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Nonprofit · EIN 42-1378344

HOME STATE BANK CHARITABLE FOUNDATION

Tax-exempt · JEFFERSON, IA 50129

Financials

$122K$121K2023$122K$103K2024
Revenue Expenses · by fiscal year end
Financials of HOME STATE BANK CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$122,365$103,148$19,217$244,382$0$244,382
December 31, 2023990-PF$121,967$120,864$1,103$225,165$0$225,165
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$120,000
Interest
$2,365

Expenses

Grants and similar amounts paid
$103,124
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$103,124
Excise tax on investment income
$33

Balance sheet and other

Total assets, start of year
$225,165
Total assets, end of year
$244,382
Total liabilities, end of year
$0
Net assets, end of year
$244,382
Fair market value of assets
$244,382
Qualifying distributions
$103,124
Net investment income
$2,365

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Bob Allen
115 W State, Jefferson, IA 501291911
President and Director1$0
Elizabeth Garst
115 W State, Jefferson, IA 501291911
Vice President and Director0.1$0
Sid Jones
115 W State, Jefferson, IA 501291911
Director0.1$0
Christopher Deal
115 W State, Jefferson, IA 501291911
Director0.1$0
Jamie Daubendiek
115 W State, Jefferson, IA 501291911
Director0.1$0
Susan Tronchetti
115 W State, Jefferson, IA 501291911
Director0.1$0
Keith Bormann
115 W State, Jefferson, IA 501291911
Director0.1$0
Reuben Garst
115 W State, Jefferson, IA 501291911
Director0.1$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Bob Allen
115 W State, Jefferson, IA 501291911
President and Director1$0
Elizabeth Garst
115 W State, Jefferson, IA 501291911
Vice President and Director0.1$0
Jennifer Garst
115 W State, Jefferson, IA 501291911
Director (until November)0.1$0
Sid Jones
115 W State, Jefferson, IA 501291911
Director0.1$0
Christopher Deal
115 W State, Jefferson, IA 501291911
Director0.1$0
Jamie Daubendiek
115 W State, Jefferson, IA 501291911
Director0.1$0
Susan Tronchetti
115 W State, Jefferson, IA 501291911
Director0.1$0
Keith Bormann
115 W State, Jefferson, IA 501291911
Director (since April)0.1$0
Reuben Garst
115 W State, Jefferson, IA 501291911
Director (since November)0.1$0

Address and contacts

Address (IRS master file)
115 W STATE ST, JEFFERSON, IA 50129-1911
Signed the 990-PF
Bob Allen, President
Phone
(515) 386-2131
Return prepared by
Eide Bailly LLP

What it must file and when

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
42-1378344
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
1992
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$244,382
Income (IRS master file)
$122,365

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$122,365$103,148$244,382IRS
990-PFDecember 2023$121,967$120,864$225,165XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 42-1378344).

Questions about HOME STATE BANK CHARITABLE FOUNDATION

What is the EIN of HOME STATE BANK CHARITABLE FOUNDATION?
The employer identification number (EIN) of HOME STATE BANK CHARITABLE FOUNDATION is 42-1378344.
Is HOME STATE BANK CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to HOME STATE BANK CHARITABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HOME STATE BANK CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of HOME STATE BANK CHARITABLE FOUNDATION 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 HOME STATE BANK CHARITABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of HOME STATE BANK CHARITABLE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does HOME STATE BANK CHARITABLE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $122,365, expenses of $103,148 and total assets of $244,382 at year end.

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