Civic Intelligence

Wilmington Business Development

990 • Fiscal year 2020 • EIN 56-0636999

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 12, 2020

Organization ProfileWWW.WILMINGTONBUSINESSDEVELOPMENT.COM

View Organization Page

P O Box 1698Wilmington, NC 28402

(910) 763-8414

Siviq Scores

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

Liabilities / Assets

84th percentile

0.47x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

78th percentile

0.49x

Higher debt load relative to revenue than 78% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

35th percentile

0.8%

Higher net margin than 35% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

96th percentile

$432,892

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 40.1% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

60th percentile

8.5%

Faster asset growth than 60% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

64th percentile

-2.7%

Faster revenue growth than 64% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$1,125,393

Up $87,709 (+8.5%) from 2019

Net Assets

Up

$591,829

Up $8,725 (+1.5%) from 2019

Liabilities

Up

$533,564

Up $78,984 (+17%) from 2019

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin35th percentile

Revenue

Down

$1,079,262

Down $30,451 (-2.7%) from 2019

Expenses

Down

$1,070,537

Down $32,315 (-2.9%) from 2019

Net Income

Up

$8,725

Up $1,864 (+27%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $455,483Liabilities 2011: $232,639Net Assets 2011: $222,8442011Assets 2012: $503,438Liabilities 2012: $297,241Net Assets 2012: $206,1972012Assets 2013: $560,660Liabilities 2013: $382,124Net Assets 2013: $178,5362013Assets 2014: $658,236Liabilities 2014: $429,708Net Assets 2014: $228,5282014Assets 2015: $792,719Liabilities 2015: $435,836Net Assets 2015: $356,8832015Assets 2016: $922,521Liabilities 2016: $427,929Net Assets 2016: $494,5922016Assets 2017: $916,658Liabilities 2017: $447,918Net Assets 2017: $468,7402017Assets 2018: $993,957Liabilities 2018: $417,716Net Assets 2018: $576,2412018Assets 2019: $1,037,684Liabilities 2019: $454,580Net Assets 2019: $583,1042019Assets 2020: $1,125,393Liabilities 2020: $533,564Net Assets 2020: $591,8292020Assets 2021: $1,358,209Liabilities 2021: $671,564Net Assets 2021: $686,6452021Assets 2022: $1,640,676Liabilities 2022: $708,617Net Assets 2022: $932,0592022Assets 2023: $1,928,213Liabilities 2023: $0Net Assets 2023: $1,928,2132023Assets 2024: $2,193,055Liabilities 2024: $0Net Assets 2024: $2,193,0552024

Highlighted filing

2020

Assets$1,125,393
Liabilities$533,564
Net Assets$591,829
Open 2020 Filing

Operations Trend

Revenue Growth64th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $754,930Expenses 2011: $866,168Net Income 2011: -$111,2382011Revenue 2012: $810,118Expenses 2012: $826,765Net Income 2012: -$16,6472012Revenue 2013: $876,096Expenses 2013: $903,757Net Income 2013: -$27,6612013Revenue 2014: $987,455Expenses 2014: $937,463Net Income 2014: $49,9922014Revenue 2015: $1,000,941Expenses 2015: $872,586Net Income 2015: $128,3552015Revenue 2016: $1,047,095Expenses 2016: $909,386Net Income 2016: $137,7092016Revenue 2017: $993,102Expenses 2017: $1,018,954Net Income 2017: -$25,8522017Revenue 2018: $1,082,182Expenses 2018: $974,681Net Income 2018: $107,5012018Revenue 2019: $1,109,713Expenses 2019: $1,102,852Net Income 2019: $6,8612019Revenue 2020: $1,079,262Expenses 2020: $1,070,537Net Income 2020: $8,7252020Revenue 2021: $1,081,122Expenses 2021: $986,306Net Income 2021: $94,8162021Revenue 2022: $1,342,071Expenses 2022: $1,096,657Net Income 2022: $245,4142022Revenue 2023: $1,504,050Expenses 2023: $1,309,977Net Income 2023: $194,0732023Revenue 2024: $1,599,774Expenses 2024: $1,334,932Net Income 2024: $264,8422024

Highlighted filing

2020

Revenue$1,079,262
Expenses$1,070,537
Net Income$8,725
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$1,079,262
Mission and Program Overview

Mission

The organization's mission is to encourage, solicit, advertise and promote the location and operation of industrial and manufacturing establishments within the trade areas of the city of wilmington, and new hanover and pender counties, n. C.

