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Nonprofit · EIN 23-7354589

OELWEIN SENIOR CITIZENS HOUSING CORPORATION

Tax-exempt · INDEPENDENCE, IA 50644

Financials

$239K$228K2023$253K$228K2024
Revenue Expenses · by fiscal year end
Financials of OELWEIN SENIOR CITIZENS HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$252,533$227,681$24,852$743,112$62,134$680,978
December 31, 2023990$239,433$228,177$11,256$722,814$66,688$656,126
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$251,385
Investment income
$1,148
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,827
Occupancy
$113,175
Depreciation
$41,302
Program services (functional)
$217,335
Management and general (functional)
$10,346

Balance sheet and other

Total assets, start of year
$722,814
Total assets, end of year
$743,112
Total liabilities, end of year
$62,134
Net assets, end of year
$680,978
Land, buildings and equipment
$417,243
Net assets without donor restrictions
$680,978
Gross receipts
$252,533
Employees
0
Year formed
1973
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
WALLACE RUNDLEVICE PRESIDE
Trustee or director, Officer
4$6,000
PAUL GRAYPRESIDENT
Trustee or director, Officer
0.1$0
STEVE HOLLANDDIRECTOR
Trustee or director
0.1$0
JAMES KULLMERDIRECTOR
Trustee or director
0.1$0
JANICE MINTONDIRECTOR
Trustee or director
0.1$0
JIM MUELLERDIRECTOR
Trustee or director
0.1$0
BARBARA RUNDLESECRETARY/TR
Trustee or director, Officer
0.1$0
SARAH SCHEELDIRECTOR
Trustee or director
0.1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
WALLACE RUNDLEVICE PRESIDE
Trustee or director, Officer
4$6,000
PAUL GRAYPRESIDENT
Trustee or director, Officer
0.1$0
STEVE HOLLANDDIRECTOR
Trustee or director
0.1$0
JAMES KULLMERDIRECTOR
Trustee or director
0.1$0
JANICE MINTONDIRECTOR
Trustee or director
0.1$0
JIM MUELLERDIRECTOR
Trustee or director
0.1$0
BARBARA RUNDLESECRETARY/TR
Trustee or director, Officer
0.1$0
SARAH SCHEELDIRECTOR
Trustee or director
0.1$0

Address and contacts

Address (IRS master file)
302 1ST ST E, INDEPENDENCE, IA 50644-2815
In care of
% MRS HERBERT HAAS
Principal officer (990 for 2024)
PAUL GRAY, 1502 OUTER ROAD, OELWEIN, IA 50662
Signed the 990
TIFFANY NABHOLZ, MANAGER
Phone
(319) 334-7110
Return prepared by
GOSLING & COMPANY PC

Mission

HOUSING FOR ELDERLY RURAL RESIDENTS

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE AND OPERATE RENTAL HOUSING UNITS AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME.
    Expenses $217,335 · revenue $251,385

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
23-7354589
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$743,112
Income (IRS master file)
$252,533

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$252,533$227,681$743,112XML
990December 2023$239,433$228,177$722,814XML
990December 2022$243,812$211,518$727,380IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-7354589).

Questions about OELWEIN SENIOR CITIZENS HOUSING CORPORATION

What is the EIN of OELWEIN SENIOR CITIZENS HOUSING CORPORATION?
The employer identification number (EIN) of OELWEIN SENIOR CITIZENS HOUSING CORPORATION is 23-7354589.
Is OELWEIN SENIOR CITIZENS HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1977.
Are donations to OELWEIN SENIOR CITIZENS HOUSING CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OELWEIN SENIOR CITIZENS HOUSING CORPORATION 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 OELWEIN SENIOR CITIZENS HOUSING CORPORATION 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 OELWEIN SENIOR CITIZENS HOUSING CORPORATION 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 OELWEIN SENIOR CITIZENS HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 names PAUL GRAY.
Who are the officers and directors of OELWEIN SENIOR CITIZENS HOUSING CORPORATION?
The 990 for the year ended December 31, 2024 lists 8 people; 1 received compensation from the organization, the highest $6,000 (WALLACE RUNDLE, VICE PRESIDE).
How much revenue does OELWEIN SENIOR CITIZENS HOUSING CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $252,533, expenses of $227,681 and total assets of $743,112 at year end.

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