Civic Intelligence

Stevens County Economic Improvement Commission

990 • Fiscal year 2016 • EIN 41-1383188

Jan 01, 2016 to Dec 31, 2016 • Filed on Aug 14, 2017

215 Atlantic Ave Suite 2Morris, MN 56267-1397

(320) 585-2609

Siviq Scores

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

Liabilities / Assets

74th percentile

0.38x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

4.85x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

29th percentile

-5.0%

Higher net margin than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

60th percentile

$81,209

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 51.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

27th percentile

-3.6%

Faster asset growth than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-86%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,027,472

Down $75,186 (-3.6%) from 2015

Net Assets

Down

$1,256,699

Down $7,987 (-0.6%) from 2015

Liabilities

Down

$770,773

Down $67,199 (-8.0%) from 2015

Revenue

Down

$158,872

Down $951,801 (-86%) from 2015

Expenses

Down

$166,859

Down $8,146 (-4.7%) from 2015

Net Income

Down

-$7,987

Down $943,655 (-101%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,479,574Liabilities 2011: $1,004,407Net Assets 2011: $475,1672011Assets 2012: $1,421,500Liabilities 2012: $966,226Net Assets 2012: $455,2742012Assets 2013: $1,302,901Liabilities 2013: $933,945Net Assets 2013: $368,9562013Assets 2014: $1,723,689Liabilities 2014: $1,394,671Net Assets 2014: $329,0182014Assets 2015: $2,102,658Liabilities 2015: $837,972Net Assets 2015: $1,264,6862015Assets 2016: $2,027,472Liabilities 2016: $770,773Net Assets 2016: $1,256,6992016Assets 2017: $1,997,177Liabilities 2017: $721,522Net Assets 2017: $1,275,6552017Assets 2018: $1,906,241Liabilities 2018: $673,538Net Assets 2018: $1,232,7032018Assets 2019: $1,851,603Liabilities 2019: $620,985Net Assets 2019: $1,230,6182019Assets 2020: $1,880,545Liabilities 2020: $572,804Net Assets 2020: $1,307,7412020Assets 2021: $1,816,525Liabilities 2021: $519,967Net Assets 2021: $1,296,5582021Assets 2022: $1,768,882Liabilities 2022: $469,102Net Assets 2022: $1,299,7802022Assets 2023: $1,643,936Liabilities 2023: $414,067Net Assets 2023: $1,229,8692023Assets 2024: $1,621,256Liabilities 2024: $352,798Net Assets 2024: $1,268,4582024

Highlighted filing

2016

Assets$2,027,472
Liabilities$770,773
Net Assets$1,256,699

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $232,581Expenses 2011: $380,148Net Income 2011: -$147,5672011Expenses 2012: $231,6512012Revenue 2013: $148,497Expenses 2013: $234,815Net Income 2013: -$86,3182013Revenue 2014: $157,730Expenses 2014: $197,668Net Income 2014: -$39,9382014Revenue 2015: $1,110,673Expenses 2015: $175,005Net Income 2015: $935,6682015Revenue 2016: $158,872Expenses 2016: $166,859Net Income 2016: -$7,9872016Revenue 2017: $162,932Expenses 2017: $143,976Net Income 2017: $18,9562017Revenue 2018: $150,300Expenses 2018: $193,252Net Income 2018: -$42,9522018Revenue 2019: $148,054Expenses 2019: $150,139Net Income 2019: -$2,0852019Revenue 2020: $227,689Expenses 2020: $150,566Net Income 2020: $77,1232020Revenue 2021: $158,894Expenses 2021: $170,077Net Income 2021: -$11,1832021Revenue 2022: $155,615Expenses 2022: $152,393Net Income 2022: $3,2222022Revenue 2023: $184,592Expenses 2023: $254,503Net Income 2023: -$69,9112023Revenue 2024: $241,904Expenses 2024: $203,315Net Income 2024: $38,5892024

Highlighted filing

2016

Revenue$158,872
Expenses$166,859
Net Income-$7,987
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Aug 14, 2017
Return Version
2016v3.0
Gross Receipts
$158,872
Mission and Program Overview

Mission

The goal of the organization is to create and retain jobs and to assist with existing, expanding and potential business and industry in stevens county, minnesota.

To -create and obtain" jobs in stevens county, minnesota. The organization links the identified needs of the community to the economic development resources available through public and private institutions that specialize in economic and business assistance. The mission is accomplished through identifying the economic development needs of the communities and business organizations in the county, priortizing the needs of each group with the needs of the county based on a consensus of opinion from the board of directors, and carrying out the policy decisions of the board of directors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,481,824$1,563,818▲ $81,994
Savings and Temporary Cash Investments$554,126$416,355▼ $137,771
Cash and Non-Interest-Bearing Accounts$54,000$33,800▼ $20,200
Accounts Receivable$3,170$8,683▲ $5,513
Land, Buildings, and Equipment, Net$6,844$4,524▼ $2,320
Prepaid Expenses and Deferred Charges$2,694$292▼ $2,402
Total Assets$2,102,658$2,027,472▼ $75,186
Liabilities
Unsecured Notes Loans Payable$808,363$758,774▼ $49,589
Accounts Payable and Accrued Expenses$29,609$11,999▼ $17,610
Total Liabilities$837,972$770,773▼ $67,199
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,250,299$1,252,469▲ $2,170
Unrestricted Net Assets$14,387$4,230▼ $10,157
Total Net Assets Fund Balance$1,264,686$1,256,699▼ $7,987
Total Liabilities and Net Assets / Fund Balance$2,102,658$2,027,472▼ $75,186

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,601$6,991$9,592
Equipment$1,923$3,201$5,124
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael HaynesFormer ExecuFT$73,525$7,684$81,209
Cheryl KuhnExecutive DiFT$13,846-$13,846

Board Members and Trustees

NameTitle
Sheldon GieseChairperson
Gary DonovanVice Chairpe
Blaine HillDirector
Donny WohlersDirector
Jan HagenDirector
Jerry SullivanDirector
Justin CronenDirector
Paul MahoneyDirector
Rebecca YoungDirector
Roger GerdesDirector
Walter BiesterfeldDirector
Larry RinggenbergSecretary
Ryan SleiterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$99,944
Program Service Revenue
$56,640
Investment Income
$2,288
Other Revenue
$0
All Other Contributions
$8,130
Change in Net Assets
$-7,987

Audited Revenue Reconciliation

Revenue per Audited Statements
$158,872
Total Revenue per Audited Statements
$158,872
Total Revenue per Form 990
$158,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$128,353
Other Expenses$38,506
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$87,371-$87,371
Other Salaries and Wages-$22,694-$22,694
Payroll Taxes-$9,644-$9,644
Fees for Services Accounting$6,925$2,269-$9,194
Other Employee Benefits-$8,644-$8,644
Interest$7,868--$7,868
Occupancy-$6,108-$6,108
Insurance$1,224$1,157-$2,381
Depreciation Depletion-$2,321-$2,321
Travel-$2,189-$2,189
Office Expenses-$1,939-$1,939
Advertising-$1,617-$1,617
Other Expenses-$299-$299
All Other Expenses$167--$167
Total Functional Expenses$16,184$150,675$0$166,859

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$166,859
Total Expenses per Audited Statements$166,859
Total Expenses per Form 990$166,859
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
Lobbying 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
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, Page 6, Part VI, Line 11B

The return is reviewed by the board of directors before it is filed.

Form 990, Page 6, Part VI, Line 12C

Interests are disclosed to determine if a conflict is present.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Stevens County Eic Inc
EIN
41-1383188
Phone
3205852609
Address
215 ATLANTIC AVE SUITE 2, MORRIS, MN 56267-1397

Signing Officer

Name
Sheldon Giese
Title
Chairperson
Phone
3205852609
Signed
2017-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheryl Kuhn
Formed
1980
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
14
Employees
3

Preparer

Firm
Carlson Highland & Co Llp
Address
5801 DULUTH STREET SUITE 360, GOLDEN VALLEY, MN 55422
Preparer
Matt Guyer CPA
Phone
7635429633
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To -create and obtain" jobs in stevens county, minnesota. The organization links the identified needs of the community to the economic development resources available through public and private institutions that specialize in economic and business assistance. The mission is accomplished through identifying the economic development needs of the communities and business organizations in the county, priortizing the needs of each group with the needs of the county based on a consensus of opinion from the board of directors, and carrying out the policy decisions of the board of directors.

