Missouri River Historical Develop- Ment INC EIN 42-1349952

Missouri River Historical Develop- Ment INC

EIN  42-1349952 Membership association Sioux City, IA
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/26/26 · see original filing: IRS
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Size
$1–10M
What they do
Awards grants to government, civic, and non-profit organizations to improve the lives of Woodbury County residents.
Leadership
David Gleiser · Executive Director · $50K
Money in and out
$4.2M revenue, $4.2M expenses
Bottom line
+1% operating surplus

Awards grants to government, civic, and non-profit organizations to improve the lives of Woodbury County residents. For fiscal year 2025 it reported $4.2M in revenue, $4.2M in expenses, and $3.9M in net assets.Pt I

Membership & operating revenue · FY2025
Total revenue
$4.2M
Pt VIII · Ln 12
Total expenses
$4.2M
Pt IX · Ln 25
Net assets
$3.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $56K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Operating surplus
+1%
revenue over expenses▼ -93% vs prior filing year
Earned revenue
94%
of revenue from program services & dues0% vs prior filing year
Payroll share
1%
of spending is salaries & benefits▼ -8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$4.2M
FY2025▼ -2%
Expenses
$4.2M
FY2025▲ +21%
Total assets
$6.3M
FY2025▼ -5%
Total liabilities
$2.4M
FY2025▼ -14%
Total revenue
$4.2M
Pt VIII · Ln 12
Total expenses
$4.2M
Pt IX · Ln 25
Net assets
$3.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$56K
Total assetsPt X · Ln 16$6.3M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420
Mission & Programs · Part III

Where the work happens

1 program service account for $4.0M of program spending, described in the organization's 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

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMissouri River Historical Develop- Ment INC
EINHdr · item D42-1349952
Principal addressHdr · item CSioux City, IA
WebsiteHdr · item Jmrhdiowa.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJan 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

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.

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Statement of Revenue

Part VIII
Program service revenue$4.0M · 94%
Investment income$263K · 6%
Program service revenue94%$4.0M
Investment income6%$263K
Total revenueLn 12$4.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$4.0M
Management & general3%$132K
Total functional expensesLn 25$4.2M

Balance Sheet

Part X · end of year
CashLn 1$1.1M
Total assetsLn 16$6.3M
Total liabilitiesLn 26$2.4M
Total net assetsLn 32$3.9M
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.8M · Operating expenses/yr $4.2M
16.9 months
Where the money goes
Program services
Program services $4.0M · Total expenses $4.2M
97%
Management & General
Management & general $132K · Total expenses $4.2M
3%
Fundraising
Fundraising $0 · Total expenses $4.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $4.2M
0%
Government reliance
Government grants — · Total revenue $4.2M
Earned-income share
Program service revenue $4.0M · Total revenue $4.2M
94%
Investment reliance
Investment income $263K · Total revenue $4.2M
+6%
Program self-sufficiency
Program service revenue $4.0M · Total expenses $4.2M
95%
Growth & trend
Revenue growth (YoY)
This year $4.2M · Prior year $4.3M
-2%
Revenue CAGR
FY2019 $2.8M · FY2024 $4.2M
+9%
Net-asset trend (YoY)
End of year $3.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $4.2M · Expenses $4.2M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $6.3M
Net-asset ratio
Net assets $3.9M · Total assets $6.3M
62%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $4.7M · Total assets (Pt X, ln 16) $6.3M
75%
People & payroll
Highest Reported Total Compensation
Individual David Gleiser · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $50K · Total expenses $4.2M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $60K · Total expenses $4.2M
1%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Revenue growth -2%
Legal fee ratio 0%
Accounting fee ratio 0%

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.

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 →

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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)$4.2M revenue · viewing · ⤓ 990 PDF
FY2024$4.3M revenue · ⤓ 990 PDF
FY2023$4.2M revenue · ⤓ 990 PDF
FY2022$4.3M revenue · ⤓ 990 PDF
FY2021$3.8M revenue · ⤓ 990 PDF
FY2020$2.8M 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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