IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT (EIN 421376887) - 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

1992

Legal Domicile

Principal Officer

WENDY ZIMMERMANN

Phone

3193540863

Tax Period

2023-07-01 to 2024-06-30

IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT, founded in 1992, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Expenses of $1.8M exceeded revenue, resulting in a 20% operating deficit.

Mission

OUR MISSION IS TO CHAMPION THE IOWA CITY DOWNTOWN DISTRICT AS A PROGRESSIVE, HEALTHY, AND CULTURALLY-VIBRANT URBAN CENTER OF THE REGION.

🔒

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 $1,332,259

Program Service Revenue $163,458

Investment Income $3,068

Other Revenue $0

TOTAL REVENUE $1,498,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $355,357

Fundraising Expenses $0

Program Expenses $1,723,192

Other Expenses $1,437,531

TOTAL EXPENSES $1,792,888

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,498,785	$1,420,051	+0.1%
Expenses	$1,792,888	$1,388,859	+0.3%
Net Income	$-294,103	$31,192	-10.4%

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

N/A

Employees

Volunteers

125

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
BETSY POTTER	TOP MGMNT OF	40.00	Highest	$112,500	$0	$112,500
TONY BRANCH	SECRETARY	2.00	Officer Director	$0	$0	$0
ANGIE BROWN	TREASURER	2.00	Officer Director	$0	$0	$0
SOPHIE DONTA	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN FELKER	DIRECTOR	1.00	Director	$0	$0	$0
JOSH IMMERFALL	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KIEFT	DIRECTOR	1.00	Director	$0	$0	$0
MACY KRALL	DIRECTOR	1.00	Director	$0	$0	$0
DIEGO LASANSKY	DIRECTOR	1.00	Director	$0	$0	$0
JAY LEAVESSEUR	DIRECTOR	1.00	Director	$0	$0	$0
NINA LOHMAN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTEN MONDANARO	DIRECTOR	1.00	Director	$0	$0	$0
CHARLIE NUSSER	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
JASON PAULIOS	PRESIDENT EL	1.00	Officer Director	$0	$0	$0
JEET SAINI	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE SKINNER	DIRECTOR	1.00	Director	$0	$0	$0
BETHANY YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
WENDY ZIMMERMANN	PRESIDENT	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	$1,498,785	$1,792,888	$260,174	$-294,103
2023	$1,420,051	$1,388,859	$549,945	$31,192
2022	$1,321,560	$1,359,223	$210,596	$-37,663
2021	$1,258,773	$1,219,828	$316,882	$38,945
2020	$1,098,600	$1,147,677	$219,697	$-49,077
2019	$1,106,492	$1,093,127	$269,088	$13,365

IOWA CITY DOWNTOWN SELF SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT