Civic Intelligence

Williston Regional Economic Development

990EZ • Fiscal year 2020 • EIN 36-3803598

Oct 01, 2019 to Sep 30, 2020 • Filed on Dec 14, 2020

PO Box 1306Williston, ND 58802-1306

(701) 577-8110

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

46th percentile

0.00x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

16th percentile

-33%

Higher net margin than 16% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

22nd percentile

-15%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

41st percentile

-28%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2020

Assets

Down

$59,065

Down $23,404 (-28%) from 2018

Net Assets

Down

$59,020

Down $23,449 (-28%) from 2018

Liabilities

Up

$45

Up $45 from 2018

Revenue

Down

$74,156

Down $68,325 (-48%) from 2018

Expenses

Down

$98,419

Down $91,716 (-48%) from 2018

Net Income

Up

-$24,263

Up $23,391 (+49%) from 2018

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2013: $61,546Liabilities 2013: $8,007Net Assets 2013: $53,5392013Assets 2016: $79,180Liabilities 2016: $57Net Assets 2016: $79,1232016Assets 2018: $82,469Liabilities 2018: $0Net Assets 2018: $82,4692018Assets 2020: $59,065Liabilities 2020: $45Net Assets 2020: $59,0202020Assets 2021: $73,826Liabilities 2021: $5,169Net Assets 2021: $68,6572021Assets 2022: $114,415Liabilities 2022: $2,757Net Assets 2022: $111,6582022Assets 2025: $78,051Liabilities 2025: $0Net Assets 2025: $78,0512025

Highlighted filing

2020

Assets$59,065
Liabilities$45
Net Assets$59,020

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2013: $297,2822013Revenue 2016: $101,409Expenses 2016: $151,363Net Income 2016: -$49,9542016Revenue 2018: $142,481Expenses 2018: $190,135Net Income 2018: -$47,6542018Revenue 2020: $74,156Expenses 2020: $98,419Net Income 2020: -$24,2632020Revenue 2021: $73,528Expenses 2021: $63,891Net Income 2021: $9,6372021Revenue 2022: $124,177Expenses 2022: $81,176Net Income 2022: $43,0012022Revenue 2025: $89,434Expenses 2025: $62,930Net Income 2025: $26,5042025

Highlighted filing

2020

Revenue$74,156
Expenses$98,419
Net Income-$24,263
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Dec 14, 2020
Return Version
2019v5.1
Gross Receipts
$74,156
Mission and Program Overview

Mission

Promote a diversified economy that supports regional development and quality of life.

Program Services

DescriptionGrantsExpenses
WESTERN REGION ECONOMIC DEVELOPMENT (WRED) EXISTS TO FACILITATE AND PROMOTE A VIBRANT, DIVERSIFIED AND SUSTAINABLE ECONOMY THROUGH COLLABORATION AND OUTREACH.THE GOALS OF THE ORGANIZATION ARE:- IDENTIFY PRIMARY SECTOR DEVELOPMENT OPPORTUNITIES THAT WILL HELP DIVERSIFY THE ECONOMY.- INCREASE INFLUENCE ON STATE POLICIES.- ADVOCATE FOR REGIONAL BUSINESS FRIENDLY ENVIRONMENT.- FOCUS ON PUBLIC RELATION EFFORTS ON THE REGION.- FOCUS ON FUTURE RECRUITMENT AND DEVELOPMENT.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRAD CURTISPresident (10/1/19-6/1/20)-$0--
KEN CALLAHANVice President-$0--
GEORGE LITTLECREEK2nd Vice President-$0--
JORY MEYERSecretary/Treasurer-$0--
JEREMY COXPast President-$0--
SARAH JOHNSONDirector-$0--
JERED SUESSDirector-$0--
JORDON EVERTDirector-$0--
CHERIE HARMSDirector-$0--
AMY KRUEGERDirector-$0--
GARY RYBERGDirector-$0--
JUSTIN MADDISONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Western Region Economic Development
EIN
36-3803598
Phone
7015778110
Address
PO BOX 1306, WILLISTON, ND 58802-1306

Signing Officer

Name
Jory Meyer
Title
Treasurer
Phone
7015778110
Signed
2020-12-14
Discuss with paid preparer
Yes

Preparer

Firm
Lee Suess LLC
Address
PO BOX 1387, WILLISTON, ND 58802-1387
Preparer
Erin Olson CPA
Phone
7015772157
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 37.

