Civic Intelligence

Fairfield Economic Development Association Incorporated

990 • Fiscal year 2013 • EIN 42-1111039

Jul 01, 2012 to Jun 30, 2013 • Filed on Oct 09, 2013

Organization ProfileWWW.GROWFAIRFIELD.COM
605 23rd StreetFairfield, IA 52556
Siviq Scores

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

Liabilities / Assets

75th percentile

0.43x

Higher debt load relative to assets than 75% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

99th percentile

6.41x

Higher debt load relative to revenue than 99% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Net Margin

2nd percentile

-69%

Higher net margin than 2% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

96th percentile

57%

Faster asset growth than 96% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$2,435,281

Up $879,640 (+57%) from 2012

Net Assets

Down

$1,395,291

Down $121,148 (-8.0%) from 2012

Liabilities

Up

$1,039,990

Up $1,000,788 (+2553%) from 2012

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

$162,362

No earlier filing loaded for comparison.

Expenses

Up

$273,754

Up $216,447 (+378%) from 2012

Net Income

-$111,392

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,579,637Liabilities 2011: $49,271Net Assets 2011: $1,530,3662011Assets 2012: $1,555,641Liabilities 2012: $39,202Net Assets 2012: $1,516,4392012Assets 2013: $2,435,281Liabilities 2013: $1,039,990Net Assets 2013: $1,395,2912013Assets 2014: $2,426,158Liabilities 2014: $1,044,658Net Assets 2014: $1,381,5002014Assets 2015: $2,310,182Liabilities 2015: $1,051,216Net Assets 2015: $1,258,9662015Assets 2016: $1,931,019Liabilities 2016: $661,219Net Assets 2016: $1,269,8002016Assets 2017: $2,005,506Liabilities 2017: $715,906Net Assets 2017: $1,289,6002017Assets 2018: $1,563,091Liabilities 2018: $255,547Net Assets 2018: $1,307,5442018Assets 2019: $2,122,297Liabilities 2019: $853,796Net Assets 2019: $1,268,5012019Assets 2020: $2,140,873Liabilities 2020: $885,608Net Assets 2020: $1,255,2652020Assets 2021: $2,182,962Liabilities 2021: $888,846Net Assets 2021: $1,294,1162021Assets 2022: $1,599,604Liabilities 2022: $207,518Net Assets 2022: $1,392,0862022Assets 2023: $1,752,007Liabilities 2023: $411,993Net Assets 2023: $1,340,0142023Assets 2024: $2,274,006Liabilities 2024: $425,747Net Assets 2024: $1,848,2592024

Highlighted filing

2013

Assets$2,435,281
Liabilities$1,039,990
Net Assets$1,395,291
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $105,4312011Expenses 2012: $57,3072012Revenue 2013: $162,362Expenses 2013: $273,754Net Income 2013: -$111,3922013Revenue 2014: $129,421Expenses 2014: $146,312Net Income 2014: -$16,8912014Revenue 2015: $213,293Expenses 2015: $150,900Net Income 2015: $62,3932015Revenue 2016: $205,963Expenses 2016: $159,642Net Income 2016: $46,3212016Revenue 2017: $177,843Expenses 2017: $142,054Net Income 2017: $35,7892017Revenue 2018: $151,927Expenses 2018: $135,583Net Income 2018: $16,3442018Revenue 2019: $108,643Expenses 2019: $134,186Net Income 2019: -$25,5432019Revenue 2020: $117,404Expenses 2020: $130,640Net Income 2020: -$13,2362020Revenue 2021: $170,518Expenses 2021: $126,567Net Income 2021: $43,9512021Revenue 2022: $243,784Expenses 2022: $141,714Net Income 2022: $102,0702022Revenue 2023: $125,439Expenses 2023: $165,511Net Income 2023: -$40,0722023Revenue 2024: $652,704Expenses 2024: $154,059Net Income 2024: $498,6452024

Highlighted filing

2013

Revenue$162,362
Expenses$273,754
Net Income-$111,392
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Oct 9, 2013
Return Version
2012v2.0
Gross Receipts
$198,301
Mission and Program Overview

Mission

To sustain and improve the quality of life of the citizens of fairfield, iowa through targeted economic development initiatives and programs.

