Civic Intelligence

Iowa Lakes Resource Conservation & Development

990EZ • Fiscal year 2015 • EIN 31-1496657

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 20, 2016

1617 N Lake AveStorm Lake, IA 50588

(712) 363-1533

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

0.10x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

4th percentile

-136%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

17th percentile

-25%

Faster asset growth than 17% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

7th percentile

-58%

Faster revenue growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$90,667

Down $31,021 (-25%) from 2014

Net Assets

Down

$88,192

Down $33,496 (-28%) from 2014

Liabilities

Up

$2,475

Up $2,475 from 2014

Revenue

Down

$24,674

Down $34,523 (-58%) from 2014

Expenses

Up

$58,170

Up $4,862 (+9.1%) from 2014

Net Income

Down

-$33,496

Down $39,385 (-669%) from 2014

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $96,151Liabilities 2010: $9,632Net Assets 2010: $86,5192010Assets 2011: $96,414Liabilities 2011: $11,103Net Assets 2011: $85,3112011Assets 2013: $117,871Liabilities 2013: $58Net Assets 2013: $117,8132013Assets 2014: $121,688Liabilities 2014: $0Net Assets 2014: $121,6882014Assets 2015: $90,667Liabilities 2015: $2,475Net Assets 2015: $88,1922015Assets 2016: $81,832Liabilities 2016: $31Net Assets 2016: $81,8012016Assets 2017: $0Net Assets 2017: $02017

Highlighted filing

2015

Assets$90,667
Liabilities$2,475
Net Assets$88,192

Operations Trend

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

$150K$100K$50K$0-$50K-$100KExpenses 2010: $86,1902010Expenses 2011: $103,0282011Revenue 2013: $47,441Expenses 2013: $46,083Net Income 2013: $1,3582013Revenue 2014: $59,197Expenses 2014: $53,308Net Income 2014: $5,8892014Revenue 2015: $24,674Expenses 2015: $58,170Net Income 2015: -$33,4962015Revenue 2016: $30,853Expenses 2016: $37,244Net Income 2016: -$6,3912016Revenue 2017: $87Expenses 2017: $81,888Net Income 2017: -$81,8012017

Highlighted filing

2015

Revenue$24,674
Expenses$58,170
Net Income-$33,496
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 20, 2016
Return Version
2015v2.1
Gross Receipts
$24,674
Mission and Program Overview

Mission

Resource Conservation & Economic Development

The mission of iowa lakes rc&d is to address the natural and human resources to advance economic and social betterment of northwest iowa. The rc&d program will help local people obtain and coordinate technical and financial assistance as needed from a variety of private, public, and governmental sources.rc&d assists communities and individuals in an eight county area of northwest iowa. The iowa lakes rc&d council provides a way for local people to plan and implement projects that will make their communities better places to live. They are part of the iowa league of rc&ds,which represents all of the iowa rc&d councils.

Program Services

DescriptionGrantsExpenses
PROTECT AND DEVELOP ECONOMIC, NATURAL AND SOCIAL RESOURCES IN WAYS THAT HELP IMPROVE THE AREA'S ECONOMY, ENVIRONMENT, AND QUALITY OF LIFE.-$23,129
PROVIDES CULTURAL RESOURCE/HISTORIC PRESERVATION ASSISTANCE THROUGH A HISTORIC PRESERVATION CONSULTANT/ARCHITECTURAL HISTORIAN. SERVICES INCLUDE ASSISTANCE WITH VARIOUS TYPES OF HISTORIC PRESERVATION,AND COMMUNITY AND ECONOMIC DEVELOPMENT PROJECTS.-$3,577
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAN HEISSELChairperson-$0--
JOEL HORSLEYVice Chair-$0--
NICK SCHMALENExec Board M-$0--
DALE ARENDSBoard Member-$0--
PHIL DRIVERBoard Member-$0--
MIRIAM PATTONBoard Member-$0--
BOB DONAHOOExec Board M-$0--
KENNY BENTSENAlternate Me-$0--
CHARLENE ELYEABoard Member-$0--
BOB NESSExec Board M-$0--
PAM JORDANExec Board M-$0--
KATHY LUEDKEBoard Member-$0--
LINDA SWANSONBoard Member-$0--
JERRY CREWBoard Member-$0--
TAMMY MCKEEVERBoard Member-$0--
MARK SCHULZTreasurer/Se-$0--
JOHN SCHMIDTBoard Member-$0--
KEITH WIRTZBoard Member-$0--
BRIAN WALDSTEINBoard Member-$0--
JIM FREDERICKBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Iowa Lakes Resource Conservation &
EIN
31-1496657
Phone
7123631533
Address
1617 N LAKE AVE, STORM LAKE, IA 50588

Signing Officer

Name
Dan Heissel
Title
Chairperson
Phone
7123631533
Signed
2016-06-20
Discuss with paid preparer
Yes

Preparer

Firm
Williams & Company CPA Pc
Address
PO BOX 908, SPENCER, IA 51301
Preparer
Sherry L Titterington CPA
Phone
7122621500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising expenses 403 supplies 838 rent,parking, utilities 1,076 telephone 900 travel 2,150 conferences/meetings 204 insurance 2,467 total 8,038

Form 990-ez, Part II, Line 24

Accounts receivable 22,859 7,517 total 22,859 7,517

Form 990-ez, Part II, Line 26

Payroll liabilities 0 1,256 accrued wages 0 826 state w/h payable 0 393

Form 990-ez, Part III

The mission of iowa lakes rc&d is to address the natural and human resources to advance economic and social betterment of northwest iowa. The rc&d program will help local people obtain and coordinate technical and financial assistance as needed from a variety of private, public, and governmental sources.rc&d assists communities and individuals in an eight county area of northwest iowa. The iowa lakes rc&d council provides a way for local people to plan and implement projects that will make their communities better places to live. They are part of the iowa league of rc&ds,which represents all of the iowa rc&d councils.

Form 990-ez, Part III, Line 28

Provides cultural resource/historic preservation assistance through a historic preservation consultant/architectural historian. Services include assistance with various types of historic preservation,and community and economic development projects.

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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF IOWA LAKES RC&D IS TO ADDRESS THE NATURAL AND HUMAN RESOURCES TO ADVANCE ECONOMIC AND SOCIAL BETTERMENT OF NORTHWEST IOWA. THE RC&D PROGRAM WILL HELP LOCAL PEOPLE OBTAIN AND COORDINATE TECHNICAL AND FINANCIAL ASSISTANCE AS NEEDED FROM A VARIETY OF PRIVATE, PUBLIC, AND GOVERNMENTAL SOURCES.RC&D ASSISTS COMMUNITIES AND INDIVIDUALS IN AN EIGHT COUNTY AREA OF NORTHWEST IOWA. THE IOWA LAKES RC&D COUNCIL PROVIDES A WAY FOR LOCAL PEOPLE TO PLAN AND IMPLEMENT PROJECTS THAT WILL MAKE THEIR COMMUNITIES BETTER PLACES TO LIVE. THEY ARE PART OF THE IOWA LEAGUE OF RC&DS,WHICH REPRESENTS ALL OF THE IOWA RC&D COUNCILS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROTECT AND DEVELOP ECONOMIC, NATURAL AND SOCIAL RESOURCES IN WAYS THAT HELP IMPROVE THE AREA'S ECONOMY, ENVIRONMENT, AND QUALITY OF LIFE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING EXPENSES 403 SUPPLIES 838 RENT,PARKING, UTILITIES 1,076 TELEPHONE 900 TRAVEL 2,150 CONFERENCES/MEETINGS 204 INSURANCE 2,467 TOTAL 8,038
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 22,859 7,517 TOTAL 22,859 7,517
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL LIABILITIES 0 1,256 ACCRUED WAGES 0 826 STATE W/H PAYABLE 0 393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF IOWA LAKES RC&D IS TO ADDRESS THE NATURAL AND HUMAN RESOURCES TO ADVANCE ECONOMIC AND SOCIAL BETTERMENT OF NORTHWEST IOWA. THE RC&D PROGRAM WILL HELP LOCAL PEOPLE OBTAIN AND COORDINATE TECHNICAL AND FINANCIAL ASSISTANCE AS NEEDED FROM A VARIETY OF PRIVATE, PUBLIC, AND GOVERNMENTAL SOURCES.RC&D ASSISTS COMMUNITIES AND INDIVIDUALS IN AN EIGHT COUNTY AREA OF NORTHWEST IOWA. THE IOWA LAKES RC&D COUNCIL PROVIDES A WAY FOR LOCAL PEOPLE TO PLAN AND IMPLEMENT PROJECTS THAT WILL MAKE THEIR COMMUNITIES BETTER PLACES TO LIVE. THEY ARE PART OF THE IOWA LEAGUE OF RC&DS,WHICH REPRESENTS ALL OF THE IOWA RC&D COUNCILS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDES CULTURAL RESOURCE/HISTORIC PRESERVATION ASSISTANCE THROUGH A HISTORIC PRESERVATION CONSULTANT/ARCHITECTURAL HISTORIAN. SERVICES INCLUDE ASSISTANCE WITH VARIOUS TYPES OF HISTORIC PRESERVATION,AND COMMUNITY AND ECONOMIC DEVELOPMENT PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/Filer/PhoneNum07123631533
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
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ReturnHeader/PreparerPersonGrp/PhoneNum07122621500
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHERRY L TITTERINGTON CPA
ReturnHeader/ReturnTs02016-06-30T12:00:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits