Civic Intelligence

Emmetsburg Community Development Corporation

990 • Fiscal year 2014 • EIN 20-5660617

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 04, 2015

2101 10th StreetEmmetsburg, IA 50536

(712) 852-2690

Siviq Scores

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

Liabilities / Assets

96th percentile

0.95x

Higher debt load relative to assets than 96% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

100th percentile

11.46x

Higher debt load relative to revenue than 100% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

94th percentile

31%

Higher net margin than 94% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

39th percentile

0.3%

Faster asset growth than 39% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

6th percentile

-22%

Faster revenue growth than 6% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$591,393

Up $1,822 (+0.3%) from 2013

Net Assets

Up

$29,878

Up $15,314 (+105%) from 2013

Liabilities

Down

$561,515

Down $13,492 (-2.3%) from 2013

Revenue

Down

$48,979

Down $13,914 (-22%) from 2013

Expenses

Down

$33,665

Down $9,312 (-22%) from 2013

Net Income

Down

$15,314

Down $4,602 (-23%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $660,348Liabilities 2010: $618,149Net Assets 2010: $42,1992010Assets 2011: $658,930Liabilities 2011: $607,303Net Assets 2011: $51,6272011Assets 2012: $580,559Liabilities 2012: $585,912Net Assets 2012: -$5,3532012Assets 2013: $589,571Liabilities 2013: $575,007Net Assets 2013: $14,5642013Assets 2014: $591,393Liabilities 2014: $561,515Net Assets 2014: $29,8782014Assets 2015: $593,184Liabilities 2015: $547,344Net Assets 2015: $45,8402015Assets 2016: $683,222Liabilities 2016: $622,457Net Assets 2016: $60,7652016Assets 2017: $706,147Liabilities 2017: $574,712Net Assets 2017: $131,4352017Assets 2018: $581,950Liabilities 2018: $541,636Net Assets 2018: $40,3142018Assets 2019: $818,877Liabilities 2019: $597,873Net Assets 2019: $221,0042019Assets 2020: $950,849Liabilities 2020: $700,007Net Assets 2020: $250,8422020Assets 2021: $702,134Liabilities 2021: $445,994Net Assets 2021: $256,1402021Assets 2022: $741,043Liabilities 2022: $464,469Net Assets 2022: $276,5742022Assets 2023: $800,862Liabilities 2023: $462,665Net Assets 2023: $338,1972023Assets 2024: $1,437,386Liabilities 2024: $928,408Net Assets 2024: $508,9782024

Highlighted filing

2014

Assets$591,393
Liabilities$561,515
Net Assets$29,878

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $45,7552010Expenses 2011: $39,1252011Expenses 2012: $49,6342012Revenue 2013: $62,893Expenses 2013: $42,977Net Income 2013: $19,9162013Revenue 2014: $48,979Expenses 2014: $33,665Net Income 2014: $15,3142014Revenue 2015: $48,146Expenses 2015: $32,184Net Income 2015: $15,9622015Revenue 2016: $58,146Expenses 2016: $43,221Net Income 2016: $14,9252016Revenue 2017: $168,706Expenses 2017: $98,036Net Income 2017: $70,6702017Revenue 2018: -$3,888Expenses 2018: $65,553Net Income 2018: -$69,4412018Revenue 2019: $205,955Expenses 2019: $25,265Net Income 2019: $180,6902019Revenue 2020: $47,316Expenses 2020: $17,478Net Income 2020: $29,8382020Revenue 2021: $30,051Expenses 2021: $7,336Net Income 2021: $22,7152021Revenue 2022: $48,142Expenses 2022: $27,708Net Income 2022: $20,4342022Revenue 2023: $92,944Expenses 2023: $31,321Net Income 2023: $61,6232023Revenue 2024: $271,725Expenses 2024: $100,944Net Income 2024: $170,7812024

Highlighted filing

2014

Revenue$48,979
Expenses$33,665
Net Income$15,314
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 4, 2015
Return Version
2014v5.0
Gross Receipts
$48,979
Mission and Program Overview

Mission

Promotion of community welfare and provide economic development assistance in emmetsburg, iowa,to finance and develope land for an industrial development park in emmetsburg, iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$534,050$534,050→ $0
Cash and Non-Interest-Bearing Accounts$52,372$55,053▲ $2,681
Land, Buildings, and Equipment, Net$3,149$2,290▼ $859
Total Assets$589,571$591,393▲ $1,822
Liabilities
Other Liabilities$575,007$561,515▼ $13,492
Total Liabilities$575,007$561,515▼ $13,492
Net Assets / Fund Balance
Unrestricted Net Assets$14,564$29,878▲ $15,314
Total Net Assets Fund Balance$14,564$29,878▲ $15,314
Total Liabilities and Net Assets / Fund Balance$589,571$591,393▲ $1,822

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,290$3,721$6,011
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kris AusbornPresident
Dan CooperDirector
Desiree EinsweilerDirector
John BirdDirector
Kent KlootwykDirector
Kimberly ZimmermanDirector
Ruth BrownDirector
Steve FinerDirector
Val NewhouseSecretary
Tony KautenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$42,246
Program Service Revenue
$6,733
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$15,314
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,665
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$28,254--$28,254
Occupancy$1,916--$1,916
Fees for Services Accounting-$1,475-$1,475
Depreciation Depletion$859--$859
Insurance$661--$661
Other Expenses$500--$500
Total Functional Expenses$32,190$1,475$0$33,665
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable Usda$399,229
Notes Payable Iowa Trust & Savings$162,286
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 9

Kris ausborn 6 n. Superior emmetsburg, ia 50536 john bird 701 lake street emmetsburg, ia 50536 ruth brown 3925 340th street ruthven, ia 51358 dan cooper 3006 cullen emmetsburg, ia 50536 steve finer 602 union street emmetsburg, ia 50536 tony kauten 707 state street emmetsburg, ia 50536 kent klootwyk 4670 360th street emmetsburg, ia 50536 ruth brown 3925 340 st ruthven, ia 51358 val newhouse 2702 college drive emmetsburg, ia 50536 kimberly zimmerman 102 n grand emmetsburg, ia 50536 desiree einsweiler 304 lawler street emmetsburg, ia 50536

Form 990, Page 6, Part VI, Line 11B

Reviewed by governing board prior to filing.

Form 990, Page 6, Part VI, Line 19

REQUEST.

Filing and Contact Details

Filer

Filer Name
Emmetsburg Community Developmement
EIN
20-5660617
Address
2101 10TH STREET, EMMETSBURG, IA 50536

Signing Officer

Name
Kris Ausborn
Title
President
Signed
2015-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kris Ausborn
Formed
2006
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Kiesling Associates Llp
Address
PO BOX 430, EMMETSBURG, IA 50536-0430
Preparer
Edwin J Burdorf
Phone
7128524464
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Industrial park land development.

Form 990, Part XI, Line 9

Book / tax depreciation difference 859

Form 990, Part XI, Line 9

Depreciation -859 rounding 0

Raw XML Appendix321 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INDUSTRIAL PARK LAND DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KRIS AUSBORN 6 N. SUPERIOR EMMETSBURG, IA 50536 JOHN BIRD 701 LAKE STREET EMMETSBURG, IA 50536 RUTH BROWN 3925 340TH STREET RUTHVEN, IA 51358 DAN COOPER 3006 CULLEN EMMETSBURG, IA 50536 STEVE FINER 602 UNION STREET EMMETSBURG, IA 50536 TONY KAUTEN 707 STATE STREET EMMETSBURG, IA 50536 KENT KLOOTWYK 4670 360TH STREET EMMETSBURG, IA 50536 RUTH BROWN 3925 340 ST RUTHVEN, IA 51358 VAL NEWHOUSE 2702 COLLEGE DRIVE EMMETSBURG, IA 50536 KIMBERLY ZIMMERMAN 102 N GRAND EMMETSBURG, IA 50536 DESIREE EINSWEILER 304 LAWLER STREET EMMETSBURG, IA 50536
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY GOVERNING BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE 859
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IRS990/TotalAssetsBOYAmt0589571
IRS990/TotalAssetsEOYAmt0591393
IRS990/TotalAssetsGrp/BOYAmt0589571
IRS990/TotalAssetsGrp/EOYAmt0591393
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt042246
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01475
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt032190
IRS990/TotalFunctionalExpensesGrp/TotalAmt033665
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0575007
IRS990/TotalLiabilitiesEOYAmt0561515
IRS990/TotalLiabilitiesGrp/BOYAmt0575007
IRS990/TotalLiabilitiesGrp/EOYAmt0561515
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt014564
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt029878
IRS990/TotalOtherProgSrvcExpenseAmt032190
IRS990/TotalProgramServiceExpensesAmt032190
IRS990/TotalProgramServiceRevenueAmt06733
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06733
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt048979
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0589571
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0591393
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt014564
IRS990/UnrestrictedNetAssetsGrp/EOYAmt029878
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PRESIDENT
IRS990/USAddress/CityNm0EMMETSBURG
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050536
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KRIS AUSBORN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EMMETSBURG COMMUNITY DEVELOPMEMENT
ReturnHeader/Filer/BusinessNameControlTxt0EMME
ReturnHeader/Filer/EIN0205660617
ReturnHeader/Filer/USAddress/AddressLine1Txt02101 10TH STREET
ReturnHeader/Filer/USAddress/CityNm0EMMETSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050536
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390906430
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KIESLING ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 430
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EMMETSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0505360430
ReturnHeader/PreparerPersonGrp/PhoneNum07128524464
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWIN J BURDORF
ReturnHeader/ReturnTs02015-06-05T11:22:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.44$0.93$0.51$0.27$0.10$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.46$0.34$0.09$0.03$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.74$0.46$0.28$0.05$0.03$0.02
2021Summary only. Only limited summary data is available for this year.$0.70$0.45$0.26$0.03$0.01$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.95$0.70$0.25$0.05$0.02$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.60$0.22$0.21$0.03$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.54$0.04$0.00$0.07$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.57$0.13$0.17$0.10$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.62$0.06$0.06$0.04$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.55$0.05$0.05$0.03$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.56$0.03$0.05$0.03$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.58$0.01$0.06$0.04$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.59$0.01$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.61$0.05$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.62$0.04$0.05