Civic Intelligence

Cherokee Area Economic Development

990 • Fiscal year 2014 • EIN 42-1336335

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 20, 2014

Organization ProfileCHEROKEEIA.COM
418 W Cedar51012

(712) 225-5739

Siviq Scores

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

Liabilities / Assets

77th percentile

0.44x

Higher debt load relative to assets than 77% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

95th percentile

1.44x

Higher debt load relative to revenue than 95% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

95th percentile

34%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

68th percentile

9.5%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

94th percentile

46%

Faster revenue growth than 94% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets77th percentile

Assets

Up

$1,023,356

Up $88,648 (+9.5%) from 2013

Net Assets

Up

$570,951

Up $105,967 (+23%) from 2013

Liabilities

Down

$452,405

Down $17,319 (-3.7%) from 2013

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin95th percentile

Revenue

Up

$313,200

Up $99,000 (+46%) from 2013

Expenses

Up

$207,233

Up $25,102 (+14%) from 2013

Net Income

Up

$105,967

Up $73,898 (+230%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$1.5M$1.0M$500K$0Assets 2012: $705,331Liabilities 2012: $272,416Net Assets 2012: $432,9152012Assets 2013: $934,708Liabilities 2013: $469,724Net Assets 2013: $464,9842013Assets 2014: $1,023,356Liabilities 2014: $452,405Net Assets 2014: $570,9512014Assets 2015: $782,789Liabilities 2015: $235,641Net Assets 2015: $547,1482015Assets 2016: $727,876Liabilities 2016: $215,358Net Assets 2016: $512,5182016Assets 2017: $746,435Liabilities 2017: $202,268Net Assets 2017: $544,1672017Assets 2018: $704,003Liabilities 2018: $189,718Net Assets 2018: $514,2852018Assets 2019: $704,640Liabilities 2019: $173,739Net Assets 2019: $530,9012019Assets 2020: $697,454Liabilities 2020: $170,296Net Assets 2020: $527,1582020Assets 2021: $761,110Liabilities 2021: $130,148Net Assets 2021: $630,9622021Assets 2022: $745,721Liabilities 2022: $82,271Net Assets 2022: $663,4502022Assets 2023: $801,679Liabilities 2023: $49,287Net Assets 2023: $752,3922023Assets 2024: $842,966Liabilities 2024: $39,933Net Assets 2024: $803,0332024Assets 2025: $865,278Liabilities 2025: $21,233Net Assets 2025: $844,0452025

Highlighted filing

2014

Assets$1,023,356
Liabilities$452,405
Net Assets$570,951
Open 2014 Filing

Operations Trend

Revenue Growth94th percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2012: $238,056Expenses 2012: $168,767Net Income 2012: $69,2892012Revenue 2013: $214,200Expenses 2013: $182,131Net Income 2013: $32,0692013Revenue 2014: $313,200Expenses 2014: $207,233Net Income 2014: $105,9672014Revenue 2015: $190,387Expenses 2015: $214,190Net Income 2015: -$23,8032015Revenue 2016: $183,191Expenses 2016: $217,821Net Income 2016: -$34,6302016Revenue 2017: $244,152Expenses 2017: $212,503Net Income 2017: $31,6492017Revenue 2018: $243,536Expenses 2018: $273,418Net Income 2018: -$29,8822018Revenue 2019: $237,996Expenses 2019: $221,380Net Income 2019: $16,6162019Revenue 2020: $237,446Expenses 2020: $241,189Net Income 2020: -$3,7432020Revenue 2021: $328,688Expenses 2021: $224,884Net Income 2021: $103,8042021Revenue 2022: $256,561Expenses 2022: $224,073Net Income 2022: $32,4882022Revenue 2023: $284,440Expenses 2023: $195,498Net Income 2023: $88,9422023Revenue 2024: $309,867Expenses 2024: $259,226Net Income 2024: $50,6412024Revenue 2025: $298,105Expenses 2025: $257,093Net Income 2025: $41,0122025

Highlighted filing

2014

Revenue$313,200
Expenses$207,233
Net Income$105,967
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 20, 2014
Return Version
2013v3.1
Gross Receipts
$313,553
Mission and Program Overview

