Advance Southwest Iowa Corporation

Organization Overview

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.

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


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Board, Officers & Key Employees

Name (title)Compensation
Paula Hazlewood
CEO
$146,958
Trudy Johannsen
Vice President
$0
Chris Blum
Secretarytreasurer
$0
Tim Wichman
President
$0
Amy Mcdermott
Member
$0
Rachel Dorr
Member
$0

Financial Statements

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

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Advance Southwest Iowa Corporation has recieved totaling $276,579.

Awarding OrganizationAmount
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
View Grant Recipient Profile

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