Civic Intelligence

Iberia Industrial Development Sfoundation

990 • Fiscal year 2014 • EIN 72-1027792

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 11, 2015

Organization ProfileWWW.IBERIABIZ.ORG
101 Burke StreetNew Iberia, LA 70560

(337) 367-0834

Siviq Scores

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

Liabilities / Assets

56th percentile

0.01x

Higher debt load relative to assets than 56% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

56th percentile

0.01x

Higher debt load relative to revenue than 56% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

48th percentile

2.1%

Higher net margin than 48% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

99th percentile

$135,130

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 37.8% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

40th percentile

-1.3%

Faster asset growth than 40% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

61st percentile

6.6%

Faster revenue growth than 61% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$259,446

Down $3,421 (-1.3%) from 2013

Net Assets

Up

$255,865

Up $9,072 (+3.7%) from 2013

Liabilities

Down

$3,581

Down $12,493 (-78%) from 2013

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin48th percentile

Revenue

Up

$357,093

Up $22,102 (+6.6%) from 2013

Expenses

Up

$349,521

Up $7,324 (+2.1%) from 2013

Net Income

Up

$7,572

Up $14,778 (+205%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$600K$400K$200K$0Assets 2010: $266,942Liabilities 2010: $25,100Net Assets 2010: $241,8422010Assets 2011: $277,310Liabilities 2011: $23,847Net Assets 2011: $253,4632011Assets 2012: $263,339Liabilities 2012: $10,844Net Assets 2012: $252,4952012Assets 2013: $262,867Liabilities 2013: $16,074Net Assets 2013: $246,7932013Assets 2014: $259,446Liabilities 2014: $3,581Net Assets 2014: $255,8652014Assets 2015: $232,633Liabilities 2015: $21,796Net Assets 2015: $210,8372015Assets 2016: $220,171Liabilities 2016: $44,882Net Assets 2016: $175,2892016Assets 2017: $170,420Liabilities 2017: $44,521Net Assets 2017: $125,8992017Assets 2018: $129,673Liabilities 2018: $71,084Net Assets 2018: $58,5892018Assets 2019: $126,664Liabilities 2019: $89,882Net Assets 2019: $36,7822019Assets 2020: $213,537Liabilities 2020: $154,160Net Assets 2020: $59,3772020Assets 2021: $397,335Liabilities 2021: $160,379Net Assets 2021: $236,9562021Assets 2022: $421,218Liabilities 2022: $155,913Net Assets 2022: $265,3052022Assets 2023: $446,534Liabilities 2023: $152,799Net Assets 2023: $293,7352023Assets 2024: $494,744Liabilities 2024: $149,124Net Assets 2024: $345,6202024

Highlighted filing

2014

Assets$259,446
Liabilities$3,581
Net Assets$255,865
Open 2014 Filing

Operations Trend

Revenue Growth61st percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $350,9152010Expenses 2011: $412,3672011Expenses 2012: $469,1432012Revenue 2013: $334,991Expenses 2013: $342,197Net Income 2013: -$7,2062013Revenue 2014: $357,093Expenses 2014: $349,521Net Income 2014: $7,5722014Revenue 2015: $354,152Expenses 2015: $401,680Net Income 2015: -$47,5282015Revenue 2016: $358,556Expenses 2016: $394,104Net Income 2016: -$35,5482016Revenue 2017: $342,789Expenses 2017: $392,179Net Income 2017: -$49,3902017Revenue 2018: $322,410Expenses 2018: $389,720Net Income 2018: -$67,3102018Revenue 2019: $370,776Expenses 2019: $392,583Net Income 2019: -$21,8072019Revenue 2020: $354,907Expenses 2020: $332,310Net Income 2020: $22,5972020Revenue 2021: $556,634Expenses 2021: $379,055Net Income 2021: $177,5792021Revenue 2022: $417,779Expenses 2022: $389,430Net Income 2022: $28,3492022Revenue 2023: $463,248Expenses 2023: $434,818Net Income 2023: $28,4302023Revenue 2024: $525,484Expenses 2024: $473,599Net Income 2024: $51,8852024

Highlighted filing

2014

Revenue$357,093
Expenses$349,521
Net Income$7,572
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$361,593
Mission and Program Overview

Mission

Promote industrial and economic development for existing companies and recruit additional industries to locate in iberia parish.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$99,477$99,485▲ $8
Land, Buildings, and Equipment, Net$98,597$91,448▼ $7,149
Accounts Receivable$33,691$37,048▲ $3,357
Cash and Non-Interest-Bearing Accounts$27,271$27,252▼ $19
Prepaid Expenses and Deferred Charges$3,831$4,213▲ $382
Total Assets$262,867$259,446▼ $3,421
Liabilities
Accounts Payable and Accrued Expenses$15,974$3,481▼ $12,493
Deferred Revenue$100$100→ $0
Total Liabilities$16,074$3,581▼ $12,493
Net Assets / Fund Balance
Unrestricted Net Assets$246,793$255,865▲ $9,072
Total Net Assets Fund Balance$246,793$255,865▲ $9,072
Total Liabilities and Net Assets / Fund Balance$262,867$259,446▼ $3,421

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$79,722$80,424-
Land$11,000--
Equipment$726$63,213-
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael TarantinoPresident & CEOFT$120,770$14,360$135,130

Board Members and Trustees

NameTitle
Chad CourtoisChairperson
Gerald FaulkVice Chairperson
April FoulcardBoard Member
Craig GirouardBoard Member
Dale HendersonBoard Member
Dan DoerleBoard Member
Elizabeth BodinBoard Member
Errol RomeroBoard Member
Ferrell ArmentorBoard Member
Fran ThibodeauxBoard Member
Hilda CurryBoard Member
Jason DevillerBoard Member
Katie ChiassonBoard Member
Larry RichardBoard Member
Reid SellersBoard Member
Roy PontiffBoard Member
Tony BroussardBoard Member
Troy ComeauxBoard Member
Wendell VerretExec Cmte Member
Fran HendersonSecretary/tresurer
Revenue and Support

Revenue Composition

Contributions and Grants
$58,315
Program Service Revenue
$298,774
Investment Income
$4
Other Revenue
$0
All Other Contributions
$415
Change in Net Assets
$7,572

Audited Revenue Reconciliation

Revenue per Audited Statements
$361,593
Revenue Not Reported on Financial Statements
$-4,500
Revenue Not Reported on Form 990
$1,500
Other Revenue Adjustments
$-4,500
Total Revenue per Audited Statements
$363,093
Total Revenue per Form 990
$357,093
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$237,988
Other Expenses$111,533
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$101,348$33,783-$135,131
Other Salaries and Wages$46,246$15,415-$61,661
Other Employee Benefits$20,300$6,766-$27,066
Payroll Taxes$10,598$3,532-$14,130
Office Expenses$6,122$6,122-$12,244
Fees for Services Accounting-$9,950-$9,950
Occupancy-$6,368-$6,368
Other Expenses$12,053$6,174-$6,174
Depreciation Depletion-$5,987-$5,987
All Other Expenses$4,759$1,036-$5,795
Insurance-$3,673-$3,673
Advertising$2,067--$2,067
Interest-$21-$21
Total Functional Expenses$241,902$107,619$0$349,521

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$354,021
Expenses per Audited Statements$349,526
Total Expenses per Form 990$349,526
Expenses Not Reported on Form 990$4,495
Expenses Not Reported on Financial Statements$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 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 11

“President/ceo reviews the 990 before signing. The return is not reviewed by other board members unless requested.”

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

“Executive committee, board members, and key employees disclosure related parties, business interests, and any possible conflicts of interest. These disclosures are reviewed annually by the preseident and chairman.”

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

“Compensation of the president/ceo is reviewed and determined by the executive committee annually, based on performance and other qualitative factors.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request. Audited financial statements are available for public inspection on the louisiana legislative auditor's website.”

Filing and Contact Details

Filer

Filer Name
Iberia Industrial Development Foundation
EIN
72-1027792
Phone
3373670834
Address
101 BURKE STREET, NEW IBERIA, LA 70560

Signing Officer

Name
Michael Tarantino
Title
President and CEO
Phone
3373670834
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Micharl Tarantino
Formed
1994
Legal Domicile
La
Voting Board Members
21
Independent Board Members
20
Employees
2
Volunteers
20

Preparer

Firm
Postlethwaite & Netterville
Address
400 E KALISTE SALOOM RD STE 7100, LAFAYETTE, LA 70508
Preparer
David Edmond
Phone
3372348431
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C-change in Oversight/selection Process of Audit

“The auditors for the 2014 tax year were postlethwaite & netterville, apac. This is the same firm engaged in the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Notes to audited financial statements: the foundation is an exempt organization for federal income tax purposes under section 501(c) (6) of the internal revenue code. However, certain rental activities of the foundation are not exempt from income tax. Management has determined that the foundation does not have any uncertain tax positions or associated unrecognized benefits that materially impact the financial statements or related disclosures. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the foundation's tax returns will not be challenged by the taxing authorities and that the foundation will not be subject to additional tax, penalties, and interest as a result of such challenge. Generally, the foundation's tax returns remain open for three years for federal and state income tax examination which is 2011 and after.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“IN-KIND MEMBERSHIPS”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“RENTAL EXPENSES”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“RENTAL EXPENSES”

Raw XML AppendixShowing 400 of 495 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/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TRESURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12EXEC CMTE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GovernmentGrantsAmt035650
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0361593
IRS990/GrossRentsGrp/RealAmt04500
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03673
IRS990/InsuranceGrp/TotalAmt03673
IRS990/InterestGrp/ManagementAndGeneralAmt021
IRS990/InterestGrp/TotalAmt021
IRS990/InvestmentIncomeGrp/ExclusionAmt04
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0143637
IRS990/LandBldgEquipBasisNetGrp/BOYAmt098597
IRS990/LandBldgEquipBasisNetGrp/EOYAmt091448
IRS990/LandBldgEquipCostOrOtherBssAmt0235085
IRS990/LegalDomicileStateCd0LA
IRS990/LessRentalExpensesGrp/RealAmt04500
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt022250
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTE INDUSTRIAL AND ECONOMIC DEVELOPMENT FOR EXISTING COMPANIES AND RECRUIT ADDITIONAL INDUSTRIES TO LOCATE IN IBERIA PARISH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0246793
IRS990/NetAssetsOrFundBalancesEOYAmt0255865
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06368
IRS990/OccupancyGrp/TotalAmt06368
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06122
IRS990/OfficeExpensesGrp/ProgramServicesAmt06122
IRS990/OfficeExpensesGrp/TotalAmt012244
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06766
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020300
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027066
IRS990/OtherExpensesGrp/Desc0BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc2TELEPHONE EXPENSE
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08792
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16174
IRS990/OtherExpensesGrp/ProgramServicesAmt038409
IRS990/OtherExpensesGrp/ProgramServicesAmt112053
IRS990/OtherExpensesGrp/TotalAmt038409
IRS990/OtherExpensesGrp/TotalAmt112053
IRS990/OtherExpensesGrp/TotalAmt28792
IRS990/OtherExpensesGrp/TotalAmt36174
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015415
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt046246
IRS990/OtherSalariesAndWagesGrp/TotalAmt061661
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03532
IRS990/PayrollTaxesGrp/ProgramServicesAmt010598
IRS990/PayrollTaxesGrp/TotalAmt014130
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03831
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04213
IRS990/PrincipalOfficerNm0MICHARL TARANTINO
IRS990/PriorPeriodAdjustmentsAmt05
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0HOTEL/MOTEL TAX
IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL PROJECTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0268774
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0268774
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130000
IRS990/ProgSrvcAccomActy2Grp/Desc0BUSINESS RETENTION AND EXPANSION SERVICES: WE ASSISTED OVER 25 BUSINESSES IN EXPANDING THEIR IBERIA PARISH LOCATION. APPROXIMATE NET INCREASE OF NEW JOBS CREATED: 300.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt068272
IRS990/ProgSrvcAccomActy3Grp/Desc0INDUSTRIAL PARK SUPPORT, MARKETING AND DEVELOPMENT SERVICES: WE DEVELOPED AND DISTRIBUTED INFORMATION ON AVAILABLE PROPERTIES AND COMMERCIAL BUILDINGS LOCATED IN IBERIA PARISH, INCLUDING THOSE LOCATED AT THE PORT OF IBERIA, ACADIANA REGIONAL AIRPORT AND PROGRESS POINT BUSINESS PARK. WE MARKETED AVAILABLE SITES AND BUILDINGS THROUGH ATTENDANCE AT TRADE SHOWS, MAINTENANCE OF WEB SITE OF AVAILABLE PROPERTIES, DIRECT MAILINGS TO SITE SELECTORS AND REAL ESTATE AGENTS, PERSONAL VISITS TO PROPERTY DEVELOPMENT AGENTS, RESPONSES TO LOUISIANA ECONOMIC DEVELOPMENT REQUESTS FOR PROPOSALS AS WELL AS REGIONAL RFP'S FROM OTHER LOCAL/REGIONAL ECONOMIC DEVELOPMENT AGENCIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt062219
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt022281
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt054015
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04
IRS990/PYOtherExpensesAmt0131448
IRS990/PYOtherRevenueAmt0-663
IRS990/PYProgramServiceRevenueAmt0281635
IRS990/PYRevenuesLessExpensesAmt0-7206
IRS990/PYSalariesCompEmpBnftPaidAmt0210749
IRS990/PYTotalExpensesAmt0342197
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0334991
IRS990/ReconcilationRevenueExpnssAmt07572
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt099477
IRS990/SavingsAndTempCashInvstGrp/EOYAmt099485
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
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt079722
IRS990ScheduleD/BuildingsGrp/DepreciationAmt080424
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0160146
IRS990ScheduleD/EquipmentGrp/BookValueAmt0726
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063213
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt063939
IRS990ScheduleD/ExpensesNotReportedAmt04495
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0349526
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt011000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt011000
IRS990ScheduleD/OtherExpensesIncludedAmt04500
IRS990ScheduleD/OtherRevenueAmt01500
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-4500
IRS990ScheduleD/PriorYearAdjustmentsAmt0-5
IRS990ScheduleD/RevenueNotReportedAmt01500
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-4500
IRS990ScheduleD/RevenueSubtotalAmt0361593
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NOTES TO AUDITED FINANCIAL STATEMENTS: THE FOUNDATION IS AN EXEMPT ORGANIZATION FOR FEDERAL INCOME TAX PURPOSES UNDER SECTION 501(C) (6) OF THE INTERNAL REVENUE CODE. HOWEVER, CERTAIN RENTAL ACTIVITIES OF THE FOUNDATION ARE NOT EXEMPT FROM INCOME TAX. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS OR ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT THE FOUNDATION'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT THE FOUNDATION WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. GENERALLY, THE FOUNDATION'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL AND STATE INCOME TAX EXAMINATION WHICH IS 2011 AND AFTER.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IN-KIND MEMBERSHIPS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt091448

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$259,446
Liabilities
$3,581
Net assets
$255,865
Revenue
$357,093
Expenses
$349,521
Net income
$7,572
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.95$1.49$3.46$5.25$4.74$0.52
2023Detailed filing. Detailed filing data is available for this year.$4.47$1.53$2.94$4.63$4.35$0.28
2022Detailed filing. Detailed filing data is available for this year.$4.21$1.56$2.65$4.18$3.89$0.28
2021Detailed filing. Detailed filing data is available for this year.$3.97$1.60$2.37$5.57$3.79$1.78
2020Detailed filing. Detailed filing data is available for this year.$2.14$1.54$0.59$3.55$3.32$0.23
2019Detailed filing. Detailed filing data is available for this year.$1.27$0.90$0.37$3.71$3.93$0.22
2018Detailed filing. Detailed filing data is available for this year.$1.30$0.71$0.59$3.22$3.90$0.67
2017Detailed filing. Detailed filing data is available for this year.$1.70$0.45$1.26$3.43$3.92$0.49
2016Detailed filing. Detailed filing data is available for this year.$2.20$0.45$1.75$3.59$3.94$0.36
2015Detailed filing. Detailed filing data is available for this year.$2.33$0.22$2.11$3.54$4.02$0.48
2014Detailed filing. Detailed filing data is available for this year.$2.59$0.04$2.56$3.57$3.50$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.63$0.16$2.47$3.35$3.42$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.11$2.52$4.69
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.77$0.24$2.53$4.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.25$2.42$3.51