Civic Intelligence

Heartland Lakes Development Commission

990 • Fiscal year 2021 • EIN 20-4208381

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

Organization ProfileHEARTLANDLAKESDEVELOPMENT.ORG

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100 8th St EPark Rapids, MN 56470

(218) 732-9713

Siviq Scores

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

Liabilities / Assets

68th percentile

0.13x

Higher debt load relative to assets than 68% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.07x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

66th percentile

23%

Higher net margin than 66% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

76th percentile

$67,500

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

60th percentile

16%

Faster asset growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-64%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets68th percentile

Assets

Flat

$422,634

Flat from 2021

Net Assets

Flat

$368,818

Flat from 2021

Liabilities

Flat

$53,816

Flat from 2021

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin66th percentile

Revenue

Flat

$742,491

Flat from 2021

Expenses

Flat

$568,364

Flat from 2021

Net Income

Flat

$174,127

Flat from 2021

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $18,840Liabilities 2011: $12,1362011Assets 2012: $66,335Liabilities 2012: $28,625Net Assets 2012: $37,7102012Assets 2013: $44,742Liabilities 2013: $3,6752013Assets 2014: $46,690Liabilities 2014: $4,2042014Assets 2015: $50,107Liabilities 2015: $4,8062015Assets 2016: $59,104Liabilities 2016: $11,1662016Assets 2017: $58,552Liabilities 2017: $10,8232017Assets 2018: $58,877Liabilities 2018: $1062018Assets 2020: $363,518Liabilities 2020: $15,327Net Assets 2020: $348,1912020Assets 2021: $422,634Liabilities 2021: $53,816Net Assets 2021: $368,8182021Assets 2021: $422,634Liabilities 2021: $53,816Net Assets 2021: $368,8182021Assets 2022: $507,422Liabilities 2022: $110,270Net Assets 2022: $397,1522022Assets 2023: $3,070,645Liabilities 2023: $2,104,193Net Assets 2023: $966,4522023Assets 2024: $6,754,730Liabilities 2024: $5,653,384Net Assets 2024: $1,101,3462024

Highlighted filing

2021

Assets$422,634
Liabilities$53,816
Net Assets$368,818
Open 2021 Filing

Operations Trend

Revenue Growth4th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $134,055Expenses 2011: $131,174Net Income 2011: $2,8812011Revenue 2012: $259,597Expenses 2012: $228,588Net Income 2012: $31,0092012Revenue 2013: $129,000Expenses 2013: $125,643Net Income 2013: $3,3572013Revenue 2014: $132,500Expenses 2014: $131,307Net Income 2014: $1,1932014Revenue 2015: $144,630Expenses 2015: $141,815Net Income 2015: $2,8152015Revenue 2016: $157,015Expenses 2016: $154,378Net Income 2016: $2,6372016Revenue 2017: $149,212Expenses 2017: $149,421Net Income 2017: -$2092017Revenue 2018: $141,975Expenses 2018: $131,532Net Income 2018: $10,4432018Revenue 2020: $2,038,493Expenses 2020: $1,939,901Net Income 2020: $98,5922020Revenue 2021: $742,491Expenses 2021: $568,364Net Income 2021: $174,1272021Revenue 2021: $742,491Expenses 2021: $568,364Net Income 2021: $174,1272021Revenue 2022: $379,772Expenses 2022: $351,438Net Income 2022: $28,3342022Revenue 2023: $922,283Expenses 2023: $588,572Net Income 2023: $333,7112023Revenue 2024: $887,618Expenses 2024: $752,724Net Income 2024: $134,8942024

Highlighted filing

2021

Revenue$742,491
Expenses$568,364
Net Income$174,127
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.2
Gross Receipts
$742,491
Mission and Program Overview

