Overview

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Est.

1986

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Morning Sun Development Corp is a nonprofit organization focused on community and economic development in Morning Sun, Iowa. With a mission to support initiatives that enhance the community as an attractive place to live, work, and conduct business, the organization operates with an annual budget of $55.8K and reported total revenue of $29K in 2024. Notably, it relies on a significant funder, which contributes $3.9M, indicating a potential dependency on this source for its financial sustainability.

Mission Statement

THE MISSION OF THE MORNING SUN DEVELOPMENT CORP IS TO SUPPORT INITIATIVES THAT HELP DEVELOP, MAINTAIN, AND PROMOTE THE COMMUNITY OF MORNING SUN, IOWA AS AN ATTRACTIVE PLACE TO LIVE, WORK AND DO BUSINESS.
Revenues
$29K
Expenses
$55.8K
Net Income:
-$26.9K
Assets
$766.8K
Liabilities
$0
Net Assets:
+$766.8K
Operating Budget
$55.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$5.7K
Largest grant received
$5.7K
M
Mary Zoeckler
Board Member
S
Sue Bryant
Board Member
C
Connie Malone
Board Member

Frequently Asked Questions

What is MORNING SUN DEVELOPMENT CORP’s budget?
In 2024, MORNING SUN DEVELOPMENT CORP reported an annual operating budget of around $56 thousand. More detailed financial information is available to registered users.
What causes does MORNING SUN DEVELOPMENT CORP support?
MORNING SUN DEVELOPMENT CORP supports work in Community and economic development.
Where does MORNING SUN DEVELOPMENT CORP operate?
MORNING SUN DEVELOPMENT CORP is headquartered in MORNING SUN, IA.
Who funded MORNING SUN DEVELOPMENT CORP recently?
In 2024, MORNING SUN DEVELOPMENT CORP received grants from COMMUNITY FOUNDATION OF GREATER MUSCATINE and COMMUNITY FOUNDATION OF GREATER MUSCATINE. More information on this organization’s funders is available to registered users.
What is the largest grant MORNING SUN DEVELOPMENT CORP received in 2024?
The largest grant to MORNING SUN DEVELOPMENT CORP in 2024 exceeds $5,700.