HAZELTON DEVELOPMENT CORPORATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: HAZELTON DEVELOPMENT CORPORATION (EIN 45-0419012)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-08-09
IRS object ID: 201102219349301050
Schema version: 2010v3.2
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
Form 990
Schedule A
Schedule D
Schedule I
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-08-09T06:56:27-07:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RUSSELL SCHICK CPA PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 373	AddressLine1
City	HAZELTON	City
State	ND	State
ZIP Code	58544	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	450419012	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HAZELTON DEVELOPMENT CORP	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	HAZE	NameControl
Phone	7012506712	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 383	AddressLine1
City	HAZELTON	City
State	ND	State
ZIP Code	58544	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	RUSSELL SCHICK	Name
Title	VICE PRESIDENT	Title
Phone	7012506712	Phone
Date Signed	2011-08-09	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	RUSSELL SCHICK	Name
Phone	7012506712	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	RUSSELL SCHICK	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 373	AddressLine1
City	HAZELTON	City
State	ND	State
ZIP Code	58544	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	89583	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2002	YearFormation
State Legal Domicile	ND	StateLegalDomicile
Activity Or Mission Description	Economic Development	ActivityOrMissionDescription
Nbr Voting Members Governing Body	7	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	10	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	41028	ContributionsGrantsPriorYear
Contributions Grants Current Year	43933	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	29	InvestmentIncomePriorYear
Investment Income Current Year	124	InvestmentIncomeCurrentYear
Other Revenue Prior Year	-71816	OtherRevenuePriorYear
Other Revenue Current Year	-45316	OtherRevenueCurrentYear
Total Revenue Prior Year	-30759	TotalRevenuePriorYear
Total Revenue Current Year	-1259	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	865	OtherExpensePriorYear
Other Expenses Current Year	8868	OtherExpensesCurrentYear
Total Expenses Prior Year	865	TotalExpensesPriorYear
Total Expenses Current Year	8868	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-31624	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-10127	RevenuesLessExpensesCY
Total Assets BOY	1163183	TotalAssetsBOY
Total Assets EOY	1149244	TotalAssetsEOY
Total Liabilities BOY	568270	TotalLiabilitiesBOY
Total Liabilities EOY	564458	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	594913	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	584786	NetAssetsOrFundBalancesEOY
Mission Description	Economic Development	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	8466	Expense
Description	PROMOTE RESIDENTIAL AND COMMERICAL GROWTH IN HAZELTON	Description
Total Program Service Expense	8466	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	true	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	7	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	false	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	false	ConflictOfInterestPolicy
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	ND	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	DON DAVIS	NamePerson
Telephone Number	7017826272	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	333 HAZEL AVE	AddressLine1
City	HAZELTON	City
State	ND	State
ZIP Code	58544	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (7 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
BEV VOLLER
President	10.00	X	0	0	0
RUSSELL SCHICK
Vice President	10.00	X	0	0	0
LORELI DYKEMA
Secretary	10.00	X	0	0	0
ED WEBER
Director	5.00	X	0	0	0
DON DAVIS
Treasurer	5.00	X	0	0	0
DEAN WIESS
Director	5.00	X	0	0	0
TOM SHEA
Director	5.00	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Fundraising Events	9993	FundraisingEvents
Government Grants	23218	GovernmentGrants
All Other Contributions	10722	AllOtherContributions
Total Contributions	43933	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	124	TotalRevenueColumn

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	45526	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	89001	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	-43475	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-43475	TotalRevenueColumn
Related Or Exempt Function Income	-43475	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Cntrbtns Rprtd Fundraising Events	9993	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	1841	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-1841	TotalRevenueColumn
Exclusion	-$1,841	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	-1259	TotalRevenueColumn
Related Or Exempt Function Income	-43351	RelatedOrExemptFunctionIncome
Exclusion	-$1,841	ExclusionAmount

Advertising Advertising

Field	Value	IRS element (for citing)
Total	131	Total
Program Services	0	ProgramServices
Management And General	131	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
Professional Fees	2000	2000	0
Supplies	120	0	120
Property Taxes	6466	6466	0
Dues & Licenses	151	0	151

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	8868	Total
Program Services	8466	ProgramServices
Management And General	402	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	4841	BOY
EOY	23491	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	7437	BOY
EOY	7437	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	68	BOY
EOY	57	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1303169	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	184910	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1150837	BOY
EOY	1118259	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1163183	BOY
EOY	1149244	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	5462	BOY
EOY	2142	EOY

Loans From Officers Directors LoansFromOfficersDirectors

Field	Value	IRS element (for citing)
BOY	13149	BOY
EOY	13149	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	537468	BOY
EOY	527100	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	12191	BOY
EOY	22067	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	568270	BOY
EOY	564458	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	586183	BOY
EOY	576533	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	8730	BOY
EOY	8253	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	594913	BOY
EOY	584786	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1163183	BOY
EOY	1149244	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-10127	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	63092	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	48252	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	68828	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	30194	CurrentTaxYearMinus1Year
Current Tax Year	33940	CurrentTaxYear
Total	244306	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	63092	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	48252	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	68828	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	30194	CurrentTaxYearMinus1Year
Current Tax Year	33940	CurrentTaxYear
Total	244306	Total

Field	Value	IRS element (for citing)
Public Support Total170	244306	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Total Support	244306	TotalSupport
Public Support Pertcentage170	1.00000	PublicSupportPertcentage170
Public Support Pertcent Prior Year	1.00000	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170
Public Support Total509	0	PublicSupportTotal509
Public Support Percentage509	0	PublicSupportPercentage509
Investment Income Percentage	0	InvestmentIncomePercentage

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	219674	OtherCostOrOtherBasis
Book Value	219674	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1016850	OtherCostOrOtherBasis
Depreciation	139663	Depreciation
Book Value	877187	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	66645	OtherCostOrOtherBasis
Depreciation	45247	Depreciation
Book Value	21398	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1118259	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
Rental Deposits	$1,479
Accrued Interest Payable	$13,999
Accrued Real Estate Taxes	$6,466
Accrued Sales Tax Payable	$123

Field	Value	IRS element (for citing)
Total Of Amounts	22067	TotalOfAmounts

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	false	RecordsMaintained

Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)

IdentifierIdentifier	ExplanationExplanation
Pt I Line 2	The funds used for grants are put into a restricted bank account which
Pt I Line 2	is managed by the officers.

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	DON DAVIS	NamePerson
Purpose Of Loan	Loan for Building	PurposeOfLoan
Loan To Organization	X	LoanToOrganization
Original Principal	$17,000	OriginalPrincipalAmount
Balance Due	13149	BalanceDue
Default	false	Default
Approved By Board	true	ApprovedByBoard
Written Agreement	true	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	13149	TotalBalanceDue

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	ExplanationExplanation
Pt VI-C, Line 19	Documents are available upon request
Pt VI-A, Line 6	The organization is made up of members
Pt VI-A, Line 7a	The organization members may elect other members for the board
Pt VI-A, Line 8a	Minutes were taken at each meeting by the secretary
Pt VI-A, Line 8b	No committees were formed
Pt VI-B, Line 11a	The form 990 is reviewed by the board