Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2001.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
9 people listed on the 990.
Marcus Carter’s $1K as Chairman is at the 0th percentile of top reported officer pay among 2037 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 |
|---|---|---|---|
| Robert Foran | $1,100 | $1,100 | $1,750 |
| Marcus Carter | $1,200 | $1,300 | $900 |
| Donald Larsen | $1,200 | $1,200 | $1,100 |
| Bonnie Standridge | $1,100 | $1,200 | $1,200 |
| Janie Redding | $1,100 | $1,200 | $600 |
| Carol Barber | $300 | $900 | $1,100 |
| Dawn Chapman | $1,100 | $900 | $800 |
| Diane Sandifer | — | — | $1,100 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Greystone Power Foundation INC executive salaries →Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Collects and gives money for charitable causes in the Greystone Power service area.
Questions for Greystone Power Foundation INC
Your first name shows with your question. Greystone Power Foundation INC answers here, for everyone.
Accumulation and distribution of funds for charitable purposes in the greystone power corporation service area.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $506K | $868K |
| Total assetsLn 16 | $520K | $883K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $520K | $883K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $727K | $727K | ||
| Grants to domestic individualsLn 2 | $20K | $20K | ||
| Pay of current officers, directors and key staffLn 5 | $9K | $9K | ||
| Other expenses (24a–d)Ln 24 | $3K | $3K | ||
| Total functional expensesLn 25 | $760K | $760K | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Oct 30, 2025 | $1.1M | $760K | $363K | $883K | 990 PDF |
| FY2024Filed with the IRS Oct 30, 2024 | $821K | $639K | $183K | $520K | 990 PDF |
| FY2023Filed with the IRS Oct 24, 2023 | $822K | $512K | $311K | $337K | 990 PDF |
| FY2022Filed with the IRS Oct 25, 2022 | $410K | $500K | −$91K | $27K | 990 PDF |
| FY2021Filed with the IRS Oct 25, 2021 | $492K | $532K | −$40K | $117K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $1,122,215 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, 3 to look at
Part VIII · Statement of revenue $1,122,215 across 6 lines filed
Part IX · Statement of functional expenses $759,655 across 4 lines filed
Part X · Balance sheet $882,826 assets, 7 lines filed
Part XI · Reconciliation of net assets $882,826 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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