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Nonprofit · EIN 42-1203842

IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU

Tax-exempt · CORALVILLE, IA 52241

Financials

$2.2M$2.1M2023$1.9M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,921,049$1,722,350$198,699$952,950$64,607$888,343
June 30, 2024990$2,229,214$2,093,421$135,793$749,365$59,721$689,644
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,492,045
of which government grants
$1,492,045
Program service revenue
$156,054
Investment income
$23,321
Net income from fundraising events
$8,512
Net income from sales of inventory
-$2,560
Other revenue
$249,629

Expenses

Grants and similar amounts paid
$295,851
Compensation of officers, directors and key employees
$290,067
Other salaries and wages
$373,858
Salaries, compensation and benefits (total)
$795,935
Professional fundraising fees
$0
Accounting fees
$9,631
Occupancy
$25,519
Depreciation
$52,858
Program services (functional)
$1,722,350

Balance sheet and other

Total assets, start of year
$749,365
Total assets, end of year
$952,950
Total liabilities, end of year
$64,607
Net assets, end of year
$888,343
Land, buildings and equipment
$267,962
Net assets without donor restrictions
$888,343
Gross receipts
$2,037,941
Employees
20
Volunteers
0
Year formed
1983
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOSH SCHAMBERGERCEO/EX-OFFICIO
Officer
40$179,602$2,500
NICK KAEDINGSENIOR VP OF FINANCE & ADMINISTRATION
Officer
40$114,133$0
LAURA SORIDEDIRECTOR
Trustee or director
0.25$0$0
PETER MATTHESDIRECTOR
Trustee or director
0.25$0$0
MITCH GROSSCHAIR
Trustee or director, Officer
1$0$0
SHANTI ROUNDTREEDIRECTOR
Trustee or director
0.25$0$0
MEGHANN FOSTERTREASURER
Trustee or director, Officer
1$0$0
DALE ARENSDIRECTOR
Trustee or director
0.25$0$0
BRIAN FLYNNSECRETARY
Trustee or director, Officer
1$0$0
ROD SULLIVANDIRECTOR/EX-OFFICIO
Trustee or director
0.25$0$0
BRUCE TEAGUEDIRECTOR
Trustee or director
0.25$0$0
TIM SCHROEDERDIRECTOR
Trustee or director
0.25$0$0
MATT TRAETOWDIRECTOR
Trustee or director
0.25$0$0
BRENT SMITHDIRECTOR
Trustee or director
0.25$0$0
JAKE MOOREVICE CHAIR
Trustee or director, Officer
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
JEFF CAPPSDIRECTOR
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensation
JOSH SCHAMBERGEREX-OFFICIO
Trustee or director
40$178,270
LAURA SORIDEDIRECTOR
Trustee or director
2$0
PETER MATTHESDIRECTOR
Trustee or director
2$0
MITCH GROSSVICE CHAIR
Trustee or director, Officer
2$0
SHANTI ROUNDTREEPAST CHAIR
Trustee or director, Officer
2$0
MEGHANN FOSTERSECRETARY
Trustee or director, Officer
2$0
DALE ARENSDIRECTOR
Trustee or director
1$0
BRIAN FLYNNDIRECTOR
Trustee or director
1$0
KELLY MURPHYCHAIR
Trustee or director, Officer
1$0
ROYCEANN PORTEREX-OFFICIO
Trustee or director
1$0
BRUCE TEAGUEDIRECTOR
Trustee or director
1$0
TIM SCHROEDERDIRECTOR
Trustee or director
1$0
MATT TRAETOWDIRECTOR
Trustee or director
1$0
BRENT SMITHDIRECTOR
Trustee or director
1$0
JAKE MOORETREASURER
Trustee or director, Officer
1$0
JEFF CAPPSDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
900 1ST AVE, CORALVILLE, IA 52241-2108
Principal officer (990 for 2024)
JOSH SCHAMBERGER, 900 FIRST AVENUE, CORALVILLE, IA 52241
Signed the 990
JOSH SCHAMBERGER, PRESIDENT
Phone
(319) 337-6592
Return prepared by
HONKAMP PC

Mission

THE BUREAU IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE ECONOMIC VITALITY AND QUALITY OF LIFE FOR RESIDENTS AND VISITORS AS IOWA'S PREMIER DESTINATION.

990 for the year ended June 30, 2025

Program accomplishments

  • PROMOTION OF THE IOWA CITY/CORALVILLE AREA AS A SITE FOR CONVENTIONS, TOURISM AND OTHER SPECIAL EVENTS TO ATTRACT VISITORS TO THE COMMUNITY.
    Expenses $1,722,350 · grants $295,851

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1203842
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$952,950
Income (IRS master file)
$2,037,941

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,921,049$1,722,350$952,950XML
990June 2024$2,229,214$2,093,421$749,365XML
990June 2023$1,433,334$1,618,077$584,354IRS
990June 2022$1,138,390$1,165,991$738,594IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 42-1203842).

Questions about IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU

What is the EIN of IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU?
The employer identification number (EIN) of IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU is 42-1203842.
Is IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1984.
Are donations to IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU 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 IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU?
The 990 for the year ended June 30, 2025 names JOSH SCHAMBERGER.
Who are the officers and directors of IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU?
The 990 for the year ended June 30, 2025 lists 16 people; 2 received compensation from the organization, the highest $179,602 (JOSH SCHAMBERGER, CEO/EX-OFFICIO).
How much revenue does IOWA CITY-CORALVILLE CONVENTION AND VISTORS BUREAU have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,921,049, expenses of $1,722,350 and total assets of $952,950 at year end.

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