Civic Intelligence

Iowa Educators Corporation

EIN 42-1511625 • 501(c)3 • Cedar Falls, IA

Profile

Support the function of the iowa area agencies, public and parochial schools and any other governmental agencies providing an educational function.

3712 Cedar Heights DriveCedar Falls, IA 50613

www.iec-ia.org

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 2015

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

7th percentile

-145%

Higher net margin than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

100th percentile

$107,932

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

61st percentile

7.6%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $1,081,686 (-100%) from 2014

Liabilities

Down

$0

Down $432,181 (-100%) from 2014

Net Assets

Down

$0

Down $649,505 (-100%) from 2014

Operations
Liabilities / Revenue61st percentileNet Margin7th percentile

Revenue

Up

$447,333

Up $31,405 (+7.6%) from 2014

Expenses

Up

$1,096,838

Up $436,075 (+66%) from 2014

Net Income

Down

-$649,505

Down $404,670 (-165%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,328,136Liabilities 2011: $635,747Net Assets 2011: $692,3892011Assets 2012: $1,258,855Liabilities 2012: $624,973Net Assets 2012: $633,8822012Assets 2013: $1,686,840Liabilities 2013: $792,500Net Assets 2013: $894,3402013Assets 2014: $1,081,686Liabilities 2014: $432,181Net Assets 2014: $649,5052014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0
Open 2015 Filing

Operations Trend

Revenue Growth61st percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $692,855Expenses 2011: $1,636,481Net Income 2011: -$943,6262011Expenses 2012: $551,4552012Revenue 2013: $743,865Expenses 2013: $483,407Net Income 2013: $260,4582013Revenue 2014: $415,928Expenses 2014: $660,763Net Income 2014: -$244,8352014Revenue 2015: $447,333Expenses 2015: $1,096,838Net Income 2015: -$649,5052015

Highlighted filing

2015

Revenue$447,333
Expenses$1,096,838
Net Income-$649,505
Open 2015 Filing

Filings

Most recent year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$447,333
Expenses
$1,096,838
Net income
-$649,505
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.45$1.10$0.65
2014Detailed filing. Detailed filing data is available for this year.$1.08$0.43$0.65$0.42$0.66$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.79$0.89$0.74$0.48$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.26$0.62$0.63$0.55
2011Summary only. Only limited summary data is available for this year.$1.33$0.64$0.69$0.69$1.64$0.94
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$447,333
Mission and Program Overview

Mission

Support the function of the iowa area agencies, public and parochial schools and any other governmental agencies providing an educational function.

Provide supporting services to iowa area education agencies, public and parochial schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,076,045$0▼ $1,076,045
Rtn Earn Endowment Incm Other Fnds$649,505$0▼ $649,505
Accounts Receivable$5,641$0▼ $5,641
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,081,686$0▼ $1,081,686
Other Assets Total-$0-
Liabilities
Deferred Revenue$376,261--
Accounts Payable and Accrued Expenses$55,920--
Total Liabilities$432,181$0▼ $432,181
Net Assets / Fund Balance
Total Net Assets Fund Balance$649,505$0▼ $649,505
Total Liabilities and Net Assets / Fund Balance$1,081,686$0▼ $1,081,686
Compensation and Service Providers
Top Officer Pay100th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Robert VittenglExecutive DirectorPT$62,601$45,331$107,932

Board Members and Trustees

NameTitle
Dr Joy ProtheroPresident
Dr Earl BridgewaterVice President
Creston SchubertDirector
Dean SaundersDirector
Dr Lynne CannonDirector
Joe AdamDirector
Roberta Kraft-abrahamsonDirector
Julie WilkenSecretary
Francis PetersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$445,224
Investment Income
$2,109
Other Revenue
$0
Change in Net Assets
$-649,505

Audited Revenue Reconciliation

Revenue per Audited Statements
$447,333
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$447,333
Total Revenue per Form 990
$447,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$596,162
Salaries, Compensation, and Employee Benefits$304,315
Other Expenses$196,361
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$596,162--$596,162
Other Salaries and Wages$169,797$44,261-$214,058
Information Technology$84,603--$84,603
Current Officers, Directors, Trustees, and Key Employees$48,077$12,019-$60,096
Fees for Services Other$40,777--$40,777
Payroll Taxes$25,856$4,305-$30,161
Travel$16,769--$16,769
Fees for Services Legal-$16,326-$16,326
Conferences and Meetings$14,178--$14,178
Insurance$10,374--$10,374
Office Expenses$8,803--$8,803
Fees for Services Accounting-$2,400-$2,400
Advertising$2,131--$2,131
Total Functional Expenses$1,017,527$79,311$0$1,096,838

