2023-11-15T10:31:40-06:00 2023-06-30 411431613 BERGANKDV LTD PO BOX 2100 WATERLOO IA 507042100 990 2022-07-01 814968896 ARENACO AREN 3192481700 900 1ST AVENUE CORALVILLE IA 52241 JOSH SCHAMBERGER PRESIDENT 3192481700 2023-11-14 1 JOSH SCHAMBERGER 999009999 0 BRIAN ARONSON CPA P01425251 3192346885 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSH SCHAMBERGER 900 1ST AVENUE CORALVILLE IA 52241 3989916 0 X WWW.XTREAMARENA.COM X 2017 IA TO OWN AND OPERATE ENTERTAINMENT FACILITIES. 7 7 0 7 0 0 2199694 987907 2033841 2990142 496 11867 0 0 4234031 3989916 0 0 0 0 0 0 0 0 0 8534385 6172756 8534385 6172756 -4300354 -2182840 69116160 67033766 30188585 44643543 38927575 22390223 X TO SUPPORT AND OPERATE FOR THE BENEFIT OF THE CITY OF CORALVILLE, IOWA; TO LESSEN THE BURDENS IMPOSED UPON THE GOVERNMENTS OF THE CITY OF CORALVILLE THROUGH THE CORPORATION'S PROGRAMS AND ACTIVITIES; TO PROMOTE ECONOMIC DEVELOPMENT AND GROWTH WITHIN THE CITY OF CORALVILLE; AND TO PROMOTE THE SOCIAL WELFARE OF THE RESIDENTS OF THE CITY OF CORALVILLE 0 0 6016415 2990142 OPERATION OF THE XTREAMARENA POWERED BY MEDIACOM, GREENSTATE FAMILY FIELDHOUSE AND THE RINK AT CORAL RIDGE. THE 5,100 FIXED SEAT XTREAM ARENA (6,600 CONCERT CAPACITY) SERVES AS HOST HOME FOR UNIVERSITY OF IOWA VOLLEYBALL AND THE IOWA HEARTLANDERS ECHL HOCKEY TENANT. THE 30,000 SQ. FT 5-COURT FIELDHOUSE ENABLES THIS COMMUNITY TO BECOME A SIGNATURE ATTRACTOR OF BOTH AMATEUR AND PROFESSIONAL SPORTING EVENTS. SINCE 1998, THE RINK AT CORAL RIDGE HAS GIVEN GUESTS OF ALL AGES THE CHANCE TO EXPERIENCE A VARIETY OF ON-ICE ACTIVITIES. OVER 100 EVENTS WERE HELD AT THE ARENA AND FIELDHOUSE DURING THE YEAR FOR COMBINED USAGE OF OVER 180 DAYS. THE ICE RINK IS OPEN DAILY FOR PUBLIC SKATING ADMISSIONS. 6016415 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X THE ORGANIZATION 3192481700 900 1ST AVENUE CORALVILLE IA 52241 X JOSH SCHAMBERGER PRESIDENT 10.00 X X 0 0 0 THERESA KAEDING VICE PRESIDENT 10.00 X X 0 0 0 LAURIE GOODRICH TREASURER 0.25 X X 0 0 0 JOHN WEIHE SECRETARY 0.25 X X 0 0 0 KELLY HAYWORTH DIRECTOR 0.25 X 0 0 0 SARAH MCLAUGHLIN DIRECTOR 0.25 X 0 0 0 BOB DVORSKY DIRECTOR 0.25 X 0 0 0 0 0 0 0 0 0 0 0 320907 667000 987907 ARENA AND ICE RINK 713990 2357520 2357520 IRL RENTAL 713990 632622 632622 2990142 3380 3380 8487 0 8487 8487 8487 3989916 2990142 0 11867 156024 156024 205267 205267 1273 1273 317 317 67801 67801 330479 330479 2562293 2562293 103652 103652 ARENA AND ICE RINK OPER 2726713 2726713 BUILDINGS AND GROUND MA 18937 18937 6172756 6016415 156341 0 2553086 676788 73267419 6910441 66563074 66356978 69116160 67033766 1921042 28267543 44643543 30188585 44643543 X 38927575 22390223 38927575 22390223 69116160 67033766 X -2182840 -14278710 -75802 X X 0 1 X 1 0 X 24161086 554050 14974606 2199694 987907 42877343 1222495 2033841 2990142 6246478 24161086 554050 16197101 4233535 3978049 49123821 515000 540000 655500 1710500 0 515000 540000 655500 1710500 47413321 2512 496 3380 6388 2512 496 3380 6388 24161086 554050 16199613 4234031 3981429 49130209 0.96510 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73267419 6910441 66356978 66356978 3914114 -75802 -75802 3989916 0 3989916 6172756 0 6172756 0 6172756 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD PRESIDENT AND VICE PRESIDENT REVIEW THE 990 BEFORE FILING. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: REIMBURSE IEDA OVERPAYMENT IN PRIOR PERIOD -75,802. FORM 990, PART XII, LINE 1: THE ORGANIZATION HAS CONSISTENTLY FOLLOWED THE MODIFIED CASH BASIS OF ACCOUNTING, HOWEVER, THE ACCRUAL BASIS OF ACCOUNTING WAS INADVERTANTLY CHECKED ON THE PREVIOUSLY SUBMITTED 990'S. PART XI, LINE 8 THE 2021 FORM 990 WAS FILED PRIOR TO THE COMPLETION OF THE ORGANIZATION'S FINANCIAL STATEMENT AUDIT WHICH RESULTED IN ADJUSTMENTS TOTALING $14,278,710.