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Nonprofit · EIN 92-0683551

VISION ATLANTIC INC

Tax-exempt · ATLANTIC, IA 50022

Financials

$9.9M$744K2024
Revenue Expenses · by fiscal year end
Financials of VISION ATLANTIC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,880,075$744,052$9,136,023$11,269,393$100,176$11,169,217
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,843,901
of which government grants
$150,000
Program service revenue
$0
Investment income
$36,174
Other revenue
$0

Expenses

Grants and similar amounts paid
$677,526
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$450
Program services (functional)
$684,569
Management and general (functional)
$11,483
Fundraising (functional)
$48,000

Balance sheet and other

Total assets, start of year
$2,033,194
Total assets, end of year
$11,269,393
Total liabilities, end of year
$100,176
Net assets, end of year
$11,169,217
Net assets with donor restrictions
$11,169,217
Gross receipts
$9,880,075
Employees
0
Volunteers
70
Year formed
2022
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
CHRISTINA BATEMANPRESIDENT
Trustee or director, Officer
50$0
NICK HUNTVICE PRESIDENT
Trustee or director, Officer
12$0
MELISSA IHNENSECRETARY
Trustee or director, Officer
2$0
DEBBIE WATERBURYTREASURER
Trustee or director
5$0
KEITH HARLANDIRECTOR
Trustee or director
3$0
JESSIE SHIELSDIRECTOR
Trustee or director
3$0
ELIZABETH REIDDIRECTOR
Trustee or director
1.5$0

Address and contacts

Address (IRS master file)
PO BOX 344, ATLANTIC, IA 50022-0344
In care of
% CHRISTINA BATEMAN
Principal officer (990 for 2024)
CHRISTINA BATEMAN, PO BOX 344, ATLANTIC, IA 50022
Signed the 990
CHRISTINA BATEMAN, PRESIDENT
Phone
(712) 249-5228
Return prepared by
Gronewold Bell Kyhnn & Co PC

Mission

EMPOWER GROWTH, ENHANCE LIVES, AND CREATE A THRIVING COMMUNITY TOGETHER THROUGH THE ECONOMIC DEVELOPMENT OF ATLANTIC, IOWA

990 for the year ended December 31, 2024

Program accomplishments

  • VISION ATLANTIC BEGAN THE PROCESS OF RAISING FUNDS FOR A CHILD CARE CENTER, YMCA EXPANSION AND SINGLE FAMILY HOUSING DEVELOPMENT. BY THE END OF 2024, PLANS HAD BEEN DRAWN FOR ALL THREE PROJECTS, AND DIRTWORK HAD STARTED FOR INFRASTRUCTURE FOR THE HOUSING PROJECT.
    Expenses $684,569 · grants $677,526 · revenue $9,843,901

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
92-0683551
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,269,393
Income (IRS master file)
$9,880,075

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$2,050,620$17,426$2,033,194IRS
990-EZDecember 2022–––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 VISION ATLANTIC INC

What is the EIN of VISION ATLANTIC INC?
The employer identification number (EIN) of VISION ATLANTIC INC is 92-0683551.
Is VISION ATLANTIC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to VISION ATLANTIC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VISION ATLANTIC 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 VISION ATLANTIC 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 VISION ATLANTIC 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 VISION ATLANTIC INC?
The 990 for the year ended December 31, 2024 names CHRISTINA BATEMAN.
Who are the officers and directors of VISION ATLANTIC INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does VISION ATLANTIC INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,880,075, expenses of $744,052 and total assets of $11,269,393 at year end.

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