Civic Intelligence

Harrison Area Economic Development Inc

990EZ • Fiscal year 2023 • EIN 51-0157153

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 18, 2024

Organization ProfileN/A
PO Box 337Harrison, MI 48625

(989) 539-7145

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

43rd percentile

-2.5%

Faster asset growth than 43% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets46th percentile

Assets

Flat

$288,426

Flat from 2023

Net Assets

$288,426

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2023

Expenses

Flat

$7,335

Flat from 2023

Net Income

Flat

-$7,335

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$600K$400K$200K$0Assets 2015: $439,017Liabilities 2015: $103,442Net Assets 2015: $335,5752015Assets 2016: $433,085Liabilities 2016: $87,9722016Assets 2017: $400,461Liabilities 2017: $55,496Net Assets 2017: $344,9652017Assets 2018: $376,206Liabilities 2018: $45,000Net Assets 2018: $331,2062018Assets 2019: $360,698Liabilities 2019: $35,000Net Assets 2019: $325,6982019Assets 2020: $337,835Liabilities 2020: $25,000Net Assets 2020: $312,8352020Assets 2021: $317,484Liabilities 2021: $15,000Net Assets 2021: $302,4842021Assets 2022: $295,761Liabilities 2022: $0Net Assets 2022: $295,7612022Assets 2023: $288,426Liabilities 2023: $0Net Assets 2023: $288,4262023Assets 2023: $288,426Liabilities 2023: $02023

Highlighted filing

2023

Assets$288,426
Liabilities$0
Net Assets$288,426
Open 2023 Filing

Operations Trend

Revenue Growth1st percentile

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

$30K$20K$10K$0-$10K-$20KRevenue 2015: $20,566Expenses 2015: $16,323Net Income 2015: $4,2432015Revenue 2016: $25,832Expenses 2016: $19,280Net Income 2016: $6,5522016Revenue 2017: $17,111Expenses 2017: $17,259Net Income 2017: -$1482017Revenue 2018: $9,396Expenses 2018: $23,155Net Income 2018: -$13,7592018Revenue 2019: $7,230Expenses 2019: $12,738Net Income 2019: -$5,5082019Revenue 2020: $4,958Expenses 2020: $17,821Net Income 2020: -$12,8632020Revenue 2021: $350Expenses 2021: $10,701Net Income 2021: -$10,3512021Revenue 2022: $2Expenses 2022: $6,725Net Income 2022: -$6,7232022Revenue 2023: $0Expenses 2023: $7,335Net Income 2023: -$7,3352023Revenue 2023: $0Expenses 2023: $7,335Net Income 2023: -$7,3352023

Highlighted filing

2023

Revenue$0
Expenses$7,335
Net Income-$7,335
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 18, 2024
Return Version
2023v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

To enter into any kind of activity, to promote and manage and administer the affairs of an industrial park in the harrison area. To encourage and promote the industrial growth of the city of harrison.

Program Services

DescriptionGrantsExpenses
DEVELOP AIRPORT INDUSTRIAL PARK$0$6,159
DEVELOP WELDON PROPERTY INDUSTRIAL PARK$0$0
Compensation and Service Providers
Top Officer Pay73rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAN WILHELMDirector-$0--
MAYE ROODDirector-$0--
ALLISON HEINRICHDirector-$0--
JAMES COLVILLEPresident-$0--
JUSTIN CAVANAUGHTreasurer/Secretary-$0--
Filing and Contact Details

Filer

Filer Name
Harrison Area Economic Development Inc
EIN
51-0157153
Phone
9895397145
Address
PO BOX 337, HARRISON, MI 48625

Signing Officer

Name
Justin Cavanaugh
Title
Treasurer
Phone
9895397145
Signed
2024-07-18
Discuss with paid preparer
Yes

Preparer

Firm
Weinlander Fitzhugh Pc
Address
601 BEECH STREET, CLARE, MI 48617
Preparer
Corinna Scharf CPA
Phone
9893863481
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: depreciation, depletion, amortization. Amount: 601.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: accounts receivable. Beg. Of year amount: 5,588. End of year amount: 5,588.”

Raw XML Appendix129 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUSTIN CAVANAUGH
IRS990EZ/BooksInCareOfDetail/PhoneNum09895397145
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02105 SULLIVAN DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HARRISON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048625
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0290173
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0282838
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-7335
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0575
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0295761
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0288426
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0295761
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0288426
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0295761
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0288426
IRS990EZ/OccupancyRentUtltsAndMaintAmt06159
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAN WILHELM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAYE ROOD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALLISON HEINRICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES COLVILLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JUSTIN CAVANAUGH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER/SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05588
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05588
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0601
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO ENTER INTO ANY KIND OF ACTIVITY, TO PROMOTE AND MANAGE AND ADMINISTER THE AFFAIRS OF AN INDUSTRIAL PARK IN THE HARRISON AREA. TO ENCOURAGE AND PROMOTE THE INDUSTRIAL GROWTH OF THE CITY OF HARRISON.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DEVELOP AIRPORT INDUSTRIAL PARK
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DEVELOP WELDON PROPERTY INDUSTRIAL PARK
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06159
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt07335
IRS990EZ/TotalProgramServiceExpensesAmt06159
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TypeOfOrganizationOtherDesc0NONPROFIT CORPORATION
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION, DEPLETION, AMORTIZATION. AMOUNT: 601.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 5,588. END OF YEAR AMOUNT: 5,588.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN CAVANAUGH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09895397145
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HARRISON AREA ECONOMIC DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0HARR
ReturnHeader/Filer/EIN0510157153
ReturnHeader/Filer/PhoneNum09895397145
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 337
ReturnHeader/Filer/USAddress/CityNm0HARRISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048625
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382272300
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEINLANDER FITZHUGH PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0601 BEECH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CLARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048617
ReturnHeader/PreparerPersonGrp/PhoneNum09893863481
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CORINNA SCHARF CPA
ReturnHeader/ReturnTs02024-07-18T13:23:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JUSTIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CAVANAUGH
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$288,426
Liabilities
$0
Net assets
$288,426
Revenue
$0
Expenses
$7,335
Net income
-$7,335
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$2.88$0.00$2.88$0.00$0.07$0.07
2023Summary only. Only limited summary data is available for this year.$2.88$0.00$0.00$0.07$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$0.00$2.96$0.00$0.07$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.15$3.02$0.00$0.11$0.10
2020Detailed filing. Detailed filing data is available for this year.$3.38$0.25$3.13$0.05$0.18$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$0.35$3.26$0.07$0.13$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.76$0.45$3.31$0.09$0.23$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.55$3.45$0.17$0.17$0.00
2016Summary only. Only limited summary data is available for this year.$4.33$0.88$0.26$0.19$0.07
2015Summary only. Only limited summary data is available for this year.$4.39$1.03$3.36$0.21$0.16$0.04