Civic Intelligence

Aitkin County Growth Inc.

990 • Fiscal year 2014 • EIN 41-1555856

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

Organization ProfileN/A
316 First Avenue NWAitkin, MN 56431

(218) 927-2172

Siviq Scores

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

Liabilities / Assets

65th percentile

0.26x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

1.06x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

44th percentile

$49,999

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

78th percentile

15%

Faster asset growth than 78% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

62%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$3,179,913

Up $415,658 (+15%) from 2013

Net Assets

Up

$2,356,939

Up $331,616 (+16%) from 2013

Liabilities

Up

$822,974

Up $84,042 (+11%) from 2013

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin84th percentile

Revenue

Up

$779,735

Up $299,732 (+62%) from 2013

Expenses

Up

$552,671

Up $262,953 (+91%) from 2013

Net Income

Up

$227,064

Up $36,779 (+19%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,838,575Liabilities 2010: $989,817Net Assets 2010: $1,848,7582010Assets 2011: $2,732,235Liabilities 2011: $912,275Net Assets 2011: $1,819,9602011Assets 2012: $2,689,160Liabilities 2012: $844,814Net Assets 2012: $1,844,3462012Assets 2013: $2,764,255Liabilities 2013: $738,932Net Assets 2013: $2,025,3232013Assets 2014: $3,179,913Liabilities 2014: $822,974Net Assets 2014: $2,356,9392014Assets 2015: $3,412,888Liabilities 2015: $676,076Net Assets 2015: $2,736,8122015Assets 2016: $4,037,846Liabilities 2016: $462,109Net Assets 2016: $3,575,7372016Assets 2017: $3,530,087Liabilities 2017: $23,693Net Assets 2017: $3,506,3942017Assets 2018: $2,870,842Liabilities 2018: $44,292Net Assets 2018: $2,826,5502018Assets 2019: $2,220,447Liabilities 2019: $191,721Net Assets 2019: $2,028,7262019Assets 2020: $1,822,666Liabilities 2020: $8,324Net Assets 2020: $1,814,3422020Assets 2021: $1,762,985Liabilities 2021: $21,243Net Assets 2021: $1,741,7422021Assets 2022: $1,754,960Liabilities 2022: $46,224Net Assets 2022: $1,708,7362022Assets 2023: $1,332,320Liabilities 2023: $14,378Net Assets 2023: $1,317,9422023Assets 2024: $1,649,084Liabilities 2024: $177,810Net Assets 2024: $1,471,2742024

Highlighted filing

2014

Assets$3,179,913
Liabilities$822,974
Net Assets$2,356,939
Open 2014 Filing

Operations Trend

Revenue Growth90th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $370,2122010Expenses 2011: $324,1072011Expenses 2012: $307,7022012Revenue 2013: $480,003Expenses 2013: $289,718Net Income 2013: $190,2852013Revenue 2014: $779,735Expenses 2014: $552,671Net Income 2014: $227,0642014Revenue 2015: $984,720Expenses 2015: $593,489Net Income 2015: $391,2312015Revenue 2016: $1,244,386Expenses 2016: $592,539Net Income 2016: $651,8472016Revenue 2017: $207,504Expenses 2017: $300,820Net Income 2017: -$93,3162017Revenue 2018: $162,242Expenses 2018: $1,505,866Net Income 2018: -$1,343,6242018Revenue 2019: $245,287Expenses 2019: $402,595Net Income 2019: -$157,3082019Revenue 2020: $99,830Expenses 2020: $299,377Net Income 2020: -$199,5472020Revenue 2021: $120,445Expenses 2021: $193,045Net Income 2021: -$72,6002021Revenue 2022: $286,387Expenses 2022: $319,393Net Income 2022: -$33,0062022Revenue 2023: -$93,337Expenses 2023: $319,033Net Income 2023: -$412,3702023Revenue 2024: $416,035Expenses 2024: $261,726Net Income 2024: $154,3092024

Highlighted filing

2014

Revenue$779,735
Expenses$552,671
Net Income$227,064
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$779,735
Mission and Program Overview

Mission

Promoting economic development opportunities to the surrounding area, providing incentives for new businesses to locate in the aitkin area, and creating new employment opportunities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,891,205$1,847,129▼ $44,076
Investments Other Securities$373,527$852,930▲ $479,403
Savings and Temporary Cash Investments$182,112$190,816▲ $8,704
Accounts Receivable$16,103$20,140▲ $4,037
Prepaid Expenses and Deferred Charges$19,723$14,919▼ $4,804
Cash and Non-Interest-Bearing Accounts$7,878$7,291▼ $587
Investments in Publicly Traded Securities$2,060--
Other Notes and Loans Receivable, Net$26,342$950▼ $25,392
Intangible Assets$841$502▼ $339
Total Assets$2,764,255$3,179,913▲ $415,658
Other Assets Total$244,464$245,236▲ $772
Liabilities
Mortgage Notes Payable Secured by Investment Property$674,009$635,579▼ $38,430
Accounts Payable and Accrued Expenses$64,923$177,096▲ $112,173
Other Liabilities-$10,299-
Total Liabilities$738,932$822,974▲ $84,042
Net Assets / Fund Balance
Unrestricted Net Assets$2,025,323$2,356,939▲ $331,616
Total Net Assets Fund Balance$2,025,323$2,356,939▲ $331,616
Total Liabilities and Net Assets / Fund Balance$2,764,255$3,179,913▲ $415,658

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,562,141$1,401,281$2,963,422
Land$259,088-$259,088
Equipment$16,568$36,486$53,054
Other Land Buildings$9,332$7,711$17,043
Other Assets Org$245,236--
Closely Held Equity Interests$852,930--
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dave HasskampChairman/prePT$49,999$49,999

Board Members and Trustees

NameTitle
Bill ForderDirector
Jerry HolmDirector
Terry RobinsonDirector
Larry NelsonSecy/treasur
Revenue and Support

Revenue Composition

Contributions and Grants
$2,164
Program Service Revenue
$379,862
Investment Income
$717
Other Revenue
$396,992
All Other Contributions
$2,164
Change in Net Assets
$227,064

Audited Revenue Reconciliation

Revenue per Audited Statements
$779,735
Revenue Not Reported on Form 990
$104,552
Total Revenue per Audited Statements
$884,287
Total Revenue per Form 990
$779,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$452,586
Salaries, Compensation, and Employee Benefits$100,085
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$89,075--$89,075
Occupancy$67,058$9,591-$76,649
Current Officers, Directors, Trustees, and Key Employees$37,499$12,500-$49,999
Fees for Services Accounting-$47,831-$47,831
Other Salaries and Wages$32,112$10,704-$42,816
Insurance$19,046$6,347-$25,393
Interest$22,511--$22,511
Payroll Taxes$5,453$1,817-$7,270
Other Expenses$512$508-$1,020
Fees for Services Other$917--$917
Advertising$100--$100
Total Functional Expenses$299,933$252,738$0$552,671

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$552,671
Total Expenses per Audited Statements$552,671
Total Expenses per Form 990$552,671
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Ppd Rent$7,300
Payroll Taxes Payable$2,999
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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 chairman of the board reviews and approves the 990 before filing”

Form 990, Page 6, Part VI, Line 19

“Documents of public record are made available upon reasonable request.”

Filing and Contact Details

Filer

Filer Name
Aitkin County Growth Inc
EIN
41-1555856
Phone
2189272172
Address
316 FIRST AVENUE NW, AITKIN, MN 56431

Signing Officer

Name
Mike Hagen
Title
Executive Director
Phone
2189272172
Signed
2015-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Hagen
Formed
1989
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
10

Preparer

Firm
B Johnson & Assoc Ltd
Address
11610 ANDREW ST, BRAINERD, MN 56401
Preparer
Thaddeus F Johnson CPA
Phone
2188293501
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Promoting economic development opportunities to the surrounding area, providing incentives for new businesses to locate in the aitkin area, and creating new employment opportunities”

