Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
990 • Fiscal year 2018 • EIN 46-6012194
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
12th percentile
Higher top officer pay than 12% of similar nonprofits.
Top officer pay equals 8.4% of source-year revenue.
Asset Growth
23rd percentile
Faster asset growth than 23% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Assets
Down$9,781,733
Down $494,393 (-4.8%) from 2017
Net Assets
Down$5,560,125
Down $244,683 (-4.2%) from 2017
Liabilities
Down$4,221,608
Down $249,710 (-5.6%) from 2017
Revenue
Up$720,867
Up $501,559 (+229%) from 2017
Expenses
Down$965,550
Down $199,550 (-17%) from 2017
Net Income
Up-$244,683
Up $701,109 (+74%) from 2017
Economic development in the watertown, sd area.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,404,959 | $6,212,506 | ▼ $192,453 |
| Rtn Earn Endowment Incm Other Fnds | $4,922,842 | $4,678,159 | ▼ $244,683 |
| Savings and Temporary Cash Investments | $2,751,817 | $2,317,492 | ▼ $434,325 |
| Cap Stk Tr Prin Current Funds | $881,966 | $881,966 | → $0 |
| Pledges and Grants Receivable | $570,231 | $122,382 | ▼ $447,849 |
| Investments Other Securities | $100,676 | $102,607 | ▲ $1,931 |
| Accounts Receivable | $32,425 | $28,650 | ▼ $3,775 |
| Prepaid Expenses and Deferred Charges | $6,130 | $781 | ▼ $5,349 |
| Total Assets | $10,276,126 | $9,781,733 | ▼ $494,393 |
| Other Assets Total | $409,888 | $997,315 | ▲ $587,427 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $4,357,451 | $4,112,916 | ▼ $244,535 |
| Accounts Payable and Accrued Expenses | $113,867 | $108,692 | ▼ $5,175 |
| Total Liabilities | $4,471,318 | $4,221,608 | ▼ $249,710 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $5,804,808 | $5,560,125 | ▼ $244,683 |
| Total Liabilities and Net Assets / Fund Balance | $10,276,126 | $9,781,733 | ▼ $494,393 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $6,026,231 | $1,500,855 | $7,527,086 |
| Land | $186,275 | - | $186,275 |
| Equipment | - | $2,937 | $2,937 |
| Other Assets Org | $997,315 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Chris Schilken | President | FT | $60,779 | $60,779 |
| Name | Title |
|---|---|
| Jill Fuller | Chairperson |
| Jim Redlinger | Vice Chairma |
| Curt Trego | Board Member |
| Dewayne Hibbert | Board Member |
| Don Roehrich | Board Member |
| James Roby | Board Member |
| Jim Seurer | Board Member |
| Michael Cartney | Board Member |
| Sarah Caron | Board Member |
| Troy Zebroski | Board Member |
| Steve Lehner | Secretary/tr |
| Line Item | Amount |
|---|---|
| Other Expenses | $619,672 |
| Salaries, Compensation, and Employee Benefits | $303,278 |
| Professional Fundraising Fees | $42,600 |
| Total Fundraising Expense | $42,600 |
| Grants and Similar Amounts Paid | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $219,734 | - | - | $219,734 |
| Depreciation Depletion | $192,453 | - | - | $192,453 |
| Interest | $155,962 | - | - | $155,962 |
| Other Employee Benefits | $62,374 | - | - | $62,374 |
| Advertising | $47,851 | - | - | $47,851 |
| Fees for Services Professional Fundraising | - | - | $42,600 | $42,600 |
| Fees for Services Accounting | $24,708 | - | - | $24,708 |
| Occupancy | $21,800 | - | - | $21,800 |
| Fees for Services Legal | $19,525 | - | - | $19,525 |
| Payroll Taxes | $17,968 | - | - | $17,968 |
| Other Expenses | $12,570 | - | - | $12,570 |
| All Other Expenses | $10,175 | - | - | $10,175 |
| Pension Plan Contributions | $3,202 | - | - | $3,202 |
| Total Functional Expenses | $922,950 | $0 | $42,600 | $965,550 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $42,600 |
“Board of directors is elected by its members.”
“Yes by virtue of actions taken at annual meeting.”
“The 990 is signed by the director and a copy is presented to the board of directors.”
“Directors and officers are required to disclose any possible conflicts and agree to the policy annually.”
“Watertown development company makes all of its governing documents, conflict of interest policy and financial statements available to the public upon request.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 113867 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 108692 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 32425 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 28650 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | ECONOMIC DEVELOPMENT IN THE WATERTOWN, SD AREA. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 47851 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 47851 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 10175 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 10175 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MICHELLE KAKACEK |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6058840340 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 332 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WATERTOWN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 57201 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 881966 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 881966 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 104280 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 6681 |
| IRS990/CYOtherExpensesAmt | 0 | 619672 |
| IRS990/CYOtherRevenueAmt | 0 | 1931 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 607975 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -244683 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 303278 |
| IRS990/CYTotalExpensesAmt | 0 | 965550 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 42600 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 42600 |
| IRS990/CYTotalRevenueAmt | 0 | 720867 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | true |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 192453 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 192453 |
| IRS990/Desc | 0 | THE WATERTOWN DEVELOPMENT COMPANY SERVES TO IMPROVE THE OVERALL STANDARD OF LIVING IN THE COMMUNITY BY WAY OF STIMULATING ECONOMIC DEVELOPMENT BY ASSISTING NEW AND EXISTING BUSINESSES WITH CREATION OF NEW JOBS AND THE RETENTION OF EXISTING JOBS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/ExpenseAmt | 0 | 922950 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 24708 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 24708 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 19525 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 19525 |
| IRS990/FeesForServicesProfFundraising/FundraisingAmt | 0 | 42600 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 42600 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 10.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | CHRIS SCHILKEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | JILL FULLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JIM REDLINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | STEVE LEHNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JAMES ROBY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MICHAEL CARTNEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JIM SEURER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | SARAH CARON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | TROY ZEBROSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DON ROEHRICH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | CURT TREGO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | DEWAYNE HIBBERT |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 60779 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRPERSON |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1947 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedInd | 0 | false |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 11 |
| IRS990/GovernmentGrantsAmt | 0 | 104280 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 720867 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | false |
| IRS990/IndependentVotingMemberCnt | 0 | 11 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 155962 |
| IRS990/InterestGrp/TotalAmt | 0 | 155962 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 6681 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 6681 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 100676 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 102607 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1503792 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6404959 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 6212506 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 7716298 |
| IRS990/LegalDomicileStateCd | 0 | SD |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | ECONOMIC DEVELOPMENT IN THE WATERTOWN, SD AREA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 4357451 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 4112916 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5804808 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 5560125 |
| IRS990/NondeductibleContributionsInd | 0 | true |
| IRS990/NondeductibleContriDisclInd | 0 | true |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 21800 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 21800 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 409888 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 997315 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 62374 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 62374 |
| IRS990/OtherExpensesGrp/Desc | 0 | RENTAL PROPERTY COSTS |
| IRS990/OtherExpensesGrp/Desc | 1 | CONSULTING |
| IRS990/OtherExpensesGrp/Desc | 2 | TRAVEL & MEETINGS |
| IRS990/OtherExpensesGrp/Desc | 3 | RECRUITMENT |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 73510 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 31718 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 29400 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 12570 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 73510 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 31718 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 29400 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 12570 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | JOINT VENTURE INCOME |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 1931 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 1931 |
| IRS990/OtherRevenueTotalAmt | 0 | 1931 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 219734 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 219734 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 17968 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 17968 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 3202 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 3202 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 570231 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 122382 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 6130 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 781 |
| IRS990/PrincipalOfficerNm | 0 | CHRIS SCHILKEN |
| IRS990/ProfessionalFundraisingInd | 0 | true |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | QUALIFYING RENT INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | GAIN ON SALE OF PROPERTY |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 478759 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 129216 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 478759 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 129216 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 162665 |
| IRS990/PYInvestmentIncomeAmt | 0 | -404479 |
| IRS990/PYOtherExpensesAmt | 0 | 860033 |
| IRS990/PYOtherRevenueAmt | 0 | 479 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 460643 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -945792 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 305067 |
| IRS990/PYTotalExpensesAmt | 0 | 1165100 |
| IRS990/PYTotalRevenueAmt | 0 | 219308 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -244683 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 4922842 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 4678159 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 2751817 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 2317492 |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2937 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 2937 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 186275 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 186275 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 997315 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | LAND HELD FOR DEVELOPMENT |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 6026231 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 1500855 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 7527086 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 6212506 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 997315 |
| IRS990ScheduleG/AgrmtProfFundraisingActyInd | 0 | true |
| IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt | 0 | FUNDRAISER |
| IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd | 0 | false |
| IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt | 0 | -42600 |
| IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt | 0 | NATIONAL COMMUNITY DEVELOPMENT SERV |
| IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt | 0 | 42600 |
| IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt | 0 | 6300 POWERS FERRY ROAD STE 600-165 |
| IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm | 0 | ATLANTA |
| IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd | 0 | GA |
| IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd | 0 | 30339 |
| IRS990ScheduleG/SupplementalInformationDetail/ExplanationTxt | 0 | NATIONAL COMMUNITY DEVELOPMENT SERV FUNDS WILL BE RAISED IN NEXT FISCAL YEAR |
| IRS990ScheduleG/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE G, PAGE 1, PART I, LINE 2B, COLUMN (V) |
| IRS990ScheduleG/TotalNetToOrganizationAmt | 0 | -42600 |
| IRS990ScheduleG/TotalRetainedByContractorsAmt | 0 | 42600 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | BOARD OF DIRECTORS IS ELECTED BY ITS MEMBERS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | YES BY VIRTUE OF ACTIONS TAKEN AT ANNUAL MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE 990 IS SIGNED BY THE DIRECTOR AND A COPY IS PRESENTED TO THE BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS AND AGREE TO THE POLICY ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | WATERTOWN DEVELOPMENT COMPANY MAKES ALL OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 10276126 |
| IRS990/TotalAssetsEOYAmt | 0 | 9781733 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 10276126 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 9781733 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 104280 |
| IRS990/TotalEmployeeCnt | 0 | 4 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 42600 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 922950 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 965550 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 4471318 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 4221608 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 4471318 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 4221608 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 5804808 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 5560125 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 922950 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 607975 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 60779 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 8612 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 607975 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 720867 |
| IRS990/TotalVolunteersCnt | 0 | 11 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 10276126 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 9781733 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 332 |
| IRS990/USAddress/CityNm | 0 | WATERTOWN |
| IRS990/USAddress/StateAbbreviationCd | 0 | SD |
| IRS990/USAddress/ZIPCd | 0 | 57201 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 11 |
| IRS990/VotingMembersIndependentCnt | 0 | 11 |
| IRS990/WebsiteAddressTxt | 0 | WWW.WATERTOWNDEVELOPMENTCO.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CHRIS SCHILKEN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6058840340 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-09-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WATERTOWN DEVELOPMENT COMPANY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WATE |
| ReturnHeader/Filer/EIN | 0 | 466012194 |
| ReturnHeader/Filer/PhoneNum | 0 | 6058868425 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 332 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WATERTOWN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 57201 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | D222FC9E62A7D2120ECA42C97CCA8EC5662CEDB2 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | AF4821F9D76A72C859D343DB89F1B8E206218165 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-09-13 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:09:12 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 460414067 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | VRS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 1267 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WATERTOWN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | SD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 572016267 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6058868425 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-09-07 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARY ANTONY |
| ReturnHeader/ReturnTs | 0 | 2018-09-13T16:09:12-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-07-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.