Nonprofit · EIN 56-2190319
MOUNTAIN ENDOWMENT FUND
Tax-exempt · HIGHLANDS, NC 28741
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $47,995 | $28,523 | $19,472 | $787,647 | $0 | $787,647 |
| December 31, 2023 | 990 | $52,721 | $24,612 | $28,109 | $708,030 | $0 | $708,030 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $47,982
- Program service revenue
- $0
- Investment income
- $13
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $28,321
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $28,523
Balance sheet and other
- Total assets, start of year
- $708,030
- Total assets, end of year
- $787,647
- Total liabilities, end of year
- $0
- Net assets, end of year
- $787,647
- Publicly traded securities
- $746,172
- Net assets without donor restrictions
- $787,647
- Gross receipts
- $47,995
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2001
- State of legal domicile
- NC
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erin Thompson | President Trustee Trustee or director | 5 | $0 |
| Linda Sterner | Vice President Trustee Trustee or director | 1 | $0 |
| Robert Marcy | Treasurer Trustee Trustee or director | 2 | $0 |
| Teresa Falzone | Secretary Trustee Trustee or director | 1 | $0 |
| Lois Lee | Trustee Trustee or director | 1 | $0 |
| Joy Irwin | Trustee Trustee or director | 1 | $0 |
| Lem Arnold | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Linda Sterner | President Trustee Trustee or director | 5 | $0 |
| Lem Arnold | Vice President Trustee Trustee or director | 1 | $0 |
| Robert Marcy | Treasurer Trustee Trustee or director | 2 | $0 |
| Erin Thompson | Secretary Trustee Trustee or director | 1 | $0 |
| Lois Lee | Trustee Trustee or director | 1 | $0 |
| Joy Irwin | Trustee Trustee or director | 1 | $0 |
| Teresa Falzone | Trustee Trustee or director | 1 | $0 |
| Deb Holden | Trustee Trustee or director | 1 | $0 |
| Bonnie Gramlich | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1299, HIGHLANDS, NC 28741-1299
- In care of
- % ROBERT B MARCY
- Mailing address (990-N for 2014)
- P O Box 1299, Highlands NC 28741
- Principal officer (990 for 2024)
- Robert B Marcy, 4815 Pandora Ct, Charlotte, NC 28212
- Principal officer (990-N for 2014)
- Robert E Smith, 400 Holt Rd, Highlands NC 28741
- Signed the 990
- Robert Marcy, Treasurer
- Phone
- (828) 526-4594
- Website
- www.mountaincenters.org
Mission
To support the long-term stability of The Mountain Retreat and Learning Center and to enhance its mission programs and activities
Program accomplishments
- Grant endowment support to The Mountain Retreat & Learning CenterExpenses $28,523 · grants $28,321
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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-2190319
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2001
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $787,647
- Income (IRS master file)
- $47,995
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $47,995 | $28,523 | $787,647 | XML |
| 990 | December 2023 | $52,721 | $24,612 | $708,030 | XML |
| 990 | December 2022 | $102,429 | $25,039 | $605,242 | IRS |
| 990 | December 2021 | $115,271 | $13,815 | $623,896 | IRS |
| 990-N for 2014 Officer: Robert E Smith | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 56-2190319).
Questions about MOUNTAIN ENDOWMENT FUND
- What is the EIN of MOUNTAIN ENDOWMENT FUND?
- The employer identification number (EIN) of MOUNTAIN ENDOWMENT FUND is 56-2190319.
- Is MOUNTAIN ENDOWMENT FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to MOUNTAIN ENDOWMENT FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MOUNTAIN ENDOWMENT FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MOUNTAIN ENDOWMENT FUND 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 MOUNTAIN ENDOWMENT FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MOUNTAIN ENDOWMENT FUND?
- The 990 for the year ended December 31, 2024 names Robert B Marcy.
- Who are the officers and directors of MOUNTAIN ENDOWMENT FUND?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does MOUNTAIN ENDOWMENT FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $47,995, expenses of $28,523 and total assets of $787,647 at year end.
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