MAHASKA CHAMBER AND DEVELOPMENT GROUP

EIN: 421458680

OSKALOOSA, IA

Total Revenue
$710,565
Total Expenses
$555,022
Total Assets
$2,025,863
Net Assets
$1,906,263
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
IA
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 & TO DEVELOPMENT OF BOTH VISION & LEADERSHIP TO ENHANCE THE QUALITY OF LIFE IN OSKALOOSA & MAHASKA COUNTY.

Program Service Accomplishments

Program 1

ORGANIZED MANY EVENTS SUCH AS ART ON THE SQUARE, CHRISTMAS IN JULY, SWEET CORN/SERENADE, LIGHTED CHRISTMAS PARADE, FIREWORKS, FRIDAY AFTER FIVE, AWARDS CELEBRATION, POLITICAL FORUMS, ETC. EXPANDED...

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ORGANIZED MANY EVENTS SUCH AS ART ON THE SQUARE, CHRISTMAS IN JULY, SWEET CORN/SERENADE, LIGHTED CHRISTMAS PARADE, FIREWORKS, FRIDAY AFTER FIVE, AWARDS CELEBRATION, POLITICAL FORUMS, ETC. EXPANDED TOURISM EFFORTS WITH COUNTY-WIDE VISITORS' GUIDE AND DISTRIBUTION OF 5,000 COPIES. THESE EVENTS BENEFITED APPROXIMATELY 22,000 PEOPLE WITH OVER 2,000 COMMUNITY SERVICE HOURS. GATHERED STATE ECONOMIC IMPACT DATA FOR MANY EVENTS.

Program 2

EXPANDED COUNTY-WIDE ECONOMIC DEVELOPMENT EFFORTS. THESE EFFORTS INCLUDED PREPARATION OF A 499-ACRE CERTIFIED SITE INDUSTRIAL DEVELOPLMENT, TRANSLOAD FACILITY PLANNING AND DEVELOPMENT STUDY, AND A...

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EXPANDED COUNTY-WIDE ECONOMIC DEVELOPMENT EFFORTS. THESE EFFORTS INCLUDED PREPARATION OF A 499-ACRE CERTIFIED SITE INDUSTRIAL DEVELOPLMENT, TRANSLOAD FACILITY PLANNING AND DEVELOPMENT STUDY, AND A MODES PEL AND NEPA STUDY - TRAFFIC AND ENGINEERING STUDIES FOR A CONNECTOR HIGHWAY. THE PROJECTS WERE DONE IN PARTNERSHIP WITH THE CITY OF OSKALOOSA AND MAHASKA COUNTY AND WILL BENEFIT 22,000 PEOPLE WITHIN THE SURROUNDING AREA.

Program 3

WORKED ON COMMUNITY BETTERMENT INCLUDING LITTER REMOVAL, FLOWER PLANTING AND MAINTENANCE, SET UP OF THE UNIQUE "PAINTING WITH LIGHTS" HOLIDAY DECORATIONS, AND THE HIGH SCHOOL SCHOLARSHIP PROGRAM...

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WORKED ON COMMUNITY BETTERMENT INCLUDING LITTER REMOVAL, FLOWER PLANTING AND MAINTENANCE, SET UP OF THE UNIQUE "PAINTING WITH LIGHTS" HOLIDAY DECORATIONS, AND THE HIGH SCHOOL SCHOLARSHIP PROGRAM. HUNDREDS OF VOLUNTEER HOURS WERE UTILIZED. ADDITIONALLY, GRANTS WERE WRITTEN AND RECEIVED FOR CITIES WITHIN THE COUNTY TO BE USED FOR THE BEAUTIFICATION IN THOSE COMMUNITIES IN ADDITION TO OSKALOOSA PROPER. FURTHERMORE, THE CHAMBER PROMOTED NEW BUSINESS AND EXISTING BUSINESS BY PROVIDING STARTUP INFORMATION, GRANT WRITING, DESIGN ASSISTANCE, AND FUND FINDING SESSIONS. THE HISTORIC RESTORATION OF DOWNTOWN BUILDINGS WAS ALSO PROMOTED USING CONTINUING GRANTS. HUNDREDS OF VOLUNTEER HOURS WERE UTILIZED IN THESE EFFORTS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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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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Governance

Voting Members
17
Independent Members
17
Employees
5
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
5
$66,325
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
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
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