Civic Intelligence

Union County Development Associatio

990 • Fiscal year 2021 • EIN 42-6075535

Jan 01, 2021 to Dec 31, 2021 • Filed on Jan 29, 2022

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

57th percentile

0.19x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

84th percentile

0.61x

Higher debt load relative to revenue than 84% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

30th percentile

3.4%

Higher net margin than 30% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

31st percentile

$75,917

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 21.4% of source-year revenue.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

16th percentile

-1.5%

Faster asset growth than 16% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

83rd percentile

44%

Faster revenue growth than 83% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,155,437

Down $17,856 (-1.5%) from 2020

Net Assets

Up

$939,224

Up $12,352 (+1.3%) from 2020

Liabilities

Down

$216,213

Down $30,208 (-12%) from 2020

Revenue

Up

$354,327

Up $108,387 (+44%) from 2020

Expenses

Up

$342,210

Up $126,682 (+59%) from 2020

Net Income

Down

$12,117

Down $18,295 (-60%) from 2020

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

2021

Assets$1,155,437
Liabilities$216,213
Net Assets$939,224

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

2021

Revenue$354,327
Expenses$342,210
Net Income$12,117
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jan 29, 2022
Return Version
2021v4.0
Gross Receipts
$364,504
Mission and Program Overview

Mission

Industrial, retail & tourism promotion

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,112,841$1,072,346▼ $40,495
Savings and Temporary Cash Investments$23,375$33,588▲ $10,213
Cash and Non-Interest-Bearing Accounts$11,669$23,603▲ $11,934
Investments Program Related$20,086$20,086→ $0
Total Assets$1,173,293$1,155,437▼ $17,856
Other Assets Total$5,322$5,814▲ $492
Liabilities
Mortgage Notes Payable Secured by Investment Property$224,303$195,520▼ $28,783
Other Liabilities$17,118$20,693▲ $3,575
Unsecured Notes Loans Payable$5,000--
Total Liabilities$246,421$216,213▼ $30,208
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$906,872$919,224▲ $12,352
Net Assets With Donor Restrictions$20,000$20,000→ $0
Total Net Assets Fund Balance$926,872$939,224▲ $12,352
Total Liabilities and Net Assets / Fund Balance$1,173,293$1,155,437▼ $17,856

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$990,195$324,549$1,314,744
Land$82,151-$82,151
Compensation and Service Providers

Employees

NameTitleBaseTotal
Wayne PantiniExec Director$75,917$75,917

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$174,254
Program Service Revenue
$29,830
Investment Income
$47
Other Revenue
$150,196
All Other Contributions
$134,695
Change in Net Assets
$12,117
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,869
Salaries, Compensation, and Employee Benefits$129,341
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---$75,917
Occupancy---$56,379
Depreciation Depletion---$48,892
Other Salaries and Wages---$44,233
Insurance---$20,173
All Other Expenses---$9,890
Payroll Taxes---$9,191
Office Expenses---$7,107
Other Expenses---$5,043
Advertising---$3,217
Fees for Services Accounting---$1,957
Conferences and Meetings---$1,660
Interest---$173
Total Functional Expenses$0$0$0$342,210
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$7,947
Prepaid Rent$6,250
Security Deposits$2,800
Fica / Medicare Tax Payable$1,543
Iowa W/h Payable$1,316
Federal W/h Payable$921
Futa Payable$-84
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 gabe carroll leslie wurster scott coen chad malmanger maggie mcgehee chad rieck tj stalker jean weisshaar jamie david

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
2022-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Fuller
Voting Board Members
21
Independent Board Members
21
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

Prior period adjustment 235

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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/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05322
IRS990/OtherAssetsTotalGrp/EOYAmt05814
IRS990/OtherChangesInNetAssetsAmt0235
IRS990/OtherExpensesGrp/Desc0PROJECTS/PROGRAMS
IRS990/OtherExpensesGrp/Desc1CONSULTANTS
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc3PROPERTY TAX EXPENSE
IRS990/OtherExpensesGrp/TotalAmt035947
IRS990/OtherExpensesGrp/TotalAmt114563
IRS990/OtherExpensesGrp/TotalAmt27868
IRS990/OtherExpensesGrp/TotalAmt35043
IRS990/OtherLiabilitiesGrp/BOYAmt017118
IRS990/OtherLiabilitiesGrp/EOYAmt020693
IRS990/OtherSalariesAndWagesGrp/TotalAmt044233
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt09191
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0PAUL FULLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LEAD UC INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL PROJECT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2UCYP REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3ROUNDHOUSE PROGAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc4OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018580
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt18000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21550
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018580
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt18000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4500
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SEE ABOVE
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0161779
IRS990/PYInvestmentIncomeAmt0-12907
IRS990/PYOtherExpensesAmt091885
IRS990/PYOtherRevenueAmt093203
IRS990/PYProgramServiceRevenueAmt03865
IRS990/PYRevenuesLessExpensesAmt030412
IRS990/PYSalariesCompEmpBnftPaidAmt0123643
IRS990/PYTotalExpensesAmt0215528
IRS990/PYTotalRevenueAmt0245940
IRS990/ReconcilationRevenueExpnssAmt012117
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0150196
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt023375
IRS990/SavingsAndTempCashInvstGrp/EOYAmt033588
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0990195
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0324549
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01314744
IRS990ScheduleD/LandGrp/BookValueAmt082151
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt082151
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31543
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41316
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5921
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt6-84
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REAL ESTATE TAXES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3FICA / MEDICARE TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4IOWA W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5FEDERAL W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6FUTA PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01072346
IRS990ScheduleD/TotalLiabilityAmt020693
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 GABE CARROLL LESLIE WURSTER SCOTT COEN CHAD MALMANGER MAGGIE MCGEHEE CHAD RIECK TJ STALKER JEAN WEISSHAAR JAMIE DAVID
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR WILL REVIEW AND APPROVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PRIOR PERIOD ADJUSTMENT 235
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/TotalAssetsBOYAmt01173293
IRS990/TotalAssetsEOYAmt01155437
IRS990/TotalAssetsGrp/BOYAmt01173293
IRS990/TotalAssetsGrp/EOYAmt01155437
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0174254
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0342210
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0246421
IRS990/TotalLiabilitiesEOYAmt0216213
IRS990/TotalLiabilitiesGrp/BOYAmt0246421
IRS990/TotalLiabilitiesGrp/EOYAmt0216213
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0926872
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0939224
IRS990/TotalProgramServiceRevenueAmt029830
IRS990/TotalReportableCompFromOrgAmt075917
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0180073
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0354327
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01173293
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01155437
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt05000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0301 W MONTGOMERY ST
IRS990/USAddress/CityNm0CRESTON
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050801
IRS990/VotingMembersGoverningBodyCnt021
IRS990/VotingMembersIndependentCnt021
IRS990/WebsiteAddressTxt0WWW.UNIONCOUNTYIOWA.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL FULLER

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
2021Detailed filing. Detailed filing data is available for this year.$1.16$0.22$0.94$0.35$0.34$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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