Greater Des Moines Committee Inc is located in Des Moines, IA. The organization was established in 1945. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Greater Des Moines Committee 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 12/2022, Greater Des Moines Committee Inc generated $70.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $129.2k during the year ending 12/2022. 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
ANNUAL BLACK TIE DINNER TO RECOGNIZE IOWA BUSINESS HALL OF FAME INDUCTEES FOR OUTSTANDING CONTRIBUTIONS TO THE DEVELOPMENT AND ENHANCEMENT OF IOWA'S BUSINESS CLIMATE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Tousley Chair | 1 | $0 | |
Suzanna DE Baca Chair Elect | 1 | $0 | |
Mike Helak Treasurer | 1 | $0 | |
Jay Byers Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $49,413 |
| Membership dues | $21,400 |
| Investment income | $33 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,846 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $103,189 |
| Total expenses | $129,189 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,337 |
| Other assets | $0 |
| Total assets | $55,329 |
| Total liabilities | $33,259 |
| Net assets or fund balances | $22,070 |