Civic Intelligence

Sandwich Economic Development Corporation

EIN 26-0169895 • 501(c)6 • Sandwich, IL

Profile

To attract business in the sandwich area

144 E Railroad StSandwich, IL 60548
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

3.37x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.08x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

35th percentile

-7.4%

Higher net margin than 35% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$41,538

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 83.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

15th percentile

-37%

Faster asset growth than 15% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

87th percentile

39%

Faster revenue growth than 87% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$0

Down $1,156 (-100%) from 2022

Liabilities

Down

$0

Down $3,899 (-100%) from 2022

Net Assets

Up

$0

Up $2,743 (+100%) from 2022

Operations
Liabilities / Revenue75th percentileNet Margin35th percentile

Revenue

Down

$15,600

Down $34,470 (-69%) from 2022

Expenses

Down

$12,014

Down $41,775 (-78%) from 2022

Net Income

Up

$3,586

Up $7,305 (+196%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2011: $17,035Liabilities 2011: $2,471Net Assets 2011: $14,5642011Assets 2013: $16,666Liabilities 2013: $2,033Net Assets 2013: $14,6332013Assets 2014: $30,943Liabilities 2014: $2,190Net Assets 2014: $28,7532014Assets 2015: $37,587Liabilities 2015: $2,289Net Assets 2015: $35,2982015Assets 2016: $47,061Liabilities 2016: $2,526Net Assets 2016: $44,5352016Assets 2017: $35,711Liabilities 2017: $1,282Net Assets 2017: $34,4292017Assets 2018: $37,940Liabilities 2018: $827Net Assets 2018: $37,1132018Assets 2019: $32,311Liabilities 2019: $827Net Assets 2019: $31,4842019Assets 2020: $22,098Liabilities 2020: $827Net Assets 2020: $21,2712020Assets 2021: $1,845Liabilities 2021: $869Net Assets 2021: $9762021Assets 2022: $1,156Liabilities 2022: $3,899Net Assets 2022: -$2,7432022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2011: $59,9532011Revenue 2013: $69,513Expenses 2013: $60,792Net Income 2013: $8,7212013Revenue 2014: $77,704Expenses 2014: $62,987Net Income 2014: $14,7172014Revenue 2015: $71,524Expenses 2015: $64,822Net Income 2015: $6,7022015Revenue 2016: $78,672Expenses 2016: $68,932Net Income 2016: $9,7402016Revenue 2017: $57,808Expenses 2017: $67,300Net Income 2017: -$9,4922017Revenue 2018: $71,103Expenses 2018: $68,213Net Income 2018: $2,8902018Revenue 2019: $66,353Expenses 2019: $71,668Net Income 2019: -$5,3152019Revenue 2020: $57,269Expenses 2020: $67,159Net Income 2020: -$9,8902020Revenue 2021: $36,001Expenses 2021: $56,296Net Income 2021: -$20,2952021Revenue 2022: $50,070Expenses 2022: $53,789Net Income 2022: -$3,7192022Revenue 2023: $15,600Expenses 2023: $12,014Net Income 2023: $3,5862023

Highlighted filing

2023

Revenue$15,600
Expenses$12,014
Net Income$3,586
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$15,600
Expenses
$12,014
Net income
$3,586
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$15.6$12.0$3.59
2022Detailed filing. Detailed filing data is available for this year.$1.16$3.90$2.74$50.1$53.8$3.72
2021Detailed filing. Detailed filing data is available for this year.$1.85$0.87$0.98$36.0$56.3$20.3
2020Detailed filing. Detailed filing data is available for this year.$22.1$0.83$21.3$57.3$67.2$9.89
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.3$0.83$31.5$66.4$71.7$5.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.9$0.83$37.1$71.1$68.2$2.89
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.7$1.28$34.4$57.8$67.3$9.49
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.1$2.53$44.5$78.7$68.9$9.74
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.6$2.29$35.3$71.5$64.8$6.70
2014Detailed filing. Detailed filing data is available for this year.$30.9$2.19$28.8$77.7$63.0$14.7
2013Detailed filing. Detailed filing data is available for this year.$16.7$2.03$14.6$69.5$60.8$8.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$2.47$14.6$60.0
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 22, 2023
Return Version
2022v5.0
Gross Receipts
$50,070
Mission and Program Overview

