Civic Intelligence

Historic Willamette a Main Street Community

990EZ • Fiscal year 2021 • EIN 27-2702137

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 28, 2023

1785 Willamette Falls Drive Ste 6West Linn, OR 97068

(503) 905-2217

Siviq Scores

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

Liabilities / Assets

91st percentile

0.68x

Higher debt load relative to assets than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

92nd percentile

0.61x

Higher debt load relative to revenue than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

46th percentile

6.1%

Higher net margin than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$24,085

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 36.4% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Up

$59,811

Up $51,910 (+657%) from 2013

Net Assets

Up

$19,235

Up $11,334 (+143%) from 2013

Liabilities

Up

$40,576

Up $40,576 from 2013

Revenue

Up

$66,130

Up $44,215 (+202%) from 2013

Expenses

Up

$62,115

Up $47,127 (+314%) from 2013

Net Income

Down

$4,015

Down $2,912 (-42%) from 2013

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2013: $7,901Liabilities 2013: $0Net Assets 2013: $7,9012013Assets 2021: $59,811Liabilities 2021: $40,576Net Assets 2021: $19,2352021Assets 2022: $16,136Liabilities 2022: $20,368Net Assets 2022: -$4,2322022

Highlighted filing

2021

Assets$59,811
Liabilities$40,576
Net Assets$19,235

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $21,915Expenses 2013: $14,988Net Income 2013: $6,9272013Revenue 2021: $66,130Expenses 2021: $62,115Net Income 2021: $4,0152021Revenue 2022: $89,959Expenses 2022: $113,426Net Income 2022: -$23,4672022

Highlighted filing

2021

Revenue$66,130
Expenses$62,115
Net Income$4,015
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 28, 2023
Return Version
2021v4.2
Gross Receipts
$66,130
Mission and Program Overview

Mission

Historic willamette main street's mission is to celebrate and preserve the rich history and natural beauty of the area, invest in the heart of our downtown by promoting our local businesses. Our purpose is to foster an inclusive, diverse community where local residents and visitors feel welcome to dine, shop, and connect and socialize with others.

Program Services

DescriptionGrantsExpenses
APPLIED FOR AND RECEIVED GRANTS FROM LOCAL AND COUNTY JURISDICTIONS TO WORK WITH THESE AREAS TO DEVELOP AWARENESS AND COORDINATE VARIOUS PROJECTS TO FURTHER GROW THIS HISTORIC DISTRICT.$38,856$40,934
HOSTED EVENTS IN THE HISTORIC DISTRICT TO BRING PEOPLE INTO THE AREA AND SHOWCSE THIS DISTRIC.$0$21,181
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
REBECCA HOLLENBECKExecutive DirectorPT$24,085-$24,085
BRAD HULQUISTPresidentPT$0--
RUTH OFFERTreasurerPT$0--
SEANEEN RUDKIN-MANNINGSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Historic Willamette
EIN
27-2702137
Phone
5039052217
Address
1785 WILLAMETTE FALLS DRIVE STE 6, WEST LINN, OR 97068

Signing Officer

Name
Brad Hulquist
Title
President
Phone
5039052217
Signed
2023-03-28
Discuss with paid preparer
Yes

Preparer

Firm
Mccoy Foat & Company Cpas Pc
Address
1800 BLANKENSHIP ROAD SUITE 430, WEST LINN, OR 97068
Preparer
Mark E Foat
Phone
5036501040
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: committee expenses. Amount: 7,666. Description: market expenses. Amount: 16,302. Description: general organizational expenses. Amount: 3,118. Description: supplies. Amount: 467. Description: techonology. Amount: 1,850. Total to form 990-ez, line 16: 29,403.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other current assets. Beg. Of year amount: 300. End of year amount: 287. Description: ar. Beg. Of year amount: 20,000. End of year amount: 4,257.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 1,700. End of year amount: 1,121. Description: grant receivable. Beg. Of year amount: 38,339. End of year amount: 39,455.

Raw XML Appendix178 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/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0HISTORIC WILLAMETTE MAIN STREET'S MISSION IS TO CELEBRATE AND PRESERVE THE RICH HISTORY AND NATURAL BEAUTY OF THE AREA, INVEST IN THE HEART OF OUR DOWNTOWN BY PROMOTING OUR LOCAL BUSINESSES. OUR PURPOSE IS TO FOSTER AN INCLUSIVE, DIVERSE COMMUNITY WHERE LOCAL RESIDENTS AND VISITORS FEEL WELCOME TO DINE, SHOP, AND CONNECT AND SOCIALIZE WITH OTHERS.
IRS990EZ/PrintingPublicationsPostageAmt0892
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0APPLIED FOR AND RECEIVED GRANTS FROM LOCAL AND COUNTY JURISDICTIONS TO WORK WITH THESE AREAS TO DEVELOP AWARENESS AND COORDINATE VARIOUS PROJECTS TO FURTHER GROW THIS HISTORIC DISTRICT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1HOSTED EVENTS IN THE HISTORIC DISTRICT TO BRING PEOPLE INTO THE AREA AND SHOWCSE THIS DISTRIC.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: COMMITTEE EXPENSES. AMOUNT: 7,666. DESCRIPTION: MARKET EXPENSES. AMOUNT: 16,302. DESCRIPTION: GENERAL ORGANIZATIONAL EXPENSES. AMOUNT: 3,118. DESCRIPTION: SUPPLIES. AMOUNT: 467. DESCRIPTION: TECHONOLOGY. AMOUNT: 1,850. TOTAL TO FORM 990-EZ, LINE 16: 29,403.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER CURRENT ASSETS. BEG. OF YEAR AMOUNT: 300. END OF YEAR AMOUNT: 287. DESCRIPTION: AR. BEG. OF YEAR AMOUNT: 20,000. END OF YEAR AMOUNT: 4,257.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,700. END OF YEAR AMOUNT: 1,121. DESCRIPTION: GRANT RECEIVABLE. BEG. OF YEAR AMOUNT: 38,339. END OF YEAR AMOUNT: 39,455.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRAD HULQUIST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05039052217
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HISTORIC WILLAMETTE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0A MAIN STREET COMMUNITY
ReturnHeader/Filer/BusinessNameControlTxt0HIST
ReturnHeader/Filer/EIN0272702137
ReturnHeader/Filer/PhoneNum05039052217
ReturnHeader/Filer/USAddress/AddressLine1Txt01785 WILLAMETTE FALLS DRIVE STE 6
ReturnHeader/Filer/USAddress/CityNm0WEST LINN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0931320850
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCCOY FOAT & COMPANY CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01800 BLANKENSHIP ROAD SUITE 430
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd097068
ReturnHeader/PreparerPersonGrp/PhoneNum05036501040
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK E FOAT
ReturnHeader/ReturnTs02023-03-28T19:42:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRAD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HULQUIST
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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