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Nonprofit · EIN 42-0984599

SHELDON CHAMBER & DEVEOPMENT CORP

Tax-exempt · SHELDON, IA 51201

Financials

$563K$492K2023$543K$492K2024
Revenue Expenses · by fiscal year end
Financials of SHELDON CHAMBER & DEVEOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$542,537$492,205$50,332$4,819,963$2,496,529$2,323,434
December 31, 2023990$562,634$491,960$70,674$4,847,679$2,574,578$2,273,101
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$233,964
of which government grants
$130,000
Membership dues
$103,964
Program service revenue
$212,076
Investment income
$72,796
Other revenue
$23,701

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$62,896
Other salaries and wages
$149,787
Salaries, compensation and benefits (total)
$239,531
Professional fundraising fees
$0
Accounting fees
$26,150
Program services (functional)
$319,961
Management and general (functional)
$172,244

Balance sheet and other

Total assets, start of year
$4,847,679
Total assets, end of year
$4,819,963
Total liabilities, end of year
$2,496,529
Net assets, end of year
$2,323,434
Net assets without donor restrictions
$2,323,434
Gross receipts
$542,537
Employees
6
Volunteers
65
Year formed
1992
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.

NameTitleHours / weekCompensation
TANIA HERRERA GONZALESEXECUTIVE DI
Officer
–$62,896
TREVOR GUTTULADIRECTOR
Trustee or director
1$0
APRIL SCHAEFFERDIRECTOR
Trustee or director
1$0
DANIEL TEN CLAYDIRECTOR
Trustee or director
1$0
BRAD HINDTDIRECTOR
Trustee or director
1$0
TOM EGGERSDIRECTOR
Trustee or director
1$0
JUSTIN JONASPRESIDENT
Trustee or director, Officer
1$0
SAM KOOIKERDIRECTOR
Trustee or director
1$0
CORY MYERDIRECTOR
Trustee or director
1$0
CRAIG VAN MEETERENDIRECTOR
Trustee or director
1$0
ELISE HUSSDIRECTOR
Trustee or director
1$0
JENNI VANDER SLUISDIRECTOR
Trustee or director
1$0
SAM WAGNERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationFrom related orgs
CURT STROUTHEXECUTIVE DI
Officer
–$0$66,771
JOSH OSBORNDIRECTOR
Trustee or director, Officer
1$0$0
TREVOR GUTTULAPAST PRESIDE
Trustee or director, Officer
1$0$0
APRIL SCHAEFFERSECRETARY/TR
Trustee or director, Officer
1$0$0
DANIEL TEN CLAYDIRECTOR
Trustee or director
1$0$0
BRAD HINDTDIRECTOR
Trustee or director
1$0$0
TOM EGGERSDIRECTOR
Trustee or director
1$0$0
GERED DE HOOGHDIRECTOR
Trustee or director
1$0$0
JUSTIN JONASPRESIDENT
Trustee or director, Officer
1$0$0
CRAIG VAN MEETERENVICE PRESIDE
Trustee or director, Officer
1$0$0
TANIA HERRERA GONZALESINCOMING EXE
Officer
–$0$0
ELISE HUSSDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 276, SHELDON, IA 51201-0276
Principal officer (990 for 2024)
TANIA HERRERA GONZALES, 416 9TH ST PO BOX 276, SHELDON, IA 51201
Signed the 990
JUSTIN JONAS, PRESIDENT
Phone
(712) 324-2813
Return prepared by
WILLIAMS & COMPANY CPA PC

Mission

RETAIL & TRADE DEVELOPMENT

990 for the year ended December 31, 2024

Program accomplishments

  • GENERAL COMMUNITY AND TRADE DEVELOPMENT THROUGH THE OPERATION AS A CHAMBER OF COMMERCE FOR THE CITY OF SHELDON
    Expenses $287,415 · revenue $209,386
  • ECONOMIC DEVELOPMENT THROUGH THE OPERATION OF A REVOLVING LOAN FUND PROVIDING FINANCING TO LOCAL BUSINESSES
    Expenses $32,546 · revenue $2,690

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0984599
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,819,963
Income (IRS master file)
$542,537

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$542,537$492,205$4,819,963IRS
990December 2023$562,634$491,960$4,847,679XML
990December 2022$478,555$443,592$4,680,247IRS
990December 2021–––IRS
990December 2020–––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 42-0984599).

Questions about SHELDON CHAMBER & DEVEOPMENT CORP

What is the EIN of SHELDON CHAMBER & DEVEOPMENT CORP?
The employer identification number (EIN) of SHELDON CHAMBER & DEVEOPMENT CORP is 42-0984599.
Is SHELDON CHAMBER & DEVEOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2023.
Are donations to SHELDON CHAMBER & DEVEOPMENT CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHELDON CHAMBER & DEVEOPMENT CORP 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 SHELDON CHAMBER & DEVEOPMENT CORP 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 SHELDON CHAMBER & DEVEOPMENT CORP 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 SHELDON CHAMBER & DEVEOPMENT CORP?
The 990 for the year ended December 31, 2024 names TANIA HERRERA GONZALES.
Who are the officers and directors of SHELDON CHAMBER & DEVEOPMENT CORP?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $62,896 (TANIA HERRERA GONZALES, EXECUTIVE DI).
How much revenue does SHELDON CHAMBER & DEVEOPMENT CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $542,537, expenses of $492,205 and total assets of $4,819,963 at year end.

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