Nonprofit · EIN 42-1329115
MCLEOD CHARITABLE FOUNDATION INC
Tax-exempt · MARION, IA 52302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $83,805 | $174,141 | -$90,336 | $2,021,658 | $0 | $2,021,658 |
| December 31, 2024 | 990-PF | $708,405 | $109,814 | $598,591 | $2,111,994 | $0 | $2,111,994 |
| December 31, 2023 | 990-PF | -$2,060 | $34,846 | -$36,906 | $1,513,403 | $0 | $1,513,403 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $24,416
- Dividends
- $58,083
- Net gain from sales of assets
- $1,306
Expenses
- Grants and similar amounts paid
- $154,000
- Disbursements for charitable purposes
- $154,000
- Excise tax on investment income
- $550
Balance sheet and other
- Total assets, start of year
- $2,111,994
- Total assets, end of year
- $2,021,658
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,021,658
- Fair market value of assets
- $3,993,311
- Qualifying distributions
- $154,000
- Net investment income
- $59,389
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 |
|---|---|---|---|
| CLARK E MCLEOD 4970 LAKESIDE ROAD, MARION, IA 52302 | President | 1 | $0 |
| MARY E MCLEOD 4970 LAKESIDE ROAD, MARION, IA 52302 | Director | 1 | $0 |
| STEVE KNAPP 4970 LAKESIDE ROAD, MARION, IA 52302 | Treasurer | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARK E MCLEOD 4970 LAKESIDE ROAD, MARION, IA 52302 | President | 1 | $0 |
| MARY E MCLEOD 4970 LAKESIDE ROAD, MARION, IA 52302 | Director | 1 | $0 |
| STEVE KNAPP 4970 LAKESIDE ROAD, MARION, IA 52302 | Treasurer | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CLARK E MCLEOD 4970 LAKESIDE ROAD, MARION, IA 52302 | President | 1 | $0 |
| MARY E MCLEOD 4970 LAKESIDE ROAD, MARION, IA 52302 | Treasurer | 1 | $0 |
| STEVE KNAPP 4970 LAKESIDE ROAD, MARION, IA 52302 | Foundation Mgr. | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4970 LAKESIDE RD, MARION, IA 52302-9406
- Signed the 990-PF
- STEVE KNAPP, Foundation Mgr.
- Phone
- (319) 533-3330
- Return prepared by
- Bradley & Riley 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 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
- 42-1329115
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,021,658
- Income (IRS master file)
- $83,805
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $83,805 | $174,141 | $2,021,658 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | $708,405 | $109,814 | $2,111,994 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | -$2,060 | $34,846 | $1,513,403 | XML |
| 990-T | December 2023 | – | – | – | 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 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 42-1329115).
Questions about MCLEOD CHARITABLE FOUNDATION INC
- What is the EIN of MCLEOD CHARITABLE FOUNDATION INC?
- The employer identification number (EIN) of MCLEOD CHARITABLE FOUNDATION INC is 42-1329115.
- Is MCLEOD CHARITABLE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to MCLEOD CHARITABLE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does MCLEOD CHARITABLE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of MCLEOD CHARITABLE FOUNDATION 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 MCLEOD CHARITABLE FOUNDATION INC 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 MCLEOD CHARITABLE FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MCLEOD CHARITABLE FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $83,805, expenses of $174,141 and total assets of $2,021,658 at year end.
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