2026-03-27T14:59:21-05:00 2025-09-30 420941961 KING REINSCH PROSSER & CO LLP 522 4TH STREET SUITE 200 SIOUX CITY IA 51101 990 2024-10-01 421150060 SIOUXLAND ECONOMIC DEVELOPMENT CORPORATION SIOU 7122796430 617 PIERCE ST SUITE 202 SIOUX CITY IA 51101 JACQUELINE NOHR EXECUTIVE VICE PRESIDENT 7122796430 2026-03-27 1 1 REBECCA GEORGE P01228245 7122585550 2026-03-27 2024 2025-03-06 01:10:19Z JACQUELINE NOHR 617 PIERCE ST SUITE 202 SIOUX CITY IA 51101 1040487 0 X WWW.SIOUXLANDEDC.COM X 1979 IA TO FURTHER THE ECONOMIC DEVELOPMENT OF THE SIOUXLAND AREA THROUGH THE CREATION OF JOBS, BY ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESSES. 23 23 6 23 0 0 122453 145070 671821 688739 197339 206678 0 0 991613 1040487 22110 29560 0 0 442332 447371 0 0 0 313356 80154 777798 557085 213815 483402 5152007 5608777 237899 211267 4914108 5397510 TO FURTHER THE ECONOMIC DEVELOPMENT OF THE SIOUXLAND AREA THROUGH THE CREATION OF JOBS, BY ASSISTING THE GROWTH AND DEVELOPMENT OF BUSINESSES. 0 0 408930 29560 688739 MAKING LOANS TO BUSINESSES TO MEET OBJECTIVES OF SEDC, WHICH INCLUDE FURTHERING ECONOMIC DEVELOPMENT IN THE AREA, PROMOTING GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS AND STIMULATING BUSINESS OPPORTUNITY. 408930 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ADAM TURNER 7122796430 617 PIERCE STREET SUITE 202 SIOUX CITY IA 51101 DUSTY SMALL CHAIR 1.00 X X 0 0 0 DON KLYNSMA VICE-CHAIR 1.00 X X 0 0 0 RANDALL KRAMER SECRETARY 1.00 X X 0 0 0 KENT KOLBE TREASURER 1.00 X X 0 0 0 SARAH HAMANN DIRECTOR 1.00 X 0 0 0 RON JONES DIRECTOR 1.00 X 0 0 0 ART SILVA DIRECTOR 1.00 X 0 0 0 JON WILCKE DIRECTOR 1.00 X 0 0 0 JOELI DOKTER DIRECTOR 1.00 X 0 0 0 KIANA JOHNSON DIRECTOR 1.00 X 0 0 0 MIKE BROEK DIRECTOR 1.00 X 0 0 0 TIMM FUNK DIRECTOR 1.00 X 0 0 0 CHANCE BERNSTRAUCH DIRECTOR 1.00 X 0 0 0 KAYLEE JOHNSON DIRECTOR 1.00 X 0 0 0 MARK GAUL DIRECTOR 1.00 X 0 0 0 BRANDON KROTZ DIRECTOR 1.00 X 0 0 0 DARWIN GAMM DIRECTOR 1.00 X 0 0 0 ANGEL WALLACE DIRECTOR 1.00 X 0 0 0 TERRY KREI DIRECTOR 1.00 X 0 0 0 ALEX WATTERS DIRECTOR 1.00 X 0 0 0 KEITH RADIG DIRECTOR 1.00 X 0 0 0 ANDY SCHMIDT DIRECTOR 1.00 X 0 0 0 JEFF EATON DIRECTOR 1.00 X 0 0 0 JACQUELINE NOHR EXECUTIVE VICE PRESIDENT 40.00 X 91734 0 34187 91734 0 34187 0 0 0 0 0 145070 145070 LOAN SERVICING FEES 900099 424617 424617 INTEREST ON LOANS 900099 157607 157607 LOAN PROCESSING FEES 900099 81053 81053 REIMBURSEMENT OF LOAN 900099 25462 25462 688739 206678 206678 1040487 688739 0 206678 29560 29560 145575 109182 36393 237049 228515 8534 38209 37660 549 26538 23784 2754 20717 20717 23182 23182 5647 5647 20551 9427 11124 42964 30313 12651 3029 3029 1530 1530 10126 10126 16478 16478 DUES 20029 20029 LOAN CLOSING COSTS 15004 15004 MISCELLANEOUS 9232 9232 LOAN SERVICING EXPENSE 2165 2165 -110500 -110500 557085 408930 148155 0 85387 9610 1694073 2482084 777 2297 3093575 2844335 429170 186990 252306 242180 25889 28271 5152007 5608777 84967 73786 152932 137481 237899 211267 X 2677565 3038964 2236543 2358546 4914108 5397510 5152007 5608777 483402 0 X X 0 1 X 1 1 1 353332 111152 242180 75838 75838 0 242180 1150987 110500 110500 1040487 0 1040487 667585 0 667585 -110500 -110500 557085 PART XI, LINE 2D - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSSES, NET OF RECOVERIES PART XII, LINE 4B - OTHER ADJUSTMENTS: PROVISION FOR LOAN LOSSES, NET OF RECOVERIES 1 SIOUXLAND INITIATIVE 101 PIERCE STREET SIOUX CITY IA 51101 421328697 501(C)(6) 5500 0 TO SUPPORT SIOUXLAND INITIATIVE'S REGIONAL ECONOMIC DEVELOPMENT EFFORTS. IOWA'S WEST COAST INITIATIVE 6401 GORDON DRIVE SIOUX CITY IA 51106 873212695 501(C)(3) 6000 0 TO SUPPORT IOWA'S WEST COAST INITIATIVE'S REGIONAL ECONOMIC DEVELOPMENT EFFORTS. 1 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY JACQUELINE NOHR, EXECUTIVE VICE PRESIDENT, ADAM TURNER, PORTFOLIO MANAGER, AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSTANTLY MONITORS TO ENSURE THAT INDIVIDUALS WITH A CONFLICT ARE NOT INVOLVED WITH PROJECTS FOR WHICH THEY HAVE CONFLICTS. THIS PERIODICALLY MAY REQUIRE ADJUSTMENTS TO THE INDIVIDUAL BOARD MEMBERS PARTICIPATING IN LOAN OR SERVICING COMMITTEE MEETINGS, SHOULD THE CONFLICT INVOLVE A MEMBER OF ONE OF THOSE COMMITTEES. BOARD MEMBERS ARE REMINDED AT EACH MEETING OF BOTH THE NEED FOR CONFIDENTIALITY FOR THE INFORMATION THEY ARE REVIEWING AND ALSO ASKED IF THERE ARE ANY CONFLICTS OF INTEREST WITH ANY OF THE MATTERS DISCUSSED. IF A BOARD MEMBER HAS A CONFLICT IT IS NOTED IN THE MINUTES AND THE BOARD MEMBER DOES NOT VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE OF THE ORGANIZATION AND APPROVES THE SALARY AND ANY PERFORMANCE BONUS OF EXECUTIVE AND NON-ADMINISTRATIVE EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.