Civic Intelligence

Wilton Industrial Development

EIN 23-7128889 • 501(c)6 • Wilton, IA

Profile

The corporation's mission is to promote the general welfare of the business, professional and community interests of the residents of wilton and the surrounding area, to promote existing and new industries, and make available suitable residential, commercial & industrial sites.

PO Box 443Wilton, IA 52778

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Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

57th percentile

0.01x

Higher debt load relative to assets than 57% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.08x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

15th percentile

-35%

Higher net margin than 15% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

24th percentile

-21%

Faster asset growth than 24% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

493%

Faster revenue growth than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$618,952

Up $50,315 (+8.8%) from 2023

Liabilities

Up

$13,687

Up $4,493 (+49%) from 2023

Net Assets

Up

$605,265

Up $45,822 (+8.2%) from 2023

Revenue

Down

$155,924

Down $25,618 (-14%) from 2023

Expenses

Up

$110,102

Up $10,563 (+11%) from 2023

Net Income

Down

$45,822

Down $36,181 (-44%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2014: $940,224Liabilities 2014: $731,465Net Assets 2014: $208,7592014Assets 2015: $647,557Liabilities 2015: $358,835Net Assets 2015: $288,7222015Assets 2016: $392,485Liabilities 2016: $45,920Net Assets 2016: $346,5652016Assets 2017: $385,979Liabilities 2017: $45,978Net Assets 2017: $340,0012017Assets 2018: $386,679Liabilities 2018: $34,776Net Assets 2018: $351,9032018Assets 2019: $383,015Liabilities 2019: $23,695Net Assets 2019: $359,3202019Assets 2020: $478,444Liabilities 2020: $18,578Net Assets 2020: $459,8662020Assets 2021: $608,381Liabilities 2021: $192,831Net Assets 2021: $415,5502021Assets 2022: $482,165Liabilities 2022: $4,725Net Assets 2022: $477,4402022Assets 2023: $568,637Liabilities 2023: $9,194Net Assets 2023: $559,4432023Assets 2024: $618,952Liabilities 2024: $13,687Net Assets 2024: $605,2652024

Highlighted filing

2024

Assets$618,952
Liabilities$13,687
Net Assets$605,265

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2014: $80,699Expenses 2014: $59,477Net Income 2014: $21,2222014Revenue 2015: $152,233Expenses 2015: $72,270Net Income 2015: $79,9632015Revenue 2016: $119,317Expenses 2016: $61,474Net Income 2016: $57,8432016Revenue 2017: $61,606Expenses 2017: $68,170Net Income 2017: -$6,5642017Revenue 2018: $78,906Expenses 2018: $67,004Net Income 2018: $11,9022018Revenue 2019: $77,248Expenses 2019: $69,831Net Income 2019: $7,4172019Revenue 2020: $201,441Expenses 2020: $100,895Net Income 2020: $100,5462020Revenue 2021: $10,318Expenses 2021: $54,634Net Income 2021: -$44,3162021Revenue 2022: $61,168Expenses 2022: $82,296Net Income 2022: -$21,1282022Revenue 2023: $181,542Expenses 2023: $99,539Net Income 2023: $82,0032023Revenue 2024: $155,924Expenses 2024: $110,102Net Income 2024: $45,8222024

Highlighted filing

2024

Revenue$155,924
Expenses$110,102
Net Income$45,822

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.0
Gross Receipts
$226,237
Mission and Program Overview

Mission

The corporation's mission is to promote the general welfare of the business, professional and community interests of the residents of wilton and the surrounding area, to promote existing and new industries, and make available suitable commercial & industrial sites.

The corporation's mission is to promote the general welfare of the business, professional and community interests of the residents of wilton and the surrounding area, to promote existing and new industries, and make available suitable residential, commercial & industrial sites.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$302,738$317,218▲ $14,480
Cash and Non-Interest-Bearing Accounts$222,666$278,053▲ $55,387
Land, Buildings, and Equipment, Net$43,233$23,681▼ $19,552
Total Assets$568,637$618,952▲ $50,315
Liabilities
Accounts Payable and Accrued Expenses$9,194$13,687▲ $4,493
Total Liabilities$9,194$13,687▲ $4,493
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$559,443$605,265▲ $45,822
Total Net Assets Fund Balance$559,443$605,265▲ $45,822
Total Liabilities and Net Assets / Fund Balance$568,637$618,952▲ $50,315

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,846$88,691$101,537
Land$10,835-$10,835
Equipment-$3,332$3,332
Compensation and Service Providers

