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Nonprofit · EIN 42-0332900

IOWA ASSOCIATION OF BUSINESS & INDUSTRY

Tax-exempt · DES MOINES, IA 50309

Financials

$2.4M$2.4M2022$2.7M$2.6M2023$2.5M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of IOWA ASSOCIATION OF BUSINESS & INDUSTRY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,545,756$2,602,152-$56,396$1,987,277$1,386,243$601,034
June 30, 2024990$2,725,575$2,636,714$88,861$2,160,499$1,533,817$626,682
June 30, 2023990$2,415,368$2,427,537-$12,169$2,221,419$1,635,099$586,320
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$247,125
Program service revenue
$1,975,404
Investment income
$37,898
Royalties
$10,047
Other revenue
$285,329

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$343,808
Other salaries and wages
$847,166
Salaries, compensation and benefits (total)
$1,429,552
Professional fundraising fees
$0
Legal fees
$42,871
Accounting fees
$22,924
Occupancy
$177,214
Travel
$14,487
Depreciation
$7,790

Balance sheet and other

Total assets, start of year
$2,160,499
Total assets, end of year
$1,987,277
Total liabilities, end of year
$1,386,243
Net assets, end of year
$601,034
Land, buildings and equipment
$21,866
Publicly traded securities
$50,336
Net assets without donor restrictions
$459,425
Net assets with donor restrictions
$141,609
Gross receipts
$2,545,756
Employees
17
Volunteers
80
Year formed
1984
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL RALSTONPRESIDENT (THRU 12/2024)
Officer
40$293,664$28,144
NICOLE CRAINPRESIDENT
Officer
40$198,096$15,242
ANDREW DAVISVICE PRESIDENT OF PUBLIC POLICY
Highest-paid employee
40$160,782$13,591
BRADLEY HARTKOPFSENIOR DIRECTOR, PUBLIC POLICY
Highest-paid employee
40$108,489$18,442
CHAD REECECHAIR
Trustee or director, Officer
1$0$0
KELLAN LONGENECKERVICE CHAIR
Trustee or director, Officer
1$0$0
KIM AUGSPURGERPAST CHAIR
Trustee or director, Officer
1$0$0
KATHRYN KUNERTTREASURER
Trustee or director, Officer
1$0$0
TIM BIANCOSECRETARY
Trustee or director, Officer
1$0$0
LESLEY BARTHOLOMEWEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
HANK NOREMEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
KELLI O'BRIENEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
NATE WEATONEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
TOM YEOMANEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
CHRIS LAFERLADIRECTOR
Trustee or director
1$0$0
51 more people on this return
NameTitleHours / weekCompensation
STEVE ANDERSONDIRECTOR
Trustee or director
1$0
KELLY BARRICKDIRECTOR
Trustee or director
1$0
HEATHER BRUCEDIRECTOR
Trustee or director
1$0
JACK CARRADIRECTOR
Trustee or director
1$0
CONNOR DEERINGDIRECTOR
Trustee or director
1$0
RICH DWYERDIRECTOR
Trustee or director
1$0
MIKE ESPESETDIRECTOR
Trustee or director
1$0
KATHY EVERTDIRECTOR
Trustee or director
1$0
RACHEL GEILENFELDDIRECTOR
Trustee or director
1$0
ROGER HARGENSDIRECTOR
Trustee or director
1$0
BRAD HENNINGSENDIRECTOR
Trustee or director
1$0
STEVE JACOBSDIRECTOR
Trustee or director
1$0
SARAH JAMESDIRECTOR
Trustee or director
1$0
PHIL JONESDIRECTOR
Trustee or director
1$0
RICK KADANSKYDIRECTOR
Trustee or director
1$0
DUSTIN KATJEDIRECTOR
Trustee or director
1$0
JERRY KRANTZDIRECTOR
Trustee or director
1$0
MARY LANDHUISDIRECTOR
Trustee or director
1$0
KEVIN LENTZDIRECTOR
Trustee or director
1$0
TODD MCDONALDDIRECTOR
Trustee or director
1$0
ED MCGREENDIRECTOR
Trustee or director
1$0
JACK MCFARLANDDIRECTOR
Trustee or director
1$0
KELLY MCGRIFFDIRECTOR
Trustee or director
1$0
BILL MCKIMDIRECTOR
Trustee or director
1$0
CASEY MILLSDIRECTOR
Trustee or director
1$0
ERIC MOERMANDIRECTOR
Trustee or director
1$0
CHRIS SACKETTDIRECTOR
Trustee or director
1$0
GRETCHEN SPEARDIRECTOR
Trustee or director
1$0
JENNIFER STEFFENSMEIERDIRECTOR
Trustee or director
1$0
ANDREW ST JOHNDIRECTOR
Trustee or director
1$0
BRUCE TAMISIEADIRECTOR
Trustee or director
1$0
JULIE VANDE HOEFDIRECTOR
Trustee or director
1$0
MINDI VANDENBOSCHDIRECTOR
Trustee or director
1$0
DREW VOGELDIRECTOR
Trustee or director
1$0
PETER VOORHEESDIRECTOR
