Civic Intelligence

Defiance Development and Visitors Bureau Inc.

990 • Fiscal year 2021 • EIN 20-5588552

Jan 01, 2021 to Dec 31, 2021 • Filed on May 05, 2022

325 Clinton StreetDefiance, OH 43512

(419) 782-0739

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

74th percentile

30%

Higher net margin than 74% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$51,500

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 13.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

71st percentile

28%

Faster asset growth than 71% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

52%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$457,946

Up $98,891 (+28%) from 2020

Net Assets

Up

$455,057

Up $115,440 (+34%) from 2020

Liabilities

Down

$2,889

Down $16,549 (-85%) from 2020

Revenue

Up

$388,405

Up $132,582 (+52%) from 2020

Expenses

Up

$272,965

Up $21,051 (+8.4%) from 2020

Net Income

Up

$115,440

Up $111,531 (+2853%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $59,144Liabilities 2010: $2,700Net Assets 2010: $56,4442010Assets 2011: $255,698Liabilities 2011: $3,681Net Assets 2011: $252,0172011Assets 2012: $276,812Liabilities 2012: $2,545Net Assets 2012: $274,2672012Assets 2013: $283,268Liabilities 2013: $3,183Net Assets 2013: $280,0852013Assets 2014: $299,992Liabilities 2014: $2,959Net Assets 2014: $297,0332014Assets 2015: $332,870Liabilities 2015: $2,832Net Assets 2015: $330,0382015Assets 2016: $344,874Liabilities 2016: $2,362Net Assets 2016: $342,5122016Assets 2017: $338,537Liabilities 2017: $2,347Net Assets 2017: $336,1902017Assets 2018: $341,088Liabilities 2018: $1,041Net Assets 2018: $340,0472018Assets 2019: $338,262Liabilities 2019: $2,554Net Assets 2019: $335,7082019Assets 2020: $359,055Liabilities 2020: $19,438Net Assets 2020: $339,6172020Assets 2021: $457,946Liabilities 2021: $2,889Net Assets 2021: $455,0572021Assets 2022: $512,319Liabilities 2022: $4,928Net Assets 2022: $507,3912022Assets 2023: $477,762Liabilities 2023: $2,682Net Assets 2023: $475,0802023

Highlighted filing

2021

Assets$457,946
Liabilities$2,889
Net Assets$455,057

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $176,845Expenses 2010: $166,557Net Income 2010: $10,2882010Expenses 2011: $197,0982011Expenses 2012: $224,3062012Revenue 2013: $219,171Expenses 2013: $213,353Net Income 2013: $5,8182013Revenue 2014: $218,819Expenses 2014: $201,871Net Income 2014: $16,9482014Revenue 2015: $261,553Expenses 2015: $228,551Net Income 2015: $33,0022015Revenue 2016: $248,222Expenses 2016: $235,748Net Income 2016: $12,4742016Revenue 2017: $289,291Expenses 2017: $295,609Net Income 2017: -$6,3182017Revenue 2018: $301,232Expenses 2018: $297,375Net Income 2018: $3,8572018Revenue 2019: $317,774Expenses 2019: $322,113Net Income 2019: -$4,3392019Revenue 2020: $255,823Expenses 2020: $251,914Net Income 2020: $3,9092020Revenue 2021: $388,405Expenses 2021: $272,965Net Income 2021: $115,4402021Revenue 2022: $379,896Expenses 2022: $327,562Net Income 2022: $52,3342022Revenue 2023: $512,281Expenses 2023: $544,592Net Income 2023: -$32,3112023

Highlighted filing

2021

Revenue$388,405
Expenses$272,965
Net Income$115,440
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 5, 2022
Return Version
2021v4.0
Gross Receipts
$416,047
Mission and Program Overview

