Nonprofit · EIN 42-1207432
NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD
Tax-exempt · WATERLOO, IA 50702
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $109,796 | $308,457 | -$198,661 | $2,133,645 | $256,901 | $1,876,744 |
| June 30, 2024 | 990 | $91,530 | $171,082 | -$79,552 | $2,116,847 | $41,442 | $2,075,405 |
| June 30, 2023 | 990 | $138,744 | $171,804 | -$33,060 | $2,217,423 | $36,782 | $2,180,641 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $109,796
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $206,935
- Depreciation
- $100,945
- Program services (functional)
- $308,457
Balance sheet and other
- Total assets, start of year
- $2,116,847
- Total assets, end of year
- $2,133,645
- Total liabilities, end of year
- $256,901
- Net assets, end of year
- $1,876,744
- Land, buildings and equipment
- $2,023,610
- Net assets without donor restrictions
- $1,876,744
- Gross receipts
- $109,796
- Employees
- 0
- Volunteers
- 6
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KURT ANDERSEN MD | DIRECTOR AS OF 1/25; PRES CENTRAL IA Trustee or director | 0.5 | $0 | $1,685,852 | $245,442 |
| JACK DUSENBERY | FORMER OFFICER Former | 0 | $0 | $706,410 | $21,700 |
| RYAN MEYER | COO Officer | 0.5 | $0 | $452,520 | $104,768 |
| RACHELLE MAKINDE MD | DIR; V CHAIR AS OF 12/24; PHYSICIAN Trustee or director, Officer | 0.5 | $0 | $489,105 | $55,526 |
| BRIAN BURNETT MD | DIRECTOR; PHYS - FAMILY MEDICINE Trustee or director | 0.5 | $0 | $418,705 | $61,569 |
| TIMOTHY HUBER | ASSISTANT TREASURER; VP OF FINANCE Officer | 0.5 | $0 | $340,743 | $56,525 |
| NANCY SCHAEFER | ASSISTANT SECRETARY; EXEC ASSISTANT Officer | 0.5 | $0 | $72,333 | $5,194 |
| DAVID DEAVER | DIRECTOR; CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| SANDRA BENAK | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BRYAN BURTON | DIRECTOR AS OF 1/25 Trustee or director | 0.5 | $0 | $0 | $0 |
| NANCY KERTZ | DIRECTOR AS OF 1/25 Trustee or director | 0.5 | $0 | $0 | $0 |
| ALAN KRUGER | DIRECTOR THROUGH 12/24 Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROL TOUSLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JACK DUSENBERY | FORMER OFFICER Former | 0 | $0 | $764,091 | $974,659 |
| MICHAEL WEGNER | DIR 8-12/23; PRES MERCY IA THR 12/23 Trustee or director | 0.5 | $0 | $1,018,938 | $65,930 |
| RACHELLE MAKINDE MD | DIRECTOR; PHYSICIAN Trustee or director | 0.5 | $0 | $464,239 | $49,506 |
| BRIAN BURNETT MD | DIRECTOR; PHYSICIAN Trustee or director | 0.5 | $0 | $394,031 | $63,806 |
| RYAN MEYER | COO Officer | 0.5 | $0 | $355,257 | $70,530 |
| TIMOTHY HUBER | ASSISTANT TREASURER; VP OF FINANCE Officer | 0.5 | $0 | $312,625 | $64,341 |
| NANCY SCHAEFER | ASSISTANT SECRETARY; EXEC ASSISTANT Officer | 0.5 | $0 | $68,374 | $5,616 |
| DAVID DEAVER | DIRECTOR; CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| SANDRA BENAK | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TIMOTHY BOETTGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ALAN KRUGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROL TOUSLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT RITZ | DIRECTOR; CEO MERCY HEALTH NETWORK Trustee or director | 0.5 | $0 | $1,923,691 | $64,471 |
| JACK DUSENBERRY | DIR & PRES, MERCYONE NE IA THR 4/23 Trustee or director, Officer | 0.5 | $0 | $705,049 | $45,779 |
| RACHELLE MAKINDE MD | DIRECTOR; PHYSICIAN Trustee or director | 0.5 | $0 | $449,922 | $45,723 |
| BRIAN BURNETT MD | DIRECTOR; PHYSICIAN Trustee or director | 0.5 | $0 | $363,552 | $59,266 |
| TIMOTHY HUBER | ASSISTANT TREASURER; VP OF FINANCE Officer | 0.5 | $0 | $288,515 | $59,758 |
