Nonprofit · EIN 92-0683551
VISION ATLANTIC INC
Tax-exempt · ATLANTIC, IA 50022
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINA BATEMAN | PRESIDENT Trustee or director, Officer | 50 | $0 |
| NICK HUNT | VICE PRESIDENT Trustee or director, Officer | 12 | $0 |
| MELISSA IHNEN | SECRETARY Trustee or director, Officer | 2 | $0 |
| DEBBIE WATERBURY | TREASURER Trustee or director | 5 | $0 |
| KEITH HARLAN | DIRECTOR Trustee or director | 3 | $0 |
| JESSIE SHIELS | DIRECTOR Trustee or director | 3 | $0 |
| ELIZABETH REID | DIRECTOR 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
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 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
- 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
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $11,269,393
- Income (IRS master file)
- $9,880,075
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,050,620 | $17,426 | $2,033,194 | IRS |
| 990-EZ | December 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.
Other nonprofits in ATLANTIC
- CASS COUNTY HOUSING CORPORATION EIN 42-1459079 · last filed 990 for 2025
- FAMILY CRISIS SUPPORT NETWORK EIN 42-1353169 · last filed 990-N for 2024
- ZION INTEGRATED BEHAVIORAL HEALTH SERVICES INC EIN 42-1012435 · last filed 990 for 2024
- SUNSHINE HOMES INC EIN 42-6399608 · last filed 990 for 2025
- NISHNA VALLEY FAMILY YOUNG MENS CHRISTIAN ASSOCIATION EIN 42-0844143 · last filed 990 for 2025
- PARTNERSHIP FOR PROGRESS INC EIN 42-1504022 · last filed 990 for 2025
- ATLANTIC GOLF & COUNTRY CLUB EIN 42-0276532 · last filed 990 for 2025
- SOUTHWEST IOWA HOUSING TRUST FUND INC EIN 02-0749992 · last filed 990 for 2025