Nonprofit · EIN 42-1020558
IOWA FALLS HOUSING INC
Tax-exempt · ALGONA, IA 50511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $164,472 | $216,500 | -$52,028 | $129,570 | $23,074 | $106,496 |
| December 31, 2024 | 990-EZ | $156,374 | $168,736 | -$12,362 | $182,310 | $23,786 | $158,524 |
| December 31, 2023 | 990-EZ | $127,573 | $172,903 | -$45,330 | $195,385 | $24,499 | $170,886 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $161,673
- Investment income
- $11
- Other revenue
- $2,788
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $4,200
- Professional fees and payments to contractors
- $18,819
- Occupancy
- $148,188
- Other expenses
- $45,293
- Program services (functional)
- $216,500
Balance sheet and other
- Total assets, start of year
- $182,310
- Total assets, end of year
- $129,570
- Total liabilities, end of year
- $23,074
- Net assets, end of year
- $106,496
- Cash, savings and investments
- $11,003
- Land and buildings
- $118,567
- Gross receipts
- $164,472
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Bahr | President | 0 | $0 |
| Tim Smith | Vice President | 0 | $0 |
| Jane McClellan | Secretary/Treasurer | 0 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Bahr | President | 0 | $0 |
| Tim Smith | Vice President | 0 | $0 |
| Jane McClellan | Secretary/Treasurer | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Bahr | President | 0 | $0 |
| Tim Smith | Vice President | 0 | $0 |
| Jane McClellan | Secretary/Treasurer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 476, ALGONA, IA 50511-0476
- Signed the 990-EZ
- Scott Bahr, President
- Phone
- (515) 295-2927
- Return prepared by
- Murphy Enterprises Inc
Mission
To provide low rent housing in Iowa Falls, Iowa.
Program accomplishments
- To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 23 families to find safe and affordable housing in Iowa Falls.Expenses $216,500
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 42-1020558
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $129,570
- Income (IRS master file)
- $164,472
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $164,472 | $216,500 | $129,570 | IRS |
| 990-EZ | December 2024 | $156,374 | $168,736 | $182,310 | IRS |
| 990-EZ | December 2023 | $127,573 | $172,903 | $195,385 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 42-1020558).
Questions about IOWA FALLS HOUSING INC
- What is the EIN of IOWA FALLS HOUSING INC?
- The employer identification number (EIN) of IOWA FALLS HOUSING INC is 42-1020558.
- Is IOWA FALLS HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1975.
- Are donations to IOWA FALLS HOUSING INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does IOWA FALLS HOUSING 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 IOWA FALLS HOUSING INC 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 FALLS HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of IOWA FALLS HOUSING INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does IOWA FALLS HOUSING INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $164,472, expenses of $216,500 and total assets of $129,570 at year end.
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