Civic Intelligence

Region V Community Development Corporation

990 • Fiscal year 2019 • EIN 45-0435966

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 17, 2020

3233 South University DriveFargo, ND 58104

(701) 232-2452

Siviq Scores

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

Liabilities / Assets

74th percentile

0.58x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

7.62x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Net Margin

15th percentile

-42%

Higher net margin than 15% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

40th percentile

$159,547

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 32.1% of source-year revenue.

2019 filings • NTEE S • $5M-$10M nonprofits • Source year 2019

Asset Growth

31st percentile

-2.4%

Faster asset growth than 31% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

84th percentile

37%

Faster revenue growth than 84% of similar nonprofits.

2019 filings • NTEE S • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$6,546,980

Down $157,652 (-2.4%) from 2018

Net Assets

Down

$2,757,674

Down $209,722 (-7.1%) from 2018

Liabilities

Up

$3,789,306

Up $52,070 (+1.4%) from 2018

Revenue

Up

$497,297

Up $134,709 (+37%) from 2018

Expenses

Up

$707,019

Up $189,642 (+37%) from 2018

Net Income

Down

-$209,722

Down $54,933 (-35%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $3,573,415Liabilities 2010: $1,344,409Net Assets 2010: $2,229,0062010Assets 2011: $3,490,711Liabilities 2011: $1,270,139Net Assets 2011: $2,220,5722011Assets 2012: $4,711,234Liabilities 2012: $2,122,859Net Assets 2012: $2,588,3752012Assets 2013: $4,392,608Liabilities 2013: $1,690,139Net Assets 2013: $2,702,4692013Assets 2014: $4,339,055Liabilities 2014: $1,443,192Net Assets 2014: $2,895,8632014Assets 2015: $4,489,185Liabilities 2015: $1,510,033Net Assets 2015: $2,979,1522015Assets 2016: $4,514,746Liabilities 2016: $1,481,561Net Assets 2016: $3,033,1852016Assets 2017: $6,738,306Liabilities 2017: $3,616,121Net Assets 2017: $3,122,1852017Assets 2018: $6,704,632Liabilities 2018: $3,737,236Net Assets 2018: $2,967,3962018Assets 2019: $6,546,980Liabilities 2019: $3,789,306Net Assets 2019: $2,757,6742019Assets 2020: $6,558,913Liabilities 2020: $3,743,843Net Assets 2020: $2,815,0702020Assets 2021: $6,633,842Liabilities 2021: $3,649,512Net Assets 2021: $2,984,3302021Assets 2022: $7,180,362Liabilities 2022: $4,060,650Net Assets 2022: $3,119,7122022Assets 2023: $8,432,447Liabilities 2023: $4,900,451Net Assets 2023: $3,531,9962023Assets 2024: $8,847,847Liabilities 2024: $5,335,783Net Assets 2024: $3,512,0642024

Highlighted filing

2019

Assets$6,546,980
Liabilities$3,789,306
Net Assets$2,757,674

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $350,0292010Expenses 2011: $345,1042011Expenses 2012: $304,3342012Revenue 2013: $403,044Expenses 2013: $288,950Net Income 2013: $114,0942013Revenue 2014: $497,610Expenses 2014: $304,216Net Income 2014: $193,3942014Revenue 2015: $406,312Expenses 2015: $323,023Net Income 2015: $83,2892015Revenue 2016: $411,875Expenses 2016: $357,842Net Income 2016: $54,0332016Revenue 2017: $561,070Expenses 2017: $398,071Net Income 2017: $162,9992017Revenue 2018: $362,588Expenses 2018: $517,377Net Income 2018: -$154,7892018Revenue 2019: $497,297Expenses 2019: $707,019Net Income 2019: -$209,7222019Revenue 2020: $534,902Expenses 2020: $477,506Net Income 2020: $57,3962020Revenue 2021: $680,437Expenses 2021: $511,177Net Income 2021: $169,2602021Revenue 2022: $573,178Expenses 2022: $437,796Net Income 2022: $135,3822022Revenue 2023: $663,614Expenses 2023: $511,380Net Income 2023: $152,2342023Revenue 2024: $657,935Expenses 2024: $844,200Net Income 2024: -$186,2652024

Highlighted filing

2019

Revenue$497,297
Expenses$707,019
Net Income-$209,722
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 17, 2020
Return Version
2019v5.1
Gross Receipts
$497,297
Mission and Program Overview

Mission

The Region V Community Development Corporation has a principal purpose of planning, developing, owning, and managing affordable housing projects in southeastern North Dakota. These projects benefit lower income households, which are households with an annual income that does not exceed 80 percent of the county median income level.

Planning, developing, owning, and managing affordable housing projects in southeastern ND.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,325,164$3,190,439▼ $134,725
Other Notes and Loans Receivable, Net$1,309,894$1,109,894▼ $200,000
Investments Program Related$914,299$408,987▼ $505,312
Savings and Temporary Cash Investments$363,510$386,206▲ $22,696
Prepaid Expenses and Deferred Charges$21,871$24,439▲ $2,568
Accounts Receivable$10,008$2,668▼ $7,340
Total Assets$6,704,632$6,546,980▼ $157,652
Other Assets Total$759,886$1,424,347▲ $664,461
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,415,853$3,487,130▲ $71,277
Unsecured Notes Loans Payable$258,828$245,524▼ $13,304
Accounts Payable and Accrued Expenses$25,880$24,712▼ $1,168
Other Liabilities$25,764$17,314▼ $8,450
Escrow Account Liability$10,911$14,626▲ $3,715
Total Liabilities$3,737,236$3,789,306▲ $52,070
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,967,396$2,757,674▼ $209,722
Total Net Assets Fund Balance$2,967,396$2,757,674▼ $209,722
Total Liabilities and Net Assets / Fund Balance$6,704,632$6,546,980▼ $157,652

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,054,779$1,135,201$4,189,980
Equipment$28,064$113,809$141,873
Land$74,883-$74,883
Other Land Buildings$32,713$32,383$65,096
Investment Program Related Org$408,987--
Other Assets Org$524,768--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lacey PlanteenCorporate AccountantFT$17,410$55,719$73,129
James KappelExecutive DirectorPT$36,375$5,246$41,621

Board Members and Trustees

NameTitle
Jerry EricksonPresident
Raymon NelsonVice President
Cheri JahnerDirector
Trilby LawrensonDirector
Vicki GrovenSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$494,600
Investment Income
$2,697
Other Revenue
$0
Change in Net Assets
$-209,722
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$643,409
Salaries, Compensation, and Employee Benefits$63,610
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$134,726--$134,726
Occupancy$82,558--$82,558
Interest$74,520--$74,520
Current Officers, Directors, Trustees, and Key Employees$24,344$36,986-$61,330
Other Expenses$56,865--$56,865
Insurance$44,369--$44,369
Advertising$12,086--$12,086
Fees for Services Other-$10,498-$10,498
Fees for Services Accounting-$9,971-$9,971
All Other Expenses-$8,801-$8,801
Office Expenses-$5,796-$5,796
Payroll Taxes$2,280--$2,280
Travel$397--$397
Total Functional Expenses$634,967$72,052$0$707,019
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Special Assessments Payable$17,314
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Corporation shall have one Member, the Southeastern North Dakota Community Action Agency (SENDCAA).

Form 990, Part VI, Section A, line 7A

The Corporation's member shall have the right to designate directors.

Form 990, Part VI, Section A, line 7B

The Corporation's member shall have the right to vote on matters such as mergers or consolidations and on any election to dissolve the corporation. The member may also vote on the adoption, amendment, or repeal of the Corporation's Articles of Incorporation.

Form 990, Part VI, Section A, line 8B

There are no committees with the authority to act on behalf of the board.

Form 990, Part VI, Section B, line 11B

A draft of the Form 990 will be provided to the Board of Directors for their review and comment prior to IRS filing.

Form 990, Part VI, Section B, line 12C

The board members and employees are required to comply with a conflict of interest policy. Any potential conflicts are reviewed by the nonconflicting board or committee members. If it is determined that a conflict exists the conflicting board member is recused from voting on that issue.

Form 990, Part VI, Section B, line 15A

The compensation is based on the Southeastern North Dakota Community Action Agency's compensation plan, a related entity. The market salary is determined yearly by budget and comparison of salaries in similar markets. The salary is then set and Consumer Price Index adjustments are made annually if funds are available. Review, approval, and documentation by independent persons is completed.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Region V Community Development
EIN
45-0435966
Phone
7012322452
Address
3233 South University Drive, Fargo, ND 58104

Signing Officer

Name
James Kappel
Title
Executive Director
Phone
7012322452
Signed
2020-09-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Kappel
Formed
1994
Legal Domicile
Nd
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
5

Preparer

Firm
Eide Bailly LLP
Address
1730 Burnt Boat Loop Ste 100, Bismarck, ND 58503-0886
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

The Corporation holds tenant security deposits. The amount of the liability was $10,911 and $14,626 for 2018 and 2019, respectively.

Part X, Line 2:

The Corporation believes that the entity has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. We would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

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IRS990/Desc0The Region V Community Development Corporation (RVCDC "the Corporation") has a principal purpose of planning, developing, owning, and managing affordable housing projects in southeastern North Dakota. The Corporation develops and manages housing for low income, aged and/or handicapped individuals and their families across the state of North Dakota.The RVCDC has the capacity and experience to develop affordable housing projects. As a developer, the RVCDC performs market analysis, environmental reviews, site selection, feasibility analysis, financial statements, project design, rehabilitation, new construction, marketing, and other functions. Projects developed by the Corporation include the rehabilitation of existing buildings, new construction, and single family developments. RVCDC has developed over 100 units of affordable housing in the communities of Lisbon, Gwinner, Hankinson, Hatton, Milnor, Northwood, Casselton, West Fargo, and Fargo. The type of projects developed include: multifamily rental housing, single family homeownership, and special need housing. After housing projects are developed, the RVCDC becomes involved with the operational phase that includes sales and marketing, leasing, and property management. As a property manager, the RVCDC's goal is to provide all services necessary and customary to ensure the proper management, maintenance, and operation of the housing project. As a housing developer and manager, RVCDC is responsible for making decisions to enhance the performance of a project, extend the economic life of the buildings, and maximize return on asset.The Corporation also owns and operates the following:- Sunset Village - a two-building complex consisting of twelve townhome apartment units in Lisbon, North Dakota.- Valley View First Addition - an investment consisting of residential lots in Lisbon, North Dakota, which are being held for sale.- Early Head Start building - a building owned by the Corporation that is leased by SENDCAA for use as a child development center.- Head Start South building - a building owned by the Corporation that is leased by SENDCAA for use as a child development center.- Fieldstone Manor - an 8 unit residential rental property in Fairmount, North Dakota.- Prairie Pointe- a 17 unit residential rental property in Gwinner, North Dakota.- Grace Village - a two-building complex consisting of twelve townhome apartment units in Hankinson, North Dakota.
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IRS990/MissionDesc0The Region V Community Development Corporation has a principal purpose of planning, developing, owning, and managing affordable housing projects in southeastern North Dakota. These projects benefit lower income households, which are households with an annual income that does not exceed 80 percent of the county median income level.
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01309894
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01109894
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02280
IRS990/PayrollTaxesGrp/TotalAmt02280
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt021871
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt024439
IRS990/PrincipalOfficerNm0James Kappel
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0PS Rent
IRS990/ProgramServiceRevenueGrp/Desc1Low Interest Loans
IRS990/ProgramServiceRevenueGrp/Desc2Management Fees
IRS990/ProgramServiceRevenueGrp/Desc3Related Party Investme
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0293773
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1125240
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt274301
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-29770
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0293773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1125240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt274301
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-29770
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02398
IRS990/PYOtherExpensesAmt0454364
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0360190
IRS990/PYRevenuesLessExpensesAmt0-154789
IRS990/PYSalariesCompEmpBnftPaidAmt063013
IRS990/PYTotalExpensesAmt0517377
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0362588
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-209722
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0494600
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0363510
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0386206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0132516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt011525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt041525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0185566
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02697
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0782
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0816
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015499
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02093022
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79370
IRS990ScheduleA/PublicSupportPY170Pct00.80100
IRS990ScheduleA/PublicSupportTotal170Amt0159587
IRS990ScheduleA/SubstantialContributorsTotAmt025979
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0132516
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt011525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt041525
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0185566
IRS990ScheduleA/TotalSupportAmt0201065
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03054779
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01135201
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04189980
IRS990ScheduleD/EquipmentGrp/BookValueAmt028064
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113809
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0141873
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0408987
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Investment In Related Entities
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt074883
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt074883
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014626
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt171894
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2286250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3526809
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4524768
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant Security Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Other Assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Deferred Interest Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Interest Receivable
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Due from Related Party
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt032713
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt032383
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt065096
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt017314
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Special Assessments Payable
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation holds tenant security deposits. The amount of the liability was $10,911 and $14,626 for 2018 and 2019, respectively.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Corporation believes that the entity has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. We would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03190439
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01424347
IRS990ScheduleD/TotalBookValueProgramRltdAmt0408987
IRS990ScheduleD/TotalLiabilityAmt017314
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt036375
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt096977
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt02352
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09406
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt01625
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt06502
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt01269
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt05075
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0James Kappel
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt041621
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0117960
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The Executive Director is paid by a related organization, Southeastern North Dakota Community Action Agency. The compensation reported from the filing organization is the amount reimbursed by the filing organization to Southeastern North Dakota Community Action Agency for his services provided to the Region V Community Development Corporation.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Corporation shall have one Member, the Southeastern North Dakota Community Action Agency (SENDCAA).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Corporation's member shall have the right to designate directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Corporation's member shall have the right to vote on matters such as mergers or consolidations and on any election to dissolve the corporation. The member may also vote on the adoption, amendment, or repeal of the Corporation's Articles of Incorporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no committees with the authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A draft of the Form 990 will be provided to the Board of Directors for their review and comment prior to IRS filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The board members and employees are required to comply with a conflict of interest policy. Any potential conflicts are reviewed by the nonconflicting board or committee members. If it is determined that a conflict exists the conflicting board member is recused from voting on that issue.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The compensation is based on the Southeastern North Dakota Community Action Agency's compensation plan, a related entity. The market salary is determined yearly by budget and comparison of salaries in similar markets. The salary is then set and Consumer Price Index adjustments are made annually if funds are available. Review, approval, and documentation by independent persons is completed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The governing documents, conflict of interest policy, and financial statements are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0Region V Community Development Corporation
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1Region V Community Development Corporation
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0260750020
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1455379507
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0ND
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1ND
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct11.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Low income housing
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1Low income housing
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0Region V Community Development Corporation No 1
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1Region V Community Development Corporation No 2
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt0251392
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt1-69233
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03233 S University Drive
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt13233 S University Drive
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Fargo

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.85$5.34$3.51$0.66$0.84$0.19
2023Detailed filing. Detailed filing data is available for this year.$8.43$4.90$3.53$0.66$0.51$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.18$4.06$3.12$0.57$0.44$0.14
2021Detailed filing. Detailed filing data is available for this year.$6.63$3.65$2.98$0.68$0.51$0.17
2020Detailed filing. Detailed filing data is available for this year.$6.56$3.74$2.82$0.53$0.48$0.06
2019Detailed filing. Detailed filing data is available for this year.$6.55$3.79$2.76$0.50$0.71$0.21
2018Detailed filing. Detailed filing data is available for this year.$6.70$3.74$2.97$0.36$0.52$0.15
2017Detailed filing. Detailed filing data is available for this year.$6.74$3.62$3.12$0.56$0.40$0.16
2016Detailed filing. Detailed filing data is available for this year.$4.51$1.48$3.03$0.41$0.36$0.05
2015Detailed filing. Detailed filing data is available for this year.$4.49$1.51$2.98$0.41$0.32$0.08
2014Detailed filing. Detailed filing data is available for this year.$4.34$1.44$2.90$0.50$0.30$0.19
2013Detailed filing. Detailed filing data is available for this year.$4.39$1.69$2.70$0.40$0.29$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.71$2.12$2.59$0.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$1.27$2.22$0.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$1.34$2.23$0.35