Financial Statement Notes

Schedule D, Page 3, Part X

Income tax status the organization is a nonprofit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code and similar state provisions. However, income from certain activities not directly related to the organization's tax-exempt purpose would be subject to taxation as unrelated business income. The organization has also been classified as an entity that is not a private foundation within the meaning of section 509(a) of the code. The organization's accounting policy is to present interest and penalties as a component of the provision for income taxes. The organization's tax returns are subject to possible examination by taxing authorities. With few exceptions, the tax returns essentially remain open for possible examination for a period of three years after the respective filing deadlines of those returns.

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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02288
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010192
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06844
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04524
IRS990/LandBldgEquipCostOrOtherBssAmt014716
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO -CREATE AND OBTAIN" JOBS IN STEVENS COUNTY, MINNESOTA. THE ORGANIZATION LINKS THE IDENTIFIED NEEDS OF THE COMMUNITY TO THE ECONOMIC DEVELOPMENT RESOURCES AVAILABLE THROUGH PUBLIC AND PRIVATE INSTITUTIONS THAT SPECIALIZE IN ECONOMIC AND BUSINESS ASSISTANCE. THE MISSION IS ACCOMPLISHED THROUGH IDENTIFYING THE ECONOMIC DEVELOPMENT NEEDS OF THE COMMUNITIES AND BUSINESS ORGANIZATIONS IN THE COUNTY, PRIORTIZING THE NEEDS OF EACH GROUP WITH THE NEEDS OF THE COUNTY BASED ON A CONSENSUS OF OPINION FROM THE BOARD OF DIRECTORS, AND CARRYING OUT THE POLICY DECISIONS OF THE BOARD OF DIRECTORS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01264686
IRS990/NetAssetsOrFundBalancesEOYAmt01256699
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06108
IRS990/OccupancyGrp/TotalAmt06108
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01939
IRS990/OfficeExpensesGrp/TotalAmt01939
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08644
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08644
IRS990/OtherExpensesGrp/Desc0TELECOMMUNICATIONS
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02338
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11488
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2597
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3299
IRS990/OtherExpensesGrp/TotalAmt02338
IRS990/OtherExpensesGrp/TotalAmt11488
IRS990/OtherExpensesGrp/TotalAmt2597
IRS990/OtherExpensesGrp/TotalAmt3299
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022694
IRS990/OtherSalariesAndWagesGrp/TotalAmt022694
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01481824
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01563818
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09644
IRS990/PayrollTaxesGrp/TotalAmt09644
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02694
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0292
IRS990/PrincipalOfficerNm0CHERYL KUHN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2541900
IRS990/ProgramServiceRevenueGrp/Desc0REVOLVING LOAN FUND INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1REVOLVING LOAN FUND INCOME
IRS990/ProgramServiceRevenueGrp/Desc2ADMIN & SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt049289
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14099
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23252
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt049289
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14099
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23252
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01059877
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03007
IRS990/PYOtherExpensesAmt041954
IRS990/PYProgramServiceRevenueAmt047789
IRS990/PYRevenuesLessExpensesAmt0935668
IRS990/PYSalariesCompEmpBnftPaidAmt0133051
IRS990/PYTotalExpensesAmt0175005
IRS990/PYTotalRevenueAmt01110673
IRS990/ReconcilationRevenueExpnssAmt0-7987
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0554126
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0416355
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt099944
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01059877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0101808
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt098796
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0107286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01467711
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02287
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03007
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02571
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02343
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02129
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012337
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0157780
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99170
IRS990ScheduleA/PublicSupportPY170Pct00.99270
IRS990ScheduleA/PublicSupportTotal170Amt01467711
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt099944
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01059877
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0101808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt098796
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0107286
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01467711
IRS990ScheduleA/TotalSupportAmt01480048
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01923
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03201
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05124
IRS990ScheduleD/ExpensesSubtotalAmt0166859
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02601
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06991
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09592
IRS990ScheduleD/RevenueSubtotalAmt0158872
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAX STATUS THE ORGANIZATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE ORGANIZATION'S ACCOUNTING POLICY IS TO PRESENT INTEREST AND PENALTIES AS A COMPONENT OF THE PROVISION FOR INCOME TAXES. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO POSSIBLE EXAMINATION BY TAXING AUTHORITIES. WITH FEW EXCEPTIONS, THE TAX RETURNS ESSENTIALLY REMAIN OPEN FOR POSSIBLE EXAMINATION FOR A PERIOD OF THREE YEARS AFTER THE RESPECTIVE FILING DEADLINES OF THOSE RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04524
IRS990ScheduleD/TotalExpensesPerForm990Amt0166859
IRS990ScheduleD/TotalRevenuePerForm990Amt0158872
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0158872
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0166859
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO -CREATE AND OBTAIN" JOBS IN STEVENS COUNTY, MINNESOTA. THE ORGANIZATION LINKS THE IDENTIFIED NEEDS OF THE COMMUNITY TO THE ECONOMIC DEVELOPMENT RESOURCES AVAILABLE THROUGH PUBLIC AND PRIVATE INSTITUTIONS THAT SPECIALIZE IN ECONOMIC AND BUSINESS ASSISTANCE. THE MISSION IS ACCOMPLISHED THROUGH IDENTIFYING THE ECONOMIC DEVELOPMENT NEEDS OF THE COMMUNITIES AND BUSINESS ORGANIZATIONS IN THE COUNTY, PRIORTIZING THE NEEDS OF EACH GROUP WITH THE NEEDS OF THE COUNTY BASED ON A CONSENSUS OF OPINION FROM THE BOARD OF DIRECTORS, AND CARRYING OUT THE POLICY DECISIONS OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INTERESTS ARE DISCLOSED TO DETERMINE IF A CONFLICT IS PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01250299
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01252469
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02102658
IRS990/TotalAssetsEOYAmt02027472
IRS990/TotalAssetsGrp/BOYAmt02102658
IRS990/TotalAssetsGrp/EOYAmt02027472
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt099944
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0150675
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt016184
IRS990/TotalFunctionalExpensesGrp/TotalAmt0166859
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0837972
IRS990/TotalLiabilitiesEOYAmt0770773
IRS990/TotalLiabilitiesGrp/BOYAmt0837972
IRS990/TotalLiabilitiesGrp/EOYAmt0770773
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01264686
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01256699
IRS990/TotalOtherCompensationAmt07684
IRS990/TotalProgramServiceExpensesAmt016184
IRS990/TotalProgramServiceRevenueAmt056640
IRS990/TotalReportableCompFromOrgAmt087371
IRS990/TotalRevenueGrp/ExclusionAmt02288
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt056640
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0158872
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02102658
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02027472
IRS990/TravelGrp/ManagementAndGeneralAmt02189
IRS990/TravelGrp/TotalAmt02189
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.35$1.27$0.24$0.20$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.41$1.23$0.18$0.25$0.07
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.47$1.30$0.16$0.15$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.52$1.30$0.16$0.17$0.01
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.88$0.57$1.31$0.23$0.15$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.62$1.23$0.15$0.15$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.67$1.23$0.15$0.19$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.72$1.28$0.16$0.14$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.03$0.77$1.26$0.16$0.17$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.10$0.84$1.26$1.11$0.18$0.94
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.72$1.39$0.33$0.16$0.20$0.04
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.30$0.93$0.37$0.15$0.23$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.97$0.46$0.23
2011Summary only. Only limited summary data is available for this year.$1.48$1.00$0.48$0.23$0.38$0.15