Civic Intelligence

Posey County Economic Development Partnership Inc

990EZ • Fiscal year 2019 • EIN 35-1691299

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 03, 2021

Organization Profilewww.pcedp.com
231 A Main StMount Vernon, IN 47620

(812) 838-6500

Siviq Scores

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

Liabilities / Assets

51st percentile

0.00x

Higher debt load relative to assets than 51% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

55th percentile

0.01x

Higher debt load relative to revenue than 55% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

72nd percentile

12%

Higher net margin than 72% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

61st percentile

8.2%

Faster asset growth than 61% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$321,358

Up $24,410 (+8.2%) from 2018

Net Assets

Up

$319,945

Up $22,997 (+7.7%) from 2018

Liabilities

Up

$1,413

Up $1,413 from 2018

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin72nd percentile

Revenue

Down

$187,254

Down $47,453 (-20%) from 2018

Expenses

Down

$164,257

Down $27,548 (-14%) from 2018

Net Income

Down

$22,997

Down $19,905 (-46%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$400K$300K$200K$100K$0Assets 2018: $296,948Liabilities 2018: $0Net Assets 2018: $296,9482018Assets 2019: $321,358Liabilities 2019: $1,413Net Assets 2019: $319,9452019Assets 2020: $324,533Liabilities 2020: $1,429Net Assets 2020: $323,1042020Assets 2021: $352,894Liabilities 2021: $1,426Net Assets 2021: $351,4682021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2019

Assets$321,358
Liabilities$1,413
Net Assets$319,945
Open 2019 Filing

Operations Trend

Revenue Growth16th percentile

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

$400K$200K$0-$200KRevenue 2018: $234,707Expenses 2018: $191,805Net Income 2018: $42,9022018Revenue 2019: $187,254Expenses 2019: $164,257Net Income 2019: $22,9972019Revenue 2020: $158,355Expenses 2020: $155,196Net Income 2020: $3,1592020Revenue 2021: $156,217Expenses 2021: $127,853Net Income 2021: $28,3642021Revenue 2022: $858Expenses 2022: $179,342Net Income 2022: -$178,4842022

Highlighted filing

2019

Revenue$187,254
Expenses$164,257
Net Income$22,997
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 3, 2021
Return Version
2019v5.1
Gross Receipts
$187,254
Mission and Program Overview

Mission

Economic development in Posey Co IN

Program Services

DescriptionGrantsExpenses
Retention and expansion of local businesses, attracting of new businesses to Posey County, and local entrepeneurial development-$171,516
Compensation and Service Providers
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joe NeidigPresident-$0--
Shelia NaabVice President-$0--
M Michelle HudsonSecretary Treasurer-$0--
Jim AlsopDirector-$0--
Bruce BakerDirector-$0--
Jon HouchinsDirector-$0--
Carl SchmitzDirector-$0--
Ralph WeinzapfelDirector-$0--
Larry WilliamsDirector-$0--
Phil WilzbacherDirector-$0--
Filing and Contact Details

Filer

Filer Name
Posey County Economic Development Partnership Inc
EIN
35-1691299
Address
231 A Main St, Mount Vernon, IN 47620

Signing Officer

Name
Joe Neidig
Title
President
Phone
8128386500
Signed
2021-04-03
Discuss with paid preparer
Yes

Preparer

Firm
Schneider & Evans LLC
Address
833 E 4th St, Mount Vernon, IN 47620
Preparer
Irene A Evans
Phone
8128389733
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountBank fee 2Annual dinner 9,164Exec Director business expenses 3,197Marketing and advertising 14,023Insurance 2,431Shared Chamber Personnel 15,839Office expenses 4,872Special project expenses 1,601Meals and travel 46Other administrative expenses 10,328Legal and Accounting 2,522Prior period adjustment (7,259)”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearCredit card payable 0 1,413”

Raw XML Appendix157 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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ReturnHeader/ReturnTs02021-04-07T13:01:22-04:00
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
$321,358
Liabilities
$1,413
Net assets
$319,945
Revenue
$187,254
Expenses
$164,257
Net income
$22,997
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$1.79$1.78
2021Detailed filing. Detailed filing data is available for this year.$3.53$0.01$3.51$1.56$1.28$0.28
2020Detailed filing. Detailed filing data is available for this year.$3.25$0.01$3.23$1.58$1.55$0.03
2019Detailed filing. Detailed filing data is available for this year.$3.21$0.01$3.20$1.87$1.64$0.23
2018Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$2.35$1.92$0.43