Civic Intelligence

Verde Valley Regional Economic Organization Inc

990 • Fiscal year 2017 • EIN 86-0810911

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 11, 2018

Organization ProfileVVREO.COM
PO Box 57Cottonwood, AZ 86326

(928) 821-8846

Siviq Scores

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

Liabilities / Assets

81st percentile

0.38x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

2.08x

Higher debt load relative to revenue than 99% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

97th percentile

45%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

97th percentile

84%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

33%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$537,522

Up $245,975 (+84%) from 2016

Net Assets

Up

$331,877

Up $40,330 (+14%) from 2016

Liabilities

Up

$205,645

Up $205,645 from 2016

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin97th percentile

Revenue

Up

$98,819

Up $24,588 (+33%) from 2016

Expenses

Up

$54,675

Up $20,167 (+58%) from 2016

Net Income

Up

$44,144

Up $4,421 (+11%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$1.0M$500K$0Assets 2011: $3,204Liabilities 2011: $02011Assets 2012: $5,559Liabilities 2012: $02012Assets 2013: $209,584Liabilities 2013: $0Net Assets 2013: $209,5842013Assets 2014: $213,369Liabilities 2014: $0Net Assets 2014: $213,3692014Assets 2015: $251,824Liabilities 2015: $0Net Assets 2015: $251,8242015Assets 2016: $291,547Liabilities 2016: $0Net Assets 2016: $291,5472016Assets 2017: $537,522Liabilities 2017: $205,645Net Assets 2017: $331,8772017Assets 2018: $706,283Liabilities 2018: $360,500Net Assets 2018: $345,7832018Assets 2019: $861,539Liabilities 2019: $474,744Net Assets 2019: $386,7952019Assets 2020: $884,365Liabilities 2020: $450,110Net Assets 2020: $434,2552020Assets 2021: $822,331Liabilities 2021: $424,549Net Assets 2021: $397,7822021Assets 2022: $818,928Liabilities 2022: $401,183Net Assets 2022: $417,7452022Assets 2023: $811,824Liabilities 2023: $375,314Net Assets 2023: $436,5102023Assets 2024: $913,697Liabilities 2024: $346,417Net Assets 2024: $567,2802024

Highlighted filing

2017

Assets$537,522
Liabilities$205,645
Net Assets$331,877
Open 2017 Filing

Operations Trend

Revenue Growth91st percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $3,696Expenses 2011: $10,841Net Income 2011: -$7,1452011Revenue 2012: $9,122Expenses 2012: $6,767Net Income 2012: $2,3552012Revenue 2013: $219,957Expenses 2013: $14,980Net Income 2013: $204,9772013Revenue 2014: $3,996Expenses 2014: $211Net Income 2014: $3,7852014Revenue 2015: $80,003Expenses 2015: $55,004Net Income 2015: $24,9992015Revenue 2016: $74,231Expenses 2016: $34,508Net Income 2016: $39,7232016Revenue 2017: $98,819Expenses 2017: $54,675Net Income 2017: $44,1442017Revenue 2018: $70,902Expenses 2018: $56,996Net Income 2018: $13,9062018Revenue 2019: $130,870Expenses 2019: $89,858Net Income 2019: $41,0122019Revenue 2020: $173,721Expenses 2020: $126,261Net Income 2020: $47,4602020Revenue 2021: $125,165Expenses 2021: $161,638Net Income 2021: -$36,4732021Revenue 2022: $142,623Expenses 2022: $122,660Net Income 2022: $19,9632022Revenue 2023: $120,961Expenses 2023: $102,196Net Income 2023: $18,7652023Revenue 2024: $216,955Expenses 2024: $86,185Net Income 2024: $130,7702024

Highlighted filing

2017

Revenue$98,819
Expenses$54,675
Net Income$44,144
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 11, 2018
Return Version
2017v2.3
Gross Receipts
$98,819
Mission and Program Overview

Mission

Verde valley regional economic organization provides comprehensive economic development expertise, tools, marketing and outreach. Provides access to resources for regional business creation, attraction, retention and expansion.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$191,656$331,607▲ $139,951
Other Notes and Loans Receivable, Net$98,891$205,915▲ $107,024
Accounts Receivable$1,000--
Total Assets$291,547$537,522▲ $245,975
Liabilities
Unsecured Notes Loans Payable-$205,645-
Total Liabilities$0$205,645▲ $205,645
Net Assets / Fund Balance
Unrestricted Net Assets$291,547$331,877▲ $40,330
Total Net Assets Fund Balance$291,547$331,877▲ $40,330
Total Liabilities and Net Assets / Fund Balance$291,547$537,522▲ $245,975
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Jennifer WesselhoffChairman
Ray SelnaChairman Ele
Alexandra WrightDirector
Andrea HouchardDirector
Andy GrosetaDirector
Barbara FirmingerDirector
Buddy Rocha JrDirector
Casey RooneyDirector
Gary WagnerDirector
Greg KomrumphDirector
Jodi FilardoDirector
Kelly PattonDirector
Luke SeftonDirector
Molly SpanglerDirector
Phillip TerbellDirector
ROBYN PURD'HOMME-BAUERDirector
Ralph RoneyDirector
Steve GoettingDirector
Penny WillsSecretary
Michael GivlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$98,819
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$98,819
Change in Net Assets
$44,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,675
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
Fees for Services Other$42,296$1,761-$44,057
Advertising$6,445--$6,445
Travel$2,162--$2,162
Office Expenses$31$1,009-$1,040
Information Technology$536--$536
Fees for Services Accounting$435--$435
Total Functional Expenses$51,905$2,770$0$54,675
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 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Verde Valley Regional Economic
EIN
86-0810911
Phone
9288218846
Address
PO BOX 57, COTTONWOOD, AZ 86326

Signing Officer

Name
Michael Givler
Title
Treasurer
Phone
9288218846
Signed
2018-06-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Wesselhoff
Voting Board Members
20
Independent Board Members
20
Employees
0

Preparer

Firm
Sterling Accounting & Tax
Address
830 S MAIN ST STE 1A, COTTONWOOD, AZ 86326-4621
Preparer
Marc Sterling
Phone
9286349524
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Verde valley regional economic organization provides comprehensive economic development expertise, tools, marketing and outreach. Provides access to resources for regional business creation, attraction, retention and expansion.”

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

“Verde valley regional economic organization provides comprehensive economic development expertise, tools, marketing and outreach. Provides access to resources for regional business creation, attraction, retention and expansion.”

Form 990, Part IX, Line 11G

“Bank fees 39 0 0 event expense 1,648 0 0 filing fees 0 78 0 insurance 238 239 0 po box rental 99 99 0 consulting 39,677 0 0 telephone 595 0 0 loan closing costs 0 700 0 interest expense 0 645 0 total 42,296 1,761 0”

Form 990, Part XI

“PRIOR PERIOD ADJUSTMENT”

Form 990, Part XI, Line 9

“-3,814”

Raw XML Appendix342 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/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt01000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0VERDE VALLEY REGIONAL ECONOMIC ORGANIZATION PROVIDES COMPREHENSIVE ECONOMIC DEVELOPMENT EXPERTISE, TOOLS, MARKETING AND OUTREACH. PROVIDES ACCESS TO RESOURCES FOR REGIONAL BUSINESS CREATION, ATTRACTION, RETENTION AND EXPANSION.
IRS990/AdvertisingGrp/ProgramServicesAmt06445
IRS990/AdvertisingGrp/TotalAmt06445
IRS990/AllOtherContributionsAmt098819
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL GIVLER
IRS990/BooksInCareOfDetail/PhoneNum09288218846
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03465 NAVOTI DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0SEDONA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd086336
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0191656
IRS990/CashNonInterestBearingGrp/EOYAmt0331607
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt098819
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt054675
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt044144
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt054675
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt098819
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0VERDE VALLEY REGIONAL ECONOMIC ORGANIZATION PROVIDES COMPREHENSIVE ECONOMIC DEVELOPMENT EXPERTISE, TOOLS, MARKETING AND OUTREACH. PROVIDES ACCESS TO RESOURCES FOR REGIONAL BUSINESS CREATION, ATTRACTION, RETENTION AND EXPANSION.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0435
IRS990/FeesForServicesAccountingGrp/TotalAmt0435
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt01761
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt042296
IRS990/FeesForServicesOtherGrp/TotalAmt044057
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL GIVLER
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER WESSELHOFF
IRS990/Form990PartVIISectionAGrp/PersonNm2PENNY WILLS
IRS990/Form990PartVIISectionAGrp/PersonNm3RAY SELNA
IRS990/Form990PartVIISectionAGrp/PersonNm4JODI FILARDO
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE GOETTING
IRS990/Form990PartVIISectionAGrp/PersonNm6ANDY GROSETA
IRS990/Form990PartVIISectionAGrp/PersonNm7GREG KOMRUMPH
IRS990/Form990PartVIISectionAGrp/PersonNm8BUDDY ROCHA JR
IRS990/Form990PartVIISectionAGrp/PersonNm9PHILLIP TERBELL
IRS990/Form990PartVIISectionAGrp/PersonNm10ALEXANDRA WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm11KELLY PATTON
IRS990/Form990PartVIISectionAGrp/PersonNm12ANDREA HOUCHARD
IRS990/Form990PartVIISectionAGrp/PersonNm13RALPH RONEY
IRS990/Form990PartVIISectionAGrp/PersonNm14CASEY ROONEY
IRS990/Form990PartVIISectionAGrp/PersonNm15GARY WAGNER
IRS990/Form990PartVIISectionAGrp/PersonNm16MOLLY SPANGLER
IRS990/Form990PartVIISectionAGrp/PersonNm17LUKE SEFTON
IRS990/Form990PartVIISectionAGrp/PersonNm18BARBARA FIRMINGER
IRS990/Form990PartVIISectionAGrp/PersonNm19ROBYN PURD'HOMME-BAUER
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/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIRMAN ELE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt098819
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt020
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0536
IRS990/InformationTechnologyGrp/TotalAmt0536
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0VERDE VALLEY REGIONAL ECONOMIC ORGANIZATION PROVIDES COMPREHENSIVE ECONOMIC DEVELOPMENT EXPERTISE, TOOLS, MARKETING AND OUTREACH. PROVIDES ACCESS TO RESOURCES FOR REGIONAL BUSINESS CREATION, ATTRACTION, RETENTION AND EXPANSION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0291547
IRS990/NetAssetsOrFundBalancesEOYAmt0331877
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01009
IRS990/OfficeExpensesGrp/ProgramServicesAmt031
IRS990/OfficeExpensesGrp/TotalAmt01040
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-3814
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt098891
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0205915
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JENNIFER WESSELHOFF
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VERDE VALLEY REGIONAL ECONOMIC ORGANIZATION PROVIDES COMPREHENSIVE ECONOMIC DEVELOPMENT EXPERTISE, TOOLS, MARKETING AND OUTREACH. PROVIDES ACCESS TO RESOURCES FOR REGIONAL BUSINESS CREATION, ATTRACTION, RETENTION AND EXPANSION.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt074231
IRS990/PYOtherExpensesAmt034508
IRS990/PYRevenuesLessExpensesAmt039723
IRS990/PYTotalExpensesAmt034508
IRS990/PYTotalRevenueAmt074231
IRS990/ReconcilationRevenueExpnssAmt044144
