MAHASKA CHAMBER AND DEVELOPMENT GROUP (EIN 421458680) - Form 990 Financial Analysis & Trantor Score

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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

1997

Legal Domicile

Principal Officer

DEANN DEGROOT

Phone

6416722591

Tax Period

2023-01-01 to 2023-12-31

MAHASKA CHAMBER AND DEVELOPMENT GROUP, founded in 1997, is a small nonprofit that reported $711K in total revenue in fiscal year 2023. The organization ran a surplus of $156K, a strong 22% operating margin.

Mission

PROACTIVE COMMUNITY BASED ECONOMIC DEVELOPMENT ORGANIZATION DEDICATED TO PROMOTION & IMPROVEMENT OF THE INDUSTRIAL, RETAIL & BUSINESS ENVIRONMENT OF THE COMMUNITY IN OSKALOOSA & MAHASKA COUNTY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $532,469

Program Service Revenue $164,229

Investment Income $13,867

Other Revenue $0

TOTAL REVENUE $710,565

Expense Breakdown

Grants Paid $65,573

Salaries & Benefits $193,616

Fundraising Expenses $0

Other Expenses $295,833

TOTAL EXPENSES $555,022

Year-over-Year Comparison

	2023	2022	Change
Revenue	$710,565	$698,154	+0.0%
Expenses	$555,022	$535,626	+0.0%
Net Income	$155,543	$162,528	0.0%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

441

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

$66,325

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN OTTOSSON	PAST PRESIDE	1.00	Director	$0	$0	$0
RYAN VAN DALEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE FISHER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JANET HERMSEN	TREASURER	1.00	Officer Director	$0	$0	$0
MARGARET SPIEGEL	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
DEB LINDER	DIRECTOR	1.00	Director	$0	$0	$0
CALVIN BANDSTRA	DIRECTOR	1.00	Director	$0	$0	$0
AMY DEBRUIN	DIRECTOR	1.00	Director	$0	$0	$0
PAM NEWENDORP	DIRECTOR	1.00	Director	$0	$0	$0
PAULA FALCONER	DIRECTOR	1.00	Director	$0	$0	$0
STEVE WANDERS	DIRECTOR	1.00	Director	$0	$0	$0
TAMMY SAUER	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN KOLLASCH	DIRECTOR	1.00	Director	$0	$0	$0
BETH BROSTROM	DIRECTOR	1.00	Director	$0	$0	$0
MOLLY WALKER	DIRECTOR	1.00	Director	$0	$0	$0
DEANN DEGROOT	EXECUTIVE DI	40.00	Officer	$53,689	$12,636	$66,325
BETH DANOWSKY	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN MYERS	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	$710,565	$555,022	$2,025,863	$155,543
2022	$698,154	$535,626	$1,694,459	$162,528
2021	$703,164	$416,118	$1,623,789	$287,046
2020	$527,310	$372,065	$1,280,954	$155,245
2019	$526,478	$548,061	$90,997	$-21,583

MAHASKA CHAMBER AND DEVELOPMENT GROUP