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Nonprofit · EIN 27-0375039

NORTHWEST IOWA HOUSING TRUST FUND INC

Tax-exempt · SPENCER, IA 51301

Financials

$485K$284K2023$288K$531K2024
Revenue Expenses · by fiscal year end
Financials of NORTHWEST IOWA HOUSING TRUST FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$288,468$531,154-$242,686$1,964,125$8,592$1,955,533
June 30, 2024990$485,198$284,198$201,000$2,207,421$9,202$2,198,219
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$246,328
of which government grants
$246,328
Program service revenue
$6,747
Investment income
$35,393
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$504,188
Management and general (functional)
$26,966

Balance sheet and other

Total assets, start of year
$2,207,421
Total assets, end of year
$1,964,125
Total liabilities, end of year
$8,592
Net assets, end of year
$1,955,533
Net assets without donor restrictions
$1,955,533
Gross receipts
$288,468
Employees
0
Year formed
2010
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
CAL CLEVERINGADIRECTOR
Trustee or director
0.5$0
KATHY CROKERDIRECTOR
Trustee or director
0.5$0
COURTNEY DELOSSDIRECTOR
Trustee or director
0.5$0
JOSH EARLLDIRECTOR
Trustee or director
0.5$0
TIM FAIRCHILDDIRECTOR
Trustee or director
0.5$0
ROGER FAULSTICKDIRECTOR
Trustee or director
0.5$0
DAN FRIEDRICHSENDIRECTOR
Trustee or director
0.5$0
JERRY HELMERSDIRECTOR
Trustee or director
0.5$0
CRAIG HOFTYZERDIRECTOR
Trustee or director
0.5$0
WENDY HUISMANDIRECTOR
Trustee or director
0.5$0
STEVE JIMMERSONDIRECTOR
Trustee or director
0.5$0
TED KOUROUSISDIRECTOR
Trustee or director
0.5$0
JEFF QUASTADDIRECTOR
Trustee or director
0.5$0
GRETCHEN REICHTERDIRECTOR
Trustee or director
0.5$0
DENNIS SCHOLTENDIRECTOR
Trustee or director
0.5$0
5 more people on this return
NameTitleHours / weekCompensation
TJ THAYERDIRECTOR
Trustee or director
0.5$0
MIKE TIDEMANNDIRECTOR
Trustee or director
0.5$0
PAM VIRELLIDIRECTOR
Trustee or director
0.5$0
KRISTIN WESTERMANSECRETARY
Trustee or director
0.5$0
STACEY ZIMMERDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensation
CAL CLEVERINGADIRECTOR
Trustee or director
0.5$0
KATHY CROKERDIRECTOR
Trustee or director
0.5$0
COURTNEY DELOSSDIRECTOR
Trustee or director
0.5$0
JOSH EARLLDIRECTOR
Trustee or director
0.5$0
TIM FAIRCHILDDIRECTOR
Trustee or director
0.5$0
ROGER FAULSTICKDIRECTOR
Trustee or director
0.5$0
DAN FRIEDRICHSENDIRECTOR
Trustee or director
0.5$0
JERRY HELMERSDIRECTOR
Trustee or director
0.5$0
CRAIG HOFTYZERDIRECTOR
Trustee or director
0.5$0
WENDY HUISMANDIRECTOR
Trustee or director
0.5$0
STEVE JIMMERSONDIRECTOR
Trustee or director
0.5$0
TED KOUROUSISDIRECTOR
Trustee or director
0.5$0
KRISTIN LARSENSECRETARY
Trustee or director
0.5$0
JEFF QUASTADDIRECTOR
Trustee or director
0.5$0
GRETCHEN REICHTERDIRECTOR
Trustee or director
0.5$0
DENNIS SCHOLTENDIRECTOR
Trustee or director
0.5$0
TJ THAYERDIRECTOR
Trustee or director
0.5$0
MIKE TIDEMANNDIRECTOR
Trustee or director
0.5$0
PAM VIRELLIDIRECTOR
Trustee or director
0.5$0
STACEY ZIMMERDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
217 W 5TH ST, SPENCER, IA 51301-3853
Mailing address (990-N for 2009)
217 W 5th Street, PO Box 1493, Spencer IA 51301
Principal officer (990 for 2024)
TED KOUROUSIS, PO BOX 1493, SPENCER, IA 51301
Principal officer (990-N for 2009)
Mr Mark Gaul, 416 9th Street, PO Box 276, Sheldon IA 51201
Signed the 990
TED KOUROUSIS, DIRECTOR
Phone
(712) 262-7225
Return prepared by
WILLIAMS & COMPANY CPA PC

Mission

TO PROMOTE THE CREATION AND PRESERVATION OF AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME PERSONS RESIDING WITHIN THE REGION.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDED FORGIVABLE AND REPAYABLE LOANS TO LOW AND MODERATE INCOME PERSONS IN THE SIX COUNTY REGION THROUGH A GRANT FROM THE IOWA FINANCE AUTHORITY AND LOCAL CAPITAL.
    Expenses $504,188 · revenue $6,747

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
27-0375039
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,964,125
Income (IRS master file)
$288,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$288,468$531,154$1,964,125XML
990June 2024$485,198$284,198$2,207,421XML
990June 2023$403,205$269,731$2,002,451IRS
990June 2022$322,091$281,454$1,910,368IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2009
Officer: Mr Mark Gaul
December 31, 2009≤ $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 27-0375039).

Questions about NORTHWEST IOWA HOUSING TRUST FUND INC

What is the EIN of NORTHWEST IOWA HOUSING TRUST FUND INC?
The employer identification number (EIN) of NORTHWEST IOWA HOUSING TRUST FUND INC is 27-0375039.
Is NORTHWEST IOWA HOUSING TRUST FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to NORTHWEST IOWA HOUSING TRUST FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NORTHWEST IOWA HOUSING TRUST FUND INC 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 NORTHWEST IOWA HOUSING TRUST FUND INC 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 NORTHWEST IOWA HOUSING TRUST FUND INC 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 NORTHWEST IOWA HOUSING TRUST FUND INC?
The 990 for the year ended June 30, 2025 names TED KOUROUSIS.
Who are the officers and directors of NORTHWEST IOWA HOUSING TRUST FUND INC?
The 990 for the year ended June 30, 2025 lists 20 people; 0 received compensation from the organization.
How much revenue does NORTHWEST IOWA HOUSING TRUST FUND INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $288,468, expenses of $531,154 and total assets of $1,964,125 at year end.

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