Civic Intelligence

Bedford County Development Association

990 • Fiscal year 2018 • EIN 25-1779048

Jan 01, 2018 to Dec 31, 2018 • Filed on Jun 05, 2019

1 Corporate DrBedford, PA 15522-7983

(814) 623-4816

Siviq Scores

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

Liabilities / Assets

54th percentile

0.25x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

12.15x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

5th percentile

-50%

Higher net margin than 5% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

37th percentile

-1.0%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

12%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Down

$11,806,782

Down $118,364 (-1.0%) from 2017

Net Assets

Down

$8,878,891

Down $121,536 (-1.4%) from 2017

Liabilities

Up

$2,927,891

Up $3,172 (+0.1%) from 2017

Revenue

Up

$240,881

Up $26,069 (+12%) from 2017

Expenses

Up

$362,417

Up $68,327 (+23%) from 2017

Net Income

Down

-$121,536

Down $42,258 (-53%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $8,954,763Liabilities 2010: $310,260Net Assets 2010: $8,644,5032010Assets 2011: $8,909,131Liabilities 2011: $305,667Net Assets 2011: $8,603,4642011Assets 2012: $9,959,499Liabilities 2012: $359,583Net Assets 2012: $9,599,9162012Assets 2013: $9,712,509Liabilities 2013: $286,443Net Assets 2013: $9,426,0662013Assets 2014: $11,250,751Liabilities 2014: $1,951,853Net Assets 2014: $9,298,8982014Assets 2015: $12,221,106Liabilities 2015: $3,035,484Net Assets 2015: $9,185,6222015Assets 2016: $12,063,241Liabilities 2016: $2,983,534Net Assets 2016: $9,079,7072016Assets 2017: $11,925,146Liabilities 2017: $2,924,719Net Assets 2017: $9,000,4272017Assets 2018: $11,806,782Liabilities 2018: $2,927,891Net Assets 2018: $8,878,8912018Assets 2019: $12,091,240Liabilities 2019: $3,234,021Net Assets 2019: $8,857,2192019Assets 2020: $11,858,262Liabilities 2020: $3,183,294Net Assets 2020: $8,674,9682020Assets 2021: $12,092,964Liabilities 2021: $3,306,997Net Assets 2021: $8,785,9672021Assets 2022: $8,186,227Liabilities 2022: $650,638Net Assets 2022: $7,535,5892022Assets 2023: $11,418,597Liabilities 2023: $1,066,016Net Assets 2023: $10,352,5812023Assets 2024: $16,238,950Liabilities 2024: $4,588,300Net Assets 2024: $11,650,6502024

Highlighted filing

2018

Assets$11,806,782
Liabilities$2,927,891
Net Assets$8,878,891

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $258,0552010Expenses 2011: $368,5302011Expenses 2012: $348,8572012Revenue 2013: $95,201Expenses 2013: $269,051Net Income 2013: -$173,8502013Revenue 2014: $159,233Expenses 2014: $286,403Net Income 2014: -$127,1702014Revenue 2015: $157,520Expenses 2015: $270,795Net Income 2015: -$113,2752015Revenue 2016: $180,384Expenses 2016: $286,375Net Income 2016: -$105,9912016Revenue 2017: $214,812Expenses 2017: $294,090Net Income 2017: -$79,2782017Revenue 2018: $240,881Expenses 2018: $362,417Net Income 2018: -$121,5362018Revenue 2019: $470,721Expenses 2019: $422,536Net Income 2019: $48,1852019Revenue 2020: $266,142Expenses 2020: $448,394Net Income 2020: -$182,2522020Revenue 2021: $559,420Expenses 2021: $448,421Net Income 2021: $110,9992021Revenue 2022: -$773,212Expenses 2022: $477,167Net Income 2022: -$1,250,3792022Revenue 2023: $4,167,470Expenses 2023: $635,738Net Income 2023: $3,531,7322023Revenue 2024: $2,410,604Expenses 2024: $1,112,535Net Income 2024: $1,298,0692024

