Civic Intelligence

Macon County Economic Development Inc.

990 • Fiscal year 2021 • EIN 43-1268022

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 28, 2022

303 N Missouri St Ste AMacon, MO 63552

(660) 385-5627

Siviq Scores

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

Liabilities / Assets

65th percentile

0.10x

Higher debt load relative to assets than 65% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.61x

Higher debt load relative to revenue than 87% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

4th percentile

-85%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

64th percentile

$42,400

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 29.5% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

8th percentile

-16%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

59th percentile

24%

Faster revenue growth than 59% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$926,209

Down $177,932 (-16%) from 2020

Net Assets

Down

$838,008

Down $122,722 (-13%) from 2020

Liabilities

Down

$88,201

Down $55,210 (-38%) from 2020

Revenue

Up

$143,871

Up $27,730 (+24%) from 2020

Expenses

Up

$266,593

Up $129,788 (+95%) from 2020

Net Income

Down

-$122,722

Down $102,058 (-494%) from 2020

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 2011: $1,081,368Liabilities 2011: $438,659Net Assets 2011: $642,7092011Assets 2012: $1,212,038Liabilities 2012: $396,132Net Assets 2012: $815,9062012Assets 2013: $1,295,284Liabilities 2013: $353,737Net Assets 2013: $941,5472013Assets 2014: $1,270,072Liabilities 2014: $333,827Net Assets 2014: $936,2452014Assets 2015: $1,265,677Liabilities 2015: $178,814Net Assets 2015: $1,086,8632015Assets 2016: $1,171,846Liabilities 2016: $112,340Net Assets 2016: $1,059,5062016Assets 2017: $1,069,509Liabilities 2017: $40,981Net Assets 2017: $1,028,5282017Assets 2018: $1,004,468Liabilities 2018: $22,019Net Assets 2018: $982,4492018Assets 2019: $1,190,688Liabilities 2019: $209,294Net Assets 2019: $981,3942019Assets 2020: $1,104,141Liabilities 2020: $143,411Net Assets 2020: $960,7302020Assets 2021: $926,209Liabilities 2021: $88,201Net Assets 2021: $838,0082021Assets 2022: $885,426Liabilities 2022: $29,225Net Assets 2022: $856,2012022Assets 2023: $866,822Liabilities 2023: $1,262Net Assets 2023: $865,5602023Assets 2024: $865,180Liabilities 2024: $1,734Net Assets 2024: $863,4462024

Highlighted filing

2021

Assets$926,209
Liabilities$88,201
Net Assets$838,008

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $355,432Expenses 2011: $234,709Net Income 2011: $120,7232011Revenue 2012: $352,112Expenses 2012: $178,915Net Income 2012: $173,1972012Revenue 2013: $338,282Expenses 2013: $212,641Net Income 2013: $125,6412013Revenue 2014: $218,752Expenses 2014: $224,054Net Income 2014: -$5,3022014Revenue 2015: $339,662Expenses 2015: $189,044Net Income 2015: $150,6182015Revenue 2016: $200,376Expenses 2016: $227,733Net Income 2016: -$27,3572016Revenue 2017: $138,420Expenses 2017: $169,398Net Income 2017: -$30,9782017Revenue 2018: $132,941Expenses 2018: $179,020Net Income 2018: -$46,0792018Revenue 2019: $138,395Expenses 2019: $139,450Net Income 2019: -$1,0552019Revenue 2020: $116,141Expenses 2020: $136,805Net Income 2020: -$20,6642020Revenue 2021: $143,871Expenses 2021: $266,593Net Income 2021: -$122,7222021Revenue 2022: $145,863Expenses 2022: $127,670Net Income 2022: $18,1932022Revenue 2023: $132,875Expenses 2023: $123,516Net Income 2023: $9,3592023Revenue 2024: $94,237Expenses 2024: $96,351Net Income 2024: -$2,1142024