Mission

To attract business in the sandwich area

Program Services

DescriptionGrantsExpenses
MEET WITH POTENTIAL NEW BUSINESS AND PROVIDED ACCESS TO GOVT BODIES, LOCAL ORGANIZATIONS ON THEIR BEHALF.--
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM TECKENBROCKExecutive DirectorFT$41,538-$41,538
JIM TECKENBROCKPresident-$0--
RICK SCHMITTVice President-$0--
TIM MEYERSecretary-$0--
KRISTINA HARTMANTreasurer-$0--
TYLER STEVENSONDirector-$0--
JOE FRASERDirector-$0--
CARLA MYERSDirector-$0--
MIKE KOKOTTDirector-$0--
JOHN METYCH IIIDirector-$0--
TODD LATHAMMayor-$0--
Political and Lobbying Activity
In-house lobbying only
Yes
Filing and Contact Details

Filer

Filer Name
Sandwich Economic Development Corporation
EIN
26-0169895
Address
144 E RAILROAD ST, SANDWICH, IL 60548

Signing Officer

Name
Todd Latham
Title
Mayor
Phone
8157869321
Signed
2023-08-22
Discuss with paid preparer
Yes

Preparer

Firm
Brian Murphy and Associates Ltd
Address
808 N LAKE ST, AURORA, IL 60506
Preparer
Brian Murphy CPA
Phone
6308924094
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity contribution relationship none”

Description of other expenses Part I line 16

“Description amountpayroll taxes 3,301insurance 4,334dues & subscritpions 250bank charges 88licenses & permits 13office expenses 2,387telephone 1,528”

Description of total liabilities Part II line 26

“Category beginning of year end of yearpayroll tax 869 856employee loan 0 3,043”

Raw XML Appendix160 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0JIM TECKENBROCK
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0WAGES PAID
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TODD LATHAM
IRS990EZ/BooksInCareOfDetail/PhoneNum08157866789
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0144 E RAILROAD ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SANDWICH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060548
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01845
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01156
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3719
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01845
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01156
IRS990EZ/GrossReceiptsAmt050070
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt050070
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0976
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-2743
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0976
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-2743
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt440.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt441538
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JIM TECKENBROCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICK SCHMITT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIM MEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3KRISTINA HARTMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JIM TECKENBROCK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TYLER STEVENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOE FRASER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CARLA MYERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MIKE KOKOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JOHN METYCH III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10TODD LATHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10MAYOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt011901
IRS990EZ/PrimaryExemptPurposeTxt0TO ATTRACT BUSINESS IN THE SANDWICH AREA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MEET WITH POTENTIAL NEW BUSINESS AND PROVIDED ACCESS TO GOVT BODIES, LOCAL ORGANIZATIONS ON THEIR BEHALF.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt041538
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0869
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03899
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053789
IRS990EZ/TotalRevenueAmt050070
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CONTRIBUTION RELATIONSHIP NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTPAYROLL TAXES 3,301INSURANCE 4,334DUES & SUBSCRITPIONS 250BANK CHARGES 88LICENSES & PERMITS 13OFFICE EXPENSES 2,387TELEPHONE 1,528
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL TAX 869 856EMPLOYEE LOAN 0 3,043
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD LATHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MAYOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08157869321
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SANDWICH ECONOMIC DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SAND
ReturnHeader/Filer/EIN0260169895
ReturnHeader/Filer/USAddress/AddressLine1Txt0144 E RAILROAD ST
ReturnHeader/Filer/USAddress/CityNm0SANDWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060548
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364052661
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRIAN MURPHY AND ASSOCIATES LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0808 N LAKE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AURORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060506
ReturnHeader/PreparerPersonGrp/PhoneNum06308924094
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN MURPHY CPA
ReturnHeader/ReturnTs02023-11-10T10:03:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TODD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LATHAM
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits