Public Charity

ELDORA INDUSTRIAL DEVELOPMENT CORPORATION

ELDORA INDUSTRIAL DEVELOPMENT CORPORATION is a Public Charity headquartered in ELDORA, IA. Financial data from the 2022 filing: $4K revenue, $3K expenses, $502K total assets.

EIN: 237351006 ELDORA, IA Business & Industry NTEE: S40 Latest filing: 2022
Total Revenue$4K
Total Expenses$3K
Total Assets$502K
Grant Records0
Filing Years2017–2022

Mission

Economic Development. The corporation is dedicated to the promotion of industrial and economic development within the community of Eldora, Iowa. The corporation's purpose is to assist in alleviating economic hardships and unemployment in this rural area, as well as combat community deterioration.

Where $100 goes at Eldora Industrial Development Corporation

How Eldora Industrial Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The corporation promotes commercial and industrial development and retention by owning real estate and making it available for use by local businesses and employers who might not otherwise…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Ben Cutler
DIRECTOR & PRESIDENT David Rubow
DIRECTOR David Vanderwilt
DIRECTOR Deb Crosser
DIRECTOR Leon Herndon
DIRECTOR & TREASURER Marc Anderson

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2022 $4K $3K $502K
2020 $34K $18K $500K
2019 $14K $49K $485K
2018 $33K $16K $664K
2017 $58K $57K $660K

Between 2017 and 2022, reported annual revenue declined from $58K to $4K (-92%), with total assets most recently reported at $502K.

Interactive year-over-year charts and full filing details available with membership.

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