Civic Intelligence

Monroe County Business Development Corporation

990 • Fiscal year 2015 • EIN 38-2415486

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 23, 2016

Organization ProfileMONROECOUNTYBDC.ORG

View Organization Page

102 E Front StMonroe, MI 48161

(734) 241-8081

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

26th percentile

0.00x

Higher debt load relative to revenue than 26% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$81,454

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

52nd percentile

4.3%

Faster revenue growth than 52% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$649,769

Up $107,592 (+20%) from 2014

Net Assets

Up

$649,606

Up $107,680 (+20%) from 2014

Liabilities

Down

$163

Down $88 (-35%) from 2014

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin86th percentile

Revenue

Up

$323,079

Up $13,433 (+4.3%) from 2014

Expenses

Up

$216,905

Up $26,984 (+14%) from 2014

Net Income

Down

$106,174

Down $13,551 (-11%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $380,829Liabilities 2010: $0Net Assets 2010: $380,8292010Assets 2011: $380,263Liabilities 2011: $1,177Net Assets 2011: $379,0862011Assets 2012: $396,366Liabilities 2012: $3,692Net Assets 2012: $392,6742012Assets 2013: $423,631Liabilities 2013: $1,195Net Assets 2013: $422,4362013Assets 2014: $542,177Liabilities 2014: $251Net Assets 2014: $541,9262014Assets 2015: $649,769Liabilities 2015: $163Net Assets 2015: $649,6062015Assets 2016: $739,447Liabilities 2016: $0Net Assets 2016: $739,4472016Assets 2017: $822,629Liabilities 2017: $1,965Net Assets 2017: $820,6642017Assets 2018: $1,085,355Liabilities 2018: $13,946Net Assets 2018: $1,071,4092018Assets 2019: $1,169,221Liabilities 2019: $28,130Net Assets 2019: $1,141,0912019Assets 2020: $1,214,915Liabilities 2020: $55,800Net Assets 2020: $1,159,1152020Assets 2021: $1,344,038Liabilities 2021: $72,342Net Assets 2021: $1,271,6962021Assets 2022: $1,256,866Liabilities 2022: $69,890Net Assets 2022: $1,186,9762022Assets 2023: $1,627,775Liabilities 2023: $40,867Net Assets 2023: $1,586,9092023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2015

Assets$649,769
Liabilities$163
Net Assets$649,606
Open 2015 Filing

Operations Trend

Revenue Growth52nd percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $255,9222010Expenses 2011: $247,9522011Revenue 2012: $207,732Expenses 2012: $195,218Net Income 2012: $12,5142012Revenue 2013: $294,952Expenses 2013: $266,976Net Income 2013: $27,9762013Revenue 2014: $309,646Expenses 2014: $189,921Net Income 2014: $119,7252014Revenue 2015: $323,079Expenses 2015: $216,905Net Income 2015: $106,1742015Revenue 2016: $456,651Expenses 2016: $378,881Net Income 2016: $77,7702016Revenue 2017: $312,705Expenses 2017: $247,117Net Income 2017: $65,5882017Revenue 2018: $525,694Expenses 2018: $240,281Net Income 2018: $285,4132018Revenue 2019: $312,481Expenses 2019: $319,492Net Income 2019: -$7,0112019Revenue 2020: $437,201Expenses 2020: $427,537Net Income 2020: $9,6642020Revenue 2021: $444,102Expenses 2021: $375,572Net Income 2021: $68,5302021Revenue 2022: $506,256Expenses 2022: $422,097Net Income 2022: $84,1592022Revenue 2023: $1,110,299Expenses 2023: $829,139Net Income 2023: $281,1602023Revenue 2024: $0Expenses 2024: $1,586,908Net Income 2024: -$1,586,9082024

Highlighted filing

2015

Revenue$323,079
Expenses$216,905
Net Income$106,174
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 23, 2016
Return Version
2015v2.1
Gross Receipts
$584,253
Mission and Program Overview

