Belmond Community Betterment Corporation
- Assets
- $80.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belmond, IA
- Founding
- 04/2012
- Data as of
- 12/2022
- EIN
- 27-1487160
Organization Overview
Belmond Community Betterment Corporation is located in Belmond, IA. The organization was established in 2012. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmond Community Betterment Corporation 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, Belmond Community Betterment Corporation generated $80.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.7% each year . All expenses for the organization totaled $23.9k during the year ending 12/2022. 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
BELMOND COMMUNITY BETTERMENT CORP PROVIDES FOR RECREATIONAL, CULTURAL, AND EDUCATIONAL OPPORTUNITIES THAT WILL ENRICH THE QUALITY OF LIFE FOR BELMOND AND THE SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Smith President | 1 | $0 | |
Justin Coonce Vice Preside | 1 | $0 | |
Leigh Faaborg Secretary | 1 | $0 | |
Katie Ketchum Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,772 |
| Total Program Service Revenue | $11,267 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,921 |
| Other Revenue | $0 |
| Total Revenue | $79,960 |
| 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 | $679 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $206 |
| Other expenses | $23,014 |
| Total expenses | $23,899 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $80,606 |
| Other assets | $0 |
| Total assets | $80,606 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,606 |