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Nonprofit · EIN 81-4700522

ILLINOIS NO 3 FOUNDATION

Tax-exempt · ARTESIA, NM 88211

Financials

$662K$898K2023$1.5M$1M2024
Revenue Expenses · by fiscal year end
Financials of ILLINOIS NO 3 FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,482,775$1,014,405$468,370$14,288,919$0$14,288,919
December 31, 2023990-PF$661,982$897,760-$235,778$13,825,846$0$13,825,846
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,000
Dividends
$515,566
Interest
$7,901
Net gain from sales of assets
$906,710
Other income
$2,598

Expenses

Grants and similar amounts paid
$820,500
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$908,627
Excise tax on investment income
$18,529

Balance sheet and other

Total assets, start of year
$13,825,846
Total assets, end of year
$14,288,919
Total liabilities, end of year
$0
Net assets, end of year
$14,288,919
Fair market value of assets
$15,823,185
Qualifying distributions
$908,627
Net investment income
$1,432,775

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-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN A YATES JR
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
NANCY E YATES
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
JOHN A YATES III
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
LESTER J PRICE
PO BOX 900, ARTESIA, NM 882110900
SECRETARY / TREASURER / DI1$0
CYNTHIA A PRICE
PO BOX 900, ARTESIA, NM 882110900
VICE PRESIDENT/ DIRECTOR1$0
RYAN A PRICE
PO BOX 900, ARTESIA, NM 882110900
PRESIDENT / DIRECTOR1$0
JEFFREY PRICE
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
ALEXIS YATES
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JOHN A YATES JR
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
NANCY E YATES
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
JOHN A YATES III
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
LESTER J PRICE
PO BOX 900, ARTESIA, NM 882110900
SECRETARY / TREASURER / DI1$0
CYNTHIA A PRICE
PO BOX 900, ARTESIA, NM 882110900
VICE PRESIDENT/ DIRECTOR1$0
RYAN A PRICE
PO BOX 900, ARTESIA, NM 882110900
PRESIDENT / DIRECTOR1$0
JEFFREY PRICE
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0
ALEXIS YATES
PO BOX 900, ARTESIA, NM 882110900
DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 900, ARTESIA, NM 88211-0900
In care of
% RYAN A PRICE
Signed the 990-PF
RYAN PRICE, PRESIDENT
Phone
(575) 736-4000
Return prepared by
SPROLES WOODARD LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-4700522
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Environment (C12)
Assets (IRS master file)
$14,288,919
Income (IRS master file)
$9,356,575

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,482,775$1,014,405$14,288,919XML
990-PFDecember 2023$661,982$897,760$13,825,846XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 81-4700522).

Questions about ILLINOIS NO 3 FOUNDATION

What is the EIN of ILLINOIS NO 3 FOUNDATION?
The employer identification number (EIN) of ILLINOIS NO 3 FOUNDATION is 81-4700522.
Is ILLINOIS NO 3 FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ILLINOIS NO 3 FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ILLINOIS NO 3 FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ILLINOIS NO 3 FOUNDATION 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 ILLINOIS NO 3 FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of ILLINOIS NO 3 FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does ILLINOIS NO 3 FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,482,775, expenses of $1,014,405 and total assets of $14,288,919 at year end.

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