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Nonprofit · EIN 51-0245749

SHENANDOAH ECONOMIC DEVELOPMENT CORP

Tax-exempt · SHENANDOAH, IA 51601

Financials

$283K$336K2023$281K$261K2024$531K$315K2025
Revenue Expenses · by fiscal year end
Financials of SHENANDOAH ECONOMIC DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$531,187$314,672$216,515$291,287$13,057$278,230
December 31, 2024990$281,181$261,198$19,983$71,093$9,378$61,715
December 31, 2023990$282,681$335,853-$53,172$55,645$13,913$41,732
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$218,193
of which government grants
$108,946
Membership dues
$53,255
Program service revenue
$0
Investment income
$312,994
Net gain from sales of assets
$311,225
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,250
Compensation of officers, directors and key employees
$147,795
Other salaries and wages
$6,230
Salaries, compensation and benefits (total)
$169,971
Professional fundraising fees
$0
Accounting fees
$810
Occupancy
$16,555
Program services (functional)
$282,272
Management and general (functional)
$32,400

Balance sheet and other

Total assets, start of year
$71,093
Total assets, end of year
$291,287
Total liabilities, end of year
$13,057
Net assets, end of year
$278,230
Land, buildings and equipment
$17,195
Gross receipts
$550,892
Employees
4
Volunteers
95
Year formed
1991
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.

NameTitleHours / weekCompensationOther / benefits
GREGG CONNELLEXECUTIVE VICE PRESIDENT
Officer
40$87,621$0
MICHELLE MORELOCKSECRETARY
Officer
40$30,018$30,018
SHELLY WARNERSECRETARY
Officer
40$30,156$0
MATT SELLSPRESIDENT
Trustee or director, Officer
1$0$0
STEPHANIE OSBORNTREASURER
Trustee or director, Officer
1$0$0
KERRI NELSONDIRECTOR
Trustee or director
1$0$0
AMY ZWICKELDIRECTOR
Trustee or director
1$0$0
BECKY LEPORTEDIRECTOR
Trustee or director
1$0$0
JULIE O'HARADIRECTOR
Trustee or director
1$0$0
JASON GOLTZDIRECTOR
Trustee or director
1$0$0
CORY SCAMMANDIRECTOR
Trustee or director
1$0$0
DEREK STENDSLANDDIRECTOR
Trustee or director
1$0$0
MARGARET BRADYDIRECTOR
Trustee or director
1$0$0
JEFF SHEARERDIRECTOR
Trustee or director
1$0$0
EARL HENDRICKSONDIRECTOR
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
SARAH WAITEDIRECTOR
Trustee or director
1$0
KINDRA WESTONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 15 people
NameTitleHours / weekCompensation
GREGG CONNELLEXECUTIVE VICE PRESIDENT
Officer
40$77,772
SHELLY WARNERSECRETARY
Officer
40$50,447
MATT SELLSPRESIDENT
Trustee or director, Officer
1$0
STEPHANIE OSBORNTREASURER
Trustee or director, Officer
1$0
BILL DITMARSVICE PRESIDENT
Trustee or director, Officer
1$0
KERRI NELSONDIRECTOR
Trustee or director
1$0
AMY ZWICKELDIRECTOR
Trustee or director
1$0
BECKY LEPORTEDIRECTOR
Trustee or director
1$0
JULIE O'HARADIRECTOR
Trustee or director
1$0
JOHN FINNDIRECTOR
Trustee or director
1$0
CORY SCAMMANDIRECTOR
Trustee or director
1$0
AARON O'BRIENDIRECTOR
Trustee or director
1$0
MARGARET BRADYDIRECTOR
Trustee or director
1$0
CHRIS CLARKDIRECTOR
Trustee or director
1$0
EARL HENDRICKSONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
GREGG CONNELLEXECUTIVE VICE PRESIDENT
Officer
40$77,795
SHELLY WARNERSECRETARY
Officer
40$50,574
MATT SELLSPRESIDENT
Trustee or director, Officer
1$0
STEPHANIE OSBORNTREASURER
Trustee or director, Officer
1$0
BILL DITMARSVICE PRESIDENT
Trustee or director, Officer
1$0
KERRI NELSONDIRECTOR
Trustee or director
1$0
AMY ZWICKELDIRECTOR
Trustee or director
1$0
BECKY LEPORTEDIRECTOR
Trustee or director
1$0
JULIE O'HARADIRECTOR
Trustee or director
1$0
JOHN FINNDIRECTOR
Trustee or director
1$0
CORY SCAMMANDIRECTOR
Trustee or director
1$0
AARON O'BRIENDIRECTOR
Trustee or director
1$0
LANCE CORNELIUSDIRECTOR
Trustee or director
1$0
CHRIS CLARKDIRECTOR
Trustee or director
1$0
EARL HENDRICKSONDIRECTOR
Trustee or director
1$0
MARGARET BRADYDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
619 W SHERIDAN AVE, SHENANDOAH, IA 51601-1707
Principal officer (990 for 2025)
GREGG CONNELL, 100 MAPLE ST, SHENANDOAH, IA 51601
Signed the 990
GREGG CONNELL, EXECUTIVE DIRECTOR
Phone
(712) 246-3455
Return prepared by
CARRICK & ASSOCIATES LLP

Mission

THE MISSION OF SHENANDOAH CHAMBER & INDUSTRY ASSOCIATION IS TO IMPROVE THE ECONOMIC VITALITY, TO EXPAND HIGH PAYING EMPLOYMENT OPPORTUNITIES, ENHANCE RETAIL SHOPPING, AND TO SUPPORT MAJOR

990 for the year ended December 31, 2025

Program accomplishments

  • SHENFEST, FARMERS MARKET, CHRISTMAS, SNO DOUGH, LEGISLATIVE COFFEES, CHOCOLATE WALK, SIDEWALK SALE, MARATHON, MOONLIGHT MADNESS, DISABILITY AWARENESS WALK, EVERLY HERITAGE DAY AND CHAMBER COFFEES - PROMOTE COMMUNITY DEVELOPMENT AND TO SHOWCASE AREA BUSINESSESS AND ACTIVITIES AVAILABLE IN THE COMMUNITY
  • ANNUAL MEETING - AN EVENT TO PROMOTE NEW ECONOMIC DEVELOPMENT AND EXSISTING RETAIL BUSINESSES AND COMMUNITY SUPPORT AND INVOLVEMENT
  • BUSINESS & INDUSTRY RECRUITMENT AND RETENTION - BOTH SMALL AND LARGE BUSINESS - ATTRACT BUSINESS & INDUSTRIES TO AID IN ECONOMIC DEVELOPMENT FOR PURPOSE OF PROVIDING EMPLOYMENT OPPORTUNITIES

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
51-0245749
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1955
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$291,287
Income (IRS master file)
$550,892

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$531,187$314,672$291,287IRS
990December 2024$281,181$261,198$71,093IRS
990December 2023$282,681$335,853$55,645XML
990December 2022$269,727$285,088$108,043IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 51-0245749).

Questions about SHENANDOAH ECONOMIC DEVELOPMENT CORP

What is the EIN of SHENANDOAH ECONOMIC DEVELOPMENT CORP?
The employer identification number (EIN) of SHENANDOAH ECONOMIC DEVELOPMENT CORP is 51-0245749.
Is SHENANDOAH ECONOMIC DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1955.
Are donations to SHENANDOAH ECONOMIC DEVELOPMENT CORP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHENANDOAH ECONOMIC DEVELOPMENT CORP 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 SHENANDOAH ECONOMIC DEVELOPMENT CORP 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 SHENANDOAH ECONOMIC DEVELOPMENT CORP 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 SHENANDOAH ECONOMIC DEVELOPMENT CORP?
The 990 for the year ended December 31, 2025 names GREGG CONNELL.
Who are the officers and directors of SHENANDOAH ECONOMIC DEVELOPMENT CORP?
The 990 for the year ended December 31, 2025 lists 17 people; 3 received compensation from the organization, the highest $87,621 (GREGG CONNELL, EXECUTIVE VICE PRESIDENT).
How much revenue does SHENANDOAH ECONOMIC DEVELOPMENT CORP have?
On its 990 for the year ended December 31, 2025 it reported revenue of $531,187, expenses of $314,672 and total assets of $291,287 at year end.

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