Nonprofit · EIN 42-1338090
HISTORIC VALLEY JUNCTION FOUNDATION
Tax-exempt · WDM, IA 50265
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $319,319 | $361,012 | -$41,693 | $318,415 | $19,560 | $298,855 |
| December 31, 2024 | 990 | $564,967 | $551,117 | $13,850 | $364,117 | $23,569 | $340,548 |
| December 31, 2023 | 990 | $502,155 | $558,379 | -$56,224 | $344,064 | $17,367 | $326,697 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $170,793
- of which government grants
- $75,000
- Program service revenue
- $45,610
- Investment income
- $8,613
- Net income from fundraising events
- $94,303
- Other revenue
- $94,303
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $79,474
- Other salaries and wages
- $83,819
- Salaries, compensation and benefits (total)
- $186,684
- Professional fundraising fees
- $0
- Legal fees
- $2,578
- Accounting fees
- $8,780
- Occupancy
- $2,906
- Travel
- $5,095
- Depreciation
- $2,864
- Program services (functional)
- $249,320
- Management and general (functional)
- $111,692
Balance sheet and other
- Total assets, start of year
- $364,117
- Total assets, end of year
- $318,415
- Total liabilities, end of year
- $19,560
- Net assets, end of year
- $298,855
- Land, buildings and equipment
- $7,920
- Net assets without donor restrictions
- $298,855
- Gross receipts
- $489,528
- Employees
- 4
- Volunteers
- 190
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE FREVERT | EXECUTIVE DIRECTOR Key employee | 40 | $79,473 | $2,276 |
| JASON KEIGLEY | PRESIDENT Trustee or director, Officer | 1.5 | $0 | $0 |
| CHLOE BRATVOLD | VICE PRESIDENT Trustee or director, Officer | 1.5 | $0 | $0 |
| STEPHANIE TRANNEL | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| MITCHELL CALLAHAN | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| RYAN COOPER | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| FELICIA COE | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| MEREDITH WELLS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| SUSAN WATTS | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| DR VICKY LONG HILL | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| SAVANNAH MINNICK | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| VAL VEIOCK | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
| TREVOR JORDISON | DIRECTOR Trustee or director | 1.5 | $0 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| STEVE FREVERT | Executive Director Officer | 40 | $73,300 | $2,199 |
| FELICIA COE | President Trustee or director, Officer | 1.5 | $0 | $0 |
| JASON KEIGLEY | Vice President Trustee or director, Officer | 1.5 | $0 | $0 |
| STEPHANIE TRANNEL | Treasurer Trustee or director, Officer | 1.5 | $0 | $0 |
| CHLOE BRATVOLD | Secretary Trustee or director, Officer | 1.5 | $0 | $0 |
| MITCHELL CALLAHAN | Director Trustee or director | 1.5 | $0 | $0 |
| CLAIRE CELSI | Director Trustee or director | 1.5 | $0 | $0 |
| RYAN COOPER | Director Trustee or director | 1.5 | $0 | $0 |
| TOM FLORIAN | Director Trustee or director | 1.5 | $0 | $0 |
| TREVOR JORDISON | Director Trustee or director | 1.5 | $0 | $0 |
| VICKIE L HILL | Director Trustee or director | 1.5 | $0 | $0 |
| SAVANNAH MINNICK | Director Trustee or director | 1.5 | $0 | $0 |
| SUSAN WATTS | Director Trustee or director | 1.5 | $0 | $0 |
| MEREDITH WELLS | Director Trustee or director | 1.5 | $0 | $0 |
| RENEE HARDMAN | Director Trustee or director | 1.5 | $0 | $0 |
| BRAD MUNFORD | Director Trustee or director | 1.5 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEVE FREVERT | EXECUTIVE DI Officer | 40 | $69,950 |