Mission

Growing monroe county's economy by creating new and diversified job opportunities for its citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$205,227$442,017▲ $236,790
Savings and Temporary Cash Investments$293,969$128,604▼ $165,365
Accounts Receivable$42,150$74,469▲ $32,319
Prepaid Expenses and Deferred Charges$831$3,798▲ $2,967
Land, Buildings, and Equipment, Net-$881-
Total Assets$542,177$649,769▲ $107,592
Liabilities
Accounts Payable and Accrued Expenses$251$163▼ $88
Total Liabilities$251$163▼ $88
Net Assets / Fund Balance
Unrestricted Net Assets$511,926$576,353▲ $64,427
Temporarily Rstr Net Assets$30,000$73,253▲ $43,253
Total Net Assets Fund Balance$541,926$649,606▲ $107,680
Total Liabilities and Net Assets / Fund Balance$542,177$649,769▲ $107,592
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleBaseTotal
-President$81,454$81,454

Board Members and Trustees

NameTitle
-Chairman
-Vice Chairma
-Director
Barbara MitzelDirector
Dr Stephen McnewDirector
Eli OklejasDirector
Gary WilmothDirector
Nick KrzeminskiDirector
Tim LakeDirector
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$276,434
Program Service Revenue
$0
Investment Income
$3,392
Other Revenue
$43,253
All Other Contributions
$152,500
Change in Net Assets
$106,174

Audited Revenue Reconciliation

Revenue per Audited Statements
$323,079
Revenue Not Reported on Form 990
$18,136
Total Revenue per Audited Statements
$341,215
Total Revenue per Form 990
$323,079
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$166,109
Other Expenses$50,796
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$154,304--$154,304
Payroll Taxes$11,805--$11,805
Advertising$8,715--$8,715
Office Expenses$7,968--$7,968
Fees for Services Accounting$6,935--$6,935
Travel$6,676--$6,676
All Other Expenses$3,279--$3,279
Insurance$2,362--$2,362
Other Expenses$1,460--$1,460
Depreciation Depletion$320--$320
Total Functional Expenses$216,905$0$0$216,905

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$233,535
Expenses per Audited Statements$216,905
Total Expenses per Form 990$216,905
Expenses Not Reported on Form 990$16,630
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
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

“Form 990 is available at the office upon request.”

Form 990, Page 6, Part VI, Line 15A

“Executive committee reviews the compensation of the executive director.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Monroe County Business
EIN
38-2415486
Phone
7342418081
Address
102 E FRONT ST, MONROE, MI 48161

Signing Officer

Name
Doug Chaffin
Title
Chairman
Phone
7342418081
Signed
2016-03-23
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
14
Independent Board Members
14
Employees
3

Preparer

Firm
Cooley Hehl Wohlgamuth & Carlton Pllc
Address
1 SOUTH MONROE, MONROE, MI 48161
Preparer
Deborah a Sabo
Phone
7342417200
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“NET REALIZED 1,202”

Schedule D, Page 4, Part XII, Line 2D

“NET REALIZED 1,202”

Raw XML AppendixShowing 400 of 407 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/BOYAmt0251
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0163
IRS990/AccountsReceivableGrp/BOYAmt042150
IRS990/AccountsReceivableGrp/EOYAmt074469
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0GROWING MONROE COUNTY'S ECONOMY BY CREATING NEW AND DIVERSIFIED JOB OPPORTUNITIES FOR ITS CITIZENS.
IRS990/AdvertisingGrp/ProgramServicesAmt08715
IRS990/AdvertisingGrp/TotalAmt08715
IRS990/AllOtherContributionsAmt0152500
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03279
IRS990/AllOtherExpensesGrp/TotalAmt03279
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MCBDC
IRS990/BooksInCareOfDetail/PhoneNum07342418081
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0102 EAST FRONT STREET
IRS990/BooksInCareOfDetail/USAddress/AddressLine2Txt0102 EAST FRONT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MONROE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048161
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0276434
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03392
IRS990/CYOtherExpensesAmt050796
IRS990/CYOtherRevenueAmt043253
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0106174
IRS990/CYSalariesCompEmpBnftPaidAmt0166109
IRS990/CYTotalExpensesAmt0216905
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0323079
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0320
IRS990/DepreciationDepletionGrp/TotalAmt0320
IRS990/Desc0ASSIST EXISTING BUSINESSES WITH GROWTH AND EXPANSION WITHIN MONROE COUNTY AND TO WORK WITH OUR REGIONAL PARTNERSHIPS TO ATTRACT NEW BUSINESSES TO SITES WITHIN THE AREA. MONROE BANK & TRUST DONATED THE USE OF FACILITIES IN THE AMOUNT OF 15,428 TO THE MONROE COUNTY BUSINESS DEVELOPMENT CORPORATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0216905
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06935
IRS990/FeesForServicesAccountingGrp/TotalAmt06935
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0ROBERT CLARK
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1GREGORY ADANIN
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2PEGGY BLACK
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt3DR KOJO QUARTEY
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt4MIKE MILLER
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt5DOUG CHAFFIN
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt6RICHARD SIEB
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt7RON SWEAT
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt8LONNIE PEPPLER-MOYER
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0NICK KRZEMINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm1DR STEPHEN MCNEW
IRS990/Form990PartVIISectionAGrp/PersonNm2ELI OKLEJAS
IRS990/Form990PartVIISectionAGrp/PersonNm3BARBARA MITZEL
IRS990/Form990PartVIISectionAGrp/PersonNm4GARY WILMOTH
IRS990/Form990PartVIISectionAGrp/PersonNm5TIM LAKE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1081454
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt13TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-2708
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0123934
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0258466
IRS990/GrossReceiptsAmt0584253
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02362
IRS990/InsuranceGrp/TotalAmt02362
IRS990/InvestmentIncomeGrp/ExclusionAmt06088
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt012
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06100
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0205227
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0442017
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012389
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0881
IRS990/LandBldgEquipCostOrOtherBssAmt013270
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0261174
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0GROWING MONROE COUNTY'S ECONOMY BY CREATING NEW AND DIVERSIFIED JOB OPPORTUNITIES FOR ITS CITIZENS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0541926
IRS990/NetAssetsOrFundBalancesEOYAmt0649606
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2708
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2708
IRS990/NetUnrlzdGainsLossesInvstAmt01506
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt07968
IRS990/OfficeExpensesGrp/TotalAmt07968
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0SOYBEAN FEASIBILITY STUDY
IRS990/OtherExpensesGrp/Desc1DUES
IRS990/OtherExpensesGrp/Desc2BUILDING RENTAL
IRS990/OtherExpensesGrp/Desc3TRAINING
IRS990/OtherExpensesGrp/ProgramServicesAmt06719
IRS990/OtherExpensesGrp/ProgramServicesAmt14562
IRS990/OtherExpensesGrp/ProgramServicesAmt21800
IRS990/OtherExpensesGrp/ProgramServicesAmt31460
IRS990/OtherExpensesGrp/TotalAmt06719
IRS990/OtherExpensesGrp/TotalAmt14562
IRS990/OtherExpensesGrp/TotalAmt21800
IRS990/OtherExpensesGrp/TotalAmt31460
IRS990/OtherRevenueMiscGrp/Desc0SPECIAL PROJECTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt043253
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt043253
IRS990/OtherRevenueTotalAmt043253
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0154304
IRS990/OtherSalariesAndWagesGrp/TotalAmt0154304
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011805
IRS990/PayrollTaxesGrp/TotalAmt011805
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0831
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03798
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0DOUG CHAFFIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0271734
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05912
IRS990/PYOtherExpensesAmt046613
IRS990/PYOtherRevenueAmt032000
IRS990/PYRevenuesLessExpensesAmt0119725
IRS990/PYSalariesCompEmpBnftPaidAmt0143308
IRS990/PYTotalExpensesAmt0189921
IRS990/PYTotalRevenueAmt0309646
IRS990/ReconcilationRevenueExpnssAmt0106174
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0293969
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0128604
