Nonprofit · EIN 42-1441695
BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION
Tax-exempt · INDEPENDENCE, IA 50644
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $161,132 | $154,346 | $6,786 | $634,988 | $5,097 | $629,891 |
| June 30, 2024 | 990 | $160,014 | $161,313 | -$1,299 | $627,752 | $3,988 | $623,764 |
| June 30, 2023 | 990 | $154,451 | $159,676 | -$5,225 | $629,321 | $4,258 | $625,063 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $147,970
- Program service revenue
- $0
- Investment income
- $13,162
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $96,365
- Salaries, compensation and benefits (total)
- $116,822
- Professional fundraising fees
- $0
- Legal fees
- $858
- Accounting fees
- $5,315
- Occupancy
- $9,017
- Depreciation
- $118
- Program services (functional)
- $131,194
- Management and general (functional)
- $15,435
- Fundraising (functional)
- $7,717
Balance sheet and other
- Total assets, start of year
- $627,752
- Total assets, end of year
- $634,988
- Total liabilities, end of year
- $5,097
- Net assets, end of year
- $629,891
- Land, buildings and equipment
- $176
- Net assets without donor restrictions
- $629,891
- Gross receipts
- $161,132
- Employees
- 2
- Year formed
- 1995
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA KREMER | Executive Dir. Officer | 40 | $75,000 |
| SHAWN BAINBRIDGE | COMMUNICATIONS | 10 | $21,365 |
| GERALD DENNIE | President Trustee or director, Officer | 0.4 | $0 |
| TERRY TOALE | Treasurer Trustee or director, Officer | 1 | $0 |
| SUE WESTER | Director Trustee or director | 0.4 | $0 |
| DAVE YOUNG | Director Trustee or director | 0.4 | $0 |
| DEAN HAMBLIN | Director Trustee or director | 0.4 | $0 |
| GUY STACY | Director Trustee or director | 0.4 | $0 |
| ROGER OLSEN | Director Trustee or director | 0.4 | $0 |
| CHRIS EVEN | Secretary Trustee or director, Officer | 0.4 | $0 |
| DAWN VOGEL | Director Trustee or director | 0.4 | $0 |
| JASON KAYSER | Director Trustee or director | 0.4 | $0 |
| TERESA FLOYD | Director Trustee or director | 0.4 | $0 |
| DARIN HAYZLETTE | Vice President Trustee or director, Officer | 0.4 | $0 |
| MIKE COOK | Director Trustee or director | 0.4 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOE MILLER | Director Trustee or director | 0.4 | $0 |
| CELIA EVEN | Director Trustee or director | 0.4 | $0 |
| LANDON GEATER | Director Trustee or director | 0.4 | $0 |
| ROB IRVINE | Director Trustee or director | 0.4 | $0 |
| BRAD BLEICHNER | Director Trustee or director | 0.4 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA KREMER | EXECUTIVE DI Officer | 40 | $70,000 | $6,608 |
| GERALD DENNIE | PRESIDENT Trustee or director, Officer | 0.4 | $0 | $0 |
| TERRY TOALE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SUE WESTER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| DAVE YOUNG | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| DEAN HAMBLIN | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| GUY STACY | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ROGER OLSEN | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| CHRIS EVEN | SECRETARY Trustee or director, Officer | 0.4 | $0 | $0 |
| CLAYTON OHRT | VICE PRESIDE Trustee or director, Officer | 0.4 | $0 | $0 |
| JASON KAYSER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| TERESA FLOYD | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| DARRIN HAYZLETT | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| MIKE COOK | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| JOE MILLER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| CELIA EVEN | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| LANDON GEATER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| ROB IRVINE | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
| BRAD BLEICHNER | DIRECTOR Trustee or director | 0.4 | $0 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA KREMER | EXECUTIVE DI Officer | 40 | $66,600 |
| GERALD DENNIE | PRESIDENT Trustee or director, Officer | 0.4 | $0 |
| TERRY TOALE | TREASURER Trustee or director, Officer | 1 | $0 |
| SUE WEBSTER | DIRECTOR Trustee or director | 0.4 | $0 |
| DAVE YOUNG | DIRECTOR Trustee or director | 0.4 | $0 |
| DEAN HAMLIN | DIRECTOR Trustee or director | 0.4 | $0 |
| GUY STACY | DIRECTOR Trustee or director | 0.4 | $0 |
| ROGER OLSEN | DIRECTOR Trustee or director | 0.4 | $0 |
