Missouri River Historical Develop- Ment INC

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Improving the lives of citizens of woodbury county thru grants to government, civic and non-profit organizations.

97¢ of each $1 spent went to programs.
Run by 20 volunteers and 2 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
5 of 6
filings with a surplus
Average surplus $275K a year · 7% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.4M
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.2M
-2% vs prior year
Spent
$4.2M
To programs
97%
Net assets
$3.9M
By yearFY2020–FY2025
Revenue
$4.2M
FY2025▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.8M
FY2021$3.8M
FY2022$4.3M
FY2023$4.2M
FY2024$4.3M
FY2025$4.2M
Expenses
$4.2M
FY2025▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.8M
FY2021$2.9M
FY2022$3.8M
FY2023$3.7M
FY2024$3.4M
FY2025$4.2M
Net assets
$3.9M
FY2025▲ +1%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$2.0M
FY2022$2.4M
FY2023$2.9M
FY2024$3.8M
FY2025$3.9M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1991.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $4.0M Management & general 3% · $132K

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

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Who runs it and what they're paid

22 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$50,000Pt VII · Sec A
President
$1,200Pt VII · Sec A
Secretary
$1,200Pt VII · Sec A
Treasurer
$600Pt VII · Sec A
Director
$600Pt VII · Sec A
$600Pt VII · Sec A
Former Treasurer
$600Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Gleiser$50,000$31,667————
Katie Colling—$16,426$40,471$38,943$37,217$2,917
Mark Monson————$5,833$35,000
Sarah Kleber$1,200$1,200$1,200$600——
Ragen Cote$1,200$1,200$600———
Angie Schrunk$600$1,200$1,200$1,200——
Steve Huisenga—$600$1,200$1,200$1,200—
Larry Obermeyer——$600$600$1,200$1,200

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 Missouri River Historical Develop- Ment INC executive salaries →

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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

Programs and updates

Awards grants to government, civic, and non-profit organizations to improve the lives of Woodbury County residents.

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Provided by the organization

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1 program · $4.0M · in their own filed words · FY2024
01

Improving the lives of citizens of woodbury county thru grants to government, civic and non-profit organizations.

$4.0Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 407 grants · $20.7M · 2019–2024
Woodbury County Emergency ManagementFY2024$175,000
Quimby Community Fire DepartmentFY2024$100,000
Briar Cliff UniversityIA · FY2024$88,000
Woodbury County IowaFY2024$75,000
Unity Point - St Luke's CollegeIA · FY2024$75,000
Morningside UniversityIA · FY2024$75,000
Battle Creek Community Ambulance ServiceFY2024$75,000
Junior League of Sioux CityIA · FY2024$55,000
Goodwill of the Great PlainsIA · FY2024$50,000
City of HornickFY2024$50,000
Washta Community Fire DepartmentFY2024$45,000
See all 407 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4.2M
Ln 12
Fees for servicesLn 2g$4.0M
Investment incomeLn 3$263K
Money outPt IX
$4.2M
Ln 25
Programscol B$4.0M
Managementcol C$132K
Owns and owesPt X
$3.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$6.3M
LiabilitiesLn 26$2.4M
PeoplePt VI, VII
22
listed · VII A
PaidVII A7
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$4.0M
Investment incomeLn 3$263K
Total revenueLn 12$4.2M
Assets in detailPt X, end of year
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$4.7M
Total assetsLn 16$6.3M
LiabilitiesLn 26$2.4M
Net assetsLn 32$3.9M
OperationsPt I, VI
EmployeesI 52
VolunteersI 620
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$1.6M$1.1M
InvestmentsLn 11–13$4.6M$4.7M
Total assetsLn 16$6.6M$6.3M
LiabilitiesLn 26$2.7M$2.4M
Net assetsLn 32$3.8M$3.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4.0M$4.0M
Pay of current officers, directors and key staffLn 5$56K$56K
Payroll taxesLn 10$4K$4K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$20K$20K
Other fees for servicesLn 11g$938$938
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$5K$5K
TravelLn 17$209$209
Conferences, conventions and meetingsLn 19$14K$14K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$15K$15K
Total functional expensesLn 25$4.2M$4.0M$132K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $4.2M$4.2M$56K$3.9M 990 PDF
FY2024 $4.3M$3.4M$852K$3.8M 990 PDF
FY2023 $4.2M$3.7M$484K$2.9M 990 PDF
FY2022 $4.3M$3.8M$439K$2.4M 990 PDF
FY2021 $3.8M$2.9M$891K$2.0M 990 PDF
FY2020 $2.8M$3.8M−$1.1M$1.1M 990 PDF

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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 FY2025 990 (6 parts)
Part I · Summary $4,214,342 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $4,013,747$3,951,505
I-10 Investment incomePrior year $267,534$262,837
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $4,281,281$4,214,342
I-13 Grants and similar amounts paidPrior year $3,299,794$4,026,650
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $53,246$59,602
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $76,612$72,013
I-18 Total expensesPrior year $3,429,652$4,158,265
I-19 Revenue less expensesPrior year $851,629$56,077
Part VI · Governance 20 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
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 $4,214,342 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,951,505$3,951,505
VIII-3 Investment incomeExcluded from tax $262,837$262,837
VIII-12 Total revenueRelated to mission $3,951,505 · Unrelated business $0 · Excluded from tax $262,837$4,214,342
Part IX · Statement of functional expenses $4,158,265 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $4,026,650$4,026,650
IX-5 Pay of current officers, directors and key staffManagement $55,675$55,675
IX-10 Payroll taxesManagement $3,927$3,927
IX-11b Legal feesManagement $6,236$6,236
IX-11c Accounting feesManagement $20,150$20,150
IX-11g Other fees for servicesManagement $938$938
IX-12 Advertising and promotionManagement $1,016$1,016
IX-13 Office expensesManagement $4,978$4,978
IX-17 TravelManagement $209$209
IX-19 Conferences, conventions and meetingsManagement $13,893$13,893
IX-23 InsuranceManagement $9,458$9,458
IX-24 Other expenses (24a–d)Management $15,135$15,135
IX-25 Total functional expensesPrograms $4,026,650 · Management $131,615 · Fundraising $0$4,158,265
Part X · Balance sheet $6,254,047 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,559,686$1,121,713
X-4 Accounts receivableStart of year $401,542$398,079
X-9 Prepaid expenses and deferred chargesStart of year $8,644$13,788
X-12 Other securitiesStart of year $4,621,959$4,720,467
X-16 Total assetsStart of year $6,591,831$6,254,047
X-17 Accounts payable and accrued expensesStart of year $2,092$2,060
X-18 Grants payableStart of year $2,747,617$2,353,788
X-26 Total liabilitiesStart of year $2,749,709$2,355,848
X-27 Net assets without donor restrictionsStart of year $3,842,122$3,898,199
X-32 Total net assets or fund balancesStart of year $3,842,122$3,898,199
X-33 Total liabilities and net assetsStart of year $6,591,831$6,254,047
Part XI · Reconciliation of net assets $3,898,199 net assets at year end
XI-1 Total revenue$4,214,342
XI-2 Total expenses$4,158,265
XI-3 Revenue less expenses$56,077
XI-4 Net assets at start of year$3,842,122
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$3,898,199

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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