Council Bluffs Chamber of Commerce Foundation Inc
Nonprofit profile at a glance
- EIN
- 853060006
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025, Form 990-N 2024
- Location
- Council Bluffs, IA, USA
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Foundations
Reported finances
- Revenue
- $73,383
- Expenses
- $73,205
- Assets
- $4,817
- Liabilities
- $4,230
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Chris LaFerla (CEO)
People named in this filing
- Chris LaFerla (CEO)
- Mark Hanwright (Director)
- Shane Hoss (Director)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enhance economic growth and prosperity
What it reported doing in 2025
The CB Chamber of Commerce Foundation supports the Workforce Development program which strives to develop the workforce in the Council Bluffs Area.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 32
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.8%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.2%; rating input score 45; 45th percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.88; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -30.5% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -93.3% per year; rating input score 0; 2nd percentile among comparable filings
Details
- Where the money goes: 99.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $73K in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Moderate — Sustainability: Operating margin scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.