Civic Intelligence

Arthur Area Economic Development Corporation

990EZ • Fiscal year 2020 • EIN 27-0221957

May 01, 2019 to Apr 30, 2020 • Filed on Aug 18, 2020

206 S Vine StArthur, IL 61911

(217) 543-2232

Siviq Scores

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

Liabilities / Assets

58th percentile

0.02x

Higher debt load relative to assets than 58% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

59th percentile

0.02x

Higher debt load relative to revenue than 59% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

30th percentile

-10.0%

Higher net margin than 30% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

82nd percentile

$42,000

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 39.2% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

32nd percentile

-7.2%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

53rd percentile

-17%

Faster revenue growth than 53% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$115,970

Down $8,933 (-7.2%) from 2019

Net Assets

Down

$113,540

Down $10,656 (-8.6%) from 2019

Liabilities

Up

$2,430

Up $1,723 (+244%) from 2019

Revenue

Down

$107,034

Down $22,602 (-17%) from 2019

Expenses

Down

$117,690

Down $19,600 (-14%) from 2019

Net Income

Down

-$10,656

Down $3,002 (-39%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $132,647Liabilities 2014: $35Net Assets 2014: $132,6122014Assets 2015: $130,444Liabilities 2015: $35Net Assets 2015: $130,4092015Assets 2016: $123,553Liabilities 2016: $35Net Assets 2016: $123,5182016Assets 2017: $134,883Liabilities 2017: $36Net Assets 2017: $134,8472017Assets 2018: $131,885Liabilities 2018: $35Net Assets 2018: $131,8502018Assets 2019: $124,903Liabilities 2019: $707Net Assets 2019: $124,1962019Assets 2020: $115,970Liabilities 2020: $2,430Net Assets 2020: $113,5402020Assets 2021: $127,471Liabilities 2021: $1,510Net Assets 2021: $125,9612021Assets 2022: $128,451Liabilities 2022: $1,029Net Assets 2022: $127,4222022Assets 2023: $144,135Liabilities 2023: $678Net Assets 2023: $143,4572023Assets 2024: $158,237Liabilities 2024: $664Net Assets 2024: $157,5732024Assets 2025: $163,471Liabilities 2025: $657Net Assets 2025: $162,8142025

Highlighted filing

2020

Assets$115,970
Liabilities$2,430
Net Assets$113,540

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2014: $84,054Expenses 2014: $73,703Net Income 2014: $10,3512014Revenue 2015: $130,716Expenses 2015: $132,919Net Income 2015: -$2,2032015Revenue 2016: $139,583Expenses 2016: $146,474Net Income 2016: -$6,8912016Revenue 2017: $143,880Expenses 2017: $132,551Net Income 2017: $11,3292017Revenue 2018: $136,382Expenses 2018: $139,430Net Income 2018: -$3,0482018Revenue 2019: $129,636Expenses 2019: $137,290Net Income 2019: -$7,6542019Revenue 2020: $107,034Expenses 2020: $117,690Net Income 2020: -$10,6562020Revenue 2021: $123,076Expenses 2021: $110,655Net Income 2021: $12,4212021Revenue 2022: $79,264Expenses 2022: $77,795Net Income 2022: $1,4692022Revenue 2023: $79,251Expenses 2023: $63,217Net Income 2023: $16,0342023Revenue 2024: $78,875Expenses 2024: $64,759Net Income 2024: $14,1162024Revenue 2025: $78,598Expenses 2025: $73,357Net Income 2025: $5,2412025

Highlighted filing

2020

Revenue$107,034
Expenses$117,690
Net Income-$10,656
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Aug 18, 2020
Return Version
2019v5.0
Gross Receipts
$107,034
Mission and Program Overview

Mission

Economic development of arthur and surrounding rural areas.

Program Services

DescriptionGrantsExpenses
ECONOMIC DEVELOPMENT OF VILLAGE OF ARTHUR AND SURROUNDING RURAL AREAS.--
ECONOMIC DEVELOPMENT OF VILLAGE OF ARTHUR AND SURROUNDING RURAL AREAS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTY MILLERExecutive DiFT$42,000-$42,000
ANGIE PARSONSTourism CoorFT$28,486-$28,486
KEVIN HUFFMANMember-$0--
JOSEPH MCDONALD CONDILLMemberPT$0--
JENNIFER PERRINETreasurerPT$0--
CARA BLAUDOWSecretary-$0--
SCOTT SEEGMILLERMember-$0--
RICHARD OTTOVice Preside-$0--
KEN CROSSMANPresidentPT$0--
DENNIS HELMUTHMember-$0--
JAMES AIKMANMember-$0--
NICK BINIONMember-$0--
JOSEPH YODERMember-$0--
LENA OTTOMember-$0--
DAWN BODDYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Arthur Area Economic Development
EIN
27-0221957
Phone
2175432232
Address
206 S VINE ST, ARTHUR, IL 61911

Signing Officer

Name
Ken Crossman
Title
President
Phone
2175432184
Signed
2020-08-18
Discuss with paid preparer
Yes

Preparer

Firm
Mcguire Yuhas Huffman & Buckley Pc
Address
131A SOUTH VINE STREET, ARTHUR, IL 61911
Preparer
Kevin J Huffman
Phone
2175432184
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses spolight tour 3,614 advertising 3,358 other marketing 5,729 community connect 342 office 4,698 travel 2,621 conferences/meetings 2,227 insurance 946 community support 176 corporation fees 175 dues 60 miscellaneous 85 website 4,969 bank charges 217 total 29,217

Form 990-ez, Part II, Line 24

Revolving loans receivable 32,000 91,247 total 32,000 91,247

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 707 2,430

Form 990-ez, Part III, Line 31

Economic development of village of arthur and surrounding rural areas.

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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ARTHUR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEVIN HUFFMAN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JENNIFER PERRINE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4CARA BLAUDOW
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/WebsiteAddressTxt0ARTHURIL.US
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SPOLIGHT TOUR 3,614 ADVERTISING 3,358 OTHER MARKETING 5,729 COMMUNITY CONNECT 342 OFFICE 4,698 TRAVEL 2,621 CONFERENCES/MEETINGS 2,227 INSURANCE 946 COMMUNITY SUPPORT 176 CORPORATION FEES 175 DUES 60 MISCELLANEOUS 85 WEBSITE 4,969 BANK CHARGES 217 TOTAL 29,217
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVOLVING LOANS RECEIVABLE 32,000 91,247 TOTAL 32,000 91,247
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 707 2,430
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ECONOMIC DEVELOPMENT OF VILLAGE OF ARTHUR AND SURROUNDING RURAL AREAS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02020-11-19 02:30:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KEN CROSSMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02175432184
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARTHUR AREA ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0ARTH
ReturnHeader/Filer/EIN0270221957
ReturnHeader/Filer/PhoneNum02175432232
ReturnHeader/Filer/USAddress/AddressLine1Txt0206 S VINE ST
ReturnHeader/Filer/USAddress/CityNm0ARTHUR
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ReturnHeader/FilingSecurityInformation/IPTm016:45:13
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARTHUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
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ReturnHeader/PreparerPersonGrp/PhoneNum02175432184
ReturnHeader/PreparerPersonGrp/PreparationDt02020-08-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN J HUFFMAN
ReturnHeader/ReturnTs02020-09-02T16:45:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-05-01
ReturnHeader/TaxPeriodEndDt02020-04-30
ReturnHeader/TaxYr02019

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Filings