Nonprofit · EIN 42-1422674
BAXTER COMMUNITY EDUCATIONAL FOUNDATION
Tax-exempt · BAXTER, IA 50028
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $546,832 | $86,730 | $460,102 | $1,290,622 | $0 | $1,290,622 |
| June 30, 2024 | 990 | $112,128 | $75,063 | $37,065 | $830,520 | $0 | $830,520 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $504,071
- Program service revenue
- $0
- Investment income
- $42,761
- Net gain from sales of assets
- -$8,706
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $78,150
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,625
- Program services (functional)
- $86,730
Balance sheet and other
- Total assets, start of year
- $830,520
- Total assets, end of year
- $1,290,622
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,290,622
- Gross receipts
- $621,628
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1994
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE CONNELLY | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| KELLY MILLIGAN | TRUSTEE Trustee or director | 1 | $0 |
| JULIE MCWHIRTER | TREASURER Trustee or director, Officer | 1 | $0 |
| CORY ROBINSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRIS PETERSEN | TRUSTEE Trustee or director | 1 | $0 |
| TRACI SHEPLEY | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRUCE CONNELLY | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| KELLY MILLIGAN | TRUSTEE Trustee or director | 1 | $0 |
| JULIE MCWHIRTER | TREASURER Trustee or director, Officer | 1 | $0 |
| CORY ROBINSON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CHRIS PETERSEN | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 189, BAXTER, IA 50028-0189
- In care of
- % NEIL K SEALES
- Principal officer (990 for 2024)
- BRUCE CONNELLY, PO BOX 189, BAXTER, IA 50028
- Signed the 990
- JULIE MCWHIRTER, TREASURER
- Phone
- (641) 227-3102
- Return prepared by
- BRANDERHORST PLC
Mission
PROVIDING EDUCATIONAL SCHOLARSHIPS AND FACILITIES FOR THE COMMUNITY OF BAXTER AND THE BAXTER COMMUNITY SCHOOL DISTRICT.
Program accomplishments
- PROVIDED SCHOLARSHIPS FOR STUDENTS FROM THE BAXTER COMMUNITY SCHOOL DISTRICT.Expenses $83,140 · grants $78,150 · revenue $545,832
- PROVIDED FUNDING FOR EVENTS AND EQUIPMENT PURCHASED FOR THE BAXTER COMMUNITY SCHOOL DISTRICT AND BAXTER COMMUNITY.Expenses $3,590 · revenue $1,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1422674
- 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
- 1994
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $1,290,622
- Income (IRS master file)
- $621,628
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $546,832 | $86,730 | $1,290,622 | IRS |
| 990 | June 2024 | $112,128 | $75,063 | $830,520 | XML |
| 990 | June 2022 | $90,152 | $51,405 | $736,510 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 42-1422674).
Questions about BAXTER COMMUNITY EDUCATIONAL FOUNDATION
- What is the EIN of BAXTER COMMUNITY EDUCATIONAL FOUNDATION?
- The employer identification number (EIN) of BAXTER COMMUNITY EDUCATIONAL FOUNDATION is 42-1422674.
- Is BAXTER COMMUNITY EDUCATIONAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to BAXTER COMMUNITY EDUCATIONAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAXTER COMMUNITY EDUCATIONAL 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 BAXTER COMMUNITY EDUCATIONAL FOUNDATION 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 BAXTER COMMUNITY EDUCATIONAL FOUNDATION 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 BAXTER COMMUNITY EDUCATIONAL FOUNDATION?
- The 990 for the year ended June 30, 2025 names BRUCE CONNELLY.
- Who are the officers and directors of BAXTER COMMUNITY EDUCATIONAL FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does BAXTER COMMUNITY EDUCATIONAL FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $546,832, expenses of $86,730 and total assets of $1,290,622 at year end.
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