Civic Intelligence

Union County Development Associatio

990 • Fiscal year 2020 • EIN 42-6075535

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 24, 2021

301 W MontgomeryCreston, IA 50801

(641) 782-2003

Siviq Scores

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

Liabilities / Assets

59th percentile

0.21x

Higher debt load relative to assets than 59% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

1.00x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

28th percentile

$73,981

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 30.1% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

19th percentile

-5.7%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-28%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,173,293

Down $70,706 (-5.7%) from 2019

Net Assets

Up

$926,872

Up $30,099 (+3.4%) from 2019

Liabilities

Down

$246,421

Down $100,805 (-29%) from 2019

Revenue

Down

$245,940

Down $95,484 (-28%) from 2019

Expenses

Up

$215,528

Up $3,146 (+1.5%) from 2019

Net Income

Down

$30,412

Down $98,630 (-76%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $582,687Liabilities 2011: $238,850Net Assets 2011: $343,8372011Assets 2012: $850,106Liabilities 2012: $377,845Net Assets 2012: $472,2612012Assets 2013: $731,598Liabilities 2013: $242,150Net Assets 2013: $489,4482013Assets 2014: $807,221Liabilities 2014: $286,687Net Assets 2014: $520,5342014Assets 2015: $649,848Liabilities 2015: $118,947Net Assets 2015: $530,9012015Assets 2016: $751,036Liabilities 2016: $205,127Net Assets 2016: $545,9092016Assets 2017: $731,388Liabilities 2017: $186,725Net Assets 2017: $544,6632017Assets 2018: $839,174Liabilities 2018: $71,443Net Assets 2018: $767,7312018Assets 2019: $1,243,999Liabilities 2019: $347,226Net Assets 2019: $896,7732019Assets 2020: $1,173,293Liabilities 2020: $246,421Net Assets 2020: $926,8722020Assets 2021: $1,155,437Liabilities 2021: $216,213Net Assets 2021: $939,2242021Assets 2022: $1,111,285Liabilities 2022: $192,409Net Assets 2022: $918,8762022Assets 2023: $1,174,742Liabilities 2023: $173,448Net Assets 2023: $1,001,2942023Assets 2024: $1,226,674Liabilities 2024: $162,805Net Assets 2024: $1,063,8692024

Highlighted filing

2020

Assets$1,173,293
Liabilities$246,421
Net Assets$926,872

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $157,663Expenses 2011: $142,020Net Income 2011: $15,6432011Revenue 2012: $290,857Expenses 2012: $162,432Net Income 2012: $128,4252012Revenue 2013: $192,708Expenses 2013: $175,526Net Income 2013: $17,1822013Revenue 2014: $209,632Expenses 2014: $178,545Net Income 2014: $31,0872014Revenue 2015: $162,580Expenses 2015: $152,218Net Income 2015: $10,3622015Revenue 2016: $161,505Expenses 2016: $146,499Net Income 2016: $15,0062016Revenue 2017: $184,413Expenses 2017: $185,659Net Income 2017: -$1,2462017Revenue 2018: $423,771Expenses 2018: $200,703Net Income 2018: $223,0682018Revenue 2019: $341,424Expenses 2019: $212,382Net Income 2019: $129,0422019Revenue 2020: $245,940Expenses 2020: $215,528Net Income 2020: $30,4122020Revenue 2021: $354,327Expenses 2021: $342,210Net Income 2021: $12,1172021Revenue 2022: $275,606Expenses 2022: $295,954Net Income 2022: -$20,3482022Revenue 2023: $374,476Expenses 2023: $293,576Net Income 2023: $80,9002023Revenue 2024: $406,693Expenses 2024: $339,180Net Income 2024: $67,5132024

Highlighted filing

2020

Revenue$245,940
Expenses$215,528
Net Income$30,412
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 24, 2021
Return Version
2020v4.0
Gross Receipts
$313,379
Mission and Program Overview

