Montgomery County Development Corporation
- Assets
- $183.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Red Oak, IA
- Founding
- 08/2002
- Data as of
- 06/2022
- EIN
- 42-1421917
Organization Overview
Montgomery County Development Corporation is located in Red Oak, IA. The organization was established in 2002. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery County Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, Montgomery County Development Corporation generated $100.3k 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 (6.1%) each year. All expenses for the organization totaled $100.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 5 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
ECONOMIC DEVELOPMENT ON A COUNTY WIDE BASIS. RECRUITMENT OFBUSINESS AND JOB TO THE COUNTY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Adams Executive Director | 30 | $57,820 | |
Brad Wright Vice President | 1 | $0 | |
Ann Carder President | 1 | $0 | |
Jenna Ramsey Secretary | 1 | $0 | |
Mike Olson Director | 1 | $0 | |
Ron Lorenz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,895 |
| Total Program Service Revenue | $5,000 |
| Membership dues | $2,000 |
| Investment income | $560 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,875 |
| Total Revenue | $100,330 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,147 |
| Professional fees and other payments to independent contractors | $29,605 |
| Occupancy, rent, utilities, and maintenance | $2,094 |
| Printing, publications, postage, and shipping | $409 |
| Other expenses | $17,921 |
| Total expenses | $100,176 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,732 |
| Other assets | $0 |
| Total assets | $183,579 |
| Total liabilities | $1,555 |
| Net assets or fund balances | $182,024 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Clinica De Los Campesinos Inc Wautoma, WI | $10,404,383 | $18,983,180 |
Beber Camp Property Inc Libertyville, IL | $15,299,021 | $6,938,025 |
Wyman Center Inc Eureka, MO | $8,893,303 | $4,567,823 |
Camp Manitowish Y M C A Inc Boulder Junction, WI | $24,143,360 | $5,245,713 |
True Friends Annandale, MN | $16,949,001 | $5,336,118 |
Forest Springs Camp And Conference Center Inc Westboro, WI | $11,536,806 | $6,135,628 |
Fort Wilderness Ministries Incorporated Mcnaughton, WI | $9,536,857 | $6,032,282 |
Cedars Camps Ballwin, MO | $25,506,755 | $6,489,217 |
Herzl Camp Association St Louis Park, MN | $11,149,154 | $3,768,685 |
Minnesota Youth Athletic Services Inc Spring Lake Park, MN | $3,485,430 | $4,517,573 |
Blaine Soccer Club Blaine, MN | $1,122,392 | $1,952,947 |
Camp Moshava Of Wild Rose Inc Skokie, IL | $4,979,744 | $2,883,416 |