Nonprofit · EIN 82-3275373
ALAMANCE COMMUNITY FOUNDATION
Tax-exempt · BURLINGTON, NC 27216
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,367,430 | $2,987,199 | $1,380,231 | $27,132,311 | $6,845,624 | $20,286,687 |
| December 31, 2023 | 990 | $4,057,526 | $1,413,429 | $2,644,097 | $24,330,691 | $6,314,063 | $18,016,628 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,353,595
- Program service revenue
- $277,355
- Investment income
- $736,480
- Net gain from sales of assets
- $231,681
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,288,471
- Compensation of officers, directors and key employees
- $117,251
- Other salaries and wages
- $79,697
- Salaries, compensation and benefits (total)
- $211,505
- Professional fundraising fees
- $0
- Legal fees
- $2,046
- Accounting fees
- $21,099
- Occupancy
- $3,094
- Travel
- $981
- Depreciation
- $148
- Program services (functional)
- $2,783,377
- Management and general (functional)
- $107,330
- Fundraising (functional)
- $96,492
Balance sheet and other
- Total assets, start of year
- $24,330,691
- Total assets, end of year
- $27,132,311
- Total liabilities, end of year
- $6,845,624
- Net assets, end of year
- $20,286,687
- Land, buildings and equipment
- $27,581
- Publicly traded securities
- $23,925,355
- Net assets without donor restrictions
- $13,810,098
- Net assets with donor restrictions
- $6,476,589
- Gross receipts
- $5,169,929
- Employees
- 3
- Volunteers
- 55
- Year formed
- 2017
- 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 | Other / benefits |
|---|---|---|---|---|
| GAVIN STEVENS | EXECUTIVE DIRECTOR Officer | 40 | $107,180 | $10,072 |
| ROBERT CHANDLER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARLENE CARTER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ELIZABETH HOOD | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| RYAN MOFFITT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL DIAMOND | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SCOTT GUNN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AMI HILL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| VERNON CLAPP | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| WILLY FISHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOYCE MONTAGUE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CLAIRE HASLAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL HOLT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PAUL KOONTS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KELLY MCKINNEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARI TAYLOR | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GAVIN STEVENS | EXECUTIVE DIRECTOR Officer | 40 | $99,611 | $9,687 |
| ROBERT CHANDLER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARLENE CARTER | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FRANCIS LUMMY BARNES | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CINDY CHANDLER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| RYAN MOFFITT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CLAIRE HASLAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DAVID SELLERS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KATHLEEN TREADWELL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| AMI HILL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| SCOTT GUNN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MICHAEL DIAMOND | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| VERNON CLAPP | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| WILLY FISHER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ELIZABETH HOOD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOYCE MONTAGUE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 726, BURLINGTON, NC 27216-0726
- In care of
- % GAVIN SANDS STEVENS
- Principal officer (990 for 2024)
- GAVIN STEVENS, 1225 HUFFMAN MILL ROAD SUITE 103, BURLINGTON, NC 27215
- Signed the 990
- GAVIN STEVENS, EXECUTIVE DIRECTOR
- Phone
- (336) 790-6627
- Return prepared by
- GILLIAM BELL MOSER LLP
Mission
THE ALAMANCE COMMUNITY FOUNDATION'S MISSION IS TO STRENGTHEN ALAMANCE COUNTY FOR PRESENT AND FUTURE GENERATIONS THROUGH INSPIRED AND COLLABORATIVE GIVING.
Program accomplishments
- DONOR-ADVISED AND SCHOLARSHIP FUNDS: THE COMMUNITY FOUNDATION MANAGES 36 DONOR-ADVISED FUNDS AND 23 SCHOLARSHIP FUNDS WHICH ENABLE RESIDENTS OF ALAMANCE COUNTY TO ACHIEVE THEIR INDIVIDUAL CHARITABLE GOALS. DURING 2024, 266 GRANTS AND SCHOLARSHIPS TOTALING $1,492,668 WERE DISBURSED IN SUPPORT OF FAITH-BASED, HEALTH AND HUMAN SERVICE, EDUCATIONAL, AND OTHER COMMUNITY SERVICE ORGANIZATIONS.Expenses $1,815,473 · grants $1,492,668
- FIELD OF INTEREST FUNDS: THE COMMUNITY FOUNDATION MANAGES ENDOWED AND UNRESTRICTED GRANT FUNDS WHICH ARE USED TO STRENGTHEN ITS COMMUNITY FOR PRESENT AND FUTURE GENERATIONS. FOCUS AREAS FOR 2024 WERE PROGRAM/PROJECT-BASED FUNDING IN THE AREAS OF EDUCATION, HEALTH AND HUMAN SERVICE, YOUTH PROGRAMMING AND THE ARTS.Expenses $671,550 · grants $552,143 · revenue $273,230
- DESIGNATED AND ORGANIZATION ENDOWMENT FUNDS: AREA RESIDENTS HAVE CREATED FUNDS TO SUPPORT SPECIFIC NONPROFIT ORGANIZATIONS. DURING 2024, 14 SPECIAL INTEREST ENDOWMENT FUNDS GRANTED $97,316 TO THEIR BENEFICIARY ORGANIZATIONS. IN ADDITION, THE COMMUNITY FOUNDATION MANAGES THE ENDOWMENT FUNDS OF LOCAL NONPROFIT ORGANIZATIONS (A TOTAL OF 28 FUNDS IN 2024). ACCORDINGLY, THE FOUNDATION RECOGNIZES A LIABILITY TO THE NONPROFIT AND ADJUSTS THIS LIABILITY FOR RELATED CONTRIBUTIONS, EARNINGS, GRANTS AND EXPENSES. IN 2024, $146,344 WAS RETURNED TO THESE ORGANIZATIONS.Expenses $296,354 · grants $243,660 · revenue $4,125
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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
- 82-3275373
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $27,132,311
- Income (IRS master file)
- $5,169,929
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,367,430 | $2,987,199 | $27,132,311 | IRS |
| 990 | December 2023 | $4,057,526 | $1,413,429 | $24,330,691 | XML |
| 990 | December 2022 | $2,369,564 | $1,656,409 | $19,209,403 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 82-3275373).
Questions about ALAMANCE COMMUNITY FOUNDATION
- What is the EIN of ALAMANCE COMMUNITY FOUNDATION?
- The employer identification number (EIN) of ALAMANCE COMMUNITY FOUNDATION is 82-3275373.
- Is ALAMANCE COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to ALAMANCE COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALAMANCE COMMUNITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ALAMANCE COMMUNITY 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 ALAMANCE COMMUNITY FOUNDATION 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 ALAMANCE COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 names GAVIN STEVENS.
- Who are the officers and directors of ALAMANCE COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 16 people; 1 received compensation from the organization, the highest $107,180 (GAVIN STEVENS, EXECUTIVE DIRECTOR).
- How much revenue does ALAMANCE COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,367,430, expenses of $2,987,199 and total assets of $27,132,311 at year end.
Other nonprofits in BURLINGTON
- HAYDEN-HARMAN FOUNDATION EIN 56-2180022 · last filed 990-PF for 2025
- LABCORP CHARITABLE FOUNDATION EIN 81-0587320 · last filed 990-PF for 2025
- ALLIED CHURCHES OF ALAMANCE COUNTY INC EIN 56-1553388 · last filed 990 for 2024
- VICKY AND SAM HUNT FOUNDATION EIN 56-2115931 · last filed 990-PF for 2025
- WOMACK FAMILY CHARITABLE FOUNDATION EIN 82-3743319 · last filed 990-PF for 2025
- MICHAEL M HOLT FAMILY FOUNDATION EIN 87-4054355 · last filed 990-PF for 2025
- ERNEST A KOURY FAMILY FOUNDATION INC EIN 20-0443049 · last filed 990-PF for 2025
- BOUNDLESS IMPACT EIN 46-1635246 · last filed 990-EZ for 2025
All nonprofits in BURLINGTON · North Carolina · Philanthropy, voluntarism and grantmaking foundations