Civic Intelligence

Grimes Area Chamber of Commerce DBA Grimes Chamber & Economic Developmen

990 • Fiscal year 2024 • EIN 42-1445531

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 05, 2025

Organization ProfileGRIMESIOWA.COM
404 SE 2nd Street 200Grimes, IA 50111

(515) 986-5770

Siviq Scores

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

Liabilities / Assets

66th percentile

0.15x

Higher debt load relative to assets than 66% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.09x

Higher debt load relative to revenue than 57% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

28th percentile

-3.3%

Higher net margin than 28% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$131,497

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 23.9% of source-year revenue.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

11th percentile

-17%

Faster asset growth than 11% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

0.5%

Faster revenue growth than 36% of similar nonprofits.

2024 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets66th percentile

Assets

Down

$325,890

Down $67,959 (-17%) from 2023

Net Assets

Down

$278,560

Down $17,871 (-6.0%) from 2023

Liabilities

Down

$47,330

Down $50,088 (-51%) from 2023

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin28th percentile

Revenue

Up

$549,466

Up $2,845 (+0.5%) from 2023

Expenses

Up

$567,337

Up $31,809 (+5.9%) from 2023

Net Income

Down

-$17,871

Down $28,964 (-261%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$400K$300K$200K$100K$0Assets 2010: $131,034Liabilities 2010: $21,703Net Assets 2010: $109,3312010Assets 2011: $123,689Liabilities 2011: $6,535Net Assets 2011: $117,1542011Assets 2012: $135,631Liabilities 2012: $11,282Net Assets 2012: $124,3492012Assets 2013: $180,290Liabilities 2013: $32,839Net Assets 2013: $147,4512013Assets 2014: $207,277Liabilities 2014: $19,539Net Assets 2014: $187,7382014Assets 2015: $239,503Liabilities 2015: $27,270Net Assets 2015: $212,2332015Assets 2016: $251,493Liabilities 2016: $32,618Net Assets 2016: $218,8752016Assets 2017: $259,343Liabilities 2017: $69,941Net Assets 2017: $189,4022017Assets 2018: $242,193Liabilities 2018: $58,357Net Assets 2018: $183,8362018Assets 2019: $240,823Liabilities 2019: $80,579Net Assets 2019: $160,2442019Assets 2020: $199,654Liabilities 2020: $20,194Net Assets 2020: $179,4602020Assets 2021: $307,119Liabilities 2021: $37,145Net Assets 2021: $269,9742021Assets 2022: $391,264Liabilities 2022: $105,926Net Assets 2022: $285,3382022Assets 2023: $393,849Liabilities 2023: $97,418Net Assets 2023: $296,4312023Assets 2024: $325,890Liabilities 2024: $47,330Net Assets 2024: $278,5602024Assets 2025: $318,690Liabilities 2025: $90,244Net Assets 2025: $228,4462025

Highlighted filing

2024

Assets$325,890
Liabilities$47,330
Net Assets$278,560
Open 2024 Filing

Operations Trend

Revenue Growth36th percentile

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

$600K$400K$200K$0-$200KRevenue 2010: $159,938Expenses 2010: $155,611Net Income 2010: $4,3272010Expenses 2011: $168,7692011Expenses 2012: $170,5922012Revenue 2013: $269,965Expenses 2013: $246,863Net Income 2013: $23,1022013Revenue 2014: $296,337Expenses 2014: $256,050Net Income 2014: $40,2872014Revenue 2015: $297,715Expenses 2015: $273,220Net Income 2015: $24,4952015Revenue 2016: $294,906Expenses 2016: $288,264Net Income 2016: $6,6422016Revenue 2017: $323,799Expenses 2017: $353,272Net Income 2017: -$29,4732017Revenue 2018: $361,565Expenses 2018: $367,131Net Income 2018: -$5,5662018Revenue 2019: $338,631Expenses 2019: $362,223Net Income 2019: -$23,5922019Revenue 2020: $331,681Expenses 2020: $312,465Net Income 2020: $19,2162020Revenue 2021: $468,792Expenses 2021: $378,278Net Income 2021: $90,5142021Revenue 2022: $470,930Expenses 2022: $455,566Net Income 2022: $15,3642022Revenue 2023: $546,621Expenses 2023: $535,528Net Income 2023: $11,0932023Revenue 2024: $549,466Expenses 2024: $567,337Net Income 2024: -$17,8712024Revenue 2025: $491,159Expenses 2025: $541,273Net Income 2025: -$50,1142025

Highlighted filing

2024

Revenue$549,466
Expenses$567,337
Net Income-$17,871
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 5, 2025
Return Version
2024v5.0
Gross Receipts
$549,466
Mission and Program Overview

Mission

To promote development of new business and to support and expand existing businesses in grimes, iowa.

