Civic Intelligence

Greensburg Community Development Corporation

990EZ • Fiscal year 2016 • EIN 23-7345272

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

41 West Otterman Street Suite 520Greensburg, PA 15601

(724) 689-0040

Siviq Scores

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

Liabilities / Assets

90th percentile

0.53x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

0.67x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

33rd percentile

-3.6%

Higher net margin than 33% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$33,600

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 34.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

56th percentile

5.2%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

63rd percentile

9.4%

Faster revenue growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$122,783

Up $6,098 (+5.2%) from 2015

Net Assets

Down

$57,542

Down $3,499 (-5.7%) from 2015

Liabilities

Up

$65,241

Up $9,597 (+17%) from 2015

Revenue

Up

$96,769

Up $8,344 (+9.4%) from 2015

Expenses

Down

$100,268

Down $32,462 (-24%) from 2015

Net Income

Up

-$3,499

Up $40,806 (+92%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2013: $177,679Liabilities 2013: $105,951Net Assets 2013: $71,7282013Assets 2015: $116,685Liabilities 2015: $55,644Net Assets 2015: $61,0412015Assets 2016: $122,783Liabilities 2016: $65,241Net Assets 2016: $57,5422016Assets 2018: $146,635Liabilities 2018: $55,599Net Assets 2018: $91,0362018Assets 2019: $165,849Liabilities 2019: $52,867Net Assets 2019: $112,9822019Assets 2020: $215,452Liabilities 2020: $51,461Net Assets 2020: $163,9912020Assets 2021: $101,727Liabilities 2021: $584Net Assets 2021: $101,1432021Assets 2022: $106,422Liabilities 2022: $3,023Net Assets 2022: $103,3992022Assets 2023: $118,473Liabilities 2023: $7,333Net Assets 2023: $111,1402023Assets 2024: $110,770Liabilities 2024: $14,018Net Assets 2024: $96,7522024

Highlighted filing

2016

Assets$122,783
Liabilities$65,241
Net Assets$57,542

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2013: $103,473Expenses 2013: $151,750Net Income 2013: -$48,2772013Revenue 2015: $88,425Expenses 2015: $132,730Net Income 2015: -$44,3052015Revenue 2016: $96,769Expenses 2016: $100,268Net Income 2016: -$3,4992016Revenue 2018: $74,901Expenses 2018: $60,004Net Income 2018: $14,8972018Revenue 2019: $117,806Expenses 2019: $95,860Net Income 2019: $21,9462019Revenue 2020: $246,620Expenses 2020: $195,611Net Income 2020: $51,0092020Revenue 2021: $232,023Expenses 2021: $313,446Net Income 2021: -$81,4232021Revenue 2022: $110,245Expenses 2022: $107,989Net Income 2022: $2,2562022Revenue 2023: $96,641Expenses 2023: $88,900Net Income 2023: $7,7412023Revenue 2024: $204,554Expenses 2024: $218,942Net Income 2024: -$14,3882024

Highlighted filing

2016

Revenue$96,769
Expenses$100,268
Net Income-$3,499
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$96,769
Mission and Program Overview

Mission

To assist the city of greensburg, businesses, institutions, and organizations in the development and implementation of plans and programs encompassing total community development, beginning in the core area and focused within the geographical boundaries of the city.

