Civic Intelligence

Economic Development Properties Inc

990 • Fiscal year 2015 • EIN 61-1105122

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 09, 2016

Organization ProfileWWW.OWENSBORO.COM
200 East 3rd StreetOwensboro, KY 42303

(270) 926-1860

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

26th percentile

0.05x

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

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

2nd percentile

-51%

Higher net margin than 2% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

33rd percentile

-1.8%

Faster asset growth than 33% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

19th percentile

-6.5%

Faster revenue growth than 19% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets12th percentile

Assets

Down

$1,415,817

Down $26,019 (-1.8%) from 2014

Net Assets

Down

$1,413,357

Down $25,900 (-1.8%) from 2014

Liabilities

Down

$2,460

Down $119 (-4.6%) from 2014

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin2nd percentile

Revenue

Down

$50,512

Down $3,517 (-6.5%) from 2014

Expenses

Up

$76,412

Up $34,914 (+84%) from 2014

Net Income

Down

-$25,900

Down $38,431 (-307%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $371,681Liabilities 2011: $1,5002011Assets 2012: $391,517Liabilities 2012: $1,5002012Assets 2013: $1,430,462Liabilities 2013: $3,736Net Assets 2013: $1,426,7262013Assets 2014: $1,441,836Liabilities 2014: $2,579Net Assets 2014: $1,439,2572014Assets 2015: $1,415,817Liabilities 2015: $2,460Net Assets 2015: $1,413,3572015Assets 2016: $1,397,909Liabilities 2016: $0Net Assets 2016: $1,397,9092016Assets 2017: $1,374,687Liabilities 2017: $1,874Net Assets 2017: $1,372,8132017Assets 2018: $1,344,158Liabilities 2018: $3,569Net Assets 2018: $1,340,5892018Assets 2019: $1,298,981Liabilities 2019: $7,433Net Assets 2019: $1,291,5482019Assets 2020: $134,856Liabilities 2020: $2,530Net Assets 2020: $132,3262020Assets 2021: $137,211Liabilities 2021: $8,945Net Assets 2021: $128,2662021Assets 2022: $125,767Liabilities 2022: $9,545Net Assets 2022: $116,2222022Assets 2023: $30,369Liabilities 2023: $13,618Net Assets 2023: $16,7512023Assets 2024: $40,334Liabilities 2024: $13,051Net Assets 2024: $27,2832024

Highlighted filing

2015

Assets$1,415,817
Liabilities$2,460
Net Assets$1,413,357
Open 2015 Filing

Operations Trend

Revenue Growth19th percentile

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

$500K$0-$500K-$1.0M-$1.5MRevenue 2011: $44,450Expenses 2011: $14,635Net Income 2011: $29,8152011Revenue 2012: $40,470Expenses 2012: $20,634Net Income 2012: $19,8362012Expenses 2013: $21,1952013Revenue 2014: $54,029Expenses 2014: $41,498Net Income 2014: $12,5312014Revenue 2015: $50,512Expenses 2015: $76,412Net Income 2015: -$25,9002015Revenue 2016: $43,299Expenses 2016: $58,747Net Income 2016: -$15,4482016Revenue 2017: $41,590Expenses 2017: $66,686Net Income 2017: -$25,0962017Revenue 2018: $41,353Expenses 2018: $73,577Net Income 2018: -$32,2242018Revenue 2019: $41,344Expenses 2019: $90,385Net Income 2019: -$49,0412019Revenue 2020: -$1,097,455Expenses 2020: $61,767Net Income 2020: -$1,159,2222020Revenue 2021: $34,730Expenses 2021: $58,748Net Income 2021: -$24,0182021Revenue 2022: $32,275Expenses 2022: $44,319Net Income 2022: -$12,0442022Revenue 2023: $31,804Expenses 2023: $131,275Net Income 2023: -$99,4712023Revenue 2024: $31,949Expenses 2024: $21,417Net Income 2024: $10,5322024

Highlighted filing

2015

Revenue$50,512
Expenses$76,412
Net Income-$25,900
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 9, 2016
Return Version
2014v6.0
Gross Receipts
$50,512
Mission and Program Overview

Mission

To encourage development of economic growth

To manage properties owned by the city, county, and industrial foundation

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,298,256$1,268,006▼ $30,250
Cash and Non-Interest-Bearing Accounts$142,466$146,748▲ $4,282
Accounts Receivable$754$692▼ $62
Prepaid Expenses and Deferred Charges$360$371▲ $11
Total Assets$1,441,836$1,415,817▼ $26,019
Liabilities
Accounts Payable and Accrued Expenses$2,579$2,460▼ $119
Total Liabilities$2,579$2,460▼ $119
Net Assets / Fund Balance
Unrestricted Net Assets$1,067,179$1,018,943▼ $48,236
Temporarily Rstr Net Assets$372,078$394,414▲ $22,336
Total Net Assets Fund Balance$1,439,257$1,413,357▼ $25,900
Total Liabilities and Net Assets / Fund Balance$1,441,836$1,415,817▼ $26,019

Asset Categories

AssetBook ValueDepreciationBasis
Land$708,381-$708,381
Other Land Buildings$559,625$45,375$605,000
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Madison SilvertPresident
Al MattinglyDirector
Dean StanleyDirector
Ron PayneDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$68
Other Revenue
$50,444
Change in Net Assets
$-25,900

Audited Revenue Reconciliation

Revenue per Audited Statements
$50,512
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$50,512
Total Revenue per Form 990
$50,512
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$76,412
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
Depreciation Depletion$30,250--$30,250
Fees for Services Legal-$3,078-$3,078
Fees for Services Accounting-$1,800-$1,800
Insurance-$1,103-$1,103
Occupancy$197--$197
Other Expenses$16,119$15-$15
Total Functional Expenses$70,381$6,031$0$76,412

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$76,412
Total Expenses per Audited Statements$76,412
Total Expenses per Form 990$76,412
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“THERE ARE NO COMMITTEES.”

Form 990, Part VI, Section B, Line 11

“Form 990 is reviewed by the president before being filed.”

Form 990, Part VI, Section C, Line 19

“Organization makes its form 990 available to the public upon request.”

Part VII, Section A

“The president of the organization is an employee of the owensboro-daviess county industrial development authority. His salary is paid by the ida.”

Filing and Contact Details

Filer

Filer Name
Economic Development Properties Inc
EIN
61-1105122
Phone
2709261860
Address
200 EAST 3RD STREET, OWENSBORO, KY 42303

Signing Officer

Name
Madison Silvert
Title
President
Phone
2709264339
Signed
2016-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Madison Silvert
Formed
1986
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
ALEXANDER & COMPANY CPA'S PSC
Address
2707 BRECKENRIDGE STREET SUITE 1, OWENSBORO, KY 42303
Preparer
Joseph B Keller Jr CPA
Phone
2706843237
Raw XML Appendix299 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02579
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02460
IRS990/AccountsReceivableGrp/BOYAmt0754
IRS990/AccountsReceivableGrp/EOYAmt0692
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO MANAGE PROPERTIES OWNED BY THE CITY, COUNTY, AND INDUSTRIAL FOUNDATION
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JESSICA BOARMAN
IRS990/BooksInCareOfDetail/PhoneNum02709261860
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 E 3RD ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0OWENSBORO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd042303
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0142466
IRS990/CashNonInterestBearingGrp/EOYAmt0146748
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt068
IRS990/CYOtherExpensesAmt076412
IRS990/CYOtherRevenueAmt050444
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-25900
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt076412
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt050512
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt030250
IRS990/DepreciationDepletionGrp/TotalAmt030250
IRS990/Desc0TO MANAGE PROPERTIES OWNED BY THE CITY, COUNTY AND INDUSTRIAL FOUNDATION
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/ExpenseAmt070381
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01800
IRS990/FeesForServicesAccountingGrp/TotalAmt01800
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03078
IRS990/FeesForServicesLegalGrp/TotalAmt03078
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0RON PAYNE
IRS990/Form990PartVIISectionAGrp/PersonNm1DEAN STANLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2AL MATTINGLY
IRS990/Form990PartVIISectionAGrp/PersonNm3MADISON SILVERT
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt050512
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01103
IRS990/InsuranceGrp/TotalAmt01103
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt068
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt068
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt045375
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01298256
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01268006
IRS990/LandBldgEquipCostOrOtherBssAmt01313381
IRS990/LegalDomicileStateCd0KY
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENCOURAGE DEVELOPMENT OF ECONOMIC GROWTH
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01439257
IRS990/NetAssetsOrFundBalancesEOYAmt01413357
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0197
IRS990/OccupancyGrp/TotalAmt0197
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2MISC EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115
IRS990/OtherExpensesGrp/ProgramServicesAmt023815
IRS990/OtherExpensesGrp/ProgramServicesAmt116119
IRS990/OtherExpensesGrp/TotalAmt023850
IRS990/OtherExpensesGrp/TotalAmt116119
IRS990/OtherExpensesGrp/TotalAmt215
IRS990/OtherRevenueMiscGrp/BusinessCd0110000
IRS990/OtherRevenueMiscGrp/BusinessCd1811000
IRS990/OtherRevenueMiscGrp/Desc0FARM INCOME
IRS990/OtherRevenueMiscGrp/Desc1MAINT FEE INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt048669
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11775
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt048669
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11775
IRS990/OtherRevenueTotalAmt050444
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0360
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0371
IRS990/PrincipalOfficerNm0MADISON SILVERT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02235
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt069
IRS990/PYOtherExpensesAmt041498
IRS990/PYOtherRevenueAmt051725
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt012531
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt041498
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt054029
IRS990/ReconcilationRevenueExpnssAmt0-25900
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt076412
IRS990ScheduleD/LandGrp/BookValueAmt0708381
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0708381
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0559625
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt045375
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0605000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt050512
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01268006
IRS990ScheduleD/TotalExpensesPerForm990Amt076412
IRS990ScheduleD/TotalRevenuePerForm990Amt050512
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt050512
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt076412
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE PRESIDENT BEFORE BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PRESIDENT OF THE ORGANIZATION IS AN EMPLOYEE OF THE OWENSBORO-DAVIESS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY. HIS SALARY IS PAID BY THE IDA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VII, SECTION A
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0372078
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0394414
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01441836
IRS990/TotalAssetsEOYAmt01415817
IRS990/TotalAssetsGrp/BOYAmt01441836
IRS990/TotalAssetsGrp/EOYAmt01415817
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06031
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt070381
IRS990/TotalFunctionalExpensesGrp/TotalAmt076412
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02579
IRS990/TotalLiabilitiesEOYAmt02460
IRS990/TotalLiabilitiesGrp/BOYAmt02579
IRS990/TotalLiabilitiesGrp/EOYAmt02460
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01439257
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01413357
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt070381
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt050512
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt050512
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01441836
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01415817
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01067179
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01018943
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 EAST 3RD STREET
IRS990/USAddress/CityNm0OWENSBORO
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042303
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.OWENSBORO.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MADISON SILVERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02709264339
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ECONOMIC DEVELOPMENT PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0ECON
ReturnHeader/Filer/EIN0611105122
ReturnHeader/Filer/PhoneNum02709261860
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 EAST 3RD STREET
ReturnHeader/Filer/USAddress/CityNm0OWENSBORO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042303
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611120064
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER & COMPANY CPA'S PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02707 BRECKENRIDGE STREET SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OWENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042303
ReturnHeader/PreparerPersonGrp/PhoneNum02706843237
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH B KELLER JR CPA
ReturnHeader/ReturnTs02016-02-15T00:00:00-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,415,817
Liabilities
$2,460
Net assets
$1,413,357
Revenue
$50,512
Expenses
$76,412
Net income
-$25,900
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.03$0.02$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.01$0.02$0.03$0.13$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.01$0.12$0.03$0.04$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.13$0.03$0.06$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$1.10$0.06$1.16
2019Detailed filing. Detailed filing data is available for this year.$1.30$0.01$1.29$0.04$0.09$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.04$0.07$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.04$0.07$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.04$0.06$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.41$0.05$0.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.05$0.04$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$0.02
2012Summary only. Only limited summary data is available for this year.$0.39$0.00$0.04$0.02$0.02
2011Summary only. Only limited summary data is available for this year.$0.37$0.00$0.04$0.01$0.03