Civic Intelligence

Jefferson County Development Council

990 • Fiscal year 2019 • EIN 25-1447936

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 10, 2020

155 Main Street 2nd FloorBrookville, PA 15825

(814) 849-3047

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.07x

Higher debt load relative to assets than 33% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

96th percentile

1.36x

Higher debt load relative to revenue than 96% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

96th percentile

39%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

34th percentile

0.8%

Faster asset growth than 34% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-2.3%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,112,861

Up $23,895 (+0.8%) from 2018

Net Assets

Up

$2,898,596

Up $60,833 (+2.1%) from 2018

Liabilities

Down

$214,265

Down $36,938 (-15%) from 2018

Revenue

Down

$156,993

Down $3,756 (-2.3%) from 2018

Expenses

Down

$96,160

Down $24,383 (-20%) from 2018

Net Income

Up

$60,833

Up $20,627 (+51%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $2,900,007Liabilities 2014: $398,846Net Assets 2014: $2,501,1612014Assets 2015: $2,923,300Liabilities 2015: $347,058Net Assets 2015: $2,576,2422015Assets 2016: $2,926,008Liabilities 2016: $313,532Net Assets 2016: $2,612,4762016Assets 2017: $3,079,658Liabilities 2017: $281,022Net Assets 2017: $2,798,6362017Assets 2018: $3,088,966Liabilities 2018: $251,203Net Assets 2018: $2,837,7632018Assets 2019: $3,112,861Liabilities 2019: $214,265Net Assets 2019: $2,898,5962019Assets 2021: $3,183,633Liabilities 2021: $155,402Net Assets 2021: $3,028,2312021Assets 2022: $3,202,280Liabilities 2022: $125,001Net Assets 2022: $3,077,2792022Assets 2024: $3,339,639Liabilities 2024: $60,476Net Assets 2024: $3,279,1632024

Highlighted filing

2019

Assets$3,112,861
Liabilities$214,265
Net Assets$2,898,596

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2014: $144,843Expenses 2014: $119,915Net Income 2014: $24,9282014Revenue 2015: $163,435Expenses 2015: $88,354Net Income 2015: $75,0812015Revenue 2016: $149,411Expenses 2016: $113,177Net Income 2016: $36,2342016Revenue 2017: $319,041Expenses 2017: $132,881Net Income 2017: $186,1602017Revenue 2018: $160,749Expenses 2018: $120,543Net Income 2018: $40,2062018Revenue 2019: $156,993Expenses 2019: $96,160Net Income 2019: $60,8332019Revenue 2021: $162,940Expenses 2021: $91,634Net Income 2021: $71,3062021Revenue 2022: $157,921Expenses 2022: $108,873Net Income 2022: $49,0482022Revenue 2024: $336,813Expenses 2024: $183,736Net Income 2024: $153,0772024

Highlighted filing

2019

Revenue$156,993
Expenses$96,160
Net Income$60,833
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 10, 2020
Return Version
2019v5.0
Gross Receipts
$166,909
Mission and Program Overview

Mission

The council's objective is to assist in industrial & economic development in jefferson county pa using loan programs and all other resources available.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,363,672$1,321,182▼ $42,490
Savings and Temporary Cash Investments$863,302$1,083,651▲ $220,349
Other Notes and Loans Receivable, Net$861,992$708,028▼ $153,964
Total Assets$3,088,966$3,112,861▲ $23,895
Liabilities
Mortgage Notes Payable Secured by Investment Property$231,807$201,221▼ $30,586
Deferred Revenue$15,052$10,125▼ $4,927
Other Liabilities$1,739$2,239▲ $500
Accounts Payable and Accrued Expenses$2,605$680▼ $1,925
Total Liabilities$251,203$214,265▼ $36,938
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,837,763$2,898,596▲ $60,833
Total Net Assets Fund Balance$2,837,763$2,898,596▲ $60,833
Total Liabilities and Net Assets / Fund Balance$3,088,966$3,112,861▲ $23,895

Asset Categories

AssetBook ValueDepreciationBasis
Land$17,327-$17,327
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alan ReitzPresident
Alvin RodgersDirector
Barry FillmanDirector
Brent McneilDirector
Chuck EvanoffDirector
Dave MillerDirector
Drew NedzinskiDirector
Jill Martin-rendDirector
Joe McdonaldDirector
John ShimkoDirector
Joseph VaracalloDirector
Karen PfingstlerDirector
Rick YoungDirector
Salvatore CassanoDirector
Tina KennemuthDirector
Joe WeibleSec/treas
Sam SmithVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$22,001
Program Service Revenue
$102,942
Investment Income
$26,443
Other Revenue
$5,607
Change in Net Assets
$60,833

Audited Revenue Reconciliation

Revenue per Audited Statements
$156,993
Revenue Not Reported on Form 990
$9,915
Total Revenue per Audited Statements
$166,908
Total Revenue per Form 990
$156,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$88,169
Salaries, Compensation, and Employee Benefits$7,991
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$42,491
Conferences and Meetings---$9,676
Other Salaries and Wages---$7,216
Advertising---$5,811
Office Expenses---$4,190
Interest---$2,318
Fees for Services Accounting---$1,946
Occupancy---$1,491
Insurance---$1,000
All Other Expenses---$977
Other Expenses---$927
Payroll Taxes---$775
Total Functional Expenses$0$0$0$96,160

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$106,075
Expenses per Audited Statements$96,160
Total Expenses per Form 990$96,160
Expenses Not Reported on Form 990$9,915
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,273
Fundraising Direct Expenses$9,916
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest Payable$1,354
Unearned Grants - Idp$885
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Other officer compensation reviewed
No
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 7A

Election of members for the board of directors is done on a rotating basis with terms lasting for a three year period. Officers are elected annually.

