Civic Intelligence

Handicapped Development Center

990 • Fiscal year 2021 • EIN 42-0947868

Jul 01, 2020 to Jun 30, 2021 • Filed on May 09, 2022

3402 Hickory Grove RoadDavenport, IA 52806

(563) 391-4834

Siviq Scores

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

Liabilities / Assets

26th percentile

0.04x

Higher debt load relative to assets than 26% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

19th percentile

0.07x

Higher debt load relative to revenue than 19% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

68th percentile

23%

Higher net margin than 68% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

65th percentile

16%

Faster asset growth than 65% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

19%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$35,091,381

Up $4,846,014 (+16%) from 2020

Net Assets

Up

$33,532,020

Up $7,685,331 (+30%) from 2020

Liabilities

Down

$1,559,361

Down $2,839,317 (-65%) from 2020

Revenue

Up

$23,612,194

Up $3,834,069 (+19%) from 2020

Expenses

Up

$18,287,076

Up $593,364 (+3.4%) from 2020

Net Income

Up

$5,325,118

Up $3,240,705 (+155%) from 2020

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $14,774,993Liabilities 2010: $2,213,174Net Assets 2010: $12,561,8192010Assets 2011: $16,611,968Liabilities 2011: $2,133,788Net Assets 2011: $14,478,1802011Assets 2012: $15,627,720Liabilities 2012: $1,260,233Net Assets 2012: $14,367,4872012Assets 2013: $16,715,084Liabilities 2013: $1,170,553Net Assets 2013: $15,544,5312013Assets 2014: $18,368,594Liabilities 2014: $1,210,170Net Assets 2014: $17,158,4242014Assets 2015: $20,142,386Liabilities 2015: $2,578,777Net Assets 2015: $17,563,6092015Assets 2016: $20,417,781Liabilities 2016: $1,499,585Net Assets 2016: $18,918,1962016Assets 2017: $22,320,618Liabilities 2017: $1,395,631Net Assets 2017: $20,924,9872017Assets 2018: $23,130,114Liabilities 2018: $1,196,989Net Assets 2018: $21,933,1252018Assets 2019: $25,477,028Liabilities 2019: $1,681,233Net Assets 2019: $23,795,7952019Assets 2020: $30,245,367Liabilities 2020: $4,398,678Net Assets 2020: $25,846,6892020Assets 2021: $35,091,381Liabilities 2021: $1,559,361Net Assets 2021: $33,532,0202021Assets 2022: $33,865,696Liabilities 2022: $1,629,671Net Assets 2022: $32,236,0252022Assets 2023: $37,538,110Liabilities 2023: $2,061,465Net Assets 2023: $35,476,6452023Assets 2024: $39,573,843Liabilities 2024: $1,267,054Net Assets 2024: $38,306,7892024

Highlighted filing

2021

Assets$35,091,381
Liabilities$1,559,361
Net Assets$33,532,020

Operations Trend

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

$30M$20M$10M$0Expenses 2010: $13,581,8122010Revenue 2011: $15,353,524Expenses 2011: $14,133,559Net Income 2011: $1,219,9652011Expenses 2012: $15,095,3252012Expenses 2013: $15,750,7292013Revenue 2014: $17,550,968Expenses 2014: $16,237,547Net Income 2014: $1,313,4212014Revenue 2015: $18,672,286Expenses 2015: $17,942,121Net Income 2015: $730,1652015Revenue 2016: $19,094,872Expenses 2016: $17,275,169Net Income 2016: $1,819,7032016Revenue 2017: $19,659,674Expenses 2017: $18,236,889Net Income 2017: $1,422,7852017Revenue 2018: $19,054,533Expenses 2018: $18,141,478Net Income 2018: $913,0552018Revenue 2019: $19,593,590Expenses 2019: $17,578,535Net Income 2019: $2,015,0552019Revenue 2020: $19,778,125Expenses 2020: $17,693,712Net Income 2020: $2,084,4132020Revenue 2021: $23,612,194Expenses 2021: $18,287,076Net Income 2021: $5,325,1182021Revenue 2022: $21,808,048Expenses 2022: $19,885,708Net Income 2022: $1,922,3402022Revenue 2023: $21,716,730Expenses 2023: $20,011,812Net Income 2023: $1,704,9182023Revenue 2024: $22,241,704Expenses 2024: $20,754,828Net Income 2024: $1,486,8762024

Highlighted filing

2021

Revenue$23,612,194
Expenses$18,287,076
Net Income$5,325,118
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 9, 2022
Return Version
2020v4.0
Gross Receipts
$28,557,953
Mission and Program Overview

Mission

The handicapped development center is a non-profit organization whose purpose is to plan, establish, and operate programs which provide opportunities and assistance to persons with disabilities in and around scott county, iowa.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,375,166$15,556,470▲ $6,181,304
Savings and Temporary Cash Investments$13,789,491$12,053,029▼ $1,736,462
Land, Buildings, and Equipment, Net$4,479,461$4,297,797▼ $181,664
Accounts Receivable$1,735,068$1,827,960▲ $92,892
Investments Other Securities$396,229$983,416▲ $587,187
Prepaid Expenses and Deferred Charges$200,868$103,088▼ $97,780
Inventories for Sale or Use$8,711$4,427▼ $4,284
Total Assets$30,245,367$35,091,381▲ $4,846,014
Other Assets Total$260,373$265,194▲ $4,821
Liabilities
Unsecured Notes Loans Payable$2,882,175--
Accounts Payable and Accrued Expenses$1,516,503$1,559,361▲ $42,858
Total Liabilities$4,398,678$1,559,361▼ $2,839,317
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,213,246$28,802,404▲ $7,589,158
Net Assets With Donor Restrictions$4,633,443$4,729,616▲ $96,173
Total Net Assets Fund Balance$25,846,689$33,532,020▲ $7,685,331
Total Liabilities and Net Assets / Fund Balance$30,245,367$35,091,381▲ $4,846,014

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,134,375$8,253,659$11,388,034
Equipment$594,712$3,178,270$3,772,982
Land$543,026-$543,026
Leasehold Improvements$25,684$38,450$64,134

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$9,773,426$458,764▲ $2,751,500-$12,890,856
2019$9,158,302$677,135▲ $312,831$181,541$9,773,426
2018$8,833,663$117,437▲ $418,277-$9,158,302
2017$8,438,224$167,486▲ $661,054$180,296$8,833,663
2016$7,110,288$499,286▲ $1,076,115-$8,438,224
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jeff AshcraftPresidentFT$219,062$24,919$243,981
Carol FosterCAOFT$120,568$17,953$138,521
Loretha BoyceResident COUFT$125,572$11,845$137,417
Linda GillCOOFT$119,427$16,234$135,661
Scott BittingVP Hdc EnterFT$114,162$17,263$131,425
Ken KerkerCFOFT$112,271$11,654$123,925
Tena DreherLpnFT$109,116$11,061$120,177

Board Members and Trustees

NameTitle
Jeff HasselChairman
Jody MapesVice Chairma
Todd GradyVice Chairma
Ann KappeierDirector
Cameron DavidsonDirector
Carrie Ott DevineDirector
Cody AllenDirector
Dan M MolyneauxDirector
Greg KautzDirector
Jarod PowellDirector
Jessica Daniel-clarkDirector
Kevin KellyDirector
Linda MandersDirector
Patrick OlsenDirector
Sally DickeyDirector
Scott KurtzDirector
Steve VanderschaafDirector
TIM O'NEILDirector
Todd JohnsonDirector
Tom BleyDirector
Tom LiceaDirector
Scott NaumannSecretary
Samantha SchulzeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,968,110
Program Service Revenue
$16,618,171
Investment Income
$737,634
Other Revenue
$1,288,279
All Other Contributions
$791,962
Change in Net Assets
$5,325,118

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,542,404
Revenue Not Reported on Financial Statements
$69,790
Revenue Not Reported on Form 990
$2,360,213
Total Revenue per Audited Statements
$25,902,617
Total Revenue per Form 990
$23,612,194
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$15,443,907
Other Expenses$2,843,169
Total Fundraising Expense$238,170
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,026,981$386,508$103,432$11,516,921
Other Employee Benefits$1,164,080$99,906$18,565$1,282,551
Payroll Taxes$1,064,479$74,548$5,504$1,144,531
Current Officers, Directors, Trustees, and Key Employees$389,000$642,088-$1,031,088
Fees for Services Other$616,592$98,875-$715,467
Occupancy$505,890$16,531-$522,421
Depreciation Depletion$441,262$37,045-$478,307
Pension Plan Contributions$455,722$9,923$3,171$468,816
Travel$218,578$3,223$273$222,074
Fees for Service Investment Mgmnt Fees--$69,790$69,790
Other Expenses$104$7,992$28,787$36,883
Fees for Services Legal-$33,485-$33,485
All Other Expenses$13,768$3,679$6,214$23,661
Total Functional Expenses$16,539,780$1,509,126$238,170$18,287,076

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$18,287,076
Expenses per Audited Statements$18,217,286
Total Expenses per Audited Statements$18,217,286
Expenses Not Reported on Financial Statements$69,790
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Daniel M MolyneauxDirectorInsurance PremiumNo$165,763
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
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Tom bley samanatha schulze director treasurer family

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

A copy of the form 990 will be sent electronically to board members prior to the submission of the return to the internal revenue service.