Mission

Countywide economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$180,180$223,292▲ $43,112
Land, Buildings, and Equipment, Net$594$121,997▲ $121,403
Savings and Temporary Cash Investments$118,039--
Accounts Receivable$64,083$62,500▼ $1,583
Prepaid Expenses and Deferred Charges$622$2,011▲ $1,389
Total Assets$363,518$422,634▲ $59,116
Other Assets Total-$12,834-
Liabilities
Accounts Payable and Accrued Expenses$5,327$22,839▲ $17,512
Unsecured Notes Loans Payable-$18,600-
Other Liabilities-$12,377-
Deferred Revenue$10,000--
Total Liabilities$15,327$53,816▲ $38,489
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$203,191$368,818▲ $165,627
Net Assets With Donor Restrictions$145,000--
Total Net Assets Fund Balance$348,191$368,818▲ $20,627
Total Liabilities and Net Assets / Fund Balance$363,518$422,634▲ $59,116

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$72,139-$72,139
Equipment$16,939$16,333$33,272
Land$32,919-$32,919
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mary ThompsonExecutive DirectorPT$67,500$67,500

Board Members and Trustees

NameTitle
Tom ConwayChair
Charlene ChristensenVice Chair
Christine FoxDirector
David De La HuntDirector
Eric WolffDirector
Kathy HenryDirector
Angelica WeasnerEx Officio Member
Candy ChristensenEx Officio Member
Ryan LecknerSecretarytreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$705,279
Program Service Revenue
$36,943
Investment Income
$45
Other Revenue
$224
All Other Contributions
$161,095
Change in Net Assets
$174,127
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$417,934
Salaries, Compensation, and Employee Benefits$117,137
Other Expenses$33,293
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$417,934--$417,934
Current Officers, Directors, Trustees, and Key Employees-$67,500-$67,500
Other Salaries and Wages-$21,965-$21,965
Other Employee Benefits-$16,033-$16,033
Fees for Services Accounting-$9,328-$9,328
Payroll Taxes-$6,959-$6,959
Pension Plan Contributions-$4,680-$4,680
Fees for Services Legal$3,213--$3,213
Office Expenses$1,539$1,539-$3,078
Occupancy$1,067$1,066-$2,133
Fees for Services Other$2,069--$2,069
Insurance$1,752--$1,752
All Other Expenses$1,475--$1,475
Advertising$1,441--$1,441
Depreciation Depletion$914--$914
Other Expenses$627--$627
Information Technology$506--$506
Travel$464--$464
Total Functional Expenses$439,294$129,070$0$568,364
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Hsa Payable$7,162
Accrued Leave$5,185
Credit Card Payable$30
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“The 990 will be presented to the board for review and approval after it is filed.”

Conflict of interest policy compliance Part VI line 12C

“The organization has a written conflict of interest policy for directors, officers and employees. Directors, the principal officer and any members of committees with board delegated powers must review and sign the policy annually.”

CEO executive director top management comp Part VI line 15A

“The director is evaluated on an annual basis, and the board then determines compensation.”

Governing documents etc available to public Part VI line 19

“The organizations 990 and annual report (including financial statements) are available upon request. The 990 is also available on the guidestar website. The organizations governing documents and conflict of interest policy are not made public.”

Filing and Contact Details

Filer

Filer Name
Heartland Lakes Development Commiss
EIN
20-4208381
Address
100 8TH ST E, PARK RAPIDS, MN 56470

Signing Officer

Name
Mary Thompson
Title
Executive Direc
Phone
2187322256
Signed
2022-10-25
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Mn
Voting Board Members
7
Independent Board Members
7
Employees
2

Preparer

Firm
Haukebo Van Batavia Holte LLC
Address
PO Box 348, Park Rapids, MN 56470
Preparer
Seth Holte
Phone
2187325769
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Part xi, line 8 - 12/31/2020 audit adjustments”

