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Virginia Gay Trust

  • Vinton, IA
  • Tax-exempt since Jan. 1995
  • EIN: 42-6367590

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.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
−$188k (2023)

Expenses
$115k (2023)

Total Assets
$12.3M (2023)

Total Liabilities
$3.95M (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 June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$188,269
Expenses
$115,219
Net Income
-$303,488
Net Assets
$8,387,640
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,324
Investment Income $233,556
Bond Proceeds $0
Royalties $0
Rental Property Income $359,453
Net Fundraising $0
Sales of Assets -$797,602
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $12,339,189
Total Liabilities $3,951,549
Net Assets $8,387,640
Compensation
Key Employees and Officers Compensation Related Other
John Yundt (Chair) $0 $0 $0
Sara Stuefan (Director) $0 $0 $0
John Mossman (Director) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
Dr Michelle Elgin Do (Director) $0 $244,902 $33,231
Bud Maynard (Director) $0 $0 $0
David Vermedahl (Director) $0 $0 $0
Michele Schoonover (Ceo) $0 $190,654 $19,875
Barry Dietsch (Cfo) $0 $177,052 $5,121
+ View more people

Document Links

990
Filed on Feb. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$219,318
Expenses
$3,685
Net Income
$215,633
Net Assets
$8,441,899
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $219,318
100%
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 $0
Assets/Debt
Total Assets $11,156,331
Total Liabilities $2,714,432
Net Assets $8,441,899
Compensation
Key Employees and Officers Compensation Related Other
John Yundt (Chair) $0 $0 $0
John Ketchen (Chair (Thru Oct 2021)) $0 $0 $0
Sara Stuefan (Director) $0 $0 $0
John Mossman (Director) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
Dr Michelle Elgin Do (Director) $0 $262,497 $28,249
Bud Maynard (Director) $0 $0 $0
David Vermedahl (Director) $0 $0 $0
Michele Schoonover (Ceo) $0 $171,164 $26,581
Barry Dietsch (Cfo) $0 $165,824 $4,295
+ View more people

Document Links

990
Filed on March 8, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$132,398
Expenses
$1,440
Net Income
$130,958
Net Assets
$5,335,831
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $132,398
100%
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 $0
Assets/Debt
Total Assets $5,335,831
Total Liabilities $0
Net Assets $5,335,831
Compensation
Key Employees and Officers Compensation Related Other
Dr Brian Meeker Do (Director) $0 $634,262 $30,034
Dr Michelle Elgin Do (Director) $0 $213,278 $27,341
John Ketchen (Chair) $0 $0 $0
David Vermedahl (Vice Chair) $0 $0 $0
Sara Stuefan (Secretary) $0 $0 $0
John Yundt (Treasurer) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
Bud Maynard (Director) $0 $0 $0
John Mossman (Director) $0 $0 $0
Michele Schoonover (Ceo) $0 $159,777 $26,665
Barry Dietsch (Cfo) $0 $159,029 $3,904
+ View more people

Document Links

990
Filed on March 7, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$170,211
Expenses
$1,400
Net Income
$168,811
Net Assets
$4,445,605
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $171,891
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,680
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,445,605
Total Liabilities $0
Net Assets $4,445,605
Compensation
Key Employees and Officers Compensation Related Other
Dr Brian Meeker Do (Director) $0 $630,259 $27,534
Dr Michelle Elgin Do (Director) $0 $228,174 $24,887
Michele Schoonover (Ceo) $0 $149,074 $24,055
Barry Dietsch (Cfo) $0 $150,745 $3,888
Mark Mossman (Chair (Jul Dec)) $0 $0 $0
John Ketchen (Vice Chair (Jul Dec)/Chair (Jan Jun)) $0 $0 $0
David Vermedahl (Secr (Jul Dec)/Vice Chair (Jan Jun)) $0 $0 $0
Sara Stuefan (Dir (Jul Dec)/Secr (Jan Jun)) $0 $0 $0
John Yundt (Treasurer) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
Bud Maynard (Director) $0 $0 $0
John Mossman (Director Starting January) $0 $0 $0
+ View more people

Document Links

990
Filed on April 20, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$178,899
Expenses
$1,395
Net Income
$177,504
Net Assets
$4,441,502
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $191,002
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$12,103
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,441,502
Total Liabilities $0
Net Assets $4,441,502
Compensation
Key Employees and Officers Compensation Related Other
Mark Mossman (Chair) $0 $0 $0
John Ketchen (Vice Chair) $0 $0 $0
David Vermedahl (Secretary) $0 $0 $0
John Yundt (Treasurer) $0 $0 $0
James Hodgson (Director Until 12/31/18) $0 $0 $0
Dr Brian Meeker Do (Director) $0 $618,201 $25,753
Marie Therese Foth (Director) $0 $0 $0
Sara Stuefan (Director Starting 1/1/19) $0 $0 $0
Dr Michelle Elgin (Director) $0 $236,316 $23,152
Bud Maynard (Director) $0 $0 $0
Michael Riege (Ceo Retired 1/18/19) $0 $196,091 $20,692
Michele Schoonover (Ceo Starting 1/18/19) $0 $101,253 $21,508
Barry Dietsch (Cfo) $0 $137,995 $3,883
+ View more people

Document Links

990
Filed on April 3, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$195,769
Expenses
$1,355
Net Income
$194,414
Net Assets
$4,290,388
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $195,766
100.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,290,388
Total Liabilities $0
Net Assets $4,290,388
Compensation
Key Employees and Officers Compensation Related Other
Mark Mossman (Chair) $0 $0 $0
John Ketchen (Treasurer) $0 $0 $0
David Vermedahl (Secretary) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
James Hodgson (Director) $0 $0 $0
John Watson (Director Until 12/31/17) $0 $0 $0
Bud Maynard (Director Began 1/1/18) $0 $0 $0
Dr Michelle Elgin (Director) $0 $233,403 $22,155
Michael Riege (Ceo) $0 $186,704 $20,240
Barry Dietsch (Cfo) $0 $126,573 $3,756
+ View more people

Document Links

990
Filed on March 21, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6
Expenses
$1,884
Net Income
-$1,878
Net Assets
$4,095,974
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $6
100%
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 $0
Assets/Debt
Total Assets $4,095,974
Total Liabilities $0
Net Assets $4,095,974
Compensation
Key Employees and Officers Compensation Related Other
Mark Mossman (Chair) $0 $0 $0
John Ketchen (Treasurer) $0 $0 $0
David Vermedahl (Secretary) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
James Hodgson (Director) $0 $0 $0
John Watson (Director) $0 $0 $0
Dr Michelle Elgin (Director) $0 $214,737 $21,904
Michael Riege (Ceo) $0 $177,710 $19,930
Barry Dietsch (Cfo) $0 $120,634 $2,917
+ View more people

Document Links

990
Filed on April 9, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$2,504
Net Income
-$2,504
Net Assets
$3,659,623
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
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 $0
Assets/Debt
Total Assets $3,659,623
Total Liabilities $0
Net Assets $3,659,623
Compensation
Key Employees and Officers Compensation Related Other
Mark Mossman (Chair) $0 $0 $0
John Ketchen (Treasurer) $0 $0 $0
David Vermedahl (Secretary) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
James Hodgson (Director) $0 $0 $0
John Watson (Director) $0 $0 $0
Dr Michelle Elgin (Director) $0 $220,498 $21,415
Michael Riege (Ceo) $0 $175,665 $19,276
Barry Dietsch (Cfo) $0 $118,037 $1,580
+ View more people

Document Links

990
Filed on Jan. 24, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$0
Expenses
$9,375
Net Income
-$9,375
Net Assets
$3,659,969
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
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 $0
Assets/Debt
Total Assets $3,659,969
Total Liabilities $0
Net Assets $3,659,969
Compensation
Key Employees and Officers Compensation Related Other
Mark Mossman (Chair) $0 $0 $0
John Ketchen (Treasurer) $0 $0 $0
David Vermedahl (Secretary) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
James Hodgson (Director) $0 $0 $0
John Watson (Director) $0 $0 $0
Dr Michelle Elgin (Director) $0 $189,593 $17,136
Michael Riege (Ceo) $0 $160,813 $19,048
Julia Meadows (Cfo Until August 2014) $0 $89,162 $460
Barry Dietsch (Cfo) $0 $45,904 $600
+ View more people

Document Links

990
Filed on Jan. 26, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$100
Expenses
$9,770
Net Income
-$9,670
Net Assets
$3,744,541
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $100
100%
Investment Income $0
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 $0
Assets/Debt
Total Assets $3,744,541
Total Liabilities $0
Net Assets $3,744,541
Compensation
Key Employees and Officers Compensation Related Other
Mark Mossman (Chair) $0 $0 $0
John Ketchen (Treasurer) $0 $0 $0
David Vermedahl (Secretary) $0 $0 $0
Marie Therese Foth (Director) $0 $0 $0
James Hodgson (Director) $0 $0 $0
John Watson (Director) $0 $0 $0
Dr Michelle Elgin (Director) $0 $197,891 $15,448
Michael Riege (Ceo) $0 $152,258 $18,484
Julia Meadows (Cfo) $0 $108,439 $12,237
+ View more people

Document Links

990
Filed on Feb. 12, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$264
Expenses
$9,739
Net Income
-$9,475
Net Assets
$3,297,819
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $10
3.8%
Investment Income $254
96.2%
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 $0
Assets/Debt
Total Assets $3,297,819
Total Liabilities $0
Net Assets $3,297,819

Document Links

990
Filed on April 9, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$292,852
Expenses
$8,191
Net Income
$284,661
Net Assets
$3,129,118
Notable Sources of Revenue Percent of Total Revenue
Contributions $115,000
39.3%
Program Services $0
Investment Income $89,482
30.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $88,370
30.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,129,118
Total Liabilities $0
Net Assets $3,129,118

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$315,989
Expenses
$12,081
Net Income
$303,908
Net Assets
$2,974,287
Notable Sources of Revenue Percent of Total Revenue
Contributions $235,000
74.4%
Program Services $0
Investment Income $80,989
25.6%
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 $0
Assets/Debt
Total Assets $2,974,287
Total Liabilities $0
Net Assets $2,974,287

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
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

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

Which Organizations Are Here?

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 »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated