Civic Intelligence

Gateway Area Foundation

990 • Fiscal year 2017 • EIN 42-1270203

Jun 01, 2016 to May 31, 2017 • Filed on Sep 27, 2017

Organization ProfileN/A
721 South Second StreetClinton, IA 52732

(563) 242-5702

Siviq Scores

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

Liabilities / Assets

70th percentile

0.17x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.38x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

3rd percentile

-44%

Faster asset growth than 3% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-78%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$642,485

Down $510,853 (-44%) from 2016

Net Assets

Up

$532,642

Up $46,685 (+9.6%) from 2016

Liabilities

Down

$109,843

Down $557,538 (-84%) from 2016

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin73rd percentile

Revenue

Down

$289,954

Down $1,045,720 (-78%) from 2016

Expenses

Down

$243,269

Down $1,058,336 (-81%) from 2016

Net Income

Up

$46,685

Up $12,616 (+37%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $810,593Liabilities 2011: $269,019Net Assets 2011: $541,5742011Assets 2012: $731,687Liabilities 2012: $220,295Net Assets 2012: $511,3922012Assets 2013: $670,696Liabilities 2013: $189,151Net Assets 2013: $481,5452013Assets 2014: $642,247Liabilities 2014: $177,402Net Assets 2014: $464,8452014Assets 2015: $601,793Liabilities 2015: $149,905Net Assets 2015: $451,8882015Assets 2016: $1,153,338Liabilities 2016: $667,381Net Assets 2016: $485,9572016Assets 2017: $642,485Liabilities 2017: $109,843Net Assets 2017: $532,6422017Assets 2018: $651,544Liabilities 2018: $91,952Net Assets 2018: $559,5922018Assets 2019: $647,133Liabilities 2019: $77,745Net Assets 2019: $569,3882019Assets 2020: $631,727Liabilities 2020: $64,720Net Assets 2020: $567,0072020Assets 2021: $627,814Liabilities 2021: $48,882Net Assets 2021: $578,9322021Assets 2022: $587,490Liabilities 2022: $9,062Net Assets 2022: $578,4282022Assets 2023: $585,565Liabilities 2023: $9,882Net Assets 2023: $575,6832023Assets 2025: $597,918Liabilities 2025: $10,570Net Assets 2025: $587,3482025

Highlighted filing

2017

Assets$642,485
Liabilities$109,843
Net Assets$532,642
Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $95,112Expenses 2011: $118,084Net Income 2011: -$22,9722011Expenses 2012: $100,8072012Expenses 2013: $93,8232013Revenue 2014: $63,658Expenses 2014: $80,358Net Income 2014: -$16,7002014Revenue 2015: $51,194Expenses 2015: $64,151Net Income 2015: -$12,9572015Revenue 2016: $1,335,674Expenses 2016: $1,301,605Net Income 2016: $34,0692016Revenue 2017: $289,954Expenses 2017: $243,269Net Income 2017: $46,6852017Revenue 2018: $162,697Expenses 2018: $135,747Net Income 2018: $26,9502018Revenue 2019: $77,877Expenses 2019: $68,081Net Income 2019: $9,7962019Revenue 2020: $59,807Expenses 2020: $62,188Net Income 2020: -$2,3812020Revenue 2021: $83,688Expenses 2021: $71,763Net Income 2021: $11,9252021Revenue 2022: $82,575Expenses 2022: $83,079Net Income 2022: -$5042022Revenue 2023: $57,394Expenses 2023: $60,139Net Income 2023: -$2,7452023Revenue 2025: $74,089Expenses 2025: $76,777Net Income 2025: -$2,6882025

Highlighted filing

2017

Revenue$289,954
Expenses$243,269
Net Income$46,685
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2016 to May 31, 2017
Signed
Sep 27, 2017
Return Version
2016v3.0
Gross Receipts
$294,561
Mission and Program Overview

