Nonprofit · EIN 81-2951410
FRIENDS OF CORALVILLE LAKE
Tax-exempt · NORTH LIBERTY, IA 52317
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $67,147 | $61,865 | $5,282 | $53,060 | – | $53,060 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $27,316
- Investment income
- $27
- Net income from fundraising events
- $39,804
Expenses
- Grants and similar amounts paid
- $37,212
- Benefits paid to members
- $325
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $11,765
- Professional fees and payments to contractors
- $9,649
- Occupancy
- $705
- Printing, publications and postage
- $481
- Other expenses
- $1,728
- Program services (functional)
- $2,221
Balance sheet and other
- Total assets, start of year
- $47,778
- Total assets, end of year
- $53,060
- Total liabilities, end of year
- –
- Net assets, end of year
- $53,060
- Cash, savings and investments
- $53,060
- Gross receipts
- $70,143
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jon Kounkel | President | 0 | $0 |
| Derrick Parker | Treasurer | 0 | $0 |
| Mike McCurrey | Secretary | 0 | $0 |
| Matt McDowell | Vice President | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 901, NORTH LIBERTY, IA 52317-0901
- In care of
- % DERRICK PARKER
- Mailing address (990-N for 2025)
- PO Box 901, NORTH LIBERTY IA 52317
- Principal officer (990-N for 2025)
- Derrick Parker, PO Box 901, NORTH LIBERTY IA 52317
- Signed the 990-EZ
- Derrick Parker, Treasurer FoCL
- Phone
- (563) 554-3971
Mission
The Friends of Coralville Lake (FOCL) is a non-profit partner with the U.S. Army Corps of Engineers (ACE) and local organizations interested in the well being of the Coralville Lake. FOCL is committed to enhancing the recreational and aesthetic values of the area it serves, by connecting the people of the local community with the land through its three core values: communication, education, and conservation. https://www.friendsofcoralvillelake.org/
Program accomplishments
- Helped raise money to manage and maintain local snowmobile trails in the area. Safety and recreation focused. (2500 registered snowmobilers)grants $39,804
- Supported the Corps Safe Water campaign by provided t-shirts for the campaign (1000 people)Expenses $1,652
- Supported a new bird blind in the vets trail at Coralville lake. (2K+ people estimated to use traile yearly)grants $404
- Placed bridges and retaining materials (mulch) at Coralville lake. (Squire Point trail) (5K+ people use the trail yearly)Expenses $569
- Raised awareness of lake conditions with homeowners groups, the Holiday Lights and CR boat show (3K people through event) Fund raiser for FOCL. Volunteers at event.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-N on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 81-2951410
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S20)
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: Derrick Parker | December 31, 2025 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2024 | $67,147 | $61,865 | $53,060 | XML |
| 990-N for 2023 Officer: Derrick Parker | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-N for 2021 Officer: Derrick Parker | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Derrick Parker | 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 81-2951410).
Questions about FRIENDS OF CORALVILLE LAKE
- What is the EIN of FRIENDS OF CORALVILLE LAKE?
- The employer identification number (EIN) of FRIENDS OF CORALVILLE LAKE is 81-2951410.
- Is FRIENDS OF CORALVILLE LAKE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to FRIENDS OF CORALVILLE LAKE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF CORALVILLE LAKE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FRIENDS OF CORALVILLE LAKE 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 FRIENDS OF CORALVILLE LAKE last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
- Who is the principal officer of FRIENDS OF CORALVILLE LAKE?
- The 990-N for 2025 names Derrick Parker.
- Who are the officers and directors of FRIENDS OF CORALVILLE LAKE?
- The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF CORALVILLE LAKE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $67,147, expenses of $61,865 and total assets of $53,060 at year end.
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