Nonprofit · EIN 42-1427156
MARION SENIOR LIVING COMMUNITY
Tax-exempt · MARION, IA 52302
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $52,183 | $36,961 | $15,222 | $735,174 | $207,192 | $527,982 |
| December 31, 2024 | 990 | $52,825 | $36,489 | $16,336 | $723,064 | $210,690 | $512,374 |
| December 31, 2023 | 990 | $71,559 | $73,987 | -$2,428 | $710,378 | $214,340 | $496,038 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $27,620
- Program service revenue
- $0
- Investment income
- $22,585
- Net income from fundraising events
- $1,978
- Other revenue
- $1,978
Expenses
- Grants and similar amounts paid
- $100
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $36,333
- Management and general (functional)
- $628
Balance sheet and other
- Total assets, start of year
- $723,064
- Total assets, end of year
- $735,174
- Total liabilities, end of year
- $207,192
- Net assets, end of year
- $527,982
- Land, buildings and equipment
- $23,844
- Net assets without donor restrictions
- $527,982
- Gross receipts
- $55,120
- Employees
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN BALLARD | TREASURER Officer | – | $0 |
| LINDA DEARINGER | SECRETARY Officer | – | $0 |
| RICHARD GRIMM | PRESIDENT Officer | – | $0 |
| KEN STANFORD | VICE PRESIDE Officer | – | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN BALLARD | TREASURER Officer | – | $0 |
| LINDA DEARINGER | SECRETARY Officer | – | $0 |
| RICHARD GRIMM | PRESIDENT Officer | – | $0 |
| KEN STANFORD | VICE PRESIDE Officer | – | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEVIN BALLARD | TREASURER Officer | – | $0 |
| LINDA DEARINGER | SECRETARY Officer | – | $0 |
| RICHARD GRIMM | PRESIDENT Officer | – | $0 |
| KEN STANFORD | VICE PRESIDE Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 572, MARION, IA 52302-0572
- In care of
- % BILL LUMBERGH
- Mailing address (990-N for 2016)
- PO Box 572, Marion IA 52302
- Principal officer (990 for 2025)
- RICHARD GRIMM, 470 ROGERS STREET, ROBINS, IA 52328
- Principal officer (990-N for 2016)
- Kevin Ballard, 2750 1st Avenue NE, Cedar Rapids IA 52402
- Signed the 990
- KEVIN BALLARD, TREASURER
- Website
- marionseniorliving.com
Mission
PROVIDING INDEPENDENT, AFFORDABLE, QUALITY HOUSING AND SERVICES FOR SENIORS WITH LOW TO MODERATE INCOMES.
Program accomplishments
- PROVIDING AFFORDABLE HOUSING SERVICES FOR SENIORS.Expenses $36,233
- DONATIONIN MEMORY OF DECEASED BOARD MEMBERExpenses $100 · grants $100
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 | 990 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
- 42-1427156
- 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
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $735,174
- Income (IRS master file)
- $55,120
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $52,183 | $36,961 | $735,174 | XML |
| 990 | December 2024 | $52,825 | $36,489 | $723,064 | XML |
| 990 | December 2023 | $71,559 | $73,987 | $710,378 | XML |
| 990 | December 2022 | $41,614 | $36,766 | $717,556 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2016 Officer: Kevin Ballard | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 42-1427156).
Questions about MARION SENIOR LIVING COMMUNITY
- What is the EIN of MARION SENIOR LIVING COMMUNITY?
- The employer identification number (EIN) of MARION SENIOR LIVING COMMUNITY is 42-1427156.
- Is MARION SENIOR LIVING COMMUNITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to MARION SENIOR LIVING COMMUNITY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARION SENIOR LIVING COMMUNITY 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 MARION SENIOR LIVING COMMUNITY 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 MARION SENIOR LIVING COMMUNITY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MARION SENIOR LIVING COMMUNITY?
- The 990 for the year ended December 31, 2025 names RICHARD GRIMM.
- Who are the officers and directors of MARION SENIOR LIVING COMMUNITY?
- The 990 for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does MARION SENIOR LIVING COMMUNITY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $52,183, expenses of $36,961 and total assets of $735,174 at year end.
Other nonprofits in MARION
- LINN COUNTY RURAL ELECTRIC COOPERATIVE ASSOCIATION EIN 42-0381704 · last filed 990 for 2025
- GRAND HAVEN HOMES INC EIN 42-1107110 · last filed 990 for 2025
- TREES FOREVER INC EIN 42-1419181 · last filed 990 for 2025
- PROSPECT MEADOWS INC EIN 45-1186453 · last filed 990 for 2025
- MONARCH RESEARCH PROJECT EIN 47-5292786 · last filed 990 for 2025
- MARION INDEPENDENT SCHOOL FOUNDATION AND ALUMNI ASSOCIATION EIN 42-1343360 · last filed 990 for 2024
- MARION CHAMBER OF COMMERCE EIN 27-0607115 · last filed 990 for 2025
- THE WELL-FOOD AND CLOTHING SOURCE EIN 86-2231494 · last filed 990 for 2025