Civic Intelligence

Dewitt Chamber & Development Co

990 • Fiscal year 2023 • EIN 42-1342254

Jun 01, 2022 to May 31, 2023 • Filed on Jan 13, 2024

1010 6th AvenueDewitt, IA 52742

(563) 659-8508

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$808,927

Up $10,612 (+1.3%) from 2022

Net Assets

Down

$660,966

Down $19,250 (-2.8%) from 2022

Liabilities

Up

$147,961

Up $29,862 (+25%) from 2022

Revenue And Expenses

Revenue

Down

$238,396

Down $33,421 (-12%) from 2022

Expenses

Up

$257,646

Up $19,766 (+8.3%) from 2022

Net Income

Down

-$19,250

Down $53,187 (-157%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $584,286Liabilities 2011: $229,018Net Assets 2011: $355,2682011Assets 2012: $529,934Liabilities 2012: $231,846Net Assets 2012: $298,0882012Assets 2013: $827,717Liabilities 2013: $256,318Net Assets 2013: $571,3992013Assets 2014: $659,785Liabilities 2014: $250,068Net Assets 2014: $409,7172014Assets 2015: $703,819Liabilities 2015: $262,750Net Assets 2015: $441,0692015Assets 2016: $735,477Liabilities 2016: $289,930Net Assets 2016: $445,5472016Assets 2017: $709,926Liabilities 2017: $268,059Net Assets 2017: $441,8672017Assets 2018: $749,358Liabilities 2018: $280,582Net Assets 2018: $468,7762018Assets 2019: $777,663Liabilities 2019: $284,943Net Assets 2019: $492,7202019Assets 2020: $842,571Liabilities 2020: $289,925Net Assets 2020: $552,6462020Assets 2021: $867,364Liabilities 2021: $221,085Net Assets 2021: $646,2792021Assets 2022: $798,315Liabilities 2022: $118,099Net Assets 2022: $680,2162022Assets 2023: $808,927Liabilities 2023: $147,961Net Assets 2023: $660,9662023Assets 2024: $853,366Liabilities 2024: $180,533Net Assets 2024: $672,8332024Assets 2025: $1,035,329Liabilities 2025: $162,880Net Assets 2025: $872,4492025

Highlighted filing

2023

Assets$808,927
Liabilities$147,961
Net Assets$660,966

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $108,7172011Revenue 2012: $105,571Expenses 2012: $162,750Net Income 2012: -$57,1792012Expenses 2013: $160,4172013Revenue 2014: $37,821Expenses 2014: $192,285Net Income 2014: -$154,4642014Revenue 2015: $193,610Expenses 2015: $162,261Net Income 2015: $31,3492015Revenue 2016: $195,983Expenses 2016: $183,490Net Income 2016: $12,4932016Revenue 2017: $206,783Expenses 2017: $210,463Net Income 2017: -$3,6802017Revenue 2018: $222,463Expenses 2018: $195,554Net Income 2018: $26,9092018Revenue 2019: $218,710Expenses 2019: $194,766Net Income 2019: $23,9442019Revenue 2020: $264,060Expenses 2020: $204,134Net Income 2020: $59,9262020Revenue 2021: $302,612Expenses 2021: $208,979Net Income 2021: $93,6332021Revenue 2022: $271,817Expenses 2022: $237,880Net Income 2022: $33,9372022Revenue 2023: $238,396Expenses 2023: $257,646Net Income 2023: -$19,2502023Revenue 2024: $316,544Expenses 2024: $304,677Net Income 2024: $11,8672024Revenue 2025: $511,405Expenses 2025: $311,789Net Income 2025: $199,6162025

Highlighted filing

2023

Revenue$238,396
Expenses$257,646
Net Income-$19,250
Jump To
Filing Snapshot
Filing Period
Jun 1, 2022 to May 31, 2023
Signed
Jan 13, 2024
Return Version
2022v5.0
Gross Receipts
$238,396
Mission and Program Overview

Mission

Supporting existing businesses, attract new businesses, and assist in enhancing the quality of life for our community.

We are a non profit organization with the mission of supporting existing businesses, attracting new businesses,and assisting in the enhancement of quality of life in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$680,216$660,966▼ $19,250
Savings and Temporary Cash Investments$586,919$588,218▲ $1,299
Inventories for Sale or Use$158,341$158,341→ $0
Investments in Publicly Traded Securities$39,950$39,950→ $0
Cash and Non-Interest-Bearing Accounts$9,847$18,008▲ $8,161
Prepaid Expenses and Deferred Charges$2,850$4,255▲ $1,405
Land, Buildings, and Equipment, Net$408$155▼ $253
Total Assets$798,315$808,927▲ $10,612
Liabilities
Other Liabilities$108,791$138,656▲ $29,865
Accounts Payable and Accrued Expenses$9,308$9,305▼ $3
Total Liabilities$118,099$147,961▲ $29,862
Net Assets / Fund Balance
Total Net Assets Fund Balance$680,216$660,966▼ $19,250
Total Liabilities and Net Assets / Fund Balance$798,315$808,927▲ $10,612
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Angela RheingansBoard Sec/exFT$103,667$103,667

Board Members and Trustees

NameTitle
Greg GannonChair
Dan PetersonVice Chair
Beth HughesDirector
Bridget MillerDirector
Connor MurphyDirector
Dana TrenkampDirector
Josh DanielDirector
Kaleb DiricoDirector
Leanna BenderDirector
Mary SandryDirector
Paula StewardDirector
Ted PapugaDirector
Wayne StuedemannDirector
Steve HasenmillerExec Board
Steve LindnerExec Board
Gary ChronesCity Council
Luanne SmithCity Council
Scott WileyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$212,546
Program Service Revenue
$16,874
Investment Income
$6,391
Other Revenue
$2,585
Change in Net Assets
$-19,250
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$193,007
Other Expenses$64,639
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$79,571$95,000-$174,571
Payroll Taxes-$13,355-$13,355
Advertising$11,980--$11,980
All Other Expenses$1,934$8,469-$10,403
Conferences and Meetings-$6,661-$6,661
Fees for Services Accounting-$5,300-$5,300
Pension Plan Contributions$2,231$2,850-$5,081
Office Expenses-$4,693-$4,693
Insurance-$3,964-$3,964
Travel-$3,298-$3,298
Other Expenses-$3,037-$3,037
Depreciation Depletion-$252-$252
Total Functional Expenses$95,716$161,930$0$257,646
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
City of Dewitt$67,161
Chamber Dollars Outstanding$34,975
Prepaid Public Support$29,627
Payroll Taxes Payable$5,063
Prepaid Dues$1,830
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
No
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

No review was or will be conducted.

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

The directors must sign an annual confidentiality statement.

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

The executive committee leads the annual review of the president and ceo. They solicit feedback from all board members prior to the review. The ec members then complete a written review and have the president and ceo complete a self assessment of the past year and future goals. Compensation changes are addressed during the review. The executive committee approves and then recommends the review to the board of directors, whom then approve the compensation change.

Form 990, Page 6, Part VI, Line 19

Documents are available for inspection upon request at the dewitt development company offices.

Filing and Contact Details

Filer

Filer Name
Dewitt Chamber & Development Co
EIN
42-1342254
Phone
5636598508
Address
1010 6TH AVENUE, DEWITT, IA 52742

Signing Officer

Name
Angela Rheingans
Title
Board Sec/exec Direc
Phone
5636598508
Signed
2024-01-13

Organization Details

Principal Officer
Greg Gannon
Voting Board Members
19
Independent Board Members
19
Employees
3
Volunteers
103

Preparer

Firm
Schuster Meinsma Tax & Accounting Pllc
Address
1015 6TH AVE, DE WITT, IA 52742-1332
Preparer
Catherine Meinsma CPA
Phone
5636599127
Supplemental Narrative

