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Nonprofit · EIN 42-0680340

MUSCATINE COMMUNITY Y

Tax-exempt · MUSCATINE, IA 52761

Financials

$2.5M$2.9M2023$2.7M$2.9M2024$2.7M$3.1M2025
Revenue Expenses · by fiscal year end
Financials of MUSCATINE COMMUNITY Y by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,666,833$3,123,970-$457,137$16,680,849$86,432$16,594,417
December 31, 2024990$2,662,044$2,919,871-$257,827$16,508,899$116,702$16,392,197
December 31, 2023990$2,462,720$2,872,882-$410,162$16,465,431$142,934$16,322,497
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$559,114
of which government grants
$209,994
Program service revenue
$2,060,437
Investment income
$27,414
Net gain from sales of assets
-$5,077
Net income from fundraising events
$18,331
Net income from sales of inventory
$1,537
Other revenue
$19,868

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$177,641
Other salaries and wages
$1,281,055
Salaries, compensation and benefits (total)
$1,744,514
Professional fundraising fees
$0
Occupancy
$471,864
Travel
$13,120
Depreciation
$584,727
Program services (functional)
$2,478,281
Management and general (functional)
$548,566
Fundraising (functional)
$97,123

Balance sheet and other

Total assets, start of year
$16,508,899
Total assets, end of year
$16,680,849
Total liabilities, end of year
$86,432
Net assets, end of year
$16,594,417
Land, buildings and equipment
$10,488,118
Net assets without donor restrictions
$14,593,917
Net assets with donor restrictions
$2,000,500
Gross receipts
$2,673,640
Employees
196
Volunteers
300
Year formed
1940
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 / weekCompensationOther / benefits
BRET OLSONEXECUTIVE DI
Officer
40$151,787$25,854
SHAWN BEADLE LEFT 2025FORMER VP
Trustee or director, Officer
–$0$0
BOB ALLBEEDIRECTOR
Trustee or director
0.5$0$0
YULI DIAZDIRECTOR
Trustee or director
0.5$0$0
KYLE FRYPRESIDENT
Trustee or director, Officer
0.5$0$0
KEVIN GARRISONDIRECTOR
Trustee or director
0.5$0$0
GRACE HECKMANDIRECTOR
Trustee or director
0.5$0$0
TIM HETHDIRECTOR
Trustee or director
0.5$0$0
MICHAEL HICKEYDIRECTOR
Trustee or director
0.5$0$0
KELLY LIVINGSTONDIRECTOR
Trustee or director
0.5$0$0
ADAM MILLERTREASURER
Trustee or director, Officer
0.5$0$0
CHRIS SCHOLZDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2024: 12 people
NameTitleHours / weekCompensationOther / benefits
BRET OLSONEXECUTIVE DI
Officer
40$136,840$8,167
BOB ALLBEEPRESIDENT
Trustee or director, Officer
0.5$0$0
SHAWN BEADLEVICE PRESIDE
Trustee or director, Officer
0.5$0$0
YULI DIAZDIRECTOR
Trustee or director
0.5$0$0
KYLE FRYTREASURER
Trustee or director, Officer
0.5$0$0
KEVIN GARRISONDIRECTOR
Trustee or director
0.5$0$0
GRACE HECKMANDIRECTOR
Trustee or director
0.5$0$0
TIM HETHFORMER PRESI
Trustee or director, Officer
0.5$0$0
MICHAEL HICKEYDIRECTOR
Trustee or director
0.5$0$0
KELLY LIVINGSTONDIRECTOR
Trustee or director
0.5$0$0
ADAM MILLERDIRECTOR
Trustee or director
0.5$0$0
CHRIS SCHOLZDIRECTOR
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
BRET OLSONEXECUTIVE DI
Officer
40$126,232$8,502
ALAN CROSS RESIGNED 2023DIRECTOR
Trustee or director
–$0$0
DYANN ROBY RESIGNED 2023DIRECTOR
Trustee or director
–$0$0
JOHN KUHL RESIGNED 2023DIRECTOR
Trustee or director
–$0$0
BOB ALLBEEPRESIDENT
Trustee or director, Officer
0.5$0$0
SHAWN BEADLEVICE PRESIDE
Trustee or director, Officer
0.5$0$0
YULI DIAZDIRECTOR
Trustee or director
0.5$0$0
KYLE FRYTREASURER
Trustee or director, Officer
0.5$0$0
KEVIN GARRISONDIRECTOR
Trustee or director
0.5$0$0
GRACE HECKMANDIRECTOR
Trustee or director
0.5$0$0
TIM HETHFORMER PRESI
Trustee or director, Officer
0.5$0$0
MICHAEL HICKEYDIRECTOR
Trustee or director
0.5$0$0
KELLY LIVINGSTONDIRECTOR
Trustee or director
0.5$0$0
ADAM MILLERDIRECTOR
Trustee or director
0.5$0$0
CHRIS SCHOLZDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
1823 LOGAN ST, MUSCATINE, IA 52761-2434
Principal officer (990 for 2025)
BRET OLSON, 1823 LOGAN STREET, MUSCATINE, IA 52761
Signed the 990
BRET OLSON, EXECUTIVE DIRECTOR
Phone
(563) 263-9996
Return prepared by
FORGE FINANCIAL & MANAGEMENT CONSULTING

Mission

THE MUSCATINE COMMUNITY Y, A MEMBERSHIP MOVEMENT, STRENGTHENED BY DIVERSITY, NOURISHED BY ITS CHRISTIAN VALUES, IS DEDICATED TO THE EMPOWERMENT OF MEN, WOMEN, BOYS AND GIRLS AND THE DEVELOPMENT OF SPIRIT, MIND AND BODY TO ATTAIN A COMMON VISION OF DIGNITY FOR ALL.

990 for the year ended December 31, 2025

Program accomplishments

  • HEALTH PROMOTION SERVICES: PROMOTES AND SUPPORTS PHYSICAL HEALTH AND WELL- BEING OF ALL AGES THROUGH SPORTS AND EXERCISE. INCLUDED IN THIS PROGRAM SERVICE ARE ADULT MEMBER USE OF THE FACILITY FOR OPEN GYM, RAQUETBALL AND USE OF THE EXERCISE AREA.
    Expenses $762,415 · revenue $573,078
  • AQUATICS: PROMOTES AND SUPPORTS LIFE-LONG HEALTH AND PERSONAL GROWTH OF ALL AGES AND CAPABILITIES THROUGH MASTERY AND PRACTICE OF INDIVIDUAL GROUP SKILLS IN THE POOL ENVIRONMENT. INCLUDED IN THIS PROGRAM SERVICE ARE SWIM CLASSES, WATER EXERCISE CLASSES, MEMBER USE OF THE SWIMMING POOL FOR OPEN AND LAP SWIM AND POOL RENTAL TO OUTSIDE GROUPS.
    Expenses $609,442 · revenue $405,707
  • CHARACTER DEVELOPMENT: PROVIDES OPPORTUNITIES FOR SELF-DISCOVERY AND SKILL DEVELOPMENT TO PROMOTE GROWTH INTO RESPONSIBLE ADULTHOOD FOR YOUNG PEOPLE 0-18 YEARS OF AGE IN AN ENVIRONMENT THAT VALUES THEIR DIVERSITY, LEADERSHIP AND POINT OF VIEW. INCLUDED IN THIS PROGRAM SERVICE ARE YOUTH SPORTS PROGRAMS OF SOCCER AND BASKETBALL, TEEN LEADERS CLUB, MIDDLE SCHOOL FUN NIGHTS, YOUTH AND TEEN MEMBER USE OF THE FACILITY AND KID'S CLUB.
    Expenses $660,754 · revenue $568,163
  • FAMILY PROGRAM (FPS): WE SUPPORT FAMILIES THROUGH FAMILY FOCUS, SELF- SUFFICIENCY, PARENT EDUCATION, GRANDPARENTS RAISING GRANDCHILDREN, AND RESPITE PROGRAMS. FPS PROVIDES PARENTS WITH PARENTING INFORMATION, SUPPORT, AND THE OPPORTUNITY TO EXPLORE ISSUES PARTICULAR TO THEIR NEEDS. SPECIAL OLYMPICS: PROVIDES SPORTS AND ACTIVITIES FOR YOUTH AND ADULTS WITH INTELLECTUAL DISABILITIES. BIG BROTHER BIG SISTER: PROVIDE CHILDREN FACING ADVERSITY WITH STRONG AND ENDURING, PROFESSIONALLY SUPPORTED ONE-TO-ONE RELATIONSHIPS THAT CHANGE THEIR LIVES FOR THE BETTER, FOREVER.
    Expenses $445,670 · revenue $513,489

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, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0680340
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P270)
Assets (IRS master file)
$16,680,849
Income (IRS master file)
$2,673,640

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,666,833$3,123,970$16,680,849XML
990December 2024$2,662,044$2,919,871$16,508,899XML
990December 2023$2,462,720$2,872,882$16,465,431XML
990December 2022$2,963,851$2,705,870$16,398,709IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 42-0680340).

Questions about MUSCATINE COMMUNITY Y

What is the EIN of MUSCATINE COMMUNITY Y?
The employer identification number (EIN) of MUSCATINE COMMUNITY Y is 42-0680340.
Is MUSCATINE COMMUNITY Y tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to MUSCATINE COMMUNITY Y tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MUSCATINE COMMUNITY Y 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 MUSCATINE COMMUNITY Y 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 MUSCATINE COMMUNITY Y 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 MUSCATINE COMMUNITY Y?
The 990 for the year ended December 31, 2025 names BRET OLSON.
Who are the officers and directors of MUSCATINE COMMUNITY Y?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $151,787 (BRET OLSON, EXECUTIVE DI).
How much revenue does MUSCATINE COMMUNITY Y have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,666,833, expenses of $3,123,970 and total assets of $16,680,849 at year end.

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