Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Alton Economic Development Corporation
990EZ • Fiscal year 2017 • EIN 42-1523453
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
53rd percentile
Faster asset growth than 53% of similar nonprofits.
Revenue Growth
5th percentile
Faster revenue growth than 5% of similar nonprofits.
Balance Sheet
Assets
Up$483,951
Up $17,136 (+3.7%) from 2016
Net Assets
Up$483,951
Up $20,386 (+4.4%) from 2016
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$22,787
Down $60,355 (-73%) from 2016
Expenses
Down$2,401
Down $330,228 (-99%) from 2016
Net Income
Up$20,386
Up $269,873 (+108%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- May 15, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $22,787
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
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT. | - | $2,401 |
| TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KEVIN LANGEL | Vice Preside | - | $0 | - | - |
| DALE OLTMANS | Executive Di | - | $0 | - | - |
| JERRY HENRICH | Director | - | $0 | - | - |
| BRIAN SCHUTT | President | - | $0 | - | - |
| HARLAN JORGENSON | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Alton Economic Development
- EIN
- 42-1523453
- Address
- 905 3RD AVE, ALTON, IA 51003
Signing Officer
- Name
- Dale Oltmans
- Title
- Executive Director
- Signed
- 2018-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Bengard & Associates Inc
- Address
- 119 ALBANY AVE NE, ORANGE CITY, IA 51041-0377
- Preparer
- Blake M Bengard Ea
- Phone
- 7127374963
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses conferences/meetings 24 insurance 487 total 511”
Form 990-ez, Part II, Line 26
“REBATED PAYABLE 3,250 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 Appendix140 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ALTON ECONOMIC DEVELOPMENT CORP |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7127564314 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 905 3RD AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ALTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 51003 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 466815 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 483951 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 22403 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 20386 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1890 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 466815 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 483951 |
| IRS990EZ/GrossReceiptsAmt | 0 | 22787 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 384 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 463565 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 483951 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 463565 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 483951 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KEVIN LANGEL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DALE OLTMANS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JERRY HENRICH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BRIAN SCHUTT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | HARLAN JORGENSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 511 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 2401 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3250 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 2401 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 2401 |
| IRS990EZ/TotalRevenueAmt | 0 | 22787 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ALTONIOWA.ORG/ECON |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 22403 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 24642 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 280336 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9802 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4039 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 341222 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 384 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 341222 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 22403 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 24642 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 280336 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9802 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4039 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 341222 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 341222 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES CONFERENCES/MEETINGS 24 INSURANCE 487 TOTAL 511 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | REBATED PAYABLE 3,250 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO PROVIDE THE CITY OF ALTON, IOWA WITH ECONOMIC DEVELOPMENT POSSIBILITIES RANGING FROM RESIDENTIAL, INDUSTRIAL AND COMMERCIAL DEVELOPMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DALE OLTMANS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALTON ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALTO |
| ReturnHeader/Filer/EIN | 0 | 421523453 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 905 3RD AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ALTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 51003 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | E8853820BC97883E6A715588E1E70A1C8EBEA6EE |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | D51795C1AF96A5AFCB19896A9CFBB9872EBCF114 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-05-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:27:21 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 262687174 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BENGARD & ASSOCIATES INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 119 ALBANY AVE NE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ORANGE CITY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 510410377 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7127374963 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | BLAKE M BENGARD EA |
| ReturnHeader/ReturnTs | 0 | 2018-05-15T14:27:21-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $483,951
- Liabilities
- -
- Net assets
- $483,951
- Revenue
- $22,787
- Expenses
- $2,401
- Net income
- $20,386
Peer Organizations
Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • <$500k nonprofits
Benicia, CA
View OrganizationBenicia Youth Soccer League
501(c)3
Revenue$477,492
Assets$469,848
Revenue vs current organization
1995% higherAssets vs current organization
About the samePennsauken, NJ
View OrganizationUnion Organization for Social Service
501(c)3
Revenue$483,575
Assets$25,504
Revenue vs current organization
2022% higherAssets vs current organization
95% lowerMyrtle Beach, SC
View OrganizationTemple Shalom
501(c)3
Revenue$59,801
Assets$484,756
Revenue vs current organization
162% higherAssets vs current organization
About the sameOld Bridge, NJ
View OrganizationOld Bridge First Aid & Rescue
501(c)3
Revenue$246,686
Assets$485,053
Revenue vs current organization
983% higherAssets vs current organization
About the same