Skip to main content

Nonprofit · EIN 47-3107769

FAIRFIELD COLAB INC

Tax-exempt · FAIRFIELD, IA 52556

Financials

$69K$61K2025
Revenue Expenses · by fiscal year end
Financials of FAIRFIELD COLAB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$68,882$61,151$7,731$308,247$292,442$27,501
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$95
Membership dues
$68,407
Investment income
$380

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$6,575
Occupancy
$54,576
Program services (functional)
$61,151

Balance sheet and other

Total assets, start of year
$294,639
Total assets, end of year
$308,247
Total liabilities, end of year
$292,442
Net assets, end of year
$27,501
Cash, savings and investments
$33,247
Land and buildings
$275,000
Gross receipts
$68,882

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Kevin RileySecretary5$0
Eric JohnsonPresident10$0
Tai WardTreasurer10$0

Address and contacts

Address (IRS master file)
101 N COURT ST, FAIRFIELD, IA 52556-2812
Mailing address (990-N for 2024)
101 N Court St, FAIRFIELD IA 52556
Principal officer (990-N for 2024)
Tai Ward, 2216 Kingwood Ct, Fairfield IA 52556
Signed the 990-EZ
Tai Ward, Treasurer
Phone
(641) 451-5312

Mission

Non profit shared small business work space. Our members are offered high speed internet, printing, private offices, conference rooms, and community entrepreneur events.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Cafe experience, shared bathrooms, cleaning, printing materials, water coolers, conference room and meeting space for members and outside groups
    Expenses $6,575
  • Affordable work space for small businesses, public nonprofits, and entrepreneurs. Approximately 30 members.
    Expenses $54,576
  • Hosted weekly Traction Steam event for 10-30 attendees weekly for small business growth presentations and networking.

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
47-3107769
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$308,247
Income (IRS master file)
$68,882

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$68,882$61,151$308,247XML
990-N for 2024
Officer: Tai Ward
December 31, 2024≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: Eric Johnson
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Eric Johnson
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Karin Tobin
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Karin Tobin
December 31, 2019≤ $50,000 receipts––e-Postcard

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 47-3107769).

Questions about FAIRFIELD COLAB INC

What is the EIN of FAIRFIELD COLAB INC?
The employer identification number (EIN) of FAIRFIELD COLAB INC is 47-3107769.
Is FAIRFIELD COLAB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to FAIRFIELD COLAB INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FAIRFIELD COLAB 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 FAIRFIELD COLAB 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 FAIRFIELD COLAB INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of FAIRFIELD COLAB INC?
The 990-N for 2024 names Tai Ward.
Who are the officers and directors of FAIRFIELD COLAB INC?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does FAIRFIELD COLAB INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $68,882, expenses of $61,151 and total assets of $308,247 at year end.

Other nonprofits in FAIRFIELD

All nonprofits in FAIRFIELD · Iowa · Community improvement and capacity building