Nonprofit · EIN 42-1097705
MADISON COUNTY CHAMBER OF COMMERCE INC
Tax-exempt · WINTERSET, IA 50273
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $403,434 | $366,425 | $37,009 | $321,720 | $116,163 | $205,557 |
| December 31, 2023 | 990 | $307,555 | $319,080 | -$11,525 | $311,329 | $142,781 | $168,548 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $93,086
- Program service revenue
- $287,008
- Investment income
- $0
- Net rental income
- $1,348
- Net income from sales of inventory
- $21,992
- Other revenue
- $23,340
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $65,388
- Other salaries and wages
- $43,215
- Salaries, compensation and benefits (total)
- $128,667
- Professional fundraising fees
- $0
- Occupancy
- $9,333
- Depreciation
- $8,481
- Program services (functional)
- $244,120
- Management and general (functional)
- $56,917
Balance sheet and other
- Total assets, start of year
- $311,329
- Total assets, end of year
- $321,720
- Total liabilities, end of year
- $116,163
- Net assets, end of year
- $205,557
- Land, buildings and equipment
- $66,351
- Net assets without donor restrictions
- $205,557
- Gross receipts
- $423,556
- Employees
- 12
- Volunteers
- 100
- Year formed
- 1961
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMARA HUFFINE | Executive Dir. Trustee or director | 40 | $65,388 |
| SARAH PUGH | Executive Dir. Trustee or director | 40 | $0 |
| JENNIFER FREASE | Director Trustee or director | 2 | $0 |
| MELISSA CALLSTROM | Treasurer Trustee or director, Officer | 2 | $0 |
| JON STETZEL | Vice President Trustee or director, Officer | 2 | $0 |
| ALLISSA JOHNSON | Secretary Trustee or director, Officer | 2 | $0 |
| NATE FEHL | Director Trustee or director | 2 | $0 |
| TARA KAYSEN | Director Trustee or director | 2 | $0 |
| PETER LOILER | Chairman Trustee or director, Officer | 2 | $0 |
| KRIS MILER | Director Trustee or director | 2 | $0 |
| RACHEL ELLER | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMARA HUFFINE | Executive Dir. Trustee or director | 40 | $59,511 |
| JENNIFER FREASE | Director Trustee or director | 2 | $0 |
| MELISSA CALLSTROM | Director Trustee or director | 2 | $0 |
| JEFF DICK | Treasurer Trustee or director, Officer | 2 | $0 |
| ALLISSA JOHNSON | Secretary Trustee or director, Officer | 2 | $0 |
| NATE FEHL | Vice Chairman Trustee or director, Officer | 2 | $0 |
| TARA KAYSEN | Director Trustee or director | 2 | $0 |
| PETER LOILER | Chairman Trustee or director, Officer | 2 | $0 |
| KRIS MILER | Director Trustee or director | 2 | $0 |
| NICOLE KEMS | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 73 E JEFFERSON ST, WINTERSET, IA 50273-1540
- Principal officer (990 for 2024)
- PETER LOILER, 73 E JEFFERSON ST, WINTERSET, IA 50273
- Signed the 990
- SARAH PUGH, Executive Dir.
- Phone
- (515) 462-1185
- Website
- WWW.MADISONCOUNTY.COM
- Return prepared by
- Applegate Tax & Accounting LLC
Mission
Promotion of tourism, business, and economic development in Madison County, Iowa.
Program accomplishments
- DAILY SERVICES CARRIED ON BY THE CHAMBER OFFICE WHERE BUSINESSES ARE PROMOTED AND AND TOURISTS RECEIVE INFORMATION REGARDING MADISON COUNTY, IOWA.Expenses $148,901 · revenue $86,256
- PROMOTION AND FACILIATION OF MADISON COUNTY TOURISMExpenses $68,716 · revenue $107,146
- COVERED BRIDGE FESTIVAL IS AN ANNUAL EVENT THAT PROMOTES TOURISM IN MADISON COUNTY IOWA.Expenses $65,950 · revenue $101,747
- VARIOUS EVENTS THAT PROMOTE BUSINESS AND TOURISM IN MADISON COUNTY, IOWA.Expenses $25,940 · revenue $43,576
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1097705
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1978
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41Z)
- Assets (IRS master file)
- $321,720
- Income (IRS master file)
- $423,556
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $403,434 | $366,425 | $321,720 | XML |
| 990 | December 2023 | $307,555 | $319,080 | $311,329 | XML |
| 990 | December 2022 | $608,898 | $591,606 | $344,055 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 42-1097705).
Questions about MADISON COUNTY CHAMBER OF COMMERCE INC
- What is the EIN of MADISON COUNTY CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of MADISON COUNTY CHAMBER OF COMMERCE INC is 42-1097705.
- Is MADISON COUNTY CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1978.
- Are donations to MADISON COUNTY CHAMBER OF COMMERCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MADISON COUNTY CHAMBER OF COMMERCE INC 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 MADISON COUNTY CHAMBER OF COMMERCE INC 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 MADISON COUNTY CHAMBER OF COMMERCE INC 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 MADISON COUNTY CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 names PETER LOILER.
- Who are the officers and directors of MADISON COUNTY CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $65,388 (AMARA HUFFINE, Executive Dir.).
- How much revenue does MADISON COUNTY CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $403,434, expenses of $366,425 and total assets of $321,720 at year end.
Other nonprofits in WINTERSET
- THE REFUGE EIN 81-4392668 · last filed 990 for 2025
- QUILTS OF VALOR FOUNDATION EIN 20-2474691 · last filed 990 for 2025
- JOHN WAYNE BIRTHPLACE SOCIETY LTD EIN 42-1207533 · last filed 990 for 2024
- MADISON COUNTY HISTORICAL SOCIETY EIN 23-7423189 · last filed 990-PF for 2024
- LAKEVIEW COUNTRY CLUB OF MADISON COUNTY IOWA INC EIN 42-0645901 · last filed 990 for 2024
- MADISON COUNTY LIVESTOCK & FAIR ASSOCIATION EIN 42-1088535 · last filed 990 for 2025
- TURNING POINT EVALUATION EIN 47-2843383 · last filed 990 for 2024
- MADISON COUNTY ELDERLY SERVICES INC EIN 42-1334758 · last filed 990 for 2025
All nonprofits in WINTERSET · Iowa · Community improvement and capacity building