Civic Intelligence

Cedcorp Inc C/O Katherine Koskovich

EIN 45-1986995 • 501(c)3 • Correctionville, IA

Pub. 78 Eligible

Profile

Build a grocery store for the community

1856 Highway 31Correctionville, IA 51016

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

44th percentile

-0.1%

Higher net margin than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

52nd percentile

-0.5%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

89th percentile

76%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$16,953

Down $77 (-0.5%) from 2024

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$16,953

Down $77 (-0.5%) from 2024

Operations
Liabilities / RevenueScore unavailableNet Margin44th percentile

Revenue

Up

$57,171

Up $24,671 (+76%) from 2024

Expenses

Up

$57,248

Up $29,786 (+108%) from 2024

Net Income

Down

-$77

Down $5,115 (-102%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2012: $290,845Liabilities 2012: $100,0002012Assets 2013: $168,724Liabilities 2013: $167,3072013Assets 2014: $151,932Liabilities 2014: $151,175Net Assets 2014: $7572014Assets 2015: $139,170Liabilities 2015: $134,718Net Assets 2015: $4,4522015Assets 2016: $123,208Liabilities 2016: $117,928Net Assets 2016: $5,2802016Assets 2017: $143,063Liabilities 2017: $100,799Net Assets 2017: $42,2642017Assets 2018: $160,611Liabilities 2018: $89,838Net Assets 2018: $70,7732018Assets 2019: $148,879Liabilities 2019: $81,177Net Assets 2019: $67,7022019Assets 2020: $139,161Liabilities 2020: $78,242Net Assets 2020: $60,9192020Assets 2021: $11,276Net Assets 2021: $11,2762021Assets 2022: $11,632Net Assets 2022: $11,6322022Assets 2023: $11,997Net Assets 2023: $11,9972023Assets 2024: $17,030Net Assets 2024: $17,0302024Assets 2025: $16,953Net Assets 2025: $16,9532025

Highlighted filing

2025

Assets$16,953
Liabilities-
Net Assets$16,953
Open 2025 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2012: $198,580Expenses 2012: $7,734Net Income 2012: $190,8462012Revenue 2013: $30,170Expenses 2013: $219,598Net Income 2013: -$189,4282013Revenue 2014: $1,807Expenses 2014: $2,467Net Income 2014: -$6602014Revenue 2015: $6,985Expenses 2015: $3,290Net Income 2015: $3,6952015Revenue 2016: $5,560Expenses 2016: $4,732Net Income 2016: $8282016Revenue 2017: $3,3012017Revenue 2018: $47,096Expenses 2018: $18,587Net Income 2018: $28,5092018Revenue 2019: $18,742Expenses 2019: $21,810Net Income 2019: -$3,0682019Revenue 2020: $3,968Expenses 2020: $10,754Net Income 2020: -$6,7862020Revenue 2021: $86,077Expenses 2021: $130,592Net Income 2021: -$44,5152021Revenue 2022: $18,250Expenses 2022: $17,889Net Income 2022: $3612022Revenue 2023: $8,250Expenses 2023: $7,885Net Income 2023: $3652023Revenue 2024: $32,500Expenses 2024: $27,462Net Income 2024: $5,0382024Revenue 2025: $57,171Expenses 2025: $57,248Net Income 2025: -$772025

Highlighted filing

2025

Revenue$57,171
Expenses$57,248
Net Income-$77
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,953
Liabilities
-
Net assets
$16,953
Revenue
$57,171
Expenses
$57,248
Net income
-$77
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.17$0.17$0.57$0.57$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.17$0.17$0.33$0.27$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.08$0.08$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.12$0.18$0.18$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.86$1.31$0.45
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.78$0.61$0.04$0.11$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.49$0.81$0.68$0.19$0.22$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.61$0.90$0.71$0.47$0.19$0.29
2017Detailed filing. Detailed filing data is available for this year.$1.43$1.01$0.42$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.23$1.18$0.05$0.06$0.05$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.39$1.35$0.04$0.07$0.03$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.52$1.51$0.01$0.02$0.02$0.01
2013Summary only. Only limited summary data is available for this year.$1.69$1.67$0.30$2.20$1.89
2012Summary only. Only limited summary data is available for this year.$2.91$1.00$1.99$0.08$1.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Mar 15, 2026
Return Version
2025v4.0
Gross Receipts
$57,171
Mission and Program Overview

Mission

Build a grocery store for the community

Program Services

DescriptionGrantsExpenses
PROMOTE COMMUNITY AND INVESTMENT IN THE COMMUNITY-$16,000
BUILD A GROCERY STORE FOR COMMUNITY--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SANDRA CASTLETreasurer-$0--
WILLIAM FORBESPresident-$0--
Filing and Contact Details

Filer

Filer Name
Cedcorp Inc
EIN
45-1986995
Address
1856 HIGHWAY 31, CORRECTIONVILLE, IA 51016

Signing Officer

Name
William Forbes
Title
President
Phone
7122535479
Signed
2026-03-15

Preparer

Firm
Houlihan & Associates Pc
Address
4240 HICKORY LANE SUITE 100, SIOUX CITY, IA 51106-4642
Preparer
Brian Jensen
Phone
7122553450
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 20

“Note receivable- grocery 0”

Form 990-ez, Part III, Line 31

“Promote community and investment in the community”

Raw XML Appendix114 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/PersonNm0KATHERINE KOSKOVICH
IRS990EZ/BooksInCareOfDetail/PhoneNum07122535479
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01856 HIGHWAY 31
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CORRECTIONVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd051016
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017030
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016953
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt057171
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-77
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt057248
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt017030
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016953
IRS990EZ/GrossReceiptsAmt057171
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt017030
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016953
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt017030
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016953
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SANDRA CASTLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILLIAM FORBES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BUILD A GROCERY STORE FOR THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BUILD A GROCERY STORE FOR COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROMOTE COMMUNITY AND INVESTMENT IN THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt057248
IRS990EZ/TotalProgramServiceExpensesAmt016000
IRS990EZ/TotalRevenueAmt057171
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt057171
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt032500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt018250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0116671
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt085577
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0116671
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt057171
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt032500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0116671
IRS990ScheduleA/TotalSupportAmt0116671
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NOTE RECEIVABLE- GROCERY 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROMOTE COMMUNITY AND INVESTMENT IN THE COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM FORBES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07122535479
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CEDCORP INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O KATHERINE KOSKOVICH
ReturnHeader/Filer/BusinessNameControlTxt0CEDC
ReturnHeader/Filer/EIN0451986995
ReturnHeader/Filer/USAddress/AddressLine1Txt01856 HIGHWAY 31
ReturnHeader/Filer/USAddress/CityNm0CORRECTIONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd051016
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421284539
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOULIHAN & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04240 HICKORY LANE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIOUX CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0511064642
ReturnHeader/PreparerPersonGrp/PhoneNum07122553450
ReturnHeader/PreparerPersonGrp/PreparationDt02026-03-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN JENSEN
ReturnHeader/ReturnTs02026-03-19T13:23:07-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02025-01-01
ReturnHeader/TaxPeriodEndDt02025-12-31
ReturnHeader/TaxYr02025

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