Civic Intelligence

Whitley County Economic Development Corporation

990 • Fiscal year 2018 • EIN 35-1854496

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 10, 2019

Organization ProfileWHITLEYEDC.COM
220 W Van Buren St Ste 102Columbia City, IN 46725

(260) 244-5506

Siviq Scores

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

Liabilities / Assets

48th percentile

0.02x

Higher debt load relative to assets than 48% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

49th percentile

0.03x

Higher debt load relative to revenue than 49% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Net Margin

26th percentile

-4.6%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

91st percentile

$104,893

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 23.4% of source-year revenue.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2018

Asset Growth

32nd percentile

-2.7%

Faster asset growth than 32% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

62nd percentile

6.7%

Faster revenue growth than 62% of similar nonprofits.

2018 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets48th percentile

Assets

Down

$784,778

Down $21,922 (-2.7%) from 2017

Net Assets

Down

$769,536

Down $20,573 (-2.6%) from 2017

Liabilities

Down

$15,242

Down $1,349 (-8.1%) from 2017

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin26th percentile

Revenue

Up

$449,028

Up $28,108 (+6.7%) from 2017

Expenses

Up

$469,601

Up $76,881 (+20%) from 2017

Net Income

Down

-$20,573

Down $48,773 (-173%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$1.0M$500K$0Assets 2010: $424,438Liabilities 2010: $32,762Net Assets 2010: $391,6762010Assets 2011: $362,994Liabilities 2011: $6,332Net Assets 2011: $356,6622011Assets 2012: $418,447Liabilities 2012: $3,320Net Assets 2012: $415,1272012Assets 2013: $445,794Liabilities 2013: $4,298Net Assets 2013: $441,4962013Assets 2014: $722,130Liabilities 2014: $10,079Net Assets 2014: $712,0512014Assets 2015: $771,447Liabilities 2015: $22,929Net Assets 2015: $748,5182015Assets 2016: $881,522Liabilities 2016: $119,613Net Assets 2016: $761,9092016Assets 2017: $806,700Liabilities 2017: $16,591Net Assets 2017: $790,1092017Assets 2018: $784,778Liabilities 2018: $15,242Net Assets 2018: $769,5362018Assets 2019: $741,710Liabilities 2019: $27,080Net Assets 2019: $714,6302019Assets 2020: $723,129Liabilities 2020: $65,958Net Assets 2020: $657,1712020Assets 2021: $746,084Liabilities 2021: $19,708Net Assets 2021: $726,3762021Assets 2022: $793,725Liabilities 2022: $24,228Net Assets 2022: $769,4972022Assets 2023: $873,845Liabilities 2023: $18,625Net Assets 2023: $855,2202023Assets 2024: $929,290Liabilities 2024: $8,483Net Assets 2024: $920,8072024

Highlighted filing

2018

Assets$784,778
Liabilities$15,242
Net Assets$769,536
Open 2018 Filing

Operations Trend

Revenue Growth62nd percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $338,8142010Expenses 2011: $431,7972011Expenses 2012: $334,4692012Revenue 2013: $446,061Expenses 2013: $419,692Net Income 2013: $26,3692013Revenue 2014: $658,321Expenses 2014: $387,766Net Income 2014: $270,5552014Revenue 2015: $507,161Expenses 2015: $470,694Net Income 2015: $36,4672015Revenue 2016: $402,553Expenses 2016: $458,719Net Income 2016: -$56,1662016Revenue 2017: $420,920Expenses 2017: $392,720Net Income 2017: $28,2002017Revenue 2018: $449,028Expenses 2018: $469,601Net Income 2018: -$20,5732018Revenue 2019: $465,918Expenses 2019: $520,824Net Income 2019: -$54,9062019Revenue 2020: $483,312Expenses 2020: $540,771Net Income 2020: -$57,4592020Revenue 2021: $561,292Expenses 2021: $492,087Net Income 2021: $69,2052021Revenue 2022: $438,133Expenses 2022: $395,012Net Income 2022: $43,1212022Revenue 2023: $452,660Expenses 2023: $366,937Net Income 2023: $85,7232023Revenue 2024: $411,546Expenses 2024: $345,959Net Income 2024: $65,5872024

Highlighted filing

2018

Revenue$449,028
Expenses$469,601
Net Income-$20,573
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 10, 2019
Return Version
2018v3.1
Gross Receipts
$449,413
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$178,958$288,788▲ $109,830
Other Notes and Loans Receivable, Net$126,615$210,035▲ $83,420
Cash and Non-Interest-Bearing Accounts$412,240$201,018▼ $211,222
Accounts Receivable$83,991$78,917▼ $5,074
Land, Buildings, and Equipment, Net$4,896$6,020▲ $1,124
Total Assets$806,700$784,778▼ $21,922
Liabilities
Accounts Payable and Accrued Expenses$16,591$15,242▼ $1,349
Total Liabilities$16,591$15,242▼ $1,349
Net Assets / Fund Balance
Unrestricted Net Assets$417,896$391,735▼ $26,161
Permanently Rstr Net Assets$338,134$377,801▲ $39,667
Temporarily Rstr Net Assets$34,079--
Total Net Assets Fund Balance$790,109$769,536▼ $20,573
Total Liabilities and Net Assets / Fund Balance$806,700$784,778▼ $21,922

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,273$88,139$93,412
Leasehold Improvements$747$5,658$6,405
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan J MyersEdc PresidenFT$100,087$4,806$104,893

Board Members and Trustees

NameTitle
Joseph KessieChair
Brooks LangelohVice Chair
Bill OverdeerDirector
Dan HileDirector
Eric JungDirector
Jim ArgerbrightDirector
Keith SchumanDirector
Rob MarrDirector
Aimee ShimasakiSecretary
Randy HollerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$94,072
Program Service Revenue
$349,459
Investment Income
$5,497
Other Revenue
$0
All Other Contributions
$47,555
Change in Net Assets
$-20,573

Audited Revenue Reconciliation

Revenue per Audited Statements
$449,028
Revenue Not Reported on Form 990
$31,200
Total Revenue per Audited Statements
$480,228
Total Revenue per Form 990
$449,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$270,477
Other Expenses$199,124
Total Fundraising Expense$24,485
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,716$43,737$7,016$118,469
Current Officers, Directors, Trustees, and Key Employees$68,180$31,467$5,247$104,894
Fees for Services Other$29,212$35,050$5,838$70,100
Other Employee Benefits$17,068$9,566$1,557$28,191
Advertising$11,406$8,833$1,457$21,696
Payroll Taxes$9,665$5,370$875$15,910
Office Expenses$7,181$5,562$917$13,660
Fees for Services Accounting-$13,555-$13,555
Other Expenses$6,166$8,000$788$8,000
Information Technology$237$3,456$30$3,723
Travel$1,903$1,473$243$3,619
Conferences and Meetings$1,834$1,421$234$3,489
Pension Plan Contributions$1,685$1,146$182$3,013
Depreciation Depletion-$2,647-$2,647
Insurance-$2,539-$2,539
Fees for Services Legal$787$609$101$1,497
All Other Expenses-$211-$211
Total Functional Expenses$255,743$189,373$24,485$469,601

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$500,801
Expenses per Audited Statements$469,601
Total Expenses per Form 990$469,601
Expenses Not Reported on Form 990$31,200
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Management and the finance committee review a draft of the 990. The form 990 is made available to the board members prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy requires that the members of the governing body sign a statement annually. The statement affirms that the member has received a copy of the policy, has read and understood the policy, agrees to comply with the policy and understands that to maintain the tax-exempt status of the nonprofit, only those activities accomplishing the exempt purpose will be engaged in. The organization will also conduct periodic reviews of compensation arrangements and benefits, and arrangements with management organization to verify consistency with the tax exempt purpose of the nonprofit. The arrangements will be reviewed to insure the arrangement do not result in private inurement, impermissible private benefit or can be characterized as an excess benefit transaction.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Whitley County Economic Development
EIN
35-1854496
Phone
2602445506
Address
220 W VAN BUREN ST STE 102, COLUMBIA CITY, IN 46725

Signing Officer

Name
Joseph Kessie
Title
Chair
Phone
2602445506
Signed
2019-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan J Myers
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
14

Preparer

Firm
Baden Gage & Schroeder LLC
Address
6920 POINTE INVERNESS WAY 300, FORT WAYNE, IN 46804-7926
Preparer
Christine K Hootman CPA
Phone
2604222551
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Knowledge center workshop 8,751 10,500 1,749 lwc management fees 4,730 5,675 945 leadership whitley co. Alumni 313 375 62 redevelopment commission 10,418 12,500 2,082 grant writing/loan funds 5,000 6,000 1,000 total 29,212 35,050 5,838”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization is a tax-exempt not-for-profit organization under section 501(c)(4) of the internal revenue code and is not considered to be a private foundation as determined by the internal revenue service and is not subject to income taxes. The accounting standard that provides guidance on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the organization may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the organization and various positions related to the potential sources of income subject to unrelated business income tax (ubit). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended december 31, 2018 and 2017. The edc files annual information returns in the u.s. Federal jurisdiction and the state of indiana. The edc is generally no longer subject to income tax examination by federal or state agencies for years before 2015.”

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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05562
IRS990/OfficeExpensesGrp/ProgramServicesAmt07181
IRS990/OfficeExpensesGrp/TotalAmt013660
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01557
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09566
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017068
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028191
IRS990/OtherExpensesGrp/Desc0PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS AND MEMBERS
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt0788
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04776
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19955
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28000
IRS990/OtherExpensesGrp/ProgramServicesAmt032703
IRS990/OtherExpensesGrp/ProgramServicesAmt16166
IRS990/OtherExpensesGrp/TotalAmt032703
IRS990/OtherExpensesGrp/TotalAmt111730
IRS990/OtherExpensesGrp/TotalAmt29955
IRS990/OtherExpensesGrp/TotalAmt38000
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07016
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043737
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067716
IRS990/OtherSalariesAndWagesGrp/TotalAmt0118469
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0126615
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0210035
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0875
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05370
IRS990/PayrollTaxesGrp/ProgramServicesAmt09665
IRS990/PayrollTaxesGrp/TotalAmt015910
IRS990/PensionPlanContributionsGrp/FundraisingAmt0182
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01146
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01685
IRS990/PensionPlanContributionsGrp/TotalAmt03013
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0338134
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0377801
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JONATHAN J MYERS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0COUNTY ECONOMIC DEVELOPMENT
IRS990/ProgramServiceRevenueGrp/Desc1LEADERSHIP WHITLEY CTY
IRS990/ProgramServiceRevenueGrp/Desc2OTHER
IRS990/ProgramServiceRevenueGrp/Desc3EDUCATION PROGRAM, REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0310292
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt124776
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28928
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35463
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0310292
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt124776
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28928
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt35463
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt045446
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt06551
IRS990/PYOtherExpensesAmt0158995
IRS990/PYOtherRevenueAmt035000
IRS990/PYProgramServiceRevenueAmt0333923
IRS990/PYRevenuesLessExpensesAmt028200
IRS990/PYSalariesCompEmpBnftPaidAmt0233725
IRS990/PYTotalExpensesAmt0392720
IRS990/PYTotalRevenueAmt0420920
IRS990/ReconcilationRevenueExpnssAmt0-20573
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0178958
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0288788
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt031200
IRS990ScheduleD/DonatedServicesUseFcltsAmt031200
IRS990ScheduleD/EquipmentGrp/BookValueAmt05273
IRS990ScheduleD/EquipmentGrp/DepreciationAmt088139
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt093412
IRS990ScheduleD/ExpensesNotReportedAmt031200
IRS990ScheduleD/ExpensesSubtotalAmt0469601
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0747
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05658
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06405
IRS990ScheduleD/RevenueNotReportedAmt031200
IRS990ScheduleD/RevenueSubtotalAmt0449028
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TAX-EXEMPT NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION AS DETERMINED BY THE INTERNAL REVENUE SERVICE AND IS NOT SUBJECT TO INCOME TAXES. THE ACCOUNTING STANDARD THAT PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017. THE EDC FILES ANNUAL INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF INDIANA. THE EDC IS GENERALLY NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY FEDERAL OR STATE AGENCIES FOR YEARS BEFORE 2015.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06020
IRS990ScheduleD/TotalExpensesPerForm990Amt0469601
IRS990ScheduleD/TotalRevenuePerForm990Amt0449028
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0480228
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0500801
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT AND THE FINANCE COMMITTEE REVIEW A DRAFT OF THE 990. THE FORM 990 IS MADE AVAILABLE TO THE BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY REQUIRES THAT THE MEMBERS OF THE GOVERNING BODY SIGN A STATEMENT ANNUALLY. THE STATEMENT AFFIRMS THAT THE MEMBER HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTOOD THE POLICY, AGREES TO COMPLY WITH THE POLICY AND UNDERSTANDS THAT TO MAINTAIN THE TAX-EXEMPT STATUS OF THE NONPROFIT, ONLY THOSE ACTIVITIES ACCOMPLISHING THE EXEMPT PURPOSE WILL BE ENGAGED IN. THE ORGANIZATION WILL ALSO CONDUCT PERIODIC REVIEWS OF COMPENSATION ARRANGEMENTS AND BENEFITS, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATION TO VERIFY CONSISTENCY WITH THE TAX EXEMPT PURPOSE OF THE NONPROFIT. THE ARRANGEMENTS WILL BE REVIEWED TO INSURE THE ARRANGEMENT DO NOT RESULT IN PRIVATE INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR CAN BE CHARACTERIZED AS AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KNOWLEDGE CENTER WORKSHOP 8,751 10,500 1,749 LWC MANAGEMENT FEES 4,730 5,675 945 LEADERSHIP WHITLEY CO. ALUMNI 313 375 62 REDEVELOPMENT COMMISSION 10,418 12,500 2,082 GRANT WRITING/LOAN FUNDS 5,000 6,000 1,000 TOTAL 29,212 35,050 5,838
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt034079
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0806700
IRS990/TotalAssetsEOYAmt0784778
IRS990/TotalAssetsGrp/BOYAmt0806700
IRS990/TotalAssetsGrp/EOYAmt0784778
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt094072
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024485
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0189373
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0255743
IRS990/TotalFunctionalExpensesGrp/TotalAmt0469601
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016591
IRS990/TotalLiabilitiesEOYAmt015242
IRS990/TotalLiabilitiesGrp/BOYAmt016591
IRS990/TotalLiabilitiesGrp/EOYAmt015242
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0790109
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0769536
IRS990/TotalOtherCompensationAmt04806
IRS990/TotalProgramServiceExpensesAmt0255743
IRS990/TotalProgramServiceRevenueAmt0349459
IRS990/TotalReportableCompFromOrgAmt0100087
IRS990/TotalRevenueGrp/ExclusionAmt05882
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0349074
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0449028
IRS990/TotalVolunteersCnt014
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0806700
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0784778
IRS990/TravelGrp/FundraisingAmt0243
IRS990/TravelGrp/ManagementAndGeneralAmt01473
IRS990/TravelGrp/ProgramServicesAmt01903
IRS990/TravelGrp/TotalAmt03619
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0417896
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0391735
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0220 W VAN BUREN ST STE 102
IRS990/USAddress/CityNm0COLUMBIA CITY
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046725
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WHITLEYEDC.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH KESSIE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum02602445506

