Civic Intelligence

Tioga Area Economic Development Corporation

990EZ • Fiscal year 2020 • EIN 45-0424487

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

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

56th percentile

0.00x

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Net Margin

71st percentile

18%

Higher net margin than 71% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

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.

2020 filings • 501(c)4 • <$500k nonprofits • Source year 2020

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-16%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)4 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$220,246

Up $29,679 (+16%) from 2019

Net Assets

Up

$220,246

Up $29,679 (+16%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$167,641

Down $32,304 (-16%) from 2019

Expenses

Down

$137,962

Down $47,486 (-26%) from 2019

Net Income

Up

$29,679

Up $15,182 (+105%) from 2019

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

2020

Assets$220,246
Liabilities$0
Net Assets$220,246

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

2020

Revenue$167,641
Expenses$137,962
Net Income$29,679
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$167,641
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
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.$15,000$18,914
THE TIOGA AREA DEVELOPMENT CORPORATION, ALONG WITH THE CITY OF TIOGA, IS INVOLVED IN BUILDING THE TIOGA COMMUNITY CENTER.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID GRUBBDirector-$0--
JUDY ODEGAARDDirector-$0--
DAN LARSONDirector-$0--
DAVID RUSTDirector-$0--
CHRIS NORGAARDPresident-$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
2021-11-10
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: 15,500.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 1,217. Description: other expenses. Amount: 6,194. Total to form 990-ez, line 14: 7,411.

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

Description: drone camp. Amount: 720. Description: insurance. Amount: 1,577. Description: miscellaneous. Amount: 3,225. Description: property taxes. Amount: 557. Description: web hosting. Amount: 581. Description: advertising. Amount: 146. Description: education/training. Amount: 6,000. Total to form 990-ez, line 16: 12,806.

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: 15,684. End of year amount: 14,467.

Raw XML Appendix148 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/BOYAmt0137900
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0168796
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0165800
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt029679
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0100679
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0190567
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0220246
IRS990EZ/GrantsAndSimilarAmountsPaidAmt015500
IRS990EZ/GrossReceiptsAmt0167641
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0190567
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0220246
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0190567
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0220246
IRS990EZ/OccupancyRentUtltsAndMaintAmt07411
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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID GRUBB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JUDY ODEGAARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAN LARSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DAVID RUST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CHRIS NORGAARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt052667
IRS990EZ/OtherAssetsTotalDetail/EOYAmt051450
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt012806
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/PrintingPublicationsPostageAmt01566
IRS990EZ/ProgramServiceRevenueAmt01841
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.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt018914
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SubjectToProxyTaxInd01
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0137962
IRS990EZ/TotalProgramServiceExpensesAmt018914
IRS990EZ/TotalRevenueAmt0167641
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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: 15,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 1,217. DESCRIPTION: OTHER EXPENSES. AMOUNT: 6,194. TOTAL TO FORM 990-EZ, LINE 14: 7,411.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DRONE CAMP. AMOUNT: 720. DESCRIPTION: INSURANCE. AMOUNT: 1,577. DESCRIPTION: MISCELLANEOUS. AMOUNT: 3,225. DESCRIPTION: PROPERTY TAXES. AMOUNT: 557. DESCRIPTION: WEB HOSTING. AMOUNT: 581. DESCRIPTION: ADVERTISING. AMOUNT: 146. DESCRIPTION: EDUCATION/TRAINING. AMOUNT: 6,000. TOTAL TO FORM 990-EZ, LINE 16: 12,806.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: MAIN STREET LOT IMPROVEMENTS. BEG. OF YEAR AMOUNT: 36,983. END OF YEAR AMOUNT: 36,983. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 15,684. END OF YEAR AMOUNT: 14,467.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS NORGAARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07016648330
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-10
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/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/PreparationDt02021-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ERIN OLSON CPA
ReturnHeader/ReturnTs02021-11-15T14:09:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NORGAARD
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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