Civic Intelligence

Waukon Economic Development Corp

EIN 42-1352802 • 501(c)3 • Waukon, IA

Profile

The waukon economic development corporation (wedc) is a non-profit corporation organized to initiate and support development efforts that will serve to improve and further develop the economy of waukon, iowa. Wedc will focus its efforts on activities that serve to create new employment opportunities and act as a catalyst to spearhead community development projects.

101 West Main StWaukon, IA 52172

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

60th percentile

3.6%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

94th percentile

138%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$405,562

Up $14,217 (+3.6%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$405,562

Up $14,217 (+3.6%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin92nd percentile

Revenue

Up

$23,764

Up $13,795 (+138%) from 2024

Expenses

Down

$9,547

Down $8,383 (-47%) from 2024

Net Income

Up

$14,217

Up $22,178 (+279%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $317,960Liabilities 2011: $3,635Net Assets 2011: $314,3252011Assets 2012: $327,388Liabilities 2012: $3,635Net Assets 2012: $323,7532012Assets 2013: $333,568Liabilities 2013: $3,635Net Assets 2013: $329,9332013Assets 2014: $524,804Liabilities 2014: $198,934Net Assets 2014: $325,8702014Assets 2015: $563,452Liabilities 2015: $279,815Net Assets 2015: $283,6372015Assets 2016: $579,424Liabilities 2016: $288,928Net Assets 2016: $290,4962016Assets 2017: $519,659Liabilities 2017: $169,680Net Assets 2017: $349,9792017Assets 2018: $607,468Liabilities 2018: $256,578Net Assets 2018: $350,8902018Assets 2019: $569,073Liabilities 2019: $99,892Net Assets 2019: $469,1812019Assets 2020: $512,731Liabilities 2020: $124,708Net Assets 2020: $388,0232020Assets 2021: $493,603Liabilities 2021: $104,674Net Assets 2021: $388,9292021Assets 2022: $384,236Liabilities 2022: $0Net Assets 2022: $384,2362022Assets 2023: $399,306Net Assets 2023: $399,3062023Assets 2024: $391,345Net Assets 2024: $391,3452024Assets 2025: $405,562Net Assets 2025: $405,5622025

Highlighted filing

2025

Assets$405,562
Liabilities-
Net Assets$405,562
Open 2025 Filing

Operations Trend

Revenue Growth94th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $71,722Expenses 2011: $142,774Net Income 2011: -$71,0522011Revenue 2012: $59,883Expenses 2012: $50,455Net Income 2012: $9,4282012Revenue 2013: $52,772Expenses 2013: $46,592Net Income 2013: $6,1802013Revenue 2014: $181,250Expenses 2014: $110,680Net Income 2014: $70,5702014Revenue 2015: $36,888Expenses 2015: $62,292Net Income 2015: -$25,4042015Revenue 2016: $42,043Expenses 2016: $35,184Net Income 2016: $6,8592016Revenue 2017: $152,218Expenses 2017: $92,735Net Income 2017: $59,4832017Revenue 2018: $190,867Expenses 2018: $189,956Net Income 2018: $9112018Revenue 2019: $193,508Expenses 2019: $75,217Net Income 2019: $118,2912019Revenue 2020: $77,423Expenses 2020: $158,581Net Income 2020: -$81,1582020Revenue 2021: $94,729Expenses 2021: $93,812Net Income 2021: $9172021Revenue 2022: $207,220Expenses 2022: $211,913Net Income 2022: -$4,6932022Revenue 2023: $48,964Expenses 2023: $33,894Net Income 2023: $15,0702023Revenue 2024: $9,969Expenses 2024: $17,930Net Income 2024: -$7,9612024Revenue 2025: $23,764Expenses 2025: $9,547Net Income 2025: $14,2172025

Highlighted filing

2025

Revenue$23,764
Expenses$9,547
Net Income$14,217
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$405,562
Liabilities
-
Net assets
$405,562
Revenue
$23,764
Expenses
$9,547
Net income
$14,217
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.06$4.06$0.24$0.10$0.14
2024Detailed filing. Detailed filing data is available for this year.$3.91$3.91$0.10$0.18$0.08
2023Detailed filing. Detailed filing data is available for this year.$3.99$3.99$0.49$0.34$0.15
2022Detailed filing. Detailed filing data is available for this year.$3.84$0.00$3.84$2.07$2.12$0.05
2021Detailed filing. Detailed filing data is available for this year.$4.94$1.05$3.89$0.95$0.94$0.01
2020Detailed filing. Detailed filing data is available for this year.$5.13$1.25$3.88$0.77$1.59$0.81
2019Detailed filing. Detailed filing data is available for this year.$5.69$1.00$4.69$1.94$0.75$1.18
2018Detailed filing. Detailed filing data is available for this year.$6.07$2.57$3.51$1.91$1.90$0.01
2017Detailed filing. Detailed filing data is available for this year.$5.20$1.70$3.50$1.52$0.93$0.59
2016Detailed filing. Detailed filing data is available for this year.$5.79$2.89$2.90$0.42$0.35$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.63$2.80$2.84$0.37$0.62$0.25
2014Detailed filing. Detailed filing data is available for this year.$5.25$1.99$3.26$1.81$1.11$0.71
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$0.04$3.30$0.53$0.47$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.27$0.04$3.24$0.60$0.50$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.04$3.14$0.72$1.43$0.71
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 13, 2025
Return Version
2024v5.0
Gross Receipts
$45,949
Mission and Program Overview

Mission

The waukon economic development corporation (wedc) is a non-profit corporation organized to initiate and support development efforts that will servce to improve and further develop the economy of waukon, iowa. Wedc will focus its efforts on activities that servce to create new employment opportunities and act as a catalyst to spearhead community development projects.

The waukon economic development corporation (wedc) is a non-profit corporation organized to initiate and support development efforts that will serve to improve and further develop the economy of waukon, iowa. Wedc will focus its efforts on activities that serve to create new employment opportunities and act as a catalyst to spearhead community development projects.

Program Services

DescriptionGrantsExpenses
PROMOTE COMMUNITY ACTIVITIES, AWARENESS, AND TOURISM WITH PUBLIC EVENTS.-$1,377
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DENNIS LYONSPresidentPT$0--
IRV FOSAAENTreasurer-$0--
HOWARD VAN RULERSecretary-$0--
GARY BODENRepresentati-$0--
JOHN LYDONRepresentati-$0--
JAY MATHISVice Preside-$0--
ARVID HATLANMayor-$0--
Filing and Contact Details

Filer

Filer Name
Waukon Economic Development Corp
EIN
42-1352802
Phone
5635682624
Address
101 WEST MAIN ST, WAUKON, IA 52172

Signing Officer

Name
Dennis Lyons
Title
President
Phone
5635682624
Signed
2025-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Hacker Nelson & Co Pc
Address
210 7TH AVE SE, WAUKON, IA 52172
Preparer
MICHELLE O'NEILL
Phone
5635684567
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Land rental taxes and licenses 1,283 expenses insurance 2,992 project expense 1,083 property taxes 294 total 5,652”

Form 990-ez, Part II, Line 24

“5,143 5,143 less accumulated depreciation 5,143 5,143 industrial site - hansmeier 83,452 83,452 park place improvements 122,542 104,571 total 205,994 188,023”

Form 990-ez, Part III

“The waukon economic development corporation (wedc) is a non-profit corporation organized to initiate and support development efforts that will serve to improve and further develop the economy of waukon, iowa. Wedc will focus its efforts on activities that serve to create new employment opportunities and act as a catalyst to spearhead community development projects.”

Raw XML Appendix150 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DENNIS LYONS
IRS990EZ/BooksInCareOfDetail/PhoneNum05635681740
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 WEST MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WAUKON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052172
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0185351
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0217539
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt07726
IRS990EZ/CostOrOtherBasisExpenseSaleAmt022185
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014217
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0895
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0391345
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0405562
IRS990EZ/GainOrLossFromSaleOfAssetsAmt013110
IRS990EZ/GrossReceiptsAmt045949
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02928
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0391345
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0405562
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0391345
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0405562
IRS990EZ/OccupancyRentUtltsAndMaintAmt03000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt54.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt64.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DENNIS LYONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1IRV FOSAAEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HOWARD VAN RULER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GARY BODEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN LYDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JAY MATHIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ARVID HATLAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3REPRESENTATI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4REPRESENTATI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MAYOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0205994
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0188023
IRS990EZ/OtherExpensesTotalAmt05652
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE WAUKON ECONOMIC DEVELOPMENT CORPORATION (WEDC) IS A NON-PROFIT CORPORATION ORGANIZED TO INITIATE AND SUPPORT DEVELOPMENT EFFORTS THAT WILL SERVE TO IMPROVE AND FURTHER DEVELOP THE ECONOMY OF WAUKON, IOWA. WEDC WILL FOCUS ITS EFFORTS ON ACTIVITIES THAT SERVE TO CREATE NEW EMPLOYMENT OPPORTUNITIES AND ACT AS A CATALYST TO SPEARHEAD COMMUNITY DEVELOPMENT PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE COMMUNITY ACTIVITIES, AWARENESS, AND TOURISM WITH PUBLIC EVENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01377
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt035295
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09547
IRS990EZ/TotalProgramServiceExpensesAmt01377
IRS990EZ/TotalRevenueAmt023764
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07726
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07064
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06160
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt077606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt093631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0192187
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02928
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02905
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02796
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03314
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03319
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015262
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92640
IRS990ScheduleA/PublicSupportPY170Pct00.94300
IRS990ScheduleA/PublicSupportTotal170Amt0192187
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07726
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07064
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt093631
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0192187
IRS990ScheduleA/TotalSupportAmt0207449
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LAND RENTAL TAXES AND LICENSES 1,283 EXPENSES INSURANCE 2,992 PROJECT EXPENSE 1,083 PROPERTY TAXES 294 TOTAL 5,652
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15,143 5,143 LESS ACCUMULATED DEPRECIATION 5,143 5,143 INDUSTRIAL SITE - HANSMEIER 83,452 83,452 PARK PLACE IMPROVEMENTS 122,542 104,571 TOTAL 205,994 188,023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE WAUKON ECONOMIC DEVELOPMENT CORPORATION (WEDC) IS A NON-PROFIT CORPORATION ORGANIZED TO INITIATE AND SUPPORT DEVELOPMENT EFFORTS THAT WILL SERVE TO IMPROVE AND FURTHER DEVELOP THE ECONOMY OF WAUKON, IOWA. WEDC WILL FOCUS ITS EFFORTS ON ACTIVITIES THAT SERVE TO CREATE NEW EMPLOYMENT OPPORTUNITIES AND ACT AS A CATALYST TO SPEARHEAD COMMUNITY DEVELOPMENT PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS LYONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05635682624
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAUKON ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0WAUK
ReturnHeader/Filer/EIN0421352802
ReturnHeader/Filer/PhoneNum05635682624
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 WEST MAIN ST
ReturnHeader/Filer/USAddress/CityNm0WAUKON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052172
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421040336
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HACKER NELSON & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 7TH AVE SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAUKON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052172
ReturnHeader/PreparerPersonGrp/PhoneNum05635684567
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE O'NEILL
ReturnHeader/ReturnTs02025-11-14T14:26:48-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.