Overview
What is Dyersville Industries Inc?
Dyersville Industries Inc, based in Dyersville, Iowa, serves as a catalyst for the growth and prosperity of its local community. As a nonprofit organization, its primary mission is to bolster industry, business, and the overall well-being of Dyersville by focusing on business retention and expansion, new business development, workforce development, and community development. The organization operates with a dedicated team of 23 individuals and boasts approximately 500 memberships in 2022. The recreation center it manages aims to enhance the physical well-being of the community, providing a facility for citizens to maintain and improve their health.
Official website here: www.dyersville.com
What are the reviews and ratings of this charity?
Charity Navigator rates Dyersville Industries Inc with a score of 77%, which translates to a Three-Star out of Four Star rating. This rating is derived solely from its Accountability & Finance metrics, indicating a strong focus on financial health and governance practices. The score reflects the organization's commitment to transparency and responsible financial management.
The nonprofit demonstrates significant strengths in its governance, with a fully independent board comprising 15 members, and it has shown no material diversion of assets. Its financial ratios are also impressive, showing a high program expense ratio of 85.58%, which indicates that a substantial portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization maintains a healthy working capital ratio, suggesting it has a solid financial foundation.
While the rating is generally positive, potential donors might still want to consider the specific programs and impact of Dyersville Industries Inc beyond financial metrics. The organization has a robust accountability framework, but understanding its mission and effectiveness in achieving its goals will be crucial for a comprehensive evaluation. Overall, the financial stability and governance of Dyersville Industries Inc position it well in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Dyersville Industries Inc legitimate?
Dyersville Industries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dyersville Industries Inc 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: $140,629
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,593
For more financial information, click here
Official website here: www.dyersville.com
What is the mission statement of Dyersville Industries Inc?
Dyersville Industries Inc is dedicated to serving and enhancing the industrial, business, and overall well-being of its community. This is achieved through various means, including business retention and expansion, promoting new business development, fostering workforce development, and contributing to community development. The organization's mission is to ensure the prosperity and growth of its community by actively participating in these key areas.
Official website here: www.dyersville.com
Who is the CEO of Dyersville Industries Inc?
David J Schroeder is the Director of Dyersville Industries Inc.
Official website here: www.dyersville.com
What is the revenue of Dyersville Industries Inc?
Dyersville Industries Inc's revenue in 2022 was $1,955,755.
Official website here: www.dyersville.com
Who are the executives of Dyersville Industries Inc and what are their salaries?
The average compensation at Dyersville Industries Inc during 2022 was $13,662. There are 23 employees and 25 volunteers at Dyersville Industries Inc.
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Official website here: www.dyersville.com
Where can I find the form 990 for Dyersville Industries Inc?
Dyersville Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dyersville.com
Learn more at the official website: www.dyersville.com
Mission Statement of Dyersville Industries Inc
Dyersville Industries Inc, as a mission-driven organization, is dedicated to serving, promoting, and securing the industry, business, and well-being of its community. The nonprofit focuses on three key areas: business retention and expansion, new business development, and workforce and community development. This commitment aims to foster a thriving and prosperous community, providing opportunities for existing businesses to grow and attracting new ones to the area. The organization also invests in workforce development, ensuring a skilled and capable workforce to support the local industry. Additionally, Dyersville Industries Inc contributes to community development, improving the overall quality of life for its residents.
To achieve these objectives, Dyersville Industries Inc operates with a holistic approach, involving various sectors of the community. The organization's activities are geared towards promoting economic growth, enhancing workforce capabilities, and fostering a vibrant community. By focusing on business retention and expansion, Dyersville Industries Inc helps existing businesses thrive, ensuring a stable local economy. New business development initiatives attract new companies, creating job opportunities and contributing to the community's growth. The workforce development aspect equips the local workforce with the necessary skills to meet the demands of the evolving industry, ensuring a skilled and competitive workforce. Lastly, the community development efforts aim to improve the overall quality of life, making Dyersville an attractive place to live, work, and do business.
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Impact
July, 2024
Dyersville Industries Inc has a significant impact on the Dyersville community through its focus on serving, promoting, and securing industry, business, and the overall well-being of the area. The organization plays a vital role in business retention and expansion, new business development, workforce development, and community development initiatives. Additionally, Dyersville Industries Inc operates a Recreation Center that provides a valuable facility for the citizens of Dyersville and the surrounding area to improve and maintain their physical well-being.
By actively engaging in these efforts, Dyersville Industries Inc contributes to the economic growth and stability of the community, facilitates job creation and skill development through workforce initiatives, and enhances the overall quality of life for residents. The organization's commitment to community improvement is evident through its various programs and services that benefit individuals and businesses alike in Dyersville, IA.
This information is meant to be a general summary of Dyersville Industries 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $854,263
- Program Service Revenue: $610,964
- Gross Receipts: $3,614,158
Assets and Liabilities:
- Total Assets: $7,600,448
- Total Liabilities: $577,051
- Net Assets: $7,023,397
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT AGREEMENTS
Revenue
$246,500
REC CENTER MEMBERSHIPS
Revenue
$213,653
MUSEUM MEMBERSHIPS
Revenue
$90,589
MUSEUM ADMISSIONS
Revenue
$60,222
Organization Details
Founding Year
1987
Phone
(563) 875-2311Principal Officer
David J Schroeder
Main Address
1110 16TH AVE SE, DYERSVILLE, IA, 52040
Website
www.dyersville.comNTEE Category
Code: S300 - Community improvement
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