Livingston County Community Development Corporation
Nonprofit profile at a glance
- EIN
- 431550588
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Chillicothe, MO, USA
- Phone
- 6606464071
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $147,711
- Expenses
- $188,605
- Assets
- $371,199
- Liabilities
- $3,949
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- KIRSTEN MOUTON (VICE-PRESIDENT)
- CHUCK ERKE (PRESIDENT)
People named in this filing
- ED DOUGLAS (TREASURER)
- STEVE FRANKE (DIRECTOR)
- ED MILBANK (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The focus of main street chillicothe is to enhance the vitality of the downtown by preservation of its architectural, commercial, and cultural heritage. These objectives are accomplished through education and community awareness of resources available to property and business owners. Main street chillicothe stimulates economic development through its design, economic restructuring, and organization committees, and promotes chillicothe as an attractive city in which to shop, dine, play, work and live.
What it reported doing in 2024
Preservation and improvement of buildings by helping owners to list buildings on the national registry of historic places, qualify for tax credits, help pay for mainstreet improvements, paint murals, provide flower pots, and dream initiative project
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 92
- Accountability: 76
- Sustainability: 35
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.3%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -27.7%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 1.97; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: -1.5% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: 6.1% per year; rating input score 100; 52nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.3% of spending went to programs
- Governance: 10 of 10 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $180K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.