EIN 42-1484176

Iowa Lakes Corridor Development Cor

IRS 501(c) type
501(c)(6)
Num. employees
4
City
Spencer
State
Year formed
1992
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Iowa Lakes Corridor Development Cor fosters, encourages, aids or otherwise assists in the economic growth and development of the four-county region of Buena Vista, Clay, Dickinson and Emmet Counties in Iowa. The organization assures employers have access to an adequate and well-trained workforce with an emphasis on worker attraction/retention, worker training/new skills, career education, and adequate funding. It also provides an infrastructure conducive to business development with an emphasis on housing, transportation communications, and volunteer/leader development.
Total revenues
$425,923
2023
Total expenses
$545,516
2023
Total assets
$1,436,042
2023
Num. employees
4
2023

Program areas at Iowa Lakes Corridor Development Cor

Workforce - assuring employers have access to an adequate and well-trained workforce, with an emphasis on worker attraction/retention, worker training/new skills, career education, and adequate funding.
Business Development - create an environment for business Development and job growth by emphasizing existing and high value business, communications, issue action, and marketing.
Housing/infrastructure - providing an infrastructure conducive to business Development, with an emphasis on housing, transportation communications, and volunteer/leader Development.

Personnel at Iowa Lakes Corridor Development Cor

NameTitleCompensation
Tom NelsonVice President of Business Development
Shannon LandauerPresident and Chief Executive Officer with More$87,500
Brad BeckChair$0
Dr. Brian LenzmeierBoard Member$0
Doug BenjaminChair / Treasurer / Board Member$0
...and 8 more key personnel

Financials for Iowa Lakes Corridor Development Cor

RevenuesFYE 12/2023
Total grants, contributions, etc.$413,704
Program services$0
Investment income and dividends$12,219
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$425,923

Form 990s for Iowa Lakes Corridor Development Cor

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-04990View PDF
2022-122023-10-30990View PDF
2021-122022-11-15990View PDF
2021-062022-02-04990View PDF
2020-062021-05-17990View PDF
...and 11 more Form 990s

Organizations like Iowa Lakes Corridor Development Cor

OrganizationLocationRevenue
Four Corners Economic DevelopmentFarmington, NM$724,705
Monroevillemonroe County Economic Development AuthorityMonroeville, AL$249,409
Regional Economic Development Corporation for East IdahoIdaho Falls, ID$235,873
One Southern IndianaNew Albany, IN$1,937,491
Greater Oshkosh Economic Development Corporation (GO-EDC)Oshkosh, WI$439,073
Washington RoundtableSeattle, WA$1,702,796
Invest Buffalo Niagara (BNE)Buffalo, NY$1,951,908
Forest City Economic DevelopmentForest City, IA$233,730
Clallam County Ecomomic Development CNCLPort Angeles, WA$786,318
Economic Development Center of Washington CountyGreenville, MS$644,722
Data update history
November 5, 2024
Updated personnel
Identified 7 new personnel
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 3 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelEndowed support
General information
Address
520 2nd Ave E Ste 2
Spencer, IA 51301
County
Clay County, IA
Website URL
lakescorridor.com/ 
Phone
(712) 264-3474
IRS details
EIN
42-1484176
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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