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Nonprofit · EIN 42-1290784

NICHOLAS J SCHRUP CHARITABLE TRUST

Tax-exempt · DUBUQUE, IA 52001

Financials

$47K$50K2023$29K$27K2024$8K$5K2025
Revenue Expenses · by fiscal year end
Financials of NICHOLAS J SCHRUP CHARITABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$7,863$5,141$2,722$7,039$0$7,039
December 31, 2024990-PF$28,998$26,829$2,169$4,318$0$4,318
December 31, 2023990-PF$47,358$49,619-$2,261$2,145$0$2,145
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$839
Interest
$153
Net gain from sales of assets
$6,871

Expenses

Grants and similar amounts paid
$4,000
Compensation of officers, directors and key employees
$139
Disbursements for charitable purposes
$4,000
Excise tax on investment income
$109

Balance sheet and other

Total assets, start of year
$4,319
Total assets, end of year
$7,039
Total liabilities, end of year
$0
Net assets, end of year
$7,039
Fair market value of assets
$35,814
Qualifying distributions
$4,000
Net investment income
$7,863

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MIDWESTONE BANK
895 MAIN ST, DUBUQUE, IA 52001
AGENT FOR TRUSTEE0$139
NICHOLAS J SCHRUP III
1380 AUBURN, DUBUQUE, IA 52001
TRUSTEE0$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
MIDWESTONE BANK
895 MAIN ST, DUBUQUE, IA 52001
AGENT FOR TRUSTEE0$179
NICHOLAS J SCHRUP III
1380 AUBURN, DUBUQUE, IA 52001
TRUSTEE0$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
MIDWESTONE BANK
895 MAIN ST, DUBUQUE, IA 52001
AGENT FOR TRUSTEE0$183
NICHOLAS J SCHRUP III
1380 AUBURN, DUBUQUE, IA 52001
TRUSTEE0$0

Address and contacts

Address (IRS master file)
895 MAIN ST, DUBUQUE, IA 52001-6852
In care of
% AMERICAN TRUST & SVG BANK
Signed the 990-PF
NICHOLAS J SCHRUP III, TRUSTEE
Phone
(563) 585-9400
Return prepared by
LOCHER & DAVIS PLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
42-1290784
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
1987
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,039
Income (IRS master file)
$9,650

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$7,863$5,141$7,039IRS
990-PFDecember 2024$28,998$26,829$4,318IRS
990-PFDecember 2023$47,358$49,619$2,145XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––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 42-1290784).

Questions about NICHOLAS J SCHRUP CHARITABLE TRUST

What is the EIN of NICHOLAS J SCHRUP CHARITABLE TRUST?
The employer identification number (EIN) of NICHOLAS J SCHRUP CHARITABLE TRUST is 42-1290784.
Is NICHOLAS J SCHRUP CHARITABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to NICHOLAS J SCHRUP CHARITABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does NICHOLAS J SCHRUP CHARITABLE TRUST file?
Form 990-PF. Private foundations file every year.
When is the next return of NICHOLAS J SCHRUP CHARITABLE TRUST 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 NICHOLAS J SCHRUP CHARITABLE TRUST last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of NICHOLAS J SCHRUP CHARITABLE TRUST?
The 990-PF for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $139 (MIDWESTONE BANK, AGENT FOR TRUSTEE).
How much revenue does NICHOLAS J SCHRUP CHARITABLE TRUST have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $7,863, expenses of $5,141 and total assets of $7,039 at year end.

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