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Nonprofit · EIN 42-1580120

HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION

Tax-exempt · DES MOINES, IA 50309

Financials

$42K$28K2023$53K$40K2024$26K$30K2025
Revenue Expenses · by fiscal year end
Financials of HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$25,791$30,102-$4,311$154,788–$154,788
December 31, 2024990-EZ$52,988$39,714$13,274$159,099–$159,099
December 31, 2023990-EZ$41,849$27,900$13,949$143,643–$143,643
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$31,684
Investment income
$1,885
Net income from fundraising events
-$7,778

Expenses

Grants and similar amounts paid
$29,300
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$705
Other expenses
$97
Program services (functional)
$29,300

Balance sheet and other

Total assets, start of year
$159,099
Total assets, end of year
$154,788
Total liabilities, end of year
–
Net assets, end of year
$154,788
Cash, savings and investments
$154,788
Gross receipts
$33,569

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.

NameTitleHours / weekCompensation
JAY IVERSONSecretary1$0
MIKE FARRChairman1$0
DAN KNOUPDirector1$0
TIM RUTHDirector1$0
990-EZ for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
JAY IVERSONSecretary1$0
MIKE FARRChairman1$0
DAN KNOUPDirector1$0
TIM RUTHDirector1$0
KATE ARNESTDirector1$0
990-EZ for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
JAY IVERSONSecretary1$0
MIKE FARRChairman1$0
LESLIE MAYOVICE CHAIRMAN1$0
TARI DAILEYDirector1$0
DAN KNOUPDirector1$0
TIM RUTHDirector1$0
KATE ARNESTDirector1$0
STEVE SHUEYDirector1$0

Address and contacts

Address (IRS master file)
400 E COURT AVE STE 240, DES MOINES, IA 50309-2023
In care of
% FLORA A SCHMIDT
Mailing address (990-N for 2019)
400 EAST COURT AVE SUITE 370, DES MOINES IA 50309
Principal officer (990-N for 2019)
JAY IVERSON, 400 EAST COURT AVE SUITE 370, DES MOINES IA 50309
Signed the 990-EZ
JAY IVERSON, Secretary
Phone
(515) 278-0255
Return prepared by
TARBELL & CO PLC

Mission

TO PROMOTE THE CONSTRUCTION INDUSTRY BY INCREASING AWARENESS OF THE SKILLED TRADES AND TO PROVIDE SCHOLARSHIPS TO STUDENTS PURSUING THE INDUSTRY.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • TO PROVIDE INFORMATION AND FINANCIAL INCENTIVE FOR STUDENTS CONSIDERING THE SKILLED TRADES.
    Expenses $29,300 · grants $29,300
  • TO PROVIDE INFORMATION AND FINANCIAL INCENTIVE FOR STUDENTS CONSIDERING THE SKILLED TRADES THROUGH COMPETITION AND AWARD.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
42-1580120
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$154,788
Income (IRS master file)
$33,569

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$25,791$30,102$154,788IRS
990-EZDecember 2024$52,988$39,714$159,099IRS
990-EZDecember 2023$41,849$27,900$143,643XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: JAY IVERSON
December 31, 2019≤ $50,000 receipts––e-Postcard
990-EZDecember 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 42-1580120).

Questions about HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION

What is the EIN of HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION?
The employer identification number (EIN) of HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION is 42-1580120.
Is HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION 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 HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION?
The 990-N for 2019 names JAY IVERSON.
Who are the officers and directors of HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION?
The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does HOME BUILDERS ASSOCIATION OF IOWA EDUCATIONAL CORPORATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $25,791, expenses of $30,102 and total assets of $154,788 at year end.

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