Raw XML AppendixShowing 400 of 408 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt064923
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0177096
IRS990/AccountsReceivableGrp/BOYAmt016103
IRS990/AccountsReceivableGrp/EOYAmt020140
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTING ECONOMIC DEVELOPMENT OPPORTUNITIES TO THE SURROUNDING AREA, PROVIDING INCENTIVES FOR NEW BUSINESSES TO LOCATE IN THE AITKIN AREA, AND CREATING NEW EMPLOYMENT OPPORTUNITIES
IRS990/AdvertisingGrp/ProgramServicesAmt0100
IRS990/AdvertisingGrp/TotalAmt0100
IRS990/AllOtherContributionsAmt02164
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JEANIE COLLINS
IRS990/BooksInCareOfDetail/PhoneNum02189272172
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0316 1ST AVE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0AITKIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd056431
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt07878
IRS990/CashNonInterestBearingGrp/EOYAmt07291
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt012500
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt037499
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt049999
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02164
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0717
IRS990/CYOtherExpensesAmt0452586
IRS990/CYOtherRevenueAmt0396992
IRS990/CYProgramServiceRevenueAmt0379862
IRS990/CYRevenuesLessExpensesAmt0227064
IRS990/CYSalariesCompEmpBnftPaidAmt0100085
IRS990/CYTotalExpensesAmt0552671
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0779735
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt089075
IRS990/DepreciationDepletionGrp/TotalAmt089075
IRS990/Desc0MISSION: JOB CREATION AND AIDING THE ECONOMIC DEVELOPMENT AND DIVERSIFICATION OF AITKIN COUNTY, MN BY PROVIDING FINANCING AND INCUBATOR SPACE TO DEVELOPING BUSINESS AND BY SERVING AS A CONDUIT FOR SPECIALIZED FUNDING FOR AGRICULTURAL PRODUCT DIVERSIFICATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0299933
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt047831
IRS990/FeesForServicesAccountingGrp/TotalAmt047831
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0917
IRS990/FeesForServicesOtherGrp/TotalAmt0917
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVE HASSKAMP
IRS990/Form990PartVIISectionAGrp/PersonNm1TERRY ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm2JERRY HOLM
IRS990/Form990PartVIISectionAGrp/PersonNm3LARRY NELSON
IRS990/Form990PartVIISectionAGrp/PersonNm4BILL FORDER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt049999
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN/PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECY/TREASUR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr01989
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0779735
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt06347
IRS990/InsuranceGrp/ProgramServicesAmt019046
IRS990/InsuranceGrp/TotalAmt025393
IRS990/IntangibleAssetsGrp/BOYAmt0841
IRS990/IntangibleAssetsGrp/EOYAmt0502
IRS990/InterestGrp/ProgramServicesAmt022511
IRS990/InterestGrp/TotalAmt022511
IRS990/InvestmentIncomeGrp/ExclusionAmt0717
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0717
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0373527
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0852930
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02060
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01445478
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01891205
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01847129
IRS990/LandBldgEquipCostOrOtherBssAmt03292607
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTING ECONOMIC DEVELOPMENT OPPORTUNITIES TO THE SURROUNDING AREA, PROVIDING INCENTIVES FOR NEW BUSINESSES TO LOCATE IN THE AITKIN AREA, AND CREATING NEW EMPLOYMENT OPPORTUNITIES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0674009
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0635579
IRS990/NetAssetsOrFundBalancesBOYAmt02025323
IRS990/NetAssetsOrFundBalancesEOYAmt02356939
IRS990/NetUnrelatedBusTxblIncmAmt0389010
IRS990/NetUnrlzdGainsLossesInvstAmt0104552
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt09591
IRS990/OccupancyGrp/ProgramServicesAmt067058
IRS990/OccupancyGrp/TotalAmt076649
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0244464
IRS990/OtherAssetsTotalGrp/EOYAmt0245236
IRS990/OtherExpensesGrp/Desc0TAXES - FEDERAL INCOME
IRS990/OtherExpensesGrp/Desc1MAINTENANCE/REPAIRS
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0163440
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1508
IRS990/OtherExpensesGrp/ProgramServicesAmt025650
IRS990/OtherExpensesGrp/ProgramServicesAmt1512
IRS990/OtherExpensesGrp/TotalAmt0163440
IRS990/OtherExpensesGrp/TotalAmt125650
IRS990/OtherExpensesGrp/TotalAmt21020
IRS990/OtherLiabilitiesGrp/EOYAmt010299
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0AMERICAN PEAT TECH LLC
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0396992
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0396992
IRS990/OtherRevenueTotalAmt0396992
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010704
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt032112
IRS990/OtherSalariesAndWagesGrp/TotalAmt042816
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt026342
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0950
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01817
IRS990/PayrollTaxesGrp/ProgramServicesAmt05453
IRS990/PayrollTaxesGrp/TotalAmt07270
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019723
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014919
IRS990/PrincipalOfficerNm0MIKE HAGEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/Desc1STATE GRANT
IRS990/ProgramServiceRevenueGrp/Desc2TIF
IRS990/ProgramServiceRevenueGrp/Desc3MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0309943
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt150057
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217055
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32807
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0309943
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt150057
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32807
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-13433
IRS990/PYOtherExpensesAmt0226357
IRS990/PYOtherRevenueAmt0158050
IRS990/PYProgramServiceRevenueAmt0333886
IRS990/PYRevenuesLessExpensesAmt0190285
IRS990/PYSalariesCompEmpBnftPaidAmt063361
IRS990/PYTotalExpensesAmt0289718
IRS990/PYTotalRevenueAmt0480003
IRS990/ReconcilationRevenueExpnssAmt0227064
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0182112
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0190816
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02164
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt012592
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt014500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt035356
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0717
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01948
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02977
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0115
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01919
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0379862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0333886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0319269