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

The organization monitors the conflict of interest policy through regular contact with applicable parties through meetings and events. In the event of a suspected conflict of interest, the chairman of the governing board is notified to consider what action will be taken.

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

The compensation of the top management official is reviewed and approved annually by the organization's human resources committee. The committee consults numerous local and regional resources in making compensation decisions.

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

The compensation of officers and all employees are reviewed and approved annually by the top management official and the organization's human resources committee.

Form 990, Page 6, Part VI, Line 19

The governing documents and conflict of interest policy are available to the public upon request from the organization.

Filing and Contact Details

Filer

Filer Name
Handicapped Development Center
EIN
42-0947868
Phone
5633914834
Address
3402 HICKORY GROVE ROAD, DAVENPORT, IA 52806

Signing Officer

Name
Jeff Hassel
Title
Chairman
Phone
5633914834
Signed
2022-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Ashcraft
Formed
1969
Legal Domicile
Ia
Voting Board Members
23
Independent Board Members
23
Employees
601
Volunteers
70

Preparer

Firm
Anderson Lower Whitlow Pc
Address
1805 STATE ST STE 201, BETTENDORF, IA 52722
Preparer
Barry L Anderson
Phone
5633594757
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The handicapped development center is a non-profit organization whose purpose is to plan, establish, and operate programs which provide opportunities and assistance to persons with disabilities in and around scott county, iowa.

Form 990, Page 2, Part III, Line 4D

Personal independence services assist persons with severe, multiple disabilities to live and work in the least restrictive environment by providing training in the areas of daily living skills, work skills, and accessing community resources. Number of indiviuals served: 132

Financial Statement Notes

Schedule D, Page 3, Part X

Handicapped development center and h.d.c., inc. Are incorporated as nonprofit organizations and are exempt from federal income taxes under provisions of section 501(c)(3) of the u.s. Internal revenue code and comparable state law. The organizations have been classified as publicly supported organizations that are not private foundations under section 509 (a) of the code. The organizations evaluate the tax benefits of a tax position using the "more likely than not" threshold. As of june 30, 2021, management is not aware of any uncertain tax positions and related tax benefits which would be material to the organizations' combined financial statements. The organizations file u.s. Federal informational returns which for years subsequent to fiscal year 2017 are subject to examination by taxing authorities.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CAO
IRS990/Form990PartVIISectionAGrp/TitleTxt2RESIDENT COU
IRS990/Form990PartVIISectionAGrp/TitleTxt3COO
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP HDC ENTER
IRS990/Form990PartVIISectionAGrp/TitleTxt5CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt6LPN
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
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IRS990/FormationYr01969
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IRS990/MissionDesc0THE HANDICAPPED DEVELOPMENT CENTER IS A NON-PROFIT ORGANIZATION WHOSE PURPOSE IS TO PLAN, ESTABLISH, AND OPERATE PROGRAMS WHICH PROVIDE OPPORTUNITIES AND ASSISTANCE TO PERSONS WITH DISABILITIES IN AND AROUND SCOTT COUNTY, IOWA.
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IRS990/OtherExpensesGrp/ProgramServicesAmt272788
IRS990/OtherExpensesGrp/ProgramServicesAmt3104
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IRS990/OtherExpensesGrp/TotalAmt284775
IRS990/OtherExpensesGrp/TotalAmt336883
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IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT FEE INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt036657
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt111962

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.$39.6$1.27$38.3$22.2$20.8$1.49
2023Summary only. Only limited summary data is available for this year.$37.5$2.06$35.5$21.7$20.0$1.70
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.9$1.63$32.2$21.8$19.9$1.92
2021Detailed filing. Detailed filing data is available for this year.$35.1$1.56$33.5$23.6$18.3$5.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.2$4.40$25.8$19.8$17.7$2.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.5$1.68$23.8$19.6$17.6$2.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$1.20$21.9$19.1$18.1$0.91
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$1.40$20.9$19.7$18.2$1.42
2016Detailed filing. Detailed filing data is available for this year.$20.4$1.50$18.9$19.1$17.3$1.82
2015Summary only. Only limited summary data is available for this year.$20.1$2.58$17.6$18.7$17.9$0.73
2014Summary only. Only limited summary data is available for this year.$18.4$1.21$17.2$17.6$16.2$1.31
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$1.17$15.5$15.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.6$1.26$14.4$15.1
2011Summary only. Only limited summary data is available for this year.$16.6$2.13$14.5$15.4$14.1$1.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.8$2.21$12.6$13.6