Central Iowa Board Of Realtors Foundation is located in Ames, IA. The organization was established in 2012. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Iowa Board Of Realtors Foundation 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 12/2022, Central Iowa Board Of Realtors Foundation generated $5.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $360.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (51.0%) per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION MAKES CONTRIBUTIONS TO ECONOMIC DEVELOPMENT BOARDS LOCATED IN STORY AND BOONE COUNTIES IN IOWA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Weigel President | 5 | $0 | |
Traci Jennings President | 5 | $0 | |
Sara Samms Vice President | 2 | $0 | |
Jason Miller Past President | 2 | $0 | |
Shane Campfield Treasurer | 2 | $0 | |
Whitney Funkhouser Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,529 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,530 |
| 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 | $360 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $360 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,652 |
| Other assets | $0 |
| Total assets | $7,652 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,652 |