Civic Intelligence

Tioga Area Economic Development Corporation

990EZ • Fiscal year 2018 • EIN 45-0424487

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 20, 2019

PO Box 93Tioga, ND 58852-0093

(701) 664-8330

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-152%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

6th percentile

-53%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

48th percentile

-0.7%

Faster revenue growth than 48% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$176,070

Down $198,458 (-53%) from 2017

Net Assets

Down

$176,070

Down $198,458 (-53%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$130,176

Down $923 (-0.7%) from 2017

Expenses

Up

$328,634

Up $236,272 (+256%) from 2017

Net Income

Down

-$198,458

Down $237,195 (-612%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $18,162Liabilities 2010: $02010Assets 2013: $32,294Liabilities 2013: $02013Assets 2014: $425,212Net Assets 2014: $425,2122014Assets 2016: $335,791Liabilities 2016: $0Net Assets 2016: $335,7912016Assets 2017: $374,528Liabilities 2017: $0Net Assets 2017: $374,5282017Assets 2018: $176,070Liabilities 2018: $0Net Assets 2018: $176,0702018Assets 2019: $190,567Liabilities 2019: $0Net Assets 2019: $190,5672019Assets 2020: $220,246Liabilities 2020: $0Net Assets 2020: $220,2462020Assets 2021: $196,327Liabilities 2021: $0Net Assets 2021: $196,3272021Assets 2022: $91,837Liabilities 2022: $0Net Assets 2022: $91,8372022Assets 2023: $146,640Liabilities 2023: $0Net Assets 2023: $146,6402023Assets 2024: $133,492Liabilities 2024: $0Net Assets 2024: $133,4922024

Highlighted filing

2018

Assets$176,070
Liabilities$0
Net Assets$176,070

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $4,235Expenses 2010: $3,512Net Income 2010: $7232010Revenue 2013: $49,621Expenses 2013: $29,704Net Income 2013: $19,9172013Revenue 2014: $2,925Expenses 2014: $3,635Net Income 2014: -$7102014Revenue 2016: $404,894Expenses 2016: $75,406Net Income 2016: $329,4882016Revenue 2017: $131,099Expenses 2017: $92,362Net Income 2017: $38,7372017Revenue 2018: $130,176Expenses 2018: $328,634Net Income 2018: -$198,4582018Revenue 2019: $199,945Expenses 2019: $185,448Net Income 2019: $14,4972019Revenue 2020: $167,641Expenses 2020: $137,962Net Income 2020: $29,6792020Revenue 2021: $146,745Expenses 2021: $170,664Net Income 2021: -$23,9192021Revenue 2022: $196,987Expenses 2022: $301,477Net Income 2022: -$104,4902022Revenue 2023: $140,687Expenses 2023: $85,884Net Income 2023: $54,8032023Revenue 2024: $49,448Expenses 2024: $62,596Net Income 2024: -$13,1482024

Highlighted filing

2018

Revenue$130,176
Expenses$328,634
Net Income-$198,458
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 20, 2019
Return Version
2018v3.1
Gross Receipts
$130,176
Mission and Program Overview

Mission

Promoting and expanding the economy of tioga by working with the private sector to generate jobs and strengthen the economy by attracting business expansion and helping the established businesses that call tioga home.

Program Services

DescriptionGrantsExpenses
THE TIOGA AREA DEVELOPMENT CORPORATION, ALONG WITH THE CITY OF TIOGA, IS INVOLVED IN BUILDING THE TIOGA COMMUNITY CENTER.$219,673$219,673
THIS YEAR THE TIOGA AREA ECONOMIC DEVELOPMENT CORPORATION CONTINUED IMPROVING THE LOTS ON MAIN STREET AND HELD THE TECH & DRONE CAMP FOR KIDS. TAEDC PROVIDED THE TOURIST GUIDE FROM GOOGLE MAPS TO TAKE PHOTOS OF LOCAL BUSINESSES AND UPDATE THEIR MAPPING INFORMATION ON THE WEBSITE.$12,000$108,961
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID GRUBBDirector-$0--
DAVID RUSTDirector-$0--
DAN LARSONDirector-$0--
JUDY ODEGAARDDirector-$0--
CHRIS NORGAARDPresident/Treasurer-$0--
ANGELA SCHEPPVice President-$0--
JAMIE ERAASSecretary-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Tioga Area Economic Development
EIN
45-0424487
Phone
7016648330
Address
PO BOX 93, TIOGA, ND 58852-0093

Signing Officer

Name
Chris Norgaard
Title
President
Phone
7016648330
Signed
2019-08-20
Discuss with paid preparer
Yes

Preparer

Firm
Lee Suess LLC
Address
PO BOX 1387, WILLISTON, ND 58802-1387
Preparer
Erin Olson CPA
Phone
7015772157
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: other grants/allocations. Grantee name: various. Grantee relationship: none. Property description: other cash donations. Amount given: 12,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: community building project. Grantee name: city of tioga. Grantee relationship: none. Property description: other cash donations. Amount given: 219,673. Total included on form 990-ez, line 10: 231,673.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1,217. Description: other expenses. Amount: 7,607. Total to form 990-ez, line 14: 8,824.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: drone camp. Amount: 20,456. Description: insurance. Amount: 1,560. Description: miscellaneous. Amount: 4,028. Total to form 990-ez, line 16: 26,044.

Form 990-ez, Part II, Line 24 - Other Assets

Description: main street lot improvements. Beg. Of year amount: 36,983. End of year amount: 36,983. Description: other depreciable assets. Beg. Of year amount: 12,118. End of year amount: 16,901.

Raw XML Appendix157 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRIS NORGAARD
IRS990EZ/BooksInCareOfDetail/PhoneNum07016648330
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06498 105TH AVE NW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TIOGA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ND
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0588520891
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0325427
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0122186
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0128176
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-198458
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt056167
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0374528
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0176070
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0231673
IRS990EZ/GrossReceiptsAmt0130176
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt0200
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0374528
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0176070
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0374528
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0176070
IRS990EZ/OccupancyRentUtltsAndMaintAmt08824
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID GRUBB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID RUST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAN LARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JUDY ODEGAARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHRIS NORGAARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ANGELA SCHEPP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JAMIE ERAAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt049101
IRS990EZ/OtherAssetsTotalDetail/EOYAmt053884
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt026044
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTING AND EXPANDING THE ECONOMY OF TIOGA BY WORKING WITH THE PRIVATE SECTOR TO GENERATE JOBS AND STRENGTHEN THE ECONOMY BY ATTRACTING BUSINESS EXPANSION AND HELPING THE ESTABLISHED BUSINESSES THAT CALL TIOGA HOME.
IRS990EZ/PrintingPublicationsPostageAmt05926
IRS990EZ/ProgramServiceRevenueAmt01800
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THIS YEAR THE TIOGA AREA ECONOMIC DEVELOPMENT CORPORATION CONTINUED IMPROVING THE LOTS ON MAIN STREET AND HELD THE TECH & DRONE CAMP FOR KIDS. TAEDC PROVIDED THE TOURIST GUIDE FROM GOOGLE MAPS TO TAKE PHOTOS OF LOCAL BUSINESSES AND UPDATE THEIR MAPPING INFORMATION ON THE WEBSITE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE TIOGA AREA DEVELOPMENT CORPORATION, ALONG WITH THE CITY OF TIOGA, IS INVOLVED IN BUILDING THE TIOGA COMMUNITY CENTER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt012000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt1219673
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0108961
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1219673
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SubjectToProxyTaxInd01
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0328634
IRS990EZ/TotalProgramServiceExpensesAmt0328634
IRS990EZ/TotalRevenueAmt0130176
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: OTHER GRANTS/ALLOCATIONS. GRANTEE NAME: VARIOUS. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: OTHER CASH DONATIONS. AMOUNT GIVEN: 12,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: COMMUNITY BUILDING PROJECT. GRANTEE NAME: CITY OF TIOGA. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: OTHER CASH DONATIONS. AMOUNT GIVEN: 219,673. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 231,673.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEPRECIATION. AMOUNT: 1,217. DESCRIPTION: OTHER EXPENSES. AMOUNT: 7,607. TOTAL TO FORM 990-EZ, LINE 14: 8,824.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DRONE CAMP. AMOUNT: 20,456. DESCRIPTION: INSURANCE. AMOUNT: 1,560. DESCRIPTION: MISCELLANEOUS. AMOUNT: 4,028. TOTAL TO FORM 990-EZ, LINE 16: 26,044.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: MAIN STREET LOT IMPROVEMENTS. BEG. OF YEAR AMOUNT: 36,983. END OF YEAR AMOUNT: 36,983. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 12,118. END OF YEAR AMOUNT: 16,901.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS NORGAARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07016648330
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TIOGA AREA ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0TIOG
ReturnHeader/Filer/EIN0450424487
ReturnHeader/Filer/PhoneNum07016648330
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 93
ReturnHeader/Filer/USAddress/CityNm0TIOGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ND
ReturnHeader/Filer/USAddress/ZIPCd0588520093
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId06B8217055176192668D8B6D9DEA5107E6DCC1C39
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06B8217055176192668D8B6D9DEA5107E6DCC1C39
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02019-08-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:28:40
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0822449762
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEE SUESS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1387
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILLISTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0588021387
ReturnHeader/PreparerPersonGrp/PhoneNum07015772157
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN OLSON CPA
ReturnHeader/ReturnTs02019-09-18T17:08:24-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings