Civic Intelligence

Western Minnesota Industries Inc

990EZ • Fiscal year 2020 • EIN 36-3424793

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 24, 2021

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 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

1st percentile

-2842%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

42nd percentile

-2.2%

Faster asset growth than 42% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-30%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$55,107

Down $144,061 (-72%) from 2017

Net Assets

Down

$55,107

Down $144,061 (-72%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Down

$43

Down $26,154 (-100%) from 2017

Expenses

Down

$1,265

Down $268,757 (-100%) from 2017

Net Income

Up

-$1,222

Up $242,603 (+99%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth42nd 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

2020

Assets$55,107
Liabilities-
Net Assets$55,107
Open 2020 Filing

Operations Trend

Revenue Growth34th 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

2020

Revenue$43
Expenses$1,265
Net Income-$1,222
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 24, 2021
Return Version
2020v4.0
Gross Receipts
$43
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
THERE WERE NO GRANTS OR RELATED EXPENDITURES MADE IN 2020.--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAM BICEPres/Sec/Tre-$0--
GUY OLSONDirector-$0--
RICHARD BERGEDirector-$0--
JEFF ISAACDirector-$0--
KEVIN PETERSONDirector-$0--
CAROL SCHMALTZDirector-$0--
KLARA BECKEx 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
Pam Bice
Title
Pres/sec/treas
Phone
2187392251
Signed
2021-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Carlsonsv Llp
Address
2450 COLLEGE WAY, FERGUS FALLS, MN 56537
Preparer
Dean Birkeland CPA
Phone
2187393267
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses insurance 865 total 865”

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 Appendix117 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0PAM BICE
CompensationExplanation/CompensationExplanationGrp/PersonNm1GUY OLSON
CompensationExplanation/CompensationExplanationGrp/PersonNm2RICHARD BERGE
CompensationExplanation/CompensationExplanationGrp/PersonNm3JEFF ISAAC
CompensationExplanation/CompensationExplanationGrp/PersonNm4KEVIN PETERSON
CompensationExplanation/CompensationExplanationGrp/PersonNm5CAROL SCHMALTZ
CompensationExplanation/CompensationExplanationGrp/PersonNm6KLARA BECK
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/BOYAmt056329
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt055107
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1222
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt056329
IRS990EZ/Form990TotalAssetsGrp/EOYAmt055107
IRS990EZ/GrossReceiptsAmt043
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt043
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt056329
IRS990EZ/NetAssetsOrFundBalancesEOYAmt055107
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt056329
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt055107
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAM BICE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1GUY OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICHARD BERGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEFF ISAAC
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KEVIN PETERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CAROL SCHMALTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KLARA BECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRES/SEC/TRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6EX OFFICIO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0865
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ATTRACT NEW BUSINESS TO THE CITY OF FERGUS FALLS, MN IN AN EFFORT TO REDUCE UNEMPLOYMENT AND STIMULATE ECONOMIC GROWTH.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THERE WERE NO GRANTS OR RELATED EXPENDITURES MADE IN 2020.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01265
IRS990EZ/TotalRevenueAmt043
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 865 TOTAL 865
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ATTRACT 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 III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAM BICE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES/SEC/TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum02187392251
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-24
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/BusinessNameLine1Txt0CARLSONSV LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02450 COLLEGE WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FERGUS FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056537
ReturnHeader/PreparerPersonGrp/PhoneNum02187393267
ReturnHeader/PreparerPersonGrp/PreparationDt02021-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DEAN BIRKELAND CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-02T12:14:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BICE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,107
Liabilities
-
Net assets
$55,107
Revenue
$43
Expenses
$1,265
Net income
-$1,222
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$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