Nonprofit · EIN 42-1336335
CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · CHEROKEE, IA 51012
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $298,105 | $257,093 | $41,012 | $865,278 | $21,233 | $844,045 |
| June 30, 2024 | 990 | $309,867 | $259,226 | $50,641 | $842,966 | $39,933 | $803,033 |
| June 30, 2023 | 990 | $284,440 | $195,498 | $88,942 | $801,679 | $49,287 | $752,392 |
| June 30, 2022 | 990 | $256,561 | $224,073 | $32,488 | $745,721 | $82,271 | $663,450 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $272,658
- Program service revenue
- $0
- Investment income
- $19,917
- Other revenue
- $5,530
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $93,831
- Other salaries and wages
- $23,956
- Salaries, compensation and benefits (total)
- $163,698
- Professional fundraising fees
- $0
- Accounting fees
- $5,975
- Occupancy
- $5,853
- Travel
- $6,000
- Depreciation
- $1,148
- Program services (functional)
- $257,093
Balance sheet and other
- Total assets, start of year
- $842,966
- Total assets, end of year
- $865,278
- Total liabilities, end of year
- $21,233
- Net assets, end of year
- $844,045
- Land, buildings and equipment
- $8,603
- Net assets without donor restrictions
- $844,045
- Gross receipts
- $298,105
- Employees
- 3
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CURT JOHNSON | PRESIDENT Trustee or director | – | $0 |
| BRENDA PERRIN | VICE PRESIDE Trustee or director | – | $0 |
| MATT PRIEBE | TREASURER Trustee or director | – | $0 |
| GARY JORDAN | SECRETARY Trustee or director | – | $0 |
| BRIAN FREED | BOARD MEMBER Trustee or director | – | $0 |
| LES TODD | BOARD MEMBER Trustee or director | – | $0 |
| MARK PIERCE | BOARD MEMBER Trustee or director | – | $0 |
| DIANE YOUNG | BOARD MEMBER Trustee or director | – | $0 |
| WILLIE ALLBAUGH | BOARD MEMBER Trustee or director | – | $0 |
| JOE SCHLENGER | BOARD MEMBER Trustee or director | – | $0 |
| DAVE WILBERDING | BOARD MEMBER Trustee or director | – | $0 |
| JENNIFER CONNER | BOARD MEMBER Trustee or director | – | $0 |
| JOHN NITZ | BOARD MEMBER Trustee or director | – | $0 |
| KENNY SCHLENGER | BOARD MEMBER Trustee or director | – | $0 |
| BRYAN PETERSON | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended June 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CURT JOHNSON | PRESIDENT Trustee or director | – | $0 |
| BRENDA PERRIN | VICE PRESIDE Trustee or director | – | $0 |
| MATT PRIEBE | TREASURER Trustee or director | – | $0 |
| GARY JORDAN | SECRETARY Trustee or director | – | $0 |
| BRIAN FREED | BOARD MEMBER Trustee or director | – | $0 |
| RICK MONGAN | BOARD MEMBER Trustee or director | – | $0 |
| LES TODD | BOARD MEMBER Trustee or director | – | $0 |
| MARK PIERCE | BOARD MEMBER Trustee or director | – | $0 |
| DIANE YOUNG | BOARD MEMBER Trustee or director | – | $0 |
| WILLIE ALLBAUGH | BOARD MEMBER Trustee or director | – | $0 |
| JOE SCHLENGER | BOARD MEMBER Trustee or director | – | $0 |
| DAVE WILBERDING | BOARD MEMBER Trustee or director | – | $0 |
| JENNIFER CONNER | BOARD MEMBER Trustee or director | – | $0 |
| JOHN NITZ | BOARD MEMBER Trustee or director | – | $0 |
| KENNY SCHLENGER | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK MONGAN | PRESIDENT Trustee or director | – | $0 |
| CURT JOHNSON | VICE PRESIDE Trustee or director | – | $0 |
| MATT PRIEBE | TREASURER Trustee or director | – | $0 |
| AMY LOUGHLIN | SECRETARY Trustee or director | – | $0 |
| BRIAN FREED | BOARD MEMBER Trustee or director | – | $0 |
| LES TODD | BOARD MEMBER Trustee or director | – | $0 |
| DON PARROTT | BOARD MEMBER Trustee or director | – | $0 |
| DIANE YOUNG | BOARD MEMBER Trustee or director | – | $0 |
| BRENDA PERRIN | BOARD MEMBER Trustee or director | – | $0 |
| WILLIE ALLBAUGH | BOARD MEMBER Trustee or director | – | $0 |
