Civic Intelligence

Costilla County Economic Development Council Inc.

990 • Fiscal year 2017 • EIN 74-2474472

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 07, 2018

P O Box 9San Luis, CO 81152

(719) 672-0099

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

91st percentile

51%

Higher net margin than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

37th percentile

$13,147

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 11.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

56th percentile

5.3%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

1.8%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Flat

$1,157,200

Flat from 2017

Net Assets

Flat

$1,157,200

Flat from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Flat

$114,533

Flat from 2017

Expenses

Flat

$56,220

Flat from 2017

Net Income

Flat

$58,313

Flat from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $505,355Liabilities 2011: $0Net Assets 2011: $505,3552011Assets 2012: $739,281Liabilities 2012: $0Net Assets 2012: $739,2812012Assets 2013: $969,596Liabilities 2013: $0Net Assets 2013: $969,5962013Assets 2014: $1,055,364Liabilities 2014: $0Net Assets 2014: $1,055,3642014Assets 2015: $1,077,276Liabilities 2015: $0Net Assets 2015: $1,077,2762015Assets 2016: $1,098,887Liabilities 2016: $0Net Assets 2016: $1,098,8872016Assets 2017: $1,157,200Liabilities 2017: $0Net Assets 2017: $1,157,2002017Assets 2017: $1,157,200Liabilities 2017: $0Net Assets 2017: $1,157,2002017Assets 2018: $1,302,526Liabilities 2018: $0Net Assets 2018: $1,302,5262018Assets 2019: $1,413,261Liabilities 2019: $0Net Assets 2019: $1,413,2612019Assets 2020: $1,611,173Liabilities 2020: $0Net Assets 2020: $1,611,1732020Assets 2021: $1,620,814Liabilities 2021: $0Net Assets 2021: $1,620,8142021Assets 2022: $1,754,752Liabilities 2022: $0Net Assets 2022: $1,754,7522022Assets 2023: $1,904,226Liabilities 2023: $0Net Assets 2023: $1,904,2262023Assets 2024: $2,271,966Liabilities 2024: $0Net Assets 2024: $2,271,9662024

Highlighted filing

2017

Assets$1,157,200
Liabilities$0
Net Assets$1,157,200

Operations Trend

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

$600K$400K$200K$0Revenue 2011: $149,656Expenses 2011: $33,975Net Income 2011: $115,6812011Expenses 2012: $94,8562012Revenue 2013: $333,300Expenses 2013: $102,985Net Income 2013: $230,3152013Revenue 2014: $125,916Expenses 2014: $76,148Net Income 2014: $49,7682014Revenue 2015: $130,076Expenses 2015: $108,164Net Income 2015: $21,9122015Revenue 2016: $112,509Expenses 2016: $90,898Net Income 2016: $21,6112016Revenue 2017: $114,533Expenses 2017: $56,220Net Income 2017: $58,3132017Revenue 2017: $114,533Expenses 2017: $56,220Net Income 2017: $58,3132017Revenue 2018: $229,753Expenses 2018: $84,427Net Income 2018: $145,3262018Revenue 2019: $206,416Expenses 2019: $95,681Net Income 2019: $110,7352019Revenue 2020: $245,327Expenses 2020: $47,415Net Income 2020: $197,9122020Revenue 2021: $58,889Expenses 2021: $49,248Net Income 2021: $9,6412021Revenue 2022: $101,954Expenses 2022: $59,757Net Income 2022: $42,1972022Revenue 2023: $210,895Expenses 2023: $61,421Net Income 2023: $149,4742023Revenue 2024: $451,911Expenses 2024: $84,171Net Income 2024: $367,7402024

Highlighted filing

2017

Revenue$114,533
Expenses$56,220
Net Income$58,313
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 7, 2018
Return Version
2017v2.2
Gross Receipts
$127,497
Mission and Program Overview

Mission

The costilla county economic development council was founded to organize, develop and promote educational, social , scientific, and economic benefits to residents of costilla county colorado.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,052,088$1,065,971▲ $13,883
Cash and Non-Interest-Bearing Accounts$45,199$88,733▲ $43,534
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,098,887$1,157,200▲ $58,313
Other Assets Total$1,600$2,496▲ $896
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,088,652$1,110,539▲ $21,887
Temporarily Rstr Net Assets$10,235$46,661▲ $36,426
Total Net Assets Fund Balance$1,098,887$1,157,200▲ $58,313
Total Liabilities and Net Assets / Fund Balance$1,098,887$1,157,200▲ $58,313

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,065,971$192,703$1,258,674
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert RaelExecutive DirectorFT$13,147$13,147

