Greater Des Moines Committee
Nonprofit profile at a glance
- EIN
- 420283250
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- Des Moines, IA, USA
- Phone
- 5152864950
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $149,828
- Expenses
- $129,406
- Assets
- $105,350
- Liabilities
- $4,205
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- DR ADREAIN HENRY (CHAIR)
- DAVID LETO (VICE CHAIR)
- BRIAN SATHER (PAST CHAIR)
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
To promote and develop local business interests.
What it reported doing in 2025
Annual black tie dinner to recognize Iowa business hall of fame inductees for outstanding contributions to the development and enhancement of Iowa's business climate.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 45.7%; rating input score 46
- Program expense ratio: 52.9%; rating input score 53
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13.6%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -7.1% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: 21.6% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 20.6% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 45.7% of revenue deployed · 52.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $68K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Review — Financial Efficiency: Program expense ratio scored 53/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.