Civic Intelligence

Willmar Downtown Development Inc

990EZ • Fiscal year 2016 • EIN 20-3171950

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 10, 2017

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

36th percentile

-4.6%

Faster asset growth than 36% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-33%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$56,199

Down $2,734 (-4.6%) from 2015

Net Assets

Down

$56,199

Down $1,740 (-3.0%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$75,428

Down $36,472 (-33%) from 2015

Expenses

Up

$61,340

Up $3,597 (+6.2%) from 2015

Net Income

Down

$14,088

Down $40,069 (-74%) from 2015

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

2016

Assets$56,199
Liabilities-
Net Assets$56,199

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

2016

Revenue$75,428
Expenses$61,340
Net Income$14,088
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 10, 2017
Return Version
2016v3.0
Gross Receipts
$78,288
Mission and Program Overview

Mission

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

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

Program Services

DescriptionGrantsExpenses
IMPROVED THE ECONOMIC, SOCIAL AND COMMUNITY FABRIC OF DOWNTOWN WILLMAR, MN.$61,340-
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
2017-10-10
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Other Expenses.1001

Advertising and Promotion $2885

Other Expenses.1002

Office Expenses $69

Other Expenses.1012

Insurance $1551

Other Expenses.1

HOLIDAZE EXPENSE $7120

Other Expenses.2

Grant writing expense $1813

Other Expenses.3

MEMBERSHIP $675

Other Expenses.4

Bank service charges $570

Other Expenses.5

MEETINGS $482

Other Assets.1009

Notes and Loans Receivable - Beginning $43105 Notes and Loans Receivable - Ending $47297

Total Liabilities.1

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

Raw XML Appendix196 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/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/TitleTxt0Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Liaison
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2885
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $69
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $1551
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOLIDAZE EXPENSE $7120
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GRANT WRITING EXPENSE $1813
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEMBERSHIP $675
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK SERVICE CHARGES $570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MEETINGS $482
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Notes and Loans Receivable - Beginning $43105 Notes and Loans Receivable - Ending $47297
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CHECKS DRAWN IN EXCESS OF CASH BALANCES - Beginning $994 CHECKS DRAWN IN EXCESS OF CASH BALANCES - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN O CHRISTIANSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-10
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 PLLP
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/ReturnTs02017-10-10T07:57:05-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings