Nonprofit · EIN 26-2830881
DES MOINES DOWNTOWN CHAMBER OF COMMERCE
Tax-exempt · DES MOINES, IA 50305
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $98,472 | $132,698 | -$34,226 | $52,803 | $4,262 | $48,541 |
| December 31, 2024 | 990-EZ | $131,732 | $125,551 | $6,181 | $89,218 | $0 | $89,218 |
| December 31, 2023 | 990 | $204,780 | $146,203 | $58,577 | $83,037 | $1,841 | $81,196 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Membership dues
- $95,810
- Program service revenue
- $250
- Investment income
- $204
- Net income from fundraising events
- $2,208
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $72,000
- Salaries, compensation and benefits (total)
- $77,765
- Professional fees and payments to contractors
- $5,656
- Printing, publications and postage
- $441
- Other expenses
- $48,836
Balance sheet and other
- Total assets, start of year
- $89,218
- Total assets, end of year
- $52,803
- Total liabilities, end of year
- $4,262
- Net assets, end of year
- $48,541
- Cash, savings and investments
- $50,918
- Gross receipts
- $120,697
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jimmy Olsen | Executive Director | 40 | $72,000 | $11,307 |
| Joseph Benesh | Vice President | 4 | $0 | $0 |
| Ric D'Amico | Director | 2 | $0 | $0 |
| Wyatt Reicherts | Past President | 2 | $0 | $0 |
| Dylan Kneip | Treasurer | 2 | $0 | $0 |
| Tony Timm | President | 4 | $0 | $0 |
| David Fast | Secretary | 2 | $0 | $0 |
| Renae Mauk | Director | 2 | $0 | $0 |
| Sachin Saghel | Director | 2 | $0 | $0 |
| Cody Christensen | Director | 2 | $0 | $0 |
| Brad Freeman | Director | 2 | $0 | $0 |
| Mara Struhar | Director | 2 | $0 | $0 |
| Ross Atwood | Director | 2 | $0 | $0 |
| Bridget Rasmusson | Director | 2 | $0 | $0 |
| Jared Hassman | Director | 2 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karen Ligas | Director | 2 | $0 |
| Jose Vitteri | Director | 2 | $0 |
| Brock Conrad | Director | 2 | $0 |
990-EZ for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jimmy Olsen | Executive Director | 40 | $65,000 |
| Joseph Benesh | Vice President | 4 | $0 |
| Ric D'Amico | Board Member | 2 | $0 |
| Jaclyn Taylor | Past President | 2 | $0 |
| Wyatt Reicherts | President | 4 | $0 |
| Dylan Kneip | Treasurer | 2 | $0 |
| Tony Timm | Director | 2 | $0 |
| David Fast | Director | 2 | $0 |
| Amanda Nagle | Director | 2 | $0 |
| Renae Mauk | Director | 2 | $0 |
| Erin Knupp | Director | 2 | $0 |
| Sachin Saghel | Director | 2 | $0 |
| Octavius Evans | Director | 2 | $0 |
| Amy Wallman Madden | Director | 2 | $0 |
| Cody Christensen | Director | 2 | $0 |
| Jennifer Curtis | Secretary | 2 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jimmy Olsen | Executive Director Key employee, Highest-paid employee | 40 | $28,700 |
| Joseph Benesh | Vice President Trustee or director, Officer | 4 | $0 |
| Ric D'Amico | Board Member Trustee or director | 2 | $0 |
| Jaclyn Taylor | Past President Trustee or director | 2 | $0 |
| Wyatt Reicherts | President Trustee or director, Officer | 4 | $0 |
| Dylan Kneip | Treasurer Trustee or director, Officer | 2 | $0 |
| Tony Timm | Director Trustee or director | 2 | $0 |
| David Fast | Director Trustee or director | 2 | $0 |
| Amanda Nagle | Director Trustee or director | 2 | $0 |
| Renae Mauk | Director Trustee or director | 2 | $0 |
| Erin Knupp | Director Trustee or director | 2 | $0 |
| Sachin Saghel | Director Trustee or director | 2 | $0 |
| Octavius Evans | Director Trustee or director | 2 | $0 |
| Amy Wallman Madden | Director Trustee or director | 2 | $0 |
| Cody Christensen | Director Trustee or director | 2 | $0 |
| Jennifer Curtis | Secretary Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1906, DES MOINES, IA 50305-1906
- In care of
- % HEIDI KERNDT
- Mailing address (990-N for 2012)
- 301 Grand Avenue, Des Moines IA 50309
- Principal officer (990-N for 2012)
- Heidi Kerndt, 100 east Grand Ave Suite 200, Des Moines IA 50309
- Signed the 990-EZ
- Jimmy Olsen, Executive Director
- Phone
- (515) 297-6333
- Return prepared by
- Sweeney Consulting Group
Mission
The Des Moines Chamber of Commerce promotes the success and sustained growth of Downtown Des Moines by proactively providing information and resources, facilitating knowledge-sharing and elevating understanding of economic issues.
Program accomplishments
- DIG is a series of economic development and community impact educational events held throughout the year to inform attendees of projects, challenges, and opportunities facing the community.
- Annual Celebration - Come together to hear about the successes of the last year, recognize members who've gone above and beyond, and celebrate as we look forward to the year to come.
- Other programs include Downtown Council, 6 Degrees, Legislative Coffees, LEAP, Summer Skyline Series, and ribbon cutting ceremonies
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-2830881
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $52,803
- Income (IRS master file)
- $120,697
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $98,472 | $132,698 | $52,803 | IRS |
| 990-EZ | December 2024 | $131,732 | $125,551 | $89,218 | XML |
| 990 | December 2023 | $204,780 | $146,203 | $83,037 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
| 990-N for 2012 Officer: Heidi Kerndt | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
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 26-2830881).
Questions about DES MOINES DOWNTOWN CHAMBER OF COMMERCE
- What is the EIN of DES MOINES DOWNTOWN CHAMBER OF COMMERCE?
- The employer identification number (EIN) of DES MOINES DOWNTOWN CHAMBER OF COMMERCE is 26-2830881.
- Is DES MOINES DOWNTOWN CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2025.
- Are donations to DES MOINES DOWNTOWN CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does DES MOINES DOWNTOWN CHAMBER OF COMMERCE 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 DES MOINES DOWNTOWN CHAMBER OF COMMERCE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DES MOINES DOWNTOWN CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of DES MOINES DOWNTOWN CHAMBER OF COMMERCE?
- The 990-N for 2012 names Heidi Kerndt.
- Who are the officers and directors of DES MOINES DOWNTOWN CHAMBER OF COMMERCE?
- The 990-EZ for the year ended December 31, 2025 lists 18 people; 1 received compensation from the organization, the highest $72,000 (Jimmy Olsen, Executive Director).
- How much revenue does DES MOINES DOWNTOWN CHAMBER OF COMMERCE have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $98,472, expenses of $132,698 and total assets of $52,803 at year end.
Other nonprofits in DES MOINES
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- GREATER DES MOINES PARTNERSHIP EIN 42-1489668 · last filed 990 for 2025
- BIOCONNECT IOWA EIN 45-3690618 · last filed 990 for 2025
- CENTER AT SIXTH EIN 88-2816453 · last filed 990 for 2024
- IOWA RURAL HEALTH TELECOMMUNICATIONS PROGRAM EIN 46-2933510 · last filed 990 for 2024
- DOWNTOWN DES MOINES SELF-SUPPORTED MUNICIPAL IMPROVEMENT DISTRICT EIN 86-1058466 · last filed 990 for 2025
- NEIGHBORHOOD INVESTMENT CORPORATION EIN 42-1522241 · last filed 990 for 2025
- IOWA CITIZENS FOR COMMUNITY IMPROVEMENT EIN 42-1110721 · last filed 990 for 2025
All nonprofits in DES MOINES · Iowa · Community improvement and capacity building