Civic Intelligence

Lake County Economic Development Corporation

990EZ • Fiscal year 2014 • EIN 30-0756681

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 18, 2015

Organization ProfileN/A
PO Box 1503Leadville, CO 80461

(719) 427-0118

Siviq Scores

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

Liabilities / Assets

74th percentile

0.10x

Higher debt load relative to assets than 74% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

79th percentile

0.11x

Higher debt load relative to revenue than 79% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

40th percentile

-0.2%

Higher net margin than 40% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

94th percentile

$80,264

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 65.5% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

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

Source year 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets74th percentile

Assets

$134,638

No earlier filing loaded for comparison.

Net Assets

$120,577

No earlier filing loaded for comparison.

Liabilities

$14,061

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin40th percentile

Revenue

$122,525

No earlier filing loaded for comparison.

Expenses

$122,831

No earlier filing loaded for comparison.

Net Income

-$306

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2014: $134,638Liabilities 2014: $14,061Net Assets 2014: $120,5772014Assets 2015: $167,021Liabilities 2015: $1,560Net Assets 2015: $165,4612015Assets 2016: $161,730Net Assets 2016: $161,7302016Assets 2018: $190,358Net Assets 2018: $190,3582018Assets 2019: $210,785Liabilities 2019: $1,149Net Assets 2019: $209,6362019Assets 2020: $228,957Liabilities 2020: $2,318Net Assets 2020: $226,6392020Assets 2021: $264,727Liabilities 2021: $34,158Net Assets 2021: $230,5692021Assets 2022: $296,801Liabilities 2022: $7,480Net Assets 2022: $289,3212022Assets 2024: $244,371Net Assets 2024: $244,3712024

Highlighted filing

2014

Assets$134,638
Liabilities$14,061
Net Assets$120,577
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2014: $122,525Expenses 2014: $122,831Net Income 2014: -$3062014Revenue 2015: $212,357Expenses 2015: $167,473Net Income 2015: $44,8842015Revenue 2016: $161,260Expenses 2016: $164,991Net Income 2016: -$3,7312016Revenue 2018: $132,375Expenses 2018: $125,650Net Income 2018: $6,7252018Revenue 2019: $109,764Expenses 2019: $90,486Net Income 2019: $19,2782019Revenue 2020: $262,352Expenses 2020: $245,349Net Income 2020: $17,0032020Revenue 2021: $285,892Expenses 2021: $281,962Net Income 2021: $3,9302021Revenue 2022: $288,482Expenses 2022: $229,730Net Income 2022: $58,7522022Revenue 2024: $148,742Expenses 2024: $103,906Net Income 2024: $44,8362024

Highlighted filing

2014

Revenue$122,525
Expenses$122,831
Net Income-$306
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 18, 2015
Return Version
2014v5.0
Gross Receipts
$122,525
Mission and Program Overview

Mission

The organization's mission is to promote business and stimulate all forms of economic development in the town of leadville and lake county, colorado.

Program Services

DescriptionGrantsExpenses
PROMOTION OF BUSINESS AND ECONOMIC STIMULATION OF LEADVILLE AND LAKE COUNTY'S ECONOMY--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICOLE J THOMPSONExecutive DiFT$75,948$4,316$80,264
JUDY GREENDirector-$0--
MIKE BORDOGNADirector-$0--
DAVE HORNINGDirector-$0--
TARA HOSICKDirector-$0--
KEVIN KINGDirector/Pre-$0--
HEATHER LINDHDirector/Vic-$0--
JOSH COLLEYDirector-$0--
JEFF MCGUINNESSDirector/Tre-$0--
CARL MILLERDirector-$0--
LINDSEY PARLINDirector/Sec-$0--
TYRONE RIMBERTDirector-$0--
JAMES TAYLORDirector-$0--
TOM STONEDirector-$0--
TOM WIENSDirector-$0--
MIKE CANTYDirector-$0--
KEITH MOFFETTDirector-$0--
MARY SCHROEDERDirector-$0--
LEE TRUJILLODirector-$0--
STEVE SMITHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lake County Economic Development
EIN
30-0756681
Phone
7194270118
Address
PO BOX 1503, LEADVILLE, CO 80461

Signing Officer

Name
Heather Lindh
Title
President
Phone
7194270118
Signed
2015-06-18
Discuss with paid preparer
Yes

Preparer

Firm
Kenneth L Olsen CPA Pc
Address
P O BOX 912, LEADVILLE, CO 80461
Preparer
Kenneth L Olsen CPA
Phone
7194860268
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 1,191 travel/conferences 3,206 fees 1,184 insurance 2,035 other 425 supplies 1,737 business attraction/expan 10,761 dues and education 2,485 annual meeting/retreat 1,862 total 24,886”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 6,244 14,061”

Form 990-ez, Part III

“The organization's mission is to promote business and stimulate all forms of economic development in the town of leadville and lake county, colorado.”

Raw XML Appendix168 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/CompensationAmt190
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm19STEVE SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR/PRE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR/SEC
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt16DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt17DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt18DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt19DIRECTOR
IRS990EZ/OperateHospitalInd0false
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IRS990EZ/PrintingPublicationsPostageAmt01341
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTION OF BUSINESS AND ECONOMIC STIMULATION OF LEADVILLE AND LAKE COUNTY'S ECONOMY
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalRevenueAmt0122525
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,191 TRAVEL/CONFERENCES 3,206 FEES 1,184 INSURANCE 2,035 OTHER 425 SUPPLIES 1,737 BUSINESS ATTRACTION/EXPAN 10,761 DUES AND EDUCATION 2,485 ANNUAL MEETING/RETREAT 1,862 TOTAL 24,886
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 6,244 14,061
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S MISSION IS TO PROMOTE BUSINESS AND STIMULATE ALL FORMS OF ECONOMIC DEVELOPMENT IN THE TOWN OF LEADVILLE AND LAKE COUNTY, COLORADO.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HEATHER LINDH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07194270118
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKE COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0LAKE
ReturnHeader/Filer/EIN0300756681
ReturnHeader/Filer/PhoneNum07194270118
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1503
ReturnHeader/Filer/USAddress/CityNm0LEADVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080461
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841003573
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O BOX 912
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEADVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd080461
ReturnHeader/PreparerPersonGrp/PhoneNum07194860268
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH L OLSEN CPA
ReturnHeader/ReturnTs02015-06-24T17:18:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$134,638
Liabilities
$14,061
Net assets
$120,577
Revenue
$122,525
Expenses
$122,831
Net income
-$306
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.44$2.44$1.49$1.04$0.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.97$0.07$2.89$2.88$2.30$0.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.34$2.31$2.86$2.82$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.29$0.02$2.27$2.62$2.45$0.17
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.01$2.10$1.10$0.90$0.19
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$1.90$1.32$1.26$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.62$1.62$1.61$1.65$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.67$0.02$1.65$2.12$1.67$0.45
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.14$1.21$1.23$1.23$0.00