Program Services

DescriptionGrantsExpenses
THINK GREENSBURG PROGRAM: THE GREENSBURG COMMUNITY DEVELOPMENT CORPORATION HAS THREE PRIORITIES: EXPANDING CULTURAL AND SHOPPING DISTRICT OFFERINGS, INCREASING PRIVATE AND PUBLIC INVESTMENT WITHIN THE DOWNTOWN AREA, AND STRENGTHING GREENSBURG'S NEIGHBORHOODS. ASSISTING COMMERCIAL PROPERTY DEVELOPERS, INVESTORS, BUSINESS OWNERS, ENTREPRENEURS, NONPROFIT ORGANIZATIONS AND INDIVIDUALS TO MAKE SUCCESSFUL, PRODUCTIVE INVESTMENTS IN THE CITY OF GREENSBURG. THE ORGANIZATION ALSO PROVIDES A BROAD RANGE OF SERVICES FROM GENERAL COMMUNITY INFORMATION TO AN ONLINE LISTING OF APARTMENTS AND RENTAL HOUSES. IT ALSO PROVIDES COMMERICAL PROPERTY LISTINGS FOR PURCHASE OR LEASE AND CAN ASSIST WITH IDENTIFYING BOTH PRIVATE AND PUBLIC FUNDING SOURCES FOR BOTH BUSINESS START-UP AND COMMERCIAL PROPERTY PROJECTS.-$21,525
PROMOTE GREENSBURG DEVELOPMENT, INCLUDING THE HEALTHCARE DISTRICT.-$20,819
FAADE IMPROVEMENT GRANT PROGRAM: THE CITY OF GREENSBURG SECURED THE PROGRAM FUNDS FROM THE PA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT AND CONTRACTED THE GREENSBURG COMMUNITY DEVELOPMENT CORPORATION FOR THE ADMINISTRATION AND PROMOTION OF THE FAADE IMPROVEMENT GRANT PROGRAM. THE OBJECTIVE OF THE FAADE IMPROVEMENT GRANT PROGRAM IS TO ENCOURAGE A BUSINESS OR COMMERCIAL PROPERTY OWNER TO RENOVATE THE STOREFRONT OR BUILDING FAADE BY PROVIDING A MATCHING GRANT (5,000 MAXIMUM GRANT PER PROJECT). THE GCDC PROMOTES THE FAADE IMPROVEMENT GRANT PROGRAM TO PROPERTY AND BUSINESS OWNERS VIA A DIRECT MAIL BROCHURE, PRESS RELEASES TO LOCAL MEDIA, AND ARTICLES IN THE ORGANIZATION'S NEWSLETTER. INFORMATIONAL MEETINGS ARE SCHEDULED EACH YEAR TO DESCRIBE THE APPLICATION PROCESS AND TO ANSWER QUESTIONS FROM PROSPECTIVE APPLICANTS. THE GCDC ASSISTS APPLICANTS WITH THE COMPLETION OF THE GRANT APPLICATION, CONFIRMS SUCCESSFUL COMPLETION OF THE RENOVATION PROJECT, ENSURES THE PROGRAM GUIDELINES ARE FOLLOWED BY THE APPLICANT, AND CLOSES THE APPLICATION BY PAYING THE GRANT FUNDS TO THE APPLICANT.$15,000$18,969
LERTA/G-FUND: UTILIZES THE PENNSYLVANIA LOCAL ECONOMIC REVITALIZATION TAX ASSISTANCE ACT PROGRAM AS A CREATIVE WAY TO IMPLEMENT STRATEGIC FINANCIAL OPPORTUNITIES TO DRIVE REVITALIZATION.-$8,497
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVEN GIFFORDExecutive DiFT$33,600-$33,600
CHARLES SEAMENSDirector Eme-$0--
BARBARA CIAMPINIDirector-$0--
REGINA BEATTYDirector-$0--
JOHN KLINETreasurer-$0--
DAVID MCNICHOLDirector-$0--
SUSAN NELSONDirector-$0--
RONALD OTTDirector-$0--
JOHN RANKERVice Preside-$0--
SCOTT BROWNDirector Eme-$0--
JEFF ANZOVINOPresident-$0--
RAY CHARLEYDirector-$0--
JULIE FREEMANDirector-$0--
JUDITH O' TOOLEDirector-$0--
PRESTON POLJAKDirector-$0--
JANET ZOMBEKSecretary-$0--
ASHLEE ANDREWSDirector-$0--
AMY BEEGHLYDirector-$0--
FAYE ROSATTIDirector-$0--
JIM SMITHDirector-$0--
SCOTT AVOLIODirector-$0--
ALYSSA KUNSELMANDirector-$0--
ROY BODNARDirector-$0--
RONALD MELLINGER JRDirector-$0--
SHANNON SMITHDirector-$0--
DAVID MYRONDirector-$0--
Filing and Contact Details

Filer

Filer Name
Greensburg Community Development
EIN
23-7345272
Address
41 WEST OTTERMAN STREET SUITE 520, GREENSBURG, PA 15601