Form 990-ez, Part I, Line 8 - Other Revenue

Description: miscellaneous. Amount: 2,995.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: 2019 events. Grantee name: north dakota petroleum council. Amount given: 15,400.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: 2019 national hard spring wheat show. Grantee name: national hard spring wheat show. Amount given: 500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: agricultural appreciation day. Grantee name: williston convention & visitors bureau. Amount given: 500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: annual banquet. Grantee name: stanley commercial club. Amount given: 2,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: ag summit sponsorship. Grantee name: city of williston. Amount given: 1,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: bakken event. Grantee name: williston herald. Amount given: 1,500.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: festival of trees. Grantee name: williston community builders. Amount given: 1,250. Total included on form 990-ez, line 10: 22,650.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: event expenses. Amount: 25,225. Description: job fair. Amount: 15,367. Description: office expenses. Amount: 1,354. Description: conferences, conventions, meetings. Amount: 4,593. Description: all other expenses. Amount: 1,173. Description: insurance. Amount: 1,108. Description: information technology. Amount: 1,088. Description: travel. Amount: 2,436. Description: filing fees. Amount: 10. Total to form 990-ez, line 16: 52,354.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit card. Beg. Of year amount: 3,934. End of year amount: 45.

Raw XML Appendix196 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRAD CURTIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KEN CALLAHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GEORGE LITTLECREEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JORY MEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEREMY COX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SARAH JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JERED SUESS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JORDON EVERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CHERIE HARMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9AMY KRUEGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10GARY RYBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JUSTIN MADDISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT (10/1/19-6/1/20)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt22ND VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt052354
IRS990EZ/OtherRevenueTotalAmt02995
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE A DIVERSIFIED ECONOMY THAT SUPPORTS REGIONAL DEVELOPMENT AND QUALITY OF LIFE.
IRS990EZ/PrintingPublicationsPostageAmt022565
IRS990EZ/ProgramServiceRevenueAmt01733
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WESTERN REGION ECONOMIC DEVELOPMENT (WRED) EXISTS TO FACILITATE AND PROMOTE A VIBRANT, DIVERSIFIED AND SUSTAINABLE ECONOMY THROUGH COLLABORATION AND OUTREACH.THE GOALS OF THE ORGANIZATION ARE:- IDENTIFY PRIMARY SECTOR DEVELOPMENT OPPORTUNITIES THAT WILL HELP DIVERSIFY THE ECONOMY.- INCREASE INFLUENCE ON STATE POLICIES.- ADVOCATE FOR REGIONAL BUSINESS FRIENDLY ENVIRONMENT.- FOCUS ON PUBLIC RELATION EFFORTS ON THE REGION.- FOCUS ON FUTURE RECRUITMENT AND DEVELOPMENT.
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IRS990EZ/TotalRevenueAmt074156
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IRS990EZ/WebsiteAddressTxt0WWW.WILLISTONDEVELOPMENT.COM
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 37.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,995.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: 2019 EVENTS. GRANTEE NAME: NORTH DAKOTA PETROLEUM COUNCIL. AMOUNT GIVEN: 15,400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: 2019 NATIONAL HARD SPRING WHEAT SHOW. GRANTEE NAME: NATIONAL HARD SPRING WHEAT SHOW. AMOUNT GIVEN: 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: AGRICULTURAL APPRECIATION DAY. GRANTEE NAME: WILLISTON CONVENTION & VISITORS BUREAU. AMOUNT GIVEN: 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: ANNUAL BANQUET. GRANTEE NAME: STANLEY COMMERCIAL CLUB. AMOUNT GIVEN: 2,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACTIVITY CLASSIFICATION: AG SUMMIT SPONSORSHIP. GRANTEE NAME: CITY OF WILLISTON. AMOUNT GIVEN: 1,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACTIVITY CLASSIFICATION: BAKKEN EVENT. GRANTEE NAME: WILLISTON HERALD. AMOUNT GIVEN: 1,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACTIVITY CLASSIFICATION: FESTIVAL OF TREES. GRANTEE NAME: WILLISTON COMMUNITY BUILDERS. AMOUNT GIVEN: 1,250. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 22,650.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION: EVENT EXPENSES. AMOUNT: 25,225. DESCRIPTION: JOB FAIR. AMOUNT: 15,367. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,354. DESCRIPTION: CONFERENCES, CONVENTIONS, MEETINGS. AMOUNT: 4,593. DESCRIPTION: ALL OTHER EXPENSES. AMOUNT: 1,173. DESCRIPTION: INSURANCE. AMOUNT: 1,108. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 1,088. DESCRIPTION: TRAVEL. AMOUNT: 2,436. DESCRIPTION: FILING FEES. AMOUNT: 10. TOTAL TO FORM 990-EZ, LINE 16: 52,354.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION: CREDIT CARD. BEG. OF YEAR AMOUNT: 3,934. END OF YEAR AMOUNT: 45.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JORY MEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07015778110
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTERN REGION ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0363803598
ReturnHeader/Filer/PhoneNum07015778110
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ReturnHeader/Filer/USAddress/CityNm0WILLISTON
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ReturnHeader/Filer/USAddress/ZIPCd0588021306
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02020-12-14
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ReturnHeader/FilingSecurityInformation/IPTm010:00:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822449762
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEE SUESS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1387
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLISTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0588021387
ReturnHeader/PreparerPersonGrp/PhoneNum07015772157
ReturnHeader/PreparerPersonGrp/PreparationDt02020-12-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN OLSON CPA
ReturnHeader/ReturnTs02020-12-15T16:45:31-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

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Filings