Civic Intelligence

Ocean State Business Development Authority Inc

990 • Fiscal year 2014 • EIN 05-0389516

Oct 01, 2013 to Sep 30, 2014 • Filed on Apr 21, 2015

Organization ProfileWWW.OSBDA.COM
155 South Main Street Suite 403Warwick, RI 02903

(401) 454-4560

Siviq Scores

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

Liabilities / Assets

80th percentile

0.39x

Higher debt load relative to assets than 80% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

53rd percentile

0.06x

Higher debt load relative to revenue than 53% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Net Margin

17th percentile

-13%

Higher net margin than 17% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

98th percentile

$194,482

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 30.2% of source-year revenue.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2014

Asset Growth

2nd percentile

-50%

Faster asset growth than 2% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

33rd percentile

-3.1%

Faster revenue growth than 33% of similar nonprofits.

2014 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$101,394

Down $100,191 (-50%) from 2013

Net Assets

Down

$61,879

Down $85,691 (-58%) from 2013

Liabilities

Down

$39,515

Down $14,500 (-27%) from 2013

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin17th percentile

Revenue

Down

$644,614

Down $20,475 (-3.1%) from 2013

Expenses

Up

$730,305

Up $60,660 (+9.1%) from 2013

Net Income

Down

-$85,691

Down $81,135 (-1781%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$800K$600K$400K$200K$0Assets 2011: $155,296Liabilities 2011: $81,366Net Assets 2011: $73,9302011Assets 2012: $231,089Liabilities 2012: $78,963Net Assets 2012: $152,1262012Assets 2013: $201,585Liabilities 2013: $54,015Net Assets 2013: $147,5702013Assets 2014: $101,394Liabilities 2014: $39,515Net Assets 2014: $61,8792014Assets 2015: $46,814Liabilities 2015: $38,187Net Assets 2015: $8,6272015Assets 2016: $204,526Liabilities 2016: $107,488Net Assets 2016: $97,0382016Assets 2017: $334,142Liabilities 2017: $332,306Net Assets 2017: $1,8362017Assets 2018: $385,586Liabilities 2018: $335,327Net Assets 2018: $50,2592018Assets 2019: $375,656Liabilities 2019: $258,761Net Assets 2019: $116,8952019Assets 2020: $376,360Liabilities 2020: $218,478Net Assets 2020: $157,8822020Assets 2021: $504,852Liabilities 2021: $259,426Net Assets 2021: $245,4262021Assets 2022: $521,138Liabilities 2022: $174,352Net Assets 2022: $346,7862022Assets 2023: $614,935Liabilities 2023: $244,820Net Assets 2023: $370,1152023Assets 2024: $724,236Liabilities 2024: $379,410Net Assets 2024: $344,8262024Assets 2025: $616,957Liabilities 2025: $276,330Net Assets 2025: $340,6272025

Highlighted filing

2014

Assets$101,394
Liabilities$39,515
Net Assets$61,879
Open 2014 Filing

Operations Trend

Revenue Growth33rd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $629,099Expenses 2011: $672,384Net Income 2011: -$43,2852011Expenses 2012: $632,0122012Revenue 2013: $665,089Expenses 2013: $669,645Net Income 2013: -$4,5562013Revenue 2014: $644,614Expenses 2014: $730,305Net Income 2014: -$85,6912014Revenue 2015: $576,948Expenses 2015: $630,200Net Income 2015: -$53,2522015Revenue 2016: $754,272Expenses 2016: $665,861Net Income 2016: $88,4112016Revenue 2017: $798,639Expenses 2017: $849,528Net Income 2017: -$50,8892017Revenue 2018: $889,580Expenses 2018: $841,157Net Income 2018: $48,4232018Revenue 2019: $939,776Expenses 2019: $873,140Net Income 2019: $66,6362019Revenue 2020: $982,598Expenses 2020: $941,612Net Income 2020: $40,9862020Revenue 2021: $1,104,933Expenses 2021: $993,024Net Income 2021: $111,9092021Revenue 2022: $1,243,867Expenses 2022: $1,141,950Net Income 2022: $101,9172022Revenue 2023: $1,348,315Expenses 2023: $1,324,986Net Income 2023: $23,3292023Revenue 2024: $1,429,567Expenses 2024: $1,414,431Net Income 2024: $15,1362024Revenue 2025: $1,480,658Expenses 2025: $1,484,857Net Income 2025: -$4,1992025

Highlighted filing

2014

Revenue$644,614
Expenses$730,305
Net Income-$85,691
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Apr 21, 2015
Return Version
2013v4.0
Gross Receipts
$644,614
Mission and Program Overview

Mission

To efficiently provide unique capital and services to small businesses located in ri, ma and ct; helping them acquire equipment and commercial real estate to grow their businesses.

Assist small businesses in obtaining financing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$173,876$88,646▼ $85,230
Land, Buildings, and Equipment, Net$4,737$4,527▼ $210
Cash and Non-Interest-Bearing Accounts$19,067$4,118▼ $14,949
Prepaid Expenses and Deferred Charges$3,905$4,103▲ $198
Total Assets$201,585$101,394▼ $100,191
Liabilities
Other Liabilities$40,315$15,500▼ $24,815
Accounts Payable and Accrued Expenses$13,700$13,000▼ $700
Deferred Revenue-$11,015-
Total Liabilities$54,015$39,515▼ $14,500
Net Assets / Fund Balance
Unrestricted Net Assets$147,570$61,879▼ $85,691
Total Net Assets Fund Balance$147,570$61,879▼ $85,691
Total Liabilities and Net Assets / Fund Balance$201,585$101,394▼ $100,191

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,527$30,567$35,094
Other Land Buildings$0$20,726$20,726
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Antonio F MouraDirectorFT$176,550$17,932$194,482
Henry a VioletPresidentFT$175,500$11,562$187,062
Denise HooperSecretaryFT$110,350$757$111,107
Anthony Capuano JrDirector-$800-$800
Charles C NewtonDirector-$800-$800
Edward M MazzeDirector-$800-$800
Frank CasaleDirector-$800-$800
Nino MoscardiDirector-$800-$800
Robert E NickersonDirector-$800-$800
Russell W HahnDirector-$800-$800
Russell a GastonDirector-$800-$800
Raymond T BushDirector-$600-$600

Board Members and Trustees

NameTitle
Douglas F HansonVice President
Raymond W FogartyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$644,614
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-85,691

Audited Revenue Reconciliation

Revenue per Audited Statements
$644,614
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$644,614
Total Revenue per Form 990
$644,614
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$548,883
Other Expenses$181,422
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$361,450--$361,450
Other Salaries and Wages$110,350--$110,350
Other Employee Benefits$48,984--$48,984
Occupancy-$37,299-$37,299
Travel$28,458--$28,458
Payroll Taxes$28,099--$28,099
Office Expenses$16,397--$16,397
Fees for Services Other$10,002$3,563-$13,565
Fees for Services Lobbying$13,000--$13,000
Insurance-$8,428-$8,428
Other Expenses$32,144$4,772-$4,772
Conferences and Meetings$2,984--$2,984
Advertising$1,842--$1,842
Depreciation Depletion-$1,250-$1,250
All Other Expenses-$1,081-$1,081
Fees for Services Accounting$490--$490
Total Functional Expenses$654,200$76,105$0$730,305

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$730,305
Total Expenses per Audited Statements$730,305
Total Expenses per Form 990$730,305
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$15,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The corporation has one class of members. There shall be at least 25 individuals who are representative of the corporation's area of operations. The membership of the corporation include representatives of each of the following categories: (1) local and state government, (2) private lending institutions, (3) community organizations, and (4) business organizations.”

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

“Directors are elected by members at the annual meeting.”

Form 990, Part VI, Section B, Line 11

“The organization's treasurer performs a detail review of the return. The filing is approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

EIN
05-0389516
Phone
4014544560

Signing Officer

Name
Henry a Violet
Title
President
Phone
4014544630
Signed
2015-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henry a Violet
Formed
1980
Legal Domicile
Ri
Voting Board Members
12
Independent Board Members
11
Employees
3
Volunteers
0

Preparer

Preparer
Joseph L Orlando CPA
Phone
4012731800
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“The process has not been changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization accounts for certain tax positions in accordance with topics of the fasb accounting standards codification. This guidance increases the relevancy and comparability of financial reporting by clarifying the way entities account for uncertainties in income taxes for tax positions taken or expected to be taken. The adoption of this guidance resulted in no change to net assets and no increase in accrued liabilities. The organization has evaluated its accounting and tax positions, including its properly approved and maintained non-profit status, and is of the opinion that more likely than not policies and positions it has adopted will remain unchanged. The organization files non-profit information returns in the u.s. Federal jurisdiction which has a statute of limitations of three year.”

Raw XML AppendixShowing 400 of 469 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/OtherEmployeeBenefitsGrp/TotalAmt048984
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCIPTIONS
IRS990/OtherExpensesGrp/Desc3COMPUTER AND SERVICE FE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09990
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19722
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24772
IRS990/OtherExpensesGrp/ProgramServicesAmt032144
IRS990/OtherExpensesGrp/TotalAmt032144
IRS990/OtherExpensesGrp/TotalAmt19990
IRS990/OtherExpensesGrp/TotalAmt29722
IRS990/OtherExpensesGrp/TotalAmt34772
IRS990/OtherLiabilitiesGrp/BOYAmt040315
IRS990/OtherLiabilitiesGrp/EOYAmt015500
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0110350
IRS990/OtherSalariesAndWagesGrp/TotalAmt0110350
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt028099
IRS990/PayrollTaxesGrp/TotalAmt028099
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03905
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04103
IRS990/PrincipalOfficerNm0HENRY A VIOLET
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1561499
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1PROCESSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2ESCROW FLOAT INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0559729
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt168145
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214488
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0559729
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt168145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214488
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt023
IRS990/PYOtherExpensesAmt0146282
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0665066
IRS990/PYRevenuesLessExpensesAmt0-4556
IRS990/PYSalariesCompEmpBnftPaidAmt0523363
IRS990/PYTotalExpensesAmt0669645
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0665089
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-85691
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0644614
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt04527
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030567
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035094
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0730305
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020726
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020726
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CUSTOMER DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0644614
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR CERTAIN TAX POSITIONS IN ACCORDANCE WITH TOPICS OF THE FASB ACCOUNTING STANDARDS CODIFICATION. THIS GUIDANCE INCREASES THE RELEVANCY AND COMPARABILITY OF FINANCIAL REPORTING BY CLARIFYING THE WAY ENTITIES ACCOUNT FOR UNCERTAINTIES IN INCOME TAXES FOR TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN. THE ADOPTION OF THIS GUIDANCE RESULTED IN NO CHANGE TO NET ASSETS AND NO INCREASE IN ACCRUED LIABILITIES. THE ORGANIZATION HAS EVALUATED ITS ACCOUNTING AND TAX POSITIONS, INCLUDING ITS PROPERLY APPROVED AND MAINTAINED NON-PROFIT STATUS, AND IS OF THE OPINION THAT MORE LIKELY THAN NOT POLICIES AND POSITIONS IT HAS ADOPTED WILL REMAIN UNCHANGED. THE ORGANIZATION FILES NON-PROFIT INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION WHICH HAS A STATUTE OF LIMITATIONS OF THREE YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04527
IRS990ScheduleD/TotalExpensesPerForm990Amt0730305
IRS990ScheduleD/TotalLiabilityAmt015500
IRS990ScheduleD/TotalRevenuePerForm990Amt0644614
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0644614
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0730305
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd01
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1176550
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2110350
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011562
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt117932
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt2757
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0HENRY A VIOLET
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1ANTONIO F MOURA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2DENISE HOOPER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0187062
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1194482
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2111107
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS ONE CLASS OF MEMBERS. THERE SHALL BE AT LEAST 25 INDIVIDUALS WHO ARE REPRESENTATIVE OF THE CORPORATION'S AREA OF OPERATIONS. THE MEMBERSHIP OF THE CORPORATION INCLUDE REPRESENTATIVES OF EACH OF THE FOLLOWING CATEGORIES: (1) LOCAL AND STATE GOVERNMENT, (2) PRIVATE LENDING INSTITUTIONS, (3) COMMUNITY ORGANIZATIONS, AND (4) BUSINESS ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS ARE ELECTED BY MEMBERS AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S TREASURER PERFORMS A DETAIL REVIEW OF THE RETURN. THE FILING IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT BEEN CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0201585
IRS990/TotalAssetsEOYAmt0101394
IRS990/TotalAssetsGrp/BOYAmt0201585
IRS990/TotalAssetsGrp/EOYAmt0101394

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,394
Liabilities
$39,515
Net assets
$61,879
Revenue
$644,614
Expenses
$730,305
Net income
-$85,691
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.62$0.28$0.34$1.48$1.48$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.72$0.38$0.34$1.43$1.41$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.24$0.37$1.35$1.32$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.17$0.35$1.24$1.14$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.50$0.26$0.25$1.10$0.99$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.22$0.16$0.98$0.94$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.38$0.26$0.12$0.94$0.87$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.34$0.05$0.89$0.84$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.33$0.33$0.00$0.80$0.85$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.11$0.10$0.75$0.67$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.04$0.01$0.58$0.63$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.04$0.06$0.64$0.73$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.05$0.15$0.67$0.67$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.08$0.15$0.63
2011Summary only. Only limited summary data is available for this year.$0.16$0.08$0.07$0.63$0.67$0.04