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Nonprofit · EIN 33-4099440

GLENWOOD REDEVELOPMENT CORPORATION

Tax-exempt · GLENWOOD, IA 51534

Financials

$1.5M$1M2025
Revenue Expenses · by fiscal year end
Financials of GLENWOOD REDEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,511,627$1,033,415$478,212$478,212$0$478,212
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,026,943
of which government grants
$1,026,943
Program service revenue
$0
Investment income
$484,684
Net gain from sales of assets
$484,684
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$12,874
Program services (functional)
$992,898
Management and general (functional)
$40,517

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$478,212
Total liabilities, end of year
$0
Net assets, end of year
$478,212
Net assets without donor restrictions
$478,212
Gross receipts
$1,537,127
Employees
0
Year formed
2025
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
LARRY WINUMCHAIR
Trustee or director, Officer
8$0
MARK LINCOLNVICE CHAIR
Trustee or director, Officer
2$0
ANGIE WINQUISTTREASURER
Trustee or director, Officer
2$0
MARK NORMANSECRETARY
Trustee or director, Officer
8$0
DOUG BISSONDIRECTOR
Trustee or director
2$0
TOM HOOGESTRAATDIRECTOR
Trustee or director
2$0
RICHARD CROUCHDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
403 RAILROAD AVE, GLENWOOD, IA 51534-1967
Principal officer (990 for 2025)
LARRY WINUM, 32 N WALNUT ST, GLENWOOD, IA 51534
Signed the 990
LARRY WINUM, CHAIR
Return prepared by
NEW ERA TAX & ACCOUNTING

Mission

THE GLENWOOD REDEVELOPMENT CORPORATION'S (GRC) MISSION IS TO REDEVELOP DILAPITATED AND UNDER-UTILIZED PROPERTIES AND RETURN THEM TO PRODUCTIVE USE FOR THE BETTERMENT OF MILLS COUNTY.

990 for the year ended December 31, 2025

Program accomplishments

  • THE GRC'S PRIMARY PROGRAM SERVICE IS TO FACILITATE THE REDEVELOPMENT OF THE GLENWOOD RESOURCE CENTER CAMPUS INTO A VIBRANT, MIXED-USE RESIDENTIAL DEVELOPMENT PROVIDING A VARIETY OF HOUSING OPTIONS FOR THE RESIDENTS OF MILLS COUNTY, IOWA AND THE SURROUNDING REGION.
    Expenses $992,898

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 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 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
33-4099440
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$478,212
Income (IRS master file)
$1,537,127

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,511,627$1,033,415$478,212XML

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 33-4099440).

Questions about GLENWOOD REDEVELOPMENT CORPORATION

What is the EIN of GLENWOOD REDEVELOPMENT CORPORATION?
The employer identification number (EIN) of GLENWOOD REDEVELOPMENT CORPORATION is 33-4099440.
Is GLENWOOD REDEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to GLENWOOD REDEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLENWOOD REDEVELOPMENT CORPORATION 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 GLENWOOD REDEVELOPMENT CORPORATION 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 GLENWOOD REDEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GLENWOOD REDEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names LARRY WINUM.
Who are the officers and directors of GLENWOOD REDEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does GLENWOOD REDEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,511,627, expenses of $1,033,415 and total assets of $478,212 at year end.

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