Totals
- Total revenue
- $809,474
- Total expenses
- $795,204
- Contributions and grants received
- $764,275
- Grants paid
- $0
- Program service revenue
- $17,061
- Investment income
- $28,138
- Other revenue
- $0
- Total assets, end of year
- $2,374,262
- Total liabilities, end of year
- $2,177,458
- Net assets or fund balances, end of year
- $196,804
- Program services expenses (Part IX)
- $754,282
- Management and general expenses
- $40,922
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $754,282
Program services were 94.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$764,275
-
2a · Program service revenue: MISC PROGRAM REVENUE
total $10,800 · excluded $10,800
-
2b · Program service revenue: LOAN FEES
total $6,261 · excluded $6,261
-
2c · Program service revenue: ADMINISTRATIVE SERVICE
-
3 · Investment income
total $28,138 · excluded $28,138
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $71,996 · program services $68,396 · management and general $3,600
-
7 · Other salaries and wages
total $160,771 · program services $152,759 · management and general $8,012
-
9 · Other employee benefits
total $28,627 · program services $27,196 · management and general $1,431
-
10 · Payroll taxes
total $19,153 · program services $18,198 · management and general $955
-
11b · Fees: legal
total $5,595 · management and general $5,595
-
11c · Fees: accounting
total $15,785 · management and general $15,785
-
11g · Fees: other
total $423,206 · program services $423,206
-
12 · Advertising and promotion
total $11,425 · program services $11,425
-
13 · Office expenses
total $17,901 · program services $17,901
-
16 · Occupancy
total $17,793 · program services $17,793
-
17 · Travel
total $15,679 · program services $15,679
-
22 · Depreciation, depletion and amortization
total $200 · program services $200
-
23 · Insurance
total $5,062 · management and general $5,062
-
24a · Other expenses: BANK SERVICE FEES
total $482 · management and general $482
-
24b · Other expenses: DUESMEMBERSHIP
total $1,529 · program services $1,529
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $281,708 · end of year $575,721
-
2 · Savings and temporary cash investments
beginning of year $24,848 · end of year $26,685
-
4 · Accounts receivable
beginning of year $86,646 · end of year $52,532
-
5 · Loans and receivables from officers and key people
beginning of year $285,447 · end of year $254,934
-
7 · Other notes and loans receivable
beginning of year $1,449,917 · end of year $1,418,076
-
9 · Prepaid expenses and deferred charges
beginning of year $5,941 · end of year $6,383
-
10a · Land, buildings and equipment: cost or other basis
$12,029
-
10b · Land, buildings and equipment: accumulated depreciation
$12,029
-
10c · Land, buildings and equipment, net
beginning of year $200
-
14 · Intangible assets
end of year $39,931
-
17 · Accounts payable and accrued expenses
beginning of year $25,410 · end of year $38,020
-
19 · Deferred revenue
beginning of year $161,095 · end of year $189,995
-
23 · Secured mortgages and notes payable
beginning of year $1,765,666 · end of year $1,674,625
-
24 · Unsecured notes and loans payable
end of year $274,818
-
27 · Net assets without donor restrictions
beginning of year $182,536 · end of year $196,804
Mission and programs · 2022
Mission
THE MISSION IS TO ASSIST BUSINESSES BY OFFERING SPECIAL SERVICE, CONSULTATION, AND LOW RATE FINANCING TARGETING BUSINESSES IN SPRINGFIELD AND CLARK CO WITH 1-50 EMPLOYEES. WE HAVE A STATE MANDATE TO PROVIDE SERVICES TO SUPPORT JOB GROWTH AND DEVELOPMENT IN A NINE COUNTY AREA
-
SMALL BUSINESS AND JOBS DEVELOPMENT AND DISBURSEMENT AND COLLECTION OF DEVELOPMENT LOANS
Expenses $754,282 · Revenue $28,139
As filed on the 2022 return.
Listed in Part VII
-
Rob AlexanderROB ALEXANDER
EXECUTIVE DIRECTOR
- Total calculated
- $71,996
- From this org
- $71,996
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lisa StoumileLISA STOUMILE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kent StoneKENT STONE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lori HousemanLORI HOUSEMAN
BAORD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rob PollockROB POLLOCK
BOARD MEMEBER
- Total calculated
- $0
- Hours/week
- 1
-
Tracy YatesTRACY YATES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nathan StuckeyNATHAN STUCKEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom FranzenTOM FRANZEN
EX OFFICIO BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Barry CoutsBARRY COUTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amy DonohoeAMY DONOHOE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kristin DavisKRISTIN DAVIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michelle SweeneyMICHELLE SWEENEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Joe CollinsworthJOE COLLINSWORTH
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Brian NottBRIAN NOTT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202440979349300229
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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