Major Activities

Activity 2
Honor a teacher from the Fairfield Community School District for their outstanding performance and achievements.
Activity 3
To encourage young adults to return to Fairfield to settle and begin their lives in the area.
Filing and Contact Details

Filer

EIN
42-1111039
Raw XML AppendixShowing 400 of 420 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/AccountantCompileOrReview0true
IRS990/AccountantCompileOrReviewBasis/FinancialStatementSeparate0X
IRS990/AccountsPayableAccruedExpenses/BOY032619
IRS990/AccountsPayableAccruedExpenses/EOY035657
IRS990/AccountsReceivable/EOY00
IRS990/ActivitiesConductedPartnership0false
IRS990/Activity2/Description0Honor a teacher from the Fairfield Community School District for their outstanding performance and achievements.
IRS990/Activity3/Description0To encourage young adults to return to Fairfield to settle and begin their lives in the area.
IRS990/ActivityOrMissionDescription0To sustain and improve the quality of life of the citizens of Fairfield, Iowa through targeted economic development initiatives and programs.
IRS990/Advertising/Total03076
IRS990/AllAffiliatesIncluded0false
IRS990/AllOtherContributions012206
IRS990/AllOtherExpenses/Total015470
IRS990/AnnualDisclosureCoveredPersons0false
IRS990/AuditCommittee0false
IRS990/BenefitsPaidToMembersCY00
IRS990/BenefitsToMembers/Total00
IRS990/BsnssRltnshpThruFamilyMember0false
IRS990/BsnssRltnshpWithOrganization0false
IRS990/CashNonInterestBearing/BOY043840
IRS990/CashNonInterestBearing/EOY036069
IRS990/ChangesToOrganizingDocs0true
IRS990/CollectionsOfArt0false
IRS990/CompCurrentOfficersDirectors/Total067067
IRS990/CompDisqualPersons/Total00
IRS990/CompensationFromOtherSources0false
IRS990/CompensationProcessCEO0false
IRS990/CompensationProcessOther0false
IRS990/ComplianceWithBackupWitholding0false
IRS990/ConferencesMeetings/Total02378
IRS990/ConflictOfInterestPolicy0false
IRS990/ConservationEasements0false
IRS990/ConsolidatedAuditFinancialStmt0false
IRS990/ContributionsGrantsCurrentYear012206
IRS990/ContributionsGrantsPriorYear01911
IRS990/CreditCounseling0false
IRS990/DecisionsSubjectToApproval0true
IRS990/DeductibleContributionsOfArt0false
IRS990/DeductibleNonCashContributions0false
IRS990/DeferredRevenue/BOY06583
IRS990/DeferredRevenue/EOY04333
IRS990/DelegationOfManagementDuties0false
IRS990/DepreciationDepletion/Total0827
IRS990/DescribedIn501C30false
IRS990/Description0Provide cost sharing of entrepreneurial services for business development.
IRS990/DisregardedEntity0false
IRS990/DistributionToDonor0false
IRS990/DocumentRetentionPolicy0false
IRS990/DonorAdvisedFunds0false
IRS990/DoNotFollowSFAS1170X
IRS990/ElectionOfBoardMembers0true
IRS990/EmploymentTaxReturnsFiled0true
IRS990/EscrowAccount0false
IRS990/ExcessBenefitTransaction0false
IRS990/ExcessBusinessHoldings0false
IRS990/FamilyOrBusinessRelationship0false
IRS990/FederalGrantAuditRequired0false
IRS990/FeesForServicesAccounting/Total08010
IRS990/FeesForServicesInvstMgmntFees/Total00
IRS990/FeesForServicesLegal/Total017
IRS990/FeesForServicesLobbying/Total00
IRS990/FeesForServicesManagement/Total00
IRS990/FeesForServicesOther/Total08551
IRS990/FeesForServicesProfFundraising/Total00
IRS990/FiledLieu10410false
IRS990/ForeignActivities0false
IRS990/ForeignFinancialAccount0false
IRS990/ForeignGrants/Total00
IRS990/ForeignOffice0false
IRS990/Form990PartVIISectionA/AverageHoursPerWeek01.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek11.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek21.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek31.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek41.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek53.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek61.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeek740.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated00.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated10.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated20.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated30.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated40.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated50.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated60.00
