Civic Intelligence

Underwood Area Economic Development Corporation

990EZ • Fiscal year 2014 • EIN 45-0421611

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

Organization ProfileN/A
PO Box 168Underwood, ND 58576

(701) 442-9455

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 2014

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2014

Net Margin

28th percentile

-3.7%

Higher net margin than 28% of similar nonprofits.

2014 filings • NTEE S20 • <$500k nonprofits • Source year 2014

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2014 filings • NTEE S20 • <$500k nonprofits • Source year 2014

Asset Growth

29th percentile

-5.8%

Faster asset growth than 29% of similar nonprofits.

2014 filings • NTEE S20 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

36th percentile

-6.9%

Faster revenue growth than 36% of similar nonprofits.

2014 filings • NTEE S20 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$70,587

Down $4,335 (-5.8%) from 2013

Net Assets

$70,587

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin28th percentile

Revenue

Down

$117,979

Down $8,733 (-6.9%) from 2013

Expenses

Up

$122,314

Up $3,784 (+3.2%) from 2013

Net Income

Down

-$4,335

Down $12,517 (-153%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$80K$60K$40K$20K$0Assets 2011: $78,565Liabilities 2011: $02011Assets 2012: $66,740Liabilities 2012: $02012Assets 2013: $74,922Liabilities 2013: $02013Assets 2014: $70,587Net Assets 2014: $70,5872014Assets 2015: $72,956Net Assets 2015: $72,9562015Assets 2016: $43,355Net Assets 2016: $43,3552016Assets 2017: $24,230Net Assets 2017: $24,2302017Assets 2018: $22,397Liabilities 2018: $0Net Assets 2018: $22,3972018Assets 2019: $19,530Liabilities 2019: $0Net Assets 2019: $19,5302019Assets 2020: $27,249Liabilities 2020: $0Net Assets 2020: $27,2492020Assets 2021: $27,068Liabilities 2021: $0Net Assets 2021: $27,0682021Assets 2022: $23,793Liabilities 2022: $0Net Assets 2022: $23,7932022Assets 2023: $22,448Liabilities 2023: $0Net Assets 2023: $22,4482023Assets 2024: $18,796Liabilities 2024: $0Net Assets 2024: $18,7962024Assets 2025: $12,232Liabilities 2025: $0Net Assets 2025: $12,2322025

Highlighted filing

2014

Assets$70,587
Liabilities-
Net Assets$70,587
Open 2014 Filing

Operations Trend

Revenue Growth36th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $115,748Expenses 2011: $101,289Net Income 2011: $14,4592011Revenue 2012: $108,881Expenses 2012: $120,706Net Income 2012: -$11,8252012Revenue 2013: $126,712Expenses 2013: $118,530Net Income 2013: $8,1822013Revenue 2014: $117,979Expenses 2014: $122,314Net Income 2014: -$4,3352014Revenue 2015: $73,239Expenses 2015: $70,870Net Income 2015: $2,3692015Revenue 2016: $39,306Expenses 2016: $68,907Net Income 2016: -$29,6012016Revenue 2017: $58,019Expenses 2017: $77,144Net Income 2017: -$19,1252017Revenue 2018: $47,843Expenses 2018: $49,058Net Income 2018: -$1,2152018Revenue 2019: $5,006Expenses 2019: $15,343Net Income 2019: -$10,3372019Revenue 2020: $11,000Expenses 2020: $3,281Net Income 2020: $7,7192020Revenue 2021: $3,106Expenses 2021: $3,287Net Income 2021: -$1812021Revenue 2022: $109Expenses 2022: $3,384Net Income 2022: -$3,2752022Revenue 2023: $352Expenses 2023: $1,697Net Income 2023: -$1,3452023Revenue 2024: $503Expenses 2024: $4,155Net Income 2024: -$3,6522024Revenue 2025: $97Expenses 2025: $6,661Net Income 2025: -$6,5642025

Highlighted filing

2014

Revenue$117,979
Expenses$122,314
Net Income-$4,335
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$117,979
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

The purpose of the underwood area economic development corporation is to provide a dynamic atmosphere that allows our businesses to prosper and provide the highest quality of life for the families of our community and the surrounding area.

Program Services

DescriptionGrantsExpenses
TO PROMOTE, ENCOURAGE AND ASSIST THE DEVELOPMENT AND ADVANCEMENT OF EXISTING AND NEW BUSINESS PROSPERITY IN THE UNDERWOOD AREA WHICH IN TURN MAINTAINS ECONOMIC WELL BEING OF THE UNDERWOOD COMMUNTIY.$92,472-
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRANDT DICKDirector-$0--
MARTIN DAHLDirector-$0--
DIANE SCHELLTreasurer-$0--
JOSEPH FLEISCHMANNPresident-$0--
TALESA HEGERSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Underwood Area Economic Development
EIN
45-0421611
Address
PO BOX 168, UNDERWOOD, ND 58576

Signing Officer

Name
Joseph Fleischmann
Title
President
Signed
2015-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Capital Accounting Services Pc
Address
3811 LOCKPORT STREET, BISMARCK, ND 58503-5576
Preparer
Daniel W Raak
Phone
7012240102
Supplemental Narrative

Additional Explanations

Other Revenue.1

“MISCELLANEOUS $487”

Other Expenses.1001

“Advertising and Promotion $1512”

Other Expenses.1002

“Office Expenses $2068”

Other Expenses.1009

“Depreciation $461”

Other Expenses.1012

“Insurance $1496”

Other Expenses.1

“PROJECT EXPENSE $26894”

Other Expenses.2

“Membership dues paid $1461”

Other Assets.1003

“Machinery and Equipment - Beginning $1153 Machinery and Equipment - Ending $692”

Other Assets.1004

“Miscellaneous - Beginning $5429 Miscellaneous - Ending $5429”

Raw XML Appendix128 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/PersonNm0WENDY SPENCER
IRS990EZ/BooksInCareOfDetail/PhoneNum07014429455
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1076
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MANDAN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd058554
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt068340
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt064466
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IRS990EZ/ContributionsGiftsGrantsEtcAmt02775
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4335
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt038688
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt074922
IRS990EZ/NetAssetsOrFundBalancesEOYAmt070587
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRANDT DICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARTIN DAHL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DIANE SCHELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOSEPH FLEISCHMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TALESA HEGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06582
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06121
IRS990EZ/OtherExpensesTotalAmt033892
IRS990EZ/OtherRevenueTotalAmt0487
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE UNDERWOOD AREA ECONOMIC DEVELOPMENT CORPORATION IS TO PROVIDE A DYNAMIC ATMOSPHERE THAT ALLOWS OUR BUSINESSES TO PROSPER AND PROVIDE THE HIGHEST QUALITY OF LIFE FOR THE FAMILIES OF OUR COMMUNITY AND THE SURROUNDING AREA.
IRS990EZ/ProgramServiceRevenueAmt0114717
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE, ENCOURAGE AND ASSIST THE DEVELOPMENT AND ADVANCEMENT OF EXISTING AND NEW BUSINESS PROSPERITY IN THE UNDERWOOD AREA WHICH IN TURN MAINTAINS ECONOMIC WELL BEING OF THE UNDERWOOD COMMUNTIY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt092472
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt028381
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0122314
IRS990EZ/TotalProgramServiceExpensesAmt092472
IRS990EZ/TotalRevenueAmt0117979
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS $487
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $1512
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $2068
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $461
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $1496
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROJECT EXPENSE $26894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MEMBERSHIP DUES PAID $1461
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Machinery and Equipment - Beginning $1153 Machinery and Equipment - Ending $692
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Miscellaneous - Beginning $5429 Miscellaneous - Ending $5429
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Assets.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1004
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH FLEISCHMANN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0UNDERWOOD AREA ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0UNDE
ReturnHeader/Filer/EIN0450421611
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 168
ReturnHeader/Filer/USAddress/CityNm0UNDERWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd058576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAPITAL ACCOUNTING SERVICES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03811 LOCKPORT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BISMARCK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0585035576
ReturnHeader/PreparerPersonGrp/PhoneNum07012240102
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIEL W RAAK
ReturnHeader/ReturnTs02015-11-13T12:47:39-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$70,587
Liabilities
-
Net assets
$70,587
Revenue
$117,979
Expenses
$122,314
Net income
-$4,335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.00$0.07$0.07
2024Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.01$0.04$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.00$0.02$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.00$0.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.03$0.03$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.11$0.03$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.05$0.15$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.48$0.49$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.58$0.77$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.43$0.39$0.69$0.30
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.73$0.73$0.71$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.71$1.18$1.22$0.04
2013Summary only. Only limited summary data is available for this year.$0.75$0.00$1.27$1.19$0.08
2012Summary only. Only limited summary data is available for this year.$0.67$0.00$1.09$1.21$0.12
2011Summary only. Only limited summary data is available for this year.$0.79$0.00$1.16$1.01$0.14