Civic Intelligence

Waverly Area Development Group

990 • Fiscal year 2024 • EIN 42-0588697

Jan 01, 2024 to Dec 31, 2024 • Filed on Jun 19, 2025

Organization ProfileWWW.WAVERLYIA.COM/CHAMBER-OF-COMMERCE
118 E Bremer AvenueWaverly, IA 50677

(319) 352-4526

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.24x

Higher debt load relative to assets than 83% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.21x

Higher debt load relative to revenue than 83% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

48th percentile

1.4%

Higher net margin than 48% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$41,619

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 17.7% of source-year revenue.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

33rd percentile

-7.0%

Faster asset growth than 33% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

53rd percentile

4.7%

Faster revenue growth than 53% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$200,435

Down $15,020 (-7.0%) from 2023

Net Assets

Up

$151,855

Up $3,317 (+2.2%) from 2023

Liabilities

Down

$48,580

Down $18,337 (-27%) from 2023

Revenue And Expenses
Liabilities / Revenue83rd percentileNet Margin48th percentile

Revenue

Up

$235,306

Up $10,621 (+4.7%) from 2023

Expenses

Down

$231,989

Down $4,614 (-2.0%) from 2023

Net Income

Up

$3,317

Up $15,235 (+128%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $121,109Liabilities 2011: $0Net Assets 2011: $121,1092011Assets 2012: $121,109Liabilities 2012: $0Net Assets 2012: $121,1092012Assets 2013: $151,636Liabilities 2013: $0Net Assets 2013: $151,6362013Assets 2014: $177,623Liabilities 2014: $0Net Assets 2014: $177,6232014Assets 2015: $197,753Liabilities 2015: $0Net Assets 2015: $197,7532015Assets 2016: $209,628Liabilities 2016: $0Net Assets 2016: $209,6282016Assets 2017: $225,066Liabilities 2017: $0Net Assets 2017: $225,0662017Assets 2018: $222,132Liabilities 2018: $0Net Assets 2018: $222,1322018Assets 2019: $218,108Liabilities 2019: $13,736Net Assets 2019: $204,3272019Assets 2020: $189,759Liabilities 2020: $11,376Net Assets 2020: $178,3832020Assets 2021: $234,955Liabilities 2021: $45,362Net Assets 2021: $189,5932021Assets 2022: $211,267Liabilities 2022: $50,811Net Assets 2022: $160,4562022Assets 2023: $215,455Liabilities 2023: $66,917Net Assets 2023: $148,5382023Assets 2024: $200,435Liabilities 2024: $48,580Net Assets 2024: $151,8552024

Highlighted filing

2024

Assets$200,435
Liabilities$48,580
Net Assets$151,855
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $210,061Expenses 2011: $165,169Net Income 2011: $44,8922011Revenue 2012: $210,061Expenses 2012: $165,169Net Income 2012: $44,8922012Revenue 2013: $188,074Expenses 2013: $187,145Net Income 2013: $9292013Revenue 2014: $207,000Expenses 2014: $181,013Net Income 2014: $25,9872014Revenue 2015: $222,051Expenses 2015: $201,921Net Income 2015: $20,1302015Revenue 2016: $220,873Expenses 2016: $208,998Net Income 2016: $11,8752016Revenue 2017: $213,378Expenses 2017: $197,940Net Income 2017: $15,4382017Revenue 2018: $215,743Expenses 2018: $218,677Net Income 2018: -$2,9342018Revenue 2019: $209,627Expenses 2019: $227,387Net Income 2019: -$17,7602019Revenue 2020: $196,670Expenses 2020: $222,659Net Income 2020: -$25,9892020Revenue 2021: $264,638Expenses 2021: $224,725Net Income 2021: $39,9132021Revenue 2022: $210,918Expenses 2022: $240,055Net Income 2022: -$29,1372022Revenue 2023: $224,685Expenses 2023: $236,603Net Income 2023: -$11,9182023Revenue 2024: $235,306Expenses 2024: $231,989Net Income 2024: $3,3172024

