Nonprofit · EIN 42-6058939
KENT CORPORATION CHARITABLE FOUNDATION
Tax-exempt · MUSCATINE, IA 52761
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $2,025,114 | $2,681,470 | -$656,356 | $87,536 | $3,716,600 | -$3,629,064 |
| December 31, 2023 | 990-PF | $1,475,330 | $1,573,192 | -$97,862 | $743,892 | $3,943,300 | -$3,199,408 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,025,000
- Interest
- $114
Expenses
- Grants and similar amounts paid
- $2,680,690
- Disbursements for charitable purposes
- $2,680,690
Balance sheet and other
- Total assets, start of year
- $743,892
- Total assets, end of year
- $87,536
- Total liabilities, end of year
- $3,716,600
- Net assets, end of year
- -$3,629,064
- Fair market value of assets
- $127,006
- Qualifying distributions
- $2,680,690
- Net investment income
- $114
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAGE A KENT 1600 OREGON STREET, MUSCATINE, IA 52761 | Trustee | 1 | $0 |
| JEFFREY R JARRETT 1600 OREGON STREET, MUSCATINE, IA 52761 | Trustee | 1 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GAGE A KENT 1600 OREGON STREET, MUSCATINE, IA 52761 | Trustee | 1 | $0 |
| JEFFREY R JARRETT 1600 OREGON STREET, MUSCATINE, IA 52761 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 OREGON ST, MUSCATINE, IA 52761-1404
- In care of
- % GRAIN PROCESSING CORPORATION
- Signed the 990-PF
- GAGE A KENT, Trustee
- Phone
- (563) 264-4226
- Return prepared by
- ERIC J THOMSEN LAW OFFICE
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 42-6058939
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1948
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $87,536
- Income (IRS master file)
- $2,025,114
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $2,025,114 | $2,681,470 | $87,536 | IRS |
| 990-PF | December 2023 | $1,475,330 | $1,573,192 | $743,892 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 42-6058939).
Questions about KENT CORPORATION CHARITABLE FOUNDATION
- What is the EIN of KENT CORPORATION CHARITABLE FOUNDATION?
- The employer identification number (EIN) of KENT CORPORATION CHARITABLE FOUNDATION is 42-6058939.
- Is KENT CORPORATION CHARITABLE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1948.
- Are donations to KENT CORPORATION CHARITABLE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does KENT CORPORATION CHARITABLE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of KENT CORPORATION CHARITABLE FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KENT CORPORATION CHARITABLE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of KENT CORPORATION CHARITABLE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does KENT CORPORATION CHARITABLE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $2,025,114, expenses of $2,681,470 and total assets of $87,536 at year end.
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