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Nonprofit · EIN 83-2017045

MONSIGNOR MCCANN COMMUNITY FUND

Tax-exempt · NEWTON, IA 50208

Financials

$199K$74K2023$204K$94K2024
Revenue Expenses · by fiscal year end
Financials of MONSIGNOR MCCANN COMMUNITY FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$204,068$93,870$110,198$2,882,074$0$2,882,074
December 31, 2023990$198,989$74,425$124,564$2,771,877$0$2,771,877
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$700
Program service revenue
$0
Investment income
$203,368
Other revenue
$0

Expenses

Grants and similar amounts paid
$82,387
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$150
Accounting fees
$700
Program services (functional)
$93,870

Balance sheet and other

Total assets, start of year
$2,771,877
Total assets, end of year
$2,882,074
Total liabilities, end of year
$0
Net assets, end of year
$2,882,074
Publicly traded securities
$2,053,605
Gross receipts
$204,068
Employees
0
Volunteers
8
Year formed
2018
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 / weekCompensation
MARK THAYERPRESIDENT
Trustee or director, Officer
–$0
MAUREEN DOTYDIRECTOR
Trustee or director
–$0
TIMOTHY BLOOMTREASURER
Trustee or director, Officer
–$0
TERRY TOWNSENDVICE PRESIDENT
Trustee or director, Officer
–$0
JENNA SEALSSECRETARY
Trustee or director, Officer
–$0
FR MARTY GOETZDIRECTOR
Trustee or director
–$0
JOANNE PRICEDIRECTOR
Trustee or director
–$0
LANCE SCHAFFERDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
MARK THAYERPRESIDENT
Trustee or director, Officer
–$0
MAUREEN DOTYDIRECTOR
Trustee or director
–$0
TIMOTHY BLOOMTREASURER
Trustee or director, Officer
–$0
TERRY TOWNSENDVICE PRESIDENT
Trustee or director, Officer
–$0
JENNA SEALSSECRETARY
Trustee or director, Officer
–$0
FR MARTY GOETZDIRECTOR
Trustee or director
–$0
JOANNE PRICEDIRECTOR
Trustee or director
–$0
LANCE SCHAFFERDIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
PO BOX 1478, NEWTON, IA 50208-1478
In care of
% MARK W THAYER
Principal officer (990 for 2024)
TIMOTHY BLOOM, PO BOX 1478, NEWTON, IA 50208
Signed the 990
TIMOTHY BLOOM, TREASURER
Phone
(641) 792-2050
Return prepared by
OTTO LAW OFFICE PLLC

Mission

RECEIVE FUNDS FROM THE SALE OF CERTAIN ASSETS BY MCCANN VILLAGE CORPORATION AND PROVIDE YEARLY CASH GRANTS TO ORGANIZATIONS AND INDIVIDUALS WHO PERFORM CHARITABLE SERVICES TO THE CITIZENS OF NEWTON, IOWA AND JASPER COUNTY, IOWA.

990 for the year ended December 31, 2024

Program accomplishments

  • CASH GRANTS TO CHARITABLE SERVICE ORGANIZATIONS
    Expenses $93,870 · grants $82,387

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
83-2017045
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,882,074
Income (IRS master file)
$204,068

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$204,068$93,870$2,882,074XML
990December 2023$198,989$74,425$2,771,877XML
990December 2022$0$80,877$2,647,313IRS
990December 2021–––IRS
990December 2020–––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 83-2017045).

Questions about MONSIGNOR MCCANN COMMUNITY FUND

What is the EIN of MONSIGNOR MCCANN COMMUNITY FUND?
The employer identification number (EIN) of MONSIGNOR MCCANN COMMUNITY FUND is 83-2017045.
Is MONSIGNOR MCCANN COMMUNITY FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to MONSIGNOR MCCANN COMMUNITY FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MONSIGNOR MCCANN COMMUNITY FUND 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 MONSIGNOR MCCANN COMMUNITY FUND 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 MONSIGNOR MCCANN COMMUNITY FUND 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 MONSIGNOR MCCANN COMMUNITY FUND?
The 990 for the year ended December 31, 2024 names TIMOTHY BLOOM.
Who are the officers and directors of MONSIGNOR MCCANN COMMUNITY FUND?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does MONSIGNOR MCCANN COMMUNITY FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $204,068, expenses of $93,870 and total assets of $2,882,074 at year end.

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