Sheldon Chamber & Deveopment Corp is a 501(c)(6) organization based in Sheldon, Iowa, registered in 2023, with $542,537 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$543K
▼ 3.6% vs prior year
Community median: $184K
Expenses (FY2024)
$492K
Net assets
$2.3M
Employees
—
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 →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 Sheldon Chamber & Deveopment Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Sheldon Chamber & Deveopment Corp: 57 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
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 Sheldon Chamber & Deveopment Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Sheldon Chamber & Deveopment Corp: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $506K (FY2020) to $543K (FY2024) across 5 reported years.
Financial snapshot
Operating margin
9.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$2.5M
Net assets
$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $542,537▼3.6% | $492,205 | $2,323,434▲2.2% | $4,819,963▼0.6% | 990 |
| 2023 | $562,634▲17.6% | $491,960▲10.9% | $2,273,101▲3.2% | $4,847,679▲3.6% | 990 |
| 2022 | $478,555▼14.3% | $443,592▲6.2% | $2,202,427▲1.6% | $4,680,247▼8.1% | 990 |
| 2021 | $558,158▲10.3% | $417,592▼25.6% | $2,167,464▲10.5% | $5,090,382▲2.6% | 990 |
| 2020 | $506,153 | $561,127 | $1,962,010 | $4,959,118 | 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.
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Data for Sheldon Chamber & Deveopment Corp (EIN 42-0984599) 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.