Region Xii Council Of Governments Inc
- Assets
- $28.4m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 59
- Location
- Carroll, IA
- Founding
- 09/1980
- Data as of
- 06/2023
- EIN
- 42-1017843
Organization Overview
Region Xii Council Of Governments Inc is located in Carroll, IA. The organization was established in 1980. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2023, Region Xii Council Of Governments Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Region Xii Council Of Governments Inc 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 06/2023, Region Xii Council Of Governments Inc generated $8.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $7.5m during the year ending 06/2023. While expenses have increased by 2.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES AND FACILITIES INCLUDING TRANSIT, HOUSING, ECONOMIC DEVELOPMENT, DISASTER RECOVERY, WORKFORCE DEVELOPMENT AND ENVIRONMENTAL PROGRAMS TO ASSIST BUSINESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCAL AND REVOLVING LOAN FUNDS 232,298 COMMUNITY ADMINISTERED & SUPPORT PROGRAMS 425.208 IOWA WASTE EXCHANGE PROGRAM 531,700 RURAL TRANSIT SYSTEM 2,678,020 REGIONAL TRANSPORTATION PLANNING 212,002
WESTERN IOWA ADVANTAGE PARTNERS 29,807 ECONOMIC DEVELOPMENT PLANNING 156,761 COMMUNITY DEVELOPMENT BLOCK GRANTS 974,200 HOME INVESTMENT PARTNERSHIP PROGRAM 41,552 HOUSING PRESERVATION GRANTS 93,600 FHLB RESIDENTIAL REHAB 312,384 RESIDENTIAL CONSTRUCTED FOR SALE 27,914 RESIDENTIAL CONSTRUCTED FOR RENTAL 39,160
WIOA CLUSTER 971,195 COMMUNITY PARTNERSHIPS FOR PROTECTING CHILDREN 38,682 HAZARD MITIGATION GRANTS 5,001 TICKET TO WORK 502,963 EDA CARES ACT PLANNING 81,549 MEAT & POULTRY INTERMEDIARY LENDING PROGRAM 86,158 CORONA RECOVERY FUND 2,207 USDA RURAL BUSINESS DEVELOPMENT 15,000 BUSINESS ENTERPRISE LOAN PROGRAM 66,169
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Hunsaker Exec Director | Officer | 40 | $141,961 |
John Muir Chairperson | OfficerTrustee | 0 | $0 |
Rick Thompson Secretary | OfficerTrustee | 0 | $0 |
Ranell Drake Vice-Chairperson | OfficerTrustee | 0 | $0 |
Stephanie Hausman Treasurer | OfficerTrustee | 0 | $0 |
Dave Muhlbauer Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Exterior Solutions Of Iowa Llc Construction | 6/29/23 | $175,560 |
Merical Construction Construction | 6/29/23 | $385,496 |
Cory Klink Construction | 6/29/23 | $134,575 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,883,397 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,440 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,885,837 |
| Total Program Service Revenue | $2,892,064 |
| Investment income | $354,821 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $62,130 |
| 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 | $8,194,852 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,895 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,967,104 |
| Pension plan accruals and contributions | $199,467 |
| Other employee benefits | $312,075 |
| Payroll taxes | $161,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,818 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,346 |
| Office expenses | $136,632 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $133,534 |
| Travel | $61,387 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,837 |
| Interest | $36,617 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $419,003 |
| Insurance | $170,842 |
| All other expenses | $1,604,001 |
| Total functional expenses | $7,523,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,646,896 |
| Savings and temporary cash investments | $8,447,840 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,123,658 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,293,373 |
| Inventories for sale or use | $527,535 |
| Prepaid expenses and deferred charges | $216,415 |
| Net Land, buildings, and equipment | $5,187,994 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $930,907 |
| Total assets | $28,374,618 |
| Accounts payable and accrued expenses | $555,830 |
| Grants payable | $0 |
| Deferred revenue | $179,303 |
| 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 | $1,644,062 |
| Unsecured mortgages and notes payable | $279,600 |
| Other liabilities | $1,923,977 |
| Total liabilities | $4,582,772 |
| Net assets without donor restrictions | $23,791,846 |
| Net assets with donor restrictions | $0 |
| 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 | $28,374,618 |