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VERDE VALLEY REGIONAL ECONOMIC ORGANIZATION PROVIDES COMPREHENSIVE ECONOMIC DEVELOPMENT EXPERTISE, TOOLS, MARKETING AND OUTREACH. PROVIDES ACCESS TO RESOURCES FOR REGIONAL BUSINESS CREATION, ATTRACTION, RETENTION AND EXPANSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VERDE VALLEY REGIONAL ECONOMIC ORGANIZATION PROVIDES COMPREHENSIVE ECONOMIC DEVELOPMENT EXPERTISE, TOOLS, MARKETING AND OUTREACH. PROVIDES ACCESS TO RESOURCES FOR REGIONAL BUSINESS CREATION, ATTRACTION, RETENTION AND EXPANSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK FEES 39 0 0 EVENT EXPENSE 1,648 0 0 FILING FEES 0 78 0 INSURANCE 238 239 0 PO BOX RENTAL 99 99 0 CONSULTING 39,677 0 0 TELEPHONE 595 0 0 LOAN CLOSING COSTS 0 700 0 INTEREST EXPENSE 0 645 0 TOTAL 42,296 1,761 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR PERIOD ADJUSTMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6-3,814
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0291547
IRS990/TotalAssetsEOYAmt0537522
IRS990/TotalAssetsGrp/BOYAmt0291547
IRS990/TotalAssetsGrp/EOYAmt0537522
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt098819
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02770
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt051905
IRS990/TotalFunctionalExpensesGrp/TotalAmt054675
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0205645
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0205645
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0291547
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0331877
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt098819
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0291547
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0537522
IRS990/TravelGrp/ProgramServicesAmt02162
IRS990/TravelGrp/TotalAmt02162
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0291547
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0331877
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0205645
IRS990/USAddress/AddressLine1Txt0PO BOX 57
IRS990/USAddress/CityNm0COTTONWOOD
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd086326
IRS990/VotingMembersGoverningBodyCnt020
IRS990/VotingMembersIndependentCnt020
IRS990/WebsiteAddressTxt0VVREO.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL GIVLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09288218846
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERDE VALLEY REGIONAL ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ORGANIZATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VERD
ReturnHeader/Filer/EIN0860810911
ReturnHeader/Filer/PhoneNum09288218846
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 57
ReturnHeader/Filer/USAddress/CityNm0COTTONWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd086326
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01D62EC535233B1C562EB868D674B7D93D3780F69
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01D62EC535233B1C562EB868D674B7D93D3780F69
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.119.102.165
ReturnHeader/FilingSecurityInformation/IPDt02018-10-18
ReturnHeader/FilingSecurityInformation/IPTm010:17:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205381339
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STERLING ACCOUNTING & TAX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0830 S MAIN ST STE 1A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COTTONWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0863264621
ReturnHeader/PreparerPersonGrp/PhoneNum09286349524
ReturnHeader/PreparerPersonGrp/PreparationDt02018-10-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARC STERLING
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-10-22T09:43:19-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$537,522
Liabilities
$205,645
Net assets
$331,877
Revenue
$98,819
Expenses
$54,675
Net income
$44,144
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.14$3.46$5.67$2.17$0.86$1.31
2023Detailed filing. Detailed filing data is available for this year.$8.12$3.75$4.37$1.21$1.02$0.19
2022Detailed filing. Detailed filing data is available for this year.$8.19$4.01$4.18$1.43$1.23$0.20
2021Detailed filing. Detailed filing data is available for this year.$8.22$4.25$3.98$1.25$1.62$0.36
2020Detailed filing. Detailed filing data is available for this year.$8.84$4.50$4.34$1.74$1.26$0.47
2019Detailed filing. Detailed filing data is available for this year.$8.62$4.75$3.87$1.31$0.90$0.41
2018Detailed filing. Detailed filing data is available for this year.$7.06$3.61$3.46$0.71$0.57$0.14
2017Detailed filing. Detailed filing data is available for this year.$5.38$2.06$3.32$0.99$0.55$0.44
2016Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.74$0.35$0.40
2015Detailed filing. Detailed filing data is available for this year.$2.52$0.00$2.52$0.80$0.55$0.25
2014Detailed filing. Detailed filing data is available for this year.$2.13$0.00$2.13$0.04$0.00$0.04
2013Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$2.20$0.15$2.05
2012Summary only. Only limited summary data is available for this year.$0.06$0.00$0.09$0.07$0.02
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.04$0.11$0.07