Mount Pleasant Area Operation Pride FY2024 filing

Tax-deductible

Mount Pleasant, IA501(c)(3)EIN 42-1124755Revenue $132K in FY2024

On file with the IRSmountpleasantiowa.org111 West Monroe Street, 52641-2193 · Mount Pleasant, IATax-exempt since Jun 1979Publicly supported — 509(a)(2)

Tell your story. Claim this org

The organizations mission is to promote mt Pleasant by promoting downtown as an exciting place to live, shop, and invest.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$52K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $62K a year · 45% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$52K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $18K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.1% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$132K
+31% vs prior year
Spent
$604K
To programs
94%
Net assets
$2.2M
By yearFY2020–FY2025
Revenue
$132K
FY2024▲ +31%
Tap a bar for its year
Revenue by fiscal year
FY2020$207K
FY2021$152K
FY2022$102K
FY2023$101K
FY2024$132K
FY2025$147K
Expenses
$604K
FY2024▲ +369%
Tap a bar for its year
Expenses by fiscal year
FY2020$73K
FY2021$82K
FY2022$95K
FY2023$129K
FY2024$604K
FY2025$233K
Net assets
$2.2M
FY2024▼ -18%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.7M
FY2022$2.7M
FY2023$2.6M
FY2024$2.2M
FY2025$2.1M

From the FY2024 Form 990 · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1979.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $567K Management & general 3% · $18K Fundraising 3% · $19K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to fix it

Who runs it and what they're paid

13 people listed on the 990; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$52,500Pt VII · Sec A
$0Pt VII · Sec A
President El
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Lisa Oetken$55,000$52,500$50,000$50,507$42,201$20,136

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mount Pleasant Area Operation Pride executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Promotes downtown Mt. Pleasant as an exciting place to live, shop, and invest.

Questions for Mount Pleasant Area Operation Pride

Tap to ask. Mount Pleasant Area Operation Pride sees how many people are interested.

Your first name shows with your question. Mount Pleasant Area Operation Pride answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $567K · in their own filed words · FY2024
01

In 2012, main street MT pleasant formed a limited liabliity company, union block LLC, to rehab a large historial building on the square in mount pleasant, iowa. The building had been damaged by a fire a few years prior to 2012 and the prior owners did not repair the building following the fire.

$491Kprogram expense
02

The mission of main street mount pleasant is to stimulate economic development, strengthen the economic and cultural vitality, nurture a creative mix of activities, environments and experiences, and provide energy, leadership and support for PUBLIC/PRIVATE initiatives that encourage the growth and vitality of downtown mount pleasant by…

$76Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Gofundme OrgFY2024$5K
Total grants receivedfrom 2 funders$18K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$132K
Ln 12
Gifts and grantsLn 1h$89K
Fees for servicesLn 2g$25K
Other incomeLn 4–11$17K
Money outPt IX
$604K
Ln 25
Programscol B$567K
Managementcol C$18K
Fundraisingcol D$19K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$86K
Total assetsLn 16$2.2M
LiabilitiesLn 26$3K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$89K
Government grantsLn 1e$20K
Fees for servicesLn 2g$25K
Investment incomeLn 3$1K
Other incomeLn 4–11$17K
Total revenueLn 12$132K
Assets in detailPt X, end of year
CashLn 1$26K
SavingsLn 2$60K
Cash and savings togetherLn 1–2$86K
InvestmentsLn 11–13$782K
Other assetsLn 15$1.3M
Total assetsLn 16$2.2M
LiabilitiesLn 26$3K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 51
VolunteersI 682
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$97K$86K
InvestmentsLn 11–13$1.3M$782K
Total assetsLn 16$2.6M$2.2M
LiabilitiesLn 26$3K$3K
Net assetsLn 32$2.6M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$54K$24K$11K$19K
Payroll taxesLn 10$4K$4K
Accounting feesLn 11c$7K$7K
Advertising and promotionLn 12$3K$3K
Office expensesLn 13$3K$3K
OccupancyLn 16$6K$6K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$225$225
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$516K$516K
All other expensesLn 24e$6K$6K
Total functional expensesLn 25$604K$567K$18K$19K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $147K$233K−$86K$2.1M 990 PDF
FY2024 Viewing $132K$604K−$472K$2.2M 990 PDF
FY2023 $101K$129K−$28K$2.6M 990 PDF
FY2022 $102K$95K$7K$2.7M 990 PDF
FY2021 $152K$82K$71K$2.7M 990 PDF
FY2020 $207K$73K$133K$2.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $132,098 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $68,811$89,491
I-9 Program service revenuePrior year $13,892$24,559
I-10 Investment incomePrior year $54$1,306
I-11 Other revenuePrior year $18,134$16,742
I-12 Total revenuePrior year $100,891$132,098
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $55,367$58,133
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $73,280$545,644
I-18 Total expensesPrior year $128,647$603,777
I-19 Revenue less expensesPrior year −$27,756−$471,679
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $132,098 across 7 lines filed
Lines not itemized here account for $1,273 of total revenue; see the IRS return.
VIII-1e Government grants$20,000
VIII-1f All other contributions, gifts and grants$69,491
VIII-1h Total contributions, gifts and grants$89,491
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $23,286$23,286
VIII-3 Investment incomeExcluded from tax $1,306$1,306
VIII-8 Net income from fundraising eventsExcluded from tax $16,742$16,742
VIII-12 Total revenueRelated to mission $24,559 · Excluded from tax $18,048$132,098
Part IX · Statement of functional expenses $603,777 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $24,334 · Management $10,815 · Fundraising $18,926$54,075
IX-10 Payroll taxesPrograms $4,058$4,058
IX-11c Accounting feesManagement $6,970$6,970
IX-12 Advertising and promotionPrograms $3,421$3,421
IX-13 Office expensesPrograms $3,003$3,003
IX-16 OccupancyPrograms $5,839$5,839
IX-17 TravelPrograms $2,065$2,065
IX-19 Conferences, conventions and meetingsPrograms $225$225
IX-23 InsurancePrograms $1,517$1,517
IX-24 Other expenses (24a–d)Programs $516,417$516,417
IX-24e All other expensesPrograms $6,187$6,187
IX-25 Total functional expensesPrograms $567,066 · Management $17,785 · Fundraising $18,926$603,777
Part X · Balance sheet $2,160,751 assets, 10 lines filed
Asset lines not itemized here account for $1,821; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $26,666$25,591
X-2 Savings and temporary cash investmentsStart of year $70,000$60,000
X-13 Program-related investmentsStart of year $1,273,137$782,364
X-15 Other assetsStart of year $1,262,428$1,290,975
X-16 Total assetsStart of year $2,632,231$2,160,751
X-17 Accounts payable and accrued expensesStart of year $2,680$2,879
X-26 Total liabilitiesStart of year $2,680$2,879
X-27 Net assets without donor restrictionsStart of year $2,629,551$2,157,872
X-32 Total net assets or fund balancesStart of year $2,629,551$2,157,872
X-33 Total liabilities and net assetsStart of year $2,632,231$2,160,751
Part XI · Reconciliation of net assets $2,157,872 net assets at year end
XI-1 Total revenue$132,098
XI-2 Total expenses$603,777
XI-3 Revenue less expenses−$471,679
XI-4 Net assets at start of year$2,629,551
XI-10 Net assets at end of year$2,157,872

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.