Civic Intelligence

Valley City - Barnes County Development Corporation

990 • Fiscal year 2019 • EIN 36-3485273

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 04, 2020

PO Box 724Valley City, ND 58072

(701) 845-1891

Siviq Scores

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

Liabilities / Assets

46th percentile

0.20x

Higher debt load relative to assets than 46% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

94th percentile

1.53x

Higher debt load relative to revenue than 94% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

54th percentile

4.5%

Higher net margin than 54% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

30th percentile

1.1%

Faster asset growth than 30% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

14th percentile

-8.5%

Faster revenue growth than 14% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$6,939,102

Up $75,097 (+1.1%) from 2018

Net Assets

Up

$5,584,975

Up $39,430 (+0.7%) from 2018

Liabilities

Up

$1,354,127

Up $35,667 (+2.7%) from 2018

Revenue

Down

$884,302

Down $82,165 (-8.5%) from 2018

Expenses

Up

$844,872

Up $37,227 (+4.6%) from 2018

Net Income

Down

$39,430

Down $119,392 (-75%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $4,745,154Liabilities 2013: $374,450Net Assets 2013: $4,370,7042013Assets 2014: $4,784,493Liabilities 2014: $371,782Net Assets 2014: $4,412,7112014Assets 2015: $5,061,234Liabilities 2015: $376,233Net Assets 2015: $4,685,0012015Assets 2016: $5,388,376Liabilities 2016: $365,751Net Assets 2016: $5,022,6252016Assets 2018: $6,864,005Liabilities 2018: $1,318,460Net Assets 2018: $5,545,5452018Assets 2019: $6,939,102Liabilities 2019: $1,354,127Net Assets 2019: $5,584,9752019Assets 2020: $6,806,146Liabilities 2020: $1,373,606Net Assets 2020: $5,432,5402020Assets 2022: $6,644,931Liabilities 2022: $1,428,705Net Assets 2022: $5,216,2262022Assets 2025: $6,149,594Liabilities 2025: $1,060,103Net Assets 2025: $5,089,4912025

Highlighted filing

2019

Assets$6,939,102
Liabilities$1,354,127
Net Assets$5,584,975

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $2,286,7652013Revenue 2014: $435,096Expenses 2014: $393,089Net Income 2014: $42,0072014Revenue 2015: $790,042Expenses 2015: $517,752Net Income 2015: $272,2902015Revenue 2016: $991,597Expenses 2016: $653,973Net Income 2016: $337,6242016Revenue 2018: $966,467Expenses 2018: $807,645Net Income 2018: $158,8222018Revenue 2019: $884,302Expenses 2019: $844,872Net Income 2019: $39,4302019Revenue 2020: $956,954Expenses 2020: $1,109,389Net Income 2020: -$152,4352020Revenue 2022: $677,456Expenses 2022: $868,643Net Income 2022: -$191,1872022Revenue 2025: $1,591,108Expenses 2025: $1,574,756Net Income 2025: $16,3522025

Highlighted filing

2019

Revenue$884,302
Expenses$844,872
Net Income$39,430
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 4, 2020
Return Version
2018v3.2
Gross Receipts
$1,248,963
Mission and Program Overview

Mission

To promote economic development in the City of Valley City and surrounding Barnes County area.

To promote economic development to the City of Valley City and surrounding Barnes County area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,132,038$2,998,449▼ $133,589
Land, Buildings, and Equipment, Net$2,098,886$2,098,886→ $0
Other Notes and Loans Receivable, Net$1,100,859$1,158,717▲ $57,858
Cash and Non-Interest-Bearing Accounts$183,646$321,365▲ $137,719
Savings and Temporary Cash Investments$99,987$99,987→ $0
Accounts Receivable$38,719$26,205▼ $12,514
Prepaid Expenses and Deferred Charges$6,633$9,044▲ $2,411
Total Assets$6,864,005$6,939,102▲ $75,097
Other Assets Total$203,237$226,449▲ $23,212
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,269,414$1,291,556▲ $22,142
Accounts Payable and Accrued Expenses$49,046$62,571▲ $13,525
Total Liabilities$1,318,460$1,354,127▲ $35,667
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,359,016$4,065,757▲ $2,706,741
Temporarily Rstr Net Assets$2,467,800$0▼ $2,467,800
Unrestricted Net Assets$1,718,729$1,519,218▼ $199,511
Total Net Assets Fund Balance$5,545,545$5,584,975▲ $39,430
Total Liabilities and Net Assets / Fund Balance$6,864,005$6,939,102▲ $75,097

