Premier Communications Foundation

C O Mutual Telephone Company

Sioux Center, IA
Tax-exempt since May 1991
EIN: 42-1358494

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Type of Nonprofit

Designated as a 501(c)(3) 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.

Donations to this organization are tax deductible.

Revenue

$616k (2024)

Expenses

$412k (2024)

Total Assets

$4.62M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

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.
2024

Revenue

$615,707

Expenses

$411,679

Net Income

$204,028

Net Assets

$4,615,200

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$48,500	7.9%
Interest Revenue	$42,224	6.9%
Dividends	$124,505	20.2%
Sales of Assets	$393,750	64.0%
Other Income	$6,728	1.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$371,000	90.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,615,200
Total Liabilities	$0
Net Assets	$4,615,200

Compensation

Key Employees and Officers	Compensation	Other
David Krahling (President)	$0	$0
Ryan Boone (Ceo)	$0	$0
Jim Mouw (Treasurer)	$0	$0
Ted Hengeveld (Director)	$0	$0
Michael D Mcalpine (Secretary)	$0	$0
Chad Feenstra (Vice Preside)	$0	$0
Stacie Dykstra (Director)	$0	$0
Rob Bixenman (Director)	$0	$0
David Brommer (Director)	$0	$0
Tony Thelen (Director)	$0	$0
John Pietila (Director)	$0	$0

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990-PF

Filed on May 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2023

Revenue

$402,919

Expenses

$400,894

Net Income

$2,025

Net Assets

$4,411,172

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$91,000	22.6%
Interest Revenue	$22,533	5.6%
Dividends	$121,221	30.1%
Sales of Assets	$166,331	41.3%
Other Income	$1,834	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$369,000	92.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,411,172
Total Liabilities	$0
Net Assets	$4,411,172

Compensation

Key Employees and Officers	Compensation	Other
David Krahling (President)	$0	$0
Ryan Boone (Ceo)	$0	$0
Jim Mouw (Treasurer)	$0	$0
Ted Hengeveld (Director)	$0	$0
Michael D Mcalpine (Secretary)	$0	$0
Chad Feenstra (Vice Preside)	$0	$0
Stacie Dykstra (Director)	$0	$0
Rob Bixenman (Director)	$0	$0
David Brommer (Director)	$0	$0
Tony Thelen (Director)	$0	$0

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990-PF

Filed on May 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$367,387

Expenses

$414,392

Net Income

-$47,005

Net Assets

$4,409,147

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$100,000	27.2%
Interest Revenue	$7,821	2.1%
Dividends	$117,559	32.0%
Sales of Assets	$141,902	38.6%
Other Income	$105	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$373,500	90.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,409,147
Total Liabilities	$0
Net Assets	$4,409,147

Compensation

Key Employees and Officers	Compensation	Other
David Krahling (President)	$0	$0
Ryan Boone (Ceo)	$0	$0
Jim Mouw (Treasurer)	$0	$0
Ted Hengeveld (Director)	$0	$0
Michael D Mcalpine (Secretary)	$0	$0
Chad Feenstra (Vice Preside)	$0	$0
Stacie Dykstra (Director)	$0	$0
Teresa Beck (Director)	$0	$0
Rob Bixenman (Director)	$0	$0
David Brommer (Director)	$0	$0

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990-PF

Filed on May 12, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$610,939

Expenses

$373,742

Net Income

$237,197

Net Assets

$4,456,152

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$40,000	6.5%
Interest Revenue	$6,767	1.1%
Dividends	$107,135	17.5%
Sales of Assets	$456,896	74.8%
Other Income	$141	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$336,500	90.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,456,152
Total Liabilities	$0
Net Assets	$4,456,152

Compensation

Key Employees and Officers	Compensation	Other
Howard Beernink (Director)	$0	$0
David Krahling (President)	$0	$0
Ryan Boone (Treasurer)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Michael D Mcalpine (Secretary)	$0	$0
Chad Feenstra (Vice Preside)	$0	$0
Stacie Dykstra (Director)	$0	$0

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990-PF

Filed on April 29, 2022

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$414,431

Expenses

$368,261

Net Income

$46,170

Net Assets

$4,218,954

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$52,250	12.6%
Interest Revenue	$6,401	1.5%
Dividends	$109,123	26.3%
Sales of Assets	$242,972	58.6%
Other Income	$3,685	0.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$338,750	92.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,218,955
Total Liabilities	$1
Net Assets	$4,218,954

Compensation

Key Employees and Officers	Compensation	Other
Howard Beernink (Director)	$0	$0
David Krahling (President)	$0	$0
Douglas Boone (Treasurer)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Michael D Mcalpine (Secretary)	$0	$0
Chad Feenstra (Vice Preside)	$0	$0
Monica Sedelmeier (Director)	$0	$0
Stacie Dykstra (Director)	$0	$0

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990-PF

Filed on May 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$523,506

Expenses

$424,690

Net Income

$98,816

Net Assets

$4,172,784

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$125,000	23.9%
Interest Revenue	$12,421	2.4%
Dividends	$116,749	22.3%
Sales of Assets	$268,025	51.2%
Other Income	$1,311	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$390,750	92.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,172,785
Total Liabilities	$1
Net Assets	$4,172,784

Compensation

Key Employees and Officers	Compensation	Other
Howard Beernink (Director)	$0	$0
David Krahling (President)	$0	$0
Douglas Boone (Treasurer)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Owen Dykshorn (Director)	$0	$0
Michael D Mcalpine (Secretary)	$0	$0
Chad Feenstra (Vice Preside)	$0	$0
Monica Sedelmeier (Director)	$0	$0

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990-PF

Filed on Aug. 12, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$599,994

Expenses

$355,204

Net Income

$244,790

Net Assets

$4,067,118

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$59,000	9.8%
Interest Revenue	$7,939	1.3%
Dividends	$123,727	20.6%
Sales of Assets	$409,281	68.2%
Other Income	$47	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$317,000	89.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,067,118
Total Liabilities	$0
Net Assets	$4,067,118

Compensation

Key Employees and Officers	Compensation	Other
Howard Beernink (Director)	$0	$0
David Krahling (President)	$0	$0
Douglas Boone (Treasurer)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Owen Dykshorn (Director)	$0	$0
Michael D Mcalpine (Secretary)	$0	$0
Chad Feenstra (Vice Preside)	$0	$0
Monica Sedelmeier (Director)	$0	$0

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990-PF

Filed on May 14, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$405,103

Expenses

$348,321

Net Income

$56,782

Net Assets

$3,822,328

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$62,000	15.3%
Interest Revenue	$7,159	1.8%
Dividends	$114,961	28.4%
Sales of Assets	$220,983	54.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$311,500	89.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,822,328
Total Liabilities	$0
Net Assets	$3,822,328

Compensation

Key Employees and Officers	Compensation	Other
Howard Beernink (Director)	$0	$0
David Krahling (President)	$0	$0
Douglas Boone (Treasurer)	$0	$0
Glen Vermeer (Secretary)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Owen Dykshorn (Director)	$0	$0
Michael D Mcalpine (Director)	$0	$0
Chad Feenstra (Vice Preside)	$0	$0

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990-PF

Filed on May 9, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$396,852

Expenses

$331,734

Net Income

$65,118

Net Assets

$3,765,546

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$80,500	20.3%
Interest Revenue	$7,432	1.9%
Dividends	$110,135	27.8%
Sales of Assets	$198,785	50.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$300,750	90.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,765,546
Total Liabilities	$0
Net Assets	$3,765,546

Compensation

Key Employees and Officers	Compensation	Other
Howard Beernink (President)	$0	$0
David Krahling (Vice Preside)	$0	$0
Douglas Boone (Treasurer)	$0	$0
Glen Vermeer (Secretary)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Owen Dykshorn (Director)	$0	$0
Michael D Mcalpine (Director)	$0	$0
Chad Feenstra (Director)	$0	$0

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990-PF

Filed on April 21, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$230,906

Expenses

$298,822

Net Income

-$67,916

Net Assets

$3,700,428

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$75,000	32.5%
Interest Revenue	$10,045	4.4%
Dividends	$107,000	46.3%
Sales of Assets	$38,861	16.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$264,750	88.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,700,428
Total Liabilities	$0
Net Assets	$3,700,428

Compensation

Key Employees and Officers	Compensation	Other
David Krahling (Vice Preside)	$0	$0
Douglas Boone (Treasurer)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Howard Beernink (President)	$0	$0
Owen Dykshorn (Director)	$0	$0
Glen Vermeer (Secretary)	$0	$0
Michael D Mcalpine (Director)	$0	$0
Chad Feenstra (Director)	$0	$0

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990-PF

Filed on May 12, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$355,334

Expenses

$283,614

Net Income

$71,720

Net Assets

$3,768,344

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$31,500	8.9%
Interest Revenue	$12,775	3.6%
Dividends	$120,213	33.8%
Sales of Assets	$189,929	53.5%
Other Income	$917	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$248,750	87.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,768,344
Total Liabilities	$0
Net Assets	$3,768,344

Compensation

Key Employees and Officers	Compensation	Other
David Krahling (Director)	$0	$0
Douglas Boone (Treasurer)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Howard Beernink (President)	$0	$0
Owen Dykshorn (Vice Preside)	$0	$0
Glen Vermeer (Secretary)	$0	$0
Michael D Mcalpine (Director)	$0	$0
Chad Feenstra (Director)	$0	$0

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990-PF

Filed on May 13, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$431,806

Expenses

$328,881

Net Income

$102,925

Net Assets

$3,696,624

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	11.6%
Interest Revenue	$15,570	3.6%
Dividends	$95,228	22.1%
Sales of Assets	$271,008	62.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$285,250	86.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,696,624
Total Liabilities	$0
Net Assets	$3,696,624

Compensation

Key Employees and Officers	Compensation	Other
David Krahling (Director)	$0	$0
Douglas Boone (Treasurer)	$0	$0
Jim Mouw (Director)	$0	$0
Ted Hengeveld (Director)	$0	$0
John Koerselman (Director)	$0	$0
Howard Beernink (President)	$0	$0
Owen Dykshorn (Vice Preside)	$0	$0
Glen Vermeer (Secretary)	$0	$0
Michael D Mcalpine (Director)	$0	$0
Lauren Vos (Director)	$0	$0

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990-PF

Filed on May 13, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$166,611

Expenses

$251,501

Net Income

-$84,890

Net Assets

$3,593,698

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21,429	12.9%
Dividends	$90,381	54.2%
Sales of Assets	$53,554	32.1%
Other Income	$1,247	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$213,250	84.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,593,699
Total Liabilities	$1
Net Assets	$3,593,698

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$202,156

Expenses

$272,926

Net Income

-$70,770

Net Assets

$3,678,594

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	24.7%
Interest Revenue	$14,296	7.1%
Dividends	$88,320	43.7%
Sales of Assets	$49,540	24.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$233,750	85.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,678,595
Total Liabilities	$1
Net Assets	$3,678,594

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

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Premier Communications Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $616k (2024)

Expenses $412k (2024)

Total Assets $4.62M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$616k (2024)

Expenses

$412k (2024)

Total Assets

$4.62M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001