CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2014
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- Organization
- CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION (EIN 25-1237688)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201533209349303148
- Schema version
- 2014v5.0
- 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 | 2015-11-16T09:29:32-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | 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 | 2014-01-01 | 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 | 330 NORTH POINT DRIVE SUITE 212 | AddressLine1Txt |
| City | CLARION | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16214 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMIE S LEFEVER | PersonNm |
| Person Title | EXEC DIRECTOR | PersonTitleTxt |
| Phone | 8142269045 | PhoneNum |
| Signature | 2015-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GREG B RHOADS | PreparerPersonNm |
| PTIN | P00496351 | PTIN |
| Phone | 8142264039 | PhoneNum |
| Preparation | 2015-11-16 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JAMIE S LEFEVER EXEC DIRECTOR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 NORTH POINT DRIVE SUITE 212 | AddressLine1Txt |
| City | CLARION | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 16214 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $331,727 | 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 DEVELOPMENT IN CLARION COUNTY. FUNCTIONS INCLUDE ASSISTING CLIENTS IN OBTAINING FINANCING AND CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $100,157 | PYContributionsGrantsAmt |
| CY Contributions Grants | $284,497 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $21,888 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $42,289 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,434 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,838 | CYInvestmentIncomeAmt |
| CY Other Revenue | $103 | CYOtherRevenueAmt |
| PY Total Revenue | $127,479 | PYTotalRevenueAmt |
| CY Total Revenue | $331,727 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $83,000 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $72,470 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $62,533 | PYOtherExpensesAmt |
| CY Other Expenses | $80,899 | CYOtherExpensesAmt |
| PY Total Expenses | $145,533 | PYTotalExpensesAmt |
| CY Total Expenses | $153,369 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$18,054 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $178,358 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,571,722 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,740,549 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $466,125 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $456,594 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,105,597 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,283,955 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CORPORATION IS ENGAGED IN PROMOTING ECONOMIC DEVELOPMENT IN CLARION COUNTY. FUNCTIONS INCLUDE ASSISTING CLIENTS IN OBTAINING FINANCING AND CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $153,369 | ExpenseAmt |
| Desc | ASSISTING CLIENTS IN OBTAINING FINANCING AND CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS. | Desc |
| Total Program Service Expenses | $153,369 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | 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 |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| 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 With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | false | 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 | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | 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 | 330 NORTH POINT DRIVE STE 212 | 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 (9 entries)
| TitleTitleTxt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|
| WILLIAM L HENRY | |||||
| DIRECTOR | Yes (X) | $0 | $0 | $0 | |
| KEN MALESKI | |||||
| Yes (X) | $0 | $0 | $0 | ||
| BUTCH CAMPBELL | |||||
| Yes (X) | $0 | $0 | $0 | ||
| BYRON QUINTON | |||||
| Yes (X) | $0 | $0 | $0 | ||
| BRIAN SEKULA | |||||
| SECRETARY | Yes (X) | $0 | $0 | $0 | |
| KEITH DECKER | |||||
| Yes (X) | $0 | $0 | $0 | ||
| JAMES KIFER | |||||
| TREASURER | $0 | $0 | $0 | Yes (X) | |
| DON D LEWIS | |||||
| VICE PRESIDE | $0 | $0 | $0 | Yes (X) | |
| TERRY GEORGE | |||||
| 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 |
| Government Grants | $88,122 | GovernmentGrantsAmt |
| All Other Contributions | $196,375 | AllOtherContributionsAmt |
| Noncash Contributions | $170,000 | NoncashContributionsAmt |
| Total Contributions | $284,497 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADMINISTRATIVE FEES | Desc |
| Total Revenue Column | $42,289 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $42,289 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $42,289 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,838 | TotalRevenueColumnAmt |
| Exclusion | $4,838 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $103 | TotalRevenueColumnAmt |
| Exclusion | $103 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $331,727 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $42,289 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $4,941 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,819 | TotalAmt |
| Program Services | $65,819 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,058 | TotalAmt |
| Program Services | $2,058 | ProgramServicesAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,593 | TotalAmt |
| Program Services | $4,593 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,694 | TotalAmt |
| Program Services | $1,694 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,171 | TotalAmt |
| Program Services | $3,171 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,416 | TotalAmt |
| Program Services | $3,416 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,777 | TotalAmt |
| Program Services | $1,777 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,086 | TotalAmt |
| Program Services | $15,086 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,466 | TotalAmt |
| Program Services | $2,466 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,422 | TotalAmt |
| Program Services | $3,422 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,116 | TotalAmt |
| Program Services | $2,116 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,455 | TotalAmt |
| Program Services | $8,455 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,523 | TotalAmt |
| Program Services | $4,523 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| REP & MAINT-HAWTHORN WARE | $15,703 | $15,703 |
| REP & MAINT-IND PARK | $13,953 | $13,953 |
| TELEPHONE | $2,105 | $2,105 |
| SERVICE/ADM FEES | $1,604 | $1,604 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,408 | TotalAmt |
| Program Services | $1,408 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,369 | TotalAmt |
| Program Services | $153,369 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $432,415 | BOYAmt |
| EOY | $437,843 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,783 | BOYAmt |
| EOY | $43,939 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,330 | BOYAmt |
| EOY | $102,237 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,363,526 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $206,996 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,982,194 | BOYAmt |
| EOY | $2,156,530 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,571,722 | BOYAmt |
| EOY | $2,740,549 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $466,125 | BOYAmt |
| EOY | $456,594 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $466,125 | BOYAmt |
| EOY | $456,594 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,704,987 | BOYAmt |
| EOY | $1,880,305 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $400,610 | BOYAmt |
| EOY | $403,650 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,105,597 | BOYAmt |
| EOY | $2,283,955 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,571,722 | BOYAmt |
| EOY | $2,740,549 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $178,358 | 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 | $505,056 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $106,609 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,328 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $100,157 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $284,497 | CurrentTaxYearAmt |
| Total | $1,117,647 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $505,056 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $106,609 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,328 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $100,157 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $284,497 | CurrentTaxYearAmt |
| Total | $1,117,647 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $1,117,647 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,520 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,451 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,280 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,434 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,838 | CurrentTaxYearAmt |
| Total | $25,523 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,143,170 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $42,289 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.97770 | PublicSupportCY170Pct |
| Public Support PY170 | 0.97750 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,363,526 | OtherCostOrOtherBasisAmt |
| Depreciation | $206,996 | DepreciationAmt |
| Book Value | $2,156,530 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,156,530 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NOTES PAYABLE | $456,094 |
| SECURITY DEPOSIT | $500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $456,594 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $331,727 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $331,727 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $331,727 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $153,369 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $153,369 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $153,369 | TotalExpensesPerForm990Amt |
Schedule M IRS990ScheduleM
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $170,000 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
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 DEVELOPMENT IN CLARION COUNTY. FUNCTIONS INCLUDE ASSISTING CLIENTS IN OBTAINING FINANCING AND CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY ALL BOARD MEMBERS PRIOR TO FILING. APPROVAL AND AUTHORIZATION TO FILE DOCUMENTS ARE INITIALED BY ALL 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 15A | THE PERSONNEL COMMITTEE OF THE BOARD PERFORMS AN EVALUATION OF THE EXECUTIVE DIRECTOR ANNUALLY AND SUGGESTS COMPENSATION AMOUNTS TO THE FULL BOARD. THE BOARD THEN TAKES FORMAL ACTION TO SET THE SALARY AND BENEFITS ANNUALLY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | N/A |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE FOR PUBLIC INSPECTION DURING NORMAL WORKING HOURS. |