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Nonprofit · EIN 42-1200523

IOWA RAILROAD HISTORICAL SOCIETY

Tax-exempt · BOONE, IA 50036

Financials

$1.8M$1.9M2023$2M$1.9M2024$2.1M$2.2M2025
Revenue Expenses · by fiscal year end
Financials of IOWA RAILROAD HISTORICAL SOCIETY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,116,850$2,160,233-$43,383$4,989,142$986,087$4,003,055
December 31, 2024990$2,024,984$1,883,008$141,976$5,136,983$1,114,573$4,022,410
December 31, 2023990$1,826,687$1,861,046-$34,359$5,057,271$1,183,008$3,874,263
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$144,674
Membership dues
$6,945
Program service revenue
$1,869,942
Investment income
$26,370
Net income from sales of inventory
$75,864
Other revenue
$75,864

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$69,723
Other salaries and wages
$451,334
Salaries, compensation and benefits (total)
$638,406
Professional fundraising fees
$0
Occupancy
$62,150
Travel
$3,195
Depreciation
$213,260
Program services (functional)
$1,961,361
Management and general (functional)
$198,872

Balance sheet and other

Total assets, start of year
$5,136,983
Total assets, end of year
$4,989,142
Total liabilities, end of year
$986,087
Net assets, end of year
$4,003,055
Land, buildings and equipment
$3,318,256
Publicly traded securities
$297,357
Net assets without donor restrictions
$4,003,055
Gross receipts
$2,163,102
Employees
13
Volunteers
60
Year formed
1983
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
TRAVIS STEVENSONGENERAL MGR
Officer
40$69,723
ALAN SCHROEDERPresident
Trustee or director, Officer
4$0
Wayne PattersonVice President
Trustee or director, Officer
4$0
JEFF BAKERDirector
Trustee or director
2$0
CRAIG ARTHURTreasurer
Trustee or director, Officer
4$0
DARIN JACOBSVP of Operation
Trustee or director, Officer
4$0
GARY JAEHNELDirector
Trustee or director
2$0
RANDY SCHMITZDirector
Trustee or director
2$0
AARON KESTERDirector
Trustee or director
2$0
Eric FoggDirector
Trustee or director
2$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
TRAVIS STEVENSONGENERAL MGR
Officer
40$72,363
ALAN SCHROEDERPresident
Trustee or director, Officer
4$0
SPENCER VAUGHNVice President
Trustee or director, Officer
4$0
JEFF BAKERDirector
Trustee or director
2$0
TERRY GOODMANTreasurer
Trustee or director, Officer
4$0
DARIN JACOBSVP of Operation
Trustee or director
2$0
GARY JAEHNELVP of Fin & Adm
Trustee or director, Officer
4$0
Wayne PattersonDirector
Trustee or director
2$0
AARON KESTERDirector
Trustee or director
2$0
Eric FoggDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
TRAVIS STEVENSONGENERAL MGR
Officer
40$64,923
ALAN SCHROEDERPresident
Trustee or director, Officer
4$0
SPENCER VAUGHNVice President
Trustee or director, Officer
4$0
JEFF BAKERDirector
Trustee or director
2$0
TERRY GOODMANTreasurer
Trustee or director, Officer
4$0
DARIN JACOBSVP of Operation
Trustee or director
2$0
GARY JAEHNELVP of Fin & Adm
Trustee or director, Officer
4$0
Wayne PattersonDirector
Trustee or director
2$0
AARON KESTERDirector
Trustee or director
2$0
Eric FoggDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 603, BOONE, IA 50036-0603
Signed the 990
TRAVIS STEVENSON, GENERAL MGR
Phone
(515) 432-4249
Return prepared by
Houston & Seeman PC

Mission

Educate public on railroad history.

990 for the year ended December 31, 2025

Program accomplishments

  • Historical aspects of railroad history of the Fort Dodge-Des Moines railroad line.
    Expenses $1,961,361 · revenue $1,869,942

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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1200523
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
1983
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,989,142
Income (IRS master file)
$2,163,102

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,116,850$2,160,233$4,989,142XML
990December 2024$2,024,984$1,883,008$5,136,983IRS
990December 2023$1,826,687$1,861,046$5,057,271XML
990December 2022$1,830,405$1,584,378$4,623,282IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 42-1200523).

Questions about IOWA RAILROAD HISTORICAL SOCIETY

What is the EIN of IOWA RAILROAD HISTORICAL SOCIETY?
The employer identification number (EIN) of IOWA RAILROAD HISTORICAL SOCIETY is 42-1200523.
Is IOWA RAILROAD HISTORICAL SOCIETY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
Are donations to IOWA RAILROAD HISTORICAL SOCIETY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does IOWA RAILROAD HISTORICAL SOCIETY 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 IOWA RAILROAD HISTORICAL SOCIETY 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 IOWA RAILROAD HISTORICAL SOCIETY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who are the officers and directors of IOWA RAILROAD HISTORICAL SOCIETY?
The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $69,723 (TRAVIS STEVENSON, GENERAL MGR).
How much revenue does IOWA RAILROAD HISTORICAL SOCIETY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,116,850, expenses of $2,160,233 and total assets of $4,989,142 at year end.

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