Civic Intelligence

Adams County Development Corporation

990EZ • Fiscal year 2017 • EIN 45-0404932

Jan 01, 2017 to Dec 31, 2017 • Filed on Apr 19, 2018

PO Box 1323Hettinger, ND 58639

(701) 567-2531

Siviq Scores

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

Liabilities / Assets

70th percentile

0.07x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

80th percentile

0.12x

Higher debt load relative to revenue than 80% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

96th percentile

44%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

83rd percentile

28%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

86th percentile

28%

Faster revenue growth than 86% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$169,317

Up $37,010 (+28%) from 2016

Net Assets

Up

$158,138

Up $40,920 (+35%) from 2016

Liabilities

Down

$11,179

Down $3,910 (-26%) from 2016

Revenue

Up

$93,050

Up $20,329 (+28%) from 2016

Expenses

Down

$52,130

Down $6,161 (-11%) from 2016

Net Income

Up

$40,920

Up $26,490 (+184%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $117,480Liabilities 2011: $31,7952011Assets 2012: $119,294Liabilities 2012: $28,670Net Assets 2012: $90,6242012Assets 2013: $126,120Liabilities 2013: $25,437Net Assets 2013: $100,6832013Assets 2014: $122,140Liabilities 2014: $22,002Net Assets 2014: $100,1382014Assets 2015: $121,637Liabilities 2015: $18,849Net Assets 2015: $102,7882015Assets 2016: $132,307Liabilities 2016: $15,089Net Assets 2016: $117,2182016Assets 2017: $169,317Liabilities 2017: $11,179Net Assets 2017: $158,1382017Assets 2018: $229,540Liabilities 2018: $7,429Net Assets 2018: $222,1112018

Highlighted filing

2017

Assets$169,317
Liabilities$11,179
Net Assets$158,138

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $71,212Expenses 2011: $59,427Net Income 2011: $11,7852011Revenue 2012: $70,348Expenses 2012: $65,409Net Income 2012: $4,9392012Revenue 2013: $63,653Expenses 2013: $53,594Net Income 2013: $10,0592013Revenue 2014: $58,999Expenses 2014: $59,544Net Income 2014: -$5452014Revenue 2015: $66,754Expenses 2015: $64,104Net Income 2015: $2,6502015Revenue 2016: $72,721Expenses 2016: $58,291Net Income 2016: $14,4302016Revenue 2017: $93,050Expenses 2017: $52,130Net Income 2017: $40,9202017Revenue 2018: $135,438Expenses 2018: $71,465Net Income 2018: $63,9732018

Highlighted filing

2017

Revenue$93,050
Expenses$52,130
Net Income$40,920
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 19, 2018
Return Version
2017v2.3
Gross Receipts
$96,602
Mission and Program Overview

Mission

Providing assistance to new and existing businesses in adams county. Coordinating efforts of other groups and individuals for the economic benefit of the county and developing and coordinating education efforts.

Program Services

DescriptionGrantsExpenses
PROVIDING ASSISTANCE TO NEW AND EXISTING BUSINESSES IN ADAMS COUNTY.--
PROVIDING ASSISTANCE TO NEW AND EXISTING BUSINESSES IN ADAMS COUNTY.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT SHAHANDirector-$0--
JASMIN FOSHEIMSecretary-$0--
MAGNUS MEIERDirector-$0--
RICHARD WYMANDirector-$0--
KATHY VLIEMDirector-$0--
LARRY JACKSONDirector-$0--
MELANA HOWEPresident-$0--
DUSTY LAUFERDirector-$0--
TREVOR WOLFFDirector-$0--
JOSH RANUMDirector-$0--
JAMES LINDQUISTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Adams County Development
EIN
45-0404932
Address
PO BOX 1323, HETTINGER, ND 58639

Signing Officer

Name
Jasmin Fosheim
Title
Secretary
Signed
2018-04-19

Preparer

Firm
Haley J Evans
Address
123 S MAIN ST, HETTINGER, ND 58639-7032
Preparer
Haley J Evans
Phone
7015672856
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other income 15,149 building space 6,480 reimbursement 394 interest income 99 total 22,122

Form 990-ez, Part I, Line 16

Non-investment depreciation 465 expenses payroll & property taxes 2,159 travel 396 miscellaneous 198 memberships & sponsors 500 office supplies 964 legal & professional 911 supplies 1,366 meeting expenses 4,237 advertising & promotion 1,035 non-investment depreciation 3,164 total 15,395

Form 990-ez, Part II, Line 24

126,728 136,741 less accumulated depreciation 57,129 60,758 total 69,599 75,983

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 15,089 11,179

Form 990-ez, Part III

Providing assistance to new and existing businesses in adams county. Coordinating efforts of other groups and individuals for the economic benefit of the county and developing and coordinating education efforts.

Form 990-ez, Part III, Line 31

Providing assistance to new and existing businesses in adams county.

Raw XML Appendix151 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ADAMS COUNTY DEVELOPMENT CORP
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0ADAMS COUNTY DEVELOPMENT CORP
IRS990EZ/BooksInCareOfDetail/PhoneNum07015672531
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1323
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0PO BOX 1323
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HETTINGER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd058639
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0117218
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JASMIN FOSHEIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MAGNUS MEIER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICHARD WYMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KATHY VLIEM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LARRY JACKSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MELANA HOWE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DUSTY LAUFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8TREVOR WOLFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JOSH RANUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10JAMES LINDQUIST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt069599
IRS990EZ/OtherAssetsTotalDetail/EOYAmt075983
IRS990EZ/OtherExpensesTotalAmt015395
IRS990EZ/OtherRevenueTotalAmt022122
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING ASSISTANCE TO NEW AND EXISTING BUSINESSES IN ADAMS COUNTY. COORDINATING EFFORTS OF OTHER GROUPS AND INDIVIDUALS FOR THE ECONOMIC BENEFIT OF THE COUNTY AND DEVELOPING AND COORDINATING EDUCATION EFFORTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDING ASSISTANCE TO NEW AND EXISTING BUSINESSES IN ADAMS COUNTY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDING ASSISTANCE TO NEW AND EXISTING BUSINESSES IN ADAMS COUNTY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt025380
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011179
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt052130
IRS990EZ/TotalRevenueAmt093050
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER INCOME 15,149 BUILDING SPACE 6,480 REIMBURSEMENT 394 INTEREST INCOME 99 TOTAL 22,122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NON-INVESTMENT DEPRECIATION 465 EXPENSES PAYROLL & PROPERTY TAXES 2,159 TRAVEL 396 MISCELLANEOUS 198 MEMBERSHIPS & SPONSORS 500 OFFICE SUPPLIES 964 LEGAL & PROFESSIONAL 911 SUPPLIES 1,366 MEETING EXPENSES 4,237 ADVERTISING & PROMOTION 1,035 NON-INVESTMENT DEPRECIATION 3,164 TOTAL 15,395
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2126,728 136,741 LESS ACCUMULATED DEPRECIATION 57,129 60,758 TOTAL 69,599 75,983
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNSECURED NOTES AND LOANS PAYABLE 15,089 11,179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDING ASSISTANCE TO NEW AND EXISTING BUSINESSES IN ADAMS COUNTY. COORDINATING EFFORTS OF OTHER GROUPS AND INDIVIDUALS FOR THE ECONOMIC BENEFIT OF THE COUNTY AND DEVELOPING AND COORDINATING EDUCATION EFFORTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROVIDING ASSISTANCE TO NEW AND EXISTING BUSINESSES IN ADAMS COUNTY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JASMIN FOSHEIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ADAMS COUNTY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0ADAM
ReturnHeader/Filer/EIN0450404932
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1323
ReturnHeader/Filer/USAddress/CityNm0HETTINGER
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-04-27
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm013:51:13
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HALEY J EVANS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0123 S MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HETTINGER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0586397032
ReturnHeader/PreparerPersonGrp/PhoneNum07015672856
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HALEY J EVANS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-04-27T12:51:13-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings