Civic Intelligence

Arvada Economic Development Association

990 • Fiscal year 2015 • EIN 84-1070053

Jan 01, 2015 to Dec 31, 2015 • Filed on May 09, 2016

8101 Ralston RoadArvada, CO 80002

(720) 898-7012

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

20th percentile

0.00x

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

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

96th percentile

36%

Higher net margin than 96% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

86th percentile

27%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

100th percentile

8204%

Faster revenue growth than 100% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$845,642

Up $181,452 (+27%) from 2014

Net Assets

Up

$845,642

Up $181,452 (+27%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$506,814

Up $500,711 (+8204%) from 2014

Expenses

Up

$325,362

Up $107,668 (+49%) from 2014

Net Income

Up

$181,452

Up $393,043 (+186%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $814,024Liabilities 2011: $0Net Assets 2011: $814,0242011Assets 2012: $1,137,605Liabilities 2012: $0Net Assets 2012: $1,137,6052012Assets 2013: $875,781Liabilities 2013: $0Net Assets 2013: $875,7812013Assets 2014: $664,190Liabilities 2014: $0Net Assets 2014: $664,1902014Assets 2015: $845,642Liabilities 2015: $0Net Assets 2015: $845,6422015Assets 2016: $881,782Liabilities 2016: $0Net Assets 2016: $881,7822016Assets 2017: $604,903Liabilities 2017: $0Net Assets 2017: $604,9032017Assets 2018: $497,327Liabilities 2018: $0Net Assets 2018: $497,3272018Assets 2019: $636,920Liabilities 2019: $0Net Assets 2019: $636,9202019Assets 2020: $543,290Liabilities 2020: $0Net Assets 2020: $543,2902020Assets 2021: $432,621Liabilities 2021: $0Net Assets 2021: $432,6212021Assets 2022: $567,096Liabilities 2022: $0Net Assets 2022: $567,0962022Assets 2023: $381,672Liabilities 2023: $0Net Assets 2023: $381,6722023Assets 2024: $529,097Liabilities 2024: $0Net Assets 2024: $529,0972024

Highlighted filing

2015

Assets$845,642
Liabilities$0
Net Assets$845,642

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2011: $378,8522011Expenses 2012: $186,4452012Revenue 2013: $5,065Expenses 2013: $266,889Net Income 2013: -$261,8242013Revenue 2014: $6,103Expenses 2014: $217,694Net Income 2014: -$211,5912014Revenue 2015: $506,814Expenses 2015: $325,362Net Income 2015: $181,4522015Revenue 2016: $501,944Expenses 2016: $465,804Net Income 2016: $36,1402016Revenue 2017: $5,439Expenses 2017: $282,318Net Income 2017: -$276,8792017Revenue 2018: $3,929Expenses 2018: $111,505Net Income 2018: -$107,5762018Revenue 2019: $256,841Expenses 2019: $117,248Net Income 2019: $139,5932019Revenue 2020: $126,200Expenses 2020: $219,830Net Income 2020: -$93,6302020Revenue 2021: $57Expenses 2021: $110,726Net Income 2021: -$110,6692021Revenue 2022: $251,667Expenses 2022: $117,192Net Income 2022: $134,4752022Revenue 2023: $7,076Expenses 2023: $192,500Net Income 2023: -$185,4242023Revenue 2024: $263,405Expenses 2024: $115,980Net Income 2024: $147,4252024

Highlighted filing

2015

Revenue$506,814
Expenses$325,362
Net Income$181,452
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 9, 2016
Return Version
2015v2.1
Gross Receipts
$506,814
Mission and Program Overview

Mission

To assist in community economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$229,813$544,319▲ $314,506
Savings and Temporary Cash Investments$350,022$301,323▼ $48,699
Other Notes and Loans Receivable, Net$84,355--
Total Assets$664,190$845,642▲ $181,452
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$664,190$845,642▲ $181,452
Total Net Assets Fund Balance$664,190$845,642▲ $181,452
Total Liabilities and Net Assets / Fund Balance$664,190$845,642▲ $181,452
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul HellerPresident
Alan ParkerBoard Member
Bob DyerBoard Member
Fred BakerBoard Member
Janet SteinkampBoard Member
Jim WhitfieldBoard Member
John BodnarBoard Member
Ken OlsenBoard Member
Maro DimmerBoard Member
Mike LitzauBoard Member
Mike VanderkolkBoard Member
Paul DuncanBoard Member
Shawn OlsonBoard Member
Steve CaminsBoard Member
Jodi ThomasSecretary/tr
Dave DohertyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$500,000
Program Service Revenue
$0
Investment Income
$6,814
Other Revenue
$0
Change in Net Assets
$181,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$317,083
Other Expenses$8,279
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$312,083--$312,083
Payments to Affiliates$8,200--$8,200
Grants to Domestic Individuals$5,000--$5,000
Office Expenses$79--$79
Total Functional Expenses$325,362$0$0$325,362
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Barone IncArvada, CO-Site Improvement$62,000
Casper Western Real EstateDenver, CO-Site Improvement$50,000
ROCKY MOUNTAIN CHILDREN'S HEALTHDenver, CO-Site Improvement$36,167
P&s 5660 LLCArvada, CO-Site Improvement$18,000
Alio IndustriesArvada, CO-Site Improvement$15,000
Arvada Auto CenterArvada, CO-Site Improvement$15,000
Cub Square CenterArvada, CO-Site Improvement$15,000
Das Meyer Pastry ChaletArvada, CO-Site Improvement$15,000
ECHTER'S GREENHOUSEArvada, CO-Site Improvement$15,000
Hill IndustriesArvada, CO-Site Improvement$15,000
Industrial Chemicals CorpArvada, CO-Site Improvement$15,000
Creative Advertising & PrintingArvada, CO-Site Improvement$13,430
Eli Ashby Healing Arts CenterArvada, CO-Site Improvement$5,145
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 7A

Board members appointed by the city of arvada

Form 990, Page 6, Part VI, Line 9

Fred baker steve camins maro dimmer dave doherty paul duncan bob dyer paul heller 8101 ralston road arvada, co 80002 mike litzau ken olsen shawn olson alan parker janet steinkamp jodi thomas mike vanderkolk jim whitfield john bodnar

Form 990, Page 6, Part VI, Line 11B

Review conducted by association director and president

Form 990, Page 6, Part VI, Line 19

Documents will be made available upon request

Filing and Contact Details

Filer

Filer Name
Arvada Economic Development
EIN
84-1070053
Phone
7208987012
Address
8101 RALSTON ROAD, ARVADA, CO 80002

Signing Officer

Name
Paul Heller
Title
President
Phone
7208987012
Signed
2016-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Heller
Formed
1987
Legal Domicile
Co
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
21

Preparer

Firm
Alfano & Associates Pc
Address
5727 ALLISON STREET, ARVADA, CO 80002-2419
Preparer
Jonathon R Alfano CPA
Phone
3034637992
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Revitalization grants to local businesses

Raw XML AppendixShowing 400 of 425 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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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ARVADA AUTO CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3INDUSTRIAL CHEMICALS CORP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CASPER WESTERN REAL ESTATE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5P&S 5660 LLC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6BARONE INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7DAS MEYER PASTRY CHALET
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8HILL INDUSTRIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9ROCKY MOUNTAIN CHILDREN'S HEALTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10ALIO INDUSTRIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11CUB SQUARE CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12ECHTER'S GREENHOUSE
IRS990ScheduleI/RecipientTable/RecipientEIN0841386518
IRS990ScheduleI/RecipientTable/RecipientEIN1841294178
IRS990ScheduleI/RecipientTable/RecipientEIN2841338344
IRS990ScheduleI/RecipientTable/RecipientEIN3846035445
IRS990ScheduleI/RecipientTable/RecipientEIN4841307939
IRS990ScheduleI/RecipientTable/RecipientEIN5471372145
IRS990ScheduleI/RecipientTable/RecipientEIN6840466840
IRS990ScheduleI/RecipientTable/RecipientEIN7841025706
IRS990ScheduleI/RecipientTable/RecipientEIN8841290177
IRS990ScheduleI/RecipientTable/RecipientEIN9263839761
IRS990ScheduleI/RecipientTable/RecipientEIN10421570174
IRS990ScheduleI/RecipientTable/RecipientEIN11133918909
IRS990ScheduleI/RecipientTable/RecipientEIN12840491743
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt07401 GRANDVIEW AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt15840 OLDE WADSWORTH BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt26812 WADSWORTH BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt34711 W 58TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4288 CLAYTON STREET 204
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt55660 OLDE WADSWORTH BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt65879 W 58TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt713251 W 64TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt85810 LAMAR STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt92055 HIGH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt105335 XENON STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt115225 W 80TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt125150 GARRISON STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0SUITE 240
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt1UNIT T
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm4DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm5ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm6ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm7ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm8ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm9DENVER
IRS990ScheduleI/RecipientTable/USAddress/CityNm10ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm11ARVADA
IRS990ScheduleI/RecipientTable/USAddress/CityNm12ARVADA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11CO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd12CO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd080002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd180002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd280003
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd380002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd480206
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd580002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd680002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd780004
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd880002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd980205
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1080002
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1180003
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1280002
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT RECIPIENTS ARE REQUIRED TO APPLY FOR GRANT FUNDS AND PROVIDE COMPLETED INVOICES FOR SITE IMPROVEMENTS BEFORE FUNDS ARE DISBURSED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVITALIZATION GRANTS TO LOCAL BUSINESSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS APPOINTED BY THE CITY OF ARVADA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FRED BAKER STEVE CAMINS MARO DIMMER DAVE DOHERTY PAUL DUNCAN BOB DYER PAUL HELLER 8101 RALSTON ROAD ARVADA, CO 80002 MIKE LITZAU KEN OLSEN SHAWN OLSON ALAN PARKER JANET STEINKAMP JODI THOMAS MIKE VANDERKOLK JIM WHITFIELD JOHN BODNAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW CONDUCTED BY ASSOCIATION DIRECTOR AND PRESIDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS WILL BE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0664190
IRS990/TotalAssetsEOYAmt0845642
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0500000
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0325362
IRS990/TotalFunctionalExpensesGrp/TotalAmt0325362
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0664190
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0845642
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06814
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0506814
IRS990/TotalVolunteersCnt021
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0664190
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0845642
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0664190
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0845642
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08101 RALSTON ROAD
IRS990/USAddress/CityNm0ARVADA
IRS990/USAddress/StateAbbreviationCd0CO
IRS990/USAddress/ZIPCd080002
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0WWW.AEDA.BIZ
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAUL HELLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.26$0.12$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.01$0.19$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.25$0.12$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.00$0.11$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.13$0.22$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.26$0.12$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.00$0.11$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.60$0.00$0.60$0.01$0.28$0.28
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.50$0.47$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.51$0.33$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.01$0.22$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.01$0.27$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.00$1.14$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.00$0.81$0.38