Grow Centerville
- Assets
- $42.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Centerville, IA
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 26-2038472
Organization Overview
Grow Centerville is located in Centerville, IA. The organization was established in 2009. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Grow Centerville is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Grow Centerville generated $64.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $61.9k during the year ending 12/2022. While expenses have increased by 1.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
MAIN STREET PROGRAM - FOCUSED ON SAVING AND IMPROVING THE HISTORIC CENTERVILLE DOWNTOWN DISTRICT 69981 BETTERMENT OR BUST - A VOLUNTEER GROUP WHO PULL TOGETHER LABOR AND RESOURCES TO COMPLETE NEEDED COMMUNITY BETTERMENT TASKS 14122 GROW CENTERVILLE ECO VISION - SEEKS TO INCREASE RECYCLING IN THE AREA 152
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brett Mihalovich Secretary | 1.5 | $0 | |
Jason Fraser Director | 0.5 | $0 | |
Ed Cox Director | 0.5 | $0 | |
Noel Gorden Director | 0.5 | $0 | |
John Cosby Vice President | 1 | $0 | |
Rod Glosser Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,389 |
| Total Program Service Revenue | $0 |
| Membership dues | $180 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $345 |
| Total Revenue | $64,914 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $1,405 |
| Printing, publications, postage, and shipping | $24 |
| Other expenses | $79 |
| Total expenses | $61,927 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,552 |
| Other assets | $0 |
| Total assets | $41,976 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,976 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Grow Centerville has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Appanoose Industrial Corporation Centerville, IA PURPOSE: CHALLENGE GRANT | $10,000 |
Mercy Medical Center-Centerville Centerville, IA PURPOSE: COMMUNITY SUPPORT | $5,000 |
Mercy Medical Center-Centerville Centerville, IA PURPOSE: COMMUNITY SUPPORT | $5,000 |
Mercy Medical Center-Centerville Centerville, IA PURPOSE: COMMUNITY SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
World Business Chicago Chicago, IL | $9,302,792 | $9,942,081 |
Enlace Chicago Chicago, IL | $7,912,354 | $9,016,287 |
Common Wealth Development Inc Madison, WI | $16,900,042 | $3,774,568 |
Milwaukee Urban Strategic Investment Corp Milwaukee, WI | $23,035,863 | $4,044,506 |
Watertown Development Company Watertown, SD | $26,777,594 | $1,539,881 |
Destination Medical Center Corporation Rochester, MN | $379,838 | $2,053,572 |
Far South Cdc Chicago, IL | $4,303,074 | $2,694,787 |
Northwest Side Community Development Corporation Milwaukee, WI | $11,140,702 | $4,254,876 |
Northside Economic Opportunity Network Minneapolis, MN | $8,534,205 | $5,326,140 |
Wepower Saint Louis, MO | $83,554 | $1,807,746 |
Capitalplus Exchange Corporation Skokie, IL | $2,405,541 | $1,079,242 |
United Counties Council Of Illinois Springfield, IL | $3,090,224 | $1,659,321 |