Nonprofit · EIN 42-1159798
FRIENDS OF THE WATERLOO PUBLIC LIBRARY
Tax-exempt · WATERLOO, IA 50701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990-EZ | $87,931 | $81,760 | $6,171 | $179,625 | – | $179,625 |
| October 31, 2024 | 990-EZ | $103,808 | $173,643 | -$69,835 | $167,395 | – | $167,395 |
| October 31, 2023 | 990-EZ | $74,464 | $28,971 | $45,493 | $196,822 | $0 | $196,822 |
| October 31, 2022 | 990-EZ (amended) | $76,946 | $89,338 | -$12,392 | $92,418 | $0 | $92,418 |
Financial details: 990-EZ for the year ended October 31, 2025
Revenue
- Contributions, gifts and grants
- $36,740
- Program service revenue
- $381
- Investment income
- $3,568
- Net income from fundraising events
- $30,191
- Other revenue
- $17,051
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $841
- Printing, publications and postage
- $2,460
- Other expenses
- $78,459
- Program services (functional)
- $19,463
Balance sheet and other
- Total assets, start of year
- $167,395
- Total assets, end of year
- $179,625
- Total liabilities, end of year
- –
- Net assets, end of year
- $179,625
- Cash, savings and investments
- $112,751
- Gross receipts
- $95,640
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 October 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA BARDSLEY | DIRECTOR | 1 | $0 |
| PAT CAIN | DIRECTOR | 1 | $0 |
| KELLY HETH | DIRECTOR | 1 | $0 |
| SUSIE LANTZ | DIRECTOR | 1 | $0 |
| GINNY HOPKINS | DIRECTOR | 1 | $0 |
| CATHERINE KITTRELL | DIRECTOR | 1 | $0 |
| KELLY MORGAN | DIRECTOR | 1 | $0 |
| TERRY SELIGA | PRESIDENT | 1 | $0 |
| JANE SHEA | SECRETARY | 1 | $0 |
| MELISSA WELLS | TREASURER | 1 | $0 |
| MARY RITTER | DIRECTOR | 1 | $0 |
990-EZ for the year ended October 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA BARDSLEY | DIRECTOR | 1 | $0 |
| PAT CAIN | DIRECTOR | 1 | $0 |
| KELLY HETH | DIRECTOR | 1 | $0 |
| SUSIE LANTZ | DIRECTOR | 1 | $0 |
| GINNY HOPKINS | DIRECTOR | 1 | $0 |
| CATHERINE KITTRELL | DIRECTOR | 1 | $0 |
| KELLY MORGAN | DIRECTOR | 1 | $0 |
| TERRY SELIGA | PRESIDENT | 1 | $0 |
| JANE SHEA | SECRETARY | 1 | $0 |
| MELISSA WELLS | TREASURER | 1 | $0 |
| MARY RITTER | DIRECTOR | 1 | $0 |
990-EZ for the year ended October 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BECKY FOLCHERT | PRESIDENT | 24 | $0 |
| JAN MOSER | VICE PRESIDENT | 15 | $0 |
| JANE SHEA | SECRETARY | 12 | $0 |
| MELISSA WELLS | TREASURER | 12 | $0 |
990-EZ for the year ended October 31, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE HERMAN | PRESIDENT | 24 | $0 |
| JAN MOSER | VICE PRESIDENT | 15 | $0 |
| SANDY TEMPLE | SECRETARY | 12 | $0 |
| SANDY TONEFF | TREASURER | 12 | $0 |
Address and contacts
- Address (IRS master file)
- 415 COMMERCIAL ST, WATERLOO, IA 50701-1317
- Mailing address (990-N for 2011)
- 415 Commercial St, Waterloo IA 50701
- Principal officer (990-N for 2011)
- Friends of the Waterloo Public Library, 415 Commercial St, Waterloo IA 50701
- Signed the 990-EZ
- MELISSA WELLS, TREASURER
- Phone
- (319) 231-5958
- Return prepared by
- CARNEY ALEXANDER MAROLD & CO LLP
Mission
THE FRIENDS GROUP SUPPORTS THE WATERLOO PUBLIC LIBRARY'S SERVICES AND PROGRAMS, PROMOTES LITERACY THROUGH OUTREACH PROGRAMS THAT ENCOURAGE AND ENHANCE READING THROUGHOUT THE COMMUNITY, AND CONDUCTS FUNDRAISING ACTIVITIES TO ASSIST WITH LIBRARY PROGRAMS AND PROJECTS.
Program accomplishments
- PROVIDE MATERIALS AND SUPPORT FOR THE WATERLOO PUBLIC LIBRARY.Expenses $19,463
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 October, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | October 31, 2026 | March 15, 2027 | Not due yet |
| 2024 | October 31, 2025 | March 16, 2026 | 990-EZ on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990-EZ on file |
IRS record
- EIN
- 42-1159798
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1982
- Accounting year ends
- October
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $179,625
- Income (IRS master file)
- $95,640
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | October 2025 | $87,931 | $81,760 | $179,625 | XML |
| 990-EZ | October 2024 | $103,808 | $173,643 | $167,395 | XML |
| 990-EZ | October 2023 | $74,464 | $28,971 | $196,822 | XML |
| 990-EZ | October 2022 | $76,946 | $89,338 | $92,418 | XML |
| 990-EZ | October 2021 | – | – | – | IRS |
| 990-N for 2011 Officer: Friends of the Waterloo Public Library | October 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
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 42-1159798).
Questions about FRIENDS OF THE WATERLOO PUBLIC LIBRARY
- What is the EIN of FRIENDS OF THE WATERLOO PUBLIC LIBRARY?
- The employer identification number (EIN) of FRIENDS OF THE WATERLOO PUBLIC LIBRARY is 42-1159798.
- Is FRIENDS OF THE WATERLOO PUBLIC LIBRARY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to FRIENDS OF THE WATERLOO PUBLIC LIBRARY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF THE WATERLOO PUBLIC LIBRARY 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 FRIENDS OF THE WATERLOO PUBLIC LIBRARY 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 FRIENDS OF THE WATERLOO PUBLIC LIBRARY last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended October 2025.
- Who is the principal officer of FRIENDS OF THE WATERLOO PUBLIC LIBRARY?
- The 990-N for 2011 names Friends of the Waterloo Public Library.
- Who are the officers and directors of FRIENDS OF THE WATERLOO PUBLIC LIBRARY?
- The 990-EZ for the year ended October 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF THE WATERLOO PUBLIC LIBRARY have?
- On its 990-EZ for the year ended October 31, 2025 it reported revenue of $87,931, expenses of $81,760 and total assets of $179,625 at year end.
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