Iowa Association Of Independent Colleges And Universities

Organization Overview

Iowa Association Of Independent Colleges And Universities is located in West Des Moines, IA. The organization was established in 1964. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Iowa Association Of Independent Colleges And Universities employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Association Of Independent Colleges And Universities 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, Iowa Association Of Independent Colleges And Universities generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $997.8k during the year ending 06/2022. While expenses have increased by 0.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE INDEPENDENT HIGHER EDUCATION IN IOWA

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISSEMINATING INFORMATION ABOUT IOWA PRIVATE COLLEGES AND UNIVERSITIES AND REPRESENTING MEMBER SCHOOL OBJECTIVES BEFORE THE PUBLIC AND RELEVANT LEGISLATIVE


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Board, Officers & Key Employees

Name (title)Compensation
Gary Steinke
President
$259,745
Andrew Baumert
Secretary
$158,240
Mark Putnam
Chair
$0
Jeffrey Bullock
Past Chair
$0
Rachelle Keck
Vice Chair
$0
Patricia Draves
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,041,545
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,041,545
Total Program Service Revenue$0
Investment income $1,876
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$5,668
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,041,331

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