Civic Intelligence

Utility Economic Development Association

990EZ • Fiscal year 2020 • EIN 01-0579984

Jan 01, 2020 to Dec 31, 2020 • Filed on May 16, 2021

1 Stewart CourtNewport, RI 02840

(401) 619-5167

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.27x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

0.46x

Higher debt load relative to revenue than 89% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-15%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

34th percentile

-5.8%

Faster asset growth than 34% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

35th percentile

-33%

Faster revenue growth than 35% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$239,610

Down $14,872 (-5.8%) from 2019

Net Assets

Down

$175,683

Down $21,379 (-11%) from 2019

Liabilities

Up

$63,927

Up $6,507 (+11%) from 2019

Revenue

Down

$140,166

Down $69,985 (-33%) from 2019

Expenses

Down

$161,545

Down $55,080 (-25%) from 2019

Net Income

Down

-$21,379

Down $14,905 (-230%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $182,613Liabilities 2010: $69,760Net Assets 2010: $112,8532010Assets 2011: $170,065Liabilities 2011: $40,810Net Assets 2011: $129,2552011Assets 2012: $173,831Liabilities 2012: $42,645Net Assets 2012: $131,1862012Assets 2013: $179,089Liabilities 2013: $56,520Net Assets 2013: $122,5692013Assets 2014: $186,962Liabilities 2014: $69,435Net Assets 2014: $117,5272014Assets 2015: $214,209Liabilities 2015: $58,120Net Assets 2015: $156,0892015Assets 2016: $223,679Liabilities 2016: $62,810Net Assets 2016: $160,8692016Assets 2017: $248,692Liabilities 2017: $70,405Net Assets 2017: $178,2872017Assets 2018: $273,796Liabilities 2018: $70,260Net Assets 2018: $203,5362018Assets 2019: $254,482Liabilities 2019: $57,420Net Assets 2019: $197,0622019Assets 2020: $239,610Liabilities 2020: $63,927Net Assets 2020: $175,6832020Assets 2021: $183,406Liabilities 2021: $28,380Net Assets 2021: $155,0262021Assets 2022: $193,990Liabilities 2022: $75,687Net Assets 2022: $118,3032022Assets 2023: $170,459Liabilities 2023: $79,060Net Assets 2023: $91,3992023Assets 2024: $204,686Liabilities 2024: $83,380Net Assets 2024: $121,3062024

Highlighted filing

2020

Assets$239,610
Liabilities$63,927
Net Assets$175,683

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2010: $137,855Expenses 2010: $142,102Net Income 2010: -$4,2472010Expenses 2011: $188,6492011Revenue 2012: $194,246Expenses 2012: $192,315Net Income 2012: $1,9312012Revenue 2013: $188,414Expenses 2013: $197,031Net Income 2013: -$8,6172013Revenue 2014: $194,231Expenses 2014: $199,273Net Income 2014: -$5,0422014Revenue 2015: $229,258Expenses 2015: $190,696Net Income 2015: $38,5622015Revenue 2016: $196,692Expenses 2016: $191,912Net Income 2016: $4,7802016Revenue 2017: $223,178Expenses 2017: $205,760Net Income 2017: $17,4182017Revenue 2018: $221,053Expenses 2018: $195,804Net Income 2018: $25,2492018Revenue 2019: $210,151Expenses 2019: $216,625Net Income 2019: -$6,4742019Revenue 2020: $140,166Expenses 2020: $161,545Net Income 2020: -$21,3792020Revenue 2021: $156,637Expenses 2021: $177,294Net Income 2021: -$20,6572021Revenue 2022: $181,967Expenses 2022: $218,690Net Income 2022: -$36,7232022Revenue 2023: $231,084Expenses 2023: $257,988Net Income 2023: -$26,9042023Revenue 2024: $343,370Expenses 2024: $313,463Net Income 2024: $29,9072024

Highlighted filing

2020

Revenue$140,166
Expenses$161,545
Net Income-$21,379
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 16, 2021
Return Version
2020v4.0
Gross Receipts
$140,166
Mission and Program Overview

Mission

Provide educational and networking opportunities for economic development of certain utilities

