Nonprofit · EIN 42-1054221
RIVERSIDE ELDERLY DEVELOPMENT CORP
Tax-exempt · WEST LIBERTY, IA 52776
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $194,855 | $155,855 | $39,000 | $167,999 | $21,657 | $146,342 |
| December 31, 2024 | 990-EZ | $182,623 | $159,215 | $23,408 | $135,265 | $27,923 | $107,342 |
| December 31, 2023 | 990-EZ | $163,833 | $171,869 | -$8,036 | $255,953 | $172,019 | $83,934 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $194,855
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $8,452
- Professional fees and payments to contractors
- $56,822
- Occupancy
- $90,581
- Program services (functional)
- $155,855
Balance sheet and other
- Total assets, start of year
- $135,265
- Total assets, end of year
- $167,999
- Total liabilities, end of year
- $21,657
- Net assets, end of year
- $146,342
- Cash, savings and investments
- $50,572
- Land and buildings
- $117,427
- Gross receipts
- $194,855
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marcia Musser | President | 5 | $0 |
| Kelli Schwarz | Secretary | 2 | $0 |
| Mary Beth Sammons | Treasurer | 2 | $0 |
| Joette Armbruster | Director | 2 | $0 |
| Beverly Schneider | Vice President | 2 | $0 |
| Jeanine Thurston | Executive Director | 10 | $0 |
990-EZ for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marcia Musser | President | 2 | $0 |
| Kelli Schwarz | Secretary | 2 | $0 |
| Mary Beth Sammons | Treasurer | 2 | $0 |
| Joette Armbruster | Director | 1 | $0 |
| Beverly Schneider | Vice President | 1 | $0 |
| Jeanine Thurston | Executive Director | 5 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marcia Musser | President | 2 | $0 |
| Kelli Schwarz | Secretary | 2 | $0 |
| Mary Beth Sammons | Treasurer | 2 | $0 |
| Joette Armbruster | Director | 2 | $0 |
| Beverly Schneider | Vice President | 1 | $0 |
| Jeanine Thurston | Executive Director | 12 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 123, WEST LIBERTY, IA 52776-0123
- In care of
- % PAT BROPHY
- Signed the 990-EZ
- Jeanine Thurston, Executive Director
- Phone
- (319) 627-2626
Mission
Provide housing for low to moderate income persons
Program accomplishments
- Provide housing for low to moderate income persons on sliding fee scaleExpenses $155,855
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 42-1054221
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $167,999
- Income (IRS master file)
- $194,855
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $194,855 | $155,855 | $167,999 | XML |
| 990-EZ | December 2024 | $182,623 | $159,215 | $135,265 | IRS |
| 990-EZ | December 2023 | $163,833 | $171,869 | $255,953 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 42-1054221).
Questions about RIVERSIDE ELDERLY DEVELOPMENT CORP
- What is the EIN of RIVERSIDE ELDERLY DEVELOPMENT CORP?
- The employer identification number (EIN) of RIVERSIDE ELDERLY DEVELOPMENT CORP is 42-1054221.
- Is RIVERSIDE ELDERLY DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1978.
- Are donations to RIVERSIDE ELDERLY DEVELOPMENT CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does RIVERSIDE ELDERLY DEVELOPMENT CORP 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 RIVERSIDE ELDERLY DEVELOPMENT CORP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RIVERSIDE ELDERLY DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of RIVERSIDE ELDERLY DEVELOPMENT CORP?
- The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does RIVERSIDE ELDERLY DEVELOPMENT CORP have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $194,855, expenses of $155,855 and total assets of $167,999 at year end.
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