Nonprofit · EIN 42-6096518
MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION
Tax-exempt · MARSHALLTOWN, IA 50158
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,052,937 | $664,938 | $387,999 | $7,141,643 | $293,243 | $6,848,400 |
| December 31, 2024 | 990 | $913,194 | $711,802 | $201,392 | $6,465,163 | $307,408 | $6,157,755 |
| December 31, 2023 | 990 | $779,809 | $698,814 | $80,995 | $5,958,810 | $194,107 | $5,764,703 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $808,850
- Program service revenue
- $0
- Investment income
- $244,087
- Net gain from sales of assets
- $4,521
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $539,758
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $18,333
- Program services (functional)
- $539,758
- Management and general (functional)
- $61,594
- Fundraising (functional)
- $63,586
Balance sheet and other
- Total assets, start of year
- $6,465,163
- Total assets, end of year
- $7,141,643
- Total liabilities, end of year
- $293,243
- Net assets, end of year
- $6,848,400
- Net assets without donor restrictions
- $844,805
- Net assets with donor restrictions
- $6,003,595
- Gross receipts
- $1,052,937
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1966
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RITA FREDERICK | DIRECTOR Trustee or director | 2 | $0 |
| VIC HELLBERG | DIRECTOR Trustee or director | 2 | $0 |
| ELIZABETH WISE | EXECUTIVE DIRECTOR Trustee or director | 34 | $0 |
| JERRY STEPHENS | DIRECTOR Trustee or director | 2 | $0 |
| CHRIS EDEL | DIRECTOR Trustee or director | 2 | $0 |
| DEAN FOGARTY | DIRECTOR Trustee or director | 2 | $0 |
| JIM BOWMAN | DIRECTOR Trustee or director | 2 | $0 |
| LEE HAUPERT | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| SUZANNE MEAD | TREASURER Officer | 2 | $0 |
| JIM GOODMAN | SECRETARY Officer | 2 | $0 |
| NORMA MEADE | VICE PRESIDENT Officer | 2 | $0 |
| GARY SCHAUDT | PRESIDENT Officer | 2 | $0 |
990 for the year ended December 31, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RITA FREDERICK | DIRECTOR Trustee or director | 2 | $0 |
| VIC HELLBERG | DIRECTOR Trustee or director | 2 | $0 |
| ELIZABETH WISE | EXECUTIVE DIRECTOR Trustee or director | 34 | $0 |
| JERRY STEPHENS | DIRECTOR Trustee or director | 2 | $0 |
| CHRIS EDEL | DIRECTOR Trustee or director | 2 | $0 |
| DEAN FOGARTY | DIRECTOR Trustee or director | 2 | $0 |
| JIM BOWMAN | DIRECTOR Trustee or director | 2 | $0 |
| LEE HAUPERT | DIRECTOR Trustee or director | 2 | $0 |
| GEORGE JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| SUZANNE MEAD | TREASURER Officer | 2 | $0 |
| JIM GOODMAN | SECRETARY Officer | 2 | $0 |
| NORMA MEADE | VICE PRESIDENT Officer | 2 | $0 |
| GARY SCHAUDT | PRESIDENT Officer | 2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RITA FREDERICK | DIRECTOR Trustee or director | 2 | $0 |
| VIC HELLBERG | DIRECTOR Trustee or director | 2 | $0 |
| CAROL GEIL | EXECUTIVE DIRECTOR Trustee or director | 34 | $0 |
| JERRY STEPHENS | DIRECTOR Trustee or director | 2 | $0 |
| CHRIS EDEL | DIRECTOR Trustee or director | 2 | $0 |
| DEAN FOGARTY | DIRECTOR Trustee or director | 2 | $0 |
| JIM BOWMAN | DIRECTOR Trustee or director | 2 | $0 |
| ROBIN LILIENTHAL | EX-OFFICIO Trustee or director | 2 | $0 |
| GEORGE JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| BECKY MERRILL | DIRECTOR Trustee or director | 2 | $0 |
| SUZANNE MEAD | TREASURER Officer | 2 | $0 |
| JIM GOODMAN | SECRETARY Officer | 2 | $0 |
| NORMA MEADE | VICE PRESIDENT Officer | 2 | $0 |
| GARY SCHAUDT | PRESIDENT Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 26 S 1ST AVE STE 302, MARSHALLTOWN, IA 50158-5055
- Mailing address (990-N for 2025)
- 26 S 1st Ave Ste 302, Marshalltown IA 50158
- Principal officer (990 for 2025)
- SUZANNE MEAD, 3700 S CENTER STREET, MARSHALLTOWN, IA 50158
- Principal officer (990-N for 2025)
- James L Goodman, 26 S 1st Ave Ste 302, Marshalltown IA 50158
- Signed the 990
- SUZANNE MEAD, TREASURER
- Phone
- (641) 844-5747
- Return prepared by
- TRUSTPOINT LLP
Mission
PROVIDE FUNDS FOR SCHOLARSHIPS FOR WORTHY AND NEEDY STUDENTS TO HELP FINANCE COLLEGE EDUCATION AND TO SUPPORT THE DEPARTMENTS OF LIBERAL, FINE ARTS, ATHLETIC, SOCIAL SCIENCE AND HUMANITIES.
Program accomplishments
- PROVIDE FUNDS FOR SCHOLARSHIPS FOR WORTHY AND NEEDY STUDENTS TO HELP FINANCE COLLEGE EDUCATION AND TO SUPPORT THE DEPARTMENTS OF LIBERAL, FINE ARTS, ATHLETIC, SOCIAL SCIENCE AND HUMANITIES.Expenses $539,758 · grants $539,758
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-6096518
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1966
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B41I)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: James L Goodman | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2025 | $1,052,937 | $664,938 | $7,141,643 | XML |
| 990 | December 2024 | $913,194 | $711,802 | $6,465,163 | IRS |
| 990 | December 2023 | $779,809 | $698,814 | $5,958,810 | XML |
| 990 | December 2022 | $754,892 | $793,513 | $5,752,486 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 42-6096518).
Questions about MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION
- What is the EIN of MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION?
- The employer identification number (EIN) of MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION is 42-6096518.
- Is MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MARSHALLTOWN COMMUNITY COLLEGE 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 MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION?
- The 990 for the year ended December 31, 2025 names SUZANNE MEAD.
- Who are the officers and directors of MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does MARSHALLTOWN COMMUNITY COLLEGE FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,052,937, expenses of $664,938 and total assets of $7,141,643 at year end.
Other nonprofits in MARSHALLTOWN
- GWENDOLYN F AND LUCIAN L HINECKER SCHOLARSHIP TR EIN 46-6706404 · last filed 990-PF for 2025
- MARSHALLTOWN CHRISTIAN SCHOOL EIN 20-3857553 · last filed 990 for 2025
- IOWA STATE TROWEL TRADES APPRENTICESHIP TRADE TRUST FUND EIN 39-1880824 · last filed 990 for 2024
- J G GUTEKUNST TRUST EIN 42-6195862 · last filed 990 for 2025
- MARSHALLTOWN EDUCATION PARTNERSHIP INC EIN 51-0649214 · last filed 990 for 2025
- PHYLLIS PERRY HULTON EDUCATIONAL TRUST EIN 42-6526655 · last filed 990-PF for 2025
- FRIENDS OF THE MARSHALLTOWN IOWA PUBLIC LIBRARY INC EIN 42-1469271 · last filed 990 for 2024
- BOBCAT BOOSTEER CLUB EIN 42-1234482 · last filed 990-N for 2025