Waverly Area Development Group

Organization Overview

Waverly Area Development Group, operating under the name Waverly Chamber Of Commerce, is located in Waverly, IA. The organization was established in 1955. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Waverly Chamber Of Commerce employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waverly Chamber Of Commerce 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 12/2022, Waverly Chamber Of Commerce generated $210.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $240.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PUBLIC RELATIONS, TOURISM AND ECONOMIC DEVELOPMENT IN THE CITY OF WAVERLY, IOWA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PUBLIC RELATIONS, TOURISM AND ECONOMIC DEVELOPMENT IN THE CITY OF WAVERLY, IOWA.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Hanawalt
Chair Person
$0
Chris Miller
Treasurer
$0
Travis Toliver
Executive Director
$0
Cyndi Canney
Director
$0
Darrin Siefken
Director
$0
Andrew Bell
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$98,955
Fundraising events$0
Related organizations$0
Government grants $46,000
All other contributions, gifts, grants, and similar amounts not included above$31,496
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$176,451
Total Program Service Revenue$0
Investment income $580
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $33,293
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $210,918

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