Nonprofit · EIN 42-1126653
P I FOUNDATION
Tax-exempt · NEWTON, IA 50208
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,640,848 | $854,748 | $786,100 | $13,307,994 | $44,324 | $13,263,670 |
| June 30, 2024 | 990 | $962,125 | $652,426 | $309,699 | $12,339,314 | $312,864 | $12,026,450 |
| June 30, 2023 | 990 | $1,172,120 | $565,605 | $606,515 | $11,927,871 | $768,179 | $11,159,692 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $497,266
- Program service revenue
- $514,210
- Investment income
- $625,384
- Net gain from sales of assets
- $270,884
- Other revenue
- $3,988
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $59,591
- Other salaries and wages
- $59,708
- Salaries, compensation and benefits (total)
- $119,299
- Professional fundraising fees
- $0
- Accounting fees
- $23,283
- Occupancy
- $42,190
- Depreciation
- $157,180
- Program services (functional)
- $681,030
- Management and general (functional)
- $170,159
- Fundraising (functional)
- $3,559
Balance sheet and other
- Total assets, start of year
- $12,339,314
- Total assets, end of year
- $13,307,994
- Total liabilities, end of year
- $44,324
- Net assets, end of year
- $13,263,670
- Land, buildings and equipment
- $2,674,062
- Publicly traded securities
- $9,895,682
- Net assets without donor restrictions
- $12,737,574
- Net assets with donor restrictions
- $526,096
- Gross receipts
- $2,135,509
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1979
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SANDRA K HAM | PRESIDENT/CEO/ASST SECRETA Trustee or director, Officer | 9 | $29,617 | $8,897 |
| STEFANIE SQUIRE | CONTROLLER Officer | 4 | $17,010 | $4,068 |
| GERI A DOYLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN D MCNEER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRIAN BUCH | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| JEFF HOEBELHEINRICH | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| AMY DAVIS | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| ROB M KAHN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS P VERNON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHERYL RITTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN LEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KELLY MITCHELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL TREASE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JODY EATON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH ISLEY | PRESIDENT/CEO/ASST SECRETA Trustee or director, Officer | 9 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SANDRA K HAM | PRESIDENT/CEO/ASST SECRETA Trustee or director, Officer | 9 | $28,603 | $8,844 |
| STEFANIE SQUIRE | CONTROLLER Officer | 4 | $15,956 | $3,989 |
| GERI A DOYLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN D MCNEER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRIAN BUCH | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| JEFF HOEBELHEINRICH | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| AMY DAVIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROB M KAHN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS P VERNON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHERYL RITTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN LEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KELLY MITCHELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROL TREASE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JODY EATON | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SANDRA K HAM | PRESIDENT/CEO/ASST SECRETA Trustee or director, Officer | 9 | $30,164 | $16,223 |
| STEFANIE SQUIRE | CONTROLLER Officer | 4 | $8,746 | $3,926 |
| GERI A DOYLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN D MCNEER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BRIAN BUCH | CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| JEFF HOEBELHEINRICH | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| AMY DAVIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROB M KAHN | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| CHRIS P VERNON | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| CHERYL RITTER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOHN LEE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KELLY MITCHELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 202 N 3RD AVE W, NEWTON, IA 50208-3037
- Principal officer (990 for 2024)
- KEITH ISLEY, 202 N 3RD AVE W, NEWTON, IA 50208
- Signed the 990
- KEITH ISLEY, PRESIDENT & CEO
- Phone
- (641) 792-6119
- Return prepared by
- HENJES CONNER & WILLIAMS PC
Mission
TO PROVIDE AID TO TAX EXEMPT REHABILITATION FACILITIES THAT HELP INDIVIDUALS WITH DISABILITIES.
Program accomplishments
- RESIDENTIAL AND REHABILITATION PROGRAM: PROVIDES SPACE, EQUIPMENT, AND PROGRAMMING FOR THE REHABILITATION OF DISABLED INDIVIDUALSExpenses $455,721 · revenue $259,888
- RESIDENTIAL HOUSING: PROVIDES HOUSING FOR DISABLED INDIVIDUALS.Expenses $225,309 · revenue $256,510
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1126653
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $13,307,994
- Income (IRS master file)
- $2,135,509
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,640,848 | $854,748 | $13,307,994 | XML |
| 990 | June 2024 | $962,125 | $652,426 | $12,339,314 | XML |
| 990 | June 2023 | $1,172,120 | $565,605 | $11,927,871 | XML |
| 990 | June 2022 | $1,292,807 | $626,167 | $11,316,724 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 42-1126653).
Questions about P I FOUNDATION
- What is the EIN of P I FOUNDATION?
- The employer identification number (EIN) of P I FOUNDATION is 42-1126653.
- Is P I FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to P I FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does P I FOUNDATION 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 P I FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did P I FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of P I FOUNDATION?
- The 990 for the year ended June 30, 2025 names KEITH ISLEY.
- Who are the officers and directors of P I FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 15 people; 2 received compensation from the organization, the highest $29,617 (SANDRA K HAM, PRESIDENT/CEO/ASST SECRETA).
- How much revenue does P I FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,640,848, expenses of $854,748 and total assets of $13,307,994 at year end.
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