Civic Intelligence

Central Minnesota Development Company

990 • Fiscal year 2023 • EIN 41-1345544

Oct 01, 2022 to Sep 30, 2023 • Filed on Feb 13, 2024

Organization ProfileWWW.CMDCBUSINESSLOANS.COM
1885 Station Parkway NWAndover, MN 55304

(763) 784-3337

Siviq Scores

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

Liabilities / Assets

74th percentile

0.35x

Higher debt load relative to assets than 74% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

0.90x

Higher debt load relative to revenue than 93% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

83rd percentile

19%

Higher net margin than 83% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

58th percentile

$161,668

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 13.5% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

29th percentile

-1.0%

Faster asset growth than 29% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

20%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$3,077,135

Down $32,309 (-1.0%) from 2022

Net Assets

Up

$1,996,909

Up $230,915 (+13%) from 2022

Liabilities

Down

$1,080,226

Down $263,224 (-20%) from 2022

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin83rd percentile

Revenue

Up

$1,198,809

Up $199,643 (+20%) from 2022

Expenses

Down

$967,894

Down $137,621 (-12%) from 2022

Net Income

Up

$230,915

Up $337,264 (+317%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $2,592,172Liabilities 2015: $1,348,489Net Assets 2015: $1,243,6832015Assets 2016: $2,837,826Liabilities 2016: $1,479,111Net Assets 2016: $1,358,7152016Assets 2017: $3,213,610Liabilities 2017: $1,620,231Net Assets 2017: $1,593,3792017Assets 2018: $2,803,351Liabilities 2018: $1,254,478Net Assets 2018: $1,548,8732018Assets 2019: $2,951,679Liabilities 2019: $1,271,125Net Assets 2019: $1,680,5542019Assets 2020: $3,544,546Liabilities 2020: $1,750,952Net Assets 2020: $1,793,5942020Assets 2021: $3,772,232Liabilities 2021: $1,899,889Net Assets 2021: $1,872,3432021Assets 2022: $3,109,444Liabilities 2022: $1,343,450Net Assets 2022: $1,765,9942022Assets 2023: $3,077,135Liabilities 2023: $1,080,226Net Assets 2023: $1,996,9092023Assets 2024: $3,012,170Liabilities 2024: $828,224Net Assets 2024: $2,183,9462024Assets 2025: $3,431,925Liabilities 2025: $1,153,731Net Assets 2025: $2,278,1942025

Highlighted filing

2023

Assets$3,077,135
Liabilities$1,080,226
Net Assets$1,996,909
Open 2023 Filing

Operations Trend

Revenue Growth73rd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $761,080Expenses 2015: $691,538Net Income 2015: $69,5422015Revenue 2016: $828,436Expenses 2016: $713,404Net Income 2016: $115,0322016Revenue 2017: $997,105Expenses 2017: $762,441Net Income 2017: $234,6642017Revenue 2018: $831,035Expenses 2018: $875,541Net Income 2018: -$44,5062018Revenue 2019: $865,883Expenses 2019: $734,202Net Income 2019: $131,6812019Revenue 2020: $1,222,494Expenses 2020: $1,109,454Net Income 2020: $113,0402020Revenue 2021: $1,226,562Expenses 2021: $1,147,813Net Income 2021: $78,7492021Revenue 2022: $999,166Expenses 2022: $1,105,515Net Income 2022: -$106,3492022Revenue 2023: $1,198,809Expenses 2023: $967,894Net Income 2023: $230,9152023Revenue 2024: $1,271,694Expenses 2024: $1,148,535Net Income 2024: $123,1592024Revenue 2025: $1,403,050Expenses 2025: $1,308,802Net Income 2025: $94,2482025

Highlighted filing

2023

Revenue$1,198,809
Expenses$967,894
Net Income$230,915
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Feb 13, 2024
Return Version
2022v5.0
Gross Receipts
$1,225,321
Mission and Program Overview

Mission

Cmdc is committed to promoting economic development by cultivating a financing environment that allows minnesota small businesses to grow and prosper.

To process and monitor sba loan programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,160,815$864,311▼ $296,504
Savings and Temporary Cash Investments$609,614$733,434▲ $123,820
Land, Buildings, and Equipment, Net$429,506$402,155▼ $27,351
Other Notes and Loans Receivable, Net$76,976$93,344▲ $16,368
Prepaid Expenses and Deferred Charges$4,923$2,675▼ $2,248
Total Assets$3,109,444$3,077,135▼ $32,309
Other Assets Total$827,610$981,216▲ $153,606
Liabilities
Unsecured Notes Loans Payable$677,191$591,133▼ $86,058
Other Liabilities$220,318$244,916▲ $24,598
Accounts Payable and Accrued Expenses$445,941$244,177▼ $201,764
Total Liabilities$1,343,450$1,080,226▼ $263,224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,765,994$1,996,909▲ $230,915
Total Net Assets Fund Balance$1,765,994$1,996,909▲ $230,915
Total Liabilities and Net Assets / Fund Balance$3,109,444$3,077,135▼ $32,309

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$284,034$392,655$676,689
Equipment$3,621$139,315$142,936
Land$114,500-$114,500
Other Land Buildings$0$2,643$2,643
Other Assets Org$39,259--
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mike MulrooneyExecutive DirectorFT$161,668$161,668

Board Members and Trustees

NameTitle
Jerry TeesonChairman
David RymanowskiVice Chairman
Chris RandallDirector
Clark ArnesonDirector
Erik HeggDirector
Larry CraneDirector
Marty FisherDirector
Maureen SteinwallDirector
Steven KalinaDirector
Julie LuxSecretary
Joe PetersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,055,723
Investment Income
$48,208
Other Revenue
$94,878
Change in Net Assets
$230,915

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,225,321
Revenue Not Reported on Financial Statements
$-26,512
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-26,512
Total Revenue per Audited Statements
$1,225,321
Total Revenue per Form 990
$1,198,809
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$759,307
Other Expenses$208,587
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$382,257$67,454-$449,711
Current Officers, Directors, Trustees, and Key Employees$137,418$24,250-$161,668
Other Employee Benefits$58,779$3,094-$61,873
Fees for Services Accounting$57,292--$57,292
Payroll Taxes$44,273$2,330-$46,603
Pension Plan Contributions$37,479$1,973-$39,452
Conferences and Meetings$16,293--$16,293
Office Expenses$16,166--$16,166
All Other Expenses$13,296--$13,296
Advertising$12,898--$12,898
Insurance$12,767--$12,767
Depreciation Depletion$6,205--$6,205
Other Expenses$5,523--$5,523
Interest$5,329--$5,329
Travel$3,232--$3,232
Total Functional Expenses$868,793$99,101$0$967,894

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$994,406
Total Expenses per Audited Statements$994,406
Total Expenses per Form 990$967,894
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-26,512
Other Expense Adjustments$-26,512
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Revolving Loan Fund$228,146
Deferred Loan Fees$16,770
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

“The executive director first reviews the 990 received from the accountant, then is reviewed by the executive committee who presents it to the board for review and approval prior to mailing.”

Form 990, Part VI, Section B, Line 12C

“Discussed at least annually at the board meeting to keep members aware.”

Form 990, Part VI, Section B, Line 15

“Annual reviews are completed with consideration of accomplishments of personal and buisness goals. Industry standards are used in conjunction with accomplishments. All compensation rates are reviewed and approved by the board.”

Form 990, Part VI, Section C, Line 19

“Available at the office upon request.”

Filing and Contact Details

Filer

Filer Name
Central Minnesota Development Company
EIN
41-1345544
Phone
7637843337
Address
1885 STATION PARKWAY NW, ANDOVER, MN 55304

Signing Officer

Name
Mike Mulrooney
Title
Executive Director
Phone
7637843337
Signed
2024-02-13

Organization Details

Principal Officer
Mike Mulrooney
Formed
1978
Legal Domicile
Mn
Voting Board Members
11
Independent Board Members
11
Employees
9
Volunteers
0

Preparer

Firm
Smith Schafer & Associates Ltd
Address
7500 HIGHWAY 55 SUITE 350, MINNEAPOLIS, MN 55427
Preparer
Dean Richards
Phone
9529201455
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Organization's board of directors is responsible for oversight of the audit and selection of an independent accountant. Audited financial statements and 990 are reviewed by the board prior to issuance.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income tax under section 501(c)(6) of the internal revenue code. Certain organizational activities are taxable as unrelated business income. There is no provision or liability for federal income taxes for the year presented, as those activities did not result in taxable income. Management has determined that the organization does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. The organization's federal information returns are subject to examination by the irs, generally for three years after they were filed.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“RENTAL EXPENSES”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“RENTAL EXPENSES”

