Nonprofit · EIN 42-1445531
GRIMES AREA CHAMBER OF COMMERCE
Tax-exempt · GRIMES, IA 50111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $491,159 | $541,273 | -$50,114 | $318,690 | $90,244 | $228,446 |
| December 31, 2024 | 990 | $549,466 | $567,337 | -$17,871 | $325,890 | $47,330 | $278,560 |
| December 31, 2023 | 990 | $546,621 | $535,528 | $11,093 | $393,849 | $97,418 | $296,431 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $47,550
- of which government grants
- $10,000
- Program service revenue
- $436,479
- Investment income
- $7,130
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,000
- Compensation of officers, directors and key employees
- $128,984
- Other salaries and wages
- $126,987
- Salaries, compensation and benefits (total)
- $283,328
- Professional fundraising fees
- $0
- Accounting fees
- $8,795
- Travel
- $1,669
- Depreciation
- $2,366
Balance sheet and other
- Total assets, start of year
- $325,890
- Total assets, end of year
- $318,690
- Total liabilities, end of year
- $90,244
- Net assets, end of year
- $228,446
- Land, buildings and equipment
- $3,882
- Net assets without donor restrictions
- $228,446
- Gross receipts
- $491,159
- Employees
- 3
- Volunteers
- 50
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIAN BUETHE | PRESIDENT AND CEO Highest-paid employee | 40 | $128,984 | $3,870 |
| RYLEAH CROSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN BUTZKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM BUNGE | PAST BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS WATKINS | VICE CHAIR Trustee or director | 1 | $0 | $0 |
| ERIC JOHANSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY STOECKEN | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JULIE QUANDT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JAKE ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIN HUIATT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JUSTIN FRAMPTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MARK JUDGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIAN BUETHE | PRESIDENT AND CEO Highest-paid employee | 40 | $127,667 | $3,830 |
| RYLEAH CROSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BEN BUTZKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG MEANS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYLE TAYLOR | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ADAM BUNGE | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS WATKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMANDA BUTLER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ERIC JOHANSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDY STOECKEN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JULIE QUANDT | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JAKE ANDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH HERST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIN HUIATT | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIAN BUETHE | PRESIDENT AND CEO | 40 | $118,752 | $3,563 |
| RYLEAH CROSS | Director Trustee or director | 1 | $0 | $0 |
| BEN BUTZKE | Director Trustee or director | 1 | $0 | $0 |
| GREG MEANS | Director Trustee or director | 1 | $0 | $0 |
| CYLE TAYLOR | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ADAM BUNGE | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS WATKINS | Director Trustee or director | 1 | $0 | $0 |
| AMANDA BUTLER | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| ERIC JOHANSEN | Director Trustee or director | 1 | $0 | $0 |
| ANDY STOECKEN | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JULIE QUANDT | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| JAKE ANDERSON | Director Trustee or director | 1 | $0 | $0 |
| JOSEPH HERST | Director Trustee or director | 1 | $0 | $0 |
| ERIN HUIATT | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 404 SE 2ND ST STE 200, GRIMES, IA 50111-1305
- In care of
- % STEVE ROGERS TREASURER
- Principal officer (990 for 2025)
- BRIAN BUETHE, 404 SE 2ND ST STE 200 200, GRIMES, IA 50111
- Signed the 990
- BRIAN BUETHE, PRESIDENT & CEO
- Phone
- (515) 986-5770
- Website
- GRIMESIOWA.COM
- Return prepared by
- WELGAARD CPAS & ADVISORS
Mission
TO PROMOTE DEVELOPMENT OF NEW BUSINESS AND TO SUPPORT AND EXPAND EXISTING BUSINESSES IN GRIMES, IOWA.
Program accomplishments
- PROMOTION OF COMMUNITY BY WORKING WITH DEVELOPERS AND REALTORS, ENCOURAGE LOCAL BUSINESS GROWTH AND SUPPORTExpenses $541,273 · grants $2,000 · revenue $443,609
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 | 990 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
- 42-1445531
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $318,690
- Income (IRS master file)
- $491,159
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $491,159 | $541,273 | $318,690 | XML |
| 990 | December 2024 | $549,466 | $567,337 | $325,890 | XML |
| 990 | December 2023 | $546,621 | $535,528 | $393,849 | XML |
| 990 | December 2022 | $470,930 | $455,566 | $391,264 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 42-1445531).
Questions about GRIMES AREA CHAMBER OF COMMERCE
- What is the EIN of GRIMES AREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of GRIMES AREA CHAMBER OF COMMERCE is 42-1445531.
- Is GRIMES AREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1997.
- Are donations to GRIMES AREA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GRIMES AREA CHAMBER OF COMMERCE 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 GRIMES AREA CHAMBER OF COMMERCE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRIMES AREA CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GRIMES AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 names BRIAN BUETHE.
- Who are the officers and directors of GRIMES AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $128,984 (BRIAN BUETHE, PRESIDENT AND CEO).
- How much revenue does GRIMES AREA CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $491,159, expenses of $541,273 and total assets of $318,690 at year end.
Other nonprofits in GRIMES
- IOWA PRESCRIPTION DRUG CORPORATION EIN 42-1518875 · last filed 990 for 2025
- IOWA SPECIAL OLYMPICS INC EIN 51-0176029 · last filed 990 for 2025
- ASSOCIATED BUILDERS & CONTRACTORS OF IOWA EIN 42-1029016 · last filed 990 for 2025
- ASSOCIATED BUILDERS & CONTRACTORS OF IOWA TRUST EIN 42-6339442 · last filed 990 for 2025
- DES MOINES YOUTH HOCKEY ASSOCIATION INC EIN 72-1571027 · last filed 990 for 2025
- STUDIO ARTS COLLEGE INTERNATIONAL INC EIN 42-1073614 · last filed 990 for 2025
- KID STATION AT HERITAGE EIN 82-1583920 · last filed 990 for 2025
- DALLAS CENTER GRIMES BOOSTER CLUB EIN 42-6093623 · last filed 990 for 2025