Missouri River Historical Develop- Ment Inc
- Assets
- $6.6m
- Revenue
- $4.3m
- Investments
- $4.6m
- Employees
- 2
- Location
- Sioux City, IA
- Founding
- 01/1991
- Data as of
- 06/2024
- EIN
- 42-1349952
Organization Overview
Missouri River Historical Develop- Ment Inc is located in Sioux City, IA. The organization was established in 1991. According to its NTEE Classification (S12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Missouri River Historical Develop- Ment Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri River Historical Develop- Ment Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2024, Missouri River Historical Develop- Ment Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $3.4m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Missouri River Historical Develop- Ment Inc has awarded 548 individual grants totaling $27,146,564. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE LIVES OF CITIZENS OF WOODBURY COUNTY THRU GRANTS TO GOVERNMENT, CIVIC AND NON-PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVING THE LIVES OF CITIZENS OF WOODBURY COUNTY THRU GRANTS TO GOVERNMENT, CIVIC AND NON-PROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Huisenga Director | Trustee | 1 | $600 |
Angie Schrunk Treasurer | OfficerTrustee | 8 | $1,200 |
Shelby Pierce Director | Trustee | 1 | $0 |
Linda Krei Director | Trustee | 1 | $0 |
Sarah Kleber President | OfficerTrustee | 8 | $1,200 |
Renae Billings Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $4,013,747 |
| Investment income | $267,534 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,281,281 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,299,794 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,800 |
| Compensation of current officers, directors, key employees. | $49,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,446 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,290 |
| Fees for services: Accounting | $19,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,646 |
| Fees for services: Other | $722 |
| Advertising and promotion | $0 |
| Office expenses | $3,566 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $839 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,364 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $12,039 |
| All other expenses | $0 |
| Total functional expenses | $3,429,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,559,686 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $401,542 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,644 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,621,959 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,591,831 |
| Accounts payable and accrued expenses | $2,092 |
| Grants payable | $2,747,617 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,749,709 |
| Net assets without donor restrictions | $3,842,122 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,591,831 |
Grants Awarded
Over the last fiscal year, Missouri River Historical Develop- Ment Inc has awarded $3,167,794 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN LEGION POST 336 PURPOSE: DANA HALL FURNISHINGS PROJECT | $24,000 |
ANTHON COMMUNITY CENTER ASSOCIATION PURPOSE: HOLIDAY DISCRETIONARY GRANT | $25,000 |
SIOUX CITY ART CENTER ASSOCIATION PURPOSE: FREE FAMILY ART DAY | $8,000 |
BEYOND THE BELL PURPOSE: HOLIDAY DISCRETIONARY GRANT | $25,000 |
BIG BROTHERS BIG SISTERS OF SIOUXLAND PURPOSE: BROTHERHOOD BONDS: EMPOWERING BOYS THROUGH MALE MENTORSHIP | $13,018 |
BRIAR CLIFF UNIVERSITY PURPOSE: SCHOLARSHIP GRANT | $103,051 |