| JOE SCHLENGER | BOARD MEMBER Trustee or director | – | $0 |
| BILL ANDERSON | BOARD MEMBER Trustee or director | – | $0 |
| ANDY CARLSON | BOARD MEMBER Trustee or director | – | $0 |
| KENNY SCHLENGER | BOARD MEMBER Trustee or director | – | $0 |
| DAVE WILBERDING | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended June 30, 2022: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK MONGAN | PRESIDENT Trustee or director | – | $0 |
| CURT JOHNSON | VICE PRESIDE Trustee or director | – | $0 |
| MATT PRIEBE | TREASURER Trustee or director | – | $0 |
| AMY LOUGHLIN | SECRETARY Trustee or director | – | $0 |
| BRIAN FREED | BOARD MEMBER Trustee or director | – | $0 |
| LES TODD | BOARD MEMBER Trustee or director | – | $0 |
| DON PARROTT | BOARD MEMBER Trustee or director | – | $0 |
| CHRIS JENNESS | BOARD MEMBER Trustee or director | – | $0 |
| BRENDA PERRIN | BOARD MEMBER Trustee or director | – | $0 |
| WILLIE ALLBAUGH | BOARD MEMBER Trustee or director | – | $0 |
| JOE SCHLENGER | BOARD MEMBER Trustee or director | – | $0 |
| MIKE DUNN | BOARD MEMBER Trustee or director | – | $0 |
| ANDY CARLSON | BOARD MEMBER Trustee or director | – | $0 |
| MARK PIERCE | BOARD MEMBER Trustee or director | – | $0 |
| DAVE WILBERDING | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 201 W MAIN ST, CHEROKEE, IA 51012-1851
- Principal officer (990 for 2024)
- CURT JOHNSON
- Signed the 990
- CURT JOHNSON, PRESIDENT
- Phone
- (712) 225-5739
- Website
- CHEROKEEIA.COM
- Return prepared by
- BURKHARDT & DAWSON CPAS
Mission
ECONOMIC DEVELOPMENT OF THE CHEROKEE AREA
Program accomplishments
- PRODUCE A POSITIVE SUPPORTIVE ATTITUDE FOR ECONOMIC DEVELOPMENT. DEVELOP DATA ON AREA INFORMATION, DEVELOP INDUSTRIAL SITES, DEVELOP TRAINING & EDUCATIONAL PROGRAMS ON ECONOMIC DEVELOPMENT.Expenses $257,093
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1336335
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $865,278
- Income (IRS master file)
- $298,105
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $298,105 | $257,093 | $865,278 | XML |
| 990 | June 2024 | $309,867 | $259,226 | $842,966 | XML |
| 990 | June 2023 | $284,440 | $195,498 | $801,679 | XML |
| 990 | June 2022 | $256,561 | $224,073 | $745,721 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 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 42-1336335).
Questions about CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION is 42-1336335.
- Is CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1991.
- Are donations to CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION 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 CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION 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 CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION 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 CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names CURT JOHNSON.
- Who are the officers and directors of CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does CHEROKEE AREA ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $298,105, expenses of $257,093 and total assets of $865,278 at year end.
Other nonprofits in CHEROKEE
- SIOUX VALLEY MEMORIAL HOSPITAL ASSOCIATION EIN 42-0707096 · last filed 990 for 2025
- CHEROKEE COUNTY RURAL WATER DISTRICT NO ONE EIN 23-7192688 · last filed 990 for 2025
- UNITED CHRISTIANS INTERNATIONAL EIN 20-0739727 · last filed 990 for 2025
- EVA R HUXFORD TRUST EIN 42-6051871 · last filed 990 for 2025
- BRUMMER STILES DUNCAN SCHOLARSHIP FUND EIN 42-6371803 · last filed 990-PF for 2025
- PRITCHARD EDUCATIONAL FUND EIN 42-6051872 · last filed 990-PF for 2025
- ECUMENICAL INSTITUTE FOR CLINICAL PASTORAL EDUCATION EIN 42-1359699 · last filed 990 for 2025
- TIEL SANFORD MEMORIAL FUND EIN 42-0680242 · last filed 990 for 2024