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Iald Educational Trust Fund Inc

Rocio A Shah Cont

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$137k (2023)

Expenses
$153k (2023)

Total Assets
$2.03M (2023)

Total Liabilities
$12.5k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$137,336
Expenses
$152,792
Net Income
-$15,456
Net Assets
$2,020,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $65,493
47.7%
Program Services $0
Investment Income $71,843
52.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $62,654
41.0%
Professional Fundraising Fees $0
Other Salaries and Wages $14,937
9.8%
Assets/Debt
Total Assets $2,032,831
Total Liabilities $12,497
Net Assets $2,020,334
Compensation
Key Employees and Officers Compensation Related Other
Rocio Shah (Controller) $32,600 $0 $5,498
May Schlotzhauer (Director Iald Education) $21,854 $0 $0
Christopher Knowlton (Executive Director) $8,200 $0 $0
Greg Barrett (President's Selected Direc) $0 $0 $0
Andrea Wilkerson (President) $0 $0 $0
Monica Lobo (Iald Representative) $0 $0 $0
Rachel Fitzgerald (Iald Representative) $0 $0 $0
Nancy Stathes (Lirc Representative) $0 $0 $0
Jill Cody (Secretary Treasurer) $0 $0 $0
Catherine Leskowat (Director At Large) $0 $0 $0
Danielle Volpe (Director At Large) $0 $0 $0
Rosemarie Allaire (Director At Large) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$126,268
Expenses
$156,056
Net Income
-$29,788
Net Assets
$1,822,478
Notable Sources of Revenue Percent of Total Revenue
Contributions $86,564
68.6%
Program Services $0
Investment Income $39,704
31.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $41,086
26.3%
Professional Fundraising Fees $0
Other Salaries and Wages $19,239
12.3%
Assets/Debt
Total Assets $1,842,414
Total Liabilities $19,936
Net Assets $1,822,478
Compensation
Key Employees and Officers Compensation Related Other
Rocio Shah (Controller) $36,086 $42,393 $13,852
Christopher Knowlton (Executive Director) $7,934 $71,412 $0
Greg Barrett (President's Selected Director) $0 $0 $0
Andrea Wilkerson (President) $0 $0 $0
Monica Lobo (Iald Representative) $0 $0 $0
Rachel Fitzgerald (Iald Representative) $0 $0 $0
Rick Leeds (Lirc Representative) $0 $0 $0
Jill Cody (Treasurer) $0 $0 $0
Catherine Leskowat (Director) $0 $0 $0
David Ghatan (Director) $0 $0 $0
Victor M Palacio (Director) $0 $0 $0
May Schlotzhauer (Director Iald Education Trust) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$136,886
Expenses
$159,856
Net Income
-$22,970
Net Assets
$2,055,487
Notable Sources of Revenue Percent of Total Revenue
Contributions $110,550
80.8%
Program Services $0
Investment Income $26,336
19.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $106,434
66.6%
Assets/Debt
Total Assets $2,127,152
Total Liabilities $71,665
Net Assets $2,055,487
Compensation
Key Employees and Officers Compensation Related Other
Jimalee Beno (President) $0 $0 $0
Andrea Wilkerson (Secretary) $0 $0 $0
Douglas Leonard (Iald Representative) $0 $0 $0
Mariel Fuentes (Iald Representative) $0 $0 $0
Rick Leeds (Lirc Representative) $0 $0 $0
Jill Cody (President's Selected Director) $0 $0 $0
Marco Palandella (Director) $0 $0 $0
David Ghatan (Director) $0 $0 $0
Victor M Palacio (Director) $0 $0 $0
Marsha Turner (Former Executive Director) $0 $442,040 $26,702
Ashley Robbins (Former Executive Director) $0 $97,407 $13,173

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$179,405
Expenses
$187,836
Net Income
-$8,431
Net Assets
$1,988,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $156,467
87.2%
Program Services $0
Investment Income $22,938
12.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $80,820
43.0%
Assets/Debt
Total Assets $2,021,029
Total Liabilities $32,434
Net Assets $1,988,595
Compensation
Key Employees and Officers Compensation Related Other
Jimalee Beno (President) $0 $0 $0
Andrea Wilkerson (Secretary Treasurer) $0 $0 $0
David Ghatan (Iald Rep #1) $0 $0 $0
Rick Leeds (Lirc Rep) $0 $0 $0
Marco Palandella (Dir At Large) $0 $0 $0
Victor Palacio (Dir At Large) $0 $0 $0
Marial Fuentes (Iald Rep #2) $0 $0 $0
Jill Cody (President's Selected Director) $0 $0 $0
Miki Matsushita (Dir At Large) $0 $0 $0
Marsha Turner (Executive Director) $0 $284,728 $25,687

