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WEST CENTRAL DEVELOPMENT CORPORATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
WEST CENTRAL DEVELOPMENT CORPORATION (EIN 20-5542830)
Tax period
2016-01-01 to 2016-12-31
Filed
2017-08-25
IRS object ID
201722379349300032
Schema version
2016v3.0
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)
Return2017-08-25T14:53:22-05:00ReturnTs
Tax Period End2016-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN310800053PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLARK SCHAEFER HACKETT & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1Two Maritime Plaza Suite 202AddressLine1Txt
CityToledoCityNm
State AbbreviationOHStateAbbreviationCd
ZIP43604ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205542830EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1West Central Development CorporationBusinessNameLine1Txt
Business Name Line2dba Anchor Financial ServicesBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlWESTBusinessNameControlTxt
Phone4192220130PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1915 West Market StreetAddressLine1Txt
CityLimaCityNm
State AbbreviationOHStateAbbreviationCd
ZIP45805ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJulie JurosicPersonNm
Person TitleExecutive VP, CFOPersonTitleTxt
Phone4192220130PhoneNum
Signature2017-08-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEric M GolusPreparerPersonNm
PTINP00841492PTIN
Phone4192430218PhoneNum
Preparation2017-08-04PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address72.240.120.5IPv4AddressTxt
FieldValueIRS element (for citing)
IP2017-08-04IPDt
IP Tm08:30:58IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id7C08B671D5A9C989CE1A1E89D2E51074795245E8AtSubmissionCreationDeviceId
At Submission Filing Device Id6FC6ED61BACF54CE761C7BDAF78D91F4FED78F8CAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJulie E Jurosic CPAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1915 West Market StreetAddressLine1Txt
CityLimaCityNm
State AbbreviationOHStateAbbreviationCd
ZIP45805ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$895,394GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addressanchorsba.comWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionTo improve the lives of disadvantaged people and strengthen distressed communities through innovative finance.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$664,760PYProgramServiceRevenueAmt
CY Program Service Revenue$895,162CYProgramServiceRevenueAmt
PY Investment Income$67PYInvestmentIncomeAmt
CY Investment Income$232CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$664,827PYTotalRevenueAmt
CY Total Revenue$895,394CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$290,467PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$319,815CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$209,376PYOtherExpensesAmt
CY Other Expenses$372,814CYOtherExpensesAmt
PY Total Expenses$499,843PYTotalExpensesAmt
CY Total Expenses$692,629CYTotalExpensesAmt
PY Revenues Less Expenses$164,984PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$202,765CYRevenuesLessExpensesAmt
Total Assets BOY$780,023TotalAssetsBOYAmt
Total Assets EOY$1,324,993TotalAssetsEOYAmt
Total Liabilities BOY$474,524TotalLiabilitiesBOYAmt
Total Liabilities EOY$816,729TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$305,499NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$508,264NetAssetsOrFundBalancesEOYAmt
MissionTo promote economic development and sustainable job growth through financing of viable small businesses by being an agent of the government,a partner for community banks and a champion for businesses.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$277,434ExpenseAmt
Revenue$388,939RevenueAmt
DescCommunity Advantage Loan Program - Administer an outstanding loan portfolio of $4,887,258. During 2016, 27 loans totaling $2,642,500 were approved and funded. This program provides loans to small businesses for working capital, inventory, leasehold improvements, and other general business expenses. 85% of the loans were provided to small businesses within Underserved Markets and 163 jobs have been created. 728.75 hours of technical support were provided. The Community Advantage Loan program adheres to the policies and procedures set forth by the U.S. Small Business Administration.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$240,997ExpenseAmt
Revenue$337,614RevenueAmt
Desc504 Loan Program - Administer an outstanding portfolio is $44,551,414. During 2016, 3 loans totaling $1,601,000 were approved and 6 loans totaling $4,784,000 were funded. This program provides loans to small businesses for fixed asset projects and 2,303 jobs have been created. The 504 Loan Program adheres to the policies and procedures as set forth by the U.S. Small Business Administration.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$30,684ExpenseAmt
Revenue$43,249RevenueAmt
DescRegional 166 Loan Program - Administer an outstanding loan portfolio of $2,643,147. During 2016, 3 loan totaling $778,600 was approved and 3 loan totaling $931,000 was funded. This program provides loans to Ohio manufacturers for fixed asset purchases or improvements and 304 jobs have been created. The Regional 166 Loan Program adheres to the policies and procedures as set forth by the Ohio Department of Administrative Services.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$0ExpenseAmt
Revenue$124,999RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Revenue$124,999TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$549,115TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee7EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Julie E Jurosic CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4192220130PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1915 W Market StreetAddressLine1Txt
CityLimaCityNm
State AbbreviationOHStateAbbreviationCd
ZIP45805ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
William Leahy
Board Member1.00Yes (X)$0$0$0
Eugene Brunswick
Board Member1.00Yes (X)$0$0$0
Timothy Lones
Board Member1.00Yes (X)$0$0$0
Robert Huff
President40.00$112,707$0$0Yes (X)
Julie Jurosic
Secretary/Treasurer5.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$112,707TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLoan Administration InDesc
Business522291BusinessCd
Total Revenue Column$895,162TotalRevenueColumnAmt
Exclusion$895,162ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$895,162TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$232TotalRevenueColumnAmt
Related Or Exempt Func Income$232RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$895,394TotalRevenueColumnAmt
Related Or Exempt Func Income$232RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$895,162ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$286,675TotalAmt
Program Services$229,340ProgramServicesAmt
Management And General$57,335ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$12,114TotalAmt
Program Services$9,691ProgramServicesAmt
Management And General$2,423ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$21,026TotalAmt
Program Services$16,821ProgramServicesAmt
Management And General$4,205ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$14,323TotalAmt
Program Services$14,323ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,815TotalAmt
Program Services$3,852ProgramServicesAmt
Management And General$963ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$48,239TotalAmt
Program Services$38,591ProgramServicesAmt
Management And General$9,648ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,375TotalAmt
Program Services$6,700ProgramServicesAmt
Management And General$1,675ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$24,322TotalAmt
Management And General$24,322ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$14,131TotalAmt
Program Services$11,305ProgramServicesAmt
Management And General$2,826ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Contributions$165,032$165,032
Info/Communications Exp$25,119$20,095$5,024
Professional Fees$19,932$19,932
Loan Loss Reserve Expen$9,895$9,895

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$38,631TotalAmt
Program Services$23,470ProgramServicesAmt
Management And General$15,161ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$692,629TotalAmt
Program Services$549,115ProgramServicesAmt
Management And General$143,514ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$159,408BOYAmt
EOY$160,854EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$110,289BOYAmt
EOY$171,798EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,051BOYAmt
EOY$135,799EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$408,093BOYAmt
EOY$759,770EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$70,654LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$29,439LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$55,346BOYAmt
EOY$41,215EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$33,836BOYAmt
EOY$55,557EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$780,023BOYAmt
EOY$1,324,993EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$22,104BOYAmt
EOY$5,318EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$445,088BOYAmt
EOY$798,082EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,332BOYAmt
EOY$13,329EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$474,524BOYAmt
EOY$816,729EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$305,499BOYAmt
EOY$508,264EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$305,499BOYAmt
EOY$508,264EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$780,023BOYAmt
EOY$1,324,993EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$202,765ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$116,686CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,250CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$118,936TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$585,696CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$508,355CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$400,199CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$664,760CurrentTaxYearMinus1YearAmt
Current Tax Year$895,162CurrentTaxYearAmt
Total$3,054,172TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$702,382CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$510,605CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$400,199CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$664,760CurrentTaxYearMinus1YearAmt
Current Tax Year$895,162CurrentTaxYearAmt
Total$3,173,108TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$3,173,108PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$305CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$344CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$67CurrentTaxYearMinus1YearAmt
Current Tax Year$232CurrentTaxYearAmt
Total$953TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$305CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$344CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$67CurrentTaxYearMinus1YearAmt
Current Tax Year$232CurrentTaxYearAmt
Total$953TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$702,687CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$510,949CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$400,204CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$664,827CurrentTaxYearMinus1YearAmt
Current Tax Year$895,394CurrentTaxYearAmt
Total$3,174,061TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.99970PublicSupportCY509Pct
Investment Income CY0.00030InvestmentIncomeCYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part IV, Section E, Line 2a:Organization supports West Central Partnership Regional 166, Inc. and West Central Partnership, Inc. in providing loan application packaging, closing, and loan servicing functions. Both organizations have an exempt purpose of providing loans to small businesses. When either organization has a small business applicant, organization is contracted to provide the necessary loan functions in order to properly document, approve, close, and service the small business loan.
Part IV, Section E, Line 2b:Organization provides loan application packaging, closing, and loan servicing functions for the supported organizations. If organization were unable to provide these services, the supported organizations would have to provide these services in order to continue with providing loans to small businesses in conjunction with their non-profit status.
Part IV, Section D, Line 2:Organization supports West Central Partnership Regional 166, Inc. and West Central Partnership, Inc. in providing loan application packaging, closing, and loan servicing functions. Both organizations have an exempt purpose of providing loans to small businesses. When either organization has a small business applicant, organization is contracted to provide the necessary loan functions in order to properly document, approve, close, and service the small business loan.

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$70,654OtherCostOrOtherBasisAmt
Depreciation$29,439DepreciationAmt
Book Value$41,215BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$41,215TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Accrued Salaries and Payroll Withholdings$13,170
State and Local Tax Payable$159
FieldValueIRS element (for citing)
Total Liability$13,329TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$895,394TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$895,394RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$895,394TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$692,629TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$692,629ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$692,629TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationThe Organization has determined that there are no uncertain tax positions that require disclosure in these financial statements under the FASB ASC topic, Income Taxes. The tax years 2013 through 2016 are subject to possible examination by the Internal Revenue Service.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bUpon completion, a copy of the Form 990 is provided to each board member for their review. Board members are given a deadline which comments must be received. After the required deadline has passed, all comments or questions are addressed with the entire board. The Form 990 is then submitted to the Internal Revenue Service in compliance with Federal and Board Regulation.
Form 990, Part VI, Section B, line 12cActivity since the previous meeting is discussed at each board meeting. If any Board Member has a conflict of interest with any of the activity, they are to note that information immediately and abstain from any potential vote regarding the matter.
Form 990, Part VI, Section B, line 15Compensation is based upon an industry study for each position. The annual average compensation structure is used to determine the current annual salary of each employee. Annual employee performance evaluations along with any changes or additions in job responsibilities as well as the overall financial status of the organization and projected budget are also taken into account in evaluating any changes to compensation.
Form 990, Part VI, Section C, line 18The governing documents, conflict of interest policy, and financial statements are all made available to the public through inspection at an office of the Organization. Additionally, as a non-profit organization, the annual tax return, which includes financial information is posted on the Guidestar website for viewing by the general public.
Form 990, Part VI, Section C, line 19The governing documents, conflict of interest policy, and financial statements are all made available to the public through inspection at an office of the Organization.

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