Skip to main content

Nonprofit · EIN 42-6055159

WATERLOO POLICE PROTECTIVE ASSOCIATION

Tax-exempt · WATERLOO, IA 50703

Financials

$259K$164K2023$294K$200K2024
Revenue Expenses · by fiscal year end
Financials of WATERLOO POLICE PROTECTIVE ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$293,864$199,847$94,017$1,761,461$391$1,761,070
June 30, 2024990$258,863$163,726$95,137$1,656,379$0$1,656,379
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$223,408
Membership dues
$186,077
Program service revenue
$0
Investment income
$76,505
Net gain from sales of assets
$47,547
Net income from fundraising events
-$6,050
Other revenue
-$6,049

Expenses

Grants and similar amounts paid
$47,499
Benefits paid to members
$63,804
Compensation of officers, directors and key employees
$11,916
Salaries, compensation and benefits (total)
$11,916
Professional fundraising fees
$0
Accounting fees
$10,150
Program services (functional)
$151,827
Management and general (functional)
$48,020

Balance sheet and other

Total assets, start of year
$1,656,379
Total assets, end of year
$1,761,461
Total liabilities, end of year
$391
Net assets, end of year
$1,761,070
Publicly traded securities
$1,270,208
Gross receipts
$532,714
Employees
0
Volunteers
3
Year formed
1976
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
JEREMY POHLPRESIDENT
Trustee or director, Officer
0.5$4,067
CHRIS ROBERTSSECRETARY
Trustee or director, Officer
0.5$1,233
JORDAN EHLERSWELFARE COMM
Trustee or director
0.5$0
MICHAEL GIRSCHDEATH & RETI
Trustee or director
0.5$0
MICHAEL RASMUSSENTREASURER
Trustee or director, Officer
0.5$0
KYLE ULLOM1ST VICE PRE
Trustee or director, Officer
0.5$0
NICK WEBER2ND VICE PRE
Trustee or director, Officer
0.5$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensation
JEREMY POHLPRESIDENT
Trustee or director, Officer
0.5$3,294
MARC JASPERTREASURER
Trustee or director, Officer
0.5$3,242
ROB CAMARATASECRETARY
Trustee or director, Officer
0.5$2,989
MICHAEL RASMUSSENDEATH & RETI
Trustee or director
0.5$1,535
CHRIS ROBERTS2ND VICE PRE
Trustee or director, Officer
0.5$0
KYLE ULLOM1ST VICE PRE
Trustee or director, Officer
0.5$0
MATT WOODWARDWELFARE COMM
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
715 MULBERRY ST, WATERLOO, IA 50703-5714
Principal officer (990 for 2024)
MICHAEL RASMUSSEN, 715 MULBERRY STREET, WATERLOO, IA 50703
Signed the 990
MICHAEL RASMUSSEN, TREASURER
Phone
(319) 291-4364
Return prepared by
HOGAN - HANSEN PC

Mission

TO PROVIDE BENEFITS TO THE POLICE FORCE OF WATERLOO, IA.

990 for the year ended June 30, 2025

Program accomplishments

  • WELFARE COMMITTEE: PROMOTE HEALTH, SAFETY AND ECONOMIC WELFARE OF MEMBERS OF THE WATERLOO POLICE FORCE.
    Expenses $88,023 · grants $47,499
  • DEATH AND RETIREMENT: PROVIDE DEATH AND RETIREMENT BENEFITS TO MEMBERS OF THE WATERLOO POLICE FORCE.
    Expenses $63,804

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
42-6055159
Tax-exempt status
501(c)(5): Labor, agricultural or horticultural organization
Donations deductible
No
Exempt since
1976
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,761,461
Income (IRS master file)
$532,714

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$293,864$199,847$1,761,461IRS
990June 2024$258,863$163,726$1,656,379XML
990June 2023$190,734$159,406$1,510,635IRS
990June 2022–––IRS
990June 2021–––IRS
990June 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 42-6055159).

Questions about WATERLOO POLICE PROTECTIVE ASSOCIATION

What is the EIN of WATERLOO POLICE PROTECTIVE ASSOCIATION?
The employer identification number (EIN) of WATERLOO POLICE PROTECTIVE ASSOCIATION is 42-6055159.
Is WATERLOO POLICE PROTECTIVE ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1976.
Are donations to WATERLOO POLICE PROTECTIVE ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WATERLOO POLICE PROTECTIVE ASSOCIATION 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 WATERLOO POLICE PROTECTIVE ASSOCIATION 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 WATERLOO POLICE PROTECTIVE ASSOCIATION 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 WATERLOO POLICE PROTECTIVE ASSOCIATION?
The 990 for the year ended June 30, 2025 names MICHAEL RASMUSSEN.
Who are the officers and directors of WATERLOO POLICE PROTECTIVE ASSOCIATION?
The 990 for the year ended June 30, 2025 lists 7 people; 2 received compensation from the organization, the highest $4,067 (JEREMY POHL, PRESIDENT).
How much revenue does WATERLOO POLICE PROTECTIVE ASSOCIATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $293,864, expenses of $199,847 and total assets of $1,761,461 at year end.

Other nonprofits in WATERLOO

All nonprofits in WATERLOO · Iowa