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Nonprofit · EIN 42-1226257

MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION

Tax-exempt · ALGONA, IA 50511

Financials

$91K$92K2023$90K$77K2024$98K$110K2025
Revenue Expenses · by fiscal year end
Financials of MOVILLE ELDERLY HOUSING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$97,543$110,339-$12,796$130,070$358,389-$228,319
December 31, 2024990-EZ$90,416$77,075$13,341$158,232$373,755-$215,523
December 31, 2023990-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.

NameTitleHours / weekCompensation
Derl PeterseonPresident0$0
Russ WalkerVice President0$0
Susan ChapmanSecretary/Treasurer0$0
990-EZ for the year ended December 31, 2024: 4 people
NameTitleHours / weekCompensation
Derl PeterseonPresident0$0
Russ WalkerVice President0$0
Susan ChapmanSecretary0$0
Donna RoeschkeTreasurer0$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
Derl PeterseonPresident0$0
Russ WalkerVice President0$0
Susan ChapmanSecretary0$0
Donna RoeschkeTreasurer0$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.

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 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 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

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
Assets (IRS master file)
$130,070
Income (IRS master file)
$97,543

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$97,543$110,339$130,070IRS
990-EZDecember 2024$90,416$77,075$158,232IRS
990-EZDecember 2023$90,976$91,738$158,268IRS
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 42-1226257).

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.

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