Civic Intelligence

Partnership for Economic Growth of Humboldt County

990 • Fiscal year 2022 • EIN 42-1356939

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 15, 2022

Organization Profilewww.ci.humboldt.ia.us
29 5th Street SouthHumboldt, IA 50548

(515) 332-2557

Siviq Scores

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

Liabilities / Assets

88th percentile

0.56x

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

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

4.09x

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

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Net Margin

93rd percentile

35%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

26th percentile

$0

Higher top officer pay than 26% of similar nonprofits.

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

2022 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2022

Asset Growth

45th percentile

0.1%

Faster asset growth than 45% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

47th percentile

6.5%

Faster revenue growth than 47% of similar nonprofits.

2022 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$2,178,983

Up $2,086 (+0.1%) from 2021

Net Assets

Up

$952,492

Up $103,528 (+12%) from 2021

Liabilities

Down

$1,226,491

Down $101,442 (-7.6%) from 2021

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin93rd percentile

Revenue

Up

$300,019

Up $18,391 (+6.5%) from 2021

Expenses

Up

$196,491

Up $14,939 (+8.2%) from 2021

Net Income

Up

$103,528

Up $3,452 (+3.4%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $2,658,420Liabilities 2012: $1,735,217Net Assets 2012: $923,2032012Assets 2013: $2,969,526Liabilities 2013: $1,992,300Net Assets 2013: $977,2262013Assets 2014: $2,828,303Liabilities 2014: $1,945,901Net Assets 2014: $882,4022014Assets 2015: $1,618,082Liabilities 2015: $842,192Net Assets 2015: $775,8902015Assets 2016: $1,525,918Liabilities 2016: $793,051Net Assets 2016: $732,8672016Assets 2017: $1,505,332Liabilities 2017: $779,355Net Assets 2017: $725,9772017Assets 2018: $1,480,199Liabilities 2018: $752,260Net Assets 2018: $727,9392018Assets 2019: $1,118,048Liabilities 2019: $354,462Net Assets 2019: $763,5862019Assets 2020: $1,085,971Liabilities 2020: $337,083Net Assets 2020: $748,8882020Assets 2021: $2,176,897Liabilities 2021: $1,327,933Net Assets 2021: $848,9642021Assets 2022: $2,178,983Liabilities 2022: $1,226,491Net Assets 2022: $952,4922022Assets 2023: $2,183,046Liabilities 2023: $1,122,621Net Assets 2023: $1,060,4252023Assets 2024: $2,152,531Liabilities 2024: $1,048,386Net Assets 2024: $1,104,1452024Assets 2025: $1,959,481Liabilities 2025: $900,084Net Assets 2025: $1,059,3972025

Highlighted filing

2022

Assets$2,178,983
Liabilities$1,226,491
Net Assets$952,492
Open 2022 Filing

Operations Trend

Revenue Growth47th percentile

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

$600K$400K$200K$0-$200KRevenue 2012: $411,826Expenses 2012: $438,579Net Income 2012: -$26,7532012Revenue 2013: $252,709Expenses 2013: $198,686Net Income 2013: $54,0232013Revenue 2014: $255,480Expenses 2014: $196,974Net Income 2014: $58,5062014Revenue 2015: $31,773Expenses 2015: $138,285Net Income 2015: -$106,5122015Revenue 2016: $152,679Expenses 2016: $195,702Net Income 2016: -$43,0232016Revenue 2017: $144,261Expenses 2017: $151,151Net Income 2017: -$6,8902017Revenue 2018: $174,009Expenses 2018: $172,047Net Income 2018: $1,9622018Revenue 2019: $311,495Expenses 2019: $275,848Net Income 2019: $35,6472019Revenue 2020: $161,222Expenses 2020: $175,920Net Income 2020: -$14,6982020Revenue 2021: $281,628Expenses 2021: $181,552Net Income 2021: $100,0762021Revenue 2022: $300,019Expenses 2022: $196,491Net Income 2022: $103,5282022Revenue 2023: $271,779Expenses 2023: $163,846Net Income 2023: $107,9332023Revenue 2024: $214,803Expenses 2024: $171,083Net Income 2024: $43,7202024Revenue 2025: $224,870Expenses 2025: $261,163Net Income 2025: -$36,2932025

Highlighted filing

2022

Revenue$300,019
Expenses$196,491
Net Income$103,528
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$300,019
Mission and Program Overview

Mission

Develop Business and Industry in the Humboldt County Area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,299,561$1,299,561→ $0
Other Notes and Loans Receivable, Net$462,639$494,264▲ $31,625
Cash and Non-Interest-Bearing Accounts$193,442$216,456▲ $23,014
Savings and Temporary Cash Investments$203,661$150,977▼ $52,684
Prepaid Expenses and Deferred Charges$17,594$17,724▲ $130
Accounts Receivable-$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$2,176,897$2,178,983▲ $2,086
Other Assets Total-$1-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,016,339$949,781▼ $66,558
Deferred Revenue$298,193$260,457▼ $37,736
Accounts Payable and Accrued Expenses$13,401$16,253▲ $2,852
Total Liabilities$1,327,933$1,226,491▼ $101,442
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$848,964$952,492▲ $103,528
Total Net Assets Fund Balance$848,964$952,492▲ $103,528
Total Liabilities and Net Assets / Fund Balance$2,176,897$2,178,983▲ $2,086

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,524$1,524
Land$1,299,561--
Compensation and Service Providers
Top Officer Pay26th percentile

Board Members and Trustees

NameTitle
Doug BertePresident
Jennifer HansenVice President
Brittany DickeyDirector
Dan DixDirector
Dan SchollDirector
David BoswellDirector
Joel ArmitageDirector
Kara BoyleDirector
Michelle SleiterDirector
Molly VarangkounhDirector
Rick PedersenDirector
Alissa O'ConnorExecutive Director
Travis GoedkenSecretary
Jim MurrayTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$253,901
Program Service Revenue
$46,118
Investment Income
$0
Other Revenue
$0
All Other Contributions
$52,451
Change in Net Assets
$103,528

Audited Revenue Reconciliation

Revenue per Audited Statements
$300,019
Total Revenue per Audited Statements
$300,019
Total Revenue per Form 990
$300,019
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$118,782
Other Expenses$77,709
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---$77,391
Interest---$40,709
Other Salaries and Wages---$16,395
Pension Plan Contributions---$8,804
Other Employee Benefits---$8,679
Fees for Services Accounting---$7,855
Payroll Taxes---$7,513
Fees for Services Legal---$4,251
Other Expenses---$3,882
Insurance---$2,605
Office Expenses---$2,527
Information Technology---$1,406
Conferences and Meetings---$1,175
Advertising---$1,067
Travel---$668
Occupancy---$165
Total Functional Expenses$0$0$0$196,491

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$196,491
Total Expenses per Audited Statements$196,491
Total Expenses per Form 990$196,491
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“The 990 was reviewed at a monthly Board of Directors meeting.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Document are available upon request.”

Filing and Contact Details

Filer

Filer Name
Humboldt County Development Assoc Inc
EIN
42-1356939
Phone
5153322557
Address
29 5th Street South, Humboldt, IA 50548

Signing Officer

Name
Alissa O'Connor
Title
Executive Director
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alissa O'Connor
Formed
1997
Legal Domicile
Ia
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Tp Anderson & Company Pc Cpas
Address
528 Sumner Avenue, HUMBOLDT, IA 50548
Preparer
Timothy L McCartan
Phone
5153323466
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“HCDA is exempt from income taxes on income related to its exempt purpose under Section 50l(c)(6) of the Internal Revenue Code.Management has evaluated HCDAs tax positions and determined that there are no uncertain tax positions that require disclosure or adjustment to the financial statements to comply with the provisions of accounting guidance for income taxes. The Organization files its income tax returns in the U.S. federal jurisdiction. The Organizations returns for the years ended June 30, 2019, 2020, 2021 and 2022 remain open to IRS examination as of the date the financial statements were issued. The statute of limitations for federal returns is generally three years and none of the Organizations returns during that time have been audited. Management continues to monitor changes in the tax law and new authoritative rulings for possible effects on the Organization.”

