Civic Intelligence

Perry Economic Development Inc.

990 • Fiscal year 2021 • EIN 42-1234767

Jul 01, 2020 to Jun 30, 2021 • Filed on Sep 09, 2021

Organization ProfileN/A
1307 2nd StPerry, IA 50220

(515) 465-3591

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$2,875,891

Up $1,456,658 (+103%) from 2020

Net Assets

Up

$2,623,142

Up $1,566,945 (+148%) from 2020

Liabilities

Down

$252,749

Down $110,287 (-30%) from 2020

Revenue And Expenses

Revenue

Up

$1,996,932

Up $1,993,461 (+57432%) from 2020

Expenses

Up

$429,987

Up $342,930 (+394%) from 2020

Net Income

Up

$1,566,945

Up $1,650,531 (+1975%) from 2020

Historical Trend

Balance Sheet Trend

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: $2,875,891Liabilities 2021: $252,749Net Assets 2021: $2,623,1422021Assets 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

2021

Assets$2,875,891
Liabilities$252,749
Net Assets$2,623,142
Open 2021 Filing

Operations Trend

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: $1,996,932Expenses 2021: $429,987Net Income 2021: $1,566,9452021Revenue 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

2021

Revenue$1,996,932
Expenses$429,987
Net Income$1,566,945
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Sep 9, 2021
Return Version
2020v4.0
Gross Receipts
$2,582,090
Mission and Program Overview

Mission

Economic development for perry, iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,056,197$2,623,142▲ $1,566,945
Land, Buildings, and Equipment, Net$703,033$586,885▼ $116,148
Savings and Temporary Cash Investments$155,991$250,588▲ $94,597
Cash and Non-Interest-Bearing Accounts$93,444$110,094▲ $16,650
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$1,419,233$2,875,891▲ $1,456,658
Other Assets Total$466,765$1,928,324▲ $1,461,559
Liabilities
Mortgage Notes Payable Secured by Investment Property$360,000--
Other Liabilities-$250,001-
Accounts Payable and Accrued Expenses$3,036$2,748▼ $288
Total Liabilities$363,036$252,749▼ $110,287
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,056,197$2,623,142▲ $1,566,945
Total Liabilities and Net Assets / Fund Balance$1,419,233$2,875,891▲ $1,456,658

Asset Categories

AssetBook ValueDepreciationBasis
Land$586,885-$586,885
Other Assets Org$250,000--
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$1,845,200
Program Service Revenue
$0
Investment Income
$146,766
Other Revenue
$4,966
All Other Contributions
$1,750,200
Change in Net Assets
$1,566,945
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$385,000
Other Expenses$44,987
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$385,000--$385,000
Advertising$7,500--$7,500
Other Expenses$1,000--$1,000
All Other Expenses$959--$959
Insurance$50--$50
Total Functional Expenses$429,987$0$0$429,987
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hotel PatteelapostePerry, IA-Promotion of Economic Development$385,000
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tif Development Agreement Payable$250,000
Rounding$1
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
Yes

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
2021-09-09
Discuss with paid preparer
Yes

Organization Details

Formed
1980
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
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 445 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/BOYAmt03036
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02748
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ECONOMIC DEVELOPMENT FOR PERRY, IOWA
IRS990/AdvertisingGrp/ProgramServicesAmt07500
IRS990/AdvertisingGrp/TotalAmt07500
IRS990/AllOtherContributionsAmt01750200
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0959
IRS990/AllOtherExpensesGrp/TotalAmt0959
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/BOYAmt093444
IRS990/CashNonInterestBearingGrp/EOYAmt0110094
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/CYContributionsGrantsAmt01845200
IRS990/CYGrantsAndSimilarPaidAmt0385000
IRS990/CYInvestmentIncomeAmt0146766
IRS990/CYOtherExpensesAmt044987
IRS990/CYOtherRevenueAmt04966
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01566945
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0429987
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01996932
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
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/ExpenseAmt0429987
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/AverageHoursPerWeekRltdOrgRt70.00
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/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
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/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/OtherCompensationAmt70
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/PersonNm6THOMAS BURKGREN
IRS990/Form990PartVIISectionAGrp/PersonNm7TERRY NIELSEN
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Sec/Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0139662
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt095000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0385000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0385000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0724820
IRS990/GrossReceiptsAmt02582090
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt050
IRS990/InsuranceGrp/TotalAmt050
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07104
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07104
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0703033
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0586885
IRS990/LandBldgEquipCostOrOtherBssAmt0586885
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0585158
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/NetAssetsOrFundBalancesBOYAmt01056197
IRS990/NetAssetsOrFundBalancesEOYAmt02623142
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0139662
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0139662
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/BOYAmt0466765
IRS990/OtherAssetsTotalGrp/EOYAmt01928324
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0INDUSTRIAL PARK EXP
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2DMACC EXPENSE-SIGN
IRS990/OtherExpensesGrp/Desc3DUES-GDCA
IRS990/OtherExpensesGrp/ProgramServicesAmt031769
IRS990/OtherExpensesGrp/ProgramServicesAmt12460
IRS990/OtherExpensesGrp/ProgramServicesAmt21249
IRS990/OtherExpensesGrp/ProgramServicesAmt31000
IRS990/OtherExpensesGrp/TotalAmt031769
IRS990/OtherExpensesGrp/TotalAmt12460
IRS990/OtherExpensesGrp/TotalAmt21249
IRS990/OtherExpensesGrp/TotalAmt31000
IRS990/OtherLiabilitiesGrp/EOYAmt0250001
IRS990/OtherRevenueMiscGrp/Desc0PATRONAGE DIVIDEND
IRS990/OtherRevenueMiscGrp/Desc1REIMBURSED EXPENSES
IRS990/OtherRevenueMiscGrp/Desc2RENT INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt091
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11500
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt23375
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt091
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11500
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt23375
IRS990/OtherRevenueTotalAmt04966
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/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt075000
IRS990/PYInvestmentIncomeAmt031
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt012057
IRS990/PYOtherRevenueAmt03440
IRS990/PYRevenuesLessExpensesAmt0-83586
IRS990/PYTotalExpensesAmt087057
IRS990/PYTotalRevenueAmt03471
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01566945
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01056197
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02623142
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0155991
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0250588
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01845200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt066000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0233661
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0122605
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02267466
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01741
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0567
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01355
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03663
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01741
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0567
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03663
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt02359976
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt092510
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt092510
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01845200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0158510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0233661
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0122605
IRS990ScheduleA/Total509Grp/TotalAmt02359976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01845200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0160251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0234228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0123960
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02363639
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
IRS990ScheduleD/LandGrp/BookValueAmt0586885
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0586885
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01260
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11677064
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2250000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED SIGN EXP RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INVESTMENT- SPEC BUILDING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INVESTMENT-HOTEL PATTEE/LAPOSTE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TIF DEVELOPMENT AGREEMENT REC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1250000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TIF DEVELOPMENT AGREEMENT PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0586885
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01928324
IRS990ScheduleD/TotalLiabilityAmt0250001
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0385000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROMOTION OF ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HOTEL PATTEELAPOSTE
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/TotalAssetsBOYAmt01419233
IRS990/TotalAssetsEOYAmt02875891
IRS990/TotalAssetsGrp/BOYAmt01419233
IRS990/TotalAssetsGrp/EOYAmt02875891
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01845200
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0429987
IRS990/TotalFunctionalExpensesGrp/TotalAmt0429987
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0363036
IRS990/TotalLiabilitiesEOYAmt0252749
IRS990/TotalLiabilitiesGrp/BOYAmt0363036
IRS990/TotalLiabilitiesGrp/EOYAmt0252749
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01056197
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02623142
IRS990/TotalProgramServiceExpensesAmt0429987
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0151732
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01996932
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01419233
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02875891

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,875,891
Liabilities
$252,749
Net assets
$2,623,142
Revenue
$1,996,932
Expenses
$429,987
Net income
$1,566,945
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
2021Detailed filing. Detailed filing data is available for this year.$2.88$0.25$2.62$2.00$0.43$1.57
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