Forest City Economic Development

Community development organization based in Forest City, IA. 2 employees. Exempt under §501(c)(6).

MissionPROMOTE ECONOMIC DEVELOPMENT AND ADDITIONAL HOUSING IN THE FOREST CITY COMMUNITY.

EIN
42-1525819
State
IA
Sector
Community development
Budget band
<$250K
Latest filing
TY 2023
Records
—

Financial snapshot · TY 2023

$234K
Total revenue
$237K
Total expenses
$1.1M
Net assets

Financial health · TY 2023

73
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
38.5 months of expenses
Program efficiency
53
71.3% spent on programs
Revenue diversity
57
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Forest City Economic Development Executive Compensation | 990 Data | DoubleNine