Civic Intelligence

Webster City Area Abi Inc

EIN 42-1378078 • 501(c)6 • Webster City, IA

Profile

Promote economic development in webster city, iowa, and hamilton county, iowa

PO Box 310Webster City, IA 50595

n/A

Siviq Scores

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

Liabilities / Assets

55th percentile

0.01x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

60th percentile

0.01x

Higher debt load relative to revenue than 60% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

63rd percentile

7.2%

Higher net margin than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

50th percentile

-0.9%

Faster asset growth than 50% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

63rd percentile

8.4%

Faster revenue growth than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2025

Assets

Up

$409,945

Up $12,210 (+3.1%) from 2024

Liabilities

Down

$2,195

Down $678 (-24%) from 2024

Net Assets

Up

$407,750

Up $12,888 (+3.3%) from 2024

Revenue

Up

$179,963

Up $22,206 (+14%) from 2024

Expenses

Down

$167,075

Down $10,989 (-6.2%) from 2024

Net Income

Up

$12,888

Up $33,195 (+163%) from 2024

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $408,670Liabilities 2010: $9,501Net Assets 2010: $399,1692010Assets 2011: $495,988Liabilities 2011: $2,751Net Assets 2011: $493,2372011Assets 2012: $503,402Liabilities 2012: $5,220Net Assets 2012: $498,1822012Assets 2020: $462,827Liabilities 2020: $46,825Net Assets 2020: $416,0022020Assets 2021: $425,823Liabilities 2021: $43,132Net Assets 2021: $382,6912021Assets 2022: $486,095Liabilities 2022: $1,340Net Assets 2022: $484,7552022Assets 2023: $417,016Liabilities 2023: $1,847Net Assets 2023: $415,1692023Assets 2024: $397,735Liabilities 2024: $2,873Net Assets 2024: $394,8622024Assets 2025: $409,945Liabilities 2025: $2,195Net Assets 2025: $407,7502025

Highlighted filing

2025

Assets$409,945
Liabilities$2,195
Net Assets$407,750

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $210,5362010Revenue 2011: $241,033Expenses 2011: $146,965Net Income 2011: $94,0682011Expenses 2012: $154,7832012Revenue 2020: $139,202Expenses 2020: $118,050Net Income 2020: $21,1522020Revenue 2021: $112,557Expenses 2021: $125,297Net Income 2021: -$12,7402021Revenue 2022: $196,634Expenses 2022: $150,262Net Income 2022: $46,3722022Revenue 2023: $153,032Expenses 2023: $154,279Net Income 2023: -$1,2472023Revenue 2024: $157,757Expenses 2024: $178,064Net Income 2024: -$20,3072024Revenue 2025: $179,963Expenses 2025: $167,075Net Income 2025: $12,8882025

Highlighted filing

2025

Revenue$179,963
Expenses$167,075
Net Income$12,888

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 17, 2026
Return Version
2025v4.0
Gross Receipts
$222,933
Mission and Program Overview

Mission

Promote economic development in webster city, iowa, and hamilton county, iowa

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$394,862$407,750▲ $12,888
Savings and Temporary Cash Investments$236,880$229,668▼ $7,212
Land, Buildings, and Equipment, Net$134,366$129,347▼ $5,019
Other Notes and Loans Receivable, Net$23,996$36,323▲ $12,327
Cash and Non-Interest-Bearing Accounts$2,493$14,606▲ $12,113
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$397,735$409,945▲ $12,210
Other Assets Total-$1-
Liabilities
Accounts Payable and Accrued Expenses$2,873$2,195▼ $678
Total Liabilities$2,873$2,195▼ $678
Net Assets / Fund Balance
Total Net Assets Fund Balance$394,862$407,750▲ $12,888
Total Liabilities and Net Assets / Fund Balance$397,735$409,945▲ $12,210

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$102,489$3,511$106,000
Leasehold Improvements$26,858$22,152$49,010
Equipment-$35,404$35,404
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark FergusonPresident
Ryan WilliamsVice President
Jeff MacRunnelDirector
Jill BurtnettDirector
Ketta Lubberstedt-ArjesDirector
Monica HabermanDirector
Ottie MaxeyDirector
Anna WoodwardProgram Director
John HarrensteinSecretary
Jamie GriffithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$131,707
Program Service Revenue
$425
Investment Income
$4,694
Other Revenue
$43,137
All Other Contributions
$53
Change in Net Assets
$12,888
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$88,545
Other Expenses$78,530
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$52,046--$52,046
Other Salaries and Wages$29,151--$29,151
Insurance$16,401--$16,401
Office Expenses$12,669--$12,669
Fees for Services Accounting$12,610--$12,610
Occupancy$12,238--$12,238
Payroll Taxes$7,348--$7,348
Depreciation Depletion$5,019--$5,019
All Other Expenses$4,575--$4,575
Advertising$2,018--$2,018
Other Expenses$1,895--$1,895
Total Functional Expenses$167,075$0$0$167,075
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$85,602
Fundraising Direct Expenses$42,970
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Market Nights$22,662$22,662$12,183$10,479
Junquefest$13,396$13,396$6,418$6,978
Total Events$72,883$72,883$37,040$35,843
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
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 6

The organization is supported by voluntary membership of local businesses and individuals. Those members are assessed annual membership dues.

Form 990, Part VI, Section B, Line 11B

Form 990 is provided to the officers of the organization prior to filing and the officers are then responsible to provide a copy to the governing board of directors. Any questions or issues from the officers or governing board of directors regarding the form 990 are then addressed to the tax return preparer and responded to accordingly.

Form 990, Part VI, Section B, Line 12C

Compliance issues are addressed and reviewed annually in the process of an annual performance review of the key employess (program directors).

Form 990, Part VI, Section B, Line 15A

Compensation of the key employees is determined and reviewed by the governing board of directors on an annual basis. The documentation of these decisions are recorded in the regular meeting minutes of the governing board. Decisions are made based on performance and comparability to similar organizations in the surrounding areas.

Form 990, Part VI, Section B, Line 15B

Same as explanation for question 15a, part vi

Form 990, Part VI, Section C, Line 19

All governing documents, policies, and financial statements are available for public review upon request at the organization's office in webster city, iowa.

Filing and Contact Details

Filer

Filer Name
Webster City Area ABI Inc
EIN
42-1378078
Phone
5158322564
Address
PO Box 310, Webster City, IA 50595

Signing Officer

Name
Ryan Williams
Title
Vice President
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Ferguson
Formed
1980
Legal Domicile
Ia
Voting Board Members
9
Independent Board Members
9
Employees
3

Preparer

Firm
Tp Anderson & Company Pc Cpas
Address
528 Sumner Avenue, HUMBOLDT, IA 50548
Preparer
Aaron Olson
Phone
5153323466
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Mark Ferguson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0Interest-Econ Dev Loans
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0425
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0425
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0122535
IRS990/PYInvestmentIncomeAmt09593
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt078523
IRS990/PYOtherRevenueAmt024987
IRS990/PYProgramServiceRevenueAmt0642
IRS990/PYRevenuesLessExpensesAmt0-20307
IRS990/PYSalariesCompEmpBnftPaidAmt099541
IRS990/PYTotalExpensesAmt0178064
IRS990/PYTotalRevenueAmt0157757
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt012888
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0394862
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0407750
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0236880
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0229668
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0102489
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03511
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0106000
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035404
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035404
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt026858
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022152
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt049010
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0129347
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037040
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Market Nights
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Junquefest
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt013396
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt036825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt072883
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022662
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt013396
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt036825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt072883
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035843
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt018439
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt037040
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012183
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06418
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS SUPPORTED BY VOLUNTARY MEMBERSHIP OF LOCAL BUSINESSES AND INDIVIDUALS. THOSE MEMBERS ARE ASSESSED ANNUAL MEMBERSHIP DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO THE OFFICERS OF THE ORGANIZATION PRIOR TO FILING AND THE OFFICERS ARE THEN RESPONSIBLE TO PROVIDE A COPY TO THE GOVERNING BOARD OF DIRECTORS. ANY QUESTIONS OR ISSUES FROM THE OFFICERS OR GOVERNING BOARD OF DIRECTORS REGARDING THE FORM 990 ARE THEN ADDRESSED TO THE TAX RETURN PREPARER AND RESPONDED TO ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE ISSUES ARE ADDRESSED AND REVIEWED ANNUALLY IN THE PROCESS OF AN ANNUAL PERFORMANCE REVIEW OF THE KEY EMPLOYESS (PROGRAM DIRECTORS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF THE KEY EMPLOYEES IS DETERMINED AND REVIEWED BY THE GOVERNING BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE DOCUMENTATION OF THESE DECISIONS ARE RECORDED IN THE REGULAR MEETING MINUTES OF THE GOVERNING BOARD. DECISIONS ARE MADE BASED ON PERFORMANCE AND COMPARABILITY TO SIMILAR ORGANIZATIONS IN THE SURROUNDING AREAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SAME AS EXPLANATION FOR QUESTION 15A, PART VI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC REVIEW UPON REQUEST AT THE ORGANIZATION'S OFFICE IN WEBSTER CITY, IOWA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0397735
IRS990/TotalAssetsEOYAmt0409945
IRS990/TotalAssetsGrp/BOYAmt0397735
IRS990/TotalAssetsGrp/EOYAmt0409945
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0131707
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0167075
IRS990/TotalFunctionalExpensesGrp/TotalAmt0167075
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02873
IRS990/TotalLiabilitiesEOYAmt02195
IRS990/TotalLiabilitiesGrp/BOYAmt02873
IRS990/TotalLiabilitiesGrp/EOYAmt02195
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0394862
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0407750
IRS990/TotalProgramServiceExpensesAmt0166552
IRS990/TotalProgramServiceRevenueAmt0425
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05624
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0179963
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0397735
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0409945
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 310
IRS990/USAddress/CityNm0Webster City
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050595
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Ryan Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-02-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Webster City Area ABI Inc
ReturnHeader/Filer/BusinessNameControlTxt0WEBS
ReturnHeader/Filer/EIN0421378078
ReturnHeader/Filer/PhoneNum05158322564
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 310
ReturnHeader/Filer/USAddress/CityNm0Webster City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA

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