Winneshiek County Development INC: Nonprofit Profile, Financials & Form 990 (EIN 42-1389522)

Revenue by fiscal year
FY2021	$318K
FY2022	$1.3M
FY2023	$254K
FY2024	$226K
FY2025	$234K

Expenses by fiscal year
FY2021	$280K
FY2022	$1.3M
FY2023	$134K
FY2024	$224K
FY2025	$264K

Net assets by fiscal year
FY2021	$137K
FY2022	$185K
FY2023	$305K
FY2024	$247K
FY2025	$237K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1993.

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

Where the money goes

98 cents of each dollar spent went to programs.

98%

Program services 98% · $260K Management & general 2% · $4K

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

Something off? Claim to add context

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation

Nina Taylor

Board Member

$0Pt VII · Sec A

Keith Bruening

Board Member

$0Pt VII · Sec A

Rick Burras

Board Member

$0Pt VII · Sec A

Erin Powers Daley

Board Member

$0Pt VII · Sec A

Lindsay Erdman

Board Member

$0Pt VII · Sec A

Renae Frana

Exec Board M

$0Pt VII · Sec A

Travis Goedken

Board Member

$0Pt VII · Sec A

Ben Grimstad

Board Member

$0Pt VII · Sec A

See Winneshiek County Development INC executive salaries →

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 15aNo

Programs and updates

Promotes Winneshiek County to attract businesses and enhance local economic development.

Questions for Winneshiek County Development INC

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Your first name shows with your question. Winneshiek County Development INC answers here, for everyone.

1 program · in their own filed words · FY2024

01

Promote Winneshiek County to prospective businesses to enhance economic Development within the County.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 42-1389522) · Dispute this line

Pt IX · Ln 25 · col B

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 · 1 grant · $850K · 2021–2021

Sunflower Child Care Center INCIA · FY2021$850,000

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$234K

Ln 12

Gifts and grantsLn 1h$141K

Fees for servicesLn 2g$86K

Investment incomeLn 3$4K

Money outPt IX

$264K

Ln 25

Programscol B$260K

Managementcol C$4K

Owns and owesPt X

$237K

net assets · Ln 32

Cash and savingsLn 1–2$238K

Total assetsLn 16$279K

LiabilitiesLn 26$41K

PeoplePt VI, VII

18

listed · VII A

PaidVII A0

Voting boardVI 1a18

IndependentVI 1b18

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$141K

Government grantsLn 1e$141K

Fees for servicesLn 2g$86K

Investment incomeLn 3$4K

Other incomeLn 4–11$4K

Total revenueLn 12$234K

Assets in detailPt X, end of year

SavingsLn 2$238K

Cash and savings togetherLn 1–2$238K

Land, buildings, equipmentLn 10c$2K

Other assetsLn 15$38K

Total assetsLn 16$279K

LiabilitiesLn 26$41K

Net assetsLn 32$237K

OperationsPt I, VI

EmployeesI 50

Fiscal year endsHeaderJune

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$255K	$238K
Land, buildings, equipmentLn 10c	$3K	$2K
Total assetsLn 16	$307K	$279K
LiabilitiesLn 26	$60K	$41K
Net assetsLn 32	$247K	$237K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$47K	$47K
Payroll taxesLn 10	$3K	$3K
Management feesLn 11a	$149K	$149K
Accounting feesLn 11c	$6K	$6K
Advertising and promotionLn 12	$797	$797
Office expensesLn 13	$391	$391
OccupancyLn 16	$8K	$8K
Conferences, conventions and meetingsLn 19	$4K		$4K
Depreciation, depletion and amortizationLn 22	$1K	$1K
Other expenses (24a–d)Ln 24	$43K	$43K
All other expensesLn 24e	$411	$411
Total functional expensesLn 25	$264K	$260K	$4K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS Nov 3, 2025	$234K	$264K	−$30K	$237K	990 PDF
FY2024Filed with the IRS Nov 8, 2024	$226K	$224K	$2K	$247K	990 PDF
FY2023Filed with the IRS Aug 24, 2023	$254K	$134K	$120K	$305K	990 PDF
FY2022Filed with the IRS Nov 14, 2022	$1.3M	$1.3M	$48K	$185K	990 PDF
FY2021Filed with the IRS Nov 8, 2021	$318K	$280K	$38K	$137K	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2025 990

Part I · Summary $234,333 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $133,440$141,000

I-9 Program service revenuePrior year $75,403$85,691

I-10 Investment incomePrior year $5,576$4,142

I-11 Other revenuePrior year $11,954$3,500

I-12 Total revenuePrior year $226,373$234,333

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $41,553$50,473

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $182,937$213,644

I-18 Total expensesPrior year $224,490$264,117

I-19 Revenue less expensesPrior year $1,883−$29,784

Part VI · Governance 18 of 18 board members independent, 4 to look at

VI-1a Voting members of the governing body18

VI-1b Independent voting members18

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $234,333 across 6 lines filed

VIII-1e Government grants$141,000

VIII-1h Total contributions, gifts and grants$141,000

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $85,691$85,691

VIII-3 Investment incomeRelated to mission $4,142$4,142

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $3,500$3,500

VIII-12 Total revenueRelated to mission $93,333$234,333

Part IX · Statement of functional expenses $264,117 across 11 lines filed

IX-7 Other salaries and wagesPrograms $47,433$47,433

IX-10 Payroll taxesPrograms $3,040$3,040

IX-11a Management feesPrograms $149,372$149,372

IX-11c Accounting feesPrograms $6,393$6,393

IX-12 Advertising and promotionPrograms $797$797

IX-13 Office expensesPrograms $391$391

IX-16 OccupancyPrograms $8,401$8,401

IX-19 Conferences, conventions and meetingsManagement $4,014$4,014

IX-22 Depreciation, depletion and amortizationPrograms $1,285$1,285

IX-24 Other expenses (24a–d)Programs $42,580$42,580

IX-24e All other expensesPrograms $411$411

IX-25 Total functional expensesPrograms $260,103 · Management $4,014 · Fundraising $0$264,117

Part X · Balance sheet $278,593 assets, 10 lines filed

X-2 Savings and temporary cash investmentsStart of year $255,132$237,918

X-10c Land, buildings and equipment, netStart of year $3,460$2,175

X-15 Other assetsStart of year $48,500$38,500

X-16 Total assetsStart of year $307,092$278,593

X-17 Accounts payable and accrued expensesStart of year $190$1,475

X-18 Grants payableStart of year $60,000$40,000

X-26 Total liabilitiesStart of year $60,190$41,475

X-27 Net assets without donor restrictionsStart of year $246,902$237,118

X-32 Total net assets or fund balancesStart of year $246,902$237,118

X-33 Total liabilities and net assetsStart of year $307,092$278,593

Part XI · Reconciliation of net assets $237,118 net assets at year end

XI-1 Total revenue$234,333

XI-2 Total expenses$264,117

XI-3 Revenue less expenses−$29,784

XI-4 Net assets at start of year$246,902

XI-8 Prior period adjustments$20,000

XI-10 Net assets at end of year$237,118

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

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Winneshiek County Development INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Winneshiek County Development INC

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV

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