Nonprofit · EIN 51-0157280
WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND
Tax-exempt · BILLINGS, MT 59116
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $141,848 | $72,589 | $69,259 | $1,616,331 | $0 | $1,616,331 |
| December 31, 2024 | 990 | $58,672 | $86,429 | -$27,757 | $1,546,211 | $0 | $1,546,211 |
| December 31, 2023 | 990 | $97,282 | $59,556 | $37,726 | $1,573,645 | $0 | $1,573,645 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $141,848
- Net gain from sales of assets
- $80,762
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $48,566
- Compensation of officers, directors and key employees
- $21,746
- Salaries, compensation and benefits (total)
- $21,746
- Professional fundraising fees
- $0
- Accounting fees
- $1,373
- Program services (functional)
- $48,566
- Management and general (functional)
- $24,023
Balance sheet and other
- Total assets, start of year
- $1,546,211
- Total assets, end of year
- $1,616,331
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,616,331
- Publicly traded securities
- $1,548,612
- Gross receipts
- $535,603
- Employees
- 0
- Year formed
- 1974
- State of legal domicile
- CO
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 |
|---|---|---|---|
| FIRST INTERSTATE BANK | TRUSTEE Institutional trustee | 2 | $21,746 |
990 for the year ended December 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FIRST INTERSTATE BANK | TRUSTEE Institutional trustee | 2 | $21,200 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FIRST INTERSTATE BANK | TRUSTEE Institutional trustee | 2 | $20,501 |
Address and contacts
- Address (IRS master file)
- PO BOX 30918, BILLINGS, MT 59116-0918
- In care of
- % FIRST INTERSTATE BANK TTEE
- Principal officer (990 for 2025)
- FIRST INTERSTATE BANK, PO BOX 30918, BILLINGS, MT 59116
- Signed the 990
- DEBRA UECKER, VP
- Phone
- (888) 791-4075
- Return prepared by
- ERNST & YOUNG US LLP
Mission
TO PROVIDE FUNDS TO ST. VRAIN VALLEY SCHOOL DISTRICT RE-1J FOR COLLEGE SCHOLARSHIPS AND LOANS
Program accomplishments
- ALL NET INCOME OF THE WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND IS PAID BY THE TRUSTEE TO THE BOARD OF EDUCATION OF SCHOOL DISTRICT RE-1J, LONGMONT, COLORADO AT LEAST ANNUALLY. THE BOARD OF EDUCATION IS AUTHORIZED TO DETERMINE THE SCHOLARSHIP RECIPIENTS AND, WITHOUT LIMIT AS TO THE TOTAL NUMBER, MAY OFFER SCHOLARSHIPS OR LOANS, OR BOTH, AT THE BOARD'S DISCRETION, TO BE USED IN NON-SECTARIAN SCHOOLS IN THE STATE OF COLORADO TO GRADUATES OF THE DISTRICT'S HIGH SCHOOLS.Expenses $48,566 · grants $48,566
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
- 51-0157280
- 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
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B820)
- Assets (IRS master file)
- $1,616,331
- Income (IRS master file)
- $535,603
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $141,848 | $72,589 | $1,616,331 | IRS |
| 990 | December 2024 | $58,672 | $86,429 | $1,546,211 | IRS |
| 990 | December 2023 | $97,282 | $59,556 | $1,573,645 | XML |
| 990 | December 2022 | $109,086 | $67,308 | $1,536,439 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 51-0157280).
Questions about WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND
- What is the EIN of WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND?
- The employer identification number (EIN) of WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND is 51-0157280.
- Is WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND 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 WELKER EDUCATIONAL SCHOLARSHIP AND LOAN 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 WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND 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 WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND?
- The 990 for the year ended December 31, 2025 names FIRST INTERSTATE BANK.
- Who are the officers and directors of WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND?
- The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $21,746 (FIRST INTERSTATE BANK, TRUSTEE).
- How much revenue does WELKER EDUCATIONAL SCHOLARSHIP AND LOAN FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $141,848, expenses of $72,589 and total assets of $1,616,331 at year end.
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