Mission

To promote economic education and community development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$560,915$544,565▼ $16,350
Pledges and Grants Receivable$252,853--
Cash and Non-Interest-Bearing Accounts$325,850$87,934▼ $237,916
Savings and Temporary Cash Investments$8,045$8,045→ $0
Accounts Receivable$5,675$1,941▼ $3,734
Total Assets$1,153,338$642,485▼ $510,853
Liabilities
Mortgage Notes Payable Secured by Investment Property$113,369$99,001▼ $14,368
Other Liabilities$7,620$6,717▼ $903
Accounts Payable and Accrued Expenses$545,192$4,125▼ $541,067
Deferred Revenue$1,200--
Total Liabilities$667,381$109,843▼ $557,538
Net Assets / Fund Balance
Unrestricted Net Assets$483,620$526,903▲ $43,283
Temporarily Rstr Net Assets$2,337$5,739▲ $3,402
Total Net Assets Fund Balance$485,957$532,642▲ $46,685
Total Liabilities and Net Assets / Fund Balance$1,153,338$642,485▼ $510,853

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$451,752$178,787$630,539
Land$92,813-$92,813
Equipment-$1,991$1,991
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Greg FarwellChair
RICHARD O'LEARYPast Chair
Brenda ThortonDirector
Brigham TubbsDirector
Dr Mark SchroederDirector
Julie AlleseeDirector
Mike JohnsonDirector
Richard PhelanDirector
Rod TokeimDirector
Jenny BoysenDriector
Maureen MillerSecretary
Jacqueline a RutledgeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$194,287
Program Service Revenue
$95,497
Investment Income
$0
Other Revenue
$170
All Other Contributions
$194,287
Change in Net Assets
$46,685

Audited Revenue Reconciliation

Revenue per Audited Statements
$289,954
Revenue Not Reported on Form 990
$4,606
Total Revenue per Audited Statements
$294,560
Total Revenue per Form 990
$289,954
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$243,269
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$30,000--$30,000
Depreciation Depletion$16,350--$16,350
Occupancy$15,912--$15,912
All Other Expenses$10,104--$10,104
Insurance$5,372--$5,372
Interest$4,895--$4,895
Total Functional Expenses$243,269$0$0$243,269

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$247,875
Expenses per Audited Statements$243,269
Total Expenses per Form 990$243,269
Expenses Not Reported on Form 990$4,606
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$4,777
Gaming Direct Expenses$4,607
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Property Taxes Payable$6,241
Accrued Interest$476
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 11B

“Financial statements and tax return are presented to the board at a monthly board meeting to review and discuss.”

Form 990, Page 6, Part VI, Line 12C

“Annual disclosure of interests by the board of directors are required, with the chair responsible for monitoring & enforcing the policy.”

Form 990, Page 6, Part VI, Line 15A

“The foundation does not pay any compensation. It pays the clinton area chamber of commerce an administrative fee for services.”

Form 990, Page 6, Part VI, Line 15B

“The organization does not pay compensation to its officers nor do they have any employees.”

Form 990, Page 6, Part VI, Line 19

“The 990 return is available at the foundation office upon request.”

Filing and Contact Details

Filer

Filer Name
Gateway Area Foundation
EIN
42-1270203
Phone
5632425702
Address
721 SOUTH SECOND STREET, CLINTON, IA 52732

Signing Officer

Name
Maureen Miller
Title
Secretary
Phone
5632425702
Signed
2017-09-27

Organization Details

Principal Officer
Maureen Miller
Formed
2002
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Miner Gilroy and Meade CPA Pc
Address
1050 N 18TH ST, CLINTON, IA 52732
Preparer
David Meade CPA
Phone
5632430280
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Chairs meet monthly to review foundation finances and activities. Leadership institute participants are educated about economic and social community elements and "learn by doing" by actively doing a project to add value to the community.”

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

“Substantially all use of property for exempt purposes - 8% of rental expenses unrelated to exempt purpose.”

Form 990, Part XI, Line 9

“Direct exp - camanche days & raffle 4,606 direct exp - camanche days & raffle -4,606”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“Direct exp - camanche days & raffle 4,606”

Schedule D, Page 4, Part XII, Line 2D

“Direct exp - camanche days & raffle 4,606”

