Civic Intelligence

Armstrong County Industrial Development Council

990 • Fiscal year 2016 • EIN 25-1452351

Jul 01, 2015 to Jun 30, 2016 • Filed on May 12, 2017

Organization ProfileWWW.ARMSTRONGIDC.ORG
187 Northpointe BoulevardFreeport, PA 16229

(724) 548-1500

Siviq Scores

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

Liabilities / Assets

61st percentile

0.29x

Higher debt load relative to assets than 61% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.90x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

94th percentile

57%

Faster asset growth than 94% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

63%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$7,814,410

Up $2,838,082 (+57%) from 2015

Net Assets

Up

$5,524,668

Up $3,107,645 (+129%) from 2015

Liabilities

Down

$2,289,742

Down $269,563 (-11%) from 2015

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin97th percentile

Revenue

Up

$2,550,775

Up $988,644 (+63%) from 2015

Expenses

Down

$388,454

Down $2,272,303 (-85%) from 2015

Net Income

Up

$2,162,321

Up $3,260,947 (+297%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$10M$5.0M$0Assets 2012: $5,019,099Liabilities 2012: $497,082Net Assets 2012: $4,522,0172012Assets 2013: $4,609,955Liabilities 2013: $117,620Net Assets 2013: $4,492,3352013Assets 2014: $3,741,993Liabilities 2014: $226,344Net Assets 2014: $3,515,6492014Assets 2015: $4,976,328Liabilities 2015: $2,559,305Net Assets 2015: $2,417,0232015Assets 2016: $7,814,410Liabilities 2016: $2,289,742Net Assets 2016: $5,524,6682016Assets 2017: $7,795,017Liabilities 2017: $2,302,779Net Assets 2017: $5,492,2382017Assets 2018: $9,298,829Liabilities 2018: $3,774,555Net Assets 2018: $5,524,2742018Assets 2019: $8,172,701Liabilities 2019: $2,769,391Net Assets 2019: $5,403,3102019Assets 2020: $8,137,886Liabilities 2020: $2,699,318Net Assets 2020: $5,438,5682020Assets 2021: $7,451,819Liabilities 2021: $2,510,600Net Assets 2021: $4,941,2192021Assets 2022: $7,174,983Liabilities 2022: $2,174,496Net Assets 2022: $5,000,4872022Assets 2023: $3,953,416Liabilities 2023: $771,173Net Assets 2023: $3,182,2432023Assets 2024: $5,198,031Liabilities 2024: $724,886Net Assets 2024: $4,473,1452024Assets 2025: $4,736,598Liabilities 2025: $714,389Net Assets 2025: $4,022,2092025

Highlighted filing

2016

Assets$7,814,410
Liabilities$2,289,742
Net Assets$5,524,668
Open 2016 Filing

Operations Trend

Revenue Growth92nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2012: $337,3392012Expenses 2013: $392,7802013Revenue 2014: $946,934Expenses 2014: $1,923,620Net Income 2014: -$976,6862014Revenue 2015: $1,562,131Expenses 2015: $2,660,757Net Income 2015: -$1,098,6262015Revenue 2016: $2,550,775Expenses 2016: $388,454Net Income 2016: $2,162,3212016Revenue 2017: $328,700Expenses 2017: $361,130Net Income 2017: -$32,4302017Revenue 2018: $2,156,220Expenses 2018: $2,124,184Net Income 2018: $32,0362018Revenue 2019: $561,240Expenses 2019: $682,204Net Income 2019: -$120,9642019Revenue 2020: $685,377Expenses 2020: $650,119Net Income 2020: $35,2582020Revenue 2021: $384,736Expenses 2021: $882,085Net Income 2021: -$497,3492021Revenue 2022: $734,767Expenses 2022: $727,609Net Income 2022: $7,1582022Revenue 2023: $2,336,199Expenses 2023: $436,152Net Income 2023: $1,900,0472023Revenue 2024: $1,898,709Expenses 2024: $607,806Net Income 2024: $1,290,9032024Revenue 2025: $686,335Expenses 2025: $1,127,835Net Income 2025: -$441,5002025

Highlighted filing

2016

Revenue$2,550,775
Expenses$388,454
Net Income$2,162,321
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$2,609,447
Mission and Program Overview

