Nonprofit · EIN 42-1437567
MID IOWA DEVELOPMENT FUND INC
Tax-exempt · CARROLL, IA 51401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $17,686 | $142,462 | -$124,776 | $778,265 | $0 | $778,265 |
| September 30, 2024 | 990 | $28,473 | $140,236 | -$111,763 | $907,061 | $4,020 | $903,041 |
| September 30, 2023 | 990 | $26,370 | $15,869 | $10,501 | $1,014,804 | $0 | $1,014,804 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $16,032
- Investment income
- $1,654
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,450
- Program services (functional)
- $142,462
Balance sheet and other
- Total assets, start of year
- $907,061
- Total assets, end of year
- $778,265
- Total liabilities, end of year
- $0
- Net assets, end of year
- $778,265
- Net assets without donor restrictions
- $342,941
- Net assets with donor restrictions
- $435,324
- Gross receipts
- $17,686
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1995
- 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 |
|---|---|---|---|
| TROY BOELMAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHELLE FULLERTON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARC MEYER | SECY/TREASURER Trustee or director, Officer | 1 | $0 |
| RYAN MOFFATT | MEMBER Trustee or director | 1 | $0 |
| BRAD GOLIGHTLY | MEMBER Trustee or director | 1 | $0 |
| DYLAN KLINE | MEMBER Trustee or director | 1 | $0 |
| LINDA MURKEN | MEMBER Trustee or director | 1 | $0 |
| JEFF DAVIDSON | MEMBER Trustee or director | 1 | $0 |
| CRYSTAL MCINTYRE | MEMBER Trustee or director | 1 | $0 |
| CLINT WELLING | MEMBER Trustee or director | 1 | $0 |
| HOLLIE ZAJIECK | MEMBER Trustee or director | 1 | $0 |
| CRAIG DOWNS | MEMBER Trustee or director | 1 | $0 |
| DAN NEILAND | MEMBER Trustee or director | 1 | $0 |
| MATT MCCOY | MEMBER Trustee or director | 1 | $0 |
| CHRIS CATALDO | MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RYAN MOFFATT | MEMBER Trustee or director | 1 | $0 |
| BRAD GOLIGHTLY | MEMBER Trustee or director | 1 | $0 |
| DYLAN KLINE | MEMBER Trustee or director | 1 | $0 |
| MICHELLE FULLERTON | MEMBER Trustee or director | 1 | $0 |
| LINDA MURKEN | MEMBER Trustee or director | 1 | $0 |
| JEFF DAVIDSON | MEMBER Trustee or director | 1 | $0 |
| CRYSTAL MCINTYRE | MEMBER Trustee or director | 1 | $0 |
| CLINT WELLING | MEMBER Trustee or director | 1 | $0 |
| HOLLIE ZAJIECK | MEMBER Trustee or director | 1 | $0 |
| CRAIG DOWNS | MEMBER Trustee or director | 1 | $0 |
| CARLA EYSINK | MEMBER Trustee or director | 1 | $0 |
| TROY BOELMAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MARC MEYER | SECY/TREASURER Trustee or director, Officer | 1 | $0 |
| STEVE VAN OORT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended September 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TROY BOELMAN | PRESIDENT Trustee or director, Officer | – | $0 |
| CARLA EYSINK | DIRECTOR Trustee or director | – | $0 |
| MARC MEYER | SEC/TREASURER Trustee or director, Officer | – | $0 |
| STEVE VAN OORT | DIRECTOR Trustee or director | – | $0 |
| BRAD GOLIGHTLY | DIRECTOR Trustee or director | – | $0 |
| DEB BENGTSON | DIRECTOR Trustee or director | – | $0 |
| DYLAN KLINE | DIRECTOR Trustee or director | – | $0 |
| MICHELLE FULLERTON | DIRECTOR Trustee or director | – | $0 |
| JEFF DAVIDSON | DIRECTOR Trustee or director | – | $0 |
| CRYSTAL MCINTYRE | DIRECTOR Trustee or director | – | $0 |
| CLINT WELLING | DIRECTOR Trustee or director | – | $0 |
| HOLLIE ZAJICEK | DIRECTOR Trustee or director | – | $0 |
| CRAIG DOWNS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 768, CARROLL, IA 51401-0768
- In care of
- % LINDA WUNSCH
- Mailing address (990-N for 2022)
- PO BOX 768, Carroll IA 51401
- Principal officer (990 for 2024)
- TROY BOELMAN, 1009 E ANTHONY ST, CARROLL, IA 51401
- Principal officer (990-N for 2022)
- Richard Hunsaker, PO BOX 768, Carroll IA 51401
- Signed the 990
- TROY BOELMAN, BOARD PRESIDENT
- Phone
- (712) 792-9914
- Website
- https://midiowafund.com/
- Return prepared by
- DENMAN CPA LLP
Mission
TO FURTHER THE ECONOMIC DEVELOPMENT OF THE REGION COMPRISED OF THE IOWA COUNTIES OF BOONE, DALLAS, JASPER, MARION, POLK, STORY AND WARREN, AS WELL AS THE CITIES LOCATED THEREIN.TO PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS CONCERNS, INCLUDING SMALL AND MEDIUM SIZED BUSINESS CONCERNS IN SAID AREA.TO STIMULATE BUSINESS OPPORTUNITIES AND DEVELOPMENT IN SAID AREA AS MEASURED BY INCREASED EMPLOYMENT, PAYROLLS, BUSINESS VOLUME AND CORRESPONDING COMMUNITY BENEFITS, AS OPPOSED TO MONETARY BENEFITS TO THE MEMBERS OF THIS CORPORATION.
Program accomplishments
- AID, PROMOTE, AND STIMULATE BUSINESS OPPORTUNITIES AND DEVELOPMENT IN THE REGION IT SERVES.Expenses $142,462
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 42-1437567
- 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
- 1995
- Accounting year ends
- September
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $778,265
- Income (IRS master file)
- $17,686
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $17,686 | $142,462 | $778,265 | XML |
| 990 | September 2024 | $28,473 | $140,236 | $907,061 | XML |
| 990-N for 2022 Officer: Richard Hunsaker | September 30, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | September 2023 | $26,370 | $15,869 | $1,014,804 | XML |
| 990 | September 2022 | $442,377 | $38,796 | $1,005,486 | IRS |
| 990-N for 2019 Officer: Richard Hunsaker | September 30, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | September 2019 | – | – | – | IRS |
| 990-N for 2017 Officer: Linda Wunsch | September 30, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
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 42-1437567).
Questions about MID IOWA DEVELOPMENT FUND INC
- What is the EIN of MID IOWA DEVELOPMENT FUND INC?
- The employer identification number (EIN) of MID IOWA DEVELOPMENT FUND INC is 42-1437567.
- Is MID IOWA DEVELOPMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to MID IOWA DEVELOPMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MID IOWA DEVELOPMENT FUND INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MID IOWA DEVELOPMENT FUND 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 MID IOWA DEVELOPMENT FUND 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 MID IOWA DEVELOPMENT FUND INC?
- The 990 for the year ended September 30, 2025 names TROY BOELMAN.
- Who are the officers and directors of MID IOWA DEVELOPMENT FUND INC?
- The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does MID IOWA DEVELOPMENT FUND INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $17,686, expenses of $142,462 and total assets of $778,265 at year end.
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