Additional Explanations

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

The dcdc is involved in supporting existing businesses and recruiting new businesses to the dewitt area. The dcdc partners with three regional economic development entities, grow clinton, quad cities chamber, and prosperity eastern iowa, and the state of iowa to recruit new business to the crossroads business park and community at large. The dcdc responds to prospective business inquiries regarding expansion of opportunities in our community. Our staff partners and leads community workforce development initiatives with businesses, community colleges and high schools in our region; including roundtable discussions, mock interviews, job shadows and internships and a science, technology, engineering and mathematics (stem) festival. The dcdc continue conversations with our area community college to expand services to our community which encouraged the development of the new career advancement center in dewitt. 38,730 of chamber bucks gift checks were purchased by the community. This dollar for dollar program keeps spending local. A look local first initiative was also maintained, encouraging residents, employees and visitors to purchase goods and services in the community. To date the llf program has tracked 4.93 million dollars in local purchases. The dcdc leads the community in sharing general and organization specific information regarding federal and state initiatives with area businesses.

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

The dcdc promotes member business development. Membership includes 243 member businesses. We continue to offer a dues structure that allows members to choose the tier of membership they can afford and what they would benefit from. The dcdc ambassadors welcomed 8 new business to dewitt and celebrated 5 spotlight on successses for existing business growth and participated in 4 ground breakings. We recognized our outstanding members in our "members choice awards" that allows members and the community to cast their vote in different categories of business excellence and personal community volunteerism. Membership after hours events were held promoting networking between prospective and active members on a monthly basis. New member packets are distributed and quarterly dcdc 101 information sessions are held for new member company representatives. The annual golf bash fundraiser was held raising nearly 11,000 to fund dcdc initiatives. The dcdc newsletter "chamber link" is sent to over 697 people on a quarterly basis.

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

The dcdc works to improve branding and community relations for the dewitt community. Total number of community events we promoted grew to 815 community events which was distributed to over 2,000 subscribers to our weekly "what's happening in dewitt" e-newsletter, and shared to 5,000 followers on social media. Thousands of visitors brochures and community guides were distributed to residents, employees and visitors. A new holiday decor campaign was launched, "light up dewitt", which raised nearly 9,000 towards the goal of purchasing new downtown holiday lights and decor. A "welcome to dewitt" program for new residents and employees continues to be offered to new residents. The program was extended to potential employees to better support our existing businesses as they work to attract a high quality work force. The dcdc partners with the eastern iowa tourism, visit quad cities, and other regional chambers to promote community attractions and businesses to visitors. The dcdc website, dewittiowa.org, continues to be the primary dewitt community website with 235,369 page clicks. A local job posting function of the website is promoted and successfully utilized with 21,367 website page views last year. Several community events were coordinated by the dcdc including summer movies in the park, autumn fest, santa visits, a hometown christmas weekend and community wine walk and, new last year, a weekly tunes in town concert series that fills our community park with 1,000+ people on its busiest tuesday nights from june-august.

