Nonprofit · EIN 42-1301198
LOUIS J ELBERT TRUST
Tax-exempt · ALGONA, IA 50511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $5,179 | $9,702 | -$4,523 | $216,291 | $0 | $216,291 |
| December 31, 2024 | 990-PF | $5,252 | $8,766 | -$3,514 | $220,814 | $0 | $220,814 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $7,193
- Interest
- $6
- Net gain from sales of assets
- -$2,020
Expenses
- Grants and similar amounts paid
- $7,600
- Disbursements for charitable purposes
- $9,098
- Excise tax on investment income
- $93
Balance sheet and other
- Total assets, start of year
- $220,814
- Total assets, end of year
- $216,291
- Total liabilities, end of year
- $0
- Net assets, end of year
- $216,291
- Fair market value of assets
- $187,918
- Qualifying distributions
- $9,098
- Net investment income
- $7,199
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-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IOWA STATE BANK 5 E CALL ST, ALGONA, IA 50511 | Trustee | 1.15 | $0 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| IOWA STATE BANK 5 E CALL ST, ALGONA, IA 50511 | Trustee | 1.15 | $0 |
Address and contacts
- Address (IRS master file)
- 5 E CALL ST, ALGONA, IA 50511-2402
- Signed the 990-PF
- IOWA STATE BANK, Trustee
- Phone
- (515) 295-3595
- Return prepared by
- Buchanan Bibler Gabor Meis
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 42-1301198
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $216,291
- Income (IRS master file)
- $17,699
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $4,239 | $9,764 | $224,328 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about LOUIS J ELBERT TRUST
- What is the EIN of LOUIS J ELBERT TRUST?
- The employer identification number (EIN) of LOUIS J ELBERT TRUST is 42-1301198.
- Is LOUIS J ELBERT TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to LOUIS J ELBERT TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LOUIS J ELBERT TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOUIS J ELBERT TRUST 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 LOUIS J ELBERT TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of LOUIS J ELBERT TRUST?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does LOUIS J ELBERT TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $5,179, expenses of $9,702 and total assets of $216,291 at year end.
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