Program areas at Waterloo Development Corporation
Promote civic, industrial, mercantile, traffic and transportation, agricultural and other interest of Waterloo, cedar falls and northeast Iowa areas.during the 2014 tax year, the organization completed construction of the cedar valley sportsplex facility, primarily funded through private funding. The sportsplex is a multi-purpose sports facility that includes indoor and outdoor play areas, a gymnasium, a field house with batting cages and golf hitting area, a leisure pool, locker rooms and several multi purpose rooms for conferences or exercise classes. The facility is operated by the city of Waterloo leisure services department. The organization has entered into an agreement with the city of Waterloo, ia to lease the facility at a discounted rate with an option to purchase the facilty for $1 upon the expiration of the lease.
Who funds Waterloo Development Corporation
Grants from foundations and other nonprofits
Personnel at Waterloo Development Corporation
Name | Title | Compensation | Date of data |
---|
Robert Petersen | Vice President | $0 | 2023-10-31 |
Jim Walsh | Secretary and Treasurer | $0 | 2022-12-31 |
Financials for Waterloo Development Corporation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $876,722 | $123,600 | 609.3% |
Program services | $0 | $0 | - |
Investment income and dividends | $29 | $29 | - |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $200 | $0 | 999% |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $876,951 | $123,629 | 609.3% |
Organizations like Waterloo Development Corporation
Organization | Type | Location | Revenue |
---|
Livingston Community Partnership Management Corporation | 501(c)(3) | Livingston, NJ | $431,032 |
Purchase Area Regional Industrial Authority | 501(c)(3) | Mayfield, KY | $252,241 |
Mitchell Area Development Corporation | 501(c)(3) | Mitchell, SD | $530,993 |
Columbia Development Corporation | 501(c)(3) | Columbia, SC | $457,565 |
El Paso Collaborative for Community and Economic Development | 501(c)(3) | El Paso, TX | $310,490 |
Greater Winston-Salem Development Corporation | 501(c)(3) | Winstonsalem, NC | $791,137 |
Northeast Indiana Fund | 501(c)(3) | Fort Wayne, IN | $297,344 |
Seneca County EDC | 501(c)(3) | Waterloo, NY | $600,160 |
West Central Community Development Group | 501(c)(3) | Albuquerque, NM | $377,644 |
SOBRO Development Corporation | 501(c)(3) | Bronx, NY | $965,131 |
Data update history
December 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 30, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
- Address
- 360 Westfield Ave Ste 200
- Waterloo, IA 50701
- Metro area
- Waterloo-Cedar Falls, IA
- County
- Black Hawk County, IA
- Phone
- (319) 292-3956
IRS details
- EIN
- 42-1505470
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2000
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Independent
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