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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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IRS990/Desc0DEVELOPED 56 UNITS OF WORKFORCE HOUSING USING $1.2 MILLION IN STATE GRANT FUNDING TO MAKE THE RENTS AFFORDABLE. PURCHASED A 20-ACRE PARCEL TO CREATE A SUBDIVISION FOR ADDITIONAL HOUSING OPPORTUNITIES. ASSISTED IN THE DISTRIBUTION OF OVER $1.8 MILLION IN FEDERAL FUNDING AND $417,000 IN STATE RESOURCES TO OVER 100 ORGANIZATIONS IMPACTED BY THE PANDEMIC. ASSISTED THE CITY OF PARK RAPIDS CREATE A LOAN FUND TO TARGET BUSINESSES SIGNIFICANTLY IMPACTED BY THE PANDEMIC. BEGAN ADMINISTRATION OF THE PARK RAPIDS RLF TO PROVIDE MORE VISIBILITY AND UTILIZATION OF THE RESOURCE. TWO NEW BUSINESSES HAVE RECEIVED FUNDING UNDER THE PROGRAM. BEGAN MANAGEMENT OF HUBBARD COUNTY HRA TO PROVIDE BETTER COORDINATION OF ECONOMIC DEVELOPMENT AND HOUSING NEEDS IN THE COUNTY. RECEIVED $75,000 IN FEDERAL FUNDING TO SUPPORT THE DEVELOPMENT OF THE HANGAR A COWORKING AND ENTREPRENEUR DEVELOPMENT SPACE IN PARK RAPIDS. RENOVATED A VACANT CITY OWNED BUILDING TO HOUSE HLDC OFFICES AND THE HANGAR TO PROVIDE EASIER ACCESS FOR BUSINESSES AND BETTER VISIBILITY. ASSISTED BEMIDJI STEEL ACCESS DEED FUNDING TO ALLOW THEM TO RELOCATE TO NORTHERN HUBBARD COUNTY TO A NEW 35,000 SQ FT FACILITY, ADDING $3 MILLION TO THE TAX BASE AND OVER 6 JOBS. RECEIVED FUNDING IN BOTH ROUND ONE AND TWO TO PROVIDE GRANTS TO BUSINESSES IN HUBBARD COUNTY TO RENOVATE EXISTING BUILDINGS, A TOTAL OF $450,000 IS AVAILABLE. TO DATE EIGHT BUSINESSES HAVE BEEN AWARDED FUNDING. RECEIVED $46,600 TO PROVIDE SCHOLARSHIPS TO EDUCATION AND TRAINING AND STARTUP GRANT FUNDING TO INDIVIDUALS INTERESTED IN PURSUING A CAREER IN CHILDCARE AND/OR STARTING A CHILDCARE BUSINESS. PROVIDED TECHNICAL ASSISTANCE TO OVER 90 INDIVIDUALS/ BUSINESSES TO DATE (2022) ON BUSINESS STARTUP, BUSINESS PLANNING, ACCESS TO CAPITAL, SITE LOCATION, TRAINING, AND WORKFORCE DEVELOPMENT. CO SPONSORED A CAREER EXPO SEEING 50 BUSINESSES PARTICIPATE WITH 450 ATTENDEES. CREATED A PARTNERSHIP WITH RURAL MN CEP TO PROVIDE OFFICE SPACE TO DEVELOP BETTER UTILIZATION OF CEP WORKERS TO FILL WORKFORCE SHORTAGES IN HUBBARD COUNTY.
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt012834
IRS990/OtherChangesInNetAssetsAmt0-153500
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt016033
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016033
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/Desc3WEBSITE
IRS990/OtherExpensesGrp/ProgramServicesAmt01847
IRS990/OtherExpensesGrp/ProgramServicesAmt12001
IRS990/OtherExpensesGrp/ProgramServicesAmt22445
IRS990/OtherExpensesGrp/ProgramServicesAmt3627
IRS990/OtherExpensesGrp/TotalAmt01847
IRS990/OtherExpensesGrp/TotalAmt12001
IRS990/OtherExpensesGrp/TotalAmt22445
IRS990/OtherExpensesGrp/TotalAmt3627
IRS990/OtherLiabilitiesGrp/EOYAmt012377
IRS990/OtherRevenueMiscGrp/BusinessCd0541610
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0224
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0224
IRS990/OtherRevenueTotalAmt0224
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt021965
IRS990/OtherSalariesAndWagesGrp/TotalAmt021965
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06959
IRS990/PayrollTaxesGrp/TotalAmt06959
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04680
IRS990/PensionPlanContributionsGrp/TotalAmt04680
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0622
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02011
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/Desc0CONSULTING
IRS990/ProgramServiceRevenueGrp/Desc1LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11943
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11943
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02032609
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01852148
IRS990/PYInvestmentIncomeAmt0123
IRS990/PYOtherExpensesAmt077100
IRS990/PYOtherRevenueAmt05761
IRS990/PYRevenuesLessExpensesAmt098592
IRS990/PYSalariesCompEmpBnftPaidAmt010653
IRS990/PYTotalExpensesAmt01939901
IRS990/PYTotalRevenueAmt02038493
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0174127
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt037167
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0118039
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0705279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02038493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0147061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0141975
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0149212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03182020
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt045
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt037167
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98290
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt03127566
