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Nonprofit · EIN 80-0664860

MOLINE FOUNDATION

Tax-exempt · MOLINE, IL 61265

Financials

$2.1M$1.6M2022$4.9M$2.2M2023$2.3M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of MOLINE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$2,325,228$1,903,508$421,720$26,530,462$3,473,930$23,056,532
September 30, 2024990$4,917,095$2,183,804$2,733,291$24,900,901$2,110,863$22,790,038
September 30, 2023990$2,051,829$1,624,638$427,191$18,164,326$1,674,068$16,490,258
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$926,904
Program service revenue
$0
Investment income
$1,376,720
Net gain from sales of assets
$779,280
Other revenue
$21,604

Expenses

Grants and similar amounts paid
$1,537,503
Compensation of officers, directors and key employees
$100,621
Salaries, compensation and benefits (total)
$220,026
Professional fundraising fees
$0
Accounting fees
$41,224
Occupancy
$34,002
Depreciation
$1,322
Program services (functional)
$1,537,503
Management and general (functional)
$361,909
Fundraising (functional)
$4,096

Balance sheet and other

Total assets, start of year
$24,900,901
Total assets, end of year
$26,530,462
Total liabilities, end of year
$3,473,930
Net assets, end of year
$23,056,532
Land, buildings and equipment
$5,091
Publicly traded securities
$26,018,910
Net assets without donor restrictions
$16,499,371
Net assets with donor restrictions
$6,557,161
Gross receipts
$6,144,281
Employees
3
Volunteers
31
Year formed
1953
State of legal domicile
IL

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
PAUL PLAGENZPRESIDENT/CE
Officer
40$100,143
PAUL BROWNBOARD MEMBER
Trustee or director
1$0
JONATHON FOXVICE CHAIR/T
Trustee or director, Officer
1$0
MOLLY FOLEYBOARD MEMBER
Trustee or director
1$0
NATALIE LINVILLE-MASSSECRETARY
Trustee or director, Officer
1$0
SCOTT LOHMANBOARD MEMBER
Trustee or director
1$0
JEFF NELSONCHAIR
Trustee or director, Officer
1$0
ALFRED RAMIREZBOARD MEMBER
Trustee or director
1$0
LAURA SIVERTSENBOARD MEMBER
Trustee or director
–$0
990 for the year ended September 30, 2024: 10 people
NameTitleHours / weekCompensation
PAUL PLAGENZPRESIDENT/CE
Officer
40$96,757
DEBI BECHTSECRETARY
Trustee or director, Officer
1$0
PAUL BROWNBOARD MEMBER
Trustee or director
1$0
JONATHON FOXVICE CHAIR/T
Trustee or director, Officer
1$0
NATALIE LINVILLE-MASSBOARD MEMBER
Trustee or director
1$0
SCOTT LOHMANBOARD MEMBER
Trustee or director
1$0
LARRY MEESKEBOARD MEMBER
Trustee or director
1$0
JEFF NELSONCHAIR
Trustee or director, Officer
1$0
ALFRED RAMIREZBOARD MEMBER
Trustee or director
1$0
LAURA SIVERTSENBOARD MEMBER
Trustee or director
1$0
990 for the year ended September 30, 2023: 9 people
NameTitleHours / weekCompensation
PAUL PLAGENZPRESIDENT/CE
Officer
40$93,350
DEBI BECHTMEMBER
Trustee or director
1$0
JONATHON FOXTREASURER
Trustee or director, Officer
1$0
NATALIE LINVILLE-MASSMEMBER
Trustee or director
1$0
SCOTT LOHMANMEMBER
Trustee or director
1$0
CRAIG MACKMEMBER
Trustee or director
1$0
LARRY MEESKECHAIR
Trustee or director, Officer
1$0
JEFF NELSONVICE CHAIR
Trustee or director, Officer
1$0
ALFRED RAMIREZMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1601 RIVER DR STE 210, MOLINE, IL 61265-1494
In care of
% JOY BORUFF
Principal officer (990 for 2024)
JEFF NELSON, 1601 RIVER DRIVE SUITE 210, MOLINE, IL 61265
Signed the 990
JEFF NELSON, CHAIR
Phone
(309) 736-3800
Return prepared by
ANDERSON LOWER WHITLOW PC

Mission

TO RECEIVE CHARITABLE GIFTS AND PROVIDE GRANTS TO OTHER ORGANIZATIONS TO SUPPORT CIVIC, EDUCATIONAL, HEALTH AND HUMAN SERVICES, AND CULTURAL ACTIVITIES FOR THE CITIZENS OF EASTERN IOWA AND WESTERN ILLINOIS.

990 for the year ended September 30, 2025

Program accomplishments

  • DISTRIBUTE GRANTS TO CHARITABLE ORGANIZATIONS AND GOVERNMENTAL ENTITIES TO BENEFIT THE CITIZENS OF MOLINE AND THE SURROUNDING AREA.
    Expenses $1,421,615 · grants $1,421,615
  • AWARD SCHOLARSHIPS FROM CHARITABLE FUNDS ESTABLISHED BY DONORS TO RECIPIENTS SELECTED BY A COMMITTEE BASED ON ACADEMIC RECORD, NEED AND SCHOOL INVOLVEMENT.
    Expenses $104,788 · grants $104,788
  • ACCEPT AND ADMINISTER CHARITABLE FUNDS THAT WILL ASSIST THE COMMUNITY IN THE AREAS OF HEALTH AND HUMAN SERVICES, EDUCATION, ARTS AND CULTURE, THE ENVIRONMENT, AND OTHER CAUSES AS DETERMINED AS NECESSARY AND APPROPRIATE.
    Expenses $11,100

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
80-0664860
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
2012
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,530,462
Income (IRS master file)
$6,144,281

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$2,325,228$1,903,508$26,530,462XML
990September 2024$4,917,095$2,183,804$24,900,901XML
990September 2023$2,051,829$1,624,638$18,164,326XML
990September 2022$1,643,716$2,579,202$16,157,241IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 80-0664860).

Questions about MOLINE FOUNDATION

What is the EIN of MOLINE FOUNDATION?
The employer identification number (EIN) of MOLINE FOUNDATION is 80-0664860.
Is MOLINE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to MOLINE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MOLINE 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 MOLINE FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MOLINE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of MOLINE FOUNDATION?
The 990 for the year ended September 30, 2025 names JEFF NELSON.
Who are the officers and directors of MOLINE FOUNDATION?
The 990 for the year ended September 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $100,143 (PAUL PLAGENZ, PRESIDENT/CE).
How much revenue does MOLINE FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $2,325,228, expenses of $1,903,508 and total assets of $26,530,462 at year end.

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