Civic Intelligence

Bloomer Shipper Railway Redevelopment League

990 • Fiscal year 2018 • EIN 37-1145314

Jun 01, 2017 to May 31, 2018 • Filed on Sep 09, 2018

Organization ProfileN/A
1306 W8th StreetGibson City, IL 60936

(800) 222-2451

Siviq Scores

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

Liabilities / Assets

59th percentile

0.24x

Higher debt load relative to assets than 59% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

97th percentile

1.69x

Higher debt load relative to revenue than 97% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

95th percentile

37%

Higher net margin than 95% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

34th percentile

-1.9%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-9.3%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$4,079,545

Down $81,011 (-1.9%) from 2017

Net Assets

Up

$3,114,876

Up $208,245 (+7.2%) from 2017

Liabilities

Down

$964,669

Down $289,256 (-23%) from 2017

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin95th percentile

Revenue

Down

$570,189

Down $58,329 (-9.3%) from 2017

Expenses

Down

$361,944

Down $4,690 (-1.3%) from 2017

Net Income

Down

$208,245

Down $53,639 (-20%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $4,186,785Liabilities 2016: $1,542,038Net Assets 2016: $2,644,7472016Assets 2017: $4,160,556Liabilities 2017: $1,253,925Net Assets 2017: $2,906,6312017Assets 2018: $4,079,545Liabilities 2018: $964,669Net Assets 2018: $3,114,8762018Assets 2019: $3,991,226Liabilities 2019: $674,235Net Assets 2019: $3,316,9912019Assets 2020: $3,839,357Liabilities 2020: $382,588Net Assets 2020: $3,456,7692020Assets 2021: $4,230,811Liabilities 2021: $777,863Net Assets 2021: $3,452,9482021Assets 2022: $7,156,078Liabilities 2022: $3,945,509Net Assets 2022: $3,210,5692022Assets 2023: $7,617,356Liabilities 2023: $3,830,000Net Assets 2023: $3,787,3562023Assets 2024: $7,720,833Liabilities 2024: $3,630,000Net Assets 2024: $4,090,8332024Assets 2025: $7,583,783Liabilities 2025: $3,430,000Net Assets 2025: $4,153,7832025

Highlighted filing

2018

Assets$4,079,545
Liabilities$964,669
Net Assets$3,114,876
Open 2018 Filing

Operations Trend

Revenue Growth14th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $717,911Expenses 2016: $372,742Net Income 2016: $345,1692016Revenue 2017: $628,518Expenses 2017: $366,634Net Income 2017: $261,8842017Revenue 2018: $570,189Expenses 2018: $361,944Net Income 2018: $208,2452018Revenue 2019: $544,460Expenses 2019: $342,345Net Income 2019: $202,1152019Revenue 2020: $475,500Expenses 2020: $335,722Net Income 2020: $139,7782020Revenue 2021: $316,801Expenses 2021: $320,622Net Income 2021: -$3,8212021Revenue 2022: $358,720Expenses 2022: $601,103Net Income 2022: -$242,3832022Revenue 2023: $1,281,355Expenses 2023: $704,568Net Income 2023: $576,7872023Revenue 2024: $1,249,875Expenses 2024: $946,398Net Income 2024: $303,4772024Revenue 2025: $963,664Expenses 2025: $900,712Net Income 2025: $62,9522025

Highlighted filing

2018

Revenue$570,189
Expenses$361,944
Net Income$208,245
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jun 1, 2017 to May 31, 2018
Signed
Sep 9, 2018
Return Version
2017v2.3
Gross Receipts
$570,189
Mission and Program Overview

Mission

Bloomer shipper railway redevelopment league provides the right-of-way and collects user fees for railroad cars that travel over and use the railroad line.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,152,396$3,889,856▼ $262,540
Rtn Earn Endowment Incm Other Fnds$2,906,631$3,114,876▲ $208,245
Cash and Non-Interest-Bearing Accounts$8,160$4,747▼ $3,413
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,160,556$4,079,545▼ $81,011
Other Assets Total$0$184,942▲ $184,942
Liabilities
Other Liabilities$964,669$674,235▼ $290,434
Mortgage Notes Payable Secured by Investment Property$289,256$290,434▲ $1,178
Total Liabilities$1,253,925$964,669▼ $289,256
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,906,631$3,114,876▲ $208,245
Total Liabilities and Net Assets / Fund Balance$4,160,556$4,079,545▼ $81,011

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,233,855$7,220,047$10,453,902
Land$656,001-$656,001
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Phil MoritzPresident
William DillerVice President
Rick YoungDirector
Joseph ThompsonGeneral Manager
Rodney LandauSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$569,489
Investment Income
$0
Other Revenue
$700
Change in Net Assets
$208,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$361,944
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$302,312--$302,312
Interest$54,493--$54,493
Other Expenses$3,639--$3,639
Fees for Services Accounting$1,500--$1,500
Total Functional Expenses$361,944$0$0$361,944
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable - Alliance Grain Company$674,235
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

“The information used to prepare the form 990 comes directly from the audited consolidated financial statements of its parent company. The return is reviewed both by the president and a director and signed by the president before its filing to the irs. As a whole, the board of directors does not review the form 990 prior to its submission.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Bloomer Shipper Railway Redevelopment
EIN
37-1145314
Phone
8002222451
Address
1306 W8TH STREET, GIBSON CITY, IL 60936

Signing Officer

Name
Curt Meiner
Title
President
Phone
8002222451
Signed
2018-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curt Meiner
Formed
1984
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Gardiner Thomsen
Address
10555 NEW YORK AVENUE SUITE 200, DES MOINES, IA 50322
Preparer
Dennis Gardiner CPA
Phone
5152701446
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The audit committee has the responsibility of oversight of the audit and selection of accountant. The process of selecting an independent accountant and the responsibility of oversight of the audit has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“The company as an exempt cooperative, is taxed on non-patronage earning and any patronage earnings not paid or allocated to patrons. The company evaluates uncertain tax benefits arising from tax positions taken or expected to be taken based upon the likelihood of being sustained upon examination by applicable tax authorities. If the company determines that a tax position is more likely than not of being sustained, it recognizes the largest amount of the arising benefit that is greater than 50% likely of being realized upon settlement in the consolidated financial statements. For any tax positions taken or expected to be taken that do not pass the more likely than not test, the company establishes reserves offsetting the benefits related to such positions. Interest and penalties, if any, are included in the current period provision for income taxes in the company's statement of savings and are included as a current liability in the balance sheet. The bloomer leaue is a non-profit organization that is exempt from income taxes under section 501(c)(6) of the internal revenue service.”

Raw XML Appendix340 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0BLOOMER SHIPPER RAILWAY REDEVELOPMENT LEAGUE PROVIDES THE RIGHT-OF-WAY AND COLLECTS USER FEES FOR RAILROAD CARS THAT TRAVEL OVER AND USE THE RAILROAD LINE.
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOE THOMPSON
IRS990/BooksInCareOfDetail/PhoneNum08002222451
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01306 W8TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0GIBSON CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060936
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt08160
IRS990/CashNonInterestBearingGrp/EOYAmt04747
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0361944
IRS990/CYOtherRevenueAmt0700
IRS990/CYProgramServiceRevenueAmt0569489
IRS990/CYRevenuesLessExpensesAmt0208245
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0361944
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0570189
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0302312
IRS990/DepreciationDepletionGrp/TotalAmt0302312
IRS990/Desc0BLOOMER SHIPPER RAILWAY REDEVELOPMENT LEAGUE PROVIDES THE RIGHT-OF-WAY AND COLLECTS USER FEES FOR RAILROAD CARS THAT TRAVEL OVER AND USE THE RAILROAD LINE.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt0361944
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01500
IRS990/FeesForServicesAccountingGrp/TotalAmt01500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.01
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0RICK YOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM DILLER
IRS990/Form990PartVIISectionAGrp/PersonNm2RODNEY LANDAU
IRS990/Form990PartVIISectionAGrp/PersonNm3PHIL MORITZ
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH THOMPSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4GENERAL MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0570189
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt054493
IRS990/InterestGrp/TotalAmt054493
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07220047
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04152396
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03889856
IRS990/LandBldgEquipCostOrOtherBssAmt011109903
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BLOOMER SHIPPER RAILWAY REDEVELOPMENT LEAGUE PROVIDES THE RIGHT-OF-WAY AND COLLECTS USER FEES FOR RAILROAD CARS THAT TRAVEL OVER AND USE THE RAILROAD LINE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0289256
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0290434
IRS990/NetAssetsOrFundBalancesBOYAmt02906631
IRS990/NetAssetsOrFundBalancesEOYAmt03114876
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0184942
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MICELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt03639
IRS990/OtherExpensesGrp/TotalAmt03639
IRS990/OtherLiabilitiesGrp/BOYAmt0964669
IRS990/OtherLiabilitiesGrp/EOYAmt0674235
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MICELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0700
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0700
IRS990/OtherRevenueTotalAmt0700
IRS990/PartialLiquidationInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CURT MEINER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0TRACK RENT & USER FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0569489
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0569489
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0366634
IRS990/PYOtherRevenueAmt020600
IRS990/PYProgramServiceRevenueAmt0607918
IRS990/PYRevenuesLessExpensesAmt0261884
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0366634
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0628518
IRS990/ReconcilationRevenueExpnssAmt0208245
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0570189
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt02906631
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03114876
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03233855
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07220047
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010453902
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0656001
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0656001
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0674235
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE - ALLIANCE GRAIN COMPANY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE COMPANY AS AN EXEMPT COOPERATIVE, IS TAXED ON NON-PATRONAGE EARNING AND ANY PATRONAGE EARNINGS NOT PAID OR ALLOCATED TO PATRONS. THE COMPANY EVALUATES UNCERTAIN TAX BENEFITS ARISING FROM TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN BASED UPON THE LIKELIHOOD OF BEING SUSTAINED UPON EXAMINATION BY APPLICABLE TAX AUTHORITIES. IF THE COMPANY DETERMINES THAT A TAX POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED, IT RECOGNIZES THE LARGEST AMOUNT OF THE ARISING BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT IN THE CONSOLIDATED FINANCIAL STATEMENTS. FOR ANY TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT DO NOT PASS THE MORE LIKELY THAN NOT TEST, THE COMPANY ESTABLISHES RESERVES OFFSETTING THE BENEFITS RELATED TO SUCH POSITIONS. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN THE CURRENT PERIOD PROVISION FOR INCOME TAXES IN THE COMPANY'S STATEMENT OF SAVINGS AND ARE INCLUDED AS A CURRENT LIABILITY IN THE BALANCE SHEET. THE BLOOMER LEAUE IS A NON-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03889856
IRS990ScheduleD/TotalLiabilityAmt0674235
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE INFORMATION USED TO PREPARE THE FORM 990 COMES DIRECTLY FROM THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF ITS PARENT COMPANY. THE RETURN IS REVIEWED BOTH BY THE PRESIDENT AND A DIRECTOR AND SIGNED BY THE PRESIDENT BEFORE ITS FILING TO THE IRS. AS A WHOLE, THE BOARD OF DIRECTORS DOES NOT REVIEW THE FORM 990 PRIOR TO ITS SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AUDIT COMMITTEE HAS THE RESPONSIBILITY OF OVERSIGHT OF THE AUDIT AND SELECTION OF ACCOUNTANT. THE PROCESS OF SELECTING AN INDEPENDENT ACCOUNTANT AND THE RESPONSIBILITY OF OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM PRIOR YEARS.
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 XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0363780006
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0AGRICULTURAL COOP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0ALLIANCE GRAIN COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01306 W 8TH ST POBOX 546
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0GIBSON CITY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd060936
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0750000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL LOAN BALANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ALLIANCE GRAIN COMPANY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0E
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04160556
IRS990/TotalAssetsEOYAmt04079545
IRS990/TotalAssetsGrp/BOYAmt04160556
IRS990/TotalAssetsGrp/EOYAmt04079545
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0361944
IRS990/TotalFunctionalExpensesGrp/TotalAmt0361944
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01253925
IRS990/TotalLiabilitiesEOYAmt0964669
IRS990/TotalLiabilitiesGrp/BOYAmt01253925
IRS990/TotalLiabilitiesGrp/EOYAmt0964669
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02906631
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03114876
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0361944
IRS990/TotalProgramServiceRevenueAmt0569489
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0570189
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0570189
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04160556
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04079545
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01306 W8TH STREET
IRS990/USAddress/CityNm0GIBSON CITY
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060936
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CURT MEINER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08002222451
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BLOOMER SHIPPER RAILWAY REDEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0LEAGUE
ReturnHeader/Filer/BusinessNameControlTxt0BLOO
ReturnHeader/Filer/EIN0371145314
ReturnHeader/Filer/PhoneNum08002222451
ReturnHeader/Filer/USAddress/AddressLine1Txt01306 W8TH STREET
ReturnHeader/Filer/USAddress/CityNm0GIBSON CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060936
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D2C1B0EADAD9E0A70475A05097E9A8311029DE00
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0868275DD82532EC880E956C9A8FB42895C992810
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0208.69.145.49
ReturnHeader/FilingSecurityInformation/IPDt02018-09-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:08:19
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421186197
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GARDINER THOMSEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010555 NEW YORK AVENUE SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DES MOINES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd050322
ReturnHeader/PreparerPersonGrp/PhoneNum05152701446
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENNIS GARDINER CPA
ReturnHeader/ReturnTs02018-09-19T09:08:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-06-01
ReturnHeader/TaxPeriodEndDt02018-05-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,079,545
Liabilities
$964,669
Net assets
$3,114,876
Revenue
$570,189
Expenses
$361,944
Net income
$208,245
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.58$3.43$4.15$0.96$0.90$0.06
2024Detailed filing. Detailed filing data is available for this year.$7.72$3.63$4.09$1.25$0.95$0.30
2023Detailed filing. Detailed filing data is available for this year.$7.62$3.83$3.79$1.28$0.70$0.58
2022Detailed filing. Detailed filing data is available for this year.$7.16$3.95$3.21$0.36$0.60$0.24
2021Detailed filing. Detailed filing data is available for this year.$4.23$0.78$3.45$0.32$0.32$0.00
2020Detailed filing. Detailed filing data is available for this year.$3.84$0.38$3.46$0.48$0.34$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.99$0.67$3.32$0.54$0.34$0.20
2018Detailed filing. Detailed filing data is available for this year.$4.08$0.96$3.11$0.57$0.36$0.21
2017Detailed filing. Detailed filing data is available for this year.$4.16$1.25$2.91$0.63$0.37$0.26
2016Detailed filing. Detailed filing data is available for this year.$4.19$1.54$2.64$0.72$0.37$0.35