Mission

The purposes for which this corporation is organized are to enhance the appearance of the defiance area through beautification, restoration, and historic preservation; to provide educational and other services to strengthen and expand the economic base of downtown defiance; and to promote business, events, and activities in the defiance area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$189,321$289,826▲ $100,505
Cash and Non-Interest-Bearing Accounts$169,734$168,120▼ $1,614
Total Assets$359,055$457,946▲ $98,891
Liabilities
Other Liabilities$19,438$2,889▼ $16,549
Total Liabilities$19,438$2,889▼ $16,549
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$339,617$455,057▲ $115,440
Total Net Assets Fund Balance$339,617$455,057▲ $115,440
Total Liabilities and Net Assets / Fund Balance$359,055$457,946▲ $98,891

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$285,800$61,303$347,103
Equipment$4,026$13,468$17,494
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kirstie MackExecutive DiFT$51,500$51,500

Board Members and Trustees

NameTitle
Karla BattPresident
Christine FrederickBoard Member
David KernBoard Member
Jessica BabcockBoard Member
Josh BuschBoard Member
Mike MccannBoard Member
Rachelle KuhnBoard Member
Ryan ImbrockBoard Member
Sarah TackettBoard Member
Jenna KarrPast Preside
Sylvia KoesterTreasurer
Jen CladyVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$302,971
Program Service Revenue
$31,620
Investment Income
$0
Other Revenue
$53,814
All Other Contributions
$65,411
Change in Net Assets
$115,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,033
Salaries, Compensation, and Employee Benefits$94,932
Total Fundraising Expense$4,843
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$38,625$10,300$2,575$51,500
Other Salaries and Wages$26,230$6,995$1,749$34,974
Occupancy$24,309$8,483-$32,792
Advertising$32,459--$32,459
All Other Expenses$20,764$6,902-$27,666
Office Expenses$18,530$1,794$181$20,505
Other Expenses$9,940--$9,940
Depreciation Depletion$7,032$782-$7,814
Payroll Taxes$5,065$1,351$338$6,754
Fees for Services Accounting-$4,861-$4,861
Other Employee Benefits-$1,704-$1,704
Insurance-$1,639-$1,639
Information Technology-$1,285-$1,285
Conferences and Meetings$75--$75
Total Functional Expenses$222,026$46,096$4,843$272,965
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$65,181
Fundraising Direct Expenses$27,642
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ribfest$65,181$65,181$27,642$37,539
Total Events$65,181$65,181$27,642$37,539
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$2,889
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board reviews the form 990 prior to filing and approves the filing of the return.

Form 990, Page 6, Part VI, Line 12C

Annually each board memeber is required to sign the policy indicating they will disclose any interest in a transaction or decision where they or their relation, including business or employer, will receive benefit or gain. After such disclosure they are asked to leave the room for the discussion and are not permitted to vote on the question.

Form 990, Page 6, Part VI, Line 15A

The board reviews regional compensation data for comparability in the process of determining compensation for the executive director.

Form 990, Page 6, Part VI, Line 15B

The board reviews regional compensation data for comparability in the process of determining compensation for officers and key employees of the organization.

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Defiance Development and Visitors
EIN
20-5588552
Phone
4197820739
Address
325 CLINTON STREET, DEFIANCE, OH 43512

Signing Officer

Name
Kirstie Mack
Title
Executive Director
Phone
4197820739
Signed
2022-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kirstie Mack
Formed
2006
Legal Domicile
Oh
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
350

Preparer

Firm
Shultz Huber & Associates Inc
Address
101 CLINTON ST SUITE 2000, DEFIANCE, OH 43512-2172
Preparer
Seth R Bourn Jr CPA
Phone
4197822000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purposes for which this corporation is organized are to enhance the appearance of the defiance area through beautification, restoration, and historic preservation; to provide educational and other services to strengthen and expand the economic base of downtown defiance; and to promote business, events, and activities in the defiance area.

Form 990, Page 2, Part III, Line 4A

The organization's primary exempt purpose is to develop projects to enhance, educate, and promote business in the defiance area. This includes organizing, supporting and overseeing the following committees: the design committee, whose purpose is to create an attractive, coordinated and quality image of the community by capitalizing on its unique assets and heritage; the promotion committee, whose primary responsibility is to market a unified, quality image of the business district as the center of activities, goods and services to retailers, residents, shoppers, investors and tourists; and the economic restructuring committee, works to develop a market strategy for the community that will result in an improved retail mix, a stronger tax base, increased investor confidence and a strong, stable role for the downtown area.

Form 990, Page 2, Part III, Line 4D

Other programs that fall under the organization's exempt purpose include being the fiscal agent for the santa house and downtown christmas decorations. Each christmas season a small house is erected and decorated in the downtown area. A santa is hired and children from the area are invited down to visit santa with picture opportunities available. The organization is the fiscal agent for the defiance christmas decorations committee. Funds are collected through donations and the christmas committee meets and decides how to appropriately utilize these funds to decorate during christmas season.

Form 990, Part IX, Line 24E

7,623 0 0 memberships 0 3,704 0 gift shop 3,177 0 0 supplies 3,145 0 0 chocolate walk 1,882 0 0 meals 0 1,803 0 santa's house 1,786 0 0 family fun friday exp 1,766 0 0 hotel expense for umpires 0 1,395 0 farmers market 1,145 0 0 riverfront gathering 240 0 0 total 20,764 6,902 0

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IRS990/MissionDesc0THE PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED ARE TO ENHANCE THE APPEARANCE OF THE DEFIANCE AREA THROUGH BEAUTIFICATION, RESTORATION, AND HISTORIC PRESERVATION; TO PROVIDE EDUCATIONAL AND OTHER SERVICES TO STRENGTHEN AND EXPAND THE ECONOMIC BASE OF DOWNTOWN DEFIANCE; AND TO PROMOTE BUSINESS, EVENTS, AND ACTIVITIES IN THE DEFIANCE AREA.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OccupancyGrp/ProgramServicesAmt024309
IRS990/OccupancyGrp/TotalAmt032792
IRS990/OfficeExpensesGrp/FundraisingAmt0181
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01794
IRS990/OfficeExpensesGrp/ProgramServicesAmt018530
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt01704
IRS990/OtherExpensesGrp/Desc0BEAUTIFICATION AND PARKS
IRS990/OtherExpensesGrp/Desc1CHRISTMAS DECORATIONS
IRS990/OtherExpensesGrp/Desc2FIREWORKS
IRS990/OtherExpensesGrp/Desc3SPONSORSHIPS
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IRS990/OtherExpensesGrp/ProgramServicesAmt210167
IRS990/OtherExpensesGrp/ProgramServicesAmt39940
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IRS990/OtherExpensesGrp/TotalAmt210167
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt026230
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IRS990/PayrollTaxesGrp/FundraisingAmt0338
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01351
IRS990/PayrollTaxesGrp/ProgramServicesAmt05065
IRS990/PayrollTaxesGrp/TotalAmt06754
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KIRSTIE MACK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0WITCHES BREW
IRS990/ProgramServiceRevenueGrp/Desc1LILAC FESTIVAL
IRS990/ProgramServiceRevenueGrp/Desc2CHOCOLATE WALK
IRS990/ProgramServiceRevenueGrp/Desc3FARMERS MARKET
IRS990/ProgramServiceRevenueGrp/Desc4FAMILY FUN FRIDAY
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17274
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt26633
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32500
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42500
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION FACILITATES THE COLLECTION OF DONATIONS FOR THE ANNUAL FIREWORKS DISPLAY FOR THE DEFIANCE AREA. THE ORGANIZATION ALSO PLANS AND COORDINATES THE FOURTH OF JULY EVENTS AND PAYS ALL EXPENSES OUT OF THE FIREWORKS FUND.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010167
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION SPONSORS THE ANNUAL LILAC FESTIVAL. THE FESTIVAL FEATURES THE MOST PROLIFIC ARTISTS OF NORTHWESTERN OHIO; ARTS, ANTIQUES & CRAFT FAIR, GARDEN MARKET AND FARMERS MARKET. THERE ARE MUSICIANS PERFORMING THOUGHOUT THE DAY WITH CHILDREN'S ACTIVITIES AVAILABLE, FOOD VENDORS AND MUCH MORE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt03145
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt07274
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS THAT FALL UNDER THE ORGANIZATION'S EXEMPT PURPOSE INCLUDE BEING THE FISCAL AGENT FOR THE SANTA HOUSE AND DOWNTOWN CHRISTMAS DECORATIONS. EACH CHRISTMAS SEASON A SMALL HOUSE IS ERECTED AND DECORATED IN THE DOWNTOWN AREA. A SANTA IS HIRED AND CHILDREN FROM THE AREA ARE INVITED DOWN TO VISIT SANTA WITH PICTURE OPPORTUNITIES AVAILABLE. THE ORGANIZATION IS THE FISCAL AGENT FOR THE DEFIANCE CHRISTMAS DECORATIONS COMMITTEE. FUNDS ARE COLLECTED THROUGH DONATIONS AND THE CHRISTMAS COMMITTEE MEETS AND DECIDES HOW TO APPROPRIATELY UTILIZE THESE FUNDS TO DECORATE DURING CHRISTMAS SEASON.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt067640
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt024346
IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/PYTotalExpensesAmt0251914
IRS990/PYTotalRevenueAmt0255823
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IRS990/ReconcilationRevenueExpnssAmt0115440
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/RentalIncomeOrLossGrp/RealAmt016275
IRS990/ReportInvestmentsOtherSecInd0false
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt039493
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt029140
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0196974
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt016275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021620
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt023700
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt021750
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt021880
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0105225
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt096801
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt011504
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt066985
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt053720
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt050793
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0279803
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt016275
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021620
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt023700
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt021750
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt021880
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0105225
IRS990ScheduleA/InvestmentIncomeCYPct00.06000
