Civic Intelligence

Eastern Idaho Development Corporation

990 • Fiscal year 2019 • EIN 82-0412962

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 13, 2020

1651 Alvin Ricken DrivePocatello, ID 83201

(208) 232-4921

Siviq Scores

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

Liabilities / Assets

67th percentile

0.23x

Higher debt load relative to assets than 67% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

1.09x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$72,483

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 15.7% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

56th percentile

4.9%

Faster asset growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,207,373

Up $102,501 (+4.9%) from 2018

Net Assets

Up

$1,705,717

Up $130,616 (+8.3%) from 2018

Liabilities

Down

$501,656

Down $28,115 (-5.3%) from 2018

Revenue

Up

$461,563

Up $47,127 (+11%) from 2018

Expenses

Down

$330,947

Down $16,084 (-4.6%) from 2018

Net Income

Up

$130,616

Up $63,211 (+94%) from 2018

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: $1,827,470Liabilities 2011: $572,667Net Assets 2011: $1,254,8032011Assets 2012: $2,126,189Liabilities 2012: $668,761Net Assets 2012: $1,457,4282012Assets 2013: $2,124,415Liabilities 2013: $646,543Net Assets 2013: $1,477,8722013Assets 2014: $2,061,232Liabilities 2014: $618,700Net Assets 2014: $1,442,5322014Assets 2015: $2,111,309Liabilities 2015: $619,747Net Assets 2015: $1,491,5622015Assets 2016: $2,154,295Liabilities 2016: $590,398Net Assets 2016: $1,563,8972016Assets 2017: $2,074,150Liabilities 2017: $566,454Net Assets 2017: $1,507,6962017Assets 2018: $2,104,872Liabilities 2018: $529,771Net Assets 2018: $1,575,1012018Assets 2019: $2,207,373Liabilities 2019: $501,656Net Assets 2019: $1,705,7172019Assets 2020: $2,290,863Liabilities 2020: $500,305Net Assets 2020: $1,790,5582020Assets 2021: $2,311,584Liabilities 2021: $446,218Net Assets 2021: $1,865,3662021Assets 2022: $2,367,559Liabilities 2022: $418,169Net Assets 2022: $1,949,3902022Assets 2023: $2,379,351Liabilities 2023: $399,082Net Assets 2023: $1,980,2692023Assets 2024: $2,417,407Liabilities 2024: $375,834Net Assets 2024: $2,041,5732024

Highlighted filing

2019

Assets$2,207,373
Liabilities$501,656
Net Assets$1,705,717

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $326,9562011Revenue 2012: $510,242Expenses 2012: $307,617Net Income 2012: $202,6252012Revenue 2013: $370,090Expenses 2013: $349,646Net Income 2013: $20,4442013Revenue 2014: $336,499Expenses 2014: $371,839Net Income 2014: -$35,3402014Revenue 2015: $408,917Expenses 2015: $359,887Net Income 2015: $49,0302015Revenue 2016: $385,030Expenses 2016: $312,695Net Income 2016: $72,3352016Revenue 2017: $332,680Expenses 2017: $388,881Net Income 2017: -$56,2012017Revenue 2018: $414,436Expenses 2018: $347,031Net Income 2018: $67,4052018Revenue 2019: $461,563Expenses 2019: $330,947Net Income 2019: $130,6162019Revenue 2020: $409,657Expenses 2020: $324,816Net Income 2020: $84,8412020Revenue 2021: $371,575Expenses 2021: $296,767Net Income 2021: $74,8082021Revenue 2022: $374,182Expenses 2022: $290,158Net Income 2022: $84,0242022Revenue 2023: $341,342Expenses 2023: $310,463Net Income 2023: $30,8792023Revenue 2024: $363,747Expenses 2024: $302,443Net Income 2024: $61,3042024

Highlighted filing

2019

Revenue$461,563
Expenses$330,947
Net Income$130,616
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 13, 2020
Return Version
2018v3.2
Gross Receipts
$461,563
Mission and Program Overview

Mission

Stimulating economic development in the city of pocatello and eastern idaho by granting loans from a cdbg revolving loan fund, intermediary relending program fund (usda), rbeg grant fund and by assisting to secure sba loans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,439,947$1,449,419▲ $9,472
Savings and Temporary Cash Investments$196,417$381,689▲ $185,272
Cash and Non-Interest-Bearing Accounts$465,606$374,875▼ $90,731
Investments in Publicly Traded Securities$2,800$1,390▼ $1,410
Prepaid Expenses and Deferred Charges$102--
Total Assets$2,104,872$2,207,373▲ $102,501
Liabilities
Grants Payable$507,217$479,003▼ $28,214
Accounts Payable and Accrued Expenses$22,554$22,653▲ $99
Total Liabilities$529,771$501,656▼ $28,115
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,092,450$1,300,711▲ $208,261
Unrestricted Net Assets$482,651$405,006▼ $77,645
Total Net Assets Fund Balance$1,575,101$1,705,717▲ $130,616
Total Liabilities and Net Assets / Fund Balance$2,104,872$2,207,373▲ $102,501
Compensation and Service Providers

Employees

NameTitleBaseTotal
Samantha DamronExecutive Di$72,483$72,483

Board Members and Trustees

NameTitle
John RegetzPresident
Brian BladDirector
Corey KingDirector
Dirk GambleDirector
Jared CooperDirector
Kristen JensenDirector
Michael BushmanDirector
Mike SchwartzDirector
Rich MorganDirector
Rob McminnDirector
Stacie M ShouseDirector
Jared NelsonSecretary
Matt HunterTreasurer
John ArvasVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$500
Program Service Revenue
$457,981
Investment Income
$3,082
Other Revenue
$0
Change in Net Assets
$130,616

Audited Revenue Reconciliation

Revenue per Audited Statements
$461,563
Total Revenue per Audited Statements
$461,563
Total Revenue per Form 990
$461,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$232,274
Other Expenses$98,673
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$159,791--$159,791
Current Officers, Directors, Trustees, and Key Employees$72,483--$72,483
Fees for Services Other$34,803--$34,803
Fees for Services Management$23,102--$23,102
Insurance$7,439--$7,439
Occupancy$6,240--$6,240
Interest$4,538--$4,538
Office Expenses$1,824--$1,824
Travel$1,536--$1,536
Other Expenses$1,410--$1,410
All Other Expenses$81--$81
Total Functional Expenses$330,947$0$0$330,947

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$330,947
Total Expenses per Audited Statements$330,947
Total Expenses per Form 990$330,947
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Page 6, Part VI, Line 11B

A copy of the organization's form 990 is provided to management for their review prior to filing.

Form 990, Page 6, Part VI, Line 12C

Each director signs a conflict of interest agreement. At meetings, the board president ensures that any director who may have a remote interest in a loan application abstains from voting on it.

Form 990, Page 6, Part VI, Line 15A

The organization's compensation is primarily established by the board of directors, and then implemented through idaho state university office of human resources where comparability among state employees, using job descriptions of the idaho division of human resources, is determined - and compensation is adjusted as necessary. Actual compensation may or may not be that recommended by the board.

Form 990, Page 6, Part VI, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Eastern Idaho Development
EIN
82-0412962
Phone
2082324921
Address
1651 ALVIN RICKEN DRIVE, POCATELLO, ID 83201

Signing Officer

Name
Samantha Damron
Title
Executive Director
Phone
2082324921
Signed
2020-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samantha Damron
Formed
1983
Legal Domicile
Id
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Firm
Deaton & Company Chartered
Address
215 N 9TH AVE STE A, POCATELLO, ID 83201-5278
Preparer
Lambson Doran
Phone
2082325825
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Legal and professional 34,803 0 0

Form 990, Page 12, Part XII, Line 2C

The process of selecting an independent accountant has not changed from the prior year.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE ORGANIZATION'S FORM 990 IS PROVIDED TO MANAGEMENT FOR THEIR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR SIGNS A CONFLICT OF INTEREST AGREEMENT. AT MEETINGS, THE BOARD PRESIDENT ENSURES THAT ANY DIRECTOR WHO MAY HAVE A REMOTE INTEREST IN A LOAN APPLICATION ABSTAINS FROM VOTING ON IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S COMPENSATION IS PRIMARILY ESTABLISHED BY THE BOARD OF DIRECTORS, AND THEN IMPLEMENTED THROUGH IDAHO STATE UNIVERSITY OFFICE OF HUMAN RESOURCES WHERE COMPARABILITY AMONG STATE EMPLOYEES, USING JOB DESCRIPTIONS OF THE IDAHO DIVISION OF HUMAN RESOURCES, IS DETERMINED - AND COMPENSATION IS ADJUSTED AS NECESSARY. ACTUAL COMPENSATION MAY OR MAY NOT BE THAT RECOMMENDED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LEGAL AND PROFESSIONAL 34,803 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PROCESS OF SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAMANTHA DAMRON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02082324921
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EASTERN IDAHO DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.42$0.38$2.04$0.36$0.30$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.38$0.40$1.98$0.34$0.31$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.37$0.42$1.95$0.37$0.29$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.31$0.45$1.87$0.37$0.30$0.07
2020Detailed filing. Detailed filing data is available for this year.$2.29$0.50$1.79$0.41$0.32$0.08
2019Detailed filing. Detailed filing data is available for this year.$2.21$0.50$1.71$0.46$0.33$0.13
2018Detailed filing. Detailed filing data is available for this year.$2.10$0.53$1.58$0.41$0.35$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.07$0.57$1.51$0.33$0.39$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.15$0.59$1.56$0.39$0.31$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.11$0.62$1.49$0.41$0.36$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.06$0.62$1.44$0.34$0.37$0.04
2013Summary only. Only limited summary data is available for this year.$2.12$0.65$1.48$0.37$0.35$0.02
2012Summary only. Only limited summary data is available for this year.$2.13$0.67$1.46$0.51$0.31$0.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.57$1.25$0.33