Central Iowa Tourism Region
- Assets
- $323.0k
- Revenue
- $199.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Webster City, IA
- Founding
- 02/1991
- Data as of
- 06/2022
- EIN
- 42-1291415
Organization Overview
Central Iowa Tourism Region is located in Webster City, IA. The organization was established in 1991. As of 06/2022, Central Iowa Tourism Region employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Iowa Tourism Region 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 06/2022, Central Iowa Tourism Region generated $199.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $197.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE TOURISM IN A 35 COUNTY AREA OF THE STATE OF IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED IN THE MARKETING AN DEVELOPMENT OF TOURISM IN A 35 COUNTY AREA OF IOWA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Vogelbacher Executive Dir. | Officer | 40 | $71,817 |
Katie Stien Director | Trustee | 2 | $0 |
Amy Zeigler Director | Trustee | 0 | $0 |
Kris Blocker Vice President | OfficerTrustee | 2 | $0 |
Laura Elfers Treasurer | OfficerTrustee | 2 | $0 |
Lori Foresman-Kirpes President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $31,804 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $141,095 |
| 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 | $172,899 |
| Total Program Service Revenue | $26,064 |
| Investment income | $815 |
| 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 | $199,778 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,922 |
| 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. | $68,218 |
| Compensation of current officers, directors, key employees. | $10,233 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,080 |
| Pension plan accruals and contributions | $7,821 |
| Other employee benefits | $4,110 |
| Payroll taxes | $6,302 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,210 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,196 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $332 |
| Insurance | $1,012 |
| All other expenses | $16,844 |
| Total functional expenses | $197,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $316,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,480 |
| 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 | $1,993 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $322,954 |
| Accounts payable and accrued expenses | $51,166 |
| Grants payable | $3,600 |
| Deferred revenue | $102 |
| 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 | $4 |
| Total liabilities | $54,872 |
| Net assets without donor restrictions | $268,082 |
| 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 | $322,954 |