Civic Intelligence

Arthur Area Economic Development Corporation

990EZ • Fiscal year 2022 • EIN 27-0221957

May 01, 2021 to Apr 30, 2022 • Filed on Sep 07, 2022

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

53rd percentile

0.01x

Higher debt load relative to assets than 53% of similar nonprofits.

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

Liabilities / Revenue

56th percentile

0.01x

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

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

Net Margin

49th percentile

1.9%

Higher net margin than 49% of similar nonprofits.

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

Top Officer Pay

81st percentile

$32,000

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 40.4% of source-year revenue.

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

Asset Growth

51st percentile

0.8%

Faster asset growth than 51% of similar nonprofits.

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

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

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

Assets

Up

$128,451

Up $980 (+0.8%) from 2021

Net Assets

Up

$127,422

Up $1,461 (+1.2%) from 2021

Liabilities

Down

$1,029

Down $481 (-32%) from 2021

Revenue

Down

$79,264

Down $43,812 (-36%) from 2021

Expenses

Down

$77,795

Down $32,860 (-30%) from 2021

Net Income

Down

$1,469

Down $10,952 (-88%) from 2021

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

2022

Assets$128,451
Liabilities$1,029
Net Assets$127,422

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

2022

Revenue$79,264
Expenses$77,795
Net Income$1,469
Jump To
Filing Snapshot
Filing Period
May 1, 2021 to Apr 30, 2022
Signed
Sep 7, 2022
Return Version
2021v4.0
Gross Receipts
$79,264
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
ANGIE PARSONSTourism CoorFT$32,000-$32,000
CHRISTY MILLERExecutive DiFT$17,500-$17,500
EDGAR A COLLERExecutive DiPT$5,000-$5,000
KEVIN HUFFMANMember-$0--
SCOTT SEEGMILLERMember-$0--
RICHARD OTTOVice Preside-$0--
KENNETH CROSSMANPresident-$0--
JAMES AIKMANMember-$0--
NICK BINIONMember-$0--
JOSEPH YODERMember-$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
Kenneth Crossman
Title
President
Phone
2175432184
Signed
2022-09-07
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 advertising 808 other marketing 429 technology support 2,305 special projects 136 office 985 travel 277 conferences/meetings 63 insurance 967 community support 414 dues 3,500 miscellaneous 58 software 919 other expenses 34 tech support 696 total 11,591

Form 990-ez, Part II, Line 24

Revolving loans receivable 97,887 69,065 total 97,887 69,065

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,518 1,029

Form 990-ez, Part III, Line 31

Economic development of village of arthur and surrounding rural areas.

Raw XML Appendix140 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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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
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ReturnHeader/TaxPeriodBeginDt02021-05-01
ReturnHeader/TaxPeriodEndDt02022-04-30
ReturnHeader/TaxYr02021

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Filings