Civic Intelligence

Perry Economic Development Inc.

990 • Fiscal year 2023 • EIN 42-1234767

Jul 01, 2022 to Jun 30, 2023 • Filed on May 10, 2024

Organization ProfileN/A
1307 2nd StPerry, IA 50220

(515) 465-3545

Siviq Scores

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

Liabilities / Assets

79th percentile

0.39x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

11.35x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

2nd percentile

-211%

Higher net margin than 2% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

13th percentile

-10%

Faster asset growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-92%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets79th percentile

Assets

Down

$4,601,849

Down $520,397 (-10%) from 2022

Net Assets

Down

$2,804,719

Down $334,598 (-11%) from 2022

Liabilities

Down

$1,797,130

Down $185,799 (-9.4%) from 2022

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin2nd percentile

Revenue

Down

$158,353

Down $1,732,268 (-92%) from 2022

Expenses

Down

$492,951

Down $1,319,146 (-73%) from 2022

Net Income

Down

-$334,598

Down $413,122 (-526%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2023

Assets$4,601,849
Liabilities$1,797,130
Net Assets$2,804,719
Open 2023 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

2023

Revenue$158,353
Expenses$492,951
Net Income-$334,598
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 10, 2024
Return Version
2022v5.0
Gross Receipts
$206,230
Mission and Program Overview

Mission

Economic development for perry, iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,404,453$3,301,393▼ $103,060
Rtn Earn Endowment Incm Other Fnds$3,139,317$2,804,719▼ $334,598
Cash and Non-Interest-Bearing Accounts$628,357$90,680▼ $537,677
Prepaid Expenses and Deferred Charges$32,030$6,643▼ $25,387
Accounts Receivable$5,709$0▼ $5,709
Savings and Temporary Cash Investments-$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-
Total Assets$5,122,246$4,601,849▼ $520,397
Other Assets Total$1,051,697$1,203,133▲ $151,436
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,525,000$1,525,000→ $0
Other Liabilities$450,018$272,130▼ $177,888
Accounts Payable and Accrued Expenses$7,911--
Total Liabilities$1,982,929$1,797,130▼ $185,799
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,139,317$2,804,719▼ $334,598
Total Liabilities and Net Assets / Fund Balance$5,122,246$4,601,849▼ $520,397

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,367,786$95,659$2,463,445
Land$717,673-$717,673
Equipment$104,441$30,668$135,109
Other Land Buildings$92,108$31,546$123,654
Leasehold Improvements$19,385$3,202$22,587
Other Assets Org$250,000--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Jeff HuittPresident
Jason LevanVice President
Matt McdevittDirector
Michael Van HouwelingDirector
Scott FinnesethDirector
Thomas BurkgrenDirector
Eddie DiazSecretary
Darren LindstromTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,000
Program Service Revenue
$0
Investment Income
$8,976
Other Revenue
$79,377
All Other Contributions
$43,000
Change in Net Assets
$-334,598
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$363,197
Grants and Similar Amounts Paid$75,000
Salaries, Compensation, and Employee Benefits$54,754
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$81,009--$81,009
Grants to Domestic Orgs$75,000--$75,000
Interest$48,860--$48,860
Other Salaries and Wages$39,577--$39,577
All Other Expenses$33,959--$33,959
Insurance$31,620--$31,620
Other Expenses$26,715--$26,715
Fees for Services Legal$17,226--$17,226
Payroll Taxes$15,177--$15,177
Fees for Services Accounting$8,152--$8,152
Travel$1,763--$1,763
Advertising$1,413--$1,413
Fees for Services Other$600--$600
Conferences and Meetings$404--$404
Total Functional Expenses$492,951$0$0$492,951
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hotel PatteelapostePerry, 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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tif Development Agreement Payable$233,548
Hp/lp Real Estate Taxes Payable$33,578
Ped Accrued R/e Tax Payable$5,204
Hp-gift Crds$-200
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, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“Documents available to public upon request”

