Civic Intelligence

Elk Horn Development Corporation

EIN 23-7075492 • 501(c)4 • Elk Horn, IA

Profile

LOW INCOME HOUSING

PO Box 194Elk Horn, IA 51531

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2014

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2014

Net Margin

53rd percentile

2.7%

Higher net margin than 53% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2014

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2014

Asset Growth

17th percentile

-49%

Faster asset growth than 17% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

39th percentile

-9.1%

Faster revenue growth than 39% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$197,335

Down $188,137 (-49%) from 2013

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$197,335

Down $188,137 (-49%) from 2013

Operations
Liabilities / RevenueScore unavailableNet Margin53rd percentile

Revenue

Down

$36,251

Down $3,632 (-9.1%) from 2013

Expenses

Down

$35,262

Down $3,680 (-9.4%) from 2013

Net Income

Up

$989

Up $48 (+5.1%) from 2013

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2010: $195,189Liabilities 2010: $0Net Assets 2010: $195,1892010Assets 2013: $385,472Net Assets 2013: $385,4722013Assets 2014: $197,335Net Assets 2014: $197,3352014

Highlighted filing

2014

Assets$197,335
Liabilities-
Net Assets$197,335
Open 2014 Filing

Operations Trend

Revenue Growth39th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20KRevenue 2010: $33,055Expenses 2010: $35,475Net Income 2010: -$2,4202010Revenue 2013: $39,883Expenses 2013: $38,942Net Income 2013: $9412013Revenue 2014: $36,251Expenses 2014: $35,262Net Income 2014: $9892014

Highlighted filing

2014

Revenue$36,251
Expenses$35,262
Net Income$989
Open 2014 Filing

Filings

Most recent year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$197,335
Liabilities
-
Net assets
$197,335
Revenue
$36,251
Expenses
$35,262
Net income
$989
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$1.97$1.97$0.36$0.35$0.01
2013Detailed filing. Detailed filing data is available for this year.$3.85$3.85$0.40$0.39$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.00$1.95$0.33$0.35$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 15, 2015
Return Version
2014v5.0
Gross Receipts
$36,251
Mission and Program Overview

Mission

LOW INCOME HOUSING

Program Services

DescriptionGrantsExpenses
PROVIDE 8 LOW INCOME HOUSING APARTMENTS$28,232-
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM FREDERICKSENFoundation Mgr.PT$0--
PAUL HANSENPresident-$0--
HOWARD SORENSONSecretary-$0--
WARREN JACOBSENDirector-$0--
ROGER PARKERDirector-$0--
ALLAN LARSENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Elk Horn Development Corporation
EIN
23-7075492
Phone
7127648542
Address
PO BOX 194, ELK HORN, IA 51531

Signing Officer

Name
Tim Fredericksen
Title
Foundation Manager
Signed
2015-04-15
Discuss with paid preparer
Yes

Preparer

Firm
Rasmussen & Nelson
Address
112 W Washington PO BOX 367, EXIRA, IA 50076-0367
Preparer
Joe Rasmussen
Phone
7122685357
Supplemental Narrative

Additional Explanations

Other Expenses.1

“UTILITIES $6329”

Other Expenses.2

“Administration and legal $5076”

Other Expenses.3

“Capital improvements $4489”

Other Expenses.4

“Maintenance and repair $3819”

Other Expenses.5

“INSURANCE $3804”

Other Expenses.6

“Grounds upkeep and services $2883”

Other Expenses.7

“Transfer to reserve $2754”

Other Expenses.8

“RHS PAYMENT $2196”

Other Expenses.9

“DEBT PAYMENT $2078”

Other Expenses.10

“Snow removal and painting $1834”

Raw XML Appendix129 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TIM FREDERICKSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum07127648542
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 194
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ELK HORN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd051531
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07220
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08209
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt036251
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0989
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0196346
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0197335
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt036251
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt0189126
IRS990EZ/LandAndBuildingsGrp/EOYAmt0189126
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0196346
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0197335
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0196346
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0197335
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt06.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIM FREDERICKSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAUL HANSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HOWARD SORENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WARREN JACOBSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROGER PARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ALLAN LARSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Foundation Mgr.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt035262
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0LOW INCOME HOUSING
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE 8 LOW INCOME HOUSING APARTMENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt028232
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt035262
IRS990EZ/TotalProgramServiceExpensesAmt028232
IRS990EZ/TotalRevenueAmt036251
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0UTILITIES $6329
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADMINISTRATION AND LEGAL $5076
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CAPITAL IMPROVEMENTS $4489
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAINTENANCE AND REPAIR $3819
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INSURANCE $3804
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GROUNDS UPKEEP AND SERVICES $2883
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6TRANSFER TO RESERVE $2754
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RHS PAYMENT $2196
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DEBT PAYMENT $2078
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SNOW REMOVAL AND PAINTING $1834
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.10
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM FREDERICKSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Foundation Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Elk Horn Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0ELKH
ReturnHeader/Filer/EIN0237075492
ReturnHeader/Filer/PhoneNum07127648542
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 194
ReturnHeader/Filer/USAddress/CityNm0ELK HORN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051531
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RASMUSSEN & NELSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0112 W Washington PO BOX 367
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EXIRA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0500760367
ReturnHeader/PreparerPersonGrp/PhoneNum07122685357
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joe Rasmussen
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-04-15T14:59:45-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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