Civic Intelligence

Greater Norfolk Economic Development Foundation Inc.

990 • Fiscal year 2020 • EIN 36-3441719

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 15, 2021

Organization ProfileN/A
609 W Norfolk AveNorfolk, NE 68701

(402) 844-2264

Siviq Scores

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

Liabilities / Assets

84th percentile

0.68x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

4.79x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

86th percentile

38%

Higher net margin than 86% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

68th percentile

15%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

55%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$6,705,552

Up $866,737 (+15%) from 2019

Net Assets

Up

$2,139,365

Up $361,394 (+20%) from 2019

Liabilities

Up

$4,566,187

Up $505,343 (+12%) from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin86th percentile

Revenue

Up

$952,985

Up $336,440 (+55%) from 2019

Expenses

Up

$591,594

Up $406,695 (+220%) from 2019

Net Income

Down

$361,391

Down $70,255 (-16%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$15M$10M$5.0M$0Assets 2010: $1,841,571Liabilities 2010: $1,483,051Net Assets 2010: $358,5202010Assets 2011: $1,567,743Liabilities 2011: $1,123,854Net Assets 2011: $443,8892011Assets 2012: $1,576,081Liabilities 2012: $1,119,933Net Assets 2012: $456,1482012Assets 2013: $1,587,548Liabilities 2013: $1,122,194Net Assets 2013: $465,3542013Assets 2014: $1,554,891Liabilities 2014: $1,111,505Net Assets 2014: $443,3862014Assets 2015: $1,770,111Liabilities 2015: $915,246Net Assets 2015: $854,8652015Assets 2016: $1,698,437Liabilities 2016: $678,731Net Assets 2016: $1,019,7062016Assets 2017: $1,797,206Liabilities 2017: $600,000Net Assets 2017: $1,197,2062017Assets 2018: $1,948,856Liabilities 2018: $602,532Net Assets 2018: $1,346,3242018Assets 2019: $5,838,815Liabilities 2019: $4,060,844Net Assets 2019: $1,777,9712019Assets 2020: $6,705,552Liabilities 2020: $4,566,187Net Assets 2020: $2,139,3652020Assets 2021: $11,167,245Liabilities 2021: $7,841,261Net Assets 2021: $3,325,9842021Assets 2022: $9,485,734Liabilities 2022: $7,544,528Net Assets 2022: $1,941,2062022Assets 2023: $9,312,439Liabilities 2023: $7,461,344Net Assets 2023: $1,851,0952023Assets 2024: $8,974,752Liabilities 2024: $7,381,375Net Assets 2024: $1,593,3772024

Highlighted filing

2020

Assets$6,705,552
Liabilities$4,566,187
Net Assets$2,139,365
Open 2020 Filing

Operations Trend

Revenue Growth89th percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $710,8792010Expenses 2011: $558,6172011Expenses 2012: $194,6172012Revenue 2013: $190,035Expenses 2013: $180,829Net Income 2013: $9,2062013Revenue 2014: $266,368Expenses 2014: $288,337Net Income 2014: -$21,9692014Revenue 2015: $666,352Expenses 2015: $254,874Net Income 2015: $411,4782015Revenue 2016: $390,719Expenses 2016: $225,877Net Income 2016: $164,8422016Revenue 2017: $235,667Expenses 2017: $58,169Net Income 2017: $177,4982017Revenue 2018: $196,011Expenses 2018: $46,893Net Income 2018: $149,1182018Revenue 2019: $616,545Expenses 2019: $184,899Net Income 2019: $431,6462019Revenue 2020: $952,985Expenses 2020: $591,594Net Income 2020: $361,3912020Revenue 2021: $1,617,503Expenses 2021: $430,741Net Income 2021: $1,186,7622021Revenue 2022: $800,725Expenses 2022: $2,185,125Net Income 2022: -$1,384,4002022Revenue 2023: $1,274,311Expenses 2023: $1,364,423Net Income 2023: -$90,1122023Revenue 2024: $549,096Expenses 2024: $806,815Net Income 2024: -$257,7192024

Highlighted filing

2020

Revenue$952,985
Expenses$591,594
Net Income$361,391
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 15, 2021
Return Version
2020v4.1
Gross Receipts
$952,985
Mission and Program Overview

Mission

Provide support to develop education, recreation, the local economy and other issues affecting the community in the future.

Provide programs to promote development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,888,057$3,796,054▼ $92,003
Inventories for Sale or Use$1,309,678$1,960,361▲ $650,683
Cash and Non-Interest-Bearing Accounts$641,739$947,449▲ $305,710
Accounts Receivable$-659$1,688▲ $2,347
Total Assets$5,838,815$6,705,552▲ $866,737
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,030,935$4,558,207▲ $527,272
Accounts Payable and Accrued Expenses$29,909$7,980▼ $21,929
Total Liabilities$4,060,844$4,566,187▲ $505,343
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,777,971$2,139,365▲ $361,394
Total Net Assets Fund Balance$1,777,971$2,139,365▲ $361,394
Total Liabilities and Net Assets / Fund Balance$5,838,815$6,705,552▲ $866,737

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,988,794$453,921$3,442,715
Land$659,308-$659,308
Other Land Buildings$147,952$151,670$299,622
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Russ WilcoxPresident
Ron SchmidtVice-President
Dan SprayDirector
Josh MoenningDirector
Mike FloodDirector
Mike SousekDirector
Stephen SundermanDirector
Tim TigheDirector
Jim BradfordSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$111,989
Program Service Revenue
$840,996
Investment Income
$0
Other Revenue
$0
All Other Contributions
$88,500
Change in Net Assets
$361,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$503,094
Grants and Similar Amounts Paid$88,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$122,585--$122,585
Depreciation Depletion$92,004--$92,004
Grants to Domestic Individuals$88,500--$88,500
Occupancy$73,130--$73,130
Fees for Services Accounting-$14,614-$14,614
Fees for Services Management$6,000--$6,000
Office Expenses-$227-$227
Fees for Services Other-$150-$150
Other Expenses$1,253$10-$10
Total Functional Expenses$576,593$15,001$0$591,594
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
Annual disclosure for covered persons
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, Part VI, Section B, line 11B

“A copy of the Form 990 was given to the governing body to review before it was filed.”

Form 990, Part VI, Section C, line 19

“The governing documents are made available upon request at the organization's office.”

Filing and Contact Details

Filer

Filer Name
Greater Norfolk Economic Development
EIN
36-3441719
Phone
4028442264
Address
609 W Norfolk Ave, Norfolk, NE 68701

Signing Officer

Name
Russ Wilcox
Title
President
Phone
4028442264
Signed
2021-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Russ Wilcox
Formed
1986
Legal Domicile
Ne
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
McMill CPA PC
Address
PO Box 1264, Norfolk, NE 68702
Preparer
Melissa Holan CPA
Phone
4023711160
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Rounding 3.”

