Civic Intelligence

Alton Economic Development Corporation

990EZ • Fiscal year 2013 • EIN 42-1523453

Jan 01, 2013 to Dec 31, 2013 • Filed on Jan 14, 2014

905 3rd Ave51003

(712) 756-4314

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

37th percentile

-4.1%

Faster asset growth than 37% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

95th percentile

140%

Faster revenue growth than 95% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Down

$429,014

Down $18,479 (-4.1%) from 2012

Net Assets

Up

$419,014

Up $11,705 (+2.9%) from 2012

Liabilities

Down

$10,000

Down $30,184 (-75%) from 2012

Revenue

Up

$71,539

Up $41,679 (+140%) from 2012

Expenses

Up

$59,833

Up $26,423 (+79%) from 2012

Net Income

Up

$11,706

Up $15,256 (+430%) from 2012

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $427,306Liabilities 2010: $14,152Net Assets 2010: $413,1542010Assets 2011: $481,484Liabilities 2011: $70,6262011Assets 2012: $447,493Liabilities 2012: $40,184Net Assets 2012: $407,3092012Assets 2013: $429,014Liabilities 2013: $10,000Net Assets 2013: $419,0142013Assets 2014: $435,308Net Assets 2014: $435,3082014Assets 2015: $713,052Liabilities 2015: $0Net Assets 2015: $713,0522015Assets 2016: $466,815Liabilities 2016: $3,250Net Assets 2016: $463,5652016Assets 2017: $483,951Net Assets 2017: $483,9512017Assets 2018: $500,255Liabilities 2018: $0Net Assets 2018: $500,2552018Assets 2020: $567,113Liabilities 2020: $0Net Assets 2020: $567,1132020Assets 2021: $1,162,594Liabilities 2021: $517,775Net Assets 2021: $644,8192021Assets 2022: $1,182,982Liabilities 2022: $517,775Net Assets 2022: $665,2072022Assets 2023: $1,148,411Liabilities 2023: $468,460Net Assets 2023: $679,9512023Assets 2024: $1,923,918Liabilities 2024: $1,687,502Net Assets 2024: $236,4162024

Highlighted filing

2013

Assets$429,014
Liabilities$10,000
Net Assets$419,014

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $45,7612010Revenue 2011: $142,000Expenses 2011: $144,296Net Income 2011: -$2,2962011Revenue 2012: $29,860Expenses 2012: $33,410Net Income 2012: -$3,5502012Revenue 2013: $71,539Expenses 2013: $59,833Net Income 2013: $11,7062013Revenue 2014: $50,897Expenses 2014: $34,603Net Income 2014: $16,2942014Revenue 2015: $280,336Expenses 2015: $2,592Net Income 2015: $277,7442015Revenue 2016: $83,142Expenses 2016: $332,629Net Income 2016: -$249,4872016Revenue 2017: $22,787Expenses 2017: $2,401Net Income 2017: $20,3862017Revenue 2018: $63,974Expenses 2018: $47,670Net Income 2018: $16,3042018Revenue 2020: $57,232Expenses 2020: $17,809Net Income 2020: $39,4232020Revenue 2021: $305,897Expenses 2021: $228,191Net Income 2021: $77,7062021Revenue 2022: $117,638Expenses 2022: $97,250Net Income 2022: $20,3882022Revenue 2023: $199,112Expenses 2023: $184,368Net Income 2023: $14,7442023Revenue 2024: $144,570Expenses 2024: $588,105Net Income 2024: -$443,5352024

Highlighted filing

2013

Revenue$71,539
Expenses$59,833
Net Income$11,706
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jan 14, 2014
Return Version
2013v3.1
Gross Receipts
$71,539
Mission and Program Overview

Mission

To provide the city of alton, iowa with economic development possibilities ranging from residential, industrial and commercial development. The organization will make available places of residence and work attracting people to the city of alton. The organization also provides economic consulting on a monthly basis to the city of alton.

Program Services

DescriptionGrantsExpenses
TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT.-$59,833
TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RON MINTENPresident-$0--
BLAKE BENGARDTreasurer-$0--
TOM KIERNANVice Preside-$0--
DALE OLTMANSExecutive Di-$0--
JERRY HENRICHDirector-$0--
Filing and Contact Details

Filer

EIN
42-1523453

Signing Officer

Name
Ron Minten
Title
President
Signed
2014-01-14
Discuss with paid preparer
Yes

Preparer

Preparer
Blake M Bengard
Phone
7127374963
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Fairview meadows ii - lots cost of goods sold 56,400 expenses advertising and promotion 892 office 430 public officials travel/entertainment 93 interest 603 insurance 386 total 58,804

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 7,685 10,000 mortgage and other notes payable 32,500 0

Form 990-ez, Part III

To provide the city of alton, iowa with economic development possibilities ranging from residential, industrial and commercial development. The organization will make available places of residence and work attracting people to the city of alton. The organization also provides economic consulting on a monthly basis to the city of alton.

