Civic Intelligence

Gadsden Commercial Development Authority

990EZ • Fiscal year 2014 • EIN 20-0726578

Jan 01, 2014 to Dec 31, 2014 • Filed on May 05, 2015

Organization Profilewww.gadsdencommercial.com
PO Box 8501Gadsden, AL 35902

(256) 547-1530

Siviq Scores

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

Liabilities / Assets

84th percentile

0.24x

Higher debt load relative to assets than 84% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Net Margin

47th percentile

1.8%

Higher net margin than 47% of similar nonprofits.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Top Officer Pay

98th percentile

$75,044

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 59.3% of source-year revenue.

2014 filings • 501(c)4 • <$500k nonprofits • Source year 2014

Asset Growth

87th percentile

33%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

69th percentile

10%

Faster revenue growth than 69% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$8,816

Up $2,202 (+33%) from 2013

Net Assets

Up

$6,671

Up $2,315 (+53%) from 2013

Liabilities

Down

$2,145

Down $113 (-5.0%) from 2013

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin47th percentile

Revenue

Up

$126,500

Up $12,000 (+10%) from 2013

Expenses

Up

$124,185

Up $3,294 (+2.7%) from 2013

Net Income

Up

$2,315

Up $8,706 (+136%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth87th percentile

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

$100K$50K$0Assets 2011: $35,077Liabilities 2011: $2,3782011Assets 2012: $13,092Liabilities 2012: $2,345Net Assets 2012: $10,7472012Assets 2013: $6,614Liabilities 2013: $2,258Net Assets 2013: $4,3562013Assets 2014: $8,816Liabilities 2014: $2,145Net Assets 2014: $6,6712014Assets 2015: $8,170Liabilities 2015: $2,371Net Assets 2015: $5,7992015Assets 2016: $8,624Liabilities 2016: $2,461Net Assets 2016: $6,1632016Assets 2017: $11,404Liabilities 2017: $2,382Net Assets 2017: $9,0222017Assets 2018: $28,532Liabilities 2018: $2,185Net Assets 2018: $26,3472018Assets 2019: $42,370Liabilities 2019: $3,338Net Assets 2019: $39,0322019Assets 2020: $50,188Liabilities 2020: $3,257Net Assets 2020: $46,9312020Assets 2021: $50,037Liabilities 2021: $2,388Net Assets 2021: $47,6492021Assets 2022: $32,360Liabilities 2022: $4,976Net Assets 2022: $27,3842022Assets 2023: $49,178Liabilities 2023: $0Net Assets 2023: $49,1782023Assets 2024: $82,516Liabilities 2024: $784Net Assets 2024: $81,7322024

Highlighted filing

2014

Assets$8,816
Liabilities$2,145
Net Assets$6,671
Open 2014 Filing

Operations Trend

Revenue Growth69th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $120,512Expenses 2011: $122,601Net Income 2011: -$2,0892011Revenue 2012: $100,238Expenses 2012: $122,190Net Income 2012: -$21,9522012Revenue 2013: $114,500Expenses 2013: $120,891Net Income 2013: -$6,3912013Revenue 2014: $126,500Expenses 2014: $124,185Net Income 2014: $2,3152014Revenue 2015: $122,875Expenses 2015: $123,747Net Income 2015: -$8722015Revenue 2016: $131,250Expenses 2016: $130,886Net Income 2016: $3642016Revenue 2017: $136,250Expenses 2017: $133,391Net Income 2017: $2,8592017Revenue 2018: $140,000Expenses 2018: $122,675Net Income 2018: $17,3252018Revenue 2019: $136,250Expenses 2019: $123,565Net Income 2019: $12,6852019Revenue 2020: $125,000Expenses 2020: $117,101Net Income 2020: $7,8992020Revenue 2021: $125,000Expenses 2021: $124,282Net Income 2021: $7182021Revenue 2022: $125,000Expenses 2022: $145,265Net Income 2022: -$20,2652022Revenue 2023: $113,750Expenses 2023: $91,956Net Income 2023: $21,7942023Revenue 2024: $70,000Expenses 2024: $37,446Net Income 2024: $32,5542024

Highlighted filing

2014

Revenue$126,500
Expenses$124,185
Net Income$2,315
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 5, 2015
Return Version
2014v5.0
Gross Receipts
$126,500
Mission and Program Overview

Mission

Commercial development for gadsden, al

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THE AUTHORITY IS TO CREATE AND RETAIN COMMUNITY WEALTH, IMPROVE QUALITY OF LIFE, BUSINESS GROWTH AND JOB CREATION.-$124,185
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LESA OSBORNExec DirectorFT$65,474$9,570$75,044
CHRISTIE KNOWLESDirector-$0--
WAYNE HOLLARDirector-$0--
DEVERICK WILLIAMSDirector-$0--
RALPH LANEDirector-$0--
HARRY MCLENDONDirector-$0--
WILBUR MASTERSTreasurer-$0--
KIM GILBERTDirector-$0--
BOB GUYTONDirector-$0--
CAROLYN PARKERSecretary-$0--
SYLVIA FERGUSONDirector-$0--
JUARUS RAWLSVice President-$0--
SCOTT HINDSMANDirector-$0--
JASON WILSONPresident-$0--
Filing and Contact Details

