Keosauqua Economic Development Association
- Assets
- $236.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keosauqua, IA
- Founding
- 12/1985
- Data as of
- 12/2021
- EIN
- 42-1257989
Organization Overview
Keosauqua Economic Development Association is located in Keosauqua, IA. The organization was established in 1985. 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. Keosauqua Economic Development Association 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 12/2021, Keosauqua Economic Development Association generated $21.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $19.5k during the year ending 12/2021. While expenses have increased by 20.2% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Hranicka President | 0.5 | $0 | |
Doug Chapuis Vice President | 0.5 | $0 | |
Richard Nichols Secretary-Treasurer | 0.5 | $0 | |
Laura Gaston Director | 0.5 | $0 | |
Craig Miller Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,418 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,616 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,511 |
| Total expenses | $19,511 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,897 |
| Other assets | $0 |
| Total assets | $236,791 |
| Total liabilities | $85,000 |
| Net assets or fund balances | $151,791 |