Nonprofit · EIN 42-1369340
MANCHESTER ENTERPRISES INC
Tax-exempt · MANCHESTER, IA 52057
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $635,032 | $337,861 | $297,171 | $7,203,043 | $2,379,179 | $4,823,864 |
| May 31, 2024 | 990 | $579,507 | $404,600 | $174,907 | $7,067,142 | $2,540,449 | $4,526,693 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $1,050
- Membership dues
- $1,050
- Program service revenue
- $541,333
- Investment income
- $92,649
- Net gain from sales of assets
- $75,688
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $700
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,000
- Occupancy
- $43,721
- Depreciation
- $195,393
- Program services (functional)
- $334,861
- Management and general (functional)
- $3,000
Balance sheet and other
- Total assets, start of year
- $7,067,142
- Total assets, end of year
- $7,203,043
- Total liabilities, end of year
- $2,379,179
- Net assets, end of year
- $4,823,864
- Land, buildings and equipment
- $6,792,211
- Net assets without donor restrictions
- $4,823,864
- Gross receipts
- $1,161,944
- Employees
- 0
- Year formed
- 1991
- 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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY BREHME | DIRECTOR Trustee or director | 1 | $0 |
| NATHAN KASS | DIRECTOR Trustee or director | 1 | $0 |
| DON LOECKE | DIRECTOR Trustee or director | 1.5 | $0 |
| NATALIE VASKE | DIRECTOR Trustee or director | 1 | $0 |
| TIRZAH WEDEWER | DIRECTOR Trustee or director | 4 | $0 |
| STEVE BUESING | PRESIDENT Officer | 4 | $0 |
| CRAIG INGAMELLS | TREASURER Officer | 1.5 | $0 |
| SHELLY SCHRADER | SECRETARY Officer | 1 | $0 |
| SCOTT WEGMANN | VICE PRESIDE Officer | 2 | $0 |
990 for the year ended May 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY BREHME | DIRECTOR Trustee or director | 1 | $0 |
| JOHN CROCK | DIRECTOR Trustee or director | 1.5 | $0 |
| DON LOECKE | DIRECTOR Trustee or director | 1.5 | $0 |
| NATALIE VASKE | DIRECTOR Trustee or director | 1 | $0 |
| TIRZAH WEDEWER | DIRECTOR Trustee or director | 4 | $0 |
| STEVE BUESING | PRESIDENT Officer | 3 | $0 |
| CRAIG INGAMELLS | TREASURER Officer | 1.5 | $0 |
| SHELLY SCHRADER | SECRETARY Officer | 1 | $0 |
| SCOTT WEGMANN | VICE PRESIDE Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 217 N FRANKLIN ST, MANCHESTER, IA 52057-1538
- Principal officer (990 for 2024)
- STEVE BUESING, 18502 223RD STREET, MANCHESTER, IA 52057
- Signed the 990
- STEVE BUESING, PRESIDENT
- Phone
- (563) 927-4810
- Return prepared by
- GOSLING & COMPANY PC
Mission
PROMOTE THE ECONOMIC DEVELOPMENT AND QUALITY OF LIFE IN THE CITY OF MANCHESTER, IOWA AND THE ADJACENT COMMUNITIES AND RURAL AREAS IN DELAWARE COUNTY, IOWA.
Program accomplishments
- THE CORPORATION WAS FORMED PRIMARILY FOR THE PURPOSE OF DEVELOPING REAL ESTATE SITES IN MANCHESTER, IOWA INDUSTRIAL PARK AND THE DEVELOPMENT OF OTHER REAL ESTATE PROJECTS.Expenses $334,861 · grants $700 · revenue $617,020
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1369340
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,203,043
- Income (IRS master file)
- $1,161,944
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $635,032 | $337,861 | $7,203,043 | XML |
| 990 | May 2024 | $579,507 | $404,600 | $7,067,142 | XML |
| 990 | May 2023 | $575,307 | $298,285 | $7,082,920 | IRS |
| 990 | May 2022 | $559,431 | $316,403 | $6,391,407 | IRS |
| 990 | May 2021 | $182,789 | $74,442 | $6,621,054 | 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 42-1369340).
Questions about MANCHESTER ENTERPRISES INC
- What is the EIN of MANCHESTER ENTERPRISES INC?
- The employer identification number (EIN) of MANCHESTER ENTERPRISES INC is 42-1369340.
- Is MANCHESTER ENTERPRISES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1992.
- Are donations to MANCHESTER ENTERPRISES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MANCHESTER ENTERPRISES 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 MANCHESTER ENTERPRISES INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MANCHESTER ENTERPRISES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of MANCHESTER ENTERPRISES INC?
- The 990 for the year ended May 31, 2025 names STEVE BUESING.
- Who are the officers and directors of MANCHESTER ENTERPRISES INC?
- The 990 for the year ended May 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does MANCHESTER ENTERPRISES INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $635,032, expenses of $337,861 and total assets of $7,203,043 at year end.
Other nonprofits in MANCHESTER
- GOOD NEIGHBOR SOCIETY EIN 42-0846668 · last filed 990 for 2025
- DELAWARE COUNTY FAIR SOCIETY INC EIN 42-0937294 · last filed 990 for 2025
- COMMUNITY CHILDCARE OF MANCHESTER IOWA EIN 38-3756189 · last filed 990 for 2025
- GREATER DELAWARE COUNTY COMMUNITY FOUNDATION EIN 42-1045184 · last filed 990 for 2025
- MANCHESTER FIRE FIGHTERSASSOCIATION EIN 20-8854818 · last filed 990 for 2025
- DELAWARE COUNTY ECONOMIC DEVELOPMENT COMMISSION EIN 42-1298348 · last filed 990 for 2025
- IOWA FARM BUREAU FEDERATION EIN 42-0685003 · last filed 990 for 2025
- MANCHESTER AREA CHAMBER OF COMMERCE EIN 42-0655641 · last filed 990-EZ for 2024