Nonprofit · EIN 42-6259353
DEGENHART FAMILY TRUST
Also known as C-O HILLS BANK & TRUST CO
Tax-exempt · NORTH LIBERTY, IA 52317
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $906,134 | $298,517 | $607,617 | $5,166,410 | $0 | $5,166,410 |
| December 31, 2024 | 990 | $421,854 | $260,283 | $161,571 | $4,559,668 | $0 | $4,559,668 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HILLS BANK & TRUST COMPANY | TRUSTEE Institutional trustee | 5 | $45,546 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HILLS BANK & TRUST COMPANY | TRUSTEE Institutional trustee | 5 | $41,460 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HILLS BANK & TRUST COMPANY | TRUSTEE 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
Program accomplishments
- PAYMENT TO FATHER DAVID PAINTSIL, PASTOR OF ST. JOSEPH'S CHURCH, FOR SAYING MASSESExpenses $50 · grants $50
- PAYMENT TO ST. STANISLAUS CEMETERY, HILLS, IA FOR CARE AND MAINTENANCEExpenses $200 · grants $200
- DONATION TO ST. JOSEPH'S CHURCHExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 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
- 42-6259353
- 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $906,134 | $298,517 | $5,166,410 | IRS |
| 990 | December 2024 | $421,854 | $260,283 | $4,559,668 | XML |
| 990 | December 2023 | $333,118 | $232,983 | $4,403,782 | XML |
| 990 | December 2022 | $240,849 | $236,153 | $4,303,148 | 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 42-6259353).
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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