Highlighted filing

2024

Revenue$235,306
Expenses$231,989
Net Income$3,317
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 19, 2025
Return Version
2024v5.1
Gross Receipts
$241,744
Mission and Program Overview

Mission

Public relations, tourism and economic development in the city of waverly, iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$141,005$136,018▼ $4,987
Cash and Non-Interest-Bearing Accounts$43,733$41,340▼ $2,393
Land, Buildings, and Equipment, Net$30,717$23,077▼ $7,640
Total Assets$215,455$200,435▼ $15,020
Liabilities
Accounts Payable and Accrued Expenses$66,917$48,580▼ $18,337
Total Liabilities$66,917$48,580▼ $18,337
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$148,538$151,855▲ $3,317
Total Net Assets Fund Balance$148,538$151,855▲ $3,317
Total Liabilities and Net Assets / Fund Balance$215,455$200,435▼ $15,020

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$23,077$40,898$63,975
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Travis ToliverExecutive DirectorFT$41,619$41,619
Chelsea PetersenExecutive Director-$15,523$15,523

Board Members and Trustees

NameTitle
Bob BuckinghamChair Person
Andrew BellDirector
Cyndi CanneyDirector
Dwane WaterburyDirector
Jodi GeertsDirector
Kristin VowellDirector
Mark HanawaltDirector
Tonya DernerDirector
Chris MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$191,804
Program Service Revenue
$0
Investment Income
$5,573
Other Revenue
$37,929
All Other Contributions
$34,150
Change in Net Assets
$3,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$152,563
Other Expenses$75,326
Grants and Similar Amounts Paid$4,100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$54,671$26,928-$81,599
Current Officers, Directors, Trustees, and Key Employees$38,285$18,857-$57,142
Advertising$14,154$6,971-$21,125
Occupancy$11,466$5,647-$17,113
Office Expenses$8,739$4,304-$13,043
Payroll Taxes$7,339$3,614-$10,953
Depreciation Depletion-$7,640-$7,640
Insurance$3,070$1,512-$4,582
Grants to Domestic Orgs$4,100--$4,100
Conferences and Meetings$2,387$1,175-$3,562
Travel$2,200$1,083-$3,283
Pension Plan Contributions$1,878$925-$2,803
Other Expenses$1,893$2,435-$1,893
Fees for Services Accounting-$650-$650
Other Employee Benefits$44$22-$66
Total Functional Expenses$150,226$81,763$0$231,989
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,153
Fundraising Direct Expenses$6,438
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golfing$19,878$19,878$916$18,962
Wine Tasting$12,995$12,995$330$12,665
Total Events$44,153$44,153$6,439$37,714
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Yes
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, Part VI, Section B, line 11B

“The form 990 is reviewed by the executive director.”

Form 990, Part VI, Section B, line 15B

“Staff are reviewed by the executive committee with the full board approving salary amounts.”

Form 990, Part VI, Section C, line 18

“The documents are available upon request at the organization's office.”

Form 990, Part VI, Section C, line 19

“The documents are available upon request at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Waverly Area Development Group
EIN
42-0588697
Phone
3193524526
Address
118 E BREMER AVENUE, WAVERLY, IA 50677
Doing Business As
Waverly Chamber of Commerce

Signing Officer

Name
Chelsea Petersen
Title
Executive Director
Phone
3193524526
Signed
2025-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chelsea Petersen
Formed
1985
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
5
Volunteers
0

Preparer

Firm
Keith Oltrogge CPA PC
Address
201 E Main St, Denver, IA 50622-0310
Preparer
Keith Oltrogge CPA PC
Phone
3199845292
Raw XML Appendix393 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt066917
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt048580
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PUBLIC RELATIONS, TOURISM AND ECONOMIC DEVELOPMENT IN THE CITY OF WAVERLY, IOWA.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt06971
IRS990/AdvertisingGrp/ProgramServicesAmt014154
IRS990/AdvertisingGrp/TotalAmt021125
IRS990/AllOtherContributionsAmt034150
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0CHELSEA PETERSEN
IRS990/BooksInCareOfDetail/PhoneNum03193524526
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0118 E BREMER AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WAVERLY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050677
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt043733
IRS990/CashNonInterestBearingGrp/EOYAmt041340
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt018857
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt038285
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt057142
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01175
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02387
IRS990/ConferencesMeetingsGrp/TotalAmt03562
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0191804
IRS990/CYGrantsAndSimilarPaidAmt04100
IRS990/CYInvestmentIncomeAmt05573
IRS990/CYOtherExpensesAmt075326
IRS990/CYOtherRevenueAmt037929
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt03317
IRS990/CYSalariesCompEmpBnftPaidAmt0152563
IRS990/CYTotalExpensesAmt0231989
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0235306
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt07640
IRS990/DepreciationDepletionGrp/TotalAmt07640
IRS990/Desc0PUBLIC RELATIONS, TOURISM AND ECONOMIC DEVELOPMENT IN THE CITY OF WAVERLY, IOWA.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0WAVERLY CHAMBER OF COMMERCE
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0150226
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0650
IRS990/FeesForServicesAccountingGrp/TotalAmt0650
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0TRAVIS TOLIVER
IRS990/Form990PartVIISectionAGrp/PersonNm1BOB BUCKINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm2CHRIS MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm3JODI GEERTS
IRS990/Form990PartVIISectionAGrp/PersonNm4CYNDI CANNEY
IRS990/Form990PartVIISectionAGrp/PersonNm5MARK HANAWALT
IRS990/Form990PartVIISectionAGrp/PersonNm6TONYA DERNER
IRS990/Form990PartVIISectionAGrp/PersonNm7DWANE WATERBURY
IRS990/Form990PartVIISectionAGrp/PersonNm8ANDREW BELL
IRS990/Form990PartVIISectionAGrp/PersonNm9CHELSEA PETERSEN
IRS990/Form990PartVIISectionAGrp/PersonNm10KRISTIN VOWELL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt041619
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt915523
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR PERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt06438
IRS990/FundraisingGrossIncomeAmt044153
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt021000
IRS990/GrantAmt04100
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt04100
IRS990/GrantsToDomesticOrgsGrp/TotalAmt04100
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0241744
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01512
IRS990/InsuranceGrp/ProgramServicesAmt03070
IRS990/InsuranceGrp/TotalAmt04582
IRS990/InvestmentIncomeGrp/ExclusionAmt05573
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05573
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt040898
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030717
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023077
IRS990/LandBldgEquipCostOrOtherBssAmt063975
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0136654
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PUBLIC RELATIONS, TOURISM AND ECONOMIC DEVELOPMENT IN THE CITY OF WAVERLY, IOWA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0148538
IRS990/NetAssetsOrFundBalancesEOYAmt0151855
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt037715
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt037715
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0148538
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0151855
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05647
IRS990/OccupancyGrp/ProgramServicesAmt011466
IRS990/OccupancyGrp/TotalAmt017113
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04304
IRS990/OfficeExpensesGrp/ProgramServicesAmt08739
IRS990/OfficeExpensesGrp/TotalAmt013043
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt022
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt044
IRS990/OtherEmployeeBenefitsGrp/TotalAmt066
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02435
IRS990/OtherExpensesGrp/ProgramServicesAmt01893
IRS990/OtherExpensesGrp/TotalAmt02435
IRS990/OtherExpensesGrp/TotalAmt11893
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0214
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0214
IRS990/OtherRevenueTotalAmt0214
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026928
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt054671
IRS990/OtherSalariesAndWagesGrp/TotalAmt081599
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03614
IRS990/PayrollTaxesGrp/ProgramServicesAmt07339
IRS990/PayrollTaxesGrp/TotalAmt010953
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0925
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01878
IRS990/PensionPlanContributionsGrp/TotalAmt02803
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHELSEA PETERSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0186749
IRS990/PYGrantsAndSimilarPaidAmt04000
IRS990/PYInvestmentIncomeAmt03583
IRS990/PYOtherExpensesAmt072419
IRS990/PYOtherRevenueAmt034353
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-11918
IRS990/PYSalariesCompEmpBnftPaidAmt0160184
