Nonprofit · EIN 42-1377218
NISHNA VALLEY TRAILS INC
Tax-exempt · ATLANTIC, IA 50022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $86,417 | $1,757 | $84,660 | $1,623,810 | $0 | $1,623,810 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $300
- Program service revenue
- $0
- Investment income
- $86,117
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $674
- Management and general (functional)
- $1,757
Balance sheet and other
- Total assets, start of year
- $1,552,290
- Total assets, end of year
- $1,623,810
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,623,810
- Publicly traded securities
- $1,614,185
- Net assets without donor restrictions
- $1,623,810
- Gross receipts
- $86,417
- Employees
- 0
- Volunteers
- 20
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE HENDERSON | DIRECTOR Trustee or director | 1 | $0 |
| SHIRLEY JENSEN | DIRECTOR Trustee or director | 1 | $0 |
| BOB MORTENSEN | DIRECTOR Trustee or director | 1 | $0 |
| DICK HENSLEY | DIRECTOR Trustee or director | 1 | $0 |
| DENISE O'BRIEN | DIRECTOR Trustee or director | 1 | $0 |
| ELAINE OTTE | DIRECTOR Trustee or director | 1 | $0 |
| BARB CHASE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID CHASE | PRESIDENT Officer | 1 | $0 |
| STEVEN ANDERSON | VICE PRESIDENT Officer | 1 | $0 |
| CIARA HOEGH | SECRETARY Officer | 1 | $0 |
| ROLAND LANDSNESS | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2824 COUNTRY CLUB DR, ATLANTIC, IA 50022-2537
- In care of
- % DAVID W CHASE
- Mailing address (990-N for 2021)
- 2824 COUNTRY CLUB DR, ATLANTIC IA 500222537
- Principal officer (990 for 2024)
- DAVE CHASE, 2824 COUNTRY CLUB DR, ATLANTIC, IA 50022
- Principal officer (990-N for 2021)
- David W Chase, 2824 Country Club Dr, Atlantic IA 50022
- Signed the 990
- DAVE CHASE, PRESIDENT
- Phone
- (712) 249-3059
- Return prepared by
- Gronewold Bell Kyhnn & Co PC
Mission
DEVELOPMENT, DESIGN, MAINTENANCE AND PROMOTION OF RECREATIONAL TRAILS IN AND AROUND CASS COUTY, IOWA.
Program accomplishments
- ONLY ADMIN EXPENSES WERE INCURRED IN 2024. THE PROCESS CONTINUES ON WORKING WITH LAND OWNERS ON EASEMENTS TO COMPLETE THE FINAL THREE MILES OF THE T-BONE RECREATIONAL TRAIL INTO THE CITY OF ATLANTICrevenue $300
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1377218
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N32Z)
- Assets (IRS master file)
- $1,623,810
- Income (IRS master file)
- $86,417
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $59,411 | $1,616 | $1,552,290 | IRS |
| 990 | December 2022 | $706,241 | $6,670 | $1,457,348 | IRS |
| 990-N for 2021 Officer: David W Chase | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about NISHNA VALLEY TRAILS INC
- What is the EIN of NISHNA VALLEY TRAILS INC?
- The employer identification number (EIN) of NISHNA VALLEY TRAILS INC is 42-1377218.
- Is NISHNA VALLEY TRAILS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to NISHNA VALLEY TRAILS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NISHNA VALLEY TRAILS 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 NISHNA VALLEY TRAILS INC 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 NISHNA VALLEY TRAILS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NISHNA VALLEY TRAILS INC?
- The 990 for the year ended December 31, 2024 names DAVE CHASE.
- Who are the officers and directors of NISHNA VALLEY TRAILS INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does NISHNA VALLEY TRAILS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $86,417, expenses of $1,757 and total assets of $1,623,810 at year end.
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