Civic Intelligence

Black Hawk County Gaming Association

990 • Fiscal year 2021 • EIN 80-0103166

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 22, 2022

425 Cedar Street No 300AWaterloo, IA 50701

(319) 433-1153

Siviq Scores

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

Liabilities / Assets

66th percentile

0.34x

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

2021 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

71st percentile

0.99x

Higher debt load relative to revenue than 71% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2021

Net Margin

64th percentile

26%

Higher net margin than 64% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$133,614

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2021

Asset Growth

64th percentile

13%

Faster asset growth than 64% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

31%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$15,700,227

Up $1,821,648 (+13%) from 2020

Net Assets

Up

$10,386,944

Up $1,394,120 (+16%) from 2020

Liabilities

Up

$5,313,283

Up $427,528 (+8.8%) from 2020

Revenue

Up

$5,353,710

Up $1,260,213 (+31%) from 2020

Expenses

Up

$3,959,590

Up $827,747 (+26%) from 2020

Net Income

Up

$1,394,120

Up $432,466 (+45%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$10M$0-$10MAssets 2011: $6,478,050Liabilities 2011: $8,060,158Net Assets 2011: -$1,582,1082011Assets 2012: $7,194,566Liabilities 2012: $7,862,471Net Assets 2012: -$667,9052012Assets 2013: $7,089,139Liabilities 2013: $8,940,616Net Assets 2013: -$1,851,4772013Assets 2014: $8,659,992Liabilities 2014: $7,389,778Net Assets 2014: $1,270,2142014Assets 2015: $9,944,864Liabilities 2015: $6,441,742Net Assets 2015: $3,503,1222015Assets 2016: $11,813,323Liabilities 2016: $5,744,954Net Assets 2016: $6,068,3692016Assets 2017: $13,866,154Liabilities 2017: $6,503,596Net Assets 2017: $7,362,5582017Assets 2018: $13,973,089Liabilities 2018: $6,142,806Net Assets 2018: $7,830,2832018Assets 2019: $14,639,501Liabilities 2019: $6,608,331Net Assets 2019: $8,031,1702019Assets 2020: $13,878,579Liabilities 2020: $4,885,755Net Assets 2020: $8,992,8242020Assets 2021: $15,700,227Liabilities 2021: $5,313,283Net Assets 2021: $10,386,9442021Assets 2022: $18,246,475Liabilities 2022: $14,062,778Net Assets 2022: $4,183,6972022Assets 2023: $17,114,640Liabilities 2023: $9,583,398Net Assets 2023: $7,531,2422023Assets 2024: $16,590,596Liabilities 2024: $8,278,755Net Assets 2024: $8,311,8412024Assets 2025: $17,574,954Liabilities 2025: $9,813,992Net Assets 2025: $7,760,9622025

Highlighted filing

2021

Assets$15,700,227
Liabilities$5,313,283
Net Assets$10,386,944

Operations Trend

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

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2011: $6,818,5122011Expenses 2012: $3,975,4492012Expenses 2013: $6,208,1052013Revenue 2014: $4,961,683Expenses 2014: $1,839,992Net Income 2014: $3,121,6912014Revenue 2015: $5,171,794Expenses 2015: $2,938,886Net Income 2015: $2,232,9082015Revenue 2016: $5,248,087Expenses 2016: $2,682,840Net Income 2016: $2,565,2472016Revenue 2017: $5,101,734Expenses 2017: $3,807,545Net Income 2017: $1,294,1892017Revenue 2018: $5,053,065Expenses 2018: $4,585,340Net Income 2018: $467,7252018Revenue 2019: $5,116,011Expenses 2019: $4,915,124Net Income 2019: $200,8872019Revenue 2020: $4,093,497Expenses 2020: $3,131,843Net Income 2020: $961,6542020Revenue 2021: $5,353,710Expenses 2021: $3,959,590Net Income 2021: $1,394,1202021Revenue 2022: $5,898,126Expenses 2022: $12,101,373Net Income 2022: -$6,203,2472022Revenue 2023: $6,392,295Expenses 2023: $3,044,750Net Income 2023: $3,347,5452023Revenue 2024: $6,149,657Expenses 2024: $5,369,058Net Income 2024: $780,5992024Revenue 2025: $5,749,778Expenses 2025: $6,413,192Net Income 2025: -$663,4142025

Highlighted filing

2021

Revenue$5,353,710
Expenses$3,959,590
Net Income$1,394,120
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 22, 2022
Return Version
2020v4.1
Gross Receipts
$5,353,710
Mission and Program Overview

Mission

Black hawk county gaming association holds a gaming license and collects royalties from a casino operator for use of the license. All profits will be disbursed to governmental and/or 501(c)(3) organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$12,672,963$13,213,079▲ $540,116
Cash and Non-Interest-Bearing Accounts$1,075,463$2,322,611▲ $1,247,148
Accounts Receivable$129,963$164,537▲ $34,574
Land, Buildings, and Equipment, Net$190$0▼ $190
Total Assets$13,878,579$15,700,227▲ $1,821,648
Liabilities
Grants Payable$4,885,755$5,313,283▲ $427,528
Total Liabilities$4,885,755$5,313,283▲ $427,528
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,992,824$10,386,944▲ $1,394,120
Total Net Assets Fund Balance$8,992,824$10,386,944▲ $1,394,120
Total Liabilities and Net Assets / Fund Balance$13,878,579$15,700,227▲ $1,821,648

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$38,816$38,816
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth KnippExecutive Director (until 03/21)FT$131,127$2,487$133,614

Board Members and Trustees

NameTitle
Betsy RatchfordPresident
Carolyn RaffertyVice President
Alice ShireyDirector
Ann LyonsDirector
Debra CorsonDirector
Eric JohnsonDirector
Jim SchaeferDirector
Kate WyattDirector
Mark GallagherDirector
Paul LeeDirector
Jane WhittleseyDirector (eff 07/20)
Endya JohsnonDirector (eff 11/20)
Eric RitlandDirector (eff 11/20)
Keyah LevyDirector (until 08/20)
Emily HansonExecutive Director (eff 05/21)
Sarah CraftInterim Exec. Director (04/21 to 05/21)
Scott BeckerSecretary
Dick McallisterTreasurer
Dave RichterTreasurer Elect
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$243,893
Other Revenue
$5,109,817
Change in Net Assets
$1,394,120

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,353,710
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$5,353,710
Total Revenue per Form 990
$5,353,710
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,731,077
Salaries, Compensation, and Employee Benefits$160,865
Other Expenses$67,648
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,731,077--$3,731,077
Current Officers, Directors, Trustees, and Key Employees-$109,705-$109,705
Other Salaries and Wages-$39,200-$39,200
Information Technology-$16,906-$16,906
Payroll Taxes-$11,960-$11,960
Fees for Services Accounting-$10,740-$10,740
Occupancy-$7,017-$7,017
Office Expenses-$6,834-$6,834
Other Expenses-$5,854-$5,854
Advertising-$5,174-$5,174
Insurance-$2,279-$2,279
Fees for Services Legal-$745-$745
Depreciation Depletion-$190-$190
Travel-$177-$177
Interest-$20-$20
Total Functional Expenses$3,731,077$228,513$0$3,959,590

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,959,590
Total Expenses per Audited Statements$3,959,590
Total Expenses per Form 990$3,959,590
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Cedar FallsCedar Falls, IACityCedar River Recreation Project$1,500,000
City of WaterlooWaterloo, IACityConvention Center Phase 3 Improvements$820,000
City of Cedar FallsCedar Falls, IACityDetails of the District- Phase 2$574,800
University of Northern IowaCedar Falls, IA501(c)(3)Gallagher Bluedorn Seating Replacement$300,000
Grout Museum IncWaterloo, IA501(c)(3)Virtual Programming Improvements$82,100
Waterloo Development CorporationWaterloo, IA501(c)(3)Bridge Lighting$74,900
247 Black Leadership Advancement Consortium Fka Renew WaterlooWaterloo, IA501(c)(3)Black Business and Entrepreneurship Accelerator$50,000
City of GilbertvilleGilbertville, IACityCity of Gilbertvill Splashpad$44,000
FAMILY & CHILDREN'S COUNCIL OF BLACK HAWK COUNTYWaterloo, IA501(c)(3)Take Charge of Your Body Sexual Abuse Prevention$30,000
Northeast Iowa Food BankWaterloo, IA501(c)(3)Cooler and Freezer Roll Up Doors, Dock Curtains$30,000
Boysgirls Club of the Cedar ValleyWaterloo, IA501(c)(3)LITTLE PEOPLE'S UNIVERSITY$27,927
Iowa Healthiest State InitiativeDes Moines, IA501(c)(3)Black Hawk County Double Up Food Bucks$25,000
One City UnitedWaterloo, IA501(c)(3)Building One City Momentum$25,000
Vision to LearnDubuque, IA501(c)(3)Vision to Learn$25,000
City of DunkertonDunkerton, IACityDunkerton Police Department$23,273
City of DunkertonDunkerton, IACityRiverwalk Trail Shelters$21,978
Eye of the NeedleWaterloo, IA501(c)(3)A Panoramic View$20,000
IOWA JOBS FOR AMERICA'S GRADUATES (IJAG)Des Moines, IA501(c)(3)Creating Career Pathways for Underserved Youth$20,000
The Salvation Army of Waterloocedar FallsWaterloo, IA501(c)(3)Salvation Army Emergency Shelters$20,000
Waterloo Leisure ServicesWaterloo, IACityWaterloo Aquatics Master Plan$20,000
Waterloo Housing Trust FundWaterloo, IA501(c)(3)Waterloo Housing Trust Fund 2020$18,500
City of EvansdaleEvansdale, IACityJaws of Life That Improve Safety and Efficiency$13,278
City of HudsonHudson, IACityHudson Tennis Court and Pickleball Court Upgrade$13,050
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
No
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
No
Conflict-of-interest policy
Yes
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 11B