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$-78--
Land$2,098,886--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paige BjornsonPast-President
JoAnn HooperPresident
Josh KasowskiPresident-Elect
Bill CarlblomDirector
Bob KoepplinDirector
Dave CarlsrudDirector
Dean KinneyDirector
George GauklerDirector
John FroelichDirector
Luke TrappDirector
Mary Lee NielsonDirector
Mary SimonsonDirector
Matt PedersenDirector
Mike BishopDirector
Wade BrunsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$709,710
Program Service Revenue
$81,203
Investment Income
$34,863
Other Revenue
$58,526
All Other Contributions
$59,645
Change in Net Assets
$39,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$672,872
Grants and Similar Amounts Paid$172,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$172,000
Office Expenses---$7,965
Fees for Services Accounting---$5,260
Other Expenses---$5,000
All Other Expenses---$3,006
Conferences and Meetings---$1,100
Insurance---$783
Travel---$609
Information Technology---$595
Advertising---$52
Total Functional Expenses$0$0$0$844,872
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Valley City Parks and RecreationValley City, ND-Assistance in Wellness Center project and City Park concession stand$100,000
Valley City State UniversityValley City, ND-Assistance in expanding student enrollment$20,000
Sheyenne Valley National Scenic BywayValley City, ND-Assistance in promoting and maintaining Byway amenities and tourism$17,000
Valley City Area Chamber of CommerceValley City, ND-Assistance in promoting small business developmentAssistance in promoting small business development Assistance in promoting small business development$12,500
American Legion Post 236Wimbledon, ND-Assistance in building improvements and quality of place$7,500
Inspire CounselingValley City, ND-Assistance in start up costs.$5,000
Sheyenne Valley Community FoundationValley City, ND-Assistance in promoting new foundation and operationsAssistance in building repairs$5,000
Valley City Public SchoolsValley City, ND-Assistance in adding Master's Degree Dual Credit Program$5,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Any person interested in becoming a member of the Valley City - Barnes County Development Corporation submits an application and membership dues to the Corporation. Each member in good standing is entitled to one vote on matters submitted to a vote of all the members.

Form 990, Part VI, Section A, line 7A

Members of Valley City - Barnes County Development Corporation nominate and elect officers and directors at its annual meeting.

Form 990, Part VI, Section B, line 11B

The Form 990 is presented to and discussed with the Board of Directors during a meeting.

Form 990, Part VI, Section C, line 19

All governing documents, policies, and financial statements are made available for public inspection in the offices located at 250 W Main St., Valley City, ND 58072, upon request to the Director of Development.

Filing and Contact Details

Filer

Filer Name
Valley City - Barnes County Development
EIN
36-3485273
Phone
7018451891
Address
PO Box 724, Valley City, ND 58072

Signing Officer

Name
Josh Kasowski
Title
President
Phone
7018451891
Signed
2020-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Kasowski
Formed
1985
Legal Domicile
Nd
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
20

