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Nonprofit · EIN 82-3365355

COMMUNITY TRUST OF UTAH

Tax-exempt · SALT LAKE CTY, UT 84106

Financials

$15.9M$15.5M2023$41M$33.4M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY TRUST OF UTAH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$40,980,341$33,391,712$7,588,629$23,821,973$628,729$23,193,244
December 31, 2023990$15,901,466$15,543,602$357,864$31,571,722$591,243$30,980,479
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$24,693,157
Program service revenue
$0
Investment income
$15,665,687
Net gain from sales of assets
$14,696,594
Other revenue
$621,497

Expenses

Grants and similar amounts paid
$31,663,620
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$78,602
Accounting fees
$22,984
Program services (functional)
$31,843,223
Management and general (functional)
$1,548,489

Balance sheet and other

Total assets, start of year
$31,571,722
Total assets, end of year
$23,821,973
Total liabilities, end of year
$628,729
Net assets, end of year
$23,193,244
Publicly traded securities
$14,869,690
Net assets without donor restrictions
$23,193,244
Gross unrelated business income
$15,450,510
Gross receipts
$53,893,906
Employees
0
Volunteers
5
Year formed
2017
State of legal domicile
UT

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.

NameTitleHours / weekCompensation
Brad DicksonVice President
Trustee or director, Officer
0.4$0
Doug HansenTreasurer
Trustee or director, Officer
0.2$0
Trish CoughlinPresident
Trustee or director, Officer
0.4$0
Chris ConardTrustee
Trustee or director
0.2$0
Marty TateTrustee
Trustee or director
0.2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
BRAD DICKSONVICE PRESIDE
Trustee or director, Officer
0.4$0
TRISH COUGHLINPRESIDENT
Trustee or director, Officer
0.4$0
DOUG HANSENTREASURER
Trustee or director, Officer
0.2$0
MARTY TATETRUSTEE
Trustee or director
0.2$0
CHRIS CONARDTRUSTEE
Trustee or director
0.2$0

Address and contacts

Address (IRS master file)
1245 E BRICKYARD RD STE 410, SALT LAKE CTY, UT 84106-4261
In care of
% JERAMY LUND
Mailing address (990-N for 2017)
2257 SOUTH 1100 EAST SUITE 205, SALT LAKE CITY UT 84106
Principal officer (990 for 2024)
Trish Coughlin, 1245 Brickyard Road STE 410, Salt Lake City, UT 84106
Principal officer (990-N for 2017)
JERAMY LUND, 2257 SOUTH 1100 EAST, SALT LAKE CITY UT 84106
Signed the 990
Trish Coughlin, Officer
Phone
(801) 559-3005
Return prepared by
Larson & Company PC

Mission

See Schedule O.

990 for the year ended December 31, 2024

Program accomplishments

  • During 2024, the organization received 13 large gifts and established Donor Advised Funds for the Donors.
    Expenses $31,843,223 · grants $31,663,620

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

IRS record

EIN
82-3365355
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
Assets (IRS master file)
$23,821,973
Income (IRS master file)
$53,893,906

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$40,980,341$33,391,712$23,821,973XML
990-TDecember 2024–––IRS
990December 2023$15,901,466$15,543,602$31,571,722XML
990-TDecember 2023–––IRS
990December 2022$53,168,017$33,911,300$38,314,413IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––IRS
990-N for 2017
Officer: JERAMY LUND
December 31, 2017≤ $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 82-3365355).

Questions about COMMUNITY TRUST OF UTAH

What is the EIN of COMMUNITY TRUST OF UTAH?
The employer identification number (EIN) of COMMUNITY TRUST OF UTAH is 82-3365355.
Is COMMUNITY TRUST OF UTAH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to COMMUNITY TRUST OF UTAH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY TRUST OF UTAH 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 COMMUNITY TRUST OF UTAH 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 COMMUNITY TRUST OF UTAH 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 COMMUNITY TRUST OF UTAH?
The 990 for the year ended December 31, 2024 names Trish Coughlin.
Who are the officers and directors of COMMUNITY TRUST OF UTAH?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does COMMUNITY TRUST OF UTAH have?
On its 990 for the year ended December 31, 2024 it reported revenue of $40,980,341, expenses of $33,391,712 and total assets of $23,821,973 at year end.

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