Civic Intelligence

Winona Area Industrial Development

EIN 41-0830211 • 501(c)6 • Winona, MN

Profile

Promote local business expansion

902 E Second St Ste 120Winona, MN 55987

winonawaida.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.07x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

1.87x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

93rd percentile

34%

Higher net margin than 93% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

65th percentile

9.2%

Faster asset growth than 65% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

1st percentile

-70%

Faster revenue growth than 1% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$843,924

Up $71,251 (+9.2%) from 2023

Liabilities

Up

$60,552

Up $60,082 (+12783%) from 2023

Net Assets

Up

$783,372

Up $11,169 (+1.4%) from 2023

Revenue

Down

$32,396

Down $75,356 (-70%) from 2023

Expenses

Up

$21,227

Up $1,034 (+5.1%) from 2023

Net Income

Down

$11,169

Down $76,390 (-87%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2010: $506,313Liabilities 2010: $02010Assets 2011: $521,710Liabilities 2011: $0Net Assets 2011: $521,7102011Assets 2012: $536,949Liabilities 2012: $732Net Assets 2012: $536,2172012Assets 2013: $550,327Liabilities 2013: $2,269Net Assets 2013: $548,0582013Assets 2014: $560,612Liabilities 2014: $893Net Assets 2014: $559,7192014Assets 2015: $571,425Liabilities 2015: $142Net Assets 2015: $571,2832015Assets 2016: $579,257Liabilities 2016: $242Net Assets 2016: $579,0152016Assets 2017: $680,376Liabilities 2017: $191Net Assets 2017: $680,1852017Assets 2018: $685,792Liabilities 2018: $11,119Net Assets 2018: $674,6732018Assets 2019: $671,726Liabilities 2019: $316Net Assets 2019: $671,4102019Assets 2020: $680,423Liabilities 2020: $6,354Net Assets 2020: $674,0692020Assets 2021: $720,739Liabilities 2021: $44,398Net Assets 2021: $676,3412021Assets 2022: $765,664Liabilities 2022: $81,020Net Assets 2022: $684,6442022Assets 2023: $772,673Liabilities 2023: $470Net Assets 2023: $772,2032023Assets 2024: $843,924Liabilities 2024: $60,552Net Assets 2024: $783,3722024

Highlighted filing

2024

Assets$843,924
Liabilities$60,552
Net Assets$783,372

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $18,515Expenses 2010: $26,004Net Income 2010: -$7,4892010Revenue 2011: $30,204Expenses 2011: $14,807Net Income 2011: $15,3972011Expenses 2012: $7,2052012Revenue 2013: $21,185Expenses 2013: $9,344Net Income 2013: $11,8412013Revenue 2014: $20,254Expenses 2014: $8,593Net Income 2014: $11,6612014Revenue 2015: $19,961Expenses 2015: $8,397Net Income 2015: $11,5642015Revenue 2016: $16,249Expenses 2016: $8,517Net Income 2016: $7,7322016Revenue 2017: $109,989Expenses 2017: $8,819Net Income 2017: $101,1702017Revenue 2018: $4,797Expenses 2018: $10,309Net Income 2018: -$5,5122018Revenue 2019: $14,914Expenses 2019: $18,177Net Income 2019: -$3,2632019Revenue 2020: $15,212Expenses 2020: $12,553Net Income 2020: $2,6592020Revenue 2021: $23,291Expenses 2021: $21,019Net Income 2021: $2,2722021Revenue 2022: $27,767Expenses 2022: $19,464Net Income 2022: $8,3032022Revenue 2023: $107,752Expenses 2023: $20,193Net Income 2023: $87,5592023Revenue 2024: $32,396Expenses 2024: $21,227Net Income 2024: $11,1692024

Highlighted filing

2024

Revenue$32,396
Expenses$21,227
Net Income$11,169

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.44$0.61$7.83$0.32$0.21$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.73$0.00$7.72$1.08$0.20$0.88
2022Detailed filing. Detailed filing data is available for this year.$7.66$0.81$6.85$0.28$0.19$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.21$0.44$6.76$0.23$0.21$0.02
2020Detailed filing. Detailed filing data is available for this year.$6.80$0.06$6.74$0.15$0.13$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.72$0.00$6.71$0.15$0.18$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.86$0.11$6.75$0.05$0.10$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.80$0.00$6.80$1.10$0.09$1.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.79$0.00$5.79$0.16$0.09$0.08
2015Detailed filing. Detailed filing data is available for this year.$5.71$0.00$5.71$0.20$0.08$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.61$0.01$5.60$0.20$0.09$0.12
2013Detailed filing. Detailed filing data is available for this year.$5.50$0.02$5.48$0.21$0.09$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.37$0.01$5.36$0.07
2011Summary only. Only limited summary data is available for this year.$5.22$0.00$5.22$0.30$0.15$0.15
2010Summary only. Only limited summary data is available for this year.$5.06$0.00$0.19$0.26$0.07
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 31, 2023
Return Version
2022v5.0
Gross Receipts
$27,767
Mission and Program Overview

Mission

Promote Local Business Expansion

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$512,153$529,018▲ $16,865
Cash and Non-Interest-Bearing Accounts$206,257$234,214▲ $27,957
Savings and Temporary Cash Investments$1,267$1,268▲ $1
Prepaid Expenses and Deferred Charges$1,062$1,164▲ $102
Total Assets$720,739$765,664▲ $44,925
Liabilities
Deferred Revenue$44,100$80,000▲ $35,900
Accounts Payable and Accrued Expenses$298$1,020▲ $722
Total Liabilities$44,398$81,020▲ $36,622
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$676,341$684,644▲ $8,303
Total Net Assets Fund Balance$676,341$684,644▲ $8,303
Total Liabilities and Net Assets / Fund Balance$720,739$765,664▲ $44,925

Asset Categories

AssetBook ValueDepreciationBasis
Land$529,018-$529,018
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom WynnPast President
Josh SeversonPresident
Kollin FossVice President
Amber HammernikBank Director
Andrew GuzzoBank Director
Dave VaselaarBank Director
Jim VrchotaBank Director
Stanislav PetkovBank Director
Corey OLaughlinDirector
Joel Von HadenDirector
Rich MikrutDirector
Willy DickensonDirector
Dan ArnoldAt Large
Joe ThesingAt Large Bank Position
Christie RansomSecretary
Brad PetersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,750
Investment Income
$1
Other Revenue
$16
Change in Net Assets
$8,303

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,767
Total Revenue per Audited Statements
$27,767
Total Revenue per Form 990
$27,767
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,464
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$7,500-$7,500
Other Expenses$6,386--$6,386
Fees for Services Accounting-$3,000-$3,000
Insurance$1,484--$1,484
Fees for Services Other-$736-$736
Office Expenses-$116-$116
Total Functional Expenses$8,112$11,352$0$19,464

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,464
Total Expenses per Audited Statements$19,464
Total Expenses per Form 990$19,464
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 is provided to the President, Treasurer and Secretary for review prior to filing.

Conflict of interest policy compliance Part VI line 12C

Every Board member completes and signs a conflict of interest form. The policy is reviewed in January of each year and updated when necessary. Board members abstain from voting on any matter where a conflict exists.

Governing documents etc available to public Part VI line 19

Upon Written request an individual can come to the office and inspect the governing documents, conflict of interest policy and financial statements.

Filing and Contact Details

Filer

Filer Name
Winona Area Industrial Development
EIN
41-0830211
Address
902 E Second St Ste 120, Winona, MN 55987
Doing Business As
Association

Signing Officer

Name
Christie Ransom
Title
Secretary
Phone
5074522272
Signed
2023-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Josh Severson
Formed
1950
Legal Domicile
Mn
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
20

Preparer

Firm
Engelson & Associates Ltd
Address
3317 Mormon Coulee Road, La Crosse, WI 54601
Preparer
William J Sherry CPA
Phone
6087882181
Raw XML Appendix394 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/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Promote Local Business Expansion
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0676341
IRS990/NetAssetsOrFundBalancesEOYAmt0684644
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0676341
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0684644
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0116
IRS990/OfficeExpensesGrp/TotalAmt0116
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Miscellaneous
IRS990/OtherExpensesGrp/Desc1Property taxes
IRS990/OtherExpensesGrp/ProgramServicesAmt0242
IRS990/OtherExpensesGrp/ProgramServicesAmt16386
IRS990/OtherExpensesGrp/TotalAmt0242
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IRS990/OtherRevenueMiscGrp/Desc0Misc Income
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt016
IRS990/OtherRevenueTotalAmt016
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01062
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01164
IRS990/PrincipalOfficerNm0Josh Severson
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0529018
IRS990ScheduleD/RevenueSubtotalAmt027767
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0529018
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IRS990ScheduleD/TotalRevenuePerForm990Amt027767
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is provided to the President, Treasurer and Secretary for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Every Board member completes and signs a conflict of interest form. The policy is reviewed in January of each year and updated when necessary. Board members abstain from voting on any matter where a conflict exists.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Upon Written request an individual can come to the office and inspect the governing documents, conflict of interest policy and financial statements.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt0765664
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011352
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08112
IRS990/TotalFunctionalExpensesGrp/TotalAmt019464
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt081020
IRS990/TotalLiabilitiesGrp/BOYAmt044398
IRS990/TotalLiabilitiesGrp/EOYAmt081020
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0676341
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0684644
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt08112
IRS990/TotalProgramServiceRevenueAmt027750
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027767
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt027767
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0720739
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0765664
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0Winonawaida.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Christie Ransom
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum05074522272
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Winona Area Industrial Development
ReturnHeader/Filer/BusinessNameControlTxt0WINO
ReturnHeader/Filer/EIN0410830211
ReturnHeader/Filer/USAddress/AddressLine1Txt0902 E Second St Ste 120
ReturnHeader/Filer/USAddress/CityNm0Winona
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055987
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391625814
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Engelson & Associates Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03317 Mormon Coulee Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0La Crosse
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054601
ReturnHeader/PreparerPersonGrp/PhoneNum06087882181
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William J Sherry CPA
ReturnHeader/ReturnTs02023-10-30T12:20:22-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Christie
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ransom
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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