Civic Intelligence

Willmar Downtown Development Inc

990EZ • Fiscal year 2015 • EIN 20-3171950

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

414 Becker Ave SWWillmar, MN 56201

(320) 235-5937

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.02x

Higher debt load relative to assets than 63% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

92nd percentile

48%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

99th percentile

1458%

Faster asset growth than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$58,933

Up $55,151 (+1458%) from 2014

Net Assets

$57,939

No earlier filing loaded for comparison.

Liabilities

Up

$994

Up $994 from 2014

Revenue

Down

$111,900

Down $18,856 (-14%) from 2014

Expenses

Down

$57,743

Down $81,526 (-59%) from 2014

Net Income

Up

$54,157

Up $62,670 (+736%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2010: $1,818Net Assets 2010: -$1,8182010Assets 2012: $0Liabilities 2012: $535Net Assets 2012: -$5352012Assets 2013: $12,295Net Assets 2013: $12,2952013Assets 2014: $3,782Liabilities 2014: $02014Assets 2015: $58,933Liabilities 2015: $994Net Assets 2015: $57,9392015Assets 2016: $56,199Net Assets 2016: $56,1992016Assets 2017: $104,461Liabilities 2017: $02017Assets 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$58,933
Liabilities$994
Net Assets$57,939

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2010: $95,602Expenses 2010: $93,702Net Income 2010: $1,9002010Revenue 2012: $74,708Expenses 2012: $65,729Net Income 2012: $8,9792012Revenue 2013: $114,007Expenses 2013: $101,177Net Income 2013: $12,8302013Revenue 2014: $130,756Expenses 2014: $139,269Net Income 2014: -$8,5132014Revenue 2015: $111,900Expenses 2015: $57,743Net Income 2015: $54,1572015Revenue 2016: $75,428Expenses 2016: $61,340Net Income 2016: $14,0882016Revenue 2017: $133,424Expenses 2017: $85,162Net Income 2017: $48,2622017Revenue 2018: $11,206Expenses 2018: $115,667Net Income 2018: -$104,4612018

Highlighted filing

2015

Revenue$111,900
Expenses$57,743
Net Income$54,157
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.0
Gross Receipts
$119,337
Mission and Program Overview

Mission

To improve the economic, social and community fabric of downtown willmar, minnesota

To imrove the economic, social and community fabric of downtown willmar, minnesota

Program Services

DescriptionGrantsExpenses
IMPROVED THE ECONOMIC, SOCIAL AND COMMUNITY FABRIC OF DOWNTOWN WILLMAR, MN.$57,743-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANA PALMQUISTVice President-$0--
CAROL LAUMERPresident-$0--
JOHN O CHRISTIANSONTreasurer-$0--
LAURA BORGERDINGDirector-$0--
ROBERTO VALDEZDirector-$0--
KELLY GARDNERDirector-$0--
DOUG REESELiaison-$0--
GARY GEIGERPast President-$0--
STEVE AHMANNLiaison-$0--
BRIAN BOLLIGLiaison-$0--
LANCE PETERSONDirector-$0--
DON WILLIAMSONDirector-$0--
DALE HUSTEDTDirector-$0--
WARREN HAGENSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Willmar Downtown Development Inc
EIN
20-3171950
Address
414 BECKER AVE SW, WILLMAR, MN 56201

Signing Officer

Name
John O Christianson
Title
Treasurer
Signed
2016-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Christianson & Associates PLLP CPAS
Address
302 5th Street SW, Willmar, MN 56201
Preparer
John O Christianson
Phone
3202355937
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $4807

Other Expenses.1007

Conferences, Conventions, and Meetings $906

Other Expenses.1012

Insurance $2766

Other Expenses.1

HOLIDAZE EXPENSE $6739

Other Expenses.2

MN HOUSING FUND $593

Other Expenses.3

Bank service charges $581

Other Expenses.4

Grant writing expense $361

Other Expenses.5

MEMBERSHIP $350

Other Expenses.6

MEETINGS $306

Other Assets.1009

Notes and Loans Receivable - Beginning $0 Notes and Loans Receivable - Ending $58933

Total Liabilities.1

CHECKS DRAWN IN EXCESS OF CASH BALANCES - Beginning $0 CHECKS DRAWN IN EXCESS OF CASH BALANCES - Ending $994

Raw XML Appendix195 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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILLMAR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JANA PALMQUIST
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LAURA BORGERDING
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7GARY GEIGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8STEVE AHMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9BRIAN BOLLIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10LANCE PETERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11DON WILLIAMSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12DALE HUSTEDT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Liaison
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9LIAISON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt058933
IRS990EZ/OtherExpensesTotalAmt017409
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0128971
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $4807
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $906
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $2766
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOLIDAZE EXPENSE $6739
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MN HOUSING FUND $593
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK SERVICE CHARGES $581
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GRANT WRITING EXPENSE $361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEMBERSHIP $350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8MEETINGS $306
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CHECKS DRAWN IN EXCESS OF CASH BALANCES - Beginning $0 CHECKS DRAWN IN EXCESS OF CASH BALANCES - Ending $994
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN O CHRISTIANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WILLMAR DOWNTOWN DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0WILL
ReturnHeader/Filer/EIN0203171950
ReturnHeader/Filer/USAddress/AddressLine1Txt0414 BECKER AVE SW
ReturnHeader/Filer/USAddress/CityNm0WILLMAR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Christianson & Associates PLLP CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0302 5th Street SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Willmar
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056201
ReturnHeader/PreparerPersonGrp/PhoneNum03202355937
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0John O Christianson
ReturnHeader/ReturnTs02016-11-10T15:05:24-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings