Form 990-ez, Part I, Line 8
“OTHER INCOME 42 TOTAL 42”
Montgomery Economic Development Corporation
990EZ • Fiscal year 2016 • EIN 20-0734800
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Flat$39,619
Flat from 2016
Net Assets
$39,619
No earlier filing loaded for comparison.
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Flat$125,749
Flat from 2016
Expenses
Flat$141,111
Flat from 2016
Net Income
Flat-$15,362
Flat from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- May 11, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $131,360
Mission and Program Overview
Mission
To promote economic development, expansion and diversification within the village of montgomery
Program Services
| Description | Grants | Expenses |
|---|---|---|
| NONE | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| CHARLENE COULOMBE-FIORE | Executive Di | FT | $92,667 | - | $92,667 |
| DR NEIL SCHLUPP | Medc Chairma | - | $0 | - | - |
| SCOTT VICKERS | Medc Vice Pr | - | $0 | - | - |
| DONALD KALISH | Medc Treasur | - | $0 | - | - |
| JASON HANSON | Medc Secreta | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Montgomery Economic Development
- EIN
- 20-0734800
- Address
- 200 WEBSTER STREET, MONTGOMERY, IL 60538
Signing Officer
- Name
- Dr Neil Schlupp
- Title
- Medc Chairman
- Phone
- 6308976748
- Signed
- 2017-05-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Johnson Harkness & Park Inc
- Address
- 1480 SEQUOIA DR, AURORA, IL 60506-1081
- Preparer
- Edward S Padovich
- Phone
- 6309071040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses marketing 7,508 usps 47 bank fees 187 copier service contract 1,129 education-training 405 insurance - liability 1,166 insurance-workers compensatio 429 capital outlay 886 membership dues 270 supplies & materials 201 payroll services 1,462 non-investment depreciation 2,728 total 16,418”
Form 990-ez, Part II, Line 24
“Accounts receivable 45,000 22,500 fixed assets 34,906 34,906 less accumulated depreciation 34,906 34,906 insurance holding acct 227 624 total 45,227 23,124”
Form 990-ez, Part III
“To promote economic development, expansion and diversification within the village of montgomery”
Raw XML Appendix114 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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | CHARLENE COULOMBE-FIORE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6308976748 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 200 WEBSTER STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MONTGOMERY |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60538 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 9754 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 16495 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -15362 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2190 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 54981 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 39619 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 14018 |
| IRS990EZ/GrossReceiptsAmt | 0 | 131360 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 117300 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 54981 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 39619 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 54981 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 39619 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 20212 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 92667 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DR NEIL SCHLUPP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SCOTT VICKERS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DONALD KALISH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JASON HANSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CHARLENE COULOMBE-FIORE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | MEDC CHAIRMA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | MEDC VICE PR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | MEDC TREASUR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | MEDC SECRETA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EXECUTIVE DI |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 45227 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 23124 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 16418 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 42 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE ECONOMIC DEVELOPMENT, EXPANSION AND DIVERSIFICATION WITHIN THE VILLAGE OF MONTGOMERY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | NONE |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 102291 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 5611 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 8407 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 141111 |
| IRS990EZ/TotalRevenueAmt | 0 | 125749 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.MONTGOMERY-ILLINOIS.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER INCOME 42 TOTAL 42 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES MARKETING 7,508 USPS 47 BANK FEES 187 COPIER SERVICE CONTRACT 1,129 EDUCATION-TRAINING 405 INSURANCE - LIABILITY 1,166 INSURANCE-WORKERS COMPENSATIO 429 CAPITAL OUTLAY 886 MEMBERSHIP DUES 270 SUPPLIES & MATERIALS 201 PAYROLL SERVICES 1,462 NON-INVESTMENT DEPRECIATION 2,728 TOTAL 16,418 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 45,000 22,500 FIXED ASSETS 34,906 34,906 LESS ACCUMULATED DEPRECIATION 34,906 34,906 INSURANCE HOLDING ACCT 227 624 TOTAL 45,227 23,124 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO PROMOTE ECONOMIC DEVELOPMENT, EXPANSION AND DIVERSIFICATION WITHIN THE VILLAGE OF MONTGOMERY |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DR NEIL SCHLUPP |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MEDC CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6308976748 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-05-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MONTGOMERY ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MONT |
| ReturnHeader/Filer/EIN | 0 | 200734800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 WEBSTER STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MONTGOMERY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60538 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 7F9BFB4BD9516BBADBA14A68B319B04F4E248CF3 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 3E1659E44ECBAFD52E84EEDFECD1BC5541F1E061 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 363739705 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JOHNSON HARKNESS & PARK INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1480 SEQUOIA DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | AURORA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 605061081 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6309071040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | EDWARD S PADOVICH |
| ReturnHeader/ReturnTs | 0 | 2017-05-15T14:00:30-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $39,619
- Liabilities
- -
- Net assets
- $39,619
- Revenue
- $125,749
- Expenses
- $141,111
- Net income
- -$15,362