Civic Intelligence

Leonard Development Corporation

EIN 45-0310521 • 501(c)4 • Leonard, ND

Profile

Provides low income housing to community

15302 52 12 St SELeonard, ND 58052
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

0.75x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

4.47x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

20th percentile

-23%

Higher net margin than 20% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$370,461

Down $72,341 (-16%) from 2017

Liabilities

Up

$276,964

Up $26,686 (+11%) from 2017

Net Assets

$93,497

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue99th percentileNet Margin20th percentile

Revenue

Up

$61,937

Up $8,247 (+15%) from 2017

Expenses

Up

$76,441

Up $29,791 (+64%) from 2017

Net Income

Down

-$14,504

Down $21,544 (-306%) from 2017

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600K$400K$200K$0Assets 2010: $435,924Liabilities 2010: $294,7152010Assets 2011: $440,932Liabilities 2011: $296,0512011Assets 2012: $431,572Liabilities 2012: $280,4662012Assets 2013: $422,030Liabilities 2013: $273,7842013Assets 2014: $423,463Liabilities 2014: $269,1432014Assets 2015: $444,765Liabilities 2015: $262,7512015Assets 2016: $441,334Liabilities 2016: $255,8502016Assets 2017: $442,802Liabilities 2017: $250,2782017Assets 2024: $370,461Liabilities 2024: $276,964Net Assets 2024: $93,4972024

Highlighted filing

2024

Assets$370,461
Liabilities$276,964
Net Assets$93,497
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2010: $67,258Expenses 2010: $39,937Net Income 2010: $27,3212010Revenue 2011: $45,023Expenses 2011: $41,351Net Income 2011: $3,6722011Revenue 2012: $48,068Expenses 2012: $41,843Net Income 2012: $6,2252012Revenue 2013: $41,330Expenses 2013: $44,190Net Income 2013: -$2,8602013Revenue 2014: $50,091Expenses 2014: $44,017Net Income 2014: $6,0742014Revenue 2015: $58,957Expenses 2015: $41,498Net Income 2015: $17,4592015Revenue 2016: $54,420Expenses 2016: $50,950Net Income 2016: $3,4702016Revenue 2017: $53,690Expenses 2017: $46,650Net Income 2017: $7,0402017Revenue 2024: $61,937Expenses 2024: $76,441Net Income 2024: -$14,5042024

Highlighted filing

2024

Revenue$61,937
Expenses$76,441
Net Income-$14,504
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$370,461
Liabilities
$276,964
Net assets
$93,497
Revenue
$61,937
Expenses
$76,441
Net income
-$14,504
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.70$2.77$0.93$0.62$0.76$0.15
2017Summary only. Only limited summary data is available for this year.$4.43$2.50$0.54$0.47$0.07
2016Summary only. Only limited summary data is available for this year.$4.41$2.56$0.54$0.51$0.03
2015Summary only. Only limited summary data is available for this year.$4.45$2.63$0.59$0.41$0.17
2014Summary only. Only limited summary data is available for this year.$4.23$2.69$0.50$0.44$0.06
2013Summary only. Only limited summary data is available for this year.$4.22$2.74$0.41$0.44$0.03
2012Summary only. Only limited summary data is available for this year.$4.32$2.80$0.48$0.42$0.06
2011Summary only. Only limited summary data is available for this year.$4.41$2.96$0.45$0.41$0.04
2010Summary only. Only limited summary data is available for this year.$4.36$2.95$0.67$0.40$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$61,937
Mission and Program Overview

Mission

Provides low income housing to community

Program Services

DescriptionGrantsExpenses
PROVIDES LOW INCOME HOUSING TO COMMUNITY-$0
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ONICA JOHNSONPresident-$0--
TAMMY JOHNSTONVice President-$0--
ALAN CASSEZZABoard Member-$0--
CATHY MCDONALDBoard Member-$0--
RICK GREUELBoard Member-$0--
KIM NESEMEIERSecretarytreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Leonard Development Corporation
EIN
45-0310521
In Care Of
% KIM NESEMEIER
Phone
6052160198
Address
15302 52 12 ST SE, LEONARD, ND 58052

Signing Officer

Name
Kim Nesemeier
Title
Secretary Treasurer
Phone
6052160198
Signed
2025-05-15
Discuss with paid preparer
No

Preparer

Firm
Piper Tax Services
Address
720 FRONT STREET, Casselton, ND 58012
Preparer
David Piper
Phone
7013474363
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountDepreciation from 4562 10,312CONTRACT SERVICES 28,723OFFICE EXPENSE 2,057ADV/FEES 85PAYROLL TAX/WORKFORCE SAFETY 711”

Other changes in net assets or fund balances Part I line 20

“Description AmountCHANGE TO ASSET VALUE TO BALANCE 5,057”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearUSDA NOTES 278,712 276,964”

General explanation attachment

“Land and building value is estimated as prior tax returns are not available.adjusting entry entered to balance based on year ending 2024 balance sheet.”

Raw XML Appendix133 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0KIM NESEMEIER
IRS990EZ/BooksInCareOfDetail/PhoneNum06052160198
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt015302 52 12 ST SE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Leonard
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd058052
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0131330
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IRS990EZ/ContributionsGiftsGrantsEtcAmt04871
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-14504
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0381656
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0370461
IRS990EZ/GrossReceiptsAmt061937
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0819
IRS990EZ/LandAndBuildingsGrp/BOYAmt0250326
IRS990EZ/LandAndBuildingsGrp/EOYAmt0240015
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt025
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0102944
IRS990EZ/NetAssetsOrFundBalancesEOYAmt093497
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0102944
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt093497
IRS990EZ/OccupancyRentUtltsAndMaintAmt028025
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ONICA JOHNSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TAMMY JOHNSTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALAN CASSEZZA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CATHY MCDONALD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RICK GREUEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KIM NESEMEIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARYTREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt05057
IRS990EZ/OtherExpensesTotalAmt041888
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDES LOW INCOME HOUSING TO COMMUNITY
IRS990EZ/ProgramServiceRevenueAmt056222
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES LOW INCOME HOUSING TO COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt06528
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0278712
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0276964
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt076441
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt061937
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountDepreciation from 4562 10,312CONTRACT SERVICES 28,723OFFICE EXPENSE 2,057ADV/FEES 85PAYROLL TAX/WORKFORCE SAFETY 711
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountCHANGE TO ASSET VALUE TO BALANCE 5,057
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearUSDA NOTES 278,712 276,964
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LAND AND BUILDING VALUE IS ESTIMATED AS PRIOR TAX RETURNS ARE NOT AVAILABLE.ADJUSTING ENTRY ENTERED TO BALANCE BASED ON YEAR ENDING 2024 BALANCE SHEET.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3General explanation attachment
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0KIM NESEMEIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06052160198
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LEONARD DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LEON
ReturnHeader/Filer/EIN0450310521
ReturnHeader/Filer/InCareOfNm0% KIM NESEMEIER
ReturnHeader/Filer/PhoneNum06052160198
ReturnHeader/Filer/USAddress/AddressLine1Txt015302 52 12 ST SE
ReturnHeader/Filer/USAddress/CityNm0LEONARD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058052
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0884133074
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PIPER TAX SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0720 FRONT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Casselton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd058012
ReturnHeader/PreparerPersonGrp/PhoneNum07013474363
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID PIPER
ReturnHeader/ReturnTs02025-05-15T19:12:03-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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