Civic Intelligence

Badger Development Corporation

EIN 42-1146849 • 501(c)4 • Algona, IA

Algona, IA
Siviq Scores

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

Liabilities / Assets

97th percentile

1.78x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

2.76x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

55th percentile

4.3%

Higher net margin than 55% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

57th percentile

1.4%

Faster asset growth than 57% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

1.1%

Faster revenue growth than 54% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$147,111

Up $2,020 (+1.4%) from 2023

Liabilities

Down

$261,592

Down $2,013 (-0.8%) from 2023

Net Assets

Up

-$114,481

Up $4,033 (+3.4%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin55th percentile

Revenue

Up

$94,667

Up $1,051 (+1.1%) from 2023

Expenses

Down

$90,634

Down $4,955 (-5.2%) from 2023

Net Income

Up

$4,033

Up $6,006 (+304%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

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

$300K$200K$100K$0-$100K-$200KAssets 2011: $221,141Liabilities 2011: $250,1952011Assets 2012: $212,740Liabilities 2012: $246,9582012Assets 2013: $205,667Liabilities 2013: $244,0002013Assets 2014: $200,064Liabilities 2014: $240,4772014Assets 2015: $194,919Liabilities 2015: $237,1992015Assets 2016: $191,500Liabilities 2016: $234,2942016Assets 2017: $194,097Liabilities 2017: $268,7972017Assets 2018: $185,401Liabilities 2018: $268,3392018Assets 2019: $176,063Liabilities 2019: $268,4112019Assets 2020: $162,557Liabilities 2020: $267,109Net Assets 2020: -$104,5522020Assets 2021: $154,988Liabilities 2021: $266,021Net Assets 2021: -$111,0332021Assets 2022: $148,899Liabilities 2022: $265,440Net Assets 2022: -$116,5412022Assets 2023: $145,091Liabilities 2023: $263,605Net Assets 2023: -$118,5142023Assets 2024: $147,111Liabilities 2024: $261,592Net Assets 2024: -$114,4812024

Highlighted filing

2024

Assets$147,111
Liabilities$261,592
Net Assets-$114,481
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $72,247Expenses 2011: $75,390Net Income 2011: -$3,1432011Revenue 2012: $72,284Expenses 2012: $77,448Net Income 2012: -$5,1642012Revenue 2013: $76,188Expenses 2013: $80,303Net Income 2013: -$4,1152013Revenue 2014: $75,156Expenses 2014: $77,236Net Income 2014: -$2,0802014Revenue 2015: $75,701Expenses 2015: $77,568Net Income 2015: -$1,8672015Revenue 2016: $78,610Expenses 2016: $79,124Net Income 2016: -$5142016Revenue 2017: $81,625Expenses 2017: $113,531Net Income 2017: -$31,9062017Revenue 2018: $77,895Expenses 2018: $86,193Net Income 2018: -$8,2982018Revenue 2019: $79,671Expenses 2019: $89,021Net Income 2019: -$9,3502019Revenue 2020: $76,320Expenses 2020: $88,524Net Income 2020: -$12,2042020Revenue 2021: $84,066Expenses 2021: $90,547Net Income 2021: -$6,4812021Revenue 2022: $83,799Expenses 2022: $89,307Net Income 2022: -$5,5082022Revenue 2023: $93,616Expenses 2023: $95,589Net Income 2023: -$1,9732023Revenue 2024: $94,667Expenses 2024: $90,634Net Income 2024: $4,0332024

