Mid Iowa Antique Power Association Inc
- Assets
- $77.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marshalltown, IA
- Founding
- 08/1988
- Data as of
- 08/2023
- EIN
- 42-1303217
Organization Overview
Mid Iowa Antique Power Association Inc is located in Marshalltown, IA. The organization was established in 1988. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid Iowa Antique Power Association Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Mid Iowa Antique Power Association Inc generated $49.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $40.1k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
AN ANNUAL EXHIBITION OF ANTIQUE AGRICULTUERAL EQUIPMENT IS HELD IN AUGUST TO EDUCATE PEOPLE OF ALL AGES ON HOW FARMING WAS DONE IN THE PAST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Roads President | 1 | $0 | |
Colleen Baie Secretary | 1 | $0 | |
Don Baie Vice President | 1 | $0 | |
Dona Veren Treasurer | 2 | $0 | |
Brenda Lee Director | 1 | $0 | |
Tom Mcwilliams Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $327 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,235 |
| Investment income | $206 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,714 |
| Other Revenue | $43,605 |
| Total Revenue | $49,087 |
| 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 | $1,476 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,598 |
| Total expenses | $40,074 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,404 |
| Other assets | $0 |
| Total assets | $77,627 |
| Total liabilities | $669 |
| Net assets or fund balances | $76,958 |