Highlighted filing

2018

Revenue$240,881
Expenses$362,417
Net Income-$121,536
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 5, 2019
Return Version
2018v3.1
Gross Receipts
$643,647
Mission and Program Overview

Mission

Promote and attract businesses to and for Bedford County Pennsylvania

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,642,917$11,523,831▼ $119,086
Cash and Non-Interest-Bearing Accounts$222,229$192,951▼ $29,278
Pledges and Grants Receivable$60,000$90,000▲ $30,000
Total Assets$11,925,146$11,806,782▼ $118,364
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,891,133$2,893,704▲ $2,571
Accounts Payable and Accrued Expenses$33,586$34,187▲ $601
Total Liabilities$2,924,719$2,927,891▲ $3,172
Net Assets / Fund Balance
Unrestricted Net Assets$9,000,427$8,878,891▼ $121,536
Total Net Assets Fund Balance$9,000,427$8,878,891▼ $121,536
Total Liabilities and Net Assets / Fund Balance$11,925,146$11,806,782▼ $118,364

Asset Categories

AssetBook ValueDepreciationBasis
Land$8,684,289-$8,684,289
Buildings$2,839,542$1,363,828$4,203,370
Equipment$0$180,126$180,126
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark BollmanChair
JP H TambourineImmediate Past Chair
Brandi HersheyVice Chair
Bob McGowanBoard
CA DetwilerBoard
Doug GerberBoard
Greg LangBoard
Lester MeckBoard
Linda BullingtonBoard
Marsha O'RearBoard
Robbie WeaverBoard
Sara LetzoBoard
Sherry CainBoard
Travis CollinsBoard
Brian PachtmanAssistant Secretary
Jim GonsmanAssistant Treasurer
James WistarSecretary
Bill LiedholmTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$204,082
Program Service Revenue
$55,432
Investment Income
$-63,762
Other Revenue
$45,129
Change in Net Assets
$-121,536

Audited Revenue Reconciliation

Revenue per Audited Statements
$240,881
Total Revenue per Audited Statements
$240,881
Total Revenue per Form 990
$240,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$247,146
Other Expenses$115,271
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$92,449$16,314$0$108,763
Other Salaries and Wages$62,507$11,031$0$73,538
Other Employee Benefits$33,902$5,983$0$39,885
Depreciation Depletion$19,389$3,421$0$22,810
All Other Expenses$20,678$1,354$0$22,032
Advertising$15,316$0$0$15,316
Payroll Taxes$12,591$2,222$0$14,813
Pension Plan Contributions$8,625$1,522$0$10,147
Office Expenses$6,279$1,108$0$7,387
Occupancy$4,357$769$0$5,126
Fees for Services Accounting$3,882$685$0$4,567
Other Expenses$3,827$675$0$4,502
Travel$3,545$626$0$4,171
Conferences and Meetings$0$3,965$0$3,965
Information Technology$3,369$594$0$3,963
Insurance$0$3,462$0$3,462
Fees for Services Legal$2,567$453$0$3,020
Total Functional Expenses$307,533$54,884$0$362,417

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$362,417
Total Expenses per Audited Statements$362,417
Total Expenses per Form 990$362,417
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Filing and Contact Details

Filer

Filer Name
Bedford County Development Association
EIN
25-1779048
Phone
8146234816
Address
1 Corporate Dr, Bedford, PA 15522-7983

Signing Officer

Name
Bette Slayton
Title
President
Phone
8146234816
Signed
2019-06-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bette Slayton
Formed
1990
Legal Domicile
Pa
Voting Board Members
18
Independent Board Members
18
Employees
3
Volunteers
18

Preparer

Firm
Ritchey Ritchey & Koontz
Address
336 E Pitt Street, Bedford, PA 15522
Preparer
Randall H Ritchey
Phone
8146239510
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Presented at an open board meeting.

Form 990, Part IX, Line 24E

Wet lands monitoring 13008. 13008. 0. 0.

Form 990, Part IX, Line 24E

Minor equipment 6904. 5868. 1036. 0.

Form 990, Part IX, Line 24E

Writer photographer 2120. 1802. 318. 0.

