Civic Intelligence

Moberly Area Economic Development Corporation

990 • Fiscal year 2021 • EIN 43-1475001

Jan 01, 2021 to Dec 31, 2021 • Filed on May 17, 2022

Organization ProfileWWW.MOBERLY-EDC.COM
115 North Williams StMoberly, MO 65270

(660) 263-8811

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.02x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Net Margin

58th percentile

13%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Top Officer Pay

98th percentile

$110,073

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 26.5% of source-year revenue.

2021 filings • 501(c)4 • <$500k nonprofits • Source year 2021

Asset Growth

68th percentile

14%

Faster asset growth than 68% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

-19%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • 501(c)4 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$480,372

Up $59,400 (+14%) from 2020

Net Assets

Up

$473,698

Up $55,081 (+13%) from 2020

Liabilities

Up

$6,674

Up $4,319 (+183%) from 2020

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin58th percentile

Revenue

Down

$415,822

Down $95,709 (-19%) from 2020

Expenses

Down

$360,741

Down $91,296 (-20%) from 2020

Net Income

Down

$55,081

Down $4,413 (-7.4%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$1.0M$500K$0Assets 2011: $974,366Liabilities 2011: $107,737Net Assets 2011: $866,6292011Assets 2012: $69,574Liabilities 2012: $44,460Net Assets 2012: $25,1142012Assets 2013: $108,356Liabilities 2013: $5,176Net Assets 2013: $103,1802013Assets 2014: $116,413Liabilities 2014: $50Net Assets 2014: $116,3632014Assets 2015: $126,684Liabilities 2015: $0Net Assets 2015: $126,6842015Assets 2016: $191,359Liabilities 2016: $702Net Assets 2016: $190,6572016Assets 2017: $268,905Liabilities 2017: $708Net Assets 2017: $268,1972017Assets 2018: $220,898Liabilities 2018: $4,803Net Assets 2018: $216,0952018Assets 2019: $359,585Liabilities 2019: $462Net Assets 2019: $359,1232019Assets 2020: $420,972Liabilities 2020: $2,355Net Assets 2020: $418,6172020Assets 2021: $480,372Liabilities 2021: $6,674Net Assets 2021: $473,6982021Assets 2022: $606,314Liabilities 2022: $1,587Net Assets 2022: $604,7272022Assets 2023: $594,952Liabilities 2023: $10,750Net Assets 2023: $584,2022023Assets 2024: $684,789Liabilities 2024: $18,516Net Assets 2024: $666,2732024

Highlighted filing

2021

Assets$480,372
Liabilities$6,674
Net Assets$473,698
Open 2021 Filing

Operations Trend

Revenue Growth34th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $533,711Expenses 2011: $442,951Net Income 2011: $90,7602011Revenue 2012: $440,780Expenses 2012: $394,407Net Income 2012: $46,3732012Revenue 2013: $501,772Expenses 2013: $423,706Net Income 2013: $78,0662013Revenue 2014: $429,824Expenses 2014: $416,641Net Income 2014: $13,1832014Revenue 2015: $408,011Expenses 2015: $397,690Net Income 2015: $10,3212015Revenue 2016: $564,611Expenses 2016: $500,638Net Income 2016: $63,9732016Revenue 2017: $551,358Expenses 2017: $473,818Net Income 2017: $77,5402017Revenue 2018: $475,421Expenses 2018: $527,523Net Income 2018: -$52,1022018Revenue 2019: $488,021Expenses 2019: $344,993Net Income 2019: $143,0282019Revenue 2020: $511,531Expenses 2020: $452,037Net Income 2020: $59,4942020Revenue 2021: $415,822Expenses 2021: $360,741Net Income 2021: $55,0812021Revenue 2022: $551,103Expenses 2022: $420,074Net Income 2022: $131,0292022Revenue 2023: $375,263Expenses 2023: $324,122Net Income 2023: $51,1412023Revenue 2024: $351,956Expenses 2024: $270,083Net Income 2024: $81,8732024

Highlighted filing

2021

Revenue$415,822
Expenses$360,741
Net Income$55,081
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 17, 2022
Return Version
2021v4.0
Gross Receipts
$415,822
Mission and Program Overview

Mission

To promote investment within randolph, monroe, & howard counties through both expansion of existing businesses as well as new business attraction. These investments lead to creation of new jobs, increased tax base for taxing jurisdictions and municipalities, and diversification of the local economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$319,606$278,598▼ $41,008
Savings and Temporary Cash Investments$101,366$201,774▲ $100,408
Total Assets$420,972$480,372▲ $59,400
Liabilities
Accounts Payable and Accrued Expenses$2,355$6,674▲ $4,319
Total Liabilities$2,355$6,674▲ $4,319
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$418,617$473,698▲ $55,081
Total Net Assets Fund Balance$418,617$473,698▲ $55,081
Total Liabilities and Net Assets / Fund Balance$420,972$480,372▲ $59,400
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael BugalskiPresidentFT$100,317$9,756$110,073

Board Members and Trustees

NameTitle
Jb WaggonerChairman
Chuck MckeownVice Chairma
Brian CraneMember
Doug BurnettMember
Jeff LashleyMember
John TruesdellMember
Megan SchmittMember
Ray StewartMember
Russ FreedMember
Shane AdrianMember
Rob CaterSec/treasure
Revenue and Support

Revenue Composition

Contributions and Grants
$58,154
Program Service Revenue
$341,150
Investment Income
$1,636
Other Revenue
$14,882
All Other Contributions
$5,300
Change in Net Assets
$55,081

Audited Revenue Reconciliation

Revenue per Audited Statements
$413,572
Revenue Not Reported on Financial Statements
$2,250
Other Revenue Adjustments
$2,250
Total Revenue per Audited Statements
$413,572
Total Revenue per Form 990
$415,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$234,169
Other Expenses$126,572
Total Fundraising Expense$11,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$90,286-$10,031$100,317
Other Salaries and Wages$62,686$33,984-$96,670
Advertising$27,751--$27,751
Occupancy$19,109$6,369-$25,478
Fees for Services Legal$17,617$5,872-$23,489
Other Employee Benefits$15,596$207-$15,803
Payroll Taxes$11,971$2,719$779$15,469
Fees for Services Accounting-$11,660-$11,660
Office Expenses-$8,121-$8,121
Fees for Services Other$6,685--$6,685
Pension Plan Contributions$4,589$1,020$301$5,910
Information Technology$3,090$1,030-$4,120
Insurance$2,288--$2,288
Other Expenses$1,877--$1,877
All Other Expenses$1,162--$1,162
Interest$2--$2
Total Functional Expenses$278,648$70,982$11,111$360,741

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$360,741
Total Expenses per Audited Statements$360,741
Total Expenses per Form 990$360,741
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberContract ServicesNo$181,000
-Board MemberContract ServicesNo$80,000
-Board MemberContract ServicesNo$800
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
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 7A

“Each of the member counties recommends the board member to represent their county, subject to approval from the board of the moberly area economic development.”

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

“A copy of the form 990 is made available to the board prior to filing.”

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

“Compliance with the conflict of interest policy is reviewed annually by the independent accountant during the annual review or audit.”

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

“The board reviews the executive director's compensation annually and documents the discussion and eventual decision on any changes to compensation.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Moberly Area Economic Development C
EIN
43-1475001
Phone
6602638811
Address
115 NORTH WILLIAMS ST, MOBERLY, MO 65270

Signing Officer

Name
Michael Bugalski
Title
President
Phone
6602638811
Signed
2022-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Bugalski
Formed
1988
Legal Domicile
Mo
Voting Board Members
11
Independent Board Members
11
Employees
3

Preparer

Firm
Grimshaw & Associates LLC
Address
PO BOX 126, MACON, MO 63552
Preparer
Heather C Murphy
Phone
6603955292
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To promote investment within randolph, monroe, & howard counties through both expansion of existing businesses as well as new business attraction. These investments lead to creation of new jobs, increased tax base for taxing jurisdictions and municipalities, and diversification of the local economy.”

Financial Statement Notes

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

“Cash to accrual basis adjustment 2,250”

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

“Cash to accrual basis adjustment 0”

