Civic Intelligence

Chatham County Economic Development Corporation

990 • Fiscal year 2023 • EIN 56-2048401

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

Organization ProfileWWW.CHATHAMEDC.ORG
P O Box 1627Pittsboro, NC 27312

(919) 542-8274

Siviq Scores

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

Liabilities / Assets

26th percentile

0.03x

Higher debt load relative to assets than 26% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

30th percentile

0.07x

Higher debt load relative to revenue than 30% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Source year 2023

Net Margin

34th percentile

-2.9%

Higher net margin than 34% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

69th percentile

$162,522

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 31.3% of source-year revenue.

2023 filings • NTEE S • $1M-$5M nonprofits • Source year 2023

Asset Growth

40th percentile

-0.6%

Faster asset growth than 40% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

5th percentile

-61%

Faster revenue growth than 5% of similar nonprofits.

2023 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$1,378,829

Down $8,400 (-0.6%) from 2022

Net Assets

Down

$1,343,275

Down $19,760 (-1.4%) from 2022

Liabilities

Up

$35,554

Up $11,360 (+47%) from 2022

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin34th percentile

Revenue

Down

$519,154

Down $808,925 (-61%) from 2022

Expenses

Down

$534,387

Down $158,337 (-23%) from 2022

Net Income

Down

-$15,233

Down $650,588 (-102%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$1.5M$1.0M$500K$0Assets 2012: $806,667Liabilities 2012: $246,842Net Assets 2012: $559,8252012Assets 2013: $713,640Liabilities 2013: $185,213Net Assets 2013: $528,4272013Assets 2014: $1,079,287Liabilities 2014: $32,284Net Assets 2014: $1,047,0032014Assets 2015: $1,038,151Liabilities 2015: $76,538Net Assets 2015: $961,6132015Assets 2016: $949,061Liabilities 2016: $82,996Net Assets 2016: $866,0652016Assets 2017: $832,872Liabilities 2017: $25,079Net Assets 2017: $807,7932017Assets 2018: $789,191Liabilities 2018: $21,372Net Assets 2018: $767,8192018Assets 2019: $923,141Liabilities 2019: $102,870Net Assets 2019: $820,2712019Assets 2020: $930,074Liabilities 2020: $146,130Net Assets 2020: $783,9442020Assets 2021: $874,185Liabilities 2021: $131,274Net Assets 2021: $742,9112021Assets 2022: $1,387,229Liabilities 2022: $24,194Net Assets 2022: $1,363,0352022Assets 2023: $1,378,829Liabilities 2023: $35,554Net Assets 2023: $1,343,2752023Assets 2024: $1,253,122Liabilities 2024: $21,036Net Assets 2024: $1,232,0862024

Highlighted filing

2023

Assets$1,378,829
Liabilities$35,554
Net Assets$1,343,275
Open 2023 Filing

Operations Trend

Revenue Growth5th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $553,119Expenses 2012: $486,526Net Income 2012: $66,5932012Revenue 2013: $383,557Expenses 2013: $414,955Net Income 2013: -$31,3982013Revenue 2014: $949,240Expenses 2014: $430,664Net Income 2014: $518,5762014Revenue 2015: $525,989Expenses 2015: $611,379Net Income 2015: -$85,3902015Revenue 2016: $448,478Expenses 2016: $544,026Net Income 2016: -$95,5482016Revenue 2017: $543,230Expenses 2017: $605,735Net Income 2017: -$62,5052017Revenue 2018: $665,037Expenses 2018: $708,290Net Income 2018: -$43,2532018Revenue 2019: $395,402Expenses 2019: $341,820Net Income 2019: $53,5822019Revenue 2020: $431,985Expenses 2020: $467,645Net Income 2020: -$35,6602020Revenue 2021: $396,635Expenses 2021: $451,016Net Income 2021: -$54,3812021Revenue 2022: $1,328,079Expenses 2022: $692,724Net Income 2022: $635,3552022Revenue 2023: $519,154Expenses 2023: $534,387Net Income 2023: -$15,2332023Revenue 2024: $532,388Expenses 2024: $648,220Net Income 2024: -$115,8322024

Highlighted filing

2023

Revenue$519,154
Expenses$534,387
Net Income-$15,233
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$519,154
Mission and Program Overview

Mission

Building on the county's strategic location between the triad and triangle, edc is positioning chatham as the preferred location for emerging growth companies. The policy-driven approach focuses on targeted attraction, retention, and entrepreneurship to improve the lives of county residents. Edc supports infrastructure improvements and preservation of the county's strong quality of place.

