Skip to main content

Nonprofit · EIN 42-1301973

ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION

Tax-exempt · CRESCO, IA 52136

Financials

$7K$4K2023$8K$4K2024$10K$4K2025
Revenue Expenses · by fiscal year end
Financials of ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$9,823$4,410$5,413$189,969$0$189,969
December 31, 2024990-PF$8,089$4,375$3,714$174,222$0$174,222
December 31, 2023990-PF$7,128$4,268$2,860$154,698$0$154,698
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$4,000
Dividends
$5,225
Interest
$97
Net gain from sales of assets
$392
Other income
$109

Expenses

Grants and similar amounts paid
$4,000
Disbursements for charitable purposes
$4,000
Excise tax on investment income
$75

Balance sheet and other

Total assets, start of year
$174,222
Total assets, end of year
$189,969
Total liabilities, end of year
$0
Net assets, end of year
$189,969
Fair market value of assets
$189,969
Qualifying distributions
$4,000
Net investment income
$5,823

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.

NameTitleHours / weekCompensation
JOHN HOINES
753 N ELM STREET, CRESCO, IA 52136
TRUSTEE1$0
PAUL HOINES
11979 WILLOW AVE, CRESCO, IA 52136
TRUSTEE1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
JOHN HOINES
22515 LAKEVIEW ROAD, MADISON LAKE, MN 56063
TRUSTEE0$0
SONJA LIVELY
334 HUTCHINSON, IOWA CITY, IA 52246
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JOHN HOINES
22515 LAKEVIEW ROAD, MADISON LAKE, MN 56063
TRUSTEE0$0
SONJA LIVELY
334 HUTCHINSON, IOWA CITY, IA 52246
TRUSTEE0$0

Address and contacts

Address (IRS master file)
753 N ELM ST, CRESCO, IA 52136-1163
In care of
% JOHN HOINES
Signed the 990-PF
JOHN HOINES, TRUSTEE
Phone
(507) 340-6320
Return prepared by
HACKER NELSON & CO PC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
42-1301973
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)
$189,969
Income (IRS master file)
$9,823

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$9,823$4,410$189,969IRS
990-PFDecember 2024$8,089$4,375$174,222IRS
990-PFDecember 2023$7,128$4,268$154,698XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 42-1301973).

Questions about ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION

What is the EIN of ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION?
The employer identification number (EIN) of ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION is 42-1301973.
Is ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION 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 ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION 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 ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does ELDER G HOINES MEMORIAL SCHOLARSHIP FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $9,823, expenses of $4,410 and total assets of $189,969 at year end.

Other nonprofits in CRESCO

All nonprofits in CRESCO · Iowa