Nonprofit · EIN 84-2210613
IOWA FIRST FUND
Tax-exempt · WEST DES MOINES, IA 50265
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $477,450 | $178,435 | $299,015 | $1,292,575 | $0 | $1,292,575 |
| December 31, 2024 | 990 | $639,100 | $537,375 | $101,725 | $993,560 | $0 | $993,560 |
| December 31, 2023 | 990 | $364,750 | $121,480 | $243,270 | $891,835 | $0 | $891,835 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $477,450
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $15,000
- Salaries, compensation and benefits (total)
- $15,000
- Professional fundraising fees
- $0
- Accounting fees
- $975
- Travel
- $15,095
- Program services (functional)
- $177,460
- Management and general (functional)
- $975
Balance sheet and other
- Total assets, start of year
- $993,560
- Total assets, end of year
- $1,292,575
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,292,575
- Net assets without donor restrictions
- $1,292,575
- Gross receipts
- $477,450
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2019
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W CHARLES SMITHSON | PRESIDENT AND TREASURER Trustee or director, Officer, Highest-paid employee | 2 | $15,000 |
| BENJAMIN KLIMESH | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W CHARLES SMITHSON | PRESIDENT AND TREASURER Trustee or director, Officer, Highest-paid employee | 2 | $28,000 |
| GEOFF JENSEN | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| W CHARLES SMITHSON | PRESIDENT AND TREASURER Trustee or director, Officer, Highest-paid employee | 2 | $30,000 |
| GEOFF JENSEN | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1201 OFFICE PARK ROAD, WEST DES MOINES, IA 50265-2405
- In care of
- % HAGENOW & GUSTOFF
- Principal officer (990 for 2025)
- W CHARLES SMITHSON, 4401 Westown Parkway Suite 300, West Des Moines, IA 50266
- Signed the 990
- W CHARLES R SMITHSON, PRESIDENT
- Phone
- (515) 681-2354
- Return prepared by
- DELMAR R MOHLER CPA
Mission
IOWA FIRST FUND WAS ORGANIZED FOR THE PURPOSE OF EDUCATING AND INFORMING IOWA VOTERS ABOUT LIMITED GOVERNMENT AND EXPANDING ECONOMIC OPPORTUNITY.
Program accomplishments
- PROVIDING EDUCATION AND INFORMATION FOR IOWA VOTERS ABOUT LIMITED GOVERNMENT AND EXPANDING ECONOMIC OPPORTUNITY.Expenses $177,460 · revenue $477,450
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 | 990 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
- 84-2210613
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,292,575
- Income (IRS master file)
- $477,450
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $477,450 | $178,435 | $1,292,575 | XML |
| 990 | December 2024 | $639,100 | $537,375 | $993,560 | XML |
| 990 | December 2023 | $364,750 | $121,480 | $891,835 | XML |
| 990 | December 2022 | $722,050 | $336,400 | $648,565 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | 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 84-2210613).
Questions about IOWA FIRST FUND
- What is the EIN of IOWA FIRST FUND?
- The employer identification number (EIN) of IOWA FIRST FUND is 84-2210613.
- Is IOWA FIRST FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2020.
- Which annual return does IOWA FIRST 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 IOWA FIRST FUND 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 IOWA FIRST FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IOWA FIRST FUND?
- The 990 for the year ended December 31, 2025 names W CHARLES SMITHSON.
- Who are the officers and directors of IOWA FIRST FUND?
- The 990 for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $15,000 (W CHARLES SMITHSON, PRESIDENT AND TREASURER).
- How much revenue does IOWA FIRST FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $477,450, expenses of $178,435 and total assets of $1,292,575 at year end.
Other nonprofits in WEST DES MOINES
- COOPERATIVE WELFARE BENEFITS FUND EIN 42-1294150 · last filed 990 for 2024
- ATHENE CHARITABLE FOUNDATION EIN 42-1431745 · last filed 990-PF for 2025
- TELLIGEN COMMUNITY INITIATIVE EIN 20-2017785 · last filed 990-PF for 2025
- CAITLIN CLARK FOUNDATION INC EIN 93-2840468 · last filed 990 for 2024
- IOWA ASSOCIATION OF INDEPENDENT COLLEGES AND UNIVERSITIES EIN 42-0870246 · last filed 990 for 2025
- SHEET METAL CONTRACTORS OF IOWA INDUSTRY FUND EIN 42-1076918 · last filed 990 for 2025
- AMERICAN FUTURE FUND EIN 26-0620554 · last filed 990 for 2024
- SINGLE PARENT PROVISION EIN 46-5299868 · last filed 990 for 2025