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EIN 42-1334933

West Bend Economic Development Corporation

IRS 501(c) type
501(c)(6)
Num. employees
0
City
West Bend
State
Iowa
Year formed
1984
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
West Bend Economic Development Corporation facilitates economic development in the West Bend, Iowa area. The organization has embarked on a housing development project that is in its very early stages. In 2021, land acquisition was made, and survey and mapping were completed in 2022. Construction of infrastructure, such as storm and sanitary sewers and utilities, will likely begin in 2023. The sale of buildable lots will follow thereafter.
Total revenues
$165,148
2023
Total expenses
$11,964
2023
Total assets
$1,186,793
2023
Num. employees
0
2023

Program areas at West Bend Economic Development Corporation

Planning a housing Development has begun very early stages. Land aquisition was made in 2021. Survey and mapping was completed in 2022. Construction of infrastructure such as storm and sanitary sewers, utilities will likely begin in 2024, and sale of building lots for single-family dwellings will begin in 2024.two existing businesses purchased building lots in the industrial park in 2023.

Personnel at West Bend Economic Development Corporation

NameTitleCompensation
Cory ThilgesTreasurer$0
Darin MassnerPresident$0
Lisa M SchmidtSecretary$0

Financials for West Bend Economic Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$17,943
Program services$0
Investment income and dividends$2,705
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,100
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$142,400
Miscellaneous revenues$0
Total revenues$165,148

Form 990s for West Bend Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-15990View PDF
2022-122023-05-15990View PDF
2021-122022-06-02990View PDF
2013-122017-12-05990ERView PDF
2012-122017-12-05990ERView PDF
...and 5 more Form 990s

Organizations like West Bend Economic Development Corporation

OrganizationLocationRevenue
Hancock Cty Economic Dev CorporationGarner, IA$139,049
Greater Owensboro Economic Development CorporationOwensboro, KY$656,295
Sturgis Economic Development CorporationSturgis, SD$340,998
Otsego County Development CorporationOneonta, NY$138,795
Conway Economic Development CorMorrilton, AR$222,903
Chaffee County Economic Development CorporationSalida, CO$337,507
South Dakota Development CorporationSioux Falls, SD$640,183
Winneshiek County DevelopmentDecorah, IA$253,963
Ashland Area Economic DevelopmentAshland, OH$116,051
Dodge City-Ford County Development Corpo rationDodge City, KS$814,836
Data update history
July 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 9, 2024
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 6 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
Partially liquidatedState / local levelReceives government fundingManagement and technical assistanceNo full-time employees
General information
Address
PO Box 111
West Bend, IA 50597
County
Palo Alto County, IA
Website URL
westbendiowa.com/industrial-park/ 
IRS details
EIN
42-1334933
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
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
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