Civic Intelligence

Sigourney Area Development Corporation

990 • Fiscal year 2018 • EIN 42-1084764

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 30, 2019

Organization ProfileWWW.SIGOURNEY.COM
112 E Washington StSigourney, IA 52591

(641) 622-2288

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.01x

Higher debt load relative to assets than 32% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.16x

Higher debt load relative to revenue than 66% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

80th percentile

15%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

43rd percentile

$8,599

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

43rd percentile

1.0%

Faster asset growth than 43% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

13%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$674,160

Up $6,433 (+1.0%) from 2017

Net Assets

Up

$667,269

Up $6,272 (+0.9%) from 2017

Liabilities

Up

$6,891

Up $161 (+2.4%) from 2017

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin80th percentile

Revenue

Up

$42,031

Up $4,898 (+13%) from 2017

Expenses

Up

$35,759

Up $4,699 (+15%) from 2017

Net Income

Up

$6,272

Up $199 (+3.3%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$800K$600K$400K$200K$0Assets 2010: $659,186Liabilities 2010: $2,425Net Assets 2010: $656,7612010Assets 2011: $677,032Liabilities 2011: $6,869Net Assets 2011: $670,1632011Assets 2012: $684,011Liabilities 2012: $7,401Net Assets 2012: $676,6102012Assets 2013: $665,948Liabilities 2013: $8,844Net Assets 2013: $657,1042013Assets 2014: $670,658Liabilities 2014: $7,069Net Assets 2014: $663,5892014Assets 2015: $667,906Liabilities 2015: $7,020Net Assets 2015: $660,8862015Assets 2016: $661,404Liabilities 2016: $6,481Net Assets 2016: $654,9232016Assets 2017: $667,727Liabilities 2017: $6,730Net Assets 2017: $660,9972017Assets 2018: $674,160Liabilities 2018: $6,891Net Assets 2018: $667,2692018Assets 2019: $673,256Liabilities 2019: $6,862Net Assets 2019: $666,3942019Assets 2020: $731,800Liabilities 2020: $5,553Net Assets 2020: $726,2472020Assets 2021: $746,490Liabilities 2021: $6,634Net Assets 2021: $739,8562021Assets 2022: $759,196Liabilities 2022: $5,001Net Assets 2022: $754,1952022Assets 2023: $777,203Liabilities 2023: $0Net Assets 2023: $777,2032023Assets 2024: $748,131Liabilities 2024: $0Net Assets 2024: $748,1312024

Highlighted filing

2018

Assets$674,160
Liabilities$6,891
Net Assets$667,269
Open 2018 Filing

Operations Trend

Revenue Growth75th percentile

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

$100K$50K$0-$50KExpenses 2010: $28,5422010Expenses 2011: $27,0792011Revenue 2012: $46,605Expenses 2012: $40,158Net Income 2012: $6,4472012Revenue 2013: $53,810Expenses 2013: $73,316Net Income 2013: -$19,5062013Revenue 2014: $54,948Expenses 2014: $48,463Net Income 2014: $6,4852014Revenue 2015: $39,278Expenses 2015: $41,924Net Income 2015: -$2,6462015Revenue 2016: $33,821Expenses 2016: $39,784Net Income 2016: -$5,9632016Revenue 2017: $37,133Expenses 2017: $31,060Net Income 2017: $6,0732017Revenue 2018: $42,031Expenses 2018: $35,759Net Income 2018: $6,2722018Revenue 2019: $37,210Expenses 2019: $38,085Net Income 2019: -$8752019Revenue 2020: $96,389Expenses 2020: $36,236Net Income 2020: $60,1532020Revenue 2021: $44,267Expenses 2021: $30,658Net Income 2021: $13,6092021Revenue 2022: $46,488Expenses 2022: $32,149Net Income 2022: $14,3392022Revenue 2023: $76,022Expenses 2023: $53,014Net Income 2023: $23,0082023Revenue 2024: $55,202Expenses 2024: $59,491Net Income 2024: -$4,2892024

Highlighted filing

2018

Revenue$42,031
Expenses$35,759
Net Income$6,272
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 30, 2019
Return Version
2018v3.1
Gross Receipts
$62,305
Mission and Program Overview

Mission

Promote comunity welfare & industrial development. We seek to have a robust comminity by promoting employment which drives economic growth in the area. Ultimately this assists in providing for a high quality of life both locally and throughout keokuk county. To strive for this we serve a lead role in industrial, tourism and community developyment activities.

