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Nonprofit · EIN 42-1366805

QUALITY LIFE INC

Tax-exempt · MAQUOKETA, IA 52060

Financials

$63K$81K2022$62K$74K2023$69K$77K2024
Revenue Expenses · by fiscal year end
Financials of QUALITY LIFE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$68,720$77,353-$8,633$324,214$620,660-$296,446
June 30, 2024990-EZ$62,012$74,077-$12,065$334,931$622,744-$287,813
June 30, 2023990-EZ$63,427$80,528-$17,101$346,852$622,600-$275,748
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Program service revenue
$68,652
Investment income
$68

Expenses

Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$2,496
Professional fees and payments to contractors
$14,086
Occupancy
$20,533
Other expenses
$40,238
Program services (functional)
$57,942

Balance sheet and other

Total assets, start of year
$334,931
Total assets, end of year
$324,214
Total liabilities, end of year
$620,660
Net assets, end of year
-$296,446
Cash, savings and investments
$27,941
Land and buildings
$296,273
Gross receipts
$68,720

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Brad DeeryDirector1$0
John TheisenDirector1$0
Scot WilkinsDirector1$0
Jayne TempletonDirector1$0
Ruth SkeensDirector1$0
Rex TrouteDirector1$0
Matt ShinnDirector1$0
Michael RudenChairperson1$0
Beth SchutterleVice Chairperson1$0
Liz DeJoodeSecretary1$0
John FranzenTreasurer1$0
990-EZ for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensation
Jess SmithChairperson1$0
Beth SchutterleVice Chairperson1$0
Liz DeJoodeSecretary1$0
John FranzenTreasurer1$0
Todd SeifertCEO, Imagine The Possibilities1$0
John TheisenDirector1$0
Michael RudenDirector1$0
Scot WilkinsDirector1$0
Brad DeeryDirector1$0
Jayne TempletonDirector1$0
Ruth SkeensDirector1$0
Rex TrouteDirector1$0
990-EZ for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensation
Jess SmithChairperson1$0
Beth SchutterleVice Chairperson1$0
John FranzenSecretary1$0
Bernadine PaulTreasurer1$0
Todd SeifertCEO, Imagine The Possibilities1$0
John TheisenDirector1$0
Michael RudenDirector1$0
Scot WilkinsDirector1$0
Brad DeeryDirector1$0
Jayne TempletonDirector1$0
Liz DeJoodeDirector1$0

Address and contacts

Address (IRS master file)
1710 E MAPLE ST, MAQUOKETA, IA 52060-9214
In care of
% MICHAEL L ZENOR ATTY
Signed the 990-EZ
Megan Simmons, CFO
Phone
(563) 652-5252
Return prepared by
Eide Bailly LLP

Mission

Group homes for adults with disabilities

990-EZ for the year ended June 30, 2025

Program accomplishments

  • Quality Life Inc. is a 16-unit apartment project located in Storm Lake, Iowa. The project was partially built with funds provided by the U.S. Department of Housing and Urban Development and is managed by Imagine the Possibilities, a non-profit human services agency operating in Iowa. Substantially all of the Organization's income is derived from the rental of its apartment units. The Organization has entered into housing assistance payment contracts with the U.S. Department of Housing and Urban Development (HUD) on behalf of qualified tenants.
    Expenses $57,942

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
42-1366805
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P73Z)
Assets (IRS master file)
$324,214
Income (IRS master file)
$68,720

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$68,720$77,353$324,214IRS
990-EZJune 2024$62,012$74,077$334,931XML
990-EZJune 2023$63,427$80,528$346,852IRS
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990-EZJune 2020–––IRS
990-EZJune 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 42-1366805).

Questions about QUALITY LIFE INC

What is the EIN of QUALITY LIFE INC?
The employer identification number (EIN) of QUALITY LIFE INC is 42-1366805.
Is QUALITY LIFE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to QUALITY LIFE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does QUALITY LIFE INC 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 QUALITY LIFE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did QUALITY LIFE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who are the officers and directors of QUALITY LIFE INC?
The 990-EZ for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does QUALITY LIFE INC have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $68,720, expenses of $77,353 and total assets of $324,214 at year end.

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