MID-SIOUX OPPORTUNITY INC

EIN: 420921642 501(c)(3) Human Services

REMSEN, IA

Total Revenue
$14,303,449
Total Expenses
$13,842,791
Total Assets
$5,744,306
Net Assets
$4,414,627
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
IA
Principal Officer
DICK SIEVERS
Phone
7127862001
Tax Period
2023-10-01 to 2024-09-30

MID-SIOUX OPPORTUNITY INC, founded in 1965, is a mid-sized nonprofit in the Human Services sector that reported $14.3M in total revenue in fiscal year 2023. Expenses of $13.8M left a modest 3% surplus.

Mission

SERVICE TO LOW INCOME AND ELDERLY INDIVIDUALS IN IOWA COUNTIES OF PLYMOUTH, SIOUX, LYON, CHEROKEE, AND IDA

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $13,998,958
Program Service Revenue $190,259
Investment Income $26,880
Other Revenue $87,352
TOTAL REVENUE $14,303,449

Expense Breakdown

Grants Paid $4,980,312
Salaries & Benefits $6,002,280
Fundraising Expenses $12,216
Program Expenses $13,779,108
Other Expenses $2,860,199
TOTAL EXPENSES $13,842,791

Year-over-Year Comparison

2023 2022 Change
Revenue $14,303,449 $14,916,715 0.0%
Expenses $13,842,791 $14,840,998 -0.1%
Net Income $460,658 $75,717 +5.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
155
Volunteers
388

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
4
$0
Total Directors
16
$0
Key Employees
2
$179,863
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM LETSCHE PRESIDENT 1.00
Officer Director
$0 $0 $0
CARYN BARRY VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL ANDERSON BOARD MEMBER 1.00
Director
$0 $0 $0
DON KASS BOARD MEMBER 1.00
Director
$0 $0 $0
ANN COLE-NELSON TREASURER 1.00
Director
$0 $0 $0
BARRY THOMPSON BOARD MEMBER 1.00
Director
$0 $0 $0
RICK MONGAN TREASURER 1.00
Officer Director
$0 $0 $0
DAN ALTENA BOARD MEMBER 1.00
Director
$0 $0 $0
KECIA HICKMAN BOARD MEMBER 1.00
Director
$0 $0 $0
EMILY DENEKAS BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG VANDEN BOSCH BOARD MEMBER 1.00
Director
$0 $0 $0
SANDI DESMIT BOARD MEMBER 1.00
Director
$0 $0 $0
TERESA HUNT SECRETARY 1.00
Officer Director
$0 $0 $0
LISA JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
RAYMOND DREY BOARD MEMBER 1.00
Director
$0 $0 $0
MONSIGNOR KENNETH SEIFRIED BOARD MEMBER 1.00
Director
$0 $0 $0
TAMMY NILLES FISCAL DIRECTOR 1.00
Key Emp
$77,760 $0 $77,760
CINDY HARPENAU EXECUTIVE DIRECTOR 40.00
Key Emp
$102,103 $0 $102,103
DICK SIEVERS FORMER EXECUTIVE DIRECTOR 1.00
$25,200 $0 $25,200
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 $14,303,449 $13,842,791 $5,744,306 $460,658
2023 $14,916,715 $14,840,998 $5,409,241 $75,717
2022 $19,629,808 $19,204,718 $5,070,371 $425,090
2021 $10,940,242 $10,435,113 $4,840,658 $505,129
2020 $9,071,843 $8,824,096 $4,602,229 $247,747
2019 $8,993,358 $8,774,301 $3,484,034 $219,057
2018 $8,915,834 $8,683,176 $3,369,245 $232,658
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