To attract industry to area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$522,008$555,879▲ $33,871
Prepaid Expenses and Deferred Charges$4,762$13,535▲ $8,773
Accounts Receivable$1,512$3,179▲ $1,667
Land, Buildings, and Equipment, Net$9,402$2,800▼ $6,602
Total Assets$1,037,684$1,125,393▲ $87,709
Other Assets Total$500,000$550,000▲ $50,000
Liabilities
Deferred Revenue$333,333$405,100▲ $71,767
Accounts Payable and Accrued Expenses$121,247$128,464▲ $7,217
Total Liabilities$454,580$533,564▲ $78,984
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$583,104$591,829▲ $8,725
Total Net Assets Fund Balance$583,104$591,829▲ $8,725
Total Liabilities and Net Assets / Fund Balance$1,037,684$1,125,393▲ $87,709

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,800$37,629-
Leasehold Improvements$0$61,988-
Other Assets Org$250,000--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
R Scott SatterfieldCEO/secretaryFT$272,240$160,652$432,892
Billy KingDirector of Business DevelFT$127,812$16,090$143,902

Board Members and Trustees

NameTitle
Bill CherryChairman
Sabrina SellsVice Chairman
Jack BartoDirector
Lauren HendersonDirector
Michael McwhorterDirector
Michael YoungbloodDirector
Mitch KeelDirector
Tim MilamDirector
Bill SaffoEx-officio Director
David WilliamsEx-officio Director
Patricia KusekEx-officio Director
Tee NunnleeEx-officio Director
John ElliotFormer Ex-officio Director
Julia Olsen-bosemanFormer Ex-officio Director
Fred SamzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,069,318
Investment Income
$9,944
Other Revenue
$0
Change in Net Assets
$8,725

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,079,262
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,079,262
Total Revenue per Form 990
$1,079,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$806,232
Other Expenses$264,305
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---$444,335
Other Salaries and Wages---$265,181
Fees for Services Other---$112,879
Occupancy---$39,746
Payroll Taxes---$34,272
Other Employee Benefits---$33,487
Pension Plan Contributions---$28,957
Conferences and Meetings---$17,861
Fees for Services Accounting---$15,950
All Other Expenses---$7,751
Depreciation Depletion---$6,602
Travel---$6,328
Insurance---$5,815
Other Expenses---$4,004
Total Functional Expenses$0$0$0$1,070,537

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,070,537
Total Expenses per Audited Statements$1,070,537
Total Expenses per Form 990$1,070,537
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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, Part VI, Section B, Line 11B

“The form 990 is reviewed by the ceo before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Executive committee of the board of directors annually reviews, monitors and enforces compliance with the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15A

“The ceo's accomplishments and performance is evaluated by the executive committee of the board of directors. The committee considers available market information and other relevant data. A memorandum was prepared by the chairman of the board regarding the ceo's performance review and compensation.”

Form 990, Part VI, Section C, Line 19

“The governing documents, confilict of interest policy, and the financial statements are not available to the public during the tax year.”

Filing and Contact Details

Filer

Filer Name
Wilmington Business Development
EIN
56-0636999
Phone
9107638414
Address
P O BOX 1698, WILMINGTON, NC 28402

Signing Officer

Name
R Scott Satterfield
Title
CEO
Phone
9107638414
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
R Scott Satterfield
Formed
1960
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
13
Employees
5
Volunteers
13

Preparer

Firm
Rsm US Llp
Address
300 NORTH 3RD STREET FIFTH FLOOR, WILMINGTON, NC 28401
Preparer
Hc Craft Iii CPA
Phone
9107629671
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other contract services 112,879.”

Financial Statement Notes

PART X, LINE 2:

“The organization believes that it has appropriate support for any tax postions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 451 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/LandBldgEquipCostOrOtherBssAmt0102417
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO ENCOURAGE, SOLICIT, ADVERTISE AND PROMOTE THE LOCATION AND OPERATION OF INDUSTRIAL AND MANUFACTURING ESTABLISHMENTS WITHIN THE TRADE AREAS OF THE CITY OF WILMINGTON, AND NEW HANOVER AND PENDER COUNTIES, N.C.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0583104
IRS990/NetAssetsOrFundBalancesEOYAmt0591829
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0583104
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0591829
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt039746
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0500000
IRS990/OtherAssetsTotalGrp/EOYAmt0550000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033487
IRS990/OtherExpensesGrp/Desc0CLIENT & PROGRAM DEVEL.
IRS990/OtherExpensesGrp/Desc1REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/TotalAmt031677
IRS990/OtherExpensesGrp/TotalAmt111247
IRS990/OtherExpensesGrp/TotalAmt24445
IRS990/OtherExpensesGrp/TotalAmt34004
IRS990/OtherSalariesAndWagesGrp/TotalAmt0265181
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt034272
IRS990/PensionPlanContributionsGrp/TotalAmt028957
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04762
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013535
IRS990/PrincipalOfficerNm0R SCOTT SATTERFIELD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACT SERVICES INCO
IRS990/ProgramServiceRevenueGrp/Desc2OTHER MEMBER SUPPORT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0597501
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1471195
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2622
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0597501
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1471195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2622
IRS990/ProgSrvcAccomActy2Grp/Desc0WBD ENDEAVORS TO SUPPORT EXISTING BUSINESSES OF GREATER WILMINGTON AND THE JOBS THEY REPRESENT. KEY INITIATIVES ARE FEEDBACK & INTELLIGENCE GATHERING, LOCATION SERVICE DELIVERY, AND RESOURCE DEVELOPMENT AND COORDINATION.
IRS990/ProgSrvcAccomActy3Grp/Desc0WBD AGGRESSIVELY DEPLOYS OUTREACH TOOLS IN SHOWCASING GREATER WILMINGTON AS A DESTINATION FOR HIGH-QUALITY ECONOMIC INVESTORS. KEY INITIATIVES ARE MARKET INTELLIGENCE, LEAD GENERATION & CLIENT DEVELOPMENT, PROJECT MANAGEMENT & TECHNICAL ASSISTANCE, AND INVOLVEMENT OF PUBLIC PARTNERS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08337
IRS990/PYOtherExpensesAmt0294389
IRS990/PYOtherRevenueAmt030141
IRS990/PYProgramServiceRevenueAmt01071235
IRS990/PYRevenuesLessExpensesAmt06861
IRS990/PYSalariesCompEmpBnftPaidAmt0808463
IRS990/PYTotalExpensesAmt01102852
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01109713
IRS990/ReconcilationRevenueExpnssAmt08725
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02800
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037629
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt040429
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01070537
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt061988
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt061988
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0300000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1250000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH DESIGNATED FOR OPERATIONAL RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CERTIFICATE OF DEPOSIT - UNDESIGNATED
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01079262
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSTIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02800
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0550000
IRS990ScheduleD/TotalExpensesPerForm990Amt01070537
IRS990ScheduleD/TotalRevenuePerForm990Amt01079262
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01079262
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01070537
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/IdemnificationGrossUpPmtsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0272240
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount078000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt030334
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt029052
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt023266
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0R SCOTT SATTERFIELD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO/SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0432892
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0TYPE OF BENEFIT: SOCIAL CLUB DUES LISTED PERSON WHO RECEIVED BENEFIT: R. SCOTT SATTERFIELD, CEO ALL SOCIAL CLUB DUES ARE TREATED AS TAXABLE COMPENSATION TO THE LISTED PERSON. THE BOARD OF DIRECTORS HAS DETERMINED THAT A SOCIAL CLUB MEMBERSHIP IS NEEDED TO PROVIDE THE APPROPRIATE ENVIRONMENT FOR MEETINGS WITH BUSINESS RELOCATION PROSPECTS, OTHER KEY STAKEHOLDERS AND THE MEMBERSHIP. THE FACILITY CURRENTLY IDENTIFIED DOES NOT ACCEPT BUSINESS MEMBERSHIPS. THEREFORE, THE CHIEF EXECUTIVE OFFICER IS THE DESIGNATED CLUB MEMBER FOR THIS PURPOSE AND OTHER REPORTABLE COMPENSATION INCLUDES HIS MEMBERSHIP DUES AS GROSSED UP FOR INCOME TAX PURPOSES.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE CEO BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS, MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO'S ACCOMPLISHMENTS AND PERFORMANCE IS EVALUATED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE CONSIDERS AVAILABLE MARKET INFORMATION AND OTHER RELEVANT DATA. A MEMORANDUM WAS PREPARED BY THE CHAIRMAN OF THE BOARD REGARDING THE CEO'S PERFORMANCE REVIEW AND COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFILICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER CONTRACT SERVICES 112,879.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01037684
IRS990/TotalAssetsEOYAmt01125393
IRS990/TotalAssetsGrp/BOYAmt01037684
IRS990/TotalAssetsGrp/EOYAmt01125393
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/TotalAmt01070537
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0454580
IRS990/TotalLiabilitiesEOYAmt0533564
IRS990/TotalLiabilitiesGrp/BOYAmt0454580
IRS990/TotalLiabilitiesGrp/EOYAmt0533564
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0583104
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0591829
IRS990/TotalOtherCompensationAmt075476
IRS990/TotalProgramServiceRevenueAmt01069318
IRS990/TotalReportableCompFromOrgAmt0501318
IRS990/TotalRevenueGrp/ExclusionAmt09944
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01069318
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01079262
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,125,393
Liabilities
$533,564
Net assets
$591,829
Revenue
$1,079,262
Expenses
$1,070,537
Net income
$8,725
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.19$0.00$2.19$1.60$1.33$0.26
2023Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$1.50$1.31$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.64$0.71$0.93$1.34$1.10$0.25
2021Detailed filing. Detailed filing data is available for this year.$1.36$0.67$0.69$1.08$0.99$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.13$0.53$0.59$1.08$1.07$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.04$0.45$0.58$1.11$1.10$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.42$0.58$1.08$0.97$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.92$0.45$0.47$0.99$1.02$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.92$0.43$0.49$1.05$0.91$0.14
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.44$0.36$1.00$0.87$0.13
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.43$0.23$0.99$0.94$0.05
2013Summary only. Only limited summary data is available for this year.$0.56$0.38$0.18$0.88$0.90$0.03
2012Summary only. Only limited summary data is available for this year.$0.50$0.30$0.21$0.81$0.83$0.02
2011Summary only. Only limited summary data is available for this year.$0.46$0.23$0.22$0.75$0.87$0.11