Civic Intelligence

Middletown Area Development Enterprises

990EZ • Fiscal year 2015 • EIN 31-6040364

Jan 01, 2015 to Dec 31, 2015 • Filed on May 31, 2016

Organization ProfileN/A
1500 Central AvenueMiddletown, OH 45044

(513) 422-4551

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

1st percentile

-267%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

42nd percentile

-0.7%

Faster asset growth than 42% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$427,750

Down $2,990 (-0.7%) from 2014

Net Assets

Down

$427,750

Down $2,990 (-0.7%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin1st percentile

Revenue

Down

$1,120

Down $470 (-30%) from 2014

Expenses

Up

$4,110

Up $2,085 (+103%) from 2014

Net Income

Down

-$2,990

Down $2,555 (-587%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

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

$600K$400K$200K$0Assets 2010: $427,669Net Assets 2010: $427,6692010Assets 2012: $430,880Net Assets 2012: $430,8802012Assets 2013: $431,175Liabilities 2013: $0Net Assets 2013: $431,1752013Assets 2014: $430,740Liabilities 2014: $0Net Assets 2014: $430,7402014Assets 2015: $427,750Liabilities 2015: $0Net Assets 2015: $427,7502015Assets 2016: $425,426Liabilities 2016: $0Net Assets 2016: $425,4262016Assets 2017: $516,701Liabilities 2017: $0Net Assets 2017: $516,7012017Assets 2018: $510,846Liabilities 2018: $0Net Assets 2018: $510,8462018Assets 2019: $512,837Liabilities 2019: $0Net Assets 2019: $512,8372019Assets 2020: $508,789Liabilities 2020: $0Net Assets 2020: $508,7892020Assets 2021: $541,976Liabilities 2021: $0Net Assets 2021: $541,9762021Assets 2022: $543,385Liabilities 2022: $0Net Assets 2022: $543,3852022Assets 2025: $599,055Liabilities 2025: $0Net Assets 2025: $599,0552025

Highlighted filing

2015

Assets$427,750
Liabilities$0
Net Assets$427,750
Open 2015 Filing

Operations Trend

Revenue Growth10th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $137,894Expenses 2010: $9,575Net Income 2010: $128,3192010Revenue 2012: $2,610Expenses 2012: $2,010Net Income 2012: $6002012Revenue 2013: $2,183Expenses 2013: $1,888Net Income 2013: $2952013Revenue 2014: $1,590Expenses 2014: $2,025Net Income 2014: -$4352014Revenue 2015: $1,120Expenses 2015: $4,110Net Income 2015: -$2,9902015Revenue 2016: $421Expenses 2016: $2,745Net Income 2016: -$2,3242016Revenue 2017: $104,937Expenses 2017: $13,662Net Income 2017: $91,2752017Revenue 2018: $3,039Expenses 2018: $8,894Net Income 2018: -$5,8552018Revenue 2019: $3,161Expenses 2019: $1,170Net Income 2019: $1,9912019Revenue 2020: $1,452Expenses 2020: $5,500Net Income 2020: -$4,0482020Revenue 2021: $33,584Expenses 2021: $397Net Income 2021: $33,1872021Revenue 2022: $1,709Expenses 2022: $300Net Income 2022: $1,4092022Revenue 2025: $18,002Expenses 2025: $449Net Income 2025: $17,5532025

Highlighted filing

2015

Revenue$1,120
Expenses$4,110
Net Income-$2,990
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 31, 2016
Return Version
2015v2.1
Gross Receipts
$1,120
Mission and Program Overview

Mission

The organization holds industrial land to sell in order to promote growth & development in the middletown area

To promote growth & development of industries for the middletown area.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION HOLDS INDUSTRIAL LAND TO SELL IN ORDER TO PROMOTE GROWTH & DEVELOPMENT OF INDUSTY IN THE MIDDLETOWN AREA.$0$0
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIM ABBOTTTrustee-$0--
CHRIS BERGSTrustee-$0--
TOM BLAKEPresident-$0--
RICK PEARCESecretary/Treasurer-$0--
KEN COHENTrustee-$0--
MIKE DICKERSONTrustee-$0--
THOMAS SWOPEVice President-$0--
JOHN DICKERSONTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Middletown Area Development Enterprises
EIN
31-6040364
Phone
5134224551
Address
1500 CENTRAL AVENUE, MIDDLETOWN, OH 45044

Signing Officer

Name
Richard M Pearce
Title
Treasurer
Phone
5134224551
Signed
2016-05-31
Discuss with paid preparer
Yes

Preparer

Firm
Clark Schaefer Hackett & Co
Address
10100 INNOVATION DR SUITE 400, DAYTON, OH 45342
Preparer
Stephanie R Pyles CPA
Phone
9372260070
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 1,120.”

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

“Description: property taxes. Amount: 1,344. Description: insurance expense. Amount: 500. Description: bank fees. Amount: 8. Description: miscellaneous. Amount: 1,358. Total to form 990-ez, line 16: 3,210.”

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

“Description: real estate held for sale. Beg. Of year amount: 123,939. End of year amount: 123,939. Description: other depreciable assets. Beg. Of year amount: 105. End of year amount: 105.”

Raw XML Appendix137 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANN BANKS
IRS990EZ/BooksInCareOfDetail/PhoneNum05134224551
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01500 CENTRAL AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIDDLETOWN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd045044
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0306696
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0303706
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-2990
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0900
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0430740
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0427750
IRS990EZ/GrossReceiptsAmt01120
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InvestmentIncomeAmt01120
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0430740
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0427750
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0430740
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0427750
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt63.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIM ABBOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRIS BERGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TOM BLAKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3RICK PEARCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KEN COHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MIKE DICKERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6THOMAS SWOPE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JOHN DICKERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY/TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0124044
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0124044
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03210
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE GROWTH & DEVELOPMENT OF INDUSTRIES FOR THE MIDDLETOWN AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION HOLDS INDUSTRIAL LAND TO SELL IN ORDER TO PROMOTE GROWTH & DEVELOPMENT OF INDUSTY IN THE MIDDLETOWN AREA.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt04110
IRS990EZ/TotalRevenueAmt01120
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 1,120.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROPERTY TAXES. AMOUNT: 1,344. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 500. DESCRIPTION: BANK FEES. AMOUNT: 8. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,358. TOTAL TO FORM 990-EZ, LINE 16: 3,210.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: REAL ESTATE HELD FOR SALE. BEG. OF YEAR AMOUNT: 123,939. END OF YEAR AMOUNT: 123,939. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 105. END OF YEAR AMOUNT: 105.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD M PEARCE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05134224551
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIDDLETOWN AREA DEVELOPMENT ENTERPRISES
ReturnHeader/Filer/BusinessNameControlTxt0MIDD
ReturnHeader/Filer/EIN0316040364
ReturnHeader/Filer/PhoneNum05134224551
ReturnHeader/Filer/USAddress/AddressLine1Txt01500 CENTRAL AVENUE
ReturnHeader/Filer/USAddress/CityNm0MIDDLETOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd045044
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0310800053
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLARK SCHAEFER HACKETT & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010100 INNOVATION DR SUITE 400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DAYTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045342
ReturnHeader/PreparerPersonGrp/PhoneNum09372260070
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHANIE R PYLES CPA
ReturnHeader/ReturnTs02016-06-09T08:34:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$427,750
Liabilities
$0
Net assets
$427,750
Revenue
$1,120
Expenses
$4,110
Net income
-$2,990
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.99$0.00$5.99$0.18$0.00$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.43$0.00$5.43$0.02$0.00$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.42$0.00$5.42$0.34$0.00$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.09$0.00$5.09$0.01$0.06$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.13$0.00$5.13$0.03$0.01$0.02
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$0.00$5.11$0.03$0.09$0.06
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.17$0.00$5.17$1.05$0.14$0.91
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$0.00$4.25$0.00$0.03$0.02
2015Detailed filing. Detailed filing data is available for this year.$4.28$0.00$4.28$0.01$0.04$0.03
2014Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$0.02$0.02$0.00
2013Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$0.02$0.02$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.31$4.31$0.03$0.02$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.28$4.28$1.38$0.10$1.28