Nonprofit · EIN 47-2479056
HERBERT L AND NANCY M TOWNSEND FOUNDATION
Tax-exempt · MUSCATINE, IA 52761
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,080,752 | $1,374,592 | -$293,840 | $21,635,822 | $0 | $21,635,822 |
| December 31, 2024 | 990-PF | $1,836,985 | $1,349,737 | $487,248 | $21,929,662 | $0 | $21,929,662 |
| December 31, 2023 | 990-PF | $1,037,995 | $1,357,150 | -$319,155 | $21,442,414 | $0 | $21,442,414 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $526,582
- Interest
- $13,108
- Net rental income
- $143,186
- Net gain from sales of assets
- $335,794
- Other income
- $24,763
Expenses
- Grants and similar amounts paid
- $1,265,433
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,299,883
- Excise tax on investment income
- $14,483
Balance sheet and other
- Total assets, start of year
- $21,929,662
- Total assets, end of year
- $21,635,822
- Total liabilities, end of year
- $0
- Net assets, end of year
- $21,635,822
- Fair market value of assets
- $28,157,619
- Qualifying distributions
- $1,299,883
- Net investment income
- $1,080,752
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 |
|---|---|---|---|
| DENNIS M HENNING 215 W MISSISSIPPI DRIVE, MUSCATINE, IA 52761 | PRESIDENT (PART-YEAR) | 1 | $0 |
| MARK R GILLETT 215 W MISSISSIPPI DRIVE, MUSCATINE, IA 52761 | VICE-PRESIDENT | 1 | $0 |
| ERIC J THOMSEN 215 W MISSISSIPPI DRIVE, MUSCATINE, IA 52761 | TREASURER | 1 | $0 |
| BARBARA T SOENKSEN 215 W MISSISSIPPI DRIVE, MUSCATINE, IA 52761 | PRESIDENT | 1 | $0 |
| DWIGHT GLENNEY 215 W MISSISSIPPI DRIVE, MUSCATINE, IA 52761 | DIRECTOR | 1 | $0 |
| DENISE AUSTIN 215 W MISSISSIPPI DRIVE, MUSCATINE, IA 52761 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS M HENNING 507 WILD INDIGO CIRCLE, WILTON, IA 52778 | PRESIDENT | 1 | $0 |
| MARK R GILLETT 300 TIMBERDELL ROAD, NORMAN, OK 73019 | VICE-PRESIDENT | 1 | $0 |
| ERIC J THOMSEN 2447 SUNFLOWER RIDGE, MUSCATINE, IA 52761 | TREASURER | 1 | $0 |
| BARBARA T SOENKSEN 1015 WEST WATE STREET, WILTON, IA 52778 | SECRETARY | 1 | $0 |
| DWIGHT GLENNEY 2891 150TH STREET, MUSCATINE, IA 52761 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DENNIS M HENNING 507 WILD INDIGO CIRCLE, WILTON, IA 52778 | PRESIDENT | 1 | $0 |
| MARK R GILLETT 300 TIMBERDELL ROAD, NORMAN, OK 73019 | VICE-PRESIDENT | 1 | $0 |
| ERIC J THOMSEN 2447 SUNFLOWER RIDGE, MUSCATINE, IA 52761 | TREASURER | 1 | $0 |
| BARBARA T SOENKSEN 1015 WEST WATE STREET, WILTON, IA 52778 | SECRETARY | 1 | $0 |
| DWIGHT GLENNEY 2891 150TH STREET, MUSCATINE, IA 52761 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 215 W MISSISSIPPI DR, MUSCATINE, IA 52761-3712
- In care of
- % GARY J SCHMIT
- Signed the 990-PF
- ERIC J THOMSEN, TREASURER
- Phone
- (563) 264-4718
- Return prepared by
- RSM US LLP
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
- 47-2479056
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $21,635,822
- Income (IRS master file)
- $1,103,888
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,080,752 | $1,374,592 | $21,635,822 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990-PF | December 2024 | $1,836,985 | $1,349,737 | $21,929,662 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $1,037,995 | $1,357,150 | $21,442,414 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 47-2479056).
Questions about HERBERT L AND NANCY M TOWNSEND FOUNDATION
- What is the EIN of HERBERT L AND NANCY M TOWNSEND FOUNDATION?
- The employer identification number (EIN) of HERBERT L AND NANCY M TOWNSEND FOUNDATION is 47-2479056.
- Is HERBERT L AND NANCY M TOWNSEND FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to HERBERT L AND NANCY M TOWNSEND FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HERBERT L AND NANCY M TOWNSEND FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HERBERT L AND NANCY M TOWNSEND 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 HERBERT L AND NANCY M TOWNSEND FOUNDATION 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 HERBERT L AND NANCY M TOWNSEND FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does HERBERT L AND NANCY M TOWNSEND FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,080,752, expenses of $1,374,592 and total assets of $21,635,822 at year end.
Other nonprofits in MUSCATINE
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- MUSCATINE CHAMBER OF COMMERCE FOUNDATION EIN 42-1468595 · last filed 990 for 2026
- JHK CHARITABLE FOUNDATION EIN 20-5825746 · last filed 990-PF for 2025
- FRANK C & MARY ESTHER BISHOP EDUCATIONAL TR EIN 42-6531722 · last filed 990-PF for 2025
All nonprofits in MUSCATINE · Iowa · Philanthropy, voluntarism and grantmaking foundations