IOWA ASSOCIATION OF BUSINESS AND INDUSTRY

EIN: 420332900

DES MOINES, IA

Total Revenue
$2,545,756
Total Expenses
$2,602,152
Total Assets
$1,987,277
Net Assets
$601,034
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
IA
Principal Officer
NICOLE CRAIN
Phone
5152808000
Tax Period
2024-07-01 to 2025-06-30

IOWA ASSOCIATION OF BUSINESS AND INDUSTRY, founded in 1984, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

STATE OF IOWA'S UNIFIED VOICE FOR BUSINESS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $247,125
Program Service Revenue $1,975,404
Investment Income $37,898
Other Revenue $285,329
TOTAL REVENUE $2,545,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,429,552
Fundraising Expenses $0
Other Expenses $1,172,600
TOTAL EXPENSES $2,602,152

Year-over-Year Comparison

2024 2023 Change
Revenue $2,545,756 $2,725,575 -0.1%
Expenses $2,602,152 $2,636,714 0.0%
Net Income $-56,396 $88,861 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
57
Independent Members
57
Employees
17
Volunteers
80

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
12
$535,146
Total Directors
62
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAD REECE CHAIR 1.00
Officer Director
$0 $0 $0
KELLAN LONGENECKER VICE CHAIR 1.00
Officer Director
$0 $0 $0
KIM AUGSPURGER PAST CHAIR 1.00
Officer Director
$0 $0 $0
KATHRYN KUNERT TREASURER 1.00
Officer Director
$0 $0 $0
TIM BIANCO SECRETARY 1.00
Officer Director
$0 $0 $0
LESLEY BARTHOLOMEW EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
HANK NOREM EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
KELLI O'BRIEN EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
NATE WEATON EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
TOM YEOMAN EXECUTIVE COMMITTEE 1.00
Officer Director
$0 $0 $0
CHRIS LAFERLA DIRECTOR 1.00
Director
$0 $0 $0
STEVE ANDERSON DIRECTOR 1.00
Director
$0 $0 $0
KELLY BARRICK DIRECTOR 1.00
Director
$0 $0 $0
HEATHER BRUCE DIRECTOR 1.00
Director
$0 $0 $0
JACK CARRA DIRECTOR 1.00
Director
$0 $0 $0
CONNOR DEERING DIRECTOR 1.00
Director
$0 $0 $0
RICH DWYER DIRECTOR 1.00
Director
$0 $0 $0
MIKE ESPESET DIRECTOR 1.00
Director
$0 $0 $0
KATHY EVERT DIRECTOR 1.00
Director
$0 $0 $0
RACHEL GEILENFELD DIRECTOR 1.00
Director
$0 $0 $0
ROGER HARGENS DIRECTOR 1.00
Director
$0 $0 $0
BRAD HENNINGSEN DIRECTOR 1.00
Director
$0 $0 $0
STEVE JACOBS DIRECTOR 1.00
Director
$0 $0 $0
SARAH JAMES DIRECTOR 1.00
Director
$0 $0 $0
PHIL JONES DIRECTOR 1.00
Director
$0 $0 $0
RICK KADANSKY DIRECTOR 1.00
Director
$0 $0 $0
DUSTIN KATJE DIRECTOR 1.00
Director
$0 $0 $0
JERRY KRANTZ DIRECTOR 1.00
Director
$0 $0 $0
MARY LANDHUIS DIRECTOR 1.00
Director
$0 $0 $0
KEVIN LENTZ DIRECTOR 1.00
Director
$0 $0 $0
TODD MCDONALD DIRECTOR 1.00
Director
$0 $0 $0
ED MCGREEN DIRECTOR 1.00
Director
$0 $0 $0
JACK MCFARLAND DIRECTOR 1.00
Director
$0 $0 $0
KELLY MCGRIFF DIRECTOR 1.00
Director
$0 $0 $0
BILL MCKIM DIRECTOR 1.00
Director
$0 $0 $0
CASEY MILLS DIRECTOR 1.00
Director
$0 $0 $0
ERIC MOERMAN DIRECTOR 1.00
Director
$0 $0 $0
CHRIS SACKETT DIRECTOR 1.00
Director
$0 $0 $0
GRETCHEN SPEAR DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER STEFFENSMEIER DIRECTOR 1.00
Director
$0 $0 $0
ANDREW ST JOHN DIRECTOR 1.00
Director
$0 $0 $0
BRUCE TAMISIEA DIRECTOR 1.00
Director
$0 $0 $0
JULIE VANDE HOEF DIRECTOR 1.00
Director
$0 $0 $0
MINDI VANDENBOSCH DIRECTOR 1.00
Director
$0 $0 $0
DREW VOGEL DIRECTOR 1.00
Director
$0 $0 $0
PETER VOORHEES DIRECTOR 1.00
Director
$0 $0 $0
JOSH WILFORD DIRECTOR 1.00
Director
$0 $0 $0
CASEY CASON DIRECTOR 1.00
Director
$0 $0 $0
TIM CONLON DIRECTOR 1.00
Director
$0 $0 $0
KIRK MCCOLLOUGH DIRECTOR 1.00
Director
$0 $0 $0
BRAD NIELSEN DIRECTOR 1.00
Director
$0 $0 $0
BETHANY PAUTSCH DIRECTOR 1.00
Director
$0 $0 $0
STACEY PELLETT DIRECTOR 1.00
Director
$0 $0 $0
CHARLES REEVES DIRECTOR 1.00
Director
$0 $0 $0
JOHN RICHES DIRECTOR 1.00
Director
$0 $0 $0
CHAD RUBNER DIRECTOR 1.00
Director
$0 $0 $0
TIM COONAN DIRECTOR 1.00
Director
$0 $0 $0
JOSH BYERS DIRECTOR (THRU 2/2025) 1.00
Director
$0 $0 $0
KATIE HALL DIRECTOR (THRU 2/2025) 1.00
Director
$0 $0 $0
LIZ HOBART DIRECTOR (THRU 12/2024) 1.00
Director
$0 $0 $0
ANDY SCHRINER DIRECTOR (THRU 12/2024) 1.00
Director
$0 $0 $0
RICK TOLLAKSON DIRECTOR (THRU 1/2025) 1.00
Director
$0 $0 $0
NICOLE CRAIN PRESIDENT 40.00
Officer
$198,096 $15,242 $213,338
MICHAEL RALSTON PRESIDENT (THRU 12/2024) 40.00
Officer
$293,664 $28,144 $321,808
ANDREW DAVIS VICE PRESIDENT OF PUBLIC POLICY 40.00
Highest
$160,782 $13,591 $174,373
BRADLEY HARTKOPF SENIOR DIRECTOR, PUBLIC POLICY 40.00
Highest
$108,489 $18,442 $126,931
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 $2,545,756 $2,602,152 $1,987,277 $-56,396
2024 $2,725,575 $2,636,714 $2,160,499 $88,861
2023 $2,415,368 $2,427,537 $2,221,419 $-12,169
2022 $2,357,818 $2,210,984 $1,426,111 $146,834
2021 $2,238,405 $2,000,736 $1,298,020 $237,669
2020 $1,752,877 $1,916,011 $1,115,863 $-163,134
2019 $2,394,054 $2,367,240 $1,064,410 $26,814
2018 $2,321,481 $2,271,150 $1,048,189 $50,331
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare IOWA ASSOCIATION OF BUSINESS AND INDUSTRY with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.