Midwest Partnership Corporation
- Assets
- $232.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Stuart, IA
- Founding
- 07/1996
- Data as of
- 12/2022
- EIN
- 42-1388641
Organization Overview
Midwest Partnership Corporation is located in Stuart, IA. The organization was established in 1996. 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. As of 12/2022, Midwest Partnership Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midwest Partnership Corporation 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 12/2022, Midwest Partnership Corporation generated $135.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $108.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 8 years. 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
THE EXECUTIVE DIRECTOR MEETS WITH INDUSTRIAL PROSPECTS, COMMERCIAL PROSPECTS, AND EXPANSION PROSPECTS TO FURTHER ECONOMIC DEVELOPMENT IN ADAIR AND GUTHRIE COUNTIES. THE ORGANIZATION IS ALSO PARTNERING WITH THE GREATER DES MOINES PARTNERSHIP TO FURTHER PROMOTE ECONOMIC DEVELOPMENT IN OUR TWO COUNTIES.
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 |
|---|---|---|---|
Brad Hayes Director | 0 | $0 | |
Ryan Billheimer Director | 0 | $0 | |
Josh Calmer Director | 0 | $0 | |
Kathy Rohrig Director | 0 | $0 | |
Steve Smith Director | 0 | $0 | |
Holi Weston Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,885 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $113 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,108 |
| Other Revenue | $0 |
| Total Revenue | $135,106 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $60,815 |
| Professional fees and other payments to independent contractors | $2,700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $182 |
| Other expenses | $24,057 |
| Total expenses | $108,444 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $232,237 |
| Other assets | $0 |
| Total assets | $232,237 |
| Total liabilities | $12,545 |
| Net assets or fund balances | $219,692 |