Nonprofit · EIN 42-1515842
MITCHELL COUNTY ECONOMIC
Tax-exempt · OSAGE, IA 50461
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2026 | 990 | $349,248 | $437,318 | -$88,070 | $895,049 | $308,266 | $586,783 |
| December 31, 2024 | 990 | $819,724 | $675,613 | $144,111 | $978,445 | $303,592 | $674,853 |
| June 30, 2024 | 990 | $722,952 | $472,096 | $250,856 | $830,742 | $300,000 | $530,742 |
Financial details: 990 for the year ended June 30, 2026
Revenue
- Contributions, gifts and grants
- $281,154
- Program service revenue
- $46,865
- Investment income
- $20,144
- Other revenue
- $1,085
Expenses
- Grants and similar amounts paid
- $220,708
- Compensation of officers, directors and key employees
- $123,325
- Salaries, compensation and benefits (total)
- $168,395
- Professional fundraising fees
- $0
- Program services (functional)
- $437,318
Balance sheet and other
- Total assets, start of year
- $978,445
- Total assets, end of year
- $895,049
- Total liabilities, end of year
- $308,266
- Net assets, end of year
- $586,783
- Net assets without donor restrictions
- $586,783
- Gross receipts
- $349,248
- Employees
- 2
- Year formed
- 2000
- 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, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER L BACKER | Director Trustee or director | 40 | $80,959 |
| KAYLA J ZIMMERMAN | Trustee Trustee or director | 36 | $42,366 |
| ROGER HEMANN | VICE CHAIRMAN Trustee or director | 0.5 | $0 |
| TODD FREIN | Chairman Trustee or director | 0.5 | $0 |
| JUDY VOAKLANDER | Executive Dir. Trustee or director | 0.5 | $0 |
| PAIGE BARTELS | Director Trustee or director | 0.5 | $0 |
| CHRISTINA HUBKA | Director Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER L BACKER | Director Trustee or director | 40 | $76,174 |
| KAYLA J ZIMMERMAN | Trustee Trustee or director | 36 | $7,950 |
| TODD FREIN | VICE CHAIRMAN Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sam Heimer | President Trustee or director | 5 | $0 |
| Todd Frein | Vice Chairman Trustee or director | 5 | $0 |
| Harlan Bisbee | Treasurer Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 306, OSAGE, IA 50461-0306
- In care of
- % JENNIFER BACKER
- Principal officer (990 for 2025)
- TODD FREIN, PO BOX 306, OSAGE, IA 50461
- Signed the 990
- TODD FREIN, VICE CHAIRMAN
- Phone
- (641) 732-4790
- Website
- mcedciowa.com
- Return prepared by
- Murphy Coe & Smith PLLC
Mission
PROMOTE ECONOMIC DEVELOPMENT IN MITCHELL COUNTY
Program accomplishments
- STAFF IS HIRED TO PROVIDE SUPPORT AND INFORMATION TO MEMBERS SO THAT ECONOMIC DEVELOPMENT CAN OCCUR ON A JOINT COUNTY WIDE BASISExpenses $437,318 · grants $220,708 · revenue $349,248
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 | 990 on file |
| 2024 | June 30, 2025 | November 17, 2025 | No data |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1515842
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $895,049
- Income (IRS master file)
- $349,248
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2026 | $349,248 | $437,318 | $895,049 | XML |
| 990 | December 2024 | $819,724 | $675,613 | $978,445 | XML |
| 990 | June 2024 | $722,952 | $472,096 | $830,742 | XML |
| 990 | June 2023 | $155,121 | $245,341 | $579,886 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
| 990-EZ | June 2019 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MITCHELL COUNTY ECONOMIC
- What is the EIN of MITCHELL COUNTY ECONOMIC?
- The employer identification number (EIN) of MITCHELL COUNTY ECONOMIC is 42-1515842.
- Is MITCHELL COUNTY ECONOMIC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to MITCHELL COUNTY ECONOMIC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MITCHELL COUNTY ECONOMIC 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 MITCHELL COUNTY ECONOMIC due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MITCHELL COUNTY ECONOMIC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2026.
- Who is the principal officer of MITCHELL COUNTY ECONOMIC?
- The 990 for the year ended June 30, 2026 names TODD FREIN.
- Who are the officers and directors of MITCHELL COUNTY ECONOMIC?
- The 990 for the year ended June 30, 2026 lists 7 people; 2 received compensation from the organization, the highest $80,959 (JENNIFER L BACKER, Director).
- How much revenue does MITCHELL COUNTY ECONOMIC have?
- On its 990 for the year ended June 30, 2026 it reported revenue of $349,248, expenses of $437,318 and total assets of $895,049 at year end.
Other nonprofits in OSAGE
- FAITH LUTHERAN HOME EIN 42-0896119 · last filed 990 for 2025
- CEDAR RIVER RECREATION & FINE ARTS EIN 20-8620108 · last filed 990 for 2025
- OSAGE COMMUNITY DAY CARE EIN 42-1479725 · last filed 990 for 2024
- IOWA WRESTLING FEDRATION EIN 42-1496494 · last filed 990 for 2025
- CEDAR VALLEY SEMINARY FOUNDATION INC EIN 47-4182913 · last filed 990 for 2025
- IOWA ASSOCIATION OF COUNTY CONSERVATION BOARDS EIN 42-1129519 · last filed 990 for 2025
- SUNNY BRAE GOLF & COUNTRY CLUB INC EIN 42-0656339 · last filed 990 for 2024
- SHOP ON STATE INC EIN 27-3430889 · last filed 990 for 2026