2026-08-14T14:19:03+00:00 2025-09-30 440160260 FORVIS MAZARS LLP 1201 WALNUT STREET SUITE 1700 KANSAS CITY MO 641062246 990 2024-10-01 421301169 SOUTHERN IOWA DEVELOPMENT GROUP LLC SOUT 6417828491 101 EAST MONTGOMERY STREET CRESTON IA 50801 JERRY WALKER CHAIR 2026-08-14 true ANGELA LEININGER P01721142 8162216300 2026-08-14 2024 2025-03-06 01:10:19Z JERRY WALKER 101 EAST MONTGOMERY STREET CRESTON IA 50801 85405 false X https://www.sicog.com/southern-iowa-development-group/ X 1987 IA TO FURTHER THE ECONOMIC DEVELOPMENT OF THE REGION, TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS AND TO STIMULATE BUSINESS OPPORTUNITIES IN THE COUNTIES OF ADAIR, ADAMS, CLARKE (CONTINUED ON SCHEDULE O). 14 13 0 0 0 0 0 29619 40086 21776 45319 10491 0 61886 85405 0 0 0 0 0 0 0 0 35448 26738 35448 26738 26438 58667 3320024 3341185 69908 33811 3250116 3307374 TO FURTHER THE ECONOMIC DEVELOPMENT OF THE REGION, TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS AND TO STIMULATE BUSINESS OPPORTUNITIES IN THE COUNTIES OF ADAIR, ADAMS, CLARKE, DECATUR, UNION, MADISON, RINGGOLD, AND TAYLOR IN SOUTHERN IOWA. false false 3661 0 40017 WE CLOSED ON ONE NEW LOAN THIS FISCAL YEAR. WE CONTINUE TO SERVICE THE EXISTING OUTSTANDING LOANS. ADDITIONALLY, MANY CONTACTS WERE MADE WITH POTENTIAL NEW INDUSTRIES. WE PROVIDE GAP FINANCING TO ASSIST COMPANIES IN OBTAINING LOANS FROM BANKS AND GRANTS FROM THE STATE. WITH THESE LOANS, WE REQUIRE A CERTAIN NUMBER OF JOBS TO BE CREATED AND A CERTAIN AMOUNT OF PRIVATE INVESTMENT IN THE PROJECT. 1295 0 69 FOR THE FIRST TIME HOMEBUYER PROGRAM, WE CLOSED ON NO NEW LOANS IN THE FISCAL YEAR. WE SERVICED THE EXISTING OUTSTANDING LOANS. 0 0 0 WE ALSO OPERATE A SMALL CITIES LOAN PROGRAM WHERE LOANS ARE MADE TO CITIES FOR COMMUNITY FACILITIES OR EQUIPMENT. DURING THE YEAR, WE HAD NO LOANS OUTSTANDING IN RELATION TO THIS PROGRAM. 4956 true false false false false false false false false false false false true false true false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true true true false false true 0 0 0 false false false false false false false false false false false false X 14 13 true false false false true true false true true false false false true true true true true true false false false false X JUDY BRIMM 6417828491 101 EAST MONTGOMERY STREET CRESTON IA 50801 BETH WADDLE EXECUTIVE DIRECTOR UNTIL DECEMBER 2024 1.0 41.0 X X 0 104571 29716 DIANE FITCH DIRECTOR/VICE-CHAIR 1.0 2.0 X X 0 0 0 JERRY WALKER DIRECTOR/CHAIR 1.0 2.0 X X 0 0 0 JUDY BRIMM INTERIM EXECUTIVE DIRECTOR STARTING JANUARY 2025 1.0 41.0 X X 0 82446 11276 KAREN ZABEL DIRECTOR/SECRETARY 1.0 2.0 X X 0 0 0 SCOTT AKIN DIRECTOR/TREASURER 1.0 2.0 X X 0 0 0 ASHLEY ECKELS DIRECTOR 1.0 2.0 X 0 0 0 COLBY HOLMES DIRECTOR 1.0 2.0 X 0 0 0 DOUG DAVIDSON DIRECTOR 1.0 2.0 X 0 0 0 DOUG THARP DIRECTOR 1.0 2.0 X 0 0 0 JODIE GEIST DIRECTOR 1.0 2.0 X 0 0 0 MEGGAN ROAN DIRECTOR 1.0 2.0 X 0 0 0 RAELYNNE RISSER ROBISON DIRECTOR 1.0 2.0 X 0 0 0 RANDY DUNBAR DIRECTOR 1.0 2.0 X 0 0 0 RICK FRIDAY DIRECTOR 1.0 2.0 X 0 0 0 RYAN MARQUARDT DIRECTOR 1.0 2.0 X 0 0 0 SAM WENGRYN DIRECTOR 1.0 2.0 X 0 0 0 WAYNE PANTINI DIRECTOR 1.0 2.0 X 0 0 0 0 187017 40992 0 false false false 0 0 LOAN INTEREST INCOME 520000 35075 35075 ORIGINATION FEES 520000 5011 5011 0 0 0 0 40086 45319 45319 0 0 0 0 0 0 0 0 0 85405 40086 0 45319 X 7 7 25618 3843 21775 0 1113 1113 0 0 0 0 26738 4956 21782 0 0 0 2252656 1994149 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1067368 1347036 0 0 0 0 3320024 3341185 69908 8193 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25618 69908 33811 0 0 0 0 X 0 0 0 0 3250116 3307374 3250116 3307374 3320024 3341185 X 58667 -1414 5 X false true true false X 1189502 208903 0 0 0 1398405 27290 23198 27757 29619 40086 147950 0 0 0 1216792 232101 27757 29619 40086 1546355 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1546355 1803 1809 16952 21776 45319 87659 0 1803 1809 16952 21776 45319 87659 0 42 0 25321 10491 0 35854 1218637 233910 70030 61886 85405 1669868 0.92603 0.9713 0.05 0.03 X SCHEDULE A, PART III, LINE 12 OTHER INCOME DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 42.0, COLUMN B - 0.0, COLUMN C - 25321.0, COLUMN D - 10491.0, COLUMN E - 0.0, COLUMN F - 35854.0; LOANS RECEIVABLE 1347036 C 1347036 FEDERAL INCOME TAXES DUE TO RELATED ORGANIZATION 25618 25618 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE D, PART X, LINE 2 UNCERTIAN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. FORM 990, PART I, LINE 1 DESCRIPTION OF ORGANIZATIONAL MISSION DECATUR, UNION, MADISON, RINGGOLD, AND TAYLOR IN SOUTHERN IOWA. FORM 990, PART VI, LINE 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS BETH WADDLE, JUDY BRIMM, AND ALL DIRECTORS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS THE ORGANIZATION HAS MEMBERS AS PROVIDED IN ITS BYLAWS. MEMBERSHIP INCLUDES ALL MEMBERS OF THE EXECUTIVE BOARD OF THE SOUTHERN IOWA COUNCIL OF GOVERNMENTS AND THE ORIGINAL INCORPORATORS. THE BYLAWS PROVIDE THAT MEMBERSHIP SHALL NOT BE FEWER THAN TEN MEMBERS. MEMBERSHIP ALSO INCLUDES ONE REPRESENTATIVE FROM LOCAL GOVERNMENTS, ONE REPRESENTATIVE FROM THE PRIVATE SECTOR AND/OR COMMUNITY/DEVELOPMENT ORGANIZATIONS, AND ONE REPRESENTATIVE FROM LENDING INSTITUTIONS, APPOINTED BY ORGANIZATIONS AND/OR GOVERNMENTS PARTICIPATING IN THE REVOLVING LOAN FUND PROGRAM. VACANCIES IN THESE REPRESENTATIVE MEMBER POSITIONS ARE FILLED BY APPOINTMENT BY THE PARTICIPATING REVOLVING LOAN FUND ENTITY, SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 7A MEMBERS OR STOCKHOLDERS ELECTING MEMBERS OF GOVERNING BODY ALL DIRECTORS OF THE ORGANIZATION MUST BE MEMBERS OF THE ORGANIZATION. DIRECTORS ARE ELECTED ANNUALLY BY THE MEMBERS. FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODY AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE 990. THE 990 IS THEN REVIEWED BY THE ORGANIZATION'S EXECUTIVE DIRECTOR. ANY QUESTIONS OR CONCERNS FROM THE EXECUTIVE DIRECTOR ARE ADDRESSED, AND ANY NECESSARY CORRECTIONS ARE MADE. A COPY OF THE 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY A CONFLICT OF INTEREST FORM IS DISTRIBUTED TO ALL DIRECTORS AND OFFICERS ANNUALLY FOR REVIEW AND SIGNATURE. THE ORGANIZATION REQUIRES DIRECTORS AND OFFICERS TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE. THE BOARD OF DIRECTORS EVALUATES POTENTIAL CONFLICTS AND DETERMINES IF A CONFLICT EXISTS. INDIVIDUALS WITH A CONFLICT ARE PROHIBITED FROM PARTICIPATING IN DELIBERATIONS OR VOTING ON MATTERS RELATING TO THE CONFLICT. FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST, DURING NORMAL BUSINESS HOURS. FORM 990, PART IX, LINE 11G OTHER FEES CONTRACTUAL EXPENSES - TOTAL EXPENSE: 25618, PROGRAM SERVICE EXPENSE: 3843, MANAGEMENT AND GENERAL EXPENSES: 21775, FUNDRAISING EXPENSES: 0; FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES OTHER CHANGES IN NET ASSETS - 5; TOTAL - 5; SOUTHERN IOWA COUNCIL OF GOVERNMENTS 101 E MONTGOMERY STREET CRESTON IA 50801 421006150 COMMUNITY DEVELOPMENT IA NA false SOUTHERN IOWA COG HOUSING TRUST FUND INC 101 E MONTGOMERY ST CRESTON IA 50801 010838477 HOUSING ASSISTANCE IA 501(C)(3) 7 SOUTHERN IOWA COUNCIL OF GOVERNMENTS true false false false false false false false false false false false false false true true false false true false