Nonprofit · EIN 42-1293260
ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC
Tax-exempt · ROCK RAPIDS, IA 51246
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $311,627 | $314,929 | -$3,302 | $1,666,367 | $180,902 | $1,485,465 |
| December 31, 2023 | 990-PF | $178,554 | $679,223 | -$500,669 | $1,728,050 | $239,283 | $1,488,767 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $268,645
- Interest
- $2,846
- Net rental income
- $15,350
- Net gain from sales of assets
- $10,206
- Other income
- $13,180
Expenses
- Grants and similar amounts paid
- $280,000
- Disbursements for charitable purposes
- $288,382
- Excise tax on investment income
- $45
Balance sheet and other
- Total assets, start of year
- $1,728,050
- Total assets, end of year
- $1,666,367
- Total liabilities, end of year
- $180,902
- Net assets, end of year
- $1,485,465
- Fair market value of assets
- $2,134,291
- Qualifying distributions
- $288,382
- Net investment income
- $29,802
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN EBEN 107 CRESTVIEW DR, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| CRAIG HOHN 103 TOM CREEK LANE, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| KATIE RANNEY 602 N 2ND AVE E, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| JAMES MONTAG 1327 HARDING AVE, ROCK RAPIDS, IA 51246 | Director | 1 | $0 |
| BRENT BOSCH 103 DAVIS COURT, ROCK RAPIDS, IA 51246 | President | 0.5 | $0 |
| TROY METZGER 104 DAVIS COURT, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| TOM MENAGE 101 CEDAR LN, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| LISA DIEREN 1295 HARDING AVE, ROCK RAPIDS, IA 51246 | Vice President | 0.5 | $0 |
| JORDAN KORDAHL 501 S 3RD AVENUE, ROCK RAPIDS, IA 51246 | Secretary/Treas | 1 | $0 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN EBEN 107 CRESTVIEW DR, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| CRAIG HOHN 103 TOM CREEK LANE, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| KATIE RANNEY 602 N 2ND AVE E, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| JAMES MONTAG 1327 HARDING AVE, ROCK RAPIDS, IA 51246 | Director | 1 | $0 |
| BRENT BOSCH 103 DAVIS COURT, ROCK RAPIDS, IA 51246 | President | 0.5 | $0 |
| TROY METZGER 104 DAVIS COURT, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| TOM MENAGE 101 CEDAR LN, ROCK RAPIDS, IA 51246 | Director | 0.5 | $0 |
| LISA DIEREN 1295 HARDING AVE, ROCK RAPIDS, IA 51246 | Vice President | 0.5 | $0 |
| JORDAN KORDAHL 501 S 3RD AVENUE, ROCK RAPIDS, IA 51246 | Secretary/Treas | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 403, ROCK RAPIDS, IA 51246-0403
- Signed the 990-PF
- BRENT BOSCH, President
- Phone
- (712) 472-4585
- Return prepared by
- DE NOBLE AUSTIN & COMPANY 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 42-1293260
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $1,666,367
- Income (IRS master file)
- $353,421
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $311,627 | $314,929 | $1,666,367 | IRS |
| 990-PF | December 2023 | $178,554 | $679,223 | $1,728,050 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 42-1293260).
Questions about ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC
- What is the EIN of ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC?
- The employer identification number (EIN) of ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC is 42-1293260.
- Is ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does ROCK RAPIDS AREA DEVELOPMENT FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $311,627, expenses of $314,929 and total assets of $1,666,367 at year end.
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