LAWRENCEVILLE-VINCENNES AIRPORT DEVELOPMENT FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
LAWRENCEVILLE-VINCENNES AIRPORT DEVELOPMENT FOUNDATION INC (EIN 41-2118464)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-07-07
IRS object ID
202341889349300619
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

FieldValueIRS element (for citing)
Return2023-07-07T12:56:25-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371165982PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVID W WEGER CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1605 N 12TH STAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP62439ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN412118464EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAWRENCEVILLE-VINCENNES AIRPORTBusinessNameLine1Txt
Business Name Line2DEVELOPMENT FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLAWRBusinessNameControlTxt
Phone6189435733PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113608 HANGER ROADAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP62439ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID COURTNEYPersonNm
Person TitleTREASURERPersonTitleTxt
Phone6189435733PhoneNum
Signature2023-06-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDAVIDPersonFirstNm
Person LastCOURTNEYPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID W WEGERPreparerPersonNm
PTINP00727804PTIN
Phone6189437545PhoneNum
Preparation2023-06-27PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerALLEN LARGEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1206 MONROEAddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP62439ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$44,631GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2003FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionORGANIZATION'S MISSION IS TO ENHANCE, IMPROVE, BENEFIT, AND DEVELOPE THE BI-STATE AUTHORITY, LAWRENCEVILLE-VINCENNES MUNICIPAL AIRPORT, MID AMERICA AIR CENTER, THEREBY ENCOURAGING INDUSTRIAL DEVELOPMENT, COMMERCIAL, BUSINESS, RETAIL AND OTHER SUPPORTING SERVICES WHICH WILL PROVIDE JOB OPPORTUNITIES, BROADEN THE TAX BASE AND IMPROVE THE QUALITY OF LIVING.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$100PYContributionsGrantsAmt
CY Contributions Grants$100CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$55,704PYInvestmentIncomeAmt
CY Investment Income$44,531CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$55,804PYTotalRevenueAmt
CY Total Revenue$44,631CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$30PYOtherExpensesAmt
CY Other Expenses$15CYOtherExpensesAmt
PY Total Expenses$30PYTotalExpensesAmt
CY Total Expenses$15CYTotalExpensesAmt
PY Revenues Less Expenses$55,774PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$44,616CYRevenuesLessExpensesAmt
Total Assets BOY$1,401,531TotalAssetsBOYAmt
Total Assets EOY$1,446,146TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,401,531NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,446,146NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionORGANIZATION'S MISSION IS TO ENHANCE, IMPROVE, BENEFIT, AND DEVELOPE THE BI-STATE AUTHORITY, LAWRENCEVILLE-VINCENNES MUNICIPAL AIRPORT, MID AMERICA AIR CENTER, THEREBY ENCOURAGING INDUSTRIAL DEVELOPMENT, COMMERCIAL, BUSINESS, RETAIL AND OTHER SUPPORTING SERVICES WHICH WILL PROVIDE JOB OPPORTUNITIES, BROADEN THE TAX BASE AND IMPROVE THE QUALITY OF LIVING.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescSUPPORTED THE PURCHASE OF AIRPLANE BY LOCAL GROUP IN ORDER TO PROMOTE INCREASE INTEREST IN PERSONAL FLYING AND INCREASE FLIGHT INSTRUCTION.Desc
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKURT SCHWARTZPersonNm
Phone6189435733PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1RR4 BOX 195AddressLine1Txt
CityLAWRENCEVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP62439ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
CHRISTOPHER PFAFF
MEMBERYes (X)$0$0$0
GREG SCHMIDTKNECHT
MEMBERYes (X)$0$0$0
JOHN SUPINIE
MEMBERYes (X)$0$0$0
DON WAGNER
MEMBERYes (X)$0$0$0
DAVID COURTNEY
TREASURER$0$0$0Yes (X)
ALLEN LARGE
PRESIDENT$0$0$0Yes (X)
JOE YOCHUM
SECRETARY$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$100AllOtherContributionsAmt
Total Contributions$100TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$37,782TotalRevenueColumnAmt
Related Or Exempt Func Income$37,782RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$6,749OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$6,749OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,749TotalRevenueColumnAmt
Related Or Exempt Func Income$6,749RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$44,631TotalRevenueColumnAmt
Related Or Exempt Func Income$44,531RelatedOrExemptFuncIncomeAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescFILING FEESDesc
Total$15TotalAmt
Management And General$15ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$15TotalAmt
Program Services$0ProgramServicesAmt
Management And General$15ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$206,879BOYAmt
EOY$207,126EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,149,652BOYAmt
EOY$1,194,020EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$45,000BOYAmt
EOY$45,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,401,531BOYAmt
EOY$1,446,146EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,401,531BOYAmt
EOY$1,446,146EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,401,531BOYAmt
EOY$1,446,146EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,401,531BOYAmt
EOY$1,446,146EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$44,616ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$1OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$650CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$100CurrentTaxYearMinus1YearAmt
Current Tax Year$100CurrentTaxYearAmt
Total$850TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,915CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,062CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$44,551CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,498CurrentTaxYearMinus1YearAmt
Current Tax Year$37,782CurrentTaxYearAmt
Total$212,808TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,915CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,712CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$44,551CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,598CurrentTaxYearMinus1YearAmt
Current Tax Year$37,882CurrentTaxYearAmt
Total$213,658TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$213,658PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,915CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,712CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$44,551CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$39,598CurrentTaxYearMinus1YearAmt
Current Tax Year$37,882CurrentTaxYearAmt
Total$213,658TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONORGANIZATION'S MISSION IS TO ENHANCE, IMPROVE, BENEFIT, AND DEVELOPE THE BI-STATE AUTHORITY, LAWRENCEVILLE-VINCENNES MUNICIPAL AIRPORT, MID AMERICA AIR CENTER, THEREBY ENCOURAGING INDUSTRIAL DEVELOPMENT, COMMERCIAL, BUSINESS, RETAIL AND OTHER SUPPORTING SERVICES WHICH WILL PROVIDE JOB OPPORTUNITIES, BROADEN THE TAX BASE AND IMPROVE THE QUALITY OF LIVING.
FORM 990, PAGE 6, PART VI, LINE 11BAT LEAST TWO BOARD MEMBERS AND THE AIRPORT MANAGER REVIEW THE 990 BEFORE IT IS FILED.
FORM 990, PAGE 6, PART VI, LINE 19UPON REQUEST
FORM 990, PART XI, LINE 9ROUNDING -1

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