Civic Intelligence

Itc Rural Economic Development Inc.

990 • Fiscal year 2020 • EIN 75-3002561

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 15, 2021

PO Box 920Clear Lake, SD 57226

(605) 874-2181

Siviq Scores

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

Liabilities / Assets

65th percentile

0.23x

Higher debt load relative to assets than 65% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

9.39x

Higher debt load relative to revenue than 98% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

3rd percentile

-119%

Higher net margin than 3% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

15th percentile

-5.0%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-17%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,228,377

Down $64,549 (-5.0%) from 2019

Net Assets

Down

$948,358

Down $35,623 (-3.6%) from 2019

Liabilities

Down

$280,019

Down $28,926 (-9.4%) from 2019

Revenue

Down

$29,831

Down $6,307 (-17%) from 2019

Expenses

Down

$65,454

Down $8,375 (-11%) from 2019

Net Income

Up

-$35,623

Up $2,068 (+5.5%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $1,376,177Liabilities 2010: $556,722Net Assets 2010: $819,4552010Assets 2011: $1,375,574Liabilities 2011: $530,274Net Assets 2011: $845,3002011Assets 2012: $1,364,289Liabilities 2012: $503,562Net Assets 2012: $860,7272012Assets 2013: $1,346,539Liabilities 2013: $476,583Net Assets 2013: $869,9562013Assets 2014: $1,356,495Liabilities 2014: $449,333Net Assets 2014: $907,1622014Assets 2015: $1,339,946Liabilities 2015: $421,811Net Assets 2015: $918,1352015Assets 2016: $1,339,073Liabilities 2016: $394,014Net Assets 2016: $945,0592016Assets 2017: $1,344,465Liabilities 2017: $365,940Net Assets 2017: $978,5252017Assets 2018: $1,359,080Liabilities 2018: $337,408Net Assets 2018: $1,021,6722018Assets 2019: $1,292,926Liabilities 2019: $308,945Net Assets 2019: $983,9812019Assets 2020: $1,228,377Liabilities 2020: $280,019Net Assets 2020: $948,3582020Assets 2021: $1,210,122Liabilities 2021: $250,804Net Assets 2021: $959,3182021Assets 2022: $1,281,995Liabilities 2022: $222,684Net Assets 2022: $1,059,3112022Assets 2023: $1,276,105Liabilities 2023: $191,495Net Assets 2023: $1,084,6102023Assets 2024: $1,272,615Liabilities 2024: $161,395Net Assets 2024: $1,111,2202024

Highlighted filing

2020

Assets$1,228,377
Liabilities$280,019
Net Assets$948,358

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $12,0092010Expenses 2011: $12,3232011Expenses 2012: $12,2262012Revenue 2013: $20,835Expenses 2013: $11,606Net Income 2013: $9,2292013Revenue 2014: $49,072Expenses 2014: $11,866Net Income 2014: $37,2062014Revenue 2015: $22,137Expenses 2015: $11,164Net Income 2015: $10,9732015Revenue 2016: $40,708Expenses 2016: $13,784Net Income 2016: $26,9242016Revenue 2017: $44,632Expenses 2017: $11,166Net Income 2017: $33,4662017Revenue 2018: $53,545Expenses 2018: $10,398Net Income 2018: $43,1472018Revenue 2019: $36,138Expenses 2019: $73,829Net Income 2019: -$37,6912019Revenue 2020: $29,831Expenses 2020: $65,454Net Income 2020: -$35,6232020Revenue 2021: $21,697Expenses 2021: $10,737Net Income 2021: $10,9602021Revenue 2022: $113,014Expenses 2022: $13,021Net Income 2022: $99,9932022Revenue 2023: $35,972Expenses 2023: $10,673Net Income 2023: $25,2992023Revenue 2024: $38,691Expenses 2024: $12,081Net Income 2024: $26,6102024

Highlighted filing

2020

Revenue$29,831
Expenses$65,454
Net Income-$35,623
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 15, 2021
Return Version
2020v4.1
Gross Receipts
$29,831
Mission and Program Overview

Mission

Intent - to provide low interest loans to businesses and communities for the purpose of adding value, employment, and rural community opportunities. Proposals may include healthcare, environmental, educational, and safety-related projects.

Provide low interest loans to enhance vitality of rural communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$830,365$812,940▼ $17,425
Investments Program Related$461,385$415,389▼ $45,996
Accounts Receivable$1,176$48▼ $1,128
Total Assets$1,292,926$1,228,377▼ $64,549
Liabilities
Mortgage Notes Payable Secured by Investment Property$307,236$278,470▼ $28,766
Accounts Payable and Accrued Expenses$1,709$1,549▼ $160
Total Liabilities$308,945$280,019▼ $28,926
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$653,981$618,358▼ $35,623
Net Assets With Donor Restrictions$330,000$330,000→ $0
Total Net Assets Fund Balance$983,981$948,358▼ $35,623
Total Liabilities and Net Assets / Fund Balance$1,292,926$1,228,377▼ $64,549

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$415,389--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom MainPresident
Connie SawinskyDirector (JAN-OCT); VP (OCT-DEC)
Warren BrandleeVP (JAN-OCT); DIRECTOR
Cliff RuesinkSECRETARY (JAN-OCT); LEFT 10/2020
Joel RipleyTREAS. (JAN-OCT); SEC. (OCT-DEC)
Joel BrandtTreasurer (oct-dec)
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$27,810
Investment Income
$2,021
Other Revenue
$0
Change in Net Assets
$-35,623

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,831
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$8,749
Total Revenue per Audited Statements
$38,580
Total Revenue per Form 990
$29,831
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,454
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
Other Expenses$54,278--$54,278
Fees for Services Accounting-$8,264-$8,264
Interest$2,912--$2,912
Total Functional Expenses$57,190$8,264$0$65,454

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$74,203
Expenses per Audited Statements$65,454
Total Expenses per Form 990$65,454
Expenses Not Reported on Form 990$8,749
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

The board members have a business relationship in that they are all board members of the parent organization (interstate telecommunications cooperative, inc).

Form 990, Part VI, Section A, Line 8B

The organization does not have committees.

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

The ceo/cfo of the parent organization will review the form 990 in detail. After their review, the return will be given to the board of directors for their review.

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

Itc has a policy that covers the employees and the board of directors. If a conflict exists, it is determined at management or board level. The board reviews any conflicts. If there is a conflict, a loan is not made.

Form 990, Part VI, Section B, Line 15

No compensation is paid by this organization. It is run by volunteer board members who also serve on the board of directors of the parent organization.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Itc Rural Economic Development Inc
EIN
75-3002561
Phone
6058742181
Address
PO BOX 920, CLEAR LAKE, SD 57226

Signing Officer

Name
Tom Main
Title
President
Phone
6058742181
Signed
2021-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Main
Formed
2001
Legal Domicile
Sd
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
10

Preparer

Firm
Eide Bailly Llp
Address
200 E 10TH ST STE 500, SIOUX FALLS, SD 57104-6375
Preparer
Laurie Hanson CPA
Phone
6053391999
Supplemental Narrative

Additional Explanations

ADDITIONAL INFORMATION:

The itc rural economic development inc loan information can be accessed on the web at www.itc-web.com. - click on "about itc" - click on "redi loan fund program"

Financial Statement Notes

PART X, LINE 2:

The organization believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.

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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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IRS990ScheduleA/PublicSupportTotal509Amt0161414
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt02014
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt01096
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt014458
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt07941
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt04485
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt029994
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt02014
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt01096
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt04705
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt07941
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt04485
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt020241
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt027810
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt028627
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt050723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt044223
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt040025
IRS990ScheduleA/Total509Grp/TotalAmt0191408
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt029831
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt036138
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt053545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt044632
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt040708
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0204854
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt08749
IRS990ScheduleD/DonatedServicesUseFcltsAmt08749
IRS990ScheduleD/ExpensesNotReportedAmt08749
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt065454
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0415389
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0EXEMPT-PURPOSE NOTES RECEIVABLE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt08749
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt029831
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt0415389
IRS990ScheduleD/TotalExpensesPerForm990Amt065454
IRS990ScheduleD/TotalRevenuePerForm990Amt029831
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt038580
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt074203
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS HAVE A BUSINESS RELATIONSHIP IN THAT THEY ARE ALL BOARD MEMBERS OF THE PARENT ORGANIZATION (INTERSTATE TELECOMMUNICATIONS COOPERATIVE, INC).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO/CFO OF THE PARENT ORGANIZATION WILL REVIEW THE FORM 990 IN DETAIL. AFTER THEIR REVIEW, THE RETURN WILL BE GIVEN TO THE BOARD OF DIRECTORS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ITC HAS A POLICY THAT COVERS THE EMPLOYEES AND THE BOARD OF DIRECTORS. IF A CONFLICT EXISTS, IT IS DETERMINED AT MANAGEMENT OR BOARD LEVEL. THE BOARD REVIEWS ANY CONFLICTS. IF THERE IS A CONFLICT, A LOAN IS NOT MADE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMPENSATION IS PAID BY THIS ORGANIZATION. IT IS RUN BY VOLUNTEER BOARD MEMBERS WHO ALSO SERVE ON THE BOARD OF DIRECTORS OF THE PARENT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ITC RURAL ECONOMIC DEVELOPMENT INC LOAN INFORMATION CAN BE ACCESSED ON THE WEB AT WWW.ITC-WEB.COM. - CLICK ON "ABOUT ITC" - CLICK ON "REDI LOAN FUND PROGRAM"
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6ADDITIONAL INFORMATION:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0460398588
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0SD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0COMMUNICATIONS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0INTERSTATE TELECOMMUNICATIONS COOPERATIVE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0PO BOX 920
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0CLEAR LAKE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0SD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd057226
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01292926
IRS990/TotalAssetsEOYAmt01228377
IRS990/TotalAssetsGrp/BOYAmt01292926
IRS990/TotalAssetsGrp/EOYAmt01228377
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08264
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt057190
IRS990/TotalFunctionalExpensesGrp/TotalAmt065454
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0308945
IRS990/TotalLiabilitiesEOYAmt0280019
IRS990/TotalLiabilitiesGrp/BOYAmt0308945
IRS990/TotalLiabilitiesGrp/EOYAmt0280019
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0983981
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0948358
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt057190
IRS990/TotalProgramServiceRevenueAmt027810
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02021
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027810
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt029831
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01292926
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01228377
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 920
IRS990/USAddress/CityNm0CLEAR LAKE
IRS990/USAddress/StateAbbreviationCd0SD
IRS990/USAddress/ZIPCd057226
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.ITC-WEB.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM MAIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06058742181

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.16$1.11$0.04$0.01$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.19$1.08$0.04$0.01$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.28$0.22$1.06$0.11$0.01$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.25$0.96$0.02$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.28$0.95$0.03$0.07$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.31$0.98$0.04$0.07$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.34$1.02$0.05$0.01$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.37$0.98$0.04$0.01$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.39$0.95$0.04$0.01$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.42$0.92$0.02$0.01$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.36$0.45$0.91$0.05$0.01$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.35$0.48$0.87$0.02$0.01$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.50$0.86$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.53$0.85$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.56$0.82$0.01