Nonprofit · EIN 81-0545977
CLINTON BUSINESS PARK DEVLOPMENT CORP
Tax-exempt · CLINTON, IA 52732
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $29,212 | $31,088 | -$1,876 | $1,334,686 | $22,491 | $1,312,195 |
| December 31, 2023 | 990 | $15,093 | $10,006 | $5,087 | $1,320,130 | $6,059 | $1,314,071 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $15,332
- Investment income
- $1,280
- Net rental income
- $12,600
- Other revenue
- $12,600
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $730
- Program services (functional)
- $31,088
Balance sheet and other
- Total assets, start of year
- $1,320,130
- Total assets, end of year
- $1,334,686
- Total liabilities, end of year
- $22,491
- Net assets, end of year
- $1,312,195
- Land, buildings and equipment
- $1,106,248
- Net assets without donor restrictions
- $996,601
- Net assets with donor restrictions
- $315,594
- Gross unrelated business income
- $12,600
- Gross receipts
- $36,294
- Employees
- 0
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN TOTTEN | DIRECTOR Officer | – | $0 |
| STEVE CLEMENTS | SECRETARY Officer | – | $0 |
| ROBERT HOLESINGER | CHAIR Officer | – | $0 |
| RICHARD PHELAN | DIRECTOR Officer | – | $0 |
| ANDY SOKOLOVICH | CORPORATE SE Officer | – | $0 |
| MIKE FRYE | DIRECTOR Officer | – | $0 |
| RHONDA KEARNS | EX-OFFICIO Officer | – | $0 |
| MATTHEW BROOKE | EX-OFFICIO Officer | – | $0 |
| DEREK THORNTON | DIRECTOR Officer | – | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATTHEW BROOKE | EX-OFFICIO Officer | – | $0 |
| STEVE CLEMENTS | SECRETARY Officer | – | $0 |
| MIKE FRYE | DIRECTOR Officer | – | $0 |
| ROBERT HOLESINGER | CHAIR Officer | – | $0 |
| RHONDA KEARNS | EX-OFFICIO Officer | – | $0 |
| RICHARD PHELAN | DIRECTOR Officer | – | $0 |
| ANDY SOKOLOVICH | CORPORATE SE Officer | – | $0 |
| JOHN TOTTEN | DIRECTOR Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 721 S 2ND ST STE 1, CLINTON, IA 52732-4222
- In care of
- % DENNIS LAUVER
- Principal officer (990 for 2024)
- ROBERT HOLESINGER, 721 S 2ND ST STE 1, CLINTON, IA 52732
- Signed the 990
- ROBERT HOLESINGER, CHAIR
- Phone
- (563) 242-5702
- Return prepared by
- WINKEL PARKER & FOSTER CPA PC
Mission
TO ACQUIRE FARMLAND AND DEVELOP IT AS AN INDUSTRIAL PARK.
Program accomplishments
- INDUSTRIAL PARK DEVELOPMENT. DEVELOPING LAND TO BE USED AS AN INDUSTRIAL PARK USING FARMLAND.Expenses $31,088
- INDUSTRIAL PARK DEVELOPMENT. DEVELOPING LAND TO BE USED AS AN INDUSTRIAL PARK USING FARMLAND.
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 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 | Not 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
- 81-0545977
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $1,334,686
- Income (IRS master file)
- $36,294
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $29,212 | $31,088 | $1,334,686 | IRS |
| 990 | December 2023 | $15,093 | $10,006 | $1,320,130 | XML |
| 990 | December 2022 | $28,908 | $6,995 | $1,315,467 | 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 81-0545977).
Questions about CLINTON BUSINESS PARK DEVLOPMENT CORP
- What is the EIN of CLINTON BUSINESS PARK DEVLOPMENT CORP?
- The employer identification number (EIN) of CLINTON BUSINESS PARK DEVLOPMENT CORP is 81-0545977.
- Is CLINTON BUSINESS PARK DEVLOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2005.
- Are donations to CLINTON BUSINESS PARK DEVLOPMENT CORP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CLINTON BUSINESS PARK DEVLOPMENT CORP file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CLINTON BUSINESS PARK DEVLOPMENT CORP due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLINTON BUSINESS PARK DEVLOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CLINTON BUSINESS PARK DEVLOPMENT CORP?
- The 990 for the year ended December 31, 2024 names ROBERT HOLESINGER.
- Who are the officers and directors of CLINTON BUSINESS PARK DEVLOPMENT CORP?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does CLINTON BUSINESS PARK DEVLOPMENT CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $29,212, expenses of $31,088 and total assets of $1,334,686 at year end.
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