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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 42-1135285

NEW LIFE ESTATES LTD

Tax-exempt · ALGONA, IA 50511

Financials

$82K$80K2023$81K$75K2024$81K$77K2025
Revenue Expenses · by fiscal year end
Financials of NEW LIFE ESTATES LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$80,591$77,344$3,247$121,546$35,337$86,209
December 31, 2024990-EZ$80,582$75,110$5,472$123,940$40,978$82,962
December 31, 2023990-EZ$81,678$80,459$1,219$124,139$46,649$77,490
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$78,996
Investment income
$0
Other revenue
$1,595

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$3,075
Professional fees and payments to contractors
$11,373
Occupancy
$41,695
Other expenses
$21,201
Program services (functional)
$77,377

Balance sheet and other

Total assets, start of year
$123,940
Total assets, end of year
$121,546
Total liabilities, end of year
$35,337
Net assets, end of year
$86,209
Cash, savings and investments
$33,361
Land and buildings
$88,185
Gross receipts
$80,591

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.

NameTitleHours / weekCompensation
Beth BilyeuPresident0$0
Kathy RohlfsenVice President0$0
Linsey CurrentSecretary/Treasurer0$0
Zarren EgesdalDirector0$0
Scott WilsonDirector0$0
Eric GuthDirector0$0
Holly BrinkDirector0$0
990-EZ for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
Beth BilyeuPresident0$0
Kathy RohlfsenVice President0$0
Linsey CurrentSecretary/Treasurer0$0
Steve BakkeDirector0$0
Scott WilsonDirector0$0
Eric GuthDirector0$0
Holly BrinkDirector0$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Beth BilyeuPresident0$0
Kathy RohlfsenVice President0$0
Darin TheelSecretary/Treasurer0$0
Steve BakkeDirector0$0
Scott WilsonDirector0$0
Eric GuthDirector0$0
Holly BrinkDirector0$0

Address and contacts

Address (IRS master file)
PO BOX 476, ALGONA, IA 50511-0476
Signed the 990-EZ
Beth Bilyeu, President
Phone
(515) 295-2927
Return prepared by
Murphy Enterprises Inc

Mission

To provide low rent housing in Forest City, Iowa.

990-EZ for the year ended December 31, 2025

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 12 families to find safe and affordable housing in Forest City.
    Expenses $77,377

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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-EZ for NEW LIFE ESTATES LTD

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
42-1135285
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$121,546
Income (IRS master file)
$80,591

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$80,591$77,344$121,546IRS
990-EZDecember 2024$80,582$75,110$123,940IRS
990-EZDecember 2023$81,678$80,459$124,139XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 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 42-1135285).

Questions about NEW LIFE ESTATES LTD

What is the EIN of NEW LIFE ESTATES LTD?
The employer identification number (EIN) of NEW LIFE ESTATES LTD is 42-1135285.
Is NEW LIFE ESTATES LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1980.
Are donations to NEW LIFE ESTATES LTD tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW LIFE ESTATES LTD 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 NEW LIFE ESTATES LTD 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 NEW LIFE ESTATES LTD 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 NEW LIFE ESTATES LTD?
The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does NEW LIFE ESTATES LTD have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $80,591, expenses of $77,344 and total assets of $121,546 at year end.

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