COUNCIL BLUFFS INDUSTRIAL FOUNDATION (EIN 420757957) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

BRETT EDWARDS

Phone

7123251000

Tax Period

2023-01-01 to 2023-12-31

COUNCIL BLUFFS INDUSTRIAL FOUNDATION, founded in 1954, is a small nonprofit that reported $125K in total revenue in fiscal year 2023. Revenue fell 89% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $86K, a strong 69% operating margin.

Mission

THE COUNCIL BLUFFS INDUSTRIAL FOUNDATION'S MISSION IS TO PROMOTE THE INDUSTRIAL GROWTH OF THE CITY OF COUNCIL BLUFFS THROUGH THE DEVELOPMENT AND REFURBISHMENT OF LAND FOR SALE TO BUSINESSES

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,850

Program Service Revenue $0

Investment Income $92,113

Other Revenue $31,088

TOTAL REVENUE $125,051

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $38,710

TOTAL EXPENSES $38,710

Year-over-Year Comparison

	2023	2022	Change
Revenue	$125,051	$1,102,234	-0.9%
Expenses	$38,710	$37,326	+0.0%
Net Income	$86,341	$1,064,908	-0.9%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRETT EDWARDS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSH KALLSEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RON TEKIPPE	DIRECTOR	1.00	Director	$0	$0	$0
NATOSHA SKILES	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DEWEY	DIRECTOR	1.00	Director	$0	$0	$0
MARK ANDERSEN	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN STULL	DIRECTOR	1.00	Director	$0	$0	$0
LYLE DITMARS	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE DOLL	DIRECTOR	1.00	Director	$0	$0	$0
MITCH LANE	DIRECTOR	1.00	Director	$0	$0	$0
MATT O'REILLY	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$125,051	$38,710	$7,348,297	$86,341
2022	$1,102,234	$37,326	$7,270,280	$1,064,908
2021	$22,540	$29,826	$6,216,835	$-7,286
2020	$16,105	$36,296	$6,218,134	$-20,191
2019	$1,415,470	$51,847	$6,240,370	$1,363,623
2018	$451,353	$52,828	$4,882,847	$398,525

COUNCIL BLUFFS INDUSTRIAL FOUNDATION