Form 990 for tax year 2022
Filed by IOWA CITY AREA SPORTS COMMISSION.
Totals
- Total revenue
- $1,370,700
- Total expenses
- $1,209,144
- Contributions and grants received
- $447,860
- Grants paid
- $0
- Program service revenue
- $922,840
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $260,341
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $260,341
- Program services expenses (Part IX)
- $1,209,144
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,209,144
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
$447,860
-
2a · Program service revenue: SPORTS COMMISSION REVE
total $922,840 · related or exempt $922,840
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $122,781 · program services $122,781
-
8 · Pension plan contributions
total $4,998 · program services $4,998
-
9 · Other employee benefits
total $1,926 · program services $1,926
-
10 · Payroll taxes
total $9,613 · program services $9,613
-
12 · Advertising and promotion
total $139,385 · program services $139,385
-
22 · Depreciation, depletion and amortization
total $12,476 · program services $12,476
-
24a · Other expenses: EVENT OPERATIONS
total $915,170 · program services $915,170
-
24b · Other expenses: SPORTS COMMISSION ADMIN
total $1,748 · program services $1,748
-
24c · Other expenses: SPORTS COMMISSION SERVI
total $1,047 · program services $1,047
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $64,770 · end of year $51,428
-
10a · Land, buildings and equipment: cost or other basis
$228,800
-
10b · Land, buildings and equipment: accumulated depreciation
$19,887
-
10c · Land, buildings and equipment, net
beginning of year $171,389 · end of year $208,913
-
25 · Other liabilities
beginning of year $137,374 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $98,785 · end of year $260,341
Mission and programs · 2022
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 $1,209,144 · Revenue $922,840
As filed on the 2022 return.
Listed in Part VII
-
MATT HENDERSON
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JULI SEYDELL JOHNSON
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
EMILY DOWNES
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
RICK KLATT
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
DALE ARENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHELLY SIMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NICK BURRELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
RAQUISHA HARRINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LIZ HUBING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MITCH GROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NATHAN EICHORST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHERRI PROUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOSH SCHAMBERGER
DESIGNATED DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
NICK KAEDING
DESIGNATED DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
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
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303129349300715
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