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Nonprofit · EIN 42-6063935

WOLFE CATARACT FOUNDATION

Tax-exempt · MARSHALLTOWN, IA 50158

Financials

$82K$109K2023$94K$89K2024
Revenue Expenses · by fiscal year end
Financials of WOLFE CATARACT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$93,700$88,594$5,106$494,402$0$494,402
December 31, 2023990-PF$82,111$109,121-$27,010$485,489$0$485,489
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,050
Dividends
$20,895
Net rental income
$6,651
Net gain from sales of assets
$53,227

Expenses

Grants and similar amounts paid
$72,706
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$74,620
Excise tax on investment income
$1,095

Balance sheet and other

Total assets, start of year
$485,489
Total assets, end of year
$494,402
Total liabilities, end of year
$0
Net assets, end of year
$494,402
Fair market value of assets
$1,123,951
Qualifying distributions
$74,620
Net investment income
$87,650

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.

NameTitleHours / weekCompensation
JOHN M GRAETHER
305 E CHURCH ST, MARSHALLTOWN, IA 50158
PRESIDENT0.3$0
JAMES A DAVISON
305 E CHURCH ST, MARSHALLTOWN, IA 50158
VICE PRESIDENT0.3$0
PETER RHEE
305 E CHURCH ST, MARSHALLTOWN, IA 50158
SECRETARY/TREASURER0.3$0
DAVID D SAGGAU
305 E CHURCH ST, MARSHALLTOWN, IA 50158
BOARD MEMBER0.3$0
PAUL S BOEKE
305 E CHURCH ST, MARSHALLTOWN, IA 50158
BOARD MEMBER0.3$0
DAVE MOENCH
305 E CHURCH ST, MARSHALLTOWN, IA 50158
CEO STARTED NOV 20240.3$0
ERIC LOTHE
305 E CHURCH ST, MARSHALLTOWN, IA 50158
CEO THRU OCT 20240.3$0
990-PF for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
JOHN M GRAETHER
305 E CHURCH ST, MARSHALLTOWN, IA 50158
PRESIDENT0.3$0
JAMES A DAVISON
305 E CHURCH ST, MARSHALLTOWN, IA 50158
VICE PRESIDENT0.3$0
PETER RHEE
305 E CHURCH ST, MARSHALLTOWN, IA 50158
SECRETARY/TREASURER0.3$0
DAVID D SAGGAU
305 E CHURCH ST, MARSHALLTOWN, IA 50158
BOARD MEMBER0.3$0
PAUL S BOEKE
305 E CHURCH ST, MARSHALLTOWN, IA 50158
BOARD MEMBER0.3$0
LUKE BLAND
305 E CHURCH ST, MARSHALLTOWN, IA 50158
CFO THRU MAY 20230.3$0
TOM HURNEY
305 E CHURCH ST, MARSHALLTOWN, IA 50158
CEO THRU DEC 20230.3$0
DAVE MOENCH
305 E CHURCH ST, MARSHALLTOWN, IA 50158
CFO STARTED MAY 20230.3$0
ERIC LOTHE
305 E CHURCH ST, MARSHALLTOWN, IA 50158
CEO STARTED DEC 20230.3$0

Address and contacts

Address (IRS master file)
309 E CHURCH ST, MARSHALLTOWN, IA 50158-2946
Signed the 990-PF
DAVID MOENCH, CEO
Phone
(641) 754-6200
Return prepared by
CLIFTONLARSONALLEN 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
42-6063935
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
1962
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$494,402
Income (IRS master file)
$166,364

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$93,700$88,594$494,402XML
990-PFDecember 2023$82,111$109,121$485,489XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 42-6063935).

Questions about WOLFE CATARACT FOUNDATION

What is the EIN of WOLFE CATARACT FOUNDATION?
The employer identification number (EIN) of WOLFE CATARACT FOUNDATION is 42-6063935.
Is WOLFE CATARACT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to WOLFE CATARACT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does WOLFE CATARACT FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of WOLFE CATARACT 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 WOLFE CATARACT 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 WOLFE CATARACT FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does WOLFE CATARACT FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $93,700, expenses of $88,594 and total assets of $494,402 at year end.

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