Civic Intelligence

Belmond Growth Alliance

EIN 85-4161169 • 501(c)6 • Belmond, IA

Profile

Our purpose is to advance the economic, industrial, professional, cultural, educational, social, and civic welfare of the belmond, ia area. To encourage the growth of the existing industries and businesses, while giving all proper assistance to any new firms or individuals seeking to locate in the belmond, ia area. To proactively recruit, attract and aid in securing new business and industry through a variety of means, to include locating, developing, and making available suitable commercial and industrial sites and locations. To support all those activities believed to be beneficial to the community. And in general, to promote the welfare of all area citizens, following those policies intended to accomplish the greatest good for the greatest number.

112 2nd Ave NEBelmond, IA 50421

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.08x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

81st percentile

0.15x

Higher debt load relative to revenue than 81% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

17th percentile

-29%

Higher net margin than 17% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

33rd percentile

-13%

Faster asset growth than 33% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

6.1%

Faster revenue growth than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$130,495

Down $20,035 (-13%) from 2023

Liabilities

Up

$10,945

Up $2,020 (+23%) from 2023

Net Assets

Down

$119,550

Down $22,055 (-16%) from 2023

Revenue

Up

$75,344

Up $4,302 (+6.1%) from 2023

Expenses

Up

$97,399

Up $47,660 (+96%) from 2023

Net Income

Down

-$22,055

Down $43,358 (-204%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2021: $94,845Liabilities 2021: $7,700Net Assets 2021: $87,1452021Assets 2022: $128,192Liabilities 2022: $7,890Net Assets 2022: $120,3022022Assets 2023: $150,530Liabilities 2023: $8,925Net Assets 2023: $141,6052023Assets 2024: $130,495Liabilities 2024: $10,945Net Assets 2024: $119,5502024

Highlighted filing

2024

Assets$130,495
Liabilities$10,945
Net Assets$119,550

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $127,011Expenses 2021: $39,866Net Income 2021: $87,1452021Revenue 2022: $77,758Expenses 2022: $44,601Net Income 2022: $33,1572022Revenue 2023: $71,042Expenses 2023: $49,739Net Income 2023: $21,3032023Revenue 2024: $75,344Expenses 2024: $97,399Net Income 2024: -$22,0552024

Highlighted filing

2024

Revenue$75,344
Expenses$97,399
Net Income-$22,055

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.0
Gross Receipts
$75,344
Mission and Program Overview

Mission

Our purpose is to advance the economic, industrial, professional, cultural, educational, social, and civic welfare of the belmond, ia area. To encourage the growth of the existing industries and businesses, while giving all proper assistance to any new firms or individuals seeking to locate in the belmond, ia area. To proactively recruit, attract and aid in securing new business and industry through a variety of means, to include locating, developing, and making available suitable commercial and industrial sites and locations. To support all those activities believed to be beneficial to the community. And in general, to promote the welfare of all area citizens, following those policies intended to accomplish the greatest good for the greatest number.

Program Services

DescriptionGrantsExpenses
OUR PURPOSE IS TO ADVANCE THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL, EDUCATIONAL, SOCIAL, AND CIVIC WELFARE OF THE BELMOND, IA AREA. TO ENCOURAGE THE GROWTH OF THE EXISTING INDUSTRIES AND BUSINESSES, WHILE GIVING ALL PROPER ASSISTANCE TO ANY NEW FIRMS OR INDIVIDUALS SEEKING TO LOCATE IN THE BELMOND, IA AREA. TO PROACTIVELY RECRUIT, ATTRACT AND AID IN SECURING NEW BUSINESS AND INDUSTRY THROUGH A VARIETY OF MEANS, TO INCLUDE LOCATING, DEVELOPING, AND MAKING AVAILABLE SUITABLE COMMERCIAL AND INDUSTRIAL SITES AND LOCATIONS. TO SUPPORT ALL THOSE ACTIVITIES BELIEVED TO BE BENEFICIAL TO THE COMMUNITY. AND IN GENERAL, TO PROMOTE THE WELFARE OF ALL AREA CITIZENS, FOLLOWING THOSE POLICIES INTENDED TO ACCOMPLISH THE GREATEST GOOD FOR THE GREATEST NUMBER.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELLE SMITHPresident-$0--
TERRY CASEVice Preside-$0--
CODY NICHOLASTreasurer-$0--
JOSE REYESDirector-$0--
JANET ROCKOWDirector-$0--
AIMEE GOEMAN MCKNIGHTDirector-$0--
PETE GARDNERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Belmond Growth Alliance
EIN
85-4161169
Phone
6414443937
Address
112 2ND AVE NE, BELMOND, IA 50421

