2026-06-22T09:19:26-05:00 2025-09-30 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2024-10-01 421437567 MID IOWA DEVELOPMENT FUND INC MIDI 7127929914 PO BOX 768 CARROLL IA 51401 TROY BOELMAN BOARD PRESIDENT 7127929914 2026-06-22 1 0 STEVE BRUNER P01266887 5152258400 2024 2025-03-06 01:10:19Z TROY BOELMAN 1009 E ANTHONY ST CARROLL IA 51401 17686 0 X NA X 1995 IA TO FURTHER THE ECONOMIC DEVELOPMENT OF THE REGION COMPRISED OF THE IOWA COUNTIES OF BOONE, DALLAS, JASPER, MARION, POLK, STORY AND WARREN, AS WELL AS THE CITIES LOCATED THEREIN.TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL AND MEDIUM SIZED BUSINESS CONCERNS IN SAID AREA.TO STIMULATE BUSINESS OPPORTUNITIES AND DEVELOPMENT IN SAID AREA AS MEASURED BY INCREASED EMPLOYMENT, PAYROLLS, BUSINESS VOLUME AND CORRESPONDING COMMUNITY BENEFITS, AS OPPOSED TO MONETARY BENEFITS TO THE MEMBERS OF THIS CORPORATION. 15 15 0 0 0 0 0 0 12037 16032 16436 1654 0 0 28473 17686 0 0 0 0 0 0 0 0 0 140236 142462 140236 142462 -111763 -124776 907061 778265 4020 0 903041 778265 X TO FURTHER THE ECONOMIC DEVELOPMENT OF THE REGION COMPRISED OF THE IOWA COUNTIES OF BOONE, DALLAS, JASPER, MARION, POLK, STORY AND WARREN, AS WELL AS THE CITIES LOCATED THEREIN.TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL AND MEDIUM SIZED BUSINESS CONCERNS IN SAID AREA.TO STIMULATE BUSINESS OPPORTUNITIES AND DEVELOPMENT IN SAID AREA AS MEASURED BY INCREASED EMPLOYMENT, PAYROLLS, BUSINESS VOLUME AND CORRESPONDING COMMUNITY BENEFITS, AS OPPOSED TO MONETARY BENEFITS TO THE MEMBERS OF THIS CORPORATION. 0 0 142462 AID, PROMOTE, AND STIMULATE BUSINESS OPPORTUNITIES AND DEVELOPMENT IN THE REGION IT SERVES. 142462 1 0 0 0 0 0 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 0 0 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 X 15 15 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RICHARD HUNSAKER 7127929914 1009 EAST ANTHONY STREET CARROLL IA 51401 X TROY BOELMAN PRESIDENT 1.00 X X 0 0 0 MICHELLE FULLERTON VICE PRESIDENT 1.00 X X 0 0 0 MARC MEYER SECY/TREASURER 1.00 X X 0 0 0 RYAN MOFFATT MEMBER 1.00 X 0 0 0 BRAD GOLIGHTLY MEMBER 1.00 X 0 0 0 DYLAN KLINE MEMBER 1.00 X 0 0 0 LINDA MURKEN MEMBER 1.00 X 0 0 0 JEFF DAVIDSON MEMBER 1.00 X 0 0 0 CRYSTAL MCINTYRE MEMBER 1.00 X 0 0 0 CLINT WELLING MEMBER 1.00 X 0 0 0 HOLLIE ZAJIECK MEMBER 1.00 X 0 0 0 CRAIG DOWNS MEMBER 1.00 X 0 0 0 DAN NEILAND MEMBER 1.00 X 0 0 0 MATT MCCOY MEMBER 1.00 X 0 0 0 CHRIS CATALDO MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 REVOLVING LOAN FUND IN 999999 16032 16032 16032 1654 1654 17686 17686 0 0 16808 16808 8450 8450 236 236 CREDIT LOSSES 116968 116968 142462 142462 0 0 442602 354922 464459 423343 907061 778265 4020 0 4020 0 X 471371 342941 431670 435324 903041 778265 907061 778265 -124776 0 X X 0 1 X 1 1 1 X 54476 420790 0 0 0 475266 19747 20810 20758 12037 16032 89384 74223 441600 20758 12037 16032 564650 0 0 0 564650 414 777 5612 16436 1654 24893 414 777 5612 16436 1654 24893 74637 442377 26370 28473 17686 589543 0.95780 0.04220 X 0 17686 0 17686 0 17686 142462 0 142462 0 142462 FORM 990, PART VI, SECTION A, LINE 7A THE MID IOWA DEVELOPMENT BOARD IS MADE UP OF FOUR (4) ELECTED OFFICIALS FROM PARTICIPATING COUNTIES AND TEN (10) REPRESENTATIVES FROM THE PRIVATE SECTOR, COMMUNITY DEVELOPMENT ORGANIZATIONS, LENDING INSTITUTIONS OR LOCAL MUNICIPALITIES, ALL OF WHOM MUST BE A RESIDENT OF A PARTICIPATING COUNTY. WHEN A VACANCY OCCURS THROUGH OUT THE YEAR, THE CURRENT BOARD WILL APPROVE THOSE WILLING TO SERVE AS A DIRECTOR AT THEIR QUARTERLY MEETINGS. THERE ARE NO TERM LIMITS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS APPROVES THE AUDIT REPORT FOR THE YEAR THEN ENDED SEPTEMBER 30 AT THEIR QUARTERLY MEETING. THE FORM 990 IS PREPARED FROM THE AUDITED FINANCIAL STATEMENTS AND IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR IS AUTHORIZED TO REVIEW AND SIGN THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE ORGANIZATION'S DISBURSEMENTS QUARTERLY AND MAY INQUIRE ABOUT ANY CONFLICT OF INTEREST EXISTENCE. THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTERESTS BY SIGNING AGREEMENTS. FORM 990, PART VI, SECTION B, LINE 15 THE EXCUTIVE DIRECTORS COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPARABLE COMPENSATION DATA IS COLLECTED AND REVIEWED DURING THIS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR.