Civic Intelligence

Downtown Rutland Partnership Inc.

990 • Fiscal year 2016 • EIN 03-0372533

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 05, 2017

Organization ProfileRUTLANDDOWNTOWN.COM
48 Merchants Row No 103Rutland, VT 05701

(802) 773-9380

Siviq Scores

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

Liabilities / Assets

70th percentile

0.04x

Higher debt load relative to assets than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

34th percentile

-3.1%

Higher net margin than 34% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

95th percentile

$61,180

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 28.3% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

19th percentile

-22%

Faster asset growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

48th percentile

-0.1%

Faster revenue growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$53,935

Down $15,598 (-22%) from 2015

Net Assets

Down

$51,981

Down $6,686 (-11%) from 2015

Liabilities

Down

$1,954

Down $8,912 (-82%) from 2015

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin34th percentile

Revenue

Down

$216,155

Down $313 (-0.1%) from 2015

Expenses

Down

$222,841

Down $5,115 (-2.2%) from 2015

Net Income

Up

-$6,686

Up $4,802 (+42%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$300K$200K$100K$0Assets 2010: $87,741Liabilities 2010: $3,510Net Assets 2010: $84,2312010Assets 2011: $135,965Liabilities 2011: $14,259Net Assets 2011: $121,7062011Assets 2012: $257,205Liabilities 2012: $1,600Net Assets 2012: $255,6052012Assets 2013: $171,900Liabilities 2013: $2,946Net Assets 2013: $168,9542013Assets 2014: $70,221Liabilities 2014: $4,566Net Assets 2014: $65,6552014Assets 2015: $69,533Liabilities 2015: $10,866Net Assets 2015: $58,6672015Assets 2016: $53,935Liabilities 2016: $1,954Net Assets 2016: $51,9812016Assets 2017: $105,687Liabilities 2017: $9,351Net Assets 2017: $96,3362017Assets 2018: $120,521Liabilities 2018: $12,861Net Assets 2018: $107,6602018Assets 2019: $124,411Liabilities 2019: $12,005Net Assets 2019: $112,4062019Assets 2020: $103,598Liabilities 2020: $20,082Net Assets 2020: $83,5162020Assets 2021: $112,394Liabilities 2021: $12,931Net Assets 2021: $99,4632021Assets 2022: $177,505Liabilities 2022: $17,701Net Assets 2022: $159,8042022Assets 2023: $155,881Liabilities 2023: $19,385Net Assets 2023: $136,4962023Assets 2024: $169,501Liabilities 2024: $49,905Net Assets 2024: $119,5962024Assets 2025: $170,723Liabilities 2025: $31,020Net Assets 2025: $139,7032025

Highlighted filing

2016

Assets$53,935
Liabilities$1,954
Net Assets$51,981
Open 2016 Filing

Operations Trend

Revenue Growth48th percentile

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

$400K$200K$0-$200KRevenue 2010: $236,748Expenses 2010: $177,538Net Income 2010: $59,2102010Revenue 2011: $247,424Expenses 2011: $209,949Net Income 2011: $37,4752011Expenses 2012: $181,1402012Revenue 2013: $218,102Expenses 2013: $304,753Net Income 2013: -$86,6512013Revenue 2014: $191,095Expenses 2014: $294,394Net Income 2014: -$103,2992014Revenue 2015: $216,468Expenses 2015: $227,956Net Income 2015: -$11,4882015Revenue 2016: $216,155Expenses 2016: $222,841Net Income 2016: -$6,6862016Revenue 2017: $127,314Expenses 2017: $83,599Net Income 2017: $43,7152017Revenue 2018: $261,376Expenses 2018: $250,052Net Income 2018: $11,3242018Revenue 2019: $272,757Expenses 2019: $268,011Net Income 2019: $4,7462019Revenue 2020: $272,581Expenses 2020: $301,471Net Income 2020: -$28,8902020Revenue 2021: $260,139Expenses 2021: $244,192Net Income 2021: $15,9472021Revenue 2022: $264,262Expenses 2022: $203,921Net Income 2022: $60,3412022Revenue 2023: $281,502Expenses 2023: $304,810Net Income 2023: -$23,3082023Revenue 2024: $301,718Expenses 2024: $317,087Net Income 2024: -$15,3692024Revenue 2025: $304,524Expenses 2025: $284,417Net Income 2025: $20,1072025