To promote development of new business & support and expand existing businesses in grimes, iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$223,961$231,389▲ $7,428
Cash and Non-Interest-Bearing Accounts$159,439$71,155▼ $88,284
Accounts Receivable$1,200$17,098▲ $15,898
Land, Buildings, and Equipment, Net$9,250$6,248▼ $3,002
Total Assets$393,849$325,890▼ $67,959
Liabilities
Deferred Revenue$91,930$41,755▼ $50,175
Accounts Payable and Accrued Expenses$5,488$5,575▲ $87
Total Liabilities$97,418$47,330▼ $50,088
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$243,629$278,560▲ $34,931
Net Assets With Donor Restrictions$52,802$0▼ $52,802
Total Net Assets Fund Balance$296,431$278,560▼ $17,871
Total Liabilities and Net Assets / Fund Balance$393,849$325,890▼ $67,959

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,882$42,218$48,100
Other Land Buildings$366$23,913$24,279
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian BuethePresident and CEOFT$127,667$3,830$131,497

Board Members and Trustees

NameTitle
Adam BungeBoard Chair
Cyle TaylorPast Chair
Andy StoeckenVice Chair
Ben ButzkeDirector
Chris WatkinsDirector
Eric JohansenDirector
Erin HuiattDirector
Greg MeansDirector
Jake AndersonDirector
Joseph HerstDirector
Ryleah CrossDirector
Amanda ButlerSecretary
Julie QuandtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$68,798
Program Service Revenue
$473,240
Investment Income
$7,428
Other Revenue
$0
All Other Contributions
$68,798
Change in Net Assets
$-17,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$296,515
Other Expenses$268,822
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$130,400
Current Officers, Directors, Trustees, and Key Employees---$127,667
All Other Expenses---$30,659
Advertising---$20,380
Payroll Taxes---$19,824
Conferences and Meetings---$14,789
Other Employee Benefits---$12,923
Other Expenses---$11,945
Office Expenses---$10,132
Fees for Services Accounting---$7,425
Pension Plan Contributions---$5,701
Depreciation Depletion---$3,002
Insurance---$2,773
Grants to Domestic Orgs---$2,000
Travel---$1,691
Total Functional Expenses$0$0$0$567,337
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 6

“Line 6 explanation - members consist primarily of businesses within the community or that have an interest in improving and securing the financial strength of the community.”

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

“Line 7a explanation - a nominating committee of board members and representatives of the full membership body provides a slate of names to serve as directors. The slate is approved if no objections or additional nominations are received once the slate is made public. Officers are elected by the board of directors.”

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

“Line 7b explanation - membership approval is required to make changes to organizational documents or to liquidate the entity. No such action was taken in the tax year reported herein.”

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

“Line 8 explanation - committees meet to carry out board goals but do not have the authority to transact business.”

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

“Line 11b explanation - board members are provided copy of 990 for review. Comments are to be forwarded to treasurer, who then addresses concerns with the tax preparer firm.”

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

“Board members annually sign a statement that affirms receipt of the policy, understanding of the policy, agreement to comply with the policy and understanding of the federal tax exemption status of the entity.”

Form 990, Part VI, Section B, Line 15

“Executive director reviews performance and salary for office personnel. Board president reviews performance and salary for executive director, using comparable data from other similar organizations. Full board approves salary levels for all personnel.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request at the corporation's office.”

Filing and Contact Details

Filer

Filer Name
Grimes Chamber & Economic Development
EIN
42-1445531
Phone
5159865770
Address
404 SE 2ND STREET 200, GRIMES, IA 50111

Signing Officer

Name
Andy Stoecken
Title
Board Chair
Phone
5159865770
Signed
2025-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Buethe
Formed
1995
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
4
Volunteers
50

Preparer

Firm
Welgaard Cpas & Advisors
Address
10550 NEW YORK AVE SUITE 100, URBANDALE, IA 50322
Preparer
Kim L Jacobsen CPA
Phone
5152530099
Raw XML AppendixShowing 400 of 402 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05488
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05575
IRS990/AccountsReceivableGrp/BOYAmt01200
IRS990/AccountsReceivableGrp/EOYAmt017098
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE DEVELOPMENT OF NEW BUSINESS & SUPPORT AND EXPAND EXISTING BUSINESSES IN GRIMES, IOWA
IRS990/AdvertisingGrp/TotalAmt020380
IRS990/AllOtherContributionsAmt068798
IRS990/AllOtherExpensesGrp/TotalAmt030659
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRIAN BUETHE
IRS990/BooksInCareOfDetail/PhoneNum05159865770
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0404 SE 2ND STREET SUITE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRIMES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050111
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0159439
IRS990/CashNonInterestBearingGrp/EOYAmt071155
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0127667
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/TotalAmt014789
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt068798
IRS990/CYGrantsAndSimilarPaidAmt02000
IRS990/CYInvestmentIncomeAmt07428
IRS990/CYOtherExpensesAmt0268822
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0473240
IRS990/CYRevenuesLessExpensesAmt0-17871
IRS990/CYSalariesCompEmpBnftPaidAmt0296515
IRS990/CYTotalExpensesAmt0567337
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0549466
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt091930
IRS990/DeferredRevenueGrp/EOYAmt041755
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt03002
IRS990/Desc0PROMOTION OF COMMUNITY BY WORKING WITH DEVELOPERS AND REALTORS, ENCOURAGE LOCAL BUSINESS GROWTH AND SUPPORT
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt052802
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt07425
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt133830
IRS990/Form990PartVIISectionAGrp/PersonNm0RYLEAH CROSS
IRS990/Form990PartVIISectionAGrp/PersonNm1BEN BUTZKE
IRS990/Form990PartVIISectionAGrp/PersonNm2GREG MEANS
IRS990/Form990PartVIISectionAGrp/PersonNm3CYLE TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm4ADAM BUNGE
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRIS WATKINS
IRS990/Form990PartVIISectionAGrp/PersonNm6AMANDA BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm7ERIC JOHANSEN
IRS990/Form990PartVIISectionAGrp/PersonNm8ANDY STOECKEN
IRS990/Form990PartVIISectionAGrp/PersonNm9JULIE QUANDT
IRS990/Form990PartVIISectionAGrp/PersonNm10JAKE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm11JOSEPH HERST
IRS990/Form990PartVIISectionAGrp/PersonNm12ERIN HUIATT
IRS990/Form990PartVIISectionAGrp/PersonNm13BRIAN BUETHE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13127667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT AND CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0549466
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt02773
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07428
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07428
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt066131
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09250
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06248
IRS990/LandBldgEquipCostOrOtherBssAmt072379
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE DEVELOPMENT OF NEW BUSINESS AND TO SUPPORT AND EXPAND EXISTING BUSINESSES IN GRIMES, IOWA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0296431
IRS990/NetAssetsOrFundBalancesEOYAmt0278560
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0243629
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0278560
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OfficeExpensesGrp/TotalAmt010132
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012923
IRS990/OtherExpensesGrp/Desc0COMMUNITY EVENTS
IRS990/OtherExpensesGrp/Desc1GOLF OUTING EXPENSES
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP EXPENSE
IRS990/OtherExpensesGrp/Desc3LEASE EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0130392
IRS990/OtherExpensesGrp/TotalAmt121527
IRS990/OtherExpensesGrp/TotalAmt214107
IRS990/OtherExpensesGrp/TotalAmt311945
IRS990/OtherSalariesAndWagesGrp/TotalAmt0130400
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt019824
IRS990/PensionPlanContributionsGrp/TotalAmt05701
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BRIAN BUETHE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/BusinessCd3541900
IRS990/ProgramServiceRevenueGrp/BusinessCd4541900
IRS990/ProgramServiceRevenueGrp/Desc0CITY PARTICIPATION
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2GOLF OUTING
IRS990/ProgramServiceRevenueGrp/Desc3GOVERNORS DAY FESTIVAL
IRS990/ProgramServiceRevenueGrp/Desc4BUSINESS EXPO, OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0227802
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1130883
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt235005
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt328459
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt425431
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0227802
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1130883
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt235005
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt328459
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt425431
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt026490
IRS990/PYGrantsAndSimilarPaidAmt02000
IRS990/PYInvestmentIncomeAmt08087
IRS990/PYOtherExpensesAmt0255597
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0512044
IRS990/PYRevenuesLessExpensesAmt011093
IRS990/PYSalariesCompEmpBnftPaidAmt0277931
IRS990/PYTotalExpensesAmt0535528
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0546621
IRS990/ReconcilationRevenueExpnssAmt0-17871
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0223961
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0231389
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt05882
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042218
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt048100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0366
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023913
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024279
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06248
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 6 EXPLANATION - MEMBERS CONSIST PRIMARILY OF BUSINESSES WITHIN THE COMMUNITY OR THAT HAVE AN INTEREST IN IMPROVING AND SECURING THE FINANCIAL STRENGTH OF THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 7A EXPLANATION - A NOMINATING COMMITTEE OF BOARD MEMBERS AND REPRESENTATIVES OF THE FULL MEMBERSHIP BODY PROVIDES A SLATE OF NAMES TO SERVE AS DIRECTORS. THE SLATE IS APPROVED IF NO OBJECTIONS OR ADDITIONAL NOMINATIONS ARE RECEIVED ONCE THE SLATE IS MADE PUBLIC. OFFICERS ARE ELECTED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 7B EXPLANATION - MEMBERSHIP APPROVAL IS REQUIRED TO MAKE CHANGES TO ORGANIZATIONAL DOCUMENTS OR TO LIQUIDATE THE ENTITY. NO SUCH ACTION WAS TAKEN IN THE TAX YEAR REPORTED HEREIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 8 EXPLANATION - COMMITTEES MEET TO CARRY OUT BOARD GOALS BUT DO NOT HAVE THE AUTHORITY TO TRANSACT BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LINE 11B EXPLANATION - BOARD MEMBERS ARE PROVIDED COPY OF 990 FOR REVIEW. COMMENTS ARE TO BE FORWARDED TO TREASURER, WHO THEN ADDRESSES CONCERNS WITH THE TAX PREPARER FIRM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD MEMBERS ANNUALLY SIGN A STATEMENT THAT AFFIRMS RECEIPT OF THE POLICY, UNDERSTANDING OF THE POLICY, AGREEMENT TO COMPLY WITH THE POLICY AND UNDERSTANDING OF THE FEDERAL TAX EXEMPTION STATUS OF THE ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EXECUTIVE DIRECTOR REVIEWS PERFORMANCE AND SALARY FOR OFFICE PERSONNEL. BOARD PRESIDENT REVIEWS PERFORMANCE AND SALARY FOR EXECUTIVE DIRECTOR, USING COMPARABLE DATA FROM OTHER SIMILAR ORGANIZATIONS. FULL BOARD APPROVES SALARY LEVELS FOR ALL PERSONNEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE CORPORATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0393849
IRS990/TotalAssetsEOYAmt0325890
IRS990/TotalAssetsGrp/BOYAmt0393849
IRS990/TotalAssetsGrp/EOYAmt0325890
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt068798
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt0567337
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt097418
IRS990/TotalLiabilitiesEOYAmt047330
IRS990/TotalLiabilitiesGrp/BOYAmt097418
IRS990/TotalLiabilitiesGrp/EOYAmt047330
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0296431
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0278560
IRS990/TotalOtherCompensationAmt03830
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt025660
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt025660
IRS990/TotalProgramServiceRevenueAmt0473240
IRS990/TotalReportableCompFromOrgAmt0127667
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0480668
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0549466
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0393849
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0325890
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt01691
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0404 SE 2ND STREET 200
IRS990/USAddress/CityNm0GRIMES
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050111
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0GRIMESIOWA.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDY STOECKEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05159865770
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRIMES CHAMBER & ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA GRIMES CHAMBER & ECONOMIC DEVELOPMEN
ReturnHeader/Filer/BusinessNameControlTxt0GRIM
ReturnHeader/Filer/EIN0421445531
ReturnHeader/Filer/PhoneNum05159865770
ReturnHeader/Filer/USAddress/AddressLine1Txt0404 SE 2ND STREET 200
ReturnHeader/Filer/USAddress/CityNm0GRIMES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050111
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421130301
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WELGAARD CPAS & ADVISORS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010550 NEW YORK AVE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0URBANDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050322
ReturnHeader/PreparerPersonGrp/PhoneNum05152530099
ReturnHeader/PreparerPersonGrp/PreparationDt02025-03-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIM L JACOBSEN CPA
ReturnHeader/ReturnTs02025-03-05T11:35:22-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01

