Civic Intelligence

Inter-Cooperative Exchange

990 • Fiscal year 2014 • EIN 20-4792242

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 12, 2015

C/O PSA 101 Nickerson98109

(206) 286-8556

Siviq Scores

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

Liabilities / Assets

74th percentile

0.02x

Higher debt load relative to assets than 74% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

74th percentile

0.02x

Higher debt load relative to revenue than 74% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Net Margin

67th percentile

9.1%

Higher net margin than 67% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Top Officer Pay

43rd percentile

$0

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)5 • <$500k nonprofits • Source year 2014

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2014 filings • 501(c)5 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$370,750

Up $44,691 (+14%) from 2013

Net Assets

Up

$363,321

Up $37,262 (+11%) from 2013

Liabilities

Up

$7,429

Up $7,429 from 2013

Revenue

$409,195

No earlier filing loaded for comparison.

Expenses

Down

$371,933

Down $355,254 (-49%) from 2013

Net Income

$37,262

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $220,207Liabilities 2011: $0Net Assets 2011: $220,2072011Assets 2012: $703,246Liabilities 2012: $0Net Assets 2012: $703,2462012Assets 2013: $326,059Liabilities 2013: $0Net Assets 2013: $326,0592013Assets 2014: $370,750Liabilities 2014: $7,429Net Assets 2014: $363,3212014Assets 2015: $485,675Liabilities 2015: $6,355Net Assets 2015: $479,3202015Assets 2016: $596,297Liabilities 2016: $30,376Net Assets 2016: $565,9212016Assets 2017: $481,022Liabilities 2017: $0Net Assets 2017: $481,0222017Assets 2018: $454,513Liabilities 2018: $10,202Net Assets 2018: $444,3112018Assets 2019: $541,957Liabilities 2019: $7,037Net Assets 2019: $534,9202019Assets 2020: $544,055Liabilities 2020: $16,742Net Assets 2020: $527,3132020Assets 2021: $554,520Liabilities 2021: $32,618Net Assets 2021: $521,9022021Assets 2022: $497,369Liabilities 2022: $9,108Net Assets 2022: $488,2612022Assets 2023: $334,471Liabilities 2023: $67,163Net Assets 2023: $267,3082023Assets 2024: $266,012Liabilities 2024: $10,350Net Assets 2024: $255,6622024

Highlighted filing

2014

Assets$370,750
Liabilities$7,429
Net Assets$363,321

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $247,8882011Expenses 2012: $298,0782012Expenses 2013: $727,1872013Revenue 2014: $409,195Expenses 2014: $371,933Net Income 2014: $37,2622014Revenue 2015: $405,029Expenses 2015: $289,030Net Income 2015: $115,9992015Revenue 2016: $404,020Expenses 2016: $317,419Net Income 2016: $86,6012016Revenue 2017: $295,539Expenses 2017: $380,438Net Income 2017: -$84,8992017Revenue 2018: $314,289Expenses 2018: $351,000Net Income 2018: -$36,7112018Revenue 2019: $456,486Expenses 2019: $365,877Net Income 2019: $90,6092019Revenue 2020: $423,668Expenses 2020: $431,275Net Income 2020: -$7,6072020Revenue 2021: $411,206Expenses 2021: $416,617Net Income 2021: -$5,4112021Revenue 2022: $314,328Expenses 2022: $347,969Net Income 2022: -$33,6412022Revenue 2023: $134,270Expenses 2023: $355,223Net Income 2023: -$220,9532023Revenue 2024: $207,292Expenses 2024: $218,938Net Income 2024: -$11,6462024

Highlighted filing

2014

Revenue$409,195
Expenses$371,933
Net Income$37,262
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 12, 2015
Return Version
2013v4.0
Gross Receipts
$409,195
Mission and Program Overview

Mission

See Schedule O Part III, Line 1.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$280,762$364,809▲ $84,047
Rtn Earn Endowment Incm Other Fnds$326,059$363,321▲ $37,262
Accounts Receivable$45,296$5,941▼ $39,355
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$326,059$370,750▲ $44,691
Other Assets Total$1$0▼ $1
Liabilities
Accounts Payable and Accrued Expenses-$7,429-
Total Liabilities$0$7,429▲ $7,429
Net Assets / Fund Balance
Total Net Assets Fund Balance$326,059$363,321▲ $37,262
Total Liabilities and Net Assets / Fund Balance$326,059$370,750▲ $44,691
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mr C L LowenbergPresident
Mike ShelfordVice President
Clair WidingDirector
Gary PainterDirector
Jennifer VickstromDirector
Jim StoneDirector
Lenny HerzogDirector
Mike WoodleyDirector
Nikolai SiverstolDirector
Kevin KaldestadSecretary/Treas

Highest Paid Contractors

ContractorServicesLocationCompensation
Sullivan & Richards LLPLegal & Consulting-$173,516
Masende LLCMgmt & Consulting-$150,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$409,195
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$37,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$371,933
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal---$173,148
Fees for Services Management---$150,000
Fees for Services Accounting---$11,004
Fees for Services Other---$9,615
Travel---$4,138
Insurance---$1,500
Office Expenses---$543
All Other Expenses---$480
Other Expenses---$349
Total Functional Expenses$0$0$0$371,933
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Louie Lowenberg President is the father of Craig Lowenberg(alternate board member).Kevin Kaldestad (board member) and Tom Suryan (alternate board member) have joint ownership in another company.

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization has a single class of members. The members are grouped into voting districts. Each voting district elects a single Delegate to represent its members in all matters requiring vote, consent or approval of the members (with the sole exception of the appointment of the district's Delegate).

Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

During the fiscal year ended June 30,2014 there were no committees with authority to act on behalf of the governing body.

Form 990, Part VI, Line 11B: Form 990 Review Process

The board members receive a copy of the Form 990 for review before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents are made available upon request.

Filing and Contact Details

Filer

EIN
20-4792242
Phone
2062868556

Signing Officer

Name
Mr CL Lowenberg
Title
President
Signed
2015-01-12
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
Ak
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Preparer
Gregory L White
Phone
2062130010
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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/Desc0Successfully monitored market prices, provided regular market update to members, successfully concluded price negotiations with crab processing companies, represented members in binding arbitration for price disputes, received and allocated crab individual fishing quota among members. Engaged in marketing efforts to sustain traditional markets for crab and create new markets.
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IRS990/Form990PartVIISectionAGrp/PersonNm1Mike Shelford
IRS990/Form990PartVIISectionAGrp/PersonNm2Gary Painter
IRS990/Form990PartVIISectionAGrp/PersonNm3Clair Widing
IRS990/Form990PartVIISectionAGrp/PersonNm4Lenny Herzog
IRS990/Form990PartVIISectionAGrp/PersonNm5Mr C L Lowenberg
IRS990/Form990PartVIISectionAGrp/PersonNm6Jennifer Vickstrom
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/MissionDesc01. Negotiate agreements between crab harvesters and crab processors.2. Perform market analysis of crab species.3. Analyze import and export statistics for crab.4. Host meetings for coop members.5. Represent members in arbitration proceedings.6. Enhance value of crab products to coop members through marketing efforts.7. Receive and allocate individual fishing quota under the Bering Sea/Aleutian Island Crab rationalization program.
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IRS990/PYProgramServiceRevenueAmt0350000
IRS990/PYRevenuesLessExpensesAmt0-377187
IRS990/PYTotalExpensesAmt0727187
IRS990/PYTotalRevenueAmt0350000
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt037262
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0326059
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0363321
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Louie Lowenberg President is the father of Craig Lowenberg(alternate board member).Kevin Kaldestad (board member) and Tom Suryan (alternate board member) have joint ownership in another company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a single class of members. The members are grouped into voting districts. Each voting district elects a single Delegate to represent its members in all matters requiring vote, consent or approval of the members (with the sole exception of the appointment of the district's Delegate).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2During the fiscal year ended June 30,2014 there were no committees with authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board members receive a copy of the Form 990 for review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine10NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10Alaska Bering Sea Crabbers
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0270603627
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (c) (5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Advocate-safe & sustainable mgmt of Alaskan crab fisheries
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10C/O PSA 101 Nickerson St 340
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0Seattle
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0WA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode098109
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0326059
IRS990/TotalAssetsEOYAmt0370750
IRS990/TotalAssetsGrp/BOYAmt0326059
IRS990/TotalAssetsGrp/EOYAmt0370750
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0371933
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt07429
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt07429
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0326059
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0363321
IRS990/TotalProgramServiceRevenueAmt0409195
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0409195
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0409195
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0326059
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0370750
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt04138
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Mr CL Lowenberg
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10Inter-Cooperative Exchange
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0204792242
ReturnHeader/Filer/PhoneNum02062868556
ReturnHeader/Filer/USAddress/AddressLine10C/O PSA 101 Nickerson
ReturnHeader/Filer/USAddress/City0Seattle
ReturnHeader/Filer/USAddress/State0WA
ReturnHeader/Filer/USAddress/ZIPCode098109
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10White Thompson Noland & Gibb PS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10701 Dexter Ave N Suite 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Seattle
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0981094343
ReturnHeader/PreparerPersonGrp/PhoneNum02062130010

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.10$2.56$2.07$2.19$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.34$0.67$2.67$1.34$3.55$2.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.97$0.09$4.88$3.14$3.48$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.55$0.33$5.22$4.11$4.17$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.44$0.17$5.27$4.24$4.31$0.08
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.42$0.07$5.35$4.56$3.66$0.91
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$0.10$4.44$3.14$3.51$0.37
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.81$0.00$4.81$2.96$3.80$0.85
2016Detailed filing. Detailed filing data is available for this year.$5.96$0.30$5.66$4.04$3.17$0.87
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.86$0.06$4.79$4.05$2.89$1.16
2014Detailed filing. Detailed filing data is available for this year.$3.71$0.07$3.63$4.09$3.72$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$0.00$3.26$7.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.03$0.00$7.03$2.98
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.00$2.20$2.48