Butler County Resource and Development Group

Nonprofit profile at a glance

EIN
421317287
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Allison, IA, USA
Phone
3192672858
Rating
94
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$107,323
Expenses
$156,619
Assets
$441,063
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Roger Kregel (Board President)
  • Katie LaBree (Board Vice President)
  • Jeff Kolb (Executive Director)

People named in this filing

  • Roger Kregel (Board President)
  • Katie LaBree (Board Vice President)
  • Gale Brinkman (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We are the lead economic development organization serving Butler and Grundy Counties in Iowa. We promote economic prosperity by providing resources and building relationships to help attract and retain business and industry to grow our employment opportunities and tax base, and to support community development to help our communities attract new residents. Our secondary role is to serve as the lead tourism marketing organization for our two counties.

What it reported doing in 2024

Market Butler and Grundy counties and assist with development of industrial sites to attract new employers and businesses. We also assist the leaders in our communities with community development technical assistance related to increasing available housing, downtown redevelopment, and workforce development and attraction.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 36
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -45.9%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 2.82; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 44.7%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 17% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: -1.3% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -5% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $157K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.