Spoon River Partnership For Economic Development, Srped in Canton, Illinois (IL)

Organization representatives - add corrected or new information about Spoon River Partnership For Economic Development, Srped »

Non-representatives - add comments about Spoon River Partnership For Economic Development, Srped»

Spoon River Partnership For Economic Development, Srped
Employer Identification Number (EIN)050633175
Name of OrganizationSpoon River Partnership For Economic Development
Secondary NameSrped
In Care of NameMark Rothert
Address45 E Side Sq Ste 303, Canton, IL 61520-2673
SubsectionCharitable Organization
Ruling Date09/2006
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2014
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$336,940
Amount of Income$196,045
Form 990 Revenue Amount$196,045
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Urban, Community Economic Development


Non-representatives - add comments:


CAPTCHA

Your IP address 3.208.22.127 will be logged.

Amount of income in 2014: $196,045 (it was $192,298 in 2013)
Spoon River Partnership For Economic Development, Srped: 

 $196,045
Other organizations performing similar types of work: 

 $141,217

Assets in 2014: $336,940 (it was $340,439 in 2013)
Spoon River Partnership For Economic Development, Srped: 

 $336,940
Other organizations performing similar types of work: 

 $121,026

Expenses in 2014: $204,161
This organization: 

 $204,161
Other organizations performing similar types of work: 

 $118,087

Income to expenses ratio in 2014: 1.0
This organization: 

 1.0
Other organizations performing similar types of work: 

 1.6

Grants share in income in 2014: 89.6%
This organization: 

 89.6%
Other organizations performing similar types of work: 

 87.4%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?NoNo
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNo
Did the organization report an amount for other liabilities?NoNo
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoNo
Did the organization obtain separate, independent audited financial statements for the tax year?YesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNo
Was the organization related to any tax-exempt or taxable entity?NoNo
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
2011201220132014
The number reported in Box 3 of Form 109600
The number of Forms W-2G00
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return20
Did the organization file all required federal employment tax returns?YesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNoNo
Has it filed a Form 990-T for this year?NoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNo
Did the organization file Form 8886-T?NoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNo
Did the organization notify the donor of the value of the goods or services provided?NoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNo
Initiation fees and capital contributions$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0
Gross income from members or shareholders$0$0$0$0
Gross income from other sources$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNo
The amount of tax-exempt interest received or accrued during the year$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0
The amount of reserves on hand$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNo
Has it filed a Form 720 to report these payments?NoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$54,202$60,939
Total reportable compensation from related organizations$0$0
Total estimated amount of other compensation from the organization and related organizations$0$0
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
2011201220132014
Total revenue$214,061$182,169$192,298$196,045
Contributions, Gifts, Grants and Other Similar Amounts$198,403$158,757$167,650$175,576
Program Service Revenue$0$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$2,110$953$634$754
Income from investment of tax-exempt bond proceeds$0$0$0$0
Royalties$0$0$0$0
Net rental income$0$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0$0
Net income/loss from fundraising events$0$0$0$0
Net income/loss from gaming activities$0$0$0$0
Net income/loss from sales of inventory$0$0$0$0
Miscellaneous Revenue$13,548$22,459$24,014$19,715
99999$24,014$19,715
All other revenue$0$0
Statement of Functional Expenses
2011201220132014
Total functional expenses$247,926$222,265$178,213$204,161
Grants and other assistance to domestic organizations and domestic governments$500$22,586
Grants and other assistance to domestic individuals$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0
Benefits paid to or for members$0$0
Compensation of current officers, directors, trustees, and key employees$71,688$0$54,202$60,939
Compensation not included above, to disqualified persons$0$0
Other salaries and wages$32,272$14,781$17,356$13,739
Pension plan accruals and contributions$0$0
Other employee benefits$6,340$9,182
Payroll taxes$7,748$8,242$6,505$6,529
Fees for services (non-employees)
Management$0$0
Legal$105$0
Accounting$4,875$5,050
Lobbying$0$0
Professional fundraising services$0$0$0$0
Investment management fees$0$0
Other$0$0
Advertising and promotion$16,706$12,195
Office expenses$9,552$7,244
Information technology$0$0
Royalties$0$0
Occupancy$7,429$7,256
Travel$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0
Conferences, conventions, and meetings$2,702$3,086
Interest$0$0
Payments to affiliates$0$0
Depreciation, depletion, and amortization$0$0
Insurance$3,413$1,621
Other expenses$45,250$51,676
Other expenses$574$600
Other expenses$2,704$2,458
Balance Sheet
2011201220132014
Total assets$361,889$314,260$340,439$336,940
Cash - non-interest-bearing$96,350$117,035
Savings and temporary cash investments$152,354$129,992
Pledges and grants receivable, net$39,975$42,150
Accounts receivable, net$4,234$4,594
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0
Notes and loans receivable, net$47,526$43,169
Inventories for sale or use$0$0
Prepaid expenses and deferred charges$0$0
Land, buildings, and equipment: cost or other basis$0$0
Investments - publicly traded securities$0$0
Investments - other securities$0$0
Investments - program-related$0$0
Intangible assets$0$0
Other assets$0$0
Total liabilities$41,819$34,286$46,380$50,997
Accounts payable and accrued expenses$12,063$12,155
Grants payable$0$0
Deferred revenue$34,317$38,842
Tax-exempt bond liabilities$0$0$0$0
Escrow or custodial account liability$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0
Total net assets or fund balances$320,070$279,974$294,059$285,943
Unrestricted net assets$137,345$170,995
Temporarily restricted net assets$156,714$114,948
Permanently restricted net assets$0$0
Capital stock or trust principal, or current funds$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$982,132
Subtotal Support$982,132
Gifts, grants, contributions, and membership fees received$982,132
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$990,259
Public Support$982,132
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$8,127
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Spoon River Partnership For Economic Development, Srped to others? (optional)
  
