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Nonprofit · EIN 44-0365680

MUSSER-DAVIS LAND COMPANY

Tax-exempt · KANSAS CITY, MO 64112

Financials

$3M$2M2023$2.8M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of MUSSER-DAVIS LAND COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,839,667$2,478,080$361,587$19,976,562$0$19,976,562
December 31, 2023990$3,046,103$2,009,572$1,036,531$19,614,975$0$19,614,975
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1,434,348
Royalties
$1,294,309
Net gain from sales of assets
$1,110,043
Other revenue
$1,405,319

Expenses

Grants and similar amounts paid
$2,000,000
Other salaries and wages
$11,575
Salaries, compensation and benefits (total)
$17,086
Professional fundraising fees
$0
Legal fees
$10,378
Accounting fees
$23,700
Program services (functional)
$2,000,000
Management and general (functional)
$478,080

Balance sheet and other

Total assets, start of year
$19,614,975
Total assets, end of year
$19,976,562
Total liabilities, end of year
$0
Net assets, end of year
$19,976,562
Land, buildings and equipment
$2,056,839
Publicly traded securities
$17,737,868
Gross receipts
$2,908,481
Employees
1
Year formed
1916
State of legal domicile
MO

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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DENISE JAMIESONDIR
Trustee or director
–$0$1,537,780$36,218
MARK HENRICHSDIR
Trustee or director
–$0$904,159$58,873
J BROOKS JACKSONDIR
Trustee or director
–$0$463,665$57,071
JAMES JORGENSENDIR., VP
Trustee or director, Officer
–$0$410,396$53,602
TERRY L JOHNSONDIR, PRES.,T
Trustee or director, Officer
3$0$374,622$61,105
RODNEY LEHNERTZDIR., CHR.
Trustee or director, Officer
–$0$366,297$59,985
JASON HADDYDIR
Trustee or director
–$0$344,659$52,880
SUSAN KLATTDIR
Trustee or director
–$0$280,890$28,897
DAVID KIEFTASST TR
Officer
3$0$211,251$30,888
JONATHAN DILLYDIR., SEC
Trustee or director, Officer
–$0$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
J BROOKS JACKSONDIR
Trustee or director
–$0$1,056,215$60,869
MARK HENRICHSDIR
Trustee or director
–$0$856,961$59,500
JAMES JORGENSENDIR., VP
Trustee or director, Officer
–$0$403,651$50,144
TERRY L JOHNSONDIR, PRES.,T
Trustee or director, Officer
3$0$358,067$60,119
RODNEY LEHNERTZDIR., CHR.
Trustee or director, Officer
–$0$350,963$58,934
JASON HADDYDIR
Trustee or director
–$0$327,788$52,714
SUSAN KLATTDIR
Trustee or director
–$0$269,958$37,969
DAVID KIEFTASST TR
Officer
2$0$185,236$28,923
CAROLL REASONERDIR., VP
Trustee or director, Officer
–$0$6,390$639
JONATHAN DILLYDIR., SEC
Trustee or director, Officer
–$0$0$0

Address and contacts

Address (IRS master file)
4600 MADISON AVE STE 600, KANSAS CITY, MO 64112-3031
In care of
% JONATHAN N DILLY
Principal officer (990 for 2024)
TERRY L JOHNSON, 105 JESSUP HALL, 5 W JEFFERSON ST, IOWA CITY, IA 52242
Signed the 990
TERRY L JOHNSON, DIR, PRES.,TRES.
Phone
(816) 410-4600
Return prepared by
SWANSON BERNARD LLC

Mission

THE EXCLUSIVE PURPOSE AND ACTIVITY OF THE ORGANIZATION IS TO COLLECT INCOME FROM ITS INVESTMENTS AND TO DISBURSE THE NET INCOME FOR THE BENEFIT OF THE ORGANIZATION'S SOLE BENEFICIARY, THE COLLEGE OF MEDICINE OF THE UNIVERSITY OF IOWA. ACCORDINGLY, THE SOLE BENEFICIARY OF DISBURSEMENTS IS "AUTOMATICALLY" DETERMINED AND QUALIFIED.

990 for the year ended December 31, 2024

Program accomplishments

  • SEE 4.D.
  • COLLEGE OF MEDICINE
    Expenses $2,000,000 · grants $2,000,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
44-0365680
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Suspense
Donations deductible (Pub 78)
Charity of unknown status, 50% limit
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B54I)
Assets (IRS master file)
$19,976,562
Income (IRS master file)
$2,908,481

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,839,667$2,478,080$19,976,562XML
990December 2023$3,046,103$2,009,572$19,614,975XML
990December 2022$2,559,453$1,479,785$18,578,444IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 44-0365680).

Questions about MUSSER-DAVIS LAND COMPANY

What is the EIN of MUSSER-DAVIS LAND COMPANY?
The employer identification number (EIN) of MUSSER-DAVIS LAND COMPANY is 44-0365680.
Is MUSSER-DAVIS LAND COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3).
Are donations to MUSSER-DAVIS LAND COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Charity of unknown status, 50% limit).
Which annual return does MUSSER-DAVIS LAND COMPANY 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 MUSSER-DAVIS LAND COMPANY due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MUSSER-DAVIS LAND COMPANY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MUSSER-DAVIS LAND COMPANY?
The 990 for the year ended December 31, 2024 names TERRY L JOHNSON.
Who are the officers and directors of MUSSER-DAVIS LAND COMPANY?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does MUSSER-DAVIS LAND COMPANY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,839,667, expenses of $2,478,080 and total assets of $19,976,562 at year end.

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