COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: COMMUNITY ECONOMIC DEVELOPMENT COMPANY OF COLORADO (EIN 84-0797208)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-11
IRS object ID: 201231329349302338
Schema version: 2011v1.2
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	2012-05-11T12:00:42-07:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Victor T Damian CPA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 370053	AddressLine1
City	Denver	City
State	CO	State
ZIP Code	80237	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	840797208	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	COMMUNITY ECONOMIC DEVEL COMPANY OF COLO	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	COMM	NameControl
Phone	3038938989	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1175 OSAGE	AddressLine1
City	DENVER	City
State	CO	State
ZIP Code	80204	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	WILLIAM C BACON	Name
Title	Executive Direc	Title
Date Signed	2012-05-11	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	VICTOR T DAMIAN	Name
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	723888	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
All Affiliates Included	false	AllAffiliatesIncluded
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1978	YearFormation
State Legal Domicile	CO	StateLegalDomicile
Activity Or Mission Description	ACQISITION OF FINANCING FOR SMALL BUSINESS IN ORDER TO PROVIDE EMPLOYMENT OPPORTUNITIES IN ORDER TO CREATE A BETTER COMMUNITY	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	9	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Current Year	7080	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	901445	ProgramServiceRevenuePriorYear
Program Service Revenue CY	715464	ProgramServiceRevenueCY
Investment Income Prior Year	1323	InvestmentIncomePriorYear
Investment Income Current Year	1344	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	902768	TotalRevenuePriorYear
Total Revenue Current Year	723888	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	602521	SalariesEtcPriorYear
Salaries Etc Current Year	596499	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	13211	TotalFundrsngExpCurrentYear
Other Expense Prior Year	244397	OtherExpensePriorYear
Other Expenses Current Year	185574	OtherExpensesCurrentYear
Total Expenses Prior Year	846918	TotalExpensesPriorYear
Total Expenses Current Year	782073	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	55850	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-58185	RevenuesLessExpensesCY
Total Assets BOY	1141845	TotalAssetsBOY
Total Assets EOY	883206	TotalAssetsEOY
Total Liabilities BOY	819110	TotalLiabilitiesBOY
Total Liabilities EOY	619542	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	322735	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	263664	NetAssetsOrFundBalancesEOY
Mission Description	ACQISITION OF FINANCING FOR SMALL BUSINESS IN ORDER TO PROVIDE EMPLOYMENT OPPORTUNITIES IN ORDER TO CREATE A BETTER COMMUNITY	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	659998	Expense
Revenue	715464	Revenue
Description	ACQUISITION OF LONG TERM FINANCING FOR SMALL BUSINESS ALLOWS THE BUSINESS COMMUNITY TO CREATE JOBS TO BETTER THE COMMUNITY	Description
Total Program Service Expense	659998	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	true	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
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
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
Transaction Related Entity	false	TransactionRelatedEntity
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
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Employment Tax Returns Filed	false	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Form990-T Filed	false	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Form8886 T Filed	false	Form8886TFiled
Non Deductible Contributions	false	NonDeductibleContributions
Non Deductible Disclosure	false	NonDeductibleDisclosure
Quid Pro Quo Contributions	false	QuidProQuoContributions
Quid Pro Quo Disclosure	false	QuidProQuoDisclosure
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Number Of8282 Filed	0	NumberOf8282Filed
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Form8899 Filed	false	Form8899Filed
Form1098 C Filed	false	Form1098CFiled
Excess Business Holdings	false	ExcessBusinessHoldings
Taxable Distributions	false	TaxableDistributions
Distribution To Donor	false	DistributionToDonor
Filed Lieu1041	false	FiledLieu1041
Licensed More Than One State	false	LicensedMoreThanOneState
Indoor Tanning Services	false	IndoorTanningServices
Form720 Filed	false	Form720Filed
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	9	NumberIndependentVotingMembers
Family Or Business Relationship	true	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	true	MembersOrStockholders
Election Of Board Members	true	ElectionOfBoardMembers
Decisions Subject To Approval	true	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Policies Reference Chapters	false	PoliciesReferenceChapters
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	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Written Policy Or Procedure	false	WrittenPolicyOrProcedure
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	THE COMPANY	NamePerson
Telephone Number	3038938989	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1175 OSAGE	AddressLine1
City	DENVER	City
State	CO	State
ZIP Code	80204	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (3 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
KAY E SHAW
Secretary	40.00	X	74265	0	0
WILLIAM C BACON
Executive Direc	40.00	X	94981	0	0
MARY J HARMONY
Vice President	0.00	X	66401	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	235647	TotalReportableCompFromOrg
Number Individuals GT100 K	0	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
All Other Contributions	7080	AllOtherContributions
Total Contributions	7080	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	ORIGINATION & SERVICE INC	Description
Total Revenue Column	715464	TotalRevenueColumn
Related Or Exempt Function Income	715464	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	715464	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	1344	TotalRevenueColumn
Related Or Exempt Function Income	1344	RelatedOrExemptFunctionIncome

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	0	TotalRevenueColumn

Field	Value	IRS element (for citing)
Total Other Revenue	0	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	723888	TotalRevenueColumn
Related Or Exempt Function Income	716808	RelatedOrExemptFunctionIncome

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	0	Total

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	235647	Total
Program Services	176803	ProgramServices
Management And General	54093	ManagementAndGeneral
Fundraising	4751	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	252321	Total
Program Services	249185	ProgramServices
Management And General	3136	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	0	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	74979	Total
Program Services	60314	ProgramServices
Management And General	11167	ManagementAndGeneral
Fundraising	3498	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	33552	Total
Program Services	26841	ProgramServices
Management And General	5033	ManagementAndGeneral
Fundraising	1678	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	7136	Total
Management And General	7136	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	9474	Total
Program Services	7579	ProgramServices
Management And General	1895	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	8703	Total
Program Services	6963	ProgramServices
Management And General	1306	ManagementAndGeneral
Fundraising	434	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	9122	Total
Program Services	7298	ProgramServices
Management And General	1824	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	0	Total

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	43560	Total
Program Services	34848	ProgramServices
Management And General	8712	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	12190	Total
Program Services	9752	ProgramServices
Management And General	1829	ManagementAndGeneral
Fundraising	609	Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	7507	Total
Program Services	6005	ProgramServices
Management And General	1126	ManagementAndGeneral
Fundraising	376	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	0	Total

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	4469	Total
Program Services	3575	ProgramServices
Management And General	670	ManagementAndGeneral
Fundraising	224	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	7204	Total
Program Services	5763	ProgramServices
Management And General	1080	ManagementAndGeneral
Fundraising	361	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
TELEPHONE	9948	7958	1492	498
REPAIRS	9960	7968	1494	498
LOAN COSTS	30304	30304
EDUCATION/TRAINING	6897	5518	1379
BAD DEBTS	7500	7500

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	11600	Total
Program Services	5824	ProgramServices
Management And General	5492	ManagementAndGeneral
Fundraising	284	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	782073	Total
Program Services	659998	ProgramServices
Management And General	108864	ManagementAndGeneral
Fundraising	13211	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	825706	BOY
EOY	639057	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	0	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	26851	BOY
EOY	41248	EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

Field	Value	IRS element (for citing)
EOY	0	EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
EOY	0	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
EOY	0	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	33515	BOY
EOY	63946	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	48130	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	31224	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	9409	BOY
EOY	16906	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	0	EOY

Investments Program Related InvestmentsProgramRelated

Field	Value	IRS element (for citing)
EOY	0	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
EOY	0	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	246364	BOY
EOY	122049	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1141845	BOY
EOY	883206	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	12827	BOY
EOY	52592	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	806283	BOY
EOY	566950	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	819110	BOY
EOY	619542	EOY

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

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	322735	BOY
EOY	263664	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	322735	BOY
EOY	263664	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1141845	BOY
EOY	883206	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	-58185	ReconcilationRevenueExpenses
Reconcilation Other Changes	-886	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	false	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired
Federal Grant Audit Performed	false	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	10000	CurrentTaxYearMinus4Years
Current Tax Year	7080	CurrentTaxYear
Total	17080	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	890119	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	803268	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	901468	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	901445	CurrentTaxYearMinus1Year
Current Tax Year	715464	CurrentTaxYear
Total	4211764	Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

Field	Value	IRS element (for citing)
Total	0	Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

Field	Value	IRS element (for citing)
Total	0	Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

Field	Value	IRS element (for citing)
Total	0	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	900119	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	803268	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	901468	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	901445	CurrentTaxYearMinus1Year
Current Tax Year	722544	CurrentTaxYear
Total	4228844	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	36718	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	30357	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	86288	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	33652	CurrentTaxYearMinus1Year
Current Tax Year	11306	CurrentTaxYear
Total	198321	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	36718	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	30357	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	86288	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	33652	CurrentTaxYearMinus1Year
Current Tax Year	11306	CurrentTaxYear
Total	198321	Total

Field	Value	IRS element (for citing)
Public Support Total509	4030523	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	36670	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	15735	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	4993	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1323	CurrentTaxYearMinus1Year
Current Tax Year	1344	CurrentTaxYear
Total	60065	Total

Post1975 UBTI Post1975UBTI

Field	Value	IRS element (for citing)
Total	0	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	36670	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	15735	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	4993	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1323	CurrentTaxYearMinus1Year
Current Tax Year	1344	CurrentTaxYear
Total	60065	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Total	0	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Total	0	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	936789	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	819003	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	906461	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	902768	CurrentTaxYearMinus1Year
Current Tax Year	723888	CurrentTaxYear
Total	4288909	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.93980	PublicSupportPercentage509
Prior Year Support Percentage	0.93090	PriorYearSupportPercentage
Investment Income Percentage	0.01400	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.02130	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	48130	OtherCostOrOtherBasis
Depreciation	31224	Depreciation
Book Value	16906	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	16906	TotalOfBookValueLandBuildings

Other Assets OtherAssets (2 entries)

DescriptionDescription	Book ValueBookValue
NOTE RECEIVABLE	18000
FORECLOSED PROPERTY	104049

Field	Value	IRS element (for citing)
Total Book Value Other Assets	122049	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
REAL ESTATE TAX RESERVE	$455,157
PAYROLL TAXES	$7,744
LIABILITY FORECLOSED PROP.	$104,049

Field	Value	IRS element (for citing)
Total Of Amounts	566950	TotalOfAmounts
Total Revenue	723888	TotalRevenue
Total Expenses	782073	TotalExpenses
Excess Or Deficit For Year	-58185	ExcessOrDeficitForYear
Other	-$886	OtherAmount
Total Adjustments	-886	TotalAdjustments
Excess Or Deficit Per FS	-59071	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	723888	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	723888	RevenueSubtotal
Total Revenue Per Form990	723888	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	782073	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	782073	ExpensesSubtotal
Total Expenses Per Form990	782073	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	Part XI, Line 8	Identifier
Return Reference	Part XI, Line 8: Other Changes in Net Assets or Fund Balances	ReturnReference
Explanation	NON DEDUCTIBLE MEALS $ -886 ROUNDING $ -0	Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990, Part VI, Line 19	Form 990, Part VI, Line 19: Other Organization Documents Publicly Available	By mail.
Form 990, Part VI, Line 12c	Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts	This is done by periodic audits by the SBA during the year, and by certified auditor review at year end, and at every board meeting.
Form 990, Part VI, Line 11	Form 990, Part VI, Line 11: Form 990 Review Process	990 is reviewed annually by board of directors.
Form 990, Part VI, Line 7b	Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders	Members are sent a proxy to approve actions of the board of directors.
Form 990, Part VI, Line 7a	Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body	Members govern actions by electing board members and reviewing the annual report.
Form 990, Part VI, Line 6	Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder	The board of directors is made up of volunteers from private industry and financial institutions in accordance with SBA regulations.
Form 990, Part VI, Line 2	Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et	The company rents it's premises from the executive director.