Panora Area Development Group
- Assets
- $282.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Panora, IA
- Founding
- 05/2003
- Data as of
- 12/2020
- EIN
- 42-1508130
Organization Overview
Panora Area Development Group is located in Panora, IA. The organization was established in 2003. 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. Panora Area Development Group is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PANORA ECONOMIC DEVELOPMENT GROUP WAS ESTABLISHED TO PROMOTE ECONOMIC DEVELOPMENT OPPORTUNITIES IN THE PANORA AND LAKE PANORAMA AREAS IN IOWA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis Thornberry President | 0 | $0 | |
Mark Cates Vice President | 0 | $0 | |
John Rutledge 2nd Vice Pres | 0 | $0 | |
Chris Arganbright 3rd Vice Pres | 0 | $0 | |
Andrew Randol Treasurer | 0 | $0 | |
Jeff Bump Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,550 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,063 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,613 |
| 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 | $2,525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,480 |
| Total expenses | $5,005 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,229 |
| Other assets | $0 |
| Total assets | $282,557 |
| Total liabilities | $0 |
| Net assets or fund balances | $282,557 |