Raw XML AppendixShowing 400 of 442 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/BOYAmt029909
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07980
IRS990/AccountsReceivableGrp/BOYAmt0-659
IRS990/AccountsReceivableGrp/EOYAmt01688
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Provide programs to promote development.
IRS990/AllOtherContributionsAmt088500
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Jeny Albin
IRS990/BooksInCareOfDetail/PhoneNum04023714862
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0609 W Norfolk Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Norfolk
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068701
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0641739
IRS990/CashNonInterestBearingGrp/EOYAmt0947449
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0111989
IRS990/CYGrantsAndSimilarPaidAmt088500
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0503094
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0840996
IRS990/CYRevenuesLessExpensesAmt0361391
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0591594
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0952985
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt092004
IRS990/DepreciationDepletionGrp/TotalAmt092004
IRS990/Desc0Provide support to develop education, recreation, the local economy and other issues affecting the community in the future.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0576593
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt014614
IRS990/FeesForServicesAccountingGrp/TotalAmt014614
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt06000
IRS990/FeesForServicesManagementGrp/TotalAmt06000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0150
IRS990/FeesForServicesOtherGrp/TotalAmt0150
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0Russ Wilcox
IRS990/Form990PartVIISectionAGrp/PersonNm1Jim Bradford
IRS990/Form990PartVIISectionAGrp/PersonNm2Ron Schmidt
IRS990/Form990PartVIISectionAGrp/PersonNm3Josh Moenning
IRS990/Form990PartVIISectionAGrp/PersonNm4Mike Flood
IRS990/Form990PartVIISectionAGrp/PersonNm5Stephen Sunderman
IRS990/Form990PartVIISectionAGrp/PersonNm6Mike Sousek
IRS990/Form990PartVIISectionAGrp/PersonNm7Dan Spray
IRS990/Form990PartVIISectionAGrp/PersonNm8Tim Tighe
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt023489
IRS990/GrantAmt088500
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt088500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt088500
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0952985
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ProgramServicesAmt0122585
IRS990/InterestGrp/TotalAmt0122585
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01309678
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01960361
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0605591
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03888057
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03796054
IRS990/LandBldgEquipCostOrOtherBssAmt04401645
IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Provide support to develop education, recreation, the local economy and other issues affecting the community in the future.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04030935
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt04558207
IRS990/NetAssetsOrFundBalancesBOYAmt01777971
IRS990/NetAssetsOrFundBalancesEOYAmt02139365
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01777971
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02139365
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt073130
IRS990/OccupancyGrp/TotalAmt073130
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0227
IRS990/OfficeExpensesGrp/TotalAmt0227
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt03
IRS990/OtherExpensesGrp/Desc0Cost of lots sold
IRS990/OtherExpensesGrp/Desc1Orphan Grain Train Expe
IRS990/OtherExpensesGrp/Desc2Economic Development Bl
IRS990/OtherExpensesGrp/Desc3Miscellaneous expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010
IRS990/OtherExpensesGrp/ProgramServicesAmt0185720
IRS990/OtherExpensesGrp/ProgramServicesAmt17401
IRS990/OtherExpensesGrp/ProgramServicesAmt21253
IRS990/OtherExpensesGrp/TotalAmt0185720
IRS990/OtherExpensesGrp/TotalAmt17401
IRS990/OtherExpensesGrp/TotalAmt21253
IRS990/OtherExpensesGrp/TotalAmt310
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Russ Wilcox
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0Lease/Rental Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Bradford Business Park
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0485396
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1355600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0485396
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1355600
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0312250
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0184899
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0304295
IRS990/PYRevenuesLessExpensesAmt0431646
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0184899
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0616545
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0361391
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0840996
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0111989
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0312250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0424239
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt09
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0840996
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0304295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0196011
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0196686
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0390710
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01928698
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt09
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt05717
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05717
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99760
IRS990ScheduleA/PublicSupportPY509Pct00.99680
IRS990ScheduleA/PublicSupportTotal509Amt02352937
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0952985
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0616545
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0196011
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0196686
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0390710
IRS990ScheduleA/Total509Grp/TotalAmt02352937
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0952985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0616545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0196011
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0202403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0390719
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02358663
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt02988794
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0453921
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03442715
IRS990ScheduleD/LandGrp/BookValueAmt0659308
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0659308
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0147952
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0151670
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0299622
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03796054
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt088500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0"Grow Norfolk" initiative
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt081
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization received donations that were then distributed to approved businesses that applied to participate in the "Grow Norfolk" initiative, which matched 1.5 times the total of gift certificates sold within an allotted time frame up to a pre-determined amount. The businesses had to provide proof that the certificates were sold. The program was targeted to assist small businesses and stimulate the Madison County Economy.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the Form 990 was given to the governing body to review before it was filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The governing documents are made available upon request at the organization's office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Rounding 3.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Norfolk Area Chamber of Commerce
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Norfolk Area Chamber of Commerce Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0470253970
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1271441871
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Benefit members through various programs.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Dedication to charitable activities and community development activities
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0609 W Norfolk Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1609 W Norfolk Ave
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Norfolk
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1Norfolk
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd068701
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd168701
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05838815
IRS990/TotalAssetsEOYAmt06705552
IRS990/TotalAssetsGrp/BOYAmt05838815
IRS990/TotalAssetsGrp/EOYAmt06705552
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0111989
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015001
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0576593
IRS990/TotalFunctionalExpensesGrp/TotalAmt0591594
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04060844
IRS990/TotalLiabilitiesEOYAmt04566187
IRS990/TotalLiabilitiesGrp/BOYAmt04060844
IRS990/TotalLiabilitiesGrp/EOYAmt04566187
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01777971
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02139365
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0576593
IRS990/TotalProgramServiceRevenueAmt0840996
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0840996
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0952985
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05838815
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06705552
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,705,552
Liabilities
$4,566,187
Net assets
$2,139,365
Revenue
$952,985
Expenses
$591,594
Net income
$361,391
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.97$7.38$1.59$0.55$0.81$0.26
2023Detailed filing. Detailed filing data is available for this year.$9.31$7.46$1.85$1.27$1.36$0.09
2022Detailed filing. Detailed filing data is available for this year.$9.49$7.54$1.94$0.80$2.19$1.38
2021Detailed filing. Detailed filing data is available for this year.$11.2$7.84$3.33$1.62$0.43$1.19
2020Detailed filing. Detailed filing data is available for this year.$6.71$4.57$2.14$0.95$0.59$0.36
2019Detailed filing. Detailed filing data is available for this year.$5.84$4.06$1.78$0.62$0.18$0.43
2018Detailed filing. Detailed filing data is available for this year.$1.95$0.60$1.35$0.20$0.05$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.80$0.60$1.20$0.24$0.06$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.70$0.68$1.02$0.39$0.23$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.77$0.92$0.85$0.67$0.25$0.41
2014Detailed filing. Detailed filing data is available for this year.$1.55$1.11$0.44$0.27$0.29$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.59$1.12$0.47$0.19$0.18$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$1.12$0.46$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$1.12$0.44$0.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$1.48$0.36$0.71