Civic Intelligence

Dewitt Chamber & Development Co

990 • Fiscal year 2021 • EIN 42-1342254

Jun 01, 2020 to May 31, 2021 • Filed on Apr 14, 2022

1010 6th AvenueDewitt, IA 52742

(563) 659-8508

Siviq Scores

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

Liabilities / Assets

77th percentile

0.25x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

88th percentile

0.73x

Higher debt load relative to revenue than 88% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

74th percentile

31%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

82nd percentile

$81,950

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 27.1% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

36th percentile

2.9%

Faster asset growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

51st percentile

15%

Faster revenue growth than 51% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$867,364

Up $24,793 (+2.9%) from 2020

Net Assets

Up

$646,279

Up $93,633 (+17%) from 2020

Liabilities

Down

$221,085

Down $68,840 (-24%) from 2020

Revenue

Up

$302,612

Up $38,552 (+15%) from 2020

Expenses

Up

$208,979

Up $4,845 (+2.4%) from 2020

Net Income

Up

$93,633

Up $33,707 (+56%) from 2020

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

2021

Assets$867,364
Liabilities$221,085
Net Assets$646,279

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

2021

Revenue$302,612
Expenses$208,979
Net Income$93,633
Jump To
Filing Snapshot
Filing Period
Jun 1, 2020 to May 31, 2021
Signed
Apr 14, 2022
Return Version
2020v4.0
Gross Receipts
$373,664
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$552,646$646,279▲ $93,633
Savings and Temporary Cash Investments$436,087$560,338▲ $124,251
Inventories for Sale or Use$316,472$246,264▼ $70,208
Investments in Publicly Traded Securities$39,950$39,950→ $0
Other Notes and Loans Receivable, Net$43,450$15,000▼ $28,450
Prepaid Expenses and Deferred Charges$2,850$2,850→ $0
Cash and Non-Interest-Bearing Accounts$2,347$2,259▼ $88
Land, Buildings, and Equipment, Net$1,415$703▼ $712
Total Assets$842,571$867,364▲ $24,793
Liabilities
Other Liabilities$222,952$171,777▼ $51,175
Accounts Payable and Accrued Expenses$66,973$49,308▼ $17,665
Total Liabilities$289,925$221,085▼ $68,840
Net Assets / Fund Balance
Total Net Assets Fund Balance$552,646$646,279▲ $93,633
Total Liabilities and Net Assets / Fund Balance$842,571$867,364▲ $24,793
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Angela RheingansBoard Sec/exFT$81,950$81,950

Board Members and Trustees

NameTitle
Kim BrodersChair
Leo McgarryChair
Dan PetersonVice Chair
Bridget MillerDirector
Connor MurphyDirector
Josh DanielDirector
Kerri HannahDirector
Kevin JansenDirector
Lisa DuffyDirector
Paula StewardDirector
Ted PapugaDirector
Wayne StuedemannDirector
Don ThiltgenExec Board
Steve LindnerExec Board
Gary ChronesCity Council
Luanne SmithCity Council
Greg GannonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$252,178
Program Service Revenue
$30,125
Investment Income
$17,481
Other Revenue
$2,828
All Other Contributions
$74,750
Change in Net Assets
$93,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$162,628
Other Expenses$46,351
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,985$115,990-$146,975
Payroll Taxes-$11,244-$11,244
All Other Expenses$939$8,316-$9,255
Conferences and Meetings-$5,748-$5,748
Pension Plan Contributions-$4,409-$4,409
Advertising$4,050--$4,050
Insurance-$3,989-$3,989
Other Expenses-$2,535-$2,535
Interest-$2,333-$2,333
Fees for Services Accounting-$1,985-$1,985
Travel-$1,814-$1,814
Office Expenses-$1,501-$1,501
Occupancy-$892-$892
Depreciation Depletion-$712-$712
Total Functional Expenses$35,974$173,005$0$208,979
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$123,171
Chamber Dollars Outstanding$26,214
Prepaid Public Support$17,028
Payroll Taxes Payable$4,279
Prepaid Dues$1,085
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 executive director. They solicit feedback from all board members prior to the review. The ec nenbers then complete a written review and have the ed complete a self assessment of the past year and future goals. Compensation changes are addressed during the review. The executive committee approves and then recomends the review to the board of directors, whom then approve the comensation 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
2022-04-14

Organization Details

Principal Officer
Kim Broders
Voting Board Members
16
Independent Board Members
16
Employees
3

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 partnered with the small business center to provide free couseling for businessowners, 31 participated. 37,800 of chamber bucks were sold, keeping spending dollars in dewitt. A look local first initiative was maintained, designed to encourage residents, employees and visitors to purchase goods and services in the community. To date the llf program has tracked 3.87 million dollars in purchases. The dcdc partners with three economic development entities, clinton regional development corporation, quad cities chamber, and prosperity eastern iowa. Our staff partners and leads community workforce development initiatives with business and educational institutions in our region; including hands on activities,which provided 1,000+ area students with career exposure opportunities. The dcdc responds to prospective business inquires regarding expansion opportunities in our community. The dcdc lead the community in sharing general and organizaion specific information regarding covid with area businesses, offering numerous webinars and community support initiatives.

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

The dcdc promotes member development. Membership includes 231 member businesses. Membership dues structure did not change. We continue to offer a dues structure that allows members to choose what level of membership they prefer. The dcdc ambassadors welcomed 9 new business to dewitt and celebrated 9 spotlight on successses for existing business growth. 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. Monthly networking events and quarterly lunch and learn meetings are held. New member packets are distributed and quarterly dcdc 101 information sessions are held for new members and contacts. The annual golf bash fundraiser was held. The dcdc newsletter is sent to over 800 people on a monthly 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 943 community events which was distributed to thousands of subscribers to our weekly "what's happening in dewitt" e-newsletter. Thousands of visitors brochures and commuinity guides were distributed to residents, employees and visitors. Community banners and holiday decorations are hung along two primary streets. A "welcome to dewitt" program for new residents and employees continues to be offered. The dcdc partners with the eastern iowa tourism association and visit quad cities to assist in promoting community attractions and businesses to visitors. The dcdc website, dewittiowa.org, continues to be the primary dewitt community website. It had over 27,500 page views. A dewitt delivers community blog, www.dewittdelivers.com,and a weekly email, "what's happening in dewitt" goes to 2,000+ people. A local job posting ability is promoted and successfully used, nearly doubling over last year to 12,196+ website views in the past year. Several community events were coordinated by the dcdc including autumn fest, virtual santa visits, a santa drive around greeting and a hometown christmas weekend that was planned but cancelled at the last minuite. We also led the community effort to host ragbrai as an overnight community.