The board shall ensure that the following steps toward public disclosure of black hawk county gaming association's financial status take place: 1. The finance committee shall review and approve the irs form 990 annual tax filing prior to submission. 2. Distribute, to the full board, a copy of the form 990 in advance of filing for review and consideration.

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

Every director and employee is required to annually execute a declaration disclosing any relationships or memberships which may present a potential conflict of interest, or an appearance of a conflict and shall indicate that he/she has read, understands and agrees to adhere to the conflict of interst of policy. Bhcga will adopt utilizing a line item on each meeting's agenda, "declaration of conflicts of interest" to regulary address any conflicts.

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

The executive committee of the board of directors reviews comparable data for the iowa non-profit license holders. The executive committee recommends the salary to the full board with the action noted in the minutes. Review and input of compensation are placed in the personnel file. This is the process used for the executive director position, the sole employed officer of the organization.

Form 990, Part VI, Section C, Line 19

The bhcga operates under an open meeting policy, the public may attend any board meetings. All governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Black Hawk County Gaming Association
EIN
80-0103166
Phone
3194331153
Address
425 CEDAR STREET NO 300A, WATERLOO, IA 50701

Signing Officer

Name
Carolyn Rafferty
Title
President
Phone
3194331153
Signed
2022-01-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Rafferty
Formed
2003
Legal Domicile
Ia
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
16

Preparer

Firm
Rsm US Llp
Address
201 FIRST ST SE STE 800, CEDAR RAPIDS, IA 52401-1512
Preparer
Shawna Huls
Phone
3192985333
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

