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Nonprofiteer
← DECORAH JOBS INC

Form 990 for tax year 2024

Filed by DECORAH JOBS INC.

Totals

Total revenue
$641,402
Total expenses
$59,338
Contributions and grants received
$150,000
Grants paid
$10,000
Program service revenue
$8,300
Investment income
$483,081
Other revenue
$21
Total assets, end of year
$2,462,195
Total liabilities, end of year
$438,647
Net assets or fund balances, end of year
$2,023,548
Program services expenses (Part IX)
$58,338
Management and general expenses
$1,000
Fundraising expenses
$0
Program service expenses (Part III)
$58,338

Program services were 98.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $150,000

  • 2a · Program service revenue: RENT

    total $8,300 · related or exempt $8,300

  • 3 · Investment income

    total $4,752 · related or exempt $4,752

  • 7a · Gross sales of assets other than inventory

    other assets $1,000,000

  • 7b · Less cost or other basis and sales expenses

    other assets $521,671

  • 7c · Gain or loss

    other assets $478,329

  • 7d · Net gain or loss

    total $478,329 · related or exempt $478,329

  • 11a · Other revenue: MISCELLANEOUS

    total $21 · related or exempt $21

  • 11e · Other revenue, total

    $21

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $10,000 · program services $10,000

  • 11b · Fees: legal

    total $3,459 · program services $3,459

  • 11c · Fees: accounting

    total $1,000 · management and general $1,000

  • 16 · Occupancy

    total $4,037 · program services $4,037

  • 19 · Conferences, conventions and meetings

    total $83 · program services $83

  • 20 · Interest

    total $1,414 · program services $1,414

  • 24a · Other expenses: PROSPECT DEVELOPMENT

    total $38,500 · program services $38,500

  • 24b · Other expenses: ABSTRACT AND CLOSING FEES

    total $845 · program services $845

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $33,404 · end of year $99,154

  • 2 · Savings and temporary cash investments

    beginning of year $34,901 · end of year $519,459

  • 10a · Land, buildings and equipment: cost or other basis

    $1,843,582

  • 10c · Land, buildings and equipment, net

    beginning of year $1,743,182 · end of year $1,843,582

  • 17 · Accounts payable and accrued expenses

    beginning of year $38,501 · end of year $38,501

  • 23 · Secured mortgages and notes payable

    beginning of year $318,667 · end of year $400,146

  • 25 · Other liabilities

    beginning of year $12,835

  • 27 · Net assets without donor restrictions

    beginning of year $1,441,484 · end of year $2,023,548

Mission and programs · 2024

Mission

ASSIST IN PROPERTY DEVELOPMENT TO STIMULATE ECONOMIC GROWTH.

  • ASSIST IN PROPERTY DEVELOPMENT TO STIMULATE ECONOMIC GROWTH.

    Expenses $58,338 · Grants $10,000 · Revenue $8,300

As filed on the 2024 return.

Listed in Part VII

  • Andrew Bailey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Dan Bellrichard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Keith Bruening

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Lindsay Erdman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Travis Goedken

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Ben Grimstad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Kirk Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mark Lovelace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Kirsten Olson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Chris Redenius

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Dave Rooney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Harlan Satrom

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jeremy Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Steven Zittergruen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Rick Burras

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Fromm

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Mike Harman

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Marla Klocke

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.0
Source object
202543379349300629

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