Highlighted filing

2024

Revenue$94,667
Expenses$90,634
Net Income$4,033
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$147,111
Liabilities
$261,592
Net assets
-$114,481
Revenue
$94,667
Expenses
$90,634
Net income
$4,033
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$2.62$1.14$0.95$0.91$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$2.64$1.19$0.94$0.96$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$2.65$1.17$0.84$0.89$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$2.66$1.11$0.84$0.91$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$2.67$1.05$0.76$0.89$0.12
2019Summary only. Only limited summary data is available for this year.$1.76$2.68$0.80$0.89$0.09
2018Summary only. Only limited summary data is available for this year.$1.85$2.68$0.78$0.86$0.08
2017Summary only. Only limited summary data is available for this year.$1.94$2.69$0.82$1.14$0.32
2016Summary only. Only limited summary data is available for this year.$1.92$2.34$0.79$0.79$0.01
2015Summary only. Only limited summary data is available for this year.$1.95$2.37$0.76$0.78$0.02
2014Summary only. Only limited summary data is available for this year.$2.00$2.40$0.75$0.77$0.02
2013Summary only. Only limited summary data is available for this year.$2.06$2.44$0.76$0.80$0.04
2012Summary only. Only limited summary data is available for this year.$2.13$2.47$0.72$0.77$0.05
2011Summary only. Only limited summary data is available for this year.$2.21$2.50$0.72$0.75$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 26, 2025
Return Version
2024v5.0
Gross Receipts
$94,667
Mission and Program Overview

Mission

To provide low rent housing in Badger, Iowa.

Program Services

DescriptionGrantsExpenses
To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly adjusted income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 16 families to find safe and affordable housing in Badger.$0$90,634
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lori GaschoPresident-$0--
Jeannie LembergVice President-$0--
Bev SchreiberSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Badger Development Corporation
EIN
42-1146849
Phone
5152952927
Address
PO Box 476, Algona, IA 50511

Signing Officer

Name
Lori Gascho
Title
President
Phone
5155712967
Signed
2025-04-26
Discuss with paid preparer
Yes

Preparer

Firm
Murphy Enterprises Inc
Address
Murphy Enterprises Inc, Algona, IA 50511
Preparer
William Murphy
Phone
5152952927
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Laundry $2717 and Tenant Charges -$6”

Form 990-EZ, Part I, Line 16

“Depreciation $24070, Interest $4505 and Deferred Principal & Interest $5090”

Form 990-EZ, Part II, Line 26

“Mortgage Balance $254062 and Security deposits $7530”

Raw XML Appendix132 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Murphy Realty & Management Inc
IRS990EZ/BooksInCareOfDetail/PhoneNum05152952927
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0208 East State Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Algona
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050511
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0107039
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0116711
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt04033
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013544
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0145091
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0147111
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt094667
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0142
IRS990EZ/LandAndBuildingsGrp/BOYAmt038052
IRS990EZ/LandAndBuildingsGrp/EOYAmt030400
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-118514
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-114481
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-118514
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-114481
IRS990EZ/OccupancyRentUtltsAndMaintAmt043425
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Lori Gascho
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jeannie Lemberg
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Bev Schreiber
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt033665
IRS990EZ/OtherRevenueTotalAmt02711
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide low rent housing in Badger, Iowa.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt091814
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide low rent housing for the elderly, disabled, and families. Rent is based on 30% of the applicant's yearly adjusted income with the remainder subsidized by USDA/Rural Development. This organization made it possible for 16 families to find safe and affordable housing in Badger.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt090634
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0263605
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0261592
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt090634
IRS990EZ/TotalProgramServiceExpensesAmt090634
IRS990EZ/TotalRevenueAmt094667
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Laundry $2717 and Tenant Charges -$6
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Depreciation $24070, Interest $4505 and Deferred Principal & Interest $5090
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Mortgage Balance $254062 and Security deposits $7530
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Lori Gascho
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05155712967
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BADGER DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0BADG
ReturnHeader/Filer/EIN0421146849
ReturnHeader/Filer/PhoneNum05152952927
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 476
ReturnHeader/Filer/USAddress/CityNm0Algona
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050511
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270007462
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0Murphy Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Algona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050511
ReturnHeader/PreparerPersonGrp/PhoneNum05152952927
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William Murphy
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-26T13:00:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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