Nonprofit · EIN 39-1886437
IOWA CITY VA MEDICAL RESEARCH FOUNDATION
Tax-exempt · IOWA CITY, IA 52246
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $387,310 | $389,952 | -$2,642 | $1,450,824 | $1,095,226 | $355,598 |
| December 31, 2024 | 990 | $478,228 | $639,876 | -$161,648 | $1,233,111 | $874,871 | $358,240 |
| December 31, 2023 | 990 | $668,837 | $913,958 | -$245,121 | $1,296,917 | $777,029 | $519,888 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $370,660
- Investment income
- $16,650
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $101,840
- Other salaries and wages
- $139,809
- Salaries, compensation and benefits (total)
- $262,536
- Professional fundraising fees
- $0
- Legal fees
- $480
- Accounting fees
- $22,945
- Travel
- $18,178
- Program services (functional)
- $266,246
- Management and general (functional)
- $123,706
Balance sheet and other
- Total assets, start of year
- $1,233,111
- Total assets, end of year
- $1,450,824
- Total liabilities, end of year
- $1,095,226
- Net assets, end of year
- $355,598
- Net assets without donor restrictions
- $355,598
- Gross receipts
- $387,310
- Employees
- 2
- Volunteers
- 7
- Year formed
- 1997
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YOREK DR MARK | CHAIR Trustee or director, Officer | 5 | $0 | $179,786 | $0 |
| STRECK MELISSA | DIRECTOR Trustee or director | 1 | $0 | $111,085 | $429 |
| HOLT KATHLEEN | EXECUTIVE DIRECTOR Officer | 30 | $101,400 | $0 | $440 |
| MIKELSON JOHN | SECRETARY/TREASURER Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| KLINE DR JOEL | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| PARKER DR STANLEY | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| VANDERHOEF PETER | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| STRECK HEATH | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| SHARP VICTORIA | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YOREK DR MARK | CHAIR Trustee or director, Officer | 2 | $0 | $178,030 | $0 |
| POINTS KARI LEFT BEFORE YEAR END | DIRECTOR Trustee or director | 2 | $0 | $144,698 | $0 |
| HOLT KATHLEEN | EXECUTIVE DIRECTOR Officer | 30 | $101,400 | $0 | $38,892 |
| STRECK MELISSA | DIRECTOR Trustee or director | 2 | $0 | $27,526 | $0 |
| MIKELSON JOHN | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JOHNSON-MEKOTA JUDITH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| KLINE DR JOEL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| PARKER DR STANLEY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VANDERHOEF PETER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VASHISTHA DR VISHAL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| YOREK DR MARK | CHAIR Trustee or director, Officer | 2 | $0 | $170,278 | $0 |
| POINTS KARI | DIRECTOR Trustee or director | 2 | $0 | $133,326 | $20,181 |
| HOLT KATHLEEN | EXECUTIVE DIRECTOR Officer | 30 | $98,880 | $0 | $49,000 |
| MIKELSON JOHN | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| JOHNSON-MEKOTA JUDITH | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| KLINE DR JOEL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| PARKER DR STANLEY | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VANDERHOEF PETER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VASHISTHA DR VISHAL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 601 HIGHWAY 6 W, IOWA CITY, IA 52246-2209
- Principal officer (990 for 2025)
- KATHLEEN HOLT, 601 HIGHWAY 6 WEST 151, IOWA CITY, IA 52246
- Signed the 990
- KATHLEEN HOLT, EXECUTIVE DIRECTOR
- Phone
- (319) 688-3542
- Website
- WWW.ICVAFOUNDATION.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE IOWA CITY VA MEDICAL RESEARCH FOUNDATION'S (ICVARF) MISSION IS TO MOBILIZE RESOURCES THAT HELP IMPROVE VETERANS' HEALTHCARE, EDUCATION, AND LIVES. BASED IN IOWA CITY, A HUB OF RESEARCH AND HEALTH CARE IN THE MIDWEST, THE FOUNDATION SERVICES VETERANS IN IOWA AND EASTERN ILLINOIS. ICVARF ALSO HELPS THE IOWA CITY VA HEALTH CARE SYSTEM ADVANCE ITS HEALTHCARE GOALS. ICVARF SUPPORTS MEDICAL RESEARCH PROJECTS LED BY VA PRINCIPAL INVESTIGATORS AND STAFF TO ASSIST AND IMPROVE THE HEALTHCARE PROVIDED TO THE VETERAN COMMUNITY.
Program accomplishments
- IOWA CITY VA MEDICAL RESEARCH FOUNDATION (ICVARF) MOBILIZES RESOURCES THAT HELP IMPROVE VETERANS' HEALTHCARE, EDUCATION, AND LIVES. BASED IN IOWA CITY, A HUB OF RESEARCH AND HEALTH CARE IN THE MIDWEST, WE SERVE VETERANS IN IOWA AND EASTERN ILLINOIS. ICVARF HELPS THE IOWA CITY VA HEALTH CARE SYSTEM ADVANCE ITS HEALTHCARE GOALS. ICVARF SUPPORTS MEDICAL RESEARCH PROJECTS LED BY PRINCIPAL INVESTIGATORS AND STAFF TO ASSIST AND IMPROVE THE HEALTHCARE PROVIDED TO THE VETERAN COMMUNITY.THE FOUNDATION HAS SUCCESSFULLY COMPLETED THE NOVARTIS-VALOR-QI STATIN COMPLIANCE CRADA.Expenses $266,246 · revenue $370,660
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-1886437
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H00Z)
- Assets (IRS master file)
- $1,450,824
- Income (IRS master file)
- $387,310
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $387,310 | $389,952 | $1,450,824 | IRS |
| 990 | December 2024 | $478,228 | $639,876 | $1,233,111 | IRS |
| 990 | December 2023 | $668,837 | $913,958 | $1,296,917 | XML |
| 990 | December 2022 | $941,060 | $998,126 | $845,189 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 39-1886437).
Questions about IOWA CITY VA MEDICAL RESEARCH FOUNDATION
- What is the EIN of IOWA CITY VA MEDICAL RESEARCH FOUNDATION?
- The employer identification number (EIN) of IOWA CITY VA MEDICAL RESEARCH FOUNDATION is 39-1886437.
- Is IOWA CITY VA MEDICAL RESEARCH FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to IOWA CITY VA MEDICAL RESEARCH FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IOWA CITY VA MEDICAL RESEARCH FOUNDATION 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 IOWA CITY VA MEDICAL RESEARCH FOUNDATION 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 IOWA CITY VA MEDICAL RESEARCH FOUNDATION 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 IOWA CITY VA MEDICAL RESEARCH FOUNDATION?
- The 990 for the year ended December 31, 2025 names KATHLEEN HOLT.
- Who are the officers and directors of IOWA CITY VA MEDICAL RESEARCH FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 1 received compensation from the organization.
- How much revenue does IOWA CITY VA MEDICAL RESEARCH FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $387,310, expenses of $389,952 and total assets of $1,450,824 at year end.
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