Civic Intelligence

Chambersburg Area Development Corporation

990 • Fiscal year 2015 • EIN 25-6063943

Jan 01, 2015 to Dec 31, 2015 • Filed on May 25, 2016

Organization ProfileWWW.CHAMBERSBURG.ORG/AFFILIATES/CADC
100 Lincoln Way East Rm/Ste AChambersburg, PA 17201

(717) 264-7101

Siviq Scores

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

Liabilities / Assets

56th percentile

0.33x

Higher debt load relative to assets than 56% of similar nonprofits.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

97th percentile

6.20x

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

2015 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2015

Net Margin

94th percentile

41%

Higher net margin than 94% of similar nonprofits.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

9th percentile

-8.3%

Faster asset growth than 9% of similar nonprofits.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

17th percentile

-7.8%

Faster revenue growth than 17% of similar nonprofits.

2015 filings • 501(c)6 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$18,813,851

Down $1,693,309 (-8.3%) from 2014

Net Assets

Up

$12,566,543

Up $684,137 (+5.8%) from 2014

Liabilities

Down

$6,247,308

Down $2,377,446 (-28%) from 2014

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin94th percentile

Revenue

Down

$1,006,835

Down $84,758 (-7.8%) from 2014

Expenses

Up

$594,681

Up $41,751 (+7.6%) from 2014

Net Income

Down

$412,154

Down $126,509 (-23%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$30M$20M$10M$0Assets 2013: $17,511,320Liabilities 2013: $7,036,011Net Assets 2013: $10,475,3092013Assets 2014: $20,507,160Liabilities 2014: $8,624,754Net Assets 2014: $11,882,4062014Assets 2015: $18,813,851Liabilities 2015: $6,247,308Net Assets 2015: $12,566,5432015Assets 2016: $17,883,359Liabilities 2016: $5,475,564Net Assets 2016: $12,407,7952016Assets 2017: $21,568,625Liabilities 2017: $8,715,995Net Assets 2017: $12,852,6302017Assets 2018: $21,586,272Liabilities 2018: $8,414,788Net Assets 2018: $13,171,4842018Assets 2019: $15,988,272Liabilities 2019: $1,503,579Net Assets 2019: $14,484,6932019Assets 2021: $16,114,179Liabilities 2021: $1,043,229Net Assets 2021: $15,070,9502021Assets 2022: $18,940,526Liabilities 2022: $1,400,120Net Assets 2022: $17,540,4062022Assets 2023: $26,310,426Liabilities 2023: $8,196,022Net Assets 2023: $18,114,4042023Assets 2024: $26,157,313Liabilities 2024: $7,901,072Net Assets 2024: $18,256,2412024

Highlighted filing

2015

Assets$18,813,851
Liabilities$6,247,308
Net Assets$12,566,543
Open 2015 Filing

Operations Trend

Revenue Growth17th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2013: $746,591Expenses 2013: $616,429Net Income 2013: $130,1622013Revenue 2014: $1,091,593Expenses 2014: $552,930Net Income 2014: $538,6632014Revenue 2015: $1,006,835Expenses 2015: $594,681Net Income 2015: $412,1542015Revenue 2016: $717,057Expenses 2016: $473,867Net Income 2016: $243,1902016Revenue 2017: $878,503Expenses 2017: $523,426Net Income 2017: $355,0772017Revenue 2018: $1,026,543Expenses 2018: $569,343Net Income 2018: $457,2002018Revenue 2019: $1,658,203Expenses 2019: $476,313Net Income 2019: $1,181,8902019Revenue 2021: $915,984Expenses 2021: $395,127Net Income 2021: $520,8572021Revenue 2022: $3,203,154Expenses 2022: $428,729Net Income 2022: $2,774,4252022Revenue 2023: $888,054Expenses 2023: $461,814Net Income 2023: $426,2402023Revenue 2024: $542,957Expenses 2024: $463,559Net Income 2024: $79,3982024

Highlighted filing

2015

Revenue$1,006,835
Expenses$594,681
Net Income$412,154
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 25, 2016
Return Version
2015v2.1
Gross Receipts
$2,069,901
Mission and Program Overview

Mission

Facilitate economic development in the chambersburg area

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,216,155$9,834,322▼ $381,833
Other Notes and Loans Receivable, Net$7,888,573$7,222,170▼ $666,403
Savings and Temporary Cash Investments$1,195,423$873,319▼ $322,104
Investments Other Securities$1,044,795$703,413▼ $341,382
Cash and Non-Interest-Bearing Accounts$75,000$84,340▲ $9,340
Prepaid Expenses and Deferred Charges$68,540$66,955▼ $1,585
Accounts Receivable$14,523$24,334▲ $9,811
Total Assets$20,507,160$18,813,851▼ $1,693,309
Other Assets Total$4,151$4,998▲ $847
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,656,182$5,972,583▼ $683,599
Other Liabilities$1,933,023$234,221▼ $1,698,802
Accounts Payable and Accrued Expenses$35,549$40,504▲ $4,955
Total Liabilities$8,624,754$6,247,308▼ $2,377,446
Net Assets / Fund Balance
Unrestricted Net Assets$11,882,406$12,566,543▲ $684,137
Total Net Assets Fund Balance$11,882,406$12,566,543▲ $684,137
Total Liabilities and Net Assets / Fund Balance$20,507,160$18,813,851▼ $1,693,309

