Civic Intelligence

Remsen Economic Development Corp

EIN 42-1121152 • 501(c)4 • Remsen, IA

Profile

None

PO Box 559Remsen, IA 51050
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

40th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

42nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • $500k-$1M nonprofits • Source year 2025

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $500k-$1M nonprofits • Source year 2025

Asset Growth

65th percentile

8.6%

Faster asset growth than 65% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

5th percentile

-55%

Faster revenue growth than 5% of similar nonprofits.

501(c)4 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets40th percentile

Assets

Up

$500,366

Up $48,345 (+11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

$500,366

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue42nd percentileNet Margin100th percentile

Revenue

Down

$49,688

Down $56,863 (-53%) from 2023

Expenses

Down

$1,343

Down $4,611 (-77%) from 2023

Net Income

Down

$48,345

Down $52,252 (-52%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2021: $532,142Liabilities 2021: $0Net Assets 2021: $532,1422021Assets 2022: $351,424Liabilities 2022: $0Net Assets 2022: $351,4242022Assets 2023: $452,021Liabilities 2023: $02023Assets 2024: $500,366Liabilities 2024: $0Net Assets 2024: $500,3662024

Highlighted filing

2024

Assets$500,366
Liabilities$0
Net Assets$500,366
Open 2024 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2021: $339,881Expenses 2021: $1,632Net Income 2021: $338,2492021Revenue 2022: $209,703Expenses 2022: $390,421Net Income 2022: -$180,7182022Revenue 2023: $106,551Expenses 2023: $5,954Net Income 2023: $100,5972023Revenue 2024: $49,688Expenses 2024: $1,343Net Income 2024: $48,3452024

Highlighted filing

2024

Revenue$49,688
Expenses$1,343
Net Income$48,345
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$500,366
Liabilities
$0
Net assets
$500,366
Revenue
$49,688
Expenses
$1,343
Net income
$48,345
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.00$5.00$0.50$0.01$0.48
2023Summary only. Only limited summary data is available for this year.$4.52$0.00$1.07$0.06$1.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.51$0.00$3.51$2.10$3.90$1.81
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.32$0.00$5.32$3.40$0.02$3.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 6, 2025
Return Version
2024v5.0
Gross Receipts
$49,688
Mission and Program Overview

Mission

None

Promote local community development and provide for the establishment of a local grocery store.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$350,000$474,315▲ $124,315
Pd in Cap Srpls Land Bldg Eqp Fund$420,000$420,000→ $0
Rtn Earn Endowment Incm Other Fnds$32,021$80,366▲ $48,345
Cash and Non-Interest-Bearing Accounts$80,185$14,214▼ $65,971
Receivables From Officers Etc$21,836$11,837▼ $9,999
Total Assets$452,021$500,366▲ $48,345
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$452,021$500,366▲ $48,345
Total Liabilities and Net Assets / Fund Balance$452,021$500,366▲ $48,345
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Michael NelsonPresident
Dave SonnichsenVice President
Ann MullerDirector
Ben KleinDirector
Cade OwensDirector
Dale SchroederDirector
Dave FischDirector
Dee BohnenkampDirector
Kim KuchelDirector
Ryan FeeckDirector
Ashley SchuttpelzSecretary
Jeremy BunkersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$22,300
Program Service Revenue
$0
Investment Income
$20,809
Other Revenue
$6,579
All Other Contributions
$20,000
Change in Net Assets
$48,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance-$1,343-$1,343
Total Functional Expenses$0$1,343$0$1,343
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
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$21,836$11,837▼ $9,999
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

“Page VI, Line 11b-The 990 and supporting schedules were e-mailed to the officers and directors.”

Part VI, Line 19

“Part VI, Line 19-They are available upon request.”

Part VI, Line 1A

“Part VI, Line 6-Various businesses in the community pay dues and are members in a non-participating/controlling manner.”

Part VI, Line 9

“Part VI, Line 9-Michael Nelson, PO Box 594, Remsen, IA 51050 Part VI, Line 9-Jeremy Bunkers, 507 Cleveland St, Remsen, IA 51050 Part VI, Line 9- Dave Sonnichsen, 602 Fulton St, Remsen, IA 51050 Part VI-Line 9-Ashley Schuttpelz, 500 Carter St, Remsen, IA 51050”

Filing and Contact Details

Filer

Filer Name
Remsen Economic Development Corp
EIN
42-1121152
Phone
7127861153
Address
PO Box 559, Remsen, IA 51050

Signing Officer

Name
Michael Nelson
Title
President
Phone
7127861153
Signed
2025-05-06

Organization Details

Formed
1978
Legal Domicile
Ia
Voting Board Members
12
Independent Board Members
12
Employees
0
Supplemental Narrative

Additional Explanations

General Introduction B

“We had filed a 2024 Form 990-EZ, and wished to amend it due to an unreported investment, but realized the necessity of moving to the larger "990" return format due to the amended information putting us over the asset test eligibility threshold to amend the Form 990-EZ return directly.”

