Mount Vernon-Lisbon Community Development Group is located in Mt Vernon, IA. The organization was established in 2013. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Vernon-Lisbon Community Development Group is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Mount Vernon-Lisbon Community Development Group generated $157.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $183.6k during the year ending 06/2022. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF MOUNT VERNON AND LISBON AREA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Langenberg Vice President | 1 | $0 | |
Andrzej Blacharski Director | 1 | $0 | |
Casey Krall Director | 1 | $0 | |
Barb Ihde Director | 1 | $0 | |
Lisa White President | 1 | $0 | |
Casey O'connor Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $156,840 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $132 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $156,972 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $52,789 |
| Professional fees and other payments to independent contractors | $9,937 |
| Occupancy, rent, utilities, and maintenance | $1,287 |
| Printing, publications, postage, and shipping | $777 |
| Other expenses | $62,470 |
| Total expenses | $183,639 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,182 |
| Other assets | $0 |
| Total assets | $147,182 |
| Total liabilities | $17,347 |
| Net assets or fund balances | $129,835 |
Over the last fiscal year, Mount Vernon-Lisbon Community Development Group has awarded $70,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BAUMAN CLOTHING CO | | | $25,000 |
MT VERNON FAMILY COUNSELING | | | $45,000 |