Civic Intelligence

Revitalize & Develop East Moline Inc

990 • Fiscal year 2016 • EIN 36-3815927

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 20, 2017

1523 8th StreetEast Moline, IL 61244

(309) 755-8751

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

Higher debt load relative to assets than 18% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

74th percentile

14%

Higher net margin than 74% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

56th percentile

$75,000

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 38.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

54th percentile

2.2%

Faster asset growth than 54% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-10%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,277,871

Up $27,876 (+2.2%) from 2015

Net Assets

Up

$1,275,355

Up $27,876 (+2.2%) from 2015

Liabilities

Flat

$2,516

Flat from 2015

Revenue

Down

$196,263

Down $22,600 (-10%) from 2015

Expenses

Up

$168,387

Up $4,509 (+2.8%) from 2015

Net Income

Down

$27,876

Down $27,109 (-49%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $1,028,591Liabilities 2012: $2,007Net Assets 2012: $1,026,5842012Assets 2013: $1,131,601Liabilities 2013: $2,000Net Assets 2013: $1,129,6012013Assets 2014: $1,194,561Liabilities 2014: $2,067Net Assets 2014: $1,192,4942014Assets 2015: $1,249,995Liabilities 2015: $2,516Net Assets 2015: $1,247,4792015Assets 2016: $1,277,871Liabilities 2016: $2,516Net Assets 2016: $1,275,3552016Assets 2017: $1,253,027Liabilities 2017: $2,826Net Assets 2017: $1,250,2012017Assets 2018: $1,303,161Liabilities 2018: $2,096Net Assets 2018: $1,301,0652018Assets 2019: $1,348,749Liabilities 2019: $2,462Net Assets 2019: $1,346,2872019Assets 2020: $1,344,073Liabilities 2020: $2,396Net Assets 2020: $1,341,6772020Assets 2021: $1,352,953Liabilities 2021: $2,396Net Assets 2021: $1,350,5572021Assets 2022: $1,284,308Liabilities 2022: $2,396Net Assets 2022: $1,281,9122022Assets 2023: $954,225Liabilities 2023: $3,149Net Assets 2023: $951,0762023Assets 2024: $887,857Liabilities 2024: $3,589Net Assets 2024: $884,2682024

Highlighted filing

2016

Assets$1,277,871
Liabilities$2,516
Net Assets$1,275,355

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2012: $113,9062012Revenue 2013: $237,104Expenses 2013: $134,087Net Income 2013: $103,0172013Revenue 2014: $197,898Expenses 2014: $135,005Net Income 2014: $62,8932014Revenue 2015: $218,863Expenses 2015: $163,878Net Income 2015: $54,9852015Revenue 2016: $196,263Expenses 2016: $168,387Net Income 2016: $27,8762016Revenue 2017: $190,281Expenses 2017: $215,435Net Income 2017: -$25,1542017Revenue 2018: $218,355Expenses 2018: $167,491Net Income 2018: $50,8642018Revenue 2019: $202,349Expenses 2019: $157,127Net Income 2019: $45,2222019Revenue 2020: $154,780Expenses 2020: $159,390Net Income 2020: -$4,6102020Revenue 2021: $194,641Expenses 2021: $185,761Net Income 2021: $8,8802021Revenue 2022: $110,030Expenses 2022: $178,675Net Income 2022: -$68,6452022Revenue 2023: -$156,710Expenses 2023: $174,126Net Income 2023: -$330,8362023Revenue 2024: $82,233Expenses 2024: $149,041Net Income 2024: -$66,8082024

Highlighted filing

2016

Revenue$196,263
Expenses$168,387
Net Income$27,876
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 20, 2017
Return Version
2016v3.0
Gross Receipts
$196,263
Mission and Program Overview

Mission

To promote commercial, industrial, and recreational development that enhances both the tax base and the quality of life in east moline; provide financial assistance to and encourage businesses to locate in identified project areas; target businesses which will provide training for unemployed or underemployed individuals and secure unsafe properties in economically depressed areas; and offer sites on favorable terms to new or existing businesses.

To promote commercial, industrial and recreational development that enhances both the tax base and the quality of life in east moline; provide financial assistance to and encourage businesses to locate in identified project areas; target businesses which will provide training for unemployed or underemployed individuals and secure unsafe properties in economically depressed areas; and offfer sites on favorable terms to new or existing businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$800,050$836,507▲ $36,457
Land, Buildings, and Equipment, Net$413,895$413,895→ $0
Cash and Non-Interest-Bearing Accounts$36,050$27,469▼ $8,581
Total Assets$1,249,995$1,277,871▲ $27,876
Liabilities
Accounts Payable and Accrued Expenses$2,516$2,516→ $0
Total Liabilities$2,516$2,516→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,247,479$1,275,355▲ $27,876
Total Net Assets Fund Balance$1,247,479$1,275,355▲ $27,876
Total Liabilities and Net Assets / Fund Balance$1,249,995$1,277,871▲ $27,876

Asset Categories

AssetBook ValueDepreciationBasis
Land$413,895--
Equipment$0$4,691-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tim KnanishuExecutive Vice PresidentPT$75,000$75,000

Board Members and Trustees

NameTitle
Terry BrahmPast President
Jay MorrowPresident
Carl Freeman JrDirector
Dr Bettie TruitDirector
Greg TheisDirector
Jennifer GarrityDirector
Larry AndersonDirector
Robert BaeckeDirector
Tadd GriffithDirector
Terry WestbrookDirector
Kurt DonnellySecretary and Vice Preside
Nancy GreerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$99,800
Program Service Revenue
$0
Investment Income
$5,696
Other Revenue
$90,767
All Other Contributions
$99,800
Change in Net Assets
$27,876

Audited Revenue Reconciliation

Revenue per Audited Statements
$196,263
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$196,263
Total Revenue per Form 990
$196,263
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$87,649
Salaries, Compensation, and Employee Benefits$80,738
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$60,000$15,000-$75,000
Payroll Taxes$4,590$1,148-$5,738
Insurance-$4,260-$4,260
Fees for Services Accounting-$3,975-$3,975
Office Expenses-$3,392-$3,392
Other Expenses$2,766--$2,766
Fees for Services Legal-$2,131-$2,131
Travel-$2,120-$2,120
Total Functional Expenses$136,361$32,026$0$168,387

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$168,387
Total Expenses per Audited Statements$168,387
Total Expenses per Form 990$168,387
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

MEMBERS

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

Reviewed by the audit committee and then reviewed by the entire board.

Form 990, Part VI, Section B, Line 12C

Discussed at board meeting and then reviewed by executive committee.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Revitalize & Develop East Moline Inc
EIN
36-3815927
Phone
3097558751
Address
1523 8TH STREET, EAST MOLINE, IL 61244

Signing Officer

Name
Tim Knanishu
Title
Executive Vice President
Phone
3097558751
Signed
2017-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Knanishu
Formed
1991
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
1
Volunteers
0

Preparer

Firm
Carpentier Mitchell Goddard & Co LLC
Address
4915 21ST AVENUE A, MOLINE, IL 61265
Preparer
James E Taylor
Phone
3097623626
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Process has not changed from prior year.

Raw XML AppendixShowing 400 of 425 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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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0129300
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01990
IRS990/PYOtherExpensesAmt083140
IRS990/PYOtherRevenueAmt087573
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt054985
IRS990/PYSalariesCompEmpBnftPaidAmt080738
IRS990/PYTotalExpensesAmt0163878
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0218863
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt027876
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt090767
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0800050
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0836507
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt099800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0129300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0110300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0116000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt092300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0547700
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05696
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01990
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01955
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01822
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01737
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013200
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0469913
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97650
IRS990ScheduleA/PublicSupportPY170Pct00.98400
IRS990ScheduleA/PublicSupportTotal170Amt0547700
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt099800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0129300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0110300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0116000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt092300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0547700
IRS990ScheduleA/TotalSupportAmt0560900
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/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04691
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt04691
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0168387
IRS990ScheduleD/LandGrp/BookValueAmt0413895
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0413895
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0196263
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0413895
IRS990ScheduleD/TotalExpensesPerForm990Amt0168387
IRS990ScheduleD/TotalRevenuePerForm990Amt0196263
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0196263
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0168387
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY THE AUDIT COMMITTEE AND THEN REVIEWED BY THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DISCUSSED AT BOARD MEETING AND THEN REVIEWED BY EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01249995
IRS990/TotalAssetsEOYAmt01277871
IRS990/TotalAssetsGrp/BOYAmt01249995
IRS990/TotalAssetsGrp/EOYAmt01277871
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt099800
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032026
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0136361
IRS990/TotalFunctionalExpensesGrp/TotalAmt0168387
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02516
IRS990/TotalLiabilitiesEOYAmt02516
IRS990/TotalLiabilitiesGrp/BOYAmt02516
IRS990/TotalLiabilitiesGrp/EOYAmt02516
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01247479
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01275355
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0136361
IRS990/TotalReportableCompFromOrgAmt075000
IRS990/TotalRevenueGrp/ExclusionAmt05696
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt090767
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0196263
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01249995
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01277871
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt02120
IRS990/TravelGrp/TotalAmt02120
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01247479
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01275355
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01523 8TH STREET
IRS990/USAddress/CityNm0EAST MOLINE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061244
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM KNANISHU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03097558751
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REVITALIZE & DEVELOP EAST MOLINE INC
ReturnHeader/Filer/BusinessNameControlTxt0REVI
ReturnHeader/Filer/EIN0363815927

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