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,631,190$5,680,030$14,311,220
Land$1,191,375-$771,708
Other Land Buildings$11,757$17,843$29,600
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Edwin MartinPresident
Chuck SiobergDirector
Dwayne JohnsonDirector
Fred StengerDirector
Jim HillDirector
Jimmy WadeDirector
Joe ZmitrovichDirector
John MassimillaDirector
Kelly AdamsDirector
Lane ThrushDirector
Michael JacksonDirector
Michael KalathasDirector
Mike HurtDirector
William E Snell JrDirector
William Everly JrDirector
Jacob KaufmanAsst Tres
Eric ForemanChamber Chai
Jack SharpeSecretary
Charles FrameTreasurer
Lance KegerreisVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$26,347
Investment Income
$381,330
Other Revenue
$599,158
Change in Net Assets
$412,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,006,835
Total Revenue per Audited Statements
$1,006,835
Total Revenue per Form 990
$1,006,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$594,681
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$12,800-$12,800
Other Expenses$3,451$384-$3,835
Insurance-$3,402-$3,402
Fees for Services Legal$1,712$302-$2,014
All Other Expenses-$950-$950
Fees for Services Other$578--$578
Total Functional Expenses$483,867$110,814$0$594,681

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$866,664
Expenses per Audited Statements$594,681
Total Expenses per Form 990$594,681
Expenses Not Reported on Form 990$271,983
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jim HillDirectorRepairsNo$2,916
Jack SharpeSecretaryLegal ServicesNo$2,384
Michael KalathasDirectorAnnual MeetingNo$1,985
Lance KegerreisVice PresidentEngineering ServicesNo$378
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$187,250
Land Sale Option$23,630
Security Deposits$23,341
Line of Credit-
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
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, policies - policies for whistleblower (13) and written document line 19 -the financial statements are available to the public upon request”

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

“The form 990 is presented before the governing body at the monthly meeting.”

Form 990, Page 6, Part VI, Line 12C

“The organization requires that all directors disclose any conflicts of interest and abstain from voting on any matters to which there may be a conflict of interest.”

Form 990, Page 6, Part VI, Line 15A

“A committee of the board of directors sets the executive directores compensation. No board members are compensated.”

Form 990, Page 6, Part VI, Line 19

“Documents requireing public inspection are available upon request at main office if they exist”

Filing and Contact Details

Filer

Filer Name
Chambersburg Area Development
EIN
25-6063943
Phone
7172647101
Address
100 LINCOLN WAY EAST RM/STE A, CHAMBERSBURG, PA 17201

Signing Officer

Name
Edwin Martin
Title
President
Phone
7172647101
Signed
2016-05-25

Organization Details

Principal Officer
Edwin Martin
Formed
1960
Legal Domicile
Pa
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
20

Preparer

Firm
Schultheiss & Associates
Address
720 NORLAND AVENUE, CHAMBERSBURG, PA 17201
Preparer
Michael L Hargleroad
Phone
7172672100
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Change in allowance account 271,983 total 271,983”

