Civic Intelligence

La Plata Economic Development Alliance

990 • Fiscal year 2014 • EIN 84-1533334

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 13, 2015

1211 Main Avenue Suite 1Durango, CO 81301

(970) 259-1700

Siviq Scores

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

Liabilities / Assets

68th percentile

0.06x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

71st percentile

11%

Higher net margin than 71% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

94th percentile

$80,816

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 26.8% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

63rd percentile

9.9%

Faster asset growth than 63% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

56th percentile

4.0%

Faster revenue growth than 56% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$257,862

Up $23,270 (+9.9%) from 2013

Net Assets

Up

$242,316

Up $11,461 (+5.0%) from 2013

Liabilities

Up

$15,546

Up $11,809 (+316%) from 2013

Revenue

Up

$301,833

Up $11,716 (+4.0%) from 2013

Expenses

Up

$267,457

Up $1,450 (+0.5%) from 2013

Net Income

Up

$34,376

Up $10,266 (+43%) from 2013

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: $200,004Liabilities 2011: $13,179Net Assets 2011: $186,8252011Assets 2012: $222,744Liabilities 2012: $15,999Net Assets 2012: $206,7452012Assets 2013: $234,592Liabilities 2013: $3,737Net Assets 2013: $230,8552013Assets 2014: $257,862Liabilities 2014: $15,546Net Assets 2014: $242,3162014Assets 2015: $286,717Liabilities 2015: $23,410Net Assets 2015: $263,3072015Assets 2016: $299,615Liabilities 2016: $21,683Net Assets 2016: $277,9322016Assets 2017: $317,928Liabilities 2017: $23,763Net Assets 2017: $294,1652017Assets 2018: $345,870Liabilities 2018: $13,197Net Assets 2018: $332,6732018Assets 2019: $408,461Liabilities 2019: $1,577Net Assets 2019: $406,8842019Assets 2020: $391,955Liabilities 2020: $5,202Net Assets 2020: $386,7532020Assets 2021: $632,788Liabilities 2021: $55,991Net Assets 2021: $576,7972021Assets 2022: $849,537Liabilities 2022: $215,108Net Assets 2022: $634,4292022Assets 2023: $1,406,051Liabilities 2023: $279,926Net Assets 2023: $1,126,1252023Assets 2024: $1,352,240Liabilities 2024: $197,638Net Assets 2024: $1,154,6022024

Highlighted filing

2014

Assets$257,862
Liabilities$15,546
Net Assets$242,316

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $216,782Expenses 2011: $176,340Net Income 2011: $40,4422011Expenses 2012: $244,0372012Revenue 2013: $290,117Expenses 2013: $266,007Net Income 2013: $24,1102013Revenue 2014: $301,833Expenses 2014: $267,457Net Income 2014: $34,3762014Revenue 2015: $331,477Expenses 2015: $312,853Net Income 2015: $18,6242015Revenue 2016: $393,471Expenses 2016: $378,846Net Income 2016: $14,6252016Revenue 2017: $338,365Expenses 2017: $321,349Net Income 2017: $17,0162017Revenue 2018: $354,927Expenses 2018: $310,295Net Income 2018: $44,6322018Revenue 2019: $313,095Expenses 2019: $260,783Net Income 2019: $52,3122019Revenue 2020: $286,126Expenses 2020: $315,431Net Income 2020: -$29,3052020Revenue 2021: $569,138Expenses 2021: $382,758Net Income 2021: $186,3802021Revenue 2022: $573,629Expenses 2022: $481,206Net Income 2022: $92,4232022Revenue 2023: $1,355,005Expenses 2023: $839,311Net Income 2023: $515,6942023Revenue 2024: $1,425,181Expenses 2024: $1,422,048Net Income 2024: $3,1332024

Highlighted filing

2014

Revenue$301,833
Expenses$267,457
Net Income$34,376
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 13, 2015
Return Version
2014v5.0
Gross Receipts
$301,833
Mission and Program Overview

Mission

To create a vibrant business community and a range of employment opportunities for la plata county citizens through retention, expansion and recruitment of quality businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$146,421$192,944▲ $46,523
Savings and Temporary Cash Investments$62,666$41,589▼ $21,077
Other Notes and Loans Receivable, Net-$14,032-
Investments Program Related$25,000$9,297▼ $15,703
Intangible Assets$505$0▼ $505
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$234,592$257,862▲ $23,270
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$3,737$11,537▲ $7,800
Unsecured Notes Loans Payable-$4,009-
Total Liabilities$3,737$15,546▲ $11,809
Net Assets / Fund Balance
Unrestricted Net Assets$186,922$187,383▲ $461
Temporarily Rstr Net Assets$43,933$54,933▲ $11,000
Total Net Assets Fund Balance$230,855$242,316▲ $11,461
Total Liabilities and Net Assets / Fund Balance$234,592$257,862▲ $23,270
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Roger ZalneraitisExecutive DirectorFT$80,816$80,816

Board Members and Trustees

NameTitle
Brad TafoyaChairman
Jay DavisVice Chairman
Christina RinderleDirector
Dr Rick SmithDirector
Emily MeisnerDirector
Julie WestendorffDirector
Lee San MiguelDirector
Chris McCroskeySecretary
Michael RussellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$259,414
Program Service Revenue
$41,355
Investment Income
$1,064
Other Revenue
$0
Change in Net Assets
$34,376
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,075
Salaries, Compensation, and Employee Benefits$122,382
Total Fundraising Expense$11,873
Grants and Similar Amounts Paid$9,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$55,772$14,872$3,718$74,362
Conferences and Meetings$30,573--$30,573
Other Salaries and Wages$2,754$24,231$550$27,535
Fees for Services Other$13,490-$4,497$17,987
All Other Expenses$6,454$9,078$431$15,963
Advertising$14,864--$14,864
Other Employee Benefits$6,698$3,852$800$11,350
Payroll Taxes$5,108$3,650$377$9,135
Grants to Domestic Orgs$9,000--$9,000
Information Technology$5,215$2,999$623$8,837
Office Expenses$2,055$5,554$235$7,844
Occupancy$4,709$2,388$490$7,587
Travel$6,399--$6,399
Other Expenses$4,500--$4,500
Insurance$1,275$734$152$2,161
Depreciation Depletion-$505-$505
Total Functional Expenses$187,721$67,863$11,873$267,457
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
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, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization is made up of members. The members elect the members of the executive board and approve significant decisions of the excutive board.

Form 990, Part VI, Line 11B: Form 990 Review Process

Tax return reviewed by the Executive Director before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All members are asked to identify potential conflicts before all monthly member meetings and Executive Board meetings.

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

The Executive Director's compensation is reviewed annually by the Executive Board.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Made available upon request.

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

Made available upon request.

Filing and Contact Details

Filer

Filer Name
La Plata County Economic Development
EIN
84-1533334
Phone
9702591700
Address
1211 Main Avenue Suite 1, Durango, CO 81301

Signing Officer

Name
Roger Zalneraitis
Title
CEO
Signed
2015-10-13
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
12

Preparer

Firm
FredrickZink & Associates PC CPAs
Address
954 East 2nd Avenue 201, Durango, CO 81301-5111
Preparer
Sidny K Zink
Phone
9702470506
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IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0800
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03852
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06698
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011350
IRS990/OtherExpensesGrp/Desc0Development Center funding
IRS990/OtherExpensesGrp/Desc1Start-up program unrecoverable
IRS990/OtherExpensesGrp/Desc2Chamber Look Local
IRS990/OtherExpensesGrp/Desc3Data and research
IRS990/OtherExpensesGrp/ProgramServicesAmt07000
IRS990/OtherExpensesGrp/ProgramServicesAmt16655
IRS990/OtherExpensesGrp/ProgramServicesAmt25200
IRS990/OtherExpensesGrp/ProgramServicesAmt34500
IRS990/OtherExpensesGrp/TotalAmt07000
IRS990/OtherExpensesGrp/TotalAmt16655
IRS990/OtherExpensesGrp/TotalAmt25200
IRS990/OtherExpensesGrp/TotalAmt34500
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0550
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024231
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02754
IRS990/OtherSalariesAndWagesGrp/TotalAmt027535
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt014032
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt0377
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03650
IRS990/PayrollTaxesGrp/ProgramServicesAmt05108
IRS990/PayrollTaxesGrp/TotalAmt09135
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PriorPeriodAdjustmentsAmt0-22915
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Event sponsors
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt041355
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt041355
IRS990/ProgSrvcAccomActy2Grp/Desc0Start-up Program: The Alliance is a 50% member of SCAPE Investment Fund Administrator, LLC (SCAPE LLC), a limited liability company created to provide financing for local start-up companies participating in a mentorship program developed by Southwest Colorado Accelerator Program for Entrepreneurs (SCAPE), a nonprofit organization related to the LLC. SCAPE, the nonprofit entity, selects start-up companies to participate in the program and provides mentorship over a period of months. Successful participants repay the initial financing they received through the LLC by issuing shares of stock, or by paying cash, to those entities that advanced funds to the LLC. Ownership interest in each start-up company is prorated based on how funds were distributed by the LLC to the start-up. While the successful start-up companies either issued shares or paid cash, others were unsuccessful and the Alliances share of advances representing financing provided to those entities was recognized as program expense.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06655
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0282575
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0332
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0128288
IRS990/PYProgramServiceRevenueAmt07210
IRS990/PYRevenuesLessExpensesAmt024110
IRS990/PYSalariesCompEmpBnftPaidAmt0137719
IRS990/PYTotalExpensesAmt0266007
IRS990/PYTotalRevenueAmt0290117
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt034376
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt062666
IRS990/SavingsAndTempCashInvstGrp/EOYAmt041589
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/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization is made up of members. The members elect the members of the executive board and approve significant decisions of the excutive board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Tax return reviewed by the Executive Director before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All members are asked to identify potential conflicts before all monthly member meetings and Executive Board meetings.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Executive Director's compensation is reviewed annually by the Executive Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt043933
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt054933
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0234592
IRS990/TotalAssetsEOYAmt0257862
IRS990/TotalAssetsGrp/BOYAmt0234592
IRS990/TotalAssetsGrp/EOYAmt0257862
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0259414
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011873
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067863
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0187721
IRS990/TotalFunctionalExpensesGrp/TotalAmt0267457
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03737
IRS990/TotalLiabilitiesEOYAmt015546
IRS990/TotalLiabilitiesGrp/BOYAmt03737
IRS990/TotalLiabilitiesGrp/EOYAmt015546
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0230855
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0242316
IRS990/TotalProgramServiceExpensesAmt0192733
IRS990/TotalProgramServiceRevenueAmt041355
IRS990/TotalReportableCompFromOrgAmt080816
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt042419
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0301833
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0234592
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0257862
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt06399
IRS990/TravelGrp/TotalAmt06399
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0186922
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0187383
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt04009
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.20$1.15$1.43$1.42$0.00
2023Summary only. Only limited summary data is available for this year.$1.41$0.28$1.13$1.36$0.84$0.52
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.22$0.63$0.57$0.48$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.06$0.58$0.57$0.38$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.01$0.39$0.29$0.32$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$0.31$0.26$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.01$0.33$0.35$0.31$0.04
2017Summary only. Only limited summary data is available for this year.$0.32$0.02$0.29$0.34$0.32$0.02
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.02$0.28$0.39$0.38$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.02$0.26$0.33$0.31$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.02$0.24$0.30$0.27$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$0.29$0.27$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.02$0.21$0.24
2011Summary only. Only limited summary data is available for this year.$0.20$0.01$0.19$0.22$0.18$0.04