Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Keweenaw Economic Development Alliance
990EZ • Fiscal year 2013 • EIN 23-7314061
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.10x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
43rd percentile
Higher net margin than 43% of similar nonprofits.
Top Officer Pay
73rd percentile
Higher top officer pay than 73% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Balance Sheet
Assets
Down$346,585
Down $8,481 (-2.4%) from 2012
Net Assets
Up$310,618
Up $253 (+0.1%) from 2012
Liabilities
Down$35,967
Down $8,734 (-20%) from 2012
Revenue And Expenses
Revenue
Up$130,346
Up $4,972 (+4.0%) from 2012
Expenses
Up$130,091
Up $11,858 (+10%) from 2012
Net Income
Down$255
Down $6,886 (-96%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- Apr 15, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $130,346
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.
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
Program Services
| Description | Grants | Expenses |
|---|---|---|
| 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. | - | $31,401 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| GLEN SIMULA | Treasurer | PT | $0 | - | - |
| STEVE PALOSAARI | Vice Preside | - | $0 | - | - |
| PHIL MUSSER | Executive Di | FT | $0 | - | - |
| JIM BAKER | President | - | $0 | - | - |
| BRIAN HELMINEN | Secretary | - | $0 | - | - |
| BRIAN BACCUS | Member | - | $0 | - | - |
| DAVID OLSSON | Member | - | $0 | - | - |
| CHUCK NELSON | Member | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 23-7314061
- Phone
- 9064826817
Signing Officer
- Name
- Glen Simula
- Title
- Treasurer
- Phone
- 9064826817
- Signed
- 2014-04-15
Preparer
- Preparer
- Randy Malueg CPA
- Phone
- 9062171040
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses 2,971 619 travel 1,897 conferences/meetings 176 monthly meetings 2,458 insurance 1,138 bank charges 643 contract services 97,460 internet 669 workshops 2,919 dues and subscriptions 1,170 telephone 1,646 misc 9,047 meals 166 non-investment depreciation 414 total 123,393”
Form 990-ez, Part I, Line 20
“Book / tax depreciation difference -2”
Form 990-ez, Part II, Line 24
“Keweenaw scrap tire 22,000 25,087 xeratec corporation 32,506 0 elizabeth tolsdorf 1,700 0 backstreet cafe inc 25,848 25,849 grandchamp hardwood flooring 599 0 lanse mfg 24,793 20,934 locos amigos 36,654 37,674 keweenaw specialty woods 20,388 17,072 4,897 4,897 less accumulated depreciation 4,075 4,493 total 165,310 127,020”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 657 3,120 prepaid dues 44,044 32,847”
Form 990-ez, Part III
“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”
Raw XML Appendix140 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/CompensationExplanationGrp/PersonNm | 0 | GLEN SIMULA |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | STEVE PALOSAARI |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | PHIL MUSSER |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | JIM BAKER |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | BRIAN HELMINEN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 5 | BRIAN BACCUS |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 6 | DAVID OLSSON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 7 | CHUCK NELSON |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | GS ENGINEERING |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine2 | 0 | GS ENGINEERING |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9064821235 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 47500 US HWY 45 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2 | 0 | 47500 US HWY 45 |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | HOUGHTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 49931 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 189756 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 219565 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10838 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 255 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 2508 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 355066 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 346585 |
| IRS990EZ/GrossReceiptsAmt | 0 | 130346 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 11893 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 82829 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 310365 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 310618 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 310365 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 310618 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 2236 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | GLEN SIMULA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | STEVE PALOSAARI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PHIL MUSSER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JIM BAKER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | BRIAN HELMINEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | BRIAN BACCUS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | DAVID OLSSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | CHUCK NELSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | EXECUTIVE DI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | MEMBER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 165310 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 127020 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -2 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 123393 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 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/PrintingPublicationsPostageAmt | 0 | 1954 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 24786 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 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/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 31401 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 44701 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 35967 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 130091 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 31401 |
| IRS990EZ/TotalRevenueAmt | 0 | 130346 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.KEDABIZ.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES 2,971 619 TRAVEL 1,897 CONFERENCES/MEETINGS 176 MONTHLY MEETINGS 2,458 INSURANCE 1,138 BANK CHARGES 643 CONTRACT SERVICES 97,460 INTERNET 669 WORKSHOPS 2,919 DUES AND SUBSCRIPTIONS 1,170 TELEPHONE 1,646 MISC 9,047 MEALS 166 NON-INVESTMENT DEPRECIATION 414 TOTAL 123,393 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | BOOK / TAX DEPRECIATION DIFFERENCE -2 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | KEWEENAW SCRAP TIRE 22,000 25,087 XERATEC CORPORATION 32,506 0 ELIZABETH TOLSDORF 1,700 0 BACKSTREET CAFE INC 25,848 25,849 GRANDCHAMP HARDWOOD FLOORING 599 0 LANSE MFG 24,793 20,934 LOCOS AMIGOS 36,654 37,674 KEWEENAW SPECIALTY WOODS 20,388 17,072 4,897 4,897 LESS ACCUMULATED DEPRECIATION 4,075 4,493 TOTAL 165,310 127,020 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 657 3,120 PREPAID DUES 44,044 32,847 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 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/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GLEN SIMULA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9064826817 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-04-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | KEWEENAW ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2 | 0 | ALLIANCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | KEWE |
| ReturnHeader/Filer/EIN | 0 | 237314061 |
| ReturnHeader/Filer/PhoneNum | 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/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | RANDY MALUEG CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 1401 N 26TH ST STE 203 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | ESCANABA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 498292500 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9062171040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-05-29 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RANDY MALUEG CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2014-06-06T08:54:23-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $346,585
- Liabilities
- $35,967
- Net assets
- $310,618
- Revenue
- $130,346
- Expenses
- $130,091
- Net income
- $255