Nonprofit · EIN 56-1655559
BASSETT SOCIETY INC
Tax-exempt · DURHAM, NC 27710
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $49,342 | $50,140 | -$798 | $281,225 | – | $281,225 |
| December 31, 2023 | 990-EZ | $55,612 | $50,701 | $4,911 | $235,315 | – | $235,315 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $40,555
- Investment income
- $8,787
Expenses
- Grants and similar amounts paid
- $31,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $7,717
- Other expenses
- $11,423
- Program services (functional)
- $19,075
Balance sheet and other
- Total assets, start of year
- $235,315
- Total assets, end of year
- $281,225
- Total liabilities, end of year
- –
- Net assets, end of year
- $281,225
- Cash, savings and investments
- $32,312
- Gross receipts
- $49,342
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Claude T Moorman III | Treasurer | 0 | $0 |
| Dean Taylor | Secretary | 0 | $0 |
| Steve Gaines | Vice President | 0 | $0 |
| Stephanie Duke Shaner | Secretary | 0 | $0 |
| Mark Shapiro | President | 0 | $0 |
| Anne Bassett | Director | 0 | $0 |
| Ned Amendola | President | 0 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Claude T Moorman III | Treasurer | 0 | $0 |
| Dean Taylor | Secretary | 0 | $0 |
| Steve Gaines | President | 0 | $0 |
| Stephanie Duke Shaner | Secretary | 0 | $0 |
| Mark Shapiro | President | 0 | $0 |
| Anne Bassett | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- DUMC BOX 3639 C/O DUKE UNIV MED CTR, DURHAM, NC 27710-0001
- In care of
- % CLAUDE T MOORMAN III
- Signed the 990-EZ
- Claude T Moorman III, Treasurer
- Phone
- (919) 668-2174
- Website
- www.bassettsociety.org
- Return prepared by
- Kirk Wilmot Consulting LLP
Mission
Scholarship to all persons who lettered in a Duke varsity sport and who matriculate in medical or dental school
Program accomplishments
- Annual ceremony to educate members on current events in sports medicine health fieldExpenses $19,075 · grants $31,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-1655559
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $281,225
- Income (IRS master file)
- $49,342
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $49,342 | $50,140 | $281,225 | XML |
| 990-EZ | December 2023 | $55,612 | $50,701 | $235,315 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1655559).
Questions about BASSETT SOCIETY INC
- What is the EIN of BASSETT SOCIETY INC?
- The employer identification number (EIN) of BASSETT SOCIETY INC is 56-1655559.
- Is BASSETT SOCIETY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to BASSETT SOCIETY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BASSETT SOCIETY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of BASSETT SOCIETY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BASSETT SOCIETY INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of BASSETT SOCIETY INC?
- The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does BASSETT SOCIETY INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $49,342, expenses of $50,140 and total assets of $281,225 at year end.
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