Nonprofit · EIN 91-2198028
WORTH COUNTY DEVELOPMENT AUTHORITY
Tax-exempt · NORTHWOOD, IA 50459
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $6,962,593 | $5,906,220 | $1,056,373 | $8,542,060 | $3,862 | $8,538,198 |
| December 31, 2024 | 990 | $6,564,227 | $6,818,439 | -$254,212 | $7,485,582 | $3,758 | $7,481,824 |
| December 31, 2023 | 990 | $6,451,073 | $6,951,972 | -$500,899 | $7,739,487 | $3,451 | $7,736,036 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $6,668,431
- Program service revenue
- $0
- Investment income
- $294,162
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,683,756
- Compensation of officers, directors and key employees
- $148,225
- Salaries, compensation and benefits (total)
- $148,225
- Professional fundraising fees
- $0
- Legal fees
- $21,062
- Accounting fees
- $8,964
- Occupancy
- $3,322
- Travel
- $1,651
- Depreciation
- $8,681
- Program services (functional)
- $5,795,003
- Management and general (functional)
- $111,217
Balance sheet and other
- Total assets, start of year
- $7,485,583
- Total assets, end of year
- $8,542,060
- Total liabilities, end of year
- $3,862
- Net assets, end of year
- $8,538,198
- Land, buildings and equipment
- $81,556
- Gross receipts
- $6,962,593
- Employees
- 2
- Year formed
- 2003
- 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 |
|---|---|---|---|---|
| DEBRA HANSON | CFO-RETIRED Trustee or director | 40 | $107,789 | $15,245 |
| RON MILLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PHIL HACKBART | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HARLAN HELGESON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DEAN HENDRIKSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIM HENGESTEG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MICHELLE HILL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CURTIS SCHAUB | Vice President Trustee or director | 1 | $0 | $0 |
| BECKY MARTINSON | Treasurer Trustee or director | 1 | $0 | $0 |
| SHANAN REDINGER | President Trustee or director | 1 | $0 | $0 |
| SAWYER SCHULZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMY WILHELM | Secretary Trustee or director | 1 | $0 | $0 |
| MICHELLE SCHULZ | CFO Trustee or director | 0 | $0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEBRA HANSON | CFO Trustee or director | 40 | $104,649 | $16,800 |
| BARRY ANONSON | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| PHIL HACKBART | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| HARLAN HELGESON | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| DEAN HENDRIKSON | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| KIM HENGESTEG | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| MICHELLE HILL | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| CURTIS SCHAUB | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
| PAM MEYER | TREASURER Officer | 1 | $0 | $0 |
| SHANAN REDINGER | VICE PRESIDE Officer | 1 | $0 | $0 |
| SAWYER SCHULZ | PRESIDENT Officer | 1 | $0 | $0 |
| AMY WILHELM | SECRETARY Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DEBRA HANSON | CFO Trustee or director | 40 | $101,601 | $16,800 |
| BARRY ANONSON | BOARD MEMBER Trustee or director, Officer | – | $0 | $0 |
| PHIL HACKBART | BOARD MEMBER Trustee or director, Officer | – | $0 | $0 |
| DEAN HENDRIKSON | BOARD MEMBER Trustee or director, Officer | – | $0 | $0 |
| KIM HENGESTEG | BOARD MEMBER Trustee or director, Officer | – | $0 | $0 |
| CURTIS SCHAUB | BOARD MEMBER Trustee or director, Officer | – | $0 | $0 |
| PAM MEYER | TREASURER Officer | – | $0 | $0 |
| SHANAN REDINGER | VICE PRESIDE Officer | – | $0 | $0 |
| SAWYER SCHULZ | PRESIDENT Officer | – | $0 | $0 |
| AMY WILHELM | SECRETARY Officer | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 91 8TH ST N, NORTHWOOD, IA 50459-1434
- In care of
- % KIMBERLY A MILLER
- Principal officer (990 for 2025)
- SHANAN REDINGER, 91 8TH STREET NORTH, NORTHWOOD, IA 50459
- Signed the 990
- SHANAN REDINGER, President
- Phone
- (641) 324-1618
- Website
- wcdasite.com
- Return prepared by
- Timmer And Associates CPA PC
Mission
TO PROVIDE FOR AND ADMINISTER THE COMMUNITY PORTION OF GAMING REVENUE FOR THE DEVELOPMENT OF WORTH COUNTY, IOWA, IN ACCORDANCE WITH IOWA CODE SECTION 99F.
Program accomplishments
- TO ESTABLISH PROCEDURES AND IMPLEMENT GRANTING PROCESS TO THE COMMUNITY AS REQUIRED UNDER IOWA CODE SECTION 99F.Expenses $5,795,003 · grants $5,683,756
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
- 91-2198028
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T12)
- Assets (IRS master file)
- $8,542,060
- Income (IRS master file)
- $6,962,593
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $6,962,593 | $5,906,220 | $8,542,060 | IRS |
| 990 | December 2024 | $6,564,227 | $6,818,439 | $7,485,582 | XML |
| 990 | December 2023 | $6,451,073 | $6,951,972 | $7,739,487 | XML |
| 990 | December 2022 | $6,157,684 | $6,536,376 | $8,240,749 | 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 91-2198028).
Questions about WORTH COUNTY DEVELOPMENT AUTHORITY
- What is the EIN of WORTH COUNTY DEVELOPMENT AUTHORITY?
- The employer identification number (EIN) of WORTH COUNTY DEVELOPMENT AUTHORITY is 91-2198028.
- Is WORTH COUNTY DEVELOPMENT AUTHORITY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2006.
- Are donations to WORTH COUNTY DEVELOPMENT AUTHORITY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WORTH COUNTY DEVELOPMENT AUTHORITY 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 WORTH COUNTY DEVELOPMENT AUTHORITY 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 WORTH COUNTY DEVELOPMENT AUTHORITY 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 WORTH COUNTY DEVELOPMENT AUTHORITY?
- The 990 for the year ended December 31, 2025 names SHANAN REDINGER.
- Who are the officers and directors of WORTH COUNTY DEVELOPMENT AUTHORITY?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $107,789 (DEBRA HANSON, CFO-RETIRED).
- How much revenue does WORTH COUNTY DEVELOPMENT AUTHORITY have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $6,962,593, expenses of $5,906,220 and total assets of $8,542,060 at year end.
Other nonprofits in NORTHWOOD
- JANSSEN FAMILY CHARITABLE TRUSTFUND EIN 26-0663574 · last filed 990-PF for 2024
- TRUMAN AND LORRAINE JULSETH SCHOLARSHIP FUND EIN 20-5124220 · last filed 990-PF for 2025
- LUTHERAN RETIREMENT HOME INC EIN 42-0807185 · last filed 990 for 2025
- TOP OF IOWA WELCOME CENTER EIN 42-1406397 · last filed 990 for 2024
- NORTHWOOD VOLUNTEER FIRE DEPARTMENT EIN 47-3905335 · last filed 990 for 2025
- THE WATCHMAN INTERNATIONAL INC EIN 64-0849142 · last filed 990 for 2024
- TUNE INC EIN 42-1124759 · last filed 990 for 2026
- SIDNEY A SWENSRUD SCHOLARSHIP FUND EIN 42-6061933 · last filed 990-PF for 2025
All nonprofits in NORTHWOOD · Iowa · Philanthropy, voluntarism and grantmaking foundations