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0259934
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0290200
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01583151
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0257464
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027770
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02977
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01919
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0307245
IRS990ScheduleA/InvestmentIncomeCYPct00.16000
IRS990ScheduleA/InvestmentIncomePYPct00.03000
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt0256747
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt025822
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt017000
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt0299569
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84050
IRS990ScheduleA/PublicSupportPY509Pct00.96510
IRS990ScheduleA/PublicSupportTotal509Amt01618507
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0382026
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0335386
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0331861
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0274434
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0294800
IRS990ScheduleA/Total509Grp/TotalAmt01618507
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0639490
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0363156
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0334838
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0291549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0296719
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01925752
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01562141
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01401281
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02963422
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0852930
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EquipmentGrp/BookValueAmt016568
IRS990ScheduleD/EquipmentGrp/DepreciationAmt036486
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt053054
IRS990ScheduleD/ExpensesSubtotalAmt0552671
IRS990ScheduleD/LandGrp/BookValueAmt0259088
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0259088
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0104552
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0245236
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09332
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07711
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt017043
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12999
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT PPD RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt0104552
IRS990ScheduleD/RevenueSubtotalAmt0779735
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01847129
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0245236
IRS990ScheduleD/TotalBookValueSecuritiesAmt0852930
IRS990ScheduleD/TotalExpensesPerForm990Amt0552671
IRS990ScheduleD/TotalLiabilityAmt010299
IRS990ScheduleD/TotalRevenuePerForm990Amt0779735
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0884287
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0552671
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTING ECONOMIC DEVELOPMENT OPPORTUNITIES TO THE SURROUNDING AREA, PROVIDING INCENTIVES FOR NEW BUSINESSES TO LOCATE IN THE AITKIN AREA, AND CREATING NEW EMPLOYMENT OPPORTUNITIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAIRMAN OF THE BOARD REVIEWS AND APPROVES THE 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS OF PUBLIC RECORD ARE MADE AVAILABLE UPON REASONABLE 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 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02764255
IRS990/TotalAssetsEOYAmt03179913
IRS990/TotalAssetsGrp/BOYAmt02764255
IRS990/TotalAssetsGrp/EOYAmt03179913
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02164
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0252738
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0299933
IRS990/TotalFunctionalExpensesGrp/TotalAmt0552671
IRS990/TotalGrossUBIAmt0396992
IRS990/TotalLiabilitiesBOYAmt0738932
IRS990/TotalLiabilitiesEOYAmt0822974
IRS990/TotalLiabilitiesGrp/BOYAmt0738932
IRS990/TotalLiabilitiesGrp/EOYAmt0822974
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02025323
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02356939
IRS990/TotalProgramServiceExpensesAmt0299933
IRS990/TotalProgramServiceRevenueAmt0379862
IRS990/TotalReportableCompFromOrgAmt049999
IRS990/TotalRevenueGrp/ExclusionAmt0717
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0379862
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0779735
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0396992
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02764255
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03179913
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02025323
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02356939
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0316 FIRST AVE NW
IRS990/USAddress/CityNm0AITKIN
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056431
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE HAGEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02189272172
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AITKIN COUNTY GROWTH INC
ReturnHeader/Filer/BusinessNameControlTxt0AITK
ReturnHeader/Filer/EIN0411555856
ReturnHeader/Filer/PhoneNum02189272172
ReturnHeader/Filer/USAddress/AddressLine1Txt0316 FIRST AVENUE NW
ReturnHeader/Filer/USAddress/CityNm0AITKIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056431
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411927189
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0B JOHNSON & ASSOC LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt011610 ANDREW ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRAINERD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056401

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,179,913
Liabilities
$822,974
Net assets
$2,356,939
Revenue
$779,735
Expenses
$552,671
Net income
$227,064
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.18$1.47$0.42$0.26$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.01$1.32$0.09$0.32$0.41
2022Detailed filing. Detailed filing data is available for this year.$1.75$0.05$1.71$0.29$0.32$0.03
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.76$0.02$1.74$0.12$0.19$0.07
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.82$0.01$1.81$0.10$0.30$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.19$2.03$0.25$0.40$0.16
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.87$0.04$2.83$0.16$1.51$1.34
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.53$0.02$3.51$0.21$0.30$0.09
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.04$0.46$3.58$1.24$0.59$0.65
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.41$0.68$2.74$0.98$0.59$0.39
2014Detailed filing. Detailed filing data is available for this year.$3.18$0.82$2.36$0.78$0.55$0.23
2013Detailed filing. Detailed filing data is available for this year.$2.76$0.74$2.03$0.48$0.29$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.84$1.84$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.73$0.91$1.82$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.99$1.85$0.37