Preparer

Firm
Ludvigson Braun and Co
Address
PO BOX 845, VALLEY CITY, ND 58072-0845
Preparer
Matthew D Pedersen CPA
Phone
7018451457
Raw XML AppendixShowing 400 of 517 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt049046
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt062571
IRS990/AccountsReceivableGrp/BOYAmt038719
IRS990/AccountsReceivableGrp/EOYAmt026205
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To promote economic development to the City of Valley City and surrounding Barnes County area.
IRS990/AdvertisingGrp/TotalAmt052
IRS990/AllOtherContributionsAmt059645
IRS990/AllOtherExpensesGrp/TotalAmt03006
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Valley City - Barnes County Development Corporation
IRS990/BooksInCareOfDetail/PhoneNum07018451891
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0250 Main Street
IRS990/BooksInCareOfDetail/USAddress/CityNm0Valley City
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0580720724
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0183646
IRS990/CashNonInterestBearingGrp/EOYAmt0321365
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/TotalAmt01100
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0709710
IRS990/CYGrantsAndSimilarPaidAmt0172000
IRS990/CYInvestmentIncomeAmt034863
IRS990/CYOtherExpensesAmt0672872
IRS990/CYOtherRevenueAmt058526
IRS990/CYProgramServiceRevenueAmt081203
IRS990/CYRevenuesLessExpensesAmt039430
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0844872
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0884302
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0To support the operations of the Gaukler Family Wellness Center in Valley City, ND as part of the Corporation's focus on "Quality of Place" in our community and surrounding areas.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0100000
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt05260
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt145.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0Bob Koepplin
IRS990/Form990PartVIISectionAGrp/PersonNm1Wade Bruns
IRS990/Form990PartVIISectionAGrp/PersonNm2Matt Pedersen
IRS990/Form990PartVIISectionAGrp/PersonNm3Mary Simonson
IRS990/Form990PartVIISectionAGrp/PersonNm4George Gaukler
IRS990/Form990PartVIISectionAGrp/PersonNm5Mary Lee Nielson
IRS990/Form990PartVIISectionAGrp/PersonNm6Dean Kinney
IRS990/Form990PartVIISectionAGrp/PersonNm7Bill Carlblom
IRS990/Form990PartVIISectionAGrp/PersonNm8Luke Trapp
IRS990/Form990PartVIISectionAGrp/PersonNm9Mike Bishop
IRS990/Form990PartVIISectionAGrp/PersonNm10John Froelich
IRS990/Form990PartVIISectionAGrp/PersonNm11Dave Carlsrud
IRS990/Form990PartVIISectionAGrp/PersonNm12Paige Bjornson
IRS990/Form990PartVIISectionAGrp/PersonNm13JoAnn Hooper
IRS990/Form990PartVIISectionAGrp/PersonNm14Josh Kasowski
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Past-President
IRS990/Form990PartVIISectionAGrp/TitleTxt13President
IRS990/Form990PartVIISectionAGrp/TitleTxt14President-Elect
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GovernmentGrantsAmt0650065
IRS990/GrantAmt0100000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0172000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01248963
IRS990/GrossRentsGrp/RealAmt0416592
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt0595
IRS990/InsuranceGrp/TotalAmt0783
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt034863
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034863
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03132038
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02998449
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02098886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02098886
IRS990/LandBldgEquipCostOrOtherBssAmt02098886
IRS990/LegalDomicileStateCd0ND
IRS990/LessRentalExpensesGrp/RealAmt0364661
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To promote economic development to the City of Valley City and surrounding Barnes County area.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01269414
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01291556
IRS990/NetAssetsOrFundBalancesBOYAmt05545545
IRS990/NetAssetsOrFundBalancesEOYAmt05584975
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt051931
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt051931
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt07965
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0203237
IRS990/OtherAssetsTotalGrp/EOYAmt0226449
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Project expenses
IRS990/OtherExpensesGrp/Desc1Administrative Service
IRS990/OtherExpensesGrp/Desc2Marketing and Promotion
IRS990/OtherExpensesGrp/Desc3Bad Debts Expense
IRS990/OtherExpensesGrp/TotalAmt0369846
IRS990/OtherExpensesGrp/TotalAmt1187229
IRS990/OtherExpensesGrp/TotalAmt291427
IRS990/OtherExpensesGrp/TotalAmt35000
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06595
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06595
IRS990/OtherRevenueTotalAmt06595
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01100859
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01158717
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01359016
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt04065757
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06633
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09044
IRS990/PrincipalOfficerNm0Josh Kasowski
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0Refunds and Sponsorshi
IRS990/ProgramServiceRevenueGrp/Desc1Administrative Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt050970
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130233
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt050970
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130233
IRS990/ProgSrvcAccomActy2Grp/Desc0to support Valley City State University marketing campaign to increase student enrollment.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt020000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt020000
IRS990/ProgSrvcAccomActy3Grp/Desc0to support Sheyenne Valley National Scenic Byway marketing efforts to promote Byway amenities and tourism.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt017000
IRS990/ProgSrvcAccomActy3Grp/GrantAmt017000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0various grants in support of Quality of Place initiative
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt035000
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt035000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0977624
IRS990/PYGrantsAndSimilarPaidAmt0170804
IRS990/PYInvestmentIncomeAmt030896
IRS990/PYOtherExpensesAmt0636841
IRS990/PYOtherRevenueAmt0-87873
IRS990/PYProgramServiceRevenueAmt045820
IRS990/PYRevenuesLessExpensesAmt0158822
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0807645
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0966467
IRS990/ReconcilationRevenueExpnssAmt039430
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt051931
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt099987
IRS990/SavingsAndTempCashInvstGrp/EOYAmt099987
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0678242
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1120417
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt281650
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt32118218
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4-78
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Investment in Regional Technology Center
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Investment in Data Tranz, LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2Investment in Valley City Development Corp
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3Investment in Tech II Building
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4Investment in Valley City Theater
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/LandGrp/BookValueAmt02098886
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02098886
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02098886
IRS990ScheduleD/TotalBookValueProgramRltdAmt02998449
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt012500
IRS990ScheduleI/RecipientTable/CashGrantAmt117000
IRS990ScheduleI/RecipientTable/CashGrantAmt2100000
IRS990ScheduleI/RecipientTable/CashGrantAmt35000
IRS990ScheduleI/RecipientTable/CashGrantAmt47500
IRS990ScheduleI/RecipientTable/CashGrantAmt55000
IRS990ScheduleI/RecipientTable/CashGrantAmt620000
IRS990ScheduleI/RecipientTable/CashGrantAmt75000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Assistance in promoting small business developmentAssistance in promoting small business development Assistance in promoting small business development
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Assistance in promoting and maintaining Byway amenities and tourism
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Assistance in Wellness Center project and City Park concession stand
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Assistance in promoting new foundation and operationsAssistance in building repairs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4Assistance in building improvements and quality of place
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5Assistance in start up costs.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6Assistance in expanding student enrollment
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7Assistance in adding Master's Degree Dual Credit Program
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Valley City Area Chamber of Commerce
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Sheyenne Valley National Scenic Byway
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Valley City Parks and Recreation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Sheyenne Valley Community Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4American Legion Post 236
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Inspire Counseling
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6Valley City State University
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Valley City Public Schools
IRS990ScheduleI/RecipientTable/RecipientEIN0450118780
IRS990ScheduleI/RecipientTable/RecipientEIN1263619526
IRS990ScheduleI/RecipientTable/RecipientEIN2450375502
IRS990ScheduleI/RecipientTable/RecipientEIN3464371645
IRS990ScheduleI/RecipientTable/RecipientEIN4237085856
IRS990ScheduleI/RecipientTable/RecipientEIN5501044350
IRS990ScheduleI/RecipientTable/RecipientEIN6456002482
IRS990ScheduleI/RecipientTable/RecipientEIN7456000025
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0250 W Main St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1250 West Main St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2140 4th St SW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3250 West Main St
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4206 3rd Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5333 2nd St NW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6101 College St SW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7460 Central Ave N
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Valley City
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Valley City
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Valley City
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Valley City
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Wimbledon
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Valley City
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Valley City
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Valley City
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058072
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd158072
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd258072
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd358072
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd458492
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd558072
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd658072
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd758072
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Any person interested in becoming a member of the Valley City - Barnes County Development Corporation submits an application and membership dues to the Corporation. Each member in good standing is entitled to one vote on matters submitted to a vote of all the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of Valley City - Barnes County Development Corporation nominate and elect officers and directors at its annual meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is presented to and discussed with the Board of Directors during a meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents, policies, and financial statements are made available for public inspection in the offices located at 250 W Main St., Valley City, ND 58072, upon request to the Director of Development.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • $5M-$10M nonprofits