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Nonprofit · EIN 23-7077607

ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION

Tax-exempt · MADRID, IA 50156

Financials

$14K$24K2023$28K$24K2024
Revenue Expenses · by fiscal year end
Financials of ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-PF$27,995$23,553$4,442$365,278$0$365,278
July 31, 2024990-PF$14,221$23,689-$9,468$360,836$0$360,836
Financial details: 990-PF for the year ended July 31, 2025

Revenue

Dividends
$3,895
Interest
$10,821
Net gain from sales of assets
$13,279

Expenses

Grants and similar amounts paid
$18,000
Compensation of officers, directors and key employees
$400
Disbursements for charitable purposes
$18,388
Excise tax on investment income
$319

Balance sheet and other

Total assets, start of year
$360,836
Total assets, end of year
$365,278
Total liabilities, end of year
$0
Net assets, end of year
$365,278
Fair market value of assets
$408,245
Qualifying distributions
$18,388
Net investment income
$27,995

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
EMILY MCCARTY
602 S MARKET STREET, MADRID, IA 50156
SECRETARY/TR2$400
GABE BOWERS
811 KEELER STREET, BOONE, IA 50036
VICE PRESIDE2$0
CARL BERGSTROM
936 I AVE, OGDEN, IA 50212
DIRECTOR1$0
MEREDITH MAHONEY NEREM
710 KEELER ST, BOONE, IA 50036
PRESIDENT2$0
SUSAN BARKER
712 E 1ST ST, MADRID, IA 50156
DIRECTOR1$0
MATT HAU
703 E 6TH ST, MADRID, IA 50156
DIRECTOR1$0
CHELSEA JOHNSEN
1696 280TH ST, MADRID, IA 50156
DIRECTOR1$0
990-PF for the year ended July 31, 2024: 6 people
NameTitleHours / weekCompensation
EMILY MCCARTY
602 S MARKET STREET, MADRID, IA 50156
SECRETARY/TR2$400
GABE BOWERS
811 KEELER STREET, BOONE, IA 50036
VICE PRESIDE2$0
CARL BERGSTROM
936 I AVE, OGDEN, IA 50212
DIRECTOR1$0
MEREDITH MAHONEY NEREM
710 KEELER ST, BOONE, IA 50036
PRESIDENT2$0
SUSAN BARKER
712 E 1ST ST, MADRID, IA 50156
DIRECTOR1$0
MATT HAU
703 E 6TH ST, MADRID, IA 50156
DIRECTOR1$0

Address and contacts

Address (IRS master file)
602 S MARKET ST, MADRID, IA 50156-1540
In care of
% BARBARA LUND
Signed the 990-PF
EMILY MCCARTY, SECRETARY/TREASURER
Phone
(515) 290-5375
Return prepared by
HENKEL & ASSOCIATES PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990-PF on file
2023July 31, 2024December 16, 2024990-PF on file

IRS record

EIN
23-7077607
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
1973
Accounting year ends
July
Files
Form 990-PF
Assets (IRS master file)
$365,278
Income (IRS master file)
$92,048

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJuly 2025$27,995$23,553$365,278XML
990-PFJuly 2024$14,221$23,689$360,836XML
990-PFJuly 2023–––IRS
990-PFJuly 2022–––IRS
990-PFJuly 2021–––IRS
990-PFJuly 2019–––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 23-7077607).

Questions about ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION

What is the EIN of ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION?
The employer identification number (EIN) of ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION is 23-7077607.
Is ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended July 2025.
Who are the officers and directors of ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION?
The 990-PF for the year ended July 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $400 (EMILY MCCARTY, SECRETARY/TR).
How much revenue does ADOLPH H & ROSETTA J PETERSON CHARITY FOUNDATION have?
On its 990-PF for the year ended July 31, 2025 it reported revenue of $27,995, expenses of $23,553 and total assets of $365,278 at year end.

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