Form 990 for tax year 2024
Filed by IOWA CITY AREA SPORTS COMMISSION.
Totals
- Total revenue
- $603,830
- Total expenses
- $670,039
- Contributions and grants received
- $129,851
- Grants paid
- $71,713
- Program service revenue
- $473,979
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $206,392
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $206,392
- Program services expenses (Part IX)
- $670,039
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $670,039
Program services were 100.0% 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.
-
1d · Related organizations
$129,851
-
2a · Program service revenue: SPORTS COMMISSION REVE
total $473,979 · related or exempt $473,979
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $71,713 · program services $71,713
-
7 · Other salaries and wages
total $163,163 · program services $163,163
-
8 · Pension plan contributions
total $6,496 · program services $6,496
-
9 · Other employee benefits
total $940 · program services $940
-
10 · Payroll taxes
total $11,716 · program services $11,716
-
12 · Advertising and promotion
total $4,312 · program services $4,312
-
22 · Depreciation, depletion and amortization
total $17,968 · program services $17,968
-
23 · Insurance
total $1,054 · program services $1,054
-
24a · Other expenses: EVENT OPERATIONS
total $387,490 · program services $387,490
-
24b · Other expenses: SPORTS COMMISSION ADMIN
total $3,342 · program services $3,342
-
24c · Other expenses: SPORTS COMMISSION SERVI
total $1,845 · program services $1,845
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $79,774 · end of year $5,196
-
10a · Land, buildings and equipment: cost or other basis
$255,137
-
10b · Land, buildings and equipment: accumulated depreciation
$53,941
-
10c · Land, buildings and equipment, net
beginning of year $192,827 · end of year $201,196
-
27 · Net assets without donor restrictions
beginning of year $272,601 · end of year $206,392
Mission and programs · 2024
Mission
THE COMMISSION IS ORGANIZED FOR THE PURPOSE OF FOSTERING NATIONAL OR INTERNATIONAL SPORTS COMPETITION IN THE GREATER IOWA CITY, IOWA METROPOLITAN AREA; TO SUPPORT & DEVELOP AMATEUR FOR NATIONAL & INTERNATIONAL SPORTS COMPETITION.
-
PROVIDE GRANT FUNDING TO AMATEUR ATHLETIC ORGANIZATIONS THAT CONDUCT NATIONAL OR INTERNATIONAL SPORTS COMPETITION IN THE IOWA CITY/CORALVILLE AREA.
Expenses $670,039 · Grants $71,713 · Revenue $473,979
As filed on the 2024 return.
Listed in Part VII
-
Matt HendersonMATT HENDERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Juli Seydell JohnsonJULI SEYDELL JOHNSON
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Emily DownesEMILY DOWNES
CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rick KlattRICK KLATT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dale ArensDALE ARENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Shelly SimpsonSHELLY SIMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Nick BurrellNICK BURRELL
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Liz HubingLIZ HUBING
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Mitch GrossMITCH GROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Nathan EichorstNATHAN EICHORST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Josh SchambergerJOSH SCHAMBERGER
DESIGNATED DIRECTOR
- Total calculated
- $182,102
- From this org
- $0
- From related orgs
- $179,602
- Other
- $2,500
- Hours/week
- 0.25 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $154,602 related
- Bonus
- $0 + $25,000 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $2,500 related
- Filer's total
- $0 + $182,102 related
-
Nick KaedingNICK KAEDING
DESIGNATED DIRECTOR
- Total calculated
- $114,133
- From this org
- $0
- From related orgs
- $114,133
- Other
- $0
- Hours/week
- 0.25 + 40 related
-
Sherri ProudSHERRI PROUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
-
Paul ParkPAUL PARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.25
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
FY25 RSAD GRANTS FOR GIRLS STATE VOLLEYBALL, GIRLS STATE WRESTLING, AND GIRLS STATE TENNIS
-
$11,750
RSAD GRANT FOR SWIMMING EVENTS
-
FY25 RSAD GRANTS FOR BOYS STATE WRESTLING DUALS, STATE SWIMMING, AND BOYS STATE TENNIS
-
$8,500
FY25RSAD GRANT FOR NATIONAL COLLEGIATE WOMEN'S WRESTLING CHAMPIONSHIPS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
IOWA CITYCORALVILLE CONVENTION AND VISITORS BUREAU
501(C)(6) · CONVENTIONS AND TOURISM · IA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503089349301340
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