Civic Intelligence

Hancock Cty Economic Dev Corp

990EZ • Fiscal year 2013 • EIN 20-2714626

Jan 01, 2013 to Dec 31, 2013 • Filed on May 08, 2014

Organization ProfileN/A
650 W 3rd St50438

(641) 923-9921

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.08x

Higher debt load relative to assets than 70% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

74th percentile

0.07x

Higher debt load relative to revenue than 74% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

71st percentile

11%

Higher net margin than 71% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

60th percentile

8.1%

Faster asset growth than 60% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

76th percentile

18%

Faster revenue growth than 76% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$74,098

Up $5,542 (+8.1%) from 2012

Net Assets

Up

$68,461

Up $9,072 (+15%) from 2012

Liabilities

Down

$5,637

Down $3,530 (-39%) from 2012

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin71st percentile

Revenue

Up

$82,623

Up $12,433 (+18%) from 2012

Expenses

Up

$73,551

Up $3,640 (+5.2%) from 2012

Net Income

Up

$9,072

Up $8,793 (+3152%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $59,110Liabilities 2011: $02011Assets 2012: $68,556Liabilities 2012: $9,167Net Assets 2012: $59,3892012Assets 2013: $74,098Liabilities 2013: $5,637Net Assets 2013: $68,4612013Assets 2014: $78,962Liabilities 2014: $4,452Net Assets 2014: $74,5102014Assets 2015: $74,544Liabilities 2015: $2,784Net Assets 2015: $71,7602015Assets 2016: $78,123Liabilities 2016: $2,366Net Assets 2016: $75,7572016Assets 2017: $78,861Liabilities 2017: $763Net Assets 2017: $78,0982017Assets 2018: $80,449Liabilities 2018: $197Net Assets 2018: $80,2522018Assets 2019: $89,750Liabilities 2019: $6,035Net Assets 2019: $83,7152019Assets 2020: $96,319Liabilities 2020: $3,188Net Assets 2020: $93,1312020Assets 2021: $123,096Liabilities 2021: $2,661Net Assets 2021: $120,4352021Assets 2022: $118,324Liabilities 2022: $0Net Assets 2022: $118,3242022Assets 2023: $110,684Liabilities 2023: $0Net Assets 2023: $110,6842023Assets 2024: $87,694Liabilities 2024: $0Net Assets 2024: $87,6942024

Highlighted filing

2013

Assets$74,098
Liabilities$5,637
Net Assets$68,461
Open 2013 Filing

Operations Trend

Revenue Growth76th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2011: $45,178Expenses 2011: $38,789Net Income 2011: $6,3892011Revenue 2012: $70,190Expenses 2012: $69,911Net Income 2012: $2792012Revenue 2013: $82,623Expenses 2013: $73,551Net Income 2013: $9,0722013Revenue 2014: $85,665Expenses 2014: $79,616Net Income 2014: $6,0492014Revenue 2015: $89,259Expenses 2015: $92,009Net Income 2015: -$2,7502015Revenue 2016: $102,639Expenses 2016: $98,642Net Income 2016: $3,9972016Revenue 2017: $98,889Expenses 2017: $96,548Net Income 2017: $2,3412017Revenue 2018: $139,721Expenses 2018: $137,567Net Income 2018: $2,1542018Revenue 2019: $146,462Expenses 2019: $142,999Net Income 2019: $3,4632019Revenue 2020: $128,821Expenses 2020: $118,351Net Income 2020: $10,4702020Revenue 2021: $194,982Expenses 2021: $167,678Net Income 2021: $27,3042021Revenue 2022: $139,049Expenses 2022: $141,160Net Income 2022: -$2,1112022Revenue 2023: $146,073Expenses 2023: $153,713Net Income 2023: -$7,6402023Revenue 2024: $149,866Expenses 2024: $172,856Net Income 2024: -$22,9902024

Highlighted filing

2013

Revenue$82,623
Expenses$73,551
Net Income$9,072
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 8, 2014
Return Version
2013v3.1
Gross Receipts
$82,623
Mission and Program Overview

Mission

To foster and encourage economic development for hancock county by providing organizational and developmental services to businesses and potential new businesses in the county.

Program Services

DescriptionGrantsExpenses
TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR HANCOCK COUNTY BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE COUNTY.--
TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR HANCOCK COUNTY BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE COUNTY.--
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JERRY TLACHPresident-$0--
JAY GOURLEYVice Preside-$0--
DAVID BACKUSTreasurer-$0--
RANDY LANSINGSecretary-$0--
Filing and Contact Details

Filer

EIN
20-2714626
Phone
6419239921

Signing Officer

Name
Jerry Tlach
Title
President
Phone
6419239921
Signed
2014-05-08
Discuss with paid preparer
Yes

Preparer

Preparer
Danielle N Prather CPA
Phone
6419232091
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Other 17,135 misc 4,900 total 22,035”

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 4,543 office 2,123 travel 2,909 conferences/meetings 2,337 insurance 1,388 telephone 718 memberships & dues 2,843 total 16,861”

Form 990-ez, Part II, Line 24

“Note receivable-revolving loan fund 694 0 total 694 0”

Form 990-ez, Part II, Line 26

“Deferred revenue 5,800 3,798 payroll liabilities 3,367 1,839”

Form 990-ez, Part III

“To foster and encourage economic development for hancock county by providing organizational and developmental services to businesses and potential new businesses in the county.”

Form 990-ez, Part III, Line 28

“To foster and encourage economic development for hancock county by providing organizational and developmental services to businesses and potential new businesses in the county.”

Form 990-ez, Part III, Line 31

“To foster and encourage economic development for hancock county by providing organizational and developmental services to businesses and potential new businesses in the county.”

Raw XML Appendix123 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0JERRY TLACH
CompensationExplanation/CompensationExplanationGrp/PersonNm1JAY GOURLEY
CompensationExplanation/CompensationExplanationGrp/PersonNm2DAVID BACKUS
CompensationExplanation/CompensationExplanationGrp/PersonNm3RANDY LANSING
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ED BERG
IRS990EZ/BooksInCareOfDetail/PhoneNum06419239921
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10650 W 3RD ST
IRS990EZ/BooksInCareOfDetail/USAddress/City0GARNER
IRS990EZ/BooksInCareOfDetail/USAddress/State0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode050438
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt067862
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt074098
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt060583
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09072
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01453
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt068556
IRS990EZ/Form990TotalAssetsGrp/EOYAmt074098
IRS990EZ/GrossReceiptsAmt082623
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt059389
IRS990EZ/NetAssetsOrFundBalancesEOYAmt068461
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt059389
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt068461
IRS990EZ/OccupancyRentUtltsAndMaintAmt04900
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JERRY TLACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JAY GOURLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID BACKUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RANDY LANSING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0694
IRS990EZ/OtherExpensesTotalAmt016861
IRS990EZ/OtherRevenueTotalAmt022035
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR HANCOCK COUNTY BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR HANCOCK COUNTY BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR HANCOCK COUNTY BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE COUNTY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt050337
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt09167
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05637
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073551
IRS990EZ/TotalRevenueAmt082623
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER 17,135 MISC 4,900 TOTAL 22,035
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING AND PROMOTION 4,543 OFFICE 2,123 TRAVEL 2,909 CONFERENCES/MEETINGS 2,337 INSURANCE 1,388 TELEPHONE 718 MEMBERSHIPS & DUES 2,843 TOTAL 16,861
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOTE RECEIVABLE-REVOLVING LOAN FUND 694 0 TOTAL 694 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEFERRED REVENUE 5,800 3,798 PAYROLL LIABILITIES 3,367 1,839
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR HANCOCK COUNTY BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR HANCOCK COUNTY BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TO FOSTER AND ENCOURAGE ECONOMIC DEVELOPMENT FOR HANCOCK COUNTY BY PROVIDING ORGANIZATIONAL AND DEVELOPMENTAL SERVICES TO BUSINESSES AND POTENTIAL NEW BUSINESSES IN THE COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JERRY TLACH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06419239921
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine10HANCOCK CTY ECONOMIC DEV CORP
ReturnHeader/Filer/BusinessNameControlTxt0HANC
ReturnHeader/Filer/EIN0202714626
ReturnHeader/Filer/PhoneNum06419239921
ReturnHeader/Filer/USAddress/AddressLine10650 W 3RD ST
ReturnHeader/Filer/USAddress/City0GARNER
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode050438
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10DK ARNDT PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10135 COTTONWOOD DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0GARNER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0504381207
ReturnHeader/PreparerPersonGrp/PhoneNum06419232091
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIELLE N PRATHER CPA
ReturnHeader/ReturnTs02014-05-13T07:32:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74,098
Liabilities
$5,637
Net assets
$68,461
Revenue
$82,623
Expenses
$73,551
Net income
$9,072
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.00$0.88$1.50$1.73$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.11$1.46$1.54$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$1.39$1.41$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.03$1.20$1.95$1.68$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.03$0.93$1.29$1.18$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.06$0.84$1.46$1.43$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.00$0.80$1.40$1.38$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.01$0.78$0.99$0.97$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.02$0.76$1.03$0.99$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.03$0.72$0.89$0.92$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.79$0.04$0.75$0.86$0.80$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.74$0.06$0.68$0.83$0.74$0.09
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.09$0.59$0.70$0.70$0.00
2011Summary only. Only limited summary data is available for this year.$0.59$0.00$0.45$0.39$0.06