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$784,778
Liabilities
$15,242
Net assets
$769,536
Revenue
$449,028
Expenses
$469,601
Net income
-$20,573
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.29$0.08$9.21$4.12$3.46$0.66
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.74$0.19$8.55$4.53$3.67$0.86
2022Detailed filing. Detailed filing data is available for this year.$7.94$0.24$7.69$4.38$3.95$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.46$0.20$7.26$5.61$4.92$0.69
2020Detailed filing. Detailed filing data is available for this year.$7.23$0.66$6.57$4.83$5.41$0.57
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.42$0.27$7.15$4.66$5.21$0.55
2018Detailed filing. Detailed filing data is available for this year.$7.85$0.15$7.70$4.49$4.70$0.21
2017Detailed filing. Detailed filing data is available for this year.$8.07$0.17$7.90$4.21$3.93$0.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.82$1.20$7.62$4.03$4.59$0.56
2015Detailed filing. Detailed filing data is available for this year.$7.71$0.23$7.49$5.07$4.71$0.36
2014Detailed filing. Detailed filing data is available for this year.$7.22$0.10$7.12$6.58$3.88$2.71
2013Detailed filing. Detailed filing data is available for this year.$4.46$0.04$4.41$4.46$4.20$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$0.03$4.15$3.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.63$0.06$3.57$4.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.33$3.92$3.39