Signing Officer

Name
Jeff Anzovino
Title
President
Phone
7246890040
Signed
2017-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Delisi Keenan & Associates Pc
Address
217 S PENNSYLVANIA AVE, GREENSBURG, PA 15601
Preparer
Michael P Keenan CPA
Phone
7248328585
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Advertising revenue 6,795 total 6,795

Form 990-ez, Part I, Line 16

Expenses advertising expenses 8,673 marketing fees 334 website 90 telephone 1,070 supplies 1,084 meals expense 785 mileage expense 900 parking and tolls expense 146 travel & meeting 384 conference & quarterly 165 line-of-credit interest 1,916 insurances 6,664 internships 3,550 vinyl street light banner 1,655 books, subscriptions, ref 1,150 bank fees 200 south pennsylvania projec 1,101 organizational (corp) exp 100 paypal merchant processin 32 pedestrian & bike path 4,309 development & investment 100 facade improvement progra 15,000 non-investment depreciation 176 total 49,584

Form 990-ez, Part II, Line 24

Pledges receivable 400 5,400 accounts receivable 100 1,825 prepaid expenses and deferred charges 370 370 equipment 3,745 5,860 less accumulated depreciation 3,745 3,921 total 870 9,534

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 12,289 11,886 unsecured notes and loans payable 40,200 50,200 st. Clair park project 3,155 3,155

Form 990-ez, Part III

To assist the city of greensburg, businesses, institutions, and organizations in the development and implementation of plans and programs encompassing total community development, beginning in the core area and focused within the geographical boundaries of the city.

Form 990-ez, Part III, Line 28

Faade improvement grant program: the city of greensburg secured the program funds from the pa department of community and economic development and contracted the greensburg community development corporation for the administration and promotion of the faade improvement grant program. The objective of the faade improvement grant program is to encourage a business or commercial property owner to renovate the storefront or building faade by providing a matching grant (5,000 maximum grant per project). The gcdc promotes the faade improvement grant program to property and business owners via a direct mail brochure, press releases to local media, and articles in the organization's newsletter. Informational meetings are scheduled each year to describe the application process and to answer questions from prospective applicants. The gcdc assists applicants with the completion of the grant application, confirms successful completion of the renovation project, ensures the program guidelines are followed by the applicant, and closes the application by paying the grant funds to the applicant.

Form 990-ez, Part III, Line 29

Think greensburg program: the greensburg community development corporation has three priorities: expanding cultural and shopping district offerings, increasing private and public investment within the downtown area, and strengthing greensburg's neighborhoods. Assisting commercial property developers, investors, business owners, entrepreneurs, nonprofit organizations and individuals to make successful, productive investments in the city of greensburg. The organization also provides a broad range of services from general community information to an online listing of apartments and rental houses. It also provides commerical property listings for purchase or lease and can assist with identifying both private and public funding sources for both business start-up and commercial property projects.

Form 990-ez, Part III, Line 30

Lerta/g-fund: utilizes the pennsylvania local economic revitalization tax assistance act program as a creative way to implement strategic financial opportunities to drive revitalization.