Highlighted filing

2016

Revenue$216,155
Expenses$222,841
Net Income-$6,686
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 5, 2017
Return Version
2016v3.0
Gross Receipts
$302,126
Mission and Program Overview

Mission

The rutland partnership's mission is dedicated to the economic prosperity of the city of rutland. The organization's purpose is to manage, market, and maintain the downtown rutland special benefits district and advance those activities that will improve the vitality of the business community and enhance the cultural and physcial climate of the district.

Expenses for the maintenance and promotion of downtown rutland, vermont

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$58,667$51,981▼ $6,686
Cash and Non-Interest-Bearing Accounts$48,221$38,257▼ $9,964
Other Notes and Loans Receivable, Net$18,005$13,911▼ $4,094
Land, Buildings, and Equipment, Net$2,543$1,280▼ $1,263
Accounts Receivable$764$487▼ $277
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$69,533$53,935▼ $15,598
Liabilities
Other Liabilities$669$1,277▲ $608
Accounts Payable and Accrued Expenses$10,197$677▼ $9,520
Total Liabilities$10,866$1,954▼ $8,912
Net Assets / Fund Balance
Total Net Assets Fund Balance$58,667$51,981▼ $6,686
Total Liabilities and Net Assets / Fund Balance$69,533$53,935▼ $15,598

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,280$19,056$20,336
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael CoppingerExecutive DirecFT$58,887$2,293$61,180

Board Members and Trustees

NameTitle
Glenda HawleyPresident
Liz McclallenDirector
Michelle BaileyDirector
Rebecca BuonadonnaDirector
Sara SchoenwetterDirector
Shannon PooleDirector
Stephan MontanezDirector
Stephan SawyerDirector
John ZawistoskiSecretary
Eddie RyanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$25,375
Program Service Revenue
$252,000
Investment Income
$580
Other Revenue
$-61,800
Change in Net Assets
$-6,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,996
Salaries, Compensation, and Employee Benefits$101,845
Grants and Similar Amounts Paid$12,000
Total Fundraising Expense$1,355
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$35,332$22,377$1,178$58,887
Advertising$47,335--$47,335
Other Salaries and Wages$25,134$8,378-$33,512
Grants to Domestic Orgs$12,000--$12,000
Occupancy$5,779$3,852-$9,631
Payroll Taxes$4,681$2,381$91$7,153
Insurance$4,701$1,567-$6,268
Office Expenses$3,022$2,015-$5,037
Fees for Services Accounting-$3,653-$3,653
Depreciation Depletion-$2,863-$2,863
Other Employee Benefits-$2,293-$2,293
Conferences and Meetings$1,979$220-$2,199
Travel$335--$335
Other Expenses$300$477$86$300
Total Functional Expenses$170,266$51,220$1,355$222,841
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$85,971
Fundraising Gross Income$24,171
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hops on Top$20,314$15,314$6,195$9,119
Friday Night Live$15,117$120$12,118$-11,998
Total Events$49,546$24,171$85,971$-61,800
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$1,277
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The members of the organization are comprised of all business owners and property owners within the district.”

Form 990, Part VI, Section A, Line 7A

“The members described above annually meet and elect members of the board of directors as their terms expire. The members also approve the operating budget and operating plan for the ensuing year. Currently there are nine members of the board of directors who each serve three year staggered terms with four members terms expiring each year.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by a cpa. The finished return is reviewied by the treasurer and president prior to filing. An email is sent to other board members to inform them that it is available for their review.”

Form 990, Part VI, Section C, Line 19

“All documents, including by-laws, form 990, internally prepared financial records are maintained at the offices of the organization and are available for inspection by any interested parties. Financial information is made available to the members at the annual meeting.”

Filing and Contact Details

Filer

Filer Name
Downtown Rutland Partnership Inc
EIN
03-0372533
Phone
8027739380
Address
48 MERCHANTS ROW NO 103, RUTLAND, VT 05701

Signing Officer

Name
Glenda Hawley
Title
President
Phone
8027739380
Signed
2017-09-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenda Hawley
Formed
2002
Legal Domicile
Vt
Voting Board Members
10
Independent Board Members
10
Employees
8
Volunteers
0

Preparer

Firm
A M Peisch & Company Llp
Address
PO BOX 326, RUTLAND, VT 05702-0326
Preparer
Norman J Ladabouche CPA
Phone
8027732721
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The partnership decided to have their financial statements audited. This audit was for the year ended june 30, 2016 and is not reconciled to to the december 31, 2016 tax return.”

Raw XML AppendixShowing 400 of 467 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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IRS990/MissionDesc0THE RUTLAND PARTNERSHIP'S MISSION IS DEDICATED TO THE ECONOMIC PROSPERITY OF THE CITY OF RUTLAND. THE ORGANIZATION'S PURPOSE IS TO MANAGE, MARKET, AND MAINTAIN THE DOWNTOWN RUTLAND SPECIAL BENEFITS DISTRICT AND ADVANCE THOSE ACTIVITIES THAT WILL IMPROVE THE VITALITY OF THE BUSINESS COMMUNITY AND ENHANCE THE CULTURAL AND PHYSCIAL CLIMATE OF THE DISTRICT.
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1477
IRS990/OtherExpensesGrp/ProgramServicesAmt028134
IRS990/OtherExpensesGrp/ProgramServicesAmt11415
IRS990/OtherExpensesGrp/ProgramServicesAmt2119
IRS990/OtherExpensesGrp/ProgramServicesAmt3300
IRS990/OtherExpensesGrp/TotalAmt028134
IRS990/OtherExpensesGrp/TotalAmt12645
IRS990/OtherExpensesGrp/TotalAmt2596
IRS990/OtherExpensesGrp/TotalAmt3300
IRS990/OtherLiabilitiesGrp/BOYAmt0669
IRS990/OtherLiabilitiesGrp/EOYAmt01277
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt08378
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt025134
IRS990/OtherSalariesAndWagesGrp/TotalAmt033512
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt018005
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt013911
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt091
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02381
IRS990/PayrollTaxesGrp/ProgramServicesAmt04681
IRS990/PayrollTaxesGrp/TotalAmt07153
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GLENDA HAWLEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561439
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT TO PROMOTE DO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0252000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0252000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt024400
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt017000
IRS990/PYInvestmentIncomeAmt01829
IRS990/PYOtherExpensesAmt0103882
IRS990/PYOtherRevenueAmt0-54261
IRS990/PYProgramServiceRevenueAmt0244500
IRS990/PYRevenuesLessExpensesAmt0-11488
IRS990/PYSalariesCompEmpBnftPaidAmt0107074
IRS990/PYTotalExpensesAmt0227956
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0216468
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-6686
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0252000
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt058667
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt051981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0277375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0287390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0257402
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0250002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0363629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01435798
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0581
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01829
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01919
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0422
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0498
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05249
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt024171
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99640
IRS990ScheduleA/PublicSupportPY170Pct00.99640
IRS990ScheduleA/PublicSupportTotal170Amt01435798
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0277375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0287390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0257402
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0250002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0363629
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01435798
IRS990ScheduleA/TotalSupportAmt01441047
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01280
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019056
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt020336
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01277
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01280
IRS990ScheduleD/TotalLiabilityAmt01277
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt025375
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt014997
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt05000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt05378
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt085971
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt030104
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt08053
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt038157
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FRIDAY NIGHT LIVE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0HOPS ON TOP
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt011792
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt011792
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015117
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020314
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt014115
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt049546
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt015314
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt08737
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024171
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-61800
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt012229
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt030542
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012118
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06195
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02727
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt02753
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt05480
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE RUTLAND DOWNTOWN PARTNERSHIP OFFERS BUSINESS DEVELOPMENT AND MARKETING GRANTS RANGING IN THE AMOUNTS OF $500 AND $10,000 ANNUALLY TO LOCAL BUSINESSES. THE PARTNERSHIP UTILIZES A BLIND APPLICATION PROCESS WHERE AN AWARDING COMMITTEE RECEIVES APPLICATIONS WITHOUT THE BUSINESS'S NAME. THE COMMITTEE THEN AWARDS THE GRANTS BASED ON THE INDIVIDUAL NEEDS OF EACH BUSINESS. THE OVERALL MONITORING OF THE FUNDS IS DONE THROUGH A REIMBURSEMENT GRANT PROCESS, WHERE THE APPLICANT UTILIZING THE GRANT FUNDS MUST HAVE THE SPECIFIC PROJECT INSPECTED AND DEEMED COMPLETE PRIOR TO ISSUING ANY FUNDS. THE DIRECTOR OF THE PARTNERSHIP INSPECTS EACH APPLICANT'S PROJECT(S) TO ENSURE THAT THE JOBS ARE 100 PERCENT COMPLETE PRIOR TO ISSUING THE REIMBURSEMENT GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE ORGANIZATION ARE COMPRISED OF ALL BUSINESS OWNERS AND PROPERTY OWNERS WITHIN THE DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS DESCRIBED ABOVE ANNUALLY MEET AND ELECT MEMBERS OF THE BOARD OF DIRECTORS AS THEIR TERMS EXPIRE. THE MEMBERS ALSO APPROVE THE OPERATING BUDGET AND OPERATING PLAN FOR THE ENSUING YEAR. CURRENTLY THERE ARE NINE MEMBERS OF THE BOARD OF DIRECTORS WHO EACH SERVE THREE YEAR STAGGERED TERMS WITH FOUR MEMBERS TERMS EXPIRING EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY A CPA. THE FINISHED RETURN IS REVIEWIED BY THE TREASURER AND PRESIDENT PRIOR TO FILING. AN EMAIL IS SENT TO OTHER BOARD MEMBERS TO INFORM THEM THAT IT IS AVAILABLE FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS, INCLUDING BY-LAWS, FORM 990, INTERNALLY PREPARED FINANCIAL RECORDS ARE MAINTAINED AT THE OFFICES OF THE ORGANIZATION AND ARE AVAILABLE FOR INSPECTION BY ANY INTERESTED PARTIES. FINANCIAL INFORMATION IS MADE AVAILABLE TO THE MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PARTNERSHIP DECIDED TO HAVE THEIR FINANCIAL STATEMENTS AUDITED. THIS AUDIT WAS FOR THE YEAR ENDED JUNE 30, 2016 AND IS NOT RECONCILED TO TO THE DECEMBER 31, 2016 TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0VT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt069533
IRS990/TotalAssetsEOYAmt053935
IRS990/TotalAssetsGrp/BOYAmt069533
IRS990/TotalAssetsGrp/EOYAmt053935
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt025375
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01355
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051220
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0170266
IRS990/TotalFunctionalExpensesGrp/TotalAmt0222841

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,935
Liabilities
$1,954
Net assets
$51,981
Revenue
$216,155
Expenses
$222,841
Net income
-$6,686
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.31$1.40$3.05$2.84$0.20
2024Detailed filing. Detailed filing data is available for this year.$1.70$0.50$1.20$3.02$3.17$0.15
2023Detailed filing. Detailed filing data is available for this year.$1.56$0.19$1.36$2.82$3.05$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.18$1.60$2.64$2.04$0.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.13$0.99$2.60$2.44$0.16
2020Detailed filing. Detailed filing data is available for this year.$1.04$0.20$0.84$2.73$3.01$0.29
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.12$1.12$2.73$2.68$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.13$1.08$2.61$2.50$0.11
2017Summary only. Only limited summary data is available for this year.$1.06$0.09$0.96$1.27$0.84$0.44
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.02$0.52$2.16$2.23$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.11$0.59$2.16$2.28$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.70$0.05$0.66$1.91$2.94$1.03
2013Detailed filing. Detailed filing data is available for this year.$1.72$0.03$1.69$2.18$3.05$0.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.02$2.56$1.81
2011Summary only. Only limited summary data is available for this year.$1.36$0.14$1.22$2.47$2.10$0.37
2010Summary only. Only limited summary data is available for this year.$0.88$0.04$0.84$2.37$1.78$0.59