Civic Intelligence

Perry Economic Development Inc.

990 • Fiscal year 2020 • EIN 42-1234767

Jul 01, 2019 to Jun 30, 2020 • Filed on Jul 24, 2020

Organization ProfileN/A
1307 2nd StPerry, IA 50220

(515) 465-3591

Siviq Scores

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

Liabilities / Assets

67th percentile

0.26x

Higher debt load relative to assets than 67% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

100th percentile

104.59x

Higher debt load relative to revenue than 100% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

1st percentile

-2408%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

14th percentile

-5.6%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$1,419,233

Down $83,526 (-5.6%) from 2019

Net Assets

Down

$1,056,197

Down $83,586 (-7.3%) from 2019

Liabilities

Up

$363,036

Up $60 (+0.0%) from 2019

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$3,471

Down $165,268 (-98%) from 2019

Expenses

Up

$87,057

Up $73,928 (+563%) from 2019

Net Income

Down

-$83,586

Down $239,196 (-154%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,126,793Liabilities 2012: $570,000Net Assets 2012: $556,7932012Assets 2013: $1,126,640Liabilities 2013: $512,754Net Assets 2013: $613,8862013Assets 2014: $1,117,358Liabilities 2014: $441,138Net Assets 2014: $676,2202014Assets 2015: $1,070,935Liabilities 2015: $366,509Net Assets 2015: $704,4262015Assets 2016: $1,057,967Liabilities 2016: $287,578Net Assets 2016: $770,3892016Assets 2017: $1,080,422Liabilities 2017: $205,143Net Assets 2017: $875,2792017Assets 2018: $1,292,058Liabilities 2018: $307,885Net Assets 2018: $984,1732018Assets 2019: $1,502,759Liabilities 2019: $362,976Net Assets 2019: $1,139,7832019Assets 2020: $1,419,233Liabilities 2020: $363,036Net Assets 2020: $1,056,1972020Assets 2021: $3,425,907Liabilities 2021: $365,114Net Assets 2021: $3,060,7932021Assets 2022: $5,122,246Liabilities 2022: $1,982,929Net Assets 2022: $3,139,3172022Assets 2023: $4,601,849Liabilities 2023: $1,797,130Net Assets 2023: $2,804,7192023Assets 2024: $2,593,652Liabilities 2024: $1,430,123Net Assets 2024: $1,163,5292024

Highlighted filing

2020

Assets$1,419,233
Liabilities$363,036
Net Assets$1,056,197
Open 2020 Filing

Operations Trend

Revenue Growth1st percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $30,031Expenses 2012: $122,706Net Income 2012: -$92,6752012Expenses 2013: $34,9912013Revenue 2014: $172,470Expenses 2014: $110,136Net Income 2014: $62,3342014Revenue 2015: $110,515Expenses 2015: $82,309Net Income 2015: $28,2062015Revenue 2016: $111,109Expenses 2016: $45,146Net Income 2016: $65,9632016Revenue 2017: $123,960Expenses 2017: $19,070Net Income 2017: $104,8902017Revenue 2018: $234,611Expenses 2018: $125,717Net Income 2018: $108,8942018Revenue 2019: $168,739Expenses 2019: $13,129Net Income 2019: $155,6102019Revenue 2020: $3,471Expenses 2020: $87,057Net Income 2020: -$83,5862020Revenue 2021: $2,435,116Expenses 2021: $430,520Net Income 2021: $2,004,5962021Revenue 2022: $1,890,621Expenses 2022: $1,812,097Net Income 2022: $78,5242022Revenue 2023: $158,353Expenses 2023: $492,951Net Income 2023: -$334,5982023Revenue 2024: $400,372Expenses 2024: $1,924,851Net Income 2024: -$1,524,4792024

Highlighted filing

2020

Revenue$3,471
Expenses$87,057
Net Income-$83,586
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jul 24, 2020
Return Version
2019v5.0
Gross Receipts
$3,471
Mission and Program Overview