Mission

Industrial, retail & tourism promotion

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,164,248$1,112,841▼ $51,407
Savings and Temporary Cash Investments$13,517$23,375▲ $9,858
Investments Program Related$20,086$20,086→ $0
Cash and Non-Interest-Bearing Accounts$43,366$11,669▼ $31,697
Total Assets$1,243,999$1,173,293▼ $70,706
Other Assets Total$2,782$5,322▲ $2,540
Liabilities
Mortgage Notes Payable Secured by Investment Property$104,700$224,303▲ $119,603
Other Liabilities$15,846$17,118▲ $1,272
Unsecured Notes Loans Payable$226,680$5,000▼ $221,680
Total Liabilities$347,226$246,421▼ $100,805
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$876,773$906,872▲ $30,099
Net Assets With Donor Restrictions$20,000$20,000→ $0
Total Net Assets Fund Balance$896,773$926,872▲ $30,099
Total Liabilities and Net Assets / Fund Balance$1,243,999$1,173,293▼ $70,706

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,030,690$275,657$1,306,347
Land$82,151-$82,151
Compensation and Service Providers

Employees

NameTitleBaseTotal
Wayne PantiniExec Director$73,981$73,981

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$161,779
Program Service Revenue
$3,865
Investment Income
$-12,907
Other Revenue
$93,203
All Other Contributions
$122,221
Change in Net Assets
$30,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$123,643
Other Expenses$91,885
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$114,857
Insurance---$21,658
Occupancy---$20,760
Payroll Taxes---$8,786
All Other Expenses---$6,864
Advertising---$5,545
Office Expenses---$5,531
Other Expenses---$3,259
Fees for Services Accounting---$2,275
Conferences and Meetings---$1,699
Travel---$548
Total Functional Expenses$0$0$0$215,528
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Real Estate Taxes Payable$6,740
Prepaid Rent$5,550
Fica / Medicare Tax Payable$1,466
Iowa W/h Payable$1,295
Security Deposits$1,200
Federal W/h Payable$867
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 7A

New governing body members are nominated by the general public and nominees are voted on by the existing governing body.

Form 990, Page 6, Part VI, Line 9

Paul fuller 301 w montgomery st creston, ia 50801 mike moffitt kevin stewart devon tyler-leith randy huewe marion james rich paulsen monte neitzel melissa driskell francine ide rick firday gay lynn owens sherry parrott gabe carroll leslie wurster scott coen mike rollings jennifer mitchell chad malmanger maggie mcgehee chad rieck tj stalker

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

Executive director will review and approve.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Union County Development Associatio
EIN
42-6075535
Phone
6417822003
Address
301 W MONTGOMERY, CRESTON, IA 50801

Signing Officer

Name
Paul Fuller
Title
President
Phone
6417822003
Signed
2021-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Fuller
Voting Board Members
22
Independent Board Members
22
Employees
2

Preparer

Firm
Dehamer Accounting Services Llp
Address
309 E MONTGOMERY ST, CRESTON, IA 50801
Preparer
Randall G Cook
Phone
6417828421
Supplemental Narrative

Additional Explanations

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

SEE ABOVE

Form 990, Part XI

ROUNDING

Form 990, Part XI, Line 9

Book / tax depreciation difference -313 rounding 0 total -313

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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0224303
IRS990/NetAssetsOrFundBalancesBOYAmt0896773
IRS990/NetAssetsOrFundBalancesEOYAmt0926872
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt093203
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt093203
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0876773
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0906872
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt020760
IRS990/OfficeExpensesGrp/TotalAmt05531
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02782
IRS990/OtherAssetsTotalGrp/EOYAmt05322
IRS990/OtherChangesInNetAssetsAmt0-313
IRS990/OtherExpensesGrp/Desc0PROJECTS/PROGRAMS
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2CONSULTANTS
IRS990/OtherExpensesGrp/Desc3PROPERTY TAX EXPENSE
IRS990/OtherExpensesGrp/TotalAmt010035
IRS990/OtherExpensesGrp/TotalAmt19143
IRS990/OtherExpensesGrp/TotalAmt24568
IRS990/OtherExpensesGrp/TotalAmt33259
IRS990/OtherLiabilitiesGrp/BOYAmt015846
IRS990/OtherLiabilitiesGrp/EOYAmt017118
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt08786
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PAUL FULLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LEAD UC INCOME
IRS990/ProgramServiceRevenueGrp/Desc1UCYP REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03670
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03670
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1195
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SEE ABOVE
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0237860
IRS990/PYInvestmentIncomeAmt08339
IRS990/PYOtherExpensesAmt092323
IRS990/PYOtherRevenueAmt081082
IRS990/PYProgramServiceRevenueAmt014143
IRS990/PYRevenuesLessExpensesAmt0129042
IRS990/PYSalariesCompEmpBnftPaidAmt0120059
IRS990/PYTotalExpensesAmt0212382
IRS990/PYTotalRevenueAmt0341424
IRS990/ReconcilationRevenueExpnssAmt030412
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt093203
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt013517
IRS990/SavingsAndTempCashInvstGrp/EOYAmt023375
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01030690
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0275657
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01306347
IRS990ScheduleD/LandGrp/BookValueAmt082151
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt082151
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15550
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21466
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31295
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5867
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REAL ESTATE TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FICA / MEDICARE TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3IOWA W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5FEDERAL W/H PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01112841
IRS990ScheduleD/TotalLiabilityAmt017118
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NEW GOVERNING BODY MEMBERS ARE NOMINATED BY THE GENERAL PUBLIC AND NOMINEES ARE VOTED ON BY THE EXISTING GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAUL FULLER 301 W MONTGOMERY ST CRESTON, IA 50801 MIKE MOFFITT KEVIN STEWART DEVON TYLER-LEITH RANDY HUEWE MARION JAMES RICH PAULSEN MONTE NEITZEL MELISSA DRISKELL FRANCINE IDE RICK FIRDAY GAY LYNN OWENS SHERRY PARROTT GABE CARROLL LESLIE WURSTER SCOTT COEN MIKE ROLLINGS JENNIFER MITCHELL CHAD MALMANGER MAGGIE MCGEHEE CHAD RIECK TJ STALKER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR WILL REVIEW AND APPROVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOK / TAX DEPRECIATION DIFFERENCE -313 ROUNDING 0 TOTAL -313
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01243999
IRS990/TotalAssetsEOYAmt01173293
IRS990/TotalAssetsGrp/BOYAmt01243999
IRS990/TotalAssetsGrp/EOYAmt01173293
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0161779
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0215528
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0347226
IRS990/TotalLiabilitiesEOYAmt0246421
IRS990/TotalLiabilitiesGrp/BOYAmt0347226
IRS990/TotalLiabilitiesGrp/EOYAmt0246421
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0896773
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0926872
IRS990/TotalProgramServiceRevenueAmt03865
IRS990/TotalReportableCompFromOrgAmt073981
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt084161
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0245940
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01243999
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01173293
IRS990/TravelGrp/TotalAmt0548
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0226680
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt05000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0301 W MONTGOMERY ST
IRS990/USAddress/CityNm0CRESTON
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050801
IRS990/VotingMembersGoverningBodyCnt022
IRS990/VotingMembersIndependentCnt022
IRS990/WebsiteAddressTxt0WWW.UNIONCOUNTYIOWA.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL FULLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.16$1.06$0.41$0.34$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.17$1.00$0.37$0.29$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.19$0.92$0.28$0.30$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.22$0.94$0.35$0.34$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.17$0.25$0.93$0.25$0.22$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.35$0.90$0.34$0.21$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.07$0.77$0.42$0.20$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.19$0.54$0.18$0.19$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.21$0.55$0.16$0.15$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.12$0.53$0.16$0.15$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.81$0.29$0.52$0.21$0.18$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.73$0.24$0.49$0.19$0.18$0.02
2012Summary only. Only limited summary data is available for this year.$0.85$0.38$0.47$0.29$0.16$0.13
2011Summary only. Only limited summary data is available for this year.$0.58$0.24$0.34$0.16$0.14$0.02