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Iowa Development Corporation

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Category: Community Improvement, Capacity Building / Community, Neighborhood Development, Improvement (General) (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$961k (2023)

Expenses
$995k (2023)

Total Assets
$1.9M (2023)

Total Liabilities
$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$960,698
Expenses
$994,819
Net Income
-$34,121
Net Assets
$1,898,196
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $960,698
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,898,196
Total Liabilities $0
Net Assets $1,898,196
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
John Linch (Director) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Vice President) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Secretary) $0 $0 $0
John Rigler Iii (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,069,596
Expenses
$1,098,560
Net Income
-$28,964
Net Assets
$1,932,406
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,069,596
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,932,406
Total Liabilities $0
Net Assets $1,932,406
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
John Linch (Director) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Vice President) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Secretary) $0 $0 $0
John Rigler Iii (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,417,715
Expenses
$1,465,463
Net Income
-$47,748
Net Assets
$1,961,500
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,417,715
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,961,500
Total Liabilities $0
Net Assets $1,961,500
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
John Linch (Director) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Vice President) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Secretary) $0 $0 $0
John Rigler Iii (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,972,645
Expenses
$1,880,555
Net Income
$92,090
Net Assets
$1,991,798
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,972,645
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,991,798
Total Liabilities $0
Net Assets $1,991,798
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
John Linch (Director) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Vice President) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Secretary) $0 $0 $0
John Rigler Iii (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,353,150
Expenses
$2,776,744
Net Income
-$423,594
Net Assets
$1,884,629
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,353,150
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,884,629
Total Liabilities $0
Net Assets $1,884,629
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
John Linch (Director) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Secretary) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Director) $0 $0 $0
John Rigler Iii (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,843,160
Expenses
$1,734,744
Net Income
$108,416
Net Assets
$2,289,316
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,843,160
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,289,316
Total Liabilities $0
Net Assets $2,289,316
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
John Linch (Director) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Secretary) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,186,364
Expenses
$2,088,111
Net Income
$98,253
Net Assets
$2,162,207
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,186,364
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,162,207
Total Liabilities $0
Net Assets $2,162,207
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
Kent Jehle (Vice President) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Secretary) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,710,823
Expenses
$1,767,996
Net Income
-$57,173
Net Assets
$2,044,238
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,710,823
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,044,238
Total Liabilities $0
Net Assets $2,044,238
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
Kent Jehle (Vice President) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Secretary) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,356,610
Expenses
$2,078,616
Net Income
$277,994
Net Assets
$2,082,385
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,356,610
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,082,385
Total Liabilities $0
Net Assets $2,082,385
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
Kent Jehle (Vice President) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Secretary) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,250,538
Expenses
$2,374,025
Net Income
$876,513
Net Assets
$1,785,344
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,250,538
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,785,344
Total Liabilities $0
Net Assets $1,785,344
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
Kent Jehle (Vice President) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Secretary) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,418,279
Expenses
$1,443,142
Net Income
-$24,863
Net Assets
$889,938
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,418,279
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $889,938
Total Liabilities $0
Net Assets $889,938
Compensation
Key Employees and Officers Compensation Related Other
Dennis Murdock (President) $0 $0 $0
Kent Jehle (Vice President) $0 $0 $0
John Sorensen (Treasurer) $0 $0 $0
Bruce Tamisiea (Secretary) $0 $0 $0
Daniel T Robeson (Executive Dir.) $0 $0 $0
Rand Fisher (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,651,594
Expenses
$1,465,166
Net Income
$186,428
Net Assets
$895,868
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,651,594
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $895,868
Total Liabilities $0
Net Assets $895,868

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,679,834
Expenses
$1,373,431
Net Income
$306,403
Net Assets
$691,677
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,679,834
100%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $691,677
Total Liabilities $0
Net Assets $691,677

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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