Form 990-ez, Part I, Line 8
“Miscellaneous revenue 1,705 total 1,705”
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Down$151,672
Down $2,516 (-1.6%) from 2020
Net Assets
Down$137,826
Down $3,162 (-2.2%) from 2020
Liabilities
Up$13,846
Up $646 (+4.9%) from 2020
Revenue And Expenses
Revenue
Down$21,887
Down $12,454 (-36%) from 2020
Expenses
Down$25,049
Down $6,648 (-21%) from 2020
Net Income
Down-$3,162
Down $5,806 (-220%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2020 to Jun 30, 2021
- Signed
- Nov 29, 2021
- Return Version
- 2020v4.0
- Gross Receipts
- $25,543
Mission and Program Overview
Mission
Promotion of the downtown expo grounds, economic development through recruitment of events to be held at that space, and guidance of the development and use of the expo property.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROMOTION OF THE DOWNTOWN RIVERLOOP AMPHITHEATER AND EXPO GROUNDS, ECONOMIC DEVELOPMENT THROUGH RECRUITMENT OF EVENTS TO BE HELD AT EACH SPACE, AND GUIDANCE OF THE DEVELOPMENT AND USE OF THE AMPHITHEATER AND EXPO PROPERTY. | - | $25,049 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KENT SHANKLE | President | - | $0 | - | - |
| JIM WALSH | Secretary | - | $0 | - | - |
| PAUL HUTING | Director | - | $0 | - | - |
| TAVIS HALL | Treasurer | - | $0 | - | - |
| JESSICA RUCKER | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Riverloop Association Inc
- EIN
- 26-4618040
- Phone
- 3192914490
- Address
- 225 COMMERCIAL STREET, WATERLOO, IA 50701
Signing Officer
- Name
- Kent Shankle
- Title
- President
- Phone
- 3192321156
- Signed
- 2021-11-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Hogan - Hansen Pc
- Address
- 3128 BROCKWAY ROAD, WATERLOO, IA 50701-5103
- Preparer
- Steven K Duggan CPA
- Phone
- 3192335225
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses office supples/small equip. 1,423 travel 461 insurance expense 3,106 telephone expense 672 pass-through expenses 1,850 bartender 82 small equipment 1,392 refunds 350 miscellaneous 520 band fee 4,425 meals & entertainment 1,017 non-investment depreciation 7,762 total 23,060”
Form 990-ez, Part II, Line 24
“Accounts receivable 9,269 11,893 inventories for sale or use 6,278 5,259 prepaid expenses and deferred charges 0 6,728 equipment 34,930 68,214 less accumulated depreciation 1,597 9,358 total 48,880 82,736”
Form 990-ez, Part II, Line 26
“Sales tax payable 0 344 ria staff reimb 13,200 13,502”
Form 990-ez, Part III
“Promotion of the downtown expo grounds, economic development through recruitment of events to be held at that space, and guidance of the development and use of the expo property.”
Raw XML Appendix177 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | JIM WALSH |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | PAUL HUTING |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | TAVIS HALL |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | JESSICA RUCKER |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROMOTION OF THE DOWNTOWN RIVERLOOP AMPHITHEATER AND EXPO GROUNDS, ECONOMIC DEVELOPMENT THROUGH RECRUITMENT OF EVENTS TO BE HELD AT EACH SPACE, AND GUIDANCE OF THE DEVELOPMENT AND USE OF THE AMPHITHEATER AND EXPO PROPERTY. |
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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
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| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
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| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 13846 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 25049 |
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| IRS990EZ/TotalRevenueAmt | 0 | 21887 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 223 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 3455 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 37273 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt | 0 | 22078 |
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| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 223 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.99940 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99950 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 373327 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 25533 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 373550 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | MISCELLANEOUS REVENUE 1,705 TOTAL 1,705 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES OFFICE SUPPLES/SMALL EQUIP. 1,423 TRAVEL 461 INSURANCE EXPENSE 3,106 TELEPHONE EXPENSE 672 PASS-THROUGH EXPENSES 1,850 BARTENDER 82 SMALL EQUIPMENT 1,392 REFUNDS 350 MISCELLANEOUS 520 BAND FEE 4,425 MEALS & ENTERTAINMENT 1,017 NON-INVESTMENT DEPRECIATION 7,762 TOTAL 23,060 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 9,269 11,893 INVENTORIES FOR SALE OR USE 6,278 5,259 PREPAID EXPENSES AND DEFERRED CHARGES 0 6,728 EQUIPMENT 34,930 68,214 LESS ACCUMULATED DEPRECIATION 1,597 9,358 TOTAL 48,880 82,736 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SALES TAX PAYABLE 0 344 RIA STAFF REIMB 13,200 13,502 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PROMOTION OF THE DOWNTOWN EXPO GROUNDS, ECONOMIC DEVELOPMENT THROUGH RECRUITMENT OF EVENTS TO BE HELD AT THAT SPACE, AND GUIDANCE OF THE DEVELOPMENT AND USE OF THE EXPO PROPERTY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KENT SHANKLE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3192321156 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RIVERLOOP ASSOCIATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RIVE |
| ReturnHeader/Filer/EIN | 0 | 264618040 |
| ReturnHeader/Filer/PhoneNum | 0 | 3192914490 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 225 COMMERCIAL STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WATERLOO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 50701 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 420991212 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | HOGAN - HANSEN PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3128 BROCKWAY ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WATERLOO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 507015103 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3192335225 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2021-11-24 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVEN K DUGGAN CPA |
| ReturnHeader/ReturnTs | 0 | 2021-12-15T14:37:57-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | KENT |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | SHANKLE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-06-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $151,672
- Liabilities
- $13,846
- Net assets
- $137,826
- Revenue
- $21,887
- Expenses
- $25,049
- Net income
- -$3,162