ICR IOWA

EIN: 820959727

CEDAR RAPIDS, IA

Total Revenue
$100,000
Total Expenses
$66,067
Total Assets
$99,913
Net Assets
$93,877
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
IA
Principal Officer
DOUG NUEMANN
Phone
3093391388
Tax Period
2021-01-01 to 2021-12-31

ICR IOWA, founded in 2016, is a small nonprofit that reported $100K in total revenue in fiscal year 2021. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $34K, a strong 34% operating margin.

Mission

TO ENSURE IOWA CITY-CEDAR RAPIDS (ICR) PROSPERS THROUGH COMMUNITY-ALIGNED BUSINESS ATTRACTION AND WORKFORCE DEVELOPMENT. OUR PARTNERS INCLUDE THE SEVEN COUNTIES OF BENTON, CEDAR, IOWA, JOHNSON, JONES, LINN, AND WASHINGTON.

Program Service Accomplishments

Program 1
Expenses: $39,545 Revenue: $0

ICR TALENT: COALITION OF HUMAN RESOURCE DIRECTORS AND PARTNER ORGANIZATIONS WORKING TOGETHER TO RECRUIT AND RETAIN DIVERSE PROFESSIONALS IN HIGH-DEMAND OCCUPATIONS. THEIR ACTIVITIES, IN COMING YEARS...

Read more

ICR TALENT: COALITION OF HUMAN RESOURCE DIRECTORS AND PARTNER ORGANIZATIONS WORKING TOGETHER TO RECRUIT AND RETAIN DIVERSE PROFESSIONALS IN HIGH-DEMAND OCCUPATIONS. THEIR ACTIVITIES, IN COMING YEARS, WILL FOCUS ON MATCHING PROFESSIONALS TO REGIONAL CAREER OPPORTUNITIES, PROVIDING A "WINGMAN" FOR NEWCOMERS TO SUPPORT THEIR TRANSITION TO THE REGION, DEVELOPING REGION-WIDE DIVERSITY NETWORKS, AND WORKING TO GROW REGIONAL COLLEGE INTERNSHIPS.

Program 2
Expenses: $2,594 Revenue: $0

CHOOSE ICR: COALITION OF ECONOMIC DEVELOPERS, UTILITY PROVIDERS AND EMPLOYERS WORKING TOGETHER TO INVITE NEW COMPANIES TO LOCATE TO OUR REGION. THEIR ACTIVITIES, IN COMING YEARS, WILL FOCUS ON...

Read more

CHOOSE ICR: COALITION OF ECONOMIC DEVELOPERS, UTILITY PROVIDERS AND EMPLOYERS WORKING TOGETHER TO INVITE NEW COMPANIES TO LOCATE TO OUR REGION. THEIR ACTIVITIES, IN COMING YEARS, WILL FOCUS ON DEVELOPING ROBUST INDUSTRY CLUSTER KNOWLEDGE AND STRATEGIES, ATTENDING CONFERENCES TO BUILD KNOWLEDGE AND CONNECT WITH COMPANIES WHO MAY BE INTERESTED IN FUTURE EXPANSIONS, MEETING WITH SITE CONSULTANTS TO SHARE KNOWLEDGE ABOUT THE REGION, CONTINUING TO DEVELOP THE REGION AS A GREAT PLACE TO LOCATE.

Program 3
Expenses: $2,125 Revenue: $0

ICR INCLUSION: WORKING WITH ORGANIZATIONS TO DEVELOP INCLUSIVE PROGRAMMING.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $100,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,572
Other Expenses $66,067
TOTAL EXPENSES $66,067

Year-over-Year Comparison

2021 2020 Change
Revenue $100,000 $108,291 -0.1%
Expenses $66,067 $112,106 -0.4%
Net Income $33,933 $-3,815 -9.9%
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

Sign In

Governance

Voting Members
8
Independent Members
6
Employees
N/A
Volunteers
12

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BROWN LYDIA PRESIDENT 0.10
Officer Director
$0 $0 $0
FUNK CHARLIE VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
FRUIN GEOFF TREASURER 0.10
Officer Director
$0 $0 $0
BURNS PAUL SECRETARY 0.10
Officer Director
$0 $0 $0
SKOGMAN CHRIS BOARD MEMBER 0.10
Director
$0 $0 $0
MATTHES PETER BOARD MEMBER 0.10
Director
$0 $0 $0
SUNDBERG LORI BOARD MEMBER 0.10
Director
$0 $0 $0
PARMLEY ANNE BOARD MEMBER 0.10
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
2021 $100,000 $66,067 $99,913 $33,933
Explore More Nonprofits
Top 100 Nonprofits in Iowa Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ICR IOWA with other nonprofits in Iowa and across the country.