Civic Intelligence

Smithfield Selma Chamber Economic Development Foundation Inc.

990EZ • Fiscal year 2019 • EIN 27-2039206

Jan 01, 2019 to Dec 31, 2019 • Filed on May 14, 2020

Organization ProfileTRIANGLEEASTCHAMBER.COM
PO Box 467Smithfield, NC 27577-0467

(919) 934-9166

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.01x

Higher debt load relative to assets than 62% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.02x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Source year 2019

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Source year 2019

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • NTEE S20 • <$500k nonprofits • Source year 2019

Asset Growth

61st percentile

12%

Faster asset growth than 61% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

96th percentile

284%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • NTEE S20 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$142,062

Up $14,955 (+12%) from 2018

Net Assets

Up

$140,289

Up $13,830 (+11%) from 2018

Liabilities

Up

$1,773

Up $1,125 (+174%) from 2018

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin72nd percentile

Revenue

Up

$83,028

Up $61,379 (+284%) from 2018

Expenses

Up

$69,198

Up $61,959 (+856%) from 2018

Net Income

Down

$13,830

Down $580 (-4.0%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$150K$100K$50K$0Assets 2011: $14,003Net Assets 2011: $14,0032011Assets 2012: $5,787Net Assets 2012: $5,7872012Assets 2013: $2,913Net Assets 2013: $2,9132013Assets 2014: $2,914Net Assets 2014: $2,9142014Assets 2018: $127,107Liabilities 2018: $648Net Assets 2018: $126,4592018Assets 2019: $142,062Liabilities 2019: $1,773Net Assets 2019: $140,2892019Assets 2020: $134,330Net Assets 2020: $134,3302020Assets 2021: $126,853Net Assets 2021: $126,8532021Assets 2022: $128,686Net Assets 2022: $128,6862022Assets 2023: $118,012Net Assets 2023: $118,0122023Assets 2024: $122,731Net Assets 2024: $122,7312024

Highlighted filing

2019

Assets$142,062
Liabilities$1,773
Net Assets$140,289
Open 2019 Filing

Operations Trend

Revenue Growth96th percentile

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

$100K$50K$0-$50KRevenue 2011: $14,0032011Revenue 2012: $1,504Expenses 2012: $9,720Net Income 2012: -$8,2162012Revenue 2013: $1Expenses 2013: $2,875Net Income 2013: -$2,8742013Revenue 2014: $12014Revenue 2018: $21,649Expenses 2018: $7,239Net Income 2018: $14,4102018Revenue 2019: $83,028Expenses 2019: $69,198Net Income 2019: $13,8302019Revenue 2020: $79,288Expenses 2020: $80,770Net Income 2020: -$1,4822020Revenue 2021: $33,699Expenses 2021: $41,177Net Income 2021: -$7,4782021Revenue 2022: $74,699Expenses 2022: $72,866Net Income 2022: $1,8332022Revenue 2023: $48,348Expenses 2023: $56,522Net Income 2023: -$8,1742023Revenue 2024: $26,325Expenses 2024: $21,606Net Income 2024: $4,7192024

Highlighted filing

2019

Revenue$83,028
Expenses$69,198
Net Income$13,830
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 14, 2020
Return Version
2019v5.0
Gross Receipts
$83,028
Mission and Program Overview

Mission

The smithfield-selma community offers a lifestyle of choice - focused on the future - where families and business thrive. We are recognized for our focus on collaboration and partnerships, community image, advances infrastucture and transportation; globally competitive educational oppurtunities, regional medical facilities, moral development of the youth and families, a superior business-friendly climate and outstanding leadership for future generations

Program Services

DescriptionGrantsExpenses
BEAUTIFICATION OF ROADWAYS-$69,198
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEITH DIMSDALETreasurer-$0--
ERIC BROWNLEEChair-$0--
JEFFREY NAVARROSecretary-$0--
MIKE MANCUSOPresident-$0--
Filing and Contact Details

Filer

Filer Name
Smithfield Selma Chamber Economic
EIN
27-2039206
Address
PO BOX 467, SMITHFIELD, NC 27577-0467

Signing Officer

Name
Mike Mancuso
Title
President
Phone
9199349166
Signed
2020-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Peedin & Sasser Cpas Pllc
Address
1389 W MARKET STREET, SMITHFIELD, NC 27577
Preparer
C Keith Peedin
Phone
9199346125
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Tenant rent 12,806 miscellaneous 906 facility rent 775 total 14,487”

Form 990-ez, Part I, Line 16

“Expenses insurance 4,473 prior period adjustment -343 miscellaneous 30 grounds maintenance 1,985 building repair 101 merchant service fee 78 miscellaneous 670 total 6,994”

Form 990-ez, Part I, Line 20

“PROPERTY & EQUIPMENT 0”

Form 990-ez, Part II, Line 24

“Accounts receivable 0 6,250 1,700 1,700 less accumulated depreciation 1,511 1,565 total 189 6,385”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 648 1,773”

Form 990-ez, Part III

“The smithfield-selma community offers a lifestyle of choice - focused on the future - where families and business thrive. We are recognized for our focus on collaboration and partnerships, community image, advances infrastucture and transportation; globally competitive educational oppurtunities, regional medical facilities, moral development of the youth and families, a superior business-friendly climate and outstanding leadership for future generations”

Raw XML Appendix142 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/BooksInCareOfDetail/PersonNm0MIKE MANCUSO
IRS990EZ/BooksInCareOfDetail/PhoneNum09199349166
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 467
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SMITHFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027577
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt018173
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036535
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt068512
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt013830
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt052207
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0127107
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0142062
IRS990EZ/GrossReceiptsAmt083028
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt029
IRS990EZ/LandAndBuildingsGrp/BOYAmt0108745
IRS990EZ/LandAndBuildingsGrp/EOYAmt099142
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0126459
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0140289
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0126459
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0140289
IRS990EZ/OccupancyRentUtltsAndMaintAmt09657
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEITH DIMSDALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC BROWNLEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JEFFREY NAVARRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MIKE MANCUSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0189
IRS990EZ/OtherAssetsTotalDetail/EOYAmt06385
IRS990EZ/OtherExpensesTotalAmt06994
IRS990EZ/OtherRevenueTotalAmt014487
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SMITHFIELD-SELMA COMMUNITY OFFERS A LIFESTYLE OF CHOICE - FOCUSED ON THE FUTURE - WHERE FAMILIES AND BUSINESS THRIVE. WE ARE RECOGNIZED FOR OUR FOCUS ON COLLABORATION AND PARTNERSHIPS, COMMUNITY IMAGE, ADVANCES INFRASTUCTURE AND TRANSPORTATION; GLOBALLY COMPETITIVE EDUCATIONAL OPPURTUNITIES, REGIONAL MEDICAL FACILITIES, MORAL DEVELOPMENT OF THE YOUTH AND FAMILIES, A SUPERIOR BUSINESS-FRIENDLY CLIMATE AND OUTSTANDING LEADERSHIP FOR FUTURE GENERATIONS
IRS990EZ/PrintingPublicationsPostageAmt0340
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BEAUTIFICATION OF ROADWAYS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt069198
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0648
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01773
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt069198
IRS990EZ/TotalProgramServiceExpensesAmt069198
IRS990EZ/TotalRevenueAmt083028
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0TRIANGLEEASTCHAMBER.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt068512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt021646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt090158
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt014519
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt090158
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt068512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt021646
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt090158
IRS990ScheduleA/TotalSupportAmt090158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TENANT RENT 12,806 MISCELLANEOUS 906 FACILITY RENT 775 TOTAL 14,487
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE 4,473 PRIOR PERIOD ADJUSTMENT -343 MISCELLANEOUS 30 GROUNDS MAINTENANCE 1,985 BUILDING REPAIR 101 MERCHANT SERVICE FEE 78 MISCELLANEOUS 670 TOTAL 6,994
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROPERTY & EQUIPMENT 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 0 6,250 1,700 1,700 LESS ACCUMULATED DEPRECIATION 1,511 1,565 TOTAL 189 6,385
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 648 1,773
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SMITHFIELD-SELMA COMMUNITY OFFERS A LIFESTYLE OF CHOICE - FOCUSED ON THE FUTURE - WHERE FAMILIES AND BUSINESS THRIVE. WE ARE RECOGNIZED FOR OUR FOCUS ON COLLABORATION AND PARTNERSHIPS, COMMUNITY IMAGE, ADVANCES INFRASTUCTURE AND TRANSPORTATION; GLOBALLY COMPETITIVE EDUCATIONAL OPPURTUNITIES, REGIONAL MEDICAL FACILITIES, MORAL DEVELOPMENT OF THE YOUTH AND FAMILIES, A SUPERIOR BUSINESS-FRIENDLY CLIMATE AND OUTSTANDING LEADERSHIP FOR FUTURE GENERATIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE MANCUSO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09199349166
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMITHFIELD SELMA CHAMBER ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0SMIT
ReturnHeader/Filer/EIN0272039206
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 467
ReturnHeader/Filer/USAddress/CityNm0SMITHFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0275770467
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId082F60A28A0E6A2C8117F960735430A71B139F312
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CF41336B8CDD7AAB4B8485F9A548646B4F6FCC2C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.38.98.93
ReturnHeader/FilingSecurityInformation/IPDt02020-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:36:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260598586
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PEEDIN & SASSER CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01389 W MARKET STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SMITHFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027577
ReturnHeader/PreparerPersonGrp/PhoneNum09199346125
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C KEITH PEEDIN
ReturnHeader/ReturnTs02020-05-14T14:36:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,062
Liabilities
$1,773
Net assets
$140,289
Revenue
$83,028
Expenses
$69,198
Net income
$13,830
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.23$1.23$0.26$0.22$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$1.18$0.48$0.57$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.29$1.29$0.75$0.73$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.27$1.27$0.34$0.41$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$1.34$0.79$0.81$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.42$0.02$1.40$0.83$0.69$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.01$1.26$0.22$0.07$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$0.03$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.02$0.10$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.14$0.14
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • NTEE S20 • <$500k nonprofits