| CHRIS EVEN | SECRETARY Trustee or director, Officer | 0.4 | $0 |
| CLAYTON OHRT | VICE PRESIDE Trustee or director, Officer | 0.4 | $0 |
| MARY ANN DOZARK | DIRECTOR Trustee or director | 0.4 | $0 |
| TERESA FLOYD | DIRECTOR Trustee or director | 0.4 | $0 |
| DARRIN HAYZLETT | DIRECTOR Trustee or director | 0.4 | $0 |
| BEN STANFORD | DIRECTOR Trustee or director | 0.4 | $0 |
| RODGER SILL | DIRECTOR Trustee or director | 0.4 | $0 |
| CELIA EVEN | DIRECTOR Trustee or director | 0.4 | $0 |
| LANDON GEATER | DIRECTOR Trustee or director | 0.4 | $0 |
| BILL COWELL | DIRECTOR Trustee or director | 0.4 | $0 |
| BRAD BLEICHNER | DIRECTOR Trustee or director | 0.4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 109, INDEPENDENCE, IA 50644-0109
- In care of
- % TERRY TOALE
- Principal officer (990 for 2024)
- TERRY TOALE, PO BOX 109, INDEPENDENCE, IA 50644
- Signed the 990
- TERRY TOALE, Treasurer
- Phone
- (319) 334-7497
- Website
- WWW.GROWBUCHANANCOUNTY.COM
- Return prepared by
- Roberts & Eddy PC
Mission
THE PRIMARY MISSION OF BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION (BCEDC) IS TO FOSTER A STRONG ECONOMIC ENVIRONMENT WHICH SUPPORTS BUSINESS NURTURES GROWTH AND NEW INVESTMENT WHILE ATTRACTING SUSTAINABLE BUSINESSES AND A QUALITY LABOR FORCE TO OUR COMMUNITIES. THE ORGANIZATION WILL RELY ON TRUSTING RELATIONSHIPS TO UNITE THE COMMUNITIES OF BUCHANAN COUNTY TO PROMOTE AND FACILITATE ECONOMIC DEVELOPMENTAND TO IMPROVE THE QUALITY OF LIFE IN OUR AREA BY BUILDING SUSTAINABLE WEALTH FOR THOSE WHO LIVE, WORK AND PLAY IN THIS PORTION OF THE CEDAR VALLEY REGION OF IOWA.
Program accomplishments
- OUR ORGANIZATION IS BUILDING A STRONG, GROWING ECONOMY BY SUPPORTING BUSINESSES, ATTRACTING INVESTMENTS, AND BRINGING QUALITY JOBS TO BUCHANAN COUNTY. WE ARE UNITING OUR COMMUNITIES TO DRIVE SUSTAINABLE GROWTH, IMPROVE LIVES, AND BUILD LASTING WEALTH ACROSS THE CEDAR VALLEY REGION OF IOWA.Expenses $131,194 · revenue $161,132
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1441695
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $634,988
- Income (IRS master file)
- $161,132
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $161,132 | $154,346 | $634,988 | XML |
| 990 | June 2024 | $160,014 | $161,313 | $627,752 | XML |
| 990 | June 2023 | $154,451 | $159,676 | $629,321 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 42-1441695).
Questions about BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION
- What is the EIN of BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION?
- The employer identification number (EIN) of BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION is 42-1441695.
- Is BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1996.
- Are donations to BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUCHANAN COUNTY ECONOMIC DEVELOPMENT 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 BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION 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 BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION 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 BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION?
- The 990 for the year ended June 30, 2025 names TERRY TOALE.
- Who are the officers and directors of BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION?
- The 990 for the year ended June 30, 2025 lists 20 people; 2 received compensation from the organization, the highest $75,000 (LISA KREMER, Executive Dir.).
- How much revenue does BUCHANAN COUNTY ECONOMIC DEVELOPMENT COMMISSION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $161,132, expenses of $154,346 and total assets of $634,988 at year end.
Other nonprofits in INDEPENDENCE
- FRUCHTENICHT & INVESTMENT CENTER FOUNDATION EIN 47-3249526 · last filed 990-PF for 2025
- CHILD CARE COUNCIL OF BUCHANAN COUNTY EIN 42-1102374 · last filed 990 for 2025
- MUSTANG FOUNDATION INC EIN 42-1429135 · last filed 990 for 2025
- BUCHANAN COUNTY FAIR ASSOC EIN 42-0158722 · last filed 990 for 2025
- COMMUNITY HOUSING INC EIN 42-0993731 · last filed 990 for 2024
- BUILDING DIRECTION FOR FAMILIES INC EIN 20-8773885 · last filed 990 for 2025
- MALONE CREEK ESTATE INC EIN 42-1310795 · last filed 990 for 2025
- OELWEIN SENIOR CITIZENS HOUSING CORPORATION EIN 23-7354589 · last filed 990 for 2024