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Nonprofit · EIN 42-1387466

IOWA GROCERS EDUCATION FOUNDATION

Tax-exempt · URBANDALE, IA 50322

Financials

$361K$242K2023$448K$372K2024$1.1M$339K2025
Revenue Expenses · by fiscal year end
Financials of IOWA GROCERS EDUCATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,075,903$338,616$737,287$3,301,718$4,200$3,297,518
December 31, 2024990$447,857$371,531$76,326$3,002,853$5,600$2,997,253
December 31, 2023990$360,662$241,950$118,712$2,806,317$2,740$2,803,577
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$270,829
Program service revenue
$0
Investment income
$834,169
Net gain from sales of assets
$756,057
Net income from fundraising events
-$29,095
Other revenue
-$29,095

Expenses

Grants and similar amounts paid
$263,750
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,920
Program services (functional)
$336,737
Management and general (functional)
$1,879

Balance sheet and other

Total assets, start of year
$3,002,853
Total assets, end of year
$3,301,718
Total liabilities, end of year
$4,200
Net assets, end of year
$3,297,518
Publicly traded securities
$3,139,280
Net assets without donor restrictions
$3,297,518
Gross receipts
$3,571,121
Employees
0
Volunteers
6
Year formed
1983
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, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHELLE HURDExecutive VP
Officer
1$0$188,510$6,741
ANDY SCHREINERVice President
Trustee or director, Officer
1$0$0$0
STEVE HUISENGATrustee
Trustee or director
1$0$0$0
BOB GOSTOMSKIPresident
Trustee or director, Officer
1$0$0$0
CHAD CARTERTrustee
Trustee or director
1$0$0$0
DANA SUMPTreasurer
Trustee or director, Officer
1$0$0$0
BRIAN BURNAMSecretary
Trustee or director, Officer
1$0$0$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHELLE HURDExecutive VP
Officer
1$0$178,486$6,419
ANDY SCHREINERTrustee
Trustee or director
1$0$0$0
MIKE BREWINGTONVice President
Trustee or director, Officer
1$0$0$0
BOB GOSTOMSKIPresident
Trustee or director, Officer
1$0$0$0
MIKE MAZOURTreasurer
Trustee or director, Officer
1$0$0$0
DANA SUMPTrustee
Trustee or director
1$0$0$0
BRIAN BURNAMSecretary
Trustee or director, Officer
1$0$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHELLE HURDExecutive VP
Officer
1$0$160,989$6,114
ANDY SCHREINERTrustee
Trustee or director
1$0$0$0
MIKE BREWINGTONVice President
Trustee or director, Officer
1$0$0$0
BOB GOSTOMSKIPresident
Trustee or director, Officer
1$0$0$0
MIKE MAZOURTreasurer
Trustee or director, Officer
1$0$0$0
DANA SUMPTrustee
Trustee or director
1$0$0$0
BRIAN BURNAMSecretary
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
2540 106TH ST STE 102, URBANDALE, IA 50322-3736
In care of
% JERRY FLEAGLE
Signed the 990
MICHELLE HURD, Executive VP
Phone
(515) 270-2628
Return prepared by
TARBELL & CO PLC

Mission

PROVIDE EDUCATIONAL SCHOLARSHIPS

990 for the year ended December 31, 2025

Program accomplishments

  • THE FOUNDATION PROVIDED FUNDING FOR COLLEGE SCHOLARSHIPS DURING THE YEAR TO FURTHER THE SECONDARY EDUCATION OF THE RECEIPIENTS.
    Expenses $336,737 · grants $263,750

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1387466
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,301,718
Income (IRS master file)
$3,571,121

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,075,903$338,616$3,301,718XML
990December 2024$447,857$371,531$3,002,853IRS
990December 2023$360,662$241,950$2,806,317XML
990December 2022$221,630$255,235$2,363,690IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 42-1387466).

Questions about IOWA GROCERS EDUCATION FOUNDATION

What is the EIN of IOWA GROCERS EDUCATION FOUNDATION?
The employer identification number (EIN) of IOWA GROCERS EDUCATION FOUNDATION is 42-1387466.
Is IOWA GROCERS EDUCATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to IOWA GROCERS EDUCATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IOWA GROCERS EDUCATION FOUNDATION 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 IOWA GROCERS EDUCATION FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA GROCERS EDUCATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who are the officers and directors of IOWA GROCERS EDUCATION FOUNDATION?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does IOWA GROCERS EDUCATION FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,075,903, expenses of $338,616 and total assets of $3,301,718 at year end.

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