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Nonprofit · EIN 42-1287250

IOWA MOTOR CARRIERS FOUNDATION

Tax-exempt · DES MOINES, IA 50309

Financials

$1.3M$189K2023$1.1M$328K2024
Revenue Expenses · by fiscal year end
Financials of IOWA MOTOR CARRIERS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,111,268$327,537$783,731$7,908,715$358,123$7,550,592
September 30, 2024990$1,343,767$189,154$1,154,613$6,903,773$267,604$6,636,169
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$885,237
Program service revenue
$0
Investment income
$225,519
Net rental income
$12
Net gain from sales of assets
$166,220
Other revenue
$512

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,644
Depreciation
$107,622
Program services (functional)
$199,179
Management and general (functional)
$128,358

Balance sheet and other

Total assets, start of year
$6,903,773
Total assets, end of year
$7,908,715
Total liabilities, end of year
$358,123
Net assets, end of year
$7,550,592
Land, buildings and equipment
$3,530,574
Publicly traded securities
$2,787,022
Net assets without donor restrictions
$5,299,886
Net assets with donor restrictions
$2,250,706
Gross receipts
$2,933,023
Employees
0
Volunteers
25
Year formed
1986
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRAD KOHLWESDirector
Trustee or director
1$0
JUSTIN PHILIPPDirector
Trustee or director
1$0
JACK SAWYERDirector
Trustee or director
1$0
ADRIAN DICKEYDirector
Trustee or director
1$0
STEVE SCHUSTERChairman
Trustee or director, Officer
1$0
DAVE VAN WYKDirector
Trustee or director
1$0
DELWIN VAN WYKDirector
Trustee or director
1$0
JACKIE JOHNSRUDDirector
Trustee or director
1$0
JEFF WANGSNESSDirector
Trustee or director
1$0
990 for the year ended September 30, 2024: 9 people
NameTitleHours / weekCompensation
BRAD KOHLWESDirector
Trustee or director
1$0
JUSTIN PHILIPPDirector
Trustee or director
1$0
JACK SAWYERDirector
Trustee or director
1$0
ADRIAN DICKEYDirector
Trustee or director
1$0
STEVE SCHUSTERChairman
Trustee or director, Officer
1$0
DAVE VAN WYKDirector
Trustee or director
1$0
DELWIN VAN WYKDirector
Trustee or director
1$0
JACKIE JOHNSRUDDirector
Trustee or director
1$0
JEFF WANGSNESSDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
717 EAST COURT AVE, DES MOINES, IA 50309-4934
In care of
% BRENDA NEVILLE
Mailing address (990-N for 2011)
717 EAST COURT AVE, DES MOINES IA 50309
Principal officer (990-N for 2011)
BRENDA NEVILLE, 717 EAST COURT AVE, DES MOINES IA 50309
Signed the 990
STEVE SCHUSTER, Chairman
Phone
(515) 244-5193
Return prepared by
TARBELL & CO PLC

Mission

TO ENGAGE EXCLUSIVELY IN CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. THIS IS ACCOMPLISHED BY THE PRESENTATION OF LECTURES, SEMINARS, DISCUSSIONS, AND SIMILAR ENDEAVORS RELATING TO THE TRANSPORTATION INDUSTRY; CONDUCT TECHNICAL STUDIES, EITHER DIRECTLY OR BY GRANT, AND TO PROVIDE FOR THE PUBLICATION THEREOF; GRANT SCHOLARSHIPS TO INDIVIDUALS; AND TESTING IN SCIENTIFIC RESEARCH IN THE PUBLIC INTEREST.

990 for the year ended September 30, 2025

Program accomplishments

  • CHARITABLE USE OF FACILITIES AND GRANTING OF SCHOLARSHIPS TO COLLEGE STUDENTS.
    Expenses $199,179

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
42-1287250
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
1987
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,908,715
Income (IRS master file)
$2,933,023

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,111,268$327,537$7,908,715XML
990September 2024$1,343,767$189,154$6,903,773XML
990September 2023$239,659$162,377$5,039,072IRS
990September 2022–––IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS
990-N for 2011
Officer: BRENDA NEVILLE
September 30, 2012≤ $50,000 receipts––e-Postcard

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 42-1287250).

Questions about IOWA MOTOR CARRIERS FOUNDATION

What is the EIN of IOWA MOTOR CARRIERS FOUNDATION?
The employer identification number (EIN) of IOWA MOTOR CARRIERS FOUNDATION is 42-1287250.
Is IOWA MOTOR CARRIERS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to IOWA MOTOR CARRIERS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IOWA MOTOR CARRIERS FOUNDATION 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 IOWA MOTOR CARRIERS FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA MOTOR CARRIERS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of IOWA MOTOR CARRIERS FOUNDATION?
The 990-N for 2011 names BRENDA NEVILLE.
Who are the officers and directors of IOWA MOTOR CARRIERS FOUNDATION?
The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does IOWA MOTOR CARRIERS FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,111,268, expenses of $327,537 and total assets of $7,908,715 at year end.

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