Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 42-1278185 • 501(c)6 • Tipton, IA
Profile
The tipton economic development corporation was established to work in cooperation with city of tipton officials to market the city of tipton to businesses to locate or expand and promote economic growth for the community as a whole.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
4th percentile
Faster revenue growth than 4% of similar nonprofits.
Assets
Down$0
Down $862,396 (-100%) from 2024
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$0
Down $279,583 (-100%) from 2024
Revenue
Down$3,853
Down $110,968 (-97%) from 2024
Expenses
Up$6,502
Up $4,102 (+171%) from 2024
Net Income
Down-$2,649
Down $115,070 (-102%) from 2024
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The tipton economic development corporation was established to work in cooperation with city of tipton officials to market the city of tipton to businesses to locate or expand and promote economic growth for the community as a whole. The organization does this through the following ativities: 1. 40% of our activities consist of presenting our community as a good place for a company to locate or expand. We accomplish this by gathering and collating information regarding infrastructure, site availability and pricing, comparative wage scales and similar facts about our community to present to industrial development prospects. This has been our primary activity since we began in 1986 and will continue to be in the future. This work is done in tipton by individual volunteer board members. 2. 20% of our activities consist of attempting to bring available land under control so we can market the land to prospects at an attractive price to them, as opposed to inflated prices that might be asked
The tipton economic development corporation was established to work in cooperation with city of tipton officials to market the city of tipton to businesses to locate or expand and promote economic growth for the community as a whole.
| Description | Grants | Expenses |
|---|---|---|
| THE TIPTON ECONOMIC DEVELOPMENT CORPORATION WAS CREATED FOR MARKETING THE CITY OF TIPTON AS A GOOD PLACE FOR A COMPANY TO LOCATE OR EXPAND. THE ORGANIZATION WORKS TOGETHER WITH CITY OF TIPTON OFFICIALS TO GATHER AND COLLATE INFORMATION REGARDING INFRASTRUCTURE, SITE AVAILABILITY AND PRICING, COMPARATIVE WAGE SCALES AND SIMILAR FACTS ABOUT OUR COMMUNITY TO PRESENT TO INDUSTRIAL DEVELOPMENT PROSPECTS. THE ORGANIZATION ALSO WORKS WITH CITY OFFICIALS TO BRING AVAILABLE LAND UNDER CONTROL SO THEY CAN MARKET THE LAND TO PROSPECTS AT AN ATTRACTIVE PRICE AS OPPOSED TO DEALING WITH INFLATED PRICES THAT INDIVIDUAL LANDOWNERS MIGHT CHARGE.WE ALSO COORDINATE WITH CITY OFFICIALS TO PRESENT AVAILABLE INCENTIVES SUCH AS LAND TAX ABATEMENT AND TAX INCREMENT FINANCING. MEMBERS OF OUR ORGANIZATION ARE ALSO AVAILABLE TO GIVE COMMUNITY TOURS AND OTHER MARKETING FUNCTIONS NEEDED TO ATTRACT BUSINESSES TO OUR COMMUNITY. OUR ORGANIZATION HAS TAKEN THE STEPS REQUIRED TO BECOME A SHOVEL READY CERTIFIED SITE TO MAKE THE TRANSITION TO LOCATE IN OUR COMMUNITY MORE ATTRACTIVE TO NEW BUSINESSES WHICH MAKES OUR COMMUNITY MORE MARKETABLE. | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LESLEY PUFFER | Treasurer | - | $0 | - | - |
| RENEE CROCK | Secretary | - | $0 | - | - |
| STUART CLARK | President | - | $0 | - | - |
| NIC WEERS | Director | - | $0 | - | - |
| SCOTT PEARSON | Director | - | $0 | - | - |
| BRUCE CARY | Director | - | $0 | - | - |
| DUANE WEBB | Director | - | $0 | - | - |
| DARLA KILBURG | Director | - | $0 | - | - |
“Tillable farmground real estate taxes 2,883 sign permits 60 total 2,943”
“Net assets distributed - see sch n -276,934”
“Sign 20,493 0 less accumulated depreciation 20,493 0 loan fees 4,418 0 less accumulated amortization 4,418 0 total 0 0”
“Mortgage and other notes payable 582,813 0”
“The tipton economic development corporation was established to work in cooperation with city of tipton officials to market the city of tipton to businesses to locate or expand and promote economic growth for the community as a whole.”
“The tipton economic development corporation was created for marketing the city of tipton as a good place for a company to locate or expand. The organization works together with city of tipton officials to gather and collate information regarding infrastructure, site availability and pricing, comparative wage scales and similar facts about our community to present to industrial development prospects. The organization also works with city officials to bring available land under control so they can market the land to prospects at an attractive price as opposed to dealing with inflated prices that individual landowners might charge.we also coordinate with city officials to present available incentives such as land tax abatement and tax increment financing. Members of our organization are also available to give community tours and other marketing functions needed to attract businesses to our community. Our organization has taken the steps required to become a shovel ready certified site to make the transition to locate in our community more attractive to new businesses which makes our community more marketable.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | STUART CLARK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5638864597 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 808 PLUM STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | TIPTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 52772 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 349592 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2649 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3559 |
| IRS990EZ/FinalReturnInd | 0 | X |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 862396 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 3853 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3853 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 512804 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 279583 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 279583 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | LESLEY PUFFER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | RENEE CROCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | STUART CLARK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | NIC WEERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | SCOTT PEARSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRUCE CARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | DUANE WEBB |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | DARLA KILBURG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -276934 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 2943 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE TIPTON ECONOMIC DEVELOPMENT CORPORATION WAS ESTABLISHED TO WORK IN COOPERATION WITH CITY OF TIPTON OFFICIALS TO MARKET THE CITY OF TIPTON TO BUSINESSES TO LOCATE OR EXPAND AND PROMOTE ECONOMIC GROWTH FOR THE COMMUNITY AS A WHOLE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE TIPTON ECONOMIC DEVELOPMENT CORPORATION WAS CREATED FOR MARKETING THE CITY OF TIPTON AS A GOOD PLACE FOR A COMPANY TO LOCATE OR EXPAND. THE ORGANIZATION WORKS TOGETHER WITH CITY OF TIPTON OFFICIALS TO GATHER AND COLLATE INFORMATION REGARDING INFRASTRUCTURE, SITE AVAILABILITY AND PRICING, COMPARATIVE WAGE SCALES AND SIMILAR FACTS ABOUT OUR COMMUNITY TO PRESENT TO INDUSTRIAL DEVELOPMENT PROSPECTS. THE ORGANIZATION ALSO WORKS WITH CITY OFFICIALS TO BRING AVAILABLE LAND UNDER CONTROL SO THEY CAN MARKET THE LAND TO PROSPECTS AT AN ATTRACTIVE PRICE AS OPPOSED TO DEALING WITH INFLATED PRICES THAT INDIVIDUAL LANDOWNERS MIGHT CHARGE.WE ALSO COORDINATE WITH CITY OFFICIALS TO PRESENT AVAILABLE INCENTIVES SUCH AS LAND TAX ABATEMENT AND TAX INCREMENT FINANCING. MEMBERS OF OUR ORGANIZATION ARE ALSO AVAILABLE TO GIVE COMMUNITY TOURS AND OTHER MARKETING FUNCTIONS NEEDED TO ATTRACT BUSINESSES TO OUR COMMUNITY. OUR ORGANIZATION HAS TAKEN THE STEPS REQUIRED TO BECOME A SHOVEL READY CERTIFIED SITE TO MAKE THE TRANSITION TO LOCATE IN OUR COMMUNITY MORE ATTRACTIVE TO NEW BUSINESSES WHICH MAKES OUR COMMUNITY MORE MARKETABLE. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 582813 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 6502 |
| IRS990EZ/TotalRevenueAmt | 0 | 3853 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.TIPTONIOWA.ORG |
| IRS990ScheduleN/AssetsDistributedInd | 0 | true |
| IRS990ScheduleN/BondsOutstandingInd | 0 | false |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | false |
| IRS990ScheduleN/EmployeeOfSuccessorInd | 0 | false |
