MARSHALL ECONOMIC DEVELOPMENT IMPACT COMMITTEE MEDIC

EIN: 421382549 501(c)(3) Community Improvement

MARSHALLTOWN, IA

Total Revenue
$65,000
Total Expenses
$336
Total Assets
$337,223
Net Assets
$337,223
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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
JOHN HALL
Phone
6417536645
Tax Period
2021-07-01 to 2022-06-30

MARSHALL ECONOMIC DEVELOPMENT IMPACT COMMITTEE MEDIC, founded in 1992, is a micro nonprofit in the Community Improvement sector that reported $65K in total revenue in fiscal year 2021. Revenue fell 71% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $65K, a strong 99% operating margin.

Mission

TO PROMOTE EDUCATION, COMMUNITY SERVICES, AND JOB DEVELOPMENT ACTIVITIES TO INCREASE EMPLOYMENT, BUSINESS OPPORTUNITIES, AND THE POPULATION FOR THE ENTIRE MARSHALL COUNTY AREA.

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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 (2021)

Revenue Breakdown

Contributions & Grants $65,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $65,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $336
TOTAL EXPENSES $336

Year-over-Year Comparison

2021 2020 Change
Revenue $65,000 $223,500 -0.7%
Expenses $336 $4,000 -0.9%
Net Income $64,664 $219,500 -0.7%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
17
Independent Members
17
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
1
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN MOELLERS BOARD MEMBER 2.00
Director
$0 $0 $0
PAM DELAGARDELLE BOARD MEMBER 2.00
Director
$0 $0 $0
THERON SCHUTTE BOARD MEMBER 2.00
Director
$0 $0 $0
ABIGAIL PELZER BOARD MEMBER 2.00
Director
$0 $0 $0
JILL LUTES PAST CHAIR 2.00
Director
$0 $0 $0
TODD STEINKAMP BOARD MEMBER 2.00
Director
$0 $0 $0
MIKE MILLER VICE-CHAIR 2.00
Director
$0 $0 $0
DEB WOLLAM BOARD MEMBER 2.00
Director
$0 $0 $0
CAROL HIBBS BOARD MEMBER 2.00
Director
$0 $0 $0
TODD CARL BOARD MEMBER 2.00
Director
$0 $0 $0
JESSICA KINSER BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL BEALS BOARD MEMBER 2.00
Director
$0 $0 $0
JOE CARTER CHAIR 2.00
Director
$0 $0 $0
DAMON MORRISON TREASURER 2.00
Director
$0 $0 $0
DAVE THOMPSON BOARD MEMBER 2.00
Director
$0 $0 $0
ERIN MCGREGOR BOARD MEMBER 2.00
Director
$0 $0 $0
KRISTIE FISHER BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN HALL CHIEF EXECUTIVE OFFICER 2.00
Officer
$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
2022 $65,000 $336 $337,223 $64,664
2021 $223,500 $4,000 $272,559 $219,500
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