Nonprofit · EIN 42-1305677
IOWA COOPERATIVE FOUNDATION
Tax-exempt · AMES, IA 50010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 990 | $56,190 | $35,000 | $21,190 | $495,396 | $30,000 | $465,396 |
| May 31, 2025 | 990 | $55,222 | $72,500 | -$17,278 | $472,724 | $40,000 | $432,724 |
| May 31, 2024 | 990 | $59,364 | $32,518 | $26,846 | $524,598 | $0 | $524,598 |
Financial details: 990 for the year ended May 31, 2026
Revenue
- Contributions, gifts and grants
- $32,450
- Membership dues
- $17,450
- Program service revenue
- $0
- Investment income
- $23,740
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $35,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $35,000
Balance sheet and other
- Total assets, start of year
- $472,724
- Total assets, end of year
- $495,396
- Total liabilities, end of year
- $30,000
- Net assets, end of year
- $465,396
- Net assets without donor restrictions
- $465,396
- Gross receipts
- $56,190
- Employees
- 0
- Volunteers
- 0
- 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 May 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR BOBBY MARTENS | STAFF LIAISON Officer | 0.2 | $0 | $291,292 | $33,029 |
| BRIAN LARSEN | DIRECTOR Trustee or director | 0.2 | $0 | $1,200 | $0 |
| TAYLOR JANS | PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| JASON BERKLAND | VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| WIL MANWEILER | SECRETARY Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| COZY NELSEN | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| GREG HANSHAW | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
990 for the year ended May 31, 2025: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVE HOLM | STAFF LIAISON (FORMER) Former | 0.2 | $0 | $275,316 | $30,997 |
| BRIAN LARSEN | DIRECTOR Trustee or director | 0.2 | $0 | $1,800 | $0 |
| TAYLOR JANS | PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| JASON BERKLAND | VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| WIL MANWEILER | SECRETARY Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BRIAN THILGES | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| COZY NELSEN | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| GREG HANSHAW | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| DR BOBBY MARTENS | STAFF LIAISON (CURRENT) Officer | 0.2 | $0 | $0 | $0 |
990 for the year ended May 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REUBEN SKOW | PRESIDENT Trustee or director, Officer | 0.02 | $0 |
| MARCUS WILHELM | VICE PRESIDENT Trustee or director, Officer | 0.02 | $0 |
| JASON BERKLAND | SECRETARY Trustee or director, Officer | 0.02 | $0 |
| WIL MANWEILER | DIRECTOR Trustee or director | 0.02 | $0 |
| KENNY VANDENBERG | DIRECTOR Trustee or director | 0.02 | $0 |
| BRIAN THILGES | DIRECTOR Trustee or director | 0.02 | $0 |
| BRIAN LARSEN | DIRECTOR Trustee or director | 0.02 | $0 |
| DR BOBBY MARTENS | DIRECTOR Trustee or director | 0.02 | $0 |
| GREG HANSHAW | DIRECTOR Trustee or director | 0.02 | $0 |
| DAVE HOLM | STAFF LIAISON Officer | 0.02 | $0 |
Address and contacts
- Address (IRS master file)
- 2515 UNIVERSITY BLVD STE 104, AMES, IA 50010-8628
- Principal officer (990 for 2025)
- DR BOBBY MARTENS, 2515 UNIVERSITY BLVD 104, AMES, IA 50010
- Signed the 990
- DR BOBBY MARTENS, STAFF LIAISON
- Phone
- (515) 292-2667
- Return prepared by
- GARDINER COMPANY PC
Mission
THE IOWA COOPERATIVE FOUNDATION IS ORGANIZED FOR CHARITABLE, SCIENTIFIC AND EDUCATION PURPOSES. THE FOUNDATION IS ORGANIZED, AND WILL BE OPERATED BY, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE CHARITABLE PURPOSE OF THE IOWA INSTITUTE FOR COOPERATIVES, AN IOWA NONPROFIT CORPORATION.
Program accomplishments
- PRIORITY FOR WORK CONDUCTED BY OR SUPPORTED BY THE FOUNDATION SHALL BE GIVEN TO RURAL COOPERATIVE DEVELOPMENT WITH EMPHASIS ON NEW OR YOUNG COMPANIES. ACTIVITIES MAY INCLUDE RESEARCH AND EDUCATION ABOUT RURAL NEEDS, ASSISTANCE IN CREATING COOPERATIVES WHEN APPROPRIATE AND TRAINING PROGRAMS FOR MANAGEMENT AND DIRECTORS. PRIORTY WILL ALSO BE GIVEN TO PROVIDNG YOUTH SCHOLARSHIPS TO YOUTHS LIVING IN RURAL COMMUNITIES.DONATED SERVICES, VALUED AT $1,798, WERE PROVIDED BY THE IOWA INSTITUTE FOR COOPERATIVES DURING THE 2025 TAX YEAR.Expenses $35,000 · grants $35,000
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | 990 on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1305677
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1989
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $495,396
- Income (IRS master file)
- $56,190
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2026 | $56,190 | $35,000 | $495,396 | XML |
| 990 | May 2025 | $55,222 | $72,500 | $472,724 | XML |
| 990 | May 2024 | $59,364 | $32,518 | $524,598 | XML |
| 990 | May 2023 | $57,971 | $27,484 | $475,185 | IRS |
| 990 | May 2022 | – | – | – | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2019 | – | – | – | 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 42-1305677).
Questions about IOWA COOPERATIVE FOUNDATION
- What is the EIN of IOWA COOPERATIVE FOUNDATION?
- The employer identification number (EIN) of IOWA COOPERATIVE FOUNDATION is 42-1305677.
- Is IOWA COOPERATIVE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to IOWA COOPERATIVE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does IOWA COOPERATIVE 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 COOPERATIVE FOUNDATION due?
- The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IOWA COOPERATIVE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2026.
- Who is the principal officer of IOWA COOPERATIVE FOUNDATION?
- The 990 for the year ended May 31, 2026 names DR BOBBY MARTENS.
- Who are the officers and directors of IOWA COOPERATIVE FOUNDATION?
- The 990 for the year ended May 31, 2026 lists 7 people; 0 received compensation from the organization.
- How much revenue does IOWA COOPERATIVE FOUNDATION have?
- On its 990 for the year ended May 31, 2026 it reported revenue of $56,190, expenses of $35,000 and total assets of $495,396 at year end.
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