Iowa Trust Association is located in Johnston, IA. The organization was established in 1976. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Trust 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 12/2021, Iowa Trust Association generated $79.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $90.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE A FORUM FOR THE DISCUSSION AND CONSIDERATION OF AREAS OF CONCERN TO MEMBERS IN THEIR FIDUCIARY CAPACITY AND TO PROVIDE EDUCATIONAL PROGRAMS TO MEMBERS.FALL CONFERENCE HAD 120 ATTENDEES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chris Even Director | 0 | $0 | |
Kyle Irvin Director | 0 | $0 | |
Eric Lesher Director | 0 | $0 | |
Julie Versluis Director | 0 | $0 | |
Mike Deege Counsel | 0 | $0 | |
Norm Bach Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $46,715 |
Membership dues | $31,575 |
Investment income | $1,035 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $79,325 |
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 | $39,715 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $50,744 |
Total expenses | $90,459 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $276,399 |
Other assets | $0 |
Total assets | $276,399 |
Total liabilities | $0 |
Net assets or fund balances | $276,399 |
Organization Name | Assets | Revenue |
---|---|---|
Src Benefit Programs Trust Springfield, MO | $118,089 | $9,937,850 |
Woodbourne Charitable Trust Plymouth, MN | $1,142,964 | $10,020,932 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
James M Stanton Foundation Bloomington, MN | $29,105,685 | $38,323,984 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
Cokato Charitable Trust Cokato, MN | $9,103,416 | $8,785,306 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Willard J And Alice C Corbett Char Tr Chicago, IL | $0 | $307,254 |
Ferdinand A & Agnes M Bower Charitable Trust Chicago, IL | $0 | $555,207 |
Jay And Rose Phillips Family Foundation Of Minnesota Minneapolis, MN | $65,545,808 | $6,097,586 |