Civic Intelligence

Ravalli County Economic Development Authority

990 • Fiscal year 2015 • EIN 81-0515595

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 10, 2015

Organization ProfileWWW.RCEDA.ORG
274 Old Corvallis Rd No Ste AHamilton, MT 59840

(406) 375-9416

Siviq Scores

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

Liabilities / Assets

54th percentile

0.13x

Higher debt load relative to assets than 54% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

89th percentile

1.85x

Higher debt load relative to revenue than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

46th percentile

$53,166

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 16.2% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

49th percentile

0.3%

Faster asset growth than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-39%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$4,631,674

Up $15,852 (+0.3%) from 2014

Net Assets

Up

$4,025,249

Up $39,357 (+1.0%) from 2014

Liabilities

Down

$606,425

Down $23,505 (-3.7%) from 2014

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin71st percentile

Revenue

Down

$328,332

Down $207,731 (-39%) from 2014

Expenses

Down

$288,975

Down $5,453 (-1.9%) from 2014

Net Income

Down

$39,357

Down $202,278 (-84%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,003,153Liabilities 2011: $297,582Net Assets 2011: $3,705,5712011Assets 2012: $4,189,291Liabilities 2012: $366,265Net Assets 2012: $3,823,0262012Assets 2013: $4,249,456Liabilities 2013: $506,021Net Assets 2013: $3,743,4352013Assets 2014: $4,615,822Liabilities 2014: $629,930Net Assets 2014: $3,985,8922014Assets 2015: $4,631,674Liabilities 2015: $606,425Net Assets 2015: $4,025,2492015Assets 2016: $5,271,555Liabilities 2016: $551,080Net Assets 2016: $4,720,4752016Assets 2017: $5,357,049Liabilities 2017: $665,918Net Assets 2017: $4,691,1312017Assets 2018: $5,461,347Liabilities 2018: $652,973Net Assets 2018: $4,808,3742018Assets 2019: $5,613,345Liabilities 2019: $971,373Net Assets 2019: $4,641,9722019Assets 2020: $5,730,698Liabilities 2020: $972,812Net Assets 2020: $4,757,8862020Assets 2021: $5,830,645Liabilities 2021: $976,775Net Assets 2021: $4,853,8702021Assets 2022: $5,790,854Liabilities 2022: $903,503Net Assets 2022: $4,887,3512022Assets 2023: $5,774,759Liabilities 2023: $852,865Net Assets 2023: $4,921,8942023Assets 2024: $5,746,259Liabilities 2024: $808,633Net Assets 2024: $4,937,6262024Assets 2025: $6,922,977Liabilities 2025: $1,881,859Net Assets 2025: $5,041,1182025

Highlighted filing

2015

Assets$4,631,674
Liabilities$606,425
Net Assets$4,025,249
Open 2015 Filing

Operations Trend

Revenue Growth8th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $339,118Expenses 2011: $267,799Net Income 2011: $71,3192011Expenses 2012: $266,1352012Expenses 2013: $425,3672013Revenue 2014: $536,063Expenses 2014: $294,428Net Income 2014: $241,6352014Revenue 2015: $328,332Expenses 2015: $288,975Net Income 2015: $39,3572015Revenue 2016: $1,018,269Expenses 2016: $323,043Net Income 2016: $695,2262016Revenue 2017: $286,788Expenses 2017: $316,132Net Income 2017: -$29,3442017Revenue 2018: $358,306Expenses 2018: $244,563Net Income 2018: $113,7432018Revenue 2019: $473,445Expenses 2019: $639,847Net Income 2019: -$166,4022019Revenue 2020: $399,104Expenses 2020: $283,190Net Income 2020: $115,9142020Revenue 2021: $420,131Expenses 2021: $324,147Net Income 2021: $95,9842021Revenue 2022: $263,981Expenses 2022: $230,500Net Income 2022: $33,4812022Revenue 2023: $383,902Expenses 2023: $349,359Net Income 2023: $34,5432023Revenue 2024: $430,835Expenses 2024: $424,383Net Income 2024: $6,4522024Revenue 2025: $436,833Expenses 2025: $342,847Net Income 2025: $93,9862025

Highlighted filing

2015

Revenue$328,332
Expenses$288,975
Net Income$39,357
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$328,332
Mission and Program Overview

Mission

Provide economic assistance to local businesses and entrepreneurs

Provide economic assistance to local business and entrepreneurs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,125,963$3,063,871▼ $62,092
Other Notes and Loans Receivable, Net$633,788$858,307▲ $224,519
Savings and Temporary Cash Investments$493,186$302,549▼ $190,637
Cash and Non-Interest-Bearing Accounts$73,590$135,887▲ $62,297
Accounts Receivable$12,143$6,416▼ $5,727
Total Assets$4,615,822$4,631,674▲ $15,852
Other Assets Total$277,152$264,644▼ $12,508
Liabilities
Mortgage Notes Payable Secured by Investment Property$584,691$577,928▼ $6,763
Other Liabilities$33,654$13,913▼ $19,741
Deferred Revenue$7,236$7,330▲ $94
Accounts Payable and Accrued Expenses$4,349$7,254▲ $2,905
Total Liabilities$629,930$606,425▼ $23,505
Net Assets / Fund Balance
Unrestricted Net Assets$1,522,533$1,552,016▲ $29,483
Temporarily Rstr Net Assets$1,243,359$1,253,233▲ $9,874
Permanently Rstr Net Assets$1,220,000$1,220,000→ $0
Total Net Assets Fund Balance$3,985,892$4,025,249▲ $39,357
Total Liabilities and Net Assets / Fund Balance$4,615,822$4,631,674▲ $15,852

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,842,834$325,237$2,168,071
Land$1,220,000-$1,220,000
Equipment$1,037$7,330$8,367
Other Assets Org$13,913--
Compensation and Service Providers
Top Officer Pay46th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie FosterExecutive DirectorFT$45,846$7,320$53,166

Board Members and Trustees

NameTitle
Robert ThomasChairperson
Ryan OsterVice - Chairperson
Allen BjergoCommissioner
Ed GreefCommissioner
Kay ClevidenceCommissioner
Rick FuhrmanCommissioner
Robert WhalenCommissioner
Scott HendersonCommissioner
Doug DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$79,752
Program Service Revenue
$240,846
Investment Income
$7,271
Other Revenue
$463
All Other Contributions
$47,183
Change in Net Assets
$39,357

Audited Revenue Reconciliation

Revenue per Audited Statements
$328,332
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,424
Total Revenue per Audited Statements
$329,756
Total Revenue per Form 990
$328,332
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$192,133
Salaries, Compensation, and Employee Benefits$96,842
Total Fundraising Expense$20,748
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$52,778$4,657$4,657$62,092
Fees for Services Other$41,482$3,660$3,660$48,802
Current Officers, Directors, Trustees, and Key Employees$39,890$3,520$3,520$46,930
Other Salaries and Wages$35,447$3,128$3,128$41,703
Occupancy$26,010$2,295$2,295$30,600
Interest$9,028$797$797$10,622
Fees for Services Accounting$7,969$703$703$9,375
Office Expenses$6,539$577$577$7,693
Payroll Taxes$5,763$509$509$6,781
Travel$3,375$298$298$3,971
Other Employee Benefits$1,214$107$107$1,428
Other Expenses$1,200$106$106$1,412
Fees for Services Legal$831$73$73$977
Total Functional Expenses$246,557$21,670$20,748$288,975

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$290,399
Expenses per Audited Statements$288,975
Total Expenses per Form 990$288,975
Expenses Not Reported on Form 990$1,424
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Fund Payable$13,913
Governance and Compliance

Governance Checklist

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

“The 990 is reveiwed by the finance committee to provide input and recommendations for the governing board with regard to the information contained within.”

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

“When a conflict of interest is identified, the board is polled and appropriate steps are taken.”

Form 990, Part VI, Section B, Line 15

“The organization's board of directors reviews compensation packages. The board represents a cross-section of the area's business leaders. Board independence is required and all decisions are documented in the board minutes.”

Form 990, Part VI, Section C, Line 19

“All governing documents and financial information is available upon request at the organization's place of business, during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Ravalli County Economic Development Authority
EIN
81-0515595
Phone
4063759416
Address
274 OLD CORVALLIS RD NO STE A, HAMILTON, MT 59840

Signing Officer

Name
Robert Thomas
Title
Chairperson
Phone
4063759416
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Thomas
Formed
1997
Legal Domicile
Mt
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
12

Preparer

Firm
Junkermierclarkcampanellastevens Pc
Address
PO BOX 16237, MISSOULA, MT 59808
Preparer
James V Galipeau CPA
Phone
4065494148
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Admin service: program service expenses 15,556. Management and general expenses 1,373. Fundraising expenses 1,373. Total expenses 18,302. It service: program service expenses 204. Management and general expenses 18. Fundraising expenses 18. Total expenses 240. Rec maintenance: program service expenses 3,233. Management and general expenses 285. Fundraising expenses 285. Total expenses 3,803. Janitorial : program service expenses 19,175. Management and general expenses 1,692. Fundraising expenses 1,692. Total expenses 22,559. Grounds maintenance: program service expenses 3,314. Management and general expenses 292. Fundraising expenses 292. Total expenses 3,898.”

Raw XML AppendixShowing 400 of 486 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/BOYAmt04349
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07254
IRS990/AccountsReceivableGrp/BOYAmt012143
IRS990/AccountsReceivableGrp/EOYAmt06416
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE ECONOMIC ASSISTANCE TO LOCAL BUSINESS AND ENTREPRENEURS.
IRS990/AllOtherContributionsAmt047183
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RAVALLI COUNTY EDA
IRS990/BooksInCareOfDetail/PhoneNum04063759416
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0274 OLD CORVALLIS RD STE A
IRS990/BooksInCareOfDetail/USAddress/CityNm0HAMILTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd059840
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt073590
IRS990/CashNonInterestBearingGrp/EOYAmt0135887
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt03520
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt03520
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt039890
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt046930
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt079752
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07271
IRS990/CYOtherExpensesAmt0192133
IRS990/CYOtherRevenueAmt0463
IRS990/CYProgramServiceRevenueAmt0240846
IRS990/CYRevenuesLessExpensesAmt039357
IRS990/CYSalariesCompEmpBnftPaidAmt096842
IRS990/CYTotalExpensesAmt0288975
IRS990/CYTotalFundraisingExpenseAmt020748
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0328332
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt07236
IRS990/DeferredRevenueGrp/EOYAmt07330
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt04657
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04657
IRS990/DepreciationDepletionGrp/ProgramServicesAmt052778
IRS990/DepreciationDepletionGrp/TotalAmt062092
IRS990/Desc0ASSIST BUSINESSES IN SECURING FINANCING THAT CAN HELP DEVELOP INFRASTRUCTURE, SUPPORT GROWTH OF EXISTING COMPANIES AND NURTURE NEW COMPANY FORMATION, AND WORK TO EXPAND EARLY-STAGE BUSINESS CAPITAL RESOURCES FOR YOUNG COMPANIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0181150
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0703
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0703
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07969
IRS990/FeesForServicesAccountingGrp/TotalAmt09375
IRS990/FeesForServicesLegalGrp/FundraisingAmt073
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt073
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0831
IRS990/FeesForServicesLegalGrp/TotalAmt0977
IRS990/FeesForServicesOtherGrp/FundraisingAmt03660
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03660
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt041482
IRS990/FeesForServicesOtherGrp/TotalAmt048802
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.80
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt97320
IRS990/Form990PartVIISectionAGrp/PersonNm0ROBERT THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm1RYAN OSTER
IRS990/Form990PartVIISectionAGrp/PersonNm2DOUG DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBERT WHALEN
IRS990/Form990PartVIISectionAGrp/PersonNm4KAY CLEVIDENCE
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm6ALLEN BJERGO
IRS990/Form990PartVIISectionAGrp/PersonNm7RICK FUHRMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8ED GREEF
IRS990/Form990PartVIISectionAGrp/PersonNm9JULIE FOSTER
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/ReportableCompFromOrgAmt945846
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/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE - CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt4COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt5COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt6COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt7COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt8COMMISSIONER
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt032569
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0328332
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/FundraisingAmt0797
IRS990/InterestGrp/ManagementAndGeneralAmt0797
IRS990/InterestGrp/ProgramServicesAmt09028
IRS990/InterestGrp/TotalAmt010622
IRS990/InvestmentIncomeGrp/ExclusionAmt07271
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07271
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0332567
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03125963
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03063871
IRS990/LandBldgEquipCostOrOtherBssAmt03396438
IRS990/LegalDomicileStateCd0MT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROVIDE ECONOMIC ASSISTANCE TO LOCAL BUSINESS AND ENTREPRENEURS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0584691
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0577928
IRS990/NetAssetsOrFundBalancesBOYAmt03985892
IRS990/NetAssetsOrFundBalancesEOYAmt04025249
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02295
IRS990/OccupancyGrp/ManagementAndGeneralAmt02295
IRS990/OccupancyGrp/ProgramServicesAmt026010
IRS990/OccupancyGrp/TotalAmt030600
IRS990/OfficeExpensesGrp/FundraisingAmt0577
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0577
IRS990/OfficeExpensesGrp/ProgramServicesAmt06539
IRS990/OfficeExpensesGrp/TotalAmt07693
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0277152
IRS990/OtherAssetsTotalGrp/EOYAmt0264644
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0107
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0107
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01214
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01428
IRS990/OtherExpensesGrp/Desc0BAD DEBT - RCEDA
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2TRAINING
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1318
IRS990/OtherExpensesGrp/FundraisingAmt2106
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0865
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1375
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2106
IRS990/OtherExpensesGrp/ProgramServicesAmt010665
IRS990/OtherExpensesGrp/ProgramServicesAmt14366
IRS990/OtherExpensesGrp/ProgramServicesAmt21200
IRS990/OtherExpensesGrp/TotalAmt011530
IRS990/OtherExpensesGrp/TotalAmt15059
IRS990/OtherExpensesGrp/TotalAmt21412
IRS990/OtherLiabilitiesGrp/BOYAmt033654
IRS990/OtherLiabilitiesGrp/EOYAmt013913
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0463
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0463
IRS990/OtherRevenueTotalAmt0463
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03128
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03128
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035447
IRS990/OtherSalariesAndWagesGrp/TotalAmt041703
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0633788
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0858307
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0509
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0509
IRS990/PayrollTaxesGrp/ProgramServicesAmt05763
IRS990/PayrollTaxesGrp/TotalAmt06781
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01220000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01220000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT THOMAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/Desc0LEASE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1FEES FOR SERVICE
IRS990/ProgramServiceRevenueGrp/Desc2LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0156705
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142467
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt241674
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0156705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142467
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt241674
IRS990/ProgSrvcAccomActy2Grp/Desc0OPERATE BUSINESS INCUBATOR AND PROVIDE ENTREPRENEURIAL SUPPORT SERVICES AND HELP CREATE THE INFRASTRUCTURE FOR A "KNOWLEDGE-BASED ECONOMY".
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt065407
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0156705
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0311045
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05146
IRS990/PYOtherExpensesAmt0203453
IRS990/PYOtherRevenueAmt026
IRS990/PYProgramServiceRevenueAmt0219846
IRS990/PYRevenuesLessExpensesAmt0241635
IRS990/PYSalariesCompEmpBnftPaidAmt090975
IRS990/PYTotalExpensesAmt0294428
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0536063
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt039357
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt084141
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0493186
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0302549
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt079752
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0311045
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0134810
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0174992
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0109595
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0810194
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt07271
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05146
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012417
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0240846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0219846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0210966
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0208598
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0229523
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01109779
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt07271
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012417
IRS990ScheduleA/InvestmentIncomeCYPct00.00640
IRS990ScheduleA/InvestmentIncomePYPct00.00200
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99360
IRS990ScheduleA/PublicSupportPY509Pct00.99800
IRS990ScheduleA/PublicSupportTotal509Amt01919973
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0320598
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0530891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0345776
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0383590
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0339118
IRS990ScheduleA/Total509Grp/TotalAmt01919973
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0327869
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0536037
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0345776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0383590
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0339118
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01932390
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01842834
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0325237
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02168071
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt01424
IRS990ScheduleD/DonatedServicesUseFcltsAmt01424
IRS990ScheduleD/EquipmentGrp/BookValueAmt01037
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07330
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08367
IRS990ScheduleD/ExpensesNotReportedAmt01424
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0288975
IRS990ScheduleD/LandGrp/BookValueAmt01220000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01220000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01175
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1249556
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt213913
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EQUIPMENT HELD FOR SALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REBATE RECEIVABLE - CITY OF HAMILTON
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2AGENCY FUNDS HELD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013913
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AGENCY FUND PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt01424
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0328332
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03063871
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0264644
IRS990ScheduleD/TotalExpensesPerForm990Amt0288975
IRS990ScheduleD/TotalLiabilityAmt013913
IRS990ScheduleD/TotalRevenuePerForm990Amt0328332
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0329756
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0290399
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVEIWED BY THE FINANCE COMMITTEE TO PROVIDE INPUT AND RECOMMENDATIONS FOR THE GOVERNING BOARD WITH REGARD TO THE INFORMATION CONTAINED WITHIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHEN A CONFLICT OF INTEREST IS IDENTIFIED, THE BOARD IS POLLED AND APPROPRIATE STEPS ARE TAKEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS COMPENSATION PACKAGES. THE BOARD REPRESENTS A CROSS-SECTION OF THE AREA'S BUSINESS LEADERS. BOARD INDEPENDENCE IS REQUIRED AND ALL DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS AND FINANCIAL INFORMATION IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S PLACE OF BUSINESS, DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ADMIN SERVICE: PROGRAM SERVICE EXPENSES 15,556. MANAGEMENT AND GENERAL EXPENSES 1,373. FUNDRAISING EXPENSES 1,373. TOTAL EXPENSES 18,302. IT SERVICE: PROGRAM SERVICE EXPENSES 204. MANAGEMENT AND GENERAL EXPENSES 18. FUNDRAISING EXPENSES 18. TOTAL EXPENSES 240. REC MAINTENANCE: PROGRAM SERVICE EXPENSES 3,233. MANAGEMENT AND GENERAL EXPENSES 285. FUNDRAISING EXPENSES 285. TOTAL EXPENSES 3,803. JANITORIAL : PROGRAM SERVICE EXPENSES 19,175. MANAGEMENT AND GENERAL EXPENSES 1,692. FUNDRAISING EXPENSES 1,692. TOTAL EXPENSES 22,559. GROUNDS MAINTENANCE: PROGRAM SERVICE EXPENSES 3,314. MANAGEMENT AND GENERAL EXPENSES 292. FUNDRAISING EXPENSES 292. TOTAL EXPENSES 3,898.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19

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
$4,631,674
Liabilities
$606,425
Net assets
$4,025,249
Revenue
$328,332
Expenses
$288,975
Net income
$39,357
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.92$1.88$5.04$0.44$0.34$0.09
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.75$0.81$4.94$0.43$0.42$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.77$0.85$4.92$0.38$0.35$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.79$0.90$4.89$0.26$0.23$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.83$0.98$4.85$0.42$0.32$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.73$0.97$4.76$0.40$0.28$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.61$0.97$4.64$0.47$0.64$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.46$0.65$4.81$0.36$0.24$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.36$0.67$4.69$0.29$0.32$0.03
2016Detailed filing. Detailed filing data is available for this year.$5.27$0.55$4.72$1.02$0.32$0.70
2015Detailed filing. Detailed filing data is available for this year.$4.63$0.61$4.03$0.33$0.29$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.62$0.63$3.99$0.54$0.29$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$0.51$3.74$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.37$3.82$0.27
2011Summary only. Only limited summary data is available for this year.$4.00$0.30$3.71$0.34$0.27$0.07