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,096,838
Expenses Not Reported on Financial Statements$596,162
Other Expense Adjustments$596,162
Expenses per Audited Statements$500,676
Total Expenses per Audited Statements$500,676
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Iowa Association of Educational PurchasingCedar Falls, IAGovernmentTo Support the Area Education Agencies$596,162
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The form 990 is prepared by an independent accounting firm. The return is then reviewed by barbara harms, fiscal agent (grant wood aea business manager), followed by a second review of the return by robert vittengl, executive director. The executive director will provide a copy of the tax return to board members prior to filing.”

Form 990, Part VI, Section B, Line 15A

“Compensation for the executive director is determined by the board of directors through a review and comparability data. The deliberation and decision are timely documented in the board minutes.”

Form 990, Part VI, Section C, Line 19

“The governing documents & financial statements are not available for public inspection. The organization does not have a conflict of interest policy.”

Filing and Contact Details

Filer

Filer Name
Iowa Educators Corporation
EIN
42-1511625
Phone
3192689000
Address
3712 CEDAR HEIGHTS DRIVE, CEDAR FALLS, IA 50613

Signing Officer

Name
Dr Robert Vittengl
Title
Executive Director
Phone
3192689000
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Robert Vittengl
Formed
2000
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
8
Volunteers
9

Preparer

Firm
Cliftonlarsonallen Llp
Address
600 3RD AVE SE STE 300, CEDAR RAPIDS, IA 52401
Preparer
David Little
Phone
3193632697
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

“The iec dissolved effective june 30, 2015 and all programmatic activity and assets were transferred to iaep a tax-exempt governmental unit with a significant educational mission similar to the mission that iec was organized and operated to support.”

FORM 990, PART XII, LINE 2C:

“No change from prior year.”

Financial Statement Notes

PART X, LINE 2:

“Management annually makes an appropriate evaluation of any uncertain income tax provisions based upon current statutes in completing these financial statements and the notes to the financial statements. As of june 30, 2015, management believes that there were no uncertain income tax positions for which a material change in the unrecognized effect would be reasonably possible within the next 12 months.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Dissolution transfer 596,162.”

Raw XML AppendixShowing 400 of 538 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt055920
IRS990/AccountsReceivableGrp/BOYAmt05641
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE SUPPORTING SERVICES TO IOWA AREA EDUCATION AGENCIES, PUBLIC AND PAROCHIAL SCHOOLS.
IRS990/AdvertisingGrp/ProgramServicesAmt02131
IRS990/AdvertisingGrp/TotalAmt02131
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GRANT WOOD AEA
IRS990/BooksInCareOfDetail/PhoneNum03193996700
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04401 6TH STREET SW
IRS990/BooksInCareOfDetail/USAddress/CityNm0CEDAR RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052404
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt01076045
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012019
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt048077
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt060096
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt014178
IRS990/ConferencesMeetingsGrp/TotalAmt014178
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0596162
IRS990/CYInvestmentIncomeAmt02109
IRS990/CYOtherExpensesAmt0196361
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0445224
IRS990/CYRevenuesLessExpensesAmt0-649505
IRS990/CYSalariesCompEmpBnftPaidAmt0304315
IRS990/CYTotalExpensesAmt01096838
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0447333
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0376261
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE PRIMARY FUNCTION OF THE IOWA EDUCATORS CORPORATION (IEC) IS TO SUPPORT THE AREA EDUCATION AGENCIES IN PROVIDING A VOLUNTARY COOPERATIVE PURCHASING PROGRAM FOR IOWA K-12 SCHOOL DISTRICTS. IN ADDITION TO AGGRESSIVE PRICING, THE IEC PROVIDES PRODUCT RESEARCH, PROCUREMENT AND TRAINING TO SUPPORT THE EDUCATIONAL FUNCTIONS.THE IEC DISSOLVED EFFECTIVE JUNE 30, 2015 AND ALL PROGRAMMATIC ACTIVITY AND ASSETS WERE TRANSFERRED TO THE IOWA ASSOCIATION OF EDUCATIONAL PURCHASING (IAEP) A TAX-EXEMPT GOVERNMENTAL UNIT WITH A SIGNIFICANT EDUCATIONAL MISSION SIMILAR TO THE MISSION THAT IEC WAS ORGANIZED AND OPERATED TO SUPPORT.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt08
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01017527
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02400
IRS990/FeesForServicesAccountingGrp/TotalAmt02400
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt016326
IRS990/FeesForServicesLegalGrp/TotalAmt016326
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt040777
IRS990/FeesForServicesOtherGrp/TotalAmt040777
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt018.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt925.00
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/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/PersonNm0DEAN SAUNDERS
IRS990/Form990PartVIISectionAGrp/PersonNm1DR LYNNE CANNON
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERTA KRAFT-ABRAHAMSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CRESTON SCHUBERT
IRS990/Form990PartVIISectionAGrp/PersonNm4JOE ADAM
IRS990/Form990PartVIISectionAGrp/PersonNm5DR JOY PROTHERO
IRS990/Form990PartVIISectionAGrp/PersonNm6JULIE WILKEN
IRS990/Form990PartVIISectionAGrp/PersonNm7FRANCIS PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm8DR EARL BRIDGEWATER
IRS990/Form990PartVIISectionAGrp/PersonNm9DR ROBERT VITTENGL
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/ReportableCompFromOrgAmt962601
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/ReportableCompFromRltdOrgAmt945331
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0596162
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0596162
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0596162
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0447333
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt084603
IRS990/InformationTechnologyGrp/TotalAmt084603
IRS990/InsuranceGrp/ProgramServicesAmt010374
IRS990/InsuranceGrp/TotalAmt010374
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt02109
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02109
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE SUPPORTING SERVICES TO IOWA AREA EDUCATION AGENCIES, PUBLIC AND PAROCHIAL SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0649505
IRS990/NetAssetsOrFundBalancesEOYAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt08803
IRS990/OfficeExpensesGrp/TotalAmt08803
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt044261
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0169797
IRS990/OtherSalariesAndWagesGrp/TotalAmt0214058
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04305
IRS990/PayrollTaxesGrp/ProgramServicesAmt025856
IRS990/PayrollTaxesGrp/TotalAmt030161
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DR ROBERT VITTENGL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0445224
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0445224
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02618
IRS990/PYOtherExpensesAmt0314302
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0413310
IRS990/PYRevenuesLessExpensesAmt0-244835
IRS990/PYSalariesCompEmpBnftPaidAmt0346461
IRS990/PYTotalExpensesAmt0660763
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0415928
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-649505
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0445224
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0649505
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ARTICLES OF INCORPORATION CLEARLY DEFINE WHO THE SUPPORTED ORGANIZATIONS ARE, PER ARTICLE V: THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF ONE OR MORE OF THE SUPPORTED ORGANIZATIONS SPECIFIED BELOW: SUPPORTED ORGANIZATIONS: (1) THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED PRIMARILY TO SUPPORT THE AREA EDUCATION AGENCIES ("AEAS"), BY PERFORMING THE FUNCTIONS AND/OR CARRYING OUT THE PURPOSES OF THESE SUPPORTED ORGANIZATIONS. THE AEAS ARE POLITICAL SUBDIVISIONS OF THE STATE OF IOWA, STATUTORILY ESTABLISHED BY IOWA CODE CHAPTER 273. AS SUCH, THEY ARE GOVERNMENTAL UNITS AS DEFINED IN SECTION 170(B)(1)(A)(V) AND THEREFORE PUBLIC CHARITIES AS DEFINED IN SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. (2) ADDITIONALLY, THE CORPORATION ALSO IS ORGANIZED AND SHALL BE OPERATED TO SUPPORT SUCH MEMBERS OF THE FOLLOWING CLASSES OF ORGANIZATIONS AS THE BOARD OF DIRECTORS SHALL SEE FIT TO SUPPORT, PROVIDED THAT NO ORGANIZATION SHALL BE SUPPORTED THAT IS NOT A PUBLIC CHARITY AS DEFINED IN INTERNAL REVENUE CODE SECTION 509(A)(1) OR 509(A)(2): CLASSES OF PUBLIC CHARITIES ELIGIBLE FOR SUPPORT: SCHOOLS, COLLEGES, COMMUNITY COLLEGES, UNIVERSITIES, LIBRARIES, AND GOVERNMENTAL ENTITIES WHOSE PURPOSE IS EDUCATIONAL OR WHICH PROVIDE AN EDUCATIONAL FUNCTION. (3) NOTWITHSTANDING ANYTHING ELSE CONTAINED HEREIN, THE CORPORATION SHALL AT ALL TIMES LIMIT ITS SUPPORT TO ORGANIZATIONS WHICH QUALIFY AS PUBLIC CHARITIES UNDER I.R.C. SECTION 509(A)(1) OR 509(A)(2), AND WHICH ARE EXEMPT FROM TAXATION AS EITHER 501(C)(3) ORGANIZATIONS OR "GOVERNMENTAL UNITS" AS DEFINED IN I.R.C. SECTION 170(B)(1)(A)(V) & TREAS REGS. SECTION 1.170A-9(D). NO SUPPORT SHALL AT ANY TIME BE GIVEN TO ANY TAXABLE ENTITY OR TO ANY PRIVATE FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE IEC BOARD OF DIRECTORS IS SOLELY COMPRISED OF BOARD MEMBERS FROM THE VARIOUS AEAS THAT IEC SUPPORTS. THE CONDUCT OF IEC IS MANAGED AND CONTROLLED BY THE AEAS THROUGH THIS BOARD MEMBERSHIP. IN ADDITION, ALL AEAS IN WHICH IEC SUPPORTS ELECTS OR APPOINTS ONE DIRECTOR TO SERVE AS A MEMBER OF IEC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION C, LINE 1:
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/SupportedOrganizationsCnt09
IRS990ScheduleA/SupportedOrganizationsTotalCnt09
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0161658584
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1421028618
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2364597401
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3421028417
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4421028173
IRS990ScheduleA/SupportedOrgInformationGrp/EIN5421029263
IRS990ScheduleA/SupportedOrgInformationGrp/EIN6421028154
IRS990ScheduleA/SupportedOrgInformationGrp/EIN7331132241
IRS990ScheduleA/SupportedOrgInformationGrp/EIN8371464404
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd20
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd30
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd40
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd50
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd60
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd70
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd80
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc02
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc12
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc22
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc32
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc42
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc52
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc62
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc72
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc82
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt50
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt70
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt80
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt032273
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1164525
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt232168
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt332012
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt432075
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt532012
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt632276
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt732012
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt832012
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0AREA EDUCATION AGENCY 267
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1GRANT WOOD AREA EDUCATION AGENCY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2GREAT PRAIRIE AREA EDUCATION AGENCY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3GREEN HILLS AREA EDUCATION AGENCY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4HEARTLAND AREA EDUCATION AGENCY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5KEYSTONE AREA EDUCATION AGENCY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6MISSISSIPPI BEND AREA EDUCATION AGENCY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7NORTHWEST AREA EDUCATION AGENCY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt8PRAIRIE LAKES AREA EDUCATION AGENCY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0421365
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0596162
IRS990ScheduleD/ExpensesSubtotalAmt0500676
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt0596162
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0447333
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT ANNUALLY MAKES AN APPROPRIATE EVALUATION OF ANY UNCERTAIN INCOME TAX PROVISIONS BASED UPON CURRENT STATUTES IN COMPLETING THESE FINANCIAL STATEMENTS AND THE NOTES TO THE FINANCIAL STATEMENTS. AS OF JUNE 30, 2015, MANAGEMENT BELIEVES THAT THERE WERE NO UNCERTAIN INCOME TAX POSITIONS FOR WHICH A MATERIAL CHANGE IN THE UNRECOGNIZED EFFECT WOULD BE REASONABLY POSSIBLE WITHIN THE NEXT 12 MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DISSOLUTION TRANSFER 596,162.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01096838
IRS990ScheduleD/TotalRevenuePerForm990Amt0447333
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0447333
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0500676
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0596162
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOVERNMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE AREA EDUCATION AGENCIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0IOWA ASSOCIATION OF EDUCATIONAL PURCHASING
IRS990ScheduleI/RecipientTable/RecipientEIN0452237293
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03712 CEDAR HEIGHTS DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CEDAR FALLS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050613
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE GRANT WAS AWARDED AS PART OF THE FORMAL DISSOLUTION OF IEC. IAEP WILL MONITOR THE PROPER FUTURE USE OF THE FUNDS IN ACCORDANCE WITH IEC'S DISSOLUTION PLAN.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0IOWA ASSOCIATION OF EDUCATIONAL PURCHASING
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02015-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0452237239
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0596162
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0GOVERNMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH BALANCE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt03712 CEDAR HEIGHTS DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0CEDAR FALLS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0IA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd050613
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE IEC DISSOLVED EFFECTIVE JUNE 30, 2015 AND ALL PROGRAMMATIC ACTIVITY AND ASSETS WERE TRANSFERRED TO IAEP A TAX-EXEMPT GOVERNMENTAL UNIT WITH A SIGNIFICANT EDUCATIONAL MISSION SIMILAR TO THE MISSION THAT IEC WAS ORGANIZED AND OPERATED TO SUPPORT.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.