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

Form 990 is reviewed by the board of directors at their regularly scheduled meeting prior to filing.

Form 990, Page 6, Part VI, Line 19

All documents are available for public inspection during normal working hours.

Filing and Contact Details

Filer

Filer Name
Jefferson County Development
EIN
25-1447936
Phone
8148493047
Address
155 MAIN STREET 2ND FLOOR, BROOKVILLE, PA 15825

Signing Officer

Name
Jamie Lefever
Title
Executive Director
Phone
8148493047
Signed
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alan Reitz
Formed
1965
Legal Domicile
Pa
Voting Board Members
17
Independent Board Members
17
Employees
1

Preparer

Firm
Brooks & Rhoads Cpas
Address
160 S 2ND AVE STE D, CLARION, PA 16214-2444
Preparer
Greg B Rhoads
Phone
8142264039
Supplemental Narrative

Additional Explanations

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

Expenditures are all related to the council's objective of providing economic development services to to residents of jefferson county, pa.

Form 990, Part XI, Line 9

Fundraising revenue net of cost on 990 9,915 fundraising revenue net of cost on 990 -9,915

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising revenue net of cost on 990 9,915

Schedule D, Page 4, Part XII, Line 2D

Fundraising revenue net of cost on 990 9,915

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IRS990/OtherLiabilitiesGrp/BOYAmt01739
IRS990/OtherLiabilitiesGrp/EOYAmt02239
IRS990/OtherRevenueMiscGrp/Desc0BAD DEBT RECOVERY
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01250
IRS990/OtherRevenueTotalAmt01250
IRS990/OtherSalariesAndWagesGrp/TotalAmt07216
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0861992
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0708028
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IRS990/PayrollTaxesGrp/TotalAmt0775
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ALAN REITZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ENTERPRISE CENTER
IRS990/ProgramServiceRevenueGrp/Desc1DUES & MEMBERSHIPS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113550
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt089392
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113550
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EXPENDITURES ARE ALL RELATED TO THE COUNCIL'S OBJECTIVE OF PROVIDING ECONOMIC DEVELOPMENT SERVICES TO TO RESIDENTS OF JEFFERSON COUNTY, PA.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt057179
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IRS990/PYContributionsGrantsAmt019358
IRS990/PYInvestmentIncomeAmt031413
IRS990/PYOtherExpensesAmt099774
IRS990/PYOtherRevenueAmt0861
IRS990/PYProgramServiceRevenueAmt0109117
IRS990/PYRevenuesLessExpensesAmt040206
IRS990/PYSalariesCompEmpBnftPaidAmt020769
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IRS990/PYTotalRevenueAmt0160749
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1885
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED GRANTS - IDP
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IRS990ScheduleD/RevenueNotReportedAmt09915
IRS990ScheduleD/RevenueSubtotalAmt0156993
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING REVENUE NET OF COST ON 990 9,915
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING REVENUE NET OF COST ON 990 9,915
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalExpensesPerForm990Amt096160
IRS990ScheduleD/TotalLiabilityAmt02239
IRS990ScheduleD/TotalRevenuePerForm990Amt0156993
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0166908
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENDITURES ARE ALL RELATED TO THE COUNCIL'S OBJECTIVE OF PROVIDING ECONOMIC DEVELOPMENT SERVICES TO TO RESIDENTS OF JEFFERSON COUNTY, PA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS FOR THE BOARD OF DIRECTORS IS DONE ON A ROTATING BASIS WITH TERMS LASTING FOR A THREE YEAR PERIOD. OFFICERS ARE ELECTED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT THEIR REGULARLY SCHEDULED MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION DURING NORMAL WORKING HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDRAISING REVENUE NET OF COST ON 990 9,915 FUNDRAISING REVENUE NET OF COST ON 990 -9,915
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt03112861
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt096160
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0251203
IRS990/TotalLiabilitiesEOYAmt0214265
IRS990/TotalLiabilitiesGrp/BOYAmt0251203
IRS990/TotalLiabilitiesGrp/EOYAmt0214265
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02837763
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02898596
IRS990/TotalOtherProgSrvcExpenseAmt057179
IRS990/TotalProgramServiceExpensesAmt096160
IRS990/TotalProgramServiceRevenueAmt0102942
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0130635
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0156993
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03088966
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03112861
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt017214 RT 36
IRS990/USAddress/CityNm0BROOKVILLE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015825
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMIE LEFEVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08148493047
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JEFFERSON COUNTY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0JEFF
ReturnHeader/Filer/EIN0251447936
ReturnHeader/Filer/PhoneNum08148493047
ReturnHeader/Filer/USAddress/AddressLine1Txt0155 MAIN STREET 2ND FLOOR
ReturnHeader/Filer/USAddress/CityNm0BROOKVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd015825
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0710E470C9CC1797AEFFAAAFAEB4DA6AA04B29EAA
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BB10B6BBC7455201C583B50A9F1AC9F67D598CC2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.79.197.232
ReturnHeader/FilingSecurityInformation/IPDt02020-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:47:37
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0251900599
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROOKS & RHOADS CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0160 S 2ND AVE STE D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLARION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA

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