Nonprofit · EIN 42-6098416
FUSEDSM
Tax-exempt · DES MOINES, IA 50309
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $243,451 | $281,048 | -$37,597 | $5,192 | $132,548 | -$127,356 |
| December 31, 2023 | 990 | $321,217 | $310,419 | $10,798 | $23,962 | $113,720 | -$89,758 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $148,410
- Membership dues
- $148,410
- Program service revenue
- $50,423
- Investment income
- $5
- Net income from fundraising events
- $42,942
- Other revenue
- $44,613
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $65,633
- Other salaries and wages
- $101,339
- Salaries, compensation and benefits (total)
- $191,247
- Professional fundraising fees
- $0
- Accounting fees
- $3,348
- Travel
- $2,178
Balance sheet and other
- Total assets, start of year
- $23,962
- Total assets, end of year
- $5,192
- Total liabilities, end of year
- $132,548
- Net assets, end of year
- -$127,356
- Net assets without donor restrictions
- -$127,356
- Gross receipts
- $292,991
- Employees
- 4
- Volunteers
- 50
- Year formed
- 1980
- 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 | Other / benefits |
|---|---|---|---|---|
| TRISH FLAHERTY-BARNES | FORMER PRESIDENT/CEO Officer | 40 | $59,663 | $5,790 |
| MICHAEL BIRD | CHAIRMAN OF THE BOARD Trustee or director, Officer | 1 | $0 | $0 |
| TROY DUBBERKE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LAURA CLARK-GIBSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TOM WELCHANS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL WILLRICH | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANNY BEYER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAM THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BILL RAINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MEGAN BAAKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHALLEE KEENAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GINA VITIRITTO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONNA MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RACHEL SUMMERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DWANA BRADLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORRINA KING | BOARD MEMBER Trustee or director | 1 | $0 |
| MERIDITH MCCARTY | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TRISH FLAHERTY-BARNES | PRESIDENT/CEO Officer | 40 | $89,534 | $8,934 |
| DANIEL WILLRICH | CHAIRMAN OF THE BOARD Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL BIRD | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TROY DUBBERKE | 2ND VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LAURA CLARK-GIBSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| TOM WELCHANS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| CAROLYN JENISON | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| FERNANDO AVEIGA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES WALFORD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANNY BEYER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAM THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BILL RAINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MEGAN BAAKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHALLEE KEENAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GINA VITIRITTO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONNA MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RACHEL SUMMERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DWANA BRADLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 130 E 3RD ST STE 301, DES MOINES, IA 50309-4830
- In care of
- % DBA FUSE DSM
- Principal officer (990 for 2024)
- TOM WELCHANS, 1601 22ND STREET SUITE 400, WEST DES MOINES, IA 50266
- Signed the 990
- TOM WELCHANS, TREASURER
- Phone
- (515) 829-4189
- Website
- WWW.FUSEDSM.ORG
- Return prepared by
- DENMAN CPA LLP
Mission
THE CHAMBER PROMOTES BUSINESS AND ECONOMIC DEVELOPMENT ON THE SOUTH, EAST, AND NORTH SIDES OF DES MOINES, IOWA.
Program accomplishments
- THE CHAMBER PROMOTES BUSINESS AND ECONOMIC DEVELOPMENT ON THE SOUTH, EAST, AND NORTH SIDES OF DES MOINES, IOWA. THE ORGANIZATION HOLDS MEETINGS AND ACTIVITIES TO PROMOTE WORKING RELATIONSHIPS WITHIN THE MEBERSHIP AS WELL AS PROVIDING INFORMATION RELEVANT TO THE SOUTH, EAST, AND NORTH SIDE COMMUNITIES IN DES MOINES, IOWA. ALL MEMBER LABOR IS DONATED.
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 on file |
IRS record
- EIN
- 42-6098416
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1980
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $5,192
- Income (IRS master file)
- $292,991
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $243,451 | $281,048 | $5,192 | XML |
| 990 | December 2023 | $321,217 | $310,419 | $23,962 | XML |
| 990 | December 2022 | $204,399 | $245,499 | $33,775 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 42-6098416).
Questions about FUSEDSM
- What is the EIN of FUSEDSM?
- The employer identification number (EIN) of FUSEDSM is 42-6098416.
- Is FUSEDSM tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1980.
- Are donations to FUSEDSM tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FUSEDSM 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 FUSEDSM 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 FUSEDSM 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 FUSEDSM?
- The 990 for the year ended December 31, 2024 names TOM WELCHANS.
- Who are the officers and directors of FUSEDSM?
- The 990 for the year ended December 31, 2024 lists 17 people; 1 received compensation from the organization, the highest $59,663 (TRISH FLAHERTY-BARNES, FORMER PRESIDENT/CEO).
- How much revenue does FUSEDSM have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $243,451, expenses of $281,048 and total assets of $5,192 at year end.
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