Civic Intelligence

Mchenry County Convention and Visitors Bureau

990 • Fiscal year 2018 • EIN 14-1934076

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 20, 2018

11879 E Main St-po Box 1106Huntley, IL 60142

(815) 893-6280

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.22x

Higher debt load relative to assets than 82% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.13x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

41st percentile

-0.4%

Higher net margin than 41% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

90th percentile

$64,492

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 16.5% of source-year revenue.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

44th percentile

-0.5%

Faster asset growth than 44% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

48th percentile

-0.0%

Faster revenue growth than 48% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$240,600

Down $1,102 (-0.5%) from 2017

Net Assets

Down

$188,302

Down $1,603 (-0.8%) from 2017

Liabilities

Up

$52,298

Up $501 (+1.0%) from 2017

Revenue

Down

$390,389

Down $149 (-0.0%) from 2017

Expenses

Up

$391,992

Up $27,396 (+7.5%) from 2017

Net Income

Down

-$1,603

Down $27,545 (-106%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $43,865Net Assets 2010: $43,8652010Assets 2011: $55,382Liabilities 2011: $0Net Assets 2011: $55,3822011Assets 2012: $69,260Liabilities 2012: $0Net Assets 2012: $69,2602012Assets 2013: $178,170Liabilities 2013: $61,761Net Assets 2013: $116,4092013Assets 2014: $172,903Liabilities 2014: $62,201Net Assets 2014: $110,7022014Assets 2016: $227,291Liabilities 2016: $51,531Net Assets 2016: $175,7602016Assets 2017: $241,702Liabilities 2017: $51,797Net Assets 2017: $189,9052017Assets 2018: $240,600Liabilities 2018: $52,298Net Assets 2018: $188,3022018Assets 2019: $259,088Liabilities 2019: $51,850Net Assets 2019: $207,2382019Assets 2020: $302,265Liabilities 2020: $51,000Net Assets 2020: $251,2652020Assets 2021: $272,233Liabilities 2021: $51,000Net Assets 2021: $221,2332021Assets 2022: $232,073Liabilities 2022: $51,000Net Assets 2022: $181,0732022Assets 2023: $300,053Liabilities 2023: $50,000Net Assets 2023: $250,0532023Assets 2024: $212,106Liabilities 2024: $0Net Assets 2024: $212,1062024Assets 2025: $234,927Liabilities 2025: $54,275Net Assets 2025: $180,6522025

Highlighted filing

2018

Assets$240,600
Liabilities$52,298
Net Assets$188,302

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $268,776Expenses 2010: $267,598Net Income 2010: $1,1782010Expenses 2011: $258,7572011Expenses 2012: $277,9562012Expenses 2013: $343,2322013Revenue 2014: $329,848Expenses 2014: $335,555Net Income 2014: -$5,7072014Revenue 2016: $387,112Expenses 2016: $345,256Net Income 2016: $41,8562016Revenue 2017: $390,538Expenses 2017: $364,596Net Income 2017: $25,9422017Revenue 2018: $390,389Expenses 2018: $391,992Net Income 2018: -$1,6032018Revenue 2019: $464,230Expenses 2019: $445,294Net Income 2019: $18,9362019Revenue 2020: $455,163Expenses 2020: $411,136Net Income 2020: $44,0272020Revenue 2021: $321,388Expenses 2021: $351,420Net Income 2021: -$30,0322021Revenue 2022: $491,836Expenses 2022: $531,996Net Income 2022: -$40,1602022Revenue 2023: $571,538Expenses 2023: $502,558Net Income 2023: $68,9802023Revenue 2024: $635,204Expenses 2024: $623,151Net Income 2024: $12,0532024Revenue 2025: $577,006Expenses 2025: $608,460Net Income 2025: -$31,4542025

Highlighted filing

2018

Revenue$390,389
Expenses$391,992
Net Income-$1,603
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 20, 2018
Return Version
2017v2.2
Gross Receipts
$390,389
Mission and Program Overview

Mission

To create economic growth for and to develop and promote McHenry County by effectively marketing the region as a preferred convention and visitors destination as well as enhancing the visitor's experience

To promote economic growth and development in mchenry county by effectively marketing the region as a preferred convention and visitor destination.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$123,719$128,728▲ $5,009
Pledges and Grants Receivable$102,000$102,000→ $0
Land, Buildings, and Equipment, Net$9,983$9,872▼ $111
Prepaid Expenses and Deferred Charges$6,000--
Total Assets$241,702$240,600▼ $1,102
Liabilities
Deferred Revenue$51,000$51,000→ $0
Accounts Payable and Accrued Expenses$797$1,298▲ $501
Total Liabilities$51,797$52,298▲ $501
Net Assets / Fund Balance
Unrestricted Net Assets$189,905$188,302▼ $1,603
Total Net Assets Fund Balance$189,905$188,302▼ $1,603
Total Liabilities and Net Assets / Fund Balance$241,702$240,600▼ $1,102

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,872$6,282-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jaki BerggrenExecutive DirectorFT$64,492$64,492
Crystal LessnerAdministrativeFT$20,250$20,250
Kristine AustinSales ManagerFT$4,000$4,000

Board Members and Trustees

NameTitle
Kevin GintyPresident
Deb ChapmanVice President
Bill HobsonDirector
David NelsonDirector
Jack BechaudDirector
Jim McconougheyDirector
John JungDirector
Josh ArrowDirector
Julie GilmourDirector
Kim WickerDirector
Krista ColtrinDirector
Sarah BellDirector
Scott HartmanDirector
Kurt BegalkaSecretary
Pam CumpataTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$387,673
Program Service Revenue
$2,400
Investment Income
$316
Other Revenue
$0
All Other Contributions
$163,494
Change in Net Assets
$-1,603
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$245,684
Salaries, Compensation, and Employee Benefits$146,308
Total Fundraising Expense$59,116
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$127,597--$127,597
Current Officers, Directors, Trustees, and Key Employees$45,951$28,720$40,207$114,878
Other Expenses$28,747$657$919$28,747
Information Technology$12,000$9,098-$21,098
All Other Expenses$9,764$1,989$3,335$15,088
Other Salaries and Wages$5,656$3,535$4,949$14,140
Conferences and Meetings$6,883$5,930-$12,813
Payroll Taxes$4,084$2,553$3,574$10,211
Fees for Services Legal-$9,151-$9,151
Occupancy$3,240$2,025$2,835$8,100
Other Employee Benefits$2,197$1,373$1,923$5,493
Travel$4,754--$4,754
Fees for Services Accounting-$3,693-$3,693
Insurance$1,163$727$1,018$2,908
Depreciation Depletion-$2,561-$2,561
Pension Plan Contributions-$1,586-$1,586
Office Expenses-$1,412-$1,412
Total Functional Expenses$257,689$75,187$59,116$391,992
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Mchenry County Convention & Visitors Bureau
EIN
14-1934076
Phone
8158936280
Address
11879 E MAIN ST-PO BOX 1106, HUNTLEY, IL 60142

Signing Officer

Name
Jaki Berggren
Title
Executive Director
Phone
8158936280
Signed
2018-12-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jaki Berggren
Formed
2005
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
0

Preparer

Firm
Brown & Co Llp Cpas
Address
1700 S EASTWOOD DRIVE, WOODSTOCK, IL 60098
Preparer
Wayne L Brown
Phone
8153381200
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Board members are appointed for 1-3 year terms

Pt VI, Line 7A

The board of directors elects the executive committee

Pt VI, Line 7B

The full board of directors approves executive committee decisions

Pt VI, Line 11B

The full board of directors reviews and approves the form 990

Pt VI, Line 12C

Compliance is monitored and enforced regularly by each board member

Pt VI, Line 15A

Salaries are approved by the board. A committee verifies comparable data.

Pt VI, Line 15B

Staff salaries are reviewed by the executive director using national survey data

Form 990, Part IX, Line 24E

Bank charges/credit card fees 148. 148.

Form 990, Part IX, Line 24E

Printing 12629. 8840. 1263. 2526.

Form 990, Part IX, Line 24E

Janitorial services 2311. 924. 578. 809.

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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06282
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09983
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09872
IRS990/LandBldgEquipCostOrOtherBssAmt016154
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE ECONOMIC GROWTH AND DEVELOPMENT IN MCHENRY COUNTY BY
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0189905
IRS990/NetAssetsOrFundBalancesEOYAmt0188302
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt02835
IRS990/OccupancyGrp/ManagementAndGeneralAmt02025
IRS990/OccupancyGrp/ProgramServicesAmt03240
IRS990/OccupancyGrp/TotalAmt08100
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01412
IRS990/OfficeExpensesGrp/TotalAmt01412
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01923
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01373
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02197
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05493
IRS990/OtherExpensesGrp/Desc0POSTAGE & DELIVERY
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3BROCHURES
IRS990/OtherExpensesGrp/FundraisingAmt0356
IRS990/OtherExpensesGrp/FundraisingAmt1919
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0177
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1657
IRS990/OtherExpensesGrp/ProgramServicesAmt01247
IRS990/OtherExpensesGrp/ProgramServicesAmt11051
IRS990/OtherExpensesGrp/ProgramServicesAmt23355
IRS990/OtherExpensesGrp/ProgramServicesAmt328747
IRS990/OtherExpensesGrp/TotalAmt01780
IRS990/OtherExpensesGrp/TotalAmt12627
IRS990/OtherExpensesGrp/TotalAmt23355
IRS990/OtherExpensesGrp/TotalAmt328747
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04949
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03535
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05656
IRS990/OtherSalariesAndWagesGrp/TotalAmt014140
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt03574
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02553
IRS990/PayrollTaxesGrp/ProgramServicesAmt04084
IRS990/PayrollTaxesGrp/TotalAmt010211
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01586
IRS990/PensionPlanContributionsGrp/TotalAmt01586
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0102000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0102000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06000
IRS990/PrincipalOfficerNm0JAKI BERGGREN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0813910
IRS990/ProgramServiceRevenueGrp/Desc0EVENTS AND PUBLICATIONS
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02400
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0387887
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0251
IRS990/PYOtherExpensesAmt0239853
IRS990/PYProgramServiceRevenueAmt02400
IRS990/PYRevenuesLessExpensesAmt025942
IRS990/PYSalariesCompEmpBnftPaidAmt0124743
IRS990/PYTotalExpensesAmt0364596
IRS990/PYTotalRevenueAmt0390538
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1603
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0123719
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0128728
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt09872
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06282
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt016154
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09872
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS ARE APPOINTED FOR 1-3 YEAR TERMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS ELECTS THE EXECUTIVE COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FULL BOARD OF DIRECTORS APPROVES EXECUTIVE COMMITTEE DECISIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FULL BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPLIANCE IS MONITORED AND ENFORCED REGULARLY BY EACH BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SALARIES ARE APPROVED BY THE BOARD. A COMMITTEE VERIFIES COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6STAFF SALARIES ARE REVIEWED BY THE EXECUTIVE DIRECTOR USING NATIONAL SURVEY DATA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK CHARGES/CREDIT CARD FEES 148. 148.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PRINTING 12629. 8840. 1263. 2526.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9JANITORIAL SERVICES 2311. 924. 578. 809.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0241702
IRS990/TotalAssetsEOYAmt0240600
IRS990/TotalAssetsGrp/BOYAmt0241702
IRS990/TotalAssetsGrp/EOYAmt0240600
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0387673
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt059116
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt075187
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0257689
IRS990/TotalFunctionalExpensesGrp/TotalAmt0391992
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt051797
IRS990/TotalLiabilitiesEOYAmt052298
IRS990/TotalLiabilitiesGrp/BOYAmt051797
IRS990/TotalLiabilitiesGrp/EOYAmt052298
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0189905
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0188302
IRS990/TotalProgramServiceRevenueAmt02400
IRS990/TotalReportableCompFromOrgAmt088742
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02716
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0390389
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0241702
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0240600
IRS990/TravelGrp/ProgramServicesAmt04754
IRS990/TravelGrp/TotalAmt04754
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.35$0.54$1.81$5.77$6.08$0.31
2024Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$6.35$6.23$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.00$0.50$2.50$5.72$5.03$0.69
2022Detailed filing. Detailed filing data is available for this year.$2.32$0.51$1.81$4.92$5.32$0.40
2021Detailed filing. Detailed filing data is available for this year.$2.72$0.51$2.21$3.21$3.51$0.30
2020Detailed filing. Detailed filing data is available for this year.$3.02$0.51$2.51$4.55$4.11$0.44
2019Detailed filing. Detailed filing data is available for this year.$2.59$0.52$2.07$4.64$4.45$0.19
2018Detailed filing. Detailed filing data is available for this year.$2.41$0.52$1.88$3.90$3.92$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.42$0.52$1.90$3.91$3.65$0.26
2016Detailed filing. Detailed filing data is available for this year.$2.27$0.52$1.76$3.87$3.45$0.42
2014Detailed filing. Detailed filing data is available for this year.$1.73$0.62$1.11$3.30$3.36$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.62$1.16$3.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.00$0.69$2.78
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$2.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.44$2.69$2.68$0.01