Civic Intelligence

Midwest Internet Cooperative Exchange LLC

990EZ • Fiscal year 2019 • EIN 27-3681095

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 10, 2020

Organization Profilemicemn.net
511 11th Avenues Sste 450Minneapolis, MN 55415

(320) 894-3125

Siviq Scores

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

Liabilities / Assets

36th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)12 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)12 • <$500k nonprofits • Source year 2019

Net Margin

29th percentile

-3.9%

Higher net margin than 29% of similar nonprofits.

2019 filings • 501(c)12 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$840

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

2019 filings • 501(c)12 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Balance Sheet
Liabilities / Assets36th percentile

Assets

$220,796

No earlier filing loaded for comparison.

Net Assets

$228,797

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue35th percentileNet Margin29th percentile

Revenue

$70,457

No earlier filing loaded for comparison.

Expenses

$73,217

No earlier filing loaded for comparison.

Net Income

-$2,760

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.0M$500K$0Assets 2019: $220,796Liabilities 2019: $0Net Assets 2019: $228,7972019Assets 2020: $283,678Net Assets 2020: $283,6782020Assets 2021: $320,601Liabilities 2021: $0Net Assets 2021: $320,6012021Assets 2022: $476,754Liabilities 2022: $0Net Assets 2022: $476,7542022Assets 2023: $728,103Liabilities 2023: $0Net Assets 2023: $728,1032023Assets 2024: $965,856Liabilities 2024: $6,250Net Assets 2024: $959,6062024

Highlighted filing

2019

Assets$220,796
Liabilities$0
Net Assets$228,797
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$300K$200K$100K$0-$100KRevenue 2019: $70,457Expenses 2019: $73,217Net Income 2019: -$2,7602019Revenue 2020: $106,194Expenses 2020: $45,409Net Income 2020: $60,7852020Revenue 2021: $142,178Expenses 2021: $105,255Net Income 2021: $36,9232021Revenue 2022: $196,705Expenses 2022: $40,323Net Income 2022: $156,3822022Revenue 2023: $246,021Expenses 2023: $27,854Net Income 2023: $218,1672023Revenue 2024: $307,047Expenses 2024: $75,544Net Income 2024: $231,5032024

Highlighted filing

2019

Revenue$70,457
Expenses$73,217
Net Income-$2,760
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 10, 2020
Return Version
2019v5.0
Mission and Program Overview

Mission

To improve internet connectivity, increase performance and reduce cost by keeping internet traffic local in the upper midwest.

To improve Internet connectivity increase performance and reduce cost by keeping internet traffic local in the upper Midwest

Program Services

DescriptionGrantsExpenses
0--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kayla OlsenTreasurer-$840-$840
Richard LaagerChief Manager-$0--
Filing and Contact Details

Filer

Filer Name
Midwest Internet Cooperative Exchange LLC
EIN
27-3681095
Address
511 11TH AVENUES SSTE 450, MINNEAPOLIS, MN 55415

Signing Officer

Name
Kayla Olsen
Title
Treasurer
Signed
2020-03-10
Supplemental Narrative

Additional Explanations

Schedule O:

“Other expenses depreciation 7171776 Other assets Accounts Receivable balance of 983561 Equipment Assets of 10757664”

Raw XML Appendix122 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/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Kayla Olsen
IRS990EZ/BooksInCareOfDetail/PhoneNum03208943125
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt027684 Maple Ln
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Madison Lake
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056063
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt042603
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0105384
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2760
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01346
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0231558
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0220796
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LoansToFromOfficersAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt070458
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0231558
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0228797
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0231558
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0220796
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt13
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt1840
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Richard Laager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kayla Olsen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chief Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0188955
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0115412
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt071718
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To improve Internet connectivity increase performance and reduce cost by keeping internet traffic local in the upper Midwest
IRS990EZ/PrintingPublicationsPostageAmt0155
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt073217
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt070457
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationOtherDesc0Cooperative
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0micemn.net
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other expenses depreciation 7171776 Other assets Accounts Receivable balance of 983561 Equipment Assets of 10757664
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kayla Olsen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDWEST INTERNET COOPERATIVE EXCHANGE LLC
ReturnHeader/Filer/BusinessNameControlTxt0MIDW
ReturnHeader/Filer/EIN0273681095
ReturnHeader/Filer/USAddress/AddressLine1Txt0511 11TH AVENUES SSTE 450
ReturnHeader/Filer/USAddress/CityNm0MINNEAPOLIS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055415
ReturnHeader/ReturnTs02020-03-10T02:00:07Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$220,796
Liabilities
$0
Net assets
$228,797
Revenue
$70,457
Expenses
$73,217
Net income
-$2,760
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.66$0.06$9.60$3.07$0.76$2.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.28$0.00$7.28$2.46$0.28$2.18
2022Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$1.97$0.40$1.56
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$0.00$3.21$1.42$1.05$0.37
2020Detailed filing. Detailed filing data is available for this year.$2.84$2.84$1.06$0.45$0.61
2019Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.29$0.70$0.73$0.03