Promote community welfare & industrial development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$279,462$309,422▲ $29,960
Other Notes and Loans Receivable, Net$200,163$180,441▼ $19,722
Land, Buildings, and Equipment, Net$149,669$148,900▼ $769
Savings and Temporary Cash Investments$19,716$19,736▲ $20
Total Assets$667,727$674,160▲ $6,433
Other Assets Total$18,717$15,661▼ $3,056
Liabilities
Accounts Payable and Accrued Expenses$6,730$6,891▲ $161
Total Liabilities$6,730$6,891▲ $161
Net Assets / Fund Balance
Unrestricted Net Assets$660,997$667,269▲ $6,272
Total Net Assets Fund Balance$660,997$667,269▲ $6,272
Total Liabilities and Net Assets / Fund Balance$667,727$674,160▲ $6,433

Asset Categories

AssetBook ValueDepreciationBasis
Land$148,266-$148,266
Other Land Buildings$634$10,126$10,760
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Judy FrankTreasurerPT$8,599$8,599
Amber KephartExecutive DiPT$6,667$6,667

Board Members and Trustees

NameTitle
Lucas MeierPresident
Casey ThompsonDirector
Jodi GreinerDirector
Jorie AlthenhofenDirector
Katharinna BainDirector
Larry Faber Resigned 818Director
Mallary Snakenberg Resigned 1218Director
Mark SeeleyDirector
Norman AtwoodDirector
Rick Landgrebe Resigned 118Director
Staci ShettlerDirector
Tom BatesDirector
Brandi Wehr Resigned 818Secretary
Shannon StevensSecretary (8
Jeff GraffVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$13,933
Program Service Revenue
$6,097
Investment Income
$234
Other Revenue
$21,767
Change in Net Assets
$6,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,380
Salaries, Compensation, and Employee Benefits$16,379
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---$15,266
Occupancy---$4,774
Office Expenses---$3,515
Fees for Services Other---$2,833
Insurance---$1,156
Payroll Taxes---$1,113
Depreciation Depletion---$769
Other Expenses---$551
Fees for Services Accounting---$531
All Other Expenses---$191
Advertising---$48
Total Functional Expenses$0$0$0$35,759
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$22,800
Gaming Direct Expenses$16,928
Fundraising Direct Expenses$637
Fundraising Gross Income$240
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Page 6, Part VI, Line 6

“Members are businesses or individuals in the community who chose to assist in the financial success of the organization's mission. There is no benefit in being a member except for the community benefit.”

Form 990, Page 6, Part VI, Line 7A

“Election of board of directors members is determined by the vote of the members.”

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

“The organization provided form 990 to the board for review and comments. The return is provided to the board in a meeting setting for explanation and discussion in alternating years.”

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

“All board members have access to a copy of the policy and it is reviewed annually at the november board meeting. Each board member is asked to sign-off that there are no conflicts of interest. If there would be conflicts, the board will address the circumstances.”

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

“Compensation is compared to similar positions in the local market.”

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

“Compensation is compared to similar positions in the local market.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, policies, and financial statements, including the 990, are available upon request.”

