Nonprofit · EIN 20-1825070
CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION
Tax-exempt · WATERLOO, IA 50701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $176,785 | $182,732 | -$5,947 | $77,468 | $339 | $77,129 |
| December 31, 2023 | 990-EZ | $153,950 | $132,219 | $21,731 | $121,607 | $562 | $121,045 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $144,785
- of which government grants
- $70,000
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- $32,000
- Other revenue
- $32,000
Expenses
- Grants and similar amounts paid
- $73,105
- Compensation of officers, directors and key employees
- $59,828
- Salaries, compensation and benefits (total)
- $72,295
- Professional fundraising fees
- $0
- Accounting fees
- $637
- Travel
- $2,609
- Program services (functional)
- $73,105
- Management and general (functional)
- $109,627
Balance sheet and other
- Total assets, start of year
- $83,638
- Total assets, end of year
- $77,468
- Total liabilities, end of year
- $339
- Net assets, end of year
- $77,129
- Net assets without donor restrictions
- $77,129
- Gross unrelated business income
- $32,000
- Gross receipts
- $208,785
- Employees
- 1
- Volunteers
- 10
- Year formed
- 2004
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ashley Johnson | Executive Director Key employee, Highest-paid employee | 40 | $59,828 |
| Darren Corson | Board Member Trustee or director | 1 | $0 |
| Ryan Shaw | Board Member Trustee or director | 1 | $0 |
| Tavis Hall | Board Member Trustee or director | 1 | $0 |
| Jordan Martin | Board Member Trustee or director | 1 | $0 |
| Sheila Kittleson | President Trustee or director | 2 | $0 |
| Kelly Nicholson | Vice President Trustee or director | 1 | $0 |
| Jennifer Pickar | Board Member Trustee or director | 1 | $0 |
| Mary Greenley | Board Member Trustee or director | 1 | $0 |
| Amy Thole | Board Member Trustee or director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Ashley Johnson | Executive Director | 40 | $52,000 | $6,880 |
| Darren Corson | Board Member | 1 | $0 | $0 |
| Ryan Shaw | Board Member | 1 | $0 | $0 |
| Tavis Hall | Board Member | 1 | $0 | $0 |
| Jim Burbridge | Board Member | 1 | $0 | $0 |
| Sheila Kittleson | President | 2 | $0 | $0 |
| Justin Schemmel | Board Member | 1 | $0 | $0 |
| Kelly Nicholson | Vice President | 1 | $0 | $0 |
| Jennifer Pickar | Board Member | 1 | $0 | $0 |
| Mary Greenley | Board Member | 1 | $0 | $0 |
| Amy Thole | Board Member | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 JEFFERSON ST, WATERLOO, IA 50701-5422
- In care of
- % JAMES MARLIN
- Principal officer (990 for 2024)
- Ashley Johnson, 2626 Falcon Ln, Cedar Falls, IA 50613
- Signed the 990
- Ashley Johnson, Executive Director
- Phone
- (319) 493-5371
Mission
To attract, create, and support sports and entertainment programs that have a positive impact on the economy and qualify of life of residents of the Cedar Valley.
Program accomplishments
- The Cedar Valley Sports and Entertainment Commission exists to attract, create, and support sports and entertainment programs that have a positive impact on the economy and quality of life of the entire Cedar Valley.Expenses $73,105 · grants $73,105
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-1825070
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N12)
- Assets (IRS master file)
- $77,468
- Income (IRS master file)
- $208,785
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $176,785 | $182,732 | $77,468 | IRS |
| 990-EZ | December 2023 | $153,950 | $132,219 | $121,607 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1825070).
Questions about CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION
- What is the EIN of CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION?
- The employer identification number (EIN) of CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION is 20-1825070.
- Is CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2005.
- Are donations to CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION?
- The 990 for the year ended December 31, 2024 names Ashley Johnson.
- Who are the officers and directors of CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION?
- The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $59,828 (Ashley Johnson, Executive Director).
- How much revenue does CEDAR VALLEY SPORTS AND ENTERTAINMENT COMMISSION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $176,785, expenses of $182,732 and total assets of $77,468 at year end.
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