Nonprofit · EIN 81-4968896
ARENACO
Tax-exempt · CORALVILLE, IA 52241
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,925,123 | $7,498,873 | -$1,573,750 | $71,733,704 | $52,583,016 | $19,150,688 |
| June 30, 2024 | 990 | $4,137,399 | $5,803,184 | -$1,665,785 | $75,067,981 | $54,343,543 | $20,724,438 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,775,332
- of which government grants
- $2,065,584
- Program service revenue
- $3,116,647
- Investment income
- $10,317
- Other revenue
- $22,827
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $10,536
- Accounting fees
- $25,000
- Occupancy
- $117,425
- Depreciation
- $2,839,020
- Program services (functional)
- $7,419,511
- Management and general (functional)
- $79,362
Balance sheet and other
- Total assets, start of year
- $75,067,981
- Total assets, end of year
- $71,733,704
- Total liabilities, end of year
- $52,583,016
- Net assets, end of year
- $19,150,688
- Land, buildings and equipment
- $71,218,155
- Net assets without donor restrictions
- $19,150,688
- Gross receipts
- $5,925,123
- Employees
- 0
- Volunteers
- 7
- Year formed
- 2017
- 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 |
|---|---|---|---|
| JOSH SCHAMBERGER | PRESIDENT Trustee or director, Officer | 10 | $0 |
| TERESA KAEDING | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| LAURIE GOODRICH | TREASURER Trustee or director, Officer | 0.25 | $0 |
| JOHN WEIHE | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| KELLY HAYWORTH | DIRECTOR Trustee or director | 0.25 | $0 |
| SARAH MCLAUGHLIN | DIRECTOR Trustee or director | 0.25 | $0 |
| BOB DVORSKY | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSH SCHAMBERGER | PRESIDENT Trustee or director, Officer | 10 | $0 |
| TERESA KAEDING | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| LAURIE GOODRICH | TREASURER Trustee or director, Officer | 0.25 | $0 |
| JOHN WEIHE | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| KELLY HAYWORTH | DIRECTOR Trustee or director | 0.25 | $0 |
| SARAH MCLAUGHLIN | DIRECTOR Trustee or director | 0.25 | $0 |
| BOB DVORSKY | DIRECTOR Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 900 1ST AVE, CORALVILLE, IA 52241-2108
- Principal officer (990 for 2024)
- JOSH SCHAMBERGER, 900 1ST AVENUE, CORALVILLE, IA 52241
- Signed the 990
- JOSH SCHAMBERGER, PRESIDENT
- Phone
- (319) 248-1700
- Website
- WWW.XTREAMARENA.COM
- Return prepared by
- CREATIVE PLANNING TAX LLC
Mission
TO SUPPORT AND OPERATE FOR THE BENEFIT OF THE CITY OF CORALVILLE, IOWA; TO LESSEN THE BURDENS IMPOSED UPON THE GOVERNMENTS OF THE CITY OF CORALVILLE THROUGH THE CORPORATION'S PROGRAMS AND ACTIVITIES; TO PROMOTE ECONOMIC DEVELOPMENT AND GROWTH WITHIN THE CITY OF CORALVILLE; AND TO PROMOTE THE SOCIAL WELFARE OF THE RESIDENTS OF THE CITY OF CORALVILLE
Program accomplishments
- OPERATION OF THE XTREAMARENA POWERED BY MEDIACOM, GREENSTATE FAMILY FIELDHOUSE, AND THE RINK AT CORAL RIDGE. THE 5,100 FIXED SEAT XTREAM ARENA (6,600 CONCERT CAPACITY) SERVES AS HOST HOME FOR UNIVERSITY OF IOWA VOLLEYBALL AND THE IOWA HEARTLANDERS ECHL HOCKEY TENANT. THE 30,000 SQ. FT 5-COURT FIELDHOUSE ENABLES THIS COMMUNITY TO BECOME A SIGNATURE ATTRACTOR OF BOTH AMATEUR AND PROFESSIONAL SPORTING EVENTS. SINCE 1998, THE RINK AT CORAL RIDGE HAS GIVEN GUESTS OF ALL AGES THE CHANCE TO EXPERIENCE A VARIETY OF ON-ICE ACTIVITIES. OVER 150 EVENTS WERE HELD AT THE ARENA AND FIELDHOUSE DURING THE YEAR FOR COMBINED USAGE OF OVER 200 DAYS. THE ICE RINK IS OPEN DAILY FOR PUBLIC SKATING ADMISSIONS.Expenses $7,419,511 · revenue $3,139,474
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
- 81-4968896
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N30)
- Assets (IRS master file)
- $71,733,704
- Income (IRS master file)
- $5,925,123
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,925,123 | $7,498,873 | $71,733,704 | XML |
| 990 | June 2024 | $4,137,399 | $5,803,184 | $75,067,981 | XML |
| 990 | June 2023 | $3,989,916 | $6,172,756 | $67,033,766 | IRS |
| 990 | June 2022 | $4,234,031 | $8,534,385 | $69,116,160 | IRS |
| 990 | June 2021 | $16,199,613 | $6,466,183 | $71,577,152 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-EZ | 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 81-4968896).
Questions about ARENACO
- What is the EIN of ARENACO?
- The employer identification number (EIN) of ARENACO is 81-4968896.
- Is ARENACO tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to ARENACO tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ARENACO 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 ARENACO 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 ARENACO 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 ARENACO?
- The 990 for the year ended June 30, 2025 names JOSH SCHAMBERGER.
- Who are the officers and directors of ARENACO?
- The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does ARENACO have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,925,123, expenses of $7,498,873 and total assets of $71,733,704 at year end.
Other nonprofits in CORALVILLE
- IOWA SOCCER CLUB INCORPORATED EIN 39-1894135 · last filed 990 for 2025
- IOWA BICYCLE COALITION EIN 20-1224562 · last filed 990 for 2025
- IOWA CITY AREA SPORTS COMMISSION EIN 85-2055031 · last filed 990 for 2025
- OLD CAPITOL SKATERS ALLIANCE INC EIN 42-1428303 · last filed 990-EZ for 2025
- IOWA 7 ON 7 FOOTBALL EIN 83-4329295 · last filed 990-EZ for 2024
- ALPHA KAPPA KAPPA INC EIN 26-3185097 · last filed 990-EZ for 2025
- IOWA MUSTANGS UNSTABLED INC EIN 86-3473092 · last filed 990-N for 2023
- IOWA CITY TROJAN YOUTH BASEBALL ORGANIZATION EIN 77-0621188 · last filed 990-N for 2025