Clayton County Development Group Inc
- Assets
- $446.3k
- Revenue
- $165.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Elkader, IA
- Founding
- 12/1996
- Data as of
- 06/2022
- EIN
- 42-1442829
Organization Overview
Clayton County Development Group Inc is located in Elkader, IA. The organization was established in 1996. 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. As of 06/2022, Clayton County Development Group Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clayton County Development Group Inc 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 06/2022, Clayton County Development Group Inc generated $165.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $167.8k during the year ending 06/2022. While expenses have increased by 2.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE OPPORTUNITIES FOR THE CREATION OF WEALTH FOR THE CITIZENS OF CLAYTON COUNTY, IOWA THROUGH THE PROMOTION OF AGRICULTURE, INDUSTRY AND TOURISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLAYTON COUNTY DEVELOPMENT GROUP PROMOTES THE CLAYTON COUNTY FOUNDATION FOR THE FUTURE. CCFF HOLDS 83 FAMILY OF FUNDS.
BUSINESS, ENTREPRENURIAL, INDUSTRY PROGRAMS:1)PARTNERED WITH IA STATE EXTENSION PROMOTING LEADING COMMUNITIES.2)PROVIDED 7 ONE-ON-ONE BUSINESS CONSULATIONS IN CORDINATION WITH SBDC4)HOUSING PROGRAMS: A)ASSISTED WITH HOUSING SURVEY; B)RESEARCHED FUNDING TO SUPPORT HOUSING GAP PROGRAM AND C) PROMOTED NE IA REGIONAL HOUSING TRUST FUND PROGRAM;5)INDUSTRIAL SUPPORT: A)TOURED 17 INDUSTRIES IN CLAYTON COUNTY, AND B)COORDINATED WITH DROHN VIDEO TO SECURE DRONE VIDEOS OF INDUSTRIAL PARKS LOCATED WITHIN THE COUNTY;6)REVOLVING LOAN PROGRAM OFFERING REVOLVING LOANS TO ASSIST SMALL BUSINESS DEVELOPMENT, 18 GAP FINANCING LOANS WITH 76 NEW JOBS, SINCE 20087)PROMOTED AND SUPORTED SMALL BUSINESS MARKETING THROUGH RADIO INTERVIEWS WITH 15 BUSINESSES
TOURISM MARKETING & ADVERTISING PROGRAM: TO ATTRACT TOURISM TO LOCAL BUSINESSES. PROGRAM ACCOMPLISHMENTS PROVIDED THROUGH TELEVISION, MAGAZINE, RADIO AND INTERNET: 1)TELEVISION ADS: A)213 WXOW TV COMMERCIALS SERVING THE LACROSSE WI AREA; 285,000 VIEWERS IN IOWA, WISCONSIN & MINNESOTA; B)273 PLUS, KWWL TV ADVERTISING CONTRACTS FOR LOCAL BUSINESSES, WITH 357,480 HOUSEHOLDS IN A 21 IA COUNTY VIEWING AREA;C)84 KCRG AIRED COMMERCIALS IN APRIL 2021;2) MAGAZINE ADVERTISING CIRCULATION 450,808 SUBSCRIBERS THROUGH 5 PUBLICATIONS: AAA LIVING, EITA, OUR IOWA, IA TRAVEL GUIDE AND BIKE & HIKE MAGAZINES, GENERATING 10,621 LEADS;3) 12,000 EVENT CARDS DISTRIBUTED TO 21 WELCOME CENTERS ACROSS IOWA & OUT OF STATE; 4,000 DINING CARDS DISTRIBUTED; 4) 20 MARKETING BANNERS PRINTED THROUGH A PARTNERSHIP WITH LOCAL TOURISM & RETAIL BUSINESSES;
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Finley President | OfficerTrustee | 2 | $0 |
Robert Hauber Treasurer | OfficerTrustee | 2 | $0 |
Cathy Denning Secretary | OfficerTrustee | 1 | $0 |
Dan Ostert Vice-President | OfficerTrustee | 1 | $0 |
Steve Hanson Individual Director | Trustee | 1 | $0 |
Lanny Kuehl Individual Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $108,225 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $38,911 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,636 |
| Total Program Service Revenue | $5,876 |
| Investment income | $1,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$467 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $165,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,063 |
| Pension plan accruals and contributions | $4,873 |
| Other employee benefits | $10,707 |
| Payroll taxes | $4,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $57,050 |
| Office expenses | $5,856 |
| Information technology | $3,024 |
| Royalties | $0 |
| Occupancy | $926 |
| Travel | $6,057 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,594 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $342 |
| All other expenses | $183 |
| Total functional expenses | $167,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250,821 |
| Savings and temporary cash investments | $119,784 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $31,272 |
| Intangible assets | $0 |
| Other assets | $44,464 |
| Total assets | $446,341 |
| Accounts payable and accrued expenses | $2,546 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,546 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $443,795 |
| Total liabilities and net assets/fund balances | $446,341 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clayton County Development Group Inc has recieved totaling $22,000.
| Awarding Organization | Amount |
|---|---|
Upper Mississippi Gaming Corp Mcgregor, IA PURPOSE: CLAYTON CO MARKETING | $22,000 |
Endowment Analysis
| Beg. Balance | $36,470 |
| Earnings | -$4,493 |
| Admin Expense | $705 |
| Ending Balance | $31,272 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Spire Credit Union Falcon Heights, MN | $1,948,614,361 | $81,305,193 |
Serveminnesota Minneapolis, MN | $9,195,680 | $42,573,491 |
Arrowhead Economic Opportunity Agency Incorporated Virginia, MN | $33,957,216 | $39,136,123 |
Minnesota Valley Action Council Inc Mankato, MN | $12,018,161 | $29,353,976 |
Tri-Valley Opportunity Council Inc Crookston, MN | $15,068,505 | $26,983,244 |
United Community Action Partnership Inc Marshall, MN | $18,347,423 | $25,415,099 |
Delta Area Economic Opportunity Corporation Portageville, MO | $22,832,856 | $23,706,654 |
Des Moines Performing Arts Des Moines, IA | $53,428,793 | $29,638,099 |
Community Action Of Eastern Iowa Davenport, IA | $4,145,446 | $19,807,458 |
Embarras River Basin Agency Inc Greenup, IL | $2,961,671 | $18,793,359 |
Jefferson Franklin Community Action Corporation Hillsboro, MO | $6,544,452 | $18,340,130 |
Tri-County Opportunities Council Rock Falls, IL | $4,101,390 | $18,238,868 |