Filer

Filer Name
Gadsden Commercial Development Authority
EIN
20-0726578
Phone
2565471530
Address
PO BOX 8501, GADSDEN, AL 35902

Signing Officer

Name
Lesa Osborn
Title
Executive Director
Phone
2565471530
Signed
2015-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Parr Consulting LLC
Address
611 SOUTH FOURTH STREET, GADSDEN, AL 35901
Preparer
John a Parr
Phone
2565464059
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Advertising 2420. Books and subscriptions 294. Depreciation 742. Dues 1621. Insurance 1566. Miscellaneous 60. Office supplies 5301. Payroll taxes 6361. Staff training 2745. Telephone 2832. Travel and entertainment 4448. Utilities 1319. Website maintenance 2133.”

Form 990EZ, Part II, Line 24

“Equipment less depreciation 2560. 1818.”

Form 990EZ, Part II, Line 26

“Payroll taxes 2258. 2145.”

Form 990, Part IX, Line 24F

“Office staff training subscriptions utilities web site computer expense office maintenance miscellaneous”

Raw XML Appendix157 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LESA OSBORN
IRS990EZ/BooksInCareOfDetail/PhoneNum02565478696
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0635 BROAD STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GADSDEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd035901
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04054
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt06998
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02315
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02330
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06614
IRS990EZ/Form990TotalAssetsGrp/EOYAmt08816
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0126500
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04356
IRS990EZ/NetAssetsOrFundBalancesEOYAmt06671
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04356
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06671
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt130.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt065474
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt130
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt09570
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LESA OSBORN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRISTIE KNOWLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WAYNE HOLLAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DEVERICK WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4RALPH LANE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5HARRY MCLENDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6WILBUR MASTERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KIM GILBERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8BOB GUYTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9CAROLYN PARKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10SYLVIA FERGUSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JUARUS RAWLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12SCOTT HINDSMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13JASON WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXEC DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt02560
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01818
IRS990EZ/OtherExpensesTotalAmt031842
IRS990EZ/PrimaryExemptPurposeTxt0COMMERCIAL DEVELOPMENT FOR GADSDEN, AL
IRS990EZ/PrintingPublicationsPostageAmt0141
IRS990EZ/ProgramServiceRevenueAmt0126500
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSE OF THE AUTHORITY IS TO CREATE AND RETAIN COMMUNITY WEALTH, IMPROVE QUALITY OF LIFE, BUSINESS GROWTH AND JOB CREATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0124185
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt089872
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02258
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02145
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0124185
IRS990EZ/TotalProgramServiceExpensesAmt0124185
IRS990EZ/TotalRevenueAmt0126500
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.gadsdencommercial.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 2420. BOOKS AND SUBSCRIPTIONS 294. DEPRECIATION 742. DUES 1621. INSURANCE 1566. MISCELLANEOUS 60. OFFICE SUPPLIES 5301. PAYROLL TAXES 6361. STAFF TRAINING 2745. TELEPHONE 2832. TRAVEL AND ENTERTAINMENT 4448. UTILITIES 1319. WEBSITE MAINTENANCE 2133.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT LESS DEPRECIATION 2560. 1818.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES 2258. 2145.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE STAFF TRAINING SUBSCRIPTIONS UTILITIES WEB SITE COMPUTER EXPENSE OFFICE MAINTENANCE MISCELLANEOUS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24f
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LESA OSBORN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02565471530
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GADSDEN COMMERCIAL DEVELOPMENT AUTHORITY
ReturnHeader/Filer/BusinessNameControlTxt0GADS
ReturnHeader/Filer/EIN0200726578
ReturnHeader/Filer/PhoneNum02565471530
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 8501
ReturnHeader/Filer/USAddress/CityNm0GADSDEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035902
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PARR CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0611 SOUTH FOURTH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GADSDEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035901
ReturnHeader/PreparerPersonGrp/PhoneNum02565464059
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN A PARR
ReturnHeader/ReturnTs02015-07-27T09:23:02-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$8,816
Liabilities
$2,145
Net assets
$6,671
Revenue
$126,500
Expenses
$124,185
Net income
$2,315
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.01$0.82$0.70$0.37$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.00$0.49$1.14$0.92$0.22
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.05$0.27$1.25$1.45$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.02$0.48$1.25$1.24$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.03$0.47$1.25$1.17$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.03$0.39$1.36$1.24$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.26$1.40$1.23$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.02$0.09$1.36$1.33$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.02$0.06$1.31$1.31$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.06$1.23$1.24$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.07$1.27$1.24$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.02$0.04$1.15$1.21$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.02$0.11$1.00$1.22$0.22
2011Summary only. Only limited summary data is available for this year.$0.35$0.02$1.21$1.23$0.02