Civic Intelligence

Arthur Area Economic Development Corporation

990EZ • Fiscal year 2024 • EIN 27-0221957

May 01, 2023 to Apr 30, 2024 • Filed on Sep 11, 2024

Organization ProfileARTHURIL.US
106 E Progress StArthur, IL 61911

(217) 543-2232

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Higher debt load relative to assets than 50% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.01x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

79th percentile

18%

Higher net margin than 79% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

83rd percentile

$36,000

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 45.6% of source-year revenue.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

65th percentile

9.8%

Faster asset growth than 65% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

-0.5%

Faster revenue growth than 42% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$158,237

Up $14,102 (+9.8%) from 2023

Net Assets

Up

$157,573

Up $14,116 (+9.8%) from 2023

Liabilities

Down

$664

Down $14 (-2.1%) from 2023

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin79th percentile

Revenue

Down

$78,875

Down $376 (-0.5%) from 2023

Expenses

Up

$64,759

Up $1,542 (+2.4%) from 2023

Net Income

Down

$14,116

Down $1,918 (-12%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

2024

Assets$158,237
Liabilities$664
Net Assets$157,573
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

2024

Revenue$78,875
Expenses$64,759
Net Income$14,116
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
Sep 11, 2024
Return Version
2023v5.0
Gross Receipts
$78,875
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
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANGIE PARSONSTourism CoorFT$36,000-$36,000
KEVIN HUFFMANMember-$0--
SCOTT SEEGMILLERMember-$0--
KENNETH CROSSMANPresident-$0--
JAMES AIKMANMember-$0--
NICK BINIONMember-$0--
DAWN BODDYSecretary-$0--
CASSIE YODERMember-$0--
Filing and Contact Details

Filer

Filer Name
Arthur Area Economic Development
EIN
27-0221957
Phone
2175432232
Address
106 E PROGRESS ST, ARTHUR, IL 61911

Signing Officer

Name
Kenneth Crossman
Title
President
Phone
2175432184
Signed
2024-09-11
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 11,657 technology support 3,783 office 645 insurance 94 travel & meetings 953 postage 380 supplies 322 corporate fees 15 total 17,849”

Form 990-ez, Part II, Line 24

“Revolving loans receivable 84,025 98,793 total 84,025 98,793”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 678 664”

Form 990-ez, Part III, Line 31

“Economic development of village of arthur and surrounding rural areas.”

Raw XML Appendix127 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CROSSMAN LAW OFFICE
IRS990EZ/BooksInCareOfDetail/PhoneNum02175433336
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0206 SOUTH VINE ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ARTHUR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd061911
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt060110
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059444
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt074177
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014116
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02826
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0144135
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0158237
IRS990EZ/GrossReceiptsAmt078875
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt04698
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0143457
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0157573
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0143457
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0157573
IRS990EZ/OccupancyRentUtltsAndMaintAmt05330
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt640.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt636000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEVIN HUFFMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SCOTT SEEGMILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2KENNETH CROSSMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES AIKMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NICK BINION
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DAWN BODDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ANGIE PARSONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CASSIE YODER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TOURISM COOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt084025
IRS990EZ/OtherAssetsTotalDetail/EOYAmt098793
IRS990EZ/OtherExpensesTotalAmt017849
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ECONOMIC DEVELOPMENT OF ARTHUR AND SURROUNDING RURAL AREAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ECONOMIC DEVELOPMENT OF VILLAGE OF ARTHUR AND SURROUNDING RURAL AREAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ECONOMIC DEVELOPMENT OF VILLAGE OF ARTHUR AND SURROUNDING RURAL AREAS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt038754
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0678
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0664
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt064759
IRS990EZ/TotalRevenueAmt078875
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0ARTHURIL.US
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 11,657 TECHNOLOGY SUPPORT 3,783 OFFICE 645 INSURANCE 94 TRAVEL & MEETINGS 953 POSTAGE 380 SUPPLIES 322 CORPORATE FEES 15 TOTAL 17,849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVOLVING LOANS RECEIVABLE 84,025 98,793 TOTAL 84,025 98,793
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 678 664
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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KENNETH CROSSMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02175432184
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARTHUR AREA ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0ARTH
ReturnHeader/Filer/EIN0270221957
ReturnHeader/Filer/PhoneNum02175432232
ReturnHeader/Filer/USAddress/AddressLine1Txt0106 E PROGRESS ST
ReturnHeader/Filer/USAddress/CityNm0ARTHUR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061911
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371107578
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCGUIRE YUHAS HUFFMAN & BUCKLEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0131A SOUTH VINE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARTHUR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061911
ReturnHeader/PreparerPersonGrp/PhoneNum02175432184
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN J HUFFMAN
ReturnHeader/ReturnTs02024-09-16T11:24:01-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-05-01
ReturnHeader/TaxPeriodEndDt02024-04-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$158,237
Liabilities
$664
Net assets
$157,573
Revenue
$78,875
Expenses
$64,759
Net income
$14,116
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.63$0.01$1.63$0.79$0.73$0.05
2024Detailed filing. Detailed filing data is available for this year.$1.58$0.01$1.58$0.79$0.65$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.01$1.43$0.79$0.63$0.16
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.01$1.27$0.79$0.78$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.27$0.02$1.26$1.23$1.11$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.14$1.07$1.18$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.24$1.30$1.37$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$1.36$1.39$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$1.44$1.33$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$1.40$1.46$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$1.31$1.33$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.84$0.74$0.10