Civic Intelligence

Sikeston Economic Development Corporation

990 • Fiscal year 2024 • EIN 43-1723659

Jul 01, 2023 to Jun 30, 2024 • Filed on Jul 30, 2024

Organization Profile
105 E Center StreetSikeston, MO 63801

(573) 475-3714

Siviq Scores

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

Liabilities / Assets

45th percentile

0.00x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.00x

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

46th percentile

0.4%

Higher net margin than 46% of similar nonprofits.

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2024 filings • 501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$1

Up $1 from 2023

Net Assets

Up

$1

Up $1 from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin46th percentile

Revenue

Up

$276

Up $276 from 2023

Expenses

Up

$275

Up $275 from 2023

Net Income

Up

$1

Up $1 from 2023

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,765,239Liabilities 2011: $100Net Assets 2011: $1,765,1392011Assets 2012: $4,910,068Liabilities 2012: $2,896,972Net Assets 2012: $2,013,0962012Assets 2013: $5,628,275Liabilities 2013: $3,743,962Net Assets 2013: $1,884,3132013Assets 2014: $5,663,373Liabilities 2014: $3,769,668Net Assets 2014: $1,893,7052014Assets 2015: $5,701,897Liabilities 2015: $3,808,969Net Assets 2015: $1,892,9282015Assets 2016: $5,603,186Liabilities 2016: $3,696,454Net Assets 2016: $1,906,7322016Assets 2017: $5,497,525Liabilities 2017: $3,589,269Net Assets 2017: $1,908,2562017Assets 2018: $5,407,271Liabilities 2018: $3,477,782Net Assets 2018: $1,929,4892018Assets 2019: $5,316,213Liabilities 2019: $3,353,085Net Assets 2019: $1,963,1282019Assets 2020: $5,231,639Liabilities 2020: $3,237,039Net Assets 2020: $1,994,6002020Assets 2021: $5,140,849Liabilities 2021: $3,107,409Net Assets 2021: $2,033,4402021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $1Liabilities 2024: $0Net Assets 2024: $12024Assets 2025: $1Liabilities 2025: $0Net Assets 2025: $12025

Highlighted filing

2024

Assets$1
Liabilities$0
Net Assets$1
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $1,765,099Expenses 2011: $10Net Income 2011: $1,765,0892011Expenses 2012: $50,4322012Expenses 2013: $441,8382013Revenue 2014: $313,027Expenses 2014: $303,635Net Income 2014: $9,3922014Revenue 2015: $313,033Expenses 2015: $313,810Net Income 2015: -$7772015Revenue 2016: $313,017Expenses 2016: $299,213Net Income 2016: $13,8042016Revenue 2017: $313,017Expenses 2017: $311,493Net Income 2017: $1,5242017Revenue 2018: $313,017Expenses 2018: $291,784Net Income 2018: $21,2332018Revenue 2019: $313,017Expenses 2019: $279,378Net Income 2019: $33,6392019Revenue 2020: $313,017Expenses 2020: $281,545Net Income 2020: $31,4722020Revenue 2021: $313,017Expenses 2021: $274,177Net Income 2021: $38,8402021Revenue 2022: $0Expenses 2022: $2,033,440Net Income 2022: -$2,033,4402022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $276Expenses 2024: $275Net Income 2024: $12024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2024

Revenue$276
Expenses$275
Net Income$1
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Jul 30, 2024
Return Version
2023v5.0
Gross Receipts
$276
Mission and Program Overview

Mission

Construction and subsequent lease of a public safety building for the city of sikeston, missouri, via donated land from the city and loan proceeds from the united states department of agriculture rural development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$1-
Total Assets$0$1▲ $1
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$1-
Total Net Assets Fund Balance$0$1▲ $1
Total Liabilities and Net Assets / Fund Balance$0$1▲ $1
Compensation and Service Providers
Top Officer Pay74th percentile

Board Members and Trustees

NameTitle
Greg TurnbowPresident
Jon DouglassDirector
Marcie LawsonDirector
Vest BakerDirector
Karen BaileySecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$276
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$1
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$275
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$275-$275
Total Functional Expenses$0$275$0$275
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Copies provided at board meetings-agendas posted at city hall 24 hours prior to meeting.”

Form 990, Page 6, Part VI, Line 19

“Available at city hall upon request.”

Filing and Contact Details

Filer

Filer Name
Sikeston Economic Development
EIN
43-1723659
Phone
5734753714
Address
105 E CENTER STREET, SIKESTON, MO 63801

Signing Officer

Name
Karen Bailey
Title
Secretary/treasurer
Phone
5734753712
Signed
2024-07-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Turnbow
Formed
1994
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Essner Miles & Modde LLC
Address
205 W MALONE AVE STE H, SIKESTON, MO 63801
Preparer
Walter J Modde
Phone
5734715101
Supplemental Narrative

Additional Explanations

Form 990, Part XII

“Line 1: the basis of accounting is modified accrual which is cash plus depreciation.”

Raw XML Appendix216 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
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CONSTRUCTION AND SUBSEQUENT LEASE OF A PUBLIC SAFETY BUILDING FOR THE CITY OF SIKESTON, MISSOURI, VIA DONATED LAND FROM THE CITY AND LOAN PROCEEDS FROM THE UNITED STATES DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT.
IRS990/BooksInCareOfDetail/PersonNm0AMANDA GROVES
IRS990/BooksInCareOfDetail/PhoneNum05734753714
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0105 E CENTER STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SIKESTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd063801
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
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IRS990/Form990PartVIISectionAGrp/PersonNm3MARCIE LAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm4GREG TURNBOW
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0276
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0276
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MO
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CONSTRUCTION AND SUBSEQUENT LEASE OF A PUBLIC SAFETY BUILDING FOR THE CITY OF SIKESTON, MISSOURI, VIA DONATED LAND FROM THE CITY AND LOAN PROCEEDS FROM THE UNITED STATES DEPARTMENT OF AGRICULTURE RURAL DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesEOYAmt01
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPIES PROVIDED AT BOARD MEETINGS-AGENDAS POSTED AT CITY HALL 24 HOURS PRIOR TO MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE AT CITY HALL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 1: THE BASIS OF ACCOUNTING IS MODIFIED ACCRUAL WHICH IS CASH PLUS DEPRECIATION.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII
IRS990/SchoolOperatingInd0false
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN BAILEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05734753712
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SIKESTON ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SIKE
ReturnHeader/Filer/EIN0431723659
ReturnHeader/Filer/PhoneNum05734753714
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ReturnHeader/Filer/USAddress/CityNm0SIKESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MO
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SIKESTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd063801
ReturnHeader/PreparerPersonGrp/PhoneNum05734715101
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WALTER J MODDE
ReturnHeader/ReturnTs02024-10-09T11:15:50-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1
Liabilities
$0
Net assets
$1
Revenue
$276
Expenses
$275
Net income
$1
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$2.03$2.03
2021Detailed filing. Detailed filing data is available for this year.$5.14$3.11$2.03$0.31$0.27$0.04
2020Detailed filing. Detailed filing data is available for this year.$5.23$3.24$1.99$0.31$0.28$0.03
2019Detailed filing. Detailed filing data is available for this year.$5.32$3.35$1.96$0.31$0.28$0.03
2018Detailed filing. Detailed filing data is available for this year.$5.41$3.48$1.93$0.31$0.29$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.50$3.59$1.91$0.31$0.31$0.00
2016Detailed filing. Detailed filing data is available for this year.$5.60$3.70$1.91$0.31$0.30$0.01
2015Detailed filing. Detailed filing data is available for this year.$5.70$3.81$1.89$0.31$0.31$0.00
2014Detailed filing. Detailed filing data is available for this year.$5.66$3.77$1.89$0.31$0.30$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$3.74$1.88$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.91$2.90$2.01$0.05
2011Summary only. Only limited summary data is available for this year.$1.77$0.00$1.77$1.77$0.00$1.77