Nonprofit · EIN 47-2335483
LE MARS AREA BETTERMENT FOUNDATION
Tax-exempt · LE MARS, IA 51031
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,355,743 | $124,609 | $4,231,134 | $4,560,121 | $3,356 | $4,556,765 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,354,095
- Program service revenue
- $0
- Investment income
- $1,648
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,645
- Management and general (functional)
- $124,609
Balance sheet and other
- Total assets, start of year
- $325,631
- Total assets, end of year
- $4,560,121
- Total liabilities, end of year
- $3,356
- Net assets, end of year
- $4,556,765
- Gross receipts
- $4,355,743
- Employees
- 0
- Year formed
- 2014
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANGIE ERDMANN | DIRECTOR Trustee or director | 1 | $0 |
| JIM KLEIN | DIRECTOR Trustee or director | 1 | $0 |
| ANGELA KNEIP | TREASURER Trustee or director, Officer | 1 | $0 |
| JEFF KRAMER | DIRECTOR Trustee or director | 1 | $0 |
| MARK NUEBEL | DIRECTOR Trustee or director | 1 | $0 |
| JOHN REXWINKEL | SECRETARY Trustee or director, Officer | 1 | $0 |
| TAMMY SUDTELGTE | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| MIKE WELLS | DIRECTOR Trustee or director | 1 | $0 |
| DUSTIN WRIGHT | PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 50 CENTRAL AVE SE, LE MARS, IA 51031-3562
- Mailing address (990-N for 2015)
- 40 CENTRAL AVE SE, LE MARS IA 51031
- Principal officer (990 for 2025)
- DUSTIN WRIGHT, 926 PGA DRIVE, LE MARS, IA 51031
- Principal officer (990-N for 2015)
- ANDY SCHMIDT, 1275 RYDER CUP, LE MARS IA 51031
- Signed the 990
- DUSTIN WRIGHT, PRESIDENT
- Phone
- (712) 546-3492
- Return prepared by
- WILLIAMS & COMPANY CPA PC
Mission
THE PURPOSE OF THE ORGANIZATION IS TO RAISE FUNDS TO BE USED BY VARIOUS NOT FOR PROFIT ORGANIZATIONS WITHIN THE GREATER LE MARS AREA FOR IMPROVING THE QUALITY OF LIFE FOR THE CITIZENS OF THE AREA.
Program accomplishments
- RAISE FUNDS FOR THE PURPOSE OF MAKING GRANTS IN RESPONSE TO COMMUNITY NEEDS, CHALLENGES AND OPPORTUNITIES, ERECT AND MAINTAIN PUBLIC BUILDINGS, PUBLIC MONUMENTS AND PUBLIC WORKS, LESSEN THE BURDEN ON GOVERNMENT, AND FACILITATE PARTNERSHIPS TO TO IDENTIFY AND ADDRESS QUALITY OF LIFE IMPROVEMENTS AND ENHANCEMENTS FOR THE LE MARS AREA.
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 | 990 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
- 47-2335483
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $4,560,121
- Income (IRS master file)
- $4,355,743
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | – | – | – | IRS |
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $56,017 | $1,193,519 | $585,885 | IRS |
| 990 | December 2022 | $8,004 | $8,277 | $1,723,387 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: ANDY SCHMIDT | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 LE MARS AREA BETTERMENT FOUNDATION
- What is the EIN of LE MARS AREA BETTERMENT FOUNDATION?
- The employer identification number (EIN) of LE MARS AREA BETTERMENT FOUNDATION is 47-2335483.
- Is LE MARS AREA BETTERMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to LE MARS AREA BETTERMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LE MARS AREA BETTERMENT FOUNDATION 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 LE MARS AREA BETTERMENT 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 LE MARS AREA BETTERMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LE MARS AREA BETTERMENT FOUNDATION?
- The 990 for the year ended December 31, 2025 names DUSTIN WRIGHT.
- Who are the officers and directors of LE MARS AREA BETTERMENT FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does LE MARS AREA BETTERMENT FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,355,743, expenses of $124,609 and total assets of $4,560,121 at year end.
Other nonprofits in LE MARS
- LE MARS BUSINESS AND PROFESSIONAL WOMENS CLUB EIN 23-7043864 · last filed 990 for 2025
- NORTHWEST IOWA POWER COOPERATIVE EIN 42-0723014 · last filed 990 for 2025
- PRIDE GROUP EIN 42-1277131 · last filed 990 for 2025
- PLAINS AREA MENTAL HEALTH INC EIN 42-1000717 · last filed 990 for 2025
- LE MARS COMMUNITY DAYCARE CENTER INC EIN 93-2763400 · last filed 990 for 2024
- LIFE SKILLS TRAINING CENTER INC EIN 42-0999011 · last filed 990 for 2025
- LEMARS AREA DIALYSIS SERVICES EIN 20-4980796 · last filed 990 for 2025
- COPPER COIN THRIFT INC EIN 93-2761880 · last filed 990 for 2025
All nonprofits in LE MARS · Iowa · Community improvement and capacity building