Civic Intelligence

Forest City Economic Development Inc

EIN 42-1525819 • 501(c)6 • Forest City, IA

Profile

Promote economic development and additional housing in the forest city community.

145 South Clark PO Box 306Forest City, IA 50436

www.forestcityia.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

23rd percentile

0.01x

Higher debt load relative to assets than 23% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

34th percentile

0.06x

Higher debt load relative to revenue than 34% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

12th percentile

-12%

Higher net margin than 12% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

25th percentile

-2.5%

Faster asset growth than 25% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

-3.9%

Faster revenue growth than 20% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets23rd percentile

Assets

Down

$1,025,699

Down $26,101 (-2.5%) from 2024

Liabilities

Up

$14,493

Up $312 (+2.2%) from 2024

Net Assets

Down

$1,011,206

Down $26,413 (-2.5%) from 2024

Operations
Liabilities / Revenue34th percentileNet Margin12th percentile

Revenue

Down

$224,546

Down $9,184 (-3.9%) from 2024

Expenses

Up

$250,959

Up $13,791 (+5.8%) from 2024

Net Income

Down

-$26,413

Down $22,975 (-668%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2011: $2,226,871Liabilities 2011: $1,592,052Net Assets 2011: $634,8192011Assets 2012: $2,064,106Liabilities 2012: $1,379,792Net Assets 2012: $684,3142012Assets 2013: $1,846,698Liabilities 2013: $1,178,979Net Assets 2013: $667,7192013Assets 2014: $1,465,916Liabilities 2014: $795,639Net Assets 2014: $670,2772014Assets 2015: $1,310,362Liabilities 2015: $599,034Net Assets 2015: $711,3282015Assets 2016: $1,121,204Liabilities 2016: $367,607Net Assets 2016: $753,5972016Assets 2017: $892,925Liabilities 2017: $34,111Net Assets 2017: $858,8142017Assets 2018: $879,380Liabilities 2018: $10,259Net Assets 2018: $869,1212018Assets 2019: $877,884Liabilities 2019: $7,059Net Assets 2019: $870,8252019Assets 2020: $1,018,296Liabilities 2020: $4,642Net Assets 2020: $1,013,6542020Assets 2021: $1,008,211Liabilities 2021: $3,996Net Assets 2021: $1,004,2152021Assets 2022: $1,048,830Liabilities 2022: $12,413Net Assets 2022: $1,036,4172022Assets 2023: $1,049,491Liabilities 2023: $8,435Net Assets 2023: $1,041,0562023Assets 2024: $1,051,800Liabilities 2024: $14,181Net Assets 2024: $1,037,6192024Assets 2025: $1,025,699Liabilities 2025: $14,493Net Assets 2025: $1,011,2062025

Highlighted filing

2025

Assets$1,025,699
Liabilities$14,493
Net Assets$1,011,206
Open 2025 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2011: $357,5632011Expenses 2012: $306,3742012Expenses 2013: $280,1292013Revenue 2014: $283,716Expenses 2014: $281,158Net Income 2014: $2,5582014Revenue 2015: $271,721Expenses 2015: $230,670Net Income 2015: $41,0512015Revenue 2016: $274,779Expenses 2016: $232,510Net Income 2016: $42,2692016Revenue 2017: $370,365Expenses 2017: $260,148Net Income 2017: $110,2172017Revenue 2018: $210,294Expenses 2018: $199,987Net Income 2018: $10,3072018Revenue 2019: $206,280Expenses 2019: $205,247Net Income 2019: $1,0332019Revenue 2020: $429,082Expenses 2020: $286,330Net Income 2020: $142,7522020Revenue 2021: $214,896Expenses 2021: $224,335Net Income 2021: -$9,4392021Revenue 2022: $304,242Expenses 2022: $272,040Net Income 2022: $32,2022022Revenue 2023: $275,696Expenses 2023: $271,057Net Income 2023: $4,6392023Revenue 2024: $233,730Expenses 2024: $237,168Net Income 2024: -$3,4382024Revenue 2025: $224,546Expenses 2025: $250,959Net Income 2025: -$26,4132025

Highlighted filing

2025

Revenue$224,546
Expenses$250,959
Net Income-$26,413
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,025,699
Liabilities
$14,493
Net assets
$1,011,206
Revenue
$224,546
Expenses
$250,959
Net income
-$26,413
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.01$1.01$0.22$0.25$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.04$0.23$0.24$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.04$0.28$0.27$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.01$1.04$0.30$0.27$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.00$0.21$0.22$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.01$0.43$0.29$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.21$0.21$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.21$0.20$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.89$0.03$0.86$0.37$0.26$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.37$0.75$0.27$0.23$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.60$0.71$0.27$0.23$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.47$0.80$0.67$0.28$0.28$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$1.18$0.67$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$1.38$0.68$0.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$1.59$0.63$0.36
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 30, 2025
Return Version
2024v5.0
Gross Receipts
$227,080
Mission and Program Overview

