Nonprofit · EIN 46-3068180
ADVANCED CAPACCESS INC
Tax-exempt · CEDAR RAPIDS, IA 52401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,490,693 | $535,944 | $954,749 | $1,391,777 | $8,402 | $1,383,375 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,474,432
- Investment income
- $16,261
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $3,750
- Salaries, compensation and benefits (total)
- $3,750
- Professional fundraising fees
- $0
- Legal fees
- $60,547
- Accounting fees
- $3,591
- Occupancy
- $3,630
- Travel
- $1,096
- Program services (functional)
- $519,871
- Management and general (functional)
- $16,073
Balance sheet and other
- Total assets, start of year
- $968,124
- Total assets, end of year
- $1,391,777
- Total liabilities, end of year
- $8,402
- Net assets, end of year
- $1,383,375
- Gross receipts
- $1,490,693
- Employees
- 1
- Volunteers
- 7
- Year formed
- 2013
- State of legal domicile
- IA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN BRUSTKERN | VICE PRESIDENT, TREASURER, SECRETARY Trustee or director, Officer | 2 | $3,750 |
| AMY LANG | PRESIDENT Trustee or director, Officer | 2 | $0 |
| OBIE SADDLER JR | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| BRIAN HARGER | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 425 2ND ST SE SKYWALK FLOOR, CEDAR RAPIDS, IA 52401-1819
- Principal officer (990 for 2024)
- STEPHEN BRUSTKERN, 425 2ND STREET SE SKYWALK FLOOR, CEDAR RAPIDS, IA 52401
- Signed the 990
- STEPHEN BRUSTKERN, VICE PRESIDENT
- Phone
- (319) 883-3010
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
TO SERVE AND PROVIDE INVESTMENT CAPITAL FOR LOW-INCOME PERSONS OR LOW-INCOME COMMUNITIES.
Program accomplishments
- THE ORGANIZATION IS SERVING AS MANAGING MEMBER FOR ACA I, III, AND IV, LLC, ALL OF WHOM PROVIDE, DIRECTLY OR INDIRECTLY, INVESTMENT CAPITAL TO QUALIFIED LOW INCOME COMMUNITY BUSINESSES PURSUANT TO THE NEW MARKETS TAX CREDIT PROGRAM. IN ADDITION, THE ORGANIZATION PROVIDES INVESTMENT CAPITAL TO LOCAL BUSINESSES.Expenses $519,871 · revenue $1,474,432
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 46-3068180
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,391,777
- Income (IRS master file)
- $1,490,693
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,490,693 | $535,944 | $1,391,777 | XML |
| 990 | December 2023 | $15,264 | $60,734 | $968,124 | IRS |
| 990 | June 2023 | $64,675 | $53,029 | $922,822 | IRS |
| 990 | June 2022 | $6,620 | $32,939 | $911,176 | IRS |
| 990 | June 2021 | – | – | – | 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 ADVANCED CAPACCESS INC
- What is the EIN of ADVANCED CAPACCESS INC?
- The employer identification number (EIN) of ADVANCED CAPACCESS INC is 46-3068180.
- Is ADVANCED CAPACCESS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to ADVANCED CAPACCESS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ADVANCED CAPACCESS INC 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 ADVANCED CAPACCESS INC 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 ADVANCED CAPACCESS INC 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 ADVANCED CAPACCESS INC?
- The 990 for the year ended December 31, 2024 names STEPHEN BRUSTKERN.
- Who are the officers and directors of ADVANCED CAPACCESS INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $3,750 (STEPHEN BRUSTKERN, VICE PRESIDENT, TREASURER, SECRETARY).
- How much revenue does ADVANCED CAPACCESS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,490,693, expenses of $535,944 and total assets of $1,391,777 at year end.
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