| STEPH TRANNEL | PRESIDENT Trustee or director, Officer | 1.5 | $0 |
| FELICIA COE | VICE PRESIDE Trustee or director, Officer | 1.5 | $0 |
| CHLOE BRATVOLD | SECRETARY Trustee or director, Officer | 1.5 | $0 |
| JASON KEIGLEY | TREASURER Trustee or director, Officer | 1.5 | $0 |
| MITCHELL CALLAHAN | BOARD DIRECT Trustee or director | 1.5 | $0 |
| CLAIRE CELSI | BOARD DIRECT Trustee or director | 1.5 | $0 |
| RYAN COOPER | BOARD DIRECT Trustee or director | 1.5 | $0 |
| TOM FLORIAN | BOARD DIRECT Trustee or director | 1.5 | $0 |
| TREVOR JORDISON | BOARD DIRECT Trustee or director | 1.5 | $0 |
| VICKY LONG HILL | BOARD DIRECT Trustee or director | 1.5 | $0 |
| SAVANNAH MINNICK | BOARD DIRECT Trustee or director | 1.5 | $0 |
| SUSAN WATTS | BOARD DIRECT Trustee or director | 1.5 | $0 |
| RENEE HARDMAN | BOARD DIRECT Trustee or director | 1.5 | $0 |
Address and contacts
- Address (IRS master file)
- 137 5TH ST, WDM, IA 50265-4717
- In care of
- % JASON KEIGLEY
- Principal officer (990 for 2025)
- JASON KEIGLEY, 137 5TH ST, WEST DES MOINES, IA 50265
- Signed the 990
- JASON KEIGLEY, PRESIDENT
- Phone
- (515) 222-3642
- Website
- WWW.VALLEYJUNCTION.COM
- Return prepared by
- Desmond CPA PLC
Mission
TO INSPIRE AND ENHANCE THE EVOLUTION OF THE ORIGINAL HISTORIC VALLEY JUNCTION DISTRICT BY PRESERVING AND SHARING THE HISTORY, ATTRACTING AND SUPPORTING SMALL BUSINESSES AND ENGAGING AND CONNECTING THE COMMUNITY
Program accomplishments
- THE ORGANIZATION HOSTS SPECIAL EVENTS THROUGHOUT THE YEAR TO PROMOTE AND REVITALIZE THE HISTORIC VALLEY JUNCTION AREA OF WEST DES MOINES IA. SOME OF THESE EVENTS INCLUDE MUSIC IN THE JUNCTION, FARMERS MARKET, JINGLE IN THE JUNCTION, ALL IOWA BASH, CINCO DE MAYO, VINTAGE IN THE VALLEY AND ARTS FESTIVAL. MANY OF THESE VENUES PROVIDE FAMILY FRIENDLY ACTIVITIES TO ENHANCE COMMUNITY INVOLVEMENT AND TO SHOWCASE THE HISTORIC ARCHITECTURE OF THE COMMUNITY.Expenses $249,320 · revenue $316,944
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 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1338090
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30Z)
- Assets (IRS master file)
- $318,415
- Income (IRS master file)
- $489,528
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $319,319 | $361,012 | $318,415 | XML |
| 990 | December 2024 | $564,967 | $551,117 | $364,117 | IRS |
| 990 | December 2023 | $502,155 | $558,379 | $344,064 | XML |
| 990 | December 2022 | $466,216 | $448,771 | $398,381 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 42-1338090).
Questions about HISTORIC VALLEY JUNCTION FOUNDATION
- What is the EIN of HISTORIC VALLEY JUNCTION FOUNDATION?
- The employer identification number (EIN) of HISTORIC VALLEY JUNCTION FOUNDATION is 42-1338090.
- Is HISTORIC VALLEY JUNCTION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to HISTORIC VALLEY JUNCTION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HISTORIC VALLEY JUNCTION 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 HISTORIC VALLEY JUNCTION 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 HISTORIC VALLEY JUNCTION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of HISTORIC VALLEY JUNCTION FOUNDATION?
- The 990 for the year ended December 31, 2025 names JASON KEIGLEY.
- Who are the officers and directors of HISTORIC VALLEY JUNCTION FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $79,473 (STEVE FREVERT, EXECUTIVE DIRECTOR).
- How much revenue does HISTORIC VALLEY JUNCTION FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $319,319, expenses of $361,012 and total assets of $318,415 at year end.
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