Civic Intelligence

Lewis and Clark Regional Council and Development

990 • Fiscal year 2020 • EIN 45-0315325

Oct 01, 2019 to Sep 30, 2020 • Filed on Feb 12, 2021

200 1st Ave NWMandan, ND 58554

(701) 667-7620

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.69x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

13.83x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Net Margin

18th percentile

-8.4%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

45th percentile

$67,382

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Source year 2020

Asset Growth

18th percentile

-3.0%

Faster asset growth than 18% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-10.0%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)4 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$13,951,228

Down $431,787 (-3.0%) from 2019

Net Assets

Down

$4,330,838

Down $58,563 (-1.3%) from 2019

Liabilities

Down

$9,620,390

Down $373,224 (-3.7%) from 2019

Revenue

Down

$695,774

Down $77,025 (-10.0%) from 2019

Expenses

Up

$754,337

Up $13,608 (+1.8%) from 2019

Net Income

Down

-$58,563

Down $90,633 (-283%) from 2019

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $4,824,041Liabilities 2010: $2,313,512Net Assets 2010: $2,510,5292010Assets 2011: $4,831,975Liabilities 2011: $2,217,238Net Assets 2011: $2,614,7372011Assets 2012: $5,172,904Liabilities 2012: $2,494,120Net Assets 2012: $2,678,7842012Assets 2013: $9,791,803Liabilities 2013: $6,375,211Net Assets 2013: $3,416,5922013Assets 2014: $14,917,046Liabilities 2014: $10,547,129Net Assets 2014: $4,369,9172014Assets 2015: $14,973,674Liabilities 2015: $10,462,038Net Assets 2015: $4,511,6362015Assets 2016: $15,131,782Liabilities 2016: $10,380,374Net Assets 2016: $4,751,4082016Assets 2017: $15,473,099Liabilities 2017: $10,310,704Net Assets 2017: $5,162,3952017Assets 2018: $14,546,018Liabilities 2018: $9,141,766Net Assets 2018: $5,404,2522018Assets 2019: $14,383,015Liabilities 2019: $9,993,614Net Assets 2019: $4,389,4012019Assets 2020: $13,951,228Liabilities 2020: $9,620,390Net Assets 2020: $4,330,8382020Assets 2021: $17,588,483Liabilities 2021: $13,030,092Net Assets 2021: $4,558,3912021Assets 2022: $18,717,550Liabilities 2022: $13,401,688Net Assets 2022: $5,315,8622022Assets 2023: $27,965,253Liabilities 2023: $13,646,822Net Assets 2023: $14,318,4312023Assets 2024: $33,191,508Liabilities 2024: $13,606,367Net Assets 2024: $19,585,1412024

Highlighted filing

2020

Assets$13,951,228
Liabilities$9,620,390
Net Assets$4,330,838

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $396,2772010Revenue 2011: $464,772Expenses 2011: $360,564Net Income 2011: $104,2082011Expenses 2012: $547,3462012Revenue 2013: $1,351,307Expenses 2013: $613,499Net Income 2013: $737,8082013Revenue 2014: $1,618,443Expenses 2014: $665,118Net Income 2014: $953,3252014Revenue 2015: $989,952Expenses 2015: $848,233Net Income 2015: $141,7192015Revenue 2016: $779,188Expenses 2016: $539,416Net Income 2016: $239,7722016Revenue 2017: $1,080,743Expenses 2017: $669,755Net Income 2017: $410,9882017Revenue 2018: $875,388Expenses 2018: $633,531Net Income 2018: $241,8572018Revenue 2019: $772,799Expenses 2019: $740,729Net Income 2019: $32,0702019Revenue 2020: $695,774Expenses 2020: $754,337Net Income 2020: -$58,5632020Revenue 2021: $1,116,838Expenses 2021: $889,285Net Income 2021: $227,5532021Revenue 2022: $1,727,360Expenses 2022: $969,889Net Income 2022: $757,4712022Revenue 2023: $9,915,787Expenses 2023: $913,218Net Income 2023: $9,002,5692023Revenue 2024: $6,163,848Expenses 2024: $897,138Net Income 2024: $5,266,7102024

Highlighted filing

2020

Revenue$695,774
Expenses$754,337
Net Income-$58,563
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Feb 12, 2021
Return Version
2019v5.0
Gross Receipts
$695,774
Mission and Program Overview

Mission

The lcrdc offers a variety of programs and services to foster economic growth and community development. The lcrdc helps local governments, organizations, businesses, and individuals access federal, state, and other funding sources to enhance employment and business opportunities, maintain and improve infrastructure and public services, rehabilitate housing, and develop plans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$5,381,874$7,750,887▲ $2,369,013
Other Notes and Loans Receivable, Net$8,920,019$6,121,861▼ $2,798,158
Rtn Earn Endowment Incm Other Fnds$4,389,401$4,330,838▼ $58,563
Accounts Receivable$39,887$21,543▼ $18,344
Land, Buildings, and Equipment, Net$1,463$1,156▼ $307
Cash and Non-Interest-Bearing Accounts$75$75→ $0
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$14,383,015$13,951,228▼ $431,787
Other Assets Total$39,697$55,706▲ $16,009
Liabilities
Unsecured Notes Loans Payable$8,388,503$8,076,593▼ $311,910
Mortgage Notes Payable Secured by Investment Property$1,527,607$1,440,234▼ $87,373
Other Liabilities$41,133$48,185▲ $7,052
Accounts Payable and Accrued Expenses$36,371$35,443▼ $928
Deferred Revenue-$19,935-
Total Liabilities$9,993,614$9,620,390▼ $373,224
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,389,401$4,330,838▼ $58,563
Total Liabilities and Net Assets / Fund Balance$14,383,015$13,951,228▼ $431,787

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,156$8,634$9,790
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brent EkstromExecutive DirecPT$44,880$22,502$67,382

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$229,543
Program Service Revenue
$385,097
Investment Income
$81,134
Other Revenue
$0
Change in Net Assets
$-58,563

Audited Revenue Reconciliation

Revenue per Audited Statements
$695,774
Total Revenue per Audited Statements
$695,774
Total Revenue per Form 990
$695,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$507,316
Other Expenses$247,021
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$272,302$55,773-$328,075
Other Employee Benefits$56,084$11,487-$67,571
Current Officers, Directors, Trustees, and Key Employees$52,684$10,791-$63,475
Fees for Services Accounting$25,958$5,317-$31,275
Pension Plan Contributions$20,385$4,175-$24,560
Payroll Taxes$19,617$4,018-$23,635
Fees for Services Other$18,282$3,744-$22,026
Occupancy$17,347$3,553-$20,900
Office Expenses$12,475$2,556-$15,031
Interest$14,518--$14,518
Information Technology$9,086$1,861-$10,947
Travel$9,031$1,850-$10,881
Advertising$8,091$1,657-$9,748
Insurance$4,827$989-$5,816
Other Expenses$1,095--$1,095
All Other Expenses$402$82-$484
Depreciation Depletion$255$52-$307
Total Functional Expenses$646,432$107,905$0$754,337

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$754,337
Total Expenses per Audited Statements$754,337
Total Expenses per Form 990$754,337
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Leave Payable$48,185
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Line 11B: Form 990 Review Process

Form 990 will be e-mailed to the joint finance committee for review prior to filing. The 990 is also e-mailed to all board members for review.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Board members are required to complete conflict of interest forms annually. If a conflict or appearance of a conflict arises, the board member is required to abstain from voting on any action affected by the conflict.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The board approves the executive director compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The board approves the budget for staffing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents available at the entity's office or will be mailed or e-mailed upon request.

Filing and Contact Details

Filer

Filer Name
Lewis and Clark Regional Development
EIN
45-0315325
Phone
7016677620
Address
200 1ST AVE NW, MANDAN, ND 58554

Signing Officer

Name
Brent Ekstrom
Title
Executive Director
Signed
2021-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Ekstrom
Formed
1969
Legal Domicile
Nd
Voting Board Members
33
Independent Board Members
33
Employees
6
Volunteers
33

Preparer

Firm
Haga Kommer Ltd
Address
204 E MAIN STREET, MANDAN, ND 58554
Preparer
Lynnell Rude
Phone
7016639345
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Direc
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECR/TREAS
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$33.2$13.6$19.6$6.16$0.90$5.27
2023Detailed filing. Detailed filing data is available for this year.$28.0$13.6$14.3$9.92$0.91$9.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.7$13.4$5.32$1.73$0.97$0.76
2021Detailed filing. Detailed filing data is available for this year.$17.6$13.0$4.56$1.12$0.89$0.23
2020Detailed filing. Detailed filing data is available for this year.$14.0$9.62$4.33$0.70$0.75$0.06
2019Detailed filing. Detailed filing data is available for this year.$14.4$9.99$4.39$0.77$0.74$0.03
2018Detailed filing. Detailed filing data is available for this year.$14.5$9.14$5.40$0.88$0.63$0.24
2017Detailed filing. Detailed filing data is available for this year.$15.5$10.3$5.16$1.08$0.67$0.41
2016Summary only. Only limited summary data is available for this year.$15.1$10.4$4.75$0.78$0.54$0.24
2015Detailed filing. Detailed filing data is available for this year.$15.0$10.5$4.51$0.99$0.85$0.14
2014Detailed filing. Detailed filing data is available for this year.$14.9$10.5$4.37$1.62$0.67$0.95
2013Detailed filing. Detailed filing data is available for this year.$9.79$6.38$3.42$1.35$0.61$0.74
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$2.49$2.68$0.55
2011Summary only. Only limited summary data is available for this year.$4.83$2.22$2.61$0.46$0.36$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$2.31$2.51$0.40