Waterloo Development Corporation
Donations deductibleWaterloo Development Corporation's network
10 people9 organisationsi10 people and 9 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (10) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Daniel Watters | President | 2018 | 8 yrs |
| Eric Johnson | Company secretary | 2023 | 3 yrs |
| Fabio Castro | Treasurer | 2024 | 2 yrs |
| James Miller (also filed as Jim Miller) | Director | 2022 | 4 yrs |
| Kristin Schaefer | Director | 2023 | 3 yrs |
| Rebecca Guinn | Director (Thru 10/24) | 2021 | 5 yrs |
| Robert Greenwood | Director | 2018 | 8 yrs |
| Robert Petersen | Vice President | 2018 | 8 yrs |
| TIM Hurley | Director | 2018 | 8 yrs |
| Troy Smith | Director | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Daniel Watters | President | 1 | $0 | ||
| Robert Petersen | Vice President | 5 | $0 | ||
| Fabio Castro | Treasurer | 1 | $0 | ||
| Eric Johnson | Secretary | 5 | $0 | ||
| Robert Greenwood | Director | 1 | $0 | ||
| Rebecca Guinn | Director (Thru 10/24) | 1 | $0 | ||
| Tim Hurley | Director | 1 | $0 | ||
| James Miller | Director | 10 | $0 | ||
| Kristin Schaefer | Director | 1 | $0 | ||
| Troy Smith | Director | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Waterloo Development Corporation
- EIN
- 421505470
- Address
- 360 Westfield Ave Ste 300, Waterloo, IA, 50701-1326
- State
- Iowa
- Mission
- Economic development (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 6 (IRS master file code)
- Formed
- 2000
- Principal officer
- Robert W Petersen (as named on the Form 990)
- IRS ruling date
- 1 September 2000
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsDaniel Watters
≥8years on the filingsRobert Greenwood
≥8years on the filingsRobert Petersen
≥8years on the filingsTIM Hurley
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $2.6m
- Total liabilities
- $22k
- Net assets or fund balances
- $2.6m
- Contributions and grants received
- $1.7m
- Program service revenue
- $0
- Grants and similar paid out
- $20k
- Employees
- 0
- Volunteers
- 9
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $1.7m | $347k | $1.4m |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| City of Waterloo | To pay for sportsplex canopy repainting | $20k |
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Waterloo Development Corporation likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Iowa Secretary of State, active business entities (data.iowa.gov ez5t-3qay). Licence: CC BY 4.0. Attribution: Iowa Secretary of State. Data last fetched 18 October 2026.
- State
- Iowa
- Entity type
- Revised Domestic Non-Profit
- Status
- Active
- Formed
- 15 May 2000
- Registered agent
- James W Miller (city and state not held)