CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2022
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- Organization
- CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION (EIN 25-1237688)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-09
- IRS object ID
- 202323139349301332
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-09T09:53:01-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251900599 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROOKS & RHOADS CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 S 2ND AVE STE D | AddressLine1Txt |
| City | CLARION | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 162142444 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 251237688 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARION COUNTY ECONOMIC DEVELOPMENT | BusinessNameLine1Txt |
| Business Name Line2 | CORPORATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CLAR | BusinessNameControlTxt |
| Phone | 8142269045 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 S SECOND AVE SUITE 3 | AddressLine1Txt |
| City | CLARION | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16214 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MILISSA BAUER | PersonNm |
| Person Title | SECRETARY/TREASURER | PersonTitleTxt |
| Phone | 8142269045 | PhoneNum |
| Signature | 2023-10-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MILISSA | PersonFirstNm |
| Person Last | BAUER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GREG B RHOADS | PreparerPersonNm |
| PTIN | P00496351 | PTIN |
| Phone | 8142264039 | PhoneNum |
| Preparation | 2023-10-31 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JASON L HANSFORD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 STRAWBERRY FARM RD | AddressLine1Txt |
| City | KNOX | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16232 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $182,602 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1972 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | THE CORPORATION IS ENGAGED IN PROMOTING ECONOMIC ACTIVITY IN CLARION COUNTY. FUNCTIONS INCLUDE ASSISTING CLIENTS IN OBTAINING FINANCING, CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS, OBTAINING GRANTS AND GRANT ADMINISTRATION, ENCOURAGING TOURISM, INFRASTRUCTURE AND WORKFORCE EDUCATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $186,127 | PYContributionsGrantsAmt |
| CY Contributions Grants | $173,177 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,675 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,000 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$153,582 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,425 | CYInvestmentIncomeAmt |
| PY Other Revenue | $11,590 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $48,810 | PYTotalRevenueAmt |
| CY Total Revenue | $182,602 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $100,870 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $112,786 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $170,297 | PYOtherExpensesAmt |
| CY Other Expenses | $118,385 | CYOtherExpensesAmt |
| PY Total Expenses | $271,167 | PYTotalExpensesAmt |
| CY Total Expenses | $231,171 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$222,357 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$48,569 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,917,682 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,963,651 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $324,620 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $419,158 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,593,062 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,544,493 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CORPORATION IS ENGAGED IN PROMOTING ECONOMIC ACTIVITY IN CLARION COUNTY. FUNCTIONS INCLUDE ASSISTING CLIENTS IN OBTAINING FINANCING, CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS, OBTAINING GRANTS AND GRANT ADMINISTRATION, ENCOURAGING TOURISM, INFRASTRUCTURE AND WORKFORCE EDUCATION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $187,850 | ExpenseAmt |
| Desc | ASSISTING CLIENTS IN OBTAINING FINANCING AND CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS. | Desc |
| Total Program Service Expenses | $187,850 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CORPORATION | PersonNm |
| Phone | 8142269045 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 160 S SECOND AVE STE 3 | AddressLine1Txt |
| City | CLARION | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16214 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|
| MICHAEL FORNOF | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| DR PAMELA GENT | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| WILLIAM HENRY | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| LAURA HENSLEY | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| JOSH LESNIAK | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| MARY LOUISE LOGUE | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| TED THARAN | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| TRACI WILDESON | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| MILISSA BAUER | |||||
| SECRETARY/TR | $0 | $0 | $0 | Yes (X) | |
| TERRY GEORGE | |||||
| VICE PRESIDE | $0 | $0 | $0 | Yes (X) | |
| JASON L HANSFORD | |||||
| PRESIDENT | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $21,450 | MembershipDuesAmt |
| Government Grants | $151,727 | GovernmentGrantsAmt |
| Total Contributions | $173,177 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE FEES | Desc |
| Total Revenue Column | $3,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,000 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,425 | TotalRevenueColumnAmt |
| Exclusion | $6,425 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $182,602 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,000 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $6,425 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,000 | TotalAmt |
| Program Services | $66,500 | ProgramServicesAmt |
| Management And General | $28,500 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,102 | TotalAmt |
| Program Services | $4,271 | ProgramServicesAmt |
| Management And General | $1,831 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,684 | TotalAmt |
| Program Services | $8,179 | ProgramServicesAmt |
