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Nonprofit · EIN 42-6446517

RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY

Tax-exempt · INDEPENDENCE, IA 50644

Financials

$9K$20K2023$15K$20K2024$19K$20K2025
Revenue Expenses · by fiscal year end
Financials of RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$19,150$19,909-$759$347,165$0$347,165
December 31, 2024990-PF$15,310$19,567-$4,257$330,698$0$330,698
December 31, 2023990-PF$9,057$20,168-$11,111$312,337$0$312,337
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$10,506
Interest
$194
Net gain from sales of assets
$8,450

Expenses

Grants and similar amounts paid
$16,500
Compensation of officers, directors and key employees
$2,939
Disbursements for charitable purposes
$19,909
Excise tax on investment income
$266

Balance sheet and other

Total assets, start of year
$330,698
Total assets, end of year
$347,165
Total liabilities, end of year
$0
Net assets, end of year
$347,165
Fair market value of assets
$347,165
Qualifying distributions
$19,909
Net investment income
$19,150

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
BANKIOWA TRUST DEPARTMENT
PO BOX 229, INDEPENDENCE, IA 50644
Trustee0$2,939
990-PF for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
BANKIOWA TRUST DEPARTMENT
PO BOX 229, INDEPENDENCE, IA 50644
Trustee0$2,887
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
BANKIOWA TRUST DEPARTMENT
PO BOX 229, INDEPENDENCE, IA 50644
Trustee0$2,759

Address and contacts

Address (IRS master file)
230 1ST ST E, INDEPENDENCE, IA 50644-2813
In care of
% FAIRBANK STATE BANK TTEE
Signed the 990-PF
TRICIA BEATTY, Trustee
Phone
(319) 334-7181
Return prepared by
Innovative Tax Services LLC

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

IRS record

EIN
42-6446517
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
2019
Accounting year ends
December
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$347,165
Income (IRS master file)
$92,206

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$19,150$19,909$347,165XML
990-PFDecember 2024$15,310$19,567$330,698IRS
990-PFDecember 2023$9,057$20,168$312,337XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 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 42-6446517).

Questions about RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY

What is the EIN of RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY?
The employer identification number (EIN) of RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY is 42-6446517.
Is RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY file?
Form 990-PF. Private foundations file every year.
When is the next return of RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY 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 RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY?
The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $2,939 (BANKIOWA TRUST DEPARTMENT, Trustee).
How much revenue does RUTH I GALLUP AND LOREN C GALLUP CHARITABLE TRUST WAPSIE VALLEY have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $19,150, expenses of $19,909 and total assets of $347,165 at year end.

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