Signing Officer

Name
Michelle Smith
Title
President
Phone
6414443937
Signed
2025-05-07
Discuss with paid preparer
Yes

Preparer

Firm
Dk Arndt Pc
Address
324 E MAIN ST- POBOX 185, BELMOND, IA 50421-0185
Preparer
Betty L Nash CPA
Phone
6414444042
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other income 3,605 total 3,605

Form 990-ez, Part I, Line 16

Expenses dues & subscriptions 102 advertising expense 1,572 office expense 1,857 meeting expense 1,013 program expense - insurance 400 program expenses 64,286 program expense - personn 26,524 miscellaneous expense 1,114 rounding 1 total 96,869

Form 990-ez, Part II, Line 24

Cash - belmond bucks 8,925 10,945 note receivable - patricia morris 0 4,417 note receivable - kam defense 0 4,417 total 8,925 19,779

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 8,925 10,945

Form 990-ez, Part III

Our purpose is to advance the economic, industrial, professional, cultural, educational, social, and civic welfare of the belmond, ia area. To encourage the growth of the existing industries and businesses, while giving all proper assistance to any new firms or individuals seeking to locate in the belmond, ia area. To proactively recruit, attract and aid in securing new business and industry through a variety of means, to include locating, developing, and making available suitable commercial and industrial sites and locations. To support all those activities believed to be beneficial to the community. And in general, to promote the welfare of all area citizens, following those policies intended to accomplish the greatest good for the greatest number.

Form 990-ez, Part III, Line 28

Our purpose is to advance the economic, industrial, professional, cultural, educational, social, and civic welfare of the belmond, ia area. To encourage the growth of the existing industries and businesses, while giving all proper assistance to any new firms or individuals seeking to locate in the belmond, ia area. To proactively recruit, attract and aid in securing new business and industry through a variety of means, to include locating, developing, and making available suitable commercial and industrial sites and locations. To support all those activities believed to be beneficial to the community. And in general, to promote the welfare of all area citizens, following those policies intended to accomplish the greatest good for the greatest number.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCOME 3,605 TOTAL 3,605
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CASH - BELMOND BUCKS 8,925 10,945 NOTE RECEIVABLE - PATRICIA MORRIS 0 4,417 NOTE RECEIVABLE - KAM DEFENSE 0 4,417 TOTAL 8,925 19,779
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OUR PURPOSE IS TO ADVANCE THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL, EDUCATIONAL, SOCIAL, AND CIVIC WELFARE OF THE BELMOND, IA AREA. TO ENCOURAGE THE GROWTH OF THE EXISTING INDUSTRIES AND BUSINESSES, WHILE GIVING ALL PROPER ASSISTANCE TO ANY NEW FIRMS OR INDIVIDUALS SEEKING TO LOCATE IN THE BELMOND, IA AREA. TO PROACTIVELY RECRUIT, ATTRACT AND AID IN SECURING NEW BUSINESS AND INDUSTRY THROUGH A VARIETY OF MEANS, TO INCLUDE LOCATING, DEVELOPING, AND MAKING AVAILABLE SUITABLE COMMERCIAL AND INDUSTRIAL SITES AND LOCATIONS. TO SUPPORT ALL THOSE ACTIVITIES BELIEVED TO BE BENEFICIAL TO THE COMMUNITY. AND IN GENERAL, TO PROMOTE THE WELFARE OF ALL AREA CITIZENS, FOLLOWING THOSE POLICIES INTENDED TO ACCOMPLISH THE GREATEST GOOD FOR THE GREATEST NUMBER.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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