Wisner Community Development EIN 31-1501039

Wisner Community Development FY2022 filing

EIN  31-1501039 Public charity (501(c)(3)) Wisner, NE
Form 990 (PDF)
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Size
<$100K
What they do
Promotes agribusiness, tourism, infrastructure, housing, and child development through member collaboration.
Leadership
Sonya Arduser · Secretary
Money in and out
$32K revenue, $87K expenses
Bottom line
100% program efficiency

Promotes agribusiness, tourism, infrastructure, housing, and child development through member collaboration. For fiscal year 2022 it reported $32K in revenue, $87K in expenses, and $518K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$32K
Pt VIII · Ln 12
Total expenses
$87K
Pt IX · Ln 25
Net assets
$518K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$55K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-169%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$32K
FY2022▼ -70%
Expenses
$87K
FY2022▼ -29%
Total assets
$709K
FY2022▼ -2%
Total liabilities
$191K
FY2022▲ +25%
Total revenue
$32K
Pt VIII · Ln 12
Total expenses
$87K
Pt IX · Ln 25
Net assets
$518K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$55K
Total assetsPt X · Ln 16$709K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $87K of program spending, described in the organization's own filed words · FY2022.
01

Developed farmland bordering the city limits to help individuals build homes and assist businesses to expand or establish new operations. A nationally recognized engineering firm has been hired to guide development of the grandview addition. The land was graded, a residential street has been paved and utilities are being installed.

$34Kprogram expense
02

During the year, wisner community development hosted a program to encourage attendees to assess changes in their community and help achieve future growth; participated in strategic planning with the city; held a session to get young adults more involved in community projects; worked with the city to get tax increment financing for the…

$29Kprogram expense
03

Recruited a dentist to wisner with the assistance of nebraska office of rural health. Wisner community development agreed to participate in the nebraska loan repayment program for DR steven ready as part of the recruitment package.

$24Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWisner Community Development
EINHdr · item D31-1501039
Principal addressHdr · item CWisner, NE
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S41)
Ruling yearIRS BMFOct 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$19K · 58%
Other revenue$14K · 42%
Contributions & grants58%$19K
Other revenue42%$14K
Investment income$52
— government grantsLn 1e$15K
Total revenueLn 12$32K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$87K
Total functional expensesLn 25$87K

Balance Sheet

Part X · end of year
CashLn 1$14K
Total assetsLn 16$709K
Total liabilitiesLn 26$191K
Total net assetsLn 32$518K
Months of cash on handcomputed2.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14K · Operating expenses/yr $87K
2.0 months
Where the money goes
Program services
Program services $87K · Total expenses $87K
100%
Management & General
Management & general $0 · Total expenses $87K
0%
Fundraising
Fundraising $0 · Total expenses $87K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $19K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $19K · Total revenue $32K
58%
Government reliance
Government grants $15K · Total revenue $32K
45%
Earned-income share
Program service revenue $0 · Total revenue $32K
0%
Investment reliance
Investment income $52 · Total revenue $32K
+0.2%
Program self-sufficiency
Program service revenue $0 · Total expenses $87K
0%
Growth & trend
Revenue growth (YoY)
This year $32K · Prior year $109K
-70%
Net-asset trend (YoY)
End of year $518K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $32K · Expenses $87K
-169%
Liabilities-to-Assets
Total liabilities — · Total assets $709K
Net-asset ratio
Net assets $518K · Total assets $709K
73%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $709K
0%
People & payroll
Highest Reported Total Compensation
Individual Sonya Arduser · Reported title Secretary · Highest reported compensation $0 · Total expenses $87K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $21K · Total expenses $87K
24%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth -70%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$15K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$-32K revenue · ⤓ 990 PDF
FY2023$69K revenue · ⤓ 990 PDF
FY2022$32K revenue · viewing · ⤓ 990 PDF
FY2021$109K revenue · ⤓ 990 PDF
FY2020$95K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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