Nonprofit · EIN 42-6507733
JEPSEN TRUST
Also known as CO CITIZENS FIRST NATIONAL BANK
Tax-exempt · STORM LAKE, IA 50588
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990-PF | $44,461 | $38,305 | $6,156 | $558,821 | $0 | $558,821 |
| June 30, 2025 | 990-PF | $41,430 | $31,109 | $10,321 | $552,665 | $0 | $552,665 |
| June 30, 2024 | 990-PF | $26,140 | $33,502 | -$7,362 | $542,344 | $0 | $542,344 |
Financial details: 990-PF for the year ended June 30, 2026
Revenue
- Dividends
- $23,611
- Interest
- $3,150
- Net gain from sales of assets
- $17,700
Expenses
- Grants and similar amounts paid
- $28,900
- Compensation of officers, directors and key employees
- $6,815
- Disbursements for charitable purposes
- $31,490
- Excise tax on investment income
- $618
Balance sheet and other
- Total assets, start of year
- $552,665
- Total assets, end of year
- $558,821
- Total liabilities, end of year
- $0
- Net assets, end of year
- $558,821
- Fair market value of assets
- $682,570
- Qualifying distributions
- $31,490
- Net investment income
- $44,461
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 June 30, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CITIZENS FIRST NATIONAL BANK PO BOX 1227, STORM LAKE, IA 50588 | TRUSTEE | 1 | $6,815 |
990-PF for the year ended June 30, 2025: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CITIZENS FIRST NATIONAL BANK PO BOX 1227, STORM LAKE, IA 50588 | TRUSTEE | 1 | $5,489 |
990-PF for the year ended June 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CITIZENS FIRST NATIONAL BANK PO BOX 1227, STORM LAKE, IA 50588 | TRUSTEE | 1 | $5,577 |
Address and contacts
- Address (IRS master file)
- PO BOX 1227, STORM LAKE, IA 50588-1227
- In care of
- % CITIZENS FIRST NATIONAL BNK TTEE
- Signed the 990-PF
- CITIZENS FIRST NATIONAL BANK, TRUSTEE
- Phone
- (712) 213-3613
- Return prepared by
- ROSENE PICKHINKE PETERS & CO 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990-PF on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 42-6507733
- 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
- 1994
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $558,821
- Income (IRS master file)
- $79,105
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2026 | $44,461 | $38,305 | $558,821 | XML |
| 990-PF | June 2025 | $41,430 | $31,109 | $552,665 | XML |
| 990-PF | June 2024 | $26,140 | $33,502 | $542,344 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
| 990-PF | June 2019 | – | – | – | 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 42-6507733).
Questions about JEPSEN TRUST
- What is the EIN of JEPSEN TRUST?
- The employer identification number (EIN) of JEPSEN TRUST is 42-6507733.
- Is JEPSEN TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to JEPSEN TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does JEPSEN TRUST file?
- Form 990-PF. Private foundations file every year.
- When is the next return of JEPSEN TRUST due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JEPSEN TRUST last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2026.
- Who are the officers and directors of JEPSEN TRUST?
- The 990-PF for the year ended June 30, 2026 lists 1 person; 1 received compensation from the organization, the highest $6,815 (CITIZENS FIRST NATIONAL BANK, TRUSTEE).
- How much revenue does JEPSEN TRUST have?
- On its 990-PF for the year ended June 30, 2026 it reported revenue of $44,461, expenses of $38,305 and total assets of $558,821 at year end.
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