Board Members and Trustees

NameTitle
Scott VietenPresident
Becky BriskerDirector
Catherine BrownDirector
Dennis HanserDirector
Derek SawvellDirector
Don RothDirector
Jason CalvertDirector
Jennifer DuffeDirector
Joe BurnettDirector
Julie SpragueDirector
Keith StanleyDirector
Lily GeigerDirector
Lynn OchiltreeDirector
Mark KnouseDirector
Mark PetersonDirector
Nathan MatherDirector
Jeff HornePast Pres/ci
Monika VerdinezVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$135,695
Program Service Revenue
$0
Investment Income
$13,883
Other Revenue
$6,346
Change in Net Assets
$45,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$83,625
Other Expenses$26,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,591$18,531-$74,122
Advertising$7,451--$7,451
Payroll Taxes$4,347$1,449-$5,796
Occupancy$4,905--$4,905
Insurance$3,286$1,096-$4,382
Other Employee Benefits$2,780$927-$3,707
Fees for Services Accounting-$2,990-$2,990
Office Expenses$1,901--$1,901
Other Expenses$187--$187
Conferences and Meetings$161--$161
Total Functional Expenses$85,109$24,993$0$110,102
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$47,203
Fundraising Gross Income$47,194
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
FOUNDER'S DAY$37,524$33,724$33,434$290
Misc Events$24,620$10,720$13,659$-2,939
Total Events$62,144$44,444$47,093$-2,649
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Keith stanley po box 3003 wilton, ia 52778 mark peterson 101 w 4th street wilton, ia 52778 mark knouse wilton, ia 52778 joe burnett wilton, ia 52778 julie sprague wilton, ia 52778 dennis hanser wilton, ia 52778 lynn ochiltree wilton, ia 52778 monika verdinez wilton, ia 52778 scott vieten don roth nathan mather becky brisker lily geiger derek sawvell jennifer duffe jason calvert catherine brown

Form 990, Page 6, Part VI, Line 11B

Executive director will conduct a review of form 990 before signing the return.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Wilton Industrial Development
EIN
23-7128889
Phone
5637325002
Address
PO BOX 443, WILTON, IA 52778

Signing Officer

Name
Rebeckah Allgood
Title
Executive Director
Phone
5637325002
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Horne
Formed
1965
Legal Domicile
Ia
Voting Board Members
17
Independent Board Members
17
Employees
3

Preparer

Firm
Ds Webb & Company Pc
Address
504 MAURER ST / BOX 967, WILTON, IA 52778
Preparer
Duane S Webb CPA
Phone
5637323890
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation's mission is to promote the general welfare of the business, professional and community interests of the residents of wilton and the surrounding area, to promote existing and new industries, and make available suitable residential, commercial & industrial sites.

Form 990, Page 2, Part III, Line 4D

To promote the general welfare of the business, professional and community interests of the residents of wilton and the surrounding area, to promote existing and new industries, and make available suitable commerical & industrial sites.

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IRS990/OtherExpensesGrp/Desc0BUSINESS GRANT EXPENSE
IRS990/OtherExpensesGrp/Desc1PROCESS FEES
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IRS990/OtherExpensesGrp/ProgramServicesAmt1187
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IRS990/PrincipalOfficerNm0JEFF HORNE
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROMOTE THE GENERAL WELFARE OF THE BUSINESS, PROFESSIONAL AND COMMUNITY INTERESTS OF THE RESIDENTS OF WILTON AND THE SURROUNDING AREA, TO PROMOTE EXISTING AND NEW INDUSTRIES, AND MAKE AVAILABLE SUITABLE COMMERICAL & INDUSTRIAL SITES.
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IRS990/PYInvestmentIncomeAmt071864
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IRS990/PYOtherRevenueAmt017050
IRS990/PYRevenuesLessExpensesAmt082003
IRS990/PYSalariesCompEmpBnftPaidAmt063840
IRS990/PYTotalExpensesAmt099539
IRS990/PYTotalRevenueAmt0181542
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03332
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0101537
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FOUNDER'S DAY
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MISC EVENTS
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010720
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-2649
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt047093
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013659
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION'S MISSION IS TO PROMOTE THE GENERAL WELFARE OF THE BUSINESS, PROFESSIONAL AND COMMUNITY INTERESTS OF THE RESIDENTS OF WILTON AND THE SURROUNDING AREA, TO PROMOTE EXISTING AND NEW INDUSTRIES, AND MAKE AVAILABLE SUITABLE RESIDENTIAL, COMMERCIAL & INDUSTRIAL SITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO PROMOTE THE GENERAL WELFARE OF THE BUSINESS, PROFESSIONAL AND COMMUNITY INTERESTS OF THE RESIDENTS OF WILTON AND THE SURROUNDING AREA, TO PROMOTE EXISTING AND NEW INDUSTRIES, AND MAKE AVAILABLE SUITABLE COMMERICAL & INDUSTRIAL SITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KEITH STANLEY PO BOX 3003 WILTON, IA 52778 MARK PETERSON 101 W 4TH STREET WILTON, IA 52778 MARK KNOUSE WILTON, IA 52778 JOE BURNETT WILTON, IA 52778 JULIE SPRAGUE WILTON, IA 52778 DENNIS HANSER WILTON, IA 52778 LYNN OCHILTREE WILTON, IA 52778 MONIKA VERDINEZ WILTON, IA 52778 SCOTT VIETEN DON ROTH NATHAN MATHER BECKY BRISKER LILY GEIGER DEREK SAWVELL JENNIFER DUFFE JASON CALVERT CATHERINE BROWN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR WILL CONDUCT A REVIEW OF FORM 990 BEFORE SIGNING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0104 E 4TH STREET
IRS990/USAddress/CityNm0WILTON
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052778
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REBECKAH ALLGOOD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05637325002
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILTON INDUSTRIAL DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0WILT
ReturnHeader/Filer/EIN0237128889
ReturnHeader/Filer/PhoneNum05637325002
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ReturnHeader/Filer/USAddress/CityNm0WILTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
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