Matura Action Corporation
- Assets
- $1.8m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 77
- Location
- Creston, IA
- Founding
- 08/1966
- Data as of
- 09/2021
- EIN
- 42-0920388
Organization Overview
Matura Action Corporation is located in Creston, IA. The organization was established in 1966. 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 09/2021, Matura Action Corporation employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Matura Action 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 09/2021, Matura Action Corporation generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $4.7m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
REGION'S PRIMARY AGENCY FOR SERVICES STRIVING TO ELIMINATE THE CAUSES & CONDITIONS OF POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEATHERIZATION/ENERGY ASSISTANCE - CONSISTS OF THE LOW-INCOME HOUSING ENERGY ASSISTANCE (LIHEAP) AND WEATHERIZATION PROGRAMS. LIHEAP SERVED 1,431 HOUSEHOLDS FOR THE 2021 FISCAL YEAR. LIHEAP GIVES EMERGENCY FUEL ASSISTANCE TO ECONOMICALLY DISADVANTAGED CONSUMERS WHO MEET ALL CRITERIA OF THE PROGRAM. WEATHERIZATION SERVED 13 HOUSEHOLDS WHICH REPRESENTED 90 PARTICIPANTSFOR THE 2021 FISCAL YEAR. WEATHERIZATION IMPROVES THE ENERGY EFFICIENCY OF HOMES FOR INDIVIDUALS ELIGIBLE TO RECEIVE ASSISTANCE IN THE PROGRAM.
CHILD EDUCATION - SERVICES ARE PROVIDED THROUGH THE HEAD START PROGRAM WHICH SERVED 212 CHILDREN FOR THE 2021 FISCAL YEAR. HEAD START IS AN EARLY LEARNING DEVELOPMENT PROGRAM FOR ECONOMICALLY DISADVANTAGED PARTICIPANTS WHO MEET THE CRITERIA FOR THE PROGRAM.
FOOD/NUTRITION PROGRAMS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Ludwig Executive Director (thru Jan 2021) | Officer | 40 | $84,910 |
Danna Buls Executive Director | Officer | 40 | $59,079 |
Larry Johnson Chief Financial Officer (thru Aug 2021) | Officer | 40 | $41,043 |
Leland Shipley Vice Chairperson | OfficerTrustee | 1 | $0 |
Charles Ambrose Chairperson (thru Jan 2021) | OfficerTrustee | 1 | $0 |
Rick Friday Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
David Love Construction Weatherization Contractor | 9/29/16 | $205,685 |
F & M Carpentry Llc Weatherization Contractor | 9/29/16 | $109,269 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,189,972 |
| All other contributions, gifts, grants, and similar amounts not included above | $202,363 |
| Noncash contributions included in lines 1a–1f | $3,304 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,392,335 |
| Total Program Service Revenue | $92,856 |
| Investment income | $260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $54,855 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,665,844 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,197,319 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $198,073 |
| Compensation of current officers, directors, key employees. | $194,295 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,688,800 |
| Pension plan accruals and contributions | $152,596 |
| Other employee benefits | $293,028 |
| Payroll taxes | $190,505 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,840 |
| Fees for services: Accounting | $31,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $148,847 |
| Advertising and promotion | $14,853 |
| Office expenses | $213,250 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $282,401 |
| Travel | $7,561 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,235 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,439 |
| Insurance | $49,872 |
| All other expenses | $73,298 |
| Total functional expenses | $4,692,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $397,706 |
| Pledges and grants receivable | $657,241 |
| Accounts receivable, net | $34,417 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $230,929 |
| Net Land, buildings, and equipment | $466,287 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,786,580 |
| Accounts payable and accrued expenses | $193,960 |
| Grants payable | $0 |
| Deferred revenue | $437,911 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $631,871 |
| Net assets without donor restrictions | $1,115,139 |
| Net assets with donor restrictions | $39,570 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,786,580 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Matura Action Corporation has recieved totaling $4,645.
| Awarding Organization | Amount |
|---|---|
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $4,645 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Of Eastern Iowa Davenport, IA | $4,145,446 | $19,807,458 |
Embarras River Basin Agency Inc Greenup, IL | $2,961,671 | $18,793,359 |
Jefferson Franklin Community Action Corporation Hillsboro, MO | $6,544,452 | $18,340,130 |
Tri-County Opportunities Council Rock Falls, IL | $4,101,390 | $18,238,868 |
Mahube-Otwa Community Action Partnership Inc Detroit Lakes, MN | $6,691,451 | $20,228,935 |
Upper Des Moines Opportunity Inc Graettinger, IA | $5,376,639 | $17,208,548 |
Central Nebraska Community Action Partnership Inc Loup City, NE | $11,182,517 | $15,277,585 |
Community Action Agency Of Siouxland Sioux City, IA | $5,735,581 | $15,017,682 |
Mid-Iowa Community Action -Mica- Incorporated Marshalltown, IA | $3,849,705 | $14,587,976 |
Three Rivers Community Action Inc Zumbrota, MN | $34,597,275 | $14,786,149 |
Inner-City Muslim Action Network Chicago, IL | $22,441,569 | $25,574,850 |
Will County Center For Community Concerns Inc Joliet, IL | $2,259,108 | $13,384,526 |