MERRICK COUNTY DEVELOPMENT CORP: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
MERRICK COUNTY DEVELOPMENT CORP (EIN 47-0772569)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-01-13
IRS object ID
202120139349301412
Schema version
2019v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-01-13T12:46:06-06:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN542186484PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANDREW SIMMONS CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11618 20TH STREETAddressLine1Txt
CityCENTRAL CITYCityNm
State AbbreviationNEStateAbbreviationCd
ZIP688262002ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN470772569EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MERRICK COUNTY DEVELOPMENT CORPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMERRBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11702 31ST STREETAddressLine1Txt
CityCENTRAL CITYCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68826ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMILES MCGINNISPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3089463862PhoneNum
Signature2020-11-25SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW SIMMONS CPAPreparerPersonNm
PTINP00367070PTIN
Phone3089462710PhoneNum
Preparation2020-11-25PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMILES MCGINNISPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11702 31ST STREETAddressLine1Txt
CityCENTRAL CITYCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68826ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,259GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation1993FormationYr
Legal Domicile StateNELegalDomicileStateCd
Activity Or MissionPROMOTION AND DEVELOPMENT OF RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL BUILDINGS IN MERRICK COUNTY.ActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$2,080PYProgramServiceRevenueAmt
CY Program Service Revenue$12,718CYProgramServiceRevenueAmt
PY Investment Income$14,637PYInvestmentIncomeAmt
CY Investment Income$3,541CYInvestmentIncomeAmt
PY Other Revenue$1,300PYOtherRevenueAmt
CY Other Revenue$1,000CYOtherRevenueAmt
PY Total Revenue$18,017PYTotalRevenueAmt
CY Total Revenue$17,259CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$16,424PYOtherExpensesAmt
CY Other Expenses$16,953CYOtherExpensesAmt
PY Total Expenses$16,424PYTotalExpensesAmt
CY Total Expenses$16,953CYTotalExpensesAmt
PY Revenues Less Expenses$1,593PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$306CYRevenuesLessExpensesAmt
Total Assets BOY$958,842TotalAssetsBOYAmt
Total Assets EOY$959,148TotalAssetsEOYAmt
Total Liabilities BOY$350,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$350,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$608,842NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$609,148NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPROMOTION AND DEVELOPMENT OF RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL BUILDINGS IN MERRICK COUNTY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescPROMOTION AND DEVELOPMENT OF RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL BUILDINGS IN MERRICK COUNTY NEBRASKA.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescPROMOTION AND DEVELOPMENT OF RESIDENTIAL, COMMERCIAL, AND INDUSTRIALDesc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G1IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMILES MCGINNISPersonNm
Phone3089463806PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 418AddressLine1Txt
CityCENTRAL CITYCityNm
State AbbreviationNEStateAbbreviationCd
ZIP68826ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHRIS ANDERSON
EXECUTIVE DI1.00Yes (X)$0$0$0
KATIE BENNER
MEMBER1.00Yes (X)$0$0$0
DENISE BRANDENBURG
MEMBER1.00Yes (X)$0$0$0
BRIAN BUHLKE
PRESIDENT1.00Yes (X)$0$0$0
ED DEXTER
MEMBER1.00Yes (X)$0$0$0
CLAYTON ERICKSON
MAYOR1.00Yes (X)$0$0$0
KIKI FASBENDER
MEMBER1.00Yes (X)$0$0$0
SHAUNA GRAHAM
MEMBER1.00Yes (X)$0$0$0
JEFF JENSEN
MEMBER1.00Yes (X)$0$0$0
SAM KRUG
MEMBER1.00Yes (X)$0$0$0
TRAVIS KUCHAR
MEMBER1.00Yes (X)$0$0$0
AARON KUNZ
MEMBER1.00Yes (X)$0$0$0
NOAH LUEBBE
MEMBER1.00Yes (X)$0$0$0
REX MINERT
MEMBER1.00Yes (X)$0$0$0
MILES MCGINNIS
EXECUTIVE DI40.00Yes (X)$0$0$0
KEVIN OHLMAN
SECRETARY1.00Yes (X)$0$0$0
NATHAN PERRY
MEMBER1.00Yes (X)$0$0$0
AARON PURVIS
MEMBER1.00Yes (X)$0$0$0
NICK RYAN
VICE PRESIDE1.00Yes (X)$0$0$0
DWIGHT STROBEL
MEMBER1.00Yes (X)$0$0$0
TRENT WAGNER
MEMBER1.00Yes (X)$0$0$0
JARED WETOVICK
MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFARM RENTALDesc
Total Revenue Column$12,718TotalRevenueColumnAmt
Related Or Exempt Func Income$12,718RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$12,718TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,541TotalRevenueColumnAmt
Related Or Exempt Func Income$3,541RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Total Revenue Column$1,000TotalRevenueColumnAmt
Related Or Exempt Func Income$1,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,259TotalRevenueColumnAmt
Related Or Exempt Func Income$17,259RelatedOrExemptFuncIncomeAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,482TotalAmt
Program Services$2,482ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$8,333TotalAmt
Management And General$8,333ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,326TotalAmt
Program Services$1,326ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$560TotalAmt
Management And General$560ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,419TotalAmt
Program Services$3,419ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$833TotalAmt
Program Services$833ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,953TotalAmt
Program Services$8,060ProgramServicesAmt
Management And General$8,893ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$16,406BOYAmt
EOY$22,471EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$258,788BOYAmt
EOY$253,029EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$688,340LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$6,692LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$681,648BOYAmt
EOY$681,648EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,000BOYAmt
EOY$2,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$958,842BOYAmt
EOY$959,148EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$350,000BOYAmt
EOY$350,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$350,000BOYAmt
EOY$350,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$608,842BOYAmt
EOY$609,148EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$608,842BOYAmt
EOY$609,148EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$958,842BOYAmt
EOY$959,148EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$306ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$681,648OtherCostOrOtherBasisAmt
Book Value$681,648BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,692OtherCostOrOtherBasisAmt
Depreciation$6,692DepreciationAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$681,648TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
NOTES PAYABLE CORNERSTONE BAXTER LAN$250,000
NOTES PAYABLE SALES TAX FUND$100,000
FieldValueIRS element (for citing)
Total Liability$350,000TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DPROMOTION AND DEVELOPMENT OF RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC

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