IOWA COMMUNITY CAPITAL: Form 990EZ, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- IOWA COMMUNITY CAPITAL (EIN 42-1502371)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2015-08-28
- IRS object ID
- 201522409349200012
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-08-28T09:21:14-07:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Houston & Seeman PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 724 Story St 601 | AddressLine1Txt |
| City | Boone | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 500362871 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 421502371 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IOWA COMMUNITY CAPITAL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IOWA | BusinessNameControlTxt |
| Phone | 5152120182 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 8TH STREET | AddressLine1Txt |
| City | BOONE | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CRAIG DOWNS | PersonNm |
| Person Title | Secretary | PersonTitleTxt |
| Signature | 2015-08-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Eric G Seeman | PreparerPersonNm |
| PTIN | P00333184 | PTIN |
| Phone | 5154321176 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | www.solidaritymicrofinance.org | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $90,471 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $89,574 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $897 | InvestmentIncomeAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Total Revenue | $90,471 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $107,042 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $12,095 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $9,824 | OccupancyRentUtltsAndMaintAmt |
| Other Expenses Total | $51,193 | OtherExpensesTotalAmt |
| Total Expenses | $180,154 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$89,683 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $147,884 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $58,201 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,360 | BOYAmt |
| EOY | $78,213 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,100 | BOYAmt |
| EOY | $35,859 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,460 | BOYAmt |
| EOY | $114,072 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,576 | BOYAmt |
| EOY | $55,871 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,884 | BOYAmt |
| EOY | $58,201 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | THE MISSION OF IOWA COMMUNITY CAPITAL IS TO STRENGTHEN THE SOCIAL AND ECONOMIC WELL BEING OF INDIVIDUALS AND COMMUNITIES THROUGH FINANCIAL SERVICES. IOWA COMMUNITY CAPITAL PROVIDES LOANS TO LOW-AND MODERATE-INCOME INDIVIDUALS IN IOWA. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | THE MISSION OF IOWA COMMUNITY CAPITAL IS TO STRENGTHEN THE SOCIAL AND ECONOMIC WELL BEING OF INDIVIDUALS AND COMMUNITIES THROUGH FINANCIAL SERVICES. IOWA COMMUNITY CAPITAL PROVIDES LOANS TO LOW-AND MODERATE-INCOME INDIVIDUALS IN IOWA. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $140,562 | GrantsAndAllocationsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $140,562 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| MARK EDELMAN | ||
| Chairman | 4.00 | $0 |
| CRAIG DOWNS | ||
| Secretary | 4.00 | $0 |
| CLARENCE MCGREGOR | ||
| Vice Chair | 4.00 | $0 |
| BURT CHOJNOWSKI | ||
| Director | 2.00 | $0 |
| MARSHA LAUX | ||
| Director | 2.00 | $0 |
| RANDY SCHMITZ | ||
| Treasurer | 4.00 | $0 |
| ALEJANDRO OROZCO | ||
| Director | 2.00 | $0 |
| CHRIS EDGINGTON | ||
| Director | 2.00 | $0 |
| VINCENT LINTZ | ||
| Director | 2.00 | $0 |
| ALBA PEREZ | ||
| Director | 2.00 | $0 |
| MICHAEL THIBODEAU | ||
| Director | 2.00 | $0 |
| ERIC IDEHEN | ||
| Director | 2.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Organization Filed990 T | false | OrganizationFiled990TInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Initiation Fees And Cap Contri | $0 | InitiationFeesAndCapContriAmt |
| Gross Receipts For Public Use | $0 | GrossReceiptsForPublicUseAmt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SECRETARY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 8TH STREET STE 205 | AddressLine1Txt |
| City | BOONE | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5152120182 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Form720 Filed | false | Form720FiledInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Related Org Sect527 Org | false | RelatedOrgSect527OrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,428 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,105 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,870 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $166,313 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $89,754 | CurrentTaxYearAmt |
| Total | $270,470 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,428 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,105 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,870 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $166,313 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $89,754 | CurrentTaxYearAmt |
| Total | $270,470 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $270,470 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $42 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $897 | CurrentTaxYearAmt |
| Total | $939 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $271,409 | TotalSupportAmt |
| Public Support CY170 | 0.99650 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99920 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other Expenses.1001 | Advertising and Promotion $4492 |
| Other Expenses.1002 | Office Expenses $3686 |
| Other Expenses.1005 | Travel $11389 |
| Other Expenses.1007 | Conferences, Conventions, and Meetings $451 |
| Other Expenses.1012 | Insurance $2501 |
| Other Expenses.1 | IFMCV CONTRACT $24996 |
| Other Expenses.2 | TRAINING $2000 |
| Other Expenses.3 | MEALS $914 |
| Other Expenses.4 | OPEN HOUSE $764 |
| Other Assets.1011 | Prepaid Expenses and Deferred Charges - Beginning $1100 Prepaid Expenses and Deferred Charges - Ending $1300 |
| Other Assets.1 | LOAN POOL ADVANCES - Beginning $0 LOAN POOL ADVANCES - Ending $34559 |
| Total Liabilities.1001 | Accounts Payable and Accrued Expenses - Beginning $9576 Accounts Payable and Accrued Expenses - Ending $5871 |
| Total Liabilities.1007 | Secured Mortgages and Notes Payable - Beginning $50000 Secured Mortgages and Notes Payable - Ending $50000 |
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