Twin Cities Development Association INC FY2020 filing

Not tax-deductible

Scottsbluff, NE501(c)(4)EIN 47-6036153Revenue $793K in FY2020

On file with the IRStcdne.org1620 Broadway Ste B # 3, 69361-3194 · Scottsbluff, NETax-exempt since Mar 1965

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The mission of Twin Cities Development is to promote economic and community Development in scotts bluff county and other surrounding communities in western nebraska.

57¢ of each $1 spent went to programs.
$108K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.2M a year · 67% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$108K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
10 mo
of spending, in cash
Looks good: 10.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $125K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$114K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$793K
Spent
$679K
To programs
57%
Net assets
$1.4M
By yearFY2020–FY2024
Revenue
$793K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$793K
FY2021$1.5M
FY2022$1.9M
FY2023$2.5M
FY2024$2.0M
Expenses
$679K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$679K
FY2021$387K
FY2022$554K
FY2023$646K
FY2024$592K
Net assets
$1.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.4M
FY2021$2.5M
FY2022$3.8M
FY2023$5.7M
FY2024$7.0M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1965.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $384K Management & general 43% · $295K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

10 people listed on the 990; $108K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$107,918Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rawnda Pierce$12,364$116,364$102,698$110,116$107,918
Jordan Diedrich$97,885$93,808$76,744——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Twin Cities Development Association INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes economic and community growth in western Nebraska.

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Provided by the organization

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1 program · $384K · in their own filed words · FY2019
01

New business retentions, creation of new employment and existing business expansion

$384Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2021
Total grants receivedfrom 1 funder$125K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$793K
Ln 12
Fees for servicesLn 2g$556K
Gifts and grantsLn 1h$141K
Other incomeLn 4–11$95K
Money outPt IX
$679K
Ln 25
Programscol B$384K
Managementcol C$295K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$566K
Total assetsLn 16$1.5M
LiabilitiesLn 26$114K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$141K
Government grantsLn 1e$100K
Fees for servicesLn 2g$556K
Investment incomeLn 3$1K
Other incomeLn 4–11$95K
Total revenueLn 12$793K
Assets in detailPt X, end of year
CashLn 1$540K
SavingsLn 2$26K
Cash and savings togetherLn 1–2$566K
Land, buildings, equipmentLn 10c$912K
Other assetsLn 15$16K
Total assetsLn 16$1.5M
LiabilitiesLn 26$114K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 513
VolunteersI 612
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$493K$566K
Land, buildings, equipmentLn 10c$965K$912K
Total assetsLn 16$1.5M$1.5M
LiabilitiesLn 26$184K$114K
Net assetsLn 32$1.3M$1.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$108K$40K$67K
Other salaries and wagesLn 7$148K$15K$133K
Pension plan contributionsLn 8$7K$7K
Other employee benefitsLn 9$20K$20K
Payroll taxesLn 10$27K$10K$18K
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$6K$6K
Office expensesLn 13$18K$18K
OccupancyLn 16$208K$208K
TravelLn 17$6K$6K
InterestLn 20$895$895
Depreciation, depletion and amortizationLn 22$43K$43K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$48K$39K$9K
All other expensesLn 24e$27K$27K$288
Total functional expensesLn 25$679K$384K$295K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.0M$592K$1.4M$7.0M 990 PDF
FY2023 $2.5M$646K$1.8M$5.7M 990 PDF
FY2022 $1.9M$554K$1.3M$3.8M 990 PDF
FY2021 $1.5M$387K$1.1M$2.5M 990 PDF
FY2020 Viewing $793K$679K$114K$1.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $792,760 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $178,885$140,925
I-9 Program service revenuePrior year $549,303$556,112
I-10 Investment incomePrior year $26,441$1,029
I-11 Other revenuePrior year $94,275$94,694
I-12 Total revenuePrior year $848,904$792,760
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $240,008$310,273
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $353,539$368,346
I-18 Total expensesPrior year $593,547$678,619
I-19 Revenue less expensesPrior year $255,357$114,141
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $792,760 across 8 lines filed
VIII-1b Membership dues$40,925
VIII-1e Government grants$100,000
VIII-1h Total contributions, gifts and grants$140,925
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $14,010 · Excluded from tax $542,102$556,112
VIII-3 Investment incomeExcluded from tax $1,029$1,029
VIII-6 Net rental income or lossUnrelated business $53,036$53,036
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $41,658$41,658
VIII-12 Total revenueRelated to mission $55,668 · Unrelated business $53,036 · Excluded from tax $543,131$792,760
Part IX · Statement of functional expenses $678,619 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $40,469 · Management $67,449$107,918
IX-7 Other salaries and wagesPrograms $14,558 · Management $133,430$147,988
IX-8 Pension plan contributionsManagement $7,233$7,233
IX-9 Other employee benefitsManagement $20,026$20,026
IX-10 Payroll taxesPrograms $9,578 · Management $17,530$27,108
IX-11c Accounting feesManagement $1,905$1,905
IX-12 Advertising and promotionManagement $6,231$6,231
IX-13 Office expensesManagement $18,394$18,394
IX-16 OccupancyPrograms $208,492$208,492
IX-17 TravelManagement $5,932$5,932
IX-20 InterestPrograms $895$895
IX-22 Depreciation, depletion and amortizationPrograms $43,492$43,492
IX-23 InsuranceManagement $7,873$7,873
IX-24 Other expenses (24a–d)Programs $39,043 · Management $8,598$47,641
IX-24e All other expensesPrograms $27,203 · Management $288$27,491
IX-25 Total functional expensesPrograms $383,730 · Management $294,889 · Fundraising $0$678,619
Part X · Balance sheet $1,522,553 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $467,159$539,944
X-2 Savings and temporary cash investmentsStart of year $25,913$26,294
X-4 Accounts receivableStart of year $4,382$28,475
X-10c Land, buildings and equipment, netStart of year $965,004$911,840
X-15 Other assetsStart of year $16,000$16,000
X-16 Total assetsStart of year $1,478,458$1,522,553
X-17 Accounts payable and accrued expensesStart of year $36,414$32,227
X-19 Deferred revenueStart of year $6,594$15,127
X-25 Other liabilitiesStart of year $54,810$67,085
X-26 Total liabilitiesStart of year $184,485$114,439
X-27 Net assets without donor restrictionsStart of year $1,293,973$1,408,114
X-32 Total net assets or fund balancesStart of year $1,293,973$1,408,114
X-33 Total liabilities and net assetsStart of year $1,478,458$1,522,553
Part XI · Reconciliation of net assets $1,408,114 net assets at year end
XI-1 Total revenue$792,760
XI-2 Total expenses$678,619
XI-3 Revenue less expenses$114,141
XI-4 Net assets at start of year$1,293,973
XI-10 Net assets at end of year$1,408,114

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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