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Nonprofit · EIN 42-6259353

DEGENHART FAMILY TRUST

Also known as C-O HILLS BANK & TRUST CO

Tax-exempt · NORTH LIBERTY, IA 52317

Financials

$333K$233K2023$422K$260K2024$906K$299K2025
Revenue Expenses · by fiscal year end
Financials of DEGENHART FAMILY TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$906,134$298,517$607,617$5,166,410$0$5,166,410
December 31, 2024990$421,854$260,283$161,571$4,559,668$0$4,559,668
December 31, 2023990$333,118$232,983$100,135$4,403,782$0$4,403,782
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$906,134
Net gain from sales of assets
$620,108
Other revenue
$0

Expenses

Grants and similar amounts paid
$249,029
Compensation of officers, directors and key employees
$45,546
Salaries, compensation and benefits (total)
$45,546
Professional fundraising fees
$0
Legal fees
$10
Accounting fees
$2,029
Program services (functional)
$249,029
Management and general (functional)
$49,488

Balance sheet and other

Total assets, start of year
$4,559,668
Total assets, end of year
$5,166,410
Total liabilities, end of year
$0
Net assets, end of year
$5,166,410
Publicly traded securities
$4,820,505
Gross receipts
$2,929,968
Employees
0
Year formed
1958
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.

NameTitleHours / weekCompensation
HILLS BANK & TRUST COMPANYTRUSTEE
Institutional trustee
5$45,546
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
HILLS BANK & TRUST COMPANYTRUSTEE
Institutional trustee
5$41,460
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
HILLS BANK & TRUST COMPANYTRUSTEE
Institutional trustee
5$40,572

Address and contacts

Address (IRS master file)
590 W FOREVERGREEN RD, NORTH LIBERTY, IA 52317-8507
In care of
% HILLS BANK & TRUST
Principal officer (990 for 2025)
HILLS BANK & TRUST, 590 W FOREVERGREEN RD, NORTH LIBERTY, IA 52317
Signed the 990
JULIE BURTON, TRUST OFFICER
Phone
(319) 338-1522
Return prepared by
ERNST & YOUNG US LLP

Mission

PROVIDE SUPPORT FOR ST. JOSEPH'S CHURCH & CEMETERY

990 for the year ended December 31, 2025

Program accomplishments

  • PAYMENT TO FATHER DAVID PAINTSIL, PASTOR OF ST. JOSEPH'S CHURCH, FOR SAYING MASSES
    Expenses $50 · grants $50
  • PAYMENT TO ST. STANISLAUS CEMETERY, HILLS, IA FOR CARE AND MAINTENANCE
    Expenses $200 · grants $200
  • DONATION TO ST. JOSEPH'S CHURCH
    Expenses $248,779 · grants $248,779

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 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-6259353
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,166,410
Income (IRS master file)
$2,929,968

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$906,134$298,517$5,166,410IRS
990December 2024$421,854$260,283$4,559,668XML
990December 2023$333,118$232,983$4,403,782XML
990December 2022$240,849$236,153$4,303,148IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 42-6259353).

Questions about DEGENHART FAMILY TRUST

What is the EIN of DEGENHART FAMILY TRUST?
The employer identification number (EIN) of DEGENHART FAMILY TRUST is 42-6259353.
Is DEGENHART FAMILY TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to DEGENHART FAMILY TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does DEGENHART FAMILY TRUST 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 DEGENHART FAMILY TRUST 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 DEGENHART FAMILY TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of DEGENHART FAMILY TRUST?
The 990 for the year ended December 31, 2025 names HILLS BANK & TRUST.
Who are the officers and directors of DEGENHART FAMILY TRUST?
The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $45,546 (HILLS BANK & TRUST COMPANY, TRUSTEE).
How much revenue does DEGENHART FAMILY TRUST have?
On its 990 for the year ended December 31, 2025 it reported revenue of $906,134, expenses of $298,517 and total assets of $5,166,410 at year end.

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