Nonprofit · EIN 42-6620053
WALTER L MCQUISTON COMMUNITY TRUST
Tax-exempt · IOWA CITY, IA 52244
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $65,112 | $50,380 | $14,732 | $598,987 | $0 | $598,987 |
| December 31, 2024 | 990-PF | $75,544 | $48,929 | $26,615 | $619,571 | $0 | $619,571 |
| December 31, 2023 | 990-PF | $66,482 | $45,306 | $21,176 | $605,270 | $0 | $605,270 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $15,406
- Interest
- $818
- Net rental income
- $18,009
- Net gain from sales of assets
- $25,461
- Other income
- $813
Expenses
- Grants and similar amounts paid
- $34,702
- Compensation of officers, directors and key employees
- $7,283
- Disbursements for charitable purposes
- $41,319
- Excise tax on investment income
- $788
Balance sheet and other
- Total assets, start of year
- $619,571
- Total assets, end of year
- $598,987
- Total liabilities, end of year
- $0
- Net assets, end of year
- $598,987
- Fair market value of assets
- $665,422
- Qualifying distributions
- $41,319
- Net investment income
- $64,299
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 |
|---|---|---|---|
| MIDWESTONE BANK PO BOX 1700, IOWA CITY, IA 52244 | TRUSTEE | 2 | $7,283 |
990-PF for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIDWESTONE BANK PO BOX 1700, IOWA CITY, IA 52244 | TRUSTEE | 2 | $6,821 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIDWESTONE BANK PO BOX 1700, IOWA CITY, IA 52244 | TRUSTEE | 2 | $6,016 |
Address and contacts
- Address (IRS master file)
- PO BOX 1700, IOWA CITY, IA 52244-1700
- In care of
- % MIDWESTONE BANK & TRUST TTEE
- Signed the 990-PF
- MIDWESTONE BANK, TRUSTEE
- Phone
- (319) 248-5146
- Return prepared by
- TDT CPAS AND ADVISORS PC
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
- 42-6620053
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $598,987
- Income (IRS master file)
- $221,358
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $65,112 | $50,380 | $598,987 | XML |
| 990-PF | December 2024 | $75,544 | $48,929 | $619,571 | XML |
| 990-PF | December 2023 | $66,482 | $45,306 | $605,270 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | 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 42-6620053).
Questions about WALTER L MCQUISTON COMMUNITY TRUST
- What is the EIN of WALTER L MCQUISTON COMMUNITY TRUST?
- The employer identification number (EIN) of WALTER L MCQUISTON COMMUNITY TRUST is 42-6620053.
- Is WALTER L MCQUISTON COMMUNITY TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt.
- Which annual return does WALTER L MCQUISTON COMMUNITY TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WALTER L MCQUISTON COMMUNITY 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 WALTER L MCQUISTON COMMUNITY 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 WALTER L MCQUISTON COMMUNITY TRUST?
- The 990-PF for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $7,283 (MIDWESTONE BANK, TRUSTEE).
- How much revenue does WALTER L MCQUISTON COMMUNITY TRUST have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $65,112, expenses of $50,380 and total assets of $598,987 at year end.
Other nonprofits in IOWA CITY
- STATE UNIVERSITY OF IOWA FOUNDATION EIN 42-0796760 · last filed 990 for 2025
- UNIVERSITY OF IOWA STRATEGIC INITIATIVES FUND EIN 84-4628214 · last filed 990 for 2025
- SYSTEMS UNLIMITED INC EIN 42-0985205 · last filed 990 for 2025
- CHRISTIAN RETIREMENT SERVICES INC OAKNOLL RETIREMENT RESIDENCE EIN 42-0919489 · last filed 990 for 2025
- COMMUNITY CRISIS SERVICES AND FOOD BANK EIN 42-0955992 · last filed 990 for 2025
- MHIC EIN 42-0680391 · last filed 990 for 2025
- REACH FOR YOUR POTENTIAL INC EIN 42-1349210 · last filed 990 for 2025
- MAYORS YOUTH EMPOWERMENT PROGRAM EIN 42-1444335 · last filed 990 for 2025