Civic Intelligence

Western Minnesota Industries Inc

990EZ • Fiscal year 2015 • EIN 36-3424793

Jan 01, 2015 to Dec 31, 2015 • Filed on May 18, 2016

Organization ProfileN/A

Refreshing map…

112 West Washington AveFergus Falls, MN 56537

(218) 739-2251

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

98th percentile

78%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Asset Growth

51st percentile

1.7%

Faster asset growth than 51% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

28th percentile

-11%

Faster revenue growth than 28% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$459,095

Up $7,520 (+1.7%) from 2014

Net Assets

Up

$459,095

Up $7,520 (+1.7%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin98th percentile

Revenue

Down

$9,616

Down $1,190 (-11%) from 2014

Expenses

Down

$2,096

Down $62 (-2.9%) from 2014

Net Income

Down

$7,520

Down $1,128 (-13%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth51st percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $3,152,966Liabilities 2010: $3,456,831Net Assets 2010: -$303,8652010Assets 2011: $3,048,274Liabilities 2011: $3,438,756Net Assets 2011: -$390,4822011Assets 2012: $432,351Liabilities 2012: $0Net Assets 2012: $432,3512012Assets 2013: $442,927Net Assets 2013: $442,9272013Assets 2014: $451,575Net Assets 2014: $451,5752014Assets 2015: $459,095Net Assets 2015: $459,0952015Assets 2016: $442,993Net Assets 2016: $442,9932016Assets 2017: $199,168Net Assets 2017: $199,1682017Assets 2020: $55,107Net Assets 2020: $55,1072020

Highlighted filing

2015

Assets$459,095
Liabilities-
Net Assets$459,095
Open 2015 Filing

Operations Trend

Revenue Growth28th percentile

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

$400K$200K$0-$200K-$400KExpenses 2010: $345,6142010Expenses 2011: $322,1432011Expenses 2012: $126,3762012Revenue 2013: $14,207Expenses 2013: $3,631Net Income 2013: $10,5762013Revenue 2014: $10,806Expenses 2014: $2,158Net Income 2014: $8,6482014Revenue 2015: $9,616Expenses 2015: $2,096Net Income 2015: $7,5202015Revenue 2016: $5,761Expenses 2016: $21,863Net Income 2016: -$16,1022016Revenue 2017: $26,197Expenses 2017: $270,022Net Income 2017: -$243,8252017Revenue 2020: $43Expenses 2020: $1,265Net Income 2020: -$1,2222020

Highlighted filing

2015

Revenue$9,616
Expenses$2,096
Net Income$7,520
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 18, 2016
Return Version
2015v2.1
Gross Receipts
$9,616
Mission and Program Overview

Mission

Attract new business to the city of fergus falls, mn in an effort to reduce unemployment and stimulate economic growth.

Program Services

DescriptionGrantsExpenses
EXPENDITURES OF RENT, INTEREST, AND MISCCELLANEOUS ITEMS WERE USED TO ATTRACT BUSINESSES TO FERGUS FALLS,MN TO REDUCE UNEMPLOYMENT AND STIMULATE ECONOMIC GROWTH.-$1,786
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DR GRANT COLLINGPresident-$0--
PAM BICESecretary/Tr-$0--
BOB JOHNSONDirector-$0--
GUY OLSONDirector-$0--
RICHARD BERGEDirector-$0--
BOB BLOCKDirector-$0--
STEVE ANDREWSDirector-$0--
GORDONEx Officio-$0--
Filing and Contact Details

Filer

Filer Name
Western Minnesota Industries
EIN
36-3424793
Phone
2187392251
Address
112 WEST WASHINGTON AVE, FERGUS FALLS, MN 56537

Signing Officer

Name
Dr Grant Colling
Title
President
Phone
2187392251
Signed
2016-05-18
Discuss with paid preparer
Yes

Preparer

Firm
Carlson Highland & Co Llp
Address
403 S UNION AVE, FERGUS FALLS, MN 56537
Preparer
Catherine Kulig CPA
Phone
2187393267
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses miscellaneous 48 insurance 1,738 total 1,786”

Form 990-ez, Part II, Line 24

“Accounts receivable 1,246 408 other loans 324,971 306,132 total 326,217 306,540”

Form 990-ez, Part III

“Attract new business to the city of fergus falls, mn in an effort to reduce unemployment and stimulate economic growth.”

Raw XML Appendix118 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/BusinessName/BusinessNameLine1Txt0CITY OF FERGUS FALLS
IRS990EZ/BooksInCareOfDetail/PhoneNum02187392251
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0112 WEST WASHINGTON AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FERGUS FALLS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056537
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0125358
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0152555
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt07520
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0310
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0451575
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0459095
IRS990EZ/GrossReceiptsAmt09616
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0451575
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0459095
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0451575
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0459095
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DR GRANT COLLING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAM BICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BOB JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GUY OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RICHARD BERGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BOB BLOCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6STEVE ANDREWS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7GORDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7EX OFFICIO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0326217
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0306540
IRS990EZ/OtherExpensesTotalAmt01786
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ATTRACT NEW BUSINESS TO THE CITY OF FERGUS FALLS, MN IN AN EFFORT TO REDUCE UNEMPLOYMENT AND STIMULATE ECONOMIC GROWTH.
IRS990EZ/ProgramServiceRevenueAmt09616
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXPENDITURES OF RENT, INTEREST, AND MISCCELLANEOUS ITEMS WERE USED TO ATTRACT BUSINESSES TO FERGUS FALLS,MN TO REDUCE UNEMPLOYMENT AND STIMULATE ECONOMIC GROWTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01786
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02096
IRS990EZ/TotalProgramServiceExpensesAmt01786
IRS990EZ/TotalRevenueAmt09616
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MISCELLANEOUS 48 INSURANCE 1,738 TOTAL 1,786
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 1,246 408 OTHER LOANS 324,971 306,132 TOTAL 326,217 306,540
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ATTRACT NEW BUSINESS TO THE CITY OF FERGUS FALLS, MN IN AN EFFORT TO REDUCE UNEMPLOYMENT AND STIMULATE ECONOMIC GROWTH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR GRANT COLLING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02187392251
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTERN MINNESOTA INDUSTRIES
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0363424793
ReturnHeader/Filer/PhoneNum02187392251
ReturnHeader/Filer/USAddress/AddressLine1Txt0112 WEST WASHINGTON AVE
ReturnHeader/Filer/USAddress/CityNm0FERGUS FALLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056537
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411562398
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARLSON HIGHLAND & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0403 S UNION AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FERGUS FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056537
ReturnHeader/PreparerPersonGrp/PhoneNum02187393267
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CATHERINE KULIG CPA
ReturnHeader/ReturnTs02016-05-19T08:35:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$459,095
Liabilities
-
Net assets
$459,095
Revenue
$9,616
Expenses
$2,096
Net income
$7,520
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.06$0.00$0.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.20$0.03$0.27$0.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.44$0.01$0.02$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.46$0.01$0.00$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.45$0.45$0.01$0.00$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.44$0.01$0.00$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.00$0.43$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$3.44$0.39$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.15$3.46$0.30$0.35