Raw XML AppendixShowing 400 of 444 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/BOYAmt013401
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt016253
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Develop Business and Industry in the Humboldt County Area.
IRS990/AdvertisingGrp/TotalAmt01067
IRS990/AllOtherContributionsAmt052451
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Alissa O'Connor
IRS990/BooksInCareOfDetail/PhoneNum05153322557
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt029 5th Street S
IRS990/BooksInCareOfDetail/USAddress/CityNm0Humboldt
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050548
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0193442
IRS990/CashNonInterestBearingGrp/EOYAmt0216456
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt077391
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt01175
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0253901
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt077709
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt046118
IRS990/CYRevenuesLessExpensesAmt0103528
IRS990/CYSalariesCompEmpBnftPaidAmt0118782
IRS990/CYTotalExpensesAmt0196491
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0300019
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0298193
IRS990/DeferredRevenueGrp/EOYAmt0260457
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0Develope and promote business and industry in the Humboldt County area.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt07855
IRS990/FeesForServicesLegalGrp/TotalAmt04251
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/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/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
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/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/PersonNm0David Boswell
IRS990/Form990PartVIISectionAGrp/PersonNm1Doug Berte
IRS990/Form990PartVIISectionAGrp/PersonNm2Jim Murray
IRS990/Form990PartVIISectionAGrp/PersonNm3Joel Armitage
IRS990/Form990PartVIISectionAGrp/PersonNm4Brittany Dickey
IRS990/Form990PartVIISectionAGrp/PersonNm5Dan Scholl
IRS990/Form990PartVIISectionAGrp/PersonNm6Travis Goedken
IRS990/Form990PartVIISectionAGrp/PersonNm7Michelle Sleiter
IRS990/Form990PartVIISectionAGrp/PersonNm8Molly Varangkounh
IRS990/Form990PartVIISectionAGrp/PersonNm9Rick Pedersen
IRS990/Form990PartVIISectionAGrp/PersonNm10Kara Boyle
IRS990/Form990PartVIISectionAGrp/PersonNm11Dan Dix
IRS990/Form990PartVIISectionAGrp/PersonNm12Jennifer Hansen
IRS990/Form990PartVIISectionAGrp/PersonNm13Alissa O'Connor
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/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/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt13Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0150500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0300019
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt01406
IRS990/InsuranceGrp/TotalAmt02605
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt040709
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01524
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01299561
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01299561
IRS990/LandBldgEquipCostOrOtherBssAmt01301085
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Develop Business and Industry in the Humboldt County Area.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01016339
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0949781
IRS990/NetAssetsOrFundBalancesBOYAmt0848964
IRS990/NetAssetsOrFundBalancesEOYAmt0952492
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0848964
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0952492
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0165
IRS990/OfficeExpensesGrp/TotalAmt02527
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt01
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08679
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1Membership and dues
IRS990/OtherExpensesGrp/Desc2Contract Services
IRS990/OtherExpensesGrp/TotalAmt05793
IRS990/OtherExpensesGrp/TotalAmt15606
IRS990/OtherExpensesGrp/TotalAmt23882
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt016395
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0462639
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0494264
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt07513
IRS990/PensionPlanContributionsGrp/TotalAmt08804
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017594
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017724
IRS990/PrincipalOfficerNm0Alissa O'Connor
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Interest on notes
IRS990/ProgramServiceRevenueGrp/Desc1Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011096
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135022
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011096
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135022
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0212405
IRS990/PYInvestmentIncomeAmt010285
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt049206
IRS990/PYProgramServiceRevenueAmt058938
IRS990/PYRevenuesLessExpensesAmt0100076
IRS990/PYSalariesCompEmpBnftPaidAmt0132346
IRS990/PYTotalExpensesAmt0181552
IRS990/PYTotalRevenueAmt0281628
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0103528
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt050950
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0203661
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0150977
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01524
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01524
IRS990ScheduleD/ExpensesSubtotalAmt0196491
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01299561
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01299561
IRS990ScheduleD/RevenueSubtotalAmt0300019
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HCDA is exempt from income taxes on income related to its exempt purpose under Section 50l(c)(6) of the Internal Revenue Code.Management has evaluated HCDAs tax positions and determined that there are no uncertain tax positions that require disclosure or adjustment to the financial statements to comply with the provisions of accounting guidance for income taxes. The Organization files its income tax returns in the U.S. federal jurisdiction. The Organizations returns for the years ended June 30, 2019, 2020, 2021 and 2022 remain open to IRS examination as of the date the financial statements were issued. The statute of limitations for federal returns is generally three years and none of the Organizations returns during that time have been audited. Management continues to monitor changes in the tax law and new authoritative rulings for possible effects on the Organization.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01299561
IRS990ScheduleD/TotalExpensesPerForm990Amt0196491
IRS990ScheduleD/TotalRevenuePerForm990Amt0300019
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0300019
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0196491
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 was reviewed at a monthly Board of Directors meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Document are available 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
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0City of Humboldt
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0426004781
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Local Government
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt029 5th Street S
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Humboldt
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd050548
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02176897
IRS990/TotalAssetsEOYAmt02178983
IRS990/TotalAssetsGrp/BOYAmt02176897
IRS990/TotalAssetsGrp/EOYAmt02178983
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0253901
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0196491
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01327933
IRS990/TotalLiabilitiesEOYAmt01226491
IRS990/TotalLiabilitiesGrp/BOYAmt01327933
IRS990/TotalLiabilitiesGrp/EOYAmt01226491
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0848964
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0952492
IRS990/TotalProgramServiceRevenueAmt046118
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt046118
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0300019
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02176897
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02178983

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,178,983
Liabilities
$1,226,491
Net assets
$952,492
Revenue
$300,019
Expenses
$196,491
Net income
$103,528
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.96$0.90$1.06$0.22$0.26$0.04
2024Detailed filing. Detailed filing data is available for this year.$2.15$1.05$1.10$0.21$0.17$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.18$1.12$1.06$0.27$0.16$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.18$1.23$0.95$0.30$0.20$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.18$1.33$0.85$0.28$0.18$0.10
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.34$0.75$0.16$0.18$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.35$0.76$0.31$0.28$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.48$0.75$0.73$0.17$0.17$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.51$0.78$0.73$0.14$0.15$0.01
2016Summary only. Only limited summary data is available for this year.$1.53$0.79$0.73$0.15$0.20$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.62$0.84$0.78$0.03$0.14$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.83$1.95$0.88$0.26$0.20$0.06
2013Summary only. Only limited summary data is available for this year.$2.97$1.99$0.98$0.25$0.20$0.05
2012Summary only. Only limited summary data is available for this year.$2.66$1.74$0.92$0.41$0.44$0.03