Civic Intelligence

Forest City Economic Development Inc

990 • Fiscal year 2018 • EIN 42-1525819

Jul 01, 2017 to Jun 30, 2018 • Filed on Jul 26, 2018

145 South Clark PO Box 306Forest City, IA 50436

(641) 585-5560

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.05x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

54th percentile

4.9%

Higher net margin than 54% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

35th percentile

-1.5%

Faster asset growth than 35% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

3rd percentile

-43%

Faster revenue growth than 3% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$879,380

Down $13,545 (-1.5%) from 2017

Net Assets

Up

$869,121

Up $10,307 (+1.2%) from 2017

Liabilities

Down

$10,259

Down $23,852 (-70%) from 2017

Revenue

Down

$210,294

Down $160,071 (-43%) from 2017

Expenses

Down

$199,987

Down $60,161 (-23%) from 2017

Net Income

Down

$10,307

Down $99,910 (-91%) from 2017

Historical Trend

Balance Sheet Trend

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

$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

2018

Assets$879,380
Liabilities$10,259
Net Assets$869,121

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2018

Revenue$210,294
Expenses$199,987
Net Income$10,307
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jul 26, 2018
Return Version
2017v2.3
Gross Receipts
$213,331
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$308,455$373,252▲ $64,797
Investments Other Securities$190,664$190,664→ $0
Cash and Non-Interest-Bearing Accounts$154,315$132,323▼ $21,992
Land, Buildings, and Equipment, Net$75,174$73,343▼ $1,831
Other Notes and Loans Receivable, Net$90,212$35,614▼ $54,598
Total Assets$892,925$879,380▼ $13,545
Other Assets Total$74,105$74,184▲ $79
Liabilities
Unsecured Notes Loans Payable$30,386$6,875▼ $23,511
Accounts Payable and Accrued Expenses$3,725$3,384▼ $341
Total Liabilities$34,111$10,259▼ $23,852
Net Assets / Fund Balance
Unrestricted Net Assets$550,359$495,869▼ $54,490
Temporarily Rstr Net Assets$308,455$373,252▲ $64,797
Total Net Assets Fund Balance$858,814$869,121▲ $10,307
Total Liabilities and Net Assets / Fund Balance$892,925$879,380▼ $13,545

Asset Categories

AssetBook ValueDepreciationBasis
Land$67,331-$67,331
Equipment$12,605-$12,605
Other Land Buildings$-7,593$18,476$10,883
Leasehold Improvements$1,000-$1,000
Other Assets Org$74,184--
Closely Held Equity Interests$190,664--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Courtney WoogePresident
Allan BoykenBoard Member
Barb SmithBoard Member
Bob AlsopBoard Member
Byron RuiterBoard Member
Chris WestBoard Member
Dave ArndtBoard Member
Dave KinglandBoard Member
Dennis BustaBoard Member
Eric KinglandBoard Member
Lynn HagensonBoard Member
Mark ThomaBoard Member
Mary Ann FarusBoard Member
Mike JohnsonBoard Member
Pat LovikBoard Member
Ray BeebeBoard Member
Ron LichtsinnBoard Member
Shelley RobsonBoard Member
Steve BakkeBoard Member
Terry DurbyBoard Member
Tony ColoffBoard Member
Vicki TeglandBoard Member
Weston LohryBoard Member
Mason HarmsPast Preside
Cindy CarterSecretary
Darwin LehmannTreasurer
John RoisenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$91,428
Program Service Revenue
$104,721
Investment Income
$2,207
Other Revenue
$11,938
All Other Contributions
$91,428
Change in Net Assets
$10,307
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$104,935
Salaries, Compensation, and Employee Benefits$95,052
Total Fundraising Expense$9,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$38,588$19,294$6,431$64,313
Advertising$28,683--$28,683
Occupancy$13,785--$13,785
Fees for Services Accounting-$10,807-$10,807
Other Salaries and Wages$8,853--$8,853
Office Expenses$7,380$1,003$401$8,784
Other Employee Benefits$5,017$2,509$836$8,362
Pension Plan Contributions$4,513$2,256$752$7,521
Insurance$5,557$617-$6,174
Payroll Taxes$3,602$1,801$600$6,003
All Other Expenses$3,033$1,970-$5,003
Other Expenses$3,907--$3,907
Conferences and Meetings$2,322$581-$2,903
Travel$2,618--$2,618
Depreciation Depletion-$1,105-$1,105
Interest$765--$765
Fees for Services Legal-$198-$198
Total Functional Expenses$148,826$42,141$9,020$199,987
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 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 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

No documents available to the public

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
Doing Business As
Forest City Economic Development

