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Nonprofit · EIN 23-7023677

NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION

Tax-exempt · MASON CITY, IA 50401

Financials

$8M$4.3M2023$8.7M$4.3M2024
Revenue Expenses · by fiscal year end
Financials of NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,692,583$4,262,599$4,429,984$53,123,742$87,140$53,036,602
June 30, 2024990$7,991,615$4,322,118$3,669,497$48,635,661$29,043$48,606,618
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,683,260
Program service revenue
$23,844
Investment income
$4,985,479
Net gain from sales of assets
$3,886,428
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,917,688
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$4,024,428
Management and general (functional)
$27,529
Fundraising (functional)
$210,642

Balance sheet and other

Total assets, start of year
$48,635,661
Total assets, end of year
$53,123,742
Total liabilities, end of year
$87,140
Net assets, end of year
$53,036,602
Land, buildings and equipment
$783,656
Publicly traded securities
$50,623,566
Net assets without donor restrictions
$11,817,667
Net assets with donor restrictions
$41,218,935
Gross receipts
$12,570,615
Employees
0
Year formed
1968
State of legal domicile
IA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHANAN REDINGERPRESIDENT
Trustee or director, Officer
0$0
MARY AMSBAUGHVICE PRESIDENT
Trustee or director, Officer
0$0
SHERRY BECKERDIRECTOR
Trustee or director
0$0
DENNIS BUSTADIRECTOR
Trustee or director
0$0
HUNTER CALLANANDIRECTOR
Trustee or director
0$0
AMANDA CROWELLDIRECTOR
Trustee or director
0$0
LINDSEY FALKDIRECTOR
Trustee or director
0$0
BILL FELLERDIRECTOR
Trustee or director
0$0
KELLY LARSONDIRECTOR
Trustee or director
0$0
TOM MANGANDIRECTOR
Trustee or director
0$0
DEB MEADEDIRECTOR
Trustee or director
0$0
MICHAEL MOELLERDIRECTOR
Trustee or director
0$0
STEPHANIE NETTLETONDIRECTOR
Trustee or director
0$0
KIRK PAULSONDIRECTOR
Trustee or director
0$0
BILL PAULUSDIRECTOR
Trustee or director
0$0
3 more people on this return
NameTitleHours / weekCompensation
MINDY EASTMANSECRETARYTREASURER
Officer
0$0
ANDREA HELM MUJICAASSISTANT DIRECTOR
Officer
0$0
MOLLY KNOLLFORMER DIRECTOR INST
Former
0$0
990 for the year ended June 30, 2024: 21 people
NameTitleHours / weekCompensation
MARY AMSBAUGHDIRECTOR
Trustee or director
–$0
NANCY BARNESPRESIDENT
Trustee or director, Officer
–$0
SHERRY BECKERDIRECTOR
Trustee or director
–$0
DENNIS BUSTADIRECTOR
Trustee or director
–$0
AMANDA CROWELLDIRECTOR
Trustee or director
–$0
LINDSEY FALKDIRECTOR
Trustee or director
–$0
BILL FELLERDIRECTOR
Trustee or director
–$0
DAVID STEFFENS JRDIRECTOR
Trustee or director
–$0
TOM MANGANDIRECTOR
Trustee or director
–$0
DEB MEADEDIRECTOR
Trustee or director
–$0
STEPHANIE NETTLETONDIRECTOR
Trustee or director
–$0
KIRK PAULSONDIRECTOR
Trustee or director
–$0
BILL PAULUSDIRECTOR
Trustee or director
–$0
JOE POPPDIRECTOR
Trustee or director
–$0
SHANAN REDINGERVICE PRESIDE
Trustee or director, Officer
–$0
PAMELA ROBERTSDIRECTOR
Trustee or director
–$0
PAUL ROTTINGHAUSDIRECTOR
Trustee or director
–$0
ROD SCHLADERDIRECTOR
Trustee or director
–$0
JEAN TORGESONDIRECTOR
Trustee or director
–$0
MINDY EASTMANSECRETARY/TR
Officer
–$0
MOLLY KNOLLDIR OF INST
Officer
–$0

Address and contacts

Address (IRS master file)
500 COLLEGE DR, MASON CITY, IA 50401-7213
In care of
% MINDY EASTMAN
Principal officer (990 for 2024)
MINDY EASTMAN, 500 COLLEGE DRIVE, MASON CITY, IA 50401
Signed the 990
MINDY EASTMAN, BOARD SECRETARYTREASURER
Phone
(641) 422-4363

Mission

RAISE FUNDS TO SUPPORT EDUCATIONAL MISSION OF THE COLLEGE

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE SUPPORT FOR SCHOLARSHIPS TO STUDENTS OF THE NORTH IOWA AREA COMMUNITY COLLEGE.
    Expenses $1,209,339 · grants $1,209,339 · revenue $23,844
  • PROVIDE SUPPORT FOR ATHLETIC SCHOLARSHIPS FOR STUDENTS OF THE NORTH IOWA AREA COMMUNITY COLLEGE ATHLETIC PROGRAMS.
    Expenses $123,280 · grants $123,280
  • JOHN PAPJOHN ENTREPRENEURIAL CENTER OFFERS BUSINESS TOOLS AND EDUCATIONAL OPPORTUNITIES TO ASSIST IN STARTING A NEW BUSINESS OR EXPANDING AN EXISTING BUSINESS.
    Expenses $306,440 · grants $306,440

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7023677
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
1969
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$53,123,742
Income (IRS master file)
$12,570,615

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$8,692,583$4,262,599$53,123,742XML
990June 2024$7,991,615$4,322,118$48,635,661XML
990June 2023$6,070,250$2,340,508$45,037,445IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 23-7023677).

Questions about NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION

What is the EIN of NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION?
The employer identification number (EIN) of NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION is 23-7023677.
Is NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does NORTH IOWA AREA COMMUNITY COLLEGE 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 NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 names MINDY EASTMAN.
Who are the officers and directors of NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 18 people; 0 received compensation from the organization.
How much revenue does NORTH IOWA AREA COMMUNITY COLLEGE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,692,583, expenses of $4,262,599 and total assets of $53,123,742 at year end.

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