Sac Economic & Tourism Development Ltd
- Assets
- $56.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wall Lake, IA
- Founding
- 12/1998
- Data as of
- 06/2022
- EIN
- 42-1300712
Organization Overview
Sac Economic & Tourism Development Ltd is located in Wall Lake, IA. The organization was established in 1998. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Sac Economic & Tourism Development Ltd 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 06/2022, Sac Economic & Tourism Development Ltd generated $101.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $98.5k during the year ending 06/2022. While expenses have increased by 9.3% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED TECHNICAL & PLANNING ASSISTANCE TO 9 COMMUNITIES & VARIOUSAGENCIES & ORGANIZATIONS IN SAC COUNTY, IOWA POPULATION OF 10,350; PROMOTED NEW& EXISTING BUSINESSES; PROMOTED TOURISM ATTRACTIONS & EVENTS
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 |
|---|---|---|---|
Dawn Potthoff Treasurer | 1 | $0 | |
Chris Mason President | 0.5 | $0 | |
Bruce Perry Director | 1 | $0 | |
Larry Coon Vice President | 0.5 | $0 | |
Jim Wissler Director | 0.5 | $0 | |
Laurie Westergaard Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,088 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $101,098 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,610 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8 |
| Other expenses | $28,913 |
| Total expenses | $98,531 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,476 |
| Other assets | $0 |
| Total assets | $56,687 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,687 |