| NANCY SCHAEFER | ASSISTANT SECRETARY; EXEC ASSISTANT Officer | 0.5 | $0 | $65,485 | $5,395 |
| DAVID DEAVER | DIRECTOR; CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| SANDRA BENAK | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TIM BOETTGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| SHIRLEY DUNLAP | DIRECTOR THROUGH 12/22 Trustee or director | 0.5 | $0 | $0 | $0 |
| ALAN KRUGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CASEY MCLAUGHLIN | DIRECTOR THROUGH 12/22 Trustee or director | 0.5 | $0 | $0 | $0 |
| GREGORY SCHMITZ | DIRECTOR THROUGH 12/22 Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROL TOUSLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3421 W 9TH ST, WATERLOO, IA 50702-5401
- In care of
- % TIMOTHY HUBER
- Principal officer (990 for 2024)
- RYAN MEYER, 3421 WEST NINTH STREET, WATERLOO, IA 50702
- Signed the 990
- TIMOTHY HUBER, VP OF FINANCE
- Phone
- (319) 272-8000
Mission
WE, NORTHEAST IOWA REAL ESTATE INVESTMENTS AND TRINITY HEALTH, SERVE TOGETHER IN THE SPIRIT OF THE GOSPEL AS A COMPASSIONATE AND TRANSFORMING HEALING PRESENCE WITHIN OUR COMMUNITIES. NORTHEAST IOWA REAL ESTATE INVESTMENTS IS A MEMBER OF TRINITY HEALTH.
Program accomplishments
- NORTHEAST IOWA REAL ESTATE INVESTMENTS PROVIDES REAL ESTATE RENTALS FOR THE SUPPORT AND BENEFIT OF AFFILIATED HEALTH CARE INSTITUTIONS SERVING NORTHEAST IOWA.Expenses $308,457 · revenue $109,796
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
- 42-1207432
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,133,645
- Income (IRS master file)
- $109,796
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $109,796 | $308,457 | $2,133,645 | IRS |
| 990 | June 2024 | $91,530 | $171,082 | $2,116,847 | IRS |
| 990 | June 2023 | $138,744 | $171,804 | $2,217,423 | XML |
| 990 | June 2022 | $213,554 | $212,118 | $2,381,306 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 42-1207432).
Questions about NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD
- What is the EIN of NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD?
- The employer identification number (EIN) of NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD is 42-1207432.
- Is NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1988.
- Which annual return does NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD 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 NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD 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 NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD 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 NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD?
- The 990 for the year ended June 30, 2025 names RYAN MEYER.
- Who are the officers and directors of NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD?
- The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does NORTHEAST IOWA REAL ESTATE INVESTMENTS LTD have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $109,796, expenses of $308,457 and total assets of $2,133,645 at year end.
Other nonprofits in WATERLOO
- VERIDIAN CREDIT UNION EIN 42-1132695 · last filed 990 for 2024
- ALLEN MEMORIAL HOSPITAL CORPORATION EIN 42-0698265 · last filed 990 for 2024
- COVENANT MEDICAL CENTER INC EIN 42-1264647 · last filed 990 for 2025
- WHEATON FRANCISCAN HEALTHCARE-IOWA INC EIN 42-1177001 · last filed 990 for 2025
- FRIENDS OF FAITH RETIREMENT HOMES INC EIN 51-0245745 · last filed 990 for 2026
- EXCEPTIONAL PERSONS INC EIN 42-0794846 · last filed 990 for 2025
- NORTHEAST IOWA FOOD BANK INC EIN 42-1169648 · last filed 990 for 2025
- GOODWILL INDUSTRIES OF NORTHEAST IOWA INC EIN 42-0839399 · last filed 990 for 2025