IOWA CONSTRUCTION CAREER INSTITUTE (EIN 421445872) - 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

1912

Legal Domicile

Principal Officer

CHAD KLEPPE

Phone

5152888904

Tax Period

2023-11-01 to 2024-10-31

IOWA CONSTRUCTION CAREER INSTITUTE, founded in 1912, is a community nonprofit in the Unknown sector that reported $6.4M in total revenue in fiscal year 2023. Revenue surged 771% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.9M, a strong 93% operating margin.

Mission

THE IOWA CONSTRUCTION CAREER INSTITUTE'S MISSION IS TO PROVIDE AWARENESS OF VARIOUS CAREERS AND PROFESSIONAL EDUCATION AVAILABLE IN THE CONSTRUCTION INDUSTRY.

🔒

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 $5,533,565

Program Service Revenue $746,025

Investment Income $78,672

Other Revenue $0

TOTAL REVENUE $6,358,262

Expense Breakdown

Grants Paid $81,059

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $450,290

Other Expenses $369,231

TOTAL EXPENSES $450,290

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,358,262	$729,762	+7.7%
Expenses	$450,290	$280,138	+0.6%
Net Income	$5,907,972	$449,624	+12.1%

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

Employees

N/A

Volunteers

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

$453,653

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD KLEPPE	PRESIDENT/CEO	1.00	Officer	$0	$21,070	$283,229
LAURIE DELMOTT	COO	1.00	Officer	$0	$16,378	$170,424
MIKE ESPESET	CHAIRMAN (BEG MAR 24)	1.00	Officer Director	$0	$0	$0
ERIC BRIDGEWATER	DIRECTOR	1.00	Director	$0	$0	$0
GORDON PARKER	VICE CHAIR (BEG MAR 24)	1.00	Officer Director	$0	$0	$0
MATT THOMPSON	TREASURER (BEG MAR 24)	1.00	Officer Director	$0	$0	$0
RANDY CLARAHAN	PAST CHAIRMAN (BEG MAR 24)	1.00	Officer Director	$0	$0	$0
PAUL KOESTER	PAST CHAIRMAN (THRU FEB 24)	1.00	Officer Director	$0	$0	$0
RUSS ACTON	DIRECTOR (THRU FEB 24)	1.00	Director	$0	$0	$0
STEVE FERGUSON	DIRECTOR	1.00	Officer Director	$0	$0	$0
AMY FETTERS	DIRECTOR	1.00	Director	$0	$0	$0
DARRIN GILETT	DIRECTOR	1.00	Director	$0	$0	$0
ERIC HAMMER	DIRECTOR	1.00	Director	$0	$0	$0
FRANK KING	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE RICH	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLE SCHMIDT	DIRECTOR	1.00	Director	$0	$0	$0
BRENT THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
JOEL VEENSTRA	DIRECTOR	1.00	Director	$0	$0	$0
DAN WARD	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
2024	$6,358,262	$450,290	$8,873,415	$5,907,972
2023	$729,762	$280,138	$2,758,593	$449,624
2022	$602,886	$310,354	$2,232,165	$292,532
2021	$401,283	$236,695	$1,955,983	$164,588
2020	$412,307	$345,843	$1,694,343	$66,464
2019	$512,452	$311,687	$1,570,021	$200,765
2018	$441,694	$300,760	$1,090,668	$140,934

IOWA CONSTRUCTION CAREER INSTITUTE