Totals
- Total revenue
- $381,117
- Total expenses
- $395,664
- Contributions and grants received
- $243,843
- Grants paid
- $0
- Program service revenue
- $97,107
- Investment income
- $521
- Other revenue
- $39,646
- Total assets, end of year
- $228,268
- Total liabilities, end of year
- $6,587
- Net assets or fund balances, end of year
- $221,681
- Program services expenses (Part IX)
- $241,411
- Management and general expenses
- $150,512
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $202,862
Program services were 61.0% 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.
-
1b · Membership dues
$133,843
-
1e · Government grants (contributions)
$110,000
-
2a · Program service revenue: AG OUTLOOK
total $36,420 · related or exempt $36,420
-
2b · Program service revenue: CHAMBER BOWLING
total $9,572 · related or exempt $9,572
-
2c · Program service revenue: CHAMBER GOLF
total $13,442 · related or exempt $13,442
-
2d · Program service revenue: FLAGFEST
total $13,585 · related or exempt $13,585
-
2e · Program service revenue: PUBLICATION
total $17,200 · related or exempt $17,200
-
2f · All other program service revenue
total $6,888 · related or exempt $6,888
-
3 · Investment income
total $521 · related or exempt $521
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Other income
total $39,646 · excluded $39,646
-
11e · Other revenue, total
$39,646
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $226,599 · program services $147,289 · management and general $79,310
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $57,839 · program services $47,234 · management and general $10,605
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $9,002 · program services $2,306 · management and general $6,696
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $3,741
-
23 · Insurance
total $8,271 · program services $5,056 · management and general $3,215
-
24a · Other expenses: MISC. PROGRAM EXPENSE
total $34,292 · program services $33,091 · management and general $1,201
-
24b · Other expenses: MISC. ADMIN EXPENSE
total $22,249 · program services $635 · management and general $21,614
-
24c · Other expenses: UTILITIES
total $8,309 · management and general $8,309
-
24d · Other expenses: AWARDS/PRIZES/GIFTS/PLAGUES
total $5,670 · program services $5,670
-
24e · All other expenses
total $19,692 · program services $130 · management and general $19,562
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $82,350 · end of year $33,222
-
2 · Savings and temporary cash investments
beginning of year $53,539 · end of year $78,334
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $1,889 · end of year $18,254
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$218,713
-
10b · Land, buildings and equipment: accumulated depreciation
$120,255
-
10c · Land, buildings and equipment, net
beginning of year $102,199 · end of year $98,458
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $2,924 · end of year $6,587
-
19 · Deferred revenue
beginning of year $275
-
25 · Other liabilities
beginning of year $550
-
27 · Net assets without donor restrictions
beginning of year $231,029 · end of year $221,681
-
28 · Net assets with donor restrictions
beginning of year $5,199
Mission and programs · 2022
Mission
Promote civic, economic, industrial, and agricultural development. The association is committed to fostering an environment which creates jobs, enhances economic opportuinities, and improves the quality of life in the area.
-
COUNTY TOURISM-PROVIDING MARKETING TO CLAY COUNTY
Expenses $57,458 · Revenue $70,325
-
Ag Outlook- a gathering to share fellowship with city and farm. To present to city and farm the outlook of ag from leading Ag and Economic experts through a one day educational, agricultural seminar and trade show held in February.
Expenses $43,299 · Revenue $36,420
-
PUBLICATION-PROVIDE A SEMI ANNUAL MAGAZINE PROMOTING THE SPENCER AND ARTICLE HIGHLIGHTING BUSINESSES IN SPENCER.
Expenses $27,884 · Revenue $17,200
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Patty SchulzPATTY SCHULZ
President
- Total calculated
- $0
- Hours/week
- 0.69
-
Logan WoodLOGAN WOOD
Director
- Total calculated
- $0
- Hours/week
- 0.69
-
Chris SelfCHRIS SELF
Director
- Total calculated
- $0
- Hours/week
- 0.69
-
Nathan SchmidtNATHAN SCHMIDT
Director
- Total calculated
- $0
- Hours/week
- 0.69
-
Kelli LarsenKELLI LARSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.69
-
Mike CarlsonMIKE CARLSON
Director
- Total calculated
- $0
- Hours/week
- 0.69
-
Kalei Roskens JoyntKALEI ROSKENS JOYNT
Secretary
- Total calculated
- $0
- Hours/week
- 0.69
-
Dawn SassmanDAWN SASSMAN
Director
- Total calculated
- $0
- Hours/week
- 0.69
-
Heath RicterHEATH RICTER
Director
- Total calculated
- $0
- Hours/week
- 0.69
-
Rod MeenderingROD MEENDERING
Treasurer
- Total calculated
- $0
- Hours/week
- 0.69
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
- 14 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202442279349301634
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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