Financial Statement Notes

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

“Change in allowance account 271,983 book / tax depreciation difference 71,124”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRES
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IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAMBER CHAI
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IRS990/GrossReceiptsAmt02069901
IRS990/GrossRentsGrp/RealAmt01465359
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03402
IRS990/InsuranceGrp/TotalAmt03402
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0381330
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0381330
IRS990/InvestmentInJointVentureInd0true
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01044795
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0703413
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05697873
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010216155
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09834322
IRS990/LandBldgEquipCostOrOtherBssAmt015532195
IRS990/LegalDomicileStateCd0PA
IRS990/LessRentalExpensesGrp/RealAmt01134191
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FACILITATE ECONOMIC DEVELOPMENT IN THE CHAMBERSBURG AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06656182
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05972583
IRS990/NetAssetsOrFundBalancesBOYAmt011882406
IRS990/NetAssetsOrFundBalancesEOYAmt012566543
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0331168
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0331168
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04151
IRS990/OtherAssetsTotalGrp/EOYAmt04998
IRS990/OtherChangesInNetAssetsAmt0271983
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc2CONTRIBUTIONS
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt092976
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1384
IRS990/OtherExpensesGrp/ProgramServicesAmt0366026
IRS990/OtherExpensesGrp/ProgramServicesAmt192975
IRS990/OtherExpensesGrp/ProgramServicesAmt219125
IRS990/OtherExpensesGrp/ProgramServicesAmt33451
IRS990/OtherExpensesGrp/TotalAmt0366026
IRS990/OtherExpensesGrp/TotalAmt1185951
IRS990/OtherExpensesGrp/TotalAmt219125
IRS990/OtherExpensesGrp/TotalAmt33835
IRS990/OtherLiabilitiesGrp/BOYAmt01933023
IRS990/OtherLiabilitiesGrp/EOYAmt0234221
IRS990/OtherRevenueMiscGrp/Desc0COMMON AREA MAINTENANCE FEES
IRS990/OtherRevenueMiscGrp/Desc1UTILITY REIMBURSEMENT
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0167711
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt197838
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt22441
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0167711
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt197838
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt22441
IRS990/OtherRevenueTotalAmt0267990
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07888573
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt07222170
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt068540
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt066955
IRS990/PrincipalOfficerNm0EDWIN MARTIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INDUSTRIAL DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026347
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026347
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0355064
IRS990/PYOtherExpensesAmt0552930
IRS990/PYOtherRevenueAmt0713600
IRS990/PYProgramServiceRevenueAmt022929
IRS990/PYRevenuesLessExpensesAmt0538663
IRS990/PYTotalExpensesAmt0552930
IRS990/PYTotalRevenueAmt01091593
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0412154
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RentalIncomeOrLossGrp/RealAmt0331168
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01195423
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0873319
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt08631190
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05680030
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014311220
IRS990ScheduleD/ExpensesNotReportedAmt0271983
IRS990ScheduleD/ExpensesSubtotalAmt0594681
IRS990ScheduleD/LandGrp/BookValueAmt01191375
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0419667
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0771708
IRS990ScheduleD/OtherExpensesIncludedAmt0271983
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt011757
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017843
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0187250
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt123630
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt223341
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LAND SALE OPTION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3LINE OF CREDIT
IRS990ScheduleD/RevenueSubtotalAmt01006835
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CHANGE IN ALLOWANCE ACCOUNT 271,983 BOOK / TAX DEPRECIATION DIFFERENCE 71,124
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09834322
IRS990ScheduleD/TotalExpensesPerForm990Amt0594681
IRS990ScheduleD/TotalLiabilityAmt0234221
IRS990ScheduleD/TotalRevenuePerForm990Amt01006835
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01006835
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0866664
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MICHAEL KALATHAS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1JIM HILL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2JACK SHARPE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3LANCE KEGERREIS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2SECRETARY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3VICE PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01985
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt12916
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt22384
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt3378
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ANNUAL MEETING
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1REPAIRS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2LEGAL SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3ENGINEERING SERVICES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SECTION B, POLICIES - POLICIES FOR WHISTLEBLOWER (13) AND WRITTEN DOCUMENT LINE 19 -THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS PRESENTED BEFORE THE GOVERNING BODY AT THE MONTHLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES THAT ALL DIRECTORS DISCLOSE ANY CONFLICTS OF INTEREST AND ABSTAIN FROM VOTING ON ANY MATTERS TO WHICH THERE MAY BE A CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COMMITTEE OF THE BOARD OF DIRECTORS SETS THE EXECUTIVE DIRECTORES COMPENSATION. NO BOARD MEMBERS ARE COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS REQUIREING PUBLIC INSPECTION ARE AVAILABLE UPON REQUEST AT MAIN OFFICE IF THEY EXIST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN ALLOWANCE ACCOUNT 271,983 TOTAL 271,983
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990ScheduleR/AssetExchangeInd0false

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,813,851
Liabilities
$6,247,308
Net assets
$12,566,543
Revenue
$1,006,835
Expenses
$594,681
Net income
$412,154
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.2$7.90$18.3$0.54$0.46$0.08
2023Detailed filing. Detailed filing data is available for this year.$26.3$8.20$18.1$0.89$0.46$0.43
2022Detailed filing. Detailed filing data is available for this year.$18.9$1.40$17.5$3.20$0.43$2.77
2021Detailed filing. Detailed filing data is available for this year.$16.1$1.04$15.1$0.92$0.40$0.52
2019Detailed filing. Detailed filing data is available for this year.$16.0$1.50$14.5$1.66$0.48$1.18
2018Detailed filing. Detailed filing data is available for this year.$21.6$8.41$13.2$1.03$0.57$0.46
2017Detailed filing. Detailed filing data is available for this year.$21.6$8.72$12.9$0.88$0.52$0.36
2016Detailed filing. Detailed filing data is available for this year.$17.9$5.48$12.4$0.72$0.47$0.24
2015Detailed filing. Detailed filing data is available for this year.$18.8$6.25$12.6$1.01$0.59$0.41
2014Detailed filing. Detailed filing data is available for this year.$20.5$8.62$11.9$1.09$0.55$0.54
2013Detailed filing. Detailed filing data is available for this year.$17.5$7.04$10.5$0.75$0.62$0.13