Nonprofit · EIN 20-4700881
EASTWOOD OF AMES INC
Tax-exempt · SPENCER, IA 51301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,360,378 | $3,917,028 | -$556,650 | $20,941,687 | $13,912,437 | $7,029,250 |
| December 31, 2023 | 990 | $4,641,859 | $3,896,604 | $745,255 | $21,728,547 | $14,142,647 | $7,585,900 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,308,748
- Investment income
- $51,630
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $337
- Accounting fees
- $17,000
- Occupancy
- $2,321,848
- Travel
- $16,438
- Depreciation
- $870,263
- Program services (functional)
- $3,917,028
Balance sheet and other
- Total assets, start of year
- $21,728,547
- Total assets, end of year
- $20,941,687
- Total liabilities, end of year
- $13,912,437
- Net assets, end of year
- $7,029,250
- Land, buildings and equipment
- $18,121,291
- Net assets without donor restrictions
- $7,029,250
- Gross receipts
- $3,360,378
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2006
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SAMANTHA ERICKSON | CHIEF OPERATING OFFICER Officer | 2.5 | $0 | $219,576 | $29,141 |
| MARK VREEMAN | CHIEF FINANCIAL OFFICER Officer | 2.5 | $0 | $152,614 | $31,211 |
| DAVID BRIDGEWATER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TIM SHANAHAN | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN ZULK | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| EMILY ZIMMON | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| SAY BACCAM | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRADIE CHWIRKA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DENISE FULLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ABBIE GAFFEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| OMAR PADILLA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SAMANTHA ERICKSON | CHIEF OPERATING OFFICER Officer | 2.5 | $0 | $200,248 | $27,220 |
| MARK VREEMAN | CHIEF FINANCIAL OFFICER Officer | 2.5 | $0 | $146,314 | $28,968 |
| DAVID BRIDGEWATER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TIM SHANAHAN | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN ZULK | BOARD TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| EMILY ZIMMON | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| PENNY CLAYTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DENISE FULLER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ABBIE GAFFEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| OMAR PADILLA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LAUREN WHITE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 328 GRAND AVE, SPENCER, IA 51301-4141
- In care of
- % DOUG LABOUNTY
- Principal officer (990 for 2024)
- SAMANTHA ERICKSON, 328 GRAND AVE, SPENCER, IA 51301
- Signed the 990
- MARK VREEMAN, CHIEF FINANCIAL OFFICER
- Phone
- (712) 262-5640
- Return prepared by
- RSM US LLP
Mission
EASTWOOD OF AMES, INC.'S OBJECTIVE IS TO PROVIDE DECENT, SAFE & AFFORDABLE HOUSING FOR LOW-INCOME & VERY LOW-INCOME INDIVIDUALS.
Program accomplishments
- HOUSING:PROVIDE DECENT, SAFE & AFFORDABLE HOUSING FOR LOW-INCOME & VERY LOW-INCOME INDIVIDUALS.Expenses $3,917,028 · revenue $3,308,748
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
- 20-4700881
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L990)
- Assets (IRS master file)
- $20,941,687
- Income (IRS master file)
- $3,360,378
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,360,378 | $3,917,028 | $20,941,687 | XML |
| 990 | December 2023 | $4,641,859 | $3,896,604 | $21,728,547 | XML |
| 990 | December 2022 | $4,114,072 | $3,383,296 | $20,015,849 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | 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 20-4700881).
Questions about EASTWOOD OF AMES INC
- What is the EIN of EASTWOOD OF AMES INC?
- The employer identification number (EIN) of EASTWOOD OF AMES INC is 20-4700881.
- Is EASTWOOD OF AMES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to EASTWOOD OF AMES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EASTWOOD OF AMES 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 EASTWOOD OF AMES 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 EASTWOOD OF AMES 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 EASTWOOD OF AMES INC?
- The 990 for the year ended December 31, 2024 names SAMANTHA ERICKSON.
- Who are the officers and directors of EASTWOOD OF AMES INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does EASTWOOD OF AMES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,360,378, expenses of $3,917,028 and total assets of $20,941,687 at year end.
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