Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
990 • Fiscal year 2021 • EIN 36-3485273
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
53rd percentile
Higher debt load relative to assets than 53% of similar nonprofits.
Liabilities / Revenue
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
13th percentile
Higher top officer pay than 13% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
17th percentile
Faster asset growth than 17% of similar nonprofits.
Revenue Growth
6th percentile
Faster revenue growth than 6% of similar nonprofits.
Assets
Up$6,837,851
Up $31,705 (+0.5%) from 2020
Net Assets
Down$5,407,413
Down $25,127 (-0.5%) from 2020
Liabilities
Up$1,430,438
Up $56,832 (+4.1%) from 2020
Revenue
Down$659,813
Down $297,141 (-31%) from 2020
Expenses
Down$684,940
Down $424,449 (-38%) from 2020
Net Income
Up-$25,127
Up $127,308 (+84%) from 2020
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $2,906,276 | $2,819,769 | ▼ $86,507 |
| Land, Buildings, and Equipment, Net | $1,832,548 | $1,832,548 | → $0 |
| Other Notes and Loans Receivable, Net | $1,230,603 | $1,431,343 | ▲ $200,740 |
| Cash and Non-Interest-Bearing Accounts | $524,372 | $418,954 | ▼ $105,418 |
| Savings and Temporary Cash Investments | $49,836 | $49,836 | → $0 |
| Prepaid Expenses and Deferred Charges | $11,578 | $11,321 | ▼ $257 |
| Accounts Receivable | $694 | $0 | ▼ $694 |
| Total Assets | $6,806,146 | $6,837,851 | ▲ $31,705 |
| Other Assets Total | $250,239 | $274,080 | ▲ $23,841 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,308,922 | $1,361,679 | ▲ $52,757 |
| Accounts Payable and Accrued Expenses | $64,684 | $68,759 | ▲ $4,075 |
| Total Liabilities | $1,373,606 | $1,430,438 | ▲ $56,832 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $3,939,582 | $3,897,209 | ▼ $42,373 |
| Net Assets Without Donor Restrictions | $1,492,958 | $1,510,204 | ▲ $17,246 |
| Total Net Assets Fund Balance | $5,432,540 | $5,407,413 | ▼ $25,127 |
| Total Liabilities and Net Assets / Fund Balance | $6,806,146 | $6,837,851 | ▲ $31,705 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $-25 | - | - |
| Land | $1,832,548 | - | - |
| Name | Title |
|---|---|
| Josh Kasowski | President |
| Mary Lee Nielson | President-Elect |
| Bill Carlblom | Director |
| Bobby Koepplin | Director |
| Dean Kinney | Director |
| Dick Gulmon | Director |
| George Gaukler | Director |
| Luke Trapp | Director |
| Mary Simonson | Director |
| Matt Pedersen | Director |
| Mike Bishop | Director |
| Paige Bjornson | Director |
| Paul Diegel | Director |
| Pete Paulson | Director |
| Wade Bruns | Director |
| Line Item | Amount |
|---|---|
| Other Expenses | $514,126 |
| Grants and Similar Amounts Paid | $170,814 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | - | - | - | $170,814 |
| Office Expenses | - | - | - | $9,170 |
| Fees for Services Accounting | - | - | - | $5,435 |
| Other Expenses | - | - | - | $5,000 |
| All Other Expenses | - | - | - | $2,848 |
| Insurance | - | - | - | $968 |
| Information Technology | - | - | - | $441 |
| Advertising | - | - | - | $305 |
| Conferences and Meetings | - | - | - | $239 |
| Travel | - | - | - | $235 |
| Total Functional Expenses | $0 | $0 | $0 | $684,940 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Valley City Parks and Recreation | Valley City, ND | - | Assistance in Wellness Center project | $50,000 |
| Sheyenne Valley Community Foundation | Valley City, ND | - | Assistance in promoting new foundation and operations | $30,000 |
| Sheyenne Valley National Scenic Byway | Valley City, ND | - | Assistance in promoting and maintaining Byway amenities and tourism | $28,774 |
| South Central Dakota Regional Council | Jamestown, ND | - | Assistance through membership | $22,040 |
| Valley City Area Chamber of Commerce | Valley City, ND | - | Assistance in promoting small business development | $20,000 |
| Valley City Hockey and Figure Skating Club Inc | Valley City, ND | - | Assistance for the purchase of equipment | $10,000 |
| Valley Twisters Gymnastics Club Inc | Valley City, ND | - | Assistance for the purchase of equipment | $10,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“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.”
“Members of Valley City - Barnes County Development Corporation nominate and elect officers and directors at its annual meeting.”
“The Form 990 is presented to and discussed with the Board of Directors during a meeting.”
“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.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 64684 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 68759 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 694 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To promote economic development to the City of Valley City and surrounding Barnes County area. |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 305 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2848 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Valley City - Barnes County Development Corporation |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7018451891 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 250 Main Street |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Valley City |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 580720724 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 524372 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 418954 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 239 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 699709 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 170814 |
| IRS990/CYInvestmentIncomeAmt | 0 | 25003 |
| IRS990/CYOtherExpensesAmt | 0 | 514126 |
| IRS990/CYOtherRevenueAmt | 0 | -110330 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 45431 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -25127 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 684940 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 659813 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | To 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/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 3939582 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 3897209 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 50000 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5435 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Bobby Koepplin |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Wade Bruns |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Matt Pedersen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Mary Simonson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Paige Bjornson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Dick Gulmon |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | George Gaukler |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Mary Lee Nielson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Dean Kinney |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Bill Carlblom |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Luke Trapp |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Josh Kasowski |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Mike Bishop |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Pete Paulson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Paul Diegel |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | President-Elect |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1985 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 15 |
| IRS990/GovernmentGrantsAmt | 0 | 646279 |
| IRS990/GrantAmt | 0 | 50000 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 170814 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 980909 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 208362 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 15 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 441 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 968 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 25003 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 25003 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 2906276 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 2819769 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 1832548 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 1832548 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1832548 |
| IRS990/LegalDomicileStateCd | 0 | ND |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 321096 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 53430 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | To promote economic development to the City of Valley City and surrounding Barnes County area. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1308922 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1361679 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5432540 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5407413 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -112734 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -112734 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1492958 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1510204 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 9170 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 250239 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 274080 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | Project expenses |
| IRS990/OtherExpensesGrp/Desc | 1 | Administrative Service |
| IRS990/OtherExpensesGrp/Desc | 2 | Marketing and Promotion |
| IRS990/OtherExpensesGrp/Desc | 3 | Bad Debts Expense |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 233534 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 198117 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 57834 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 5000 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 531390 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MISCELLANEOUS INCOME |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2404 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2404 |
| IRS990/OtherRevenueTotalAmt | 0 | 2404 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 1230603 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1431343 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 11578 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 11321 |
| IRS990/PrincipalOfficerNm | 0 | Josh Kasowski |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531390 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Administrative Fees |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Event income |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Refunds and Sponsorships |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 28099 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 9747 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 7585 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 28099 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 9747 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 7585 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | to support South Central Dakota Regional Council services through membership |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 22040 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 22040 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | to support Sheyenne Valley National Scenic Byway marketing efforts to promote Byway amenities and tourism. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 28774 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 28774 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | various grants in support of Quality of Place initiative |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 70000 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 70000 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 988045 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 245566 |
| IRS990/PYInvestmentIncomeAmt | 0 | 24942 |
| IRS990/PYOtherExpensesAmt | 0 | 863823 |
| IRS990/PYOtherRevenueAmt | 0 | -128181 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 72148 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -152435 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 1109389 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 956954 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -25127 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 0 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 1 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -112734 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 49836 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 49836 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 621094 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 119411 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 81650 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 3 | 1997639 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 4 | -25 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | Investment in Regional Technology Center |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | Investment in Data Tranz, LLC |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | Investment in Valley City Development Corp |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 3 | Investment in Tech II Building |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 4 | Investment in Valley City Theater |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 3 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 4 | C |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 1832548 |
| IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt | 0 | 1832548 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 1832548 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 2819769 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 1 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 20000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 28774 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 50000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 3 | 30000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 4 | 10000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 5 | 10000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 6 | 22040 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Assistance in promoting small business development |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | Assistance in promoting and maintaining Byway amenities and tourism |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | Assistance in Wellness Center project |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 3 | Assistance in promoting new foundation and operations |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 4 | Assistance for the purchase of equipment |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 5 | Assistance for the purchase of equipment |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 6 | Assistance through membership |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 7 | Assistance for the purchase of equipment |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 8 | Assistance for the purchase of equipment |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Valley City Area Chamber of Commerce |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | Sheyenne Valley National Scenic Byway |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | Valley City Parks and Recreation |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 3 | Sheyenne Valley Community Foundation |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 4 | Valley City Hockey and Figure Skating Club Inc |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 5 | Valley Twisters Gymnastics Club Inc |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 6 | South Central Dakota Regional Council |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 450118780 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 263619526 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 450375502 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 3 | 464371645 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 4 | 450391358 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 5 | 450389562 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 6 | 450319431 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 250 West Main St |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 250 West Main St |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 733 8th Ave SW |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 3 | 250 West Main St |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 4 | PO Box 91 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 5 | PO Box 702 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 6 | 429 - 2nd Street SW Suite 208 |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Valley City |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | Valley City |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | Valley City |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 3 | Valley City |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 4 | Valley City |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 5 | Valley City |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 6 | Jamestown |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 1 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 2 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 3 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 4 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 5 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 6 | ND |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 58072 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 1 | 58072 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 2 | 58072 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 3 | 58072 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 4 | 58072 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 5 | 58072 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 6 | 584020903 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Members of Valley City - Barnes County Development Corporation nominate and elect officers and directors at its annual meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The Form 990 is presented to and discussed with the Board of Directors during a meeting. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.