Waverly Economic Development Co

Organization Overview

Waverly Economic Development Co is located in Waverly, IA. The organization was established in 1986. 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. Waverly Economic Development Co 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 12/2023, Waverly Economic Development Co generated $18.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $531.0 during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY ECONOMIC DEVELOPMENT AND LOW INTEREST LOANS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOW INTEREST ECONOMIC DEVELOPMENT LOANS.


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Board, Officers & Key Employees

Name (title)Compensation
David Huber
President
$0
Levi Epley
Vice President
$0
Connie Tolan
Secretary
$0
Travis Toliver
Treasurer
$0
Marv Schumacher
Member
$0
Darrel Wenzel
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$12,645
Investment income $5,342
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $17,987

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