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Mid Iowa Development Fund Inc

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

EIN: 421437567 ✦ Carroll, IA ✦ Designated as a 501(c)(3)

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Overview

What is Mid Iowa Development Fund Inc?

Mid Iowa Development Fund Inc is a nonprofit organization situated in Carroll, Iowa. Its primary mission is to foster and encourage business growth and development within the regions it serves. This includes aiding in community development, promoting new and existing business opportunities, and stimulating economic growth. The organization operates with this goal in mind, aiming to contribute positively to its local communities.

Is Mid Iowa Development Fund Inc legitimate?

Mid Iowa Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid Iowa Development Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mid Iowa Development Fund Inc?

Mid Iowa Development Fund Inc's mission is centered around aiding in the development of the communities within its region. The organization actively promotes and stimulates business opportunities, both new and existing, to foster growth and development within the served regions. Its activities are geared towards encouraging business growth and development, contributing to the overall improvement and progress of the communities it serves.

Who is the CEO of Mid Iowa Development Fund Inc?

Troy Boelman is the President of Mid Iowa Development Fund Inc.

What is the revenue of Mid Iowa Development Fund Inc?

Mid Iowa Development Fund Inc's revenue in 2022 was $442,377.

Who are the executives of Mid Iowa Development Fund Inc and what are their salaries?


Here are 13 key members and their salaries:


Troy Boelman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clyde Evan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Meyer (Sec/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Van Oort (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Golightly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Bengtson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dylan Kline (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Fullerton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Mcintyre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Welling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hollie Zajicek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Downs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mid Iowa Development Fund Inc?

Mid Iowa Development Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mid Iowa Development Fund Inc

Mid Iowa Development Fund Inc is an organization dedicated to contributing positively to the growth and improvement of the communities within its region. Its primary mission is to stimulate and foster business opportunities, both new and existing. This nonprofit aims to promote development within the areas it serves, working tirelessly to create a conducive environment for businesses to thrive. By playing this role, Mid Iowa Development Fund Inc aims to contribute significantly to the overall development of the communities it serves.

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Impact




October, 2024

Mid Iowa Development Fund Inc significantly impacts the communities within its region by fostering business opportunities and driving development initiatives. By actively promoting and stimulating both new and existing enterprises, the organization enhances economic growth and community vibrancy in Carroll, IA, and surrounding areas. Its efforts contribute to the overall development of the region, ensuring a more prosperous and supportive environment for local businesses. Through targeted assistance and resources, Mid Iowa Development Fund Inc plays a crucial role in empowering communities, ultimately leading to improved quality of life and economic resilience for their residents.




This information is meant to be a general summary of Mid Iowa Development Fund 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
$442,377 (2022)
Expenses
$38,796 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $777
  • Program Service Revenue: $20,810
  • Gross Receipts: $442,377

Assets and Liabilities:

  • Total Assets: $1,005,486
  • Total Liabilities: $1,183
  • Net Assets: $1,004,303

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Loan fees

Revenue

$2,964

Loan interest

Revenue

$17,846

Organization Details

Founding Year

1995

Principal Officer

Troy Boelman

Main Address

PO BOX 768, CARROLL, IA, 51401

NTEE Category

Code: S43 - Community improvement

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