To coordinate and promote economic development, creating good paying jobs, increasing the commercial tax base, and improving the standard of living for county residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$653,441$565,377▼ $88,064
Investments Other Securities$292,999$293,231▲ $232
Savings and Temporary Cash Investments$240,505$222,818▼ $17,687
Cash and Non-Interest-Bearing Accounts$72,499$152,138▲ $79,639
Investments in Publicly Traded Securities$120,147$136,382▲ $16,235
Prepaid Expenses and Deferred Charges$4,659$4,843▲ $184
Land, Buildings, and Equipment, Net$2,979$4,040▲ $1,061
Total Assets$1,387,229$1,378,829▼ $8,400
Liabilities
Accounts Payable and Accrued Expenses$15,684$22,180▲ $6,496
Other Liabilities$8,510$13,374▲ $4,864
Total Liabilities$24,194$35,554▲ $11,360
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,363,035$1,343,275▼ $19,760
Total Net Assets Fund Balance$1,363,035$1,343,275▼ $19,760
Total Liabilities and Net Assets / Fund Balance$1,387,229$1,378,829▼ $8,400

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,040$39,541$43,581
Other Securities$293,231--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
C Michael SmithPresidentFT$150,597$11,925$162,522

Board Members and Trustees

NameTitle
Chreatha AlstonChair
Craig WoodVice Chair
Antonio McbroomDirector
Bobby PalmerDirector
Debbie AndletonDirector
Jennifer PlattDirector
Saly Romero-torresDirector
Stephanie TerryDirector
Travis KosokiDirector
Shannon BeckerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$508,666
Program Service Revenue
$0
Investment Income
$10,488
Other Revenue
$0
All Other Contributions
$116,661
Change in Net Assets
$-15,233
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$387,745
Other Expenses$145,142
Total Fundraising Expense$59,036
Professional Fundraising Fees$1,500
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$104,948$46,644$14,993$166,585
Current Officers, Directors, Trustees, and Key Employees$108,376$36,125$19,705$164,206
Advertising$53,147--$53,147
Payroll Taxes$14,845$6,598$2,121$23,564
Fees for Services Accounting-$21,990-$21,990
Other Employee Benefits$13,224$5,877$1,889$20,990
Pension Plan Contributions$7,812$3,472$1,116$12,400
Conferences and Meetings$10,888$406-$11,294
Fees for Services Other$6,989$1,527-$8,516
Travel$7,861--$7,861
Office Expenses$4,414$1,962$631$7,007
Insurance$3,732$1,244-$4,976
Other Expenses$1,035$460$148$1,643
Fees for Services Professional Fundraising--$1,500$1,500
Fees for Service Investment Mgmnt Fees-$1,315-$1,315
Depreciation Depletion$715$318$102$1,135
Fees for Services Legal$889--$889
Interest$258$115$37$410
All Other Expenses$212$58$19$289
Total Functional Expenses$343,585$131,766$59,036$534,387
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$1,500
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$12,586
Agency Funds$788
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

“A copy of form 990 is reviewed by the finance committee prior to filing. Copies of the 990 are then made available to the governing body upon request.”

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

“Board members and staff are expected to disclose any actual or potential conflict of interest at the first available opportunity. The code of ethics and conflicts of interest policy are signed by board members and staff annually. In the event of an actual or possible conflict of interest, the interested party leaves the meeting and the remaining board members review, discuss and vote on the arrangement. All pertinent information regarding the conflict of interest is noted in the minutes for that meeting.”

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

“The board of directors deliberates and decides the compensation of the president. An employment agreement is on file which sets forth a performance review at the end of each fiscal year of employment at which time there may be a salary adjustment.”

Form 990, Part VI, Section C, Line 19

“The by-laws are available from the organization's website. Requests for other governing documents, conflicts of interest policy, and financial statements are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Chatham County Economic Development
EIN
56-2048401
Phone
9195428274
Address
P O BOX 1627, PITTSBORO, NC 27312

Signing Officer

Name
Craig Wood
Title
Vice Chair
Phone
9195428274
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Craig Wood
Formed
1997
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
10
Employees
6
Volunteers
20

Preparer

Firm
Dean Dorton Allen Ford Pllc
Address
4130 PARKLAKE AVE STE 400, RALEIGH, NC 27612
Preparer
Paul B Miller
Phone
9198792909
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“No change in the oversight or selection process.”

Financial Statement Notes

PART X, LINE 2:

“It is the organization's policy to evaluate all tax positions to identify those that may be considered uncertain. All identified material tax positions are assessed and measured by a "more-likely-than-not" threshold to determine if the benefit of any uncertain tax position should be recognized in the financial statements. Any changes in the amount of a tax position are recognized in the period the change occurs.”

Raw XML AppendixShowing 400 of 487 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/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0BUILDING ON THE COUNTY'S STRATEGIC LOCATION BETWEEN THE TRIAD AND TRIANGLE, EDC IS POSITIONING CHATHAM AS THE PREFERRED LOCATION FOR EMERGING GROWTH COMPANIES. THE POLICY-DRIVEN APPROACH FOCUSES ON TARGETED ATTRACTION, RETENTION, AND ENTREPRENEURSHIP TO IMPROVE THE LIVES OF COUNTY RESIDENTS. EDC SUPPORTS INFRASTRUCTURE IMPROVEMENTS AND PRESERVATION OF THE COUNTY'S STRONG QUALITY OF PLACE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01363035
IRS990/NetAssetsOrFundBalancesEOYAmt01343275
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt06467
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt06467
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-4527
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01363035
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01343275
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0631
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01962
IRS990/OfficeExpensesGrp/ProgramServicesAmt04414
IRS990/OfficeExpensesGrp/TotalAmt07007
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01889
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05877
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013224
IRS990/OtherEmployeeBenefitsGrp/TotalAmt020990
IRS990/OtherExpensesGrp/Desc0FEASABILITY STUDY
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2VEHICLE MAINTENANCE
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/FundraisingAmt016625
IRS990/OtherExpensesGrp/FundraisingAmt1150
IRS990/OtherExpensesGrp/FundraisingAmt2148
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03188
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1467
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2460
IRS990/OtherExpensesGrp/ProgramServicesAmt03188
IRS990/OtherExpensesGrp/ProgramServicesAmt11052
IRS990/OtherExpensesGrp/ProgramServicesAmt21035
IRS990/OtherExpensesGrp/TotalAmt016625
IRS990/OtherExpensesGrp/TotalAmt16376
IRS990/OtherExpensesGrp/TotalAmt21669
IRS990/OtherExpensesGrp/TotalAmt31643
IRS990/OtherLiabilitiesGrp/BOYAmt08510
IRS990/OtherLiabilitiesGrp/EOYAmt013374
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014993
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt046644
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0104948
IRS990/OtherSalariesAndWagesGrp/TotalAmt0166585
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02121
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06598
IRS990/PayrollTaxesGrp/ProgramServicesAmt014845
IRS990/PayrollTaxesGrp/TotalAmt023564
IRS990/PensionPlanContributionsGrp/FundraisingAmt01116
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03472
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07812
IRS990/PensionPlanContributionsGrp/TotalAmt012400
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0653441
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0565377
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04843
IRS990/PrincipalOfficerNm0CRAIG WOOD
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01320298
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt075000
IRS990/PYInvestmentIncomeAmt07781
IRS990/PYOtherExpensesAmt0152765
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0635355
IRS990/PYSalariesCompEmpBnftPaidAmt0381934
IRS990/PYTotalExpensesAmt0692724
IRS990/PYTotalProfFndrsngExpnsAmt083025
IRS990/PYTotalRevenueAmt01328079
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-15233
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0240505
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0222818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0508666
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01347298
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0394705
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0427625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0387827
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03066121
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010488
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07781
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01930
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04360
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07575
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt032134
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97740
IRS990ScheduleA/PublicSupportPY170Pct00.96670
IRS990ScheduleA/PublicSupportTotal170Amt03028086
IRS990ScheduleA/SubstantialContributorsTotAmt038035
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0508666
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01347298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0394705
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0427625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0387827
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03066121
IRS990ScheduleA/TotalSupportAmt03098255
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04040
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039541
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043581
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012586
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1788
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED VACATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1AGENCY FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0293231
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CERTIFICATE OF DEPOSIT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY THOSE THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A "MORE-LIKELY-THAN-NOT" THRESHOLD TO DETERMINE IF THE BENEFIT OF ANY UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS. ANY CHANGES IN THE AMOUNT OF A TAX POSITION ARE RECOGNIZED IN THE PERIOD THE CHANGE OCCURS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04040
IRS990ScheduleD/TotalBookValueSecuritiesAmt0293231
IRS990ScheduleD/TotalLiabilityAmt013374
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150597
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011925
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0C MICHAEL SMITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0162522
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING. COPIES OF THE 990 ARE THEN MADE AVAILABLE TO THE GOVERNING BODY UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND STAFF ARE EXPECTED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AT THE FIRST AVAILABLE OPPORTUNITY. THE CODE OF ETHICS AND CONFLICTS OF INTEREST POLICY ARE SIGNED BY BOARD MEMBERS AND STAFF ANNUALLY. IN THE EVENT OF AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE INTERESTED PARTY LEAVES THE MEETING AND THE REMAINING BOARD MEMBERS REVIEW, DISCUSS AND VOTE ON THE ARRANGEMENT. ALL PERTINENT INFORMATION REGARDING THE CONFLICT OF INTEREST IS NOTED IN THE MINUTES FOR THAT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS DELIBERATES AND DECIDES THE COMPENSATION OF THE PRESIDENT. AN EMPLOYMENT AGREEMENT IS ON FILE WHICH SETS FORTH A PERFORMANCE REVIEW AT THE END OF EACH FISCAL YEAR OF EMPLOYMENT AT WHICH TIME THERE MAY BE A SALARY ADJUSTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BY-LAWS ARE AVAILABLE FROM THE ORGANIZATION'S WEBSITE. REQUESTS FOR OTHER GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO CHANGE IN THE OVERSIGHT OR SELECTION PROCESS.
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$1,378,829
Liabilities
$35,554
Net assets
$1,343,275
Revenue
$519,154
Expenses
$534,387
Net income
-$15,233
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.25$0.02$1.23$0.53$0.65$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.04$1.34$0.52$0.53$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.02$1.36$1.33$0.69$0.64
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.13$0.74$0.40$0.45$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.15$0.78$0.43$0.47$0.04
2019Summary only. Only limited summary data is available for this year.$0.92$0.10$0.82$0.40$0.34$0.05
2018Summary only. Only limited summary data is available for this year.$0.79$0.02$0.77$0.67$0.71$0.04
2017Summary only. Only limited summary data is available for this year.$0.83$0.03$0.81$0.54$0.61$0.06
2016Summary only. Only limited summary data is available for this year.$0.95$0.08$0.87$0.45$0.54$0.10
2015Summary only. Only limited summary data is available for this year.$1.04$0.08$0.96$0.53$0.61$0.09
2014Summary only. Only limited summary data is available for this year.$1.08$0.03$1.05$0.95$0.43$0.52
2013Summary only. Only limited summary data is available for this year.$0.71$0.19$0.53$0.38$0.41$0.03
2012Summary only. Only limited summary data is available for this year.$0.81$0.25$0.56$0.55$0.49$0.07