Albia Community Betterment Corporation
Public records raise at least one point you should look into before giving.
What it says it does
Our purpose is to promote residential home development in the City of Albia. We have purchased land and subdivided it into residential lots for sale. Occasionally, we have promoted spec home construction by offering a buyback program for contractors. This provides a safety net to the contractor that allows them to recoup their costs in a project after a one year time frame. Over the years, we have donated limited funds to community projects. 100% of our time and funds are spent on these types of activities.
- Income
- $4,921
- Spending
- $2,685
- Employees
- 0
- Volunteers
- 6
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $100 spent. Our purpose is to promote residential home development in the City of Albia. We have purchased land and subdivided it into residential lots for sale. Currently, we have a tract of ground identified as Country View Subdivision. This has two phases completed with room to develop two more phases. We currently have 10 lots to sell in Country View between Plat I and II. Additionally, we have a contractor buy back program. If a contractor is unable to sell a spec home within 12 months it is purchased from them. The price that is paid for the home is negotiated before the contractor buys the lot. The price is based on the contractor's costs with no profit being paid.
- Occasionally other community projects are supported by providing loans. No loans were made during 2025.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.