Civic Intelligence

Greater Huron Development Corporation and Subsidiaries

990 • Fiscal year 2019 • EIN 23-7069436

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

Organization ProfileHURONSD.COM
1705 Dakota Ave SouthHuron, SD 57350

(605) 352-0363

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.54x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

1.30x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2019

Net Margin

6th percentile

-34%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

11th percentile

$86,183

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2019 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2019

Asset Growth

1st percentile

-71%

Faster asset growth than 1% of similar nonprofits.

2019 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

88th percentile

22%

Faster revenue growth than 88% of similar nonprofits.

2019 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$11,376,406

Down $28,135,354 (-71%) from 2018

Net Assets

Down

$5,225,153

Down $1,600,888 (-23%) from 2018

Liabilities

Down

$6,151,253

Down $26,534,466 (-81%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin6th percentile

Revenue

Up

$4,723,958

Up $858,807 (+22%) from 2018

Expenses

Up

$6,341,877

Up $4,716,159 (+290%) from 2018

Net Income

Down

-$1,617,919

Down $3,857,352 (-172%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$40M$30M$20M$10M$0Assets 2010: $4,722,245Liabilities 2010: $3,412,717Net Assets 2010: $1,309,5282010Assets 2011: $4,505,724Liabilities 2011: $3,423,564Net Assets 2011: $1,082,1602011Assets 2012: $37,509,109Liabilities 2012: $29,205,788Net Assets 2012: $8,303,3212012Assets 2013: $36,520,635Liabilities 2013: $29,390,731Net Assets 2013: $7,129,9042013Assets 2014: $35,426,884Liabilities 2014: $28,795,546Net Assets 2014: $6,631,3382014Assets 2015: $34,760,690Liabilities 2015: $28,734,822Net Assets 2015: $6,025,8682015Assets 2016: $34,758,946Liabilities 2016: $29,243,049Net Assets 2016: $5,515,8972016Assets 2017: $34,700,875Liabilities 2017: $30,114,439Net Assets 2017: $4,586,4362017Assets 2018: $39,511,760Liabilities 2018: $32,685,719Net Assets 2018: $6,826,0412018Assets 2019: $11,376,406Liabilities 2019: $6,151,253Net Assets 2019: $5,225,1532019Assets 2020: $13,003,375Liabilities 2020: $5,767,873Net Assets 2020: $7,235,5022020Assets 2021: $12,597,470Liabilities 2021: $5,613,419Net Assets 2021: $6,984,0512021Assets 2022: $14,803,173Liabilities 2022: $7,787,037Net Assets 2022: $7,016,1362022Assets 2023: $15,581,695Liabilities 2023: $8,698,467Net Assets 2023: $6,883,2282023Assets 2024: $14,911,413Liabilities 2024: $8,017,108Net Assets 2024: $6,894,3052024

Highlighted filing

2019

Assets$11,376,406
Liabilities$6,151,253
Net Assets$5,225,153
Open 2019 Filing

Operations Trend

Revenue Growth88th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $596,1272010Expenses 2011: $760,3922011Expenses 2012: $778,6732012Revenue 2013: $1,011,208Expenses 2013: $2,103,051Net Income 2013: -$1,091,8432013Revenue 2014: $1,159,706Expenses 2014: $1,558,620Net Income 2014: -$398,9142014Revenue 2015: $1,064,847Expenses 2015: $1,568,856Net Income 2015: -$504,0092015Revenue 2016: $1,231,270Expenses 2016: $1,741,241Net Income 2016: -$509,9712016Revenue 2017: $1,195,099Expenses 2017: $2,124,390Net Income 2017: -$929,2912017Revenue 2018: $3,865,151Expenses 2018: $1,625,718Net Income 2018: $2,239,4332018Revenue 2019: $4,723,958Expenses 2019: $6,341,877Net Income 2019: -$1,617,9192019Revenue 2020: $2,506,573Expenses 2020: $496,224Net Income 2020: $2,010,3492020Revenue 2021: $460,012Expenses 2021: $711,463Net Income 2021: -$251,4512021Revenue 2022: $647,544Expenses 2022: $704,664Net Income 2022: -$57,1202022Revenue 2023: $931,900Expenses 2023: $1,064,808Net Income 2023: -$132,9082023Revenue 2024: $541,102Expenses 2024: $530,025Net Income 2024: $11,0772024

Highlighted filing

2019

Revenue$4,723,958
Expenses$6,341,877
Net Income-$1,617,919
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.0
Gross Receipts
$20,285,735
Mission and Program Overview

Mission

To assist huron business expansion

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,739,100$4,159,235▼ $14,579,865
Cash and Non-Interest-Bearing Accounts$1,188,911$1,213,126▲ $24,215
Other Notes and Loans Receivable, Net$14,646,405$859,002▼ $13,787,403
Pledges and Grants Receivable$921,370$761,778▼ $159,592
Intangible Assets$381,507--
Investments in Publicly Traded Securities$63,399$324,140▲ $260,741
Accounts Receivable$2,329$44,365▲ $42,036
Prepaid Expenses and Deferred Charges$16,566$13,933▼ $2,633
Total Assets$39,511,760$11,376,406▼ $28,135,354
Other Assets Total$3,552,173$4,000,827▲ $448,654
Liabilities
Mortgage Notes Payable Secured by Investment Property$32,219,728$5,689,155▼ $26,530,573
Grants Payable$317,744$317,744→ $0
Other Liabilities$148,247$144,354▼ $3,893
Total Liabilities$32,685,719$6,151,253▼ $26,534,466
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,979,671$4,463,375▼ $1,516,296
Net Assets With Donor Restrictions$846,370$761,778▼ $84,592
Total Net Assets Fund Balance$6,826,041$5,225,153▼ $1,600,888
Total Liabilities and Net Assets / Fund Balance$39,511,760$11,376,406▼ $28,135,354

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$72,730$62,022$134,752
Equipment$2,365$45,533$47,898
Other Land Buildings$4,084,140$196$3,308
Other Assets Org$76,500--
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ted HaederPresident anFT$86,183$86,183

Board Members and Trustees

NameTitle
Pam BrowningChairman
Rick RozellVice Chairma
Angie UttechtDirector
Chad FeldermanDirector
David DickDirector
Douglas BalvinDirector
Dr Joe CarrDirector
John SydowDirector
Justin PicekDirector
Kelly DaughertyDirector
Kerwin HaederDirector
Terry SchiltzDirector
Ryan GoehnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,730,535
Program Service Revenue
$486,396
Investment Income
$1,848,768
Other Revenue
$658,259
Change in Net Assets
$-1,617,919

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,723,958
Total Revenue per Audited Statements
$4,723,958
Total Revenue per Form 990
$4,723,958
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,048,081
Salaries, Compensation, and Employee Benefits$293,796
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$294,796$15,516-$310,312
Other Salaries and Wages$211,010$23,446-$234,456
Interest$184,237--$184,237
Fees for Services Accounting$50,003$5,556-$55,559
All Other Expenses$32,193$13,786-$45,979
Other Employee Benefits$31,846$3,538-$35,384
Occupancy$2,271$20,435-$22,706
Other Expenses$1,963$17,668-$19,631
Payroll Taxes$15,732$1,748-$17,480
Travel$11,115--$11,115
Pension Plan Contributions$5,828$648-$6,476
Total Functional Expenses$6,231,950$109,927$0$6,341,877

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,341,877
Expenses per Audited Statements$6,324,846
Total Expenses per Audited Statements$6,324,846
Expenses Not Reported on Financial Statements$17,031
Other Expense Adjustments$17,031
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
Amounts Held for Others$107,665
Accrued Expenses$18,937
Unearned & Def Rev$17,752
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“The membership approves the election of directors at the annual meeting of the organization”

Form 990, Page 6, Part VI, Line 7B

“The members approve the yearly transactions at the annual meeting”

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

“Management has accountant prepare the form 990 and then reviews the tax return. Tax return is presented to the board of directors for there approval and then return is filed.”

Form 990, Page 6, Part VI, Line 12C

“Board of directors and management monitor each board member on an ongoing basis for conflicts. The conflicts are resolved or member is removed from the board.”

Form 990, Page 6, Part VI, Line 15A

“The executive committee reviews compensation and makes recommendations to the board based on analyze of similiar organizations, etc”

Form 990, Page 6, Part VI, Line 15B

“The executive director researches the data and provides information to board and executive committee who approve compensation”

Form 990, Page 6, Part VI, Line 19

“The tax return is available at the office during normal business hours for inspection unless other times are arranged by the requesting party.”

