Civic Intelligence

Jefferson County Development Council

990 • Fiscal year 2018 • EIN 25-1447936

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

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

35th percentile

0.08x

Higher debt load relative to assets than 35% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

1.56x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

91st percentile

25%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

43rd percentile

0.3%

Faster asset growth than 43% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-50%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,088,966

Up $9,308 (+0.3%) from 2017

Net Assets

Up

$2,837,763

Up $39,127 (+1.4%) from 2017

Liabilities

Down

$251,203

Down $29,819 (-11%) from 2017

Revenue

Down

$160,749

Down $158,292 (-50%) from 2017

Expenses

Down

$120,543

Down $12,338 (-9.3%) from 2017

Net Income

Down

$40,206

Down $145,954 (-78%) from 2017

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

2018

Assets$3,088,966
Liabilities$251,203
Net Assets$2,837,763

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

2018

Revenue$160,749
Expenses$120,543
Net Income$40,206
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$168,538
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$1,407,244$1,363,672▼ $43,572
Savings and Temporary Cash Investments$822,743$863,302▲ $40,559
Other Notes and Loans Receivable, Net$849,671$861,992▲ $12,321
Total Assets$3,079,658$3,088,966▲ $9,308
Liabilities
Mortgage Notes Payable Secured by Investment Property$262,090$231,807▼ $30,283
Deferred Revenue$13,629$15,052▲ $1,423
Accounts Payable and Accrued Expenses$2,869$2,605▼ $264
Other Liabilities$2,434$1,739▼ $695
Total Liabilities$281,022$251,203▼ $29,819
Net Assets / Fund Balance
Unrestricted Net Assets$2,798,636$2,837,763▲ $39,127
Total Net Assets Fund Balance$2,798,636$2,837,763▲ $39,127
Total Liabilities and Net Assets / Fund Balance$3,079,658$3,088,966▲ $9,308

Asset Categories

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

Board Members and Trustees

NameTitle
Alan ReitzPresident
Alvin RodgersDirector
Barry FillmanDirector
Beth BittnerDirector
Brent McneilDirector
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
$19,358
Program Service Revenue
$109,117
Investment Income
$31,413
Other Revenue
$861
All Other Contributions
$1,500
Change in Net Assets
$40,206

Audited Revenue Reconciliation

Revenue per Audited Statements
$160,749
Revenue Not Reported on Form 990
$7,789
Total Revenue per Audited Statements
$168,538
Total Revenue per Form 990
$160,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,774
Salaries, Compensation, and Employee Benefits$20,769
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$42,492
Other Salaries and Wages---$19,000
Conferences and Meetings---$10,478
Advertising---$10,197
Fees for Services Accounting---$4,273
Occupancy---$4,176
Office Expenses---$3,164
Interest---$1,926
Payroll Taxes---$1,769
Insurance---$898
Other Expenses---$500
Total Functional Expenses$0$0$0$120,543

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$129,411
Expenses per Audited Statements$120,543
Total Expenses per Form 990$120,543
Expenses Not Reported on Form 990$8,868
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,650
Fundraising Direct Expenses$7,789
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$385
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Alan Reitz
Title
President
Phone
8148493047
Signed
2019-11-07
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 7,789 fundraising revenue net of cost on 990 -7,789 book / tax depreciation difference -1,079 total -1,079

Financial Statement Notes

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

Fundraising revenue net of cost on 990 7,789

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

Fundraising revenue net of cost on 990 7,789 book / tax depreciation difference 1,079

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IRS990/OtherSalariesAndWagesGrp/TotalAmt019000
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0849671
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0861992
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt01769
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ALAN REITZ
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ENTERPRISE CENTER
IRS990/ProgramServiceRevenueGrp/Desc1DUES & MEMBERSHIPS
IRS990/ProgramServiceRevenueGrp/Desc2ADMINISTRATIVE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt089392
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115925
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23800
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt089392
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115925
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23800
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/ExpenseAmt065081
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt09797
IRS990/PYInvestmentIncomeAmt0188417
IRS990/PYOtherExpensesAmt0106736
IRS990/PYOtherRevenueAmt07225
IRS990/PYProgramServiceRevenueAmt0113602
IRS990/PYRevenuesLessExpensesAmt0186160
IRS990/PYSalariesCompEmpBnftPaidAmt026145
IRS990/PYTotalExpensesAmt0132881
IRS990/PYTotalRevenueAmt0319041
IRS990/ReconcilationRevenueExpnssAmt040206
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0822743
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0863302
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt08868
IRS990ScheduleD/ExpensesSubtotalAmt0120543
IRS990ScheduleD/LandGrp/BookValueAmt017327
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt017327
IRS990ScheduleD/OtherExpensesIncludedAmt08868
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED GRANTS - IDP
IRS990ScheduleD/OtherRevenueAmt07789
IRS990ScheduleD/RevenueNotReportedAmt07789
IRS990ScheduleD/RevenueSubtotalAmt0160749
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING REVENUE NET OF COST ON 990 7,789
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING REVENUE NET OF COST ON 990 7,789 BOOK / TAX DEPRECIATION DIFFERENCE 1,079
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017327
IRS990ScheduleD/TotalExpensesPerForm990Amt0120543
IRS990ScheduleD/TotalLiabilityAmt01739
IRS990ScheduleD/TotalRevenuePerForm990Amt0160749
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0168538
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0129411
IRS990/ScheduleJRequiredInd0false
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 7,789 FUNDRAISING REVENUE NET OF COST ON 990 -7,789 BOOK / TAX DEPRECIATION DIFFERENCE -1,079 TOTAL -1,079
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03079658
IRS990/TotalAssetsEOYAmt03088966
IRS990/TotalAssetsGrp/BOYAmt03079658
IRS990/TotalAssetsGrp/EOYAmt03088966
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt019358
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0120543
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0281022
IRS990/TotalLiabilitiesEOYAmt0251203
IRS990/TotalLiabilitiesGrp/BOYAmt0281022
IRS990/TotalLiabilitiesGrp/EOYAmt0251203
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02798636
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02837763
IRS990/TotalOtherProgSrvcExpenseAmt065081
IRS990/TotalProgramServiceExpensesAmt0120543
IRS990/TotalProgramServiceRevenueAmt0109117
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0140530
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0160749
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03079658
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03088966
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02798636
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02837763
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt017214 RT 36
IRS990/USAddress/CityNm0BROOKVILLE
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015825
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ALAN REITZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08148493047
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-07
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/AtSubmissionCreationDeviceId05928ED565AF19CE10E005ED5A6CC841B292356CC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId055CE0465D0F51FF4574D01A15DEF9BA26E20E73B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.79.197.232
ReturnHeader/FilingSecurityInformation/IPDt02019-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:55:49
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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