Raw XML AppendixShowing 400 of 466 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02355
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt06674
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE INVESTMENT WITHIN RANDOLPH, MONROE, & HOWARD COUNTIES THROUGH BOTH EXPANSION OF EXISTING BUSINESSES AS WELL AS NEW BUSINESS ATTRACTION. THESE INVESTMENTS LEAD TO CREATION OF NEW JOBS, INCREASED TAX BASE FOR TAXING JURISDICTIONS AND MUNICIPALITIES, AND DIVERSIFICATION OF THE LOCAL ECONOMY.
IRS990/AdvertisingGrp/ProgramServicesAmt027751
IRS990/AdvertisingGrp/TotalAmt027751
IRS990/AllOtherContributionsAmt05300
IRS990/AllOtherExpensesGrp/ProgramServicesAmt01162
IRS990/AllOtherExpensesGrp/TotalAmt01162
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL BUGALSKI
IRS990/BooksInCareOfDetail/PhoneNum06602638811
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0115 N WILLIAMS ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0MOBERLY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd065270
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt0319606
IRS990/CashNonInterestBearingGrp/EOYAmt0278598
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt010031
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt090286
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0100317
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt058154
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01636
IRS990/CYOtherExpensesAmt0126572
IRS990/CYOtherRevenueAmt014882
IRS990/CYProgramServiceRevenueAmt0341150
IRS990/CYRevenuesLessExpensesAmt055081
IRS990/CYSalariesCompEmpBnftPaidAmt0234169
IRS990/CYTotalExpensesAmt0360741
IRS990/CYTotalFundraisingExpenseAmt011111
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0415822
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0IN ORDER TO PROMOTE GROWTH IN THE THREE-COUNTY REGION, MAEDC STAFF MEMBERS PROVIDE SERVICES FOR BUSINESS RETENTION AND EXPANSION, BUSINESS ATTRACTION, AND ENTREPRENEURIAL DEVELOPMENT. WITHIN THOSE ACTIVITIES, STAFF REGULARLY VISITS WITH AREA MAJOR EMPLOYERS TO PROVIDE RESOURCES LIKE LABOR REPORTS, COOPERATIVE MARKETING OPPORTUNITIES, AND SKILLS TRAINING. IN ADDITION, STAFF WORK WITH SEVERAL STATE AND REGIONAL PARTNERS TO CONDUCT CONSULTANT BRIEFINGS, FAMILIARIZATION TOURS, AND REGULARLY SUBMIT REQUESTS FOR PROPOSALS IN AN EFFORT TO GAIN SITE VISITS IN THE REGION FOR PROSPECTIVE EMPLOYERS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0278648
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt011660
IRS990/FeesForServicesAccountingGrp/TotalAmt011660
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt05872
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt017617
IRS990/FeesForServicesLegalGrp/TotalAmt023489
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06685
IRS990/FeesForServicesOtherGrp/TotalAmt06685
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.75
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.75
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/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt09756
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/PersonNm0MICHAEL BUGALSKI
IRS990/Form990PartVIISectionAGrp/PersonNm1CHUCK MCKEOWN
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN TRUESDELL
IRS990/Form990PartVIISectionAGrp/PersonNm3JB WAGGONER
IRS990/Form990PartVIISectionAGrp/PersonNm4JEFF LASHLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5BRIAN CRANE
IRS990/Form990PartVIISectionAGrp/PersonNm6ROB CATER
IRS990/Form990PartVIISectionAGrp/PersonNm7RUSS FREED
IRS990/Form990PartVIISectionAGrp/PersonNm8MEGAN SCHMITT
IRS990/Form990PartVIISectionAGrp/PersonNm9DOUG BURNETT
IRS990/Form990PartVIISectionAGrp/PersonNm10RAY STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm11SHANE ADRIAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0100317
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/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMA
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SEC/TREASURE
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0415822
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01030
IRS990/InformationTechnologyGrp/ProgramServicesAmt03090
IRS990/InformationTechnologyGrp/TotalAmt04120
IRS990/InsuranceGrp/ProgramServicesAmt02288
IRS990/InsuranceGrp/TotalAmt02288
IRS990/InterestGrp/ProgramServicesAmt02
IRS990/InterestGrp/TotalAmt02
IRS990/InvestmentIncomeGrp/ExclusionAmt01636
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01636
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt052854
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE INVESTMENT WITHIN RANDOLPH, MONROE, & HOWARD COUNTIES THROUGH BOTH EXPANSION OF EXISTING BUSINESSES AS WELL AS NEW BUSINESS ATTRACTION. THESE INVESTMENTS LEAD TO CREATION OF NEW JOBS, INCREASED TAX BASE FOR TAXING JURISDICTIONS AND MUNICIPALITIES, AND DIVERSIFICATION OF THE LOCAL ECONOMY.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0418617
IRS990/NetAssetsOrFundBalancesEOYAmt0473698
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0418617
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0473698
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06369
IRS990/OccupancyGrp/ProgramServicesAmt019109
IRS990/OccupancyGrp/TotalAmt025478
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08121
IRS990/OfficeExpensesGrp/TotalAmt08121
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0207
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015596
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015803
IRS990/OtherExpensesGrp/Desc0INDUSTRIAL APPREC DAY
IRS990/OtherExpensesGrp/Desc1DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc2IFA EXPENSES
IRS990/OtherExpensesGrp/Desc3INTERNAL MEETINGS
IRS990/OtherExpensesGrp/ProgramServicesAmt04832
IRS990/OtherExpensesGrp/ProgramServicesAmt14594
IRS990/OtherExpensesGrp/ProgramServicesAmt24513
IRS990/OtherExpensesGrp/ProgramServicesAmt31877
IRS990/OtherExpensesGrp/TotalAmt04832
IRS990/OtherExpensesGrp/TotalAmt14594
IRS990/OtherExpensesGrp/TotalAmt24513
IRS990/OtherExpensesGrp/TotalAmt31877
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011632
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt13250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011632
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt13250
IRS990/OtherRevenueTotalAmt014882
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033984
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt062686
IRS990/OtherSalariesAndWagesGrp/TotalAmt096670
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0779
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02719
IRS990/PayrollTaxesGrp/ProgramServicesAmt011971
IRS990/PayrollTaxesGrp/TotalAmt015469
IRS990/PensionPlanContributionsGrp/FundraisingAmt0301
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01020
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04589
IRS990/PensionPlanContributionsGrp/TotalAmt05910
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MICHAEL BUGALSKI
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1IFA INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0321900
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt119250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0321900
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt119250
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt050190
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02266
IRS990/PYOtherExpensesAmt0246724
IRS990/PYOtherRevenueAmt05325
IRS990/PYProgramServiceRevenueAmt0453750
IRS990/PYRevenuesLessExpensesAmt059494
IRS990/PYSalariesCompEmpBnftPaidAmt0205313
IRS990/PYTotalExpensesAmt0452037
IRS990/PYTotalRevenueAmt0511531
IRS990/ReconcilationRevenueExpnssAmt055081
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0415822
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0101366
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0201774
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0360741
IRS990ScheduleD/OtherRevenuesNotIncludedAmt02250
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt02250
IRS990ScheduleD/RevenueSubtotalAmt0413572
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0CASH TO ACCRUAL BASIS ADJUSTMENT 2,250
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CASH TO ACCRUAL BASIS ADJUSTMENT 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalExpensesPerForm990Amt0360741
IRS990ScheduleD/TotalRevenuePerForm990Amt0415822
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0413572
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0360741
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CITY OF MOBERLY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1HOWARD COUNTY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2MONROE COUNTY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0181000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt180000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt2800
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONTRACT SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONTRACT SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2CONTRACT SERVICES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROMOTE INVESTMENT WITHIN RANDOLPH, MONROE, & HOWARD COUNTIES THROUGH BOTH EXPANSION OF EXISTING BUSINESSES AS WELL AS NEW BUSINESS ATTRACTION. THESE INVESTMENTS LEAD TO CREATION OF NEW JOBS, INCREASED TAX BASE FOR TAXING JURISDICTIONS AND MUNICIPALITIES, AND DIVERSIFICATION OF THE LOCAL ECONOMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH OF THE MEMBER COUNTIES RECOMMENDS THE BOARD MEMBER TO REPRESENT THEIR COUNTY, SUBJECT TO APPROVAL FROM THE BOARD OF THE MOBERLY AREA ECONOMIC DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS MADE AVAILABLE TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE INDEPENDENT ACCOUNTANT DURING THE ANNUAL REVIEW OR AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD REVIEWS THE EXECUTIVE DIRECTOR'S COMPENSATION ANNUALLY AND DOCUMENTS THE DISCUSSION AND EVENTUAL DECISION ON ANY CHANGES TO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MOBERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0AREA ECONOMIC DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MOBERLY HOLDING COMPANY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0800772899
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0INVESTMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0115 N WILLIAMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MOBERLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd065270
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0true
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0true
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt09708
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt19708
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt29708
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR RENTAL VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR RENTAL VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FAIR RENTAL VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MOBERLY HOLDING COMPANY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MOBERLY HOLDING COMPANY
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2MOBERLY HOLDING COMPANY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2A
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0420972
IRS990/TotalAssetsEOYAmt0480372
IRS990/TotalAssetsGrp/BOYAmt0420972
IRS990/TotalAssetsGrp/EOYAmt0480372

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$480,372
Liabilities
$6,674
Net assets
$473,698
Revenue
$415,822
Expenses
$360,741
Net income
$55,081
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.85$0.19$6.66$3.52$2.70$0.82
2023Summary only. Only limited summary data is available for this year.$5.95$0.11$5.84$3.75$3.24$0.51
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.06$0.02$6.05$5.51$4.20$1.31
2021Detailed filing. Detailed filing data is available for this year.$4.80$0.07$4.74$4.16$3.61$0.55
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.21$0.02$4.19$5.12$4.52$0.59
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.60$0.00$3.59$4.88$3.45$1.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.05$2.16$4.75$5.28$0.52
2017Summary only. Only limited summary data is available for this year.$2.69$0.01$2.68$5.51$4.74$0.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.01$1.91$5.65$5.01$0.64
2015Summary only. Only limited summary data is available for this year.$1.27$0.00$1.27$4.08$3.98$0.10
2014Summary only. Only limited summary data is available for this year.$1.16$0.00$1.16$4.30$4.17$0.13
2013Summary only. Only limited summary data is available for this year.$1.08$0.05$1.03$5.02$4.24$0.78
2012Summary only. Only limited summary data is available for this year.$0.70$0.44$0.25$4.41$3.94$0.46
2011Summary only. Only limited summary data is available for this year.$9.74$1.08$8.67$5.34$4.43$0.91