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EIN 42-1084764

Sigourney Area Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
4
City
Sigourney
State
Iowa
Year formed
1970
Most recent tax filings
2022-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Sigourney Area Development Corporation promotes economic growth by attracting businesses, managing a revolving loan fund and an industrial park.
Total revenues
$46,488
2022
Total expenses
$32,149
2022
Total assets
$759,196
2022
Num. employees
4
2022

Program areas at Sigourney Area Development Corporation

Provide services to attract and maintain businesses in community. We purchased land for an industrial park and are marketing it. Two lots are filled. The remaining acres are in crp or being rented until they are filled. We also have purchaseed and sold land for a retirement community Development to help in freeing-up housing for families employed in the local businesses.
We manage a revolving loan fund for businesses that are start-up or expanding their business in the Area.

Personnel at Sigourney Area Development Corporation

NameTitleCompensation
Dustin MacDonaldExecutive Director$984
Jeff GraffPresident$0
Lucas MeierPast President / Vice President$0
Shannon StevensSecretary$0
Judy FrankTreasurer$5,067
...and 9 more key personnel

Financials for Sigourney Area Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$14,718
Program services$6,526
Investment income and dividends$493
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$3,494
Net gain from sale of non-inventory assets$2,251
Net income from fundraising events$7,298
Net income from gaming activities$11,410
Net income from sales of inventory$0
Miscellaneous revenues$298
Total revenues$46,488

Form 990s for Sigourney Area Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-11-11990View PDF
2020-122021-08-11990View PDF
2019-122021-06-08990View PDF
2018-122019-07-12990View PDF
...and 9 more Form 990s

Organizations like Sigourney Area Development Corporation

OrganizationLocationRevenue
Northwest Nebraska Development CorporationChadron, NE$127,120
Eisenhower Avenue Public-Private PartnershipAlexandria, VA$107,249
Seaside Downtown Development AssociationSeaside, OR$78,384
Downtown Honesdale RevitalizationHonesdale, PA$186,726
Newport City Renaissance CorporationNewport, VT$64,914
Arkansas Valley Alliance for Economic DevelopmentRussellville, AR$226,206
On Hand Development CorporationMiller, SD$203,773
Theodore Roosevelt Expressway AssociationWilliston, ND$104,750
Harrison County Development CorporationLogan, IA$109,148
La Paz Economic Development CorporationParker, AZ$178,223
Data update history
July 7, 2023
Updated personnel
Identified 2 new personnel
July 2, 2022
Posted financials
Added Form 990 for fiscal year 2020
October 3, 2021
Posted financials
Added Form 990 for fiscal year 2019
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2017
September 30, 2020
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsFundraising eventsState / local levelNo full-time employees
General information
Address
112 E Washington St
Sigourney, IA 52591
County
Keokuk County, IA
Website URL
sigourney.com/ 
Phone
(641) 622-2288
IRS details
EIN
42-1084764
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1970
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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