Nonprofit · EIN 42-1217415
WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC
Tax-exempt · BRITT, IA 50423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $81,049 | $56,938 | $24,111 | $1,586,984 | $0 | $1,586,984 |
| June 30, 2024 | 990 | $81,841 | $68,340 | $13,501 | $1,562,873 | $0 | $1,562,873 |
| June 30, 2023 | 990 | $76,107 | $84,476 | -$8,369 | $1,549,372 | $0 | $1,549,372 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,165
- Program service revenue
- $0
- Investment income
- $75,884
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $38,250
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,400
- Program services (functional)
- $56,938
Balance sheet and other
- Total assets, start of year
- $1,562,873
- Total assets, end of year
- $1,586,984
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,586,984
- Net assets without donor restrictions
- $1,571,984
- Net assets with donor restrictions
- $15,000
- Gross receipts
- $81,049
- Employees
- 0
- Year formed
- 1964
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONNY EEKHOFF | DIRECTOR Trustee or director | 1 | $0 |
| LINDA FRIEDOW | DIRECTOR Trustee or director | 1 | $0 |
| DAN PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| DAVE SIEGRIST | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JACKIE ECKELS | DIRECTOR Trustee or director | 1 | $0 |
| DAVE PADDERUD | DIRECTOR Trustee or director | 1 | $0 |
| JANA LOESCHEN | DIRECTOR Trustee or director | 1 | $0 |
| STEVE COUCH | DIRECTOR Trustee or director | 0 | $0 |
| ROGER KJELLBERG | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANA LOESCHEN | DIRECTOR Trustee or director | 1 | $0 |
| DAVE PADDERUD | DIRECTOR Trustee or director | 1 | $0 |
| ROGER KJELLBERG | DIRECTOR Trustee or director | 0 | $0 |
| STEVE COUCH | DIRECTOR Trustee or director | 0 | $0 |
| JACKIE ECKELS | DIRECTOR Trustee or director | 1 | $0 |
| LINDA FRIEDOW | DIRECTOR Trustee or director | 1 | $0 |
| JONNY EEKHOFF | DIRECTOR Trustee or director | 1 | $0 |
| DAN PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| DAVE SIEGRIST | PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANA LOESCHEN | DIRECTOR Trustee or director | 1 | $0 |
| DAVE PADDERUD | DIRECTOR Trustee or director | 1 | $0 |
| ROGER KJELLBERG | DIRECTOR Trustee or director | 0 | $0 |
| STEVE COUCH | DIRECTOR Trustee or director | 0 | $0 |
| JACKIE ECKELS | DIRECTOR Trustee or director | 1 | $0 |
| LINDA FRIEDOW | DIRECTOR Trustee or director | 1 | $0 |
| JONNY EEKHOFF | DIRECTOR Trustee or director | 1 | $0 |
| DAN PETERSON | DIRECTOR Trustee or director | 1 | $0 |
| DAVE SIEGRIST | PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 91, BRITT, IA 50423-0091
- In care of
- % PAUL KUMSHER
- Signed the 990
- PAUL KUMSHER, TREAS
- Phone
- (641) 843-4693
- Return prepared by
- Fort & Schlegel CPA PC
Mission
PROVIDE SCHOLARSHIPS & LOANS TO GRADUATES TO HELP WITH THE INCREASING COSTS OF HIGHER EDUCATION.
Program accomplishments
- SCHOLARSHIPS GIVEN OUT TO GRADUATES TO HELP PAY FOR HIGHER EDUCATION.Expenses $56,938
- FEES PAID TO HANDLE THE MONEY AND PAY BILLS AND TAKE IN REVENUE FOR SCHOLARSHIPS.
- OFFICE SUPPLIES NEEDED FOR MAINTAINING OFFICE AND BOARD MEETINGS AND MAILING SCHOLARSHIPS.
- INVESTMENT FEES AND MISC FEES.
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 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1217415
- 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
- 1989
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,586,984
- Income (IRS master file)
- $81,049
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $81,049 | $56,938 | $1,586,984 | XML |
| 990 | June 2024 | $81,841 | $68,340 | $1,562,873 | XML |
| 990 | June 2023 | $76,107 | $84,476 | $1,549,372 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 42-1217415).
Questions about WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC
- What is the EIN of WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC?
- The employer identification number (EIN) of WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC is 42-1217415.
- Is WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WEST HANCOCK SCHOLARSHIP AND LOAN FUND 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 WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does WEST HANCOCK SCHOLARSHIP AND LOAN FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $81,049, expenses of $56,938 and total assets of $1,586,984 at year end.
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