CEDAR RAPIDS IOWA CITY MECHANICAL CONTRACTING INDUSTRY DEVELOPMENT FUND (EIN 237401919) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

SCOT STOLTENBERG

Phone

5153342616

Tax Period

2024-01-01 to 2024-12-31

CEDAR RAPIDS IOWA CITY MECHANICAL CONTRACTING INDUSTRY DEVELOPMENT FUND, founded in 1978, is a small nonprofit that reported $373K in total revenue in fiscal year 2024. Expenses of $337K left a modest 10% surplus.

Mission

TO PROMOTE AND ADVANCE THE INTEREST OF THE MECHANICAL CONTRACTING INDUSTRY; TO PROMOTE ADEQUATE AND SAFE PLUMBING, HEATING, PROCESS PIPING, REFRIGERATION AND AIR CONDITIONING THROUGH EDUCATION, RESEARCH AND DEVELOPMENT PROGRAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $363,759

Investment Income $9,562

Other Revenue $0

TOTAL REVENUE $373,321

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $335,713

TOTAL EXPENSES $337,213

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,321	$347,906	+0.1%
Expenses	$337,213	$326,970	+0.0%
Net Income	$36,108	$20,936	+0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$226,747

Total Directors

$226,747

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOT STOLTENBERG	EXECUTIVE V P	2.00	Officer Director	$0	$29,948	$226,747
DAVID HUSTON	PAST CHAIRPERSON	2.00	Officer Director	$0	$0	$0
STEPHANIE TUCKER	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
MIKE SMITH	SEC/TREASURER	2.00	Officer Director	$0	$0	$0
STEVE SWEENEY	VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$373,321	$337,213	$308,833	$36,108
2023	$347,906	$326,970	$269,802	$20,936
2022	$346,789	$267,228	$236,487	$79,561
2021	$308,797	$260,191	$181,863	$48,606
2020	$265,480	$271,093	$134,558	$-5,613
2019	$280,788	$278,629	$131,113	$2,159
2018	$266,061	$281,270	$115,014	$-15,209

CEDAR RAPIDS IOWA CITY MECHANICAL CONTRACTING INDUSTRY DEVELOPMENT FUND