Civic Intelligence

Whitley County Economic Development Corporation

990 • Fiscal year 2019 • EIN 35-1854496

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 12, 2020

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

53rd percentile

0.04x

Higher debt load relative to assets than 53% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

53rd percentile

0.06x

Higher debt load relative to revenue than 53% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Net Margin

17th percentile

-12%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$114,856

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 24.7% of source-year revenue.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2019

Asset Growth

18th percentile

-5.5%

Faster asset growth than 18% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

54th percentile

3.8%

Faster revenue growth than 54% of similar nonprofits.

2019 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Down

$741,710

Down $43,068 (-5.5%) from 2018

Net Assets

Down

$714,630

Down $54,906 (-7.1%) from 2018

Liabilities

Up

$27,080

Up $11,838 (+78%) from 2018

Revenue And Expenses
Liabilities / Revenue53rd percentileNet Margin17th percentile

Revenue

Up

$465,918

Up $16,890 (+3.8%) from 2018

Expenses

Up

$520,824

Up $51,223 (+11%) from 2018

Net Income

Down

-$54,906

Down $34,333 (-167%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth18th 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

2019

Assets$741,710
Liabilities$27,080
Net Assets$714,630
Open 2019 Filing

Operations Trend

Revenue Growth54th 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

2019

Revenue$465,918
Expenses$520,824
Net Income-$54,906
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 12, 2020
Return Version
2019v5.0
Gross Receipts
$465,918
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$201,018$265,717▲ $64,699
Other Notes and Loans Receivable, Net$210,035$256,991▲ $46,956
Savings and Temporary Cash Investments$288,788$132,439▼ $156,349
Accounts Receivable$78,917$82,233▲ $3,316
Land, Buildings, and Equipment, Net$6,020$3,451▼ $2,569
Prepaid Expenses and Deferred Charges-$879-
Total Assets$784,778$741,710▼ $43,068
Liabilities
Accounts Payable and Accrued Expenses$15,242$20,532▲ $5,290
Deferred Revenue-$6,548-
Total Liabilities$15,242$27,080▲ $11,838
Net Assets / Fund Balance
Net Assets With Donor Restrictions$377,801$410,957▲ $33,156
Net Assets Without Donor Restrictions$391,735$303,673▼ $88,062
Total Net Assets Fund Balance$769,536$714,630▼ $54,906
Total Liabilities and Net Assets / Fund Balance$784,778$741,710▼ $43,068

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,131$88,987$92,118
Leasehold Improvements$320$6,085$6,405
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jonathan J MyersEdc PresidenFT$94,591$20,265$114,856

Board Members and Trustees

NameTitle
Joseph KessieChair
Brooks LangelohVice Chair
Bill OverdeerDirector
Dr Brandon PenrodDirector
Eric JungDirector
Lisa SmithDirector
Rob MarrDirector
Jim ArgerbrightSecretary
Randy HollerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$117,947
Program Service Revenue
$338,349
Investment Income
$9,622
Other Revenue
$0
All Other Contributions
$84,407
Change in Net Assets
$-54,906

Audited Revenue Reconciliation

Revenue per Audited Statements
$465,918
Revenue Not Reported on Form 990
$31,200
Total Revenue per Audited Statements
$497,118
Total Revenue per Form 990
$465,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$291,910
Other Expenses$195,103
Grants and Similar Amounts Paid$33,811
Total Fundraising Expense$27,658
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$81,116$50,836$8,177$140,129
Current Officers, Directors, Trustees, and Key Employees$74,656$34,456$5,743$114,855
Fees for Services Other$28,480$37,670$7,350$73,500
Grants to Domestic Orgs$33,811--$33,811
Advertising$12,295$10,504$1,916$24,715
Payroll Taxes$10,176$5,653$921$16,750
Other Employee Benefits$9,352$6,242$999$16,593
Office Expenses$4,926$4,432$768$10,126
Fees for Services Accounting-$8,437-$8,437
Other Expenses$3,871$3,307$603$7,781
Conferences and Meetings$2,565$2,192$400$5,157
Travel$2,297$1,963$358$4,618
Pension Plan Contributions$2,036$1,333$214$3,583
All Other Expenses-$3,156-$3,156
Insurance-$3,007-$3,007
Depreciation Depletion-$2,808-$2,808
Information Technology$1,344$1,148$209$2,701
Fees for Services Legal-$1,467-$1,467
Total Functional Expenses$296,291$196,875$27,658$520,824

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$552,024
Expenses per Audited Statements$520,824
Total Expenses per Form 990$520,824
Expenses Not Reported on Form 990$31,200
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Columbia City High SchoolColumbia City, INGovWelding Program$33,811
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 35% controlled entity
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
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 the organization's management to verify consistency with the tax exempt purpose of the nonprofit. The arrangements will be reviewed to insure the arrangement does 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
Brooks Langeloh
Title
Vice Chair
Phone
2602445506
Signed
2020-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dale Buuck
Voting Board Members
9
Independent Board Members
9
Employees
5
Volunteers
10

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 8,137 10,763 2,100 lwc management fees 5,619 7,431 1,450 redevelopment commission 9,687 12,813 2,500 speaker 387 513 100 grant writing/loan funds 4,650 6,150 1,200 total 28,480 37,670 7,350”

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, 2019 and 2018. 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 2016.”

