Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Keweenaw Economic Development Alliance
990EZ • Fiscal year 2012 • EIN 23-7314061
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.13x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
57th percentile
Higher net margin than 57% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Balance Sheet
Assets
Up$355,066
Up $14,374 (+4.2%) from 2011
Net Assets
Up$310,365
Up $7,142 (+2.4%) from 2011
Liabilities
Up$44,701
Up $7,232 (+19%) from 2011
Revenue And Expenses
Revenue
Up$125,374
Up $8,538 (+7.3%) from 2011
Expenses
Up$118,233
Up $14,402 (+14%) from 2011
Net Income
Down$7,141
Down $5,864 (-45%) from 2011
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2012 to Dec 31, 2012
- Signed
- May 13, 2013
- Return Version
- 2012v2.1
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 Appendix130 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 | 191101 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 189756 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 9760 |
| IRS990EZ/DidOrgFileForm1120POLThisYear | 0 | false |
| IRS990EZ/DoesOrgHaveHospital | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | false |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | false |
| IRS990EZ/ExcessOrDeficitForYear | 0 | 7141 |
| IRS990EZ/FeesAndOthPymtToIndContractors | 0 | 74293 |
| IRS990EZ/ForeignFinancialAccount | 0 | false |
| IRS990EZ/ForeignOffice | 0 | false |
| IRS990EZ/GrossReceipts | 0 | 125374 |
| IRS990EZ/GrossReceiptsLessThan25000 | 0 | X |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InfoInScheduleOPartIII | 0 | X |
| IRS990EZ/InvestmentIncome | 0 | 12937 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | false |
| IRS990EZ/MadeLoansToFromOfficers | 0 | false |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | false |
| IRS990EZ/MembershipDues | 0 | 86227 |
| IRS990EZ/MethodOfAccountingAccrual | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | 303224 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | 303224 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | 310365 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | 310365 |
| IRS990EZ/OccupancyRentUtilitiesAndMaint | 0 | 1006 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 30.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 000.00 |
| 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 | 149592 |
| IRS990EZ/OtherAssetsTotal/EOY | 0 | 165310 |
| IRS990EZ/OtherExpensesTotal | 0 | 42762 |
| IRS990EZ/OtherRevenueTotal | 0 | 1150 |
| 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 | 172 |
| 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 | 20687 |
| IRS990EZ/ProgramServiceRevenue | 0 | 15300 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | false |
| IRS990EZ/RelatedOrgControlledEntity | 0 | false |
| IRS990EZ/ScheduleBNotRequired | 0 | X |
| IRS990EZ/SubjectToProxyTax | 0 | false |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 37469 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 44701 |
| 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 | 340693 |
| IRS990EZ/TotalAssets/EOY | 0 | 355066 |
| IRS990EZ/TotalExpenses | 0 | 118233 |
| IRS990EZ/TotalProgramServiceExpenses | 0 | 20687 |
| IRS990EZ/TotalRevenue | 0 | 125374 |
| IRS990EZ/TransactionWithControlEntity | 0 | false |
| IRS990EZ/WebSite | 0 | WWW.KEDABIZ.COM |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | REFUND 1,150 TOTAL 1,150 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | EXPENSES 3,718 1,113 TRAVEL 1,846 CONFERENCES/MEETINGS 3,480 INSURANCE 1,040 BANK CHARGES 920 CONTRACT SERVICES 17,843 INTERNET 650 WORKSHOPS 3,451 DUES AND SUBSCRIPTIONS 2,730 POSTAGE 736 TELEPHONE 1,705 MISC 2,745 MEALS 33 NON-INVESTMENT DEPRECIATION 752 TOTAL 42,762 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | GERHART EQUIPMENT 17,975 0 WOOD FLOORING 5,757 0 KEWEENAW SCRAP TIRE 20,941 22,000 ENDRES -159 0 XERATEC CORPORATION 51,327 32,506 ELIZABETH TOLSDORF 2,300 1,700 BACKSTREET CAFE INC 23,314 25,848 GRANDCHAMP HARDWOOD FLOORING -2,930 599 LANSE MFG 30,000 24,793 LOCOS AMIGOS 0 36,654 KEWEENAW SPECIALTY WOODS 0 20,388 4,393 4,897 LESS ACCUMULATED DEPRECIATION 3,326 4,075 TOTAL 149,592 165,310 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,192 657 PREPAID DUES 35,277 44,044 |
| 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 REVENUE |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | OTHER EXPENSES |
| 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 8 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990-EZ, PART I, LINE 16 |
| 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 | 2013-05-13 |
| ReturnHeader/Officer/Name | 0 | GLEN SIMULA |
| ReturnHeader/Officer/Phone | 0 | 9064826817 |
| ReturnHeader/Officer/Title | 0 | TREASURER |
| ReturnHeader/Preparer/DatePrepared | 0 | 2013-05-13 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | RANDY MALUEG CPA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 1401 N 26TH ST STE 203 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | ESCANABA |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | MI |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 498292500 |
| ReturnHeader/Preparer/Name | 0 | RANDY MALUEG CPA |
| ReturnHeader/Preparer/Phone | 0 | 9062171040 |
| ReturnHeader/Preparer/SelfEmployed | 0 | X |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2012-12-31 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2013-05-16T07:32:26-05:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $355,066
- Liabilities
- $44,701
- Net assets
- $310,365
- Revenue
- $125,374
- Expenses
- $118,233
- Net income
- $7,141