Civic Intelligence

Shell Rock Development Corporation

EIN 42-1399273 • 501(c)3 • Shell Rock, IA

Profile

Community economic development

PO Box 430Shell Rock, IA 50670

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

13th percentile

-60%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

50th percentile

-2.0%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

51st percentile

-1.7%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$215,127

Down $4,501 (-2.0%) from 2014

Liabilities

Flat

$0

Flat from 2014

Net Assets

$215,127

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin13th percentile

Revenue

Down

$7,497

Down $133 (-1.7%) from 2014

Expenses

Down

$11,998

Down $16,121 (-57%) from 2014

Net Income

Up

-$4,501

Up $15,988 (+78%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$400K$300K$200K$100K$0Assets 2011: $314,892Liabilities 2011: $02011Assets 2012: $319,121Liabilities 2012: $02012Assets 2013: $240,117Liabilities 2013: $02013Assets 2014: $219,628Liabilities 2014: $02014Assets 2015: $215,127Liabilities 2015: $0Net Assets 2015: $215,1272015

Highlighted filing

2015

Assets$215,127
Liabilities$0
Net Assets$215,127
Open 2015 Filing

Operations Trend

Revenue Growth51st percentile

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

$200K$100K$0-$100KRevenue 2011: $9,171Expenses 2011: $3,800Net Income 2011: $5,3712011Revenue 2012: $8,232Expenses 2012: $4,003Net Income 2012: $4,2292012Revenue 2013: $50,286Expenses 2013: $129,290Net Income 2013: -$79,0042013Revenue 2014: $7,630Expenses 2014: $28,119Net Income 2014: -$20,4892014Revenue 2015: $7,497Expenses 2015: $11,998Net Income 2015: -$4,5012015

Highlighted filing

2015

Revenue$7,497
Expenses$11,998
Net Income-$4,501
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$215,127
Liabilities
$0
Net assets
$215,127
Revenue
$7,497
Expenses
$11,998
Net income
-$4,501
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$0.07$0.12$0.05
2014Summary only. Only limited summary data is available for this year.$2.20$0.00$0.08$0.28$0.20
2013Summary only. Only limited summary data is available for this year.$2.40$0.00$0.50$1.29$0.79
2012Summary only. Only limited summary data is available for this year.$3.19$0.00$0.08$0.04$0.04
2011Summary only. Only limited summary data is available for this year.$3.15$0.00$0.09$0.04$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 7, 2016
Return Version
2015v2.1
Gross Receipts
$7,497
Mission and Program Overview

Mission

Community economic development

Program Services

DescriptionGrantsExpenses
ASSISTED IN THE ECONOMIC AND RECREATIONAL DEVELOPMENT OF THE CITY OF SHELL ROCK, IOWA. SHELL ROCK DEVELOPMENT CORPORATION HELD TOWN MEETINGS FOR CITIZENS TO DETERMINE THE DIRECTION OF FUTURE TOWN DEVELOPMENT. THEY ALSO WORKED ON A PARK RENOVATION PROJECT FOR THE CITY OF SHELL ROCK.$10,000$11,998
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DUANE HARMSPresident-$0--
LIBBY BINGHAM ZELLEVice-Preside-$0--
KIM SMITHSecretary-$0--
JOHN WINTERTreasurer-$0--
LARRY YOUNGDirector-$0--
DONNA BUSCHDirector-$0--
JAMES HEGGDirector-$0--
MIKE TELLINGHUSENDirector-$0--
BARB RENNINGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Shell Rock Development Corporation
EIN
42-1399273
Phone
3198856555
Address
PO BOX 430, SHELL ROCK, IA 50670

Signing Officer

Name
Duane Harms
Title
President
Phone
3198856555
Signed
2016-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Gosling & Company Pc
Address
217 N FRANKLIN ST, MANCHESTER, IA 52057-1538
Preparer
Robert H Neuhaus
Phone
5639274810
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“City of shell rock 303 s cherry st shell rock, ia 50670 10,000 0 0”

Form 990-ez, Part I, Line 16

“Expenses miscellaneous 1,069 total 1,069”

Form 990-ez, Part III, Line 28

“Assisted in the economic and recreational development of the city of shell rock, iowa. Shell rock development corporation held town meetings for citizens to determine the direction of future town development. They also worked on a park renovation project for the city of shell rock.”

Raw XML Appendix152 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/PhoneNum03198854756
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SHELL ROCK
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd050670
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0172128
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DUANE HARMS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JAMES HEGG
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BARB RENNING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01069
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMMUNITY ECONOMIC DEVELOPMENT
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt011998
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt011998
IRS990EZ/TotalProgramServiceExpensesAmt011998
IRS990EZ/TotalRevenueAmt07497
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt01. THE ORGANIZATION IN ITS EARLY YEARS OF EXISTENCE SOLICITED DONATIONS IN AN AMOUNT SUFFICIENT TO ENABLE IT TO COMMENCE ITS CHARITABLE ACTIVITIES. 2. THE MAJORITY OF INVESTMENT INCOME IS RELATING TO DONATED STOCK THAT WAS RECEIVED IN THE EARLY YEARS OF EXISTENCE. 3. THE ORGANIZATION HAS A GOVERNING BODY WHICH REPRESENTS THE BROAD INTERESTS OF THE PUBLIC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 17B
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0265
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08482
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0265
IRS990ScheduleA/TotalSupportAmt039037
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0435
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0689
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt01124
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CITY OF SHELL ROCK 303 S CHERRY ST SHELL ROCK, IA 50670 10,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES MISCELLANEOUS 1,069 TOTAL 1,069
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ASSISTED IN THE ECONOMIC AND RECREATIONAL DEVELOPMENT OF THE CITY OF SHELL ROCK, IOWA. SHELL ROCK DEVELOPMENT CORPORATION HELD TOWN MEETINGS FOR CITIZENS TO DETERMINE THE DIRECTION OF FUTURE TOWN DEVELOPMENT. THEY ALSO WORKED ON A PARK RENOVATION PROJECT FOR THE CITY OF SHELL ROCK.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DUANE HARMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03198856555
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHELL ROCK DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SHEL
ReturnHeader/Filer/EIN0421399273
ReturnHeader/Filer/PhoneNum03198856555
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 430
ReturnHeader/Filer/USAddress/CityNm0SHELL ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050670
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421277818
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GOSLING & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0217 N FRANKLIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANCHESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0520571538
ReturnHeader/PreparerPersonGrp/PhoneNum05639274810
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT H NEUHAUS
ReturnHeader/ReturnTs02016-11-15T08:43:50-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits