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Nonprofit · EIN 42-1372474

GLADYS A DEGE NURSING SCHOLARSHIP FUND

Also known as C-O CLINTON NATIONAL BANK

Tax-exempt · CLINTON, IA 52732

Financials

$773$1K2023$794$3K2024$792$2K2025
Revenue Expenses · by fiscal year end
Financials of GLADYS A DEGE NURSING SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2026990-PF$792$1,834-$1,042$15,907$0$15,907
May 31, 2025990-PF$794$3,030-$2,236$16,949$0$16,949
May 31, 2024990-PF$773$1,003-$230$19,083$0$19,083
Financial details: 990-PF for the year ended May 31, 2026

Revenue

Dividends
$523
Interest
$148
Net gain from sales of assets
$121

Expenses

Grants and similar amounts paid
$750
Compensation of officers, directors and key employees
$600
Disbursements for charitable purposes
$1,230
Excise tax on investment income
$3

Balance sheet and other

Total assets, start of year
$16,949
Total assets, end of year
$15,907
Total liabilities, end of year
$0
Net assets, end of year
$15,907
Fair market value of assets
$15,032
Qualifying distributions
$1,230
Net investment income
$792

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 May 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
CLINTON NATIONAL BANK TED SHEMWELL
235 6TH AVE SO, CLINTON, IA 52732
TRUSTEE10$600
990-PF for the year ended May 31, 2025: 1 people
NameTitleHours / weekCompensation
CLINTON NATIONAL BANK TED SHEMWELL
235 6TH AVE SO, CLINTON, IA 52732
TRUSTEE10$539
990-PF for the year ended May 31, 2024: 1 people
NameTitleHours / weekCompensation
CLINTON NATIONAL BANK TED SHEMWELL
235 6TH AVE SO, CLINTON, IA 52732
TRUSTEE0$0

Address and contacts

Address (IRS master file)
235 6TH AVE S, CLINTON, IA 52732-4305
In care of
% CLINTON NATL BANK
Signed the 990-PF
CLINTON NATIONAL BANK, TRUSTEE
Phone
(563) 243-1243
Return prepared by
WINKEL PARKER & FOSTER CPA PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026990-PF on file
2024May 31, 2025October 15, 2025990-PF on file
2023May 31, 2024October 15, 2024990-PF on file

IRS record

EIN
42-1372474
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
1991
Accounting year ends
May
Files
Form 990-PF
Assets (IRS master file)
$15,907
Income (IRS master file)
$2,102

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFMay 2026$792$1,834$15,907XML
990-PFMay 2025$794$3,030$16,949XML
990-PFMay 2024$773$1,003$19,083XML
990-PFMay 2023–––IRS
990-PFMay 2022–––IRS
990-PFMay 2021–––IRS
990-PFMay 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 42-1372474).

Questions about GLADYS A DEGE NURSING SCHOLARSHIP FUND

What is the EIN of GLADYS A DEGE NURSING SCHOLARSHIP FUND?
The employer identification number (EIN) of GLADYS A DEGE NURSING SCHOLARSHIP FUND is 42-1372474.
Is GLADYS A DEGE NURSING SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to GLADYS A DEGE NURSING SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does GLADYS A DEGE NURSING SCHOLARSHIP FUND file?
Form 990-PF. Private foundations file every year.
When is the next return of GLADYS A DEGE NURSING SCHOLARSHIP FUND due?
The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GLADYS A DEGE NURSING SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended May 2026.
Who are the officers and directors of GLADYS A DEGE NURSING SCHOLARSHIP FUND?
The 990-PF for the year ended May 31, 2026 lists 1 person; 1 received compensation from the organization, the highest $600 (CLINTON NATIONAL BANK TED SHEMWELL, TRUSTEE).
How much revenue does GLADYS A DEGE NURSING SCHOLARSHIP FUND have?
On its 990-PF for the year ended May 31, 2026 it reported revenue of $792, expenses of $1,834 and total assets of $15,907 at year end.

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