Nonprofit · EIN 87-6486476
GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR
Also known as INDEPENDENCE BANK TTEE
Tax-exempt · PADUCAH, KY 42001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $234,809 | $34,700 | $200,109 | $2,566,259 | $0 | $2,566,259 |
| December 31, 2023 | 990-PF | $78,108 | $32,052 | $46,056 | $2,412,017 | $0 | $2,412,017 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,901
- Dividends
- $199,665
- Net gain from sales of assets
- $25,963
- Other income
- $7,280
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $20,709
- Disbursements for charitable purposes
- $23,620
- Excise tax on investment income
- $3,107
Balance sheet and other
- Total assets, start of year
- $2,412,017
- Total assets, end of year
- $2,566,259
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,566,259
- Fair market value of assets
- $2,566,259
- Qualifying distributions
- $53,120
- Net investment income
- $232,571
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| INDEPENDENCE BANK 3143 BROADWAY, PADUCAH, KY 42001 | TRUSTEE | 5 | $20,709 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| INDEPENDENCE BANK 3143 BROADWAY, PADUCAH, KY 42001 | TRUSTEE | 5 | $19,868 |
Address and contacts
- Address (IRS master file)
- 3143 BROADWAY ST, PADUCAH, KY 42001-4340
- In care of
- % PAUL BRADFORD
- Signed the 990-PF
- JAMIE WALKER, TRUSTEE
- Phone
- (270) 444-3020
- Return prepared by
- BLYTHE CPAS PLLC
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 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-6486476
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,566,259
- Income (IRS master file)
- $662,268
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $234,809 | $34,700 | $2,566,259 | IRS |
| 990-PF | December 2023 | $78,108 | $32,052 | $2,412,017 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | 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 87-6486476).
Questions about GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR
- What is the EIN of GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR?
- The employer identification number (EIN) of GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR is 87-6486476.
- Is GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR 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 GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR 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 GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $20,709 (INDEPENDENCE BANK, TRUSTEE).
- How much revenue does GEORGE ELLIS GAY JR PERPETUAL CHARITABLE TR have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $234,809, expenses of $34,700 and total assets of $2,566,259 at year end.
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