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Storm Lake United

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

EIN: 270436116 ✦ Storm lake, IA ✦ Designated as a 501(c)(6)

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Overview

What is Storm Lake United?

Storm Lake United is a nonprofit organization situated in Storm Lake, Iowa. With a modest team of four employees, their primary mission is to bolster the local economy by promoting the Storm Lake area. They actively work towards attracting new businesses and residents to the community, thereby contributing to its growth and development. The organization's efforts are geared towards enhancing the overall appeal of the area, ultimately fostering a thriving and prosperous community.

Is Storm Lake United legitimate?

Storm Lake United is a legitimate nonprofit organization registered as a 501(c)(6) entity. Storm Lake United submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $62,258
Professional Fundraising Fees: $0
Other Salaries and Wages: $59,491

For more financial information, click here

What is the mission statement of Storm Lake United?

Storm Lake United, an organization focused on economic development, is committed to promoting a specific area. Their primary goal is to attract new businesses and residents to this area, aiming to enhance its overall growth and prosperity. Their activities encompass various strategies to showcase the area's strengths and potential, thereby encouraging investment and population growth.

Who is the CEO of Storm Lake United?

Gary Sterling is the President of Storm Lake United.

What is the revenue of Storm Lake United?

Storm Lake United's revenue in 2022 was $327,924.

Who are the executives of Storm Lake United and what are their salaries?

The average compensation at Storm Lake United during 2022 was $30,437. There are 4 employees at Storm Lake United.


Here are 17 key members and their salaries:


Mike Rust (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Sievers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raegan Launderville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Canty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Sterling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacey Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Redenbaugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Inder Singh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda Castaneda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Cleveland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Breanna Horsey (Executive Director)
  • Compensation: $62,258
  • Related: $0
  • Other: $0
David Derragon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Heffernan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Gunkelman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda Riggenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keri Navritil (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Storm Lake United?

Storm Lake United's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Storm Lake United

Storm Lake United, as an organization, is dedicated to promoting the Storm Lake area. Their primary mission is to attract new businesses and residents to the region. By engaging in economic development activities, Storm Lake United aims to enhance the area's appeal and stimulate growth. The organization's efforts are focused on positioning Storm Lake as an attractive destination for potential businesses and individuals seeking a new home.

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Impact




October, 2024

Storm Lake United plays a crucial role in enhancing the vitality of the Storm Lake area by actively promoting local economic development. Through their efforts, they aim to attract new businesses and residents, which contributes to the overall growth and sustainability of the community. By showcasing the unique attributes of Storm Lake, they help create an inviting atmosphere for potential entrepreneurs and families considering relocation. This initiative not only strengthens the local economy but also fosters community improvement, ensuring that Storm Lake remains a vibrant and attractive place to live and work.




This information is meant to be a general summary of Storm Lake United. 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
$327,924 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Expenses
$291,868 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%15%30%56%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,738
  • Gross Receipts: $327,924

Assets and Liabilities:

  • Total Assets: $939,081
  • Total Liabilities: $9,019
  • Net Assets: $930,062

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Organization Details

Founding Year

2009

Principal Officer

Gary Sterling

Main Address

119 W 6TH STREET PO BOX 584, STORM LAKE, IA, 50588

NTEE Category

Code: S41 - Community improvement

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