Panora Area Development Group
- Assets
- $282.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Panora, IA
- Founding
- 05/2003
- Data as of
- 12/2020
- EIN
- 42-1508130
Organization Overview
Panora Area Development Group is located in Panora, IA. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Panora Area 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PANORA ECONOMIC DEVELOPMENT GROUP WAS ESTABLISHED TO PROMOTE ECONOMIC DEVELOPMENT OPPORTUNITIES IN THE PANORA AND LAKE PANORAMA AREAS IN IOWA.
PANORA ECONOMIC DEVELOPMENT GROUP WAS ESTABLISHED TO PROMOTE ECONOMIC DEVELOPMENT OPPORTUNITIES IN THE PANORA AND LAKE PANORAMA AREAS IN IOWA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis Thornberry President | 0 | $0 | |
Mark Cates Vice President | 0 | $0 | |
John Rutledge 2nd Vice Pres | 0 | $0 | |
Andrew Randol Treasurer | 0 | $0 | |
Jeff Bump Secretary | 0 | $0 | |
Chris Arganbright 3rd Vice Pres | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,550 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,063 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,613 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,480 |
| Total expenses | $5,005 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,229 |
| Other assets | $0 |
| Total assets | $282,557 |
| Total liabilities | $0 |
| Net assets or fund balances | $282,557 |
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