Filing and Contact Details

Filer

Filer Name
Greater Huron Development
EIN
23-7069436
Phone
6053520363
Address
1705 DAKOTA AVE SOUTH, HURON, SD 57350

Signing Officer

Name
Ted Haeder
Title
President and CEO
Phone
6053520363
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ted Haeder
Formed
1960
Legal Domicile
Sd
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
15

Preparer

Firm
Elo Prof LLC
Address
PO BOX 249, MITCHELL, SD 57301
Preparer
Jamie a Eldeen CPA
Phone
6059967717
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Volunteers serve as the board of directors and also individuals assist with business recruitment and expansion as needed. The voluteers receive no compensation or benefits.”

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

“Assist in new business expansion to huron area, this expense is the depreciation for equip used to support the activites.”

Form 990, Part XI, Line 9

“Book / tax depreciation difference 17,031”

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

“Book / tax depreciation difference 17,031”

Raw XML AppendixShowing 400 of 461 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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IRS990/LandBldgEquipBasisNetGrp/EOYAmt04159235
IRS990/LandBldgEquipCostOrOtherBssAmt04266986
IRS990/LegalDomicileStateCd0SD
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt015561777
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO ASSIST HURON BUSINESS EXPANSION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt032219728
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05689155
IRS990/NetAssetsOrFundBalancesBOYAmt06826041
IRS990/NetAssetsOrFundBalancesEOYAmt05225153
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt01718223
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01718223
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05979671
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04463375
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt020435
IRS990/OccupancyGrp/ProgramServicesAmt02271
IRS990/OccupancyGrp/TotalAmt022706
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03552173
IRS990/OtherAssetsTotalGrp/EOYAmt04000827
IRS990/OtherChangesInNetAssetsAmt017031
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03538
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031846
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035384
IRS990/OtherExpensesGrp/Desc0LOSS
IRS990/OtherExpensesGrp/Desc1MISC
IRS990/OtherExpensesGrp/Desc2MARKETING EXPENSE
IRS990/OtherExpensesGrp/Desc3INSURANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07586
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117668
IRS990/OtherExpensesGrp/ProgramServicesAmt05300000
IRS990/OtherExpensesGrp/ProgramServicesAmt168269
IRS990/OtherExpensesGrp/ProgramServicesAmt222687
IRS990/OtherExpensesGrp/ProgramServicesAmt31963
IRS990/OtherExpensesGrp/TotalAmt05300000
IRS990/OtherExpensesGrp/TotalAmt175855
IRS990/OtherExpensesGrp/TotalAmt222687
IRS990/OtherExpensesGrp/TotalAmt319631
IRS990/OtherLiabilitiesGrp/BOYAmt0148247
IRS990/OtherLiabilitiesGrp/EOYAmt0144354
IRS990/OtherRevenueMiscGrp/Desc0BOOK TO TAX DIFF ON ASSET SAL
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/Desc2GAIN ON SALE OF BLDG
IRS990/OtherRevenueMiscGrp/ExclusionAmt034501
IRS990/OtherRevenueMiscGrp/ExclusionAmt1-44086
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0667844
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0667844
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt134501
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-44086
IRS990/OtherRevenueTotalAmt0658259
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023446
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0211010
IRS990/OtherSalariesAndWagesGrp/TotalAmt0234456
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt014646405
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0859002
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01748
IRS990/PayrollTaxesGrp/ProgramServicesAmt015732
IRS990/PayrollTaxesGrp/TotalAmt017480
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0648
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05828
IRS990/PensionPlanContributionsGrp/TotalAmt06476
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0921370
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0761778
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016566
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013933
IRS990/PrincipalOfficerNm0TED HAEDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADMIN /MARKETING FEE
IRS990/ProgramServiceRevenueGrp/Desc1LEASE INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0236014
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1200297
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt250085
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0236014
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1200297
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt250085
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ASSIST IN NEW BUSINESS EXPANSION TO HURON AREA, THIS EXPENSE IS THE DEPRECIATION FOR EQUIP USED TO SUPPORT THE ACTIVITES.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02553548
IRS990/PYInvestmentIncomeAmt0216757
IRS990/PYOtherExpensesAmt01306801
IRS990/PYOtherRevenueAmt0586262
IRS990/PYProgramServiceRevenueAmt0508584
IRS990/PYRevenuesLessExpensesAmt02239433
IRS990/PYSalariesCompEmpBnftPaidAmt0318917
IRS990/PYTotalExpensesAmt01625718
IRS990/PYTotalRevenueAmt03865151
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1617919
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0486396
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02365
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045533
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt047898
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt017031
IRS990ScheduleD/ExpensesSubtotalAmt06324846
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt072730
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt062022
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0134752
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03924327
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt176500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TIF RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1LIQUOR LICENSE
IRS990ScheduleD/OtherExpensesNotIncludedAmt017031
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04084140
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0196
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt04081028
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0107665
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118937
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt217752
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AMOUNTS HELD FOR OTHERS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNEARNED & DEF REV
IRS990ScheduleD/RevenueSubtotalAmt04723958
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 17,031
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04159235
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04000827
IRS990ScheduleD/TotalExpensesPerForm990Amt06341877
IRS990ScheduleD/TotalLiabilityAmt0144354
IRS990ScheduleD/TotalRevenuePerForm990Amt04723958
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04723958
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06324846
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS SERVE AS THE BOARD OF DIRECTORS AND ALSO INDIVIDUALS ASSIST WITH BUSINESS RECRUITMENT AND EXPANSION AS NEEDED. THE VOLUTEERS RECEIVE NO COMPENSATION OR BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ASSIST IN NEW BUSINESS EXPANSION TO HURON AREA, THIS EXPENSE IS THE DEPRECIATION FOR EQUIP USED TO SUPPORT THE ACTIVITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERSHIP APPROVES THE ELECTION OF DIRECTORS AT THE ANNUAL MEETING OF THE ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS APPROVE THE YEARLY TRANSACTIONS AT THE ANNUAL MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MANAGEMENT HAS ACCOUNTANT PREPARE THE FORM 990 AND THEN REVIEWS THE TAX RETURN. TAX RETURN IS PRESENTED TO THE BOARD OF DIRECTORS FOR THERE APPROVAL AND THEN RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD OF DIRECTORS AND MANAGEMENT MONITOR EACH BOARD MEMBER ON AN ONGOING BASIS FOR CONFLICTS. THE CONFLICTS ARE RESOLVED OR MEMBER IS REMOVED FROM THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE EXECUTIVE COMMITTEE REVIEWS COMPENSATION AND MAKES RECOMMENDATIONS TO THE BOARD BASED ON ANALYZE OF SIMILIAR ORGANIZATIONS, ETC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE EXECUTIVE DIRECTOR RESEARCHES THE DATA AND PROVIDES INFORMATION TO BOARD AND EXECUTIVE COMMITTEE WHO APPROVE COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE TAX RETURN IS AVAILABLE AT THE OFFICE DURING NORMAL BUSINESS HOURS FOR INSPECTION UNLESS OTHER TIMES ARE ARRANGED BY THE REQUESTING PARTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BOOK / TAX DEPRECIATION DIFFERENCE 17,031
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt039511760
IRS990/TotalAssetsEOYAmt011376406
IRS990/TotalAssetsGrp/BOYAmt039511760
IRS990/TotalAssetsGrp/EOYAmt011376406
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01730535
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109927
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06231950
IRS990/TotalFunctionalExpensesGrp/TotalAmt06341877