Mission

To promote economic development and assist emerging or expanding businesses within armstrong county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$2,091,514$3,205,929▲ $1,114,415
Rtn Earn Endowment Incm Other Fnds$325,509$2,318,739▲ $1,993,230
Savings and Temporary Cash Investments$395,339$2,109,508▲ $1,714,169
Cash and Non-Interest-Bearing Accounts$102,039$195,762▲ $93,723
Land, Buildings, and Equipment, Net$4,398,558$100,474▼ $4,298,084
Accounts Receivable$32,250$64,971▲ $32,721
Other Notes and Loans Receivable, Net$44,748$60,703▲ $15,955
Prepaid Expenses and Deferred Charges$3,394$4,537▲ $1,143
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$4,976,328$7,814,410▲ $2,838,082
Other Assets Total$0$5,278,455▲ $5,278,455
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,173,000$2,173,000→ $0
Accounts Payable and Accrued Expenses$366,914$108,684▼ $258,230
Other Liabilities$19,391$8,058▼ $11,333
Total Liabilities$2,559,305$2,289,742▼ $269,563
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,417,023$5,524,668▲ $3,107,645
Total Liabilities and Net Assets / Fund Balance$4,976,328$7,814,410▲ $2,838,082

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$59,577$17,550$77,127
Equipment$40,897$30,150$71,047
Other Assets Org$5,278,455--
Compensation and Service Providers
Top Officer Pay19th percentile

Board Members and Trustees

NameTitle
Dennis SmailChairman
Royce YoungVice-chairman
Carl WaugamanBoard Member
Gerald ShusterBoard Member
Mike BakerBoard Member
William KiserBoard Member
Colleen MantiniAssist. Sec/treasurer
Paul BradiganSecretary
Clem RosanbergerTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
M And B Services-187 NORTHPOINTE BOULEVARD, Freeport, PA 16229$724,656
Senate Engineering Company-UPARC 420 WILLIAM PITT WAY, Pittsburgh, PA 15238$360,275
Revenue and Support

Revenue Composition

Contributions and Grants
$2,373,493
Program Service Revenue
$0
Investment Income
$5,971
Other Revenue
$171,311
Change in Net Assets
$2,162,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,550,775
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$58,672
Total Revenue per Audited Statements
$2,609,447
Total Revenue per Form 990
$2,550,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$257,366
Salaries, Compensation, and Employee Benefits$131,088
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$117,979$13,109-$131,088
Advertising$31,425--$31,425
Fees for Services Legal-$22,955-$22,955
Fees for Services Accounting-$11,000-$11,000
Other Expenses$7,905$24,985-$7,905
All Other Expenses$6,835$760-$7,595
Insurance$6,531$726-$7,257
Depreciation Depletion$3,749--$3,749
Travel$2,292$255-$2,547
Office Expenses$1,401$156-$1,557
Conferences and Meetings$995$110-$1,105
Total Functional Expenses$314,398$74,056$0$388,454

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$447,126
Expenses per Audited Statements$388,454
Total Expenses per Form 990$388,454
Expenses Not Reported on Form 990$58,672
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits and Advances$8,058
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Part VI, Section B, Line 11

“A draft version of the form 990 was provided to the organization for review prior to the filing of the return.”

Form 990, Part VI, Section B, Line 12C

“The organization requires all officers and directors to review and agree to the conflict of interest policy on an annual basis.”

Form 990, Part VI, Section C, Line 19

“The organization keeps its governing documents, conflict of interst policy, and financial statements at its offices and makes them available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Armstrong County Industrial
EIN
25-1452351
Phone
7245481500
Address
187 NORTHPOINTE BOULEVARD, FREEPORT, PA 16229

Signing Officer

Name
Michael Coonley
Title
Executive Director
Phone
7245481500
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Coonley
Formed
1968
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
MAHER DUESSEL CPA'S
Address
503 MARTINDALE STREET SUITE 600, PITTSBURGH, PA 15212
Preparer
Timothy J Morgus
Phone
4124715500
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Restatement of fixed assets and land held for sale 945,324.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Rent expenses are presented gross of rent revenue on the audited financials 58,672.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Rent expenses are presented gross of rent revenue on the audited financials 58,672.”

Raw XML AppendixShowing 400 of 473 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0366914
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0108684
IRS990/AccountsReceivableGrp/BOYAmt032250
IRS990/AccountsReceivableGrp/EOYAmt064971
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE ECONOMIC DEVELOPMENT AND ASSIST EMERGING OR EXPANDING BUSINESSES WITHIN ARMSTRONG COUNTY.
IRS990/AdvertisingGrp/ProgramServicesAmt031425
IRS990/AdvertisingGrp/TotalAmt031425
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0760
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06835
IRS990/AllOtherExpensesGrp/TotalAmt07595
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL COONLEY
IRS990/BooksInCareOfDetail/PhoneNum07245481500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0187 NORTHPOINTE BOULEVARD
IRS990/BooksInCareOfDetail/USAddress/CityNm0FREEPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd016229
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt02091514
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt03205929
IRS990/CashNonInterestBearingGrp/BOYAmt0102039
IRS990/CashNonInterestBearingGrp/EOYAmt0195762
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0110
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0995
IRS990/ConferencesMeetingsGrp/TotalAmt01105
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0724656
IRS990/ContractorCompensationGrp/CompensationAmt1360275
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0187 NORTHPOINTE BOULEVARD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1UPARC 420 WILLIAM PITT WAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0FREEPORT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1PITTSBURGH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd016229
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd115238
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0M AND B SERVICES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1SENATE ENGINEERING COMPANY
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02373493
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt05971
IRS990/CYOtherExpensesAmt0257366
IRS990/CYOtherRevenueAmt0171311
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02162321
IRS990/CYSalariesCompEmpBnftPaidAmt0131088
IRS990/CYTotalExpensesAmt0388454
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02550775
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt03749
IRS990/DepreciationDepletionGrp/TotalAmt03749
IRS990/Desc0MARKETING PROGRAM FOR THE COUNTY OF ARMSTRONG TO PROMOTE THE COUNTY THROUGH ADVERTISING CAMPAIGNS, COMMUNITY RECOGNITION, DEVELOPMENT OF THEME, AND IDENTITY, ETC.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0314398
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011000
IRS990/FeesForServicesAccountingGrp/TotalAmt011000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt022955
IRS990/FeesForServicesLegalGrp/TotalAmt022955
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM KISER
IRS990/Form990PartVIISectionAGrp/PersonNm2GERALD SHUSTER
IRS990/Form990PartVIISectionAGrp/PersonNm3CARL WAUGAMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4DENNIS SMAIL
IRS990/Form990PartVIISectionAGrp/PersonNm5ROYCE YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL BRADIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm7COLLEEN MANTINI
IRS990/Form990PartVIISectionAGrp/PersonNm8CLEM ROSANBERGER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSIST. SEC/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01968
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt02373493
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02609447
IRS990/GrossRentsGrp/RealAmt0206708
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0726
IRS990/InsuranceGrp/ProgramServicesAmt06531
IRS990/InsuranceGrp/TotalAmt07257
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt05971
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05971
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt047700
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04398558
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0100474
IRS990/LandBldgEquipCostOrOtherBssAmt0148174
IRS990/LegalDomicileStateCd0PA
IRS990/LessRentalExpensesGrp/RealAmt058672
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE ECONOMIC DEVELOPMENT AND ASSIST EMERGING OR EXPANDING BUSINESSES WITHIN ARMSTRONG COUNTY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02173000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02173000
IRS990/NetAssetsOrFundBalancesBOYAmt02417023
IRS990/NetAssetsOrFundBalancesEOYAmt05524668
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0148036
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0148036
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0156
IRS990/OfficeExpensesGrp/ProgramServicesAmt01401
IRS990/OfficeExpensesGrp/TotalAmt01557
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt05278455
IRS990/OtherChangesInNetAssetsAmt0945324
IRS990/OtherExpensesGrp/Desc0COST IN EXCESS OF REALI
IRS990/OtherExpensesGrp/Desc1KITTANNING REVITALIZATI
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024985
IRS990/OtherExpensesGrp/ProgramServicesAmt0105444
IRS990/OtherExpensesGrp/ProgramServicesAmt129842
IRS990/OtherExpensesGrp/ProgramServicesAmt27905
IRS990/OtherExpensesGrp/TotalAmt0105444
IRS990/OtherExpensesGrp/TotalAmt129842
IRS990/OtherExpensesGrp/TotalAmt224985
IRS990/OtherExpensesGrp/TotalAmt37905
IRS990/OtherLiabilitiesGrp/BOYAmt019391
IRS990/OtherLiabilitiesGrp/EOYAmt08058
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt023275
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt023275
IRS990/OtherRevenueTotalAmt023275
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013109
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0117979
IRS990/OtherSalariesAndWagesGrp/TotalAmt0131088
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt044748
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt060703
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03394
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04537
IRS990/PrincipalOfficerNm0MICHAEL COONLEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt014868
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0124969
