Civic Intelligence

Twin Cities Development Association

990 • Fiscal year 2016 • EIN 47-6036153

Oct 01, 2015 to Sep 30, 2016 • Filed on Aug 09, 2017

1620 BroadwayScottsbluff, NE 69361

(308) 632-2833

Siviq Scores

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

Liabilities / Assets

81st percentile

0.42x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

1.17x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Net Margin

73rd percentile

21%

Higher net margin than 73% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

97th percentile

90%

Faster asset growth than 97% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

5.6%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,451,690

Up $685,775 (+90%) from 2015

Net Assets

Up

$843,420

Up $106,882 (+15%) from 2015

Liabilities

Up

$608,270

Up $578,893 (+1971%) from 2015

Revenue

Up

$519,514

Up $27,556 (+5.6%) from 2015

Expenses

Up

$412,632

Up $33,591 (+8.9%) from 2015

Net Income

Down

$106,882

Down $6,035 (-5.3%) from 2015

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $754,813Liabilities 2010: $25,262Net Assets 2010: $729,5512010Assets 2011: $638,738Liabilities 2011: $21,586Net Assets 2011: $617,1522011Assets 2012: $585,682Liabilities 2012: $31,654Net Assets 2012: $554,0282012Assets 2013: $581,612Liabilities 2013: $23,499Net Assets 2013: $558,1132013Assets 2014: $651,650Liabilities 2014: $26,430Net Assets 2014: $625,2202014Assets 2015: $765,915Liabilities 2015: $29,377Net Assets 2015: $736,5382015Assets 2016: $1,451,690Liabilities 2016: $608,270Net Assets 2016: $843,4202016Assets 2017: $1,636,407Liabilities 2017: $676,836Net Assets 2017: $959,5712017Assets 2018: $1,653,398Liabilities 2018: $614,782Net Assets 2018: $1,038,6162018Assets 2019: $1,478,458Liabilities 2019: $184,485Net Assets 2019: $1,293,9732019Assets 2020: $1,522,553Liabilities 2020: $114,439Net Assets 2020: $1,408,1142020Assets 2021: $3,412,570Liabilities 2021: $897,477Net Assets 2021: $2,515,0932021Assets 2022: $4,720,269Liabilities 2022: $887,935Net Assets 2022: $3,832,3342022Assets 2023: $5,877,873Liabilities 2023: $201,466Net Assets 2023: $5,676,4072023Assets 2024: $7,276,328Liabilities 2024: $229,331Net Assets 2024: $7,046,9972024

Highlighted filing

2016

Assets$1,451,690
Liabilities$608,270
Net Assets$843,420

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $349,9592010Expenses 2011: $775,1882011Expenses 2012: $397,5982012Expenses 2013: $479,6962013Revenue 2014: $437,192Expenses 2014: $370,085Net Income 2014: $67,1072014Revenue 2015: $491,958Expenses 2015: $379,041Net Income 2015: $112,9172015Revenue 2016: $519,514Expenses 2016: $412,632Net Income 2016: $106,8822016Revenue 2017: $693,449Expenses 2017: $577,298Net Income 2017: $116,1512017Revenue 2018: $654,296Expenses 2018: $575,251Net Income 2018: $79,0452018Revenue 2019: $848,904Expenses 2019: $593,547Net Income 2019: $255,3572019Revenue 2020: $792,760Expenses 2020: $678,619Net Income 2020: $114,1412020Revenue 2021: $1,494,060Expenses 2021: $387,081Net Income 2021: $1,106,9792021Revenue 2022: $1,871,024Expenses 2022: $553,783Net Income 2022: $1,317,2412022Revenue 2023: $2,490,130Expenses 2023: $646,061Net Income 2023: $1,844,0692023Revenue 2024: $1,963,077Expenses 2024: $592,487Net Income 2024: $1,370,5902024

Highlighted filing

2016

Revenue$519,514
Expenses$412,632
Net Income$106,882
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 9, 2017
Return Version
2015v3.0
Gross Receipts
$664,928
Mission and Program Overview

