Civic Intelligence

Lake City Community Development

EIN 42-1295868 • 501(c)3 • Lake City, IA

Profile

nonprofit chamber of commerce

105 N Center StLake City, IA 51449

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

20th percentile

-28%

Higher net margin than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

89th percentile

$12,314

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 102.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

93rd percentile

109%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-18%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$36,785

Up $19,159 (+109%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Up

$36,785

Up $19,159 (+109%) from 2019

Operations
Liabilities / RevenueScore unavailableNet Margin20th percentile

Revenue

Down

$9,313

Down $1,999 (-18%) from 2019

Expenses

Down

$11,900

Down $2,777 (-19%) from 2019

Net Income

Up

-$2,587

Up $778 (+23%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

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

$60K$40K$20K$0Assets 2011: $46,628Net Assets 2011: $46,6282011Assets 2012: $43,381Net Assets 2012: $43,3812012Assets 2013: $42,750Liabilities 2013: $0Net Assets 2013: $42,7502013Assets 2014: $36,027Liabilities 2014: $0Net Assets 2014: $36,0272014Assets 2015: $31,385Liabilities 2015: $0Net Assets 2015: $31,3852015Assets 2016: $39,244Liabilities 2016: $0Net Assets 2016: $39,2442016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $43,6622017Assets 2018: $20,991Liabilities 2018: $0Net Assets 2018: $20,9912018Assets 2019: $17,626Liabilities 2019: $0Net Assets 2019: $17,6262019Assets 2020: $36,785Liabilities 2020: $0Net Assets 2020: $36,7852020

Highlighted filing

2020

Assets$36,785
Liabilities$0
Net Assets$36,785
Open 2020 Filing

Operations Trend

Revenue Growth33rd percentile

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

$30K$20K$10K$0-$10KRevenue 2011: $16,613Expenses 2011: $25,308Net Income 2011: -$8,6952011Revenue 2012: $18,855Expenses 2012: $22,102Net Income 2012: -$3,2472012Revenue 2013: $19,996Expenses 2013: $20,627Net Income 2013: -$6312013Revenue 2014: $11,967Expenses 2014: $18,690Net Income 2014: -$6,7232014Revenue 2015: $14,509Expenses 2015: $19,151Net Income 2015: -$4,6422015Revenue 2016: $13,580Expenses 2016: $5,721Net Income 2016: $7,8592016Revenue 2017: $9,871Expenses 2017: $5,453Net Income 2017: $4,4182017Revenue 2018: $11,601Expenses 2018: $6,850Net Income 2018: $4,7512018Revenue 2019: $11,312Expenses 2019: $14,677Net Income 2019: -$3,3652019Revenue 2020: $9,313Expenses 2020: $11,900Net Income 2020: -$2,5872020

Highlighted filing

2020

Revenue$9,313
Expenses$11,900
Net Income-$2,587
Open 2020 Filing

Filings

Most recent year

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

Open filing
Assets
$36,785
Liabilities
$0
Net assets
$36,785
Revenue
$9,313
Expenses
$11,900
Net income
-$2,587
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$36.8$0.00$36.8$9.31$11.9$2.59
2019Detailed filing. Detailed filing data is available for this year.$17.6$0.00$17.6$11.3$14.7$3.37
2018Detailed filing. Detailed filing data is available for this year.$21.0$0.00$21.0$11.6$6.85$4.75
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$43.7$9.87$5.45$4.42
2016Detailed filing. Detailed filing data is available for this year.$39.2$0.00$39.2$13.6$5.72$7.86
2015Detailed filing. Detailed filing data is available for this year.$31.4$0.00$31.4$14.5$19.2$4.64
2014Detailed filing. Detailed filing data is available for this year.$36.0$0.00$36.0$12.0$18.7$6.72
2013Detailed filing. Detailed filing data is available for this year.$42.8$0.00$42.8$20.0$20.6$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.4$43.4$18.9$22.1$3.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.6$46.6$16.6$25.3$8.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 12, 2021
Return Version
2020v4.1
Gross Receipts
$12,230
Mission and Program Overview

Mission

nonprofit chamber of commerce

Program Services

DescriptionGrantsExpenses
our organization raises funds to use in the betterment of our community. We also use the funds raised annually to loan out to new existing businesses. We hold functions every year to raise funds to use to market our town.--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cindy CarstensTreasurer-$0--
Nick GordenPresidentPT$0--
Eric PetersonVice President-$0--
MacKenzie GordenDirectorPT$0--
Jill HeisterkampSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$5,373$5,373$2,917$2,456
Vendor fees$1,956$1,956-$1,956
Total Events$7,329$7,329$2,917$4,412
Filing and Contact Details

Filer

Filer Name
Lake City Community Development
EIN
42-1295868
Address
105 N Center St, Lake City, IA 51449

Signing Officer

Name
Cindy Carstens
Title
Treasurer
Signed
2021-08-12
Discuss with paid preparer
No

Preparer

Firm
Green CPA PLLC
Address
211 N Center St, Lake City, IA 51449
Preparer
Tamela S Green
Phone
7124648100
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

“Interest Income 311”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 2,250”

Form 990-EZ, Part I, Line 16, Other Expenses

“Telephone 909”

Form 990-EZ, Part I, Line 16, Other Expenses

“Insurance 952”

Form 990-EZ, Part I, Line 16, Other Expenses

“repairs 128”

Form 990-EZ, Part I, Line 16, Other Expenses

“equipment 876”

Form 990-EZ, Part I, Line 20, Net Assets

“CD and script money was not included in 2019 21,746”

Form 990-EZ, Part II, Line 24, Other Assets

“CD UBI Beginning of year 0, End of year 20,000”

Form 990-EZ, Part II, Line 24, Other Assets

“UBI Script Money Beginning of year 0, End of year 2,013”

Raw XML Appendix177 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/PhoneNum07124643171
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01371 W Main St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lake City
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd051449
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IRS990EZ/CompensationHighestPaidEmplGrp/ExpenseAccountAmt00
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IRS990EZ/CompensationHighestPaidEmplGrp/TitleTxt0Executive Director
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2587
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt036785
IRS990EZ/FundraisingGrossIncomeAmt07329
IRS990EZ/GrossReceiptsAmt012230
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MembershipDuesAmt04590
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt017626
IRS990EZ/NetAssetsOrFundBalancesEOYAmt036785
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Cindy Carstens
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Nick Gorden
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Eric Peterson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MacKenzie Gorden
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Jill Heisterkamp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt022013
IRS990EZ/OtherChangesInNetAssetsAmt021746
IRS990EZ/OtherExpensesTotalAmt05115
IRS990EZ/OtherRevenueTotalAmt0311
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0nonprofit chamber of commerce
IRS990EZ/PrintingPublicationsPostageAmt02385
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt04400
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt02917
IRS990EZ/SpecialEventsNetIncomeLossAmt04412
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt011900
IRS990EZ/TotalRevenueAmt09313
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09980
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt08163
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt021543
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt023719
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
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IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010291
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt017670
IRS990ScheduleA/Total509Grp/TotalAmt045262
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010291
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt045262
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02917
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fundraising
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Vendor fees
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt05373
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt01956
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt07329
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt05373
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt01956
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07329
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt04412
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02917
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02917
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest Income 311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies 2,250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Telephone 909
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance 952
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4repairs 128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5equipment 876
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CD and script money was not included in 2019 21,746
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CD UBI Beginning of year 0, End of year 20,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8UBI Script Money Beginning of year 0, End of year 2,013
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part II, Line 24, Other Assets
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Cindy Carstens
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Lake City Community Development
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0421295868
ReturnHeader/Filer/USAddress/AddressLine1Txt0105 N Center St
ReturnHeader/Filer/USAddress/CityNm0Lake City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051449
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Green CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0211 N Center St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lake City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd051449
ReturnHeader/PreparerPersonGrp/PhoneNum07124648100
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Tamela S Green
ReturnHeader/ReturnTs02021-08-12T09:27:50-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Cindy Carstens
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Treasurer
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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