Civic Intelligence

County of Mecosta Development Corporation

990EZ • Fiscal year 2018 • EIN 38-3337520

Oct 01, 2017 to Sep 30, 2018 • Filed on Feb 15, 2019

246 N State StBig Rapids, MI 49307

(231) 796-7649

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-180%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

9th percentile

-48%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

7th percentile

-62%

Faster revenue growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$57,078

Down $52,401 (-48%) from 2017

Net Assets

Down

$57,078

Down $52,401 (-48%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$29,058

Down $48,351 (-62%) from 2017

Expenses

Up

$81,459

Up $51,934 (+176%) from 2017

Net Income

Down

-$52,401

Down $100,285 (-209%) from 2017

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $61,595Liabilities 2016: $0Net Assets 2016: $61,5952016Assets 2017: $109,479Liabilities 2017: $0Net Assets 2017: $109,4792017Assets 2018: $57,078Liabilities 2018: $0Net Assets 2018: $57,0782018Assets 2019: $24,158Liabilities 2019: $0Net Assets 2019: $24,1582019

Highlighted filing

2018

Assets$57,078
Liabilities$0
Net Assets$57,078

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2016: $91,334Expenses 2016: $32,110Net Income 2016: $59,2242016Revenue 2017: $77,409Expenses 2017: $29,525Net Income 2017: $47,8842017Revenue 2018: $29,058Expenses 2018: $81,459Net Income 2018: -$52,4012018Revenue 2019: $21,526Expenses 2019: $29,702Net Income 2019: -$8,1762019

Highlighted filing

2018

Revenue$29,058
Expenses$81,459
Net Income-$52,401
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Feb 15, 2019
Return Version
2017v2.3
Gross Receipts
$29,058
Mission and Program Overview

Mission

To operate and act exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended, including, without limitation, to relieve poverty, eliminate prejudice, reduce neighborhood tensions, combat community deterioration within economically depressed areas of the county of mecosta, increase employment and business opportunities and help generate new and additional tax revenues within the county of mecosta, which may be unable to obtain aid through conventional sources, both on or near their present sites and on new sites within the county of mecosta, and the attraction and encouragement of new commercial and industrial businesses to sites within the county of mecosta by conducting studies, developing land use and assisting and encouraging the development of sound business plans, counseling businesses, encouraging employment of low and moderate income persons and engaging in other similar activities which may be ca

Program Services

DescriptionGrantsExpenses
TO INCREASE EMPLOYMENT AND BUSINESS OPPORTUNITIES TO HELP GENERATE NEW AND ADDITIONAL RESOURCES WITHIN THE COUNTY OF MECOSTA, BY PROMOTING, ENCOURAGING AND ASSISTING THE EXPANSION OF EXISTING COMMERCIAL AND INDUSTRIAL BUSINESSES TO SITES WITHIN THE COUNTY OF MECOSTA. TO MAKE AND ACCEPT GRANTS AND LOANS AND TO PROVIDE SERVICES TO AND ACCEPT THE PROVISION OF SERVICES FROM OTHER CHARITABLE ORGANIZATIONS, IN ORDER TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES OF THIS CORPORATION.$75,849$75,849
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHELLE BARKERDirector-$0--
YO BELLINGERDirector-$0--
ADAM CURRIEDirector-$0--
DANETTE DOYLEDirector-$0--
JOSHUA FOORDirector-$0--
JEFF GODFREYDirector-$0--
KAREN HAHN-THORNTONDirector-$0--
JENNIFER HEINZMANSecretary/Ex-$0--
CONNIE KOEPKEDirector-$0--
GARY LAMBRIXDirector-$0--
KAREN MCKENZIEDirector-$0--
JIM NOSTRANTPresident-$0--
MICHELLE RASMUSSENDirector-$0--
JIM SANDYDirector-$0--
ROGER SCHNEIDTDirector-$0--
JERRY SCOBYTreasurer-$0--
BARBARA SEABOLTDirector-$0--
KAYTLYN SHELTONDirector-$0--
LISA SZYNKOWSKIDirector-$0--
GAIL TAYLORDirector-$0--
JAMES TAYLORDirector-$0--
Filing and Contact Details

Filer

Filer Name
County of Mecosta Development
EIN
38-3337520
Phone
2317967649
Address
246 N STATE ST, BIG RAPIDS, MI 49307

Signing Officer

Name
Jennifer Heinzman
Title
Secretary/exec Direc
Phone
2317967649
Signed
2019-02-15
Discuss with paid preparer
Yes

Preparer

Firm
H&s Companies Pc
Address
PO BOX 9, FREMONT, MI 49412
Preparer
Michael a Lepley
Phone
2319246890
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: mecosta county area chamber of comm address: 246 n state st big rapids, mi 49307 cash contribution: 75,849

Form 990-ez, Part II, Line 24

Pledges receivable 51,487 34,974 less allowance 2,574 1,749 net 48,913 33,225 total 48,913 33,225

Form 990-ez, Part III

To operate and act exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended, including, without limitation, to relieve poverty, eliminate prejudice, reduce neighborhood tensions, combat community deterioration within economically depressed areas of the county of mecosta, increase employment and business opportunities and help generate new and additional tax revenues within the county of mecosta, which may be unable to obtain aid through conventional sources, both on or near their present sites and on new sites within the county of mecosta, and the attraction and encouragement of new commercial and industrial businesses to sites within the county of mecosta by conducting studies, developing land use and assisting and encouraging the development of sound business plans, counseling businesses, encouraging employment of low and moderate income persons and engaging in other similar activities which may be carried on by a corporation exempt from tax under 501(c)(3) of the internal revenue code of 1986, as amended; to educate the public through any and all manner of information media as to the advantages and benefits of plant and business location in the county of mecosta and to cooperate with all agencies, both public and private, seeking to accomplish same; to make and accept grants and loans and to provide services to the state of michigan, the county of mecosta and all municipalities therein and the federal government and any departments, deivisions, bureaus, or other agencies of any of the foregoing, in order to further the charitable and educational purposes of this corporation; to make and accept grants and loans and to provide services to and accept the provision of services from other charitable organizations, in order to further the charitable and educational purposes of this corporation.

Form 990-ez, Part III, Line 28

To increase employment and business opportunities to help generate new and additional resources within the county of mecosta, by promoting, encouraging and assisting the expansion of existing commercial and industrial businesses to sites within the county of mecosta. To make and accept grants and loans and to provide services to and accept the provision of services from other charitable organizations, in order to further the charitable and educational purposes of this corporation.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: MECOSTA COUNTY AREA CHAMBER OF COMM ADDRESS: 246 N STATE ST BIG RAPIDS, MI 49307 CASH CONTRIBUTION: 75,849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PLEDGES RECEIVABLE 51,487 34,974 LESS ALLOWANCE 2,574 1,749 NET 48,913 33,225 TOTAL 48,913 33,225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO OPERATE AND ACT EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, INCLUDING, WITHOUT LIMITATION, TO RELIEVE POVERTY, ELIMINATE PREJUDICE, REDUCE NEIGHBORHOOD TENSIONS, COMBAT COMMUNITY DETERIORATION WITHIN ECONOMICALLY DEPRESSED AREAS OF THE COUNTY OF MECOSTA, INCREASE EMPLOYMENT AND BUSINESS OPPORTUNITIES AND HELP GENERATE NEW AND ADDITIONAL TAX REVENUES WITHIN THE COUNTY OF MECOSTA, WHICH MAY BE UNABLE TO OBTAIN AID THROUGH CONVENTIONAL SOURCES, BOTH ON OR NEAR THEIR PRESENT SITES AND ON NEW SITES WITHIN THE COUNTY OF MECOSTA, AND THE ATTRACTION AND ENCOURAGEMENT OF NEW COMMERCIAL AND INDUSTRIAL BUSINESSES TO SITES WITHIN THE COUNTY OF MECOSTA BY CONDUCTING STUDIES, DEVELOPING LAND USE AND ASSISTING AND ENCOURAGING THE DEVELOPMENT OF SOUND BUSINESS PLANS, COUNSELING BUSINESSES, ENCOURAGING EMPLOYMENT OF LOW AND MODERATE INCOME PERSONS AND ENGAGING IN OTHER SIMILAR ACTIVITIES WHICH MAY BE CARRIED ON BY A CORPORATION EXEMPT FROM TAX UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED; TO EDUCATE THE PUBLIC THROUGH ANY AND ALL MANNER OF INFORMATION MEDIA AS TO THE ADVANTAGES AND BENEFITS OF PLANT AND BUSINESS LOCATION IN THE COUNTY OF MECOSTA AND TO COOPERATE WITH ALL AGENCIES, BOTH PUBLIC AND PRIVATE, SEEKING TO ACCOMPLISH SAME; TO MAKE AND ACCEPT GRANTS AND LOANS AND TO PROVIDE SERVICES TO THE STATE OF MICHIGAN, THE COUNTY OF MECOSTA AND ALL MUNICIPALITIES THEREIN AND THE FEDERAL GOVERNMENT AND ANY DEPARTMENTS, DEIVISIONS, BUREAUS, OR OTHER AGENCIES OF ANY OF THE FOREGOING, IN ORDER TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES OF THIS CORPORATION; TO MAKE AND ACCEPT GRANTS AND LOANS AND TO PROVIDE SERVICES TO AND ACCEPT THE PROVISION OF SERVICES FROM OTHER CHARITABLE ORGANIZATIONS, IN ORDER TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES OF THIS CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO INCREASE EMPLOYMENT AND BUSINESS OPPORTUNITIES TO HELP GENERATE NEW AND ADDITIONAL RESOURCES WITHIN THE COUNTY OF MECOSTA, BY PROMOTING, ENCOURAGING AND ASSISTING THE EXPANSION OF EXISTING COMMERCIAL AND INDUSTRIAL BUSINESSES TO SITES WITHIN THE COUNTY OF MECOSTA. TO MAKE AND ACCEPT GRANTS AND LOANS AND TO PROVIDE SERVICES TO AND ACCEPT THE PROVISION OF SERVICES FROM OTHER CHARITABLE ORGANIZATIONS, IN ORDER TO FURTHER THE CHARITABLE AND EDUCATIONAL PURPOSES OF THIS CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049412
ReturnHeader/PreparerPersonGrp/PhoneNum02319246890
ReturnHeader/PreparerPersonGrp/PreparationDt02019-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL A LEPLEY
ReturnHeader/ReturnTs02019-02-15T14:38:44-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-10-01
ReturnHeader/TaxPeriodEndDt02018-09-30
ReturnHeader/TaxYr02017

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