EIN 42-1305986

Wayland Economic Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
0
State
Year formed
1988
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Wayland Economic Development Corporation encourages and promotes economic development in the Wayland, Iowa community. It facilitates development in the area where its mission is to develop a ten-acre industrial site to provide buildings for five new businesses, creating employment opportunities for around 70 individuals. Additionally, it provides a building for a health clinic serving approximately 10,000 people.
Total revenues
$267,142
2023
Total expenses
$25,179
2023
Total assets
$1,064,780
2023
Num. employees
0
2023

Program areas at Wayland Economic Development Corporation

To develop a ten acre industrial site to provide buildings for five new businesses and employing approximately 70 Individuals.
Provide a Loan to the new community daycare from the Revolving loan Fund. Which opened in July of 2024.
Provide a space for Health Clinic in Wayland, which is operated by the county hospital.

Personnel at Wayland Economic Development Corporation

NameTitleCompensation
Robert MeyerTreasurer$0
Tim EgliPresident$0
Barry LeichtyVice President$0
Bob MeyerTreasurer$0
Darrell SmithPresident$0
...and 2 more key personnel

Financials for Wayland Economic Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$28,584
Program services$0
Investment income and dividends$1,023
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$12,540
Net gain from sale of non-inventory assets$184,824
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$40,171
Miscellaneous revenues$0
Total revenues$267,142

Form 990s for Wayland Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-09-07990View PDF
2021-122022-09-26990View PDF
2020-122021-10-27990View PDF
2019-122020-10-09990View PDF
...and 8 more Form 990s

Organizations like Wayland Economic Development Corporation

OrganizationLocationRevenue
Pike District PartnershipPotomac, MD$180,000
Dickinson Area Economic Development AllianceIron Mountain, MI$207,111
Umpqua Economic Development PartnershipRoseburg, OR$209,426
Mon Valley AllianceMonongahela, PA$471,469
Rutherford County Economic Development AssociationForest City, NC$126,875
Stuart Enterprise for Economic Development (SEED)Stuart, IA$609,482
Wakulla County Economic Development CouncilCrawfordville, FL$176,246
Tech AlpharettaAlpharetta, GA$554,872
Arlington Community DevelopmentArlington, SD$152,269
Washington Economic Development Association IonSeattle, WA$767,858
Data update history
January 21, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 7, 2025
Used new vendors
Identified 1 new vendor, including
November 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelReceives government fundingNo full-time employees
General information
Address
PO Box 157
Wayland, IA 52654
Metro area
Iowa City, IA
County
Henry County, IA
Phone
(319) 653-5431
IRS details
EIN
42-1305986
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
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
Independent
Free account sign-up

Want updates when Wayland Economic Development Corporation has new information, or want to find more organizations like Wayland Economic Development Corporation?

Create free Cause IQ account