Raw XML Appendix307 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/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Promote local community development and provide for the establishment of a local grocery store.
IRS990/AllOtherContributionsAmt020000
IRS990/BooksInCareOfDetail/PersonNm0Jeremy Bunkers
IRS990/BooksInCareOfDetail/PhoneNum07127861153
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 559
IRS990/BooksInCareOfDetail/USAddress/CityNm0Remsen
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd051050
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt080185
IRS990/CashNonInterestBearingGrp/EOYAmt014214
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt022300
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt020809
IRS990/CYOtherExpensesAmt01343
IRS990/CYOtherRevenueAmt06579
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt048345
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01343
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt049688
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0At the current time the organization is not providing any program services. Most assets are committed to the success of the grocery store.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
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/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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/PersonNm0Michael Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm1Dave Sonnichsen
IRS990/Form990PartVIISectionAGrp/PersonNm2Ashley Schuttpelz
IRS990/Form990PartVIISectionAGrp/PersonNm3Jeremy Bunkers
IRS990/Form990PartVIISectionAGrp/PersonNm4Dave Fisch
IRS990/Form990PartVIISectionAGrp/PersonNm5Ryan Feeck
IRS990/Form990PartVIISectionAGrp/PersonNm6Dee Bohnenkamp
IRS990/Form990PartVIISectionAGrp/PersonNm7Ann Muller
IRS990/Form990PartVIISectionAGrp/PersonNm8Ben Klein
IRS990/Form990PartVIISectionAGrp/PersonNm9Kim Kuchel
IRS990/Form990PartVIISectionAGrp/PersonNm10Dale Schroeder
IRS990/Form990PartVIISectionAGrp/PersonNm11Cade Owens
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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/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/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt049688
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01343
IRS990/InsuranceGrp/TotalAmt01343
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt020809
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020809
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt02300
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt06579
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt06579
IRS990/MissionDesc0None
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0452021
IRS990/NetAssetsOrFundBalancesEOYAmt0500366
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherRevenueTotalAmt06579
IRS990/PartialLiquidationInd0false
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt0420000
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt0420000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Michael Nelson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalRevenueAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt021836
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt011837
IRS990/ReconcilationRevenueExpnssAmt048345
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt032021
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt080366
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0350000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0474315
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We had filed a 2024 Form 990-EZ, and wished to amend it due to an unreported investment, but realized the necessity of moving to the larger "990" return format due to the amended information putting us over the asset test eligibility threshold to amend the Form 990-EZ return directly.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Page VI, Line 11b-The 990 and supporting schedules were e-mailed to the officers and directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Part VI, Line 19-They are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Part VI, Line 6-Various businesses in the community pay dues and are members in a non-participating/controlling manner.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Part VI, Line 9-Michael Nelson, PO Box 594, Remsen, IA 51050 Part VI, Line 9-Jeremy Bunkers, 507 Cleveland St, Remsen, IA 51050 Part VI, Line 9- Dave Sonnichsen, 602 Fulton St, Remsen, IA 51050 Part VI-Line 9-Ashley Schuttpelz, 500 Carter St, Remsen, IA 51050
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General Introduction B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VI, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part VI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0452021
IRS990/TotalAssetsEOYAmt0500366
IRS990/TotalAssetsGrp/BOYAmt0452021
IRS990/TotalAssetsGrp/EOYAmt0500366
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt022300
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01343
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01343
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0452021
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0500366
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027388
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt049688
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0452021
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0500366
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 594
IRS990/USAddress/AddressLine2Txt0512 Country Club St
IRS990/USAddress/CityNm0Remsen
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd051050
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Nelson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07127861153
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REMSEN ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0REMS
ReturnHeader/Filer/EIN0421121152
ReturnHeader/Filer/PhoneNum07127861153
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 559
ReturnHeader/Filer/USAddress/CityNm0Remsen
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051050
ReturnHeader/ReturnTs02025-05-06T16:53:35Z
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.