Mission

Economic development for perry, iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,139,783$1,056,197▼ $83,586
Land, Buildings, and Equipment, Net$703,033$703,033→ $0
Savings and Temporary Cash Investments$155,991$155,991→ $0
Cash and Non-Interest-Bearing Accounts$176,629$93,444▼ $83,185
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,502,759$1,419,233▼ $83,526
Other Assets Total$467,106$466,765▼ $341
Liabilities
Mortgage Notes Payable Secured by Investment Property$360,000$360,000→ $0
Accounts Payable and Accrued Expenses$2,976$3,036▲ $60
Total Liabilities$362,976$363,036▲ $60
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,139,783$1,056,197▼ $83,586
Total Liabilities and Net Assets / Fund Balance$1,502,759$1,419,233▼ $83,526

Asset Categories

AssetBook ValueDepreciationBasis
Land$703,033-$703,033
Other Assets Org$465,505--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Richard JonesPresident
William ClarkVice President
Daniel SpellmanDirector
Jon PetersDirector
Scott FinnesethDirector
Terry NielsenDirector
Monica ScheibSec/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$31
Other Revenue
$3,440
Change in Net Assets
$-83,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$75,000
Other Expenses$12,057
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$75,000--$75,000
Insurance$3,350--$3,350
Other Expenses$1,000--$1,000
All Other Expenses$776--$776
Advertising$500--$500
Total Functional Expenses$87,057$0$0$87,057
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hotel PatteePerry, IA-Promotion of Economic Development$75,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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

Form 990, Part VI, Line 11B: Form 990 Review Process

“No review was or will be conducted.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Documents available to public upon request”

Filing and Contact Details

Filer

Filer Name
Perry Economic Development Inc
EIN
42-1234767
Phone
5154653591
Address
1307 2ND ST, PERRY, IA 50220

Signing Officer

Name
Richard Jones
Title
Officer
Signed
2020-07-24
Discuss with paid preparer
Yes