When tax returns are filed, it is highly certain that some positions taken would be sustained upon examination by the taxing authorities, while others are subject to uncertainty about the merits of the position taken or the amount of the position that would be ultimately sustained. The benefit of a tax position is recognized in the financial statements in the period during which, based on all available evidence, management believes it is more-likely-than-not that the position will be sustained upon examination, including the resolution of appeals or litigation processes, if any. As of and for the years ended june 30, 2021 and 2020, the association had no uncertain tax positions required to be recorded as a liability. The internal revenue service has recognized the association as exempt from income taxes under section 501(c)(4) of the internal revenue code.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17131127
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (EFF 11/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR (UNTIL 08/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR (EFF 11/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR (EFF 07/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE DIRECTOR (UNTIL 03/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR (EFF 05/21)
IRS990/Form990PartVIISectionAGrp/TitleTxt19INTERIM EXEC. DIR. (04/21 TO 05/21)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt01500000
IRS990/GrantsPayableGrp/BOYAmt04885755
IRS990/GrantsPayableGrp/EOYAmt05313283
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03731077
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03731077
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt05353710
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt016906
IRS990/InformationTechnologyGrp/TotalAmt016906
IRS990/InsuranceGrp/ManagementAndGeneralAmt02279
IRS990/InsuranceGrp/TotalAmt02279
IRS990/InterestGrp/ManagementAndGeneralAmt020
IRS990/InterestGrp/TotalAmt020
IRS990/InvestmentIncomeGrp/ExclusionAmt0243893
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0243893
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt038816
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0190
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt038816
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HELPING THE CEDAR VALLEY PROSPER
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08992824
IRS990/NetAssetsOrFundBalancesEOYAmt010386944
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08992824
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010386944
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt07017
IRS990/OccupancyGrp/TotalAmt07017
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06834
IRS990/OfficeExpensesGrp/TotalAmt06834
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1PAYROLL EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011712
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15854
IRS990/OtherExpensesGrp/TotalAmt011712
IRS990/OtherExpensesGrp/TotalAmt15854
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039200
IRS990/OtherSalariesAndWagesGrp/TotalAmt039200
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011960
IRS990/PayrollTaxesGrp/TotalAmt011960
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CAROLYN RAFFERTY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0CASH DONATION TO THE CITY OF WATERLOO FOR THE CONVENTION CENTER PHASE 3 IMPROVEMENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0820000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0820000
IRS990/ProgSrvcAccomActy3Grp/Desc0CASH DONATION TO THE CITY OF CEDAR FALLS FOR THE DETAILS OF THE DISTRICT PHASE 2.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0574800
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0574800
IRS990/ProgSrvcAccomActyOtherGrp/Desc0CASH DONATIONS TO VARIOUS GOVERNMENTAL AND 501(C)(3) ORGANIZATIONS - SEE SCHEDULE I FOR DETAILS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0836277
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0836277
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02846531
IRS990/PYInvestmentIncomeAmt0304071
IRS990/PYOtherExpensesAmt0116990
IRS990/PYOtherRevenueAmt03789426
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0961654
IRS990/PYSalariesCompEmpBnftPaidAmt0168322
IRS990/PYTotalExpensesAmt03131843
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04093497
IRS990/ReconcilationRevenueExpnssAmt01394120
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt05109817
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt05109817
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012672963
IRS990/SavingsAndTempCashInvstGrp/EOYAmt013213079
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt038816
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038816
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03959590
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05353710
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. AS OF AND FOR THE YEARS ENDED JUNE 30, 2021 AND 2020, THE ASSOCIATION HAD NO UNCERTAIN TAX POSITIONS REQUIRED TO BE RECORDED AS A LIABILITY. THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THE ASSOCIATION AS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03959590
IRS990ScheduleD/TotalRevenuePerForm990Amt05353710
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05353710
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03959590
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01500000
IRS990ScheduleI/RecipientTable/CashGrantAmt1820000
IRS990ScheduleI/RecipientTable/CashGrantAmt2574800
IRS990ScheduleI/RecipientTable/CashGrantAmt3300000
IRS990ScheduleI/RecipientTable/CashGrantAmt482100
IRS990ScheduleI/RecipientTable/CashGrantAmt574900
IRS990ScheduleI/RecipientTable/CashGrantAmt650000
IRS990ScheduleI/RecipientTable/CashGrantAmt744000
IRS990ScheduleI/RecipientTable/CashGrantAmt830000
IRS990ScheduleI/RecipientTable/CashGrantAmt930000
IRS990ScheduleI/RecipientTable/CashGrantAmt1027927
IRS990ScheduleI/RecipientTable/CashGrantAmt1125000
IRS990ScheduleI/RecipientTable/CashGrantAmt1225000
IRS990ScheduleI/RecipientTable/CashGrantAmt1325000
IRS990ScheduleI/RecipientTable/CashGrantAmt1423273
IRS990ScheduleI/RecipientTable/CashGrantAmt1521978
IRS990ScheduleI/RecipientTable/CashGrantAmt1620000
IRS990ScheduleI/RecipientTable/CashGrantAmt1720000
IRS990ScheduleI/RecipientTable/CashGrantAmt1820000
IRS990ScheduleI/RecipientTable/CashGrantAmt1920000
IRS990ScheduleI/RecipientTable/CashGrantAmt2018500
IRS990ScheduleI/RecipientTable/CashGrantAmt2113278
IRS990ScheduleI/RecipientTable/CashGrantAmt2213050
IRS990ScheduleI/RecipientTable/IRCSectionDesc0CITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc1CITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc2CITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7CITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14CITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc15CITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17CITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc20501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc21CITY
IRS990ScheduleI/RecipientTable/IRCSectionDesc22CITY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CEDAR RIVER RECREATION PROJECT

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$9.81$7.76$5.75$6.41$0.66
2024Detailed filing. Detailed filing data is available for this year.$16.6$8.28$8.31$6.15$5.37$0.78
2023Detailed filing. Detailed filing data is available for this year.$17.1$9.58$7.53$6.39$3.04$3.35
2022Detailed filing. Detailed filing data is available for this year.$18.2$14.1$4.18$5.90$12.1$6.20
2021Detailed filing. Detailed filing data is available for this year.$15.7$5.31$10.4$5.35$3.96$1.39
2020Detailed filing. Detailed filing data is available for this year.$13.9$4.89$8.99$4.09$3.13$0.96
2019Detailed filing. Detailed filing data is available for this year.$14.6$6.61$8.03$5.12$4.92$0.20
2018Detailed filing. Detailed filing data is available for this year.$14.0$6.14$7.83$5.05$4.59$0.47
2017Detailed filing. Detailed filing data is available for this year.$13.9$6.50$7.36$5.10$3.81$1.29
2016Detailed filing. Detailed filing data is available for this year.$11.8$5.74$6.07$5.25$2.68$2.57
2015Detailed filing. Detailed filing data is available for this year.$9.94$6.44$3.50$5.17$2.94$2.23
2014Detailed filing. Detailed filing data is available for this year.$8.66$7.39$1.27$4.96$1.84$3.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.09$8.94$1.85$6.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.19$7.86$0.67$3.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.48$8.06$1.58$6.82