Eagle Grove Community Development Corporation
- Assets
- $393.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eagle Grove, IA
- Founding
- 03/1978
- Data as of
- 12/2022
- EIN
- 42-1112836
Organization Overview
Eagle Grove Community Development Corporation is located in Eagle Grove, IA. The organization was established in 1978. 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. Eagle Grove Community Development Corporation 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, Eagle Grove Community Development Corporation generated $7.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (37.8%) each year. All expenses for the organization totaled $19.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Ryerson President | 0 | $0 | |
Jess Tolliver VP | 0 | $0 | |
Sabrina Beck Treasurer | 0 | $0 | |
Jim Christ Director | 0 | $0 | |
Chad Tweeten Director | 0 | $0 | |
Eric Larson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,350 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $475 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,825 |
| 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 | $1,675 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,284 |
| Total expenses | $18,959 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,618 |
| Other assets | $0 |
| Total assets | $393,410 |
| Total liabilities | $227,778 |
| Net assets or fund balances | $165,632 |