Organization Details

Formed
1980
Legal Domicile
Ia
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Meriwether Wilson & Co PLLC
Address
1307 Second St, Perry, IA 50220
Preparer
Nick Siebrecht CPA
Phone
5154653591
Raw XML AppendixShowing 400 of 408 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/BOYAmt02976
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03036
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ECONOMIC DEVELOPMENT FOR PERRY, IOWA
IRS990/AdvertisingGrp/ProgramServicesAmt0500
IRS990/AdvertisingGrp/TotalAmt0500
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0776
IRS990/AllOtherExpensesGrp/TotalAmt0776
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0MONICA SCHEIB
IRS990/BooksInCareOfDetail/PhoneNum05154653545
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02285 DERI PL
IRS990/BooksInCareOfDetail/USAddress/CityNm0PERRY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050220
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0176629
IRS990/CashNonInterestBearingGrp/EOYAmt093444
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt075000
IRS990/CYInvestmentIncomeAmt031
IRS990/CYOtherExpensesAmt012057
IRS990/CYOtherRevenueAmt03440
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-83586
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt087057
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03471
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0ECONOMIC DEVELOPMENT FOR THE CITY OF PERRY.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt087057
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
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/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0RICHARD JONES
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm2MONICA SCHEIB
IRS990/Form990PartVIISectionAGrp/PersonNm3DANIEL SPELLMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JON PETERS
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT FINNESETH
IRS990/Form990PartVIISectionAGrp/PersonNm6TERRY NIELSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Sec/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt075000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt075000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03471
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt03350
IRS990/InsuranceGrp/TotalAmt03350
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt031
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt031
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0703033
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0703033
IRS990/LandBldgEquipCostOrOtherBssAmt0703033
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ECONOMIC DEVELOPMENT FOR PERRY, IOWA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0360000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0360000
IRS990/NetAssetsOrFundBalancesBOYAmt01139783
IRS990/NetAssetsOrFundBalancesEOYAmt01056197
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0467106
IRS990/OtherAssetsTotalGrp/EOYAmt0466765
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1INDUSTRIAL PARK EXP
IRS990/OtherExpensesGrp/Desc2SIGN INDUSTRIAL PARK
IRS990/OtherExpensesGrp/Desc3DUES-GDCA
IRS990/OtherExpensesGrp/ProgramServicesAmt03096
IRS990/OtherExpensesGrp/ProgramServicesAmt11799
IRS990/OtherExpensesGrp/ProgramServicesAmt21536
IRS990/OtherExpensesGrp/ProgramServicesAmt31000
IRS990/OtherExpensesGrp/TotalAmt03096
IRS990/OtherExpensesGrp/TotalAmt11799
IRS990/OtherExpensesGrp/TotalAmt21536
IRS990/OtherExpensesGrp/TotalAmt31000
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE DIVIDEND
IRS990/OtherRevenueMiscGrp/Desc1RENT INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt065
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13375
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt065
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13375
IRS990/OtherRevenueTotalAmt03440
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0158510
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01741
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt013129
IRS990/PYOtherRevenueAmt08488
IRS990/PYRevenuesLessExpensesAmt0155610
IRS990/PYTotalExpensesAmt013129
IRS990/PYTotalRevenueAmt0168739
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-83586
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01139783
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01056197
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0155991
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0155991
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt066000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0233661
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0122605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0110096
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0532362
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01741
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0567
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01355
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01013
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04676
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01741
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0567
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01013
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04676
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0624872
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt092510
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt092510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0158510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0233661
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0122605
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0110096
IRS990ScheduleA/Total509Grp/TotalAmt0624872
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0160251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0234228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0123960
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0111109
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0629548
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0703033
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0703033
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01260
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1465505
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED SIGN EXP RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT- SPEC BUILDING
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0703033
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0466765
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt075000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROMOTION OF ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HOTEL PATTEE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01112 WILLIS AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PERRY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050220
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS AVAILABLE TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01502759
IRS990/TotalAssetsEOYAmt01419233
IRS990/TotalAssetsGrp/BOYAmt01502759
IRS990/TotalAssetsGrp/EOYAmt01419233
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt087057
IRS990/TotalFunctionalExpensesGrp/TotalAmt087057
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0362976
IRS990/TotalLiabilitiesEOYAmt0363036
IRS990/TotalLiabilitiesGrp/BOYAmt0362976
IRS990/TotalLiabilitiesGrp/EOYAmt0363036
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01139783
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01056197
IRS990/TotalProgramServiceExpensesAmt087057
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03471
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03471
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01502759
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01419233
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01307 2ND ST
IRS990/USAddress/CityNm0PERRY
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050220
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-22 18:59:49Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PERRY ECONOMIC DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0PERR
ReturnHeader/Filer/EIN0421234767
ReturnHeader/Filer/PhoneNum05154653591
ReturnHeader/Filer/USAddress/AddressLine1Txt01307 2ND ST
ReturnHeader/Filer/USAddress/CityNm0PERRY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050220
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420731256
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Meriwether Wilson & Co PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01307 Second St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Perry
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,419,233
Liabilities
$363,036
Net assets
$1,056,197
Revenue
$3,471
Expenses
$87,057
Net income
-$83,586
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.59$1.43$1.16$0.40$1.92$1.52
2023Detailed filing. Detailed filing data is available for this year.$4.60$1.80$2.80$0.16$0.49$0.33
2022Detailed filing. Detailed filing data is available for this year.$5.12$1.98$3.14$1.89$1.81$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.43$0.37$3.06$2.44$0.43$2.00
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.36$1.06$0.00$0.09$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.50$0.36$1.14$0.17$0.01$0.16
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.31$0.98$0.23$0.13$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.08$0.21$0.88$0.12$0.02$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.29$0.77$0.11$0.05$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.07$0.37$0.70$0.11$0.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.12$0.44$0.68$0.17$0.11$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.51$0.61$0.03
2012Summary only. Only limited summary data is available for this year.$1.13$0.57$0.56$0.03$0.12$0.09