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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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IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03462
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt03462
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0550
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01543954
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011642917
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011523831
IRS990/LandBldgEquipCostOrOtherBssAmt013067785
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0204036
IRS990/LessRentalExpensesGrp/RealAmt0198730
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Promote and attract businesses to and for Bedford County Pennsylvania
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02891133
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02893704
IRS990/NetAssetsOrFundBalancesBOYAmt09000427
IRS990/NetAssetsOrFundBalancesEOYAmt08878891
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-64312
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-64312
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt045129
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt045129
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0769
IRS990/OccupancyGrp/ProgramServicesAmt04357
IRS990/OccupancyGrp/TotalAmt05126
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01108
IRS990/OfficeExpensesGrp/ProgramServicesAmt06279
IRS990/OfficeExpensesGrp/TotalAmt07387
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05983
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt033902
IRS990/OtherEmployeeBenefitsGrp/TotalAmt039885
IRS990/OtherExpensesGrp/Desc0NEEDS ASSESSMENT
IRS990/OtherExpensesGrp/Desc1DUES
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1700
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2675
IRS990/OtherExpensesGrp/ProgramServicesAmt014250
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt23827
IRS990/OtherExpensesGrp/TotalAmt014250
IRS990/OtherExpensesGrp/TotalAmt1700
IRS990/OtherExpensesGrp/TotalAmt24502
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011031
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt062507
IRS990/OtherSalariesAndWagesGrp/TotalAmt073538
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02222
IRS990/PayrollTaxesGrp/ProgramServicesAmt012591
IRS990/PayrollTaxesGrp/TotalAmt014813
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01522
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08625
IRS990/PensionPlanContributionsGrp/TotalAmt010147
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt060000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt090000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BETTE SLAYTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0136840
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0303
IRS990/PYOtherExpensesAmt072484
IRS990/PYOtherRevenueAmt027692
IRS990/PYProgramServiceRevenueAmt049977
IRS990/PYRevenuesLessExpensesAmt0-79278
IRS990/PYSalariesCompEmpBnftPaidAmt0221606
IRS990/PYTotalExpensesAmt0294090
IRS990/PYTotalRevenueAmt0214812
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-121536
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt045129
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0240881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0204082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0136840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0134840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0134840
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0133568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0744170
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0243399
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0240651
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0198605
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0156542
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0839197
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.47000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.39980
IRS990ScheduleA/PublicSupportTotal170Amt0744170
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0204082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0136840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0134840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0134840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0133568
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0744170
IRS990ScheduleA/TotalSupportAmt01583367
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02839542
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01363828
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04203370
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0180126
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0180126

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.2$4.59$11.7$2.41$1.11$1.30
2023Detailed filing. Detailed filing data is available for this year.$11.4$1.07$10.4$4.17$0.64$3.53
2022Detailed filing. Detailed filing data is available for this year.$8.19$0.65$7.54$0.77$0.48$1.25
2021Detailed filing. Detailed filing data is available for this year.$12.1$3.31$8.79$0.56$0.45$0.11
2020Detailed filing. Detailed filing data is available for this year.$11.9$3.18$8.67$0.27$0.45$0.18
2019Detailed filing. Detailed filing data is available for this year.$12.1$3.23$8.86$0.47$0.42$0.05
2018Detailed filing. Detailed filing data is available for this year.$11.8$2.93$8.88$0.24$0.36$0.12
2017Detailed filing. Detailed filing data is available for this year.$11.9$2.92$9.00$0.21$0.29$0.08
2016Detailed filing. Detailed filing data is available for this year.$12.1$2.98$9.08$0.18$0.29$0.11
2015Detailed filing. Detailed filing data is available for this year.$12.2$3.04$9.19$0.16$0.27$0.11
2014Detailed filing. Detailed filing data is available for this year.$11.3$1.95$9.30$0.16$0.29$0.13
2013Detailed filing. Detailed filing data is available for this year.$9.71$0.29$9.43$0.10$0.27$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.96$0.36$9.60$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.91$0.31$8.60$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.95$0.31$8.64$0.26