Civic Intelligence

Osage Economic Betterment Company

990 • Fiscal year 2017 • EIN 47-3978454

Oct 01, 2016 to Sep 30, 2017 • Filed on Oct 26, 2017

Organization ProfileN/A
1429 Main StreetOsage, IA 50461

(641) 732-3337

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.84x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

5.03x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Net Margin

92nd percentile

54%

Higher net margin than 92% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Asset Growth

47th percentile

1.7%

Faster asset growth than 47% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

-0.3%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$870,460

Up $14,580 (+1.7%) from 2016

Net Assets

Up

$137,158

Up $78,725 (+135%) from 2016

Liabilities

Down

$733,302

Down $64,145 (-8.0%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin92nd percentile

Revenue

Down

$145,870

Down $372 (-0.3%) from 2016

Expenses

Down

$67,145

Down $22,756 (-25%) from 2016

Net Income

Up

$78,725

Up $22,384 (+40%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$3.0M$2.0M$1.0M$0Assets 2015: $857,882Liabilities 2015: $855,790Net Assets 2015: $2,0922015Assets 2016: $855,880Liabilities 2016: $797,447Net Assets 2016: $58,4332016Assets 2017: $870,460Liabilities 2017: $733,302Net Assets 2017: $137,1582017Assets 2018: $874,912Liabilities 2018: $667,006Net Assets 2018: $207,9062018Assets 2019: $854,077Liabilities 2019: $601,705Net Assets 2019: $252,3722019Assets 2020: $846,212Liabilities 2020: $526,772Net Assets 2020: $319,4402020Assets 2021: $883,362Liabilities 2021: $466,537Net Assets 2021: $416,8252021Assets 2022: $1,811,566Liabilities 2022: $391,337Net Assets 2022: $1,420,2292022Assets 2023: $1,848,339Liabilities 2023: $312,901Net Assets 2023: $1,535,4382023Assets 2024: $1,887,291Liabilities 2024: $231,133Net Assets 2024: $1,656,1582024Assets 2025: $2,177,062Liabilities 2025: $434,631Net Assets 2025: $1,742,4312025

Highlighted filing

2017

Assets$870,460
Liabilities$733,302
Net Assets$137,158
Open 2017 Filing

Operations Trend

Revenue Growth41st percentile

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

$1.5M$1.0M$500K$0Revenue 2015: $12,665Expenses 2015: $10,573Net Income 2015: $2,0922015Revenue 2016: $146,242Expenses 2016: $89,901Net Income 2016: $56,3412016Revenue 2017: $145,870Expenses 2017: $67,145Net Income 2017: $78,7252017Revenue 2018: $145,244Expenses 2018: $74,496Net Income 2018: $70,7482018Revenue 2019: $145,133Expenses 2019: $100,667Net Income 2019: $44,4662019Revenue 2020: $130,213Expenses 2020: $63,145Net Income 2020: $67,0682020Revenue 2021: $166,879Expenses 2021: $69,494Net Income 2021: $97,3852021Revenue 2022: $1,072,786Expenses 2022: $69,382Net Income 2022: $1,003,4042022Revenue 2023: $180,407Expenses 2023: $65,198Net Income 2023: $115,2092023Revenue 2024: $180,538Expenses 2024: $59,818Net Income 2024: $120,7202024Revenue 2025: $183,876Expenses 2025: $97,603Net Income 2025: $86,2732025

Highlighted filing

2017

Revenue$145,870
Expenses$67,145
Net Income$78,725
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Oct 26, 2017
Return Version
2016v3.0
Gross Receipts
$145,870
Mission and Program Overview

Mission

Economic development, to create jobs by supplying help to new business, and to support existing business, this could include purchasing space to rent out to existing business to maintain jobs in the area and to allow space for new business to start.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$824,776$806,172▼ $18,604
Rtn Earn Endowment Incm Other Fnds$58,433$137,158▲ $78,725
Cash and Non-Interest-Bearing Accounts$31,104$64,288▲ $33,184
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$855,880$870,460▲ $14,580
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$797,447$733,302▼ $64,145
Total Liabilities$797,447$733,302▼ $64,145
Net Assets / Fund Balance
Total Net Assets Fund Balance$58,433$137,158▲ $78,725
Total Liabilities and Net Assets / Fund Balance$855,880$870,460▲ $14,580

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$706,172$37,982$744,154
Land$100,000-$100,000
Compensation and Service Providers
Top Officer Pay68th percentile

Board Members and Trustees

NameTitle
Kevin KolbetPresident
Jerry DunleyDirector
Mark TaetsDirector
Lou Ann MurphyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$145,870
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$78,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$67,145
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$29,487--$29,487
Depreciation Depletion$18,604--$18,604
Insurance$10,249--$10,249
Other Expenses$2,653--$2,653
Fees for Services Accounting$1,195--$1,195
Fees for Services Other$20--$20
Total Functional Expenses$67,145$0$0$67,145
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
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Treasure will review form 990 looking for any errors.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Copy of 990 is available upon request”

Filing and Contact Details

Filer

Filer Name
Osage Economic Betterment Company
EIN
47-3978454
Phone
6417323337
Address
1429 MAIN STREET, OSAGE, IA 50461

Signing Officer

Name
Kevin Kolbet
Title
President
Signed
2017-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Kolbet
Formed
2014
Legal Domicile
Ia
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Murphy Smith & Co PLLC
Address
625 Main Street, Osage, IA 50461
Preparer
Lou Ann Murphy
Phone
6417325841
Raw XML Appendix321 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ECONOMIC DEVELOPMENT, TO CREATE JOBS BY SUPPLYING HELP TO NEW BUSINESS, AND TO SUPPORT EXISTING BUSINESS, THIS COULD INCLUDE PURCHASING SPACE TO RENT OUT TO EXISTING BUSINESS TO MAINTAIN JOBS IN THE AREA AND TO ALLOW SPACE FOR NEW BUSINESS TO START.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JENNIFER ANDRADE
IRS990/BooksInCareOfDetail/PhoneNum06417324790
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0212 S 5TH ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0OSAGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd050461
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt031104
IRS990/CashNonInterestBearingGrp/EOYAmt064288
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt067145
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0145870
IRS990/CYRevenuesLessExpensesAmt078725
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt067145
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0145870
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt018604
IRS990/DepreciationDepletionGrp/TotalAmt018604
IRS990/Desc0PURCHASED BUILDING AND ESTABLISHED RENT TO FIRST TENANT.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt067145
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01195
IRS990/FeesForServicesAccountingGrp/TotalAmt01195
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt020
IRS990/FeesForServicesOtherGrp/TotalAmt020
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0JERRY DUNLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK TAETS
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN KOLBET
IRS990/Form990PartVIISectionAGrp/PersonNm3LOU ANN MURPHY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0145870
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt010249
IRS990/InsuranceGrp/TotalAmt010249
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt029487
IRS990/InterestGrp/TotalAmt029487
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt037982
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0824776
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0806172
IRS990/LandBldgEquipCostOrOtherBssAmt0844154
IRS990/LegalDomicileStateCd0IA
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ECONOMIC DEVELOPMENT, TO CREATE JOBS BY SUPPLYING HELP TO NEW BUSINESS, AND TO SUPPORT EXISTING BUSINESS, THIS COULD INCLUDE PURCHASING SPACE TO RENT OUT TO EXISTING BUSINESS TO MAINTAIN JOBS IN THE AREA AND TO ALLOW SPACE FOR NEW BUSINESS TO START.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0797447
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0733302
IRS990/NetAssetsOrFundBalancesBOYAmt058433
IRS990/NetAssetsOrFundBalancesEOYAmt0137158
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS/MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt04937
IRS990/OtherExpensesGrp/ProgramServicesAmt12653
IRS990/OtherExpensesGrp/TotalAmt04937
IRS990/OtherExpensesGrp/TotalAmt12653
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KEVIN KOLBET
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0INCUBATOR RENTAL SPACE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0145870
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0145870
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt089901
IRS990/PYProgramServiceRevenueAmt0146242
IRS990/PYRevenuesLessExpensesAmt056341
IRS990/PYTotalExpensesAmt089901
IRS990/PYTotalRevenueAmt0146242
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt078725
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0145870
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt058433
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0137158
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0706172
IRS990ScheduleD/BuildingsGrp/DepreciationAmt037982
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0744154
IRS990ScheduleD/LandGrp/BookValueAmt0100000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0806172
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TREASURE WILL REVIEW FORM 990 LOOKING FOR ANY ERRORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF 990 IS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0855880
IRS990/TotalAssetsEOYAmt0870460
IRS990/TotalAssetsGrp/BOYAmt0855880
IRS990/TotalAssetsGrp/EOYAmt0870460
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067145
IRS990/TotalFunctionalExpensesGrp/TotalAmt067145
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0797447
IRS990/TotalLiabilitiesEOYAmt0733302
IRS990/TotalLiabilitiesGrp/BOYAmt0797447
IRS990/TotalLiabilitiesGrp/EOYAmt0733302
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt058433
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0137158
IRS990/TotalProgramServiceExpensesAmt067145
IRS990/TotalProgramServiceRevenueAmt0145870
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0145870
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0145870
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0855880
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0870460
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01429 MAIN ST
IRS990/USAddress/CityNm0OSAGE
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd050461
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN KOLBET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0OSAGE ECONOMIC BETTERMENT COMPANY
ReturnHeader/Filer/BusinessNameControlTxt0OSAG
ReturnHeader/Filer/EIN0473978454
ReturnHeader/Filer/PhoneNum06417323337
ReturnHeader/Filer/USAddress/AddressLine1Txt01429 MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0OSAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd050461
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Murphy Smith & Co PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0625 Main Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Osage
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050461
ReturnHeader/PreparerPersonGrp/PhoneNum06417325841
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Lou Ann Murphy
ReturnHeader/ReturnTs02017-10-26T08:53:32-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$870,460
Liabilities
$733,302
Net assets
$137,158
Revenue
$145,870
Expenses
$67,145
Net income
$78,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.18$0.43$1.74$0.18$0.10$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.89$0.23$1.66$0.18$0.06$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.31$1.54$0.18$0.07$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.81$0.39$1.42$1.07$0.07$1.00
2021Detailed filing. Detailed filing data is available for this year.$0.88$0.47$0.42$0.17$0.07$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.85$0.53$0.32$0.13$0.06$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.85$0.60$0.25$0.15$0.10$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.87$0.67$0.21$0.15$0.07$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.73$0.14$0.15$0.07$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.86$0.80$0.06$0.15$0.09$0.06
2015Summary only. Only limited summary data is available for this year.$0.86$0.86$0.00$0.01$0.01$0.00