Northwest Iowa Economic Development Corporation

Organization Overview

Northwest Iowa Economic Development Corporation, operating under the name Northwest Iowa Development, is located in Sheldon, IA. The organization was established in 2011. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Northwest Iowa Development is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Northwest Iowa Development generated $186.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $135.2k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATIONS MISSION IS TO EMPOWER ITS MEMBERS TO JOINTLY PROMOTE NORTHWEST IOWA THROUGH PROVIDING TOOLS TO EDUCATE ITS MEMBERS THORUGH TRAINING ACTIVTIES, TRADE SHOWS AND ADVERTISING IN TRADE PUBLICATIONS.

Describe the Organization's Program Activity:

Part 3

SUPPORTING MEMBER TOOLS FOR TRACKING BUSINESS PROSPECTS THAT WOULD HAVE THE POTENTIAL TO CREATE JOBS IN NORTHWEST IOWA.


TRADE ADVERTISING AND ATTENDANCE AT TRADE SHOWS TO PROMOTE NORTHWEST IOWA.


MEMBER TRAINING AND TRADE RESEARCH TO EDUCATE MEMBERS TO ASSIST THEM IN PROMOTING NORTHWEST IOWA.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$186,105
Total Program Service Revenue$0
Membership dues$0
Investment income $6
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$186,111

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