Civic Intelligence

Clinton Business Park

990 • Fiscal year 2019 • EIN 81-0545977

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 23, 2020

721 S 2nd Street Suite 1Clinton, IA 52732

(563) 242-5702

Siviq Scores

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

Liabilities / Assets

16th percentile

0.01x

Higher debt load relative to assets than 16% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

80th percentile

0.43x

Higher debt load relative to revenue than 80% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

97th percentile

50%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

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

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

33rd percentile

0.6%

Faster asset growth than 33% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

76th percentile

13%

Faster revenue growth than 76% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,280,523

Up $7,521 (+0.6%) from 2018

Net Assets

Up

$1,274,045

Up $7,409 (+0.6%) from 2018

Liabilities

Up

$6,478

Up $112 (+1.8%) from 2018

Revenue

Up

$14,900

Up $1,681 (+13%) from 2018

Expenses

Up

$7,491

Up $972 (+15%) from 2018

Net Income

Up

$7,409

Up $709 (+11%) from 2018

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 2011: $1,104,058Liabilities 2011: $140,079Net Assets 2011: $963,9792011Assets 2012: $1,100,886Liabilities 2012: $6,708Net Assets 2012: $1,094,1782012Assets 2013: $1,413,694Liabilities 2013: $156,390Net Assets 2013: $1,257,3042013Assets 2014: $1,325,223Liabilities 2014: $41,390Net Assets 2014: $1,283,8332014Assets 2015: $1,309,836Liabilities 2015: $41,288Net Assets 2015: $1,268,5482015Assets 2016: $1,300,555Liabilities 2016: $39,673Net Assets 2016: $1,260,8822016Assets 2017: $1,265,933Liabilities 2017: $5,997Net Assets 2017: $1,259,9362017Assets 2018: $1,273,002Liabilities 2018: $6,366Net Assets 2018: $1,266,6362018Assets 2019: $1,280,523Liabilities 2019: $6,478Net Assets 2019: $1,274,0452019Assets 2020: $1,283,483Liabilities 2020: $6,110Net Assets 2020: $1,277,3732020Assets 2021: $1,293,494Liabilities 2021: $6,423Net Assets 2021: $1,287,0712021Assets 2022: $1,315,467Liabilities 2022: $6,483Net Assets 2022: $1,308,9842022Assets 2023: $1,320,130Liabilities 2023: $6,059Net Assets 2023: $1,314,0712023Assets 2024: $1,334,686Liabilities 2024: $22,491Net Assets 2024: $1,312,1952024

Highlighted filing

2019

Assets$1,280,523
Liabilities$6,478
Net Assets$1,274,045

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $19,6242011Revenue 2012: $142,473Expenses 2012: $12,274Net Income 2012: $130,1992012Revenue 2013: $241,920Expenses 2013: $78,794Net Income 2013: $163,1262013Revenue 2014: $62,509Expenses 2014: $35,980Net Income 2014: $26,5292014Revenue 2015: -$585Expenses 2015: $14,700Net Income 2015: -$15,2852015Revenue 2016: $20,487Expenses 2016: $28,153Net Income 2016: -$7,6662016Revenue 2017: $11,563Expenses 2017: $12,509Net Income 2017: -$9462017Revenue 2018: $13,219Expenses 2018: $6,519Net Income 2018: $6,7002018Revenue 2019: $14,900Expenses 2019: $7,491Net Income 2019: $7,4092019Revenue 2020: $14,665Expenses 2020: $11,337Net Income 2020: $3,3282020Revenue 2021: $19,944Expenses 2021: $10,246Net Income 2021: $9,6982021Revenue 2022: $28,908Expenses 2022: $6,995Net Income 2022: $21,9132022Revenue 2023: $15,093Expenses 2023: $10,006Net Income 2023: $5,0872023Revenue 2024: $29,212Expenses 2024: $31,088Net Income 2024: -$1,8762024

Highlighted filing

2019

Revenue$14,900
Expenses$7,491
Net Income$7,409
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 23, 2020
Return Version
2019v5.0
Gross Receipts
$21,434
Mission and Program Overview

Mission

To aquire farmland and develop it as an industrial park.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,087,171$1,115,748▲ $28,577
Savings and Temporary Cash Investments$106,221$108,722▲ $2,501
Cash and Non-Interest-Bearing Accounts$79,610$56,053▼ $23,557
Total Assets$1,273,002$1,280,523▲ $7,521
Liabilities
Accounts Payable and Accrued Expenses$6,366$6,478▲ $112
Total Liabilities$6,366$6,478▲ $112
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$951,042$958,451▲ $7,409
Net Assets With Donor Restrictions$315,594$315,594→ $0
Total Net Assets Fund Balance$1,266,636$1,274,045▲ $7,409
Total Liabilities and Net Assets / Fund Balance$1,273,002$1,280,523▲ $7,521

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,088,710-$1,088,710
Equipment$27,038$23,674$50,712
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert HolesingerChair
Bob AllmandingerDirector
John TottenDirector
Mark VulichDirector
Mike FryeDirector
Richard PhelanDirector
Steve ClementsDirector
Tom DetermannDirector
Dennis LauverMarketing Li
Maureen MillerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,502
Other Revenue
$12,398
Change in Net Assets
$7,409
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,491
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
Fees for Services Accounting$1,620--$1,620
Other Expenses$783--$783
Depreciation Depletion$709--$709
Total Functional Expenses$7,491$0$0$7,491
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
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
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

A copy of the return is forwarded to all board members before submitting.

Form 990, Page 6, Part VI, Line 19

The governing documents are available to the public upon written request to any board member.

Filing and Contact Details

Filer

Filer Name
Clinton Business Park
EIN
81-0545977
Phone
5632425702
Address
721 S 2ND STREET SUITE 1, CLINTON, IA 52732

Signing Officer

Name
Robert Holesinger
Title
Chair
Phone
5632425702
Signed
2020-03-23

Organization Details

Principal Officer
Robert Holesinger
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Winkel Parker & Foster CPA Pc
Address
1301 19TH AVE NW, CLINTON, IA 52732-2434
Preparer
Gary L Foster CPA
Phone
5632423440
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Industrial park development. Developing land to be used as an industrial park using farmland.

Raw XML Appendix298 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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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLINTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0527322434
ReturnHeader/PreparerPersonGrp/PhoneNum05632423440
ReturnHeader/PreparerPersonGrp/PreparationDt02020-03-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY L FOSTER CPA
ReturnHeader/ReturnTs02020-03-30T08:47:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.$1.33$0.02$1.31$0.03$0.03$0.00
2023Summary only. Only limited summary data is available for this year.$1.32$0.01$1.31$0.02$0.01$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.01$1.31$0.03$0.01$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.01$1.29$0.02$0.01$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.01$1.28$0.01$0.01$0.00
2019Detailed filing. Detailed filing data is available for this year.$1.28$0.01$1.27$0.01$0.01$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.01$1.27$0.01$0.01$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.01$1.26$0.01$0.01$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.04$1.26$0.02$0.03$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.04$1.27$0.00$0.01$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.04$1.28$0.06$0.04$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.41$0.16$1.26$0.24$0.08$0.16
2012Summary only. Only limited summary data is available for this year.$1.10$0.01$1.09$0.14$0.01$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.14$0.96$0.02
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)6 • $1M-$5M nonprofits