2013-04-22T14:12:38-05:00 2012-12-31 WILLIAMS & COMPANY PC 21 1ST AVENUE NW LE MARS IA 51031 990 2012-01-01 237043864 LE MARS BUSINESS INITIATIVE CORP LEMA 7125468821 50 CENTRAL AVE SE LEMARS IA 51031 NEAL ADLER 7125468821 2013-03-04 true GRAHAM A FORBES CPA 7125467801 2013-04-22 2012 2016-03-07 17:11:31Z NEAL ADLER 50 CENTRAL AVE SE LE MARS IA 51031 2179010 false X N/A X 1998 IA ALL ACTIVITIES ON THE ATTACHED SCHEDULE ARE TO ENHANCE BUSINESSES IN THE COMMUNITY OF LE MARS, IOWA AND TO PROVIDE ASSISTANCE IN THE DEVELOPMENT OF THE NEW WELLS BLUE BUNNY CORPORATE CAMPUS. 17 17 0 0 86109 97360 0 14472 518 5488 69546 106069 167424 0 0 0 0 0 119175 145328 119175 145328 -13106 22096 31138623 30103842 22780238 21723361 8358385 8380481 X ALL ACTIVITIES ON THE ATTACHED SCHEDULE ARE TO ENHANCE BUSINESSES IN THE COMMUNITY OF LE MARS, IOWA AND TO PROVIDE ASSISTANCE IN THE DEVELOPMENT OF THE NEW WELLS BLUE BUNNY CORPORATE CAMPUS. false false 145028 TO PROMOTE BUSINESS AND ECONOMIC DEVELOPMENT IN THE GREATER LE MARS AREA 300 TO PROMOTE BUSINESS AND ECONOMIC DEVELOPMENT IN THE GREATER LE MARS AREA 300 145328 false true false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false X 17 17 false false false false false true false true true false false true true true true true true false false false X NEAL ADLER 7125468821 50 CENTRAL AVENUE LE MARS IA 51031 X MATT WASHBURN 1.00 X 0 0 0 KEN NELSON 1.00 X 0 0 0 MICAH LANG 1.00 X 0 0 0 NEAL ADLER 1.00 X 0 0 0 false false false 49360 48000 97360 518 518 2044803 2011586 33217 33217 33217 RENTAL INCOME 532000 13626 13626 INTEREST BUY DOWN 522292 13124 13124 PASS THROUGH LOAN INTEREST 531390 9579 9579 36329 167424 33217 36847 1490 1490 695 695 326 326 643 643 749 749 22439 22439 3911 3911 CHAMBER AGREEMENT 54178 54178 PROPERTY TAX-LM BUSINESS 28352 28352 AMTS COLLECT & DUE CITY 13626 13626 PROPERTY TAX-KILLEAS 11874 11874 7045 7045 145328 145328 0 0 1185 1073 1105786 901742 22415 33534 459345 375605 33559995 4768107 29549892 28791888 31138623 30103842 22780238 21723361 22780238 21723361 X 89876 128930 8268509 8251551 8358385 8380481 31138623 30103842 22096 X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3514543 30045452 4768107 28791888 28791888 WD 2005 18895914 JOINT URBAN RENEWAL-CRESCENT RIDGE 1034774 REAL ESTATE CONTRACT-KILKER LAND 789714 LE MARS INDUSTRIAL PARK 2ND ADDITION 248544 CITY - LE MARS BUSINESS PARK 244843 CITY - KILEAS INDUSTRIAL PARK 131600 PRIME AGENCY/LOAN 110000 PRIMEBANK- N AMERICAN COPAK LOAN 100000 BANK - ROYAL THEATRES, LLC 86772 REAL ESTATE CONTRACT-CITY/KILLEAS 75200 CITY - BODEANS 4000 SEDC - BODEANS 2000 BANK NOTE INTEREST PAYABLE 21723361 ALL OTHER ACCOMPLISHMENT DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D TO PROMOTE BUSINESS AND ECONOMIC DEVELOPMENT IN THE GREATER LE MARS AREA ELECTION OF MEMBERS AND THEIR RIGHTS FORM 990, PAGE 6, PART VI, LINE 7A THE LEMARS CHAMBER OF COMMERCE AND CITY OF LEMARS ARE ALLOWED TO ELECT A STATED NUMBER OF POSITIONS TO THE GOVERNING BODY. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE RETURN IS REVIEWED BY MANAGEMENT BEFORE IT IS SUBMITTED TO THE IRS. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C EACH YEAR, THE DIRECTORS DISCLOSE THEIR BUSINESS AFFILIATIONS AND ITEMS THAT COULD POTENTIALLY BE CONFLICTS OF INTEREST IF THE ENTITY ASSOCIATES WITH THE ORGANIZATIONS THE DIRECTORS ARE AFFILIATED WITH. THE ENTITY REVIEWS ITS TRANSACTIONS TO ENSURE NO CONFLICTS OF INTEREST HAVE OCCURRED. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON INDIVIDUAL REQUEST. WD 2005 SPE LLC WD 2005 SPE LLC 50 CENTRAL AVE SE 50 CENTRAL AVE SE LEMARS IA 51031 202716538 LAND RENT IA 2044807 26614512 LBIC LEMARS BUSINESS INITIATIVE CORP