Signing Officer

Name
Courtney Wooge
Title
President
Phone
6415855560
Signed
2018-07-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Courtney Wooge
Formed
2002
Legal Domicile
Ia
Voting Board Members
28
Independent Board Members
28
Employees
2

Preparer

Firm
Dk Arndt Pc
Address
116 EAST I STREET, FOREST CITY, IA 50436-1760
Preparer
David K Arndt CPA
Phone
6415854631
Raw XML AppendixShowing 400 of 489 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03725
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03384
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROMOTE ECONOMIC DEVELOPMENT AND ADDITIONAL HOUSING IN THE FOREST CITY COMMUNITY.
IRS990/AdvertisingGrp/ProgramServicesAmt028683
IRS990/AdvertisingGrp/TotalAmt028683
IRS990/AllOtherContributionsAmt091428
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01970
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03033
IRS990/AllOtherExpensesGrp/TotalAmt05003
IRS990/BooksInCareOfDetail/PersonNm0BETH BILYEU
IRS990/BooksInCareOfDetail/PhoneNum06415855560
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0145 S CLARK STREET
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0FOREST CITY IA 50436
IRS990/BooksInCareOfDetail/USAddress/CityNm0FOREST CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050436
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0154315
IRS990/CashNonInterestBearingGrp/EOYAmt0132323
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt06431
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt019294
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt038588
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt064313
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0581
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02322
IRS990/ConferencesMeetingsGrp/TotalAmt02903
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt091428
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02207
IRS990/CYOtherExpensesAmt0104935
IRS990/CYOtherRevenueAmt011938
IRS990/CYProgramServiceRevenueAmt0104721
IRS990/CYRevenuesLessExpensesAmt010307
IRS990/CYSalariesCompEmpBnftPaidAmt095052
IRS990/CYTotalExpensesAmt0199987
IRS990/CYTotalFundraisingExpenseAmt09020
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0210294
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01105
IRS990/DepreciationDepletionGrp/TotalAmt01105
IRS990/Desc0PROMOTE BUSINESS DEVELOPMENT AND CREATE ADDITIONAL HOUSING IN THE FOREST CITY COMMUNITY.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0FOREST CITY ECONOMIC DEVELOPMENT
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0148826
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010807
IRS990/FeesForServicesAccountingGrp/TotalAmt010807
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0198
IRS990/FeesForServicesLegalGrp/TotalAmt0198
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm1MARY ANN FARUS
IRS990/Form990PartVIISectionAGrp/PersonNm2CINDY CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm3COURTNEY WOOGE
IRS990/Form990PartVIISectionAGrp/PersonNm4ALLAN BOYKEN
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIC KINGLAND
IRS990/Form990PartVIISectionAGrp/PersonNm6WESTON LOHRY
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVE KINGLAND
IRS990/Form990PartVIISectionAGrp/PersonNm8PAT LOVIK
IRS990/Form990PartVIISectionAGrp/PersonNm9DENNIS BUSTA
IRS990/Form990PartVIISectionAGrp/PersonNm10MASON HARMS
IRS990/Form990PartVIISectionAGrp/PersonNm11BARB SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm12VICKI TEGLAND
IRS990/Form990PartVIISectionAGrp/PersonNm13DARWIN LEHMANN
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN ROISEN
IRS990/Form990PartVIISectionAGrp/PersonNm15LYNN HAGENSON
IRS990/Form990PartVIISectionAGrp/PersonNm16SHELLEY ROBSON
IRS990/Form990PartVIISectionAGrp/PersonNm17RAY BEEBE
IRS990/Form990PartVIISectionAGrp/PersonNm18STEVE BAKKE
IRS990/Form990PartVIISectionAGrp/PersonNm19RON LICHTSINN
IRS990/Form990PartVIISectionAGrp/PersonNm20TONY COLOFF
IRS990/Form990PartVIISectionAGrp/PersonNm21DAVE ARNDT
IRS990/Form990PartVIISectionAGrp/PersonNm22BOB ALSOP
IRS990/Form990PartVIISectionAGrp/PersonNm23MARK THOMA
IRS990/Form990PartVIISectionAGrp/PersonNm24TERRY DURBY
IRS990/Form990PartVIISectionAGrp/PersonNm25CHRIS WEST
IRS990/Form990PartVIISectionAGrp/PersonNm26BYRON RUITER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02002
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0213331
IRS990/GrossRentsGrp/RealAmt014975
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt028
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0617
IRS990/InsuranceGrp/ProgramServicesAmt05557
IRS990/InsuranceGrp/TotalAmt06174
IRS990/InterestGrp/ProgramServicesAmt0765
IRS990/InterestGrp/TotalAmt0765
IRS990/InvestmentIncomeGrp/ExclusionAmt02207
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02207
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0190664
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0190664
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018476
IRS990/LandBldgEquipBasisNetGrp/BOYAmt075174
IRS990/LandBldgEquipBasisNetGrp/EOYAmt073343
IRS990/LandBldgEquipCostOrOtherBssAmt091819
IRS990/LegalDomicileStateCd0IA
IRS990/LessRentalExpensesGrp/RealAmt03037
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/NetAssetsOrFundBalancesBOYAmt0858814
IRS990/NetAssetsOrFundBalancesEOYAmt0869121
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt011938
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt011938
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt013785
IRS990/OccupancyGrp/TotalAmt013785
IRS990/OfficeExpensesGrp/FundraisingAmt0401
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01003
IRS990/OfficeExpensesGrp/ProgramServicesAmt07380
IRS990/OfficeExpensesGrp/TotalAmt08784
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt074105
IRS990/OtherAssetsTotalGrp/EOYAmt074184
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0836
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02509
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05017
IRS990/OtherEmployeeBenefitsGrp/TotalAmt08362
IRS990/OtherExpensesGrp/Desc0COMM. SPONSORSHIP & STUDI
IRS990/OtherExpensesGrp/Desc1PROGRAMMING
IRS990/OtherExpensesGrp/Desc2AGENCY SUPPORT
IRS990/OtherExpensesGrp/Desc3MISC. EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt010921
IRS990/OtherExpensesGrp/ProgramServicesAmt14782
IRS990/OtherExpensesGrp/ProgramServicesAmt24500
IRS990/OtherExpensesGrp/ProgramServicesAmt33907
IRS990/OtherExpensesGrp/TotalAmt010921
IRS990/OtherExpensesGrp/TotalAmt14782
IRS990/OtherExpensesGrp/TotalAmt24500
IRS990/OtherExpensesGrp/TotalAmt33907
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08853
IRS990/OtherSalariesAndWagesGrp/TotalAmt08853
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt090212
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt035614
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0600
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01801
IRS990/PayrollTaxesGrp/ProgramServicesAmt03602
IRS990/PayrollTaxesGrp/TotalAmt06003
IRS990/PensionPlanContributionsGrp/FundraisingAmt0752
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02256
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04513
IRS990/PensionPlanContributionsGrp/TotalAmt07521
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0COURTNEY WOOGE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING PROGRAM ADMINISTRATIO
IRS990/ProgramServiceRevenueGrp/Desc1MOTEL TAX
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc3MANAGEMENT FEE
IRS990/ProgramServiceRevenueGrp/Desc4REIMBURSEMENTS OF COSTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt075000
IRS990/ProgramServiceRevenueGrp/ExclusionAmt111162
IRS990/ProgramServiceRevenueGrp/ExclusionAmt29840
IRS990/ProgramServiceRevenueGrp/ExclusionAmt36000
IRS990/ProgramServiceRevenueGrp/ExclusionAmt41391
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt075000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111162
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt36000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41391
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0158939
IRS990/PYInvestmentIncomeAmt0132361
IRS990/PYOtherExpensesAmt0166834
IRS990/PYOtherRevenueAmt0-3290
IRS990/PYProgramServiceRevenueAmt082355
IRS990/PYRevenuesLessExpensesAmt0110217
IRS990/PYSalariesCompEmpBnftPaidAmt093314
IRS990/PYTotalExpensesAmt0260148
IRS990/PYTotalRevenueAmt0370365
IRS990/ReconcilationRevenueExpnssAmt010307
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt011938
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0104721
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0308455
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0373252
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt0190664
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt012605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012605
IRS990ScheduleD/LandGrp/BookValueAmt067331
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067331
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01000
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt074184
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROPERTY HELD FOR DEVELOPMENT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-7593
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018476
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010883
IRS990ScheduleD/TotalBookValueLandBuildingsAmt073343
IRS990ScheduleD/TotalBookValueOtherAssetsAmt074184
IRS990ScheduleD/TotalBookValueSecuritiesAmt0190664
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FEDERAL FORM 990 IS AVAILABLE FOR REVIEW AT THE BOARD MEETING PRIOR TO SUBMITTION TO THE GOVERNMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR HAS AN ANNUAL REVIEW CONDUCTED BY THE PRESIDENT OF THE ORGANIZATION ALONG WITH INPUT FROM THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EMPLOYEES HAVE ANNUAL REVIEWS CONDUCTED BY THE EXECUTIVE DIRECTOR WITH INPUT FROM THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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