Civic Intelligence

Champaign County Economic Partnership

990 • Fiscal year 2014 • EIN 37-1200848

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 04, 2014

1817 S Neil Street61820

(217) 359-6261

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.01x

Higher debt load relative to assets than 32% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

36th percentile

0.02x

Higher debt load relative to revenue than 36% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Net Margin

6th percentile

-18%

Higher net margin than 6% of similar nonprofits.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

39th percentile

$12,863

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2014 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$997,761

No earlier filing loaded for comparison.

Net Assets

$982,908

No earlier filing loaded for comparison.

Liabilities

$14,853

No earlier filing loaded for comparison.

Revenue

$640,442

No earlier filing loaded for comparison.

Expenses

$757,250

No earlier filing loaded for comparison.

Net Income

-$116,808

No earlier filing loaded for comparison.

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 2014: $997,761Liabilities 2014: $14,853Net Assets 2014: $982,9082014Assets 2015: $499,895Liabilities 2015: $77,583Net Assets 2015: $422,3122015Assets 2016: $477,036Liabilities 2016: $5,536Net Assets 2016: $471,5002016Assets 2017: $455,159Liabilities 2017: $3,774Net Assets 2017: $451,3852017Assets 2018: $397,968Liabilities 2018: $27,717Net Assets 2018: $370,2512018Assets 2019: $282,468Liabilities 2019: $24,733Net Assets 2019: $257,7352019Assets 2020: $333,852Liabilities 2020: $49,735Net Assets 2020: $284,1172020Assets 2021: $385,790Liabilities 2021: $40,601Net Assets 2021: $345,1892021Assets 2022: $513,688Liabilities 2022: $37,483Net Assets 2022: $476,2052022Assets 2023: $953,507Liabilities 2023: $466,445Net Assets 2023: $487,0622023Assets 2024: $1,228,462Liabilities 2024: $802,069Net Assets 2024: $426,3932024

Highlighted filing

2014

Assets$997,761
Liabilities$14,853
Net Assets$982,908

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $640,442Expenses 2014: $757,250Net Income 2014: -$116,8082014Revenue 2015: $712,578Expenses 2015: $767,144Net Income 2015: -$54,5662015Revenue 2016: $766,616Expenses 2016: $798,980Net Income 2016: -$32,3642016Revenue 2017: $563,780Expenses 2017: $609,827Net Income 2017: -$46,0472017Revenue 2018: $607,246Expenses 2018: $624,681Net Income 2018: -$17,4352018Revenue 2019: $463,718Expenses 2019: $544,630Net Income 2019: -$80,9122019Revenue 2020: $627,775Expenses 2020: $601,393Net Income 2020: $26,3822020Revenue 2021: $665,047Expenses 2021: $603,975Net Income 2021: $61,0722021Revenue 2022: $884,793Expenses 2022: $753,777Net Income 2022: $131,0162022Revenue 2023: $960,506Expenses 2023: $949,649Net Income 2023: $10,8572023Revenue 2024: $1,058,255Expenses 2024: $1,021,563Net Income 2024: $36,6922024

Highlighted filing

2014

Revenue$640,442
Expenses$757,250
Net Income-$116,808
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 4, 2014
Return Version
2013v4.0
Gross Receipts
$737,757
Mission and Program Overview

Mission

A public-private partnership dedicated to fostering a cooperative, county-wide approach to economic development.

To promote economic development in and to boost the economy of champaign county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$632,345$535,030▼ $97,315
Savings and Temporary Cash Investments$400,834$243,804▼ $157,030
Pledges and Grants Receivable-$128,293-
Prepaid Expenses and Deferred Charges$9,063$70,351▲ $61,288
Land, Buildings, and Equipment, Net$31,541$20,171▼ $11,370
Accounts Receivable$62,066$62▼ $62,004
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$1,135,899$997,761▼ $138,138
Liabilities
Deferred Revenue$24,996--
Accounts Payable and Accrued Expenses$11,187$14,853▲ $3,666
Total Liabilities$36,183$14,853▼ $21,330
Net Assets / Fund Balance
Unrestricted Net Assets$1,099,716$982,908▼ $116,808
Total Net Assets Fund Balance$1,099,716$982,908▼ $116,808
Total Liabilities and Net Assets / Fund Balance$1,135,899$997,761▼ $138,138

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,112$54,565$69,677
Leasehold Improvements$5,059$1,746$6,805
Other Securities$535,030--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Craig R RostExecutive DirectorFT$12,863$12,863

Board Members and Trustees

NameTitle
Cameron MooreChair
Laura FrerichsPast Chair
Lori Gold PattersonVice Chair
Betty BrennanBoard Member
Bruce KnightBoard Member
Dan MccallBoard Member
Diane MarlinBoard Member
Don OwenBoard Member
Elizabeth KellnerBoard Member
Gary BurgettBoard Member
James QuisenberryBoard Member
Jerry RamshawBoard Member
Jill GuthBoard Member
Kenny BilgerBoard Member
Laurel PrussingBoard Member
Mark DixonBoard Member
Michael DelorenzoBoard Member
Paul DonohueBoard Member
Richard HeltonBoard Member
Rick MannerBoard Member
Steve EstesBoard Member
Thomas BrunoBoard Member
Thomas CostelloBoard Member
Michael BillimackTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$719,195
Program Service Revenue
$0
Investment Income
$-96,972
Other Revenue
$18,219
All Other Contributions
$131,000
Change in Net Assets
$-116,808

Audited Revenue Reconciliation

Revenue per Audited Statements
$640,442
Revenue Not Reported on Form 990
$162,815
Total Revenue per Audited Statements
$803,257
Total Revenue per Form 990
$640,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$436,317
Other Expenses$320,933
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$324,907
Advertising---$79,402
Occupancy---$71,334
Fees for Services Accounting---$60,586
Other Employee Benefits---$53,238
Office Expenses---$39,672
Payroll Taxes---$27,457
Travel---$25,428
Other Expenses---$20,275
Pension Plan Contributions---$17,852
Current Officers, Directors, Trustees, and Key Employees---$12,863
Depreciation Depletion---$11,370
Conferences and Meetings---$9,209
Insurance---$3,657
Total Functional Expenses$0$0$0$757,250

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$822,750
Expenses per Audited Statements$757,250
Total Expenses per Form 990$757,250
Expenses Not Reported on Form 990$65,500
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
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
37-1200848
Phone
2173596261

Signing Officer

Name
Craig Rost
Title
Executive Director
Phone
2173596261
Signed
2014-11-04
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
Il
Voting Board Members
33
Independent Board Members
33
Employees
10
Volunteers
50

Preparer

Preparer
Curtisd Liles
Phone
2173370004
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The form 990 is available at the board meeting before it is filed.

Pt VI, Line 15A

The executive committee chair compiles comparable salary data and the executive committee board as a whole decides the individual salaries.

Pt VI, Line 15B

The executive committee chair compiles comparable salary data and the executive committee board as a whole decides the individual salaries.

Pt VI, Line 19

The conflict of interest policy and financial statements are made

Pt VI, Line 19

Available to the public upon request.

Form 990EZ, Part II, Line 24

Accounts receivable prepaid expenses

Form 990EZ, Part II, Line 26

Accounts payable payroll liabilities

Financial Statement Notes

Pt XI Line 2D

Loss on impairment of securities

Pt X Line 2

The partnership is exempt from federal income taxes under section 501(c)(6) of the internal revenue code and state law. The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the partnership may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will

Pt X Line 2

Partnership and various positions related to the potential sources of unrelated business taxable income (ubit). The tax benefits recognized in the financial statements from such a position are measured based upon the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There was no unrecognized tax benefit identified or recorded as a liability for the year ended june 30, 2014. The partnership's form 990, return of organization exempt from income tax,