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

Support existing businesses, attract new business,and assist in enhancing the quality of life for our community.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2CITY COUNCIL
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXEC BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXEC BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CITY COUNCIL
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE DCDC PROMOTES MEMBER BUSINESS DEVELOPMENT. MEMBERSHIP INCLUDES 243 MEMBER BUSINESSES. WE CONTINUE TO OFFER A DUES STRUCTURE THAT ALLOWS MEMBERS TO CHOOSE THE TIER OF MEMBERSHIP THEY CAN AFFORD AND WHAT THEY WOULD BENEFIT FROM. THE DCDC AMBASSADORS WELCOMED 8 NEW BUSINESS TO DEWITT AND CELEBRATED 5 SPOTLIGHT ON SUCCESSSES FOR EXISTING BUSINESS GROWTH AND PARTICIPATED IN 4 GROUND BREAKINGS. WE RECOGNIZED OUR OUTSTANDING MEMBERS IN OUR "MEMBERS CHOICE AWARDS" THAT ALLOWS MEMBERS AND THE COMMUNITY TO CAST THEIR VOTE IN DIFFERENT CATEGORIES OF BUSINESS EXCELLENCE AND PERSONAL COMMUNITY VOLUNTEERISM. MEMBERSHIP AFTER HOURS EVENTS WERE HELD PROMOTING NETWORKING BETWEEN PROSPECTIVE AND ACTIVE MEMBERS ON A MONTHLY BASIS. NEW MEMBER PACKETS ARE DISTRIBUTED AND QUARTERLY DCDC 101 INFORMATION SESSIONS ARE HELD FOR NEW MEMBER COMPANY REPRESENTATIVES. THE ANNUAL GOLF BASH FUNDRAISER WAS HELD RAISING NEARLY 11,000 TO FUND DCDC INITIATIVES. THE DCDC NEWSLETTER "CHAMBER LINK" IS SENT TO OVER 697 PEOPLE ON A QUARTERLY BASIS.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE DCDC WORKS TO IMPROVE BRANDING AND COMMUNITY RELATIONS FOR THE DEWITT COMMUNITY. TOTAL NUMBER OF COMMUNITY EVENTS WE PROMOTED GREW TO 815 COMMUNITY EVENTS WHICH WAS DISTRIBUTED TO OVER 2,000 SUBSCRIBERS TO OUR WEEKLY "WHAT'S HAPPENING IN DEWITT" E-NEWSLETTER, AND SHARED TO 5,000 FOLLOWERS ON SOCIAL MEDIA. THOUSANDS OF VISITORS BROCHURES AND COMMUNITY GUIDES WERE DISTRIBUTED TO RESIDENTS, EMPLOYEES AND VISITORS. A NEW HOLIDAY DECOR CAMPAIGN WAS LAUNCHED, "LIGHT UP DEWITT", WHICH RAISED NEARLY 9,000 TOWARDS THE GOAL OF PURCHASING NEW DOWNTOWN HOLIDAY LIGHTS AND DECOR. A "WELCOME TO DEWITT" PROGRAM FOR NEW RESIDENTS AND EMPLOYEES CONTINUES TO BE OFFERED TO NEW RESIDENTS. THE PROGRAM WAS EXTENDED TO POTENTIAL EMPLOYEES TO BETTER SUPPORT OUR EXISTING BUSINESSES AS THEY WORK TO ATTRACT A HIGH QUALITY WORK FORCE. THE DCDC PARTNERS WITH THE EASTERN IOWA TOURISM, VISIT QUAD CITIES, AND OTHER REGIONAL CHAMBERS TO PROMOTE COMMUNITY ATTRACTIONS AND BUSINESSES TO VISITORS. THE DCDC WEBSITE, DEWITTIOWA.ORG, CONTINUES TO BE THE PRIMARY DEWITT COMMUNITY WEBSITE WITH 235,369 PAGE CLICKS. A LOCAL JOB POSTING FUNCTION OF THE WEBSITE IS PROMOTED AND SUCCESSFULLY UTILIZED WITH 21,367 WEBSITE PAGE VIEWS LAST YEAR. SEVERAL COMMUNITY EVENTS WERE COORDINATED BY THE DCDC INCLUDING SUMMER MOVIES IN THE PARK, AUTUMN FEST, SANTA VISITS, A HOMETOWN CHRISTMAS WEEKEND AND COMMUNITY WINE WALK AND, NEW LAST YEAR, A WEEKLY TUNES IN TOWN CONCERT SERIES THAT FILLS OUR COMMUNITY PARK WITH 1,000+ PEOPLE ON ITS BUSIEST TUESDAY NIGHTS FROM JUNE-AUGUST.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt051172
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SUPPORT EXISTING BUSINESSES, ATTRACT NEW BUSINESS,AND ASSIST IN ENHANCING THE QUALITY OF LIFE FOR OUR COMMUNITY.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0VARIOUS 76,928
