SHELDON CHAMBER AND DEVELOPMENT COR

EIN: 420984599 Community Improvement

SHELDON, IA

Total Revenue
$562,634
Total Expenses
$491,960
Total Assets
$4,847,679
Net Assets
$2,273,101
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IA
Principal Officer
TANIA HERRERA GONZALES
Phone
7123242813
Tax Period
2023-01-01 to 2023-12-31

SHELDON CHAMBER AND DEVELOPMENT COR, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $563K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $492K left a modest 13% surplus.

Mission

THE SHELDON CHAMBER AND DEVELOPMENT CORPORATION STANDS BY THE MISSION TO PROMOTE A LASTING COMMUNITY "WHERE FAMILIES COME FIRST". AS WITH ANY BUSINESS, WE ARE CONSTANTLY WORKING TO PROVIDE HIGH-QUALITY PROGRAMS, SERVICES, AND AMENITIES WITHIN THE SHELDON COMMUNITY. BY PARTNERING WITH THE SCDC, YOU ARE DIRECTLY SUPPORTING OUR ONGOING EFFORTS IN MAKING SHELDON A BETTER PLACE TO LIVE, WORK, AND CONDUCT BUSINESS.

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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 $218,331
Program Service Revenue $220,719
Investment Income $123,584
Other Revenue $0
TOTAL REVENUE $562,634

Expense Breakdown

Grants Paid $0
Salaries & Benefits $165,237
Fundraising Expenses $0
Program Expenses $365,157
Other Expenses $326,723
TOTAL EXPENSES $491,960

Year-over-Year Comparison

2023 2022 Change
Revenue $562,634 $478,555 +0.2%
Expenses $491,960 $443,592 +0.1%
Net Income $70,674 $34,963 +1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
4
Volunteers
65

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
7
$66,771
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSH OSBORN DIRECTOR 1.00
Officer Director
$0 $0 $0
TREVOR GUTTULA PAST PRESIDE 1.00
Officer Director
$0 $0 $0
APRIL SCHAEFFER SECRETARY/TR 1.00
Officer Director
$0 $0 $0
DANIEL TEN CLAY DIRECTOR 1.00
Director
$0 $0 $0
BRAD HINDT DIRECTOR 1.00
Director
$0 $0 $0
CURT STROUTH EXECUTIVE DI N/A
Officer
$0 $0 $66,771
TOM EGGERS DIRECTOR 1.00
Director
$0 $0 $0
GERED DE HOOGH DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN JONAS PRESIDENT 1.00
Officer Director
$0 $0 $0
CRAIG VAN MEETEREN VICE PRESIDE 1.00
Officer Director
$0 $0 $0
TANIA HERRERA GONZALES INCOMING EXE N/A
Officer
$0 $0 $0
ELISE HUSS 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 $562,634 $491,960 $4,847,679 $70,674
2022 $478,555 $443,592 $4,680,247 $34,963
2021 $558,158 $417,592 $5,090,382 $140,566
2020 $506,153 $561,127 $4,959,118 $-54,974
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