Civic Intelligence

Warren County Local Economic Development

990EZ • Fiscal year 2022 • EIN 35-2148564

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 27, 2023

31 N Monroe StreetWilliamsport, IN 47993

(765) 762-6055

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.01x

Higher debt load relative to assets than 52% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.02x

Higher debt load relative to revenue than 60% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

15th percentile

-26%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$87,712

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 51.4% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

32nd percentile

-8.4%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-1.9%

Faster revenue growth than 33% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$490,727

Down $45,105 (-8.4%) from 2021

Net Assets

Down

$487,257

Down $44,554 (-8.4%) from 2021

Liabilities

Down

$3,470

Down $551 (-14%) from 2021

Revenue

Down

$170,714

Down $3,362 (-1.9%) from 2021

Expenses

Up

$215,912

Up $68,652 (+47%) from 2021

Net Income

Down

-$45,198

Down $72,014 (-269%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2015: $490,748Liabilities 2015: $43,991Net Assets 2015: $446,7572015Assets 2016: $471,282Liabilities 2016: $25,234Net Assets 2016: $446,0482016Assets 2017: $486,983Liabilities 2017: $18,737Net Assets 2017: $468,2462017Assets 2018: $475,389Liabilities 2018: $4,330Net Assets 2018: $471,0592018Assets 2019: $467,448Liabilities 2019: $4,021Net Assets 2019: $463,4272019Assets 2020: $509,016Liabilities 2020: $4,021Net Assets 2020: $504,9952020Assets 2021: $535,832Liabilities 2021: $4,021Net Assets 2021: $531,8112021Assets 2022: $490,727Liabilities 2022: $3,470Net Assets 2022: $487,2572022Assets 2023: $513,126Liabilities 2023: $2,502Net Assets 2023: $510,6242023Assets 2024: $761,644Liabilities 2024: $1,704Net Assets 2024: $759,9402024

Highlighted filing

2022

Assets$490,727
Liabilities$3,470
Net Assets$487,257

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $159,876Expenses 2015: $136,163Net Income 2015: $23,7132015Revenue 2016: $65,277Expenses 2016: $65,986Net Income 2016: -$7092016Revenue 2017: $94,176Expenses 2017: $71,978Net Income 2017: $22,1982017Revenue 2018: $67,575Expenses 2018: $64,762Net Income 2018: $2,8132018Revenue 2019: $65,484Expenses 2019: $73,116Net Income 2019: -$7,6322019Revenue 2020: $116,967Expenses 2020: $75,399Net Income 2020: $41,5682020Revenue 2021: $174,076Expenses 2021: $147,260Net Income 2021: $26,8162021Revenue 2022: $170,714Expenses 2022: $215,912Net Income 2022: -$45,1982022Revenue 2023: $318,950Expenses 2023: $296,523Net Income 2023: $22,4272023Revenue 2024: $468,935Expenses 2024: $280,233Net Income 2024: $188,7022024

Highlighted filing

2022

Revenue$170,714
Expenses$215,912
Net Income-$45,198
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 27, 2023
Return Version
2022v5.0
Gross Receipts
$170,714
Mission and Program Overview

Mission

Promote business in warren county including workforce development and progressive local development and provide low-interest loans for small business support.

Program Services

DescriptionGrantsExpenses
PROVIDE CENTRALIZED COORDINATION OF BUSINESS AND EXPAND INFRASTRUCTURE FOR THE COUNTY. ATTEND AND HOST MEETINGS WITH LOCAL, REGIONAL, AND STATE ORGANIZATIONS. ADMINISTER REVOLVING LOAN PROGRAM FOR SMALL BUSINESSES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BEN DISPENNETTExecutive DiFT$87,712-$87,712
DAN DUCHEMINPresident-$0--
KAITY EBERHARDTVice Preside-$0--
JOHN COMERTreasurer-$0--
STEVE EBERLYDirector-$0--
BURT ETCHISONDirector-$0--
DAVE SERIEDirector-$0--
JANE CRAIGINDirector-$0--
Filing and Contact Details

Filer

Filer Name
Warren County Local Economic
EIN
35-2148564
Phone
7657626055
Address
31 N MONROE STREET, WILLIAMSPORT, IN 47993

Signing Officer

Name
Ben Dispennett
Title
Executive Director
Phone
7657626055
Signed
2023-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Huth Thompson Llp
Address
PO BOX 970, LAFAYETTE, IN 47902-0970
Preparer
Kimberley R Morisette
Phone
7654285000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous income 3,200 total 3,200

Form 990-ez, Part I, Line 16

Expenses marketing 7,630 memberships 2,295 phone/cell phone 1,104 office supplies 2,034 web support 2,954 travel/mileage 2,399 insurance expense 1,898 director training expense 490 board development 215 other expenses 1,941 total 22,960

Form 990-ez, Part I, Line 20

Prior period adjustment 644

Form 990-ez, Part II, Line 24

Accounts receivable 0 3,470 4,021 0 total 4,021 3,470

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 4,021 3,470

Form 990-ez, Part III

Promote business in warren county including workforce development and progressive local development and provide low-interest loans for small business support.

Raw XML Appendix139 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WILLIAMSPORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd047993
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt0487257
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IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0487257
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BURT ETCHISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DAVE SERIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JANE CRAIGIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE BUSINESS IN WARREN COUNTY INCLUDING WORKFORCE DEVELOPMENT AND PROGRESSIVE LOCAL DEVELOPMENT AND PROVIDE LOW-INTEREST LOANS FOR SMALL BUSINESS SUPPORT.
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME 3,200 TOTAL 3,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES MARKETING 7,630 MEMBERSHIPS 2,295 PHONE/CELL PHONE 1,104 OFFICE SUPPLIES 2,034 WEB SUPPORT 2,954 TRAVEL/MILEAGE 2,399 INSURANCE EXPENSE 1,898 DIRECTOR TRAINING EXPENSE 490 BOARD DEVELOPMENT 215 OTHER EXPENSES 1,941 TOTAL 22,960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT 644
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 0 3,470 4,021 0 TOTAL 4,021 3,470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNSECURED NOTES AND LOANS PAYABLE 4,021 3,470
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROMOTE BUSINESS IN WARREN COUNTY INCLUDING WORKFORCE DEVELOPMENT AND PROGRESSIVE LOCAL DEVELOPMENT AND PROVIDE LOW-INTEREST LOANS FOR SMALL BUSINESS SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0BEN DISPENNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07657626055
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WARREN COUNTY LOCAL ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT ORGANIZATION
ReturnHeader/Filer/BusinessNameControlTxt0WARR
ReturnHeader/Filer/EIN0352148564
ReturnHeader/Filer/PhoneNum07657626055
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAFAYETTE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0479020970
ReturnHeader/PreparerPersonGrp/PhoneNum07654285000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KIMBERLEY R MORISETTE
ReturnHeader/ReturnTs02023-11-10T10:03:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DISPENNETT
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings