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Nonprofit · EIN 42-0369519

H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST

Tax-exempt · HARLAN, IA 51537

Financials

$50K$44K2022$66K$45K2023$79K$64K2024
Revenue Expenses · by fiscal year end
Financials of H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990-PF$79,367$63,853$15,514$1,589,646$1,607$1,588,039
October 31, 2024990-PF$66,287$44,954$21,333$1,544,779$0$1,544,779
October 31, 2023990-PF$49,912$43,881$6,031$1,585,392$0$1,585,392
Financial details: 990-PF for the year ended October 31, 2025

Revenue

Interest
$41,966
Net gain from sales of assets
$37,401

Expenses

Grants and similar amounts paid
$27,745
Disbursements for charitable purposes
$27,745
Excise tax on investment income
$583

Balance sheet and other

Total assets, start of year
$1,544,779
Total assets, end of year
$1,589,646
Total liabilities, end of year
$1,607
Net assets, end of year
$1,588,039
Fair market value of assets
$1,675,610
Qualifying distributions
$27,745
Net investment income
$41,966

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-PF for the year ended October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
JAMES REISCHL
LOCAL, HARLAN, IA 51537
PRESIDENT0$0
990-PF for the year ended October 31, 2024: 7 people
NameTitleHours / weekCompensation
AL HAZELTON
LOCAL, HARLAN, IA 51537
V. PRES0$0
JOE HERZBERG
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
JAMES REISCHL
LOCAL, HARLAN, IA 51537
PRESIDENT0$0
MONTE SCHECHINGER
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
JONI LARSEN
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
GREG BLADT
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
JADE ALBERTSEN
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
990-PF for the year ended October 31, 2023: 7 people
NameTitleHours / weekCompensation
AL HAZELTON
LOCAL, HARLAN, IA 51537
V. PRES0$0
JENN ARKFELD
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
JAMES REISCHL
LOCAL, HARLAN, IA 51537
PRESIDENT0$0
ROGER KENKEL
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
JENNIFER ANDERSON
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
GREG BLADT
LOCAL, HARLAN, IA 51537
DIRECTOR0$0
JADE ALBERTSEN
LOCAL, HARLAN, IA 51537
DIRECTOR0$0

Address and contacts

Address (IRS master file)
PO BOX 551, HARLAN, IA 51537-0551
Signed the 990-PF
JAMES REISCHL, PRESIDENT
Phone
(712) 487-1200
Return prepared by
BROECKELMAN & ASSOCIATES PC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025October 31, 2026March 15, 2027Not due yet
2024October 31, 2025March 16, 2026990-PF on file
2023October 31, 2024March 17, 2025990-PF on file

IRS record

EIN
42-0369519
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1985
Accounting year ends
October
Files
Form 990-PF
Assets (IRS master file)
$1,589,646
Income (IRS master file)
$571,872

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFOctober 2025$79,367$63,853$1,589,646XML
990-PFOctober 2024$66,287$44,954$1,544,779XML
990-PFOctober 2023$49,912$43,881$1,585,392XML
990-PFOctober 2022–––IRS
990-PFOctober 2021–––IRS
990-PFOctober 2020–––IRS
990-PFOctober 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 42-0369519).

Questions about H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST

What is the EIN of H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST?
The employer identification number (EIN) of H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST is 42-0369519.
Is H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended October 2025.
Who are the officers and directors of H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST?
The 990-PF for the year ended October 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does H CARL & WILLIAM LAGE LOAN & SCHOLARSHIP FUND TRUST have?
On its 990-PF for the year ended October 31, 2025 it reported revenue of $79,367, expenses of $63,853 and total assets of $1,589,646 at year end.

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