Mission
THE MISSION OF THE MORNING SUN DEVELOPMENT CORP IS TO SUPPORT INITIATIVES THAT HELP DEVELOP, MAINTAIN, AND PROMOTE THE COMMUNITY OF MORNING SUN, IOWA AS AN ATTRACTIVE PLACE TO LIVE, WORK AND DO BUSINESS.
Public Charity
MORNING SUN DEVELOPMENT CORP
Based in MORNING SUN, IA, MORNING SUN DEVELOPMENT CORP operates as a Public Charity. The organization reported $27K in revenue, $52K in expenses, $742K in total assets for fiscal year 2025. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $11K.
EIN: 421279953
MORNING SUN, IA
Support N.E.C.
NTEE: S19
Latest filing: 2025
Total Revenue$27K
Total Expenses$52K
Total Assets$742K
Grant Records2
Funding Total$11K
Filing Years2021–2025
Where $100 goes at Morning Sun Development Corp
How Morning Sun Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$93
Programs
the work itself
$7
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 $93 for programs
$93
The organization is engaged in positively promoting the town and community of Morning Sun, iowa
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
DIRECTOR
Connie Malone
PRESIDENT
David Pierce
VICE PRESIDE
Mary Zoeckler
DIRECTOR
Patricia Schaefer
DIRECTOR
Pat Thomas
DIRECTOR
Sandy Mcelhinney
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $27K | $52K | $742K |
| 2024 | $29K | $56K | $767K |
| 2023 | $25K | $44K | $794K |
| 2022 | $20K | $44K | $813K |
| 2021 | $100K | $81K | $837K |
Between 2021 and 2025, reported annual revenue declined from $100K to $27K (-73%), with total assets most recently reported at $742K.
Interactive year-over-year charts and full filing details available with membership.