IRS990ScheduleA/InvestmentIncomePYPct00.07000
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt0212388
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt0207428
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt01078884
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0399772
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0311013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0287361
IRS990ScheduleA/Total509Grp/TotalAmt01555661
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0416047
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0261930
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0340905
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0332763
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0309241
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01660886
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0285800
IRS990ScheduleD/BuildingsGrp/DepreciationAmt061303
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IRS990ScheduleD/EquipmentGrp/BookValueAmt04026
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013468
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02889
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0289826
IRS990ScheduleD/TotalLiabilityAmt02889
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED ARE TO ENHANCE THE APPEARANCE OF THE DEFIANCE AREA THROUGH BEAUTIFICATION, RESTORATION, AND HISTORIC PRESERVATION; TO PROVIDE EDUCATIONAL AND OTHER SERVICES TO STRENGTHEN AND EXPAND THE ECONOMIC BASE OF DOWNTOWN DEFIANCE; AND TO PROMOTE BUSINESS, EVENTS, AND ACTIVITIES IN THE DEFIANCE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO DEVELOP PROJECTS TO ENHANCE, EDUCATE, AND PROMOTE BUSINESS IN THE DEFIANCE AREA. THIS INCLUDES ORGANIZING, SUPPORTING AND OVERSEEING THE FOLLOWING COMMITTEES: THE DESIGN COMMITTEE, WHOSE PURPOSE IS TO CREATE AN ATTRACTIVE, COORDINATED AND QUALITY IMAGE OF THE COMMUNITY BY CAPITALIZING ON ITS UNIQUE ASSETS AND HERITAGE; THE PROMOTION COMMITTEE, WHOSE PRIMARY RESPONSIBILITY IS TO MARKET A UNIFIED, QUALITY IMAGE OF THE BUSINESS DISTRICT AS THE CENTER OF ACTIVITIES, GOODS AND SERVICES TO RETAILERS, RESIDENTS, SHOPPERS, INVESTORS AND TOURISTS; AND THE ECONOMIC RESTRUCTURING COMMITTEE, WORKS TO DEVELOP A MARKET STRATEGY FOR THE COMMUNITY THAT WILL RESULT IN AN IMPROVED RETAIL MIX, A STRONGER TAX BASE, INCREASED INVESTOR CONFIDENCE AND A STRONG, STABLE ROLE FOR THE DOWNTOWN AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OTHER PROGRAMS THAT FALL UNDER THE ORGANIZATION'S EXEMPT PURPOSE INCLUDE BEING THE FISCAL AGENT FOR THE SANTA HOUSE AND DOWNTOWN CHRISTMAS DECORATIONS. EACH CHRISTMAS SEASON A SMALL HOUSE IS ERECTED AND DECORATED IN THE DOWNTOWN AREA. A SANTA IS HIRED AND CHILDREN FROM THE AREA ARE INVITED DOWN TO VISIT SANTA WITH PICTURE OPPORTUNITIES AVAILABLE. THE ORGANIZATION IS THE FISCAL AGENT FOR THE DEFIANCE CHRISTMAS DECORATIONS COMMITTEE. FUNDS ARE COLLECTED THROUGH DONATIONS AND THE CHRISTMAS COMMITTEE MEETS AND DECIDES HOW TO APPROPRIATELY UTILIZE THESE FUNDS TO DECORATE DURING CHRISTMAS SEASON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS THE FORM 990 PRIOR TO FILING AND APPROVES THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUALLY EACH BOARD MEMEBER IS REQUIRED TO SIGN THE POLICY INDICATING THEY WILL DISCLOSE ANY INTEREST IN A TRANSACTION OR DECISION WHERE THEY OR THEIR RELATION, INCLUDING BUSINESS OR EMPLOYER, WILL RECEIVE BENEFIT OR GAIN. AFTER SUCH DISCLOSURE THEY ARE ASKED TO LEAVE THE ROOM FOR THE DISCUSSION AND ARE NOT PERMITTED TO VOTE ON THE QUESTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD REVIEWS REGIONAL COMPENSATION DATA FOR COMPARABILITY IN THE PROCESS OF DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD REVIEWS REGIONAL COMPENSATION DATA FOR COMPARABILITY IN THE PROCESS OF DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt87,623 0 0 MEMBERSHIPS 0 3,704 0 GIFT SHOP 3,177 0 0 SUPPLIES 3,145 0 0 CHOCOLATE WALK 1,882 0 0 MEALS 0 1,803 0 SANTA'S HOUSE 1,786 0 0 FAMILY FUN FRIDAY EXP 1,766 0 0 HOTEL EXPENSE FOR UMPIRES 0 1,395 0 FARMERS MARKET 1,145 0 0 RIVERFRONT GATHERING 240 0 0 TOTAL 20,764 6,902 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.78$0.03$4.75$5.12$5.45$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$0.05$5.07$3.80$3.28$0.52
2021Detailed filing. Detailed filing data is available for this year.$4.58$0.03$4.55$3.88$2.73$1.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.59$0.19$3.40$2.56$2.52$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$0.03$3.36$3.18$3.22$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.01$3.40$3.01$2.97$0.04
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$0.02$3.36$2.89$2.96$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$0.02$3.43$2.48$2.36$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.33$0.03$3.30$2.62$2.29$0.33
2014Detailed filing. Detailed filing data is available for this year.$3.00$0.03$2.97$2.19$2.02$0.17
2013Detailed filing. Detailed filing data is available for this year.$2.83$0.03$2.80$2.19$2.13$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.03$2.74$2.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.04$2.52$1.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.03$0.56$1.77$1.67$0.10