Add photo of Spoon River Partnership For Economic Development, Srped (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ventura County Community Development Corporation2231 Sturgis Rd Unit A, Oxnard, CA 93030-7813CA2003-05$5,683,551
2Capitalplus Exchange Corporation100 N Lasalle Street No 1710, Chicago, IL 60602IL2004-02$7,860,918
3World Business Chicago177 N State St Ste 500, Chicago, IL 60601-3611IL2000-08$4,555,351
4The Rebirth Of Englewood Community Development Corporation, Barnes Vincent1912 W 63rd St, Chicago, IL 60636-2112IL1996-08$918,634
5The Lincoln Park Society1601 N Clark St, Chicago, IL 60614-6038IL1997-02$877,852
6Fellowship Educational And Economic Development Corporation4543 S Princeton Ave, Chicago, IL 60609-3620IL2012-05$737,461
7West Side 20001019 S May St, Chicago, IL 60607-4232IL1999-07$379,355
8River East Ventures Inc Nfp1001 N 15th Street, East Saint Louis, IL 62205IL2011-11$317,997
9Spoon River Partnership For Economic Development, Srped45 E Side Sq Ste 303, Canton, IL 61520-2673IL2006-09$196,045
10East St Louis Consortium For Progress Development And700 N 20th Street, East St Louis, IL 62205IL2011-06$188,387
11Rock River Development Partnership124 N WATER STREET PO BOX 4244 NO, Rockford, IL 61107-3960IL2011-02$173,815
12Plainfield Riverfront Foundation15518 S Joliet Rd, Plainfield, IL 60544-8000IL2010-06$160,144
13Moline Community Development Corporation Nfp619 16th St, Moline, IL 61265IL2010-04$135,989
14Downtown Development Corporation Of Peoria820 Sw Adams St, Peoria, IL 61602-1623IL2015-02$113,334
15West Suburban Chamber Of Commerce & Industry Foundation9440 Joliet Road Room/Suite B, Hodgkins, IL 60525-7278IL2001-11$61,140
16South Elgin Economic Development CouncilPo Box 678, South Elgin, IL 60177IL2003-01$22,104
17Renew Dekalb1130 Glidden Ave, Dekalb, IL 60115-4358IL2010-08$18,405
18Community Development Corporation Of The Bloomington-Normal Area200 W College Ave, Normal, IL 61761-2552IL2012-11$1,243
19Urban Development & Support Group Inc20145 Catalpa Ave, Lynwood, IL 60411-6806IL2002-04$749
20Farmington Betterment Association16 N Main Street, Farmington, IL 61531IL1997-02$5
Number of organizations performing similar types of work
Alaska2
Alabama36
Arkansas9
Arizona16
California121
Colorado26
Connecticut22
District of Columbia16
Delaware6
Florida53
Georgia54
Hawaii10
Iowa18
Idaho7
Illinois68
Indiana30
Kansas9
Kentucky18
Louisiana32
Massachusetts22
Maryland45
Maine10
Michigan54
Minnesota10
Missouri35
Mississippi17
Montana9
North Carolina65
North Dakota5
Nebraska6
New Hampshire8
New Jersey38
New Mexico14
Nevada6
New York135
Ohio94
Oklahoma18
Oregon18
Pennsylvania93
Rhode Island2
South Carolina34
South Dakota10
Tennessee36
Texas74
Utah5
Virginia30
Vermont9
Washington29
Wisconsin30
West Virginia14
Wyoming3
International7
Total1,538

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Spoon River Partnership For Economic Development, Srped and has no official or unofficial affiliation with Spoon River Partnership For Economic Development, Srped