- Revenue 2025
- $803,983
- Expenses 2025
- $1,496,479
Program services were 84.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S31Z
- Classification
- 1000
- Street
- 149 W BROADWAY
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2025
Mission
The 712 Initiative is aimed at improving the economic vitality in redevelopment areas through investments in the built environment, activating public spaces and delivering programs that increase social engagement and healthy lifestyles.
-
Rentals-The 712 revitalizes areas through investments in the built environment by buying distressed properties, renovating, and operating mixed use rental properties. These provide much needed housing while also activiating public spaces by having people live and work in these areas.
Expenses $863,464 · Revenue $763,947
-
Quality of Life-Enhancing community life and well-being by increasing social connectedness of residents in Council Bluffs, IA through endeavors that activate public spaces, create new forms of entertainment and support current attractions/events. The 712 fosters partnerships with the public and private sectors to provide quality options for recreation and healthy lifestyles. In 2025 The 712 hosted events suchs as the Shamrock Shuffle which had 376 participants, Celebrate CB that had 1,600 people participate in the parade with over 5,000 spectators and a Farmers Market which averaged 650 people attending each week it was held. The 712 also partnered with others for events to bring the community together.
Expenses $212,578 · Revenue $38,812
-
Neighborhood Building-Strengthening neighborhoods city wide with programming which provides general support while increasing public engagement in redevelopment projects, public space improvement and community events. As part of these efforts, The 712 has a block party trailer that has equipment and games that neighborhoods can borrow to help strengthen neighborhood relationships. The 712 also has equipment that can be used to put on movie nights. To further improve neighborhoods. During 2025 The 712 donated 2 properties for home construction and sold 4 homes it had completed rehabilitation and new construction on.
Expenses $132,021 · Grants $35,675 · Revenue $36,672
-
Development- The 712 improves economic vitality in redevelopment areas through investemnts to improve the variety of quality housing and commercial stock in Council Bluffs. These investemnts attract new professionals and residents to the community. The 712s efforts to attract new property investments are accomplished through introduction of new developers to the community and through The 712 buying and rehabilitating properties.
Expenses $58,576 · Revenue $27,887
As filed on the 2025 return.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Chris LaFerla
Chief Executive Officer
- Total calculated
- $160,651
- From this org
- $72,991
- From related orgs
- $72,991
- Other
- $14,669
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us · ignoring case and punctuation
- Base
- $72,991 + $72,991 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $7,196 + $7,473 related
- Filer's total
- $80,187 + $80,464 related
-
Wyatt Greenwood
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jennifer Fletcher
Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nikki Rauth
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Shane Hoss
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jessica Vanderpool
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dave Wise
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Brent Hoesing
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John Dresher
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dave Burd
Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Hannah Smith
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dr Vickie Murillo
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Scott Hartman
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Mark Hanwright
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dan Kinney
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jeremy Majeres
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
George Barton
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
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. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $803,983
- Expenses
- $1,496,479
- Contributions
- $61,326
- Grants paid
- $35,675
-
2024
- Revenue
- $766,149
- Expenses
- $1,782,182
- Contributions
- $227,792
- Grants paid
- $28,191
-
2023
- Revenue
- $3,930,489
- Expenses
- $1,980,109
- Contributions
- $3,222,751
- Grants paid
- $439,942
-
2022
- Revenue
- $4,004,166
- Expenses
- $1,459,822
- Contributions
- $3,547,316
- Grants paid
- $218,157
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2024 · 990-T
- Revenue
- not reported
- Expenses
- not reported
- Assets (EOY)
- not reported
-
2020 · 990
- Revenue
- $1,451,387
- Expenses
- $1,108,241
- Assets (EOY)
- $7,450,789
-
2019 · 990
- Revenue
- $4,453,157
- Expenses
- $4,759,230
- Assets (EOY)
- $9,383,928
-
2018 · 990
- Revenue
- $1,480,738
- Expenses
- $835,474
- Assets (EOY)
- $12,532,268
-
2016 · 990
- Revenue
- $841,704
- Expenses
- $954,151
- Assets (EOY)
- $7,914,424
-
2015 · 990
- Revenue
- $3,077,635
- Expenses
- $2,723,706
- Assets (EOY)
- $7,912,442
-
2014 · 990
- Revenue
- $1,836,308
- Expenses
- $2,350,376
- Assets (EOY)
- $7,546,039
-
2013 · 990
- Revenue
- $466,594
- Expenses
- $616,463
- Assets (EOY)
- $8,326,978
-
2012 · 990
- Revenue
- not reported
- Expenses
- $513,055
- Assets (EOY)
- $8,619,368
-
2011 · 990
- Revenue
- not reported
- Expenses
- $550,983
- Assets (EOY)
- $8,671,645
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
no cash amount reported
2025 Construction of homes for low income
Grants received
-
$250,000
2022 COMMUNITY DEVELOPMENT
-
$150,000
2023 Community Improvement
-
$150,000
2022 Community Improvement
-
$22,500
2022 EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
-
2022 GENERAL SUPPORT
-
2022 GENERAL SUPPORT
-
2023 GENERAL SUPPORT
-
2023 DOWNPAYMENT ASSISTANCE
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2025 return
-
Council Bluffs Chamber of Commerce
501c6 · Business networking, workforce development and advocacy · IA
-
CB Chamber of Commerce Foundation
501c3 · Support CB Chamber functions · IA
Declared as related by
-
COUNCIL BLUFFS CHAMBER OF COMMERCE
On its 2025 return as a controlled entity
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2025 return
-
Residential and Commercial Rents · IA · income $487,223 · assets $2,605,323
-
Residential and Commercial Rents · IA · income $276,724 · assets $4,865,815
-
Residential and Commercial Rents · IA · assets $511,047
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.