Filing and Contact Details

Filer

Filer Name
Sigourney Area
EIN
42-1084764
Phone
6416222288
Address
112 E WASHINGTON ST, SIGOURNEY, IA 52591

Signing Officer

Name
Lucas Meier
Title
President
Phone
6416222288
Signed
2019-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lucas Meier
Formed
1970
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
11
Employees
2
Volunteers
14

Preparer

Firm
Tdt Cpas and Advisors Pc
Address
317 HIGH AVE E, OSKALOOSA, IA 52577-2823
Preparer
Darcee M Ayers CPA
Phone
6416722523
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Promote community welfare & industrial development. We seek to have a robust community by promoting employment which drives economic growth in the area. Ultimately this assists in providing for a high quality of life both locally and throughout keokuk county. To strive for this we serve a lead role in industrial, tourism and community development activities.”

Raw XML AppendixShowing 400 of 488 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/BOYAmt06730
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06891
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE COMMUNITY WELFARE & INDUSTRIAL DEVELOPMENT.
IRS990/AdvertisingGrp/TotalAmt048
IRS990/AllOtherExpensesGrp/TotalAmt0191
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0JUDY FRANK
IRS990/BooksInCareOfDetail/PhoneNum06416222288
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0112 EAST WASHINGTON ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0SIGOURNEY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052591
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0279462
IRS990/CashNonInterestBearingGrp/EOYAmt0309422
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt015266
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt013933
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0234
IRS990/CYOtherExpensesAmt019380
IRS990/CYOtherRevenueAmt021767
IRS990/CYProgramServiceRevenueAmt06097
IRS990/CYRevenuesLessExpensesAmt06272
IRS990/CYSalariesCompEmpBnftPaidAmt016379
IRS990/CYTotalExpensesAmt035759
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt042031
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0769
IRS990/Desc0PROVIDE SERVICES TO ATTRACT AND MAINTAIN BUSINESSES IN COMMUNITY. WE PURCHASED LAND FOR AN INDUSTRIAL PARK AND ARE MARKETING IT. TWO LOTS ARE FILLED. THE REMAINING ACRES ARE BEING RENTED UNTIL THEY ARE FILLED. WE ALSO HAVE PURCHASED AND SOLD LAND FOR A RETIREMENT COMMUNITY DEVELOPMENT TO HELP IN FREEING-UP HOUSING FOR FAMILIES EMPLOYED IN THE LOCAL BUSINESSES.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt0531
IRS990/FeesForServicesOtherGrp/TotalAmt02833
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1620.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0JUDY FRANK
IRS990/Form990PartVIISectionAGrp/PersonNm1JORIE ALTHENHOFEN
IRS990/Form990PartVIISectionAGrp/PersonNm2NORMAN ATWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHARINNA BAIN
IRS990/Form990PartVIISectionAGrp/PersonNm4TOM BATES
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF GRAFF
IRS990/Form990PartVIISectionAGrp/PersonNm6JODI GREINER
IRS990/Form990PartVIISectionAGrp/PersonNm7LUCAS MEIER
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK SEELEY
IRS990/Form990PartVIISectionAGrp/PersonNm9STACI SHETTLER
IRS990/Form990PartVIISectionAGrp/PersonNm10SHANNON STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm11CASEY THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm12LARRY FABER RESIGNED 818
IRS990/Form990PartVIISectionAGrp/PersonNm13RICK LANDGREBE RESIGNED 118
IRS990/Form990PartVIISectionAGrp/PersonNm14MALLARY SNAKENBERG RESIGNED 1218
IRS990/Form990PartVIISectionAGrp/PersonNm15BRANDI WEHR RESIGNED 818
IRS990/Form990PartVIISectionAGrp/PersonNm16AMBER KEPHART
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt08599
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt166667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY (8
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01970
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt0637
IRS990/FundraisingGrossIncomeAmt0240
IRS990/GamingActivitiesInd0true
IRS990/GamingDirectExpensesAmt016928
IRS990/GamingGrossIncomeAmt022800
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0551
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt062305
IRS990/GrossRentsGrp/RealAmt09390
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt01156
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0234
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0234
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt01
IRS990/LandBldgEquipAccumDeprecAmt010126
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0149669
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0148900
IRS990/LandBldgEquipCostOrOtherBssAmt0159026
IRS990/LegalDomicileStateCd0IA
IRS990/LessRentalExpensesGrp/RealAmt02709
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt013382
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE COMMUNITY WELFARE & INDUSTRIAL DEVELOPMENT. WE SEEK TO HAVE A ROBUST COMMUNITY BY PROMOTING EMPLOYMENT WHICH DRIVES ECONOMIC GROWTH IN THE AREA. ULTIMATELY THIS ASSISTS IN PROVIDING FOR A HIGH QUALITY OF LIFE BOTH LOCALLY AND THROUGHOUT KEOKUK COUNTY. TO STRIVE FOR THIS WE SERVE A LEAD ROLE IN INDUSTRIAL, TOURISM AND COMMUNITY DEVELOPMENT ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0660997
IRS990/NetAssetsOrFundBalancesEOYAmt0667269
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-397
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-397
IRS990/NetIncomeFromGamingGrp/ExclusionAmt05872
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt05872
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt06681
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt06681
IRS990/NetUnrelatedBusTxblIncmAmt0124
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt04774
IRS990/OfficeExpensesGrp/TotalAmt03515
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt018717
IRS990/OtherAssetsTotalGrp/EOYAmt015661
IRS990/OtherExpensesGrp/Desc0CONTRACT LABOR/PARK
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt01870
IRS990/OtherExpensesGrp/TotalAmt11642
IRS990/OtherExpensesGrp/TotalAmt21500
IRS990/OtherExpensesGrp/TotalAmt3551
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1BELVA DEER INN
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08487
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08487
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11124
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt01124
IRS990/OtherRevenueTotalAmt09611
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0200163
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0180441
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt01113
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LUCAS MEIER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/Desc0RLF - INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06097
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06097
IRS990/ProgSrvcAccomActy2Grp/Desc0WE MANAGE A REVOLVING LOAN FUND FOR BUSINESSES THAT ARE START-UP OR EXPANDING THEIR BUSINESS IN THE AREA.
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDE SERVICES TO ATTRACT AND MAINTAIN BUSINESSES IN COMMUNITY. WE PURCHASED LAND FOR AN INDUSTRIAL PARK AND ARE MARKETING IT. TWO LOTS ARE FILLED. THE REMAINING ACRES ARE BEING RENTED UNTIL THEY ARE FILLED. WE ALSO HAVE PURCHASED AND SOLD LAND FOR A RETIREMENT COMMUNITY DEVELOPMENT TO HELP IN FREEING-UP HOUSING FOR FAMILIES EMPLOYED IN THE LOCAL BUSINESSES. WE MANAGE A REVOLVING LOAN FUND FOR START-UP OR EXPANDING BUSINESS IN THE AREA.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt016084
IRS990/PYInvestmentIncomeAmt032
IRS990/PYOtherExpensesAmt019069
IRS990/PYOtherRevenueAmt014172
IRS990/PYProgramServiceRevenueAmt06845
IRS990/PYRevenuesLessExpensesAmt06073
IRS990/PYSalariesCompEmpBnftPaidAmt011991
IRS990/PYTotalExpensesAmt031060
IRS990/PYTotalRevenueAmt037133
IRS990/ReconcilationRevenueExpnssAmt06272
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt06681
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt019716
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019736
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0148266
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0148266
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0634
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010126
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010760
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0148900
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt010050
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt010050
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt016928
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt022800
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt022800
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt05872
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt06360
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt06360
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsOtherGamingAmt0518
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt0518
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0JUDY FRANK
IRS990ScheduleG/GamingManagerServicesProvTxt0OVER-SIGHT OF ANNUAL RAFFLE
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0JUDY FRANK
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0112 E WASHINGTON ST
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0SIGOURNEY
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0IA
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd052591
IRS990ScheduleG/StatesWhereGamingConductedCd0IA
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTE COMMUNITY WELFARE & INDUSTRIAL DEVELOPMENT. WE SEEK TO HAVE A ROBUST COMMUNITY BY PROMOTING EMPLOYMENT WHICH DRIVES ECONOMIC GROWTH IN THE AREA. ULTIMATELY THIS ASSISTS IN PROVIDING FOR A HIGH QUALITY OF LIFE BOTH LOCALLY AND THROUGHOUT KEOKUK COUNTY. TO STRIVE FOR THIS WE SERVE A LEAD ROLE IN INDUSTRIAL, TOURISM AND COMMUNITY DEVELOPMENT ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE BUSINESSES OR INDIVIDUALS IN THE COMMUNITY WHO CHOSE TO ASSIST IN THE FINANCIAL SUCCESS OF THE ORGANIZATION'S MISSION. THERE IS NO BENEFIT IN BEING A MEMBER EXCEPT FOR THE COMMUNITY BENEFIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ELECTION OF BOARD OF DIRECTORS MEMBERS IS DETERMINED BY THE VOTE OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDED FORM 990 TO THE BOARD FOR REVIEW AND COMMENTS. THE RETURN IS PROVIDED TO THE BOARD IN A MEETING SETTING FOR EXPLANATION AND DISCUSSION IN ALTERNATING YEARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL BOARD MEMBERS HAVE ACCESS TO A COPY OF THE POLICY AND IT IS REVIEWED ANNUALLY AT THE NOVEMBER BOARD MEETING. EACH BOARD MEMBER IS ASKED TO SIGN-OFF THAT THERE ARE NO CONFLICTS OF INTEREST. IF THERE WOULD BE CONFLICTS, THE BOARD WILL ADDRESS THE CIRCUMSTANCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION IS COMPARED TO SIMILAR POSITIONS IN THE LOCAL MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPENSATION IS COMPARED TO SIMILAR POSITIONS IN THE LOCAL MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS, INCLUDING THE 990, ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0SIGOURNEY
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0LANCASTER PROPERTIES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0261570380
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0REAL ESTAT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0122 E WASHINGTON ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0SIGOURNEY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd052591
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0261570460
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PredominantIncomeTypeTxt0UNRELATED
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0MOTEL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0BELVA DEER INN LLC
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfEOYAssetsAmt015661
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/ShareOfTotalIncomeAmt01124
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt021638 HWY 92
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0SIGOURNEY
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd052591
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$674,160
Liabilities
$6,891
Net assets
$667,269
Revenue
$42,031
Expenses
$35,759
Net income
$6,272
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.48$0.00$7.48$0.55$0.59$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.77$0.00$7.77$0.76$0.53$0.23
2022Detailed filing. Detailed filing data is available for this year.$7.59$0.05$7.54$0.46$0.32$0.14
2021Detailed filing. Detailed filing data is available for this year.$7.46$0.07$7.40$0.44$0.31$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.32$0.06$7.26$0.96$0.36$0.60
2019Detailed filing. Detailed filing data is available for this year.$6.73$0.07$6.66$0.37$0.38$0.01
2018Detailed filing. Detailed filing data is available for this year.$6.74$0.07$6.67$0.42$0.36$0.06
2017Detailed filing. Detailed filing data is available for this year.$6.68$0.07$6.61$0.37$0.31$0.06
2016Detailed filing. Detailed filing data is available for this year.$6.61$0.06$6.55$0.34$0.40$0.06
2015Detailed filing. Detailed filing data is available for this year.$6.68$0.07$6.61$0.39$0.42$0.03
2014Detailed filing. Detailed filing data is available for this year.$6.71$0.07$6.64$0.55$0.48$0.06
2013Detailed filing. Detailed filing data is available for this year.$6.66$0.09$6.57$0.54$0.73$0.20
2012Summary only. Only limited summary data is available for this year.$6.84$0.07$6.77$0.47$0.40$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.77$0.07$6.70$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.59$0.02$6.57$0.29