Mission

Promote economic development and additional housing in the forest city community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$340,051$336,387▼ $3,664
Savings and Temporary Cash Investments$275,860$259,696▼ $16,164
Other Notes and Loans Receivable, Net$172,408$175,405▲ $2,997
Cash and Non-Interest-Bearing Accounts$123,719$127,869▲ $4,150
Land, Buildings, and Equipment, Net$68,117$67,392▼ $725
Prepaid Expenses and Deferred Charges$7,866$7,777▼ $89
Total Assets$1,051,800$1,025,699▼ $26,101
Other Assets Total$63,779$51,173▼ $12,606
Liabilities
Accounts Payable and Accrued Expenses$14,181$14,493▲ $312
Total Liabilities$14,181$14,493▲ $312
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$761,759$751,510▼ $10,249
Net Assets With Donor Restrictions$275,860$259,696▼ $16,164
Total Net Assets Fund Balance$1,037,619$1,011,206▼ $26,413
Total Liabilities and Net Assets / Fund Balance$1,051,800$1,025,699▼ $26,101

Asset Categories

AssetBook ValueDepreciationBasis
Land$67,331-$67,331
Equipment$12,605-$12,605
Other Land Buildings$-13,544$24,427$10,883
Leasehold Improvements$1,000-$1,000
Closely Held Equity Interests$336,387--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Luann ScholbrockPresident
Courtney WoogeBoard Member
Daisy HuffmanBoard Member
Darwin LehmannBoard Member
Dave ArndtBoard Member
Dave KinglandBoard Member
Dave SiegristBoard Member
Dennis BustaBoard Member
Eric KinglandBoard Member
Gary MccarthyBoard Member
Holly BrinkBoard Member
Isaac TuttleBoard Member
Jared SchneblyBoard Member
Laila WrightBoard Member
Lynn HagensonBoard Member
Mark ThomaBoard Member
Pat LovikBoard Member
Rick SkjeieBoard Member
Ron HollandBoard Member
Ron LichtsinnBoard Member
Terry DurbyBoard Member
Tony MikesBoard Member
Cindy CarterSecretary
Chad LunningTreasurer
Bob AlsopVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$194,479
Program Service Revenue
$34,436
Investment Income
$885
Other Revenue
$-5,254
All Other Contributions
$194,479
Change in Net Assets
$-26,413
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$142,924
Other Expenses$108,035
Total Fundraising Expense$14,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,501$33,750$11,250$112,501
Advertising$48,216--$48,216
Fees for Services Accounting-$14,439-$14,439
Office Expenses$9,286$1,112$445$10,843
Pension Plan Contributions$6,499$3,249$1,083$10,831
Other Employee Benefits$6,459$3,230$1,077$10,766
Payroll Taxes$5,295$2,648$883$8,826
Insurance$7,583$843-$8,426
Occupancy$6,840--$6,840
Conferences and Meetings$2,393$598-$2,991
Travel$600--$600
Fees for Services Legal$390--$390
Other Expenses$332--$332
All Other Expenses$267--$267
Interest$26--$26
Total Functional Expenses$176,352$59,869$14,738$250,959
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Various manufacturers bank & trust members president normal banking relationship”

Form 990, Page 6, Part VI, Line 11B

“The federal form 990 is available for review at the board meeting prior to submittion to the government.”

Form 990, Page 6, Part VI, Line 15A

“The executive director has an annual review conducted by the president of the organization along with input from the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Employees have annual reviews conducted by the executive director with input from the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents will be provided to public upon request to executive director or any board member.”

Filing and Contact Details

Filer

Filer Name
Forest City Economic Development
EIN
42-1525819
Phone
6415855560
Address
145 SOUTH CLARK PO BOX 306, FOREST CITY, IA 50436

Signing Officer

Name
Beth Bilyeu
Title
Exec Director
Phone
6415855560
Signed
2025-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luann Scholbrock
Formed
2002
Legal Domicile
Ia
Voting Board Members
26
Independent Board Members
26
Employees
2

Preparer

Firm
Dk Arndt Pc
Address
116 EAST I STREET, FOREST CITY, IA 50436-1760
Preparer
David K Arndt CPA
Phone
6415854631
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Promote business development in the city of forest city.”

