Civic Intelligence

Parkutoledo Inc

990 • Fiscal year 2021 • EIN 87-2830916

Sep 17, 2021 to Dec 31, 2021 • Filed on Jun 29, 2022

Organization ProfileWWW.UTOLEDO.EDU/PARKINGSERVICES/PARKUTOLEDO
One Maritime Plaza Suite 7Toledo, OH 43604

(567) 267-3309

Siviq Scores

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

Liabilities / Assets

96th percentile

1.00x

Higher debt load relative to assets than 96% of similar nonprofits.

2021 filings • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

45.61x

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

2021 filings • $50M-$100M nonprofits • Source year 2021

Net Margin

13th percentile

-8.1%

Higher net margin than 13% of similar nonprofits.

2021 filings • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$329,006

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 20.9% of source-year revenue.

2021 filings • $50M-$100M nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Balance Sheet
Liabilities / Assets96th percentile

Assets

$71,745,822

No earlier filing loaded for comparison.

Net Assets

-$127,892

No earlier filing loaded for comparison.

Liabilities

$71,873,714

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin13th percentile

Revenue

$1,575,805

No earlier filing loaded for comparison.

Expenses

$1,703,697

No earlier filing loaded for comparison.

Net Income

-$127,892

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$80M$60M$40M$20M$0-$20MAssets 2021: $71,745,822Liabilities 2021: $71,873,714Net Assets 2021: -$127,8922021Assets 2022: $72,312,253Liabilities 2022: $74,030,326Net Assets 2022: -$1,718,0732022Assets 2023: $71,392,940Liabilities 2023: $73,618,306Net Assets 2023: -$2,225,3662023Assets 2024: $70,755,713Liabilities 2024: $73,618,409Net Assets 2024: -$2,862,6962024

Highlighted filing

2021

Assets$71,745,822
Liabilities$71,873,714
Net Assets-$127,892
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10M$5.0M$0-$5.0MRevenue 2021: $1,575,805Expenses 2021: $1,703,697Net Income 2021: -$127,8922021Revenue 2022: $5,936,952Expenses 2022: $7,527,133Net Income 2022: -$1,590,1812022Revenue 2023: $6,710,699Expenses 2023: $7,217,992Net Income 2023: -$507,2932023Revenue 2024: $6,893,160Expenses 2024: $7,530,490Net Income 2024: -$637,3302024

Highlighted filing

2021

Revenue$1,575,805
Expenses$1,703,697
Net Income-$127,892
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 17, 2021 to Dec 31, 2021
Signed
Jun 29, 2022
Return Version
2021v4.2
Gross Receipts
$1,575,805
Mission and Program Overview

Mission

Lease, operate, maintain and improve parking system at the university of toledo

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets-$52,062,886-
Cash and Non-Interest-Bearing Accounts-$19,393,244-
Accounts Receivable-$210,117-
Land, Buildings, and Equipment, Net$0$79,575▲ $79,575
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$-127,892▼ $127,892
Total Assets$0$71,745,822▲ $71,745,822
Liabilities
Tax Exempt Bond Liabilities-$71,372,225-
Accounts Payable and Accrued Expenses-$338,862-
Deferred Revenue-$162,627-
Total Liabilities$0$71,873,714▲ $71,873,714
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$-127,892▼ $127,892
Total Liabilities and Net Assets / Fund Balance$0$71,745,822▲ $71,745,822

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$79,575$4,188$83,763
Compensation and Service Providers
Top Officer Pay61st percentile

Board Members and Trustees

NameTitle
Thomas J WinstonPresident
Brian PerzTrustee
Joe CappelTrustee
Dawn M WenkSecretary
Kathleen a DespothTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,575,805
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-127,892

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,575,805
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,575,805
Total Revenue per Form 990
$1,575,805
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,703,697
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
Interest$618,031--$618,031
Depreciation Depletion$378,539--$378,539
Fees for Services Other$140,694$102,738-$243,432
Fees for Services Management$56,250$97,500-$153,750
Insurance$30,990$4,575-$35,565
Information Technology$22,271$5,432-$27,703
Office Expenses$26,583$682-$27,265
Travel-$7,468-$7,468
Other Expenses$6,422$7,624-$6,422
Occupancy-$5,297-$5,297
Advertising$4,267--$4,267
Total Functional Expenses$1,472,381$231,316$0$1,703,697

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,703,697
Total Expenses per Audited Statements$1,703,697
Total Expenses per Form 990$1,703,697
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AToledo Lucas County Port Authority2021-10-07$74,516,676Operate, maintain and improve university's parking system

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$74,516,676--$3,227,297

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Parkutoledo does not have employees; all employees are employed by either diogenes asset management company or sp plus.”

Form 990, Part VI, Section A, Line 6

“The port authority, the sole member of parkutoledo, appointed the board members of parkutoledo.”

Form 990, Part VI, Section A, Line 7A

“The port authority, the sole member of parkutoledo, appointed the board members of parkutoledo.”

Form 990, Part VI, Section B, Line 11B

“The return is reviewed by the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Monitoring of the conflict of interest policy, parkutoledo board members are required to disclose any actual or possible conflict of interest in conjunction with the conflict of interest policy. Prior to voting on any proposed transactions, members are provided with the opportunity to disclose material facts that could give rise to an actual or possible conflict. As appropriate, parkutoledo will seek counsel from external experts to assist in determining whether a conflict exists.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and financial statements are made available upon request. The organization adheres to the ohio revised code sections pertaining to public records requests.”

Filing and Contact Details

Filer

Filer Name
Parkutoledo Inc
EIN
87-2830916
Phone
5672673309
Address
ONE MARITIME PLAZA SUITE 7, TOLEDO, OH 43604

Signing Officer

Name
Kathleen Despoth
Title
Treasurer
Phone
4192144179
Signed
2022-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Despoth
Formed
2021
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Clark Schaefer Hackett & Co
Address
4449 EASTON WAY SUITE 400, COLUMBUS, OH 43219
Preparer
Jane E Pfeifer
Phone
6148852208
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract services: program service expenses 140,694. Management and general expenses 0. Fundraising expenses 0. Total expenses 140,694. Professional fees: program service expenses 0. Management and general expenses 102,738. Fundraising expenses 0. Total expenses 102,738.”

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt033740
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt120405
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt220180
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt317650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt416553
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt119266
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt28127
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt319266
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt47125
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS J WINSTON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DAWN M WENK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JOE CAPPEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3BRIAN PERZ
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4KATHLEEN A DESPOTH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0329006
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1197496
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2184526
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3173565
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt4152493
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd01
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0SOURCE OF FUNDS: PAR AMOUNT OF SERIES 2021 BONDS $68,670,000 PREMIUM 5,846,676 TOTAL $74,516,676
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH K, LINE 3
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02021-10-07
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0346406986
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0889259AL1
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt074516676
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0TOLEDO LUCAS COUNTY PORT AUTHORITY
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0OPERATE, MAINTAIN AND IMPROVE UNIVERSITY'S PARKING SYSTEM
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt052521000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/InReserveFundAmt05134893
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt03227297
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt074516676
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PARKUTOLEDO DOES NOT HAVE EMPLOYEES; ALL EMPLOYEES ARE EMPLOYED BY EITHER DIOGENES ASSET MANAGEMENT COMPANY OR SP PLUS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PORT AUTHORITY, THE SOLE MEMBER OF PARKUTOLEDO, APPOINTED THE BOARD MEMBERS OF PARKUTOLEDO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PORT AUTHORITY, THE SOLE MEMBER OF PARKUTOLEDO, APPOINTED THE BOARD MEMBERS OF PARKUTOLEDO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RETURN IS REVIEWED BY THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MONITORING OF THE CONFLICT OF INTEREST POLICY, PARKUTOLEDO BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST IN CONJUNCTION WITH THE CONFLICT OF INTEREST POLICY. PRIOR TO VOTING ON ANY PROPOSED TRANSACTIONS, MEMBERS ARE PROVIDED WITH THE OPPORTUNITY TO DISCLOSE MATERIAL FACTS THAT COULD GIVE RISE TO AN ACTUAL OR POSSIBLE CONFLICT. AS APPROPRIATE, PARKUTOLEDO WILL SEEK COUNSEL FROM EXTERNAL EXPERTS TO ASSIST IN DETERMINING WHETHER A CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. THE ORGANIZATION ADHERES TO THE OHIO REVISED CODE SECTIONS PERTAINING TO PUBLIC RECORDS REQUESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 140,694. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,694. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 102,738. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 102,738.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TOLEDO-LUCAS COUNTY PORT AUTHORITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0346406986
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0GOVERNMENTAL SUBDIVISION, ADMINISTERS ECONOMIC DEVELOPMENT, SEAPORT, AIRPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0ONE MARITIME PLAZA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TOLEDO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd043604
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$71,745,822
Liabilities
$71,873,714
Net assets
-$127,892
Revenue
$1,575,805
Expenses
$1,703,697
Net income
-$127,892
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$70.8$73.6$2.86$6.89$7.53$0.64
2023Detailed filing. Detailed filing data is available for this year.$71.4$73.6$2.23$6.71$7.22$0.51
2022Detailed filing. Detailed filing data is available for this year.$72.3$74.0$1.72$5.94$7.53$1.59
2021Detailed filing. Detailed filing data is available for this year.$71.7$71.9$0.13$1.58$1.70$0.13