Nonprofit · EIN 42-1522461
MEDICAL ASSISTANCE FOUNDATION
Tax-exempt · FAIRFIELD, IA 52556
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $108,602 | $125,350 | -$16,748 | $4,214 | – | $4,214 |
| December 31, 2024 | 990-EZ | $134,702 | $130,387 | $4,315 | $20,962 | – | $20,962 |
| December 31, 2023 | 990-EZ | $93,411 | $83,660 | $9,751 | $27,249 | $0 | $27,249 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $108,602
Expenses
- Grants and similar amounts paid
- $125,167
- Compensation of officers, directors and key employees
- $0
- Printing, publications and postage
- $183
- Program services (functional)
- $183
Balance sheet and other
- Total assets, start of year
- $20,962
- Total assets, end of year
- $4,214
- Total liabilities, end of year
- –
- Net assets, end of year
- $4,214
- Cash, savings and investments
- $4,214
- Gross receipts
- $108,602
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Terry | Director | 4 | $0 |
990-EZ for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Terry | Director | 4 | $0 |
990-EZ for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN TERRY | PRESIDENT | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1942 CHERRY TREE LN, FAIRFIELD, IA 52556-9047
- In care of
- % BALMER NELSON VANMERS
- Signed the 990-EZ
- Stephen Terry, Director
Mission
To assist families and individuals with extraordinary medical costs associated with illnesses and diseases.
Program accomplishments
- In 2025 The Medical Assistance Foundation provided funds to 14 people suffering from medical problems ranging from dental issues to end of life cancer treatments.Expenses $183 · grants $108,603
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 42-1522461
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $4,214
- Income (IRS master file)
- $108,602
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $108,602 | $125,350 | $4,214 | XML |
| 990-EZ | December 2024 | $134,702 | $130,387 | $20,962 | XML |
| 990-EZ | December 2023 | $93,411 | $83,660 | $27,249 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 42-1522461).
Questions about MEDICAL ASSISTANCE FOUNDATION
- What is the EIN of MEDICAL ASSISTANCE FOUNDATION?
- The employer identification number (EIN) of MEDICAL ASSISTANCE FOUNDATION is 42-1522461.
- Is MEDICAL ASSISTANCE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to MEDICAL ASSISTANCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEDICAL ASSISTANCE 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 MEDICAL ASSISTANCE FOUNDATION 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 MEDICAL ASSISTANCE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MEDICAL ASSISTANCE FOUNDATION?
- The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
- How much revenue does MEDICAL ASSISTANCE FOUNDATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $108,602, expenses of $125,350 and total assets of $4,214 at year end.
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