Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Keweenaw Economic Development Alliance
990EZ • Fiscal year 2011 • EIN 23-7314061
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.11x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$340,692
No earlier filing loaded for comparison.
Net Assets
$303,223
No earlier filing loaded for comparison.
Liabilities
$37,469
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$116,836
No earlier filing loaded for comparison.
Expenses
$103,831
No earlier filing loaded for comparison.
Net Income
$13,005
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- May 15, 2012
- Return Version
- 2011v1.2
Mission and Program Overview
Mission
Improving the economy of the keweenaw region in order to relieve poverty and lessen neighborhood tension caused by the lack of jobs, combat community deterioration by stabilizing and rehabilitating downtown buildings, developing a mix of housing, establishing new businesses, growing existing businesses, eliminating conditions of blight, and providing benefit to the under and unemployed.
Filing and Contact Details
Filer
- EIN
- 23-7314061
Raw XML Appendix153 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 |
|---|---|---|
| CompensationExplanation/Compensation/PersonName | 0 | GLEN SIMULA |
| CompensationExplanation/Compensation/PersonName | 1 | STEVE PALOSAARI |
| CompensationExplanation/Compensation/PersonName | 2 | PHIL MUSSER |
| CompensationExplanation/Compensation/PersonName | 3 | JIM BAKER |
| CompensationExplanation/Compensation/PersonName | 4 | BRIAN HELMINEN |
| IRS990EZ/ActivitiesNotPreviouslyRpt | 0 | false |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 134314 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 191101 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 2265 |
| IRS990EZ/DidOrgFileForm1120POLThisYear | 0 | false |
| IRS990EZ/DoesOrgHaveHospital | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | false |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | false |
| IRS990EZ/ExcessOrDeficitForYear | 0 | 13005 |
| IRS990EZ/FeesAndOthPymtToIndContractors | 0 | 71854 |
| IRS990EZ/ForeignFinancialAccount | 0 | false |
| IRS990EZ/ForeignOffice | 0 | false |
| IRS990EZ/GrossReceipts | 0 | 116836 |
| IRS990EZ/GrossReceiptsLessThan25000 | 0 | X |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InfoInScheduleOPartIII | 0 | X |
| IRS990EZ/InvestmentIncome | 0 | 17030 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | false |
| IRS990EZ/MadeLoansToFromOfficers | 0 | false |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | false |
| IRS990EZ/MembershipDues | 0 | 86694 |
| IRS990EZ/MethodOfAccountingAccrual | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | 290053 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | 290053 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | 303223 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | 303223 |
| IRS990EZ/OccupancyRentUtilitiesAndMaint | 0 | 1007 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 0 | 47500 US HWY 41 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 1 | PO BOX 450 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 2 | 600 E LAKESHORE DRIVE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 3 | 1400 TOWNSEND DRIVE/ 210 ATDC |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 4 | 22950 AIRPARK BLVD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine2 | 0 | 47500 US HWY 41 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine2 | 1 | PO BOX 450 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine2 | 2 | 1400 TOWNSEDN DRIVE/ 210 ATDC |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine2 | 3 | 22950 AIRPARK BLVD |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 0 | HOUGHTON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 1 | HANCOCK |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 2 | HOUGHTON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 3 | HOUGHTON |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 4 | CALUMET |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 0 | MI |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 1 | MI |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 2 | MI |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 3 | MI |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 4 | MI |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 0 | 49931 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 1 | 49930 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 2 | 49931 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 3 | 49931 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 4 | 49913 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | GLEN SIMULA |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | STEVE PALOSAARI |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | PHIL MUSSER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 3 | JIM BAKER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 4 | BRIAN HELMINEN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 3 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 4 | SECRETARY |
| IRS990EZ/Organization501c | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | false |
| IRS990EZ/OrganizationHadUBI | 0 | false |
| IRS990EZ/OtherAssetsTotal/BOY | 0 | 208575 |
| IRS990EZ/OtherAssetsTotal/EOY | 0 | 149591 |
| IRS990EZ/OtherChangesInNetAssets | 0 | 165 |
| IRS990EZ/OtherExpensesTotal | 0 | 28476 |
| IRS990EZ/PrimaryExemptPurpose | 0 | ASSISTED LOCAL COMPANIES WITH START-UP AND/OR EXPANSION, SUPPORTED THE AIMS OF THE COUNCIL THROUGH INTERACTION WITH GOVERNMENTAL UNITS, LOCAL INSTITUTIONS, CIVIC AND BUSINESS GROUPS IN THE AREA |
| IRS990EZ/PrintingPublicationsPostage | 0 | 2494 |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | ASSISTED LOCAL COMPANIES WITH START-UP AND/OR EXPANSION, SUPPORTED THE AIMS OF THE COUNCIL THROUGH INTERACTION WITH GOVERNMENTAL UNITS, LOCAL INSTITUTIONS, CIVIC AND BUSINESS GROUPS IN THE AREA. |
| IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses | 0 | 17436 |
| IRS990EZ/ProgramServiceRevenue | 0 | 10847 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | false |
| IRS990EZ/RelatedOrgControlledEntity | 0 | false |
| IRS990EZ/ScheduleBNotRequired | 0 | X |
| IRS990EZ/SubjectToProxyTax | 0 | false |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 52836 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 37469 |
| IRS990EZ/TanningServicesProvided | 0 | false |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 47500 US HWY 45 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine2 | 0 | 47500 US HWY 45 |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | HOUGHTON |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | MI |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 49931 |
| IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | GS ENGINEERING |
| IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine2 | 0 | GS ENGINEERING |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 9064821235 |
| IRS990EZ/TotalAssets/BOY | 0 | 342889 |
| IRS990EZ/TotalAssets/EOY | 0 | 340692 |
| IRS990EZ/TotalExpenses | 0 | 103831 |
| IRS990EZ/TotalProgramServiceExpenses | 0 | 17436 |
| IRS990EZ/TotalRevenue | 0 | 116836 |
| IRS990EZ/WebSite | 0 | WWW.KEDABIZ.COM |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | EXPENSES TRAVEL 2,083 CONFERENCES/MEETINGS 1,407 INSURANCE 1,040 EQUIPMENT RENTAL 631 BANK CHARGES 496 CONTRACT SERVICES 14,161 INTERNET 745 WORKSHOPS 1,997 DUES AND SUBSCRIPTIONS 161 JOB BOARDS 60 SUPPLIES 1,954 TELEPHONE 1,591 MISC 763 MEALS 48 LICENSE AND PERMITS 40 SCHOLARSHIPS 816 NON-INVESTMENT DEPRECIATION 483 TOTAL 28,476 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | CORRECT BANK ERROR 165 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | XEROX MACHINE 0 2,812 LESS ACCUMULATED DEPRECIATION 0 2,177 COMPUTER 0 982 LESS ACCUMULATED DEPRECIATION 0 982 TELEPHONES 0 337 LESS ACCUMULATED DEPRECIATION 0 100 REFRIGERATOR 0 157 LESS ACCUMULATED DEPRECIATION 0 46 STORAGE CHEST 0 63 LESS ACCUMULATED DEPRECIATION 0 19 2 DRAW CABINET 0 42 LESS ACCUMULATED DEPRECIATION 0 2 LOAN RECEIVABLE 207,067 148,524 EQUIPMENT 4,351 0 ACCUMULATED DEPRECIATION -2,843 0 TOTAL 208,575 149,591 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,910 2,192 PREPAID DUES 49,926 35,277 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | ASSISTED LOCAL COMPANIES WITH START-UP AND/OR EXPANSION, SUPPORTED THE AIMS OF THE COUNCIL THROUGH INTERACTION WITH GOVERNMENTAL UNITS, LOCAL INSTITUTIONS, CIVIC AND BUSINESS GROUPS IN THE AREA |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | OTHER EXPENSES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | OTHER CHANGES IN NET ASSETS OR FUND BALANCES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | OTHER ASSETS |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | OTHER LIABILITIES |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | PRIMARY EXEMPT PURPOSE |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 237314061 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | KEWEENAW ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/Name/BusinessNameLine2 | 0 | ALLIANCE |
| ReturnHeader/Filer/NameControl | 0 | KEWE |
| ReturnHeader/Filer/Phone | 0 | 9064826817 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 600 E LAKESHORE DRIVE |
| ReturnHeader/Filer/USAddress/City | 0 | HOUGHTON |
| ReturnHeader/Filer/USAddress/State | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 49931 |
| ReturnHeader/Officer/DateSigned | 0 | 2012-05-15 |
| ReturnHeader/Officer/Name | 0 | GLEN SIMULA |
| ReturnHeader/Officer/Phone | 0 | 9064826817 |
| ReturnHeader/Officer/Title | 0 | TREASURER |
| ReturnHeader/Preparer/DatePrepared | 0 | 2012-05-15 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | RANDY MALUEG CPA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 1321 N 22ND ST |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | ESCANABA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | MI |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 498291746 |
| ReturnHeader/Preparer/Name | 0 | RANDY MALUEG CPA |
| ReturnHeader/Preparer/Phone | 0 | 9062172000 |
| ReturnHeader/Preparer/SelfEmployed | 0 | X |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2011-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2011-12-31 |
| ReturnHeader/TaxYear | 0 | 2011 |
| ReturnHeader/Timestamp | 0 | 2012-05-15T15:34:20-05:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $340,692
- Liabilities
- $37,469
- Net assets
- $303,223
- Revenue
- $116,836
- Expenses
- $103,831
- Net income
- $13,005