Totals
- Total revenue
- $1,955,755
- Total expenses
- $829,531
- Contributions and grants received
- $28,185
- Grants paid
- $4,600
- Program service revenue
- $610,964
- Investment income
- $854,263
- Other revenue
- $462,343
- Total assets, end of year
- $7,600,448
- Total liabilities, end of year
- $577,051
- Net assets or fund balances, end of year
- $7,023,397
- Program services expenses (Part IX)
- $724,906
- Management and general expenses
- $104,625
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $724,906
Program services were 87.4% 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.
-
1e · Government grants (contributions)
$20,986
-
1f · All other contributions, gifts and grants
$7,199
-
2a · Program service revenue: DEVELOPMENT AGREEMENTS
total $246,500 · related or exempt $246,500
-
2b · Program service revenue: REC CENTER MEMBERSHIPS
total $213,653 · unrelated business $213,653
-
2c · Program service revenue: MUSEUM MEMBERSHIPS
total $90,589 · related or exempt $90,589
-
2d · Program service revenue: MUSEUM ADMISSIONS
total $60,222 · related or exempt $60,222
-
3 · Investment income
total $30,367 · excluded $30,367
-
5 · Royalties
total $6,967 · related or exempt $6,967
-
6a · Gross rents
real property $125,020
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $125,020
-
6d · Net rental income or loss
total $125,020 · related or exempt $120,634 · unrelated business $4,386
-
7a · Gross sales of assets other than inventory
other assets $2,087,286
-
7b · Less cost or other basis and sales expenses
other assets $1,263,390
-
7c · Gain or loss
other assets $823,896
-
7d · Net gain or loss
total $823,896 · excluded $823,896
-
8a · Fundraising events: gross income
$71,821
-
8b · Fundraising events: direct expenses
$13,467
-
8c · Net income from fundraising events
total $58,354 · unrelated business $11,264 · excluded $47,090
-
10a · Gross sales of inventory
$601,270
-
10b · Cost of goods sold
$381,546
-
10c · Net income from sales of inventory
total $219,724 · related or exempt $216,523 · unrelated business $3,201
-
11a · Other revenue: BASKETBALL/SOCCER
total $25,976 · unrelated business $25,976
-
11b · Other revenue: FACILITY PASSES
total $11,316 · unrelated business $11,316
-
11c · Other revenue: BREWERY / RENO PROJECTS
total $8,923 · related or exempt $8,923
-
11d · All other revenue
total $6,063 · related or exempt $280 · unrelated business $5,783
-
11e · Other revenue, total
$52,278
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,600 · program services $4,600
-
4 · Benefits paid to or for members
total $15,642 · program services $15,642
-
5 · Compensation of officers, directors and key employees
total $140,629 · program services $63,283 · management and general $77,346
-
7 · Other salaries and wages
total $173,593 · program services $173,593
-
8 · Pension plan contributions
total $5,560 · management and general $5,560
-
9 · Other employee benefits
total $12,498 · program services $12,498
-
10 · Payroll taxes
total $23,087 · program services $16,845 · management and general $6,242
-
11b · Fees: legal
total $3,097 · program services $774 · management and general $2,323
-
11c · Fees: accounting
total $12,956 · program services $3,239 · management and general $9,717
-
11g · Fees: other
total $11,250 · program services $11,250
-
12 · Advertising and promotion
total $13,366 · program services $13,366
-
13 · Office expenses
total $30,731 · program services $30,731
-
16 · Occupancy
total $155,144 · program services $155,144
-
17 · Travel
total $4,582 · program services $1,145 · management and general $3,437
-
19 · Conferences, conventions and meetings
total $9,330 · program services $9,330
-
22 · Depreciation, depletion and amortization
total $81,377 · program services $81,377
-
23 · Insurance
total $39,052 · program services $39,052
-
24a · Other expenses: CREDIT CARD FEES
total $23,217 · program services $23,217
-
24b · Other expenses: SUMMER SHOW
total $19,862 · program services $19,862
-
24c · Other expenses: OPERATING SUPPLIES