IRS990ScheduleA/SubstantialContributorsTotAmt054454
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0705279
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02038493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0147061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0141975
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0149212
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03182020
IRS990ScheduleA/TotalSupportAmt03182065
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt016939
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016333
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033272
IRS990ScheduleD/LandGrp/BookValueAmt032919
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032919
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt072139
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt072139
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07162
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15185
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt230
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HSA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED LEAVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CREDIT CARD PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0121997
IRS990ScheduleD/TotalLiabilityAmt012377
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WILL BE PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL AFTER IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY FOR DIRECTORS, OFFICERS AND EMPLOYEES. DIRECTORS, THE PRINCIPAL OFFICER AND ANY MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS MUST REVIEW AND SIGN THE POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DIRECTOR IS EVALUATED ON AN ANNUAL BASIS, AND THE BOARD THEN DETERMINES COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATIONS 990 AND ANNUAL REPORT (INCLUDING FINANCIAL STATEMENTS) ARE AVAILABLE UPON REQUEST. THE 990 IS ALSO AVAILABLE ON THE GUIDESTAR WEBSITE. THE ORGANIZATIONS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PART XI, LINE 8 - 12/31/2020 AUDIT ADJUSTMENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0363518
IRS990/TotalAssetsEOYAmt0422634
IRS990/TotalAssetsGrp/BOYAmt0363518
IRS990/TotalAssetsGrp/EOYAmt0422634
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0705279
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0129070
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0439294
IRS990/TotalFunctionalExpensesGrp/TotalAmt0568364
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015327
IRS990/TotalLiabilitiesEOYAmt053816
IRS990/TotalLiabilitiesGrp/BOYAmt015327
IRS990/TotalLiabilitiesGrp/EOYAmt053816
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0348191
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0368818
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0439294
IRS990/TotalProgramServiceRevenueAmt036943
IRS990/TotalReportableCompFromOrgAmt067500
IRS990/TotalRevenueGrp/ExclusionAmt045
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037167
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0742491
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0363518
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0422634
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0464
IRS990/TravelGrp/TotalAmt0464
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt018600
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HEARTLANDLAKESDEVELOPMENT.ORG
IRS990/WhistleblowerPolicyInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$422,634
Liabilities
$53,816
Net assets
$368,818
Revenue
$742,491
Expenses
$568,364
Net income
$174,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.75$5.65$1.10$0.89$0.75$0.13
2023Summary only. Only limited summary data is available for this year.$3.07$2.10$0.97$0.92$0.59$0.33
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.11$0.40$0.38$0.35$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.42$0.05$0.37$0.74$0.57$0.17
2021Summary only. Only limited summary data is available for this year.$0.42$0.05$0.37$0.74$0.57$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.02$0.35$2.04$1.94$0.10
2018Summary only. Only limited summary data is available for this year.$0.06$0.00$0.14$0.13$0.01
2017Summary only. Only limited summary data is available for this year.$0.06$0.01$0.15$0.15$0.00
2016Summary only. Only limited summary data is available for this year.$0.06$0.01$0.16$0.15$0.00
2015Summary only. Only limited summary data is available for this year.$0.05$0.00$0.14$0.14$0.00
2014Summary only. Only limited summary data is available for this year.$0.05$0.00$0.13$0.13$0.00
2013Summary only. Only limited summary data is available for this year.$0.04$0.00$0.13$0.13$0.00
2012Summary only. Only limited summary data is available for this year.$0.07$0.03$0.04$0.26$0.23$0.03
2011Summary only. Only limited summary data is available for this year.$0.02$0.01$0.13$0.13$0.00