CLINTON BUSINESS PARK DEVLOPMENT CORP: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
CLINTON BUSINESS PARK DEVLOPMENT CORP (EIN 81-0545977)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-03-13
IRS object ID
201500729349300725
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

FieldValueIRS element (for citing)
Return2015-03-13T12:44:30-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN270402452PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WINKEL PARKER & FOSTER CPA PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11301 19TH AVE NWAddressLine1Txt
CityCLINTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP527322434ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN810545977EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CLINTON BUSINESS PARKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCLINBusinessNameControlTxt
Phone5632425702PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1721 S 2ND STREET SUITE 1AddressLine1Txt
CityCLINTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52732ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTOM DETERMANNPersonNm
Person TitleCHAIRPersonTitleTxt
Phone5632425702PhoneNum
Signature2015-03-03SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARY L FOSTER CPAPreparerPersonNm
PTINP00055209PTIN
Phone5632423440PhoneNum
Preparation2015-03-05PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTOM DETERMANNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1721 S 2ND ST STE 1AddressLine1Txt
CityCLINTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52732ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$67,565GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionTO AQUIRE FARMLAND AND DEVELOP IT AS AN INDUSTRIAL PARK.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$11,194TotalGrossUBIAmt
PY Contributions Grants$10,407PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$225,045PYProgramServiceRevenueAmt
CY Program Service Revenue$50,956CYProgramServiceRevenueAmt
PY Investment Income$472PYInvestmentIncomeAmt
CY Investment Income$359CYInvestmentIncomeAmt
PY Other Revenue$5,996PYOtherRevenueAmt
CY Other Revenue$11,194CYOtherRevenueAmt
PY Total Revenue$241,920PYTotalRevenueAmt
CY Total Revenue$62,509CYTotalRevenueAmt
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$78,794PYOtherExpensesAmt
CY Other Expenses$35,980CYOtherExpensesAmt
PY Total Expenses$78,794PYTotalExpensesAmt
CY Total Expenses$35,980CYTotalExpensesAmt
PY Revenues Less Expenses$163,126PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$26,529CYRevenuesLessExpensesAmt
Total Assets BOY$1,413,694TotalAssetsBOYAmt
Total Assets EOY$1,325,223TotalAssetsEOYAmt
Total Liabilities BOY$156,390TotalLiabilitiesBOYAmt
Total Liabilities EOY$41,390TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,257,304NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,283,833NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO AQUIRE FARMLAND AND DEVELOP IT AS AN INDUSTRIAL PARK.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$5,774ExpenseAmt
DescINDUSTRIAL PARK DEVELOPMENT. DEVELOPING LAND TO BE USED AS AN INDUSTRIAL PARK USING FARMLAND.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$30,206ExpenseAmt
DescINDUSTRIAL PARK DEVELOPMENT. DEVELOPING LAND TO BE USED AS AN INDUSTRIAL PARK USING FARMLAND.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$30,206TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$35,980TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
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
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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 PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldIAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCLINTON AREA CHAMBER OF COMMERCEPersonNm
Phone5632425702PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1721 S 2ND ST STE 1AddressLine1Txt
CityCLINTONCityNm
State AbbreviationIAStateAbbreviationCd
ZIP52732ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARK MALLICOAT
CHAIRYes (X)$0$0$0
TOM E HESSELMANN
VICE CHAIRYes (X)$0$0$0
RICH WINKEL
DIRECTORYes (X)$0$0$0
ROBERT HOLESINGER
DIRECTORYes (X)$0$0$0
THOMAS DETERMANN
DIRECTORYes (X)$0$0$0
BOB ALLMANDINGER
DIRECTORYes (X)$0$0$0
JULIE ALLESEE
SECRETARYYes (X)$0$0$0
RON MCGAUVRAN
DIRECTORYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business531390BusinessCd
Total Revenue Column$50,956TotalRevenueColumnAmt
Related Or Exempt Func Income$50,956RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$50,956TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$359TotalRevenueColumnAmt
Exclusion$359ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$16,250RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$5,056RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$11,194RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,194TotalRevenueColumnAmt
Unrelated Business Revenue$11,194UnrelatedBusinessRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$62,509TotalRevenueColumnAmt
Related Or Exempt Func Income$50,956RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$11,194UnrelatedBusinessRevenueAmt
Exclusion$359ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,739TotalAmt
Program Services$4,739ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$680TotalAmt
Program Services$680ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$3,600TotalAmt
Program Services$3,600ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$21,158TotalAmt
Program Services$21,158ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$709TotalAmt
Program Services$709ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
ADMINISTRATIVE EXPENSES$2,500$2,500
MOWING$1,846$1,846
INSURANCE$748$748

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$35,980TotalAmt
Program Services$35,980ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$102,292BOYAmt
EOY$132,566EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$233,272BOYAmt
EOY$102,651EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,110,137LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$20,131LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,078,130BOYAmt
EOY$1,090,006EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,413,694BOYAmt
EOY$1,325,223EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,390BOYAmt
EOY$6,390EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$150,000BOYAmt
EOY$35,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$156,390BOYAmt
EOY$41,390EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$941,710BOYAmt
EOY$968,239EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$315,594BOYAmt
EOY$315,594EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,257,304BOYAmt
EOY$1,283,833EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,413,694BOYAmt
EOY$1,325,223EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$26,529ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,059,425OtherCostOrOtherBasisAmt
Book Value$1,059,425BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$50,712OtherCostOrOtherBasisAmt
Depreciation$20,131DepreciationAmt
Book Value$30,581BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,090,006TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLAND CONTRACT LIAB.Desc
Amt$35,000Amt
FieldValueIRS element (for citing)
Total Liability$35,000TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DINDUSTRIAL PARK DEVELOPMENT. DEVELOPING LAND TO BE USED AS AN INDUSTRIAL PARK USING FARMLAND.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF THE RETURN IS FORWARDED TO ALL BOARD MEMBERS BEFORE SUBMITTING.
FORM 990, PAGE 6, PART VI, LINE 19THE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO ANY BOARD MEMBER.
FORM 990, PART IX, LINE 11GLAND COSTS 21,158 0 0

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