Program Services

DescriptionGrantsExpenses
Summer Forum - held August 4-5,2020 in virtual format. With the theme "capitalizing on the new normal"150 utility economic developers, associate members and speakers heard presentations on the current and post- pandemic economic outlook, how to best redevelop now defunct coal-fired power plants and about current new trends in the site selection process. sessions included:current and post pandemic economic outlook-coal fired power plant redevelopment-current trends in site selection & property development- peer to peer discussion. a membership meeting was also conducted--
Winter Forum - held March 10-12,2020 in panama city beach, Florida. with the theme "new issues & solutions in a greening utility world" 59 utility economic developers, associate memberS and speakers heard presentations on hurricane and other natural disasters response management, on zero carbon footprint preparedness and entrepreneurial initiative and defense-specific programs in northwest Florida. sessions included: preparedness response resiliency: how to shine in the wake of natural disasters-how electric and gas utilities are preparing for a zero carbon footprint-break out sessions to share best practices on specific topics-economic update-key industry sector insights and trends-seeing beyond traditional talent strategies-innovation that matters.a Membership Meeting was also conducted.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT AGNEWExec DirectorPT$0--
CHRISTINA AGNEWManaging DirectPT$0--
STUART AMESDirector-$0--
EDUARDO JIMENEZDirector-$0--
EDWARD SITARDirector-$0--
THERSA GARZADirector-$0--
ALBA WEAVERDirector-$0--
PEGGY EGORADirector-$0--
RICK EDWARDSVice PresidentPT$0--
SHAWN PINGLETONDirector-$0--
NANCY NORRDirector-$0--
MELISSA ROGERSDirector-$0--
TOMMY YOUNGDirector-$0--
lawrence acostaDirector-$0--
TIM WELLSDirector-$0--
STEVEN SHUPPDirector-$0--
DAN PFEIFFERDirector-$0--
PATRICK KELLYTreasurerPT$0--
PAM CHRISTENSONDirector-$0--
JOSEPH RUSSODirector-$0--
JEFFREY MAYESPresidentPT$0--
KELLY PATTONSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
UTILITY ECONOMIC DEVELOPMENT ASSOCIATIOn
EIN
01-0579984
Phone
4016195167
Address
1 STEWART COURT, NEWPORT, RI 02840

Signing Officer

Name
Robert Agnew
Title
Executive Director
Signed
2021-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Elliot Steinberg CPA Pc
Address
533A HICKSVILLE RD, NORTH MASSAPEQUA, NY 11758
Preparer
Elliot Steinberg
Phone
5165109582
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $2755

Other Expenses.1007

Conferences, Conventions, and Meetings $32751

Other Expenses.1

strategic planning committee $6845

Other Expenses.2

Credit Card Processing Fees $5901

Other Expenses.3

Communication expense $3864

Other Expenses.4

Member services $1229

Other Assets.1005

Accounts Receivable - Beginning $18030 Accounts Receivable - Ending $2745

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $14365 Prepaid Expenses and Deferred Charges - Ending $0

Total Liabilities.1003

Deferred Revenue - Beginning $57420 Deferred Revenue - Ending $63927

Raw XML Appendix204 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/ReturnTs02021-05-16T07:54:06-07:00
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.83$1.21$3.43$3.13$0.30
2023Detailed filing. Detailed filing data is available for this year.$1.70$0.79$0.91$2.31$2.58$0.27
2022Detailed filing. Detailed filing data is available for this year.$1.94$0.76$1.18$1.82$2.19$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$0.28$1.55$1.57$1.77$0.21
2020Detailed filing. Detailed filing data is available for this year.$2.40$0.64$1.76$1.40$1.62$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.57$1.97$2.10$2.17$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.70$2.04$2.21$1.96$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.49$0.70$1.78$2.23$2.06$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$0.63$1.61$1.97$1.92$0.05
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.14$0.58$1.56$2.29$1.91$0.39
2014Detailed filing. Detailed filing data is available for this year.$1.87$0.69$1.18$1.94$1.99$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.79$0.57$1.23$1.88$1.97$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.43$1.31$1.94$1.92$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.41$1.29$1.89
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.70$1.13$1.38$1.42$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)6 • <$500k nonprofits