Civic Intelligence

Iowa Area Development Group LC

990 • Fiscal year 2024 • EIN 42-1432150

Jan 01, 2024 to Dec 31, 2024 • Filed on Jul 17, 2025

Organization ProfileWWW.IADG.COM

View Organization Page

2600 Grand Avenue 430Des Moines, IA 50312

(515) 223-4817

Siviq Scores

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

Liabilities / Assets

89th percentile

0.59x

Higher debt load relative to assets than 89% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

1.14x

Higher debt load relative to revenue than 96% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

28th percentile

-1.6%

Higher net margin than 28% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$358,451

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-24%

Faster revenue growth than 6% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$3,423,353

Up $436,929 (+15%) from 2023

Net Assets

Down

$1,388,211

Down $28,453 (-2.0%) from 2023

Liabilities

Up

$2,035,142

Up $465,382 (+30%) from 2023

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin28th percentile

Revenue

Down

$1,785,569

Down $555,911 (-24%) from 2023

Expenses

Down

$1,814,022

Down $113,542 (-5.9%) from 2023

Net Income

Down

-$28,453

Down $442,369 (-107%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2021: $2,642,463Liabilities 2021: $2,066,917Net Assets 2021: $575,5462021Assets 2022: $2,635,167Liabilities 2022: $1,632,419Net Assets 2022: $1,002,7482022Assets 2023: $2,986,424Liabilities 2023: $1,569,760Net Assets 2023: $1,416,6642023Assets 2024: $3,423,353Liabilities 2024: $2,035,142Net Assets 2024: $1,388,2112024

Highlighted filing

2024

Assets$3,423,353
Liabilities$2,035,142
Net Assets$1,388,211
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $1,385,856Expenses 2021: $1,452,639Net Income 2021: -$66,7832021Revenue 2022: $2,307,769Expenses 2022: $1,880,567Net Income 2022: $427,2022022Revenue 2023: $2,341,480Expenses 2023: $1,927,564Net Income 2023: $413,9162023Revenue 2024: $1,785,569Expenses 2024: $1,814,022Net Income 2024: -$28,4532024

Highlighted filing

2024

Revenue$1,785,569
Expenses$1,814,022
Net Income-$28,453
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,785,569
Mission and Program Overview

Mission

It is the mission of iowa area development group to advance business and community development projects and strategies in rural iowa on behalf of our utility members, economic development partners and the communities we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,416,664$1,388,211▼ $28,453
Savings and Temporary Cash Investments$1,075,624$1,175,184▲ $99,560
Cash and Non-Interest-Bearing Accounts$367,928$640,426▲ $272,498
Accounts Receivable$7,905$90,784▲ $82,879
Land, Buildings, and Equipment, Net$58,032$47,456▼ $10,576
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,986,424$3,423,353▲ $436,929
Other Assets Total$1,476,935$1,469,503▼ $7,432
Liabilities
Other Liabilities$1,469,030$1,673,408▲ $204,378
Deferred Revenue-$217,885-
Accounts Payable and Accrued Expenses$100,730$143,849▲ $43,119
Total Liabilities$1,569,760$2,035,142▲ $465,382
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,416,664$1,388,211▼ $28,453
Total Liabilities and Net Assets / Fund Balance$2,986,424$3,423,353▲ $436,929

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,472$128,638$160,110
Leasehold Improvements$15,984$50,942$66,926
Other Assets Org$648,884--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Bruce NuzumChief Executive OfficerFT$262,913$95,538$358,451
Bruce HansenVice President-bus. DeveloFT$147,545$69,844$217,389
Ethan Griffin PittVice President-community IFT$116,701$58,465$175,166
Brian TappVice President-added AgricFT$125,900$47,321$173,221
Steve BenneVice President-dev. FinanceFT$111,417$58,330$169,747
Suzanne WilhiteSr. Manager, Accounting & Human ResourcesFT$100,110$47,042$147,152

Board Members and Trustees

NameTitle
Douglas AeiltsBoard Chairman
Jacob OlberdingBoard Vice Chairman
David OnkenBoard Director
Norm MajorBoard Director
Ron SteinhoffBoard Director
Matt WashburnBoard Treasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,729,322
Investment Income
$56,247
Other Revenue
$0
Change in Net Assets
$-28,453
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,259,778
Other Expenses$554,244
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$764,476
Pension Plan Contributions---$269,126
Other Salaries and Wages---$153,333
All Other Expenses---$138,043
Payroll Taxes---$67,333
Occupancy---$58,059
Advertising---$37,881
Information Technology---$34,150
Other Expenses---$32,969
Conferences and Meetings---$15,363
Insurance---$13,513
Depreciation Depletion---$11,596
Office Expenses---$6,546
Other Employee Benefits---$5,510
Fees for Services Legal---$5,042
Travel---$2,152
Fees for Services Accounting---$1,350
Total Functional Expenses$0$0$0$1,814,022
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sep Advanced Funds$1,454,416
Advance Payments Received$218,992
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Matt washburn & ron steinhoff - business relationship douglas aeilts & norm major - business relationship jacob olberding & david onken - business relationship”

Form 990, Part VI, Section A, Line 6

“The organization is organized as a limited liability company.”

Form 990, Part VI, Section A, Line 7A

“The class a members of the organization are allowed two representatives on the organization's board of directors at all times.”

