Civic Intelligence

Central Minnesota Development Company

990 • Fiscal year 2019 • EIN 41-1345544

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 03, 2020

Organization ProfileWWW.CMDCBUSINESSLOANS.COM
1885 Station Parkway NWAndover, MN 55304

(763) 784-3337

Siviq Scores

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

Liabilities / Assets

79th percentile

0.43x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

1.47x

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

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

81st percentile

15%

Higher net margin than 81% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

63rd percentile

$177,474

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 20.5% of source-year revenue.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Asset Growth

49th percentile

5.3%

Faster asset growth than 49% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

53rd percentile

4.2%

Faster revenue growth than 53% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets79th percentile

Assets

Up

$2,951,679

Up $148,328 (+5.3%) from 2018

Net Assets

Up

$1,680,554

Up $131,681 (+8.5%) from 2018

Liabilities

Up

$1,271,125

Up $16,647 (+1.3%) from 2018

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin81st percentile

Revenue

Up

$865,883

Up $34,848 (+4.2%) from 2018

Expenses

Down

$734,202

Down $141,339 (-16%) from 2018

Net Income

Up

$131,681

Up $176,187 (+396%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $2,592,172Liabilities 2015: $1,348,489Net Assets 2015: $1,243,6832015Assets 2016: $2,837,826Liabilities 2016: $1,479,111Net Assets 2016: $1,358,7152016Assets 2017: $3,213,610Liabilities 2017: $1,620,231Net Assets 2017: $1,593,3792017Assets 2018: $2,803,351Liabilities 2018: $1,254,478Net Assets 2018: $1,548,8732018Assets 2019: $2,951,679Liabilities 2019: $1,271,125Net Assets 2019: $1,680,5542019Assets 2020: $3,544,546Liabilities 2020: $1,750,952Net Assets 2020: $1,793,5942020Assets 2021: $3,772,232Liabilities 2021: $1,899,889Net Assets 2021: $1,872,3432021Assets 2022: $3,109,444Liabilities 2022: $1,343,450Net Assets 2022: $1,765,9942022Assets 2023: $3,077,135Liabilities 2023: $1,080,226Net Assets 2023: $1,996,9092023Assets 2024: $3,012,170Liabilities 2024: $828,224Net Assets 2024: $2,183,9462024Assets 2025: $3,431,925Liabilities 2025: $1,153,731Net Assets 2025: $2,278,1942025

Highlighted filing

2019

Assets$2,951,679
Liabilities$1,271,125
Net Assets$1,680,554
Open 2019 Filing

Operations Trend

Revenue Growth53rd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $761,080Expenses 2015: $691,538Net Income 2015: $69,5422015Revenue 2016: $828,436Expenses 2016: $713,404Net Income 2016: $115,0322016Revenue 2017: $997,105Expenses 2017: $762,441Net Income 2017: $234,6642017Revenue 2018: $831,035Expenses 2018: $875,541Net Income 2018: -$44,5062018Revenue 2019: $865,883Expenses 2019: $734,202Net Income 2019: $131,6812019Revenue 2020: $1,222,494Expenses 2020: $1,109,454Net Income 2020: $113,0402020Revenue 2021: $1,226,562Expenses 2021: $1,147,813Net Income 2021: $78,7492021Revenue 2022: $999,166Expenses 2022: $1,105,515Net Income 2022: -$106,3492022Revenue 2023: $1,198,809Expenses 2023: $967,894Net Income 2023: $230,9152023Revenue 2024: $1,271,694Expenses 2024: $1,148,535Net Income 2024: $123,1592024Revenue 2025: $1,403,050Expenses 2025: $1,308,802Net Income 2025: $94,2482025

Highlighted filing

2019

Revenue$865,883
Expenses$734,202
Net Income$131,681
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 3, 2020
Return Version
2018v3.1
Gross Receipts
$897,025
Mission and Program Overview

Mission

Cmdc is committed to promoting economic development by cultivating a financing environment that allows minnesota small businesses to grow and prosper.

To process and monitor sba loan programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,548,873$1,680,554▲ $131,681
Cash and Non-Interest-Bearing Accounts$581,374$723,371▲ $141,997
Land, Buildings, and Equipment, Net$515,286$508,236▼ $7,050
Savings and Temporary Cash Investments$423,121$58,287▼ $364,834
Prepaid Expenses and Deferred Charges$6,867$9,699▲ $2,832
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,803,351$2,951,679▲ $148,328
Other Assets Total$1,276,703$1,652,086▲ $375,383
Liabilities
Unsecured Notes Loans Payable$1,004,498$924,602▼ $79,896
Other Liabilities$117,238$223,639▲ $106,401
Accounts Payable and Accrued Expenses$132,742$122,884▼ $9,858
Total Liabilities$1,254,478$1,271,125▲ $16,647
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,548,873$1,680,554▲ $131,681
Total Liabilities and Net Assets / Fund Balance$2,803,351$2,951,679▲ $148,328

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$375,621$301,068$676,689
Equipment$18,115$118,457$136,572
Land$114,500-$114,500
Other Land Buildings$0$2,643$2,643
Other Assets Org$625,999--
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mike MulrooneyExecutive DirectorFT$130,541$46,933$177,474

Board Members and Trustees

NameTitle
Jerry TeesonChairman
David RymanowskiVice Chairman
Annie DeckertDirector
Clark ArnesonDirector
Dave BuelowDirector
Don McguireDirector
Gene GoddardDirector
Jim AmundsonDirector
Joe PetersonDirector
Larry CraneDirector
Marty FisherDirector
Julie LuxSecretary
Timothy WalkerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$817,036
Investment Income
$48,023
Other Revenue
$824
Change in Net Assets
$131,681

Audited Revenue Reconciliation

Revenue per Audited Statements
$897,025
Revenue Not Reported on Financial Statements
$-31,142
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-31,142
Total Revenue per Audited Statements
$897,025
Total Revenue per Form 990
$865,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$586,267
Other Expenses$147,935
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$282,810--$282,810
Current Officers, Directors, Trustees, and Key Employees$152,458$25,016-$177,474
Other Employee Benefits$50,952$2,928-$53,880
Pension Plan Contributions$36,547$2,101-$38,648
Payroll Taxes$31,637$1,818-$33,455
Fees for Services Legal$24,000--$24,000
Conferences and Meetings$16,349--$16,349
All Other Expenses$12,719--$12,719
Office Expenses$12,109--$12,109
Insurance$9,378--$9,378
Fees for Services Accounting$7,760--$7,760
Interest$7,665--$7,665
Advertising$7,082--$7,082
Fees for Services Other$6,584--$6,584
Other Expenses$5,205--$5,205
Depreciation Depletion$4,592--$4,592
Travel$4,509--$4,509
Total Functional Expenses$702,339$31,863$0$734,202

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$765,344
Total Expenses per Audited Statements$765,344
Total Expenses per Form 990$734,202
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-31,142
Other Expense Adjustments$-31,142
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
Revolving Loan Fund$223,639
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The executive director first reviews the 990 received from the accountant, then is reviewed by the executive committee who presents it to the board for review and approval prior to mailing.”

Form 990, Part VI, Section B, Line 12C

“Discussed at least annually at the board meeting to keep members aware.”

Form 990, Part VI, Section B, Line 15

“Annual reviews are completed with consideration of accomplishments of personal and buisness goals. Industry standards are used in conjunction with accomplishments. All compensation rates are reviewed and approved by the board.”

Form 990, Part VI, Section C, Line 19

“Available at the office upon request.”

Filing and Contact Details

Filer

Filer Name
Central Minnesota Development Company
EIN
41-1345544
Phone
7637843337
Address
1885 STATION PARKWAY NW, ANDOVER, MN 55304

Signing Officer

Name
Mike Mulrooney
Title
Executive Director
Phone
7637843337
Signed
2020-02-03

Organization Details

Principal Officer
Mike Mulrooney
Formed
1978
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
8
Volunteers
13

Preparer

Firm
Smith Schafer & Associates Ltd
Address
7500 HIGHWAY 55 SUITE 350, MINNEAPOLIS, MN 55427
Preparer
Dean Richards
Phone
9529201455
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income tax under section 501(c)(6) of the internal revenue code. Certain organizational activities are taxable as unrelated business income. There is no provision or liability for federal income taxes for the year presented, as those activities did not result in taxable income. Management has determined that the organization does not have any uncertain tax positions and associated unrecognized benefits that materially impact the financial statements or related disclosures. The organization's federal information returns are subject to examination by the irs, generally for three years after they were filed.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“RENTAL EXPENSES”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“RENTAL EXPENSES”

Raw XML AppendixShowing 400 of 467 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.