total $12,609 · program services $12,609
-
24d · Other expenses: BASKETBALL/SOCCER
total $8,036 · program services $8,036
-
24e · All other expenses
total $29,313 · program services $29,313
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year -$1,692 · end of year -$17,678
-
2 · Savings and temporary cash investments
beginning of year $187,799 · end of year $1,871,003
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $837,387
-
8 · Inventories for sale or use
beginning of year $3,234,869 · end of year $3,046,244
-
9 · Prepaid expenses and deferred charges
beginning of year $3,982 · end of year $4,115
-
10a · Land, buildings and equipment: cost or other basis
$3,938,964
-
10b · Land, buildings and equipment: accumulated depreciation
$2,304,078
-
10c · Land, buildings and equipment, net
beginning of year $2,787,277 · end of year $1,634,886
-
14 · Intangible assets
beginning of year $3,469 · end of year $1,917
-
15 · Other assets
beginning of year $437,885 · end of year $222,574
-
17 · Accounts payable and accrued expenses
beginning of year $43,916 · end of year $97,051
-
23 · Secured mortgages and notes payable
beginning of year $710,000 · end of year $480,000
-
25 · Other liabilities
beginning of year $2,500 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $5,897,173 · end of year $7,023,397
Mission and programs · 2022
Mission
TO SERVE, PROMOTE AND SECURE INDUSTRY, BUSINESS AND THE WELL-BEING OF THE DYERSVILLE COMMUNITY THROUGH BUSINESS RETENTION AND EXPANSION, NEW BUSINESS DEVELOPMENT, WORKFORCE DEVELOPMENT, AND COMMUNITY DEVELOPMENT.
Activities or mission (Part I)
TO SERVE, PROMOTE AND SECURE INDUSTRY, BUSINESS AND THE WELL-BEING OF THE DYERSVILLE COMMUNITY THROUGH BUSINESS RETENTION AND EXPANSION, NEW BUSINESS DEVELOPMENT, WORKFORCE DEVELOPMENT, AND COMMUNITY DEVELOPMENT
-
THE RECREATION CENTER EXISTS TO PROVIDE THE CITIZENS OF DYERSVILLE AND THE SURROUNDING AREA WITH A FACILITY TO IMPROVE AND MAINTAIN THEIR PHYSICAL WELL-BEING. THERE WERE APPROXIMATELY 500 MEMBERSHIPS OUTSTANDING IN 2022.
Expenses $270,661 · Revenue $3,313
-
THE MUSEUM IS INTENDED TO PROVIDE A NATIONAL COLLECTION OF FARM TOYS. THE MUSEUM IS OPEN TO THE PUBLIC. THERE WERE 10,069 PAID ADMISSIONS TO THE MUSEUM IN 2022.
Expenses $231,768 · Revenue $232,193
-
THE TOY SHOW IS TO PROMOTE THE NATIONAL FARM TOY MUSEUM. COLLECTORS GATHER EACH YEAR TO DISPLAY AND SELL THEIR COLLECTIONS AND TOUR THE MUSEUM. THERE WERE 87 EXHIBITORS AT THE 2022 SUMMER TOY SHOW.
Expenses $192,862 · Revenue $152,302
-
DYERSVILLE INDUSTRIES, INC EXISTS TO PROMOTE THE INDUSTRIAL EXPANSION OF THE CITY OF DYERSVILLE. THERE WERE 5 JOBS ADDED IN 2022.
Expenses $29,615 · Grants $4,600 · Revenue $362,830
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dave BellDAVE BELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Tim EnglishTIM ENGLISH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Roger GibbsROGER GIBBS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jesse StegerJESSE STEGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Marcel KiellkuckiMARCEL KIELLKUCKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Barry KlostermanBARRY KLOSTERMAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Doris KoopmanDORIS KOOPMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Nathan RundeNATHAN RUNDE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve SalterSTEVE SALTER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dave SchroederDAVE SCHROEDER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dan ZitelmanDAN ZITELMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dave BuchheitDAVE BUCHHEIT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Dennis TheirDENNIS THEIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
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
- 31 May 2023
- IRS schema version
- 2022v5.0
- Source object
- 202332339349301338
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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