Iowa Pharmacy Foundation

Urbandale, IA
Tax-exempt since July 2018
EIN: 42-6075767

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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.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Operating Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$222k (2024)

Expenses

$202k (2024)

Total Assets

$2.55M (2024)

Total Liabilities

$19.7k (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

$221,928

Expenses

$202,399

Net Income

$19,529

Net Assets

$2,528,170

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$61,133	27.5%
Interest Revenue	$0
Dividends	$39,949	18.0%
Sales of Assets	$72,156	32.5%
Other Income	$48,690	21.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$127,942	63.2%
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	$2,547,903
Total Liabilities	$19,733
Net Assets	$2,528,170

Compensation

Key Employees and Officers	Compensation	Other
John Swegle (President)	$0	$0
Rick Knudson (Vice President)	$0	$0
Kate Gainer (Secretary/Treasurer)	$0	$0
Jill Kolesar (Director)	$0	$0
Bob Greenwood (Director)	$0	$0
Craig Logemann (Director)	$0	$0
Cheri Schmit (Director)	$0	$0
Michele Evink (Director)	$0	$0
Cheryl Clarke (Director)	$0	$0
Connie Connolly (Director)	$0	$0
Diane Reist (Director)	$0	$0
Chris Clayton (Director)	$0	$0
Erick Maki (Director)	$0	$0

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990-PF

Filed on Nov. 14, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$190,324

Expenses

$182,140

Net Income

$8,184

Net Assets

$2,369,393

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$97,363	51.2%
Interest Revenue	$291	0.2%
Dividends	$33,852	17.8%
Sales of Assets	$11,822	6.2%
Other Income	$46,996	24.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$113,082	62.1%
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	$2,433,125
Total Liabilities	$63,732
Net Assets	$2,369,393

Compensation

Key Employees and Officers	Compensation	Other
John Swegle (President)	$0	$0
Rick Knudson (Vice President)	$0	$0
Kate Gainer (Secretary/Treasurer)	$0	$0
Gary Milavetz (Director)	$0	$0
Bob Greenwood (Director)	$0	$0
Craig Logemann (Director)	$0	$0
Renae Chesnut (Director)	$0	$0
Michele Evink (Director)	$0	$0
Cheryl Clarke (Director)	$0	$0
Connie Connolly (Director)	$0	$0
Diane Reist (Director)	$0	$0
Chris Clayton (Director)	$0	$0

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990-PF

Filed on Nov. 13, 2024

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

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Fiscal Year Ending Dec.
2022

Revenue

$149,429

Expenses

$172,193

Net Income

-$22,764

Net Assets

$2,144,571

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$57,557	38.5%
Interest Revenue	$0
Dividends	$34,608	23.2%
Sales of Assets	$22,484	15.0%
Other Income	$34,780	23.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$109,093	63.4%
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	$2,202,243
Total Liabilities	$57,672
Net Assets	$2,144,571

Compensation

Key Employees and Officers	Compensation	Other
Renae Chesnut (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
Gary Milavetz (Member)	$0	$0
Bob Greenwood (Member)	$0	$0
Craig Logemann (Member)	$0	$0
Cheryl Clarke (Member)	$0	$0
Connie Connolly (Member)	$0	$0
Michele Evink (Member)	$0	$0
Diane Reist (Member)	$0	$0
Carl Chalstrom Left Sept 2022 (Member)	$0	$0
Tom Halterman Left Sept 2022 (Member)	$0	$0
John Swegle (President)	$0	$0
Rick Knudson (Vice Preside)	$0	$0
Kate Gainer (Secretary/Tr)	$0	$0
Steve Firman Left Sept 2022 (Past Preside)	$0	$0

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990-PF

Filed on Oct. 10, 2023

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

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Fiscal Year Ending Dec.
2021

Revenue

$216,946

Expenses

$184,811

Net Income

$32,135

Net Assets

$2,479,508

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$81,006	37.3%
Interest Revenue	$0
Dividends	$50,551	23.3%
Sales of Assets	$60,900	28.1%
Other Income	$24,489	11.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$130,040	70.4%
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	$2,534,132
Total Liabilities	$54,624
Net Assets	$2,479,508

Compensation

Key Employees and Officers	Compensation	Other
Renae Chesnut (Member)	$0	$0
Carl Chalstrom (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
Tom Halterman (Member)	$0	$0
Gary Milavetz (Member)	$0	$0
Bob Greenwood (Member)	$0	$0
Rick Knudson (Member)	$0	$0
Craig Logemann (Member)	$0	$0
Cheryl Clarke (Member)	$0	$0
Connie Connolly (Member)	$0	$0
Steve Firman (President)	$0	$0
John Swegle (Vice Preside)	$0	$0
Kate Gainer (Secretary/Tr)	$0	$0

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990-PF

Filed on Nov. 10, 2022

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

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Fiscal Year Ending Dec.
2020

Revenue

$139,214

Expenses

$129,786

Net Income

$9,428

Net Assets

$2,283,316

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$84,064	60.4%
Interest Revenue	$0
Dividends	$28,676	20.6%
Sales of Assets	$19,170	13.8%
Other Income	$7,304	5.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$83,492	64.3%
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	$2,335,730
Total Liabilities	$52,414
Net Assets	$2,283,316

Compensation

Key Employees and Officers	Compensation	Other
Renae Chesnut (Member)	$0	$0
Carl Chalstrom (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
Tom Halterman (Member)	$0	$0
Gary Milavetz (Member)	$0	$0
Bob Greenwood (Member)	$0	$0
Rick Knudson (Member)	$0	$0
Craig Logemann (Member)	$0	$0
Cheryl Clarke (Member)	$0	$0
Steve Firman (President)	$0	$0
John Swegle (Vice Preside)	$0	$0
Bob Stessman Left Sept 2020 (Vice Preside)	$0	$0
Kate Gainer (Secretary/Tr)	$0	$0

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990-PF

Filed on Nov. 12, 2021

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

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Fiscal Year Ending Dec.
2019

Revenue

$218,146

Expenses

$203,902

Net Income

$14,244

Net Assets

$2,116,946

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$95,944	44.0%
Interest Revenue	$0
Dividends	$35,885	16.4%
Sales of Assets	$29,941	13.7%
Other Income	$56,376	25.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$138,057	67.7%
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	$2,169,306
Total Liabilities	$52,360
Net Assets	$2,116,946

Compensation

Key Employees and Officers	Compensation	Other
Renae Chesnut (Member)	$0	$0
Carl Chalstrom (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
John Swegle (Member)	$0	$0
Tom Halterman (Member)	$0	$0
Gary Milavetz (Member)	$0	$0
Bob Greenwood (Member)	$0	$0
Rick Knudson (Member)	$0	$0
Craig Logemann (Member)	$0	$0
Steve Firman (President)	$0	$0
Bob Stessman (Vice Preside)	$0	$0
Kate Gainer (Secretary/Tr)	$0	$0
Bill Baer (Past Preside)	$0	$0

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990-PF

Filed on Nov. 4, 2020

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

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Fiscal Year Ending Dec.
2018

Revenue

$232,537

Expenses

$239,744

Net Income

-$7,207

Net Assets

$1,876,046

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$110,139	47.4%
Interest Revenue	$0
Dividends	$41,320	17.8%
Sales of Assets	$20,717	8.9%
Other Income	$60,361	26.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$116,509	48.6%
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	$1,913,602
Total Liabilities	$37,556
Net Assets	$1,876,046

Compensation

Key Employees and Officers	Compensation	Other
Bill Baer (President)	$0	$0
Steve Firman (Vice Preside)	$0	$0
Kate Gainer (Secretary/Tr)	$0	$0
Jay Currie (Past Vice Pr)	$0	$0
Renae Chesnut (Member)	$0	$0
Bob Stessman (Member)	$0	$0
Carl Chalstrom (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
John Swegle (Member)	$0	$0
Tom Halterman (Member)	$0	$0
Gary Milavetz (Member)	$0	$0
Bob Greenwood (Member)	$0	$0
Rick Knudson (Member)	$0	$0

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990-PF

Filed on Nov. 5, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$313,214

Expenses

$197,200

Net Income

$116,014

Net Assets

$2,061,042

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$211,344	67.5%
Interest Revenue	$0
Dividends	$29,932	9.6%
Sales of Assets	$19,281	6.2%
Other Income	$52,657	16.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$96,881	49.1%
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	$2,099,432
Total Liabilities	$38,390
Net Assets	$2,061,042

Compensation

Key Employees and Officers	Compensation	Other
Bill Baer (President)	$0	$0
Jay Currie (Vice Preside)	$0	$0
Kate Gainer (Secretary/Tr)	$0	$0
Renae Chesnut (Member)	$0	$0
Bob Stessman (Member)	$0	$0
Carl Chalstrom (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
Steve Firman (Member)	$0	$0
John Swegle (Member)	$0	$0
Tom Halterman (Member)	$0	$0
Gary Milavetz (Member)	$0	$0
Bob Greenwood (Member)	$0	$0

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990-PF

Filed on Nov. 14, 2018

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

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Fiscal Year Ending Dec.
2016

Revenue

$431,894

Expenses

$173,903

Net Income

$257,991

Net Assets

$1,774,541

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$368,340	85.3%
Interest Revenue	$0
Dividends	$12,208	2.8%
Sales of Assets	$4,386	1.0%
Other Income	$46,960	10.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$107,864	62.0%
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	$1,867,474
Total Liabilities	$92,933
Net Assets	$1,774,541

Compensation

Key Employees and Officers	Compensation	Other
Bill Baer (President)	$0	$0
Jay Currie (Vice Preside)	$0	$0
Kate Gainer (Secretary/Tr)	$0	$0
Bernard Sorofman (Member)	$0	$0
Renae Chesnut (Member)	$0	$0
Bob Stessman (Member)	$0	$0
Carl Chalstrom (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
Cheri Rockhold Schmit (Member)	$0	$0
Steve Firman (Member)	$0	$0
John Swegle (Member)	$0	$0
Tom Halterman (Member)	$0	$0

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990-PF

Filed on Nov. 14, 2017

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

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Fiscal Year Ending Dec.
2015

Revenue

$948,414

Expenses

$179,705

Net Income

$768,709

Net Assets

$1,455,009

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$840,925	88.7%
Interest Revenue	$23,852	2.5%
Dividends	$0
Sales of Assets	$22,424	2.4%
Other Income	$61,213	6.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$151,761	84.5%
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	$1,562,753
Total Liabilities	$107,744
Net Assets	$1,455,009

Compensation

Key Employees and Officers	Compensation	Other
Tim Becker (President)	$0	$0
Bill Baer (Vice Preside)	$0	$0
Kate Gainer (Secretary/Tr)	$0	$0
Bernard Sorofman (Member)	$0	$0
Renae Chesnut (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
Sue Purcell (Member)	$0	$0
Jay Currie (Member)	$0	$0
Bob Stessman (Member)	$0	$0
Carl Chalstrom (Member)	$0	$0
Cheri Rockhold Schmit (Member)	$0	$0

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990-PF

Filed on Aug. 17, 2016

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

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Fiscal Year Ending Dec.
2014

Revenue

$292,683

Expenses

$279,432

Net Income

$13,251

Net Assets

$779,203

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$187,292	64.0%
Interest Revenue	$20,660	7.1%
Dividends	$0
Sales of Assets	$35,373	12.1%
Other Income	$49,358	16.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$250,749	89.7%
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	$861,299
Total Liabilities	$82,096
Net Assets	$779,203

Compensation

Key Employees and Officers	Compensation	Other
Tim Becker (President)	$0	$0
Bill Baer (Vice President)	$0	$0
Kate Gainer (Secretary/Treasurer)	$0	$0
Bernard Sorofman (Member)	$0	$0
Wendy Duncan (Member)	$0	$0
Carl Chalstrom (Member)	$0	$0
Sue Purcell (Member)	$0	$0
Cheri Rockhold Schmit (Member)	$0	$0
Jay Currie (Member)	$0	$0
Julie Kuhle (Member)	$0	$0
Bob Stessman (Member)	$0	$0
Renae Chesnut (Member)	$0	$0

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990-PF

Filed on Sept. 14, 2015

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

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Fiscal Year Ending Dec.
2013

Revenue

$254,107

Expenses

$294,546

Net Income

-$40,439

Net Assets

$790,375

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$194,442	76.5%
Interest Revenue	$13,877	5.5%
Dividends	$0
Sales of Assets	$14,198	5.6%
Other Income	$31,590	12.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$275,459	93.5%
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	$882,163
Total Liabilities	$91,788
Net Assets	$790,375

Compensation

Key Employees and Officers	Compensation	Other
Tim Becker (President)	$0	$0
Bill Baer (Vice President)	$0	$0
Kate Gainer (Secretary/Treasurer)	$0	$0
Don Letendre (Member)	$0	$0
Raylene Rospond (Member)	$0	$0
Steve Mullenix (Member)	$0	$0
Sue Purcell (Member)	$0	$0
Jim Wallace (Member)	$0	$0
Jay Currie (Member)	$0	$0
Leman Olson (Member)	$0	$0
Bob Stessman (Member)	$0	$0
Renae Chesnut (Member)	$0	$0

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990-PF

Filed on Nov. 17, 2014

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

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Fiscal Year Ending Dec.
2012

Revenue

$215,463

Expenses

$261,422

Net Income

-$45,959

Net Assets

$825,450

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$154,261	71.6%
Interest Revenue	$0
Dividends	$14,271	6.6%
Sales of Assets	$13,860	6.4%
Other Income	$33,071	15.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$238,414	91.2%
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	$882,929
Total Liabilities	$57,479
Net Assets	$825,450

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$415,938

Expenses

$205,897

Net Income

$210,041

Net Assets

$831,532

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$377,547	90.8%
Interest Revenue	$0
Dividends	$11,906	2.9%
Sales of Assets	$0
Other Income	$30,791	7.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$175,212	85.1%
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	$842,150
Total Liabilities	$10,618
Net Assets	$831,532

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

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Iowa Pharmacy Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $222k (2024)

Expenses $202k (2024)

Total Assets $2.55M (2024)

Total Liabilities $19.7k (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

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990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

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990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

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Revenue

$222k (2024)

Expenses

$202k (2024)

Total Assets

$2.55M (2024)

Total Liabilities

$19.7k (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