Dewitt Chamber & Development Co
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Dewitt Chamber & Development Co is a 501(c)(3) organization based in Dewitt, Iowa, registered in 1994, with $511,405 in FY2024 revenue. CharityIndex grades it B.
1010 6th Ave, Dewitt, IA, 52742 EIN 42-1342254 Since 1994
Revenue (FY2024)
$511K
▲ 61.6% vs prior year
Expenses (FY2024)
$312K
Net assets
$872K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Dewitt Chamber & Development Co— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating34 mo reserves · +39% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Dewitt Chamber & Development Co: 34 mo reserves · +39% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Dewitt Chamber & Development Co— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Dewitt Chamber & Development Co: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $38K (FY2013) to $511K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $163KNet assets $872K
Operating margin
39.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$163K
Net assets
$872K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $511,405▲61.6% | $311,789▲2.3% | $872,449▲29.7% | $1,035,329▲21.3% | 990 |
| 2023 | $316,544▲32.8% | $304,677▲18.3% | $672,833▲1.8% | $853,366▲5.5% | 990 |
| 2022 | $238,396▼12.3% | $257,646▲8.3% | $660,966▼2.8% | $808,927▲1.3% | 990 |
| 2021 | $271,817▼10.2% | $237,880▲13.8% | $680,216▲5.3% | $798,315▼8.0% | 990 |
| 2020 | $302,612▲14.6% | $208,979▲2.4% | $646,279▲16.9% | $867,364▲2.9% | 990 |
| 2019 | $264,060▲20.7% | $204,134▲4.8% | $552,646▲12.2% | $842,571▲8.3% | 990 |
| 2018 | $218,710▼1.7% | $194,766▼0.4% | $492,720▲5.1% | $777,663▲3.8% | 990 |
| 2017 | $222,463▲7.6% | $195,554▼7.1% | $468,776▲6.1% | $749,358▲5.6% | 990 |
| 2016 | $206,783▲5.5% | $210,463▲14.7% | $441,867▼0.8% | $709,926▼3.5% | 990 |
| 2015 | $195,983▲1.2% | $183,490▲13.1% | $445,547▲1.0% | $735,477▲4.5% | 990 |
| 2014 | $193,610▲412% | $162,261▼15.6% | $441,069▲7.7% | $703,819▲6.7% | 990 |
| 2013 | $37,821 | $192,285▲19.9% | $409,717▼28.3% | $659,785▼20.3% | 990 |
| 2012 | — | $160,417▼1.4% | $571,399▲91.7% | $827,717▲56.2% | 990 |
| 2011 | — | $162,750▲49.7% | $298,088▼16.1% | $529,934▼9.3% | 990 |
| 2010 | — | $108,717 | $355,268 | $584,286 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Dewitt Chamber & Development Co a legitimate nonprofit?
- Yes. Dewitt Chamber & Development Co is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-1342254, based in Dewitt, Iowa. Donations are tax-deductible.
- What is Dewitt Chamber & Development Co's EIN?
- Dewitt Chamber & Development Co's Employer Identification Number (EIN) is 42-1342254.
- How much revenue does Dewitt Chamber & Development Co report?
- Dewitt Chamber & Development Co reported $511,405 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Dewitt Chamber & Development Co have?
- CharityIndex grades Dewitt Chamber & Development Co B, based on financial health (reserves and operating margin).
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Data for Dewitt Chamber & Development Co (EIN 42-1342254) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.