Nonprofit · EIN 42-1338010
W P AND NELLE MCCLURE SCHOLARSHIP FUND
Tax-exempt · ADEL, IA 50003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $15,505 | $16,810 | -$1,305 | $243,785 | $0 | $243,785 |
| December 31, 2024 | 990-EZ | $14,237 | $16,026 | -$1,789 | $245,090 | $0 | $245,090 |
| December 31, 2023 | 990-EZ | $14,614 | $21,030 | -$6,416 | $246,879 | $0 | $246,879 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Investment income
- $10,202
- Net gain from sales of assets
- $4,328
- Other revenue
- $975
Expenses
- Grants and similar amounts paid
- $9,000
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $6,895
- Other expenses
- $915
- Program services (functional)
- $16,810
Balance sheet and other
- Total assets, start of year
- $245,090
- Total assets, end of year
- $243,785
- Total liabilities, end of year
- $0
- Net assets, end of year
- $243,785
- Cash, savings and investments
- $7,421
- Gross receipts
- $15,505
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES E VAN WERDEN | TRUSTEE | 0 | $0 |
| JUSTIN GROSS | DIRECTOR | 0 | $0 |
| CAM SMITH | DIRECTOR | 0 | $0 |
| STEVE KASTER | DIRECTOR | 0 | $0 |
| SHARON DENTLINGER | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES E VAN WERDEN | TRUSTEE | 0 | $0 |
| JUSTIN GROSS | DIRECTOR | 0 | $0 |
| CAM SMITH | DIRECTOR | 0 | $0 |
| STEVE KASTER | DIRECTOR | 0 | $0 |
| SHARON DENTLINGER | DIRECTOR | 0 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM VAN WERDEN | TRUSTEE | 0 | $0 |
| JUSTIN GROSS | DIRECTOR | 0 | $0 |
| CAM SMITH | DIRECTOR | 0 | $0 |
| STEVE KASTER | DIRECTOR | 0 | $0 |
| SHARON DENTLINGER | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1009 MAIN ST, ADEL, IA 50003-1454
- In care of
- % JAMES E VAN WERDEN
- Signed the 990-EZ
- JAMES E VAN WERDEN, TRUSTEE
- Phone
- (515) 462-4860
- Return prepared by
- RRM CPA PLLC
Mission
SEE SCHEDULE O
Program accomplishments
- AWARDED SCHOLARSHIPS TO GRADUATES OF THREE MADISON COUNTY HIGH SCHOOLS TO BE USED FOR TUITION AND BOOKS AT AN INSTITUTION OF HIGHER LEARNING, SUCH AS A COLLEGE OR UNIVERSITYExpenses $16,810 · grants $9,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 42-1338010
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $243,785
- Income (IRS master file)
- $15,505
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $15,505 | $16,810 | $243,785 | XML |
| 990-EZ | December 2024 | $14,237 | $16,026 | $245,090 | IRS |
| 990-EZ | December 2023 | $14,614 | $21,030 | $246,879 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | 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 42-1338010).
Questions about W P AND NELLE MCCLURE SCHOLARSHIP FUND
- What is the EIN of W P AND NELLE MCCLURE SCHOLARSHIP FUND?
- The employer identification number (EIN) of W P AND NELLE MCCLURE SCHOLARSHIP FUND is 42-1338010.
- Is W P AND NELLE MCCLURE SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to W P AND NELLE MCCLURE SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does W P AND NELLE MCCLURE SCHOLARSHIP FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of W P AND NELLE MCCLURE SCHOLARSHIP FUND 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 W P AND NELLE MCCLURE SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of W P AND NELLE MCCLURE SCHOLARSHIP FUND?
- The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does W P AND NELLE MCCLURE SCHOLARSHIP FUND have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $15,505, expenses of $16,810 and total assets of $243,785 at year end.
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