Nonprofit · EIN 82-3025860
CONNECTCR INC
Tax-exempt · CEDAR RAPIDS, IA 52410
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $313,491 | $1,517,394 | -$1,203,903 | $2,828,385 | $711 | $2,827,674 |
| December 31, 2023 | 990 | $1,017,370 | $1,733,199 | -$715,829 | $4,027,791 | $0 | $4,027,791 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $124,544
- Program service revenue
- $0
- Investment income
- $188,947
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,440,000
- Compensation of officers, directors and key employees
- $9,499
- Salaries, compensation and benefits (total)
- $9,499
- Professional fundraising fees
- $0
- Accounting fees
- $6,045
- Occupancy
- $220
- Program services (functional)
- $1,499,342
- Management and general (functional)
- $15,677
- Fundraising (functional)
- $2,375
Balance sheet and other
- Total assets, start of year
- $4,027,791
- Total assets, end of year
- $2,828,385
- Total liabilities, end of year
- $711
- Net assets, end of year
- $2,827,674
- Gross receipts
- $313,491
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2017
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRAFT JULIE | DIRECTOR OF ORGANIZATIONAL Officer | 7 | $9,499 |
| MCGRATH MICHAEL | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| PEFFER TOM | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SOVERN STEVE | TREASURER Trustee or director, Officer | 1.5 | $0 |
| CLANCY LEE | DIRECTOR Trustee or director | 0.5 | $0 |
| ROGERS MARCIA | DIRECTOR Trustee or director | 0.25 | $0 |
| STEPANEK DEREK | DIRECTOR Trustee or director | 0.75 | $0 |
| WYRICK FELICIA | DIRECTOR Trustee or director | 0.75 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KRAFT JULIE | DIRECTOR OF ORGANIZATIONAL Officer | 7 | $12,362 |
| MCGRATH MICHAEL | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| PEFFER TOM | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SOVERN STEVE | TREASURER Trustee or director, Officer | 1.5 | $0 |
| CLANCY LEE | DIRECTOR Trustee or director | 0.5 | $0 |
| ROGERS MARCIA | DIRECTOR Trustee or director | 0.25 | $0 |
| STEPANEK DEREK | DIRECTOR Trustee or director | 0.75 | $0 |
| WYRICK FELICIA | DIRECTOR Trustee or director | 0.75 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 11186, CEDAR RAPIDS, IA 52410-1186
- Principal officer (990 for 2024)
- JULIE KRAFT, PO BOX 11186, CEDAR RAPIDS, IA 52410
- Signed the 990
- JULIE KRAFT, DIRECTOR OF ORGANIZATIONAL DEVELOPM
- Phone
- (319) 359-7206
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
CONNECTCR WILL IMPROVE THE QUALITY OF LIFE IN LINN COUNTY AND BEYOND BY EXPANDING CONNECTIVITY FOR RECREATION, IMPROVING UNDER-UTILIZED COMMUNITY ASSETS, LEVERAGING FLOOD MITIGATION, AND CREATING AN ICONIC SYMBOL FOR THE CITY.
Program accomplishments
- CONNECTCR WILL IMPROVE THE QUALITY OF LIFE IN LINN COUNTY AND BEYOND BY EXPANDING CONNECTIVITY FOR RECREATION, IMPROVING UNDER-UTILIZED COMMUNITY ASSETS, LEVERAGING FLOOD MITIGATION, AND CREATING AN ICONIC SYMBOL FOR THE CITY.Expenses $1,499,342 · grants $1,440,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-3025860
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $2,828,385
- Income (IRS master file)
- $313,491
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,017,370 | $1,733,199 | $4,027,791 | IRS |
| 990 | December 2022 | $2,447,963 | $2,109,926 | $4,747,122 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CONNECTCR INC
- What is the EIN of CONNECTCR INC?
- The employer identification number (EIN) of CONNECTCR INC is 82-3025860.
- Is CONNECTCR INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to CONNECTCR INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CONNECTCR 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 CONNECTCR 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 CONNECTCR 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 CONNECTCR INC?
- The 990 for the year ended December 31, 2024 names JULIE KRAFT.
- Who are the officers and directors of CONNECTCR INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $9,499 (KRAFT JULIE, DIRECTOR OF ORGANIZATIONAL).
- How much revenue does CONNECTCR INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $313,491, expenses of $1,517,394 and total assets of $2,828,385 at year end.
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