Trustee or director
1$0
JOSH WILFORDDIRECTOR
Trustee or director
1$0
CASEY CASONDIRECTOR
Trustee or director
1$0
TIM CONLONDIRECTOR
Trustee or director
1$0
KIRK MCCOLLOUGHDIRECTOR
Trustee or director
1$0
BRAD NIELSENDIRECTOR
Trustee or director
1$0
BETHANY PAUTSCHDIRECTOR
Trustee or director
1$0
STACEY PELLETTDIRECTOR
Trustee or director
1$0
CHARLES REEVESDIRECTOR
Trustee or director
1$0
JOHN RICHESDIRECTOR
Trustee or director
1$0
CHAD RUBNERDIRECTOR
Trustee or director
1$0
TIM COONANDIRECTOR
Trustee or director
1$0
JOSH BYERSDIRECTOR (THRU 2/2025)
Trustee or director
1$0
KATIE HALLDIRECTOR (THRU 2/2025)
Trustee or director
1$0
LIZ HOBARTDIRECTOR (THRU 12/2024)
Trustee or director
1$0
ANDY SCHRINERDIRECTOR (THRU 12/2024)
Trustee or director
1$0
RICK TOLLAKSONDIRECTOR (THRU 1/2025)
Trustee or director
1$0
990 for the year ended June 30, 2024: 66 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL RALSTONPRESIDENT
Officer
40$294,150$25,689
NICOLE CRAINEXECUTIVE VICE PRESIDENT
Officer
40$180,307$14,072
ANDREW DAVISVICE PRESIDENT PUBLIC POLICY
Highest-paid employee
40$158,197$11,018
CHAD REECEVICE CHAIR
Trustee or director, Officer
1$0$0
KIM AUGSPURGERPAST CHAIR
Trustee or director, Officer
1$0$0
KELLAN LONGENECKERTREASURER
Trustee or director, Officer
1$0$0
KATHRYN KUNERTSECRETARY
Trustee or director, Officer
1$0$0
TIM BIANCOEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
KIRK MCCOLLOUGHEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
STACEY PELLETTEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
NATE WEATONEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
TOM YEOMANEXECUTIVE COMMITTEE
Trustee or director, Officer
1$0$0
STEVE ANDERSONDIRECTOR
Trustee or director
1$0$0
KELLY BARRICKDIRECTOR
Trustee or director
1$0$0
LESLEY BARTHOLOMEWDIRECTOR
Trustee or director
1$0$0
MATT BEMRICHDIRECTOR
Trustee or director
1$0$0
HEATHER BRUCEDIRECTOR
Trustee or director
1$0$0
JOSH BYERSDIRECTOR
Trustee or director
1$0$0
JACK CARRADIRECTOR
Trustee or director
1$0$0
CASEY CASONDIRECTOR
Trustee or director
1$0$0
TIM COONANDIRECTOR
Trustee or director
1$0$0
TIM CONLONDIRECTOR
Trustee or director
1$0$0
CONNOR DEERINGDIRECTOR
Trustee or director
1$0$0
RICH DWYERDIRECTOR
Trustee or director
1$0$0
MIKE ESPESETDIRECTOR
Trustee or director
1$0$0
ROBERT FEENEYDIRECTOR
Trustee or director
1$0$0
KEN FELDMANNDIRECTOR
Trustee or director
1$0$0
KATIE HALLDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
ROGER HARGENSDIRECTOR
Trustee or director
1$0$0
LIZ HOBARTDIRECTOR
Trustee or director
1$0$0
STEVE JACOBSDIRECTOR
Trustee or director
1$0$0
SARAH JAMESDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
PHIL JONESDIRECTOR
Trustee or director
1$0$0
DUSTIN KATJEDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
JERRY KRANTZDIRECTOR
Trustee or director
1$0$0
MARY LANDHUISDIRECTOR
Trustee or director
1$0$0
KEVIN LENTZDIRECTOR
Trustee or director
1$0$0
TODD MCDONALDDIRECTOR
Trustee or director
1$0$0
JACK MCFARLANDDIRECTOR
Trustee or director
1$0$0
KELLY MCGRIFFDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
BILL MCKIMDIRECTOR
Trustee or director
1$0$0
CASEY MILLSDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
ERIC MOERMANDIRECTOR
Trustee or director
1$0$0
BRAD NIELSENDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
HANK NOREMDIRECTOR
Trustee or director
1$0$0
KELLI O'BRIENDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
CHARLES REEVESDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
JOHN RICHESDIRECTOR
Trustee or director
1$0$0
CHRIS SACKETTDIRECTOR
Trustee or director
1$0$0
CLAUDIA SCHABELDIRECTOR
Trustee or director
1$0$0
ANDREW SCHRINERDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
TODD SOMMERFELDDIRECTOR
Trustee or director
1$0$0
GRETCHEN SPEARDIRECTOR
Trustee or director
1$0$0
JENNIFER STEFFENSMEIERDIRECTOR
Trustee or director
1$0$0
BRUCE TAMISIEADIRECTOR
Trustee or director
1$0$0
RICK TOLLAKSONDIRECTOR
Trustee or director
1$0$0
JULIE VANDE HOEFDIRECTOR
Trustee or director
1$0$0
MINDI VANDENBOSCHDIRECTOR
Trustee or director
1$0$0
DREW VOGELDIRECTOR
