CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: CLARION COUNTY ECONOMIC DEVELOPMENT CORPORATION (EIN 25-1237688)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-11-12
IRS object ID: 201333169349304508
Schema version: 2012v2.3
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
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-11-12T13:00:09-06:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BROOKS & RHOADS CPAS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	160 S 2ND AVE STE D	AddressLine1
City	CLARION	City
State	PA	State
ZIP Code	162142444	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	251237688	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	CLARION COUNTY ECONOMIC DEVELOPMENT	BusinessNameLine1
Business Name Line2	CORPORATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	CLAR	NameControl
Phone	8142269045	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	330 NORTH POINT DRIVE	AddressLine1
Address Line2	ROOM/SUITE 212	AddressLine2
City	CLARION	City
State	PA	State
ZIP Code	16214	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JAMIE S LEFEVER	Name
Title	EXEC DIRECTOR	Title
Phone	8142269045	Phone
Date Signed	2013-11-12	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GREG B RHOADS	Name
Phone	8142264039	Phone
Date Prepared	2013-11-12	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	X	AddressChange
Name Of Principal Officer Person	WILLIAM L HENRY	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	330 NORTH POINT DRIVE SUITE 212	AddressLine1
City	CLARION	City
State	PA	State
ZIP Code	16214	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	151450	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1972	YearFormation
State Legal Domicile	PA	StateLegalDomicile
Activity Or Mission Description	THE CORPORATION IS ENGAGED IN PROMOTING ECONOMIC DEVELOPMENT IN CLARION COUNTY. FUNCTIONS INCLUDE ASSISTING CLIENTS IN OBTAINING FINANCING AND CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	2	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	106609	ContributionsGrantsPriorYear
Contributions Grants Current Year	121328	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	41287	ProgramServiceRevenuePriorYear
Program Service Revenue CY	23842	ProgramServiceRevenueCY
Investment Income Prior Year	4451	InvestmentIncomePriorYear
Investment Income Current Year	6280	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	152347	TotalRevenuePriorYear
Total Revenue Current Year	151450	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	109626	SalariesEtcPriorYear
Salaries Etc Current Year	83556	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	59030	OtherExpensePriorYear
Other Expenses Current Year	70864	OtherExpensesCurrentYear
Total Expenses Prior Year	168656	TotalExpensesPriorYear
Total Expenses Current Year	154420	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-16309	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-2970	RevenuesLessExpensesCY
Total Assets BOY	2615634	TotalAssetsBOY
Total Assets EOY	2602386	TotalAssetsEOY
Total Liabilities BOY	489013	TotalLiabilitiesBOY
Total Liabilities EOY	478735	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2126621	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	2123651	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE CORPORATION IS ENGAGED IN PROMOTING ECONOMIC DEVELOPMENT IN CLARION COUNTY. FUNCTIONS INCLUDE ASSISTING CLIENTS IN OBTAINING FINANCING AND CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	154420	Expense
Description	ASSISTING CLIENTS IN OBTAINING FINANCING AND CONSTRUCTING AND MAINTAINING INDUSTRIAL PARKS.	Description
Total Program Service Expense	154420	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	2	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	PA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	CORPORATION	NamePerson
Telephone Number	8142269045	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	330 NORTH POINT DRIVE STE 212	AddressLine1
City	CLARION	City
State	PA	State
ZIP Code	16214	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
WILLIAM L HENRY
DIRECTOR	X	0	0	0
KEN MALESKI
	X	0	0	0
BUTCH CAMPBELL
	X	0	0	0
BYRON QUINTON
	X	0	0	0
BRIAN SEKULA
DIRECTOR	X	0	0	0
KEITH DECKER
	X	0	0	0
MICHAEL CARLINI
	X	0	0	0
JAMES KIFER
TREASURER		0	0	0	X
DON D LEWIS
VICE PRESIDE		0	0	0	X
TERRY GEORGE
SECRETARY		0	0	0	X

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	121328	AllOtherContributions
Total Contributions	121328	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	ADMINISTRATIVE FEES	Description
Total Revenue Column	23842	TotalRevenueColumn
Related Or Exempt Function Income	23842	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	23842	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	6280	TotalRevenueColumn
Exclusion	$6,280	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	151450	TotalRevenueColumn
Related Or Exempt Function Income	23842	RelatedOrExemptFunctionIncome
Exclusion	$6,280	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	78808	Total
Program Services	78808	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	4748	Total
Program Services	4748	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	2048	Total
Program Services	2048	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	1750	Total
Program Services	1750	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	3192	Total
Program Services	3192	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	8947	Total
Program Services	8947	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	14050	Total
Program Services	14050	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	2738	Total
Program Services	2738	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	247	Total
Program Services	247	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	1880	Total
Program Services	1880	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	6895	Total
Program Services	6895	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	3807	Total
Program Services	3807	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
OFFICE EQUIPMENT	10401	10401
REP & MAINT-IND PARK	6275	6275
MISCELLANEOUS	5034	5034
TELEPHONE	3034	3034

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	566	Total
Program Services	566	ProgramServices

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	154420	Total
Program Services	154420	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	453380	BOY
EOY	504453	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	88029	BOY
EOY	43029	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	78241	BOY
EOY	65815	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	2180735	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	191646	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1995984	BOY
EOY	1989089	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2615634	BOY
EOY	2602386	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	489013	BOY
EOY	478735	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	489013	BOY
EOY	478735	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1689230	BOY
EOY	1696540	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	437391	BOY
EOY	427111	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2126621	BOY
EOY	2123651	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2615634	BOY
EOY	2602386	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-2970	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	false	FSAudited

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	201517	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	216547	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	505056	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	106609	CurrentTaxYearMinus1Year
Current Tax Year	121328	CurrentTaxYear
Total	1151057	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	201517	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	216547	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	505056	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	106609	CurrentTaxYearMinus1Year
Current Tax Year	121328	CurrentTaxYear
Total	1151057	Total

Field	Value	IRS element (for citing)
Public Support Total170	1151057	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4571	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	3447	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	4520	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	4451	CurrentTaxYearMinus1Year
Current Tax Year	6280	CurrentTaxYear
Total	23269	Total

Field	Value	IRS element (for citing)
Total Support	1174326	TotalSupport
Gross Receipts From Admissions Etc	23842	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.98020	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.98420	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2180735	OtherCostOrOtherBasis
Depreciation	191646	Depreciation
Book Value	1989089	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1989089	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	NOTES PAYABLE	Description
Amount	$478,735	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	478735	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	151450	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	151450	RevenueSubtotal
Total Revenue Per Form990	151450	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	154420	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	154420	ExpensesSubtotal
Total Expenses Per Form990	154420	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	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.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	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.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	MEMBER ASKED TO RESIGN FROM BOARD OR REMOVE THE CONFLICT
COMPENSATION PROCESS FOR TOP OFFICIAL	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.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	N/A
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	AVAILABLE FOR PUBLIC INSPECTION DURING NORMAL WORKING HOURS.