Form 990-ez, Part III, Line 31

To provide the city of alton, iowa with economic development possibilities ranging from residential, industrial and commercial development.

Raw XML Appendix134 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0RON MINTEN
CompensationExplanation/CompensationExplanationGrp/PersonNm1BLAKE BENGARD
CompensationExplanation/CompensationExplanationGrp/PersonNm2TOM KIERNAN
CompensationExplanation/CompensationExplanationGrp/PersonNm3DALE OLTMANS
CompensationExplanation/CompensationExplanationGrp/PersonNm4JERRY HENRICH
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine10ALTON ECONOMIC DEVELOPMENT CORP
IRS990EZ/BooksInCareOfDetail/PhoneNum07127564314
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10905 3RD AVE
IRS990EZ/BooksInCareOfDetail/USAddress/City0ALTON
IRS990EZ/BooksInCareOfDetail/USAddress/State0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode051003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0447493
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0429014
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04039
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt011706
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01029
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0447493
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0429014
IRS990EZ/GrossReceiptsAmt071539
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0407308
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0419014
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0407308
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0419014
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RON MINTEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BLAKE BENGARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TOM KIERNAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DALE OLTMANS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JERRY HENRICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt058804
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT. THE ORGANIZATION WILL MAKE AVAILABLE PLACES OF RESIDENCE AND WORK ATTRACTING PEOPLE TO THE CITY OF ALTON. THE ORGANIZATION ALSO PROVIDES ECONOMIC CONSULTING ON A MONTHLY BASIS TO THE CITY OF ALTON.
IRS990EZ/ProgramServiceRevenueAmt067500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt059833
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt040185
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt059833
IRS990EZ/TotalProgramServiceExpensesAmt059833
IRS990EZ/TotalRevenueAmt071539
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ALTONIOWA.ORG/ECON
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04039
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0422915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0427064
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt067500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0427064
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04039
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0422915
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0427064
IRS990ScheduleA/TotalSupportAmt0427064
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAIRVIEW MEADOWS II - LOTS COST OF GOODS SOLD 56,400 EXPENSES ADVERTISING AND PROMOTION 892 OFFICE 430 PUBLIC OFFICIALS TRAVEL/ENTERTAINMENT 93 INTEREST 603 INSURANCE 386 TOTAL 58,804
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,685 10,000 MORTGAGE AND OTHER NOTES PAYABLE 32,500 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT. THE ORGANIZATION WILL MAKE AVAILABLE PLACES OF RESIDENCE AND WORK ATTRACTING PEOPLE TO THE CITY OF ALTON. THE ORGANIZATION ALSO PROVIDES ECONOMIC CONSULTING ON A MONTHLY BASIS TO THE CITY OF ALTON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RON MINTEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10ALTON ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine20CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0ALTO
ReturnHeader/Filer/EIN0421523453
ReturnHeader/Filer/USAddress/AddressLine10905 3RD AVE
ReturnHeader/Filer/USAddress/City0ALTON
ReturnHeader/Filer/USAddress/State0IA
ReturnHeader/Filer/USAddress/ZIPCode051003
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10FH ANDERSON CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10317 8TH ST SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0ORANGE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0510411930
ReturnHeader/PreparerPersonGrp/PhoneNum07127374963
ReturnHeader/PreparerPersonGrp/PreparationDt02014-02-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BLAKE M BENGARD
ReturnHeader/ReturnTs02014-02-04T07:53:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$1.69$0.24$0.14$0.59$0.44
2023Detailed filing. Detailed filing data is available for this year.$1.15$0.47$0.68$0.20$0.18$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.52$0.67$0.12$0.10$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.16$0.52$0.64$0.31$0.23$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.06$0.02$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.06$0.05$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.48$0.48$0.02$0.00$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.46$0.08$0.33$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.28$0.00$0.28
2014Detailed filing. Detailed filing data is available for this year.$0.44$0.44$0.05$0.03$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.42$0.07$0.06$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.04$0.41$0.03$0.03$0.00
2011Summary only. Only limited summary data is available for this year.$0.48$0.07$0.14$0.14$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.01$0.41$0.05