Civic Intelligence

Henry County Economic Development Partnership

990EZ • Fiscal year 2022 • EIN 37-1305321

Dec 01, 2021 to Nov 30, 2022 • Filed on Apr 27, 2023

Organization ProfileHCEDP.COM
307 W Center StreetCambridge, IL 61238

(309) 937-3400

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

7th percentile

-93%

Higher net margin than 7% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

19th percentile

-28%

Faster revenue growth than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$16,753

Down $8,398 (-33%) from 2021

Net Assets

Down

$16,753

Down $8,398 (-33%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin7th percentile

Revenue

Down

$9,000

Down $3,550 (-28%) from 2021

Expenses

Down

$17,398

Down $12,757 (-42%) from 2021

Net Income

Up

-$8,398

Up $9,207 (+52%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

$60K$40K$20K$0Assets 2020: $42,756Net Assets 2020: $42,7562020Assets 2021: $25,151Net Assets 2021: $25,1512021Assets 2022: $16,753Net Assets 2022: $16,7532022Assets 2023: $20,425Net Assets 2023: $20,4252023Assets 2024: $16,910Net Assets 2024: $16,9102024

Highlighted filing

2022

Assets$16,753
Liabilities-
Net Assets$16,753
Open 2022 Filing

Operations Trend

Revenue Growth19th percentile

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

$40K$20K$0-$20KRevenue 2020: $10,000Expenses 2020: $1,768Net Income 2020: $8,2322020Revenue 2021: $12,550Expenses 2021: $30,155Net Income 2021: -$17,6052021Revenue 2022: $9,000Expenses 2022: $17,398Net Income 2022: -$8,3982022Revenue 2023: $5,000Expenses 2023: $1,328Net Income 2023: $3,6722023Revenue 2024: $26,643Expenses 2024: $30,158Net Income 2024: -$3,5152024

Highlighted filing

2022

Revenue$9,000
Expenses$17,398
Net Income-$8,398
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2021 to Nov 30, 2022
Signed
Apr 27, 2023
Return Version
2021v4.1
Gross Receipts
$9,000
Mission and Program Overview

Mission

Provide funds to bring business to henry co. Illinois

Program Services

DescriptionGrantsExpenses
THE HENRY COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP IS TOCOORDINATE AND PROVIDE PROACTIVE LEADERSHIP TO STIMULATELOCAL ECONOMIC GROWTH BY ASSISTING GOVERNMENTS AND LOCAL BUSINESS$15,000$17,398
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT BOLLINGERTreasurer-$0--
JIM KELLYExec DirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Henry County Economic Development
EIN
37-1305321
Phone
3099373400
Address
307 W CENTER STREET, CAMBRIDGE, IL 61238

Signing Officer

Name
Matt Bollinger
Title
Treasurer
Phone
3099373400
Signed
2023-04-27
Discuss with paid preparer
Yes

Preparer

Firm
Calvert Tax & Bookkeeping
Address
210 N Tremont, Kewanee, IL 61443
Preparer
Karin R Cook CPA
Phone
3098534693
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Installment ; program; henry county: 307 w center street, cambridge, il, 61238; county development, 15000.”

Form 990EZ, Part I, Line 16

“FEES 135.”

Form 990EZ, Part I, Line 16

“INSURANCE 2123.”

Raw XML Appendix148 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MATT BOLLINGER
IRS990EZ/BooksInCareOfDetail/PhoneNum03095268011
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0307 W CENTER STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CAMBRIDGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd061238
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt025151
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016753
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt09000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-8398
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0140
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt025151
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016753
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt015000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt09000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt025151
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016753
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt025151
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016753
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT BOLLINGER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JIM KELLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1EXEC DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02258
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE FUNDS TO BRING BUSINESS TO HENRY CO. ILLINOIS
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE HENRY COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP IS TOCOORDINATE AND PROVIDE PROACTIVE LEADERSHIP TO STIMULATELOCAL ECONOMIC GROWTH BY ASSISTING GOVERNMENTS AND LOCAL BUSINESS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt015000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt017398
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt017398
IRS990EZ/TotalProgramServiceExpensesAmt017398
IRS990EZ/TotalRevenueAmt09000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HCEDP.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt028922
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt062472
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt062472
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012550
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt028922
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt062472
IRS990ScheduleA/TotalSupportAmt062472
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INSTALLMENT ; PROGRAM; HENRY COUNTY: 307 W CENTER STREET, CAMBRIDGE, IL, 61238; COUNTY DEVELOPMENT, 15000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FEES 135.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INSURANCE 2123.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT BOLLINGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03099373400
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HENRY COUNTY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0HENR
ReturnHeader/Filer/EIN0371305321
ReturnHeader/Filer/PhoneNum03099373400
ReturnHeader/Filer/USAddress/AddressLine1Txt0307 W CENTER STREET
ReturnHeader/Filer/USAddress/CityNm0CAMBRIDGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd061238
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364035487
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Calvert Tax & Bookkeeping
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0210 N Tremont
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Kewanee
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061443
ReturnHeader/PreparerPersonGrp/PhoneNum03098534693
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KARIN R COOK CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-04T07:44:29-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BOLLINGER
ReturnHeader/TaxPeriodBeginDt02021-12-01
ReturnHeader/TaxPeriodEndDt02022-11-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,753
Liabilities
-
Net assets
$16,753
Revenue
$9,000
Expenses
$17,398
Net income
-$8,398
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.9$16.9$26.6$30.2$3.52
2023Detailed filing. Detailed filing data is available for this year.$20.4$20.4$5.00$1.33$3.67
2022Detailed filing. Detailed filing data is available for this year.$16.8$16.8$9.00$17.4$8.40
2021Detailed filing. Detailed filing data is available for this year.$25.2$25.2$12.6$30.2$17.6
2020Detailed filing. Detailed filing data is available for this year.$42.8$42.8$10.0$1.77$8.23