Wisner Community Development EIN 31-1501039

Wisner Community Development FY2023 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
Kellie Kimble · Director
Money in and out
$69K revenue, $71K expenses
Bottom line
100% program efficiency

Promotes agribusiness, tourism, infrastructure, housing, and child development through member collaboration. For fiscal year 2023 it reported $69K in revenue, $71K in expenses, and $515K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$69K
Pt VIII · Ln 12
Total expenses
$71K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
3.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
-3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$69K
FY2023▲ +111%
Expenses
$71K
FY2023▼ -19%
Total assets
$539K
FY2023▼ -24%
Total liabilities
$24K
FY2023▼ -87%
Total revenue
$69K
Pt VIII · Ln 12
Total expenses
$71K
Pt IX · Ln 25
Net assets
$515K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$539K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $71K of program spending, described in the organization's own filed words · FY2023.
01

During the year, the wisner community development group young adult stakeholders helped to create community projects at the city park: planning to build splash pad, extend the picnic shelter and add bathhouse to restrooms; others worked with the local school and nebraska community for kids investigating childcare options; advised and…

$36Kprogram expense
02

Continued development of the grandview addition to provide residential lots for homeowners and commercial lots for businesses. By the end of 2023, sales of six residential and three commercial lots were completed and commitments made for nine of the 10 remaining residential lots with paving and utilities installed.

$20Kprogram expense
03

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

$15Kprogram 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 1a10
Independent voting membersPt VI · Ln 1b10
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
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
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
Other revenue$51K · 74%
Contributions & grants$17K · 26%
Other revenue74%$51K
Contributions & grants26%$17K
— government grantsLn 1e$12K
Total revenueLn 12$69K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$71K
Total functional expensesLn 25$71K

Balance Sheet

Part X · end of year
CashLn 1$22K
Total assetsLn 16$539K
Total liabilitiesLn 26$24K
Total net assetsLn 32$515K
Months of cash on handcomputed3.7

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $22K · Operating expenses/yr $71K
3.7 months
Where the money goes
Program services
Program services $71K · Total expenses $71K
100%
Management & General
Management & general $0 · Total expenses $71K
0%
Fundraising
Fundraising $0 · Total expenses $71K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $6K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $17K · Total revenue $69K
26%
Government reliance
Government grants $12K · Total revenue $69K
18%
Earned-income share
Program service revenue $0 · Total revenue $69K
0%
Investment reliance
Investment income $-19K · Total revenue $69K
-27%
Program self-sufficiency
Program service revenue $0 · Total expenses $71K
0%
Growth & trend
Revenue growth (YoY)
This year $69K · Prior year $32K
+111%
Net-asset trend (YoY)
End of year $515K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $69K · Expenses $71K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $539K
Net-asset ratio
Net assets $515K · Total assets $539K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $539K
0%
People & payroll
Highest Reported Total Compensation
Individual Kellie Kimble · Reported title Director · Highest reported compensation $0 · Total expenses $71K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $19K · Total expenses $71K
27%
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 111%
Investment management fee ratio 0%
Legal fee ratio 8%
Accounting fee ratio 2%
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 · viewing · ⤓ 990 PDF
FY2022$32K revenue · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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