Raw XML AppendixShowing 400 of 432 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011187
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014853
IRS990/AccountsReceivableGrp/BOYAmt062066
IRS990/AccountsReceivableGrp/EOYAmt062
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE ECONOMIC DEVELOPMENT IN AND TO BOOST THE ECONOMY OF CHAMPAIGN COUNTY.
IRS990/AdvertisingGrp/TotalAmt079402
IRS990/AllOtherContributionsAmt0131000
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0CRAIG ROST
IRS990/BooksInCareOfDetail/PhoneNum02173596261
IRS990/BooksInCareOfDetail/USAddress/AddressLine101817 S NEIL STREET 100
IRS990/BooksInCareOfDetail/USAddress/City0CHAMPAIGN
IRS990/BooksInCareOfDetail/USAddress/State0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCode061820
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt050
IRS990/CashNonInterestBearingGrp/EOYAmt050
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt012863
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt09209
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0719195
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-96972
IRS990/CYOtherExpensesAmt0320933
IRS990/CYOtherRevenueAmt018219
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-116808
IRS990/CYSalariesCompEmpBnftPaidAmt0436317
IRS990/CYTotalExpensesAmt0757250
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0640442
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt024996
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt011370
IRS990/Desc0TO PROMOTE ECONOMIC DEVELOPMENT IN AND TO BOOST THE ECONOMY OF CHAMPAIGN COUNTY.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0757250
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt060586
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
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/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0CRAIG R ROST
IRS990/Form990PartVIISectionAGrp/PersonNm1KENNY BILGER
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL BILLIMACK
IRS990/Form990PartVIISectionAGrp/PersonNm3BETTY BRENNAN
IRS990/Form990PartVIISectionAGrp/PersonNm4THOMAS BRUNO
IRS990/Form990PartVIISectionAGrp/PersonNm5GARY BURGETT
IRS990/Form990PartVIISectionAGrp/PersonNm6THOMAS COSTELLO
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL DELORENZO
IRS990/Form990PartVIISectionAGrp/PersonNm8MARK DIXON
IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL DONOHUE
IRS990/Form990PartVIISectionAGrp/PersonNm10STEVE ESTES
IRS990/Form990PartVIISectionAGrp/PersonNm11LAURA FRERICHS
IRS990/Form990PartVIISectionAGrp/PersonNm12LORI GOLD PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13JILL GUTH
IRS990/Form990PartVIISectionAGrp/PersonNm14RICHARD HELTON
IRS990/Form990PartVIISectionAGrp/PersonNm15ELIZABETH KELLNER
IRS990/Form990PartVIISectionAGrp/PersonNm16BRUCE KNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm17RICK MANNER
IRS990/Form990PartVIISectionAGrp/PersonNm18DIANE MARLIN
IRS990/Form990PartVIISectionAGrp/PersonNm19DAN MCCALL
IRS990/Form990PartVIISectionAGrp/PersonNm20CAMERON MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm21DON OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm22LAUREL PRUSSING
IRS990/Form990PartVIISectionAGrp/PersonNm23JAMES QUISENBERRY
IRS990/Form990PartVIISectionAGrp/PersonNm24JERRY RAMSHAW
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt012863
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-97315
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt033
IRS990/GovernmentGrantsAmt0588195
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0737757
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt033
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt03657
IRS990/InvestmentIncomeGrp/ExclusionAmt0343
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0343
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0632345
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0535030
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt056311
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031541
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020171
IRS990/LandBldgEquipCostOrOtherBssAmt076482
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt097315
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE ECONOMIC DEVELOPMENT IN AND TO BOOST THE ECONOMY OF CHAMPAIGN COUNTY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01099716
IRS990/NetAssetsOrFundBalancesEOYAmt0982908
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-97315
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-97315
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt071334
IRS990/OfficeExpensesGrp/TotalAmt039672
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt053238
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/TotalAmt020275
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt018219
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018219
IRS990/OtherRevenueTotalAmt018219
IRS990/OtherSalariesAndWagesGrp/TotalAmt0324907
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt027457
IRS990/PensionPlanContributionsGrp/TotalAmt017852
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0128293
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09063
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070351
IRS990/PrincipalOfcrBusinessAddress/BusinessNameLine10Craig Rost
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0626788
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-169154
IRS990/PYOtherExpensesAmt0214032
IRS990/PYOtherRevenueAmt06890
IRS990/PYRevenuesLessExpensesAmt0-325532
IRS990/PYSalariesCompEmpBnftPaidAmt0576024
IRS990/PYTotalExpensesAmt0790056
IRS990/PYTotalRevenueAmt0464524
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-116808
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0737757
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0400834
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0243804
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt065500
IRS990ScheduleD/DonatedServicesUseFcltsAmt065500
IRS990ScheduleD/EquipmentGrp/BookValueAmt015112
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054565
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt069677
IRS990ScheduleD/ExpensesNotReportedAmt065500
IRS990ScheduleD/ExpensesSubtotalAmt0757250
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05059
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01746
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06805
IRS990ScheduleD/OtherRevenueAmt097315
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0535030
IRS990ScheduleD/OtherSecuritiesGrp/Desc0ITEC INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/RevenueNotReportedAmt0162815
IRS990ScheduleD/RevenueSubtotalAmt0640442
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON IMPAIRMENT OF SECURITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PARTNERSHIP IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND STATE LAW. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE PARTNERSHIP MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PARTNERSHIP AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED UPON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WAS NO UNRECOGNIZED TAX BENEFIT IDENTIFIED OR RECORDED AS A LIABILITY FOR THE YEAR ENDED JUNE 30, 2014. THE PARTNERSHIP'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX,
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt X Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt X Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020171
IRS990ScheduleD/TotalBookValueSecuritiesAmt0535030
IRS990ScheduleD/TotalExpensesPerForm990Amt0757250
IRS990ScheduleD/TotalRevenuePerForm990Amt0640442
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0803257
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0822750
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS AVAILABLE AT THE BOARD MEETING BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE COMMITTEE CHAIR COMPILES COMPARABLE SALARY DATA AND THE EXECUTIVE COMMITTEE BOARD AS A WHOLE DECIDES THE INDIVIDUAL SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE CHAIR COMPILES COMPARABLE SALARY DATA AND THE EXECUTIVE COMMITTEE BOARD AS A WHOLE DECIDES THE INDIVIDUAL SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACCOUNTS RECEIVABLE PREPAID EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCOUNTS PAYABLE PAYROLL LIABILITIES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01135899
IRS990/TotalAssetsEOYAmt0997761
IRS990/TotalAssetsGrp/BOYAmt01135899
IRS990/TotalAssetsGrp/EOYAmt0997761
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0719195
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/TotalAmt0757250
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt036183
IRS990/TotalLiabilitiesEOYAmt014853
IRS990/TotalLiabilitiesGrp/BOYAmt036183
IRS990/TotalLiabilitiesGrp/EOYAmt014853
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01099716
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0982908
IRS990/TotalProgramServiceExpensesAmt0757250
IRS990/TotalReportableCompFromOrgAmt012863
IRS990/TotalRevenueGrp/ExclusionAmt0-96972
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt018219
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0640442
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01135899
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0997761
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt025428
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01099716
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0982908
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101817 S NEIL STREET
IRS990/USAddress/City0CHAMPAIGN
IRS990/USAddress/State0IL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings