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TIPTON ECONOMIC DEVELOPMENT CORP

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Public IRS 990 nonprofit record

TIPTON ECONOMIC DEVELOPMENT CORP

EIN 42-1278185 · Community Coalitions (S21)

Complete Charity Report — $1IRS status · full finances · grants · payProceeds go back to charities

What they do

THE TIPTON ECONOMIC DEVELOPMENT CORPORATION WAS CREATED for MARKETING THE CITY of TIPTON AS A GOOD PLACE for A COMPANY to LOCATE or EXPAND. THE ORGANIZATION WORKS TOGETHER WITH CITY of TIPTON OFFICIALS to GATHER and COLLATE INFORMATION REGARDING INFRASTRUCTURE, SITE AVAILABILITY and PRICING, COMPARATIVE WAGE SCALES and SIMILAR FACTS ABOUT OUR COMMUNITY to PRESENT to INDUSTRIAL DEVELOPMENT PROSPECTS. THE ORGANIZATION ALSO WORKS WITH CITY OFFICIALS to BRING AVAILABLE LAND UNDER CONTROL SO THEY CAN MARKET THE LAND to PROSPECTS AT AN ATTRACTIVE PRICE AS OPPOSED to DEALING WITH INFLATED PRICES THAT INDIVIDUAL LANDOWNERS MIGHT CHARGE.WE ALSO COORDINATE WITH CITY OFFICIALS to PRESENT AVAILABLE INCENTIVES SUCH AS LAND TAX ABATEMENT and TAX INCREMENT FINANCING. MEMBERS of OUR ORGANIZATION ARE ALSO AVAILABLE to GIVE COMMUNITY TOURS and OTHER MARKETING FUNCTIONS NEEDED to ATTRACT BUSINESSES to OUR COMMUNITY. OUR ORGANIZATION HAS TAKEN THE STEPS REQUIRED to BECOME A SHOVEL READY CERTIFIED SITE to

How to reach them

ContactSTUART CLARKPRESIDENT

Mailing address407 LYNN ST, TIPTON, IA 527721633

Main phone(563) 886-4597 Contact phone(563) 886-2131 WebsiteVisit the charity’s website

Source: Form 990 public record. Confirm details with the nonprofit before visiting or sending anything.

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About this charity

Recognized since
April 2002
County
Cedar
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Should I give to this charity?

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Look at where the money went

Of every $100 spent, about $50.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Who runs this charity—and what were they paid?

This filing lists 8 leaders and board members, with no compensation reported for the people in this filing. The complete report shows their names, titles, time commitments, and exact compensation.

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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

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 leaders8 people are listed in the latest report.

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

Money made simple

50.0%of expenses went to mission workForm 990 program services
50.0%of expenses went to managementOffice and general costs
Want the exact dollars and year-by-year history?Open the complete $1 report →

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Worth asking: Expenses exceeded revenue this year. Ask whether that was planned or caused by a one-time event. The complete report shows the exact difference and financial history.

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Money

Financial picture

Tax year 2024

A quick look at the charity’s latest reported finances. The complete report adds exact spending amounts, financial history, grants, funders, contractors, fees, and leadership pay.

Revenue$3,853
Expenses$6,502

How reported expenses were divided

This free view shows the broad spending mix. Exact dollar amounts and revenue comparisons are included in the complete report.

Mission workProgram services50.0%of expenses
ManagementOffice and general costs50.0%of expenses
FundraisingAsking for donations0.0%of expenses

Mission work is the Form 990 category called program services. These are the organization’s reported accounting categories, not an independent measure of results.

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People

Leadership and board

Tax year 2024

8 people are listed in this filing

The complete report identifies every listed leader and board member, their title, reported weekly time, and compensation.

See the full leadership roster for $1 →
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