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Nonprofit · EIN 42-1438621

IOWA ABLE FOUNDATION

Tax-exempt · AMES, IA 50014

Financials

$221K$292K2022$190K$289K2023$137K$195K2024
Revenue Expenses · by fiscal year end
Financials of IOWA ABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$136,527$195,388-$58,861$566,210$8,456$557,754
September 30, 2024990$189,752$288,699-$98,947$717,867$106,832$611,035
September 30, 2023990$221,382$292,334-$70,952$723,157$158,476$564,681
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$134,003
Program service revenue
$0
Investment income
$2,524
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$46,800
Other salaries and wages
$61,952
Salaries, compensation and benefits (total)
$120,128
Professional fundraising fees
$0
Accounting fees
$19,752
Occupancy
$6,759
Program services (functional)
$149,833
Management and general (functional)
$45,555

Balance sheet and other

Total assets, start of year
$717,867
Total assets, end of year
$566,210
Total liabilities, end of year
$8,456
Net assets, end of year
$557,754
Net assets without donor restrictions
$557,754
Gross receipts
$136,527
Employees
4
Year formed
1993
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
REBECA HEDLUNDVICE PRESIDE
Officer
40$46,800
JOHN MCCALLEYINTERIM BOAR
Trustee or director, Officer
2$0
CHANIN LARSONTREASURER
Trustee or director, Officer
2$0
NICOLE LARSONDIRECTOR
Trustee or director
2$0
SHELLEY GARRINGTONDIRECTOR
Trustee or director
2$0
VIENNA HOANGDIRECTOR
Trustee or director
2$0
MARK EDELMANDIRECTOR
Trustee or director
2$0
LEKEISHA VEASLEYDIRECTOR
Trustee or director
2$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
REBECA HEDLUNDVICE PRESIDE
Officer
40$0
JEFF WILLIAMSINTERIM DIRE
Officer
10$0
KYLE GULDENPFENIGPRESIDENT
Trustee or director, Officer
–$0
NICOLE LARSONVICE PRESIDE
Trustee or director, Officer
2$0
VIRGINIA STADLERTREASURER
Trustee or director, Officer
2$0
SHELLEY GARRINGTONSECRETARY
Trustee or director, Officer
2$0
JOHN MCCALLEYDIRECTOR
Trustee or director
1$0
LEKEISHA VEASLEYDIRECTOR
Trustee or director
1$0
VIENNA HOANGDIRECTOR
Trustee or director
1$0
MARK EDELMANDIRECTOR
Trustee or director
10$0
990 for the year ended September 30, 2023: 10 people
NameTitleHours / weekCompensation
JEFF WILLIAMSINTERIM DIRE
Officer
10$49,015
REBECA HEDLUNDVICE PRESIDE
Officer
40$34,250
KYLE GULDENPFENIGPRESIDENT
Trustee or director, Officer
–$0
NICOLE LARSONVICE PRESIDE
Trustee or director, Officer
2$0
VIRGINIA STADLERTREASURER
Trustee or director, Officer
2$0
SHELLEY GARRINGTONSECRETARY
Trustee or director, Officer
2$0
JOHN MCCALLEYDIRECTOR
Trustee or director
1$0
LEKEISHA VEASLEYDIRECTOR
Trustee or director
1$0
VIENNA HOANGDIRECTOR
Trustee or director
1$0
MARK EDELMANDIRECTOR
Trustee or director
10$0

Address and contacts

Address (IRS master file)
130 S SHELDON AVE STE 201, AMES, IA 50014-7287
In care of
% MARY QUIGLEY
Principal officer (990 for 2024)
REBECA HEDLUND, 130 S SHELDON AVE, SUITE 201, AMES, IA 50014
Signed the 990
REBECA HEDLUND, VICE PRESIDENT
Phone
(515) 292-2972
Return prepared by
COMMUNITY CPA & ASSOCIATES INC

Mission

THE IOWA ABLE FOUNDATION EMPOWERS IOWANS WITH DISABILITIES, THEIR FAMILIES, AND THE AGING TO ACHIEVE AND MAINTAIN INDEPENDENCE THROUGH LENDING, EDUCATING, AND ADVANCING.

990 for the year ended September 30, 2025

Program accomplishments

  • ADMINISTER LOAN PROGRAMS FOR DISABLED IOWANS, PLACING ASSISTIVE TECHNOLOGY AND HOME MODIFICATIONS WITHIN REACH OF THOSE IN NEED.
    Expenses $149,833

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
42-1438621
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
September
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20Z)
Assets (IRS master file)
$566,210
Income (IRS master file)
$136,527

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$136,527$195,388$566,210XML
990September 2024$189,752$288,699$717,867XML
990September 2023$221,382$292,334$723,157XML
990September 2022$246,307$279,231$718,508IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990-EZSeptember 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 42-1438621).

Questions about IOWA ABLE FOUNDATION

What is the EIN of IOWA ABLE FOUNDATION?
The employer identification number (EIN) of IOWA ABLE FOUNDATION is 42-1438621.
Is IOWA ABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to IOWA ABLE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IOWA ABLE 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 ABLE FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA ABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of IOWA ABLE FOUNDATION?
The 990 for the year ended September 30, 2025 names REBECA HEDLUND.
Who are the officers and directors of IOWA ABLE FOUNDATION?
The 990 for the year ended September 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $46,800 (REBECA HEDLUND, VICE PRESIDE).
How much revenue does IOWA ABLE FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $136,527, expenses of $195,388 and total assets of $566,210 at year end.

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