IRS990/PYOtherExpensesAmt02516029
IRS990/PYOtherRevenueAmt01422294
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1098626
IRS990/PYSalariesCompEmpBnftPaidAmt0144728
IRS990/PYTotalExpensesAmt02660757
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01562131
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02162321
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0148036
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0177282
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0325509
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02318739
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0395339
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02109508
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02373493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01209651
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0455237
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt050572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04113985
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0212679
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0434172
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0427844
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0392259
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0359440
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01826394
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt023275
IRS990ScheduleA/OtherIncome170Grp/TotalAmt023275
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68980
IRS990ScheduleA/PublicSupportPY170Pct00.51240
IRS990ScheduleA/PublicSupportTotal170Amt04113985
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02373493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01209651
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0455237
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt050572
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt025032
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04113985
IRS990ScheduleA/TotalSupportAmt05963654
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt059577
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017550
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt077127
IRS990ScheduleD/EquipmentGrp/BookValueAmt040897
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030150
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071047
IRS990ScheduleD/ExpensesNotReportedAmt058672
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0388454
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05278455
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND HELD FOR SALE
IRS990ScheduleD/OtherExpensesIncludedAmt058672
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS AND ADVANCES
IRS990ScheduleD/OtherRevenueAmt058672
IRS990ScheduleD/RevenueNotReportedAmt058672
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02550775
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RENT EXPENSES ARE PRESENTED GROSS OF RENT REVENUE ON THE AUDITED FINANCIALS 58,672.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENT EXPENSES ARE PRESENTED GROSS OF RENT REVENUE ON THE AUDITED FINANCIALS 58,672.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0100474
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05278455
IRS990ScheduleD/TotalExpensesPerForm990Amt0388454
IRS990ScheduleD/TotalLiabilityAmt08058
IRS990ScheduleD/TotalRevenuePerForm990Amt02550775
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02609447
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0447126
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT VERSION OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION FOR REVIEW PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES ALL OFFICERS AND DIRECTORS TO REVIEW AND AGREE TO THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION KEEPS ITS GOVERNING DOCUMENTS, CONFLICT OF INTERST POLICY, AND FINANCIAL STATEMENTS AT ITS OFFICES AND MAKES THEM AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3RESTATEMENT OF FIXED ASSETS AND LAND HELD FOR SALE 945,324.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ARMSTRONG COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0251192336
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTE ECONOMIC DEVELOPMNET WITH IN THE COUNTY OF ARMSTRONG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0187 NORTHPOINTE BOULEVARD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FREEPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd016229
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01462500
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt19480
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ARMSTRONG COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1ARMSTRONG COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,814,410
Liabilities
$2,289,742
Net assets
$5,524,668
Revenue
$2,550,775
Expenses
$388,454
Net income
$2,162,321
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.74$0.71$4.02$0.69$1.13$0.44
2024Detailed filing. Detailed filing data is available for this year.$5.20$0.72$4.47$1.90$0.61$1.29
2023Detailed filing. Detailed filing data is available for this year.$3.95$0.77$3.18$2.34$0.44$1.90
2022Detailed filing. Detailed filing data is available for this year.$7.17$2.17$5.00$0.73$0.73$0.01
2021Detailed filing. Detailed filing data is available for this year.$7.45$2.51$4.94$0.38$0.88$0.50
2020Detailed filing. Detailed filing data is available for this year.$8.14$2.70$5.44$0.69$0.65$0.04
2019Detailed filing. Detailed filing data is available for this year.$8.17$2.77$5.40$0.56$0.68$0.12
2018Detailed filing. Detailed filing data is available for this year.$9.30$3.77$5.52$2.16$2.12$0.03
2017Detailed filing. Detailed filing data is available for this year.$7.80$2.30$5.49$0.33$0.36$0.03
2016Detailed filing. Detailed filing data is available for this year.$7.81$2.29$5.52$2.55$0.39$2.16
2015Detailed filing. Detailed filing data is available for this year.$4.98$2.56$2.42$1.56$2.66$1.10
2014Detailed filing. Detailed filing data is available for this year.$3.74$0.23$3.52$0.95$1.92$0.98
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.61$0.12$4.49$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.02$0.50$4.52$0.34