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
$325,890
Liabilities
$47,330
Net assets
$278,560
Revenue
$549,466
Expenses
$567,337
Net income
-$17,871
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.19$0.90$2.28$4.91$5.41$0.50
2024Detailed filing. Detailed filing data is available for this year.$3.26$0.47$2.79$5.49$5.67$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.94$0.97$2.96$5.47$5.36$0.11
2022Detailed filing. Detailed filing data is available for this year.$3.91$1.06$2.85$4.71$4.56$0.15
2021Detailed filing. Detailed filing data is available for this year.$3.07$0.37$2.70$4.69$3.78$0.91
2020Detailed filing. Detailed filing data is available for this year.$2.00$0.20$1.79$3.32$3.12$0.19
2019Detailed filing. Detailed filing data is available for this year.$2.41$0.81$1.60$3.39$3.62$0.24
2018Detailed filing. Detailed filing data is available for this year.$2.42$0.58$1.84$3.62$3.67$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.59$0.70$1.89$3.24$3.53$0.29
2016Detailed filing. Detailed filing data is available for this year.$2.51$0.33$2.19$2.95$2.88$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.40$0.27$2.12$2.98$2.73$0.24
2014Detailed filing. Detailed filing data is available for this year.$2.07$0.20$1.88$2.96$2.56$0.40
2013Detailed filing. Detailed filing data is available for this year.$1.80$0.33$1.47$2.70$2.47$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.11$1.24$1.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.07$1.17$1.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.22$1.09$1.60$1.56$0.04