Civic Intelligence

Allamakee County Economic Development and Tourism Commission

990 • Fiscal year 2022 • EIN 39-1890984

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 07, 2023

101 W Main StWaukon, IA 52172

(563) 568-2624

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Higher debt load relative to assets than 47% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

47th percentile

0.00x

Higher debt load relative to revenue than 47% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

89th percentile

34%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

92nd percentile

61%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

85th percentile

83%

Faster revenue growth than 85% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$208,407

Up $78,728 (+61%) from 2021

Net Assets

Up

$208,204

Up $80,861 (+63%) from 2021

Liabilities

Down

$203

Down $2,133 (-91%) from 2021

Revenue

Up

$233,036

Up $105,449 (+83%) from 2021

Expenses

Up

$154,335

Up $28,596 (+23%) from 2021

Net Income

Up

$78,701

Up $76,853 (+4159%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $89,470Liabilities 2011: $1,373Net Assets 2011: $88,0972011Assets 2012: $117,867Liabilities 2012: $2,293Net Assets 2012: $115,5742012Assets 2013: $120,084Liabilities 2013: $2,098Net Assets 2013: $117,9862013Assets 2014: $117,735Liabilities 2014: $1,559Net Assets 2014: $116,1762014Assets 2015: $109,798Liabilities 2015: $3,055Net Assets 2015: $106,7432015Assets 2016: $98,661Liabilities 2016: $2,142Net Assets 2016: $96,5192016Assets 2017: $120,625Liabilities 2017: $1,232Net Assets 2017: $119,3932017Assets 2018: $116,344Liabilities 2018: $199Net Assets 2018: $116,1452018Assets 2019: $126,215Liabilities 2019: $191Net Assets 2019: $126,0242019Assets 2020: $125,571Liabilities 2020: $69Net Assets 2020: $125,5022020Assets 2021: $129,679Liabilities 2021: $2,336Net Assets 2021: $127,3432021Assets 2022: $208,407Liabilities 2022: $203Net Assets 2022: $208,2042022Assets 2023: $184,534Liabilities 2023: $162Net Assets 2023: $184,3722023Assets 2024: $197,793Liabilities 2024: $111Net Assets 2024: $197,6822024Assets 2025: $211,578Liabilities 2025: $275Net Assets 2025: $211,3032025

Highlighted filing

2022

Assets$208,407
Liabilities$203
Net Assets$208,204

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $137,005Expenses 2011: $114,761Net Income 2011: $22,2442011Revenue 2012: $150,475Expenses 2012: $122,998Net Income 2012: $27,4772012Revenue 2013: $125,308Expenses 2013: $122,896Net Income 2013: $2,4122013Revenue 2014: $133,725Expenses 2014: $135,535Net Income 2014: -$1,8102014Revenue 2015: $128,200Expenses 2015: $137,633Net Income 2015: -$9,4332015Revenue 2016: $126,194Expenses 2016: $136,418Net Income 2016: -$10,2242016Revenue 2017: $130,111Expenses 2017: $107,237Net Income 2017: $22,8742017Revenue 2018: $141,128Expenses 2018: $144,376Net Income 2018: -$3,2482018Revenue 2019: $134,800Expenses 2019: $124,921Net Income 2019: $9,8792019Revenue 2020: $123,054Expenses 2020: $123,576Net Income 2020: -$5222020Revenue 2021: $127,587Expenses 2021: $125,739Net Income 2021: $1,8482021Revenue 2022: $233,036Expenses 2022: $154,335Net Income 2022: $78,7012022Revenue 2023: $195,916Expenses 2023: $219,748Net Income 2023: -$23,8322023Revenue 2024: $213,546Expenses 2024: $200,236Net Income 2024: $13,3102024Revenue 2025: $214,017Expenses 2025: $200,396Net Income 2025: $13,6212025

Highlighted filing

2022

Revenue$233,036
Expenses$154,335
Net Income$78,701
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 7, 2023
Return Version
2021v4.0
Gross Receipts
$233,036
Mission and Program Overview

Mission

The organization services allamakee county in iowa for the promotion and economic development within the county.

The organization serves allamakee county in iowa for the promotion and economic development withhin the county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$129,679$208,407▲ $78,728
Rtn Earn Endowment Incm Other Fnds$127,343$208,204▲ $80,861
Total Assets$129,679$208,407▲ $78,728
Liabilities
Unsecured Notes Loans Payable$2,160--
Other Liabilities$176$203▲ $27
Total Liabilities$2,336$203▼ $2,133
Net Assets / Fund Balance
Total Net Assets Fund Balance$127,343$208,204▲ $80,861
Total Liabilities and Net Assets / Fund Balance$129,679$208,407▲ $78,728

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,893$3,893
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brenda HackmanDirector
Larry SchellhammerDirector
Michael CoyleDirector
Valerie ReinkeExecutive Di
Christina DrahosPresidnet
Michelle WoodSecretary
Cathy BuhlTreasurer
Andy KelleherVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$221,866
Program Service Revenue
$10,675
Investment Income
$495
Other Revenue
$0
All Other Contributions
$17,859
Change in Net Assets
$78,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,229
Salaries, Compensation, and Employee Benefits$13,106
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$36,065--$36,065
Other Salaries and Wages-$12,143-$12,143
Travel$4,482--$4,482
Conferences and Meetings$1,523$2,178-$3,701
Occupancy-$2,594-$2,594
All Other Expenses$460$1,760-$2,220
Other Expenses$2,054$2,426-$2,054
Office Expenses-$1,833-$1,833
Insurance-$1,144-$1,144
Payroll Taxes-$963-$963
Fees for Services Accounting-$761-$761
Total Functional Expenses$128,533$25,802$0$154,335
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Employee Withholdings$203
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
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 was reviewed by the executive director and board of directors before filing with the irs.

Form 990, Page 6, Part VI, Line 15A

Process for determining compensation includes a review and approval by non-related entity.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Allamakee County Economic
EIN
39-1890984
Phone
5635682624
Address
101 W MAIN ST, WAUKON, IA 52172

Signing Officer

Name
Valerie Reinke
Title
Executive Director
Phone
5635682624
Signed
2023-01-07

Organization Details

Principal Officer
Valerie Reinke
Voting Board Members
7
Independent Board Members
7
Employees
1

Preparer

Firm
Hacker Nelson & Co Pc
Address
210 7TH AVE SE, WAUKON, IA 52172
Preparer
MICHELLE O'NEILL
Phone
5635684567
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

PPP LOAN FORGIVEN 2,160

Raw XML Appendix310 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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IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WAS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCESS FOR DETERMINING COMPENSATION INCLUDES A REVIEW AND APPROVAL BY NON-RELATED ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PPP LOAN FORGIVEN 2,160
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ReturnHeader/BuildTS02023-03-07 01:45:13Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT AND TOURISM COMMISSION
ReturnHeader/Filer/BusinessNameControlTxt0ALLA
ReturnHeader/Filer/EIN0391890984
ReturnHeader/Filer/PhoneNum05635682624
ReturnHeader/Filer/USAddress/AddressLine1Txt0101 W MAIN ST
ReturnHeader/Filer/USAddress/CityNm0WAUKON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052172
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421040336
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HACKER NELSON & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 7TH AVE SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAUKON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052172
ReturnHeader/PreparerPersonGrp/PhoneNum05635684567
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE O'NEILL
ReturnHeader/ReturnTs02023-01-23T21:08:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0VALERIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0REINKE
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.00$2.11$2.14$2.00$0.14
2024Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$2.14$2.00$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.84$1.96$2.20$0.24
2022Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$2.33$1.54$0.79
2021Detailed filing. Detailed filing data is available for this year.$1.30$0.02$1.27$1.28$1.26$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$1.23$1.24$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.26$0.00$1.26$1.35$1.25$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$1.41$1.44$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.01$1.19$1.30$1.07$0.23
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.02$0.97$1.26$1.36$0.10
2015Detailed filing. Detailed filing data is available for this year.$1.10$0.03$1.07$1.28$1.38$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.18$0.02$1.16$1.34$1.36$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.02$1.18$1.25$1.23$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.02$1.16$1.50$1.23$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.01$0.88$1.37$1.15$0.22