Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Southern Valley Economic Development Aut
990EZ • Fiscal year 2019 • EIN 83-1186139
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
82nd percentile
Higher net margin than 82% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 53.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$45,937
No earlier filing loaded for comparison.
Net Assets
$45,937
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$159,852
No earlier filing loaded for comparison.
Expenses
$129,676
No earlier filing loaded for comparison.
Net Income
$30,176
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Jun 8, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $159,852
Mission and Program Overview
Mission
To aid, assist, and promote economic development, new wealth creation, and job growth within the geographic area of the City of Wahpeton, ND, City of Breckenridge, MN, Wilkin County, Minnesota, and Richland County, North Dakota.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| -Established the Joint Power Authority -Created a network across Richland and Wilkin County -Held training events and regional discussions around entrepreneurship and business development -Worked with outside businesses to come to the area | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Justin Neppl | Executive Director | FT | $66,950 | $17,818 | $84,768 |
| Robert Wurl | Director | - | $0 | - | - |
| Nathan Berseth | Chairman | - | $0 | - | - |
| Rory McCann | Director | - | $0 | - | - |
| Brad Pauly | Director | - | $0 | - | - |
| Corey Kratcha | Director | - | $0 | - | - |
| Steve Kent | Director | - | $0 | - | - |
| Denis Larson | Vice President | - | $0 | - | - |
| Joe Tillman | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Southern Valley Economic Development Aut
- EIN
- 83-1186139
- Phone
- 7016408243
- Address
- 1505 11TH ST N - PO BOX 961, WAHPETON, ND 58074
Signing Officer
- Name
- Nathan Berseth
- Title
- Chairman
- Signed
- 2020-06-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Nadine Julson LLC
- Address
- 506 Dakota Ave, Wahpeton, ND 58075
- Preparer
- Daniel Julson
- Phone
- 7016428146
Supplemental Narrative
Additional Explanations
Other Revenue.1
“Other Income $885”
Other Expenses.1001
“Advertising and Promotion $4155”
Other Expenses.1002
“Office Expenses $24081”
Other Expenses.1005
“Travel $1632”
Other Expenses.1007
“Conferences, Conventions, and Meetings $7206”
Other Expenses.1
“Miscellaneous $1002”
Other Assets.1005
“Accounts Receivable - Beginning $13680 Accounts Receivable - Ending $0”
Other Assets.1011
“Prepaid Expenses and Deferred Charges - Beginning $1956 Prepaid Expenses and Deferred Charges - Ending $0”
Total Liabilities.1001
“Accounts Payable and Accrued Expenses - Beginning $755 Accounts Payable and Accrued Expenses - Ending $0”
Total Liabilities.1
“Payroll Liabilities - Beginning $2987 Payroll Liabilities - Ending $0”
Raw XML Appendix146 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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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Robert Wurl |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Nathan Berseth |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Rory McCann |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | Brad Pauly |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Corey Kratcha |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | Steve Kent |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | Denis Larson |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | Joe Tillman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | Justin Neppl |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Chairman |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | Director |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | Executive Dir. |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 15636 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38076 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 885 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | To aid, assist, and promote economic development, new wealth creation, and job growth within the geographic area of the City of Wahpeton, ND, City of Breckenridge, MN, Wilkin County, Minnesota, and Richland County, North Dakota. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 155960 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | -Established the Joint Power Authority -Created a network across Richland and Wilkin County -Held training events and regional discussions around entrepreneurship and business development -Worked with outside businesses to come to the area |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 90442 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 3742 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 129676 |
| IRS990EZ/TotalRevenueAmt | 0 | 159852 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/WebsiteAddressTxt | 0 | www.sveda.biz |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Other Income $885 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Advertising and Promotion $4155 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Office Expenses $24081 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Travel $1632 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Conferences, Conventions, and Meetings $7206 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Miscellaneous $1002 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | Accounts Receivable - Beginning $13680 Accounts Receivable - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Prepaid Expenses and Deferred Charges - Beginning $1956 Prepaid Expenses and Deferred Charges - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | Accounts Payable and Accrued Expenses - Beginning $755 Accounts Payable and Accrued Expenses - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | Payroll Liabilities - Beginning $2987 Payroll Liabilities - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Revenue.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.1002 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.1007 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Assets.1005 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Assets.1011 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Total Liabilities.1001 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NATHAN BERSETH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Chairman |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-06-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SOUTHERN VALLEY ECONOMIC DEVELOPMENT AUT |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOUT |
| ReturnHeader/Filer/EIN | 0 | 831186139 |
| ReturnHeader/Filer/PhoneNum | 0 | 7016408243 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1505 11TH ST N - PO BOX 961 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WAHPETON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 58074 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 450448187 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NADINE JULSON LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 506 Dakota Ave |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Wahpeton |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 58075 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7016428146 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DANIEL JULSON |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2020-06-08T07:50:35-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $45,937
- Liabilities
- -
- Net assets
- $45,937
- Revenue
- $159,852
- Expenses
- $129,676
- Net income
- $30,176