Huxley Development Corporation

Organization Overview

Huxley Development Corporation is located in Huxley, IA. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Huxley Development Corporation 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 12/2019, Huxley Development Corporation generated $7.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (28.7%) each year. All expenses for the organization totaled $2.5k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO DEVELOP THE TOWN OF HUXLEY INTO A PROSPEROUS SATELLITE COMMUNITY SERVING THE AMES TO ANKENY AREA OF CENTRAL IOWA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE DEVELOPMENT OF LAND IN THE HUXLEY TOWN AREA FOR BOTH RESIDENTIAL AND COMMERCIAL USE.


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Board, Officers & Key Employees

Name (title)Compensation
Dave Mikkelsen
Vice President
$0
Mike Upah
Treasurer
$0
Craig Henry
Secretary
$0
Mason Adams
President
$0
Todd Petersen
Director
$0
Darrell Hughes
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $7,086
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$7,086
Total Program Service Revenue$0
Investment income $10
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 $7,096

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