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Nonprofit · EIN 42-1054221

RIVERSIDE ELDERLY DEVELOPMENT CORP

Tax-exempt · WEST LIBERTY, IA 52776

Financials

$164K$172K2023$183K$159K2024$195K$156K2025
Revenue Expenses · by fiscal year end
Financials of RIVERSIDE ELDERLY DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$194,855$155,855$39,000$167,999$21,657$146,342
December 31, 2024990-EZ$182,623$159,215$23,408$135,265$27,923$107,342
December 31, 2023990-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.

NameTitleHours / weekCompensation
Marcia MusserPresident5$0
Kelli SchwarzSecretary2$0
Mary Beth SammonsTreasurer2$0
Joette ArmbrusterDirector2$0
Beverly SchneiderVice President2$0
Jeanine ThurstonExecutive Director10$0
990-EZ for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Marcia MusserPresident2$0
Kelli SchwarzSecretary2$0
Mary Beth SammonsTreasurer2$0
Joette ArmbrusterDirector1$0
Beverly SchneiderVice President1$0
Jeanine ThurstonExecutive Director5$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Marcia MusserPresident2$0
Kelli SchwarzSecretary2$0
Mary Beth SammonsTreasurer2$0
Joette ArmbrusterDirector2$0
Beverly SchneiderVice President1$0
Jeanine ThurstonExecutive Director12$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

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Provide housing for low to moderate income persons on sliding fee scale
    Expenses $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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$194,855$155,855$167,999XML
990-EZDecember 2024$182,623$159,215$135,265IRS
990-EZDecember 2023$163,833$171,869$255,953XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 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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