Highlighted filing

2021

Revenue$143,871
Expenses$266,593
Net Income-$122,722
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 28, 2022
Return Version
2021v4.0
Gross Receipts
$162,305
Mission and Program Overview

Mission

To promote economic development

To promote economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$437,264$382,505▼ $54,759
Land, Buildings, and Equipment, Net$284,100$266,220▼ $17,880
Savings and Temporary Cash Investments$203,550$206,139▲ $2,589
Other Notes and Loans Receivable, Net$176,608$70,845▼ $105,763
Prepaid Expenses and Deferred Charges$2,119--
Total Assets$1,104,141$926,209▼ $177,932
Other Assets Total$500$500→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$141,306$86,205▼ $55,101
Accounts Payable and Accrued Expenses$2,105$1,996▼ $109
Total Liabilities$143,411$88,201▼ $55,210
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$960,730$838,008▼ $122,722
Total Net Assets Fund Balance$960,730$838,008▼ $122,722
Total Liabilities and Net Assets / Fund Balance$1,104,141$926,209▼ $177,932

Asset Categories

AssetBook ValueDepreciationBasis
Land$266,220-$266,220
Other Land Buildings-$4,415$4,415
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sue GoulderExecutive DiFT$42,400$42,400

Board Members and Trustees

NameTitle
Jamie KingPresident
Amanda HalleyBoard Member
Ashlie MeisnerBoard Member
Avis MarshallBoard Member
Caleb ShoushBoard Member
Lynn KeithlyBoard Member
Mollie GillilandBoard Member
Richelle ShoemakerBoard Member
Shannon WrayBoard Member
Sonja LeganBoard Member
Stephanie WilsonBoard Member
Tim KormanBoard Member
Matthew StiegerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$117,792
Program Service Revenue
$12,304
Investment Income
$11,621
Other Revenue
$2,154
All Other Contributions
$13,050
Change in Net Assets
$-122,722
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,998
Salaries, Compensation, and Employee Benefits$73,595
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$42,400--$42,400
Other Salaries and Wages$26,000--$26,000
Occupancy-$10,921-$10,921
Fees for Services Accounting-$9,355-$9,355
Fees for Services Other$6,940--$6,940
Interest$5,472--$5,472
Payroll Taxes$5,195--$5,195
Office Expenses-$2,145-$2,145
Advertising$1,958--$1,958
Insurance$1,856--$1,856
All Other Expenses$1,789--$1,789
Travel$1,179--$1,179
Other Expenses$1,114--$1,114
Information Technology-$791-$791
Total Functional Expenses$243,381$23,212$0$266,593
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
Business relationship with 35% controlled entity
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
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, Page 6, Part VI, Line 6

Members include macon county, city of macon, and macon municipal utilities.

Form 990, Page 6, Part VI, Line 7A

Members are allowed to appoint individuals to the board of directors.

Form 990, Page 6, Part VI, Line 11B

Each board member is provided a copy of the form 990 by email for their review prior to filing the form.

Form 990, Page 6, Part VI, Line 12C

A conflict of interest disclosure statement is required to be completed by any board member who is in a potential conflict of interest. The disclosure is reviewed by other board members to determine if a conflict of interest exists, and the appropriate resolution of the issue.

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

The executive director's salary is reviewed as part of the budgeting process.

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

There are no other paid officers.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Macon County Economic Development
EIN
43-1268022
Phone
6603855627
Address
303 N MISSOURI ST STE A, MACON, MO 63552

Signing Officer

Name
Matthew Stieger
Title
Vice President
Phone
6603855627
Signed
2022-06-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sue Goulder
Formed
1982
Legal Domicile
Mo
Voting Board Members
13
Independent Board Members
13
Employees
2

Preparer

Firm
Grimshaw & Associates LLC
Address
PO BOX 126, MACON, MO 63552
Preparer
Frank K Grimshaw
Phone
6603955292
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt070845
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05195
IRS990/PayrollTaxesGrp/TotalAmt05195
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02119
IRS990/PrincipalOfficerNm0SUE GOULDER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0IDA SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1LANDFILL LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011492
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1812
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011492
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1812
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0109900
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-3599
IRS990/PYOtherExpensesAmt065716
IRS990/PYOtherRevenueAmt02161
IRS990/PYProgramServiceRevenueAmt07679
IRS990/PYRevenuesLessExpensesAmt0-20664
IRS990/PYSalariesCompEmpBnftPaidAmt071089
IRS990/PYTotalExpensesAmt0136805
IRS990/PYTotalRevenueAmt0116141
IRS990/ReconcilationRevenueExpnssAmt0-122722
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt012304
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0203550
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0206139
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 4,432
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0117792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0109900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0118363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0121750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0132445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0600250
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010685
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016716
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt012092
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01619
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01317
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt042429
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt040580
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02154
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02161
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt036
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt038
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt043
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04432
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92760
IRS990ScheduleA/PublicSupportPY170Pct00.94400
IRS990ScheduleA/PublicSupportTotal170Amt0600250
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0117792
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0109900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0118363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0121750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0132445
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0600250
IRS990ScheduleA/TotalSupportAmt0647111
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0266220
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0266220
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04415
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04415
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0266220
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS INCLUDE MACON COUNTY, CITY OF MACON, AND MACON MUNICIPAL UTILITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS ARE ALLOWED TO APPOINT INDIVIDUALS TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER IS PROVIDED A COPY OF THE FORM 990 BY EMAIL FOR THEIR REVIEW PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS REQUIRED TO BE COMPLETED BY ANY BOARD MEMBER WHO IS IN A POTENTIAL CONFLICT OF INTEREST. THE DISCLOSURE IS REVIEWED BY OTHER BOARD MEMBERS TO DETERMINE IF A CONFLICT OF INTEREST EXISTS, AND THE APPROPRIATE RESOLUTION OF THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AS PART OF THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE ARE NO OTHER PAID OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01104141
IRS990/TotalAssetsEOYAmt0926209
IRS990/TotalAssetsGrp/BOYAmt01104141
IRS990/TotalAssetsGrp/EOYAmt0926209
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0117792
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023212
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0243381
IRS990/TotalFunctionalExpensesGrp/TotalAmt0266593
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0143411
IRS990/TotalLiabilitiesEOYAmt088201
IRS990/TotalLiabilitiesGrp/BOYAmt0143411
IRS990/TotalLiabilitiesGrp/EOYAmt088201
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0960730
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0838008
IRS990/TotalProgramServiceExpensesAmt0243381
IRS990/TotalProgramServiceRevenueAmt012304
IRS990/TotalReportableCompFromOrgAmt042400
IRS990/TotalRevenueGrp/ExclusionAmt010685
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015394
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0143871
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01104141
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0926209
IRS990/TravelGrp/ProgramServicesAmt01179
IRS990/TravelGrp/TotalAmt01179
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0303 N MISSOURI STREET STE A
IRS990/USAddress/CityNm0MACON
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd063552
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.MACONCOUNTY.ORG
IRS990/WhistleblowerPolicyInd0true

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.86$0.09$0.10$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.00$0.87$0.13$0.12$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.89$0.03$0.86$0.15$0.13$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.93$0.09$0.84$0.14$0.27$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.14$0.96$0.12$0.14$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.21$0.98$0.14$0.14$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.02$0.98$0.13$0.18$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.04$1.03$0.14$0.17$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.11$1.06$0.20$0.23$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.18$1.09$0.34$0.19$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.27$0.33$0.94$0.22$0.22$0.01
2013Summary only. Only limited summary data is available for this year.$1.30$0.35$0.94$0.34$0.21$0.13
2012Summary only. Only limited summary data is available for this year.$1.21$0.40$0.82$0.35$0.18$0.17
2011Summary only. Only limited summary data is available for this year.$1.08$0.44$0.64$0.36$0.23$0.12