Mahaska Chamber And Development Group
- Assets
- $1.7m
- Revenue
- $698.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Oskaloosa, IA
- Founding
- Data as of
- 12/2022
- EIN
- 42-1458680
Organization Overview
Mahaska Chamber And Development Group is located in Oskaloosa, IA. As of 12/2022, Mahaska Chamber And Development Group employed 6 individuals. Mahaska Chamber And Development Group 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 12/2022, Mahaska Chamber And Development Group generated $698.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $535.6k during the year ending 12/2022. While expenses have increased by 3.4% 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
PROACTIVE COMMUNITY BASED ECONOMIC DEVELOPMENT ORGANIZATION DEDICATED TO PROMOTION & IMPROVEMENT OF THE INDUSTRIAL, RETAIL & BUSINESS ENVIRONMENT OF THE COMMUNITY IN OSKALOOSA & MAHASKA COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED MANY EVENTS, SUCH AS EGGS & ISSUES, ART ON THE SQUARE, CHRISTMAS IN JULY, SWEET CORN/SERENADE, LIGHTED CHRISTMAS PARADE, FIREWORKS, FRIDAY AFTER FIVE, AWARDS CELEBRATION, ETC. EXPANDED TOURISM EFFORTS WITH COUNTY- WIDE VISITORS' GUIDE AND DISTRIBUTION OF 5,000 COPIES. UTILIZED STATE GRANT TO ASSIST WITH PURCHASE OF RACK CARDS/HODLERS TO PROMOTE TOURISM AS WELL. THESE EVENTS BENEFITED APPROXIMATELY 22,000 PEOPLE WITH OVER 2,000 COMMUNITY SERVICE HOURS.
EXPANDED COUNTY-WIDE ECONOMIC DEVELOPMENT EFFORTS. THESE EFFORTS INCLUDED PREPARATION OF AN INDUSTRIAL DEVELOPMENT SITE, SENIOR HOUSING FEASIBILITY STUDY, AND TRANSLOAD FACILITY PLANNING AND DEVELOPMENT STUDY. THESE PROJECTS CONTINUE THROUGH PARTNERSHIPS WITH THE CITY OF OSKALOOSA AND MAHASKA COUNTY. THE PROJECTS WILL BENEFIT 22,000 PEOPLE WITHIN MAHASHA COUNTY. ADDITIONALLY, THE CHAMBER PROMOTED NEW BUSINESS AND EXISTING BUINSESS BY PROVIDING STARTUP INFORMATION, GRANT WRITING, DESIGN ASSISTANCE, AND FUND FINDING SESSIONS. THE HISTORIC RESTORATION OF DOWNTOWN BUILDINGS WAS ALSO PROMOTED USING CONTINUING GRANTS. HUNDREDS OF VOLUNTEER HOURS WERE UTILIZED IN THESE EFFORTS.
WORKED ON COMMUNITY BETTERMENT INCLUDING LITTER REMOVAL, FLOWER PLANTING MAINTENANCE, SET UP OF THE UNIQUE "PAINTING WITH LIGHTS" HOLIDAY DECORATIONS, AND THE HIGH SCHOOL SCHOLARSHIP PROGRAM. HUNDREDS OF VOLUNTEER HOURS WERE UTILIZED. ADDITIONALLY, GRANTS WERE WRITTEN AND RECEIVED FOR CITIES WITHIN THE COUNTY TO BE USED FOR THE BEAUTIFICATION IN THOSE COMMUNITIES IN ADDITION TO OSKALOOSA PROPER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deann Degroot Executive Di | Officer | 40 | $51,628 |
Calvin Bandstra Director | Trustee | 1 | $0 |
Ryan Van Dalen Vice-Preside | OfficerTrustee | 1 | $0 |
Jeff Davis Director | Trustee | 1 | $0 |
Jill Ewing Secretary | OfficerTrustee | 1 | $0 |
Susan Kollasch Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $205,690 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $78,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $246,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $530,383 |
| Total Program Service Revenue | $159,034 |
| Investment income | $5,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $698,154 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,100 |
| Grants and other assistance to domestic individuals. | $25,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,881 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $100,332 |
| Pension plan accruals and contributions | $5,132 |
| Other employee benefits | $11,399 |
| Payroll taxes | $10,038 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,615 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $136,437 |
| Advertising and promotion | $32,704 |
| Office expenses | $8,820 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,261 |
| Travel | $5,493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $727 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,899 |
| Insurance | $862 |
| All other expenses | $3,085 |
| Total functional expenses | $535,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $717,860 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,599 |
| 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 | $50 |
| Net Land, buildings, and equipment | $575,469 |
| Investments—publicly traded securities | $358,481 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,694,459 |
| Accounts payable and accrued expenses | $27,964 |
| Grants payable | $0 |
| Deferred revenue | $87,394 |
| 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 | $115,358 |
| 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 | $1,579,101 |
| Total liabilities and net assets/fund balances | $1,694,459 |