Nonprofit · EIN 84-2490661
COMMONSHARE INC
Tax-exempt · HENRICO, VA 23229
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,461,443 | $1,427,174 | $34,269 | $589,625 | $569,447 | $20,178 |
| December 31, 2023 | 990 | $1,177,705 | $1,217,978 | -$40,273 | $417,084 | $431,174 | -$14,090 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $225,427
- Program service revenue
- $1,235,681
- Investment income
- $335
- Tax-exempt bond proceeds
- $335
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $995,842
- Compensation of officers, directors and key employees
- $43,250
- Other salaries and wages
- $262,877
- Salaries, compensation and benefits (total)
- $306,127
- Professional fundraising fees
- $0
- Occupancy
- $18,963
- Program services (functional)
- $1,345,278
- Management and general (functional)
- $81,896
Balance sheet and other
- Total assets, start of year
- $417,084
- Total assets, end of year
- $589,625
- Total liabilities, end of year
- $569,447
- Net assets, end of year
- $20,178
- Land, buildings and equipment
- $32,720
- Net assets without donor restrictions
- $20,178
- Gross receipts
- $1,461,443
- Employees
- 12
- Volunteers
- 5
- Year formed
- 2019
- State of legal domicile
- VA
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 |
|---|---|---|---|
| WILLIAM M WEIMER II | EXECUTIVE DIRECTOR & BOARD MEMBER Trustee or director, Officer, Key employee | 15 | $43,250 |
| VINCENT E JACKSON | CHAIRMAN OF THE BOARD Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William M Weimer II | Executive Director & Board Member Trustee or director, Officer, Key employee | 15 | $29,100 |
| Vincent E Jackson | Chairman of Board Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1602 SKIPWITH RD, HENRICO, VA 23229-5205
- In care of
- % WILLIAM WEIMER
- Mailing address (990-N for 2020)
- 2026-A Dabney Rd, Richmond VA 23230
- Principal officer (990 for 2024)
- William M Weimer II, 1602 Skipwith Rd, Henrico, VA 23229
- Principal officer (990-N for 2020)
- William Weimer II, 5012 Fleming Crossroads Ln, Kents Store VA 23084
- Signed the 990
- William M Weimer II, Executive Director
- Phone
- (804) 416-6255
- Website
- http://www.commonsharerx.org
Mission
Commonshare is a charitable pharmacy providing access to prescription medications to individuals. The primary mission focus is to assist uninsured or underinsured individuals, free clinics, federal qualified healthcare centers, and hospitals.
Program accomplishments
- (1) Medication Access (MA): Through our MA program, we procure medications from drug wholesalers or donated medication from non-profit partners. We dispense these medications to individuals with a valid prescription from referral source clinics, hospitals, and community-based physicians either free or at or below cost. (2) Public Health Vaccinations: In response to the ongoing need for public health Commonshare provides vaccination clinics. We offer off-site community clinics at senior living centers, employers, and churches. Beyond this walk-in vaccinations at the pharmacy are offered every day.Expenses $1,306,107 · grants $44,360 · revenue $1,072,130
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
- 84-2490661
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E60)
- Assets (IRS master file)
- $589,625
- Income (IRS master file)
- $1,461,443
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,461,443 | $1,427,174 | $589,625 | XML |
| 990 | December 2023 | $1,177,705 | $1,217,978 | $417,084 | XML |
| 990 | December 2022 | $421,219 | $351,650 | $126,067 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: William Weimer II | December 31, 2020 | ≤ $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 84-2490661).
Questions about COMMONSHARE INC
- What is the EIN of COMMONSHARE INC?
- The employer identification number (EIN) of COMMONSHARE INC is 84-2490661.
- Is COMMONSHARE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to COMMONSHARE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMONSHARE INC 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 COMMONSHARE 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 COMMONSHARE INC 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 COMMONSHARE INC?
- The 990 for the year ended December 31, 2024 names William M Weimer II.
- Who are the officers and directors of COMMONSHARE INC?
- The 990 for the year ended December 31, 2024 lists 2 people; 1 received compensation from the organization, the highest $43,250 (WILLIAM M WEIMER II, EXECUTIVE DIRECTOR & BOARD MEMBER).
- How much revenue does COMMONSHARE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,461,443, expenses of $1,427,174 and total assets of $589,625 at year end.
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