2023-10-31T10:43:25-04:00 2023-06-30 420991212 HOGAN - HANSEN PC 3128 BROCKWAY ROAD WATERLOO IA 507015103 990 2022-07-01 204965137 CEDAR VALLEY TECH WORKS INC CEDA 3192321156 360 WESTFIELD AVENUE SUITE 300-B WATERLOO IA 50701 CAROLYN DARRAH CEO 3192321156 2023-09-20 true CAROLYN DARRAH 888008888 true STEVEN K DUGGAN CPA P00424293 3192335225 2023-09-21 2022 2023-04-26 12:10:37Z CAROLYN DARRAH 360 WESTFIELD AVENUE SUITE 200 WATERLOO IA 50701 1711851 false X WWW.CEDARVALLEYTECHWORKS.COM X 2006 IA CEDAR VALLEY TECHWORKS BRINGS TOGETHER LEADERS IN THE FIELD OF BIOTECHNOLOGY, SERVING AS A CENTER OF ACTIVITY FOR RESEARCHERS, FARMERS, INVESTORS AND BUSINESS OWNERS. 11 11 0 11 0 15 220948 286470 120 -4923933 47955 0 269023 -4637448 0 0 0 0 0 633568 651954 633568 651954 -364545 -5289402 13787558 7074138 1428598 4716 12358960 7069422 CEDAR VALLEY TECHWORKS BRINGS TOGETHER LEADERS IN THE FIELD OF BIOTECHNOLOGY, SERVING AS A CENTER OF ACTIVITY FOR RESEARCHERS, FARMERS, INVESTORS AND BUSINESS OWNERS. false false 303942 286470 TO OWN, REDEVELOP, OPERATE, AND MARKET LAND AND BUILDINGS, INCREASE INNOVATION, EMPLOYMENT, AND INVESTMENT IN BIO-AGRICULTURE, ADVANCED MANUFACTURING, AND INFORMATION TECHNOLOGIES AND OTHER INDUSTRIES, AND COOPERATE WITH OTHER ENTITIES TO ACCOMPLISH ECONOMIC DEVELOPMENT IN THE CEDAR VALLEY. 303942 true false false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false true false false false false false true false false false true 0 0 true 0 false false false false false false false false false false false false false false X 11 11 false true false false true true true true true false false true true true true true true true false false X X CAROLYN DARRAH 3192321156 360 WESTFIELD AVENUE SUITE 200 WATERLOO IA 50701 CAROLYN DARRAH CEO 0.50 40.00 X 0 187098 11487 DAVE DEAVER CHAIR 0.50 X 0 0 0 ANDREA DEVORE SECRETARY 0.50 X 0 0 0 DON TEMEYER TREASURER 0.50 X 0 0 0 DAVID DAVIS DIRECTOR 0.50 X 0 0 0 NOEL ANDERSON DIRECTOR 0.50 X 0 0 0 JOHN FRITCH DIRECTOR 0.50 X 0 0 0 MARK KITTRELL DIRECTOR 0.50 X 0 0 0 BOB PETERSEN DIRECTOR 0.50 X 0 0 0 RANDY PILKINGTON DIRECTOR 0.50 X 0 0 0 BRAD LEEPER DIRECTOR 0.50 X 0 0 0 AARON SAUERBREI DIRECTOR 0.50 X 0 0 0 187098 11487 false true false 15 15 RENT INCOME 900099 170030 170030 CAM REIMBURSEMENTS 900099 67133 67133 UTILITIES REIMBURSEMENT REVEN 900099 49307 49307 286470 366 366 1425000 6349299 -4924299 -4924299 -4924299 -4637448 -4637829 366 2999 2999 1500 1500 237453 237453 400 400 343513 343513 19330 19330 SHARED SERVICES EXPENSE 46039 46039 DUES AND SUBSCRIPTIONS 670 670 MISCELLANEOUS EXPENSE 50 50 651954 303942 348012 0 212141 111629 33855 113761 10413196 3564448 13541562 6848748 13787558 7074138 1425000 3598 4716 1428598 4716 X 12358960 7069422 12358960 7069422 13787558 7074138 -5289402 -136 X false false false X 339920 2500 15 342435 339920 2500 15 342435 342435 6616 6821 475 120 366 14398 356833 1309121 0.95970 0.94190 X 500000 500000 9907668 3562236 6345432 5528 2212 3316 6848748 (R) DUE TO AFFILIATE - GCVA 3353 SECURITY DEPOSITS 1363 4716 false false false false false false false false false CAROLYN DARRAH CEO 185514 1584 3180 8307 198585 BOB PETERSEN BOARD MEMBER ALSO A BOARD MEMBER false MAYOR QUENTIN HART NON-VOTING CITY OF WATERLOO false SCHEDULE L, PART V (A) NAME OF INTERESTED PERSON: BOB PETERSEN (D) DESCRIPTION OF TRANSACTION: ALSO A BOARD MEMBER OF GROW CEDAR VALLEY. (A) NAME OF INTERESTED PERSON: MAYOR QUENTIN HART (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: NON-VOTING BOARD MEMBER (A) NAME OF INTERESTED PERSON: CITY OF WATERLOO (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: QUENTIN HART IS A NON-VOTING BOARD MEMBER AND THE MAYOR OF THE CITY OF WATERLOO (D) DESCRIPTION OF TRANSACTION: THE ORGANIZATION HAD A GRANT PAYABLE TO THE CITY OF WATERLOO AS OF 06/30/2022, WHICH WAS PAID DURING THE CURRENT YEAR. FORM 990, PAGE 6, PART VI, LINE 3 CEDAR VALLEY TECH WORKS, INC. DOES NOT HAVE ANY EMPLOYEES. EMPLOYEES ARE PROVIDED BY GROW CEDAR VALLEY UNDER A MANAGEMENT AGREEMENT. FORM 990, PAGE 6, PART VI, LINE 6 GROW CEDAR VALLEY IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 7A THE SOLE MEMBER SHALL BE ENTITLED TO VOTE FOR THE ELECTION OF THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE MEMBERS AND SHALL BE ENTITLED TO VOTE ON ANY OTHER MATTER SUBMITTED TO THE VOTE OF THE MEMBERSHIP BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B GROW CEDAR VALLEY HAS THE RIGHT TO APPROVE BUDGETS, STRATEGIC PLANS, ANNUAL BUSINESS PLAN OR PLAN OF WORK FOR CEDAR VALLEY TECHWORKS, AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS OF CEDAR VALLEY TECHWORKS AND OTHER MANAGEMENT MATTERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS PROVIDED TO CEDAR VALLEY TECH WORKS, INC. BOARD FOR APPROVAL PRIOR TO BEING FILED TO THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS READ THE CONFLICT OF INTEREST POLICY ANNUALLY AND REPORT ANY NEW OR EXISTING RELATIONSHIPS THAT WOULD CAUSE THEM BE IN VIOLATION OF THE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A THE CEO AND PRESIDENT OF CEDAR VALLEY TECHWORKS, INC AND RELATED ORGANIZATION COMPENSATION ARE REVIEWED ANNUALLY BY TECH WORKS' BOARD OF DIRECTORS. THEN APPROVED BY GROW CEDAR VALLEY'S BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS AND OTHER POLICIES ARE AVAILABLE AT GROW CEDAR VALLEY'S OFFICE, A RELATED PARTY TO TECH WORKS, AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GROW CEDAR VALLEY 360 WESTFIELD AVENUE SUITE 200 WATERLOO IA 50701 421241941 PART VII IA 501C6 NA false false false false false false false false false false false false false false false false true false false false GROW CEDAR VALLEY P 46039 CASH SCHEDULE R PART II, LINE (1)(B) GROW CEDAR VALLEY WORKS TO INCREASE THE ECONOMIC VITALITY AND WEALTH IN WATERLOO/CEDAR FALLS AND THE SURROUNDING AREA.