Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
990 • Fiscal year 2023 • EIN 20-1390956
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Liabilities / Revenue
67th percentile
Higher debt load relative to revenue than 67% of similar nonprofits.
Net Margin
47th percentile
Higher net margin than 47% of similar nonprofits.
Top Officer Pay
88th percentile
Higher top officer pay than 88% of similar nonprofits.
Top officer pay equals 0.1% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
38th percentile
Faster revenue growth than 38% of similar nonprofits.
Assets
Up$423,645
Up $821 (+0.2%) from 2022
Net Assets
Up$413,975
Up $7,861 (+1.9%) from 2022
Liabilities
Down$9,670
Down $7,040 (-42%) from 2022
Revenue
Down$428,140
Down $14,902 (-3.4%) from 2022
Expenses
Up$420,279
Up $3,533 (+0.8%) from 2022
Net Income
Down$7,861
Down $18,435 (-70%) from 2022
The lake agassiz certified development company (lacdc) is a non-profit corporation whose mission is to assist in maintaining and enhancing the economic viability of communities throughout north dakota. In this capacity, lacdc provides financial resources and technical assistance, through federal, state, and local partnerships, to the state's small business enterprises.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $399,168 | $381,814 | ▼ $17,354 |
| Accounts Receivable | $22,906 | $29,506 | ▲ $6,600 |
| Prepaid Expenses and Deferred Charges | $750 | $2,475 | ▲ $1,725 |
| Total Assets | $422,824 | $423,645 | ▲ $821 |
| Other Assets Total | $0 | $9,850 | ▲ $9,850 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $6,610 | $8,375 | ▲ $1,765 |
| Other Liabilities | $10,100 | $1,295 | ▼ $8,805 |
| Total Liabilities | $16,710 | $9,670 | ▼ $7,040 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $406,114 | $413,975 | ▲ $7,861 |
| Total Net Assets Fund Balance | $406,114 | $413,975 | ▲ $7,861 |
| Total Liabilities and Net Assets / Fund Balance | $422,824 | $423,645 | ▲ $821 |
| Name | Title | Base | Total |
|---|---|---|---|
| Scott Schultz | Director | $600 | $600 |
| Jake Klobuchar Started March 2023 | Director | $575 | $575 |
| Leroy Adams | Treasurer | $550 | $550 |
| Dan Delahoyde | Secretary | $475 | $475 |
| Justin Neppl | Director | $450 | $450 |
| Mike Bannach | President | $375 | $375 |
| Michael Gust | Vice President | $275 | $275 |
| Kelsey Smith | Director | $225 | $225 |
| Rick Steckler | Director | $225 | $225 |
| Name | Title |
|---|---|
| Amber Metz | Executive Director |
| Don Litch | Chief Financial Officer |
| Line Item | Amount |
|---|---|
| Other Expenses | $402,679 |
| Grants and Similar Amounts Paid | $13,850 |
| Salaries, Compensation, and Employee Benefits | $3,750 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Office Expenses | - | $22,218 | - | $22,218 |
| Travel | $19,902 | - | - | $19,902 |
| Advertising | $15,000 | - | - | $15,000 |
| Grants to Domestic Orgs | $13,850 | - | - | $13,850 |
| Insurance | - | $12,017 | - | $12,017 |
| Fees for Services Accounting | - | $10,800 | - | $10,800 |
| Current Officers, Directors, Trustees, and Key Employees | - | $3,750 | - | $3,750 |
| Other Expenses | $90 | $6,226 | - | $90 |
| Total Functional Expenses | $306,165 | $114,114 | $0 | $420,279 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $420,279 |
| Total Expenses per Audited Statements | $420,279 |
| Total Expenses per Form 990 | $420,279 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Lake Agassiz Regional Council | Fargo, ND | 501(c)(4) | Economic Development | $13,850 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Lake Agassiz Regional Development Corporation | $1,295 |
“990 is reviewed and approved alongside the audited financial statements.”
“Board members are required to disclose any conflicts of interest and this has been enforced by the executive director. They each sign a conlifct of interest policy.”
“AVAILABLE UPON REQUEST.”
“It is the opinion of management that lacdc has no significant uncertain tax positions that would be subject to change upon examination. The income tax returns of lacdc are subject to examination by the irs and state tax authorities, generally for three years after they were filed. All required tax filings are current.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 6610 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 8375 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 22906 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 29506 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE LAKE AGASSIZ CERTIFIED DEVELOPMENT COMPANY (LACDC) IS A NON-PROFIT CORPORATION WHOSE MISSION IS TO ASSIST IN MAINTAINING AND ENHANCING THE ECONOMIC VIABILITY OF COMMUNITIES THROUGHOUT NORTH DAKOTA. IN THIS CAPACITY, LACDC PROVIDES FINANCIAL RESOURCES AND TECHNICAL ASSISTANCE, THROUGH FEDERAL, STATE, AND LOCAL PARTNERSHIPS, TO THE STATE'S SMALL BUSINESS ENTERPRISES. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 15000 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 15000 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MANAGEMENT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7012351197 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 417 MAIN AVENUE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FARGO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 58103 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 3750 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 3750 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 13850 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 402679 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 428140 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 7861 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 3750 |
| IRS990/CYTotalExpensesAmt | 0 | 420279 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 428140 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE LAKE AGASSIZ CERTIFIED DEVELOPMENT COMPANY (LACDC) IS A NON-PROFIT CORPORATION WHOSE MISSION IS TO ASSIST IN MAINTAINING AND ENHANCING THE ECONOMIC VIABILITY OF COMMUNITIES THROUGHOUT NORTH DAKOTA. IN THIS CAPACITY, LACDC PROVIDES FINANCIAL RESOURCES AND TECHNICAL ASSISTANCE, THROUGH FEDERAL, STATE, AND LOCAL PARTNERSHIPS, TO THE STATE'S SMALL BUSINESS ENTERPRISES. DURING 2023 THERE WERE 8 NEW LOANS FUNDED AND 89 TOTAL LOANS OUTSTANDING. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 306165 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 10800 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 10800 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.60 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 3.60 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MIKE BANNACH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAN DELAHOYDE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | LEROY ADAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MICHAEL GUST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | SCOTT SCHULTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JUSTIN NEPPL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | RICK STECKLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KELSEY SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JAKE KLOBUCHAR STARTED MARCH 2023 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DON LITCH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | AMBER METZ |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 375 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 475 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 550 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 275 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 600 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 450 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 225 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 225 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 575 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | EXECUTIVE DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2004 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantAmt | 0 | 13850 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 13850 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 13850 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 428140 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 12017 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 12017 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | ND |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE LAKE AGASSIZ CERTIFIED DEVELOPMENT COMPANY (LACDC) IS A NON-PROFIT CORPORATION WHOSE MISSION IS TO ASSIST IN MAINTAINING AND ENHANCING THE ECONOMIC VIABILITY OF COMMUNITIES THROUGHOUT NORTH DAKOTA. IN THIS CAPACITY, LACDC PROVIDES FINANCIAL RESOURCES AND TECHNICAL ASSISTANCE, THROUGH FEDERAL, STATE, AND LOCAL PARTNERSHIPS, TO THE STATE'S SMALL BUSINESS ENTERPRISES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 406114 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 413975 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 406114 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 413975 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 22218 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 22218 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 0 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 9850 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACTUAL EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 1 | CLOSING EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND MEMBERSHIPS |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS EXPENSES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 59103 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 6226 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 231411 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 25912 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 90 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 290514 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 25912 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 6226 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 90 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 10100 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 1295 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 750 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2475 |
| IRS990/PrincipalOfficerNm | 0 | DONALD LITCH |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 541610 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 518210 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SERVICING FEE INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | PROCESSING INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 280794 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 147346 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 280794 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 147346 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 21850 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 391046 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 443042 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 26296 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 3850 |
| IRS990/PYTotalExpensesAmt | 0 | 416746 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 443042 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 7861 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 428140 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 399168 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 381814 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 420279 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1295 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO LAKE AGASSIZ REGIONAL DEVELOPMENT CORPORATION |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 428140 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | IT IS THE OPINION OF MANAGEMENT THAT LACDC HAS NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD BE SUBJECT TO CHANGE UPON EXAMINATION. THE INCOME TAX RETURNS OF LACDC ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ALL REQUIRED TAX FILINGS ARE CURRENT. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART X, LINE 2: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 420279 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 1295 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 428140 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 428140 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 420279 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 13850 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(4) |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | ECONOMIC DEVELOPMENT |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | LAKE AGASSIZ REGIONAL COUNCIL |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 450318258 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 417 MAIN AVENUE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | FARGO |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 58103 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 990 IS REVIEWED AND APPROVED ALONGSIDE THE AUDITED FINANCIAL STATEMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST AND THIS HAS BEEN ENFORCED BY THE EXECUTIVE DIRECTOR. THEY EACH SIGN A CONLIFCT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 422824 |
| IRS990/TotalAssetsEOYAmt | 0 | 423645 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 422824 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 423645 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 114114 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 306165 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 420279 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 16710 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 9670 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 16710 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 9670 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 406114 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 413975 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 306165 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 428140 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 3750 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 428140 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 428140 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 422824 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 423645 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 19902 |
| IRS990/TravelGrp/TotalAmt | 0 | 19902 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 417 MAIN AVENUE |
| IRS990/USAddress/CityNm | 0 | FARGO |
| IRS990/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/USAddress/ZIPCd | 0 | 58103 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LAKEAGASSIZCDC.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DONALD LITCH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CFO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7012351197 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-04-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAKE AGASSIZ CERTIFIED DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | COMPANY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAKE |
| ReturnHeader/Filer/EIN | 0 | 201390956 |
| ReturnHeader/Filer/PhoneNum | 0 | 7012351197 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 417 MAIN AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | FARGO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 58103 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 450310328 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BRADY MARTZ & ASSOCIATES PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2537 S UNIVERSITY DRIVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | FARGO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 58103 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7012802100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2024-04-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEREMY ULMER CPA |
| ReturnHeader/ReturnTs | 0 | 2024-05-07T11:29:48-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | DONALD |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | LITCH |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.