philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Ssmid II FY2020 filing

Tax-deductible

Clinton, IA501(c)(3)Community Development EIN 45-5630917Revenue $149K in FY2020Latest return filed Nov 16, 2025

On file with the IRSClinton, IATax-exempt since Nov 2013Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

Promote growth, revitalization and redevelopment of downtown clinton, IA and to combat community deterioration, to support existing businesses and properties and encourage new businesses to open.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-5630917) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $15K a year · 10% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
71%
of spending
71% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
5.9 mo
of spending, in cash
5.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$10K
16% of total assets
Liabilities are 16% of assets.
Pt X · Ln 26
Independent board members
0
of 9 voting members
None of 9 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$149K
Spent
$117K
To programs
71%
Net assets
$53K
By yearFY2020–FY2024
Revenue
$149K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$149K
FY2021$144K
FY2022$152K
FY2023$139K
FY2024$160K
Expenses
$117K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$117K
FY2021$185K
FY2022$131K
FY2023$147K
FY2024$91K
Net assets
$53K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$53K
FY2021$12K
FY2022$33K
FY2023$27K
FY2024$97K

From the FY2020 Form 990 · see the original

Give Follow Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2013.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $83K Management & general 29% · $34K

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

9 people listed on the 990.

Part VII, Section A · reportable compensation
Tim Clark
President
$0Pt VII · Sec A
Dennis Lauver
Vice President
$0Pt VII · Sec A
Deb Wiese
Treasurer
$0Pt VII · Sec A
Connie Vulich
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Rich Jaeger
Director
$0Pt VII · Sec A
Mike Espey
Director
$0Pt VII · Sec A
See Ssmid II 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

Revitalizes downtown Clinton, Iowa, supporting businesses and combating deterioration.

Questions for Ssmid II

Tap to ask. Ssmid II sees how many people are interested.

Your first name shows with your question. Ssmid II answers here, for everyone.

2 programs · $115K · in their own filed words · FY2020
01

Beautification of downtown clinton, including landscaping, planters,

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-5630917) · Dispute this line
$111Kprogram expense
02

Downtown activities to encourage people to attend downtown events and

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 45-5630917) · Dispute this line
$4Kprogram 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 · 1 grant · $23K · 2024–2024
Unitemized GrantFY2024$23,017

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$149K
Ln 12
Fees for servicesLn 2g$116K
Investment incomeLn 3$34K
Money outPt IX
$117K
Ln 25
Programscol B$83K
Managementcol C$34K
Owns and owesPt X
$53K
net assets · Ln 32
Cash and savingsLn 1–2$58K
Total assetsLn 16$64K
LiabilitiesLn 26$10K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$116K
Investment incomeLn 3$34K
Gains on assetsLn 7$34K
Total revenueLn 12$149K
Assets in detailPt X, end of year
CashLn 1$58K
Cash and savings togetherLn 1–2$58K
Land, buildings, equipmentLn 10c$6K
Total assetsLn 16$64K
LiabilitiesLn 26$10K
Net assetsLn 32$53K
OperationsPt I, VI
EmployeesI 52
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$18K$58K
Land, buildings, equipmentLn 10c$71K$6K
Total assetsLn 16$89K$64K
LiabilitiesLn 26$67K$10K
Net assetsLn 32$22K$53K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Pay of officers and key staff (Part IX, line 5)Ln 5$28K$12K$16K
Payroll taxesLn 10$3K$1K$2K
Legal feesLn 11b$2K$1K$644
Other fees for servicesLn 11g$500$500
Advertising and promotionLn 12$9K$2K$7K
Office expensesLn 13$2K$2K
OccupancyLn 16$3K$3K
Conferences, conventions and meetingsLn 19$375$375
InterestLn 20$759$759
Depreciation, depletion and amortizationLn 22$833$833
InsuranceLn 23$6K$2K$5K
Other expenses (24a–d)Ln 24$61K$59K$2K
Total functional expensesLn 25$117K$83K$34K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 16, 2025 $160K$91K$69K$97K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $139K$147K−$7K$27K 990 PDF
FY2022Filed with the IRS Apr 5, 2023 $152K$131K$21K$33K 990 PDF
FY2021Filed with the IRS Apr 28, 2022 $144K$185K−$41K$12K 990 PDF
FY2020 ViewingFiled with the IRS Nov 15, 2021 $149K$117K$32K$53K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $149,480 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $53,893$0
I-9 Program service revenuePrior year $130,010$115,768
I-10 Investment income$33,712
I-11 Other revenue$0
I-12 Total revenuePrior year $183,903$149,480
I-13 Grants and similar amounts paidPrior year $10,266$2,296
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $46,788$30,702
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $157,950$84,459
I-18 Total expensesPrior year $215,004$117,457
I-19 Revenue less expensesPrior year −$31,101$32,023
Part VI · Governance 0 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $149,480 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $115,768$115,768
VIII-7 Net gain or loss on sales of assetsRelated to mission $33,172$33,712
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $148,940$149,480
Part IX · Statement of functional expenses $117,457 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $2,296$2,296
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $11,735 · Management $16,046$27,781
IX-10 Payroll taxesPrograms $1,233 · Management $1,688$2,921
IX-11b Legal feesPrograms $1,000 · Management $644$1,644
IX-11g Other fees for servicesManagement $500$500
IX-12 Advertising and promotionPrograms $2,180 · Management $6,539$8,719
IX-13 Office expensesManagement $1,991$1,991
IX-16 OccupancyPrograms $2,734$2,734
IX-19 Conferences, conventions and meetingsManagement $375$375
IX-20 InterestPrograms $759$759
IX-22 Depreciation, depletion and amortizationPrograms $833$833
IX-23 InsurancePrograms $1,542 · Management $4,624$6,166
IX-24 Other expenses (24a–d)Programs $58,974 · Management $1,764$60,738
IX-25 Total functional expensesPrograms $83,286 · Management $34,171 · Fundraising $0$117,457
Part X · Balance sheet $63,700 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $18,347$57,523
X-10c Land, buildings and equipment, netStart of year $70,776$6,177
X-16 Total assetsStart of year $89,123$63,700
X-24 Unsecured notes and loans payableStart of year $15,625$8,000
X-25 Other liabilitiesStart of year $1,613$2,247
X-26 Total liabilitiesStart of year $67,238$10,247
X-27 Net assets without donor restrictionsStart of year $21,885$53,453
X-32 Total net assets or fund balancesStart of year $21,885$53,453
X-33 Total liabilities and net assetsStart of year $89,123$63,700
Part XI · Reconciliation of net assets $53,453 net assets at year end
XI-1 Total revenue$149,480
XI-2 Total expenses$117,457
XI-3 Revenue less expenses$32,023
XI-4 Net assets at start of year$21,885
XI-8 Prior period adjustments−$455
XI-10 Net assets at end of year$53,453

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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

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. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home 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, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.