IRS990/PYTotalExpensesAmt0236603
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0224685
IRS990/ReconcilationRevenueExpnssAmt03317
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0214
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0141005
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0136018
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0136653
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt023077
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040898
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063975
IRS990ScheduleD/TotalBookValueLandBuildingsAmt023077
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06439
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLFING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WINE TASTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019878
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012995
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt011280
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt044153
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019878
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012995
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt011280
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044153
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt037714
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0841
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02087
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0916
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0330
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt04352
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt04352
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STAFF ARE REVIEWED BY THE EXECUTIVE COMMITTEE WITH THE FULL BOARD APPROVING SALARY AMOUNTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0215455
IRS990/TotalAssetsEOYAmt0200435
IRS990/TotalAssetsGrp/BOYAmt0215455
IRS990/TotalAssetsGrp/EOYAmt0200435
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0191804
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081763
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0150226
IRS990/TotalFunctionalExpensesGrp/TotalAmt0231989
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt066917
IRS990/TotalLiabilitiesEOYAmt048580
IRS990/TotalLiabilitiesGrp/BOYAmt066917
IRS990/TotalLiabilitiesGrp/EOYAmt048580
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0148538
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0151855
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0150226
IRS990/TotalReportableCompFromOrgAmt057142
IRS990/TotalRevenueGrp/ExclusionAmt043288
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0214
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0235306
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0215455
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0200435
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01083
IRS990/TravelGrp/ProgramServicesAmt02200
IRS990/TravelGrp/TotalAmt03283
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0118 E BREMER AVE
IRS990/USAddress/CityNm0WAVERLY
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050677
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0WWW.WAVERLYIA.COM/CHAMBER-OF-COMMERCE
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHELSEA PETERSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03193524526
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAVERLY AREA DEVELOPMENT GROUP
ReturnHeader/Filer/BusinessNameControlTxt0WAVE
ReturnHeader/Filer/EIN0420588697
ReturnHeader/Filer/PhoneNum03193524526
ReturnHeader/Filer/USAddress/AddressLine1Txt0118 E BREMER AVENUE
ReturnHeader/Filer/USAddress/CityNm0WAVERLY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050677
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010852927
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Keith Oltrogge CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0201 E Main St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Denver
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0506220310
ReturnHeader/PreparerPersonGrp/PhoneNum03199845292
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Keith Oltrogge CPA PC
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-07-25T14:26:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$200,435
Liabilities
$48,580
Net assets
$151,855
Revenue
$235,306
Expenses
$231,989
Net income
$3,317
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.00$0.49$1.52$2.35$2.32$0.03
2023Detailed filing. Detailed filing data is available for this year.$2.15$0.67$1.49$2.25$2.37$0.12
2022Detailed filing. Detailed filing data is available for this year.$2.11$0.51$1.60$2.11$2.40$0.29
2021Detailed filing. Detailed filing data is available for this year.$2.35$0.45$1.90$2.65$2.25$0.40
2020Detailed filing. Detailed filing data is available for this year.$1.90$0.11$1.78$1.97$2.23$0.26
2019Summary only. Only limited summary data is available for this year.$2.18$0.14$2.04$2.10$2.27$0.18
2018Summary only. Only limited summary data is available for this year.$2.22$0.00$2.22$2.16$2.19$0.03
2017Summary only. Only limited summary data is available for this year.$2.25$0.00$2.25$2.13$1.98$0.15
2016Summary only. Only limited summary data is available for this year.$2.10$0.00$2.10$2.21$2.09$0.12
2015Summary only. Only limited summary data is available for this year.$1.98$0.00$1.98$2.22$2.02$0.20
2014Summary only. Only limited summary data is available for this year.$1.78$0.00$1.78$2.07$1.81$0.26
2013Summary only. Only limited summary data is available for this year.$1.52$0.00$1.52$1.88$1.87$0.01
2012Summary only. Only limited summary data is available for this year.$1.21$0.00$1.21$2.10$1.65$0.45
2011Summary only. Only limited summary data is available for this year.$1.21$0.00$1.21$2.10$1.65$0.45
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)6 • <$500k nonprofits