Coon Rapids Development Group

Organization Overview

Coon Rapids Development Group is located in Coon Rapids, IA. The organization was established in 2002. According to its NTEE Classification (S32) the organization is classified as: Rural Economic 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. Coon Rapids Development Group 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 12/2021, Coon Rapids Development Group generated $68.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.7% each year . All expenses for the organization totaled $36.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

COON RAPIDS DEVELOPMENT GROUP (CRDG) HAS BEEN ORGANIZED TO ASSIST IN ECONOMIC DEVELOPMENT OF COON RAPIDS, IA AND SURROUNDING AREAS. FUNDS ARE USED TO PROMOTE THE COMMUNITY AND MAKE IT AN ATTRACTIVE AND PROSPEROUS PLACE TO LIVE AND DO BUSINESS. TO FURTHER THEIR GOALS, CRDG IS PROVIDING ATTRACTIVE, AFFORDABLE SITES FOR RESIDENTIAL DEVELOPMENT; ASSISTING AND PROMOTING ECONOMIC DEVELOPMENT; PROMOTING COMMUNITY SPIRIT THROUGH VARIOUS EVENTS AND PROJECTS THROUGHOUT THE YEAR; AND PROVIDING FOR COMMUNITY BEAUTIFICATION. .

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENDITURES WERE MADE IN ORDER TO PROVIDE ATTRACTIVE AND AFFORDABLE SITES FOR RESIDENTIAL DEVELOPMENT.


TO ASSIST IN THE ECONOMIC DEVELOPMENT OF COON RAPIDS, IA AND THE SURROUNDING AREAS. THIS SERVES TO ENHANCE AND PROMOTE THE COMMUNITY AS AN ATTRACTIVE AND PROSPEROUS PLACE TO LIVE AND DO BUSINESS.


PROMOTION OF COMMUNITY SPIRIT THROUGH VARIOUS ANNUAL EVENTS AND PROJECTS. THESE INCLUDE HOLIDAY CELEBRATIONS (EASTER, 4TH OF JULY, CHRISTMAS, ETC.); GOLF OUTING; COMMUNITY WIDE GARAGE SALE; FARMERS MARKET; RUN/WALK COMPETITION; BUS TOURS; WELCOME WAGON & OTHER COMMUNITY CELEBRATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Jessica Leighty
Secretary/tr
$0
Nathan Muench
Vice Preside
$0
Gavin Cretsinger
Director
$0
Chris Eddy
Director
$0
Brad Honold
Director
$0
Adam Esdohr
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
King Contracting Llc
Site Prep
$154,398
Precision Concrete Services Inc
Concrete Cons
$177,236
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$25,300
Fundraising events$0
Related organizations$0
Government grants $75,000
All other contributions, gifts, grants, and similar amounts not included above$605
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$100,905
Total Program Service Revenue$0
Investment income $524
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 -$33,345
Miscellaneous Revenue$0
Total Revenue $68,316

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Coon Rapids Development Group has recieved totaling $13,000.

Awarding OrganizationAmount
Creating Great Places

Coon Rapids, IA

PURPOSE: Covid Gran

$13,000
View Grant Recipient Profile

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