Civic Intelligence

Henderson County Partnership Foreconomic Development Inc

990 • Fiscal year 2011 • EIN 20-5136021

Jul 01, 2010 to Jun 30, 2011 • Filed on May 14, 2012

330 North King Street28792
Siviq Scores

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

Liabilities / Assets

1st percentile

-0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2011 filings • NTEE S41 • <$500k nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

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

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$167,270

No earlier filing loaded for comparison.

Net Assets

$167,559

No earlier filing loaded for comparison.

Liabilities

-$289

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$406,229

No earlier filing loaded for comparison.

Net Income

-

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$0-$200KAssets 2011: $167,270Liabilities 2011: -$289Net Assets 2011: $167,5592011Assets 2012: $163,413Liabilities 2012: $126Net Assets 2012: $163,2872012Assets 2013: $203,150Liabilities 2013: $142Net Assets 2013: $203,0082013Assets 2014: $188,295Liabilities 2014: $171Net Assets 2014: $188,1242014Assets 2015: $228,733Liabilities 2015: $295Net Assets 2015: $228,4382015Assets 2016: $434,448Liabilities 2016: $0Net Assets 2016: $434,4482016Assets 2017: $602,598Liabilities 2017: $62Net Assets 2017: $602,5362017Assets 2018: $352,475Liabilities 2018: $19Net Assets 2018: $352,4562018Assets 2019: $412,197Liabilities 2019: $0Net Assets 2019: $412,1972019Assets 2020: $432,369Liabilities 2020: $0Net Assets 2020: $432,3692020Assets 2021: $442,298Liabilities 2021: $0Net Assets 2021: $442,2982021Assets 2022: $464,039Liabilities 2022: $0Net Assets 2022: $464,0392022Assets 2023: $464,786Liabilities 2023: $0Net Assets 2023: $464,7862023Assets 2024: $482,530Liabilities 2024: $0Net Assets 2024: $482,5302024

Highlighted filing

2011

Assets$167,270
Liabilities-$289
Net Assets$167,559

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $406,2292011Expenses 2012: $429,4462012Expenses 2013: $351,5782013Revenue 2014: $408,579Expenses 2014: $423,463Net Income 2014: -$14,8842014Revenue 2015: $472,232Expenses 2015: $431,918Net Income 2015: $40,3142015Revenue 2016: $639,017Expenses 2016: $433,007Net Income 2016: $206,0102016Revenue 2017: $680,894Expenses 2017: $512,806Net Income 2017: $168,0882017Revenue 2018: $547,464Expenses 2018: $502,414Net Income 2018: $45,0502018Revenue 2019: $525,670Expenses 2019: $465,929Net Income 2019: $59,7412019Revenue 2020: $530,098Expenses 2020: $509,926Net Income 2020: $20,1722020Revenue 2021: $552,842Expenses 2021: $542,913Net Income 2021: $9,9292021Revenue 2022: $545,677Expenses 2022: $523,936Net Income 2022: $21,7412022Revenue 2023: $674,412Expenses 2023: $673,665Net Income 2023: $7472023Revenue 2024: $720,015Expenses 2024: $702,271Net Income 2024: $17,7442024

Highlighted filing

2011

Revenue-
Expenses$406,229
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2010 to Jun 30, 2011
Signed
May 14, 2012
Return Version
2010v3.4
Gross Receipts
$360,224
Mission and Program Overview

Mission

The henderson county partnership for economic development is the professional economic development entity for henderson county. It works to: attract and retain quality jobs; solicit new business compatible with the assets and values of henderson county; promote henderson county's business image; assist expansion of existing companies; and enhance henderson county's overall quality of life.

