Bellevues Economic And Tourism Association
- Assets
- $832.2k
- Revenue
- $24.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, IA
- Founding
- 10/1987
- Data as of
- 06/2024
- EIN
- 42-1285295
Organization Overview
Bellevues Economic And Tourism Association is located in Bellevue, IA. The organization was established in 1987. According to its NTEE Classification (S30) the organization is classified as: 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. Bellevues Economic And Tourism Association 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 06/2024, Bellevues Economic And Tourism Association generated $24.9k 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 (42.9%) each year. All expenses for the organization totaled $11.7k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND DEVELOPMENT OF BELLEVUE, IA ECONOMIC STRUCTURE TO INCLUDE INCREASING POPULATION, RETENTION, AND EXPANSION OF CURRENT BUSINESSES AND EMPLOYMENT OPPORTUNITIES, ATTRACTION OF DESIRABLE NEW ENTERPRISES AND EXPANSION OF TOURISM TO SUPPORT THE DEVELOPMENT STRATEGIESG
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTED THE ARTS IN THE CITY OF BELLEVUE, IA IN ORDER TO INCREASE TOURISM AND DEVELOP THE COMMUNITY AS A DESIRABLE PLACE TO LIVE AND WORK.
MAINTAINED LAND FOR THE EXPANSION TO THE CITY OF BELLEVUE, IA.
WORKED WITH THE JACKSON COUNTY ECONOMIC ALLIANCE AND THE BELLEVUE CHAMBER OF COMMERCE TO PROMOTE JACKSON COUNTY AND THE CITY OF BELLEVUE AS AN EXCELLENT PLACE TO LIVE AND WORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nic Hockenberry Director | Trustee | 0 | $0 |
Abbey Skrivseth Director | Trustee | 0 | $0 |
Linda Nudd Secretary | Officer | 0 | $0 |
John Hoff President | Officer | 0 | $0 |
Toby Giesemann Treasurer | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,895 |
| 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 | $1,895 |
| Total Program Service Revenue | $5,221 |
| Investment income | $53 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,720 |
| 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 | $24,889 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,014 |
| Office expenses | $349 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,005 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $455 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $750 |
| All other expenses | $0 |
| Total functional expenses | $11,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,561 |
| Savings and temporary cash investments | $112,936 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $710,722 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $832,219 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $121,497 |
| Paid-in or capital surplus, or land, building, or equipment fund | $710,722 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $832,219 |