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Nonprofit · EIN 42-1446447

AHEAD INC

Tax-exempt · OTTUMWA, IA 52501

Financials

$526K$184K2022$587K$107K2023$396K$93K2024
Revenue Expenses · by fiscal year end
Financials of AHEAD INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$395,604$92,521$303,083$3,819,414$26,955$3,792,459
June 30, 2024990$587,107$107,073$480,034$3,510,755$21,379$3,489,376
June 30, 2023990$526,470$183,584$342,886$3,020,860$11,518$3,009,342
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$357,116
of which government grants
$335,688
Program service revenue
$35,615
Investment income
$0
Other revenue
$2,873

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$614
Accounting fees
$4,000
Program services (functional)
$1,500
Management and general (functional)
$91,021

Balance sheet and other

Total assets, start of year
$3,510,755
Total assets, end of year
$3,819,414
Total liabilities, end of year
$26,955
Net assets, end of year
$3,792,459
Net assets without donor restrictions
$105,806
Net assets with donor restrictions
$3,686,653
Gross receipts
$395,604
Employees
0
Volunteers
0
Year formed
1995
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.

NameTitleHours / weekCompensation
DAN STRODACHARMAN
Trustee or director, Officer
1$0
DAN TOMETICHVICE-CHAIRMAN
Trustee or director, Officer
1$0
CHRIS BOWERSSECRETARY/TREASURER
Trustee or director, Officer
1$0
JOHN HELGERSONDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
DAN STRODACHARMAN
Trustee or director, Officer
1$0
DAN TOMETICHVICE-CHAIRMAN
Trustee or director, Officer
1$0
CHRIS BOWERSSECRETARY/TREASURER
Trustee or director, Officer
1$0
JOHN HELGERSONDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensation
DAN STRODACHARMAN
Trustee or director, Officer
1$0
DAN TOMETICHVICE-CHAIRMAN
Trustee or director, Officer
1$0
CHRIS BOWERSSECRETARY/TREASURER
Trustee or director, Officer
1$0
JOHN HELGERSONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1110, OTTUMWA, IA 52501-7110
In care of
% AREA XV REG PLANNING COMMITTEE
Principal officer (990 for 2024)
CHRIS BOWERS, PO BOX 1110, OTTUMWA, IA 52501
Signed the 990
CHRIS BOWERS, SEC/TREAS
Phone
(641) 684-6551
Return prepared by
ROOF GERDES ERLBACHER PLC

Mission

TO HELP FIRST TIME HOMEBUYERS THROUGH LOW INTEREST LOANS. THE LOANS CAN BE UP TO $10,000, PAYABLE OVER A MAXIMUM OF 10 YEARS, AT A 3% INTEREST RATE, WITH AN EQUAL MONTHLY PAYMENT AMOUNT FROM THE BORROWER. IN ADDITION, FROM THE REGIONAL HOUSING TRUST FUND MONIES RECEIVED, OUR MISSION IS TO PROVIDE HOUSING REHABILITATION ASSISTANCE TO QUALIFIED HOMEOWNERS, AND TO PROVIDE TENANT RENTAL AND UTILITY ASSISTANCE TO QUALIFIED INDIVIDUALS. IN ADDITION, A REVOLVING LOAN FUND HAS BEEN ESTABLISHED IN RELATION TO THIS PROGRAM FOR OWNER AND RENTAL REHABILITATION LOANS.

990 for the year ended June 30, 2025

Program accomplishments

  • FISCAL YEAR 2011 WAS OUR FIRST YEAR AS PART OF THE REGIONAL HOUSING TRUST FUND. THROUGH THE YEARS WE PROVIDED TENANT RENTAL AND HOMEOWNER UTILITY ASSISTANCE TO SEVERAL HUNDRED QUALFIED LOW INCOME HOUSEHOLDS. RENTAL AND UTILITY ASSISTANCE FUNDS WERE FUNNELED THROUGH THE COUNTY GENERAL RELIEF DIRECTORS, WHO DISPERSED THESE FUNDS TO RECIPIENTS. THERE ARE ALSO OUTSTANDING LOANS TO LOW INCOME HOUSEHOLDS, SO THESE HOMEOWNERS COULD USE THESE FUNDS FOR SUCH THINGS AS ROOFS, GUTTERS, SIDING, FOUNDATION REPAIRS, AND VARIOUS STRUCTURAL IMPROVEMENTS. ALSO, THERE ARE OUTSTANDING LOANS TO DIFFERENT HABITAT FOR HAMANITIES AND TO ADDITIONAL NON-PROFITS FOR CONSTRUCTING OR REPAIRING HOMES IN THE COMMUNITY.
    Expenses $1,500 · revenue $38,488

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1446447
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
Assets (IRS master file)
$3,819,414
Income (IRS master file)
$395,604

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$395,604$92,521$3,819,414XML
990June 2024$587,107$107,073$3,510,755XML
990June 2023$526,470$183,584$3,020,860XML
990June 2022$466,531$67,972$2,677,605IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 42-1446447).

Questions about AHEAD INC

What is the EIN of AHEAD INC?
The employer identification number (EIN) of AHEAD INC is 42-1446447.
Is AHEAD INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to AHEAD INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AHEAD 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 AHEAD 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 AHEAD 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 AHEAD INC?
The 990 for the year ended June 30, 2025 names CHRIS BOWERS.
Who are the officers and directors of AHEAD INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does AHEAD INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $395,604, expenses of $92,521 and total assets of $3,819,414 at year end.

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