Civic Intelligence

Washburn Area Economic Development

990EZ • Fiscal year 2021 • EIN 45-0417281

Jan 01, 2021 to Dec 31, 2021 • Filed on Feb 03, 2022

Organization Profile
PO Box 608Washburn, ND 58577-0608

(701) 462-3801

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $57,864 (-100%) from 2020

Net Assets

Down

$0

Down $57,864 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$150K$100K$50K$0Assets 2010: $97,418Liabilities 2010: $0Net Assets 2010: $97,4182010Assets 2011: $100,831Liabilities 2011: $0Net Assets 2011: $100,8312011Assets 2012: $78,850Liabilities 2012: $0Net Assets 2012: $78,8502012Assets 2013: $143,277Liabilities 2013: $0Net Assets 2013: $143,2772013Assets 2014: $77,774Liabilities 2014: $0Net Assets 2014: $77,7742014Assets 2015: $77,295Liabilities 2015: $0Net Assets 2015: $77,2952015Assets 2016: $105,541Liabilities 2016: $0Net Assets 2016: $105,5412016Assets 2017: $104,553Liabilities 2017: $0Net Assets 2017: $104,5532017Assets 2018: $115,234Liabilities 2018: $0Net Assets 2018: $115,2342018Assets 2019: $45,738Liabilities 2019: $0Net Assets 2019: $45,7382019Assets 2020: $57,864Liabilities 2020: $0Net Assets 2020: $57,8642020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2010: $60,439Expenses 2010: $28,542Net Income 2010: $31,8972010Revenue 2011: $70,849Expenses 2011: $67,436Net Income 2011: $3,4132011Revenue 2012: $23,988Expenses 2012: $45,969Net Income 2012: -$21,9812012Revenue 2013: $84,999Expenses 2013: $20,572Net Income 2013: $64,4272013Revenue 2014: $8,057Expenses 2014: $73,560Net Income 2014: -$65,5032014Revenue 2015: $5,506Expenses 2015: $5,985Net Income 2015: -$4792015Revenue 2016: $55,260Expenses 2016: $27,014Net Income 2016: $28,2462016Revenue 2017: $169,189Expenses 2017: $170,177Net Income 2017: -$9882017Revenue 2018: $111,698Expenses 2018: $101,017Net Income 2018: $10,6812018Revenue 2019: $55,624Expenses 2019: $125,120Net Income 2019: -$69,4962019Revenue 2020: $16,733Expenses 2020: $4,607Net Income 2020: $12,1262020

Latest loaded filing

2020

Revenue$16,733
Expenses$4,607
Net Income$12,126
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Feb 3, 2022
Return Version
2021v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

Economic dev for washburn nd

Program Services

DescriptionGrantsExpenses
WAEDA ACHIEVEMENTS WERE TO ENHANCE THE COMMUNITY BY PROMOTING THE RETENTION AND EXPANSION OF THE LOCAL BUSINESS COMMUNITY.--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONNA SOMMERTreasurer-$0--
TANA LARSENSecretary-$0--
RICHARD PERKEREWICZVice-Pres-$0--
TONY THORESONPresident-$0--
MARK LELMDirector-$0--
Filing and Contact Details

Filer

Filer Name
Washburn Area Economic Development
EIN
45-0417281
Address
PO BOX 608, WASHBURN, ND 58577-0608

Signing Officer

Name
Tony Thoreson
Title
President
Phone
7014623801
Signed
2022-02-03
Discuss with paid preparer
Yes

Preparer

Firm
Hetletved CPA
Address
PO BOX 1106, WASHBURN, ND 58577-1106
Preparer
Gavin Hetletved
Phone
7014623376
Supplemental Narrative

Additional Explanations

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

“Description amountmerged into successor organization (57,864)”

Description of other assets Part II line 24

“Category beginning of year end of yearbusiness improvement loan 26,753 0”

Raw XML Appendix135 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DONNA SOMMER
IRS990EZ/BooksInCareOfDetail/PhoneNum07014623801
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01416 NORTHGATE ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WASHBURN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd058577
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt031111
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt057864
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt057864
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt057864
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DONNA SOMMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TANA LARSEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RICHARD PERKEREWICZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3TONY THORESON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARK LELM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-PRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt026753
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-57864
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ECONOMIC DEV FOR WASHBURN ND
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WAEDA ACHIEVEMENTS WERE TO ENHANCE THE COMMUNITY BY PROMOTING THE RETENTION AND EXPANSION OF THE LOCAL BUSINESS COMMUNITY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0true
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0MERGED INTO A SUCCESSOR ORGANIZATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-12-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0844375185
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt057864
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0506C6
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0WASHBURN LIFE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0PO BOX 608
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0WASHBURN
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0ND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd0585770608
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0TONY THORESON, PRESIDENT OF SUCCESSOR ORGANIZATIONRICHARD PERKEREWICZ, VICE PRESIDENT OF SUCCESSOR ORGANIZATIONDONNA SOMMER, TREASURER OF SUCCESSOR ORGANIZATIONMARK LELM, DIRECTOR OF SUCCESSOR ORGANIZATION
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Listed persons relations (Part I, line 2e or Part II, line 2e)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTMERGED INTO SUCCESSOR ORGANIZATION (57,864)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CATEGORY BEGINNING OF YEAR END OF YEARBUSINESS IMPROVEMENT LOAN 26,753 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other changes in net assets or fund balances Part I line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TONY THORESON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07014623801
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WASHBURN AREA ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0WASH
ReturnHeader/Filer/EIN0450417281
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 608
ReturnHeader/Filer/USAddress/CityNm0WASHBURN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd0585770608
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0481280253
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HETLETVED CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1106
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHBURN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0585771106
ReturnHeader/PreparerPersonGrp/PhoneNum07014623376
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GAVIN HETLETVED
ReturnHeader/ReturnTs02022-03-01T18:38:36-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TONY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0THORESON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
-
Expenses
-
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.17$0.05$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$0.56$1.25$0.69
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.00$1.15$1.12$1.01$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.00$1.05$1.69$1.70$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.00$1.06$0.55$0.27$0.28
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.00$0.77$0.06$0.06$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.08$0.74$0.66
2013Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$0.85$0.21$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.24$0.46$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.00$1.01$0.71$0.67$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$0.60$0.29$0.32