Filing and Contact Details

Filer

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

Signing Officer

Name
Darren Lindstrom
Title
Officer
Signed
2024-05-10
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 473 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/BOYAmt07911
IRS990/AccountsReceivableGrp/BOYAmt05709
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ECONOMIC DEVELOPMENT FOR PERRY, IOWA
IRS990/AdvertisingGrp/ProgramServicesAmt01413
IRS990/AdvertisingGrp/TotalAmt01413
IRS990/AllOtherContributionsAmt043000
IRS990/AllOtherExpensesGrp/ProgramServicesAmt033959
IRS990/AllOtherExpensesGrp/TotalAmt033959
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DARREN LINDSTROM
IRS990/BooksInCareOfDetail/PhoneNum05154653545
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01307 2ND ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0PERRY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050220
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0628357
IRS990/CashNonInterestBearingGrp/EOYAmt090680
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0404
IRS990/ConferencesMeetingsGrp/TotalAmt0404
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt070000
IRS990/CYGrantsAndSimilarPaidAmt075000
IRS990/CYInvestmentIncomeAmt08976
IRS990/CYOtherExpensesAmt0363197
IRS990/CYOtherRevenueAmt079377
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-334598
IRS990/CYSalariesCompEmpBnftPaidAmt054754
IRS990/CYTotalExpensesAmt0492951
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0158353
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt081009
IRS990/DepreciationDepletionGrp/TotalAmt081009
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/ExpenseAmt0492951
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt08152
IRS990/FeesForServicesAccountingGrp/TotalAmt08152
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt017226
IRS990/FeesForServicesLegalGrp/TotalAmt017226
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0600
IRS990/FeesForServicesOtherGrp/TotalAmt0600
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/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
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/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/PersonNm0MATT MCDEVITT
IRS990/Form990PartVIISectionAGrp/PersonNm1DARREN LINDSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL VAN HOUWELING
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT FINNESETH
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS BURKGREN
IRS990/Form990PartVIISectionAGrp/PersonNm5EDDIE DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFF HUITT
IRS990/Form990PartVIISectionAGrp/PersonNm7JASON LEVAN
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/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt06629
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt02500
IRS990/GrantAmt075000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt075000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt075000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt054506
IRS990/GrossReceiptsAmt0206230
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt031620
IRS990/InsuranceGrp/TotalAmt031620
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt048860
IRS990/InterestGrp/TotalAmt048860
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02347
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02347
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0161075
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03404453
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03301393
IRS990/LandBldgEquipCostOrOtherBssAmt03462468
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt047877
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt024500
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt035
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt035
IRS990/MissionDesc0ECONOMIC DEVELOPMENT FOR PERRY, IOWA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01525000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01525000
IRS990/NetAssetsOrFundBalancesBOYAmt03139317
IRS990/NetAssetsOrFundBalancesEOYAmt02804719
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt06629
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06629
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/BOYAmt01051697
IRS990/OtherAssetsTotalGrp/EOYAmt01203133
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0HP/LP-REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1HP REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2HP/LP COGS
IRS990/OtherExpensesGrp/Desc3HP/LP-UTILITIES
IRS990/OtherExpensesGrp/ProgramServicesAmt045088
IRS990/OtherExpensesGrp/ProgramServicesAmt133532
IRS990/OtherExpensesGrp/ProgramServicesAmt232856
IRS990/OtherExpensesGrp/ProgramServicesAmt326715
IRS990/OtherExpensesGrp/TotalAmt045088
IRS990/OtherExpensesGrp/TotalAmt133532
IRS990/OtherExpensesGrp/TotalAmt232856
IRS990/OtherExpensesGrp/TotalAmt326715
IRS990/OtherLiabilitiesGrp/BOYAmt0450018
IRS990/OtherLiabilitiesGrp/EOYAmt0272130
IRS990/OtherRevenueMiscGrp/Desc0HOTEL PATTEE/LAPOSTE REVENUE
IRS990/OtherRevenueMiscGrp/Desc1REIMBURSED EXPENSES-IND PARK
IRS990/OtherRevenueMiscGrp/Desc2RENT INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt054798
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt115644
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt28900
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt054798
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt115644
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt28900
IRS990/OtherRevenueTotalAmt079377
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039577
IRS990/OtherSalariesAndWagesGrp/TotalAmt039577
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt015177
IRS990/PayrollTaxesGrp/TotalAmt015177
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032030
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06643
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0363435
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0421
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01003596
IRS990/PYOtherRevenueAmt01526765
IRS990/PYRevenuesLessExpensesAmt078524
IRS990/PYSalariesCompEmpBnftPaidAmt0808501
IRS990/PYTotalExpensesAmt01812097
IRS990/PYTotalRevenueAmt01890621
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-334598
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03139317
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02804719
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt070000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0363435
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01845200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt066000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02344635
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0421
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt031
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01741
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02193
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0421
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt031
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01741
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02193
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00110
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99890
IRS990ScheduleA/PublicSupportTotal509Amt02437145
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt092510
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt092510
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt070000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0363435
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01845200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0158510
IRS990ScheduleA/Total509Grp/TotalAmt02437145
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt070000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0363856
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01845200
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt031
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0160251
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02439338
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02367786
IRS990ScheduleD/BuildingsGrp/DepreciationAmt095659
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02463445
IRS990ScheduleD/EquipmentGrp/BookValueAmt0104441
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030668
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0135109
IRS990ScheduleD/LandGrp/BookValueAmt0717673
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0717673
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt019385
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt03202
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt022587
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0953133
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1250000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED SIGN EXP RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1HP/LP INVENTORY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SPEC BLDG CIP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TIF DEVELOPMENT AGREEMENT REC
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt092108
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt031546
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0123654
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt033578
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25204
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3233548
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0HP/LP REAL ESTATE TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1HP-GIFT CRDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PED ACCRUED R/E TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TIF DEVELOPMENT AGREEMENT PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03301393
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01203133
IRS990ScheduleD/TotalLiabilityAmt0272130
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt075000
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, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,601,849
Liabilities
$1,797,130
Net assets
$2,804,719
Revenue
$158,353
Expenses
$492,951
Net income
-$334,598
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