TY 2023 Form 990EZ

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? TO PROMOTE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS WITHIN THE MEANING OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE BY PROVIDING LEADERSHIP ON KEY ISSUES AND STRATEGIC POLICY RECOMMENDATIONS BY SUPPORTING PROACTIVE PROGRAMS THAT STIMULATE ECONOMIC GROWTH OPPORTUNITIES FOR THE ENTIRE STATE OF IOWA AND ITS RESIDENTS.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 POLICY DEVELOPMENT. THE MAIN FUNCTION OF THE ORGANIZATION IS TO DEVELOP POLICIES AT THE STATE LEVEL THAT STIMULATE STRONG ECONOMIC GROWTH, RESULTING IN ADDITIONAL JOBS AND INCREASED STATE AND LOCAL REVENUES. OUR MEMBER ORGANIZATIONS WORK ON ECONOMIC DEVELOPMENT AT THE LOCAL LEVEL TO ENCOURAGE BUSINESS RELOCATION, EXPANSION AND ENTREPRENEURSHIP IN IOWA COMMUNITIES. THE ICA HELPS TO ENSURE THAT THERE ARE STATE AND LOCAL TOOLS IN PLACE TO HELP ENCOURAGE THIS GROWTH. THIS INCLUDES WORKING WITH THE IOWA GOVERNOR'S OFFICE, THE IOWA ECONOMIC DEVELOPMENT AUTHORITY AND LEGISLATORS TO DEVELOP, IMPLEMENT AND EXECUTE PROGRAMS AVAILABLE FOR BUSINESS ATTRACTION AND EXPANSION. THIS ACTIVITY TAKES PLACE WITH AGENCIES IN THEIR OFFICES AND WITH LEGISLATORS AT THE IOWA CAPITOL. THE ORGANIZATION UTILIZES CONTRACTS WITH LOBBYISTS AND AN EXECUTIVE DIRECTOR TO CARRY OUT THIS PURPOSE, WITH ASSISTANCE FROM THE MEMBER ORGANIZATIONS. THIS ACTIVITY HAS BEEN CARRIED OUT SINCE THE INCEPTION OF ICA. IT FURTHERS ICA'S EXEMPT PURPOSE OF PROMOTING THE COMMON INTERESTS OF ITS MEMBER ORGANIZATIONS BY WORKING TO COORDINATE STATEWIDE ECONOMIC DEVELOPMENT POLICIES WITH THE LOCAL INITIATIVES OF OUR MEMBERS. THIS WORK ALSO INCLUDES COORDINATION WITH OTHER BUSINESS ADVOCACY GROUPS SUCH AS THE IOWA BUSINESS COUNCIL, THE IOWA ASSOCIATION OF BUSINESS AND INDUSTRY, THE IOWA TAXPAYERS ASSOCIATION AND THE IOWA CHAPTER OF THE NATIONAL FEDERATION OF INDEPENDENT BUSINESSES. THE ICA EXECUTIVE DIRECTOR COLLABORATES WITH THESE GROUPS TO ENSURE A SIMILAR MESSAGE AND APPROACH TO BUSINESS ISSUES IN THE STATE OF IOWA. (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 NETWORKING AND PROFESSIONAL DEVELOPMENT. A SECONDARY ACTIVITY FOR THE ORGANIZATION IS TO PROVIDE A VEHICLE FOR NETWORKING AND PROFESSIONAL DEVELOPMENT BETWEEN CHAMBER EXECUTIVES AND THEIR STAFF. SIGNIFICANT TIME IS DEVOTED AT MONTHLY IN-PERSON MEETINGS TO DISCUSS APPROACHES TO SIMILAR ISSUES AND TO SHARE IDEAS. IN ADDITION TO MONTHLY MEETINGS, THE ICA HOSTS AN ANNUAL RETREAT THAT SPENDS SIGNIFICANT TIME ON PROFESSIONAL DEVELOPMENT AS WELL AS PERIODIC PROFESSIONAL DEVELOPMENT OPPORTUNITIES THROUGH WEBINARS. TOPICS FOR THE RETREAT AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES VARY BASED UPON SIGNIFICANT TOPICS, BUT CERTAIN SUBJECTS ARE STANDARD SUCH AS INFORMATION ON ECONOMIC DEVELOPMENT TOOLS AND POLICIES. THESE ACTIVITIES ARE DONE IN PERSON AS WELL AS VIRTUALLY AND ARE TYPICALLY PROVIDED BY THE EXECUTIVE DIRECTOR. HOWEVER, TOPICS OF INTEREST MAY REQUIRE OUTSIDE PRESENTERS BASED UPON AREAS OF EXPERTISE. THIS ACTIVITY HAPPENS ON A REGULAR BASIS AND HAS OCCURRED SINCE THE INCEPTION OF ICA. IT FURTHERS ICA'S EXEMPT PURPOSE OF PROMOTING THE COMMON INTERESTS OF ITS MEMBER ORGANIZATIONS BY EDUCATING OUR LOCAL MEMBERS ABOUT ECONOMIC DEVELOPMENT PRACTICES THAT HAVE WORKED IN OTHER AREAS AND BY FACILITATING COOPERATION AND COMMUNICATION AMONG OUR MEMBERS. (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 PUBLIC AFFAIRS AND EDUCATION. ANOTHER SECONDARY ACTIVITY IS WORKING ON EDUCATION ON ECONOMIC DEVELOPMENT FOR THE BROADER PUBLIC. THE ICA EXECUTES LUNCHEONS, RECEPTIONS AND OTHER EVENTS TO DISCUSS OUR BROADER PRIORITIES ALONG WITH PROVIDING INFORMATION ON IOWA'S ECONOMIC GROWTH. THE PROGRAMS ARE TYPICALLY RUN BY THE EXECUTIVE COMMITTEE WITH SUPPORT FROM THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR ALSO PUTS ON WEBINAR TRAININGS THAT ARE OFFERED TO THE MEMBERS OF THE INDIVIDUAL CHAMBERS ON TOPICS THAT ARE IMPORTANT TO ECONOMIC DEVELOPMENT AT THE FEDERAL, STATE AND LOCAL LEVELS. THIS ACTIVITY HAS BEEN CARRIED OUT SINCE 2018. IT FURTHERS ICA'S EXEMPT PURPOSE OF PROMOTING COMMON INTERESTS OF ITS MEMBER ORGANIZATIONS BY EDUCATING THE PUBLIC AT LARGE ABOUT ECONOMIC DEVELOPMENT PRACTICES THAT CAN BE USED TO IMPROVE THEIR COMMUNITIES. (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
DOUG NEUMANN CHAIR	5.00	0
CARY DARRAH VICE CHAIR	1.00	0
JAY BYERS Secretary	1.00	0
CHAD SCHRECK Treasurer	1.00	0
MOLLY GROVER PAST CHAIR	1.00	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans, and
deferred compensation

(e) Estimated amount
of other compensation

DOUG NEUMANN

CHAIR

5.00

CARY DARRAH

VICE CHAIR

1.00

JAY BYERS

Secretary

1.00

CHAD SCHRECK

Treasurer

1.00

MOLLY GROVER

PAST CHAIR

1.00

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Expenses.1002	Office Expenses $2400
Other Expenses.1005	Travel $2018
Other Expenses.1	Talent Poll $57751
Other Expenses.2	EVENTS $29667
Other Expenses.3	Sponsorships $2500
Other Expenses.4	Executive Director Expenses $647
Other Expenses.5	Meetings $259
Other Expenses.6	Miscellaneous $188
Other Expenses.7	Bank Fees $107
Other Expenses.8	Marketing $89

Return Reference

Explanation

Other Expenses.1002

Office Expenses $2400

Other Expenses.1005

Travel $2018

Other Expenses.1

Talent Poll $57751

Other Expenses.2

EVENTS $29667

Other Expenses.3

Sponsorships $2500

Other Expenses.4

Executive Director Expenses $647

Other Expenses.5

Meetings $259

Other Expenses.6

Miscellaneous $188

Other Expenses.7

Bank Fees $107

Other Expenses.8

Marketing $89

1	Contributions, gifts, grants, and similar amounts received ....................	1	102,075
2	Program service revenue including government fees and contracts ................	2	25,750
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	127,825

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12
13	Professional fees and other payments to independent contractors ............	13	105,079
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15
16	Other expenses (describe in Schedule O) ...................	16	95,626
17	Total expenses. Add lines 10 through 16 .................	17	200,705

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-72,880
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	83,218
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	10,338

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Software ID:	23017517
Software Version:	2023v5.0