Form 990 for tax year 2024
Filed by SOUTHWEST IOWA NONPROFIT FOR COLLECTIVE IMPACT.
Totals
- Total revenue
- $6,663,231
- Total expenses
- $7,377,804
- Contributions and grants received
- $5,802,591
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $860,640
- Other revenue
- $0
- Total assets, end of year
- $24,944,351
- Total liabilities, end of year
- $2,934,435
- Net assets or fund balances, end of year
- $22,009,916
- Program services expenses (Part IX)
- $7,183,981
- Management and general expenses
- $193,823
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,183,981
Program services were 97.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,802,591
-
3 · Investment income
total $860,640 · related or exempt $860,640 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $125,000 · program services $0 · management and general $125,000 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $31,400 · program services $0 · management and general $31,400 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $11,995 · program services $0 · management and general $11,995 · fundraising $0
-
11a · Fees: management
total $194,701 · program services $194,701 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $5,500 · program services $0 · management and general $5,500 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $800 · management and general $800 · fundraising $0
-
13 · Office expenses
total $6,872 · program services $0 · management and general $6,872 · fundraising $0
-
14 · Information technology
total $3,000 · program services $0 · management and general $3,000 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $0 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $0 · program services $0 · management and general $0 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $41 · program services $0 · management and general $41 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $2,120 · program services $0 · management and general $2,120 · fundraising $0
-
23 · Insurance
total $7,095 · program services $0 · management and general $7,095 · fundraising $0
-
24a · Other expenses: Early Childhood Center Project Costs
total $20,000 · program services $20,000 · management and general $0 · fundraising $0
-
24b · Other expenses: Architecture & Engineering Services
total $864,602 · program services $864,602 · management and general $0 · fundraising $0
-
24c · Other expenses: Construction Services
total $6,104,678 · program services $6,104,678 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $786,737 · end of year $756,683
-
2 · Savings and temporary cash investments
beginning of year $14,235,913 · end of year $16,593,299
-
3 · Pledges and grants receivable
beginning of year $7,879,817 · end of year $7,590,405
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,203 · end of year $1,178
-
10a · Land, buildings and equipment: cost or other basis
$10,600
-
10b · Land, buildings and equipment: accumulated depreciation
$7,814
-
10c · Land, buildings and equipment, net
beginning of year $4,906 · end of year $2,786
-
17 · Accounts payable and accrued expenses
beginning of year $184,087 · end of year $2,934,435
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $647,679 · end of year $1,506,200
-
28 · Net assets with donor restrictions
beginning of year $22,076,810 · end of year $20,503,716
Mission and programs · 2024
Mission
provide education, financial services, fundraising assistance and project management to 501(c)(3) entities in Council Bluffs and southwest Iowa
Activities or mission (Part I)
provide project management and fundraising assistance to 501(c)(3) entities in Council Bluffs and southwest Iowa
-
Project management for River's Edge Development in southwest Iowa along the Missouri River - Phase 4, includes the following features: a park with an observation tower, pier, treetop walk and trails, climbing adventure course, dog park and two play areas to serve children of all ages. This final phase will further complement southwest Iowa's progress and vision to boost the economy, retain talent, attract young adults on the move and create a place of significance that builds pride, culture and community among residents.
Expenses $7,183,981 · Revenue $7,183,981
As filed on the 2024 return.
Listed in Part VII
-
Peter Tulipana
President and CEO
- Total calculated
- $125,000
- From this org
- $125,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
John Burns
board member
- Total calculated
- $0
- Hours/week
- 0
-
Todd Heistand
board member
- Total calculated
- $0
- Hours/week
- 0
-
Jennifer Green
board member
- Total calculated
- $0
- Hours/week
- 0
-
Brenda Mainwaring
board member
- Total calculated
- $0
- Hours/week
- 0
-
Tara Slevin
board member
- Total calculated
- $0
- Hours/week
- 0
-
Steve Wild
board member
- Total calculated
- $0
- Hours/week
- 0
-
Robert Schlott
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
John Nelson
Board Chair
- Total calculated
- $0
- Hours/week
- 0
-
Polina Schlott
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Tom Whitson
Treasurer
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533219349323113
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