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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 42-1081216

READLYN AREA HOUSING CORP

Tax-exempt · INDEPENDENCE, IA 50644

Financials

$53K$53K2023$45K$47K2024
Revenue Expenses · by fiscal year end
Financials of READLYN AREA HOUSING CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$44,525$47,406-$2,881$264,869$34,091$230,778
December 31, 2023990-EZ$52,863$52,586$277$275,858$42,199$233,659
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Program service revenue
$42,772
Investment income
$23
Other revenue
$1,730

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$3,413
Occupancy
$17,280
Other expenses
$26,713
Program services (functional)
$45,994

Balance sheet and other

Total assets, start of year
$275,858
Total assets, end of year
$264,869
Total liabilities, end of year
$34,091
Net assets, end of year
$230,778
Cash, savings and investments
$80,885
Land and buildings
$139,070
Gross receipts
$44,525

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAMES HAGENOWDIRECTOR0.1$0
DON BILLHORNDIRECTOR0.1$0
REX BLAYLOCKDIRECTOR0.1$0
DARREL MEYERVICE PRESIDE0.1$0
DON HEINEMANPRESIDENT0.1$0
DAVID WITTENBURGDIRECTOR0.1$0
LAURI PHELANSECRETARY/TR0.1$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
JAMES HAGENOWDIRECTOR0.1$0
DON BILLHORNDIRECTOR0.1$0
REX BLAYLOCKDIRECTOR0.1$0
DARREL MEYERVICE PRESIDE0.1$0
DON HEINEMANPRESIDENT0.1$0
DAVID WITTENBURGDIRECTOR0.1$0
LAURI PHELANSECRETARY/TR0.1$0

Address and contacts

Address (IRS master file)
302 1ST ST E, INDEPENDENCE, IA 50644-2815
Mailing address (990-N for 2022)
302 1st St East, Independence IA 50644
Principal officer (990-N for 2022)
Tiffany Naholz, 302 1st St East, Independence IA 50644
Signed the 990-EZ
TIFFANY NABHOLZ, MANAGER
Phone
(319) 334-7110
Return prepared by
GOSLING & COMPANY PC

Mission

HOUSING FOR ELDERLY RURAL RESIDENTS

990-EZ 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 AND MODERATE INCOME
    Expenses $45,994

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for READLYN AREA HOUSING CORP

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
42-1081216
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1977
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$264,869
Income (IRS master file)
$44,525

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$44,525$47,406$264,869IRS
990-EZDecember 2023$52,863$52,586$275,858XML
990-N for 2022
Officer: Tiffany Naholz
December 31, 2022≤ $50,000 receipts––e-Postcard
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 42-1081216).

Questions about READLYN AREA HOUSING CORP

What is the EIN of READLYN AREA HOUSING CORP?
The employer identification number (EIN) of READLYN AREA HOUSING CORP is 42-1081216.
Is READLYN AREA HOUSING CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1977.
Are donations to READLYN AREA HOUSING CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does READLYN AREA HOUSING CORP file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of READLYN AREA HOUSING CORP 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 READLYN AREA HOUSING CORP last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of READLYN AREA HOUSING CORP?
The 990-N for 2022 names Tiffany Naholz.
Who are the officers and directors of READLYN AREA HOUSING CORP?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does READLYN AREA HOUSING CORP have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $44,525, expenses of $47,406 and total assets of $264,869 at year end.

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