Nonprofit · EIN 23-7147816
COMMUNITY APARTMENTS INC
Tax-exempt · ALGONA, IA 50511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $49,484 | $55,930 | -$6,446 | $148,459 | $6,173 | $142,286 |
| December 31, 2024 | 990-EZ | $46,887 | $47,785 | -$898 | $154,905 | $6,173 | $148,732 |
| December 31, 2023 | 990-EZ | $46,106 | $52,135 | -$6,029 | $155,703 | $6,073 | $149,630 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $49,484
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $11,513
- Occupancy
- $30,922
- Other expenses
- $13,495
- Program services (functional)
- $30,922
Balance sheet and other
- Total assets, start of year
- $154,905
- Total assets, end of year
- $148,459
- Total liabilities, end of year
- $6,173
- Net assets, end of year
- $142,286
- Cash, savings and investments
- $78,038
- Land and buildings
- $70,421
- Gross receipts
- $49,484
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gary Schneider | President | 0 | $0 |
| Ethel Klepper | Vice President | 0 | $0 |
| Judy Gralapp | Secretary/Treasurer | 0 | $0 |
| Don Banwart | Director | 0 | $0 |
| Terry Struecker | Director | 0 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gary Schneider | President | 0 | $0 |
| Ethel Klepper | Vice President | 0 | $0 |
| Judy Gralapp | Secretary/Treasurer | 0 | $0 |
| Don Banwart | Director | 0 | $0 |
| Terry Struecker | Director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Terry Struecker | President | 0 | $0 |
| Ethel Klepper | Vice President | 0 | $0 |
| Judy Gralapp | Secretary/Treasurer | 0 | $0 |
| Don Banwart | Director | 0 | $0 |
| Gary Schneider | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 208 E STATE ST, ALGONA, IA 50511-2736
- Mailing address (990-N for 2021)
- PO Box 476, Algona IA 50511
- Principal officer (990-N for 2021)
- Terry Struecker, PO Box 476, Algona IA 50511
- Signed the 990-EZ
- Gary Schneider, President
- Phone
- (515) 295-2927
- Return prepared by
- Murphy Realty and Management Inc
Mission
Provide affordable housing for low income, disabled, and elderly families
Program accomplishments
- Provide affordable housing for elderly, disabled and low-income families.Expenses $30,922
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 23-7147816
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1971
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Assets (IRS master file)
- $148,459
- Income (IRS master file)
- $49,484
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $49,484 | $55,930 | $148,459 | IRS |
| 990-EZ | December 2024 | $46,887 | $47,785 | $154,905 | XML |
| 990-EZ | December 2023 | $46,106 | $52,135 | $155,703 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Terry Struecker | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
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 23-7147816).
Questions about COMMUNITY APARTMENTS INC
- What is the EIN of COMMUNITY APARTMENTS INC?
- The employer identification number (EIN) of COMMUNITY APARTMENTS INC is 23-7147816.
- Is COMMUNITY APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1971.
- Are donations to COMMUNITY APARTMENTS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COMMUNITY APARTMENTS INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of COMMUNITY APARTMENTS INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of COMMUNITY APARTMENTS INC?
- The 990-N for 2021 names Terry Struecker.
- Who are the officers and directors of COMMUNITY APARTMENTS INC?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does COMMUNITY APARTMENTS INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $49,484, expenses of $55,930 and total assets of $148,459 at year end.
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