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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0824
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0824
IRS990/NetUnrelatedBusTxblIncmAmt0-6974
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt012109
IRS990/OfficeExpensesGrp/TotalAmt012109
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01276703
IRS990/OtherAssetsTotalGrp/EOYAmt01652086
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02928
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt050952
IRS990/OtherEmployeeBenefitsGrp/TotalAmt053880
IRS990/OtherExpensesGrp/Desc0COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2MAINTENACE AND REPAIRS
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt011580
IRS990/OtherExpensesGrp/ProgramServicesAmt111262
IRS990/OtherExpensesGrp/ProgramServicesAmt27141
IRS990/OtherExpensesGrp/ProgramServicesAmt35205
IRS990/OtherExpensesGrp/TotalAmt011580
IRS990/OtherExpensesGrp/TotalAmt111262
IRS990/OtherExpensesGrp/TotalAmt27141
IRS990/OtherExpensesGrp/TotalAmt35205
IRS990/OtherLiabilitiesGrp/BOYAmt0117238
IRS990/OtherLiabilitiesGrp/EOYAmt0223639
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0282810
IRS990/OtherSalariesAndWagesGrp/TotalAmt0282810
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01818
IRS990/PayrollTaxesGrp/ProgramServicesAmt031637
IRS990/PayrollTaxesGrp/TotalAmt033455
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02101
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt036547
IRS990/PensionPlanContributionsGrp/TotalAmt038648
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06867
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09699
IRS990/PrincipalOfficerNm0MIKE MULROONEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/Desc0LOAN ORIGINATION AND S
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0817036
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0817036
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt053191
IRS990/PYOtherExpensesAmt0139039
IRS990/PYOtherRevenueAmt01633
IRS990/PYProgramServiceRevenueAmt0776211
IRS990/PYRevenuesLessExpensesAmt0-44506
IRS990/PYSalariesCompEmpBnftPaidAmt0736502
IRS990/PYTotalExpensesAmt0875541
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0831035
IRS990/ReconcilationRevenueExpnssAmt0131681
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0824
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt01548873
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01680554
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0423121
IRS990/SavingsAndTempCashInvstGrp/EOYAmt058287
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0375621
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0301068
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0676689
IRS990ScheduleD/EquipmentGrp/BookValueAmt018115
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0118457
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0136572
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-31142
IRS990ScheduleD/ExpensesSubtotalAmt0765344
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0114500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0114500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0757146
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt145302
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2223639
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3625999
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ILP NOTES RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REVOLVING LOAN FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CERTIFICATES OF DEPOSIT - LONG-TERM
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-31142
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02643
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02643
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0223639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REVOLVING LOAN FUND
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-31142
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-31142
IRS990ScheduleD/RevenueSubtotalAmt0897025
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. CERTAIN ORGANIZATIONAL ACTIVITIES ARE TAXABLE AS UNRELATED BUSINESS INCOME. THERE IS NO PROVISION OR LIABILITY FOR FEDERAL INCOME TAXES FOR THE YEAR PRESENTED, AS THOSE ACTIVITIES DID NOT RESULT IN TAXABLE INCOME. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE ORGANIZATION'S FEDERAL INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0508236
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01652086
IRS990ScheduleD/TotalExpensesPerForm990Amt0734202
IRS990ScheduleD/TotalLiabilityAmt0223639
IRS990ScheduleD/TotalRevenuePerForm990Amt0865883
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0897025
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0765344
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0130541
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount046933
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MIKE MULROONEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0177474
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR FIRST REVIEWS THE 990 RECEIVED FROM THE ACCOUNTANT, THEN IS REVIEWED BY THE EXECUTIVE COMMITTEE WHO PRESENTS IT TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO MAILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISCUSSED AT LEAST ANNUALLY AT THE BOARD MEETING TO KEEP MEMBERS AWARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL REVIEWS ARE COMPLETED WITH CONSIDERATION OF ACCOMPLISHMENTS OF PERSONAL AND BUISNESS GOALS. INDUSTRY STANDARDS ARE USED IN CONJUNCTION WITH ACCOMPLISHMENTS. ALL COMPENSATION RATES ARE REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE AT THE OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02803351
IRS990/TotalAssetsEOYAmt02951679
IRS990/TotalAssetsGrp/BOYAmt02803351
IRS990/TotalAssetsGrp/EOYAmt02951679
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031863
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0702339
IRS990/TotalFunctionalExpensesGrp/TotalAmt0734202
IRS990/TotalGrossUBIAmt0824

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,951,679
Liabilities
$1,271,125
Net assets
$1,680,554
Revenue
$865,883
Expenses
$734,202
Net income
$131,681
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.43$1.15$2.28$1.40$1.31$0.09
2024Detailed filing. Detailed filing data is available for this year.$3.01$0.83$2.18$1.27$1.15$0.12
2023Detailed filing. Detailed filing data is available for this year.$3.08$1.08$2.00$1.20$0.97$0.23
2022Detailed filing. Detailed filing data is available for this year.$3.11$1.34$1.77$1.00$1.11$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.77$1.90$1.87$1.23$1.15$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.54$1.75$1.79$1.22$1.11$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.95$1.27$1.68$0.87$0.73$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.80$1.25$1.55$0.83$0.88$0.04
2017Detailed filing. Detailed filing data is available for this year.$3.21$1.62$1.59$1.00$0.76$0.23
2016Detailed filing. Detailed filing data is available for this year.$2.84$1.48$1.36$0.83$0.71$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.59$1.35$1.24$0.76$0.69$0.07