| IRS990ScheduleN/LiabilitiesPaidInd | 0 | true |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | PARCEL 047011063000272 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 1 | PARCEL 048011063000273 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 2 | PARCEL 047011063000270 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 3 | PARCEL 048011063000090 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 4 | CHECKING ACCOUNT |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 0 | 2025-05-23 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 1 | 2025-05-23 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 2 | 2025-05-23 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 3 | 2025-05-23 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt | 4 | 2025-05-29 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 0 | 426005280 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 1 | 426005280 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 2 | 426005280 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 3 | 426005280 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN | 4 | 426005280 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 807330 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 1 | 167620 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 2 | 271660 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 3 | 41990 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt | 4 | 346944 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 0 | CITY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 1 | CITY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 2 | CITY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 3 | CITY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt | 4 | CITY |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | COMPARABLE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 1 | COMPARABLE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 2 | COMPARABLE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 3 | COMPARABLE |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt | 4 | ACTUAL |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm | 0 | CITY OF TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm | 1 | CITY OF TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm | 2 | CITY OF TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm | 3 | CITY OF TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm | 4 | CITY OF TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 0 | 407 LYNN ST |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 1 | 407 LYNN ST |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 2 | 407 LYNN ST |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 3 | 407 LYNN ST |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt | 4 | 407 LYNN STREET |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine2Txt | 0 | CITY OF TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 0 | TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 1 | TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 2 | TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 3 | TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm | 4 | TIPTON |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 1 | IA |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 2 | IA |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 3 | IA |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd | 4 | IA |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 0 | 52772 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 1 | 52772 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 2 | 52772 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 3 | 52772 |
| IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd | 4 | 52772 |
| IRS990ScheduleN/OwnerOfSuccessorInd | 0 | false |
| IRS990ScheduleN/ReceiveCompensationInd | 0 | false |
| IRS990ScheduleN/RequiredToNotifyAGInd | 0 | true |
| IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION OF ASSETS DISTRIBUTED: THESE WERE ALL DISTRIBUTED ON MAY 23, 2025. PARCEL 047011063000272 PARCEL H IN THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER AND THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER OF SECTION 6, TOWNSHIP 80 NORTH, RANGE 2, WEST OF THE 5TH PRINCIPAL MERIDIAN, TIPTON, CEDAR COUNTY, IOWA, CONTAINING 5.35 ACRES, MORE OR LESS, AS SHOWN IN PLAT BOOK F ON PAGE 33 IN THE CEDAR COUNTY RECORDER'S OFFICE. AND PARCEL I IN THE EAST HALF OF THE SOUTHWEST QUARTER AND THE WEST HALF OF THE SOUTHEAST QUARTER, ALL IN SECTION 6, TOWNSHIP 80 NORTH, RANGE 2, WEST OF THE 5TH PRINCIPAL MERIDIAN, CEDAR COUNTY, IOWA, CONTAINING 44.65 ACRES, MORE OR LESS INCLUDING 0.97 ACRES OF ROAD RIGHT-OF-WAY ACROSS THE EASTERLY PORTION THEREOF, AS SHOWN IN PLAT BOOK F ON PAGE 52 IN THE CEDAR COUNTY RECORDER'S OFFICE. PARCEL 048011063000273 A TRACT OF LAND LOCATED IN THE SOUTHWEST QUARTER OF SECTION SIX (6), TOWNSHIP EIGHTY (80) NORTH, RANGE TWO (2), WEST OF THE 5TH PRINCIPAL MERIDIAN, CEDAR COUNTY, IOWA, BEING MORE PARTICULARLY BOUNDED AND DESCRIBED TO-WIT: COMMENCING AT THE SOUTHWEST CORNER OF SAID SECTION 6 AND ASSUMING THE SOUTH LINE OF THE SOUTHWEST QUARTER TO BEAR S8959'50"E; THENCE S89 59'50"E, 490.91 FEET TO THE POINT OF BEGINNING; THENCE CONTINUING S89 59'50"E, 882.73 FEET; THENCE N124'50"W, 1329.48 FEET; THENCE N108'39"W, 526.17 FEET; THENCE N9000'00"W, 146.72 FEET; THENCE S047'14"E, 347.57 FEET; THENCE SOUTHWESTERLY ON A 1985 FOOT RADIUS CURVE, 178.94 FEET; THENCE S8959'55"W, 75.45 FEET; THENCE SOUTHWESTERLY ON A 1910 FOOT RADIUS CURVE, 1027.10 FEET; THENCE S3549'27"W, 450.01 FEET TO THE POINT OF BEGINNING. SAID TRACT OF LAND CONTAINING 17.42 ACRES. PARCEL 04701163000270 LOT 3 OF TIPTON BUSINESS PARK FIRST SUBDIVISION TO TIPTON, CEDAR COUNTY, IOWA, EXCEPT LOTS 1, 2, 3 AND 4 OF SAID LOT 3. PARCEL 048011063000090 PARCEL F, EXCEPT LOT 1 OF PARCEL F IN THE NORTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 6, TOWNSHIP 80 NORTH, RANGE 2, WEST OF THE 5TH PRINCIPAL MERIDIAN, CEDAR COUNTY, IOWA, AS SHOWN IN PLAT BOOK E ON PAGE 10 IN THE CEDAR COUNTY RECORDER'S OFFICE. FINAL DISTRIBUTION OF CASH OF 346,943.81 WAS MADE ON MAY 29, 2025. |
| IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE N |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TILLABLE FARMGROUND REAL ESTATE TAXES 2,883 SIGN PERMITS 60 TOTAL 2,943 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NET ASSETS DISTRIBUTED - SEE SCH N -276,934 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | SIGN 20,493 0 LESS ACCUMULATED DEPRECIATION 20,493 0 LOAN FEES 4,418 0 LESS ACCUMULATED AMORTIZATION 4,418 0 TOTAL 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | MORTGAGE AND OTHER NOTES PAYABLE 582,813 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE TIPTON ECONOMIC DEVELOPMENT CORPORATION WAS ESTABLISHED TO WORK IN COOPERATION WITH CITY OF TIPTON OFFICIALS TO MARKET THE CITY OF TIPTON TO BUSINESSES TO LOCATE OR EXPAND AND PROMOTE ECONOMIC GROWTH FOR THE COMMUNITY AS A WHOLE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE TIPTON ECONOMIC DEVELOPMENT CORPORATION WAS CREATED FOR MARKETING THE CITY OF TIPTON AS A GOOD PLACE FOR A COMPANY TO LOCATE OR EXPAND. THE ORGANIZATION WORKS TOGETHER WITH CITY OF TIPTON OFFICIALS TO GATHER AND COLLATE INFORMATION REGARDING INFRASTRUCTURE, SITE AVAILABILITY AND PRICING, COMPARATIVE WAGE SCALES AND SIMILAR FACTS ABOUT OUR COMMUNITY TO PRESENT TO INDUSTRIAL DEVELOPMENT PROSPECTS. THE ORGANIZATION ALSO WORKS WITH CITY OFFICIALS TO BRING AVAILABLE LAND UNDER CONTROL SO THEY CAN MARKET THE LAND TO PROSPECTS AT AN ATTRACTIVE PRICE AS OPPOSED TO DEALING WITH INFLATED PRICES THAT INDIVIDUAL LANDOWNERS MIGHT CHARGE.WE ALSO COORDINATE WITH CITY OFFICIALS TO PRESENT AVAILABLE INCENTIVES SUCH AS LAND TAX ABATEMENT AND TAX INCREMENT FINANCING. MEMBERS OF OUR ORGANIZATION ARE ALSO AVAILABLE TO GIVE COMMUNITY TOURS AND OTHER MARKETING FUNCTIONS NEEDED TO ATTRACT BUSINESSES TO OUR COMMUNITY. OUR ORGANIZATION HAS TAKEN THE STEPS REQUIRED TO BECOME A SHOVEL READY CERTIFIED SITE TO MAKE THE TRANSITION TO LOCATE IN OUR COMMUNITY MORE ATTRACTIVE TO NEW BUSINESSES WHICH MAKES OUR COMMUNITY MORE MARKETABLE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART III, LINE 28 |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5638862131 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-08-18 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TIPTON ECONOMIC DEVELOPMENT CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TIPT |
| ReturnHeader/Filer/EIN | 0 | 421278185 |
| ReturnHeader/Filer/PhoneNum | 0 | 5638864597 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 407 LYNN ST |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TIPTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 527721633 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LATTAHARRIS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1201 NORTH AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TIPTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 52772 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5638862187 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-08-18 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID L BORNE CPA |
| ReturnHeader/ReturnTs | 0 | 2025-08-22T05:54:27-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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