Trustee or director
1$0$0
PETER VOORHEESDIRECTOR
Trustee or director
1$0$0
DUSTIN WATERSDIRECTOR (BEG 7/2023)
Trustee or director
1$0$0
JOSH WILFORDDIRECTOR
Trustee or director
1$0$0
RACHEL GEILENFELDDIRECTOR (BEG 11/2023)
Trustee or director
1$0$0
RICK KADANSKYDIRECTOR (BEG 11/2023)
Trustee or director
1$0$0
RICH PHELANDIRECTOR (THRU 9/2023)
Trustee or director
1$0$0
TODD ROBINSONDIRECTOR (THRU 9/2023)
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 64 people
NameTitleHours / weekCompensationOther / benefits
Michael RalstonPresident
Officer
40$294,562$25,099
Nicole CrainExecutive Vice President
Officer
40$172,600$15,346
Andrew DavisVice President Public Policy
Highest-paid employee
40$155,510$10,314
Kim AugspurgerChair
Trustee or director, Officer
1$0$0
Rich PhelanVice Chair
Trustee or director, Officer
1$0$0
Chad ReeceTreasurer
Trustee or director, Officer
1$0$0
Jack HaskenPast Chair
Trustee or director, Officer
1$0$0
Kellan LongeneckerSecretary
Trustee or director, Officer
1$0$0
Tim BiancoAssistant Chair
Trustee or director, Officer
1$0$0
Tim ConlonAssistant Chair
Trustee or director, Officer
1$0$0
Kirk McColloughAssistant Chair
Trustee or director, Officer
1$0$0
Stacey PellettAssistant Chair
Trustee or director, Officer
1$0$0
John RichesAssistant Chair
Trustee or director, Officer
1$0$0
Matthew AhmannDirector
Trustee or director
1$0$0
Steve AndersonDirector
Trustee or director
1$0$0
Kelly BarrickDirector
Trustee or director
1$0$0
Lesley BartholomewDirector
Trustee or director
1$0$0
Matt BemrichDirector
Trustee or director
1$0$0
Heather BruceDirector
Trustee or director
1$0$0
Garrett BurchettDirector
Trustee or director
1$0$0
Josh ByersDirector
Trustee or director
1$0$0
Jack CarraDirector
Trustee or director
1$0$0
Casey CasonDirector
Trustee or director
1$0$0
Tim CoonanDirector
Trustee or director
1$0$0
Connor DeeringDirector
Trustee or director
1$0$0
Rich DwyerDirector
Trustee or director
1$0$0
Mike EspesetDirector
Trustee or director
1$0$0
Michele Farrell 070122-043023Director
Trustee or director
1$0$0
Robert FeeneyDirector
Trustee or director
1$0$0
Ken FeldmannDirector
Trustee or director
1$0$0
Nick GlewDirector
Trustee or director
1$0$0
Roger HargensDirector
Trustee or director
1$0$0
Liz HobartDirector
Trustee or director
1$0$0
Steve JacobsDirector
Trustee or director
1$0$0
Phil JonesDirector
Trustee or director
1$0$0
Jerry KrantzDirector
Trustee or director
1$0$0
John KrogmanDirector
Trustee or director
1$0$0
Kathryn KunertDirector
Trustee or director
1$0$0
Mary LandhuisDirector
Trustee or director
1$0$0
Kevin LentzDirector
Trustee or director
1$0$0
Eric Lohmeier 070122-102122Director
Trustee or director
1$0$0
Todd McDonaldDirector
Trustee or director
1$0$0
Jack McFarlandDirector
Trustee or director
1$0$0
Bill McKimDirector
Trustee or director
1$0$0
Eric MoermanDirector
Trustee or director
1$0$0
Randy MooreDirector
Trustee or director
1$0$0
Hank NoremDirector
Trustee or director
1$0$0
Todd RobinsonDirector
Trustee or director
1$0$0
Chris SackettDirector
Trustee or director
1$0$0
Claudia SchabelDirector
Trustee or director
1$0$0
Todd SommerfeldDirector
Trustee or director
1$0$0
Gretchen SpearDirector
Trustee or director
1$0$0
Jennifer SteffensmeierDirector
Trustee or director
1$0$0
Bruce TamisieaDirector
Trustee or director
1$0$0
Taylor TeepellDirector
Trustee or director
1$0$0
Rick TollaksonDirector
Trustee or director
1$0$0
Dennis Van ZantenDirector
Trustee or director
1$0$0
Julie Vande HoefDirector
Trustee or director
1$0$0
Mindi VandenBoschDirector
Trustee or director
1$0$0
Drew VogelDirector
Trustee or director
1$0$0
Peter VoorheesDirector
Trustee or director
1$0$0
Nate WeatonDirector
Trustee or director
1$0$0
Josh WilfordDirector
Trustee or director
1$0$0
Tom YeomanDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
400 E COURT AVE STE 100, DES MOINES, IA 50309-2027
Principal officer (990 for 2024)
NICOLE CRAIN, 400 EAST COURT AVENUE 100, DES MOINES, IA 503092017
Signed the 990
NICOLE CRAIN, PRESIDENT
Phone
(515) 280-8000
Return prepared by
CREATIVE PLANNING TAX LLC

Mission

TO NURTURE A FAVORABLE BUSINESS, ECONOMIC, GOVERNMENTAL, AND SOCIAL CLIMATE WITHIN THE STATE OF IOWA SO OUR CITIZENS CAN HAVE THE OPPORTUNITY TO ENJOY THE HIGHEST POSSIBLE QUALITY OF LIFE.

990 for the year ended June 30, 2025

Program accomplishments

  • IOWA ASSOCIATION OF BUSINESS AND INDUSTRY (ABI) IS COMPRISED OF MEMBER COMPANIES REPRESENTING ALL INDUSTRIES AND SIZES IN IOWA'S 99 COUNTIES. ABI MEMBERS EMPLOY MORE THAN 330,000 IOWANS. ABI DEVELOPS PROGRAMMING WITH THE INPUT OF MEMBERS TO PROVIDE SOLUTIONS TO COMMON QUESTIONS IN IOWA'S BUSINESS COMMUNITIES AND TO IDENTIFY BEST PRACTICES IN EFFECTIVELY ADDRESSING THEM. ABI HAS A TEAM OF INDUSTRY EXPERTS DEDICATED TO SOLVING ABI MEMBERS' ISSUES.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-0332900
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1942
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,987,277
Income (IRS master file)
$2,545,756

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,545,756$2,602,152$1,987,277IRS
990June 2024$2,725,575$2,636,714$2,160,499XML
990June 2023$2,415,368$2,427,537$2,221,419XML
990June 2022$2,357,818$2,210,984$1,426,111IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 42-0332900).

Questions about IOWA ASSOCIATION OF BUSINESS & INDUSTRY

What is the EIN of IOWA ASSOCIATION OF BUSINESS & INDUSTRY?
The employer identification number (EIN) of IOWA ASSOCIATION OF BUSINESS & INDUSTRY is 42-0332900.
Is IOWA ASSOCIATION OF BUSINESS & INDUSTRY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
Are donations to IOWA ASSOCIATION OF BUSINESS & INDUSTRY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does IOWA ASSOCIATION OF BUSINESS & INDUSTRY 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 IOWA ASSOCIATION OF BUSINESS & INDUSTRY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA ASSOCIATION OF BUSINESS & INDUSTRY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of IOWA ASSOCIATION OF BUSINESS & INDUSTRY?
The 990 for the year ended June 30, 2025 names NICOLE CRAIN.
Who are the officers and directors of IOWA ASSOCIATION OF BUSINESS & INDUSTRY?
The 990 for the year ended June 30, 2025 lists 66 people; 4 received compensation from the organization, the highest $293,664 (MICHAEL RALSTON, PRESIDENT (THRU 12/2024)).
How much revenue does IOWA ASSOCIATION OF BUSINESS & INDUSTRY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,545,756, expenses of $2,602,152 and total assets of $1,987,277 at year end.

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