Nonprofit · EIN 42-1413145
L L APARTMENTS INC
Tax-exempt · CRESCO, IA 52136
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $7,164 | $7,164 | $0 | $680,919 | $16,829 | $664,090 |
| December 31, 2024 | 990 | $18,912 | $2,000 | $16,912 | $694,739 | $30,649 | $664,090 |
| December 31, 2023 | 990 | $43,731 | $9,500 | $34,231 | $692,322 | $45,144 | $647,178 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $1,360
- Net rental income
- $5,804
- Other revenue
- $5,804
Expenses
- Grants and similar amounts paid
- $7,164
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $7,164
Balance sheet and other
- Total assets, start of year
- $694,739
- Total assets, end of year
- $680,919
- Total liabilities, end of year
- $16,829
- Net assets, end of year
- $664,090
- Land, buildings and equipment
- $463,436
- Gross receipts
- $105,281
- Employees
- 0
- Volunteers
- 8
- Year formed
- 2001
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM SEELE | DIRECTOR Trustee or director | 0.5 | $0 |
| COURTNEY SHIMEK | TREASURER Trustee or director | 0.5 | $0 |
| RICHARD HOLTEN | SECRETARY Trustee or director | 0.5 | $0 |
| AL VOYNA | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK GRINHAUG | PRESIDENT Trustee or director | 0.5 | $0 |
| GARY SOVEREIGN | DIRECTOR Trustee or director | 0.5 | $0 |
| GARY FERRIE | DIRECTOR Trustee or director | 0.5 | $0 |
| SCOTT VOYNA | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM SEELE | PRESIDENT Trustee or director | 0.5 | $0 |
| COURTNEY SHIMEK | TREASURER Trustee or director | 0.5 | $0 |
| RICHARD HOLTEN | SECRETARY Trustee or director | 0.5 | $0 |
| AL VOYNA | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK GRINHAUG | DIRECTOR Trustee or director | 0.5 | $0 |
| GARY SOVEREIGN | DIRECTOR Trustee or director | 0.5 | $0 |
| GARY FERRIE | DIRECTOR Trustee or director | 0.5 | $0 |
| SCOTT VOYNA | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM SEELE | PRESIDENT Trustee or director | 0.5 | $0 |
| COURTNEY SHIMEK | TREASURER Trustee or director | 0.5 | $0 |
| RICHARD HOLTEN | SECRETARY Trustee or director | 0.5 | $0 |
| AL VOYNA | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK GRINHAUG | DIRECTOR Trustee or director | 0.5 | $0 |
| GARY SOVEREIGN | DIRECTOR Trustee or director | 0.5 | $0 |
| GARY FERRIE | DIRECTOR Trustee or director | 0.5 | $0 |
| SCOTT VOYNA | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 377, CRESCO, IA 52136-0377
- In care of
- % HENRY L ELWOOD
- Principal officer (990 for 2025)
- MARK GRINHAUG, 404 7th Ave SW, CRESCO, IA 52136
- Signed the 990
- MARK GRINHAUG, PRESIDENT
- Phone
- (563) 547-3321
- Return prepared by
- ELWOOD O'DONOHOE BRAUN & WHITE
Mission
OWNING APARTMENT BUILDINGS AND MAKING DONATIONS FROM NET INCOME FOR SCHOLARSHIPS AND COMMUNITY PROJECTS
Program accomplishments
- AWARDS OF MONEY FOR COLLEGE SCHOLARSHIPS AND COMMUNITY PROJECTSExpenses $7,164 · revenue $7,164
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 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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1413145
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $680,919
- Income (IRS master file)
- $105,281
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $7,164 | $7,164 | $680,919 | XML |
| 990 | December 2024 | $18,912 | $2,000 | $694,739 | XML |
| 990 | December 2023 | $43,731 | $9,500 | $692,322 | XML |
| 990 | December 2022 | $40,518 | $2,000 | $660,946 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 42-1413145).
Questions about L L APARTMENTS INC
- What is the EIN of L L APARTMENTS INC?
- The employer identification number (EIN) of L L APARTMENTS INC is 42-1413145.
- Is L L APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to L L APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does L L APARTMENTS INC 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 L L APARTMENTS INC 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 L L APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of L L APARTMENTS INC?
- The 990 for the year ended December 31, 2025 names MARK GRINHAUG.
- Who are the officers and directors of L L APARTMENTS INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does L L APARTMENTS INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $7,164, expenses of $7,164 and total assets of $680,919 at year end.
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- CRESCO CHAMBER OF COMMERCE EIN 42-0201448 · last filed 990 for 2025
- HOWARD COUNTY EMPLOYEES HEALTH PLAN TRUST EIN 42-1304621 · last filed 990 for 2026
- ASSOCIATION OF IOWA FAIRS EIN 42-0690241 · last filed 990 for 2025
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