Mission

Economic development of the cherokee area

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$256,960$366,854▲ $109,894
Land, Buildings, and Equipment, Net$271,398$263,328▼ $8,070
Savings and Temporary Cash Investments$208,197$195,632▼ $12,565
Other Notes and Loans Receivable, Net$142,682$144,806▲ $2,124
Accounts Receivable-$1,263-
Prepaid Expenses and Deferred Charges$3,526$560▼ $2,966
Total Assets$934,708$1,023,356▲ $88,648
Other Assets Total$51,945$50,913▼ $1,032
Liabilities
Other Liabilities$444,123$313,666▼ $130,457
Accounts Payable and Accrued Expenses$25,601$138,739▲ $113,138
Total Liabilities$469,724$452,405▼ $17,319
Net Assets / Fund Balance
Unrestricted Net Assets$319,420$432,067▲ $112,647
Permanently Rstr Net Assets$145,564$138,884▼ $6,680
Total Net Assets Fund Balance$464,984$570,951▲ $105,967
Total Liabilities and Net Assets / Fund Balance$934,708$1,023,356▲ $88,648

Asset Categories

AssetBook ValueDepreciationBasis
Land$247,560-$247,560
Other Land Buildings$15,768$5,764$21,532
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Les ToddPresident
Amy LoughlinBoard Member
Andy CarlsonBoard Member
Brenda PerrinBoard Member
Chad BrownBoard Member
Chris JennessBoard Member
Dan NiemeierBoard Member
Doug EadesBoard Member
Logan PattersonBoard Member
Mark HecoxBoard Member
Rick MonganBoard Member
Willie AllbaughBoard Member
Mike DunnSecretary
Brian FreedTreasurer
Joe SchlengerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$309,512
Program Service Revenue
$0
Investment Income
$7,130
Other Revenue
$-3,442
All Other Contributions
$309,512
Change in Net Assets
$105,967

Audited Revenue Reconciliation

Revenue per Audited Statements
$313,200
Total Revenue per Audited Statements
$313,200
Total Revenue per Form 990
$313,200
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$140,076
Other Expenses$67,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$74,888--$74,888
Other Salaries and Wages$37,198--$37,198
Other Employee Benefits$16,361--$16,361
Advertising$8,747--$8,747
Payroll Taxes$8,735--$8,735
Occupancy$7,518--$7,518
Fees for Services Accounting$6,496--$6,496
All Other Expenses$6,220--$6,220
Conferences and Meetings$5,952--$5,952
Travel$4,964--$4,964
Pension Plan Contributions$2,894--$2,894
Interest$2,293--$2,293
Depreciation Depletion$2,100--$2,100
Other Expenses$2,000--$2,000
Fees for Services Other$1,800--$1,800
Fees for Services Legal$1,500--$1,500
Total Functional Expenses$207,233$0$0$207,233

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$207,233
Total Expenses per Audited Statements$207,233
Total Expenses per Form 990$207,233
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable$313,666
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Board approves and reviews”

Form 990, Page 6, Part VI, Line 12C

“Monthly board meetings review compliance with the written conflict of interest policy.”

Form 990, Page 6, Part VI, Line 19

“Auditor's report is available upon request at the office of cherokee area economic development. Form 990 can be viewed upon request at the business office.”

