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Nonprofit · EIN 42-1338010

W P AND NELLE MCCLURE SCHOLARSHIP FUND

Tax-exempt · ADEL, IA 50003

Financials

$15K$21K2023$14K$16K2024$16K$17K2025
Revenue Expenses · by fiscal year end
Financials of W P AND NELLE MCCLURE SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$15,505$16,810-$1,305$243,785$0$243,785
December 31, 2024990-EZ$14,237$16,026-$1,789$245,090$0$245,090
December 31, 2023990-EZ$14,614$21,030-$6,416$246,879$0$246,879
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Investment income
$10,202
Net gain from sales of assets
$4,328
Other revenue
$975

Expenses

Grants and similar amounts paid
$9,000
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$6,895
Other expenses
$915
Program services (functional)
$16,810

Balance sheet and other

Total assets, start of year
$245,090
Total assets, end of year
$243,785
Total liabilities, end of year
$0
Net assets, end of year
$243,785
Cash, savings and investments
$7,421
Gross receipts
$15,505

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES E VAN WERDENTRUSTEE0$0
JUSTIN GROSSDIRECTOR0$0
CAM SMITHDIRECTOR0$0
STEVE KASTERDIRECTOR0$0
SHARON DENTLINGERDIRECTOR0$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
JAMES E VAN WERDENTRUSTEE0$0
JUSTIN GROSSDIRECTOR0$0
CAM SMITHDIRECTOR0$0
STEVE KASTERDIRECTOR0$0
SHARON DENTLINGERDIRECTOR0$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JIM VAN WERDENTRUSTEE0$0
JUSTIN GROSSDIRECTOR0$0
CAM SMITHDIRECTOR0$0
STEVE KASTERDIRECTOR0$0
SHARON DENTLINGERDIRECTOR0$0

Address and contacts

Address (IRS master file)
1009 MAIN ST, ADEL, IA 50003-1454
In care of
% JAMES E VAN WERDEN
Signed the 990-EZ
JAMES E VAN WERDEN, TRUSTEE
Phone
(515) 462-4860
Return prepared by
RRM CPA PLLC

Mission

SEE SCHEDULE O

990-EZ for the year ended December 31, 2025

Program accomplishments

  • AWARDED SCHOLARSHIPS TO GRADUATES OF THREE MADISON COUNTY HIGH SCHOOLS TO BE USED FOR TUITION AND BOOKS AT AN INSTITUTION OF HIGHER LEARNING, SUCH AS A COLLEGE OR UNIVERSITY
    Expenses $16,810 · grants $9,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
42-1338010
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
1999
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$243,785
Income (IRS master file)
$15,505

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$15,505$16,810$243,785XML
990-EZDecember 2024$14,237$16,026$245,090IRS
990-EZDecember 2023$14,614$21,030$246,879XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 42-1338010).

Questions about W P AND NELLE MCCLURE SCHOLARSHIP FUND

What is the EIN of W P AND NELLE MCCLURE SCHOLARSHIP FUND?
The employer identification number (EIN) of W P AND NELLE MCCLURE SCHOLARSHIP FUND is 42-1338010.
Is W P AND NELLE MCCLURE SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to W P AND NELLE MCCLURE SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does W P AND NELLE MCCLURE SCHOLARSHIP FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of W P AND NELLE MCCLURE SCHOLARSHIP FUND 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 W P AND NELLE MCCLURE SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of W P AND NELLE MCCLURE SCHOLARSHIP FUND?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does W P AND NELLE MCCLURE SCHOLARSHIP FUND have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $15,505, expenses of $16,810 and total assets of $243,785 at year end.

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