Nonprofit · EIN 42-1463607
KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION
Also known as KCEDC
Tax-exempt · ALGONA, IA 50511
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $275,994 | $235,017 | $40,977 | $604,808 | $5,514 | $599,294 |
| June 30, 2024 | 990 | $281,537 | $255,055 | $26,482 | $565,947 | $7,630 | $558,317 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $265,519
- of which government grants
- $129,770
- Membership dues
- $34,136
- Program service revenue
- $0
- Investment income
- $10,475
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $112,118
- Other salaries and wages
- $28,415
- Salaries, compensation and benefits (total)
- $172,354
- Professional fundraising fees
- $0
- Accounting fees
- $2,037
- Occupancy
- $19,757
- Travel
- $3,596
- Program services (functional)
- $146,469
- Management and general (functional)
- $88,548
Balance sheet and other
- Total assets, start of year
- $565,947
- Total assets, end of year
- $604,808
- Total liabilities, end of year
- $5,514
- Net assets, end of year
- $599,294
- Gross receipts
- $275,994
- Employees
- 8
- Volunteers
- 2
- Year formed
- 1997
- 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 |
|---|---|---|---|
| ERIC BAKER | DIRECTOR Trustee or director | 0.25 | $0 |
| PAT BERTE | DIRECTOR Trustee or director | 0.25 | $0 |
| CRAIG FLOREA | DIRECTOR Trustee or director | 0.25 | $0 |
| AMBER GARMAN | DIRECTOR Trustee or director | 0.25 | $0 |
| HOWARD HAAS | DIRECTOR Trustee or director | 0.25 | $0 |
| AARON MCCARTAN | EX-OFFICIO/P Trustee or director, Officer | 0.25 | $0 |
| MATHEW NEISEN | TREASURER Trustee or director, Officer | 0.25 | $0 |
| CRYSTI NEUMAN | VICE PRESIDE Trustee or director, Officer | 0.25 | $0 |
| SEAN NOONAN | PAST PRESIDE Trustee or director, Officer | 0.25 | $0 |
| DEBRA STEVEN | DIRECTOR Trustee or director | 0.25 | $0 |
| MARK TACHENY | DIRECTOR Trustee or director | 0.25 | $0 |
| JEFF THEISEN | DIRECTOR Trustee or director | 0.25 | $0 |
| JACOB TJADEN | DIRECTOR Trustee or director | 0.25 | $0 |
| ALISON VANOTTERLOO | DIRECTOR Trustee or director | 0.25 | $0 |
| KARLA WALKER | DIRECTOR Trustee or director | 0.25 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON WARTICK | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| BROOKE WINKELHORST | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC BAKER | DIRECTOR Trustee or director | 0.25 | $0 |
| PAT BERTE | DIRECTOR Trustee or director | 0.25 | $0 |
| CRAIG FLOREA | DIRECTOR Trustee or director | 0.25 | $0 |
| JEFF KNAPP | DIRECTOR Trustee or director | 0.25 | $0 |
| MATHEW NEISEN | TREASURER Trustee or director, Officer | 0.25 | $0 |
| CRYSTI NEUMAN | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| SEAN NOONAN | PRESIDENT Trustee or director, Officer | 0.25 | $0 |
| KYLE STECKER | DIRECTOR Trustee or director | 0.25 | $0 |
| DEBRA STEVEN | DIRECTOR Trustee or director | 0.25 | $0 |
| MARK TACHENY | DIRECTOR Trustee or director | 0.25 | $0 |
| JEFF THEISEN | DIRECTOR Trustee or director | 0.25 | $0 |
| JACOB TJADEN | DIRECTOR Trustee or director | 0.25 | $0 |
| ALISON VANOTTERLOO | DIRECTOR Trustee or director | 0.25 | $0 |
| JOSHUA WAECHTER | DIRECTOR Trustee or director | 0.25 | $0 |
| KARLA WALKER | DIRECTOR Trustee or director | 0.25 | $0 |
| JASON WARTICK | DIRECTOR Trustee or director | 0.25 | $0 |
| BROOKE WINKELHORST | DIRECTOR Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 106 S DODGE ST STE 210, ALGONA, IA 50511-2666
- In care of
- % MAUREEN ELBERT
- Principal officer (990 for 2024)
- AARON MCCARTAN, 247 MAIN ST NORTH, PO BOX 321, TITONKA, IA 50480
- Signed the 990
- TOD FARIS, EXECUTIVE DIRECTOR
- Phone
- (515) 295-7979
- Website
- WWW.KOSSUTH-EDC.COM
- Return prepared by
- ERPELDING VOIGT & CO LLP
Mission
THE KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION WILL COORDINATE JOB RETENTION, BUSINESS DEVELOPMENT, HOUSING, TOURISM, VALUE-ADDED INITIATIVES AND PROVIDE LEADERSHIP TO HELP IMPROVE THE QUALITY OF LIFE FOR RESIDENTS OF KOSSUTH COUNTY.
Program accomplishments
- CONTINUE TO PROVIDE ASSISTANCE TO KOSSUTH COUNTY BUSINESSES AND COMMUNITIES TO DEVELOP NEW BUSINESS AND RETAIN CURRENT BUSINESSES AND INDUSTRIES.Expenses $143,469
- CONTINUE TO PROVIDE LOANS TO BUSINESSES THROUGH THE KOSSUTH COUNTY REVOLVING LOAN FUND. THIS FUND PROVIDES A SOURCE OF FINANCING, WHICH MAY NOT OTHERWISE BE AVAILABLE WITHIN THE COUNTY FOR LOCAL EXPANDING OR START- UP BUSINESSES.Expenses $3,000
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
- 42-1463607
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $604,808
- Income (IRS master file)
- $275,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $275,994 | $235,017 | $604,808 | XML |
| 990 | June 2024 | $281,537 | $255,055 | $565,947 | XML |
| 990 | June 2023 | $296,412 | $270,715 | $539,849 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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 42-1463607).
Questions about KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION is 42-1463607.
- Is KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1998.
- Are donations to KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION 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 KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION 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 KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION 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 KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names AARON MCCARTAN.
- Who are the officers and directors of KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does KOSSUTH COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $275,994, expenses of $235,017 and total assets of $604,808 at year end.
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