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Nonprofit · EIN 42-1193531

HANDICARE INC

Tax-exempt · CORALVILLE, IA 52241

Financials

$1.7M$1.9M2023$2M$2M2024
Revenue Expenses · by fiscal year end
Financials of HANDICARE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,959,909$1,988,831-$28,922$1,480,382$204,616$1,275,766
December 31, 2023990$1,689,551$1,864,872-$175,321$1,528,673$228,551$1,300,122
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$85,025
of which government grants
$77,792
Program service revenue
$1,825,819
Investment income
$49,065
Net gain from sales of assets
$14,208
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$61,513
Other salaries and wages
$1,348,381
Salaries, compensation and benefits (total)
$1,580,019
Professional fundraising fees
$0
Accounting fees
$29,541
Occupancy
$98,056
Depreciation
$43,737
Program services (functional)
$1,791,280
Management and general (functional)
$190,157
Fundraising (functional)
$7,394

Balance sheet and other

Total assets, start of year
$1,528,673
Total assets, end of year
$1,480,382
Total liabilities, end of year
$204,616
Net assets, end of year
$1,275,766
Land, buildings and equipment
$594,451
Net assets without donor restrictions
$1,275,766
Gross receipts
$1,959,909
Employees
52
Volunteers
5
Year formed
1982
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Laura LageExecutive Director
Officer
40$61,513$3,107
Donnie StanleyOperations Manager
Officer
40$55,753$0
Dominica RehbeinPresident
Trustee or director, Officer
0.3$0$0
Blake LaughtonVice President
Trustee or director, Officer
0.3$0$0
Adam KlotzTreasurer
Trustee or director, Officer
0.3$0$0
Kendra EverestSecretary
Trustee or director, Officer
0.3$0$0
Suleyman AslanMember
Trustee or director
0.3$0$0
Kendra BelskiMember
Trustee or director
0.3$0$0
Ellie CampbellMember
Trustee or director
0.3$0$0
Ellen ChambersMember
Trustee or director, Officer
0.3$0$0
Chetie DanielsMember
Trustee or director
0.3$0$0
Bryan DannenMember
Trustee or director
0.3$0$0
Adam SpiekerMember
Trustee or director
0.3$0$0
Tricia SuarezPresident (Partial Year)
Trustee or director
0.3$0$0
Heather YoungquistMember (Partial Year)
Trustee or director
0.3$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
Laura LageExecutive Director
Officer
40$63,152$4,203
Donnie StanleyOperations Manager
Officer
40$36,533$0
Tricia SuarezPresident
Trustee or director, Officer
0.3$0$0
Blake LaughtonVice President
Trustee or director, Officer
0.3$0$0
Adam KlotzTreasurer
Trustee or director, Officer
0.3$0$0
Ellen ChambersSecretary
Trustee or director, Officer
0.3$0$0
Heather YoungquistMember
Trustee or director
0.3$0$0
Dominica RehbeinMember
Trustee or director
0.3$0$0
Adam SpiekerMember
Trustee or director
0.3$0$0
Kendra BelskiMember
Trustee or director
0.3$0$0
Terry GeneserMember (Partial Year)
Trustee or director
0.3$0$0

Address and contacts

Address (IRS master file)
2220 9TH ST, CORALVILLE, IA 52241-1567
Principal officer (990 for 2024)
Laura Lage, 2220 9th Street, Coralville, IA 52241
Signed the 990
Laura lage, Executive Director
Phone
(319) 354-7641
Return prepared by
S Stutzel CPA

Mission

The mission of Handicare, Inc. is to provide quality care and education to children in a caring and cost-effective manner. To provide developmentally appropriate activities which help the children achieve school readiness and socialization skills, including early intervention and individual adaptations for children as needed. To be supportive of the family unit with flexible schedules and service coordination. To provide care from infancy to nine years of age, with early (Continued from Part III, Line 1) care and education for infants, toddlers and preschool curriculum for 3 to 5-year olds, and before and after school and full-time care during summer and school breaks.

990 for the year ended December 31, 2024

Program accomplishments

  • Handicare provides childcare to children ages 6 weeks old through third grade. Our three programs begin with an infant-toddler program for children through age 2. Children then move to our preschool curriculum for ages 3-4. We partner with the Iowa City Community School District to offer a free, 3-hour preschool program (four days/week) taught by a licensed teacher, and we also incorporate elements of the curriculum into the rest of our childcare for 3-4-year old's. Our before-and-after school program and summer kids' club serve school-aged children in grades K-3. Handicare serves neurotypical and special needs children, and we prioritize care and education that are developmentally appropriate and inclusive. We welcome under-served populations, including families who receive childcare assistance. We value collaboration among our staff, families, and community partners; connection, embodied in compassionate and understanding care; and creative learning that makes education meaningful and resonant for our children. In 2023 we were able to hire an Operations Manager to strengthen our Administrative Team. We completed the upstairs remodel (installed new flooring throughout, painted rooms, updated offices). We began the first stages of a playground upgrade with plans to complete in 2024. We continued work on obtaining our IQ4K Certificate of Quality from the state of Iowa (this is (Continued from Part III, Line4a) voluntary and reflects the quality of the program). Our playground upgrade was completed in late spring of 2024. We upgraded all aspects of the playground, making a more natural play space. We also included a sandbox area. We also achieved Level One in the IQ4k Certification of Quality programs. This will expire in 2026 at which time we will apply for Level Two.
    Expenses $1,791,280 · revenue $1,825,819

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1193531
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B900)
Assets (IRS master file)
$1,480,382
Income (IRS master file)
$1,959,909

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,959,909$1,988,831$1,480,382XML
990December 2023$1,689,551$1,864,872$1,528,673XML
990December 2022$2,031,641$1,580,096$1,573,410IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 42-1193531).

Questions about HANDICARE INC

What is the EIN of HANDICARE INC?
The employer identification number (EIN) of HANDICARE INC is 42-1193531.
Is HANDICARE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to HANDICARE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HANDICARE 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 HANDICARE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HANDICARE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HANDICARE INC?
The 990 for the year ended December 31, 2024 names Laura Lage.
Who are the officers and directors of HANDICARE INC?
The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization, the highest $61,513 (Laura Lage, Executive Director).
How much revenue does HANDICARE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,959,909, expenses of $1,988,831 and total assets of $1,480,382 at year end.

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