Civic Intelligence

Mitchell County Economic Development Co

990EZ • Fiscal year 2019 • EIN 42-1515842

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 27, 2019

Organization ProfileN/A
P O Box 306Osage, IA 50461

(641) 732-4790

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

67th percentile

15%

Faster asset growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

41st percentile

-4.8%

Faster revenue growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$302,838

Up $38,571 (+15%) from 2018

Net Assets

Up

$302,838

Up $38,571 (+15%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin80th percentile

Revenue

Down

$157,580

Down $7,965 (-4.8%) from 2018

Expenses

Down

$119,009

Down $57,706 (-33%) from 2018

Net Income

Up

$38,571

Up $49,741 (+445%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$1.0M$500K$0Assets 2012: $230,327Liabilities 2012: $02012Assets 2013: $294,771Liabilities 2013: $80,0002013Assets 2014: $228,194Liabilities 2014: $02014Assets 2015: $265,617Liabilities 2015: $0Net Assets 2015: $265,6172015Assets 2016: $243,927Liabilities 2016: $02016Assets 2017: $275,437Net Assets 2017: $275,4372017Assets 2018: $264,267Net Assets 2018: $264,2672018Assets 2019: $302,838Net Assets 2019: $302,8382019Assets 2020: $326,283Liabilities 2020: $150,000Net Assets 2020: $176,2832020Assets 2021: $447,420Liabilities 2021: $186,818Net Assets 2021: $260,6022021Assets 2022: $670,106Liabilities 2022: $300,000Net Assets 2022: $370,1062022Assets 2023: $579,886Liabilities 2023: $300,000Net Assets 2023: $279,8862023Assets 2024: $978,445Liabilities 2024: $303,592Net Assets 2024: $674,8532024

Highlighted filing

2019

Assets$302,838
Liabilities-
Net Assets$302,838
Open 2019 Filing

Operations Trend

Revenue Growth41st percentile

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

$1.0M$500K$0-$500KRevenue 2012: $330,621Expenses 2012: $142,789Net Income 2012: $187,8322012Revenue 2013: $147,289Expenses 2013: $162,845Net Income 2013: -$15,5562013Revenue 2014: $162,419Expenses 2014: $148,996Net Income 2014: $13,4232014Revenue 2015: $211,111Expenses 2015: $173,688Net Income 2015: $37,4232015Revenue 2016: $175,978Expenses 2016: $197,668Net Income 2016: -$21,6902016Revenue 2017: $183,299Expenses 2017: $151,789Net Income 2017: $31,5102017Revenue 2018: $165,545Expenses 2018: $176,715Net Income 2018: -$11,1702018Revenue 2019: $157,580Expenses 2019: $119,009Net Income 2019: $38,5712019Revenue 2020: $157,866Expenses 2020: $284,421Net Income 2020: -$126,5552020Revenue 2021: $197,699Expenses 2021: $113,380Net Income 2021: $84,3192021Revenue 2022: $269,780Expenses 2022: $160,276Net Income 2022: $109,5042022Revenue 2023: $155,121Expenses 2023: $245,341Net Income 2023: -$90,2202023Revenue 2024: $819,724Expenses 2024: $675,613Net Income 2024: $144,1112024

Highlighted filing

2019

Revenue$157,580
Expenses$119,009
Net Income$38,571
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 27, 2019
Return Version
2018v3.1
Gross Receipts
$157,580
Mission and Program Overview

Mission

Promote Economic Development in Mitchell County

Program Services

DescriptionGrantsExpenses
Staff is hired to provide support and information to members so that economic development can occur on a joint county wide basis--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amanda AdamsChairmanPT$0--
Ivan WoldVice ChairmanPT$0--
Harlan BisbeeTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Mitchell County Economic Development
EIN
42-1515842
Phone
6417324790
Address
P O Box 306, Osage, IA 50461

Signing Officer

Name
Amanda Adams
Title
Chairman
Signed
2019-08-27
Discuss with paid preparer
Yes

Preparer

Firm
Bisbee Income Tax & Acctng
Address
115 South Broad Street, Stacyville, IA 50476-0184
Preparer
Harlan Bisbee
Phone
6417372428
Supplemental Narrative

Additional Explanations

Other Revenue.1

“Construction Incentive Fe $8500”