Raw XML AppendixShowing 400 of 435 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0545192
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04125
IRS990/AccountsReceivableGrp/BOYAmt05675
IRS990/AccountsReceivableGrp/EOYAmt01941
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE ECONOMIC EDUCATION AND COMMUNITY DEVELOPMENT.
IRS990/AllOtherContributionsAmt0194287
IRS990/AllOtherExpensesGrp/ProgramServicesAmt010104
IRS990/AllOtherExpensesGrp/TotalAmt010104
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JACQUELINE A RUTLEDGE
IRS990/BooksInCareOfDetail/PhoneNum05632425702
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0721 S 2ND ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0CLINTON IA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052732
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0325850
IRS990/CashNonInterestBearingGrp/EOYAmt087934
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0194287
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0243269
IRS990/CYOtherRevenueAmt0170
IRS990/CYProgramServiceRevenueAmt095497
IRS990/CYRevenuesLessExpensesAmt046685
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0243269
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0289954
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01200
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt016350
IRS990/DepreciationDepletionGrp/TotalAmt016350
IRS990/Desc0PROVIDE FUNDING FOR EDUCATIONAL AND LEADERSHIP PROJECTS AND COMMUNITY DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0239858
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
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/IndividualTrusteeOrDirectorInd11X
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/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD O'LEARY
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNY BOYSEN
IRS990/Form990PartVIISectionAGrp/PersonNm2BRENDA THORTON
IRS990/Form990PartVIISectionAGrp/PersonNm3MIKE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm4JACQUELINE A RUTLEDGE
IRS990/Form990PartVIISectionAGrp/PersonNm5ROD TOKEIM
IRS990/Form990PartVIISectionAGrp/PersonNm6MAUREEN MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm7GREG FARWELL
IRS990/Form990PartVIISectionAGrp/PersonNm8RICHARD PHELAN
IRS990/Form990PartVIISectionAGrp/PersonNm9JULIE ALLESEE
IRS990/Form990PartVIISectionAGrp/PersonNm10DR MARK SCHROEDER
IRS990/Form990PartVIISectionAGrp/PersonNm11BRIGHAM TUBBS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DRIECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt04607
IRS990/GamingGrossIncomeAmt04777
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0294561
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt05372
IRS990/InsuranceGrp/TotalAmt05372
IRS990/InterestGrp/ProgramServicesAmt04895
IRS990/InterestGrp/TotalAmt04895
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0180778
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0560915
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0544565
IRS990/LandBldgEquipCostOrOtherBssAmt0725343
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE ECONOMIC EDUCATION AND COMMUNITY DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0113369
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt099001
IRS990/NetAssetsOrFundBalancesBOYAmt0485957
IRS990/NetAssetsOrFundBalancesEOYAmt0532642
IRS990/NetIncomeFromGamingGrp/ExclusionAmt0170
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt0170
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt015912
IRS990/OccupancyGrp/TotalAmt015912
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0CELEBRATE CLINTON EXPENSE
IRS990/OtherExpensesGrp/Desc1ASHFORD STEM ORIENTED
IRS990/OtherExpensesGrp/Desc2ROTARY PROJECT EXPENSE
IRS990/OtherExpensesGrp/Desc3CRDC VISION 2020 EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt067970
IRS990/OtherExpensesGrp/ProgramServicesAmt153349
IRS990/OtherExpensesGrp/ProgramServicesAmt239317
IRS990/OtherExpensesGrp/ProgramServicesAmt330000
IRS990/OtherExpensesGrp/TotalAmt067970
IRS990/OtherExpensesGrp/TotalAmt153349
IRS990/OtherExpensesGrp/TotalAmt239317
IRS990/OtherExpensesGrp/TotalAmt330000
IRS990/OtherLiabilitiesGrp/BOYAmt07620
IRS990/OtherLiabilitiesGrp/EOYAmt06717
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0252853
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MAUREEN MILLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL-8% OF UNIT OWNED
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM SERVICE INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt083502
IRS990/ProgramServiceRevenueGrp/ExclusionAmt13745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt083502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23745
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt08250
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SUBSTANTIALLY ALL USE OF PROPERTY FOR EXEMPT PURPOSES - 8% OF RENTAL EXPENSES UNRELATED TO EXEMPT PURPOSE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03411
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01214480
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt023
IRS990/PYOtherExpensesAmt01301605
IRS990/PYOtherRevenueAmt0-758
IRS990/PYProgramServiceRevenueAmt0121929
IRS990/PYRevenuesLessExpensesAmt034069
IRS990/PYTotalExpensesAmt01301605
IRS990/PYTotalRevenueAmt01335674
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt046685
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08045
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08045
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PROGRAM OTHER INCOME 280,136
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0194287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01214480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0435
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0416
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01415868
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt067
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0196
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt092024
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0118229
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt050472
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt060094
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt051341
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0372160
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79180
IRS990ScheduleA/PublicSupportPY170Pct00.78730
IRS990ScheduleA/PublicSupportTotal170Amt01415868
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0194287
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01214480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0435
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0416
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06250
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01415868
IRS990ScheduleA/TotalSupportAmt01788224
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0451752
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0178787
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0630539
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01991
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01991
IRS990ScheduleD/ExpensesNotReportedAmt04606
IRS990ScheduleD/ExpensesSubtotalAmt0243269
IRS990ScheduleD/LandGrp/BookValueAmt092813
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt092813
IRS990ScheduleD/OtherExpensesIncludedAmt04606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06241
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1476
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PROPERTY TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherRevenueAmt04606
IRS990ScheduleD/RevenueNotReportedAmt04606
IRS990ScheduleD/RevenueSubtotalAmt0289954
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT EXP - CAMANCHE DAYS & RAFFLE 4,606
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT EXP - CAMANCHE DAYS & RAFFLE 4,606
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0544565
IRS990ScheduleD/TotalExpensesPerForm990Amt0243269
IRS990ScheduleD/TotalLiabilityAmt06717
IRS990ScheduleD/TotalRevenuePerForm990Amt0289954
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0294560
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0247875
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHAIRS MEET MONTHLY TO REVIEW FOUNDATION FINANCES AND ACTIVITIES. LEADERSHIP INSTITUTE PARTICIPANTS ARE EDUCATED ABOUT ECONOMIC AND SOCIAL COMMUNITY ELEMENTS AND "LEARN BY DOING" BY ACTIVELY DOING A PROJECT TO ADD VALUE TO THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SUBSTANTIALLY ALL USE OF PROPERTY FOR EXEMPT PURPOSES - 8% OF RENTAL EXPENSES UNRELATED TO EXEMPT PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL STATEMENTS AND TAX RETURN ARE PRESENTED TO THE BOARD AT A MONTHLY BOARD MEETING TO REVIEW AND DISCUSS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANNUAL DISCLOSURE OF INTERESTS BY THE BOARD OF DIRECTORS ARE REQUIRED, WITH THE CHAIR RESPONSIBLE FOR MONITORING & ENFORCING THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION DOES NOT PAY ANY COMPENSATION. IT PAYS THE CLINTON AREA CHAMBER OF COMMERCE AN ADMINISTRATIVE FEE FOR SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT PAY COMPENSATION TO ITS OFFICERS NOR DO THEY HAVE ANY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE 990 RETURN IS AVAILABLE AT THE FOUNDATION OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DIRECT EXP - CAMANCHE DAYS & RAFFLE 4,606 DIRECT EXP - CAMANCHE DAYS & RAFFLE -4,606
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt02337
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt05739
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01153338
IRS990/TotalAssetsEOYAmt0642485
IRS990/TotalAssetsGrp/BOYAmt01153338
IRS990/TotalAssetsGrp/EOYAmt0642485
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0194287
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0243269
IRS990/TotalFunctionalExpensesGrp/TotalAmt0243269
IRS990/TotalGrossUBIAmt08250
IRS990/TotalLiabilitiesBOYAmt0667381
IRS990/TotalLiabilitiesEOYAmt0109843
IRS990/TotalLiabilitiesGrp/BOYAmt0667381
IRS990/TotalLiabilitiesGrp/EOYAmt0109843
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0485957
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0532642
IRS990/TotalOtherProgSrvcExpenseAmt03411
IRS990/TotalProgramServiceExpensesAmt0243269
IRS990/TotalProgramServiceRevenueAmt095497
IRS990/TotalRevenueGrp/ExclusionAmt087417
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0289954
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt08250
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01153338
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0642485
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0483620
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0526903
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0721 SOUTH SECOND STREET
IRS990/USAddress/CityNm0CLINTON

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$642,485
Liabilities
$109,843
Net assets
$532,642
Revenue
$289,954
Expenses
$243,269
Net income
$46,685
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.01$0.59$0.07$0.08$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.01$0.58$0.06$0.06$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.01$0.58$0.08$0.08$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.05$0.58$0.08$0.07$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.06$0.57$0.06$0.06$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.08$0.57$0.08$0.07$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.09$0.56$0.16$0.14$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.64$0.11$0.53$0.29$0.24$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.15$0.67$0.49$1.34$1.30$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.15$0.45$0.05$0.06$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.18$0.46$0.06$0.08$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.19$0.48$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.22$0.51$0.10
2011Summary only. Only limited summary data is available for this year.$0.81$0.27$0.54$0.10$0.12$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $500k-$1M nonprofits