RIFLE ECONOMIC DEVELOPMENT CORPORATION: Form 990EZ, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- RIFLE ECONOMIC DEVELOPMENT CORPORATION (EIN 20-5780798)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-02-21
- IRS object ID
- 201940529349200624
- Schema version
- 2018v3.1
- 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 | 2019-02-21T15:51:21-08:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 841461173 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Weiss and Associates PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 West Ave Ste 101 | AddressLine1Txt |
| City | Rifle | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 816502252 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205780798 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Rifle Economic Development Corporation | BusinessNameLine1Txt |
| Business Name Line2 | co Weiss & Associates PC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RIFL | BusinessNameControlTxt |
| Phone | 9706254202 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 West Avenue Suite 101 | AddressLine1Txt |
| City | Rifle | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81650 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Mike Johnson | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2019-02-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Edward E Weiss CPA | PreparerPersonNm |
| PTIN | P00411953 | PTIN |
| Phone | 9706252262 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $150,247 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $149,785 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $462 | InvestmentIncomeAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Total Revenue | $150,247 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $14,896 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $70,434 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $8,588 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $135 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $31,012 | OtherExpensesTotalAmt |
| Total Expenses | $125,065 | TotalExpensesAmt |
| Excess Or Deficit For Year | $25,182 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $178,644 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $203,826 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,004 | BOYAmt |
| EOY | $125,061 | EOYAmt |
Land And Buildings LandAndBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,000 | BOYAmt |
| EOY | $10,000 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,040 | BOYAmt |
| EOY | $69,764 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,044 | BOYAmt |
| EOY | $204,825 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $400 | BOYAmt |
| EOY | $999 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,644 | BOYAmt |
| EOY | $203,826 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | Purpose of the Organization is to promote economic development. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | Purpose of the Organization is to promote economic development. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $125,066 | GrantsAndAllocationsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $125,066 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (9 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| Mike Johnson | ||
| President | 5.00 | $0 |
| Annick Pruett | ||
| Secretary | 5.00 | $0 |
| Joy Wentzel | ||
| Treasurer | 5.00 | $0 |
| Michael Langhorne | ||
| Board Member | 5.00 | $0 |
| Rachel Pohkrant | ||
| Director | 5.00 | $0 |
| Sally Brands | ||
| Secretary | 5.00 | $0 |
| Aron Diaz | ||
| Director | 5.00 | $0 |
| Stuart McArthur | ||
| Director | 5.00 | $0 |
| Kimberly Bullen | ||
| Director | 5.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Organization Filed990 T | false | OrganizationFiled990TInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Initiation Fees And Cap Contri | $0 | InitiationFeesAndCapContriAmt |
| Gross Receipts For Public Use | $0 | GrossReceiptsForPublicUseAmt |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Ed Weiss | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 450 West Avenue Suite 101 | AddressLine1Txt |
| City | Rifle | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 81650 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9706252262 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Form720 Filed | false | Form720FiledInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Related Org Sect527 Org | false | RelatedOrgSect527OrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
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 | $130,325 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $122,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $117,100 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $172,337 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $149,785 | CurrentTaxYearAmt |
| Total | $692,447 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $130,325 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $122,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $117,100 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $172,337 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $149,785 | CurrentTaxYearAmt |
| Total | $692,447 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $692,447 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $192 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $583 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $502 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $332 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $461 | CurrentTaxYearAmt |
| Total | $2,070 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,557 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $79,095 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $46,604 | CurrentTaxYearMinus2YearsAmt |
| Total | $140,256 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $834,773 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $860,569 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.82950 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81860 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (17 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other Expenses.1001 | Advertising and Promotion $19798 |
| Other Expenses.1003 | Information Technology $2101 |
| Other Expenses.1005 | Travel $149 |
| Other Expenses.1007 | Conferences, Conventions, and Meetings $1326 |
| Other Expenses.1009 | Depreciation $267 |
| Other Expenses.1012 | Insurance $475 |
| Other Expenses.1 | Public Support $3600 |
| Other Expenses.2 | Telephone $2258 |
| Other Expenses.3 | Bank Charges $316 |
| Other Expenses.4 | Supplies $253 |
| Other Expenses.5 | Western Adventure Weekend $200 |
| Other Expenses.6 | Registration Fees $199 |
| Other Expenses.8 | Dues & Subscriptions $70 |
| Other Assets.1002 | Furniture and Fixtures - Beginning $14399 Furniture and Fixtures - Ending $14132 |
| Other Assets.1009 | Notes and Loans Receivable - Beginning $19641 Notes and Loans Receivable - Ending $55632 |
| Total Liabilities.1001 | Accounts Payable and Accrued Expenses - Beginning $400 Accounts Payable and Accrued Expenses - Ending $560 |
| Total Liabilities.1 | Payroll Taxes Payable - Beginning $0 Payroll Taxes Payable - Ending $439 |
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