Civic Intelligence

Necog Development Corporation

EIN 46-0434487 • 501(c)3 • Aberdeen, SD

Profile

To foster economic development, create/retain jobs, stimulate business opportunities, and attract/retrain business in northeast South Dakota through various economic programs and relationships with Federal, State and local officials.

416 Production St N 1Aberdeen, SD 57401

www.necog.org

Siviq Scores

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

Liabilities / Assets

56th percentile

0.17x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

90th percentile

1.84x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

57th percentile

7.4%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

29%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$7,014,895

Up $481,797 (+7.4%) from 2023

Liabilities

Down

$1,221,917

Down $72,156 (-5.6%) from 2023

Net Assets

Up

$5,792,978

Up $553,953 (+11%) from 2023

Operations
Liabilities / Revenue90th percentileNet Margin97th percentile

Revenue

Up

$664,794

Up $150,063 (+29%) from 2023

Expenses

Down

$110,841

Down $22,044 (-17%) from 2023

Net Income

Up

$553,953

Up $172,107 (+45%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,007,805Liabilities 2011: $1,888,478Net Assets 2011: $2,119,3272011Assets 2012: $3,924,577Liabilities 2012: $1,789,116Net Assets 2012: $2,135,4612012Assets 2013: $3,763,078Liabilities 2013: $1,690,953Net Assets 2013: $2,072,1252013Assets 2014: $4,018,167Liabilities 2014: $1,949,264Net Assets 2014: $2,068,9032014Assets 2015: $4,207,856Liabilities 2015: $2,023,669Net Assets 2015: $2,184,1872015Assets 2016: $4,455,867Liabilities 2016: $2,028,870Net Assets 2016: $2,426,9972016Assets 2017: $4,493,969Liabilities 2017: $1,980,875Net Assets 2017: $2,513,0942017Assets 2018: $4,362,613Liabilities 2018: $1,889,259Net Assets 2018: $2,473,3542018Assets 2019: $4,320,677Liabilities 2019: $1,777,577Net Assets 2019: $2,543,1002019Assets 2020: $5,798,280Liabilities 2020: $1,682,200Net Assets 2020: $4,116,0802020Assets 2021: $6,194,288Liabilities 2021: $1,448,547Net Assets 2021: $4,745,7412021Assets 2022: $6,251,917Liabilities 2022: $1,367,119Net Assets 2022: $4,884,7982022Assets 2023: $6,533,098Liabilities 2023: $1,294,073Net Assets 2023: $5,239,0252023Assets 2024: $7,014,895Liabilities 2024: $1,221,917Net Assets 2024: $5,792,9782024

Highlighted filing

2024

Assets$7,014,895
Liabilities$1,221,917
Net Assets$5,792,978
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $208,8532011Revenue 2012: $193,426Expenses 2012: $28,157Net Income 2012: $165,2692012Revenue 2013: $187,558Expenses 2013: $250,894Net Income 2013: -$63,3362013Revenue 2014: $263,218Expenses 2014: $266,440Net Income 2014: -$3,2222014Revenue 2015: $226,580Expenses 2015: $111,296Net Income 2015: $115,2842015Revenue 2016: $371,074Expenses 2016: $128,264Net Income 2016: $242,8102016Revenue 2017: $257,012Expenses 2017: $170,915Net Income 2017: $86,0972017Revenue 2018: $230,658Expenses 2018: $270,398Net Income 2018: -$39,7402018Revenue 2019: $234,935Expenses 2019: $165,189Net Income 2019: $69,7462019Revenue 2020: $1,810,570Expenses 2020: $237,590Net Income 2020: $1,572,9802020Revenue 2021: $1,010,155Expenses 2021: $380,494Net Income 2021: $629,6612021Revenue 2022: $372,735Expenses 2022: $233,678Net Income 2022: $139,0572022Revenue 2023: $514,731Expenses 2023: $132,885Net Income 2023: $381,8462023Revenue 2024: $664,794Expenses 2024: $110,841Net Income 2024: $553,9532024

Highlighted filing

2024

Revenue$664,794
Expenses$110,841
Net Income$553,953
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$7,014,895
Liabilities
$1,221,917
Net assets
$5,792,978
Revenue
$664,794
Expenses
$110,841
Net income
$553,953
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.01$1.22$5.79$0.66$0.11$0.55
2023Detailed filing. Detailed filing data is available for this year.$6.53$1.29$5.24$0.51$0.13$0.38
2022Detailed filing. Detailed filing data is available for this year.$6.25$1.37$4.88$0.37$0.23$0.14
2021Detailed filing. Detailed filing data is available for this year.$6.19$1.45$4.75$1.01$0.38$0.63
2020Detailed filing. Detailed filing data is available for this year.$5.80$1.68$4.12$1.81$0.24$1.57
2019Detailed filing. Detailed filing data is available for this year.$4.32$1.78$2.54$0.23$0.17$0.07
2018Detailed filing. Detailed filing data is available for this year.$4.36$1.89$2.47$0.23$0.27$0.04
2017Detailed filing. Detailed filing data is available for this year.$4.49$1.98$2.51$0.26$0.17$0.09
2016Detailed filing. Detailed filing data is available for this year.$4.46$2.03$2.43$0.37$0.13$0.24
2015Detailed filing. Detailed filing data is available for this year.$4.21$2.02$2.18$0.23$0.11$0.12
2014Detailed filing. Detailed filing data is available for this year.$4.02$1.95$2.07$0.26$0.27$0.00
2013Detailed filing. Detailed filing data is available for this year.$3.76$1.69$2.07$0.19$0.25$0.06
2012Summary only. Only limited summary data is available for this year.$3.92$1.79$2.14$0.19$0.03$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$1.89$2.12$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 30, 2025
Return Version
2024v5.2
Gross Receipts
$664,794
Mission and Program Overview

Mission

To foster economic development, create/retain jobs, stimulate business opportunities, and attract/retain business in northeast South Dakota through various economic programs and relationships with Federal, State and local officials.

To loan federal and state funds to local businesses and industry and to assist businesses in creating and retaining jobs for the region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$5,710,011$6,342,927▲ $632,916
Savings and Temporary Cash Investments$795,620$652,909▼ $142,711
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$6,533,098$7,014,895▲ $481,797
Other Assets Total$27,467$19,059▼ $8,408
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,283,220$1,211,708▼ $71,512
Accounts Payable and Accrued Expenses$10,853$10,209▼ $644
Total Liabilities$1,294,073$1,221,917▼ $72,156
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,388,560$3,726,342▲ $337,782
Net Assets Without Donor Restrictions$1,850,465$2,066,636▲ $216,171
Total Net Assets Fund Balance$5,239,025$5,792,978▲ $553,953
Total Liabilities and Net Assets / Fund Balance$6,533,098$7,014,895▲ $481,797
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleBaseTotal
Jason JungDirector$500$500
Ted HaederDirector$500$500
Todd GarryDirector$500$500
Donald KallenbergerChairperson$300$300
Craig OberleSecretary/Treas$200$200
Doug DeBoerDirector$200$200
Scott CampbellVice Chair$200$200

Board Members and Trustees

NameTitle
Eric SengerExecutive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Northeast Council of GovernmentsManagement Services416 Production St N Ste 1, Aberdeen, SD 57401-
Revenue and Support

Revenue Composition

Contributions and Grants
$305,296
Program Service Revenue
$336,721
Investment Income
$13,258
Other Revenue
$9,519
Change in Net Assets
$553,953

Audited Revenue Reconciliation

Revenue per Audited Statements
$664,794
Total Revenue per Audited Statements
$664,794
Total Revenue per Form 990
$664,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,441
Salaries, Compensation, and Employee Benefits$2,400
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$52,058--$52,058
Fees for Services Accounting-$14,045-$14,045
Interest$12,697--$12,697
Current Officers, Directors, Trustees, and Key Employees-$2,400-$2,400
Travel$865$693-$1,558
Other Expenses$5,395$278-$278
Total Functional Expenses$71,015$39,826$0$110,841

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$110,841
Total Expenses per Audited Statements$110,841
Total Expenses per Form 990$110,841
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 1A

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

Form 990, Part VI, Section A, Line 3

“The NECOG Development Corporation (Development Corporation) does not have any employees nor does it have its own offices. The Development Corporation entered into an agreement with Northeast Council of Governments to provide management services. Northeast Council of Governments charges an administrative fee to the Development Corporation for the services it provides and expenses incurred on behalf of the Development Corporation.”

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

“The draft Form 990 will be reviewed by the Executive Director and the RLF manager of Northeast Council of Governments.”

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

“The conflict of interest policy covers the governing board members. The board members sign a conflict of interest statement when they initially join the board. If the governing board determines that a conflict exists, the board member abstains from decisions as they are brought to the board agenda. Each Organization's officers and diectors also completes a relationship disclosure checklist annually at the first meeting of the year.”

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

“The organization does not have employees.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
NECOG Development Corporation
EIN
46-0434487
Phone
6056262595
Address
416 Production St N 1, Aberdeen, SD 57401

Signing Officer

Name
Eric Senger
Title
Executive Director
Signed
2025-09-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Senger
Formed
1994
Legal Domicile
Sd
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Kinner & Company Ltd
Address
404 3rd Ave, Brookings, SD 57006
Preparer
Nathan Kinner
Phone
6056922515
Supplemental Narrative

Additional Explanations

Documentation and Retention Destruction Policy Line 14

“The Organization does not have a formal document retention and destruction policy, however, documents are maintained to ensure compliance with federal regulations and provisions of the loan agreements entered into by the Organization.”

Financial Statement Notes

Part X : FIN48 Footnote

“The Development Corporation is organized as a South Dakota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). The Development Corporation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. The Development Corporation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990T) with the IRS.The Development Corporation believes it has appropriate support for any tax positions taken affectings its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Development Corporation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilites in income tax expense if such interest and penalties are incurred.”

Raw XML AppendixShowing 400 of 456 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.

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IRS990/InterestGrp/TotalAmt012697
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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To foster economic development, create/retain jobs, stimulate business opportunities, and attract/retrain business in northeast South Dakota through various economic programs and relationships with Federal, State and local officials.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01211708
IRS990/NetAssetsOrFundBalancesBOYAmt05239025
IRS990/NetAssetsOrFundBalancesEOYAmt05792978
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01843
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01843
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01850465
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02066636
IRS990/NondeductibleContributionsInd0false
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherAssetsTotalGrp/EOYAmt019059
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Indirect Costs
IRS990/OtherExpensesGrp/Desc1Property Expense
IRS990/OtherExpensesGrp/Desc2Membership, Dues and Subs
IRS990/OtherExpensesGrp/Desc3Miscellaneous Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt017176
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15234
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2278
IRS990/OtherExpensesGrp/ProgramServicesAmt05395
IRS990/OtherExpensesGrp/TotalAmt017176
IRS990/OtherExpensesGrp/TotalAmt15395
IRS990/OtherExpensesGrp/TotalAmt25234
IRS990/OtherExpensesGrp/TotalAmt3278
IRS990/OtherRevenueMiscGrp/BusinessCd0522298
IRS990/OtherRevenueMiscGrp/Desc0Provision - Credit Losses
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07676
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07676
IRS990/OtherRevenueTotalAmt07676
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05710011
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06342927
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Eric Senger
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc0Interest Income on Loan
IRS990/ProgramServiceRevenueGrp/Desc1Loan Processing and Se
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116390
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt08791
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0129485
IRS990/PYOtherRevenueAmt0207852
IRS990/PYProgramServiceRevenueAmt0298088
IRS990/PYRevenuesLessExpensesAmt0381846
IRS990/PYSalariesCompEmpBnftPaidAmt03400
IRS990/PYTotalExpensesAmt0132885
IRS990/PYTotalRevenueAmt0514731
IRS990/QuidProQuoContributionsInd0false
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0553953
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt01843
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0344397
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0795620
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0652909
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0305296
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0110620
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0728928
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01558697
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02703541
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt013258
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08791
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02144
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt043354
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt020903
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt088450
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0346240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0505940
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0259972
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0237873
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0230970
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01580995
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt013258
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02144
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt043354
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt088450
IRS990ScheduleA/InvestmentIncomeCYPct00.02020
IRS990ScheduleA/InvestmentIncomePYPct00.02290
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/PublicSupportPY509Pct00.96130
IRS990ScheduleA/PublicSupportTotal509Amt04270596
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt013940
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt013940
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt013940
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt013940
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0966801
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01789667
IRS990ScheduleA/Total509Grp/TotalAmt04284536
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01010155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01810570
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04372986
IRS990/ScheduleBRequiredInd0false
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Development Corporation is organized as a South Dakota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). The Development Corporation is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. The Development Corporation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990T) with the IRS.The Development Corporation believes it has appropriate support for any tax positions taken affectings its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Development Corporation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilites in income tax expense if such interest and penalties are incurred.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt0110841
IRS990ScheduleD/TotalRevenuePerForm990Amt0664794
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0664794
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0110841
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are currently no committees with the authority to act on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The NECOG Development Corporation (Development Corporation) does not have any employees nor does it have its own offices. The Development Corporation entered into an agreement with Northeast Council of Governments to provide management services. Northeast Council of Governments charges an administrative fee to the Development Corporation for the services it provides and expenses incurred on behalf of the Development Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The draft Form 990 will be reviewed by the Executive Director and the RLF manager of Northeast Council of Governments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The conflict of interest policy covers the governing board members. The board members sign a conflict of interest statement when they initially join the board. If the governing board determines that a conflict exists, the board member abstains from decisions as they are brought to the board agenda. Each Organization's officers and diectors also completes a relationship disclosure checklist annually at the first meeting of the year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization does not have employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Organization does not have a formal document retention and destruction policy, however, documents are maintained to ensure compliance with federal regulations and provisions of the loan agreements entered into by the Organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Documentation and Retention Destruction Policy Line 14
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IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt07014895
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt039826
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt071015
IRS990/TotalFunctionalExpensesGrp/TotalAmt0110841
IRS990/TotalGrossUBIAmt00

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