Nonprofit · EIN 42-1431909
EVERGREEN TERRACE INC
Tax-exempt · DES MOINES, IA 50321
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $411,455 | $407,274 | $4,181 | $1,367,661 | $3,269,948 | -$1,902,287 |
| June 30, 2024 | 990 | $345,158 | $411,491 | -$66,333 | $1,357,059 | $3,263,527 | -$1,906,468 |
| June 30, 2023 | 990 | $256,672 | $347,402 | -$90,730 | $1,447,808 | $3,287,943 | -$1,840,135 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $132,565
- of which government grants
- $132,565
- Program service revenue
- $272,767
- Investment income
- $1,503
- Other revenue
- $4,620
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $155
- Accounting fees
- $7,565
- Occupancy
- $183,993
- Depreciation
- $95,380
- Program services (functional)
- $291,690
- Management and general (functional)
- $115,584
Balance sheet and other
- Total assets, start of year
- $1,357,059
- Total assets, end of year
- $1,367,661
- Total liabilities, end of year
- $3,269,948
- Net assets, end of year
- -$1,902,287
- Land, buildings and equipment
- $1,255,985
- Net assets without donor restrictions
- -$1,902,287
- Gross receipts
- $411,455
- 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 |
|---|---|---|---|
| MARK WETZ | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEANIE HOHENSTEIN | SECRETARY/TREASURER Trustee or director, Officer | 0 | $0 |
| AMY BLOCH | DIRECTOR Trustee or director | 0 | $0 |
| MATT SCOTT | DIRECTOR Trustee or director | 0 | $0 |
| FR BRAD PELZEL | DIRECTOR Trustee or director | 0 | $0 |
| BARB REDMOND | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK WETZ | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEANIE HOHENSTEIN | SECRETARY/TREASURER Trustee or director, Officer | 0 | $0 |
| AMY BLOCH | DIRECTOR Trustee or director | 0 | $0 |
| MATT SCOTT | DIRECTOR Trustee or director | 0 | $0 |
| FR BRAD PELZEL | DIRECTOR Trustee or director | 0 | $0 |
| BARB REDMOND | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK WETZ | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEANIE HOHENSTEIN | SECRETARY/TREASURER Trustee or director, Officer | 0 | $0 |
| AMY BLOCH | DIRECTOR Trustee or director | 0 | $0 |
| MATT SCOTT | DIRECTOR Trustee or director | 0 | $0 |
| FR BRAD PELZEL | DIRECTOR Trustee or director | 0 | $0 |
| BARB REDMOND | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2930 BELL AVE, DES MOINES, IA 50321-1421
- In care of
- % J K STADING
- Principal officer (990 for 2024)
- MARK WETZ, 1601 MILITARY RD, SIOUX CITY, IA 51103
- Signed the 990
- MARK WETZ, PRESIDENT
- Phone
- (712) 258-3251
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
HOUSING FOR LOW INCOME ELDERLY
Program accomplishments
- EXPENSES INCURRED TO OPERATE A 55 UNIT APARMENT COMPLEX FOR THE ELDERLY, FINANCED BY CAPITAL ADVANCES INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. TENANT RENT IS SUBSIDIZED BY SECTION 202 PRAC ASSISTANCE. PRAC IS SUBSIDIES PROVIDED TO ELIGIBLE RESIDENTS BY HUD TO ENABLE SUCH RESIDENTS TO LIVE IN SAFE, ADEQUATE HOUSING FACILITIES THEY COULD NOT OTHERWISE AFFORD.Expenses $291,690 · revenue $272,767
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
- 42-1431909
- 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
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80Z)
- Assets (IRS master file)
- $1,367,661
- Income (IRS master file)
- $411,455
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $411,455 | $407,274 | $1,367,661 | XML |
| 990 | June 2024 | $345,158 | $411,491 | $1,357,059 | XML |
| 990 | June 2023 | $256,672 | $347,402 | $1,447,808 | XML |
| 990 | June 2022 | $263,172 | $308,399 | $1,528,395 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 42-1431909).
Questions about EVERGREEN TERRACE INC
- What is the EIN of EVERGREEN TERRACE INC?
- The employer identification number (EIN) of EVERGREEN TERRACE INC is 42-1431909.
- Is EVERGREEN TERRACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to EVERGREEN TERRACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EVERGREEN TERRACE 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 EVERGREEN TERRACE INC 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 EVERGREEN TERRACE INC 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 EVERGREEN TERRACE INC?
- The 990 for the year ended June 30, 2025 names MARK WETZ.
- Who are the officers and directors of EVERGREEN TERRACE INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does EVERGREEN TERRACE INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $411,455, expenses of $407,274 and total assets of $1,367,661 at year end.
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