Board Members and Trustees

NameTitle
Felix RomeroChairman
Huberto MaestasVice Chair
Anita McdanielBoard Member
Bernadette LuceroBoard Member
Dolores BurnsBoard Member
Gilbert ApodacaBoard Member
Tiffany GallegosBoard Member
Tom VigilBoard Member
Fr Patrick ValdezMember Emeritus
Jeremy ElliottPart-time Staff
Rick ManzanaresPart-time Staff
Tomas MaestasSecretary/TREAS
Revenue and Support

Revenue Composition

Contributions and Grants
$76,786
Program Service Revenue
$16,902
Investment Income
$49
Other Revenue
$20,796
All Other Contributions
$36,604
Change in Net Assets
$58,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$43,073
Salaries, Compensation, and Employee Benefits$13,147
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$19,592--$19,592
Current Officers, Directors, Trustees, and Key Employees$6,574$6,573-$13,147
Travel$4,042$4,043-$8,085
Fees for Services Other$1,046$3,139-$4,185
Insurance-$2,140-$2,140
Fees for Services Accounting-$1,600-$1,600
All Other Expenses$1,087$178-$1,265
Office Expenses-$956-$956
Other Expenses$860$58-$918
Advertising$250--$250
Total Functional Expenses$34,621$21,599$0$56,220
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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, Line 11B: Form 990 Review Process

No review of form 990 by board members was performed before filing.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board of directors hire executive direcotr with a contract to perform services.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Tax return and other documents available upon request.

Filing and Contact Details

Filer

Filer Name
Costilla County Economic Development Cou
EIN
74-2474472
Address
P O BOX 9, SAN LUIS, CO 81152

Signing Officer

Name
Felix Romero
Title
Chairman
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Martinez & Associates Inc
Address
514 Second Street, Alamosa, CO 81101
Preparer
Steven P Martinez CPA
Phone
7195894964
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IRS990/MissionDesc0THE COSTILLA COUNTY ECONOMIC DEVELOPMENT COUNCIL WAS FOUNDED TO ORGANIZE, DEVELOP AND PROMOTE EDUCATIONAL, SOCIAL , SCIENTIFIC, AND ECONOMIC BENEFITS TO RESIDENTS OF COSTILLA COUNTY COLORADO.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01098887
IRS990/NetAssetsOrFundBalancesEOYAmt01157200
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt020796
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt020796
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0956
IRS990/OfficeExpensesGrp/TotalAmt0956
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt01600
IRS990/OtherAssetsTotalGrp/EOYAmt02496
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1TELEPHONE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3LICENSES AND PERMITS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0403
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11274
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21235
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt358
IRS990/OtherExpensesGrp/ProgramServicesAmt01170
IRS990/OtherExpensesGrp/ProgramServicesAmt1860
IRS990/OtherExpensesGrp/TotalAmt01573
IRS990/OtherExpensesGrp/TotalAmt11274
IRS990/OtherExpensesGrp/TotalAmt21235
IRS990/OtherExpensesGrp/TotalAmt3918
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FEED MEAL SALES
IRS990/ProgramServiceRevenueGrp/Desc1HERITAGE TOUR
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015750
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11152
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11152
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt076879
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt046
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt078898
IRS990/PYOtherRevenueAmt017048
IRS990/PYProgramServiceRevenueAmt018536
IRS990/PYRevenuesLessExpensesAmt021611
IRS990/PYSalariesCompEmpBnftPaidAmt012000
IRS990/PYTotalExpensesAmt090898
IRS990/PYTotalRevenueAmt0112509
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt058313
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt020796
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt076786
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt058854
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt052827
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt090978
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0300389
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0579834
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt049
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt056
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0224
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt049
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0224
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99960
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt0579834
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt076786
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt058854
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt052827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt090978
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0300389
IRS990ScheduleA/Total509Grp/TotalAmt0579834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt076835
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt058900
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt052864
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt091014
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0300445
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0580058
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01065971
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0192703
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01258674
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01065971
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW OF FORM 990 BY BOARD MEMBERS WAS PERFORMED BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS HIRE EXECUTIVE DIRECOTR WITH A CONTRACT TO PERFORM SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TAX RETURN AND OTHER DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.00$2.27$0.45$0.08$0.37
2023Summary only. Only limited summary data is available for this year.$1.90$0.00$1.90$0.21$0.06$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.75$0.00$1.75$0.10$0.06$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$0.06$0.05$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.61$0.00$1.61$0.25$0.05$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.00$1.41$0.21$0.10$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.00$1.30$0.23$0.08$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.11$0.06$0.06
2017Summary only. Only limited summary data is available for this year.$1.16$0.00$1.16$0.11$0.06$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$0.00$1.10$0.11$0.09$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.13$0.11$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.13$0.08$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.33$0.10$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.00$0.74$0.09
2011Summary only. Only limited summary data is available for this year.$0.51$0.00$0.51$0.15$0.03$0.12