Nonprofit · EIN 42-6550538
CARROLL C MONGAN TRUST
Tax-exempt · CHEROKEE, IA 51012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $12,530 | $16,996 | -$4,466 | $418,456 | $0 | $418,456 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $6,494
- Interest
- $6,036
Expenses
- Grants and similar amounts paid
- $10,500
- Disbursements for charitable purposes
- $16,996
- Excise tax on investment income
- $174
Balance sheet and other
- Total assets, start of year
- $410,348
- Total assets, end of year
- $418,456
- Total liabilities, end of year
- $0
- Net assets, end of year
- $418,456
- Fair market value of assets
- $418,456
- Qualifying distributions
- $16,996
- Net investment income
- $12,530
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| State Savings Bank 202 S 2nd, Cherokee, IA 51012 | Trustee | 2 | $0 |
| Brian Lockin 112 Main St, Aurelia, IA 51005 | Trustee | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 231 W MAPLE ST, CHEROKEE, IA 51012-1852
- In care of
- % JOHN P LOUGHLIN
- Signed the 990-PF
- David Cronin, trust officer
- Phone
- (712) 225-6117
- Return prepared by
- Loughlin Law Firm
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 42-6550538
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $418,456
- Income (IRS master file)
- $12,530
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $10,708 | $17,702 | $414,164 | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CARROLL C MONGAN TRUST
- What is the EIN of CARROLL C MONGAN TRUST?
- The employer identification number (EIN) of CARROLL C MONGAN TRUST is 42-6550538.
- Is CARROLL C MONGAN TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to CARROLL C MONGAN TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CARROLL C MONGAN TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CARROLL C MONGAN 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 CARROLL C MONGAN TRUST 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 CARROLL C MONGAN TRUST?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does CARROLL C MONGAN TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $12,530, expenses of $16,996 and total assets of $418,456 at year end.
Other nonprofits in CHEROKEE
- CHEROKEE EDUCATIONAL FOUNDATION EIN 42-1342574 · last filed 990 for 2025
- FRIENDS OF THE CHEROKEE PUBLIC LIBRARY EIN 42-1455499 · last filed 990-N for 2024
- TAKE YOUR KEY EIN 84-1856974 · last filed 990-N for 2024
- CHEROKEE PUBLIC LIBRARY FOUNDATION EIN 41-2032297 · last filed 990-N for 2025
- FLORENCE FRISBIE SCHOLARSHIP FUND EIN 42-6615574 · last filed 990-PF for 2025
- NONKEN TR EIN 45-6282302 · last filed 990-PF for 2025
- MONTIFORD AND MARY BECK DOUPE SCHOLARSHIP FUND EIN 26-1774570 · last filed 990-PF for 2025
- CARSTENS EDUCATIONAL FUND EIN 20-7113069 · last filed 990-PF for 2025