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Nonprofit · EIN 42-1373886

THE REC CENTER LTD

Tax-exempt · MT PLEASANT, IA 52641

Financials

$508K$588K2023$532K$624K2024
Revenue Expenses · by fiscal year end
Financials of THE REC CENTER LTD by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$532,111$624,305-$92,194$1,200,623$147,612$1,053,011
June 30, 2024990$508,345$588,357-$80,012$1,278,754$140,725$1,138,029
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$33,990
Program service revenue
$487,136
Investment income
$10,985
Net gain from sales of assets
$8,385
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$86,673
Other salaries and wages
$168,170
Salaries, compensation and benefits (total)
$292,559
Professional fundraising fees
$0
Accounting fees
$7,285
Occupancy
$118,537
Depreciation
$77,548
Program services (functional)
$526,857
Management and general (functional)
$87,556
Fundraising (functional)
$9,892

Balance sheet and other

Total assets, start of year
$1,278,754
Total assets, end of year
$1,200,623
Total liabilities, end of year
$147,612
Net assets, end of year
$1,053,011
Land, buildings and equipment
$1,015,784
Publicly traded securities
$162,355
Net assets without donor restrictions
$982,422
Net assets with donor restrictions
$70,589
Gross receipts
$557,582
Employees
30
Volunteers
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RYAN DUFFIEDIRECTOR
Officer
40$86,673$2,600
CINDY SMITHDIRECTOR
Trustee or director
1$0$0
DAVID GEORGEPRESIDENT
Trustee or director, Officer
1$0$0
JIM BECKERDIRECTOR
Trustee or director
1$0$0
JOHN ROEDERERDIRECTOR
Trustee or director
1$0$0
LINDA WILKERSONDIRECTOR
Trustee or director
1$0$0
AIMEE SHEPHERDDIRECTOR
Trustee or director
1$0$0
MEG RICHTMANSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
REED WENSTRANDVICE PRESIDENT
Trustee or director, Officer
1$0$0
JAMIE SCHADTDIRECTOR
Trustee or director
1$0$0
MATT DONNOLLYDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
RYAN DUFFIEDIRECTOR
Officer
40$83,556$3,785
CINDY SMITHDIRECTOR
Trustee or director
1$0$0
DAVID GEORGEPRESIDENT
Trustee or director, Officer
1$0$0
JIM BECKERDIRECTOR
Trustee or director
1$0$0
JOHN ROEDERERDIRECTOR
Trustee or director
1$0$0
LINDA WILKERSONDIRECTOR
Trustee or director, Officer
1$0$0
MARSHALL COTTONDIRECTOR
Trustee or director
1$0$0
MEG RICHTMANSECRETARY/TREASURER
Trustee or director
1$0$0
REED WENSTRANDVICE PRESIDENT
Trustee or director, Officer
1$0$0
JAMIE SCHADTDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
200 E MONROE ST, MT PLEASANT, IA 52641-1917
Principal officer (990 for 2024)
DAVID GEORGE, 200 E MONROE ST, MOUNT PLEASANT, IA 52641
Signed the 990
DAVID GEORGE, PRESIDENT
Phone
(319) 385-2960
Return prepared by
ALLEN MITCHELL LLP

Mission

IT IS THE MISSION OF THE REC CENTER TO PROMOTE QUALITY LIVING AND WELL-BEING FOR PEOPLE OF ALL AGES THROUGH FITNESS, RECREATION AND WELLNESS OPPORTUNITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDING A RECREATIONAL FACILITY FOR MOUNT PLEASANT AND SURROUNDING AREA. THE CITY OF MOUNT PLEASANT IS USING THE FACILITY FOR MANY OF ITS RECREATIONAL PROGRAMS.
    Expenses $526,857 · revenue $487,136

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 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1373886
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
1991
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,200,623
Income (IRS master file)
$557,582

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$532,111$624,305$1,200,623XML
990June 2024$508,345$588,357$1,278,754XML
990June 2023$494,810$606,586$1,286,549IRS
990June 2022$585,940$609,195$1,357,068IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 42-1373886).

Questions about THE REC CENTER LTD

What is the EIN of THE REC CENTER LTD?
The employer identification number (EIN) of THE REC CENTER LTD is 42-1373886.
Is THE REC CENTER LTD tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to THE REC CENTER LTD tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE REC CENTER LTD 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 THE REC CENTER LTD 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 THE REC CENTER LTD last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE REC CENTER LTD?
The 990 for the year ended June 30, 2025 names DAVID GEORGE.
Who are the officers and directors of THE REC CENTER LTD?
The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $86,673 (RYAN DUFFIE, DIRECTOR).
How much revenue does THE REC CENTER LTD have?
On its 990 for the year ended June 30, 2025 it reported revenue of $532,111, expenses of $624,305 and total assets of $1,200,623 at year end.

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