Powered by CharityEZ

Charity report ready

AMES REGIONAL ECONOMIC ALLIANCE

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

AMES REGIONAL ECONOMIC ALLIANCE

EIN 42-0623975 · Commemorative Events (A84)

What they do

THE AMES REGIONAL ECONOMIC ALLIANCE, KNOWN AS THE ALLIANCE,WORKS to PROMOTE ECONOMIC GROWTH and COMMUNITY DEVELOPMENT ACROSS BOONE, HAMILTON, and STORY COUNTIRES IN CENTRAL IOWA. WE ARE AN ALLIANCE of PEOPLE and BUSINESSES PARTNERING for ECONOMIC GROWTH to MAKE THIS REGION ONE of EXCELLENCE, INNOVATION, and A LEADING AREA for SUCCESS IN THE STATE and THE REGION.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $74.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

77.97%of revenue went to mission work74.2% of expenses · Program services
$105.13spent for every $100 of revenueSpending was higher than revenue this year.
$0.76in assets for every $1 spent this yearSome assets cannot be spent right away.
79.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $204,264 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $328,183 for DANIEL CULHANE (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,983,840
Mission workProgram services$3,106,24377.97% of revenue74.2% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$4,188,104105.13% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 74.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 105.13% of revenue
2023Expense mix: 73.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 103.49% of revenue
2022Expense mix: 71.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.06% of revenue
2021Expense mix: 76.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 85.08% of revenue
2020Expense mix: 73.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 90.14% of revenue
2019Expense mix: 71.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 77.94% of revenue
2018Expense mix: 94.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 98.53% of revenue

Money in and money out

Revenue$3,983,840
Expenses$4,188,104
Annual shortfall $204,264 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,106,243 · 74.2% of expenses
See all reported dollar amounts
Revenue$3,983,840
Expenses$4,188,104
Assets$3,166,055
Income$3,983,840
Contributions$3,175,291
Mission work (program services)$3,106,243
Accounting fees$41,786
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DANIEL CULHANEPRESIDENT/CEO · 40 hrs/week $328,183Base $298,670 · Other $29,513
BILLI HUNTCULTIVATION CORRIDOR · 40 hrs/week $212,584Base $191,703 · Other $20,881
ERIC SMIDTVICE PRESIDENT · 40 hrs/week $132,045Base $107,932 · Other $24,113
BRENDA DRYERSENIOR VICE PRESIDENT · 40 hrs/week $123,023Base $115,286 · Other $7,737

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

DANIEL CULHANEPRESIDENT/CEO

BILLI HUNTCULTIVATION CORRIDOR

ERIC SMIDTVICE PRESIDENT

BRENDA DRYERSENIOR VICE PRESIDENT

JONATHAN SCHROEDERDIRECTOR

XENA JOLLYDIRECTOR

TRACY DRURYDIRECTOR

TIM TRYONDIRECTOR

TAMMY STEGMAN - TAF PAST CHAIRDIRECTOR

SUSAN FRANTZDIRECTOR

STACEY WOODWARDDIRECTOR

SAM STAGG - AMS PAST CHAIRDIRECTOR

RYAN MCGUIREDIRECTOR

MITCH ANDERSON -FUEL ADVISORY COUNCDIRECTOR

MICHELLE VOGELIMMEDIATE PAST CHAIR

MATT FRANCODIRECTOR

JULIE MOSS2ND VICE CHAIR

ABBIE MILLERTREASURER

JILL JANESDIRECTOR

JEFF JANESCHAIR

JASON JENNINGSVICE CHAIR

DOUG RAGALLERDIRECTOR

ANDY DUHNDIRECTOR

ANDREW RICKLEFSDIRECTOR

ALAINA DUHNDIRECTOR

About this charity

Recognized since
January 1946
Location
304 MAIN STREET, AMES, IA 50010
County
Story
In care of
DANIEL CULHANE
Primary officer
DANIEL CULHANE, PRESIDENT/CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
TRUSTPOINT LLP
NTEE classification
Commemorative Events (A84)
IRS tax category
Commemorative Events

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free