Civic Intelligence

Keosauqua Economic Development Association Inc

EIN 42-1257989 • 501(c)6 • Keosauqua, IA

Profile

To bring economic development to keosauqua, ia

c/o FIRST IOWA STATE BANKKeosauqua, IA 52565

n/A

Siviq Scores

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

Liabilities / Assets

88th percentile

0.36x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

3.93x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

67th percentile

9.7%

Higher net margin than 67% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$236,791

Down $30,188 (-11%) from 2016

Liabilities

Up

$85,000

Up $10,000 (+13%) from 2016

Net Assets

Down

$151,791

Down $40,188 (-21%) from 2016

Operations
Liabilities / Revenue99th percentileNet Margin67th percentile

Revenue

Up

$21,616

Up $6,295 (+41%) from 2016

Expenses

Up

$19,511

Up $6,010 (+45%) from 2016

Net Income

Up

$2,105

Up $285 (+16%) from 2016

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2011: $271,201Liabilities 2011: $90,7012011Assets 2012: $272,476Liabilities 2012: $85,0002012Assets 2013: $272,890Liabilities 2013: $85,0002013Assets 2016: $266,979Liabilities 2016: $75,000Net Assets 2016: $191,9792016Assets 2021: $236,791Liabilities 2021: $85,000Net Assets 2021: $151,7912021

Highlighted filing

2021

Assets$236,791
Liabilities$85,000
Net Assets$151,791
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0Revenue 2011: $12,584Expenses 2011: $11,130Net Income 2011: $1,4542011Revenue 2012: $17,371Expenses 2012: $10,395Net Income 2012: $6,9762012Revenue 2013: $9,004Expenses 2013: $8,590Net Income 2013: $4142013Revenue 2016: $15,321Expenses 2016: $13,501Net Income 2016: $1,8202016Revenue 2021: $21,616Expenses 2021: $19,511Net Income 2021: $2,1052021

Highlighted filing

2021

Revenue$21,616
Expenses$19,511
Net Income$2,105
Open 2021 Filing

Filings

Most recent year

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

Open filing
Assets
$236,791
Liabilities
$85,000
Net assets
$151,791
Revenue
$21,616
Expenses
$19,511
Net income
$2,105
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$2.37$0.85$1.52$0.22$0.20$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.67$0.75$1.92$0.15$0.14$0.02
2013Summary only. Only limited summary data is available for this year.$2.73$0.85$0.09$0.09$0.00
2012Summary only. Only limited summary data is available for this year.$2.72$0.85$0.17$0.10$0.07
2011Summary only. Only limited summary data is available for this year.$2.71$0.91$0.13$0.11$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.1
Gross Receipts
$102,262
Mission and Program Overview

Mission

To bring economic development to keosauqua, ia

Program Services

DescriptionGrantsExpenses
CONSTRUCTION AND RENTAL OF CABINS TO ATTRACT TOURISTSAND OTHER INDIVIDUALS TO KEOSAUQUA, IOWA IN ORDER TOSTIMULATE LOCAL ECONOMIC ACTIVITY.-$13,021
DEVELOPED AND MAINTAINED LOTS TO BE USED FOR RESIDENTIALSUBDIVISION IN KEOSAUQUA, IOWA. NINE LOTS WERE SOLD IN 2021-$6,490
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN HRANICKAPresident-$0--
DOUG CHAPUISVice President-$0--
RICHARD NICHOLSSecretary-Treasurer-$0--
LAURA GASTONDirector-$0--
CRAIG MILLERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Keosauqua Economic Development Association Inc
EIN
42-1257989
Phone
3192933794
Address
c/o FIRST IOWA STATE BANK, KEOSAUQUA, IA 52565

Signing Officer

Name
Richard Nichols
Title
Treasurer
Phone
3192933794
Signed
2022-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Graf & Company
Address
107 E WASHINGTON, FAIRFIELD, IA 52556
Preparer
Robert Van Nostrand
Phone
6414723156
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“MOWING & SPRAYING 6490.”

Form 990EZ, Part I, Line 16

“INSURANCE 6770.”

Form 990EZ, Part I, Line 16

“DUES 350.”

Form 990EZ, Part I, Line 16

“BANK CHARGES 55.”

Form 990EZ, Part I, Line 16

“Depreciation 5546.”

Form 990EZ, Part I, Line 16

“REPAIRS 300.”

Form 990EZ, Part II, Line 26

“Notes payable 85000. 85000.”

Raw XML Appendix143 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD NICHOLS
IRS990EZ/BooksInCareOfDetail/PhoneNum03192933794
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01ST IOWA STATE BANK
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0KEOSAUQUA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052565
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt021251
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0105897
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt080646
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02105
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0234686
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0236791
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt017198
IRS990EZ/GrossReceiptsAmt0102262
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt097844
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt04418
IRS990EZ/LandAndBuildingsGrp/BOYAmt0213435
IRS990EZ/LandAndBuildingsGrp/EOYAmt0130894
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0149686
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0151791
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0149686
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0151791
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEVIN HRANICKA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DOUG CHAPUIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICHARD NICHOLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LAURA GASTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CRAIG MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt019511
IRS990EZ/PrimaryExemptPurposeTxt0TO BRING ECONOMIC DEVELOPMENT TO KEOSAUQUA, IA
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOPED AND MAINTAINED LOTS TO BE USED FOR RESIDENTIALSUBDIVISION IN KEOSAUQUA, IOWA. NINE LOTS WERE SOLD IN 2021
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1CONSTRUCTION AND RENTAL OF CABINS TO ATTRACT TOURISTSAND OTHER INDIVIDUALS TO KEOSAUQUA, IOWA IN ORDER TOSTIMULATE LOCAL ECONOMIC ACTIVITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06490
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt113021
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt085000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt085000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt019511
IRS990EZ/TotalProgramServiceExpensesAmt019511
IRS990EZ/TotalRevenueAmt021616
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MOWING & SPRAYING 6490.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INSURANCE 6770.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUES 350.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANK CHARGES 55.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation 5546.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REPAIRS 300.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Notes payable 85000. 85000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD NICHOLS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03192933794
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KEOSAUQUA ECONOMIC DEVELOPMENT ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KEOS
ReturnHeader/Filer/EIN0421257989
ReturnHeader/Filer/PhoneNum03192933794
ReturnHeader/Filer/USAddress/AddressLine1Txt0c/o FIRST IOWA STATE BANK
ReturnHeader/Filer/USAddress/CityNm0KEOSAUQUA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052565
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421193893
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GRAF & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0107 E WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FAIRFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052556
ReturnHeader/PreparerPersonGrp/PhoneNum06414723156
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert Van Nostrand
ReturnHeader/ReturnTs02022-06-29T07:03:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NICHOLS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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