Mission

The mission of twin cities development is to promote economic and community development in scotts bluff county and other surrounding communities in western nebraska.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$323,803$840,251▲ $516,448
Cash and Non-Interest-Bearing Accounts$341,428$220,006▼ $121,422
Savings and Temporary Cash Investments$54,108$137,583▲ $83,475
Accounts Receivable$4,875$10,525▲ $5,650
Total Assets$765,915$1,451,690▲ $685,775
Other Assets Total$41,701$243,325▲ $201,624
Liabilities
Mortgage Notes Payable Secured by Investment Property-$558,523-
Other Liabilities$16,470$28,705▲ $12,235
Accounts Payable and Accrued Expenses$12,907$21,042▲ $8,135
Total Liabilities$29,377$608,270▲ $578,893
Net Assets / Fund Balance
Unrestricted Net Assets$736,538$843,420▲ $106,882
Total Net Assets Fund Balance$736,538$843,420▲ $106,882
Total Liabilities and Net Assets / Fund Balance$765,915$1,451,690▲ $685,775

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$680,128$61,390$741,518
Land$140,000-$140,000
Equipment$20,123$34,072$54,195
Other Assets Org$243,325--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rawnda PierceExecutive DiFT$99,431$2,925$102,356

Board Members and Trustees

NameTitle
Todd HolcombPresident
Brad MolineMember
Chris KelleyMember
Jason WebbMember
Lindsay SnyderMember
Phil BrookerMember
Vinc AulickMember
Jim KerrSecretary /
Karen PalmVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$150,447
Program Service Revenue
$330,678
Investment Income
$6,024
Other Revenue
$32,365
Change in Net Assets
$106,882

Audited Revenue Reconciliation

Revenue per Audited Statements
$519,514
Total Revenue per Audited Statements
$519,514
Total Revenue per Form 990
$519,514
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$219,852
Salaries, Compensation, and Employee Benefits$192,780
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$102,356-$102,356
Occupancy$84,875--$84,875
Other Salaries and Wages-$70,264-$70,264
Depreciation Depletion$27,418--$27,418
Office Expenses-$24,730-$24,730
Payroll Taxes-$19,069-$19,069
All Other Expenses$10,662$4,294-$14,956
Advertising-$12,940-$12,940
Travel-$6,646-$6,646
Fees for Services Accounting-$6,270-$6,270
Interest$5,216--$5,216
Other Expenses$4,453--$4,453
Insurance-$1,793-$1,793
Pension Plan Contributions-$954-$954
Other Employee Benefits-$137-$137
Total Functional Expenses$163,179$249,453$0$412,632

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$412,632
Total Expenses per Audited Statements$412,632
Total Expenses per Form 990$412,632
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Security Deposits$28,705
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
Yes
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, Page 6, Part VI, Line 11B

The executive director reviews the form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Although twin cities development does not have a written conflict of interest policy at this time the matter is addressed at the board of directors meetings. If a board member has a conflict of interest on a matter, it is declared. The board votes on the conflict and the board member will abstain from voting on the matter if it is found they have a valid conflict of interest.

Form 990, Page 6, Part VI, Line 15A

The board of directors annually reviews and evaluates compensation for the director.

Form 990, Page 6, Part VI, Line 19

Form 990, form 1023, governing documents and policies are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Twin Cities Development Association
EIN
47-6036153
Phone
3086322833
Address
1620 BROADWAY, SCOTTSBLUFF, NE 69361

Signing Officer

Name
Rawnda Pierce
Title
Executive Director
Phone
3086322833
Signed
2017-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rawnda Pierce
Formed
1985
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
9
Employees
13

