Nonprofit · EIN 42-6059607
BETTS FOUNDATION
Tax-exempt · DES MOINES, IA 50321
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $42,832 | $19,002 | $23,830 | $376,826 | $0 | $376,826 |
| December 31, 2023 | 990-PF | $19,943 | $11,046 | $8,897 | $352,996 | $0 | $352,996 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $20,870
- Dividends
- $10,469
- Net gain from sales of assets
- $11,493
Expenses
- Grants and similar amounts paid
- $13,350
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $14,227
- Excise tax on investment income
- $239
Balance sheet and other
- Total assets, start of year
- $352,996
- Total assets, end of year
- $376,826
- Total liabilities, end of year
- $0
- Net assets, end of year
- $376,826
- Fair market value of assets
- $396,951
- Qualifying distributions
- $14,227
- Net investment income
- $21,962
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 |
|---|---|---|---|
| Laurie Betts Sloterdyk 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
| Barbara Nish 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
| Sarah Betts Susanin 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
| Charles D Betts 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
| Charles H Betts Jr 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee (to 9/1/24) | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Charles H Betts Jr 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
| Laurie Betts Sloterdyk 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
| Barbara Nish 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
| Sarah Betts Susanin 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
| Charles D Betts 2909 Woodland Ave Apt 812, Des Moines, IA 50312 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2300 GLENWOOD DR, DES MOINES, IA 50321-1528
- In care of
- % CHAS H BETTS
- Signed the 990-PF
- Laurie Betts Sloterdyk, Trustee
- Phone
- (515) 778-5436
- Return prepared by
- Eide Bailly LLP
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
- 42-6059607
- 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
- 1953
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $376,826
- Income (IRS master file)
- $394,589
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $42,832 | $19,002 | $376,826 | XML |
| 990-PF | December 2023 | $19,943 | $11,046 | $352,996 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 42-6059607).
Questions about BETTS FOUNDATION
- What is the EIN of BETTS FOUNDATION?
- The employer identification number (EIN) of BETTS FOUNDATION is 42-6059607.
- Is BETTS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1953.
- Are donations to BETTS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BETTS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BETTS 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 BETTS 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 BETTS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does BETTS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $42,832, expenses of $19,002 and total assets of $376,826 at year end.
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