Sergeant Bluff Community Development Corporation EIN 27-1720590

Sergeant Bluff Community Development Corporation

EIN  27-1720590 Public charity (501(c)(3)) Sergeant Bluff, IA Founded 2011
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
a community improvement nonprofit
Leadership
Rick Aadland · Treasurer
Money in and out
$50K revenue, $1K expenses
Bottom line
100% program efficiency

Sergeant Bluff Community Development Corporation is a community improvement nonprofit based in Sergeant Bluff, IA, formed in 2011. For fiscal year 2025 it reported $50K in revenue, $1K in expenses, and $837K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$1K
Pt IX · Ln 25
Net assets
$837K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $49K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
724.1mo
months of highly liquid reserves at operating expense rate▲ +324% vs prior filing year
Surplus margin
+97%
revenue over expenses, this year▲ +5% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$50K
FY2025▼ -28%
Expenses
$1K
FY2025▼ -72%
Total assets
$842K
FY2025▲ +6%
Total liabilities
$5K
FY20250%
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$1K
Pt IX · Ln 25
Net assets
$837K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$49K
Total assetsPt X · Ln 16$842K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $1K of program spending, described in the organization's own filed words · FY2025.
01

Improve the community through the development of multiple housing options while also enhancing the economic alternatives available in our area to make sergeant bluff the community of choice in the region.

$1Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSergeant Bluff Community Development Corporation
EINHdr · item D27-1720590
Principal addressHdr · item CSergeant Bluff, IA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2011
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFJul 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Investment income$30K · 60%
Contributions & grants$20K · 40%
Investment income60%$30K
Contributions & grants40%$20K
Total revenueLn 12$50K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$1K
Total functional expensesLn 25$1K

Balance Sheet

Part X · end of year
CashLn 1$83K
Total assetsLn 16$842K
Total liabilitiesLn 26$5K
Total net assetsLn 32$837K
Months of cash on handcomputed724.1

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $83K · Operating expenses/yr $1K
724.1 months
Where the money goes
Program services
Program services $1K · Total expenses $1K
100%
Management & General
Management & general $0 · Total expenses $1K
0%
Fundraising
Fundraising $0 · Total expenses $1K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $53K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $20K · Total revenue $50K
40%
Government reliance
Government grants — · Total revenue $50K
Earned-income share
Program service revenue $0 · Total revenue $50K
0%
Investment reliance
Investment income $30K · Total revenue $50K
+60%
Program self-sufficiency
Program service revenue $0 · Total expenses $1K
0%
Growth & trend
Revenue growth (YoY)
This year $50K · Prior year $70K
-28%
Net-asset trend (YoY)
End of year $837K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $50K · Expenses $1K
+97%
Liabilities-to-Assets
Total liabilities — · Total assets $842K
Net-asset ratio
Net assets $837K · Total assets $842K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $842K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rick Aadland · Reported title TREASURER · Highest reported compensation $0 · Total expenses $1K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $1K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Revenue growth -28%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$50K revenue · viewing · ⤓ 990 PDF
FY2024$70K revenue · ⤓ 990 PDF
FY2023$70K revenue · ⤓ 990 PDF
FY2022$90K revenue · ⤓ 990 PDF
FY2021$50K revenue · ⤓ 990 PDF
FY2020$-16K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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