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Riverloop Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 264618040 ✦ Waterloo, IA ✦ Designated as a 501(c)(3)

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Overview

What is Riverloop Association Inc?

Riverloop Association Inc, a nonprofit situated in an unspecified location, is primarily dedicated to the promotion and economic development of two key areas: the downtown Riverloop amphitheater and expo grounds. Their primary objective is to attract events to these spaces, thereby fostering economic growth. Additionally, they oversee the development and use of both properties, ensuring they serve their intended purposes effectively. In essence, Riverloop Association Inc plays a crucial role in enhancing these areas, contributing to the local community's vibrancy and economic growth.

Is Riverloop Association Inc legitimate?

Riverloop Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverloop Association Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Riverloop Association Inc?

The Riverloop Association Inc's mission is focused on promoting the downtown Riverloop amphitheater and expo grounds. Their primary objective is to stimulate economic growth by attracting events to both spaces. Furthermore, they oversee the development and utilization of these properties effectively. In addition, the association is dedicated to enhancing the downtown expo grounds, aiming to boost economic growth through event recruitment. They also guide the development and usage of the expo property, ensuring its optimal utilization.

Who is the CEO of Riverloop Association Inc?

Kent Shankle is the President of Riverloop Association Inc.

What is the revenue of Riverloop Association Inc?

Riverloop Association Inc's revenue in 2021 was $21,887.

Who are the executives of Riverloop Association Inc and what are their salaries?


Here are 5 key members and their salaries:


Kent Shankle (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Walsh (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Huting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tavis Hall (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Rucker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Riverloop Association Inc?

Riverloop Association Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Riverloop Association Inc

The Riverloop Association Inc, a nonprofit organization, is dedicated to three primary objectives. Firstly, it promotes the Riverloop amphitheater, serving as a catalyst for attracting various events to this space. Secondly, it focuses on economic development by recruiting events to be held at the downtown expo grounds. Lastly, the association guides the development and use of both the amphitheater and expo property, ensuring they serve their intended purposes effectively. By managing these spaces and events, the Riverloop Association Inc contributes to the overall vibrancy and economic growth of the downtown area.

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Impact




August, 2024

Riverloop Association Inc plays a pivotal role in the economic development and promotion of the downtown Riverloop amphitheater and expo grounds in Waterloo, IA. The association works tirelessly to recruit a variety of events to these spaces, thereby driving community engagement and fostering local economic growth. Additionally, they provide valuable guidance on the development and utilization of the amphitheater and expo property, ensuring that these spaces are utilized effectively for the benefit of the community. Overall, Riverloop Association Inc's efforts contribute significantly to the enhancement and vitality of the downtown area, making a tangible impact on the community's improvement.




This information is meant to be a general summary of Riverloop Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$21,887 (2021)
Expenses
$25,049 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $10
  • Program Service Revenue: $1,750
  • Gross Receipts: $25,543

Assets and Liabilities:

  • Total Assets: $151,672
  • Total Liabilities: $13,846
  • Net Assets: $137,826

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Organization Details

Principal Officer

Kent Shankle

Main Address

225 COMMERCIAL STREET, WATERLOO, IA, 50701

NTEE Category

Code: S30 - Community improvement

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