Raw XML AppendixShowing 400 of 480 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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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
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IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt026
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0227080
IRS990/GrossRentsGrp/RealAmt013795
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt026
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0843
IRS990/InsuranceGrp/ProgramServicesAmt07583
IRS990/InsuranceGrp/TotalAmt08426
IRS990/InterestGrp/ProgramServicesAmt026
IRS990/InterestGrp/TotalAmt026
IRS990/InvestmentIncomeGrp/ExclusionAmt0885
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0885
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0340051
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0336387
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024427
IRS990/LandBldgEquipBasisNetGrp/BOYAmt068117
IRS990/LandBldgEquipBasisNetGrp/EOYAmt067392
IRS990/LandBldgEquipCostOrOtherBssAmt091819
IRS990/LegalDomicileStateCd0IA
IRS990/LessRentalExpensesGrp/RealAmt02534
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE ECONOMIC DEVELOPMENT AND ADDITIONAL HOUSING IN THE FOREST CITY COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01037619
IRS990/NetAssetsOrFundBalancesEOYAmt01011206
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt011261
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt011261
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0761759
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0751510
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt06840
IRS990/OccupancyGrp/TotalAmt06840
IRS990/OfficeExpensesGrp/FundraisingAmt0445
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01112
IRS990/OfficeExpensesGrp/ProgramServicesAmt09286
IRS990/OfficeExpensesGrp/TotalAmt010843
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt063779
IRS990/OtherAssetsTotalGrp/EOYAmt051173
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01077
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03230
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06459
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010766
IRS990/OtherExpensesGrp/Desc0COMM. SPONSORSHIP & STUDI
IRS990/OtherExpensesGrp/Desc1AGENCY SUPPORT
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTION
IRS990/OtherExpensesGrp/Desc3BANK CHARGES
IRS990/OtherExpensesGrp/ProgramServicesAmt09004
IRS990/OtherExpensesGrp/ProgramServicesAmt14600
IRS990/OtherExpensesGrp/ProgramServicesAmt21061
IRS990/OtherExpensesGrp/ProgramServicesAmt3332
IRS990/OtherExpensesGrp/TotalAmt09004
IRS990/OtherExpensesGrp/TotalAmt14600
IRS990/OtherExpensesGrp/TotalAmt21061
IRS990/OtherExpensesGrp/TotalAmt3332
IRS990/OtherRevenueMiscGrp/Desc0NORTH CENTRAL IA RAIL CORR
IRS990/OtherRevenueMiscGrp/Desc1FCWF HOUSING
IRS990/OtherRevenueMiscGrp/Desc2WESTOWN PLACE, LLC K-1 INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt028
IRS990/OtherRevenueMiscGrp/ExclusionAmt1-1155
IRS990/OtherRevenueMiscGrp/ExclusionAmt2-15388
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-1155
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-15388
IRS990/OtherRevenueTotalAmt0-16515
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011250
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033750
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067501
IRS990/OtherSalariesAndWagesGrp/TotalAmt0112501
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0172408
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0175405
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0883
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02648
IRS990/PayrollTaxesGrp/ProgramServicesAmt05295
IRS990/PayrollTaxesGrp/TotalAmt08826
IRS990/PensionPlanContributionsGrp/FundraisingAmt01083
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03249
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt06499
IRS990/PensionPlanContributionsGrp/TotalAmt010831
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07866
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07777
IRS990/PrincipalOfficerNm0LUANN SCHOLBROCK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc1MOTEL TAX
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114945
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21491
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114945
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21491
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROMOTE BUSINESS DEVELOPMENT IN THE CITY OF FOREST CITY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt026
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0187694
IRS990/PYInvestmentIncomeAmt01358
IRS990/PYOtherExpensesAmt0104555
IRS990/PYOtherRevenueAmt04052
IRS990/PYProgramServiceRevenueAmt040626
IRS990/PYRevenuesLessExpensesAmt0-3438
IRS990/PYSalariesCompEmpBnftPaidAmt0132613
IRS990/PYTotalExpensesAmt0237168
IRS990/PYTotalRevenueAmt0233730
IRS990/ReconcilationRevenueExpnssAmt0-26413
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt011261
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt034436
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0275860
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0259696
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0336387
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EquipmentGrp/BookValueAmt012605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012605
IRS990ScheduleD/LandGrp/BookValueAmt067331
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067331
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01000
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-13544
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024427
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010883
IRS990ScheduleD/TotalBookValueLandBuildingsAmt067392
IRS990ScheduleD/TotalBookValueSecuritiesAmt0336387
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTE BUSINESS DEVELOPMENT IN THE CITY OF FOREST CITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VARIOUS MANUFACTURERS BANK & TRUST MEMBERS PRESIDENT NORMAL BANKING RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FEDERAL FORM 990 IS AVAILABLE FOR REVIEW AT THE BOARD MEETING PRIOR TO SUBMITTION TO THE GOVERNMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR HAS AN ANNUAL REVIEW CONDUCTED BY THE PRESIDENT OF THE ORGANIZATION ALONG WITH INPUT FROM THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EMPLOYEES HAVE ANNUAL REVIEWS CONDUCTED BY THE EXECUTIVE DIRECTOR WITH INPUT FROM THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS WILL BE PROVIDED TO PUBLIC UPON REQUEST TO EXECUTIVE DIRECTOR OR ANY BOARD MEMBER.

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