Civic Intelligence

Moulton Development Corporation

EIN 23-7112700 • 501(c)4 • Algona, IA

Profile

To provide low rent housing in Moulton, Iowa.

PO Box 476Algona, IA 50511
Siviq Scores

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

Liabilities / Assets

82nd percentile

0.16x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.16x

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

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

54th percentile

3.5%

Higher net margin than 54% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

50th percentile

-1.3%

Faster asset growth than 50% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

1.4%

Faster revenue growth than 55% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Down

$180,283

Down $2,293 (-1.3%) from 2023

Liabilities

Down

$28,638

Down $8,544 (-23%) from 2023

Net Assets

Up

$151,645

Up $6,251 (+4.3%) from 2023

Operations
Liabilities / Revenue83rd percentileNet Margin54th percentile

Revenue

Up

$176,308

Up $2,351 (+1.4%) from 2023

Expenses

Down

$170,057

Down $12,824 (-7.0%) from 2023

Net Income

Up

$6,251

Up $15,175 (+170%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$200K$150K$100K$50K$0Assets 2020: $170,334Liabilities 2020: $63,691Net Assets 2020: $106,6432020Assets 2021: $175,633Liabilities 2021: $55,068Net Assets 2021: $120,5652021Assets 2022: $199,974Liabilities 2022: $45,656Net Assets 2022: $154,3182022Assets 2023: $182,576Liabilities 2023: $37,182Net Assets 2023: $145,3942023Assets 2024: $180,283Liabilities 2024: $28,638Net Assets 2024: $151,6452024

Highlighted filing

2024

Assets$180,283
Liabilities$28,638
Net Assets$151,645
Open 2024 Filing

Operations Trend

Revenue Growth55th percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2020: $153,771Expenses 2020: $131,144Net Income 2020: $22,6272020Revenue 2021: $159,254Expenses 2021: $145,332Net Income 2021: $13,9222021Revenue 2022: $182,225Expenses 2022: $148,472Net Income 2022: $33,7532022Revenue 2023: $173,957Expenses 2023: $182,881Net Income 2023: -$8,9242023Revenue 2024: $176,308Expenses 2024: $170,057Net Income 2024: $6,2512024

Highlighted filing

2024

Revenue$176,308
Expenses$170,057
Net Income$6,251
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$180,283
Liabilities
$28,638
Net assets
$151,645
Revenue
$176,308
Expenses
$170,057
Net income
$6,251
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.29$1.52$1.76$1.70$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$0.37$1.45$1.74$1.83$0.09
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.46$1.54$1.82$1.48$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.76$0.55$1.21$1.59$1.45$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.64$1.07$1.54$1.31$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 2, 2025
Return Version
2024v5.0
Gross Receipts
$176,308
Mission and Program Overview

Mission

To provide low rent housing in Moulton, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 28 families to find safe and affordable housing in Moulton.$0$170,057
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Randy WelchPresident-$0--
Terry PangburnVice President-$0--
Julie JaySecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Moulton Development Corporation
EIN
23-7112700
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Randy Welch
Title
President
Phone
6418569665
Signed
2025-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Murphy Enterprises Inc
Address
Murphy Enterprises Inc, Algona, IA 50511
Preparer
William Murphy
Phone
5152952927
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Laundry $2720 and Tenant Charges $777”

Form 990-EZ, Part I, Line 16

“Depreciation $29867, Interest $260, and Utility Allowance $564”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $17179 and Security Deposits $11459”

Raw XML Appendix132 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Murphy Realty & Management Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum05152952927
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 East State Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Algona
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050511
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt061031
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt076594
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt06251
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt023876
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0182576
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0180283
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0176308
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0276
IRS990EZ/LandAndBuildingsGrp/BOYAmt0121545
IRS990EZ/LandAndBuildingsGrp/EOYAmt0103689
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0145394
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0151645
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0145394
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0151645
IRS990EZ/OccupancyRentUtltsAndMaintAmt0113767
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Randy Welch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Terry Pangburn
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Julie Jay
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt030691
IRS990EZ/OtherRevenueTotalAmt03497
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Moulton, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt0172535
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 28 families to find safe and affordable housing in Moulton.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0170057
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt01723
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt037182
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt028638
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0170057
IRS990EZ/TotalProgramServiceExpensesAmt0170057
IRS990EZ/TotalRevenueAmt0176308
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $2720 and Tenant Charges $777
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $29867, Interest $260, and Utility Allowance $564
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $17179 and Security Deposits $11459
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Randy Welch
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06418569665
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOULTON DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MOUL
ReturnHeader/Filer/EIN0237112700
ReturnHeader/Filer/PhoneNum05152952927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 476
ReturnHeader/Filer/USAddress/CityNm0Algona
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270007462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Algona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152952927
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-02T10:44:18-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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