2012-09-10T09:46:48-05:00 2011-12-31 481108284 IFFT & CO PA 11030 GRANADA LN SUITE 100 OVERLAND PARK KS 66211 990 2011-01-01 481160604 ENTERPRISE CENTER OF JOHNSON COUNTY ENTE 9134382282 8527 BLUEJACKET LENEXA KS 662141656 JOEL WIGGINS 9134382282 2012-08-29 1 MARK W EATON P00556079 9133451120 2011 2016-02-24 21:20:13Z JOEL WIGGINS 8527 BLUEJACKET LENEXA KS 66214 1293931 0 X WWW.ECJC.COM X 1994 KS DESIGNED TO PROVIDE HIGH QUALITY, VALUE-ADDED CONSULTING SERVICES, ADMINISTRATIVE SUPPORT, AND LOW-COST FLEXIBLE FACILITIES TO START-UP AND GROWTH-ORIENTED COMPANIES THAT WILL RESULT IN POSITIVE BUSINESS ACTIVITY AND JOB CREATION IN JOHNSON COUNTY, KANSAS. 15 15 9 55 0 0 991386 889639 425172 397998 8249 5139 4497 1128 1429304 1293904 0 0 0 0 628429 725141 0 0 5522 548114 493369 1176543 1218510 252761 75394 1002204 1061778 90155 74335 912049 987443 DESIGNED TO PROVIDE HIGH QUALITY, VALUE-ADDED CONSULTING SERVICES, ADMINISTRATIVE SUPPORT, AND LOW-COST FLEXIBLE FACILITIES TO START-UP AND GROWTH-ORIENTED COMPANIES THAT WILL RESULT IN POSITIVE BUSINESS ACTIVITY AND JOB CREATION IN JOHNSON COUNTY, KANSAS. 0 0 1121192 397998 TO PROVIDE JOHNSON COUNTY, KS A BUSINESS INCUBATOR PROGRAM TARGETING INDUSTRIES INVOLVED IN THE DEVELOPMENT OF INNOVATIVE TECHNOLOGIES AND OTHER START-UP COMPANIES. 1121192 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 14 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 KS X X JOEL WIGGINS 9134382282 8527 BLUEJACKET LENEXA KS 66214 JIM DODD 1.00 X 0 0 0 JEFF REENE 1.00 X 0 0 0 MIKE BECKLOFF 1.00 X 0 0 0 RUDY BEESE 1.00 X 0 0 0 JOHN BRANDMEYER 1.00 X 0 0 0 KEN CONKLIN 1.00 X 0 0 0 TOM DEBACCO 1.00 X 0 0 0 KATHY DODD 1.00 X 0 0 0 JULIE EDGE 1.00 X 0 0 0 GARY FISH 1.00 X 0 0 0 DAVID FORSEE 1.00 X 0 0 0 SHAWN MCCARRICK 1.00 X 0 0 0 BRIAN ROBY 1.00 X 0 0 0 CHERI STREETER 1.00 X 0 0 0 ED EILERT 1.00 X 0 0 0 JOEL WIGGINS 49.00 X 174695 0 11084 RICK VAUGHN 49.00 X 143191 0 5728 CLARA HEMPHILL 49.00 X 100591 0 8479 418477 0 25291 3 0 1 0 0 698488 191151 11709 889639 INCUBATOR TENANTS FEES 541610 324015 324015 MEMBERSHIP DUES 541610 73983 73983 397998 5166 5166 27 -27 -27 -27 MISCELLANEOUS 900099 1128 1128 1128 1293904 397998 0 6267 443768 396011 44377 3380 198410 177059 19841 1510 3853 3439 385 29 12981 11584 1298 99 66129 59012 6613 504 31770 31770 365 365 10752 10752 29862 29862 60604 57327 3277 261604 261604 24767 24767 26546 26546 19899 19899 13974 13974 MISCELLANEOUS 11296 8723 2573 BAD DEBTS 1930 -750 2680 1218510 1121192 91796 5522 173510 50125 384979 679869 320768 204542 15043 5869 13149 13929 211883 144826 60943 67057 33812 40387 1002204 1061778 61186 34738 13333 23600 15636 15997 90155 74335 X 831200 903149 80849 84294 912049 987443 1002204 1061778 75394 0 X X 0 1 1 X 0 X 876347 1070615 971896 917344 889639 4725841 876347 1070615 971896 917344 889639 4725841 74156 4651685 14483 6623 3612 8249 5166 38133 19425 1872 1300 4497 1128 28222 4792196 2620416 0.97070 0.96380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81659 53089 28570 130224 91737 38487 67057 DEPOSITS - CLIENT SECURITIES 15997 15997 1293904 1218510 75394 75394 1331049 37118 37118 1293931 -27 -27 1293904 1255655 37118 27 37145 1218510 0 1218510 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. TAXABLE INCOME FOR MAAI PASSES THROUGH TO ENTERPRISE CENTER OF JOHNSON COUNTY, INC. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS RECORDED. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. FOR TAX POSITIONS MEETING THE MORE-LIKELY-THAN-NOT THRESHOLD, THE AMOUNT RECOGNIZED IN THE FINANCIAL STATEMENTS IS THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH THE RELEVANT TAXING AUTHORITY. THE ORGANIZATION IS SUBJECT TO INCOME TAX REGULATIONS IN THE U.S. FEDERAL JURISDICTION AND CERTAIN STATE JURISDICTIONS. TAX REGULATIONS WITHIN EACH JURISDICTION ARE SUBJECT TO THE INTERPRETATION OF THE RELATED TAX LAWS AND REGULATIONS AND REQUIRE SIGNIFICANT JUDGMENT TO APPLY. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE APPLICABLE TAX AUTHORITIES FOR THE YEARS BEFORE 2008. IF ANY WERE TO BE INCURRED, THE ORGANIZATION'S POLICY IS TO RECORD PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES AS OPERATING EXPENSES. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET -27. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF ASSET 27. X 0 0 0 0 0 0 0 0 0 JOEL WIGGINS 143695 0 31000 0 0 0 6200 0 4884 0 185779 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH A FORMER ECJC EMPLOYEE WHO IS THE CURRENT EXECUTIVE DIRECTOR OF ANOTHER NONPROFIT AGENCY. SHE MANAGES, ON A PART TIME BASIS, THE OPERATIONS AND AN EMPLOYEE OF THE KANSAS WOMEN'S BUSINESS CENTER WHICH IS A PROGRAM OF ECJC. FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT AND VICE PRESIDENT-FINANCE & ADMINISTRATION REVIEW THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS ANNUAL DISCLOSURE STATEMENTS PREPARED BY OFFICERS, DIRECTORS AND EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THEY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES MAY BE PROVIDED IN PDF FORMAT VIA EMAIL OR HARD COPIES BY MAIL. FORM 990, PART XI, QUESTION 2C: THE PROCESS FOR OVERSEEING THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. MID-AMERICA ANGELS INVESTMENT LLC - DISREGARDED ENTITY 8527 BLUEJACKET LENEXA KS 66214 481160604 MANAGEMENT KS 197 9719