Filing and Contact Details

Filer

EIN
42-1336335
Phone
7122255739

Signing Officer

Name
Mark Buschkamp
Title
Executive Director
Phone
7122255739
Signed
2014-10-20

Organization Details

Voting Board Members
15
Independent Board Members
15
Employees
4

Preparer

Preparer
Donna R Burkhardt CPA
Phone
7122255755
Raw XML Appendix372 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/BOYAmt025601
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0138739
IRS990/AccountsReceivableGrp/EOYAmt01263
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ECONOMIC DEVELOPMENT OF THE CHEROKEE AREA
IRS990/AdvertisingGrp/ProgramServicesAmt08747
IRS990/AdvertisingGrp/TotalAmt08747
IRS990/AllOtherContributionsAmt0309512
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06220
IRS990/AllOtherExpensesGrp/TotalAmt06220
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10CHEROKEE AREA ECONOMIC DEVELOPMENT
IRS990/BooksInCareOfDetail/PhoneNum07122255739
IRS990/BooksInCareOfDetail/USAddress/AddressLine10418 W CEDAR
IRS990/BooksInCareOfDetail/USAddress/City0CHEROKEE
IRS990/BooksInCareOfDetail/USAddress/State0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCode051012
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0256960
IRS990/CashNonInterestBearingGrp/EOYAmt0366854
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt074888
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt074888
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05952
IRS990/ConferencesMeetingsGrp/TotalAmt05952
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0309512
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07130
IRS990/CYOtherExpensesAmt067157
IRS990/CYOtherRevenueAmt0-3442
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0105967
IRS990/CYSalariesCompEmpBnftPaidAmt0140076
IRS990/CYTotalExpensesAmt0207233
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0313200
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02100
IRS990/DepreciationDepletionGrp/TotalAmt02100
IRS990/Desc0PRODUCE A POSITIVE SUPPORTIVE ATTITUDE FOR ECONOMIC DEVELOPMENT. DEVELOP DATA ON AREA INFORMATION, DEVELOP INDUSTRIAL SITES, DEVELOP TRAINING & EDUCATIONAL PROGRAMS ON ECONOMIC DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt04
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0207233
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06496
IRS990/FeesForServicesAccountingGrp/TotalAmt06496
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt01500
IRS990/FeesForServicesLegalGrp/TotalAmt01500
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01800
IRS990/FeesForServicesOtherGrp/TotalAmt01800
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
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/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0CHAD BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN NIEMEIER
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK HECOX
IRS990/Form990PartVIISectionAGrp/PersonNm4AMY LOUGHLIN
IRS990/Form990PartVIISectionAGrp/PersonNm5RICK MONGAN
IRS990/Form990PartVIISectionAGrp/PersonNm6JOE SCHLENGER
IRS990/Form990PartVIISectionAGrp/PersonNm7LES TODD
IRS990/Form990PartVIISectionAGrp/PersonNm8WILLIE ALLBAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm9LOGAN PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm10BRIAN FREED
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRIS JENNESS
IRS990/Form990PartVIISectionAGrp/PersonNm12ANDY CARLSON
IRS990/Form990PartVIISectionAGrp/PersonNm13DOUG EADES
IRS990/Form990PartVIISectionAGrp/PersonNm14BRENDA PERRIN
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/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
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/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-303
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt050
IRS990/GrossReceiptsAmt0313553
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt015
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt02293
IRS990/InterestGrp/TotalAmt02293
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07433
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07433
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05764
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0271398
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0263328
IRS990/LandBldgEquipCostOrOtherBssAmt0269092
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0353
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ECONOMIC DEVELOPMENT OF THE CHEROKEE AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0464984
IRS990/NetAssetsOrFundBalancesEOYAmt0570951
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-303
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-303
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt07518
IRS990/OccupancyGrp/TotalAmt07518
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt051945
IRS990/OtherAssetsTotalGrp/EOYAmt050913
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016361
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016361
IRS990/OtherExpensesGrp/Desc0MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc1OFFICE SUPPLIES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt010910
IRS990/OtherExpensesGrp/ProgramServicesAmt14616
IRS990/OtherExpensesGrp/ProgramServicesAmt22041
IRS990/OtherExpensesGrp/ProgramServicesAmt32000
IRS990/OtherExpensesGrp/TotalAmt010910
IRS990/OtherExpensesGrp/TotalAmt14616
IRS990/OtherExpensesGrp/TotalAmt22041
IRS990/OtherExpensesGrp/TotalAmt32000
IRS990/OtherLiabilitiesGrp/BOYAmt0444123
IRS990/OtherLiabilitiesGrp/EOYAmt0313666
IRS990/OtherRevenueMiscGrp/Desc0BANQUET
IRS990/OtherRevenueMiscGrp/Desc1CHEROKEE DEVELOPMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0970
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1-4412
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0970
