Advance Southwest Iowa Corporation is located in Council Bluffs, IA. As of 12/2021, Advance Southwest Iowa Corporation employed 3 individuals. Advance Southwest Iowa Corporation 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 12/2021, Advance Southwest Iowa Corporation generated $501.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $462.5k during the year ending 12/2021. While expenses have increased by 14.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC DEVELOPMENT MARKETING AND RECRUITING SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
REV PITCH EVENT10 NEW KITCHEN COUNCIL MEMBERSLAUNCH MEET-UP GROUP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paula Hazlewood CEO | 40 | $146,958 | |
Trudy Johannsen Vice President | OfficerTrustee | 1 | $0 |
Chris Blum Secretarytreasurer | OfficerTrustee | 1 | $0 |
Tim Wichman President | OfficerTrustee | 1 | $0 |
Amy Mcdermott Member | Trustee | 1 | $0 |
Rachel Dorr Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $372,529 |
All other contributions, gifts, grants, and similar amounts not included above | $128,655 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $501,184 |
Total Program Service Revenue | $0 |
Investment income | $9 |
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 | $501,193 |
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 | $301,835 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $48,309 |
Payroll taxes | $20,051 |
Fees for services: Management | $15,775 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $22,001 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,135 |
Office expenses | $2,411 |
Information technology | $9,808 |
Royalties | $0 |
Occupancy | $18,480 |
Travel | $12,003 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,018 |
All other expenses | $0 |
Total functional expenses | $462,528 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $183,240 |
Savings and temporary cash investments | $0 |
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 | $1,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $183 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $184,423 |
Accounts payable and accrued expenses | $18,368 |
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 | $18,368 |
Net assets without donor restrictions | $150,135 |
Net assets with donor restrictions | $15,920 |
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 | $0 |
Total liabilities and net assets/fund balances | $184,423 |
Over the last fiscal year, we have identified 4 grants that Advance Southwest Iowa Corporation has recieved totaling $276,579.
Awarding Organization | Amount |
---|---|
Greater Omaha Chamber Foundation Omaha, NE PURPOSE: TO SUPPORT THEIR ECONOMIC DEVELOPMENT EFFORTS IN THE REGION (IOWA WEST FDTN PASS THROUGH GRANT) | $123,000 |
Omaha Development Foundation Omaha, NE PURPOSE: SMALL BUSINESS & ENTREPRENEURIAL DEVELOPMENT FOR SOUTHWEST IOWA VIA IOWA WES | $75,000 |
Greater Omaha Chamber Of Commerce Omaha, NE PURPOSE: PPP GRANT (THEIR EMPLOYEES RUN THROUGH OUR PAYROLL) | $67,529 |
Omaha Development Foundation Omaha, NE PURPOSE: CARES ACT FUNDING FOR ECONOMIC DEVELOPMENT ORGANIZATIONS | $11,050 |
Organization Name | Assets | Revenue |
---|---|---|
Divine Savior Healthcare Inc Portage, WI | $146,404,206 | $99,548,163 |
Jackson Park Hospital Foundation Chicago, IL | $132,629,667 | $107,987,360 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |
Alexian Brothers Ambulatory Group St Louis, MO | $321,335,814 | $68,677,417 |
Samaritas Detroit, MI | $92,322,257 | $101,009,415 |
Cckc4 Inc Wichita, KS | $1,278,082,464 | $69,570,660 |