Civic Intelligence

Chariton Chamber & Devlp Charitable Fdn DBA Chariton Area Chambermain Street

990 • Fiscal year 2024 • EIN 42-1408149

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 12, 2024

104 N Grand St PO Box 735Chariton, IA 50049

(641) 774-4059

Siviq Scores

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

Liabilities / Assets

35th percentile

0.01x

Higher debt load relative to assets than 35% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.12x

Higher debt load relative to revenue than 58% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

18th percentile

-14%

Higher net margin than 18% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

46th percentile

$40,397

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 18.8% of source-year revenue.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

55th percentile

5.9%

Faster asset growth than 55% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-35%

Faster revenue growth than 8% of similar nonprofits.

2024 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,889,758

Up $104,531 (+5.9%) from 2023

Net Assets

Up

$1,863,097

Up $86,357 (+4.9%) from 2023

Liabilities

Up

$26,661

Up $18,174 (+214%) from 2023

Revenue

Down

$215,061

Down $116,672 (-35%) from 2023

Expenses

Down

$245,717

Down $71,932 (-23%) from 2023

Net Income

Down

-$30,656

Down $44,740 (-318%) from 2023

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,133,315Liabilities 2011: $900Net Assets 2011: $1,132,4152011Assets 2012: $1,197,641Liabilities 2012: $900Net Assets 2012: $1,196,7412012Assets 2013: $1,316,052Liabilities 2013: $10,499Net Assets 2013: $1,305,5532013Assets 2014: $1,385,765Liabilities 2014: $89,953Net Assets 2014: $1,295,8122014Assets 2015: $1,405,724Liabilities 2015: $102,436Net Assets 2015: $1,303,2882015Assets 2016: $1,410,650Liabilities 2016: $106,068Net Assets 2016: $1,304,5822016Assets 2017: $1,482,140Liabilities 2017: $200,462Net Assets 2017: $1,281,6782017Assets 2018: $1,469,849Liabilities 2018: $221,584Net Assets 2018: $1,248,2652018Assets 2019: $1,452,682Liabilities 2019: $250,068Net Assets 2019: $1,202,6142019Assets 2020: $1,471,861Liabilities 2020: $30,110Net Assets 2020: $1,441,7512020Assets 2021: $1,660,178Liabilities 2021: $5,880Net Assets 2021: $1,654,2982021Assets 2022: $1,532,927Liabilities 2022: $5,434Net Assets 2022: $1,527,4932022Assets 2023: $1,785,227Liabilities 2023: $8,487Net Assets 2023: $1,776,7402023Assets 2024: $1,889,758Liabilities 2024: $26,661Net Assets 2024: $1,863,0972024Assets 2025: $1,956,375Liabilities 2025: $1,360Net Assets 2025: $1,955,0152025

Highlighted filing

2024

Assets$1,889,758
Liabilities$26,661
Net Assets$1,863,097

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2011: $54,6462011Expenses 2012: $53,9442012Revenue 2013: $251,073Expenses 2013: $223,118Net Income 2013: $27,9552013Revenue 2014: $190,710Expenses 2014: $200,283Net Income 2014: -$9,5732014Revenue 2015: $158,655Expenses 2015: $145,099Net Income 2015: $13,5562015Revenue 2016: $172,415Expenses 2016: $169,762Net Income 2016: $2,6532016Revenue 2017: $171,315Expenses 2017: $195,704Net Income 2017: -$24,3892017Revenue 2018: $177,862Expenses 2018: $203,444Net Income 2018: -$25,5822018Revenue 2019: $96,070Expenses 2019: $146,813Net Income 2019: -$50,7432019Revenue 2020: $199,485Expenses 2020: $172,836Net Income 2020: $26,6492020Revenue 2021: $220,933Expenses 2021: $143,182Net Income 2021: $77,7512021Revenue 2022: $302,141Expenses 2022: $184,831Net Income 2022: $117,3102022Revenue 2023: $331,733Expenses 2023: $317,649Net Income 2023: $14,0842023Revenue 2024: $215,061Expenses 2024: $245,717Net Income 2024: -$30,6562024Revenue 2025: $285,922Expenses 2025: $314,701Net Income 2025: -$28,7792025

Highlighted filing

2024

Revenue$215,061
Expenses$245,717
Net Income-$30,656
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$367,919
Mission and Program Overview

Mission

Scholarship awards and operation of chariton main street program fostering economic development in the context of historic preservation

Scholarship awards and operation of chariton main street program fostering economic development through historic preservation and operation of county economic development program

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,776,740$1,863,097▲ $86,357
Investments in Publicly Traded Securities$1,345,527$1,447,691▲ $102,164
Cash and Non-Interest-Bearing Accounts$353,486$335,655▼ $17,831
Savings and Temporary Cash Investments$64,316$76,946▲ $12,630
Land, Buildings, and Equipment, Net$21,898$20,393▼ $1,505
Other Notes and Loans Receivable, Net-$9,073-
Total Assets$1,785,227$1,889,758▲ $104,531
Liabilities
Other Liabilities$8,487$13,434▲ $4,947
Unsecured Notes Loans Payable-$13,227-
Total Liabilities$8,487$26,661▲ $18,174
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,776,740$1,863,097▲ $86,357
Total Liabilities and Net Assets / Fund Balance$1,785,227$1,889,758▲ $104,531

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,393$45,229-
Other Land Buildings$0$3,344-
Land$9,000--
Equipment$0$24,779-
Compensation and Service Providers

Employees

NameTitleOtherTotal
Alicia McgeeDirector$40,397$40,397
Christopher WatkinsDirector$30,625$30,625
Mackenzie StitesDirector$657$657

Board Members and Trustees

NameTitle
Raymond MeyerPresident
Linda MillerVice President
Donise AltenhofenDirector
Hilary MastersDirector
Sue CurnutteDirector
Tracy TaylorDirector
Barbara VogelSecretary
Brandon SheltonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$205,029
Program Service Revenue
$34,938
Investment Income
$-10,779
Other Revenue
$-14,127
All Other Contributions
$164,029
Change in Net Assets
$-30,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$105,676
Other Expenses$77,541
Grants and Similar Amounts Paid$62,500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$69,043$23,015$0$92,058
Grants to Domestic Individuals$62,500--$62,500
Payroll Taxes$9,785$3,262$0$13,047
All Other Expenses$9,369$1,306$0$10,675
Office Expenses$0$10,597$0$10,597
Occupancy$0$6,343$0$6,343
Conferences and Meetings$5,594$0$0$5,594
Insurance$0$4,702$0$4,702
Information Technology$3,906$0$0$3,906
Other Expenses$2,979$0$0$2,979
Depreciation Depletion$0$1,505$0$1,505
Pension Plan Contributions$428$143$0$571
Advertising$451$0$0$451
Fees for Services Accounting$0$381$0$381
Total Functional Expenses$194,463$51,254$0$245,717
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
Payroll Taxes Payable$13,198
Ira Contribution Payable$236
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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
Filing and Contact Details

Filer

Filer Name
Chariton Chamber and Development Charitable Foundation
EIN
42-1408149
Phone
6417744059
Address
104 N GRAND ST PO BOX 735, CHARITON, IA 50049

Signing Officer

Name
Raymond C Meyer
Title
President
Phone
6417744059
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raymond C Meyer
Formed
1993
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
6
Employees
4
Volunteers
80

Preparer

Firm
Meyer & Lain
Address
106 North Grand St, Chariton, IA 50049
Preparer
Raymond C Meyer
Phone
6417742179
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 was distributed to the directors for review and comments prior to submission.

Pt VI, Line 12C

Article viii of the bylaws sets forth the organizations conflict of interest policy, which requires both an annual disclosure of any general conflict and disclosure of any conflict related to a specific transaction.

Pt VI, Line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request at the organizations principal office.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt016752
IRS990/OtherExpensesGrp/ProgramServicesAmt11973
IRS990/OtherExpensesGrp/ProgramServicesAmt211683
IRS990/OtherExpensesGrp/ProgramServicesAmt32979
IRS990/OtherExpensesGrp/TotalAmt016752
IRS990/OtherExpensesGrp/TotalAmt11973
IRS990/OtherExpensesGrp/TotalAmt211683
IRS990/OtherExpensesGrp/TotalAmt32979
IRS990/OtherLiabilitiesGrp/BOYAmt08487
IRS990/OtherLiabilitiesGrp/EOYAmt013434
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023015
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt069043
IRS990/OtherSalariesAndWagesGrp/TotalAmt092058
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09073
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03262
IRS990/PayrollTaxesGrp/ProgramServicesAmt09785
IRS990/PayrollTaxesGrp/TotalAmt013047
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0143
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0428
IRS990/PensionPlanContributionsGrp/TotalAmt0571
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RAYMOND C MEYER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2541300
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/BusinessCd4711300
IRS990/ProgramServiceRevenueGrp/Desc0PROMOTION
IRS990/ProgramServiceRevenueGrp/Desc1ORGANIZATION
IRS990/ProgramServiceRevenueGrp/Desc2DESIGN
IRS990/ProgramServiceRevenueGrp/Desc3ECONOMIC VITALITY
IRS990/ProgramServiceRevenueGrp/Desc4TOURISM
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt016112
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3405
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4355
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProgSrvcAccomActy2Grp/Desc0ADMINISTRATION AND OPERATION OF LOCAL MAIN STREET PROGRAM FOSTERING ECONOMIC DEVELOPMENT IN THE CONTEXT OF HISTORIC PRESERVATION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt097130
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt028142
IRS990/ProgSrvcAccomActy3Grp/Desc0OPERATION OF COUNTY ECONOMIC DEVELOPMENT PROGRAMS
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt034833
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0-43011
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0182256
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt072000
IRS990/PYInvestmentIncomeAmt073574
IRS990/PYOtherExpensesAmt0133454
IRS990/PYOtherRevenueAmt02161
IRS990/PYProgramServiceRevenueAmt073742
IRS990/PYRevenuesLessExpensesAmt014084
IRS990/PYSalariesCompEmpBnftPaidAmt0112195
IRS990/PYTotalExpensesAmt0317649
IRS990/PYTotalRevenueAmt0331733
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-30656
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-14127
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01776740
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01863097
IRS990/SavingsAndTempCashInvstGrp/BOYAmt064316
IRS990/SavingsAndTempCashInvstGrp/EOYAmt076946
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0205029
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0159185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0150952
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt041734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0632998
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt039299
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt051412
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt097740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt036161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt059040
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0283652
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69060
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.64510
IRS990ScheduleA/PublicSupportTotal170Amt0632998
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0205029
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0159185
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0150952
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt041734
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0632998
IRS990ScheduleA/TotalSupportAmt0916650
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt011393
IRS990ScheduleD/BuildingsGrp/DepreciationAmt045229
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt056622
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024779
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt024779
IRS990ScheduleD/LandGrp/BookValueAmt09000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt09000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03344
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt03344
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013198

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$0.29$0.31$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.89$0.03$1.86$0.22$0.25$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.79$0.01$1.78$0.33$0.32$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.53$0.01$1.53$0.30$0.18$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.66$0.01$1.65$0.22$0.14$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.47$0.03$1.44$0.20$0.17$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.45$0.25$1.20$0.10$0.15$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.47$0.22$1.25$0.18$0.20$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.48$0.20$1.28$0.17$0.20$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.41$0.11$1.30$0.17$0.17$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.10$1.30$0.16$0.15$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.39$0.09$1.30$0.19$0.20$0.01
2013Summary only. Only limited summary data is available for this year.$1.32$0.01$1.31$0.25$0.22$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.00$1.20$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.05