I35 105 Welcome Center Inc

EIN: 421406397 501(c)(3) Community Improvement

Northwood, IA

Total Revenue
$503,314
Total Expenses
$501,748
Total Assets
$313,728
Net Assets
$310,754
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
IA
Principal Officer
Jean Stowell
Phone
6413243184
Tax Period
2023-01-01 to 2023-12-31

I35 105 Welcome Center Inc, founded in 1993, is a small nonprofit in the Community Improvement sector that reported $503K in total revenue in fiscal year 2023.

Mission

Operate Interstate Welcome Center in conjunction with the State of Iowa Department of Transportation.

Program Service Accomplishments

Program 1
Expenses: $501,748 Revenue: $27,487

Operation of Interstate Welcome Center in connection with Iowa Department of Transportation.

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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 $449,285
Program Service Revenue $27,487
Investment Income $1,440
Other Revenue $25,102
TOTAL REVENUE $503,314

Expense Breakdown

Grants Paid $0
Salaries & Benefits $387,756
Fundraising Expenses $0
Program Expenses $501,748
Other Expenses $113,992
TOTAL EXPENSES $501,748

Year-over-Year Comparison

2023 2022 Change
Revenue $503,314 N/A N/A
Expenses $501,748 N/A N/A
Net Income $1,566 N/A N/A
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
8
Independent Members
8
Employees
22
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
4
$87,446
Total Directors
9
$87,446
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jean Stowell CEO 45.00
Officer Director
$87,446 $0 $87,446
Terry Steinmetz President 2.00
Director
$0 $0 $0
Addie Rugland Director 2.00
Officer Director
$0 $0 $0
Sheila Davis Director 2.00
Director
$0 $0 $0
Mike Holstad Vice President 2.00
Officer Director
$0 $0 $0
Doug Fallgatter Director 2.00
Director
$0 $0 $0
Jerry Brunsvold Director 2.00
Director
$0 $0 $0
Kim Hengesteg Treasurer 4.00
Officer Director
$0 $0 $0
Doug Helgeland Director 2.00
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 $503,314 $501,748 $313,728 $1,566
2022 $460,395 $498,767 $312,565 $-38,372
2021 $478,412 $439,808 $313,233 $38,604
2020 $414,550 $380,352 $272,429 $34,198
2019 $460,639 $464,207 $239,280 $-3,568
2018 $458,970 $470,843 $247,179 $-11,873
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