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER 2,124 PROGRAM REVENUE 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0276434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0271734
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0239334
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0198928
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0239634
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01226064
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06088
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05912
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04956
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05180
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05180
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt027316
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt043265
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02124
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02124
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97660
IRS990ScheduleA/PublicSupportPY170Pct00.97530
IRS990ScheduleA/PublicSupportTotal170Amt01226064
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0276434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0271734
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0239334
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0198928
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0239634
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01226064
IRS990ScheduleA/TotalSupportAmt01255504
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/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt015428
IRS990ScheduleD/DonatedServicesUseFcltsAmt015428
IRS990ScheduleD/ExpensesNotReportedAmt016630
IRS990ScheduleD/ExpensesSubtotalAmt0216905
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01506
IRS990ScheduleD/OtherExpensesIncludedAmt01202
IRS990ScheduleD/OtherRevenueAmt01202
IRS990ScheduleD/RevenueNotReportedAmt018136
IRS990ScheduleD/RevenueSubtotalAmt0323079
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NET REALIZED 1,202
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NET REALIZED 1,202
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt0216905
IRS990ScheduleD/TotalRevenuePerForm990Amt0323079
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0341215
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0233535
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS AVAILABLE AT THE OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt030000
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt073253
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0542177
IRS990/TotalAssetsEOYAmt0649769
IRS990/TotalAssetsGrp/BOYAmt0542177
IRS990/TotalAssetsGrp/EOYAmt0649769
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0276434
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0216905
IRS990/TotalFunctionalExpensesGrp/TotalAmt0216905
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0251
IRS990/TotalLiabilitiesEOYAmt0163
IRS990/TotalLiabilitiesGrp/BOYAmt0251
IRS990/TotalLiabilitiesGrp/EOYAmt0163
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0541926
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0649606
IRS990/TotalProgramServiceExpensesAmt0216905
IRS990/TotalReportableCompFromOrgAmt081454
IRS990/TotalRevenueGrp/ExclusionAmt06088
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040557
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0323079
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0542177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0649769
IRS990/TravelGrp/ProgramServicesAmt06676
IRS990/TravelGrp/TotalAmt06676
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0511926
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0576353
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010 WASHINGTON STREET
IRS990/USAddress/CityNm0MONROE
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048161
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0MONROECOUNTYBDC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG CHAFFIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07342418081
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONROE COUNTY BUSINESS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MONR
ReturnHeader/Filer/EIN0382415486
ReturnHeader/Filer/PhoneNum07342418081
ReturnHeader/Filer/USAddress/AddressLine1Txt0102 E FRONT ST
ReturnHeader/Filer/USAddress/CityNm0MONROE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048161
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381335762
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COOLEY HEHL WOHLGAMUTH & CARLTON PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 SOUTH MONROE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONROE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048161
ReturnHeader/PreparerPersonGrp/PhoneNum07342417200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$649,769
Liabilities
$163
Net assets
$649,606
Revenue
$323,079
Expenses
$216,905
Net income
$106,174
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$1.59$1.59
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.63$0.04$1.59$1.11$0.83$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.26$0.07$1.19$0.51$0.42$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.07$1.27$0.44$0.38$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.21$0.06$1.16$0.44$0.43$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.17$0.03$1.14$0.31$0.32$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.07$0.53$0.24$0.29
2017Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.31$0.25$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.46$0.38$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.32$0.22$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.31$0.19$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.29$0.27$0.03
2012Summary only. Only limited summary data is available for this year.$0.40$0.00$0.39$0.21$0.20$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.00$0.38$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.00$0.38$0.26