Nonprofit · EIN 23-7103845
GEISLER PENQUITE CORPORATION
Tax-exempt · NEWTON, IA 50208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,367,318 | $16,782,850 | -$14,415,532 | $0 | $0 | $0 |
| December 31, 2023 | 990-PF | $425,195 | $971,144 | -$545,949 | $14,407,811 | $0 | $14,407,811 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $582,299
- Interest
- $48
- Net gain from sales of assets
- $1,768,233
- Other income
- $16,738
Expenses
- Grants and similar amounts paid
- $16,713,097
- Disbursements for charitable purposes
- $16,539,833
- Excise tax on investment income
- $26,707
Balance sheet and other
- Total assets, start of year
- $14,407,811
- Total assets, end of year
- $0
- Total liabilities, end of year
- $0
- Net assets, end of year
- $0
- Qualifying distributions
- $16,539,833
- Net investment income
- $1,991,134
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 |
|---|---|---|---|
| DAN SKOKAN PO BOX 924, NEWTON, IA 50208 | PRESIDENT/TREASURER | 1 | $0 |
| SHERI ROSLIEN C/O 210 E UNIVERSITY, PELLA, IA 50219 | SECRETARY | 1 | $0 |
| NOREEN OTTO 1110 S 6TH AVE W, NEWTON, IA 50208 | DIRECTOR | 1 | $0 |
| EUGENE KNOPH 208 N 2ND AVE W, NEWTON, IA 50208 | DIRECTOR | 1 | $0 |
| ERIC SICKLER 164 DELFT DR, PELLA, IA 50219 | VICE CHAIR | 1 | $0 |
| JOHN ROSLIEN C/O 210 E UNIVERSITY, PELLA, IA 50219 | DIRECTOR | 1 | $0 |
| MAURINE TIMMER 908 MONROE ST, PELLA, IA 50219 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAN SKOKAN PO BOX 924, NEWTON, IA 50208 | PRESIDENT/TREASURER | 1 | $0 |
| SHERI ROSLIEN C/O 210 E UNIVERSITY, PELLA, IA 50219 | SECRETARY | 1 | $0 |
| NOREEN OTTO 1110 S 6TH AVE W, NEWTON, IA 50208 | DIRECTOR | 1 | $0 |
| EUGENE KNOPH 208 N 2ND AVE W, NEWTON, IA 50208 | DIRECTOR | 1 | $0 |
| ERIC SICKLER 164 DELFT DR, PELLA, IA 50219 | VICE CHAIR | 1 | $0 |
| JOHN ROSLIEN C/O 210 E UNIVERSITY, PELLA, IA 50219 | DIRECTOR | 1 | $0 |
| MAURINE TIMMER 908 MONROE ST, PELLA, IA 50219 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 924, NEWTON, IA 50208-0924
- In care of
- % GARY TIMMER
- Signed the 990-PF
- DAN SKOKAN, PRESIDENT/TREASURER
- Phone
- (641) 791-2874
- Return prepared by
- OTTO LAW OFFICE 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
- 23-7103845
- 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
- 1971
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $13,705,254
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,367,318 | $16,782,850 | $0 | IRS |
| 990-PF | December 2023 | $425,195 | $971,144 | $14,407,811 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 23-7103845).
Questions about GEISLER PENQUITE CORPORATION
- What is the EIN of GEISLER PENQUITE CORPORATION?
- The employer identification number (EIN) of GEISLER PENQUITE CORPORATION is 23-7103845.
- Is GEISLER PENQUITE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to GEISLER PENQUITE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GEISLER PENQUITE CORPORATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GEISLER PENQUITE CORPORATION 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 GEISLER PENQUITE CORPORATION 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 GEISLER PENQUITE CORPORATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does GEISLER PENQUITE CORPORATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,367,318, expenses of $16,782,850 and total assets of $0 at year end.
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