Skip to main content

Nonprofit · EIN 72-1561064

FAIRFIELD PUBLIC LIBRARY FOUNDATION INC

Tax-exempt · FAIRFIELD, IA 52556

Financials

$163K$48K2023$256K$82K2024
Revenue Expenses · by fiscal year end
Financials of FAIRFIELD PUBLIC LIBRARY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$256,196$81,819$174,377$2,295,198$0$2,295,198
December 31, 2023990$162,513$47,793$114,720$2,054,264$0$2,054,264
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$85,483
Program service revenue
$0
Investment income
$170,713
Net gain from sales of assets
$124,001
Other revenue
$0

Expenses

Grants and similar amounts paid
$79,333
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,400
Program services (functional)
$79,333
Management and general (functional)
$2,486

Balance sheet and other

Total assets, start of year
$2,054,264
Total assets, end of year
$2,295,198
Total liabilities, end of year
$0
Net assets, end of year
$2,295,198
Publicly traded securities
$2,221,568
Gross receipts
$351,786
Employees
0
Volunteers
7
Year formed
2003
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALECS SCHMIDT MICKUNASVICE-PRESIDE
Trustee or director, Officer
1$0$67,012$14,217
KIKI KOSSOWPRESIDENT
Trustee or director, Officer
1$0$0$0
DENA MORRISSEYTREASURER
Trustee or director, Officer
1$0$0$0
ANNA SCOTTONSECRETARY
Trustee or director, Officer
1$0$0$0
VICKI ALEXANDER HERRIOTTDIRECTOR
Trustee or director
0.5$0$0$0
KEVIN IHRKEDIRECTOR
Trustee or director
0.5$0$0$0
DAVID THEBODODIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALECS SCHMIDT MICKUNASVICE-PRESIDE
Trustee or director, Officer
1$0$60,028$12,591
KIKI KOSSOWPRESIDENT
Trustee or director, Officer
1$0$0$0
SHARON FLINSPACHDIRECTOR
Trustee or director
0.5$0$0$0
NAVEED ABBASITREASURER
Trustee or director, Officer
1$0$0$0
KEVIN IHRKEDIRECTOR
Trustee or director
0.5$0$0$0
ANNA SCOTTONSECRETARY
Trustee or director, Officer
1$0$0$0
DENA MORRISSEYDIRECTOR
Trustee or director
0.5$0$0$0
DAVID THEBODODIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
104 W ADAMS AVE, FAIRFIELD, IA 52556-3433
In care of
% JAMES RUBIS
Principal officer (990 for 2024)
KIKI KOSSOW, 104 W ADAMS ST, FAIRFIELD, IA 52556
Signed the 990
DENA MORRISSEY, TREASURER
Phone
(641) 472-6551
Return prepared by
TDT CPAS AND ADVISORS PC

Mission

TO SOLICIT, RECEIVE AND ADMINISTER GIFTS, GRANTS AND BEQUESTS AND TO DISBURSE FUNDS FOR THE GENERAL WELFARE, MAINTENANCE AND IMPROVEMENT OF THE FAIRFIELD PUBLIC LIBRARY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING ASSISTANCE FOR THE WELFARE, MAINTENANCE AND IMPROVEMENT OF THE FAIRFIELD PUBLIC LIBRARY.
    Expenses $79,333 · grants $79,333

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
72-1561064
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2003
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,295,198
Income (IRS master file)
$351,786

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$256,196$81,819$2,295,198XML
990December 2023$162,513$47,793$2,054,264XML
990December 2022$69,042$66,392$1,744,533IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 72-1561064).

Questions about FAIRFIELD PUBLIC LIBRARY FOUNDATION INC

What is the EIN of FAIRFIELD PUBLIC LIBRARY FOUNDATION INC?
The employer identification number (EIN) of FAIRFIELD PUBLIC LIBRARY FOUNDATION INC is 72-1561064.
Is FAIRFIELD PUBLIC LIBRARY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to FAIRFIELD PUBLIC LIBRARY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FAIRFIELD PUBLIC LIBRARY FOUNDATION 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 PUBLIC LIBRARY FOUNDATION 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 FAIRFIELD PUBLIC LIBRARY FOUNDATION 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 FAIRFIELD PUBLIC LIBRARY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names KIKI KOSSOW.
Who are the officers and directors of FAIRFIELD PUBLIC LIBRARY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does FAIRFIELD PUBLIC LIBRARY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $256,196, expenses of $81,819 and total assets of $2,295,198 at year end.

Other nonprofits in FAIRFIELD

All nonprofits in FAIRFIELD · Iowa · Philanthropy, voluntarism and grantmaking foundations