Form 990, Part VI, Section A, Line 7B

“Any modifications to the organization's operating agreement must be approved by members. Such action cannot be completed with just the organization's board of directors.”

Form 990, Part VI, Section A, Line 8B

“NOT APPLICABLE”

Form 990, Part VI, Section B, Line 11B

“The 990 will be shared and reviewed before filing by all iadg directors.”

Form 990, Part VI, Section B, Line 12C

“Policy reviewed annually when board members sign for the year.”

Form 990, Part VI, Section C, Line 18

“BY REQUEST.”

Form 990, Part VI, Section C, Line 19

“All policy and procedure is available upon request.”

Filing and Contact Details

Filer

Filer Name
Iowa Area Development Group Lc
EIN
42-1432150
Phone
5152234817
Address
2600 GRAND AVENUE 430, DES MOINES, IA 50312

Signing Officer

Name
Bruce Nuzum
Title
President/chief Executive Officer
Phone
5152234817
Signed
2025-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bruce Nuzum
Formed
1994
Legal Domicile
Ia
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
0

Preparer

Firm
Denman CPA Llp
Address
1601 22ND STREET SUITE 400, WEST DES MOINES, IA 50266-1453
Preparer
Thomas O Welchans
Phone
5152258400
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“Membership and number of board members changed due to exit of cipco at 12/31/23.”

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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt327749
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE TECHNICAL ASSISTANCE WHICH ALLOWS ACCESS TO LOAN, GRANT AND OTHER FINANCIAL PROGRAMS TO ASSIST ECONOMIC DEVELOPMENT EFFORTS ON BEHALF OF RURAL COMMUNITIES, BUSINESSES, AND MEMBER UTILITIES.
IRS990/ProgSrvcAccomActy3Grp/Desc0CONDUCT EDUCATIONAL, TRAINING EVENTS, AND RECOGNITION PROGRAMS TO BUILD LOCAL CAPACITY IN RURAL IOWA.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030049
IRS990/PYOtherExpensesAmt0675184
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02311431
IRS990/PYRevenuesLessExpensesAmt0413916
IRS990/PYSalariesCompEmpBnftPaidAmt01252380
IRS990/PYTotalExpensesAmt01927564
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02341480
IRS990/ReconcilationRevenueExpnssAmt0-28453
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01416664
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01388211
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01075624
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01175184
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt031472
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0128638
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0160110
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt015984
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt050942
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt066926
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0820619
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1648884
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RLF NOTES RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SEP MONEY MARKET
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01454416
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1218992
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SEP ADVANCED FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ADVANCE PAYMENTS RECEIVED
IRS990ScheduleD/TotalBookValueLandBuildingsAmt047456
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01469503
IRS990ScheduleD/TotalLiabilityAmt01673408
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IdemnificationGrossUpPmtsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0262913
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1116701
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2147545
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt3111417
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt4125900
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt074904
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt134428
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt243789
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt333639
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt436908
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt020634
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt124037
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt226055
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt324691
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt410413
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BRUCE NUZUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ETHAN GRIFFIN PITT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2BRUCE HANSEN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3STEVE BENNE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4BRIAN TAPP
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VICE PRESIDENT-COMMUNITY I
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2VICE PRESIDENT-BUS. DEVELO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VICE PRESIDENT-DEV. FINANCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4VICE PRESIDENT-ADDED AGRIC
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0358451
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1175166
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2217389
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt3169747
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt4173221
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt40
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0GIFT CARDS ARE PAID TO VARIOUS STAFF MEMBERS AND THEIR PAYROLL IS GROSSED UP TO REFLECT THE PAYMENT OF THE GIFT CARDS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP AND NUMBER OF BOARD MEMBERS CHANGED DUE TO EXIT OF CIPCO AT 12/31/23.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MATT WASHBURN & RON STEINHOFF - BUSINESS RELATIONSHIP DOUGLAS AEILTS & NORM MAJOR - BUSINESS RELATIONSHIP JACOB OLBERDING & DAVID ONKEN - BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION IS ORGANIZED AS A LIMITED LIABILITY COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CLASS A MEMBERS OF THE ORGANIZATION ARE ALLOWED TWO REPRESENTATIVES ON THE ORGANIZATION'S BOARD OF DIRECTORS AT ALL TIMES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY MODIFICATIONS TO THE ORGANIZATION'S OPERATING AGREEMENT MUST BE APPROVED BY MEMBERS. SUCH ACTION CANNOT BE COMPLETED WITH JUST THE ORGANIZATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NOT APPLICABLE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE 990 WILL BE SHARED AND REVIEWED BEFORE FILING BY ALL IADG DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7POLICY REVIEWED ANNUALLY WHEN BOARD MEMBERS SIGN FOR THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ALL POLICY AND PROCEDURE IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,423,353
Liabilities
$2,035,142
Net assets
$1,388,211
Revenue
$1,785,569
Expenses
$1,814,022
Net income
-$28,453
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.42$2.04$1.39$1.79$1.81$0.03
2023Summary only. Only limited summary data is available for this year.$2.99$1.57$1.42$2.34$1.93$0.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$1.63$1.00$2.31$1.88$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$2.07$0.58$1.39$1.45$0.07