| Management And General | $3,505 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,153 | TotalAmt |
| Program Services | $69,461 | ProgramServicesAmt |
| Management And General | $1,692 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,125 | TotalAmt |
| Program Services | $7,125 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,965 | TotalAmt |
| Program Services | $4,474 | ProgramServicesAmt |
| Management And General | $1,491 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,658 | TotalAmt |
| Program Services | $10,243 | ProgramServicesAmt |
| Management And General | $3,415 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,217 | TotalAmt |
| Program Services | $1,663 | ProgramServicesAmt |
| Management And General | $554 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,819 | TotalAmt |
| Program Services | $4,857 | ProgramServicesAmt |
| Management And General | $962 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,894 | TotalAmt |
| Program Services | $6,894 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,942 | TotalAmt |
| Program Services | $2,957 | ProgramServicesAmt |
| Management And General | $985 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DUES & SUBS | $626 | $626 | |
| IDP GRANT | $600 | $600 | |
| MISCELLANEOUS | $386 | $386 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $231,171 | TotalAmt |
| Program Services | $187,850 | ProgramServicesAmt |
| Management And General | $43,321 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,035 | BOYAmt |
| EOY | $34,616 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $649,496 | BOYAmt |
| EOY | $675,249 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $14,750 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $141,546 | BOYAmt |
| EOY | $129,325 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,356,795 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $247,084 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,116,605 | BOYAmt |
| EOY | $1,109,711 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,917,682 | BOYAmt |
| EOY | $1,963,651 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,620 | BOYAmt |
| EOY | $419,158 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,620 | BOYAmt |
| EOY | $419,158 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,176,023 | BOYAmt |
| EOY | $1,124,795 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $417,039 | BOYAmt |
| EOY | $419,698 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,593,062 | BOYAmt |
| EOY | $1,544,493 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,917,682 | BOYAmt |
| EOY | $1,963,651 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$48,569 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $98,697 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $96,423 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $211,058 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $186,127 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $173,177 | CurrentTaxYearAmt |
| Total | $765,482 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $98,697 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $96,423 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $211,058 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $186,127 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $173,177 | CurrentTaxYearAmt |
| Total | $765,482 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $765,482 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,995 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $25,937 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,963 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,744 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,425 | CurrentTaxYearAmt |
| Total | $62,064 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $615 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,213 | CurrentTaxYearMinus2YearsAmt |
| Total | $2,828 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $830,374 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $28,265 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.92190 | PublicSupportCY170Pct |
| Public Support PY170 | 0.89850 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME 2,828 | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $50,217 | OtherCostOrOtherBasisAmt |
| Book Value | $50,217 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,306,578 | OtherCostOrOtherBasisAmt |
| Depreciation | $247,084 | DepreciationAmt |
| Book Value | $1,059,494 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,109,711 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NOTES PAYABLE | $321,953 |
| DEFERRED REVENUE | $97,205 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $419,158 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $182,602 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $182,602 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $182,602 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $231,171 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $231,171 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $231,171 | TotalExpensesPerForm990Amt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE CORPORATION IS ENGAGED IN PROMOTING ECONOMIC ACTIVITY IN CLARION COUNTY. FUNCTIONS INCLUDE ASSISTING CLIENTS IN OBTAINING FINANCING, CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS, OBTAINING GRANTS AND GRANT ADMINISTRATION, ENCOURAGING TOURISM, INFRASTRUCTURE AND WORKFORCE EDUCATION. |
| FORM 990, PAGE 6, PART VI, LINE 6 | THE ORGANIZATION HAS MEMBERS, BUT THE MEMBERS HAVE NO GOVERNING OR VOTING RIGHTS. INDIVIDUALS, BUSINESSES AND ORGANIZATIONS CAN BECOME A MEMBER WITH A FEE RANGING FROM 100 TO 1000 DEPENDING ON THE TYPE AND SIZE OF THE ENTITY. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY ALL BOARD MEMBERS PRIOR TO FILING. THE FORM 990 IS APPROVED AND AUTHORIZATION GIVEN TO FILE THE DOCUMENTS AT A MEETING BY THE DIRECTORS AND KEPT BY THE CORPORATION |
| FORM 990, PAGE 6, PART VI, LINE 12C | MEMBER ASKED TO RESIGN FROM BOARD OR REMOVE THE CONFLICT |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE FOR PUBLIC INSPECTION DURING NORMAL WORKING HOURS. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES 5,075 1,692 0 CONSULTING FEES 52,875 0 0 BROWNFIELD DEVELOPMENT FEES 9,880 0 0 REPAIRS & MAINT-INDUSTRIAL PA 1,631 0 0 TOTAL 69,461 1,692 0 |