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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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IRS990/OfficeExpensesGrp/TotalAmt010126
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0999
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06242
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt09352
IRS990/OtherEmployeeBenefitsGrp/TotalAmt016593
IRS990/OtherExpensesGrp/Desc0PROJECT EXPENSES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/FundraisingAmt0603
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18264
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23307
IRS990/OtherExpensesGrp/ProgramServicesAmt029366
IRS990/OtherExpensesGrp/ProgramServicesAmt13871
IRS990/OtherExpensesGrp/TotalAmt029366
IRS990/OtherExpensesGrp/TotalAmt110000
IRS990/OtherExpensesGrp/TotalAmt28264
IRS990/OtherExpensesGrp/TotalAmt37781
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08177
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt050836
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt081116
IRS990/OtherSalariesAndWagesGrp/TotalAmt0140129
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0210035
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0256991
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0921
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05653
IRS990/PayrollTaxesGrp/ProgramServicesAmt010176
IRS990/PayrollTaxesGrp/TotalAmt016750
IRS990/PensionPlanContributionsGrp/FundraisingAmt0214
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01333
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02036
IRS990/PensionPlanContributionsGrp/TotalAmt03583
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0879
IRS990/PrincipalOfficerNm0DALE BUUCK
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/Desc2EDUCATION PROGRAM, REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0314294
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112502
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28557
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0314294
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112502
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28557
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32996
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt094072
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05497
IRS990/PYOtherExpensesAmt0199124
IRS990/PYProgramServiceRevenueAmt0349459
IRS990/PYRevenuesLessExpensesAmt0-20573
IRS990/PYSalariesCompEmpBnftPaidAmt0270477
IRS990/PYTotalExpensesAmt0469601
IRS990/PYTotalRevenueAmt0449028
IRS990/ReconcilationRevenueExpnssAmt0-54906
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0344897
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0288788
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0132439
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt031200
IRS990ScheduleD/DonatedServicesUseFcltsAmt031200
IRS990ScheduleD/EquipmentGrp/BookValueAmt03131
IRS990ScheduleD/EquipmentGrp/DepreciationAmt088987
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt092118
IRS990ScheduleD/ExpensesNotReportedAmt031200
IRS990ScheduleD/ExpensesSubtotalAmt0520824
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0320
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06085
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06405
IRS990ScheduleD/RevenueNotReportedAmt031200
IRS990ScheduleD/RevenueSubtotalAmt0465918
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, 2019 AND 2018. 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 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03451
IRS990ScheduleD/TotalExpensesPerForm990Amt0520824
IRS990ScheduleD/TotalRevenuePerForm990Amt0465918
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0497118
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0552024
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt033811
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0WELDING PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0COLUMBIA CITY HIGH SCHOOL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01600 IN-9
IRS990ScheduleI/RecipientTable/USAddress/CityNm0COLUMBIA CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd046725
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 THE ORGANIZATION'S MANAGEMENT TO VERIFY CONSISTENCY WITH THE TAX EXEMPT PURPOSE OF THE NONPROFIT. THE ARRANGEMENTS WILL BE REVIEWED TO INSURE THE ARRANGEMENT DOES 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 8,137 10,763 2,100 LWC MANAGEMENT FEES 5,619 7,431 1,450 REDEVELOPMENT COMMISSION 9,687 12,813 2,500 SPEAKER 387 513 100 GRANT WRITING/LOAN FUNDS 4,650 6,150 1,200 TOTAL 28,480 37,670 7,350
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/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0784778
IRS990/TotalAssetsEOYAmt0741710
IRS990/TotalAssetsGrp/BOYAmt0784778
IRS990/TotalAssetsGrp/EOYAmt0741710
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0117947
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt027658
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0196875
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0296291
IRS990/TotalFunctionalExpensesGrp/TotalAmt0520824
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015242
IRS990/TotalLiabilitiesEOYAmt027080
IRS990/TotalLiabilitiesGrp/BOYAmt015242
IRS990/TotalLiabilitiesGrp/EOYAmt027080
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0769536
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0714630
IRS990/TotalOtherCompensationAmt020265
IRS990/TotalProgramServiceExpensesAmt0296291
IRS990/TotalProgramServiceRevenueAmt0338349
IRS990/TotalReportableCompFromOrgAmt094591
IRS990/TotalRevenueGrp/ExclusionAmt09622
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0338349
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0465918
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0784778
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0741710
IRS990/TravelGrp/FundraisingAmt0358
IRS990/TravelGrp/ManagementAndGeneralAmt01963
IRS990/TravelGrp/ProgramServicesAmt02297
IRS990/TravelGrp/TotalAmt04618
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0220 W VAN BUREN ST STE102
IRS990/USAddress/CityNm0COLUMBIA CITY
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046725
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WHITLEYEDC.COM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$741,710
Liabilities
$27,080
Net assets
$714,630
Revenue
$465,918
Expenses
$520,824
Net income
-$54,906
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
2019Detailed filing. Detailed filing data is available for this year.$7.42$0.27$7.15$4.66$5.21$0.55
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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