Nonprofit · EIN 42-1368650
THE WELLMARK FOUNDATION
Tax-exempt · DES MOINES, IA 50309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $3,039,209 | $3,945,427 | -$906,218 | $79,766,543 | $452,797 | $79,313,746 |
| December 31, 2023 | 990-PF | $6,770,892 | $4,194,297 | $2,576,595 | $74,300,021 | $401,749 | $73,898,272 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $899,941
- Net gain from sales of assets
- -$2,897,876
- Other income
- $5,037,144
Expenses
- Grants and similar amounts paid
- $3,101,299
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $3,712,132
- Excise tax on investment income
- $51,037
Balance sheet and other
- Total assets, start of year
- $74,300,021
- Total assets, end of year
- $79,766,543
- Total liabilities, end of year
- $452,797
- Net assets, end of year
- $79,313,746
- Fair market value of assets
- $79,766,543
- Qualifying distributions
- $3,712,132
- Net investment income
- $3,813,839
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 |
|---|---|---|---|
| Kris DeGraff 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director | 1 | $0 |
| Mary Beth Hart 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director | 1 | $0 |
| Cammy Jenkins 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director | 1 | $0 |
| Jennifer Mentele 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director | 1 | $0 |
| Laura Jackson 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Chairperson | 1 | $0 |
| Christa D Kuennen 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Treasurer | 1 | $0 |
| Scott A Sundstrom 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Secretary | 1 | $0 |
| Sherwin Robinson 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director | 1 | $0 |
990-PF for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kris DeGraff 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (4/24 - 12/31) | 1 | $0 |
| Mary Beth Hart 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (4/24 - 12/31) | 1 | $0 |
| Cammy Jenkins 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (4/24 - 12/31) | 1 | $0 |
| Jennifer Mentele 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (4/24 - 12/31) | 1 | $0 |
| Laura Jackson 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Chairperson | 1 | $0 |
| Christa D Kuennen 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Treasurer | 1 | $0 |
| Scott A Sundstrom 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Secretary | 1 | $0 |
| Sherwin Robinson 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (4/24 - 12/31) | 1 | $0 |
| Thomas M Cink MD 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (1/1 - 4/24) | 1 | $0 |
| John D Forsyth 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (1/1 - 4/24) | 1 | $0 |
| Izaah Knox 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (1/1 - 4/24) | 1 | $0 |
| Thomas M McMahon 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (1/1 - 4/24) | 1 | $0 |
| Chris G Atchison 1331 Grand Avenue Station 4W526, Des Moines, IA 50309 | Director (1/1 - 4/24) | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1331 GRAND AVENUE STATION 4W526, DES MOINES, IA 50309-2901
- In care of
- % CHRISTA KUENNEN
- Signed the 990-PF
- CHRISTA KUENNEN, TREASURER
- Phone
- (515) 376-5066
- Return prepared by
- KPMG LLP
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
- 42-1368650
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $79,766,543
- Income (IRS master file)
- $15,541,203
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $3,039,209 | $3,945,427 | $79,766,543 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $6,770,892 | $4,194,297 | $74,300,021 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 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 42-1368650).
Questions about THE WELLMARK FOUNDATION
- What is the EIN of THE WELLMARK FOUNDATION?
- The employer identification number (EIN) of THE WELLMARK FOUNDATION is 42-1368650.
- Is THE WELLMARK FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to THE WELLMARK FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE WELLMARK FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE WELLMARK FOUNDATION 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 THE WELLMARK FOUNDATION 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 THE WELLMARK FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does THE WELLMARK FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $3,039,209, expenses of $3,945,427 and total assets of $79,766,543 at year end.
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