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0232645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0195283
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID PUBLIC SUPPORT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL TAXES PAYABLE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DCDC IS INVOLVED IN SUPPORTING EXISTING BUSINESSES AND RECRUITING NEW BUSINESSES TO THE DEWITT AREA. THE DCDC PARTNERS WITH THREE REGIONAL ECONOMIC DEVELOPMENT ENTITIES, GROW CLINTON, QUAD CITIES CHAMBER, AND PROSPERITY EASTERN IOWA, AND THE STATE OF IOWA TO RECRUIT NEW BUSINESS TO THE CROSSROADS BUSINESS PARK AND COMMUNITY AT LARGE. THE DCDC RESPONDS TO PROSPECTIVE BUSINESS INQUIRIES REGARDING EXPANSION OF OPPORTUNITIES IN OUR COMMUNITY. OUR STAFF PARTNERS AND LEADS COMMUNITY WORKFORCE DEVELOPMENT INITIATIVES WITH BUSINESSES, COMMUNITY COLLEGES AND HIGH SCHOOLS IN OUR REGION; INCLUDING ROUNDTABLE DISCUSSIONS, MOCK INTERVIEWS, JOB SHADOWS AND INTERNSHIPS AND A SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) FESTIVAL. THE DCDC CONTINUE CONVERSATIONS WITH OUR AREA COMMUNITY COLLEGE TO EXPAND SERVICES TO OUR COMMUNITY WHICH ENCOURAGED THE DEVELOPMENT OF THE NEW CAREER ADVANCEMENT CENTER IN DEWITT. 38,730 OF CHAMBER BUCKS GIFT CHECKS WERE PURCHASED BY THE COMMUNITY. THIS DOLLAR FOR DOLLAR PROGRAM KEEPS SPENDING LOCAL. A LOOK LOCAL FIRST INITIATIVE WAS ALSO MAINTAINED, ENCOURAGING RESIDENTS, EMPLOYEES AND VISITORS TO PURCHASE GOODS AND SERVICES IN THE COMMUNITY. TO DATE THE LLF PROGRAM HAS TRACKED 4.93 MILLION DOLLARS IN LOCAL PURCHASES. THE DCDC LEADS THE COMMUNITY IN SHARING GENERAL AND ORGANIZATION SPECIFIC INFORMATION REGARDING FEDERAL AND STATE INITIATIVES WITH AREA BUSINESSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DCDC PROMOTES MEMBER BUSINESS DEVELOPMENT. MEMBERSHIP INCLUDES 243 MEMBER BUSINESSES. WE CONTINUE TO OFFER A DUES STRUCTURE THAT ALLOWS MEMBERS TO CHOOSE THE TIER OF MEMBERSHIP THEY CAN AFFORD AND WHAT THEY WOULD BENEFIT FROM. THE DCDC AMBASSADORS WELCOMED 8 NEW BUSINESS TO DEWITT AND CELEBRATED 5 SPOTLIGHT ON SUCCESSSES FOR EXISTING BUSINESS GROWTH AND PARTICIPATED IN 4 GROUND BREAKINGS. WE RECOGNIZED OUR OUTSTANDING MEMBERS IN OUR "MEMBERS CHOICE AWARDS" THAT ALLOWS MEMBERS AND THE COMMUNITY TO CAST THEIR VOTE IN DIFFERENT CATEGORIES OF BUSINESS EXCELLENCE AND PERSONAL COMMUNITY VOLUNTEERISM. MEMBERSHIP AFTER HOURS EVENTS WERE HELD PROMOTING NETWORKING BETWEEN PROSPECTIVE AND ACTIVE MEMBERS ON A MONTHLY BASIS. NEW MEMBER PACKETS ARE DISTRIBUTED AND QUARTERLY DCDC 101 INFORMATION SESSIONS ARE HELD FOR NEW MEMBER COMPANY REPRESENTATIVES. THE ANNUAL GOLF BASH FUNDRAISER WAS HELD RAISING NEARLY 11,000 TO FUND DCDC INITIATIVES. THE DCDC NEWSLETTER "CHAMBER LINK" IS SENT TO OVER 697 PEOPLE ON A QUARTERLY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DCDC WORKS TO IMPROVE BRANDING AND COMMUNITY RELATIONS FOR THE DEWITT COMMUNITY. TOTAL NUMBER OF COMMUNITY EVENTS WE PROMOTED GREW TO 815 COMMUNITY EVENTS WHICH WAS DISTRIBUTED TO OVER 2,000 SUBSCRIBERS TO OUR WEEKLY "WHAT'S HAPPENING IN DEWITT" E-NEWSLETTER, AND SHARED TO 5,000 FOLLOWERS ON SOCIAL MEDIA. THOUSANDS OF