Grow Cedar Valley Foundation
- Assets
- $22.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterloo, IA
- Founding
- 05/2019
- EIN
- 83-1850385
Organization Overview
Grow Cedar Valley Foundation is located in Waterloo, IA. The organization was established in 2019. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Grow Cedar Valley Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending undefined, Grow Cedar Valley Foundation generated $8.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $1.0k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (65.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
Describe the Organization's Program Activity:
Part 3
ENHANCEMENT OF THE WATERLOO REGIONAL AIRPORT IS CRUCIAL TO THE CEDAR VALLEYS FUTURE AS A REGIONAL ECONOMIC LEADER. A WORKING GROUP OF COMMUNITY LEADERS HAS BEEN ESTABLISHED TO COLLABORATE TO IMPROVE COMMERCIAL AIR SERVICE AT THE WATERLOO REGIONAL AIRPORT FOR THE ECONOMIC BENEFIT OF THE CEDAR VALLEY REGION. IMPROVING AIR SERVICE IN THE CEDAR VALLEY AND BRINGING INCREASED ECONOMIC SUCCESS TO OUR COMMUNITIES IMPROVES THE QUALITY OF LIFE FOR ALL RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Guinn Chair | 0.5 | $0 | |
Mike Mallaro Vice Chair | 0.5 | $0 | |
Leslie Jensen Prideaux Treasurer | 0.5 | $0 | |
Carolyn Darrah Secretary/ce | 0.5 | $164,963 | |
Chris Fereday Director | 0.5 | $0 | |
David Adams Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,515 |
| Statement of Expenses | |
|---|---|
| Total expenses | $1,038 |
| Balance Sheet | |
|---|---|
| Total assets | $22,036 |
| Total liabilities | $14,500 |
| Net assets or fund balances | $7,536 |