Iowa Geothermal Association
- Assets
- $16.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clive, IA
- Founding
- 06/2002
- Data as of
- 12/2018
- EIN
- 42-1473790
Organization Overview
Iowa Geothermal Association is located in Clive, IA. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Iowa Geothermal 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 12/2018, Iowa Geothermal Association generated $50.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $50.3k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (16.3%) per year over the past 3 years. 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 |
|---|---|---|---|
Jordan Kruger President | 1 | $0 | |
Brad Lewis Vice Preside | 1 | $0 | |
Jason Jasperson Secretary | 1 | $0 | |
Don Kammrad Treasurer | 1 | $0 | |
Larry Leliefeld Director | 1 | $0 | |
Bryan Dejong Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $24,073 |
| Membership dues | $26,550 |
| Investment income | $130 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,753 |
| 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 | $25,310 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $169 |
| Other expenses | $24,848 |
| Total expenses | $50,327 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,266 |
| Other assets | $0 |
| Total assets | $16,266 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,266 |