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Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$565,459
Expenses
$264,303
Net Income
$301,156
Net Assets
$1,898,008
Notable Sources of Revenue Percent of Total Revenue
Contributions $555,002
98.2%
Program Services $0
Investment Income $16,823
3.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$22,386
Sales of Assets $16,020
2.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $114,459
43.3%
Assets/Debt
Total Assets $1,929,601
Total Liabilities $31,593
Net Assets $1,898,008
Compensation
Key Employees and Officers Compensation Related Other
Jimalee Beno (President) $0 $0 $0
Andrea Wilkerson (Secretary Treasurer) $0 $0 $0
David Ghatan (Iald Rep #1) $0 $0 $0
Steve Brown (Iald Rep #2) $0 $0 $0
Rick Leeds (Lirc Rep) $0 $0 $0
Sandra Vasconez (Pres Selected Dir) $0 $0 $0
Marco Palandella (Dir At Large) $0 $0 $0
Miki Matsushita (Dir At Large) $0 $0 $0
Victor Palacio (Dir At Large) $0 $0 $0
Marsha Turner (Executive Director) $0 $270,453 $25,781

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Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$458,405
Expenses
$322,622
Net Income
$135,783
Net Assets
$1,569,808
Notable Sources of Revenue Percent of Total Revenue
Contributions $516,366
> 100%
Program Services $0
Investment Income $7,597
1.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$65,939
Sales of Assets $381
0.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $120,630
37.4%
Assets/Debt
Total Assets $1,614,396
Total Liabilities $44,588
Net Assets $1,569,808
Compensation
Key Employees and Officers Compensation Related Other
Jimalee Beno (President) $0 $0 $0
Victor M Palacio (Iald Representative #1) $0 $0 $0
Steve Brown (Iald Representative #2) $0 $0 $0
Rick Leeds (Lirc Representative) $0 $0 $0
Marco Palandella (Director At Large) $0 $0 $0
Andrea Wilkerson (Treasurer) $0 $0 $0
Barbara Horton (Director At Large) $0 $0 $0
Sandra Vasconez (President's Selected Direc) $0 $0 $0
Miki Matsushita (Director At Large) $0 $0 $0
Marsha L Turner (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$563,257
Expenses
$302,376
Net Income
$260,881
Net Assets
$1,436,610
Notable Sources of Revenue Percent of Total Revenue
Contributions $575,228
> 100%
Program Services $0
Investment Income $3,057
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$18,640
Sales of Assets $3,612
0.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $116,890
38.7%
Assets/Debt
Total Assets $1,817,245
Total Liabilities $380,635
Net Assets $1,436,610
Compensation
Key Employees and Officers Compensation Related Other
Andrea Hartranft (President) $0 $0 $0
Jimalee Beno (Secretary Treasurer) $0 $0 $0
Victor M Palacio (Iald Representative #1) $0 $0 $0
Steve Brown (Iald Representative #2) $0 $0 $0
Rick Leeds (Lirc Representative) $0 $0 $0
Marco Palandella (President's Selected Direc) $0 $0 $0
Laura Thompson (Director At Large) $0 $0 $0
Andrea Wilkerson (Director At Large) $0 $0 $0
Barbara Horton (Director At Large) $0 $0 $0
Marsha L Turner (Executive Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$393,626
Expenses
$216,142
Net Income
$177,484
Net Assets
$1,170,750
Notable Sources of Revenue Percent of Total Revenue
Contributions $404,614
> 100%
Program Services $0
Investment Income $1,921
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$83
Sales of Assets -$12,826
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $70,705
32.7%
Assets/Debt
Total Assets $1,574,987
Total Liabilities $404,237
Net Assets $1,170,750

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$387,473
Expenses
$186,634
Net Income
$200,839
Net Assets
$980,675
Notable Sources of Revenue Percent of Total Revenue
Contributions $439,450
> 100%
Program Services $0
Investment Income $2,261
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$61,221
Sales of Assets $6,965
1.8%
Net Inventory Sales $0
Other Revenue $18
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $64,539
34.6%
Assets/Debt
Total Assets $1,276,799
Total Liabilities $296,124
Net Assets $980,675

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$503,908
Expenses
$194,694
Net Income
$309,214
Net Assets
$812,330
Notable Sources of Revenue Percent of Total Revenue
Contributions $549,884
> 100%
Program Services $0
Investment Income $256
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$45,482
Sales of Assets -$750
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $52,155
26.8%
Assets/Debt
Total Assets $991,971
Total Liabilities $179,641
Net Assets $812,330

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$322,480
Expenses
$181,050
Net Income
$141,430
Net Assets
$511,680
Notable Sources of Revenue Percent of Total Revenue
Contributions $339,529
> 100%
Program Services $0
Investment Income $428
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$22,230
Sales of Assets $4,753
1.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $61,270
33.8%
Assets/Debt
Total Assets $582,277
Total Liabilities $70,597
Net Assets $511,680

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$219,444
Expenses
$200,196
Net Income
$19,248
Net Assets
$371,848
Notable Sources of Revenue Percent of Total Revenue
Contributions $274,150
> 100%
Program Services $0
Investment Income $500
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$55,206
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $36,000
18.0%
Assets/Debt
Total Assets $438,987
Total Liabilities $67,139
Net Assets $371,848

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$254,945
Expenses
$207,431
Net Income
$47,514
Net Assets
$352,600
Notable Sources of Revenue Percent of Total Revenue
Contributions $254,323
99.8%
Program Services $0
Investment Income $622
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $36,000
17.4%
Assets/Debt
Total Assets $427,117
Total Liabilities $74,517
Net Assets $352,600

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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