Other Revenue.2

“Habitat Loan $2535”

Other Revenue.3

“Marketing Grant $2400”

Other Revenue.4

“FEMC Admin Fee $2000”

Other Revenue.5

“Reimbursement/Misc $1085”

Other Revenue.6

“Program Fees $250”

Other Expenses.1001

“Advertising and Promotion $2843”

Other Expenses.1002

“Office Expenses $943”

Other Expenses.1005

“Travel $2392”

Other Expenses.1007

“Conferences, Conventions, and Meetings $705”

Other Expenses.1012

“Insurance $976”

Other Expenses.1

“Web Site $4823”

Other Expenses.2

“Net RLF $878”

Other Expenses.3

“Dues/Subscriptions $733”

Other Expenses.4

“Miscellaneous $615”

Other Assets.1005

“Accounts Receivable - Beginning $85000 Accounts Receivable - Ending $0”

Raw XML Appendix191 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt085000
IRS990EZ/OtherExpensesTotalAmt014908
IRS990EZ/OtherRevenueTotalAmt016770
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promote Economic Development in Mitchell County
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Staff is hired to provide support and information to members so that economic development can occur on a joint county wide basis
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt094728
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0119009
IRS990EZ/TotalRevenueAmt0157580
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0138770
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0129520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0137020
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0138270
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0174979
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0718559
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02040
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02040
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02853
IRS990ScheduleA/InvestmentIncomeCYPct00.00320
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IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt0172101
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.80420
IRS990ScheduleA/PublicSupportPY509Pct00.78110
IRS990ScheduleA/PublicSupportTotal509Amt0718559
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0211111
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0893513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Construction Incentive Fe $8500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Habitat Loan $2535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Marketing Grant $2400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FEMC Admin Fee $2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Reimbursement/Misc $1085
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program Fees $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Advertising and Promotion $2843
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Office Expenses $943
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Travel $2392
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Insurance $976
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Web Site $4823
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Net RLF $878
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Dues/Subscriptions $733
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Miscellaneous $615
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Accounts Receivable - Beginning $85000 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Revenue.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Revenue.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Revenue.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Revenue.5
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Amanda Adams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mitchell County Economic Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Commission
ReturnHeader/Filer/BusinessNameControlTxt0MITC
ReturnHeader/Filer/EIN0421515842
ReturnHeader/Filer/PhoneNum06417324790
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 306
ReturnHeader/Filer/USAddress/CityNm0Osage
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050461
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421378767
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Bisbee Income Tax & Acctng
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0115 South Broad Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Stacyville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0504760184
ReturnHeader/PreparerPersonGrp/PhoneNum06417372428
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HARLAN BISBEE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-08-27T12:28:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$302,838
Liabilities
-
Net assets
$302,838
Revenue
$157,580
Expenses
$119,009
Net income
$38,571
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.78$3.04$6.75$8.20$6.76$1.44
2023Detailed filing. Detailed filing data is available for this year.$5.80$3.00$2.80$1.55$2.45$0.90
2022Detailed filing. Detailed filing data is available for this year.$6.70$3.00$3.70$2.70$1.60$1.10
2021Detailed filing. Detailed filing data is available for this year.$4.47$1.87$2.61$1.98$1.13$0.84
2020Detailed filing. Detailed filing data is available for this year.$3.26$1.50$1.76$1.58$2.84$1.27
2019Detailed filing. Detailed filing data is available for this year.$3.03$3.03$1.58$1.19$0.39
2018Detailed filing. Detailed filing data is available for this year.$2.64$2.64$1.66$1.77$0.11
2017Detailed filing. Detailed filing data is available for this year.$2.75$2.75$1.83$1.52$0.32
2016Summary only. Only limited summary data is available for this year.$2.44$0.00$1.76$1.98$0.22
2015Summary only. Only limited summary data is available for this year.$2.66$0.00$2.66$2.11$1.74$0.37
2014Summary only. Only limited summary data is available for this year.$2.28$0.00$1.62$1.49$0.13
2013Summary only. Only limited summary data is available for this year.$2.95$0.80$1.47$1.63$0.16
2012Summary only. Only limited summary data is available for this year.$2.30$0.00$3.31$1.43$1.88