Civic Intelligence

Guernsey Economic & Tourism Dev Corp

EIN 83-0292557 • 501(c)6 • Guernsey, WY

Profile

To promote the diverse economic development of guernsey & the surrounding area which above all will enhance the quality of life we enjoy. An estimated 1,700 people are benefitted.

PO Box 856Guernsey, WY 82214

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.00x

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

501(c)6 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

26th percentile

0.00x

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

501(c)6 • $500k-$1M nonprofits • Source year 2022

Net Margin

98th percentile

63%

Higher net margin than 98% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

32nd percentile

-2.3%

Faster asset growth than 32% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-78%

Faster revenue growth than 1% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$720,155

Down $17,249 (-2.3%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$720,155

Down $17,249 (-2.3%) from 2021

Revenue

Down

$16,750

Down $59,792 (-78%) from 2021

Expenses

Down

$6,268

Down $1,732 (-22%) from 2021

Net Income

Down

$10,482

Down $58,060 (-85%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2021: $737,404Liabilities 2021: $0Net Assets 2021: $737,4042021Assets 2022: $720,155Liabilities 2022: $0Net Assets 2022: $720,1552022

Highlighted filing

2022

Assets$720,155
Liabilities$0
Net Assets$720,155

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0Revenue 2021: $76,542Expenses 2021: $8,000Net Income 2021: $68,5422021Revenue 2022: $16,750Expenses 2022: $6,268Net Income 2022: $10,4822022

Highlighted filing

2022

Revenue$16,750
Expenses$6,268
Net Income$10,482

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 13, 2023
Return Version
2022v5.0
Gross Receipts
$35,962
Mission and Program Overview

Mission

To promote the diverse economic development of guernsey & the surrounding area which above all will enhance the quality of life we enjoy. An estimated 1,700 people are benefitted.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$709,673$720,155▲ $10,482
Land, Buildings, and Equipment, Net$358,955$356,871▼ $2,084
Cash and Non-Interest-Bearing Accounts$275,249$310,159▲ $34,910
Total Assets$709,673$720,155▲ $10,482
Other Assets Total$75,469$53,125▼ $22,344
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$709,673$720,155▲ $10,482
Total Liabilities and Net Assets / Fund Balance$709,673$720,155▲ $10,482

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$70,001$9,999-
Land$286,853--
Equipment$17$3,822-
Other Assets Org$53,125--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Craig FrederickPresident
Rose MartinezVice President
Barb FrederickDirector
Chuck FrederickDirector
Cj MccabeDirector
Doug FrederickDirector
Harold ThomasDirector
Jodi Eldon GarverDirector
Lori IbarraDirector
Merlin HittDirector
Mike BeardDirector
Misty ThomasDirector
Pam HebbertDirector
Tamara StensonDirector
Troy ReichertDirector
Laura BurfeindSecretary
Dan SissonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,650
Program Service Revenue
$0
Investment Income
$6,589
Other Revenue
$6,511
Change in Net Assets
$10,482
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,268
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,084$0$0$2,084
Fees for Services Accounting$1,400$0$0$1,400
Occupancy$1,128$0$0$1,128
Advertising$755$0$0$755
Other Expenses$344$0$0$344
Information Technology$280$0$0$280
Total Functional Expenses$6,268$0$0$6,268
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$8,550
Fundraising Gross Income$7,557
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
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
Filing and Contact Details

Filer

Filer Name
Guernsey Economic & Tourism Dev Corp
EIN
83-0292557
Phone
3078362152
Address
PO BOX 856, GUERNSEY, WY 82214

Signing Officer

Name
Dan Sisson
Title
Treasurer
Phone
3078362152
Signed
2023-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Sisson
Formed
1990
Legal Domicile
Wy
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
24

Preparer

Firm
Weaver & Mcguire
Address
862 GILCHRIST, WHEATLAND, WY 82201
Preparer
Michele Mcguire
Phone
3073225102
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

Officers regularly & consisently monitor & enforce the written conflict of interest policy

Pt VI, Line 18

UPON REQUEST

Pt VI, Line 6

The organization has members who pay dues

Pt VI, Line 7A

The members vote on who is governing body

Pt VI, Line 11B

Return is available at meeting

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IRS990ScheduleD/EquipmentGrp/DepreciationAmt03822
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt03839
IRS990ScheduleD/LandGrp/BookValueAmt0286853
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0286853
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt053125
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONTRACT TO GUERNSEY HOTEL LLC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0356871
IRS990ScheduleD/TotalBookValueOtherAssetsAmt053125
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS REGULARLY & CONSISENTLY MONITOR & ENFORCE THE WRITTEN CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS MEMBERS WHO PAY DUES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS VOTE ON WHO IS GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RETURN IS AVAILABLE AT MEETING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0709673
IRS990/TotalAssetsEOYAmt0720155
IRS990/TotalAssetsGrp/BOYAmt0709673
IRS990/TotalAssetsGrp/EOYAmt0720155
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03650
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06268
IRS990/TotalFunctionalExpensesGrp/TotalAmt06268
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0709673
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0720155
IRS990/TotalRevenueGrp/ExclusionAmt0-993
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014093
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt016750
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt024
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0709673
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0720155
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0PO BOX 856
IRS990/USAddress/CityNm0GUERNSEY
IRS990/USAddress/StateAbbreviationCd0WY
IRS990/USAddress/ZIPCd082214
IRS990/VotingMembersGoverningBodyCnt024
IRS990/VotingMembersIndependentCnt024
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAN SISSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03078362152
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GUERNSEY ECONOMIC & TOURISM DEV CORP
ReturnHeader/Filer/BusinessNameControlTxt0GUER
ReturnHeader/Filer/EIN0830292557
ReturnHeader/Filer/PhoneNum03078362152
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 856
ReturnHeader/Filer/USAddress/CityNm0GUERNSEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WY
ReturnHeader/Filer/USAddress/ZIPCd082214
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263628906
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEAVER & MCGUIRE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0862 GILCHRIST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WHEATLAND

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