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Nonprofit · EIN 42-1338550

MIDAMERICAN ENERGY FOUNDATION

Tax-exempt · DES MOINES, IA 50306

Financials

$25.8M$2.4M2023$1.7M$5.8M2024
Revenue Expenses · by fiscal year end
Financials of MIDAMERICAN ENERGY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,666,139$5,795,057-$4,128,918$40,183,539$5,341,666$34,841,873
December 31, 2023990-PF$25,762,887$2,396,251$23,366,636$40,201,994$5,933,334$34,268,660
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$866,926
Net gain from sales of assets
$799,213

Expenses

Grants and similar amounts paid
$5,630,757
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$6,232,424
Excise tax on investment income
$23,159

Balance sheet and other

Total assets, start of year
$40,201,994
Total assets, end of year
$40,183,539
Total liabilities, end of year
$5,341,666
Net assets, end of year
$34,841,873
Fair market value of assets
$40,183,539
Qualifying distributions
$6,232,424
Net investment income
$1,666,139

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
AIMEE S ROONEY
PO Box 657 DML 4, Des Moines, IA 50309
TREASURER1$0
KELCEY A BROWN
PO Box 657 DML 4, Des Moines, IA 50309
PRESIDENT/DIRECTOR1$0
MARK D LOWE
PO Box 657 DML 4, DES MOINES, IA 50309
VICE PRESIDENT1$0
GRETCHEN W KRAEMER
PO Box 657 DML 4, DES MOINES, IA 50309
SECRETARY1$0
BLAKE M GROEN
PO Box 657 DML 4, DES MOINES, IA 50309
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
AIMEE S ROONEY
PO Box 657 DML 4, Des Moines, IA 50309
TREASURER1$0
KELCEY A BROWN
PO Box 657 DML 4, Des Moines, IA 50309
PRESIDENT/DIRECTOR1$0
MARK D LOWE
PO Box 657 DML 4, DES MOINES, IA 50309
VICE PRESIDENT1$0
GRETCHEN W KRAEMER
PO Box 657 DML 4, DES MOINES, IA 50309
SECRETARY1$0
BLAKE M GROEN
PO Box 657 DML 4, DES MOINES, IA 50309
DIRECTOR1$0

Address and contacts

Address (IRS master file)
PO BOX 657, DES MOINES, IA 50306-0657
In care of
% CORPORATE ACCOUNTING
Signed the 990-PF
BLAKE GROEN, DIRECTOR
Phone
(515) 252-6925

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, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
42-1338550
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
1997
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$40,183,539
Income (IRS master file)
$8,111,926

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,666,139$5,795,057$40,183,539IRS
990-PFDecember 2023$25,762,887$2,396,251$40,201,994XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 42-1338550).

Questions about MIDAMERICAN ENERGY FOUNDATION

What is the EIN of MIDAMERICAN ENERGY FOUNDATION?
The employer identification number (EIN) of MIDAMERICAN ENERGY FOUNDATION is 42-1338550.
Is MIDAMERICAN ENERGY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to MIDAMERICAN ENERGY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does MIDAMERICAN ENERGY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of MIDAMERICAN ENERGY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIDAMERICAN ENERGY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of MIDAMERICAN ENERGY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does MIDAMERICAN ENERGY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,666,139, expenses of $5,795,057 and total assets of $40,183,539 at year end.

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