Civic Intelligence

Southwest Johnson Co Economic Developement

EIN 48-1131265 • 501(c)6 • Gardner, KS

Profile

Stimulate economic growth by demonstrating to new and existing companies the unique business advantage of a southwest johnson county location.

PO Box 456Gardner, KS 66030

swjocoks-edc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.33x

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

501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

64th percentile

0.02x

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

501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

39th percentile

-4.6%

Higher net margin than 39% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

80th percentile

19%

Faster asset growth than 80% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2022

Revenue Growth

47th percentile

-0.4%

Faster revenue growth than 47% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2022

Assets

Up

$21,305

Up $6,209 (+41%) from 2020

Liabilities

Down

$6,949

Down $7,585 (-52%) from 2020

Net Assets

Up

$14,356

Up $13,794 (+2454%) from 2020

Revenue

Down

$334,636

Down $2,502 (-0.7%) from 2020

Expenses

Up

$350,056

Up $22,456 (+6.9%) from 2020

Net Income

Down

-$15,420

Down $24,958 (-262%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2010: $124,227Liabilities 2010: $0Net Assets 2010: $124,2272010Assets 2011: $78,665Liabilities 2011: $0Net Assets 2011: $78,6652011Assets 2012: $47,166Liabilities 2012: $0Net Assets 2012: $47,1662012Assets 2013: $50,155Liabilities 2013: $0Net Assets 2013: $50,1552013Assets 2014: $41,595Liabilities 2014: $0Net Assets 2014: $41,5952014Assets 2015: $11,009Liabilities 2015: $0Net Assets 2015: $11,0092015Assets 2016: $7,634Liabilities 2016: $0Net Assets 2016: $7,6342016Assets 2017: $11,780Liabilities 2017: $2,070Net Assets 2017: $9,7102017Assets 2018: $11,341Liabilities 2018: $19,257Net Assets 2018: -$7,9162018Assets 2019: $10,057Liabilities 2019: $19,033Net Assets 2019: -$8,9762019Assets 2020: $15,096Liabilities 2020: $14,534Net Assets 2020: $5622020Assets 2022: $21,305Liabilities 2022: $6,949Net Assets 2022: $14,3562022

Highlighted filing

2022

Assets$21,305
Liabilities$6,949
Net Assets$14,356

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KExpenses 2010: $219,9212010Expenses 2011: $276,8652011Expenses 2012: $224,7322012Revenue 2013: $230,130Expenses 2013: $233,249Net Income 2013: -$3,1192013Revenue 2014: $245,695Expenses 2014: $254,255Net Income 2014: -$8,5602014Revenue 2015: $277,261Expenses 2015: $307,847Net Income 2015: -$30,5862015Revenue 2016: $277,873Expenses 2016: $281,248Net Income 2016: -$3,3752016Revenue 2017: $269,398Expenses 2017: $267,322Net Income 2017: $2,0762017Revenue 2018: $269,763Expenses 2018: $287,389Net Income 2018: -$17,6262018Revenue 2019: $302,439Expenses 2019: $303,499Net Income 2019: -$1,0602019Revenue 2020: $337,138Expenses 2020: $327,600Net Income 2020: $9,5382020Revenue 2022: $334,636Expenses 2022: $350,056Net Income 2022: -$15,4202022

Highlighted filing

2022

Revenue$334,636
Expenses$350,056
Net Income-$15,420

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 31, 2023
Return Version
2022v4.1
Gross Receipts
$334,636
Mission and Program Overview

Mission

Stimulate economic growth by demonstrating to new and existing companies the unique business advantage of a southwest johnson county location.

Stimulate economic growth by demonstrating to new and existing companies the unique business advantage of Southwest Johnson County location

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$27,496$18,340▼ $9,156
Savings and Temporary Cash Investments$2,965$2,965→ $0
Total Assets$30,461$21,305▼ $9,156
Liabilities
Accounts Payable and Accrued Expenses$685$6,949▲ $6,264
Total Liabilities$685$6,949▲ $6,264
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,776$14,356▼ $15,420
Total Net Assets Fund Balance$29,776$14,356▼ $15,420
Total Liabilities and Net Assets / Fund Balance$30,461$21,305▼ $9,156
Compensation and Service Providers

Board Members and Trustees

NameTitle
John RiderDirector Chairman
Joe CaldwellImmediate Past Chairman
Aaron OttoDirector
Arlen KleinsorgeDirector
Brian JohanningDirector
Carol LehmanDirector
Chris StaraDirector
Cory ClaxtonDirector
Derek CoxDirector
Jason LeibDirector
Jim LehmanDirector
Josh SmithDirector
Julie DeanDirector
Justin DuffDirector
Rachel LaffitteDirector
Roger SummersDirector
Shirley AllenbrandDirector
Steve ShuteDirector
Todd WintersDirector
Tom MertzDirector
Travis SchramDirector
Greg MartinetteExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$334,489
Program Service Revenue
$0
Investment Income
$147
Other Revenue
$0
All Other Contributions
$11,627
Change in Net Assets
$-15,420
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$206,931
Other Expenses$143,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$161,158--$161,158
Advertising$94,883--$94,883
Pension Plan Contributions$17,640--$17,640
Other Employee Benefits$16,691--$16,691
Information Technology$14,683--$14,683
Payroll Taxes$11,442--$11,442
Office Expenses$10,264--$10,264
Fees for Services Accounting$8,202--$8,202
Travel$7,593--$7,593
Other Expenses$6,900--$6,900
Insurance$600--$600
Total Functional Expenses$350,056$0$0$350,056
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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

Members or stockholder classes and rights Part VI line 6

Section 1 Membership The membership of this corporation shall be composed of two categories, TI-WIT Governmental and Private Sector. The founding governmental entities which hold a membership in this corporation shall be the city of Gardner, Kansas and the Johnson County Airport Commission, an agency of Johnson County, Kansas, both of whom shall contribute annual dues to the corporation. The Gardner-Edgerton-Antioch Unified School District No 231 shall also hold a membership in the corporation, however it shall not be required to pay dues so long as it is restricted from doing so by law. The individual levels are as follows, Platinum Level, Gold Level, Silver Level, and Bronze Level.

Governing body decisions Part VI line 7B

Subject to limitations of the articles of incorporation, of the bylaws, and of the Kansas Corporation Code as to action which shall be authorized or approved by members, and subject to the duties of directors as prescribed by the bylaws, all corporate powers shall be exercised by or under the control of the Board of Directors.

Form 990 governing body review Part VI line 11

The Board of Directors shall appoint an executive committee to be comprised of the Chairman, Vice-Chairman, Secretary/Treasurer and the Immediate Past Chairman of the corporation. The Immediate Past Chairman, or in his absence, the Chairman, shall chair said committee. The President shall be an Ex-Officio member of the committee. The duties of the committee shall include, but not be limited to oversee the operations of the corporation, to approve a plan of work for and oversee the work of the President, to oversee the current budget and approve a proposed budget for the upcoming year, to meet with prospective members of the corporation, to meet with prospective economic investors when asked to do so by the President and to deal with the concerns of the membership.

CEO executive director top management comp Part VI line 15A

Except for the President, who shall be an employee of the corporation, officers shall not receive any compensation for services as an officer of the corporation. Officers may be reimbursed for reasonable out-of-pocket expenses incurred in the performance of their duties as officers, such reimbursements shall be subject to the approval of a majority of the Directors. Nothing herein contained shall be construed to preclude any officer from serving the corporation in any other capacity as an agent, employee or otherwise, and receiving compensation, therefore.

Other officer or key employee compensation Part VI line 15B

There are not other employees that are compensated.

Governing documents etc available to public Part VI line 19

All governing documents are released as inquired for and by the public. Certain yearly documents are made public on the web stie, others will be dispersed at the request of the public.

Filing and Contact Details

Filer

Filer Name
Southwest Johnson Co Economic Development
EIN
48-1131265
Address
PO Box 456, Gardner, KS 66030

Signing Officer

Name
Greg Martinette
Title
Executive Direc
Phone
9137646566
Signed
2023-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Martinette
Formed
2009
Legal Domicile
Ks
Voting Board Members
15
Independent Board Members
15
Employees
1

Preparer

Firm
Ball CPA Services LLC
Address
23606 W 92nd Street, Lenexa, KS 66227
Preparer
Mark Ball
Phone
9136871495
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IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt20Immediate Past Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt21Executive Director
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IRS990/MissionDesc0Stimulate economic growth by demonstrating to new and existing companies the unique business advantage of Southwest Johnson County location
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Section 1 Membership The membership of this corporation shall be composed of two categories, TI-WIT Governmental and Private Sector. The founding governmental entities which hold a membership in this corporation shall be the city of Gardner, Kansas and the Johnson County Airport Commission, an agency of Johnson County, Kansas, both of whom shall contribute annual dues to the corporation. The Gardner-Edgerton-Antioch Unified School District No 231 shall also hold a membership in the corporation, however it shall not be required to pay dues so long as it is restricted from doing so by law. The individual levels are as follows, Platinum Level, Gold Level, Silver Level, and Bronze Level.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Subject to limitations of the articles of incorporation, of the bylaws, and of the Kansas Corporation Code as to action which shall be authorized or approved by members, and subject to the duties of directors as prescribed by the bylaws, all corporate powers shall be exercised by or under the control of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors shall appoint an executive committee to be comprised of the Chairman, Vice-Chairman, Secretary/Treasurer and the Immediate Past Chairman of the corporation. The Immediate Past Chairman, or in his absence, the Chairman, shall chair said committee. The President shall be an Ex-Officio member of the committee. The duties of the committee shall include, but not be limited to oversee the operations of the corporation, to approve a plan of work for and oversee the work of the President, to oversee the current budget and approve a proposed budget for the upcoming year, to meet with prospective members of the corporation, to meet with prospective economic investors when asked to do so by the President and to deal with the concerns of the membership.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Except for the President, who shall be an employee of the corporation, officers shall not receive any compensation for services as an officer of the corporation. Officers may be reimbursed for reasonable out-of-pocket expenses incurred in the performance of their duties as officers, such reimbursements shall be subject to the approval of a majority of the Directors. Nothing herein contained shall be construed to preclude any officer from serving the corporation in any other capacity as an agent, employee or otherwise, and receiving compensation, therefore.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4There are not other employees that are compensated.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All governing documents are released as inquired for and by the public. Certain yearly documents are made public on the web stie, others will be dispersed at the request of the public.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Greg Martinette
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