Civic Intelligence

North Iowa Corridor Economic Development Corporation

EIN 75-3190471 • 501(c)6 • Mason City, IA

Profile

Support business and industry with retention and expansion projects and attract new business and industry to cerro gordo county, mason city and clear lake.

9 North Federal AveMason City, IA 50401

www.northiowacorridor.com

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.05x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

52nd percentile

0.18x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

7th percentile

-21%

Higher net margin than 7% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

72nd percentile

$208,622

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 31.6% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

22nd percentile

-4.9%

Faster asset growth than 22% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

5th percentile

-30%

Faster revenue growth than 5% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$2,260,473

Down $116,825 (-4.9%) from 2024

Liabilities

Up

$118,155

Up $18,676 (+19%) from 2024

Net Assets

Down

$2,142,318

Down $135,501 (-5.9%) from 2024

Operations
Liabilities / Revenue52nd percentileNet Margin7th percentile

Revenue

Down

$659,302

Down $277,309 (-30%) from 2024

Expenses

Down

$794,803

Down $94,177 (-11%) from 2024

Net Income

Down

-$135,501

Down $183,132 (-384%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $389,799Liabilities 2011: $7,669Net Assets 2011: $382,1302011Assets 2012: $2,016,033Liabilities 2012: $24,386Net Assets 2012: $1,991,6472012Assets 2013: $2,003,327Liabilities 2013: $18,087Net Assets 2013: $1,985,2402013Assets 2014: $2,016,458Liabilities 2014: $18,676Net Assets 2014: $1,997,7822014Assets 2015: $2,076,729Liabilities 2015: $8,733Net Assets 2015: $2,067,9962015Assets 2016: $2,075,867Liabilities 2016: $11,024Net Assets 2016: $2,064,8432016Assets 2017: $2,081,724Liabilities 2017: $11,942Net Assets 2017: $2,069,7822017Assets 2018: $2,060,301Liabilities 2018: $12,614Net Assets 2018: $2,047,6872018Assets 2019: $2,021,026Liabilities 2019: $9,534Net Assets 2019: $2,011,4922019Assets 2020: $2,116,093Liabilities 2020: $109,107Net Assets 2020: $2,006,9862020Assets 2021: $2,106,730Liabilities 2021: $143,497Net Assets 2021: $1,963,2332021Assets 2022: $2,017,451Liabilities 2022: $80,031Net Assets 2022: $1,937,4202022Assets 2023: $2,035,032Liabilities 2023: $79,844Net Assets 2023: $1,955,1882023Assets 2024: $2,377,298Liabilities 2024: $99,479Net Assets 2024: $2,277,8192024Assets 2025: $2,260,473Liabilities 2025: $118,155Net Assets 2025: $2,142,3182025

Highlighted filing

2025

Assets$2,260,473
Liabilities$118,155
Net Assets$2,142,318
Open 2025 Filing

Operations Trend

Revenue Growth5th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $412,535Expenses 2011: $397,049Net Income 2011: $15,4862011Revenue 2012: $436,332Expenses 2012: $591,162Net Income 2012: -$154,8302012Revenue 2013: $412,572Expenses 2013: $418,979Net Income 2013: -$6,4072013Revenue 2014: $419,717Expenses 2014: $407,175Net Income 2014: $12,5422014Revenue 2015: $459,751Expenses 2015: $389,535Net Income 2015: $70,2162015Revenue 2016: $427,072Expenses 2016: $430,225Net Income 2016: -$3,1532016Revenue 2017: $488,734Expenses 2017: $452,828Net Income 2017: $35,9062017Revenue 2018: $487,297Expenses 2018: $509,392Net Income 2018: -$22,0952018Revenue 2019: $460,496Expenses 2019: $496,691Net Income 2019: -$36,1952019Revenue 2020: $482,333Expenses 2020: $486,839Net Income 2020: -$4,5062020Revenue 2021: $472,824Expenses 2021: $516,576Net Income 2021: -$43,7522021Revenue 2022: $546,325Expenses 2022: $572,138Net Income 2022: -$25,8132022Revenue 2023: $507,544Expenses 2023: $489,776Net Income 2023: $17,7682023Revenue 2024: $936,611Expenses 2024: $888,980Net Income 2024: $47,6312024Revenue 2025: $659,302Expenses 2025: $794,803Net Income 2025: -$135,5012025

Highlighted filing

2025

Revenue$659,302
Expenses$794,803
Net Income-$135,501
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,260,473
Liabilities
$118,155
Net assets
$2,142,318
Revenue
$659,302
Expenses
$794,803
Net income
-$135,501
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.26$0.12$2.14$0.66$0.79$0.14
2024Detailed filing. Detailed filing data is available for this year.$2.38$0.10$2.28$0.94$0.89$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.04$0.08$1.96$0.51$0.49$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.02$0.08$1.94$0.55$0.57$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.14$1.96$0.47$0.52$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.12$0.11$2.01$0.48$0.49$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.02$0.01$2.01$0.46$0.50$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.06$0.01$2.05$0.49$0.51$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.08$0.01$2.07$0.49$0.45$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.08$0.01$2.06$0.43$0.43$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.08$0.01$2.07$0.46$0.39$0.07
2014Detailed filing. Detailed filing data is available for this year.$2.02$0.02$2.00$0.42$0.41$0.01
2013Summary only. Only limited summary data is available for this year.$2.00$0.02$1.99$0.41$0.42$0.01
2012Summary only. Only limited summary data is available for this year.$2.02$0.02$1.99$0.44$0.59$0.15
2011Summary only. Only limited summary data is available for this year.$0.39$0.01$0.38$0.41$0.40$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 27, 2025
Return Version
2024v5.0
Gross Receipts
$659,302
Mission and Program Overview

Mission

Support business and industry

Support business and industry with retention and expansion projects and attract new business and industry to cerro gordo county, mason city and clear lake.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,374,745$1,021,916▼ $352,829
Other Notes and Loans Receivable, Net$548,739$821,604▲ $272,865
Prepaid Expenses and Deferred Charges$61,771$61,771→ $0
Cash and Non-Interest-Bearing Accounts$91,518$56,864▼ $34,654
Pledges and Grants Receivable$25,525$23,318▼ $2,207
Total Assets$2,377,298$2,260,473▼ $116,825
Other Assets Total$275,000$275,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$31,041$64,562▲ $33,521
Grants Payable$68,438$53,593▼ $14,845
Total Liabilities$99,479$118,155▲ $18,676
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,304,706$1,331,105▲ $26,399
Net Assets Without Donor Restrictions$973,113$811,213▼ $161,900
Total Net Assets Fund Balance$2,277,819$2,142,318▼ $135,501
Total Liabilities and Net Assets / Fund Balance$2,377,298$2,260,473▼ $116,825

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$275,000--
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chad SchreckPresidentFT$164,000$79,244$208,622

Board Members and Trustees

NameTitle
Chelsy Snyder AndersonChair
Emily PetersVice Chair
Becky SchwabBoard Member
Bill PhillipsBoard Member
Chad HansenBoard Member
Chris LovellBoard Member
Craig BackhausBoard Member
Ellen Pritchard SedlockBoard Member
Jeff GribbenBoard Member
Kristy KingBoard Member
Susan BunzBoard Member
Scott CurtisSecretary
Paul StevensonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$600,914
Program Service Revenue
$18,931
Investment Income
$39,457
Other Revenue
$0
All Other Contributions
$226,512
Change in Net Assets
$-135,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$501,798
Other Expenses$247,392
Grants and Similar Amounts Paid$45,613
Total Fundraising Expense$44,849
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$136,729$65,447$18,380$220,556
Current Officers, Directors, Trustees, and Key Employees$130,741$29,054$14,527$174,322
Fees for Services Management$59,511--$59,511
Other Employee Benefits$36,911$13,042$4,541$54,494
Grants to Domestic Orgs$45,613--$45,613
Payroll Taxes$21,541$7,611$2,650$31,802
Occupancy$17,574$6,590$2,197$26,361
Pension Plan Contributions$13,970$4,935$1,719$20,624
Other Expenses$16,277$14,292-$14,292
All Other Expenses$400$13,844-$14,244
Travel$8,928$2,756$219$11,903
Conferences and Meetings$1,533$8,703$192$10,428
Insurance-$9,255-$9,255
Fees for Services Accounting-$6,227-$6,227
Office Expenses$3,688$1,506$424$5,618
Information Technology-$1,637-$1,637
Advertising-$726-$726
Fees for Services Legal-$356-$356
Total Functional Expenses$563,973$185,981$44,849$794,803
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
NiaccMason City, IAGovJob Share$45,613
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Cerro gordo county, cities of mason city and clear lake appoint members to the board of directors.”

Form 990, Page 6, Part VI, Line 11B

“A copy of the form 990 is e-mailed to each board member and also available at the main office prior to filing.”

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

“Disclosure of conflicts of interest is an agenda item for each board meeting. Annually, members are required to disclose any conflicts of interest.”

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

“Compensation for the executive director is reviewed annually by the executive committee of the board of directors. Compensation arrangements and benefits are based on performance, comparable survey data, and arm's length negotiation.”

Form 990, Page 6, Part VI, Line 19

“Financial statements, policies and form 990s are held at the office and made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
North Iowa Corridor Economic
EIN
75-3190471
Phone
6414230315
Address
9 NORTH FEDERAL AVE, MASON CITY, IA 50401

Signing Officer

Name
Chad Schreck
Title
President
Phone
6414230315
Signed
2025-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chad Schreck
Formed
2005
Legal Domicile
Ia
Voting Board Members
14
Independent Board Members
14
Employees
4

Preparer

Firm
Harrison & Associates Cpas Pllc
Address
4700 4TH ST SW STE A, MASON CITY, IA 50401
Preparer
Timothy Schupick CPA
Phone
6412437400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Equity interest in 312 e state llc 0”

Raw XML AppendixShowing 400 of 471 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/FormationYr02005
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IRS990/GoverningBodyVotingMembersCnt014
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IRS990/GrantsPayableGrp/BOYAmt068438
IRS990/GrantsPayableGrp/EOYAmt053593
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt045613
IRS990/GrantsToDomesticOrgsGrp/TotalAmt045613
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IRS990/GrantsToOrganizationsInd0true
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IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01637
IRS990/InformationTechnologyGrp/TotalAmt01637
IRS990/InsuranceGrp/ManagementAndGeneralAmt09255
IRS990/InsuranceGrp/TotalAmt09255
IRS990/InvestmentIncomeGrp/ExclusionAmt039457
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt039457
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IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUPPORT BUSINESS AND INDUSTRY WITH RETENTION AND EXPANSION PROJECTS AND ATTRACT NEW BUSINESS AND INDUSTRY TO CERRO GORDO COUNTY, MASON CITY AND CLEAR LAKE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02277819
IRS990/NetAssetsOrFundBalancesEOYAmt02142318
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0811213
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IRS990/OccupancyGrp/FundraisingAmt02197
IRS990/OccupancyGrp/ManagementAndGeneralAmt06590
IRS990/OccupancyGrp/ProgramServicesAmt017574
IRS990/OccupancyGrp/TotalAmt026361
IRS990/OfficeExpensesGrp/FundraisingAmt0424
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01506
IRS990/OfficeExpensesGrp/ProgramServicesAmt03688
IRS990/OfficeExpensesGrp/TotalAmt05618
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0275000
IRS990/OtherAssetsTotalGrp/EOYAmt0275000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt04541
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013042
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036911
IRS990/OtherEmployeeBenefitsGrp/TotalAmt054494
IRS990/OtherExpensesGrp/Desc0CHILDCARE WORKS PROGRAM
IRS990/OtherExpensesGrp/Desc1MARKETING COSTS
IRS990/OtherExpensesGrp/Desc2HOUSING CORPORATION
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014292
IRS990/OtherExpensesGrp/ProgramServicesAmt050000
IRS990/OtherExpensesGrp/ProgramServicesAmt120557
IRS990/OtherExpensesGrp/ProgramServicesAmt216277
IRS990/OtherExpensesGrp/TotalAmt050000
IRS990/OtherExpensesGrp/TotalAmt120557
IRS990/OtherExpensesGrp/TotalAmt216277
IRS990/OtherExpensesGrp/TotalAmt314292
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt018380
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt065447
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0136729
IRS990/OtherSalariesAndWagesGrp/TotalAmt0220556
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0548739
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0821604
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02650
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07611
IRS990/PayrollTaxesGrp/ProgramServicesAmt021541
IRS990/PayrollTaxesGrp/TotalAmt031802
IRS990/PensionPlanContributionsGrp/FundraisingAmt01719
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04935
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt013970
IRS990/PensionPlanContributionsGrp/TotalAmt020624
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025525
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt023318
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt061771
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt061771
IRS990/PrincipalOfficerNm0CHAD SCHRECK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING DEVELOPMENT CORP
IRS990/ProgramServiceRevenueGrp/ExclusionAmt018931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018931
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0916796
IRS990/PYGrantsAndSimilarPaidAmt07237
IRS990/PYInvestmentIncomeAmt019815
IRS990/PYOtherExpensesAmt0482043
IRS990/PYRevenuesLessExpensesAmt047631
IRS990/PYSalariesCompEmpBnftPaidAmt0399700
IRS990/PYTotalExpensesAmt0888980
IRS990/PYTotalRevenueAmt0936611
IRS990/ReconcilationRevenueExpnssAmt0-135501
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01374745
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01021916
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0275000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EQUITY INTEREST IN 312 E STATE ST LL
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0275000
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt045613
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0JOB SHARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NIACC
IRS990ScheduleI/RecipientTable/RecipientEIN0420930155
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0500 COLLEGE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MASON CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd050401
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0164000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount010000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt028622
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt040622
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHAD SCHRECK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0208622
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CERRO GORDO COUNTY, CITIES OF MASON CITY AND CLEAR LAKE APPOINT MEMBERS TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS E-MAILED TO EACH BOARD MEMBER AND ALSO AVAILABLE AT THE MAIN OFFICE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCLOSURE OF CONFLICTS OF INTEREST IS AN AGENDA ITEM FOR EACH BOARD MEETING. ANNUALLY, MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION ARRANGEMENTS AND BENEFITS ARE BASED ON PERFORMANCE, COMPARABLE SURVEY DATA, AND ARM'S LENGTH NEGOTIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCIAL STATEMENTS, POLICIES AND FORM 990S ARE HELD AT THE OFFICE AND MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EQUITY INTEREST IN 312 E STATE LLC 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0312 E STATE ST LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt014298
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0GENERAL
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt028245
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt09 NORTH FEDERAL AVE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0MASON CITY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd050401
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NI CORRIDO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NI CORRIDOR HOUSING DEVELOPMENT COR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0874542830
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09 N FEDERAL AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MASON CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd050401
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

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