IRS990/Form990PartVIISectionA/AverageHoursPerWeekRelated70.00
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector0X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector1X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector2X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector3X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector4X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector5X
IRS990/Form990PartVIISectionA/IndividualTrusteeOrDirector6X
IRS990/Form990PartVIISectionA/NamePerson0Art Sathoff
IRS990/Form990PartVIISectionA/NamePerson1Greg Lowenberg
IRS990/Form990PartVIISectionA/NamePerson2Jodi Kerr
IRS990/Form990PartVIISectionA/NamePerson3J Daniel Sullivan
IRS990/Form990PartVIISectionA/NamePerson4Frank Fritz
IRS990/Form990PartVIISectionA/NamePerson5Lori Schaefer Weaton
IRS990/Form990PartVIISectionA/NamePerson6Tim Kuiken
IRS990/Form990PartVIISectionA/NamePerson7Tracy Vance
IRS990/Form990PartVIISectionA/Officer0X
IRS990/Form990PartVIISectionA/Officer1X
IRS990/Form990PartVIISectionA/Officer2X
IRS990/Form990PartVIISectionA/OtherCompensation00
IRS990/Form990PartVIISectionA/OtherCompensation10
IRS990/Form990PartVIISectionA/OtherCompensation20
IRS990/Form990PartVIISectionA/OtherCompensation30
IRS990/Form990PartVIISectionA/OtherCompensation40
IRS990/Form990PartVIISectionA/OtherCompensation50
IRS990/Form990PartVIISectionA/OtherCompensation60
IRS990/Form990PartVIISectionA/OtherCompensation75267
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization00
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization10
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization20
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization30
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization40
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization50
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization60
IRS990/Form990PartVIISectionA/ReportableCompFromOrganization761800
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs00
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs10
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs20
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs30
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs40
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs50
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs60
IRS990/Form990PartVIISectionA/ReportableCompFromRelatedOrgs70
IRS990/Form990PartVIISectionA/Title0Director
IRS990/Form990PartVIISectionA/Title1Director
IRS990/Form990PartVIISectionA/Title2Treasurer
IRS990/Form990PartVIISectionA/Title3Director
IRS990/Form990PartVIISectionA/Title4Director
IRS990/Form990PartVIISectionA/Title5President
IRS990/Form990PartVIISectionA/Title6Director
IRS990/Form990PartVIISectionA/Title7Executive Dir.
IRS990/Form990ProvidedToGoverningBody0false
IRS990/Form990-TFiled0false
IRS990/FormersListed0false
IRS990/FSAudited0false
IRS990/FundraisingActivities0false
IRS990/Gaming0false
IRS990/GrantsAndSimilarAmntsCY09200
IRS990/GrantsToDomesticIndividuals/Total01000
IRS990/GrantsToDomesticOrgs/Total08200
IRS990/GrantsToIndividuals0false
IRS990/GrantsToOrganizations0true
IRS990/GrantToRelatedPerson0false
IRS990/GrossReceipts0198301
IRS990/GrossRents/Real0104868
IRS990/GroupReturnForAffiliates0false
IRS990/Hospital0false
IRS990/IncomeFromInvestBondProceeds/TotalRevenueColumn00
IRS990/IndependentAuditFinancialStmt0false
IRS990/IndoorTanningServices0false
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartXI0X
IRS990/InformationTechnology/Total00
IRS990/Insurance/Total00
IRS990/IntangibleAssets/EOY00
IRS990/Interest/Total00
IRS990/InventoriesForSaleOrUse/EOY00
IRS990/InvestmentIncomeCurrentYear022403
IRS990/InvestmentIncome/ExclusionAmount022403
IRS990/InvestmentIncomePriorYear011209
IRS990/InvestmentIncome/TotalRevenueColumn022403
IRS990/InvestmentInJointVenture0false
IRS990/InvestmentsOtherSecurities/EOY00
IRS990/InvestmentsProgramRelated/EOY00
IRS990/InvestmentsPubTradedSecurities/EOY00
IRS990/InvestTaxExemptBonds0false
IRS990/LandBldgEquipmentAccumDeprec04239
IRS990/LandBuildingsEquipmentBasis0984094
IRS990/LandBuildingsEquipmentBasisNet/BOY0983683
IRS990/LandBuildingsEquipmentBasisNet/EOY0979855
IRS990/LessRentalExpenses/Real035939
IRS990/LicensedMoreThanOneState0false
IRS990/LoanToOfficerOrDQP0false
IRS990/LobbyingActivities0false
IRS990/LocalChapters0false
IRS990/MaterialDiversionOrMisuse0false
IRS990/MembersOrStockholders0true
IRS990/MethodOfAccountingCash0X
IRS990/MinutesOfCommittees0true
IRS990/MinutesOfGoverningBody0true
IRS990/MissionDescription0To sustain and improve the quality of life of the citizens of Fairfield, Iowa through targeted economic development initiatives and programs.
IRS990/MoreThan5000KToIndividuals0false
IRS990/MoreThan5000KToOrganizations0false
IRS990/MortNotesPyblSecuredInvestProp/EOY01000000
IRS990/NbrIndependentVotingMembers08
IRS990/NbrVotingGoverningBodyMembers08
IRS990/NbrVotingMembersGoverningBody08
IRS990/NetAssetsOrFundBalancesBOY01516439
IRS990/NetAssetsOrFundBalancesEOY01395291
IRS990/NetGainOrLossInvestments/TotalRevenueColumn00
IRS990/NetIncomeFromFundraisingEvents/TotalRevenueColumn00
IRS990/NetIncomeFromGaming/TotalRevenueColumn00
IRS990/NetIncomeOrLoss/TotalRevenueColumn00
IRS990/NetRentalIncomeOrLoss/ExclusionAmount068929
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn068929
IRS990/NonDeductibleContributions0false
IRS990/NumberFormsTransmittedWith109605
IRS990/NumberIndependentVotingMembers08
IRS990/NumberIndividualsGT100K00
IRS990/NumberOfContractorsGT100K00
IRS990/NumberOfEmployees01
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Total00
IRS990/OfficeExpenses/Total07887
IRS990/OfficerEntityWithBsnssRltnshp0false
IRS990/OfficerMailingAddress0false
IRS990/OnBehalfOfIssuer0false
IRS990/Organization501c0X
IRS990/OtherAssetsTotal/BOY06585
IRS990/OtherAssetsTotal/EOY04333
IRS990/OtherEmployeeBenefits/Total00
IRS990/OtherExpensePriorYear051212
IRS990/OtherExpensesCurrentYear0191005
IRS990/OtherExpenses/Description0Insurance
IRS990/OtherExpenses/Description1Admin Fee to DAS for Loan Fund
IRS990/OtherExpenses/Description2Property taxes
IRS990/OtherExpenses/Description3BAD DEBT
IRS990/OtherExpenses/Total03590
IRS990/OtherExpenses/Total18500
IRS990/OtherExpenses/Total220368
IRS990/OtherExpenses/Total3108000
IRS990/OtherNotesLoansReceivableNet/BOY0108000
IRS990/OtherNotesLoansReceivableNet/EOY00
IRS990/OtherRevenueCurrentYear068929
IRS990/OtherRevenuePriorYear0-21248
IRS990/OtherSalariesAndWages/Total00
IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/Total06482
IRS990/PensionPlanContributions/Total00
IRS990/PledgesAndGrantsReceivable/EOY00
IRS990/PoliticalActivities0false
IRS990/PrepaidExpensesDeferredCharges/EOY00
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenue/BusinessCode0531390
IRS990/ProgramServiceRevenueCY058824
IRS990/ProgramServiceRevenue/Description0Membership Dues & Assessments
IRS990/ProgramServiceRevenuePriorYear052750
IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome058824
IRS990/ProgramServiceRevenue/TotalRevenueColumn058824
IRS990/ProhibitedTaxShelterTrans0false
IRS990/ReceivablesFromDisqualPersons/EOY00
IRS990/ReceivablesFromOfficersEtc/EOY00
IRS990/ReconcilationOtherChanges0-3441
IRS990/ReconcilationRevenueExpenses0-111392
IRS990/ReconciliationUnrealizedInvest0-6315
IRS990/RegularMonitoringEnforcement0false
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/RentalIncomeOrLoss/Real068929
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0false
IRS990/ReportProgRelInvest0false
IRS990/RetainedEarningsEndowmentEtc/BOY01516439
IRS990/RetainedEarningsEndowmentEtc/EOY01395291
IRS990/RevenuesLessExpensesCY0-111392
IRS990/RevenuesLessExpensesPriorYear0-12685
IRS990/RoyaltiesRevenue/TotalRevenueColumn00
IRS990/Royalties/Total00
IRS990/SalariesEtcCurrentYear073549
IRS990/SalariesEtcPriorYear06095
IRS990/SavingsAndTempCashInvestments/BOY0413533
IRS990/SavingsAndTempCashInvestments/EOY01415024
IRS990/ScheduleBRequired0false
IRS990ScheduleD/Buildings/BookValue0334300
IRS990ScheduleD/Buildings/OtherCostOrOtherBasis0334300
IRS990ScheduleD/Equipment/BookValue01473
IRS990ScheduleD/Equipment/Depreciation03468
IRS990ScheduleD/Equipment/OtherCostOrOtherBasis04941
IRS990ScheduleD/Land/BookValue0634804
IRS990ScheduleD/Land/InvestmentCostOrOtherBasis0579504
IRS990ScheduleD/Land/OtherCostOrOtherBasis055300
IRS990ScheduleD/LeaseholdImprovements/BookValue06652
IRS990ScheduleD/LeaseholdImprovements/Depreciation0257
IRS990ScheduleD/LeaseholdImprovements/OtherCostOrOtherBasis06909
IRS990ScheduleD/OtherLandBuildings/BookValue02626
IRS990ScheduleD/OtherLandBuildings/Depreciation0514
IRS990ScheduleD/OtherLandBuildings/OtherCostOrOtherBasis03140
IRS990ScheduleD/TotalOfBookValueLandBuildings0979855
IRS990ScheduleI/Form990ScheduleIPartIII/AmountOfCashGrant01000
IRS990ScheduleI/Form990ScheduleIPartIII/MethodOfValuation0FMV
IRS990ScheduleI/Form990ScheduleIPartIII/NumberOfRecipients01
IRS990ScheduleI/Form990ScheduleIPartIII/TypeOfGrant0Teacher of the Year
IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0Before distributing a grant, an assessment of what is needed is completed by the grantee. The funds are then distributed based upon the needs of various individuals, businesses, or organizations.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine102003 Libertyville Road
IRS990ScheduleI/RecipientTable/AddressUS/City0Fairfield
IRS990ScheduleI/RecipientTable/AddressUS/State0IA
IRS990ScheduleI/RecipientTable/AddressUS/ZIPCode052556
IRS990ScheduleI/RecipientTable/AmountOfCashGrant00
IRS990ScheduleI/RecipientTable/AmountOfNonCashAssistance05200
IRS990ScheduleI/RecipientTable/DescriptionOfNonCashAssistance0Two lots of investment land donated
IRS990ScheduleI/RecipientTable/EINOfRecipient0426004656
IRS990ScheduleI/RecipientTable/IRCSection0Government
IRS990ScheduleI/RecipientTable/MethodOfValuation0Fair Market Value
IRS990ScheduleI/RecipientTable/PurposeOfGrant0To provide more conservation land.
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine10Jefferson County Conservation
IRS990ScheduleI/RecordsMaintained0true
IRS990ScheduleI/TotalNbrOf501C3AndGovtGrants00
IRS990ScheduleI/TotalNbrOfOtherOrganizations01
IRS990/ScheduleJRequired0false
IRS990ScheduleO/GeneralExplanation/Explanation0Cash basis a/p adjustment = -$3441
IRS990ScheduleO/GeneralExplanation/Explanation1No documents available to the public.
IRS990ScheduleO/GeneralExplanation/Explanation2Board of directors review prior to filing.
IRS990ScheduleO/GeneralExplanation/Explanation3Monthly meeting of board of directors to review actions and plan for future actions
IRS990ScheduleO/GeneralExplanation/Explanation4Annual meeting of members to review operations, vote for directors on rotating basis, and direct business objectives for the coming year.
IRS990ScheduleO/GeneralExplanation/Explanation5Various individuals and businesses from the community interested in furthering the economic well-being of the community.
IRS990ScheduleO/GeneralExplanation/Explanation6New By-Laws were adopted including administrative and substantive changes.
IRS990ScheduleO/GeneralExplanation/Explanation7OTHER PROGRAM SERVICES 4: Organization supports Fairfield Community through land sales and donations. OTHER PROGRAM SERVICES 5: Cost sharing with city government for housing needs assessment study.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part XI, Line 9
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 11b
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Line 7b
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part VI, Line 7a
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part VI, Line 6
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990, Part VI, Line 4
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990, Part III, Line 4d
IRS990ScheduleO/GeneralExplanation/ReturnReference0Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/GeneralExplanation/ReturnReference6Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents
IRS990ScheduleO/GeneralExplanation/ReturnReference7Form 990, Part III, Line 4d: Other Program Services Description
IRS990/ScheduleORequired0false
IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0IA
IRS990/SubjectToProxyTax0false
IRS990/TaxableDistributions0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10PO Box 945
IRS990/TheBooksAreInCareOf/AddressUS/City0Fairfield
IRS990/TheBooksAreInCareOf/AddressUS/State0IA
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode052556
IRS990/TheBooksAreInCareOf/NamePerson0Tracy Vance
IRS990/TheBooksAreInCareOf/TelephoneNumber06414723436
IRS990/TotalAssets/BOY01555641
IRS990/TotalAssetsBOY01555641
IRS990/TotalAssets/EOY02435281
IRS990/TotalAssetsEOY02435281
IRS990/TotalCompGT150K0false
IRS990/TotalContributions012206
IRS990/TotalExpensesCurrentYear0273754
IRS990/TotalExpensesPriorYear057307
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral00
IRS990/TotalFunctionalExpenses/ProgramServices00
IRS990/TotalFunctionalExpenses/Total0273754
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY039202
IRS990/TotalLiabilitiesBOY039202
IRS990/TotalLiabilities/EOY01039990
IRS990/TotalLiabilitiesEOY01039990
IRS990/TotalLiabNetAssetsFundBalances/BOY01555641
IRS990/TotalLiabNetAssetsFundBalances/EOY02435281
IRS990/TotalNbrEmployees01
IRS990/TotalNbrVolunteers010
IRS990/TotalNetAssetsFundBalances/BOY01516439
IRS990/TotalNetAssetsFundBalances/EOY01395291
IRS990/TotalOtherCompensation05267
IRS990/TotalOtherRevenue00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceRevenue058824
IRS990/TotalReportableCompFromOrg061800
IRS990/TotalRevenueCurrentYear0162362
IRS990/TotalRevenue/ExclusionAmount091332
IRS990/TotalRevenuePriorYear044622
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome058824
IRS990/TotalRevenue/TotalRevenueColumn0162362
IRS990/TransactionRelatedEntity0false
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/TravelEntrtnmntPublicOfficials/Total00
IRS990/Travel/Total04331
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UponRequest0X
IRS990/WebSite0www.growfairfield.com
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01978
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0421111039
ReturnHeader/Filer/Name/BusinessNameLine10Fairfield Economic Development Assoc
ReturnHeader/Filer/NameControl0FAIR
ReturnHeader/Filer/Phone06414723436

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,435,281
Liabilities
$1,039,990
Net assets
$1,395,291
Revenue
$162,362
Expenses
$273,754
Net income
-$111,392
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.27$0.43$1.85$0.65$0.15$0.50
2023Detailed filing. Detailed filing data is available for this year.$1.75$0.41$1.34$0.13$0.17$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.21$1.39$0.24$0.14$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.18$0.89$1.29$0.17$0.13$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.14$0.89$1.26$0.12$0.13$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.12$0.85$1.27$0.11$0.13$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.26$1.31$0.15$0.14$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.01$0.72$1.29$0.18$0.14$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.93$0.66$1.27$0.21$0.16$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.31$1.05$1.26$0.21$0.15$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.43$1.04$1.38$0.13$0.15$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$1.04$1.40$0.16$0.27$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.04$1.52$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.05$1.53$0.11