Filing and Contact Details

Filer

EIN
20-5136021
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IRS990/MissionDescription0THE HENDERSON COUNTY PARTNERSHIP FOR ECONOMIC DEVELOPMENT IS THE PROFESSIONAL ECONOMIC DEVELOPMENT ENTITY FOR HENDERSON COUNTY. IT WORKS TO: ATTRACT AND RETAIN QUALITY JOBS; SOLICIT NEW BUSINESS COMPATIBLE WITH THE ASSETS AND VALUES OF HENDERSON COUNTY; PROMOTE HENDERSON COUNTY'S BUSINESS IMAGE; ASSIST EXPANSION OF EXISTING COMPANIES; AND ENHANCE HENDERSON COUNTY OVERALL QUALITY OF LIFE.
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IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0FAMILY RELATIONSHIP WITH BOARD MEMBER
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleO/GeneralExplanation/Explanation0THE EXECUTIVE COMMITTEE SHALL, AT A MINIMUM, BE COMPOSED OF THE CHAIR, CHAIR-ELECT, SECRETARY/TREASURER, THE IMMEDIATE PAST CHAIR, AND THE PRESIDENT & CEO OF THE ORGANIZATION. IN ADDITION, THE EXECUTIVE COMMITTEE MAY ALSO INCLUDE THE CHAIRPERSON OF ANY STANDING COMMITTEE APPROVED BY THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL POSSESS AND EXERCISE ALL THE POWERS OF THE BOARD OF DIRECTORS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, DETERMINE THE AGENDA FOR THE REGULAR MEETING OF THE BOARD, AND CARRY OUT SUCH OTHER DUTIES AS THE BOARD MAY DIRECT.
IRS990ScheduleO/GeneralExplanation/Explanation1ACCEPTANCE INTO THE CORPORATION IS DISCRETIONARY BY THE BOARD OF DIRECTORS. APPLICANTS FOR CORPORATION MEMBERSHIP MUST COMPLETE AN APPLICATION AND FURNISH ALL INFORMATION REQUIRED; PAY CORPORATION DUES AS OUTLINED IN THE BY-LAWS; AND BE APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS. APPLICATIONS FOR MEMBERSHIP SHALL BE IN WRITING ON A FORM PROVIDED FOR THAT PURPOSE, SIGNED BY THE APPLICANT AND ACCOMPANIED BY THE APPROPRIATE DUES PAYMENT. THE APPLICATION SHALL CONSTITUTE AN AGREEMENT TO ABIDE BY THE CORPORATION'S BYLAWS. ANNUAL MEMBERSHIP IN THE CORPORATION CONSISTS OF THREE LEVELS: GENERAL LEVEL MEMBERSHIP, EXECUTIVE LEVEL MEMBERSHIP, AND PRESIDENTIAL LEVEL MEMBERSHIP. THE RATE OF EACH LEVEL SHALL BE AT SUCH RATE OR RATES, SCHEDULE OR FORMULA AS MAY BE FROM TIME TO TIME PRESCRIBED BY THE BOARD OF DIRECTORS OF THE CORPORATION.
IRS990ScheduleO/GeneralExplanation/Explanation2THE BOARD OF DIRECTORS IS ELECTED FROM THE MEMBERSHIP OF THE CORPORATION. SEE THE RESPONSE TO LINE 6 ABOVE.
IRS990ScheduleO/GeneralExplanation/Explanation3THE BOARD OF DIRECTORS REVIEWS THE DOCUMENT, AND DISCUSSES AT A BOARD MEETING, IN ADVANCE OF FILING THE FORM 990.
IRS990ScheduleO/GeneralExplanation/Explanation4THE POLICY IS PRESENTED TO ALL INCOMING BOARD MEMBERS IN ADVANCE OF THEIR TERM STARTING. ORGANIZATIONAL BY LAWS, WHICH INCLUDE THE CONFLICT OF INTEREST POLICY, ARE REVIEWED REGULARLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation5THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. IN ADDITION, THE MOST RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG.
IRS990ScheduleO/GeneralExplanation/Explanation6THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/GeneralExplanation/Explanation7CONTRIBUTED CAPITAL 6,515. TOTAL TO FORM 990, PART XI, LINE 5: 6,515.
IRS990ScheduleO/GeneralExplanation/Explanation8THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/Identifier2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/Identifier3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/Identifier4CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XII, LINE 2:
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0NC
IRS990/SubjectToProxyTax01
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine10330 NORTH KING STREET
IRS990/TheBooksAreInCareOf/AddressUS/City0HENDERSONVILLE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.83$0.00$4.83$7.20$7.02$0.18
2023Detailed filing. Detailed filing data is available for this year.$4.65$0.00$4.65$6.74$6.74$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.64$0.00$4.64$5.46$5.24$0.22
2021Detailed filing. Detailed filing data is available for this year.$4.42$0.00$4.42$5.53$5.43$0.10
2020Detailed filing. Detailed filing data is available for this year.$4.32$0.00$4.32$5.30$5.10$0.20
2019Detailed filing. Detailed filing data is available for this year.$4.12$0.00$4.12$5.26$4.66$0.60
2018Detailed filing. Detailed filing data is available for this year.$3.52$0.00$3.52$5.47$5.02$0.45
2017Detailed filing. Detailed filing data is available for this year.$6.03$0.00$6.03$6.81$5.13$1.68
2016Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$6.39$4.33$2.06
2015Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.28$4.72$4.32$0.40
2014Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$4.09$4.23$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.00$2.03$3.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$4.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.00$1.68$4.06