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,376,406
Liabilities
$6,151,253
Net assets
$5,225,153
Revenue
$4,723,958
Expenses
$6,341,877
Net income
-$1,617,919
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.9$8.02$6.89$0.54$0.53$0.01
2023Detailed filing. Detailed filing data is available for this year.$15.6$8.70$6.88$0.93$1.06$0.13
2022Detailed filing. Detailed filing data is available for this year.$14.8$7.79$7.02$0.65$0.70$0.06
2021Detailed filing. Detailed filing data is available for this year.$12.6$5.61$6.98$0.46$0.71$0.25
2020Detailed filing. Detailed filing data is available for this year.$13.0$5.77$7.24$2.51$0.50$2.01
2019Detailed filing. Detailed filing data is available for this year.$11.4$6.15$5.23$4.72$6.34$1.62
2018Detailed filing. Detailed filing data is available for this year.$39.5$32.7$6.83$3.87$1.63$2.24
2017Detailed filing. Detailed filing data is available for this year.$34.7$30.1$4.59$1.20$2.12$0.93
2016Detailed filing. Detailed filing data is available for this year.$34.8$29.2$5.52$1.23$1.74$0.51
2015Detailed filing. Detailed filing data is available for this year.$34.8$28.7$6.03$1.06$1.57$0.50
2014Detailed filing. Detailed filing data is available for this year.$35.4$28.8$6.63$1.16$1.56$0.40
2013Detailed filing. Detailed filing data is available for this year.$36.5$29.4$7.13$1.01$2.10$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.5$29.2$8.30$0.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$3.42$1.08$0.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$3.41$1.31$0.60