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Nonprofit · EIN 23-7147816

COMMUNITY APARTMENTS INC

Tax-exempt · ALGONA, IA 50511

Financials

$46K$52K2023$47K$48K2024$49K$56K2025
Revenue Expenses · by fiscal year end
Financials of COMMUNITY APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$49,484$55,930-$6,446$148,459$6,173$142,286
December 31, 2024990-EZ$46,887$47,785-$898$154,905$6,173$148,732
December 31, 2023990-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.

NameTitleHours / weekCompensation
Gary SchneiderPresident0$0
Ethel KlepperVice President0$0
Judy GralappSecretary/Treasurer0$0
Don BanwartDirector0$0
Terry StrueckerDirector0$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
Gary SchneiderPresident0$0
Ethel KlepperVice President0$0
Judy GralappSecretary/Treasurer0$0
Don BanwartDirector0$0
Terry StrueckerDirector0$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Terry StrueckerPresident0$0
Ethel KlepperVice President0$0
Judy GralappSecretary/Treasurer0$0
Don BanwartDirector0$0
Gary SchneiderDirector0$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

990-EZ for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$49,484$55,930$148,459IRS
990-EZDecember 2024$46,887$47,785$154,905XML
990-EZDecember 2023$46,106$52,135$155,703XML
990-EZDecember 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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