Civic Intelligence

Stanwood Economic Development Corporation

990EZ • Fiscal year 2016 • EIN 42-1441583

May 01, 2015 to Apr 30, 2016 • Filed on Jun 20, 2016

PO Box 62Stanwood, IA 52337

(563) 942-3364

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

57th percentile

0.00x

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-14258%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

14th percentile

-23%

Faster asset growth than 14% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-36%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$84,035

Down $25,094 (-23%) from 2015

Net Assets

$84,035

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$176

Down $97 (-36%) from 2015

Expenses

Up

$25,270

Up $22,792 (+920%) from 2015

Net Income

Down

-$25,094

Down $22,889 (-1038%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2012: $150,961Liabilities 2012: $02012Assets 2013: $111,279Liabilities 2013: $02013Assets 2014: $111,334Liabilities 2014: $02014Assets 2015: $109,129Liabilities 2015: $02015Assets 2016: $84,035Liabilities 2016: $0Net Assets 2016: $84,0352016Assets 2017: $68,198Liabilities 2017: $0Net Assets 2017: $68,1982017Assets 2018: $68,076Liabilities 2018: $0Net Assets 2018: $68,0762018Assets 2019: $68,022Liabilities 2019: $0Net Assets 2019: $68,0222019Assets 2020: $52,860Liabilities 2020: $0Net Assets 2020: $52,8602020Assets 2021: $52,714Liabilities 2021: $0Net Assets 2021: $52,7142021Assets 2022: $52,546Liabilities 2022: $0Net Assets 2022: $52,5462022Assets 2023: $52,381Liabilities 2023: $0Net Assets 2023: $52,3812023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2016

Assets$84,035
Liabilities$0
Net Assets$84,035

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $1,468Expenses 2012: $2,299Net Income 2012: -$8312012Revenue 2013: $572Expenses 2013: $40,255Net Income 2013: -$39,6832013Revenue 2014: $358Expenses 2014: $303Net Income 2014: $552014Revenue 2015: $273Expenses 2015: $2,478Net Income 2015: -$2,2052015Revenue 2016: $176Expenses 2016: $25,270Net Income 2016: -$25,0942016Revenue 2017: $153Expenses 2017: $15,990Net Income 2017: -$15,8372017Revenue 2018: $148Expenses 2018: $270Net Income 2018: -$1222018Revenue 2019: $215Expenses 2019: $270Net Income 2019: -$552019Revenue 2020: $108Expenses 2020: $15,270Net Income 2020: -$15,1622020Revenue 2021: $124Expenses 2021: $270Net Income 2021: -$1462021Revenue 2022: $114Expenses 2022: $282Net Income 2022: -$1682022Revenue 2023: $114Expenses 2023: $280Net Income 2023: -$1662023Expenses 2024: $52,3802024

Highlighted filing

2016

Revenue$176
Expenses$25,270
Net Income-$25,094
Jump To
Filing Snapshot
Filing Period
May 1, 2015 to Apr 30, 2016
Signed
Jun 20, 2016
Return Version
2015v2.1
Gross Receipts
$176
Mission and Program Overview

Mission

Provide to the community of stanwood, ia an economic climate that will bring growth and an increased tax base to the community.

Program Services

DescriptionGrantsExpenses
PROVIDE TO THE COMMUNITY OF STANWOOD, IOWA AN ECONOMIC CLIMATE THAT WILL BRING GROWTH AND AN INCREASED TAX BASE TO THE COMMUNITY.$25,000$25,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ED ANDREWSPresident-$0--
AL ROBINSONDirector-$0--
SUSAN THUMMASecretary-Tr-$0--
DUANE AMUNDSONDirector-$0--
WAYNE BROWNDirector-$0--
SHIRLEY GIBBDirector-$0--
RAY LINDERVice Preside-$0--
WENDELL WANEKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Stanwood Economic Development
EIN
42-1441583
Phone
5639423364
Address
PO BOX 62, STANWOOD, IA 52337

Signing Officer

Name
Susan Thumma
Title
Secretary-treasurer
Phone
5639423364
Signed
2016-06-20
Discuss with paid preparer
Yes

Preparer

Firm
Ds Webb & Company Pc
Address
46 SPRUCE ST STE 3 / BOX 70, TIPTON, IA 52772
Preparer
Duane S Webb
Phone
5638863006
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

American legion post 348 207 e broadway street stanwood, ia 52337 25,000 0 0

Form 990-ez, Part II, Line 24

Community business loan 15,000 15,000 total 15,000 15,000

Form 990-ez, Part III

Provide to the community of stanwood, ia an economic climate that will bring growth and an increased tax base to the community.

Raw XML Appendix121 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0SUSAN THUMMA
IRS990EZ/BooksInCareOfDetail/PhoneNum05632494454
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0310 SUNSET DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0STANWOOD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd052337
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt087462
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt062368
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-25094
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0270
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0109129
IRS990EZ/Form990TotalAssetsGrp/EOYAmt084035
IRS990EZ/GrantsAndSimilarAmountsPaidAmt025000
IRS990EZ/GrossReceiptsAmt0176
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0176
IRS990EZ/LandAndBuildingsGrp/BOYAmt06667
IRS990EZ/LandAndBuildingsGrp/EOYAmt06667
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0109129
IRS990EZ/NetAssetsOrFundBalancesEOYAmt084035
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0109129
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt084035
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ED ANDREWS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1AL ROBINSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUSAN THUMMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DUANE AMUNDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WAYNE BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SHIRLEY GIBB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6RAY LINDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7WENDELL WANEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY-TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt015000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt015000
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE TO THE COMMUNITY OF STANWOOD, IA AN ECONOMIC CLIMATE THAT WILL BRING GROWTH AND AN INCREASED TAX BASE TO THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE TO THE COMMUNITY OF STANWOOD, IOWA AN ECONOMIC CLIMATE THAT WILL BRING GROWTH AND AN INCREASED TAX BASE TO THE COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt025000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt025000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025270
IRS990EZ/TotalProgramServiceExpensesAmt025000
IRS990EZ/TotalRevenueAmt0176
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AMERICAN LEGION POST 348 207 E BROADWAY STREET STANWOOD, IA 52337 25,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMMUNITY BUSINESS LOAN 15,000 15,000 TOTAL 15,000 15,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROVIDE TO THE COMMUNITY OF STANWOOD, IA AN ECONOMIC CLIMATE THAT WILL BRING GROWTH AND AN INCREASED TAX BASE TO THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN THUMMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY-TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05639423364
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STANWOOD ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0STAN
ReturnHeader/Filer/EIN0421441583
ReturnHeader/Filer/PhoneNum05639423364
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 62
ReturnHeader/Filer/USAddress/CityNm0STANWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052337
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260521467
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DS WEBB & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt046 SPRUCE ST STE 3 / BOX 70
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TIPTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052772
ReturnHeader/PreparerPersonGrp/PhoneNum05638863006
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DUANE S WEBB
ReturnHeader/ReturnTs02016-06-20T13:20:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-05-01
ReturnHeader/TaxPeriodEndDt02016-04-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)4 • <$500k nonprofits