Civic Intelligence

Daviess County Economic Development Foundation Inc.

990 • Fiscal year 2018 • EIN 35-2219605

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 16, 2019

PO Box 191Washington, IN 47501

(812) 254-1500

Siviq Scores

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

Liabilities / Assets

79th percentile

0.63x

Higher debt load relative to assets than 79% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

16.05x

Higher debt load relative to revenue than 98% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

6th percentile

-30%

Higher net margin than 6% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

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

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

9th percentile

-9.0%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-75%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Down

$25,921,601

Down $2,568,778 (-9.0%) from 2017

Net Assets

Down

$9,581,792

Down $308,215 (-3.1%) from 2017

Liabilities

Down

$16,339,809

Down $2,260,563 (-12%) from 2017

Revenue

Down

$1,018,097

Down $3,096,679 (-75%) from 2017

Expenses

Up

$1,326,312

Up $212,630 (+19%) from 2017

Net Income

Down

-$308,215

Down $3,309,309 (-110%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $5,946,145Liabilities 2010: $4,627Net Assets 2010: $5,941,5182010Assets 2011: $10,953,816Liabilities 2011: $4,731,016Net Assets 2011: $6,222,8002011Assets 2012: $10,803,092Liabilities 2012: $4,595,822Net Assets 2012: $6,207,2702012Assets 2013: $13,458,469Liabilities 2013: $6,498,031Net Assets 2013: $6,960,4382013Assets 2014: $15,955,428Liabilities 2014: $9,058,648Net Assets 2014: $6,896,7802014Assets 2015: $20,216,579Liabilities 2015: $13,107,843Net Assets 2015: $7,108,7362015Assets 2016: $25,903,368Liabilities 2016: $19,014,455Net Assets 2016: $6,888,9132016Assets 2017: $28,490,379Liabilities 2017: $18,600,372Net Assets 2017: $9,890,0072017Assets 2018: $25,921,601Liabilities 2018: $16,339,809Net Assets 2018: $9,581,7922018Assets 2019: $24,147,222Liabilities 2019: $13,906,957Net Assets 2019: $10,240,2652019Assets 2020: $23,412,646Liabilities 2020: $12,611,638Net Assets 2020: $10,801,0082020Assets 2021: $21,542,213Liabilities 2021: $9,908,427Net Assets 2021: $11,633,7862021Assets 2022: $20,819,856Liabilities 2022: $8,538,093Net Assets 2022: $12,281,7632022Assets 2023: $17,992,630Liabilities 2023: $8,759,408Net Assets 2023: $9,233,2222023Assets 2024: $13,390,352Liabilities 2024: $7,024,032Net Assets 2024: $6,366,3202024

Highlighted filing

2018

Assets$25,921,601
Liabilities$16,339,809
Net Assets$9,581,792

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $546,3612010Expenses 2011: $453,1212011Expenses 2012: $805,0302012Revenue 2013: $1,791,675Expenses 2013: $1,038,507Net Income 2013: $753,1682013Revenue 2014: $854,907Expenses 2014: $918,567Net Income 2014: -$63,6602014Revenue 2015: $1,327,225Expenses 2015: $1,115,269Net Income 2015: $211,9562015Revenue 2016: $1,330,157Expenses 2016: $1,549,280Net Income 2016: -$219,1232016Revenue 2017: $4,114,776Expenses 2017: $1,113,682Net Income 2017: $3,001,0942017Revenue 2018: $1,018,097Expenses 2018: $1,326,312Net Income 2018: -$308,2152018Revenue 2019: $1,661,919Expenses 2019: $1,003,446Net Income 2019: $658,4732019Revenue 2020: $1,525,565Expenses 2020: $964,822Net Income 2020: $560,7432020Revenue 2021: $1,842,581Expenses 2021: $1,009,803Net Income 2021: $832,7782021Revenue 2022: $1,463,139Expenses 2022: $815,162Net Income 2022: $647,9772022Revenue 2023: -$2,314,179Expenses 2023: $695,117Net Income 2023: -$3,009,2962023Revenue 2024: -$1,410,486Expenses 2024: $1,456,416Net Income 2024: -$2,866,9022024

Highlighted filing

2018

Revenue$1,018,097
Expenses$1,326,312
Net Income-$308,215
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 16, 2019
Return Version
2018v3.1
Gross Receipts
$4,383,340
Mission and Program Overview

Mission

Job training & workforce development programs

Exclusively to benefit, carry out, and perform the exclusively charitable, scientific, and educational purposes of the "supported organization"

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,014,903$19,325,948▼ $2,688,955
Other Notes and Loans Receivable, Net$3,683,957$3,317,221▼ $366,736
Investments Program Related$2,336,779$2,658,473▲ $321,694
Savings and Temporary Cash Investments$361,666$371,838▲ $10,172
Cash and Non-Interest-Bearing Accounts$90,599$245,671▲ $155,072
Total Assets$28,490,379$25,921,601▼ $2,568,778
Other Assets Total$2,475$2,450▼ $25
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,144,917$15,884,185▼ $2,260,732
Deferred Revenue$454,295$454,106▼ $189
Accounts Payable and Accrued Expenses$1,160$1,518▲ $358
Total Liabilities$18,600,372$16,339,809▼ $2,260,563
Net Assets / Fund Balance
Unrestricted Net Assets$9,876,883$9,573,928▼ $302,955
Temporarily Rstr Net Assets$13,124$7,864▼ $5,260
Total Net Assets Fund Balance$9,890,007$9,581,792▼ $308,215
Total Liabilities and Net Assets / Fund Balance$28,490,379$25,921,601▼ $2,568,778

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$15,346,734$1,699,606$17,046,340
Land$3,941,301-$3,941,301
Leasehold Improvements$37,913$135,000$172,913
Investment Program Related Org$2,658,473--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael ChestnutPresident
Mike HealyVice-president
Kathy HavillSecretary
Tony DuncheonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$356,150
Program Service Revenue
$93,919
Investment Income
$-266,070
Other Revenue
$834,098
All Other Contributions
$6,150
Change in Net Assets
$-308,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,034,794
Grants and Similar Amounts Paid$220,788
Salaries, Compensation, and Employee Benefits$70,730
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$522,437--$522,437
Grants to Domestic Orgs$220,788--$220,788
Occupancy$152,388--$152,388
Depreciation Depletion$92,303--$92,303
Other Salaries and Wages$64,153--$64,153
Advertising$42,243--$42,243
Fees for Services Other$24,089--$24,089
Fees for Services Legal$19,453--$19,453
Travel$11,989--$11,989
Other Expenses$10,983--$10,983
Fees for Services Management$9,220--$9,220
Office Expenses$6,374--$6,374
Payroll Taxes$5,115--$5,115
Other Employee Benefits$1,462--$1,462
Total Functional Expenses$1,326,312$0$0$1,326,312
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of WashingtonWashington, IN-Transfer Ownership of Public Roadway After Construction on Private Property-
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

President reviews tax return.

Form 990, Part VI, Section C, Line 19

Anyone can contact the president and request the organization's records to be reviewed at the accountant's office.

Filing and Contact Details

Filer

Filer Name
Daviess County Economic Development
EIN
35-2219605
Phone
8122541500
Address
PO BOX 191, WASHINGTON, IN 47501

Signing Officer

Name
Michael Chestnut
Title
President
Phone
8126987298
Signed
2019-08-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Chestnut
Formed
2003
Legal Domicile
In
Voting Board Members
16
Independent Board Members
16
Employees
3
Volunteers
0

Preparer

Firm
Kemper CPA Group Llp
Address
PO BOX 501, WASHINGTON, IN 47501
Preparer
Anthony R Showalter
Phone
8122540938
Raw XML AppendixShowing 400 of 419 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01160
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01518
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0EXCLUSIVELY TO BENEFIT, CARRY OUT, AND PERFORM THE EXCLUSIVELY CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES OF THE "SUPPORTED ORGANIZATION"
IRS990/AdvertisingGrp/ProgramServicesAmt042243
IRS990/AdvertisingGrp/TotalAmt042243
IRS990/AllOtherContributionsAmt06150
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEMPER CPA GROUP LLP
IRS990/BooksInCareOfDetail/PhoneNum08122540938
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0414 SOUTH STATE RD 57
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd047501
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt090599
IRS990/CashNonInterestBearingGrp/EOYAmt0245671
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0356150
IRS990/CYGrantsAndSimilarPaidAmt0220788
IRS990/CYInvestmentIncomeAmt0-266070
IRS990/CYOtherExpensesAmt01034794
IRS990/CYOtherRevenueAmt0834098
IRS990/CYProgramServiceRevenueAmt093919
IRS990/CYRevenuesLessExpensesAmt0-308215
IRS990/CYSalariesCompEmpBnftPaidAmt070730
IRS990/CYTotalExpensesAmt01326312
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01018097
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0454295
IRS990/DeferredRevenueGrp/EOYAmt0454106
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt092303
IRS990/DepreciationDepletionGrp/TotalAmt092303
IRS990/Desc0JOB TRAINING & WORKFORCE DEVELOPMENT PROGRAMS
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01326312
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt019453
IRS990/FeesForServicesLegalGrp/TotalAmt019453
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt09220
IRS990/FeesForServicesManagementGrp/TotalAmt09220
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt024089
IRS990/FeesForServicesOtherGrp/TotalAmt024089
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL CHESTNUT
IRS990/Form990PartVIISectionAGrp/PersonNm1MIKE HEALY
IRS990/Form990PartVIISectionAGrp/PersonNm2TONY DUNCHEON
IRS990/Form990PartVIISectionAGrp/PersonNm3KATHY HAVILL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-523550
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt0350000
IRS990/GrantAmt0220788
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0220788
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0220788
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02369934
IRS990/GrossReceiptsAmt04383340
IRS990/GrossRentsGrp/RealAmt0989452
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ProgramServicesAmt0522437
IRS990/InterestGrp/TotalAmt0522437
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0257480
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0257480
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02336779
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02658473
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01834606
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022014903
IRS990/LandBldgEquipBasisNetGrp/EOYAmt019325948
IRS990/LandBldgEquipCostOrOtherBssAmt021160554
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02893484
IRS990/LessRentalExpensesGrp/RealAmt0471759
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0JOB TRAINING & WORKFORCE DEVELOPMENT PROGRAMS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt018144917
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015884185
IRS990/NetAssetsOrFundBalancesBOYAmt09890007
IRS990/NetAssetsOrFundBalancesEOYAmt09581792
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-523550
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-523550
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0517693
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0517693
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0152388
IRS990/OccupancyGrp/TotalAmt0152388
IRS990/OfficeExpensesGrp/ProgramServicesAmt06374
IRS990/OfficeExpensesGrp/TotalAmt06374
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02475
IRS990/OtherAssetsTotalGrp/EOYAmt02450
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01462
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01462
IRS990/OtherExpensesGrp/Desc0YOUNG PROFESSIONALS PRO
IRS990/OtherExpensesGrp/Desc1PROJECTS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3BI-CENTENNIAL COMMITTEE
IRS990/OtherExpensesGrp/ProgramServicesAmt060268
IRS990/OtherExpensesGrp/ProgramServicesAmt152551
IRS990/OtherExpensesGrp/ProgramServicesAmt230496
IRS990/OtherExpensesGrp/ProgramServicesAmt310983
IRS990/OtherExpensesGrp/TotalAmt060268
IRS990/OtherExpensesGrp/TotalAmt152551
IRS990/OtherExpensesGrp/TotalAmt230496
IRS990/OtherExpensesGrp/TotalAmt310983
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1611710
IRS990/OtherRevenueMiscGrp/Desc0ST CAP GAIN B&O REDEVELOPMENT PAR
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0316370
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt135
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0316370
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135
IRS990/OtherRevenueTotalAmt0316405
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt064153
IRS990/OtherSalariesAndWagesGrp/TotalAmt064153
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03683957
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03317221
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt05115
IRS990/PayrollTaxesGrp/TotalAmt05115
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL CHESTNUT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAMS/SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt093919
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt093919
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0397433
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0632554
IRS990/PYOtherExpensesAmt01008372
IRS990/PYOtherRevenueAmt02995534
IRS990/PYProgramServiceRevenueAmt089255
IRS990/PYRevenuesLessExpensesAmt03001094
IRS990/PYSalariesCompEmpBnftPaidAmt0105310
IRS990/PYTotalExpensesAmt01113682
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04114776
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-308215
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0517693
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0661947
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0361666
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0371838
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION HAS A GOVERNING BODY WHICH REPRESENTS THE BROAD INTEREST OF THE PUBLIC AND IS COMPRISED OF PUBLIC OFFICIALS ACTING IN THEIR CAPACITIES SUCH AS THE MAYOR OF WASHINGTON, THE MAYOR OF MONTGOMERY , A DAVIESS COUNTY COUNCIL MEMBER, AND A DAVIESS COUNTY COMMISSIONER. THE ORGANIZATION NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM GOVERNMENT UNITS (DAVIESS COUNTY, INDIANA AND THE CITY OF WASHINGTON, INDIANA) AND FROM CONTRIBUTIONS MADE DIRECTLY BY THE GENERAL PUBLIC. SUPPORT FROM THESE SOURCES CONTINUOUSLY RUN MORE THAN 20% OF THE ORGANIZATION'S TOTAL SUPPORT. PUBLIC SUPPORT HAS FALLEN SHORT OF 33 AND 1/3% FOR A COUPLE YEARS DUE TO FRONT LOADED RENTS ON A LONG TERM LEASE. THE SUPPORT FROM THE GOVERNMENTAL UNITS ARE ONGOING AND ARE USED TO PROMOTE ECONOMIC DEVELOPMENT IN THE DAVIESS COUNTY, INDIANA AREA. THE CONTRIBUTIONS FROM THE GENERAL PUBLIC ARE USED TO PROMOTE EDUCATION IN THE DAVIESS COUNTY, INDIANA AREA.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0356150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0397432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0439540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0305327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0311977
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01810426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0775173
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0839184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0837971
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0981345
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0819382
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04253055
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.29860
IRS990ScheduleA/PublicSupportPY170Pct00.26120
IRS990ScheduleA/PublicSupportTotal170Amt01810426
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0356150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0397432
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0439540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0305327
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0311977
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01810426
IRS990ScheduleA/TotalSupportAmt06063481
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt015346734
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01699606
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt017046340
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt02658473
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN B&O REDEVELOPMENT PARTNERS LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt03941301
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03941301
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt037913
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0135000
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0172913
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019325948
IRS990ScheduleD/TotalBookValueProgramRltdAmt02658473
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0220787
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0ROADWAY TO WAREHOUSE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TRANSFER OWNERSHIP OF PUBLIC ROADWAY AFTER CONSTRUCTION ON PRIVATE PROPERTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0200 HARNED AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd047501
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0COST
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT REVIEWS TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANYONE CAN CONTACT THE PRESIDENT AND REQUEST THE ORGANIZATION'S RECORDS TO BE REVIEWED AT THE ACCOUNTANT'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COMMON MEMBERS AND BOARD OF DIRECTORS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DAVIESS COUNTY ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0351810212
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EXPAND ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0MAIN STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd047501
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt013124
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt07864
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt028490379
IRS990/TotalAssetsEOYAmt025921601
IRS990/TotalAssetsGrp/BOYAmt028490379
IRS990/TotalAssetsGrp/EOYAmt025921601
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0356150
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01326312
IRS990/TotalFunctionalExpensesGrp/TotalAmt01326312
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt018600372
IRS990/TotalLiabilitiesEOYAmt016339809
IRS990/TotalLiabilitiesGrp/BOYAmt018600372
IRS990/TotalLiabilitiesGrp/EOYAmt016339809
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09890007
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09581792
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01326312
IRS990/TotalProgramServiceRevenueAmt093919
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0661947
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01018097
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt028490379
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt025921601
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt011989
IRS990/TravelGrp/TotalAmt011989
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09876883
IRS990/UnrestrictedNetAssetsGrp/EOYAmt09573928
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt034 MORNINGSIDE DRIVE
IRS990/USAddress/CityNm0WASHINGTON
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047501
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CHESTNUT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08126987298
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DAVIESS COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0352219605
ReturnHeader/Filer/PhoneNum08122541500
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 191
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047501
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId068A2EADC8F7418E4D577C6D1AA16B68C7AEF0865
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId035465F26D8202C21F5471A95842388856B1FF83F

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.4$7.02$6.37$1.41$1.46$2.87
2023Detailed filing. Detailed filing data is available for this year.$18.0$8.76$9.23$2.31$0.70$3.01
2022Detailed filing. Detailed filing data is available for this year.$20.8$8.54$12.3$1.46$0.82$0.65
2021Detailed filing. Detailed filing data is available for this year.$21.5$9.91$11.6$1.84$1.01$0.83
2020Detailed filing. Detailed filing data is available for this year.$23.4$12.6$10.8$1.53$0.96$0.56
2019Detailed filing. Detailed filing data is available for this year.$24.1$13.9$10.2$1.66$1.00$0.66
2018Detailed filing. Detailed filing data is available for this year.$25.9$16.3$9.58$1.02$1.33$0.31
2017Detailed filing. Detailed filing data is available for this year.$28.5$18.6$9.89$4.11$1.11$3.00
2016Detailed filing. Detailed filing data is available for this year.$25.9$19.0$6.89$1.33$1.55$0.22
2015Detailed filing. Detailed filing data is available for this year.$20.2$13.1$7.11$1.33$1.12$0.21
2014Detailed filing. Detailed filing data is available for this year.$16.0$9.06$6.90$0.85$0.92$0.06
2013Detailed filing. Detailed filing data is available for this year.$13.5$6.50$6.96$1.79$1.04$0.75
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$4.60$6.21$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$4.73$6.22$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.95$0.00$5.94$0.55