Civic Intelligence

Prairie City Economic Development Corp

EIN 32-0288574 • 501(c)3 • Prairie City, IA

Profile

To aid the economic and cultural development of the town of prairie city, iowa, and its general vicinity.

203 E Jefferson StPrairie City, IA 50228

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

11th percentile

-72%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

53rd percentile

-0.3%

Faster asset growth than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

52nd percentile

-0.3%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$224,857

Down $723 (-0.3%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$224,857

Down $723 (-0.3%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin11th percentile

Revenue

Down

$1,000

Down $3 (-0.3%) from 2022

Expenses

Down

$1,723

Down $4,908 (-74%) from 2022

Net Income

Up

-$723

Up $4,905 (+87%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth53rd percentile

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

$300K$200K$100K$0Assets 2021: $231,208Net Assets 2021: $231,2082021Assets 2022: $225,580Net Assets 2022: $225,5802022Assets 2023: $224,857Net Assets 2023: $224,8572023

Highlighted filing

2023

Assets$224,857
Liabilities-
Net Assets$224,857
Open 2023 Filing

Operations Trend

Revenue Growth52nd percentile

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

$100K$50K$0-$50KRevenue 2021: $36,575Expenses 2021: $61,410Net Income 2021: -$24,8352021Revenue 2022: $1,003Expenses 2022: $6,631Net Income 2022: -$5,6282022Revenue 2023: $1,000Expenses 2023: $1,723Net Income 2023: -$7232023

Highlighted filing

2023

Revenue$1,000
Expenses$1,723
Net Income-$723
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$224,857
Liabilities
-
Net assets
$224,857
Revenue
$1,000
Expenses
$1,723
Net income
-$723
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$2.25$0.01$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.26$2.26$0.01$0.07$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.31$2.31$0.37$0.61$0.25
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 20, 2023
Return Version
2022v5.0
Gross Receipts
$1,003
Mission and Program Overview

Mission

To aid the economic and cultural development of the town of prairie city, iowa, and its general vicinity.

Program Services

DescriptionGrantsExpenses
ACQUIRE AND SELL LAND TO CREATE NEW BUSINESS OPPOURTNITIES TO ENHANCE ECONOMIC DEVELOPMENT IN THE COMMUNITY-$4,500
RENT UNSOLD LAND TO RAISE INCOME FOR USE IN CHARITABLE PURPOSES--
PROMOTE BUSINESS AND ECONOMIC DEVELOPMENT WITHIN THE COMMUNITY--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIC IMERMANPresident-$0--
SCOTT DEVRIESTreasurer-$0--
JEFF DAVIDSONTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Prairie City Economic Development Corp
EIN
32-0288574
Phone
5153397924
Address
203 E JEFFERSON ST, PRAIRIE CITY, IA 50228

Signing Officer

Name
Eric Imerman
Title
President
Signed
2023-07-20
Discuss with paid preparer
Yes

Preparer

Firm
Tarbell & Co Plc
Address
1466 28TH STREET SUITE 100, WEST DES MOINES, IA 50266
Preparer
Tim Tarbell CPA
Phone
5152820200
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $1716”

Other Expenses.1

“BANK CHARGES $15”

Other Assets.1009

“Notes and Loans Receivable - Beginning $22500 Notes and Loans Receivable - Ending $0”

Raw XML Appendix136 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/PersonNm0ERIC IMERMAN
IRS990EZ/BooksInCareOfDetail/PhoneNum05153397924
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0203 E JEFFERSON ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PRAIRIE CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050228
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt065752
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt082624
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5628
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0231208
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0225580
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt01003
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01003
IRS990EZ/LandAndBuildingsGrp/BOYAmt0142956
IRS990EZ/LandAndBuildingsGrp/EOYAmt0142956
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0231208
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0225580
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0231208
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0225580
IRS990EZ/OccupancyRentUtltsAndMaintAmt04500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ERIC IMERMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SCOTT DEVRIES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFF DAVIDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt022500
IRS990EZ/OtherExpensesTotalAmt01731
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO AID THE ECONOMIC AND CULTURAL DEVELOPMENT OF THE TOWN OF PRAIRIE CITY, IOWA, AND ITS GENERAL VICINITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ACQUIRE AND SELL LAND TO CREATE NEW BUSINESS OPPOURTNITIES TO ENHANCE ECONOMIC DEVELOPMENT IN THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1RENT UNSOLD LAND TO RAISE INCOME FOR USE IN CHARITABLE PURPOSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROMOTE BUSINESS AND ECONOMIC DEVELOPMENT WITHIN THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06631
IRS990EZ/TotalProgramServiceExpensesAmt04500
IRS990EZ/TotalRevenueAmt01003
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt045
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt045
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt045
IRS990ScheduleA/TotalSupportAmt045
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $1716
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK CHARGES $15
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Notes and Loans Receivable - Beginning $22500 Notes and Loans Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1009
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC IMERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PRAIRIE CITY ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0PRAI
ReturnHeader/Filer/EIN0320288574
ReturnHeader/Filer/PhoneNum05153397924
ReturnHeader/Filer/USAddress/AddressLine1Txt0203 E JEFFERSON ST
ReturnHeader/Filer/USAddress/CityNm0PRAIRIE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050228
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421443361
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TARBELL & CO PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01466 28TH STREET SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WEST DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050266
ReturnHeader/PreparerPersonGrp/PhoneNum05152820200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tim Tarbell CPA
ReturnHeader/ReturnTs02023-07-20T11:25:49-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ERIC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0IMERMAN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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