Civic Intelligence

Greencastle-Putnam County Development Center Inc.

990 • Fiscal year 2015 • EIN 31-1200993

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 20, 2016

P O Box 572Greencastle, IN 46135

(765) 653-2474

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

96th percentile

$66,706

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 34.2% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

66th percentile

14%

Faster asset growth than 66% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$408,110

Up $48,787 (+14%) from 2014

Net Assets

Up

$408,110

Up $55,166 (+16%) from 2014

Liabilities

Down

$0

Down $6,379 (-100%) from 2014

Revenue

Up

$195,202

Up $32,300 (+20%) from 2014

Expenses

Down

$138,892

Down $15,363 (-10.0%) from 2014

Net Income

Up

$56,310

Up $47,663 (+551%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $273,643Liabilities 2010: $0Net Assets 2010: $273,6432010Assets 2011: $278,310Liabilities 2011: $0Net Assets 2011: $278,3102011Assets 2012: $1,831,567Liabilities 2012: $1,500,000Net Assets 2012: $331,5672012Assets 2013: $349,314Liabilities 2013: $6,379Net Assets 2013: $342,9352013Assets 2014: $359,323Liabilities 2014: $6,379Net Assets 2014: $352,9442014Assets 2015: $408,110Liabilities 2015: $0Net Assets 2015: $408,1102015Assets 2016: $516,428Liabilities 2016: $0Net Assets 2016: $516,4282016Assets 2017: $540,541Liabilities 2017: $0Net Assets 2017: $540,5412017Assets 2018: $570,600Liabilities 2018: $0Net Assets 2018: $570,6002018Assets 2019: $587,958Liabilities 2019: $0Net Assets 2019: $587,9582019Assets 2020: $670,909Liabilities 2020: $0Net Assets 2020: $670,9092020Assets 2021: $626,449Liabilities 2021: $0Net Assets 2021: $626,4492021Assets 2022: $656,523Liabilities 2022: $0Net Assets 2022: $656,5232022Assets 2024: $659,463Liabilities 2024: $0Net Assets 2024: $659,4632024

Highlighted filing

2015

Assets$408,110
Liabilities$0
Net Assets$408,110

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $131,575Expenses 2010: $119,981Net Income 2010: $11,5942010Revenue 2011: $130,924Expenses 2011: $126,257Net Income 2011: $4,6672011Expenses 2012: $118,2012012Revenue 2013: $182,442Expenses 2013: $163,112Net Income 2013: $19,3302013Revenue 2014: $162,902Expenses 2014: $154,255Net Income 2014: $8,6472014Revenue 2015: $195,202Expenses 2015: $138,892Net Income 2015: $56,3102015Revenue 2016: $175,376Expenses 2016: $117,223Net Income 2016: $58,1532016Revenue 2017: $155,425Expenses 2017: $131,320Net Income 2017: $24,1052017Revenue 2018: $171,859Expenses 2018: $141,800Net Income 2018: $30,0592018Revenue 2019: $176,788Expenses 2019: $152,385Net Income 2019: $24,4032019Revenue 2020: $232,313Expenses 2020: $154,015Net Income 2020: $78,2982020Revenue 2021: $175,110Expenses 2021: $180,192Net Income 2021: -$5,0822021Revenue 2022: $215,141Expenses 2022: $185,067Net Income 2022: $30,0742022Revenue 2024: $203,626Expenses 2024: $187,540Net Income 2024: $16,0862024

Highlighted filing

2015

Revenue$195,202
Expenses$138,892
Net Income$56,310
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 20, 2016
Return Version
2015v2.1
Gross Receipts
$263,411
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Economic development and coordination of various activities to increase economic base and well being of putnam county and greencastle and the creation of employment opportunities for all residents of the county and surrounding areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$150,370$258,047▲ $107,677
Investments Other Securities$94,938$90,505▼ $4,433
Land, Buildings, and Equipment, Net$114,015$59,558▼ $54,457
Total Assets$359,323$408,110▲ $48,787
Liabilities
Other Liabilities$6,379$0▼ $6,379
Total Liabilities$6,379$0▼ $6,379
Net Assets / Fund Balance
Unrestricted Net Assets$352,944$408,110▲ $55,166
Total Net Assets Fund Balance$352,944$408,110▲ $55,166
Total Liabilities and Net Assets / Fund Balance$359,323$408,110▲ $48,787

Asset Categories

AssetBook ValueDepreciationBasis
Land$57,406-$57,406
Equipment$2,152$12,626$14,778
Other Securities$90,505--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wiliam DoryExecutive DirectorFT$66,706$66,706

Board Members and Trustees

NameTitle
Bob JedelePast President
Ralph CunhaPresident
Matt HoweryVice President
Amy DoanDirector
Beth FlintDirector
Beth TharpDirector
Bob WestDirector
Brad KelsheimerDirector
Chase HaltomDirector
Dennis WeatherfordDirector
Gary LemonDirector
Greg LintonDirector
Jinsie BinghamDirector
Jon HannonDirector
June PickensDirector
Kieth BerryDirector
Liz CheathamDirector
Matt HeadleyDirector
Mike SmithDirector
Rick BurgerDirector
Rick WoodallDirector
Sue MurrayDirector
Todd LewisDirector
Laura ElsbrockSec/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,996
Program Service Revenue
$32,226
Investment Income
$48,548
Other Revenue
$-4,568
All Other Contributions
$33,000
Change in Net Assets
$56,310
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$109,591
Other Expenses$29,301
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$66,706-$66,706
Other Salaries and Wages-$32,347-$32,347
Payroll Taxes-$7,565-$7,565
Other Expenses$5,927--$5,927
Conferences and Meetings$5,792--$5,792
Advertising$5,426--$5,426
Other Employee Benefits-$2,973-$2,973
Occupancy$1,947--$1,947
Fees for Services Accounting$1,643--$1,643
Depreciation Depletion$1,512--$1,512
Fees for Services Legal$69--$69
Total Functional Expenses$29,301$109,591$0$138,892
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Executive director reviews before filing

Form 990, Part VI, Section C, Line 19

Information supplied upon request

Filing and Contact Details

Filer

Filer Name
Greencastleputnam Co Developmt Cntr Inc
EIN
31-1200993
Phone
7656532474
Address
P O BOX 572, GREENCASTLE, IN 46135

Signing Officer

Name
Todd Lewis
Title
Sec/treasurer
Phone
7656532474
Signed
2016-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Elsbrock
Legal Domicile
In
Voting Board Members
23
Independent Board Members
0
Employees
2
Volunteers
22

Preparer

Firm
Pershing & Company Inc
Address
20 CENTRAL SQUARE, GREENCASTLE, IN 46135
Preparer
David L Faust CPA
Phone
7656534120
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Decrease in endowment -7525.

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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt24PAST PRESIDENT
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt045375
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GovernmentGrantsAmt085996
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt098320
IRS990/GrossReceiptsAmt0263411
IRS990/GrossRentsGrp/RealAmt010696
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03173
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03173
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt094938
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt090505
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012626
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0114015
IRS990/LandBldgEquipBasisNetGrp/EOYAmt059558
IRS990/LandBldgEquipCostOrOtherBssAmt072184
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt052945
IRS990/LessRentalExpensesGrp/RealAmt015264
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ECONOMIC DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0352944
IRS990/NetAssetsOrFundBalancesEOYAmt0408110
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt045375
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt045375
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-4568
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-4568
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01947
IRS990/OccupancyGrp/TotalAmt01947
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-7525
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02973
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02973
IRS990/OtherExpensesGrp/Desc0PROJECT OTHER
IRS990/OtherExpensesGrp/Desc1MISC
IRS990/OtherExpensesGrp/ProgramServicesAmt06985
IRS990/OtherExpensesGrp/ProgramServicesAmt15927
IRS990/OtherExpensesGrp/TotalAmt06985
IRS990/OtherExpensesGrp/TotalAmt15927
IRS990/OtherLiabilitiesGrp/BOYAmt06379
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032347
IRS990/OtherSalariesAndWagesGrp/TotalAmt032347
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07565
IRS990/PayrollTaxesGrp/TotalAmt07565
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LAURA ELSBROCK
IRS990/PriorPeriodAdjustmentsAmt06381
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0OPPORTUNITIES FOR ALL RESIDENTS OF PUTNAM COUNTY AND SURROUNDING AREAS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt056310
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-4568
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0150075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0146300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0162826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0127660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0110733
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0697594
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt081
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0159
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03467
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt010696
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt014414
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014414
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt015022
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt020032
IRS990ScheduleA/OtherIncome170Grp/TotalAmt074578
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89940
IRS990ScheduleA/PublicSupportPY170Pct00.89830
IRS990ScheduleA/PublicSupportTotal170Amt0697594
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0150075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0146300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0162826
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0127660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0110733
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0697594
IRS990ScheduleA/TotalSupportAmt0775639
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02152
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012626
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014778
IRS990ScheduleD/LandGrp/BookValueAmt057406
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt057406
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt090505
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ENDOWMENT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt059558
IRS990ScheduleD/TotalBookValueSecuritiesAmt090505
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR REVIEWS BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INFORMATION SUPPLIED UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECREASE IN ENDOWMENT -7525.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$0.20$0.19$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$0.22$0.19$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.00$0.63$0.18$0.18$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$0.23$0.15$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.00$0.59$0.18$0.15$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.00$0.57$0.17$0.14$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.00$0.54$0.16$0.13$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.00$0.52$0.18$0.12$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.20$0.14$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.01$0.35$0.16$0.15$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.34$0.18$0.16$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$1.50$0.33$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.28$0.13$0.13$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.00$0.27$0.13$0.12$0.01