Nonprofit · EIN 42-0953931
EXCEPTIONAL OPPORTUNITIES INC
Tax-exempt · ALGONA, IA 50511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $6,690,580 | $5,708,032 | $982,548 | $11,099,283 | $362,447 | $10,736,836 |
| June 30, 2025 | 990 | $6,642,823 | $5,625,748 | $1,017,075 | $10,116,885 | $362,597 | $9,754,288 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $569,634
- Program service revenue
- $5,518,170
- Investment income
- $268,014
- Net gain from sales of assets
- $8,502
- Net income from sales of inventory
- $323,680
- Other revenue
- $334,762
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $112,457
- Other salaries and wages
- $3,923,034
- Salaries, compensation and benefits (total)
- $5,053,716
- Professional fundraising fees
- $0
- Legal fees
- $419
- Accounting fees
- $18,000
- Occupancy
- $94,343
- Depreciation
- $189,997
- Program services (functional)
- $5,149,050
- Management and general (functional)
- $558,163
- Fundraising (functional)
- $819
Balance sheet and other
- Total assets, start of year
- $10,116,885
- Total assets, end of year
- $11,099,283
- Total liabilities, end of year
- $362,447
- Net assets, end of year
- $10,736,836
- Land, buildings and equipment
- $1,525,166
- Net assets without donor restrictions
- $10,736,836
- Gross receipts
- $6,709,180
- Employees
- 117
- Year formed
- 1970
- 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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erin Schmidt | Executive Dir. Trustee or director, Officer | 45 | $112,457 |
| Judy Junkermeier | Director Trustee or director | 2 | $0 |
| Bob Christian | President Trustee or director, Officer | 2 | $0 |
| Lori Ludwig | Director Trustee or director | 2 | $0 |
| Judy Weber | Director Trustee or director | 2 | $0 |
| Beany Bode | Director Trustee or director | 2 | $0 |
| Karie Young | Director Trustee or director | 2 | $0 |
| Eric Wiltgen | Director Trustee or director | 2 | $0 |
| Rebecca Lewis | Director Trustee or director | 2 | $0 |
| Pam Cox | Secretary Trustee or director, Officer | 2 | $0 |
| Ryan Habeger | Vice President Trustee or director, Officer | 2 | $0 |
990 for the year ended June 30, 2025: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erin Schmidt | Executive Dir. Trustee or director, Officer | 45 | $115,331 |
| Judy Junkermeier | President Trustee or director, Officer | 2 | $0 |
| Bob Christian | Secretary Trustee or director, Officer | 2 | $0 |
| Lori Ludwig | Director Trustee or director | 2 | $0 |
| Judy Weber | Director Trustee or director | 2 | $0 |
| Walter Renger | Director Trustee or director | 2 | $0 |
| Brien Rindone | Director Trustee or director | 2 | $0 |
| Judy Haag | Vice President Trustee or director, Officer | 2 | $0 |
| Rebecca Lewis | Director Trustee or director | 2 | $0 |
| Pam Cox | Director Trustee or director | 2 | $0 |
| Ryan Habeger | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 40, ALGONA, IA 50511-0040
- Principal officer (990 for 2025)
- Erin Schmidt, 119 South Jones St PO Box 40, Algona, IA 50511
- Signed the 990
- Erin Schmidt, Executive Dir.
- Phone
- (515) 395-3251
- Return prepared by
- TP ANDERSON & COMPANY PC CPAS
Mission
Providing licensed residential services, waiver-certified supported living services, and CARF accredited/waiver work/habilitative services to individuals with intellectual disabilities.
Program accomplishments
- Individual Living - To provide contact hours of supervision and training in personal and home skills, advocacy skills, and community skills needed to support an individual with an intellectual disability in living safely in an apartment or home of his/her choice. These services are provided as needed to each individual, ranging from hourly services up to 24 hours daily, according to the rules and regulations set forth in Chapter 77.37 of the Iowa Administrative Code.Expenses $4,688,630 · revenue $5,043,519
- To provide work and activity skills training in as nonrestrictive a manner as possible to mentally disadvantaged adults whose level of function places a severe impairment on their production capabilities. The training furthers independence at homes and in the community while preparing them for participation in more advanced training programs.Expenses $387,154 · revenue $413,513
- West Side Apartments - To provide independent living quarters for individuals meeting admissions qualifications as established to qualify as low income housing. North Iowa Regional Housing Authority regulates rent charges.Expenses $73,266 · revenue $61,138
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-0953931
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mental health and crisis intervention (F33Z)
- Assets (IRS master file)
- $11,099,283
- Income (IRS master file)
- $6,709,180
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | – | – | – | IRS |
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $6,600,308 | $5,223,770 | $9,003,455 | IRS |
| 990 | June 2023 | $6,762,661 | $5,402,499 | $7,616,196 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about EXCEPTIONAL OPPORTUNITIES INC
- What is the EIN of EXCEPTIONAL OPPORTUNITIES INC?
- The employer identification number (EIN) of EXCEPTIONAL OPPORTUNITIES INC is 42-0953931.
- Is EXCEPTIONAL OPPORTUNITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to EXCEPTIONAL OPPORTUNITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EXCEPTIONAL OPPORTUNITIES 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 EXCEPTIONAL OPPORTUNITIES INC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EXCEPTIONAL OPPORTUNITIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of EXCEPTIONAL OPPORTUNITIES INC?
- The 990 for the year ended June 30, 2026 names Erin Schmidt.
- Who are the officers and directors of EXCEPTIONAL OPPORTUNITIES INC?
- The 990 for the year ended June 30, 2026 lists 11 people; 1 received compensation from the organization, the highest $112,457 (Erin Schmidt, Executive Dir.).
- How much revenue does EXCEPTIONAL OPPORTUNITIES INC have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $6,690,580, expenses of $5,708,032 and total assets of $11,099,283 at year end.
Other nonprofits in ALGONA
- BILL FINN HOUSE INC EIN 20-8720969 · last filed 990-N for 2025
- FRIENDS OF GARRIGAN HIGH SCHOOL INC EIN 23-7362367 · last filed 990 for 2025
- ALGONA COMMUNITY SCHOOL FOUNDATION EIN 42-1240404 · last filed 990 for 2025
- ALGONA FAMILY YOUNG MENS CHRISTIAN ASSOCIATION EIN 42-1225829 · last filed 990 for 2024
- KOSSUTH COUNTY HOSPITAL FOUNDATION EIN 42-1324032 · last filed 990 for 2025
- KOSSUTH COUNTY AGRICULTURAL ASSOCIATION EIN 42-0690235 · last filed 990 for 2024
- CENTERVILLE HOUSING INC EIN 42-1082647 · last filed 990 for 2025
- EXCEPTIONAL OPPORTUNITIES FOUNDATION INC EIN 83-0993675 · last filed 990 for 2026
All nonprofits in ALGONA · Iowa · Mental health and crisis intervention