VISITORS BROCHURES AND COMMUNITY GUIDES WERE DISTRIBUTED TO RESIDENTS, EMPLOYEES AND VISITORS. A NEW HOLIDAY DECOR CAMPAIGN WAS LAUNCHED, "LIGHT UP DEWITT", WHICH RAISED NEARLY 9,000 TOWARDS THE GOAL OF PURCHASING NEW DOWNTOWN HOLIDAY LIGHTS AND DECOR. A "WELCOME TO DEWITT" PROGRAM FOR NEW RESIDENTS AND EMPLOYEES CONTINUES TO BE OFFERED TO NEW RESIDENTS. THE PROGRAM WAS EXTENDED TO POTENTIAL EMPLOYEES TO BETTER SUPPORT OUR EXISTING BUSINESSES AS THEY WORK TO ATTRACT A HIGH QUALITY WORK FORCE. THE DCDC PARTNERS WITH THE EASTERN IOWA TOURISM, VISIT QUAD CITIES, AND OTHER REGIONAL CHAMBERS TO PROMOTE COMMUNITY ATTRACTIONS AND BUSINESSES TO VISITORS. THE DCDC WEBSITE, DEWITTIOWA.ORG, CONTINUES TO BE THE PRIMARY DEWITT COMMUNITY WEBSITE WITH 235,369 PAGE CLICKS. A LOCAL JOB POSTING FUNCTION OF THE WEBSITE IS PROMOTED AND SUCCESSFULLY UTILIZED WITH 21,367 WEBSITE PAGE VIEWS LAST YEAR. SEVERAL COMMUNITY EVENTS WERE COORDINATED BY THE DCDC INCLUDING SUMMER MOVIES IN THE PARK, AUTUMN FEST, SANTA VISITS, A HOMETOWN CHRISTMAS WEEKEND AND COMMUNITY WINE WALK AND, NEW LAST YEAR, A WEEKLY TUNES IN TOWN CONCERT SERIES THAT FILLS OUR COMMUNITY PARK WITH 1,000+ PEOPLE ON ITS BUSIEST TUESDAY NIGHTS FROM JUNE-AUGUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPORT EXISTING BUSINESSES, ATTRACT NEW BUSINESS,AND ASSIST IN ENHANCING THE QUALITY OF LIFE FOR OUR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE DIRECTORS MUST SIGN AN ANNUAL CONFIDENTIALITY STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE EXECUTIVE COMMITTEE LEADS THE ANNUAL REVIEW OF THE PRESIDENT AND CEO. THEY SOLICIT FEEDBACK FROM ALL BOARD MEMBERS PRIOR TO THE REVIEW. THE EC MEMBERS THEN COMPLETE A WRITTEN REVIEW AND HAVE THE PRESIDENT AND CEO COMPLETE A SELF ASSESSMENT OF THE PAST YEAR AND FUTURE GOALS. COMPENSATION CHANGES ARE ADDRESSED DURING THE REVIEW. THE EXECUTIVE COMMITTEE APPROVES AND THEN RECOMMENDS THE REVIEW TO THE BOARD OF DIRECTORS, WHOM THEN APPROVE THE COMPENSATION CHANGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST AT THE DEWITT DEVELOPMENT COMPANY OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CROSSROADS UNLIMITED CO

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.04$0.16$0.87$0.51$0.31$0.20
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.18$0.67$0.32$0.30$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.15$0.66$0.24$0.26$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.12$0.68$0.27$0.24$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.87$0.22$0.65$0.30$0.21$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.29$0.55$0.26$0.20$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.78$0.28$0.49$0.22$0.19$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.75$0.28$0.47$0.22$0.20$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.27$0.44$0.21$0.21$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.29$0.45$0.20$0.18$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.26$0.44$0.19$0.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.25$0.41$0.04$0.19$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.26$0.57$0.16
2012Summary only. Only limited summary data is available for this year.$0.53$0.23$0.30$0.11$0.16$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.23$0.36$0.11