Civic Intelligence

The Industrial Development Board of the City of Tr

990 • Fiscal year 2017 • EIN 62-1373320

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 27, 2017

Organization ProfileN/A
309 S College StreetTrenton, TN 38382

(731) 855-2013

Siviq Scores

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

Liabilities / Assets

88th percentile

0.54x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

14.87x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

1st percentile

-375%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

4th percentile

-34%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

3rd percentile

-33%

Faster revenue growth than 3% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$709,242

Down $368,042 (-34%) from 2016

Net Assets

Down

$326,072

Down $96,518 (-23%) from 2016

Liabilities

Down

$383,170

Down $271,524 (-41%) from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

Down

$25,760

Down $12,472 (-33%) from 2016

Expenses

Up

$122,278

Up $53,882 (+79%) from 2016

Net Income

Down

-$96,518

Down $66,354 (-220%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $2,032,692Liabilities 2012: $1,166,703Net Assets 2012: $865,9892012Assets 2013: $1,275,224Liabilities 2013: $749,169Net Assets 2013: $526,0552013Assets 2014: $1,237,699Liabilities 2014: $727,914Net Assets 2014: $509,7852014Assets 2015: $1,132,737Liabilities 2015: $679,983Net Assets 2015: $452,7532015Assets 2016: $1,077,284Liabilities 2016: $654,694Net Assets 2016: $422,5902016Assets 2017: $709,242Liabilities 2017: $383,170Net Assets 2017: $326,0722017Assets 2018: $642,632Liabilities 2018: $307,626Net Assets 2018: $335,0062018Assets 2019: $615,161Liabilities 2019: $264,982Net Assets 2019: $350,1792019Assets 2020: $575,189Liabilities 2020: $226,373Net Assets 2020: $348,8162020Assets 2021: $534,012Liabilities 2021: $179,295Net Assets 2021: $354,7172021Assets 2022: $497,488Liabilities 2022: $129,785Net Assets 2022: $367,7032022Assets 2023: $464,993Liabilities 2023: $89,746Net Assets 2023: $375,2472023Assets 2024: $785,184Liabilities 2024: $369,593Net Assets 2024: $415,5912024Assets 2025: $829,139Liabilities 2025: $368,262Net Assets 2025: $460,8772025

Highlighted filing

2017

Assets$709,242
Liabilities$383,170
Net Assets$326,072
Open 2017 Filing

Operations Trend

Revenue Growth3rd percentile

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

$200K$0-$200K-$400KRevenue 2012: $61,004Expenses 2012: $111,851Net Income 2012: -$50,8472012Revenue 2013: -$230,598Expenses 2013: $109,336Net Income 2013: -$339,9342013Revenue 2014: $70,628Expenses 2014: $86,898Net Income 2014: -$16,2702014Revenue 2015: $18,920Expenses 2015: $75,952Net Income 2015: -$57,0322015Revenue 2016: $38,232Expenses 2016: $68,396Net Income 2016: -$30,1642016Revenue 2017: $25,760Expenses 2017: $122,278Net Income 2017: -$96,5182017Revenue 2018: $53,467Expenses 2018: $44,533Net Income 2018: $8,9342018Revenue 2019: $52,340Expenses 2019: $37,167Net Income 2019: $15,1732019Revenue 2020: $51,170Expenses 2020: $52,533Net Income 2020: -$1,3632020Revenue 2021: $49,938Expenses 2021: $44,037Net Income 2021: $5,9012021Revenue 2022: $48,646Expenses 2022: $35,660Net Income 2022: $12,9862022Revenue 2023: $42,348Expenses 2023: $34,804Net Income 2023: $7,5442023Revenue 2024: $103,942Expenses 2024: $63,598Net Income 2024: $40,3442024Revenue 2025: $118,075Expenses 2025: $72,789Net Income 2025: $45,2862025

Highlighted filing

2017

Revenue$25,760
Expenses$122,278
Net Income-$96,518
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 27, 2017
Return Version
2016v3.0
Gross Receipts
$353,111
Mission and Program Overview

Mission

The industrial board helped to maintain jobs by promoting industrial growth and providing industrial facilities at a fair cost.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$739,529$397,235▼ $342,294
Rtn Earn Endowment Incm Other Fnds$422,590$326,072▼ $96,518
Other Notes and Loans Receivable, Net$277,268$241,548▼ $35,720
Cash and Non-Interest-Bearing Accounts$58,941$70,459▲ $11,518
Total Assets$1,077,284$709,242▼ $368,042
Other Assets Total$1,546--
Liabilities
Other Liabilities$654,694$383,170▼ $271,524
Total Liabilities$654,694$383,170▼ $271,524
Net Assets / Fund Balance
Total Net Assets Fund Balance$422,590$326,072▼ $96,518
Total Liabilities and Net Assets / Fund Balance$1,077,284$709,242▼ $368,042

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$364,735$184,126$548,861
Land$32,500-$32,500
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Ed NormanPresident
Amy GreerMember
Charles HillMember
Eric AllenMember
Jimmy WilliamsMember
Jonathan EstesMember
Pat RileyMember
Richard IngramMember
Robert S PhelanMember
Bill JoynerSecretary
Bill WoodsVice Pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$14,416
Investment Income
$11,344
Other Revenue
$0
Change in Net Assets
$-96,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$122,278
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
Occupancy---$42,748
Depreciation Depletion---$14,943
Other Expenses---$5,000
All Other Expenses---$2,555
Total Functional Expenses$0$0$0$122,278
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Bill Joynersecurity BankBank OfficerLoan From BankNo-
Jimmy Williamsccc BankBank OfficerLoan From BankNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes Payable - Bancorpsouth$382,117
Interest Payable$1,053
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Industrial Development Board
EIN
62-1373320
Phone
7318552013
Address
309 S COLLEGE STREET, TRENTON, TN 38382

Signing Officer

Name
Ed Norman
Title
President
Phone
7318552013
Signed
2017-11-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Norman
Formed
1962
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Alexander Thompson Arnold Pllc
Address
109 W COURT SQUARE, TRENTON, TN 38382
Preparer
Jack M Matthis
Phone
7318551097
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“The industrial board helped to maintain jobs by promoting industrial growth and providing industrial facilities at a fair cost.”

Raw XML Appendix305 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE INDUSTRIAL BOARD HELPED TO MAINTAIN JOBS BY PROMOTING INDUSTRIAL GROWTH AND PROVIDING INDUSTRIAL FACILITIES AT A FAIR COST.
IRS990/AllOtherExpensesGrp/TotalAmt02555
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0LEIGH REYNOLDS
IRS990/BooksInCareOfDetail/PhoneNum07318552013
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0309 S COLLEGE ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0TRENTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038382
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt058941
IRS990/CashNonInterestBearingGrp/EOYAmt070459
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt011344
IRS990/CYOtherExpensesAmt0122278
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt014416
IRS990/CYRevenuesLessExpensesAmt0-96518
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0122278
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt025760
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt014943
IRS990/Desc0THE INDUSTRIAL BOARD HELPED TO MAINTAIN JOBS BY PROMOTING INDUSTRIAL GROWNTH AND PROVIDING INDUSTRIAL FACILITIES AT A FAIR COST.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0ED NORMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD INGRAM
IRS990/Form990PartVIISectionAGrp/PersonNm2BILL WOODS
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT S PHELAN
IRS990/Form990PartVIISectionAGrp/PersonNm4BILL JOYNER
IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLES HILL
IRS990/Form990PartVIISectionAGrp/PersonNm6JIMMY WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm7PAT RILEY
IRS990/Form990PartVIISectionAGrp/PersonNm8JONATHAN ESTES
IRS990/Form990PartVIISectionAGrp/PersonNm9ERIC ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm10AMY GREER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRES.
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-1260
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0326091
IRS990/GrossReceiptsAmt0353111
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt012604
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012604
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0184126
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0739529
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0397235
IRS990/LandBldgEquipCostOrOtherBssAmt0581361
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0327351
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE INDUSTRIAL BOARD HELPED TO MAINTAIN JOBS BY PROMOTING INDUSTRIAL GROWTH AND PROVIDING INDUSTRIAL FACILITIES AT A FAIR COST.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0422590
IRS990/NetAssetsOrFundBalancesEOYAmt0326072
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1260
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1260
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt042748
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01546
IRS990/OtherExpensesGrp/Desc0INTEREST EXPENSE
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc3LEASE EXP
IRS990/OtherExpensesGrp/TotalAmt027031
IRS990/OtherExpensesGrp/TotalAmt116546
IRS990/OtherExpensesGrp/TotalAmt213455
IRS990/OtherExpensesGrp/TotalAmt35000
IRS990/OtherLiabilitiesGrp/BOYAmt0654694
IRS990/OtherLiabilitiesGrp/EOYAmt0383170
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0277268
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0241548
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ED NORMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENT FROM INDUSTRY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt014416
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014416
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE INDUSTRIAL BOARD HELPED TO MAINTAIN JOBS BY PROMOTING INDUSTRIAL GROWTH AND PROVIDING INDUSTRIAL FACILITIES AT A FAIR COST.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt016232
IRS990/PYOtherExpensesAmt068396
IRS990/PYProgramServiceRevenueAmt022000
IRS990/PYRevenuesLessExpensesAmt0-30164
IRS990/PYTotalExpensesAmt068396
IRS990/PYTotalRevenueAmt038232
IRS990/ReconcilationRevenueExpnssAmt0-96518
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0422590
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0326072
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt032500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt032500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0364735
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0184126
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0548861
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0382117
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11053
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE - BANCORPSOUTH
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1INTEREST PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0397235
IRS990ScheduleD/TotalLiabilityAmt0383170
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0BILL JOYNERSECURITY BANK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1JIMMY WILLIAMSCCC BANK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BANK OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BANK OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN FROM BANK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1LOAN FROM BANK
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE INDUSTRIAL BOARD HELPED TO MAINTAIN JOBS BY PROMOTING INDUSTRIAL GROWTH AND PROVIDING INDUSTRIAL FACILITIES AT A FAIR COST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01077284
IRS990/TotalAssetsEOYAmt0709242
IRS990/TotalAssetsGrp/BOYAmt01077284
IRS990/TotalAssetsGrp/EOYAmt0709242
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0122278
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0654694
IRS990/TotalLiabilitiesEOYAmt0383170
IRS990/TotalLiabilitiesGrp/BOYAmt0654694
IRS990/TotalLiabilitiesGrp/EOYAmt0383170
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0422590
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0326072
IRS990/TotalProgramServiceRevenueAmt014416
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt025760
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt025760
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01077284
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0709242
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ED NORMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07318552013
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE INDUSTRIAL DEVELOPMENT BOARD
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF THE CITY OF TRENTON
ReturnHeader/Filer/BusinessNameControlTxt0INDU
ReturnHeader/Filer/EIN0621373320
ReturnHeader/Filer/PhoneNum07318552013
ReturnHeader/Filer/USAddress/AddressLine1Txt0309 S COLLEGE STREET
ReturnHeader/Filer/USAddress/CityNm0TRENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd038382
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId00CF78BCC36444F9E07D7A65869C08D4EE3BEED24
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DF5FDFDFACA2D49A9BD55E372135331468972E41
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621110839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEXANDER THOMPSON ARNOLD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0109 W COURT SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd038382
ReturnHeader/PreparerPersonGrp/PhoneNum07318551097
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACK M MATTHIS
ReturnHeader/ReturnTs02017-11-27T14:26:47-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$709,242
Liabilities
$383,170
Net assets
$326,072
Revenue
$25,760
Expenses
$122,278
Net income
-$96,518
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.37$0.46$0.12$0.07$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.79$0.37$0.42$0.10$0.06$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.46$0.09$0.38$0.04$0.03$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.50$0.13$0.37$0.05$0.04$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.18$0.35$0.05$0.04$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.58$0.23$0.35$0.05$0.05$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.62$0.26$0.35$0.05$0.04$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.31$0.34$0.05$0.04$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.38$0.33$0.03$0.12$0.10
2016Summary only. Only limited summary data is available for this year.$1.08$0.65$0.42$0.04$0.07$0.03
2015Summary only. Only limited summary data is available for this year.$1.13$0.68$0.45$0.02$0.08$0.06
2014Summary only. Only limited summary data is available for this year.$1.24$0.73$0.51$0.07$0.09$0.02
2013Summary only. Only limited summary data is available for this year.$1.28$0.75$0.53$0.23$0.11$0.34
2012Summary only. Only limited summary data is available for this year.$2.03$1.17$0.87$0.06$0.11$0.05