Nonprofit · EIN 42-1226257
MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION
Tax-exempt · ALGONA, IA 50511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $97,543 | $110,339 | -$12,796 | $130,070 | $358,389 | -$228,319 |
| December 31, 2024 | 990-EZ | $90,416 | $77,075 | $13,341 | $158,232 | $373,755 | -$215,523 |
| December 31, 2023 | 990-EZ | $90,976 | $91,738 | -$762 | $158,268 | $387,132 | -$228,864 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $96,163
- Investment income
- $0
- Other revenue
- $1,380
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $17,544
- Occupancy
- $58,150
- Other expenses
- $34,645
- Program services (functional)
- $110,339
Balance sheet and other
- Total assets, start of year
- $158,232
- Total assets, end of year
- $130,070
- Total liabilities, end of year
- $358,389
- Net assets, end of year
- -$228,319
- Cash, savings and investments
- $72,138
- Land and buildings
- $57,932
- Gross receipts
- $97,543
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 |
|---|---|---|---|
| Derl Peterseon | President | 0 | $0 |
| Russ Walker | Vice President | 0 | $0 |
| Susan Chapman | Secretary/Treasurer | 0 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Derl Peterseon | President | 0 | $0 |
| Russ Walker | Vice President | 0 | $0 |
| Susan Chapman | Secretary | 0 | $0 |
| Donna Roeschke | Treasurer | 0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Derl Peterseon | President | 0 | $0 |
| Russ Walker | Vice President | 0 | $0 |
| Susan Chapman | Secretary | 0 | $0 |
| Donna Roeschke | Treasurer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 476, ALGONA, IA 50511-0476
- Signed the 990-EZ
- Derl Peterson, President
- Phone
- (515) 295-2927
- Return prepared by
- Murphy Enterprises Inc
Mission
To provide low rent housing in Moville, 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 20 families to find safe and affordable housing in Moville.Expenses $110,339
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
- 42-1226257
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible (Pub 78)
- Organization other than a public charity or private foundation
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $130,070
- Income (IRS master file)
- $97,543
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $97,543 | $110,339 | $130,070 | IRS |
| 990-EZ | December 2024 | $90,416 | $77,075 | $158,232 | IRS |
| 990-EZ | December 2023 | $90,976 | $91,738 | $158,268 | IRS |
| 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 42-1226257).
Questions about MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION
- What is the EIN of MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION is 42-1226257.
- Is MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1991.
- Are donations to MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
- Which annual return does MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION 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 MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION 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 MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION 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 MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $97,543, expenses of $110,339 and total assets of $130,070 at year end.
Other nonprofits in ALGONA
- SIOUX RAPIDS RETIREMENT HOMES EIN 42-1082319 · last filed 990-EZ for 2025
- BADGER DEVELOPMENT CORPORATION EIN 42-1146849 · last filed 990-EZ for 2025
- DUNLAP HOUSING AND DEVELOPMENT CORP EIN 23-7124785 · last filed 990-EZ for 2025
- AURELIA HOUSING CORPORATION EIN 42-1383593 · last filed 990-N for 2025
- BOONE COUNTY OPPORTUNITY PROGRAMS INC EIN 42-1505123 · last filed 990-N for 2024
- WRIGHT COUNTY HOUSING INC EIN 42-1509495 · last filed 990-N for 2025
- NEW MARKET HOUSING PROJECT INC EIN 42-1414313 · last filed 990-N for 2025
- GRAND RIVER HOUSING CORP EIN 42-0364254 · last filed 990-N for 2025