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Cresco Industrial Development Corporation

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Summary charts: organization finances over time

Revenue
$32k (2024)

Expenses
$24k (2024)

Total Assets
$775k (2024)

Total Liabilities
$250k (2024)

Source: Form 990 tax filings from 2012 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending March
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,043
Expenses
$24,045
Net Income
$7,998
Net Assets
$525,409
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,950
40.4%
Investment Income $19,093
59.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $775,268
Total Liabilities $249,859
Net Assets $525,409
Compensation
Key Employees and Officers Compensation Related Other
Mark Cuvelier (President) $0 $0 $0
Jerome Waterbeck (Past President) $0 $0 $0
Charles Malek (1 St Vice President) $0 $0 $0
Derek Lee (2 Nd Vice President) $0 $0 $0
J Scott Thomson (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,659
Expenses
$18,091
Net Income
$14,568
Net Assets
$517,411
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $17,100
52.4%
Investment Income $15,559
47.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $781,608
Total Liabilities $264,197
Net Assets $517,411
Compensation
Key Employees and Officers Compensation Related Other
Mark Cuvelier (President) $0 $0 $0
Jerome Waterbeck (Past President) $0 $0 $0
Charles Malek (1 St Vice President) $0 $0 $0
Derek Lee (2 Nd Vice President) $0 $0 $0
J Scott Thomson (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending March
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,547
Expenses
$10,668
Net Income
$13,879
Net Assets
$502,843
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $7,300
29.7%
Investment Income $17,247
70.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $781,236
Total Liabilities $278,393
Net Assets $502,843
Compensation
Key Employees and Officers Compensation Related Other
Andy Ludeking (Past President) $0 $0 $0
Jerome Waterbeck (President) $0 $0 $0
Mark Cuvelier (1 St Vice President) $0 $0 $0
Jscott Thomson (Treasurer) $0 $0 $0
Charles Malek (2 Nd Vice President) $0 $0 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,084
Expenses
$17,510
Net Income
$11,574
Net Assets
$488,965
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,200
41.9%
Investment Income $16,884
58.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $7,000
40.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $781,413
Total Liabilities $292,448
Net Assets $488,965

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,949
Expenses
$19,424
Net Income
$13,525
Net Assets
$477,391
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,100
36.7%
Investment Income $20,849
63.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $7,000
36.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $783,756
Total Liabilities $306,365
Net Assets $477,391

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$31,960
Expenses
$18,206
Net Income
$13,754
Net Assets
$462,378
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,400
38.8%
Investment Income $19,560
61.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,000
33.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $782,521
Total Liabilities $320,143
Net Assets $462,378

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$27,801
Expenses
$23,385
Net Income
$4,416
Net Assets
$447,649
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,825
10.2%
Program Services $12,000
43.2%
Investment Income $12,976
46.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,000
25.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $781,434
Total Liabilities $333,785
Net Assets $447,649

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,059
Expenses
$25,018
Net Income
$41
Net Assets
$443,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $100
0.4%
Program Services $12,000
47.9%
Investment Income $12,959
51.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,000
24.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $790,525
Total Liabilities $347,292
Net Assets $443,233

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$26,012
Expenses
$13,555
Net Income
$12,457
Net Assets
$440,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $100
0.4%
Program Services $12,000
46.1%
Investment Income $13,912
53.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,000
44.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $801,215
Total Liabilities $360,666
Net Assets $440,549

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$34,927
Expenses
$16,359
Net Income
$18,568
Net Assets
$426,637
Notable Sources of Revenue Percent of Total Revenue
Contributions $200
0.6%
Program Services $12,000
34.4%
Investment Income $22,727
65.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $6,000
36.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $800,544
Total Liabilities $373,907
Net Assets $426,637

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$43,217
Expenses
$16,467
Net Income
$26,750
Net Assets
$408,069
Notable Sources of Revenue Percent of Total Revenue
Contributions $300
0.7%
Program Services $16,000
37.0%
Investment Income $26,917
62.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,000
36.4%
Assets/Debt
Total Assets $795,085
Total Liabilities $387,016
Net Assets $408,069

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,482
Expenses
$15,925
Net Income
$20,557
Net Assets
$426,984
Notable Sources of Revenue Percent of Total Revenue
Contributions $500
1.4%
Program Services $8,000
21.9%
Investment Income $27,982
76.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,000
37.7%
Assets/Debt
Total Assets $781,141
Total Liabilities $354,157
Net Assets $426,984

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,141
Expenses
$10,899
Net Income
$14,242
Net Assets
$376,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $200
0.8%
Program Services $12,000
47.7%
Investment Income $12,941
51.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,000
55.1%
Assets/Debt
Total Assets $737,818
Total Liabilities $361,000
Net Assets $376,818

Document Links

Fiscal Year Ending March
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending March
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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