Nonprofit · EIN 45-2255196
IROQUOIS FEDERAL FOUNDATION INC
Tax-exempt · WATSEKA, IL 60970
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $806,236 | $269,851 | $536,385 | $5,355,344 | $549 | $5,354,795 |
| December 31, 2024 | 990-PF | $1,562,434 | $168,657 | $1,393,777 | $4,818,410 | $0 | $4,818,410 |
| December 31, 2023 | 990-PF | $126,044 | $561,909 | -$435,865 | $3,424,633 | $0 | $3,424,633 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $80,102
- Interest
- $77
- Net gain from sales of assets
- $83,904
- Other income
- $642,153
Expenses
- Grants and similar amounts paid
- $263,250
- Disbursements for charitable purposes
- $263,250
- Excise tax on investment income
- $2,249
Balance sheet and other
- Total assets, start of year
- $4,818,410
- Total assets, end of year
- $5,355,344
- Total liabilities, end of year
- $549
- Net assets, end of year
- $5,354,795
- Fair market value of assets
- $5,355,344
- Qualifying distributions
- $263,250
- Net investment income
- $164,083
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 |
|---|---|---|---|
| ALAN MARTIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| PAMELA VERKLER 201 E CHERRY STREET, WATSEKA, IL 60970 | VP/TREASURER | 0 | $0 |
| ASHTYN BARRETT 201 E CHERRY STREET, WATSEKA, IL 60970 | SECRETARY | 0 | $0 |
| GARY MARTIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| FRANK SIMUTIS 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR EME | 0 | $0 |
| THOMAS CHAMBERLAIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| WALTER H HASSELBRING III 201 E CHERRY STREET, WATSEKA, IL 60970 | PRESIDENT | 0 | $0 |
| JAMES D ANDERSON 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN MARTIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| PAMELA VERKLER 201 E CHERRY STREET, WATSEKA, IL 60970 | VP/TREASURER | 0 | $0 |
| ASHTYN BARRETT 201 E CHERRY STREET, WATSEKA, IL 60970 | SECRETARY | 0 | $0 |
| GARY MARTIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| FRANK SIMUTIS 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR EME | 0 | $0 |
| THOMAS CHAMBERLAIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| WALTER H HASSELBRING III 201 E CHERRY STREET, WATSEKA, IL 60970 | PRESIDENT | 0 | $0 |
| JAMES D ANDERSON 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN MARTIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| PAMELA VERKLER 201 E CHERRY STREET, WATSEKA, IL 60970 | VP/TREASURER | 0 | $0 |
| BETH WARREN 201 E CHERRY STREET, WATSEKA, IL 60970 | SECRETARY | 0 | $0 |
| GARY MARTIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| FRANK SIMUTIS 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR EME | 0 | $0 |
| THOMAS CHAMBERLAIN 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
| WALTER H HASSELBRING III 201 E CHERRY STREET, WATSEKA, IL 60970 | PRESIDENT | 0 | $0 |
| JAMES D ANDERSON 201 E CHERRY STREET, WATSEKA, IL 60970 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 201 E CHERRY ST, WATSEKA, IL 60970-1661
- In care of
- % ALAN D MARTIN
- Signed the 990-PF
- PAMELA VERKLER, VP/TREASURER
- Phone
- (815) 432-2476
- Return prepared by
- FOX CPA GROUP LTD
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
- 45-2255196
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $5,355,344
- Income (IRS master file)
- $866,236
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $806,236 | $269,851 | $5,355,344 | XML |
| 990-PF | December 2024 | $1,562,434 | $168,657 | $4,818,410 | XML |
| 990-PF | December 2023 | $126,044 | $561,909 | $3,424,633 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 45-2255196).
Questions about IROQUOIS FEDERAL FOUNDATION INC
- What is the EIN of IROQUOIS FEDERAL FOUNDATION INC?
- The employer identification number (EIN) of IROQUOIS FEDERAL FOUNDATION INC is 45-2255196.
- Is IROQUOIS FEDERAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to IROQUOIS FEDERAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does IROQUOIS FEDERAL FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of IROQUOIS FEDERAL FOUNDATION INC 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 IROQUOIS FEDERAL FOUNDATION INC 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 IROQUOIS FEDERAL FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does IROQUOIS FEDERAL FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $806,236, expenses of $269,851 and total assets of $5,355,344 at year end.
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