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

.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXEC BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CITY COUNCIL
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXEC BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE DCDC PROMOTES MEMBER DEVELOPMENT. MEMBERSHIP INCLUDES 231 MEMBER BUSINESSES. MEMBERSHIP DUES STRUCTURE DID NOT CHANGE. WE CONTINUE TO OFFER A DUES STRUCTURE THAT ALLOWS MEMBERS TO CHOOSE WHAT LEVEL OF MEMBERSHIP THEY PREFER. THE DCDC AMBASSADORS WELCOMED 9 NEW BUSINESS TO DEWITT AND CELEBRATED 9 SPOTLIGHT ON SUCCESSSES FOR EXISTING BUSINESS GROWTH. 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. MONTHLY NETWORKING EVENTS AND QUARTERLY LUNCH AND LEARN MEETINGS ARE HELD. NEW MEMBER PACKETS ARE DISTRIBUTED AND QUARTERLY DCDC 101 INFORMATION SESSIONS ARE HELD FOR NEW MEMBERS AND CONTACTS. THE ANNUAL GOLF BASH FUNDRAISER WAS HELD. THE DCDC NEWSLETTER IS SENT TO OVER 800 PEOPLE ON A MONTHLY 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 943 COMMUNITY EVENTS WHICH WAS DISTRIBUTED TO THOUSANDS OF SUBSCRIBERS TO OUR WEEKLY "WHAT'S HAPPENING IN DEWITT" E-NEWSLETTER. THOUSANDS OF VISITORS BROCHURES AND COMMUINITY GUIDES WERE DISTRIBUTED TO RESIDENTS, EMPLOYEES AND VISITORS. COMMUNITY BANNERS AND HOLIDAY DECORATIONS ARE HUNG ALONG TWO PRIMARY STREETS. A "WELCOME TO DEWITT" PROGRAM FOR NEW RESIDENTS AND EMPLOYEES CONTINUES TO BE OFFERED. THE DCDC PARTNERS WITH THE EASTERN IOWA TOURISM ASSOCIATION AND VISIT QUAD CITIES TO ASSIST IN PROMOTING COMMUNITY ATTRACTIONS AND BUSINESSES TO VISITORS. THE DCDC WEBSITE, DEWITTIOWA.ORG, CONTINUES TO BE THE PRIMARY DEWITT COMMUNITY WEBSITE. IT HAD OVER 27,500 PAGE VIEWS. A DEWITT DELIVERS COMMUNITY BLOG, WWW.DEWITTDELIVERS.COM,AND A WEEKLY EMAIL, "WHAT'S HAPPENING IN DEWITT" GOES TO 2,000+ PEOPLE. A LOCAL JOB POSTING ABILITY IS PROMOTED AND SUCCESSFULLY USED, NEARLY DOUBLING OVER LAST YEAR TO 12,196+ WEBSITE VIEWS IN THE PAST YEAR. SEVERAL COMMUNITY EVENTS WERE COORDINATED BY THE DCDC INCLUDING AUTUMN FEST, VIRTUAL SANTA VISITS, A SANTA DRIVE AROUND GREETING AND A HOMETOWN CHRISTMAS WEEKEND THAT WAS PLANNED BUT CANCELLED AT THE LAST MINUITE. WE ALSO LED THE COMMUNITY EFFORT TO HOST RAGBRAI AS AN OVERNIGHT COMMUNITY.
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IRS990/PYOtherRevenueAmt07203
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IRS990/PYRevenuesLessExpensesAmt060836
IRS990/PYSalariesCompEmpBnftPaidAmt0154905
IRS990/PYTotalExpensesAmt0204134
IRS990/PYTotalRevenueAmt0264970
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0436087
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0560338
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0VARIOUS 18,550
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0252178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0232645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0195283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0198356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0192890
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01071352
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0533
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03890
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02353
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02075
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012955
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0113345
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06293
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01378
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07117
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0934
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41085
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CITY OF DEWITT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CHAMBER DOLLARS OUTSTANDING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID PUBLIC SUPPORT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PREPAID DUES
IRS990ScheduleD/TotalLiabilityAmt0171777
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IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DCDC IS INVOLVED IN SUPPORTING EXISTING BUSINESSES AND RECRUITING NEW BUSINESSES TO THE DEWITT AREA. THE DCDC PARTNERED WITH THE SMALL BUSINESS CENTER TO PROVIDE FREE COUSELING FOR BUSINESSOWNERS, 31 PARTICIPATED. 37,800 OF CHAMBER BUCKS WERE SOLD, KEEPING SPENDING DOLLARS IN DEWITT. A LOOK LOCAL FIRST INITIATIVE WAS MAINTAINED, DESIGNED TO ENCOURAGE RESIDENTS, EMPLOYEES AND VISITORS TO PURCHASE GOODS AND SERVICES IN THE COMMUNITY. TO DATE THE LLF PROGRAM HAS TRACKED 3.87 MILLION DOLLARS IN PURCHASES. THE DCDC PARTNERS WITH THREE ECONOMIC DEVELOPMENT ENTITIES, CLINTON REGIONAL DEVELOPMENT CORPORATION, QUAD CITIES CHAMBER, AND PROSPERITY EASTERN IOWA. OUR STAFF PARTNERS AND LEADS COMMUNITY WORKFORCE DEVELOPMENT INITIATIVES WITH BUSINESS AND EDUCATIONAL INSTITUTIONS IN OUR REGION; INCLUDING HANDS ON ACTIVITIES,WHICH PROVIDED 1,000+ AREA STUDENTS WITH CAREER EXPOSURE OPPORTUNITIES. THE DCDC RESPONDS TO PROSPECTIVE BUSINESS INQUIRES REGARDING EXPANSION OPPORTUNITIES IN OUR COMMUNITY. THE DCDC LEAD THE COMMUNITY IN SHARING GENERAL AND ORGANIZAION SPECIFIC INFORMATION REGARDING COVID WITH AREA BUSINESSES, OFFERING NUMEROUS WEBINARS AND COMMUNITY SUPPORT INITIATIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DCDC PROMOTES MEMBER DEVELOPMENT. MEMBERSHIP INCLUDES 231 MEMBER BUSINESSES. MEMBERSHIP DUES STRUCTURE DID NOT CHANGE. WE CONTINUE TO OFFER A DUES STRUCTURE THAT ALLOWS MEMBERS TO CHOOSE WHAT LEVEL OF MEMBERSHIP THEY PREFER. THE DCDC AMBASSADORS WELCOMED 9 NEW BUSINESS TO DEWITT AND CELEBRATED 9 SPOTLIGHT ON SUCCESSSES FOR EXISTING BUSINESS GROWTH. 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. MONTHLY NETWORKING EVENTS AND QUARTERLY LUNCH AND LEARN MEETINGS ARE HELD. NEW MEMBER PACKETS ARE DISTRIBUTED AND QUARTERLY DCDC 101 INFORMATION SESSIONS ARE HELD FOR NEW MEMBERS AND CONTACTS. THE ANNUAL GOLF BASH FUNDRAISER WAS HELD. THE DCDC NEWSLETTER IS SENT TO OVER 800 PEOPLE ON A MONTHLY 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 943 COMMUNITY EVENTS WHICH WAS DISTRIBUTED TO THOUSANDS OF SUBSCRIBERS TO OUR WEEKLY "WHAT'S HAPPENING IN DEWITT" E-NEWSLETTER. THOUSANDS OF VISITORS BROCHURES AND COMMUINITY GUIDES WERE DISTRIBUTED TO RESIDENTS, EMPLOYEES AND VISITORS. COMMUNITY BANNERS AND HOLIDAY DECORATIONS ARE HUNG ALONG TWO PRIMARY STREETS. A "WELCOME TO DEWITT" PROGRAM FOR NEW RESIDENTS AND EMPLOYEES CONTINUES TO BE OFFERED. THE DCDC PARTNERS WITH THE EASTERN IOWA TOURISM ASSOCIATION AND VISIT QUAD CITIES TO ASSIST IN PROMOTING COMMUNITY ATTRACTIONS AND BUSINESSES TO VISITORS. THE DCDC WEBSITE, DEWITTIOWA.ORG, CONTINUES TO BE THE PRIMARY DEWITT COMMUNITY WEBSITE. IT HAD OVER 27,500 PAGE VIEWS. A DEWITT DELIVERS COMMUNITY BLOG, WWW.DEWITTDELIVERS.COM,AND A WEEKLY EMAIL, "WHAT'S HAPPENING IN DEWITT" GOES TO 2,000+ PEOPLE. A LOCAL JOB POSTING ABILITY IS PROMOTED AND SUCCESSFULLY USED, NEARLY DOUBLING OVER LAST YEAR TO 12,196+ WEBSITE VIEWS IN THE PAST YEAR. SEVERAL COMMUNITY EVENTS WERE COORDINATED BY THE DCDC INCLUDING AUTUMN FEST, VIRTUAL SANTA VISITS, A SANTA DRIVE AROUND GREETING AND A HOMETOWN CHRISTMAS WEEKEND THAT WAS PLANNED BUT CANCELLED AT THE LAST MINUITE. WE ALSO LED THE COMMUNITY EFFORT TO HOST RAGBRAI AS AN OVERNIGHT COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3.
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 EXECUTIVE DIRECTOR. THEY SOLICIT FEEDBACK FROM ALL BOARD MEMBERS PRIOR TO THE REVIEW. THE EC NENBERS THEN COMPLETE A WRITTEN REVIEW AND HAVE THE ED COMPLETE A SELF ASSESSMENT OF THE PAST YEAR AND FUTURE GOALS. COMPENSATION CHANGES ARE ADDRESSED DURING THE REVIEW. THE EXECUTIVE COMMITTEE APPROVES AND THEN RECOMENDS THE REVIEW TO THE BOARD OF DIRECTORS, WHOM THEN APPROVE THE COMENSATION 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
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0421319988
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORP

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