Marshall Economic Development Impact Committee
- Assets
- $311.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marshalltown, IA
- Founding
- 05/1992
- Data as of
- 06/2024
- EIN
- 42-1382549
Organization Overview
Marshall Economic Development Impact Committee is located in Marshalltown, IA. The organization was established in 1992. 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. Marshall Economic Development Impact Committee 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, Marshall Economic Development Impact Committee generated $33.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (37.8%) each year. All expenses for the organization totaled $47.8k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION CARRIES OUT ACTIVITIES AND PROGRAMS TO HELP PROMOTE ECONMIC DEVELOPMENT AND IMPROVE THE LIVING CONDITIONS IN MARSHALL COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Miller Past Chairman | 1 | $0 | |
Kevin Meyer Director | 1 | $0 | |
Abigail Pelzer Director | 1 | $0 | |
Todd Steinkamp Director | 1 | $0 | |
Deb Wollam Director | 1 | $0 | |
Kristin Polley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,410 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,410 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $510 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $47,330 |
| Total expenses | $47,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $293,904 |
| Other assets | $0 |
| Total assets | $311,518 |
| Total liabilities | $0 |
| Net assets or fund balances | $311,518 |