Nonprofit · EIN 42-6587447
LINGE FOUNDATION
Tax-exempt · WATERLOO, IA 50701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $95,716 | $77,858 | $17,858 | $1,056,876 | $0 | $1,056,876 |
| December 31, 2024 | 990-PF | $44,405 | $74,021 | -$29,616 | $1,039,330 | $0 | $1,039,330 |
| December 31, 2023 | 990-PF | $105,320 | $69,363 | $35,957 | $1,069,458 | $0 | $1,069,458 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $45,823
- Net gain from sales of assets
- $49,893
Expenses
- Grants and similar amounts paid
- $63,118
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $64,024
- Excise tax on investment income
- $1,117
Balance sheet and other
- Total assets, start of year
- $1,039,330
- Total assets, end of year
- $1,056,876
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,056,876
- Fair market value of assets
- $1,872,300
- Qualifying distributions
- $64,024
- Net investment income
- $94,178
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 |
|---|---|---|---|
| C JOHN LINGE 4200 1ST AVENUE NE, CEDAR RAPIDS, IA 52402 | PRESIDENT & TREASURER | 0.1 | $0 |
| ELIZABETH LINGE MCGRATH 4734 LOGAN LN SE, CEDAR RAPIDS, IA 52403 | VP & SECRETARY | 0.1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C JOHN LINGE 4200 1ST AVENUE NE, CEDAR RAPIDS, IA 52402 | PRESIDENT & TREASURER | 0.1 | $0 |
| ELIZABETH LINGE MCGRATH 4734 LOGAN LN SE, CEDAR RAPIDS, IA 52403 | VP & SECRETARY | 0.1 | $0 |
| DANIEL D LINGE 3205 BROOKSIDE LANE, OLIVEHAIN, CA 92024 | TREASURER UNTIL 09/13/24 | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| C JOHN LINGE 627 COTTAGE GROVE AVE SE, CEDAR RAPIDS, IA 52403 | SECRETARY | 0.1 | $0 |
| ELIZABETH LINGE MCGRATH 4734 LOGAN LN SE, CEDAR RAPIDS, IA 52403 | PRESIDENT | 0.1 | $0 |
| DANIEL D LINGE 3205 BROOKSIDE LANE, OLIVEHAIN, CA 92024 | TREASURER | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 425 CEDAR STREET, WATERLOO, IA 50701-1305
- In care of
- % RSM MCGLADREY INC
- Signed the 990-PF
- C JOHN LINGE, PRESIDENT
- Phone
- (319) 393-8000
- Return prepared by
- RSM LLP
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
- 42-6587447
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $1,056,876
- Income (IRS master file)
- $117,391
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $95,716 | $77,858 | $1,056,876 | IRS |
| 990-PF | December 2024 | $44,405 | $74,021 | $1,039,330 | XML |
| 990-PF | December 2023 | $105,320 | $69,363 | $1,069,458 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | 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 42-6587447).
Questions about LINGE FOUNDATION
- What is the EIN of LINGE FOUNDATION?
- The employer identification number (EIN) of LINGE FOUNDATION is 42-6587447.
- Is LINGE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to LINGE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LINGE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LINGE 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 LINGE FOUNDATION 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 LINGE FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does LINGE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $95,716, expenses of $77,858 and total assets of $1,056,876 at year end.
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