Preparer

Firm
CONTRYMAN ASSOCIATES PC CPA'S
Address
PO BOX 2246, SCOTTSBLUFF, NE 69363
Preparer
Dan W Charron CPA Cma
Phone
3086357705
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IRS990/ProgramServiceRevenueGrp/BusinessCd3519100
IRS990/ProgramServiceRevenueGrp/Desc0US BANK BLDG & APARTMENTS
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc2NORTHFIELD VILLA APARTMENTS
IRS990/ProgramServiceRevenueGrp/Desc3JOB POSTING REVENUE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0177798
IRS990/ProgramServiceRevenueGrp/ExclusionAmt133974
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0108671
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110235
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0177798
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1108671
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt233974
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt310235
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0239600
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt047326
IRS990/PYOtherExpensesAmt0166492
IRS990/PYOtherRevenueAmt027484
IRS990/PYProgramServiceRevenueAmt0177548
IRS990/PYRevenuesLessExpensesAmt0112917
IRS990/PYSalariesCompEmpBnftPaidAmt0212549
IRS990/PYTotalExpensesAmt0379041
IRS990/PYTotalRevenueAmt0491958
IRS990/ReconcilationRevenueExpnssAmt0106882
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-1105
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0330678
IRS990/SavingsAndTempCashInvstGrp/BOYAmt054108
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0137583
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0680128
IRS990ScheduleD/BuildingsGrp/DepreciationAmt061390
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0741518
IRS990ScheduleD/EquipmentGrp/BookValueAmt020123
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034072
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt054195
IRS990ScheduleD/ExpensesSubtotalAmt0412632
IRS990ScheduleD/LandGrp/BookValueAmt0140000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0140000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0243325
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ASSETS HELD FOR RESALE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0519514
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0840251
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0243325
IRS990ScheduleD/TotalExpensesPerForm990Amt0412632
IRS990ScheduleD/TotalLiabilityAmt028705
IRS990ScheduleD/TotalRevenuePerForm990Amt0519514
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0519514
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0412632
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALTHOUGH TWIN CITIES DEVELOPMENT DOES NOT HAVE A WRITTEN CONFLICT OF INTEREST POLICY AT THIS TIME THE MATTER IS ADDRESSED AT THE BOARD OF DIRECTORS MEETINGS. IF A BOARD MEMBER HAS A CONFLICT OF INTEREST ON A MATTER, IT IS DECLARED. THE BOARD VOTES ON THE CONFLICT AND THE BOARD MEMBER WILL ABSTAIN FROM VOTING ON THE MATTER IF IT IS FOUND THEY HAVE A VALID CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND EVALUATES COMPENSATION FOR THE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, FORM 1023, GOVERNING DOCUMENTS AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0765915
IRS990/TotalAssetsEOYAmt01451690
IRS990/TotalAssetsGrp/BOYAmt0765915
IRS990/TotalAssetsGrp/EOYAmt01451690
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0150447
IRS990/TotalEmployeeCnt013
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0249453
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0163179
IRS990/TotalFunctionalExpensesGrp/TotalAmt0412632
IRS990/TotalGrossUBIAmt0-1105
IRS990/TotalLiabilitiesBOYAmt029377
IRS990/TotalLiabilitiesEOYAmt0608270
IRS990/TotalLiabilitiesGrp/BOYAmt029377
IRS990/TotalLiabilitiesGrp/EOYAmt0608270
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0736538
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0843420
IRS990/TotalOtherCompensationAmt02925
IRS990/TotalProgramServiceExpensesAmt0163179
IRS990/TotalProgramServiceRevenueAmt0330678
IRS990/TotalReportableCompFromOrgAmt099431
IRS990/TotalRevenueGrp/ExclusionAmt0212608
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0157564
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0519514
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-1105
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0765915
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01451690
IRS990/TravelGrp/ManagementAndGeneralAmt06646
IRS990/TravelGrp/TotalAmt06646
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0736538
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0843420
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01620 BROADWAY
IRS990/USAddress/CityNm0SCOTTSBLUFF
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd069361
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.TCDNE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RAWNDA PIERCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03086322833
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TWIN CITIES DEVELOPMENT ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0TWIN
ReturnHeader/Filer/EIN0476036153
ReturnHeader/Filer/PhoneNum03086322833
ReturnHeader/Filer/USAddress/AddressLine1Txt01620 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0SCOTTSBLUFF
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd069361
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470623143
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONTRYMAN ASSOCIATES PC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2246
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SCOTTSBLUFF
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd069363
ReturnHeader/PreparerPersonGrp/PhoneNum03086357705
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAN W CHARRON CPA CMA
ReturnHeader/ReturnTs02017-08-15T08:55:48-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.28$0.23$7.05$1.96$0.59$1.37
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.88$0.20$5.68$2.49$0.65$1.84
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.72$0.89$3.83$1.87$0.55$1.32
2021Detailed filing. Detailed filing data is available for this year.$3.41$0.90$2.52$1.49$0.39$1.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.52$0.11$1.41$0.79$0.68$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.18$1.29$0.85$0.59$0.26
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.65$0.61$1.04$0.65$0.58$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.68$0.96$0.69$0.58$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.45$0.61$0.84$0.52$0.41$0.11
2015Summary only. Only limited summary data is available for this year.$0.77$0.03$0.74$0.49$0.38$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.65$0.03$0.63$0.44$0.37$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.02$0.56$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.03$0.55$0.40
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.02$0.62$0.78
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.03$0.73$0.35