Raw XML AppendixShowing 400 of 461 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/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03094
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt058779
IRS990/OtherEmployeeBenefitsGrp/TotalAmt061873
IRS990/OtherExpensesGrp/Desc0COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2MAINTENACE AND REPAIRS
IRS990/OtherExpensesGrp/Desc3EQUIPMENTAL RENTAL
IRS990/OtherExpensesGrp/ProgramServicesAmt035882
IRS990/OtherExpensesGrp/ProgramServicesAmt115184
IRS990/OtherExpensesGrp/ProgramServicesAmt28520
IRS990/OtherExpensesGrp/ProgramServicesAmt35523
IRS990/OtherExpensesGrp/TotalAmt035882
IRS990/OtherExpensesGrp/TotalAmt115184
IRS990/OtherExpensesGrp/TotalAmt28520
IRS990/OtherExpensesGrp/TotalAmt35523
IRS990/OtherLiabilitiesGrp/BOYAmt0220318
IRS990/OtherLiabilitiesGrp/EOYAmt0244916
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt089424
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt089424
IRS990/OtherRevenueTotalAmt089424
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt067454
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0382257
IRS990/OtherSalariesAndWagesGrp/TotalAmt0449711
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt076976
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt093344
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02330
IRS990/PayrollTaxesGrp/ProgramServicesAmt044273
IRS990/PayrollTaxesGrp/TotalAmt046603
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01973
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt037479
IRS990/PensionPlanContributionsGrp/TotalAmt039452
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04923
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02675
IRS990/PrincipalOfficerNm0MIKE MULROONEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0LOAN ORIGINATION AND S
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01055723
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01055723
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030658
IRS990/PYOtherExpensesAmt0233198
IRS990/PYOtherRevenueAmt04922
IRS990/PYProgramServiceRevenueAmt0963586
IRS990/PYRevenuesLessExpensesAmt0-106349
IRS990/PYSalariesCompEmpBnftPaidAmt0872317
IRS990/PYTotalExpensesAmt01105515
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0999166
IRS990/ReconcilationRevenueExpnssAmt0230915
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt05454
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0609614
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0733434
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0284034
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0392655
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0676689
IRS990ScheduleD/EquipmentGrp/BookValueAmt03621
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0139315
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0142936
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-26512
IRS990ScheduleD/ExpensesSubtotalAmt0994406
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0114500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0114500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0612506
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1101305
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2228146
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt339259
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ILP NOTES RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REVOLVING LOAN FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3MINNESOTA EMERGING ENTREPRENEUR LOAN
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-26512
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02643
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0228146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REVOLVING LOAN FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED LOAN FEES
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-26512
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-26512
IRS990ScheduleD/RevenueSubtotalAmt01225321
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. CERTAIN ORGANIZATIONAL ACTIVITIES ARE TAXABLE AS UNRELATED BUSINESS INCOME. THERE IS NO PROVISION OR LIABILITY FOR FEDERAL INCOME TAXES FOR THE YEAR PRESENTED, AS THOSE ACTIVITIES DID NOT RESULT IN TAXABLE INCOME. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE ORGANIZATION'S FEDERAL INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0402155
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0981216
IRS990ScheduleD/TotalExpensesPerForm990Amt0967894
IRS990ScheduleD/TotalLiabilityAmt0244916
IRS990ScheduleD/TotalRevenuePerForm990Amt01198809
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01225321
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0994406
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0161668
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MIKE MULROONEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0161668
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR FIRST REVIEWS THE 990 RECEIVED FROM THE ACCOUNTANT, THEN IS REVIEWED BY THE EXECUTIVE COMMITTEE WHO PRESENTS IT TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISCUSSED AT LEAST ANNUALLY AT THE BOARD MEETING TO KEEP MEMBERS AWARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL REVIEWS ARE COMPLETED WITH CONSIDERATION OF ACCOMPLISHMENTS OF PERSONAL AND BUISNESS GOALS. INDUSTRY STANDARDS ARE USED IN CONJUNCTION WITH ACCOMPLISHMENTS. ALL COMPENSATION RATES ARE REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE AT THE OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ORGANIZATION'S BOARD OF DIRECTORS IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. AUDITED FINANCIAL STATEMENTS AND 990 ARE REVIEWED BY THE BOARD PRIOR TO ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03109444
IRS990/TotalAssetsEOYAmt03077135
IRS990/TotalAssetsGrp/BOYAmt03109444
IRS990/TotalAssetsGrp/EOYAmt03077135
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt099101
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0868793
IRS990/TotalFunctionalExpensesGrp/TotalAmt0967894
IRS990/TotalGrossUBIAmt05454
IRS990/TotalLiabilitiesBOYAmt01343450
IRS990/TotalLiabilitiesEOYAmt01080226
IRS990/TotalLiabilitiesGrp/BOYAmt01343450
IRS990/TotalLiabilitiesGrp/EOYAmt01080226
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01765994

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,077,135
Liabilities
$1,080,226
Net assets
$1,996,909
Revenue
$1,198,809
Expenses
$967,894
Net income
$230,915
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.43$1.15$2.28$1.40$1.31$0.09
2024Detailed filing. Detailed filing data is available for this year.$3.01$0.83$2.18$1.27$1.15$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.08$1.08$2.00$1.20$0.97$0.23
2022Detailed filing. Detailed filing data is available for this year.$3.11$1.34$1.77$1.00$1.11$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.77$1.90$1.87$1.23$1.15$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.54$1.75$1.79$1.22$1.11$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.95$1.27$1.68$0.87$0.73$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.80$1.25$1.55$0.83$0.88$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.21$1.62$1.59$1.00$0.76$0.23
2016Detailed filing. Detailed filing data is available for this year.$2.84$1.48$1.36$0.83$0.71$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.59$1.35$1.24$0.76$0.69$0.07