Iowa Lean Consortium Inc
- Assets
- $0.0
- Revenue
- $268.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Des Moines, IA
- Founding
- Data as of
- 12/2018
- EIN
- 27-3038174
Organization Overview
Iowa Lean Consortium Inc is located in Des Moines, IA. Iowa Lean Consortium Inc 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 12/2018, Iowa Lean Consortium Inc generated $268.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $165.5k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A STATEWIDE NETWORK OF ORGANIZATIONS HELPING EACH OTHER GROW AND PROSPER THROUGH THE USE OF LEAN TECHNIQUES AND CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IOWA LEAN CONSORTIUM WAS FORMED TO CREATE A STATEWIDE NETWORK OF ORGANIZATIONS HELPING EACH OTHER GROW AND PROSPER THROUGH THE USE OF LEAN TECHNIQUES AND CULTURE.THE ORGANIZATION HOSTED EVENTS TO PROVIDE A FORUM FOR EDUCATION AND EXCHANGE OF INFORMATION REGARDING WAYS TO DEVELOP, IMPLEMENT AND IMPROVE PRACTICES AND PROCESSES OF BUSINESSES, GOVERNMENT, EDUCATION AND HEALTH CARE IN THE STATE OF IOWA.WE MAINTAIN A WEB SITE TO ALLOW MEMBERS ACCESS TO VARIOUS TRAINING AND OTHER LEAN INFORMATION, AND TO ACCESS A CALENDAR WHERE MEMBERS CAN SCHEDULE OPPORTUNITIES TO PARTICIPATE IN EACH OTHER'S LEAN EVENTS AND INTERNAL TRAINING SESSIONS.WE CREATED A GROUP PRESENCE ON LINKEDIN, TWITTER AND FACEBOOK FOR MEMBERS TO DIALOGUE AND SHARE INFORMATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Dahm President | OfficerTrustee | 1 | $0 |
Dave Hammond Director | Trustee | 1 | $0 |
Danielle Roecker Director | Trustee | 1 | $0 |
Jesse Depriest Director | Trustee | 1 | $0 |
Wendy Smith Director | Trustee | 1 | $0 |
Jeff Terrell Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $248,241 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $268,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,671 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,496 |
| Payroll taxes | $3,244 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $500 |
| Fees for services: Accounting | $875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,485 |
| Office expenses | $0 |
| Information technology | $2,635 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,361 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $909 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $24 |
| All other expenses | $748 |
| Total functional expenses | $165,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |