Civic Intelligence

Hubbard Economic Development Corp

EIN 42-1526509 • 501(c)6 • Hubbard, IA

990-N Coverage

Profile

ECONOMIC DEVELOPMENT

PO Box 69Hubbard, IA 50122

n/A

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$260,704

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$260,704

No earlier filing loaded for comparison.

Operations

Revenue

$14,586

No earlier filing loaded for comparison.

Expenses

$12,425

No earlier filing loaded for comparison.

Net Income

$2,161

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2021: $260,704Net Assets 2021: $260,7042021

Highlighted filing

2021

Assets$260,704
Liabilities-
Net Assets$260,704
Open 2021 Filing

Operations Trend

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

$15K$10K$5.0K$0Revenue 2021: $14,586Expenses 2021: $12,425Net Income 2021: $2,1612021

Highlighted filing

2021

Revenue$14,586
Expenses$12,425
Net Income$2,161
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$260,704
Liabilities
-
Net assets
$260,704
Revenue
$14,586
Expenses
$12,425
Net income
$2,161
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$2.61$2.61$0.15$0.12$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$14,586
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Program Services

DescriptionGrantsExpenses
LEASE PROPERTY AT DISCOUNT TO ASSIST LOCAL BUSINESS$0$11,929
ISSUE ECONOMIC DEVELOPMENT LOANS$0$496
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARSHALL SIMMERMANDirector & VP-$0--
KAY HELDDirector-$0--
DENNIS KIELSMEIERDirector-$0--
ERIC ANDERSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Hubbard Economic Development Corp
EIN
42-1526509
Phone
6418642244
Address
PO BOX 69, HUBBARD, IA 50122

Signing Officer

Name
Marshall Simmerman
Title
Vice President
Phone
6418642244
Signed
2022-11-15

Preparer

Firm
Craig Smith & Cutler Llp
Address
PO BOX 431, ELDORA, IA 50627
Preparer
Lawrence B Cutler
Phone
6419395475
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“TAXES AND LICENSES 8680.”

Form 990EZ, Part I, Line 20

“Interest expense adjustment 36.”

Form 990EZ, Part I, Line 20

“Book keeper adjustment 15.”

Form 990EZ, Part II, Line 24

“Notes receivable 119263. 119263.”

Form 990EZ, Part II, Line 24

“Other l/t receivables 11866. 7816.”

Form 990EZ, Part II, Line 24

“ROUNDING 1.”

Raw XML Appendix136 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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IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR & VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
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IRS990EZ/ProgramServiceRevenueAmt014400
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IRS990EZ/TotalExpensesAmt012425
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IRS990EZ/TotalRevenueAmt014586
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAXES AND LICENSES 8680.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INTEREST EXPENSE ADJUSTMENT 36.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOK KEEPER ADJUSTMENT 15.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NOTES RECEIVABLE 119263. 119263.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING 1.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part II, Line 24
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06418642244
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
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ReturnHeader/Filer/PhoneNum06418642244
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
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ReturnHeader/ReturnTs02022-11-15T15:39:06-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARSHALL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIMMERMAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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