Liabilities / Assets
29th percentile
Higher debt load relative to assets than 29% of similar nonprofits.
990 • Fiscal year 2025 • EIN 42-1525819
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
29th percentile
Higher debt load relative to assets than 29% of similar nonprofits.
Liabilities / Revenue
40th percentile
Higher debt load relative to revenue than 40% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
35th percentile
Higher top officer pay than 35% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
24th percentile
Faster asset growth than 24% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Assets
Down$1,025,699
Down $26,101 (-2.5%) from 2024
Net Assets
Down$1,011,206
Down $26,413 (-2.5%) from 2024
Liabilities
Up$14,493
Up $312 (+2.2%) from 2024
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
Promote economic development and additional housing in the forest city community.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| 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 | - | - |
| Name | Title |
|---|---|
| Luann Scholbrock | President |
| Courtney Wooge | Board Member |
| Daisy Huffman | Board Member |
| Darwin Lehmann | Board Member |
| Dave Arndt | Board Member |
| Dave Kingland | Board Member |
| Dave Siegrist | Board Member |
| Dennis Busta | Board Member |
| Eric Kingland | Board Member |
| Gary Mccarthy | Board Member |
| Holly Brink | Board Member |
| Isaac Tuttle | Board Member |
| Jared Schnebly | Board Member |
| Laila Wright | Board Member |
| Lynn Hagenson | Board Member |
| Mark Thoma | Board Member |
| Pat Lovik | Board Member |
| Rick Skjeie | Board Member |
| Ron Holland | Board Member |
| Ron Lichtsinn | Board Member |
| Terry Durby | Board Member |
| Tony Mikes | Board Member |
| Cindy Carter | Secretary |
| Chad Lunning | Treasurer |
| Bob Alsop | Vice Preside |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Various manufacturers bank & trust members president normal banking relationship”
“The federal form 990 is available for review at the board meeting prior to submittion to the government.”
“The executive director has an annual review conducted by the president of the organization along with input from the board of directors.”
“Employees have annual reviews conducted by the executive director with input from the board of directors.”
“Governing documents will be provided to public upon request to executive director or any board member.”
“Promote business development in the city of forest city.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 14181 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 14493 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | PROMOTE ECONOMIC DEVELOPMENT AND ADDITIONAL HOUSING IN THE FOREST CITY COMMUNITY. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 48216 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 48216 |
| IRS990/AllOtherContributionsAmt | 0 | 194479 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 267 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 267 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | BETH BILYEU |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6415855560 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 145 S CLARK |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | FOREST CITY |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 50436 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 123719 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 127869 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 598 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 2393 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 2991 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 194479 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 885 |
| IRS990/CYOtherExpensesAmt | 0 | 108035 |
| IRS990/CYOtherRevenueAmt | 0 | -5254 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 34436 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -26413 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 142924 |
| IRS990/CYTotalExpensesAmt | 0 | 250959 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 14738 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 224546 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | PROMOTE BUSINESS DEVELOPMENT AND CREATE ADDITIONAL HOUSING IN THE FOREST CITY COMMUNITY. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 275860 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 259696 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/ExpenseAmt | 0 | 176326 |
| IRS990/FamilyOrBusinessRlnInd | 0 | true |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 14439 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14439 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 390 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 390 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 17 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 18 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 21 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 22 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 23 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 24 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BOB ALSOP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DAVE ARNDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | HOLLY BRINK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DENNIS BUSTA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CINDY CARTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | TERRY DURBY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | LYNN HAGENSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | RON HOLLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | DAISY HUFFMAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DAVE KINGLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | ERIC KINGLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | DARWIN LEHMANN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | RON LICHTSINN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | PAT LOVIK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | CHAD LUNNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | GARY MCCARTHY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | TONY MIKES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | JARED SCHNEBLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | LUANN SCHOLBROCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | DAVE SIEGRIST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | RICK SKJEIE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | MARK THOMA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | ISAAC TUTTLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | COURTNEY WOOGE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | LAILA WRIGHT |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2002 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 26 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 227080 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 13795 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 26 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 843 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 7583 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 8426 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 26 |
| IRS990/InterestGrp/TotalAmt | 0 | 26 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 885 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 885 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 340051 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 336387 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 24427 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 68117 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 67392 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 91819 |
| IRS990/LegalDomicileStateCd | 0 | IA |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 2534 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | PROMOTE ECONOMIC DEVELOPMENT AND ADDITIONAL HOUSING IN THE FOREST CITY COMMUNITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1037619 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 1011206 |
| IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt | 0 | 11261 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 11261 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 761759 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 751510 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 6840 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 6840 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 445 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1112 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 9286 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 10843 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 63779 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 51173 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 1077 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 3230 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 6459 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 10766 |
| IRS990/OtherExpensesGrp/Desc | 0 | COMM. SPONSORSHIP & STUDI |
| IRS990/OtherExpensesGrp/Desc | 1 | AGENCY SUPPORT |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES & SUBSCRIPTION |
| IRS990/OtherExpensesGrp/Desc | 3 | BANK CHARGES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 9004 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 4600 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 1061 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 332 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 9004 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 4600 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 1061 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 332 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | NORTH CENTRAL IA RAIL CORR |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | FCWF HOUSING |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | WESTOWN PLACE, LLC K-1 INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 28 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | -1155 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 2 | -15388 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 28 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | -1155 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | -15388 |
| IRS990/OtherRevenueTotalAmt | 0 | -16515 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 11250 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 33750 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 67501 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 112501 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 172408 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 175405 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 883 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2648 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 5295 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 8826 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 1083 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 3249 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 6499 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 10831 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 7866 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 7777 |
| IRS990/PrincipalOfficerNm | 0 | LUANN SCHOLBROCK |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | MANAGEMENT FEE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MOTEL TAX |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | MISCELLANEOUS INCOME |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 18000 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 14945 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1491 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 18000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 14945 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 1491 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | PROMOTE BUSINESS DEVELOPMENT IN THE CITY OF FOREST CITY. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 26 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 187694 |
| IRS990/PYInvestmentIncomeAmt | 0 | 1358 |
| IRS990/PYOtherExpensesAmt | 0 | 104555 |
| IRS990/PYOtherRevenueAmt | 0 | 4052 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 40626 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -3438 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 132613 |
| IRS990/PYTotalExpensesAmt | 0 | 237168 |
| IRS990/PYTotalRevenueAmt | 0 | 233730 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -26413 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 11261 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | true |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 34436 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 275860 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 259696 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt | 0 | 336387 |
| IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 12605 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 12605 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 67331 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 67331 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 1000 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 1000 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | -13544 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 24427 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 10883 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 67392 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 336387 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PROMOTE BUSINESS DEVELOPMENT IN THE CITY OF FOREST CITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VARIOUS MANUFACTURERS BANK & TRUST MEMBERS PRESIDENT NORMAL BANKING RELATIONSHIP |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FEDERAL FORM 990 IS AVAILABLE FOR REVIEW AT THE BOARD MEETING PRIOR TO SUBMITTION TO THE GOVERNMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE EXECUTIVE DIRECTOR HAS AN ANNUAL REVIEW CONDUCTED BY THE PRESIDENT OF THE ORGANIZATION ALONG WITH INPUT FROM THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | EMPLOYEES HAVE ANNUAL REVIEWS CONDUCTED BY THE EXECUTIVE DIRECTOR WITH INPUT FROM THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | GOVERNING DOCUMENTS WILL BE PROVIDED TO PUBLIC UPON REQUEST TO EXECUTIVE DIRECTOR OR ANY BOARD MEMBER. |
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Displayed year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.