Civic Intelligence

Leeds Economic Development Corporation

990 • Fiscal year 2020 • EIN 36-3719006

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 12, 2021

Organization ProfileN/A
PO Box 243Leeds, ND 58346

(701) 739-7158

Siviq Scores

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

Liabilities / Assets

26th percentile

0.03x

Higher debt load relative to assets than 26% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.05x

Higher debt load relative to revenue than 27% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

99th percentile

88%

Higher net margin than 99% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

98th percentile

112%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

315%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$604,846

Up $318,896 (+112%) from 2019

Net Assets

Up

$587,304

Up $301,354 (+105%) from 2019

Liabilities

Up

$17,542

Up $17,542 from 2019

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin99th percentile

Revenue

Up

$340,282

Up $258,329 (+315%) from 2019

Expenses

Down

$41,699

Down $32,886 (-44%) from 2019

Net Income

Up

$298,583

Up $291,215 (+3952%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$1.5M$1.0M$500K$0Assets 2015: $213,845Liabilities 2015: $0Net Assets 2015: $213,8452015Assets 2016: $242,791Liabilities 2016: $0Net Assets 2016: $242,7912016Assets 2017: $250,514Liabilities 2017: $0Net Assets 2017: $250,5142017Assets 2018: $277,033Liabilities 2018: $0Net Assets 2018: $277,0332018Assets 2019: $285,950Liabilities 2019: $0Net Assets 2019: $285,9502019Assets 2020: $604,846Liabilities 2020: $17,542Net Assets 2020: $587,3042020Assets 2021: $807,282Liabilities 2021: $0Net Assets 2021: $807,2822021Assets 2022: $913,467Liabilities 2022: $0Net Assets 2022: $913,4672022Assets 2023: $1,000,514Liabilities 2023: $0Net Assets 2023: $1,000,5142023Assets 2024: $1,101,566Liabilities 2024: $0Net Assets 2024: $1,101,5662024

Highlighted filing

2020

Assets$604,846
Liabilities$17,542
Net Assets$587,304
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

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

$400K$300K$200K$100K$0Revenue 2015: $56,386Expenses 2015: $51,570Net Income 2015: $4,8162015Revenue 2016: $63,373Expenses 2016: $34,427Net Income 2016: $28,9462016Revenue 2017: $56,850Expenses 2017: $49,127Net Income 2017: $7,7232017Revenue 2018: $84,019Expenses 2018: $55,457Net Income 2018: $28,5622018Revenue 2019: $81,953Expenses 2019: $74,585Net Income 2019: $7,3682019Revenue 2020: $340,282Expenses 2020: $41,699Net Income 2020: $298,5832020Revenue 2021: $348,905Expenses 2021: $128,927Net Income 2021: $219,9782021Revenue 2022: $279,437Expenses 2022: $173,252Net Income 2022: $106,1852022Revenue 2023: $296,461Expenses 2023: $209,414Net Income 2023: $87,0472023Revenue 2024: $287,604Expenses 2024: $188,985Net Income 2024: $98,6192024

Highlighted filing

2020

Revenue$340,282
Expenses$41,699
Net Income$298,583
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 12, 2021
Return Version
2020v4.1
Gross Receipts
$2,381,310
Mission and Program Overview

Mission

Local economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$285,950$587,304▲ $301,354
Land, Buildings, and Equipment, Net$125,123$384,324▲ $259,201
Cash and Non-Interest-Bearing Accounts$129,258$183,819▲ $54,561
Savings and Temporary Cash Investments$31,569$36,703▲ $5,134
Total Assets$285,950$604,846▲ $318,896
Liabilities
Accounts Payable and Accrued Expenses-$17,542-
Total Liabilities$0$17,542▲ $17,542
Net Assets / Fund Balance
Total Net Assets Fund Balance$285,950$587,304▲ $301,354
Total Liabilities and Net Assets / Fund Balance$285,950$604,846▲ $318,896

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$333,053$116,334$449,387
Leasehold Improvements$18,103$22,427$40,530
Equipment$6,859$23,589$30,448
Land$26,309-$26,309
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Roger KennerPresident
Keith StreyleVice President
Curtis JacobsonDirector
Dennis PaulsonDirector
Duane JacobsonDirector
Erica KennerDirector
Kyle NelsenDirector
Patrick StreyleDirector
Robert BubachDirector
Steve JorgensonDirector
Tony GrautenDirector
Ron HofstrandSecretary
Glenn HoffmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$202,038
Program Service Revenue
$36,730
Investment Income
$2,363
Other Revenue
$99,151
All Other Contributions
$88,500
Change in Net Assets
$298,583
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,610
Other Expenses$17,089
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$24,610--$24,610
Depreciation Depletion$0$0$0$7,402
Occupancy$6,549$0$0$6,549
Office Expenses$1,042$0$0$1,042
Insurance$0$810$0$810
Fees for Services Accounting$0$565$0$565
Other Expenses$0$429$0$429
Advertising$292$0$0$292
Total Functional Expenses$32,493$1,804$0$41,699
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Leeds Park BoardLeeds, ND-Operating Support$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$2,140,179
Gaming Direct Expenses$2,041,028
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
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Leeds Economic Development Corporation
EIN
36-3719006
Phone
7017397158
Address
PO BOX 243, LEEDS, ND 58346

Signing Officer

Name
Glenn Hoffmann
Title
Treasurer
Phone
7017397158
Signed
2021-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Hoffman
Formed
1996
Legal Domicile
Nd
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
8

Preparer

Firm
Marianne Sears CPA
Address
4925 Hwy 30, MADDOCK, ND 58348
Preparer
Marianne Sears
Phone
7013512282
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Open for review at meeting”

Raw XML Appendix393 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017542
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0LOCAL ECONOMIC DEVELOPMENT
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt0292
IRS990/AdvertisingGrp/TotalAmt0292
IRS990/AllOtherContributionsAmt088500
IRS990/BooksInCareOfDetail/PersonNm0TREASURER
IRS990/BooksInCareOfDetail/PhoneNum07017397158
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0GLENN HOFFMAN
IRS990/BooksInCareOfDetail/USAddress/CityNm0LEEDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990/BooksInCareOfDetail/USAddress/ZIPCd058346
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0129258
IRS990/CashNonInterestBearingGrp/EOYAmt0183819
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0202038
IRS990/CYGrantsAndSimilarPaidAmt024610
IRS990/CYInvestmentIncomeAmt02363
IRS990/CYOtherExpensesAmt017089
IRS990/CYOtherRevenueAmt099151
IRS990/CYProgramServiceRevenueAmt036730
IRS990/CYRevenuesLessExpensesAmt0298583
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt041699
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0340282
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt00
IRS990/DepreciationDepletionGrp/TotalAmt07402
IRS990/Desc0TO ACT AS AGENT OR TRUSTEE IN COOPERATIVE RELATIONSHIPS IN THE RETENTION AND DEVLOPMENT OF THE CITY AND ADJACENT TRADE AREA WHILE PROMOTING ECONOMIC GROWTH.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0565
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt0565
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
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/IndividualTrusteeOrDirectorInd12X
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/PersonNm0ROGER KENNER
IRS990/Form990PartVIISectionAGrp/PersonNm1KEITH STREYLE
IRS990/Form990PartVIISectionAGrp/PersonNm2RON HOFSTRAND
IRS990/Form990PartVIISectionAGrp/PersonNm3GLENN HOFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4DENNIS PAULSON
IRS990/Form990PartVIISectionAGrp/PersonNm5KYLE NELSEN
IRS990/Form990PartVIISectionAGrp/PersonNm6STEVE JORGENSON
IRS990/Form990PartVIISectionAGrp/PersonNm7CURTIS JACOBSON
IRS990/Form990PartVIISectionAGrp/PersonNm8DUANE JACOBSON
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT BUBACH
IRS990/Form990PartVIISectionAGrp/PersonNm10ERICA KENNER
IRS990/Form990PartVIISectionAGrp/PersonNm11TONY GRAUTEN
IRS990/Form990PartVIISectionAGrp/PersonNm12PATRICK STREYLE
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/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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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/TitleTxt12DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0true
IRS990/GamingDirectExpensesAmt02041028
IRS990/GamingGrossIncomeAmt02140179
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0113538
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt024610
IRS990/GrantsToDomesticOrgsGrp/TotalAmt024610
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02381310
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0810
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt0810
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02363
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0162350
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0125123
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0384324
IRS990/LandBldgEquipCostOrOtherBssAmt0546674
IRS990/LegalDomicileStateCd0ND
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LOCAL ECONOMIC DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0285950
IRS990/NetAssetsOrFundBalancesEOYAmt0587304
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt099151
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt099151
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02771
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt06549
IRS990/OccupancyGrp/TotalAmt06549
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt01042
IRS990/OfficeExpensesGrp/TotalAmt01042
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MISC
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0429
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt0429
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0GLENN HOFFMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt036730
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt057980
IRS990/PYInvestmentIncomeAmt02071
IRS990/PYOtherExpensesAmt016605
IRS990/PYOtherRevenueAmt067882
IRS990/PYProgramServiceRevenueAmt012000
IRS990/PYRevenuesLessExpensesAmt07368
IRS990/PYTotalExpensesAmt074585
IRS990/PYTotalRevenueAmt081953
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0298583
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0285950
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0587304
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031569
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036703
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0333053
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0116334
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0449387
IRS990ScheduleD/EquipmentGrp/BookValueAmt06859
IRS990ScheduleD/EquipmentGrp/DepreciationAmt023589
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030448
IRS990ScheduleD/LandGrp/BookValueAmt026309
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt026309
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt018103
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022427
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt040530
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0384324
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt022700
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt09560
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt01845554
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt01877814
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt02041028
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt030882
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt014340
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt02094957
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt02140179
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt099151
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesOtherGamingAmt07438
IRS990ScheduleG/GamingInformationGrp/NonCashPrizesTotalGamingAmt07438
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0140511
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0140511
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt015265
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt015265
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoPct00.40000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsPct00.50000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/StatesWhereGamingConductedCd0ND
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LEEDS PARK BOARD
IRS990ScheduleI/RecipientTable/RecipientEIN0450363246
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 55
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LEEDS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0ND
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd058346
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPEN FOR REVIEW AT MEETING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0285950
IRS990/TotalAssetsEOYAmt0604846
IRS990/TotalAssetsGrp/BOYAmt0285950
IRS990/TotalAssetsGrp/EOYAmt0604846
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0202038
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01804
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt032493
IRS990/TotalFunctionalExpensesGrp/TotalAmt041699
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt017542
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt017542
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0285950
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0587304
IRS990/TotalProgramServiceRevenueAmt036730
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0138244
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0340282
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0285950
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0604846
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0305 1st St
IRS990/USAddress/CityNm0LEEDS
IRS990/USAddress/StateAbbreviationCd0ND
IRS990/USAddress/ZIPCd058346
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GLENN HOFFMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07017397158
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEEDS ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LEED
ReturnHeader/Filer/EIN0363719006
ReturnHeader/Filer/PhoneNum07017397158
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 243
ReturnHeader/Filer/USAddress/CityNm0LEEDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058346
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARIANNE SEARS CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04925 Hwy 30
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADDOCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058348
ReturnHeader/PreparerPersonGrp/PhoneNum07013512282
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARIANNE SEARS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-04-23T14:26:28-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GLENN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HOFFMANN
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 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$604,846
Liabilities
$17,542
Net assets
$587,304
Revenue
$340,282
Expenses
$41,699
Net income
$298,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.29$0.19$0.10
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.30$0.21$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.28$0.17$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.35$0.13$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.02$0.59$0.34$0.04$0.30
2019Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.29$0.08$0.07$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.08$0.06$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.06$0.05$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.06$0.03$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.06$0.05$0.00