Nonprofit · EIN 42-1186589
ROY J CARVER CHARITABLE TR
Tax-exempt · MUSCATINE, IA 52761
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990-PF | $25,352,405 | $21,573,451 | $3,778,954 | $241,478,166 | $23,228,278 | $218,249,888 |
| April 30, 2024 | 990-PF | $17,535,170 | $12,073,380 | $5,461,790 | $236,697,138 | $22,226,204 | $214,470,934 |
| April 30, 2023 | 990-PF | $17,819,030 | $12,929,556 | $4,889,474 | $234,963,885 | $25,954,741 | $209,009,144 |
Financial details: 990-PF for the year ended April 30, 2025
Revenue
- Dividends
- $10,872,148
- Interest
- $41,931
- Net gain from sales of assets
- $16,921,666
- Other income
- -$2,483,340
Expenses
- Grants and similar amounts paid
- $17,360,889
- Compensation of officers, directors and key employees
- $658,983
- Salaries, compensation and benefits (total)
- $886,244
- Disbursements for charitable purposes
- $18,199,469
- Excise tax on investment income
- $301,185
Balance sheet and other
- Total assets, start of year
- $236,697,138
- Total assets, end of year
- $241,478,166
- Total liabilities, end of year
- $23,228,278
- Net assets, end of year
- $218,249,888
- Fair market value of assets
- $364,548,636
- Qualifying distributions
- $18,206,481
- Net investment income
- $24,784,066
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-PF for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TROY K ROSS 25189 235TH ST, CONESVILLE, IA 52739 | CEO | 40 | $473,028 | $61,584 |
| LYNNE M SASMAZER 1771 HIGHWAY 6, WEST LIBERTY, IA 52776 | PROGRAM DIRE Highest-paid employee | 40 | $242,665 | $58,992 |
| ERIN L VAN HOOK 202 IOWA AVENUE, MUSCATINE, IA 52761 | EXEC ASST & Highest-paid employee | 40 | $162,556 | $33,014 |
| VICTORIA L NEWMAN 202 IOWA AVENUE, MUSCATINE, IA 52761 | PROGRAM OFFI Highest-paid employee | 40 | $130,000 | $19,824 |
| MICHAEL MOLUMBY 202 IOWA AVENUE, MUSCATINE, IA 52761 | PROGRAM OFFI Highest-paid employee | 40 | $122,268 | $25,473 |
| ROY J CARVER JR 202 IOWA AVENUE, MUSCATINE, IA 52761 | CHAIRMAN | 0 | $33,000 | $0 |
| ANDREW B CARVER 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 0 | $31,075 | $0 |
| D SCOTT INGSTAD 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 0 | $28,600 | $0 |
| BRADLEY W ROETH 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 0 | $28,600 | $0 |
| ROY J CARVER III 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 0 | $28,600 | $0 |
| BRIAN W HUMMEL 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 0 | $28,105 | $0 |
| J LARRY GRIFFITH 202 IOWA AVENUE, MUSCATINE, IA 52761 | VICE CHAIRMA | 0 | $7,975 | $0 |
| DAVID M UTLEY 202 IOWA AVENUE, MUSCATINE, IA 52761 | SECRETARY | 0 | $0 | $0 |
| JOHN A CARVER 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 0 | $0 | $0 |
990-PF for the year ended April 30, 2024: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TROY K ROSS 202 IOWA AVENUE, MUSCATINE, IA 52761 | CHIEF EXECUTIVE OFFICER | 40 | $450,628 | $60,998 |
| LYNNE M SASMAZER 202 IOWA AVENUE, MUSCATINE, IA 52761 | PROGRAM DIRECTOR Highest-paid employee | 40 | $230,998 | $57,912 |
| ERIN L VAN HOOK 202 IOWA AVENUE, MUSCATINE, IA 52761 | EXEC ASST & FIN DIR Highest-paid employee | 40 | $154,856 | $32,796 |
| MICHAEL MOLUMBY 202 IOWA AVENUE, MUSCATINE, IA 52761 | PROGRAM OFFICER Highest-paid employee | 40 | $116,117 | $14,179 |
| VICTORIA L NEWMAN 202 IOWA AVENUE, MUSCATINE, IA 52761 | PROGRAM OFFICER Highest-paid employee | 40 | $87,292 | $5,887 |
| LINDA B MUMEY 202 IOWA AVENUE, MUSCATINE, IA 52761 | PROGRAM ASST/SEC Highest-paid employee | 40 | $75,908 | $25,097 |
| ROY J CARVER JR 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE/CHAIRMAN | 4 | $31,500 | $0 |
| J LARRY GRIFFITH 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE/VICE CHAIRMAN | 4 | $29,075 | $0 |
| D SCOTT INGSTAD 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 2 | $27,300 | $0 |
| ANDREW B CARVER 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 2 | $27,300 | $0 |
| BRIAN W HUMMEL 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 2 | $19,425 | $0 |
| JOHN A CARVER 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 2 | $10,500 | $0 |
| BRADLEY W ROETH 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 2 | $7,150 | $0 |
| ROY J CARVER III 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 4 | $7,150 | $0 |
| DAVID M UTLEY 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE/SECRETARY | 2 | $6,500 | $0 |
990-PF for the year ended April 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TROY K ROSS 202 IOWA AVENUE, MUSCATINE, IA 52761 | CHIEF EXECUTIVE OFFICER | 40 | $427,128 | $58,616 |
| LYNNE M SASMAZER 202 IOWA AVENUE, MUSCATINE, IA 52761 | PROGRAM DIRECTOR Highest-paid employee | 40 | $210,999 | $50,851 |
| ERIN L VAN HOOK 202 IOWA AVENUE, MUSCATINE, IA 52761 | EXEC ASST & FIN DIR Highest-paid employee | 40 | $141,689 | $31,304 |
| LINDA B MUMEY 202 IOWA AVENUE, MUSCATINE, IA 52761 | PROGRAM ASST/SEC Highest-paid employee | 40 | $71,356 | $23,008 |
| LISA M AHLF 202 IOWA AVENUE, MUSCATINE, IA 52761 | ADMIN ASST Highest-paid employee | 40 | $51,526 | $32,922 |
| ROY J CARVER JR 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE/CHAIRMAN | 4 | $30,000 | $0 |
| J LARRY GRIFFITH 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE/VICE CHAIRMAN | 4 | $27,750 | $0 |
| ANDREW B CARVER 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 2 | $26,000 | $0 |
| D SCOTT INGSTAD 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 2 | $25,550 | $0 |
| JOHN A CARVER 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 2 | $25,200 | $0 |
| DAVID M UTLEY 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE/SECRETARY | 2 | $22,600 | $0 |
| WILLARD L BOYD 202 IOWA AVENUE, MUSCATINE, IA 52761 | TRUSTEE | 1 | $11,200 | $0 |
Address and contacts
- Address (IRS master file)
- 202 IOWA AVE, MUSCATINE, IA 52761-3733
- Signed the 990-PF
- TROY K ROSS, CEO
- Phone
- (563) 263-4010
- Website
- CARVERTRUST.ORG
- Return prepared by
- ANDERSON LOWER WHITLOW PC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990-PF on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990-PF on file |
IRS record
- EIN
- 42-1186589
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1982
- Accounting year ends
- April
- Files
- Form 990-PF
- Assets (IRS master file)
- $241,478,166
- Income (IRS master file)
- $82,964,911
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | April 2025 | $25,352,405 | $21,573,451 | $241,478,166 | XML |
| 990-T | April 2025 | – | – | – | IRS |
| 990-PF | April 2024 | $17,535,170 | $12,073,380 | $236,697,138 | XML |
| 990-T | April 2024 | – | – | – | IRS |
| 990-PF | April 2023 | $17,819,030 | $12,929,556 | $234,963,885 | XML |
| 990-T | April 2023 | – | – | – | IRS |
| 990-PF | April 2022 | – | – | – | IRS |
| 990-T | April 2022 | – | – | – | IRS |
| 990-PF | April 2021 | – | – | – | IRS |
| 990-T | April 2021 | – | – | – | IRS |
| 990-PF | April 2020 | – | – | – | IRS |
| 990-PF | April 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 42-1186589).
Questions about ROY J CARVER CHARITABLE TR
- What is the EIN of ROY J CARVER CHARITABLE TR?
- The employer identification number (EIN) of ROY J CARVER CHARITABLE TR is 42-1186589.
- Is ROY J CARVER CHARITABLE TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
- Are donations to ROY J CARVER CHARITABLE TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ROY J CARVER CHARITABLE TR file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ROY J CARVER CHARITABLE TR due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROY J CARVER CHARITABLE TR last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended April 2025.
- Who are the officers and directors of ROY J CARVER CHARITABLE TR?
- The 990-PF for the year ended April 30, 2025 lists 14 people; 12 received compensation from the organization, the highest $473,028 (TROY K ROSS, CEO).
- How much revenue does ROY J CARVER CHARITABLE TR have?
- On its 990-PF for the year ended April 30, 2025 it reported revenue of $25,352,405, expenses of $21,573,451 and total assets of $241,478,166 at year end.
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