Nonprofit · EIN 42-1301169
SOUTHERN IOWA DEVELOPMENT GROUP INC
Tax-exempt · CRESTON, IA 50801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $85,405 | $26,738 | $58,667 | $3,341,185 | $33,811 | $3,307,374 |
| September 30, 2024 | 990 | $61,886 | $35,448 | $26,438 | $3,320,024 | $69,908 | $3,250,116 |
| September 30, 2023 | 990 | $70,030 | $37,737 | $32,293 | $3,309,527 | $85,849 | $3,223,678 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $40,086
- Investment income
- $45,319
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7
- Program services (functional)
- $4,956
- Management and general (functional)
- $21,782
Balance sheet and other
- Total assets, start of year
- $3,320,024
- Total assets, end of year
- $3,341,185
- Total liabilities, end of year
- $33,811
- Net assets, end of year
- $3,307,374
- Gross receipts
- $85,405
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1987
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| BETH WADDLE | EXECUTIVE DIRECTOR UNTIL DECEMBER 2024 Trustee or director, Officer | 1 | $0 | $104,571 | $29,716 |
| JUDY BRIMM | INTERIM EXECUTIVE DIRECTOR STARTING JANUARY 2025 Trustee or director, Officer | 1 | $0 | $82,446 | $11,276 |
| DIANE FITCH | DIRECTOR/VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JERRY WALKER | DIRECTOR/CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KAREN ZABEL | DIRECTOR/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SCOTT AKIN | DIRECTOR/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ASHLEY ECKELS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| COLBY HOLMES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUG DAVIDSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DOUG THARP | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JODIE GEIST | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MEGGAN ROAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RAELYNNE RISSER ROBISON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RANDY DUNBAR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RICK FRIDAY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RYAN MARQUARDT | DIRECTOR Trustee or director | 1 | $0 |
| SAM WENGRYN | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE PANTINI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLBY HOLMES | DIRECTOR Trustee or director | 1 | $0 |
| JERRY WALKER | CHAIR Trustee or director, Officer | 1 | $0 |
| SCOTT AKIN | TREASURER Trustee or director, Officer | 1 | $0 |
| KAREN ZABEL | SECRETARY Trustee or director, Officer | 1 | $0 |
| RICK FRIDAY | DIRECTOR Trustee or director | 1 | $0 |
| BETH WADDLE | EXECUTIVE DIRECTOR Trustee or director | 0 | $0 |
| DIANE FITCH | VICE - CHAIR Trustee or director, Officer | 1 | $0 |
| RANDY DUNBAR | DIRECTOR Trustee or director | 1 | $0 |
| SAM WENGRYN | DIRECTOR Trustee or director | 1 | $0 |
| DOUG DAVIDSON | DIRECTOR Trustee or director | 1 | $0 |
| RAELYNNE RISSER | DIRECTOR Trustee or director | 1 | $0 |
| MEGGAN ROAN | DIRECTOR Trustee or director | 1 | $0 |
| JODIE GEIST | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE PANTINI | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COLBY HOLMES | DIRECTOR Trustee or director | 1 | $0 |
| JERRY WALKER | CHAIR Trustee or director, Officer | 1 | $0 |
| SCOTT AKIN | TREASURER Trustee or director, Officer | 1 | $0 |
| KAREN ZABEL | SECRETARY Trustee or director, Officer | 1 | $0 |
| RICK FRIDAY | DIRECTOR Trustee or director | 1 | $0 |
| BETH WADDLE | EXECUTIVE DIRECTOR Trustee or director | 0 | $0 |
| DIANE FITCH | VICE - CHAIR Trustee or director, Officer | 1 | $0 |
| RANDY DUNBAR | DIRECTOR Trustee or director | 1 | $0 |
| SAM WENGRYN | DIRECTOR Trustee or director | 1 | $0 |
| DOUG DAVIDSON | DIRECTOR Trustee or director | 1 | $0 |
| RAELYNNE RISSER | DIRECTOR Trustee or director | 1 | $0 |
| TOM LENERS | DIRECTOR Trustee or director | 1 | $0 |
| JODIE GEIST | DIRECTOR Trustee or director | 1 | $0 |
| WAYNE PANTINI | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 101 E MONTGOMERY ST, CRESTON, IA 50801-2406
- Principal officer (990 for 2024)
- JERRY WALKER, 101 EAST MONTGOMERY STREET, CRESTON, IA 50801
- Signed the 990
- JERRY WALKER, CHAIR
- Phone
- (641) 782-8491
- Return prepared by
- FORVIS MAZARS LLP
Mission
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.
Program accomplishments
- 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.Expenses $3,661 · revenue $40,017
- FOR THE FIRST TIME HOMEBUYER PROGRAM, WE CLOSED ON NO NEW LOANS IN THE FISCAL YEAR. WE SERVICED THE EXISTING OUTSTANDING LOANS.Expenses $1,295 · revenue $69
- 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.0
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 42-1301169
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S32Z)
- Assets (IRS master file)
- $3,341,185
- Income (IRS master file)
- $85,405
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $85,405 | $26,738 | $3,341,185 | XML |
| 990 | September 2024 | $61,886 | $35,448 | $3,320,024 | XML |
| 990 | September 2023 | $70,030 | $37,737 | $3,309,527 | XML |
| 990 | September 2022 | $233,910 | $58,627 | $3,298,047 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 42-1301169).
Questions about SOUTHERN IOWA DEVELOPMENT GROUP INC
- What is the EIN of SOUTHERN IOWA DEVELOPMENT GROUP INC?
- The employer identification number (EIN) of SOUTHERN IOWA DEVELOPMENT GROUP INC is 42-1301169.
- Is SOUTHERN IOWA DEVELOPMENT GROUP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to SOUTHERN IOWA DEVELOPMENT GROUP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHERN IOWA DEVELOPMENT GROUP 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 SOUTHERN IOWA DEVELOPMENT GROUP INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHERN IOWA DEVELOPMENT GROUP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SOUTHERN IOWA DEVELOPMENT GROUP INC?
- The 990 for the year ended September 30, 2025 names JERRY WALKER.
- Who are the officers and directors of SOUTHERN IOWA DEVELOPMENT GROUP INC?
- The 990 for the year ended September 30, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does SOUTHERN IOWA DEVELOPMENT GROUP INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $85,405, expenses of $26,738 and total assets of $3,341,185 at year end.
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