Civic Intelligence

Stanwood Economic Development Corporation

990EZ • Fiscal year 2023 • EIN 42-1441583

May 01, 2022 to Apr 30, 2023 • Filed on Jun 27, 2023

Organization ProfileN/A
310 Sunset DrStanwood, IA 52337

(563) 942-3364

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.00x

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Net Margin

4th percentile

-146%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

46th percentile

-0.3%

Faster asset growth than 46% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

43rd percentile

0.0%

Faster revenue growth than 43% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$52,381

Down $165 (-0.3%) from 2022

Net Assets

Down

$52,381

Down $165 (-0.3%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin4th percentile

Revenue

Flat

$114

Flat from 2022

Expenses

Down

$280

Down $2 (-0.7%) from 2022

Net Income

Up

-$166

Up $2 (+1.2%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

2023

Assets$52,381
Liabilities$0
Net Assets$52,381
Open 2023 Filing

Operations Trend

Revenue Growth43rd percentile

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

2023

Revenue$114
Expenses$280
Net Income-$166
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Jun 27, 2023
Return Version
2022v5.0
Gross Receipts
$114
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.--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ED ANDREWSPresident-$0--
RAY LINDERVice Preside-$0--
SUSAN THUMMASecretary-Tr-$0--
WAYNE BROWNDirector-$0--
WENDELL WANEKDirector-$0--
Filing and Contact Details

Filer

Filer Name
Stanwood Economic Development
EIN
42-1441583
Phone
5639423364
Address
310 SUNSET DR, STANWOOD, IA 52337

Signing Officer

Name
Susan Thumma
Title
Secretary-treasurer
Phone
5639423364
Signed
2023-06-27
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 CPA
Phone
5638863006
Supplemental Narrative

Additional Explanations

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 Appendix100 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/BOYAmt045880
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt045714
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-166
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0280
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt052547
IRS990EZ/Form990TotalAssetsGrp/EOYAmt052381
IRS990EZ/GrossReceiptsAmt0114
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InvestmentIncomeAmt0114
IRS990EZ/LandAndBuildingsGrp/BOYAmt06667
IRS990EZ/LandAndBuildingsGrp/EOYAmt06667
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt052547
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052381
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt052547
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt052381
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ED ANDREWS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RAY LINDER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2SUSAN THUMMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WAYNE BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WENDELL WANEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY-TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0280
IRS990EZ/TotalRevenueAmt0114
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE 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 III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SUSAN THUMMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY-TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05639423364
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STANWOOD ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0STAN
ReturnHeader/Filer/EIN0421441583
ReturnHeader/Filer/PhoneNum05639423364
ReturnHeader/Filer/USAddress/AddressLine1Txt0310 SUNSET DR
ReturnHeader/Filer/USAddress/CityNm0STANWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052337
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
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/PreparationDt02023-06-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DUANE S WEBB CPA
ReturnHeader/ReturnTs02023-06-27T11:36:43-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SUSAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THUMMA
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,381
Liabilities
$0
Net assets
$52,381
Revenue
$114
Expenses
$280
Net income
-$166
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.52
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.00$0.15$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.00$0.16$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.00$0.25$0.25
2015Summary only. Only limited summary data is available for this year.$1.09$0.00$0.00$0.02$0.02
2014Summary only. Only limited summary data is available for this year.$1.11$0.00$0.00$0.00$0.00
2013Summary only. Only limited summary data is available for this year.$1.11$0.00$0.01$0.40$0.40
2012Summary only. Only limited summary data is available for this year.$1.51$0.00$0.01$0.02$0.01