Form 990-ez, Part III, Line 31

Promote greensburg development, including the healthcare district.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FAADE IMPROVEMENT GRANT PROGRAM: THE CITY OF GREENSBURG SECURED THE PROGRAM FUNDS FROM THE PA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT AND CONTRACTED THE GREENSBURG COMMUNITY DEVELOPMENT CORPORATION FOR THE ADMINISTRATION AND PROMOTION OF THE FAADE IMPROVEMENT GRANT PROGRAM. THE OBJECTIVE OF THE FAADE IMPROVEMENT GRANT PROGRAM IS TO ENCOURAGE A BUSINESS OR COMMERCIAL PROPERTY OWNER TO RENOVATE THE STOREFRONT OR BUILDING FAADE BY PROVIDING A MATCHING GRANT (5,000 MAXIMUM GRANT PER PROJECT). THE GCDC PROMOTES THE FAADE IMPROVEMENT GRANT PROGRAM TO PROPERTY AND BUSINESS OWNERS VIA A DIRECT MAIL BROCHURE, PRESS RELEASES TO LOCAL MEDIA, AND ARTICLES IN THE ORGANIZATION'S NEWSLETTER. INFORMATIONAL MEETINGS ARE SCHEDULED EACH YEAR TO DESCRIBE THE APPLICATION PROCESS AND TO ANSWER QUESTIONS FROM PROSPECTIVE APPLICANTS. THE GCDC ASSISTS APPLICANTS WITH THE COMPLETION OF THE GRANT APPLICATION, CONFIRMS SUCCESSFUL COMPLETION OF THE RENOVATION PROJECT, ENSURES THE PROGRAM GUIDELINES ARE FOLLOWED BY THE APPLICANT, AND CLOSES THE APPLICATION BY PAYING THE GRANT FUNDS TO THE APPLICANT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THINK GREENSBURG PROGRAM: THE GREENSBURG COMMUNITY DEVELOPMENT CORPORATION HAS THREE PRIORITIES: EXPANDING CULTURAL AND SHOPPING DISTRICT OFFERINGS, INCREASING PRIVATE AND PUBLIC INVESTMENT WITHIN THE DOWNTOWN AREA, AND STRENGTHING GREENSBURG'S NEIGHBORHOODS. ASSISTING COMMERCIAL PROPERTY DEVELOPERS, INVESTORS, BUSINESS OWNERS, ENTREPRENEURS, NONPROFIT ORGANIZATIONS AND INDIVIDUALS TO MAKE SUCCESSFUL, PRODUCTIVE INVESTMENTS IN THE CITY OF GREENSBURG. THE ORGANIZATION ALSO PROVIDES A BROAD RANGE OF SERVICES FROM GENERAL COMMUNITY INFORMATION TO AN ONLINE LISTING OF APARTMENTS AND RENTAL HOUSES. IT ALSO PROVIDES COMMERICAL PROPERTY LISTINGS FOR PURCHASE OR LEASE AND CAN ASSIST WITH IDENTIFYING BOTH PRIVATE AND PUBLIC FUNDING SOURCES FOR BOTH BUSINESS START-UP AND COMMERCIAL PROPERTY PROJECTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2LERTA/G-FUND: UTILIZES THE PENNSYLVANIA LOCAL ECONOMIC REVITALIZATION TAX ASSISTANCE ACT PROGRAM AS A CREATIVE WAY TO IMPLEMENT STRATEGIC FINANCIAL OPPORTUNITIES TO DRIVE REVITALIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3PROMOTE GREENSBURG DEVELOPMENT, INCLUDING THE HEALTHCARE DISTRICT.
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IRS990EZ/WebsiteAddressTxt0WWW.THINKGREENSBURG.COM
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0ADVERTISING 11,721
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING REVENUE 6,795 TOTAL 6,795
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING EXPENSES 8,673 MARKETING FEES 334 WEBSITE 90 TELEPHONE 1,070 SUPPLIES 1,084 MEALS EXPENSE 785 MILEAGE EXPENSE 900 PARKING AND TOLLS EXPENSE 146 TRAVEL & MEETING 384 CONFERENCE & QUARTERLY 165 LINE-OF-CREDIT INTEREST 1,916 INSURANCES 6,664 INTERNSHIPS 3,550 VINYL STREET LIGHT BANNER 1,655 BOOKS, SUBSCRIPTIONS, REF 1,150 BANK FEES 200 SOUTH PENNSYLVANIA PROJEC 1,101 ORGANIZATIONAL (CORP) EXP 100 PAYPAL MERCHANT PROCESSIN 32 PEDESTRIAN & BIKE PATH 4,309 DEVELOPMENT & INVESTMENT 100 FACADE IMPROVEMENT PROGRA 15,000 NON-INVESTMENT DEPRECIATION 176 TOTAL 49,584
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PLEDGES RECEIVABLE 400 5,400 ACCOUNTS RECEIVABLE 100 1,825 PREPAID EXPENSES AND DEFERRED CHARGES 370 370 EQUIPMENT 3,745 5,860 LESS ACCUMULATED DEPRECIATION 3,745 3,921 TOTAL 870 9,534
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 12,289 11,886 UNSECURED NOTES AND LOANS PAYABLE 40,200 50,200 ST. CLAIR PARK PROJECT 3,155 3,155
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO ASSIST THE CITY OF GREENSBURG, BUSINESSES, INSTITUTIONS, AND ORGANIZATIONS IN THE DEVELOPMENT AND IMPLEMENTATION OF PLANS AND PROGRAMS ENCOMPASSING TOTAL COMMUNITY DEVELOPMENT, BEGINNING IN THE CORE AREA AND FOCUSED WITHIN THE GEOGRAPHICAL BOUNDARIES OF THE CITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FAADE IMPROVEMENT GRANT PROGRAM: THE CITY OF GREENSBURG SECURED THE PROGRAM FUNDS FROM THE PA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT AND CONTRACTED THE GREENSBURG COMMUNITY DEVELOPMENT CORPORATION FOR THE ADMINISTRATION AND PROMOTION OF THE FAADE IMPROVEMENT GRANT PROGRAM. THE OBJECTIVE OF THE FAADE IMPROVEMENT GRANT PROGRAM IS TO ENCOURAGE A BUSINESS OR COMMERCIAL PROPERTY OWNER TO RENOVATE THE STOREFRONT OR BUILDING FAADE BY PROVIDING A MATCHING GRANT (5,000 MAXIMUM GRANT PER PROJECT). THE GCDC PROMOTES THE FAADE IMPROVEMENT GRANT PROGRAM TO PROPERTY AND BUSINESS OWNERS VIA A DIRECT MAIL BROCHURE, PRESS RELEASES TO LOCAL MEDIA, AND ARTICLES IN THE ORGANIZATION'S NEWSLETTER. INFORMATIONAL MEETINGS ARE SCHEDULED EACH YEAR TO DESCRIBE THE APPLICATION PROCESS AND TO ANSWER QUESTIONS FROM PROSPECTIVE APPLICANTS. THE GCDC ASSISTS APPLICANTS WITH THE COMPLETION OF THE GRANT APPLICATION, CONFIRMS SUCCESSFUL COMPLETION OF THE RENOVATION PROJECT, ENSURES THE PROGRAM GUIDELINES ARE FOLLOWED BY THE APPLICANT, AND CLOSES THE APPLICATION BY PAYING THE GRANT FUNDS TO THE APPLICANT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THINK GREENSBURG PROGRAM: THE GREENSBURG COMMUNITY DEVELOPMENT CORPORATION HAS THREE PRIORITIES: EXPANDING CULTURAL AND SHOPPING DISTRICT OFFERINGS, INCREASING PRIVATE AND PUBLIC INVESTMENT WITHIN THE DOWNTOWN AREA, AND STRENGTHING GREENSBURG'S NEIGHBORHOODS. ASSISTING COMMERCIAL PROPERTY DEVELOPERS, INVESTORS, BUSINESS OWNERS, ENTREPRENEURS, NONPROFIT ORGANIZATIONS AND INDIVIDUALS TO MAKE SUCCESSFUL, PRODUCTIVE INVESTMENTS IN THE CITY OF GREENSBURG. THE ORGANIZATION ALSO PROVIDES A BROAD RANGE OF SERVICES FROM GENERAL COMMUNITY INFORMATION TO AN ONLINE LISTING OF APARTMENTS AND RENTAL HOUSES. IT ALSO PROVIDES COMMERICAL PROPERTY LISTINGS FOR PURCHASE OR LEASE AND CAN ASSIST WITH IDENTIFYING BOTH PRIVATE AND PUBLIC FUNDING SOURCES FOR BOTH BUSINESS START-UP AND COMMERCIAL PROPERTY PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LERTA/G-FUND: UTILIZES THE PENNSYLVANIA LOCAL ECONOMIC REVITALIZATION TAX ASSISTANCE ACT PROGRAM AS A CREATIVE WAY TO IMPLEMENT STRATEGIC FINANCIAL OPPORTUNITIES TO DRIVE REVITALIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PROMOTE GREENSBURG DEVELOPMENT, INCLUDING THE HEALTHCARE DISTRICT.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART III, LINE 31
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ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P KEENAN CPA
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ReturnHeader/TaxYr02016

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