Nonprofit · EIN 42-1298086
POWESHIEK AREA HOUSING INC
Tax-exempt · GRINNELL, IA 50112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $440,935 | $444,914 | -$3,979 | $1,384,480 | $1,617,952 | -$233,472 |
| December 31, 2024 | 990 | $510,691 | $473,794 | $36,897 | $1,438,055 | $1,667,548 | -$229,493 |
| December 31, 2023 | 990 | $702,143 | $521,581 | $180,562 | $1,466,557 | $1,732,947 | -$266,390 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $437,038
- Investment income
- $3,897
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $10,241
- Salaries, compensation and benefits (total)
- $11,056
- Professional fundraising fees
- $0
- Legal fees
- $153
- Accounting fees
- $14,165
- Occupancy
- $176,317
- Depreciation
- $55,263
- Program services (functional)
- $373,522
- Management and general (functional)
- $71,392
Balance sheet and other
- Total assets, start of year
- $1,438,055
- Total assets, end of year
- $1,384,480
- Total liabilities, end of year
- $1,617,952
- Net assets, end of year
- -$233,472
- Land, buildings and equipment
- $554,649
- Net assets without donor restrictions
- -$233,472
- Gross receipts
- $440,935
- Employees
- 0
- Volunteers
- 6
- Year formed
- 1987
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONALD K BRYAN | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| DOUGLAS CAMERON | VICE PRESIDE Trustee or director, Officer | 0.25 | $0 |
| DORIS L HOTCHKIN | SECRETARY/TR Trustee or director, Officer | 0.25 | $0 |
| PAUL KOLPIN | DIRECTOR Trustee or director | 0.25 | $0 |
| CHRIS NOLTE | DIRECTOR Trustee or director | 0.25 | $0 |
| BETTY LUDDEN | DIRECTOR Trustee or director | 0.25 | $0 |
| FRANK SHULTS LEFT IN 2025 | VICE PRESIDE Trustee or director, Officer | – | $0 |
| KATE SLATER LEFT 2025 | SECRETARY/TR Trustee or director, Officer | – | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS CAMERON | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| FRANK SHULTS | VICE PRESIDE Trustee or director, Officer | 0.25 | $0 |
| KATE SLATER | SECRETARTY/T Trustee or director, Officer | 0.25 | $0 |
| DORIS L HOTCHKIN | DIRECTOR Trustee or director | 0.25 | $0 |
| BETTY LUDDEN | DIRECTOR Trustee or director | 0.25 | $0 |
| PAUL KOLPIN | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK SHULTS | VICE PRESIDE Trustee or director, Officer | 0.25 | $0 |
| PAUL KOLPIN | DIRECTOR Trustee or director | 0.25 | $0 |
| ROBERT G ANDERSON LEFT 2023 | PRIOR SECT/T Trustee or director, Officer | 0 | $0 |
| DORIS L HOTCHKIN | DIRECTOR Trustee or director | 0.25 | $0 |
| DOUGLAS CAMERON | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| BETTY LUDDEN | DIRECTOR Trustee or director | 0.25 | $0 |
| KATE SLATER JOINED 2023 | SECRETARTY/T Trustee or director, Officer | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 214 4TH AVE WEST, GRINNELL, IA 50112-1871
- Principal officer (990 for 2025)
- RONALD K BRYAN, 1505 WEST STREET, GRINNELL, IA 50112
- Signed the 990
- RONALD K BRYAN, PRESIDENT
- Phone
- (563) 432-6160
- Return prepared by
- FORGE FINANCIAL & MANAGEMENT CONSULTING
Mission
PROVIDE HOUSING FOR SENIOR CITIZENS AND MENTALLY HANDICAPPED.
Program accomplishments
- PROVIDE RENTAL HOUSING FOR 9 MENTALLY HANDICAPPED APARTMENTS AND 51 ELDERLY APARTMENTS THROUGH FEDERALLY SUBSIDIZED LOANS AND RENTAL ASSISTANCE. ORGANIZATION ACHIEVED 66% OCCUPANCY.Expenses $373,522 · revenue $437,038
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1298086
- 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
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,384,480
- Income (IRS master file)
- $440,935
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $440,935 | $444,914 | $1,384,480 | IRS |
| 990 | December 2024 | $510,691 | $473,794 | $1,438,055 | XML |
| 990 | December 2023 | $702,143 | $521,581 | $1,466,557 | XML |
| 990 | December 2022 | $531,663 | $497,898 | $1,360,090 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 42-1298086).
Questions about POWESHIEK AREA HOUSING INC
- What is the EIN of POWESHIEK AREA HOUSING INC?
- The employer identification number (EIN) of POWESHIEK AREA HOUSING INC is 42-1298086.
- Is POWESHIEK AREA HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to POWESHIEK AREA HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POWESHIEK AREA HOUSING 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 POWESHIEK AREA HOUSING INC 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 POWESHIEK AREA HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of POWESHIEK AREA HOUSING INC?
- The 990 for the year ended December 31, 2025 names RONALD K BRYAN.
- Who are the officers and directors of POWESHIEK AREA HOUSING INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does POWESHIEK AREA HOUSING INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $440,935, expenses of $444,914 and total assets of $1,384,480 at year end.
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