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-4412
IRS990/OtherRevenueTotalAmt0-3442
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt037198
IRS990/OtherSalariesAndWagesGrp/TotalAmt037198
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0142682
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0144806
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt08735
IRS990/PayrollTaxesGrp/TotalAmt08735
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02894
IRS990/PensionPlanContributionsGrp/TotalAmt02894
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0145564
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0138884
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03526
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0560
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0214476
IRS990/PYInvestmentIncomeAmt0-1791
IRS990/PYOtherExpensesAmt057444
IRS990/PYOtherRevenueAmt01515
IRS990/PYRevenuesLessExpensesAmt032069
IRS990/PYSalariesCompEmpBnftPaidAmt0124687
IRS990/PYTotalExpensesAmt0182131
IRS990/PYTotalRevenueAmt0214200
IRS990/ReconcilationRevenueExpnssAmt0105967
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0208197
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0195632
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0207233
IRS990ScheduleD/LandGrp/BookValueAmt0247560
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0247560
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015768
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05764
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt021532
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0313666
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0313200
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0263328
IRS990ScheduleD/TotalExpensesPerForm990Amt0207233
IRS990ScheduleD/TotalLiabilityAmt0313666
IRS990ScheduleD/TotalRevenuePerForm990Amt0313200
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0313200
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0207233
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD APPROVES AND REVIEWS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MONTHLY BOARD MEETINGS REVIEW COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AUDITOR'S REPORT IS AVAILABLE UPON REQUEST AT THE OFFICE OF CHEROKEE AREA ECONOMIC DEVELOPMENT. FORM 990 CAN BE VIEWED UPON REQUEST AT THE BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0934708
IRS990/TotalAssetsEOYAmt01023356
IRS990/TotalAssetsGrp/BOYAmt0934708
IRS990/TotalAssetsGrp/EOYAmt01023356
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0309512
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0207233
IRS990/TotalFunctionalExpensesGrp/TotalAmt0207233
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0469724
IRS990/TotalLiabilitiesEOYAmt0452405
IRS990/TotalLiabilitiesGrp/BOYAmt0469724
IRS990/TotalLiabilitiesGrp/EOYAmt0452405
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0464984
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0570951
IRS990/TotalProgramServiceExpensesAmt0207233
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03688
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0313200
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0934708
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01023356
IRS990/TravelGrp/ProgramServicesAmt04964
IRS990/TravelGrp/TotalAmt04964
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0319420
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0432067
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0CHEROKEEIA.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARK BUSCHKAMP
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07122255739
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine10CHEROKEE AREA ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0CHER
ReturnHeader/Filer/EIN0421336335
ReturnHeader/Filer/PhoneNum07122255739
ReturnHeader/Filer/USAddress/AddressLine10418 W CEDAR
ReturnHeader/Filer/USAddress/City0CHEROKEE
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode051012
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201892306
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BURKHARDT & DAWSON CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10793 NORTH SECOND STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CHEROKEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode051012
ReturnHeader/PreparerPersonGrp/PhoneNum07122255755
ReturnHeader/PreparerPersonGrp/PreparationDt02014-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONNA R BURKHARDT CPA
ReturnHeader/ReturnTs02014-10-22T13:25:10-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,023,356
Liabilities
$452,405
Net assets
$570,951
Revenue
$313,200
Expenses
$207,233
Net income
$105,967
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.02$0.84$0.30$0.26$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.04$0.80$0.31$0.26$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.80$0.05$0.75$0.28$0.20$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.75$0.08$0.66$0.26$0.22$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.13$0.63$0.33$0.22$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.17$0.53$0.24$0.24$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.17$0.53$0.24$0.22$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.70$0.19$0.51$0.24$0.27$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.20$0.54$0.24$0.21$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.22$0.51$0.18$0.22$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.24$0.55$0.19$0.21$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.02$0.45$0.57$0.31$0.21$0.11
2013Summary only. Only limited summary data is available for this year.$0.93$0.47$0.46$0.21$0.18$0.03
2012Summary only. Only limited summary data is available for this year.$0.71$0.27$0.43$0.24$0.17$0.07