Form 990 for tax year 2023
Filed by WABASH COUNTY BUSINESS ALLIANCE INC.
Totals
- Total revenue
- $829,572
- Total expenses
- $861,126
- Contributions and grants received
- $362,751
- Grants paid
- $0
- Program service revenue
- $453,342
- Investment income
- $1,295
- Other revenue
- $12,184
- Total assets, end of year
- $236,957
- Total liabilities, end of year
- $84,184
- Net assets or fund balances, end of year
- $152,773
- Program services expenses (Part IX)
- $640,934
- Management and general expenses
- $220,192
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $640,934
Program services were 74.4% 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.
-
1d · Related organizations
$190,214
-
1e · Government grants (contributions)
$75,000
-
1f · All other contributions, gifts and grants
$97,537
-
2a · Program service revenue: SERVICE FEE INCOME
total $205,000 · related or exempt $205,000
-
2b · Program service revenue: MEMBERSHIP DUES
total $134,428 · related or exempt $134,428
-
2c · Program service revenue: ANNUAL MEETING
total $35,700 · related or exempt $35,700
-
2d · Program service revenue: LEADERSHIP DEVELOPMENT
total $28,225 · related or exempt $28,225
-
2e · Program service revenue: AGRICULTURAL
total $10,817 · related or exempt $10,817
-
2f · All other program service revenue
total $39,172 · related or exempt $39,172
-
3 · Investment income
total $1,295 · excluded $1,295
-
8a · Fundraising events: gross income
$16,115
-
8b · Fundraising events: direct expenses
$4,681
-
8c · Net income from fundraising events
total $11,434 · excluded $11,434
-
11a · Other revenue: MISC. REVENUE
total $750 · excluded $750
-
11e · Other revenue, total
$750
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $335,596 · program services $236,262 · management and general $99,334
-
10 · Payroll taxes
total $26,514 · program services $18,845 · management and general $7,669
-
11b · Fees: legal
total $220 · management and general $220
-
11c · Fees: accounting
total $35,633 · management and general $35,633
-
11g · Fees: other
total $160 · management and general $160
-
12 · Advertising and promotion
total $9,575 · program services $9,575
-
13 · Office expenses
total $34,660 · program services $15,868 · management and general $18,792
-
16 · Occupancy
total $17,645 · management and general $17,645
-
19 · Conferences, conventions and meetings
total $73,327 · program services $59,951 · management and general $13,376
-
22 · Depreciation, depletion and amortization
total $2,300 · management and general $2,300
-
23 · Insurance
total $6,354 · management and general $6,354
-
24a · Other expenses: CAPITAL CAMPAIGN PROJECTS
total $172,810 · program services $172,810
-
24b · Other expenses: IMAGINE ONE85 EXPENSES
total $77,778 · program services $77,778
-
24c · Other expenses: GRANT EXPENSES
total $19,575 · program services $19,575
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $18,617 · program services $17,198 · management and general $1,419
-
24e · All other expenses
total $30,362 · program services $13,072 · management and general $17,290
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $205,322 · end of year $192,099
-
2 · Savings and temporary cash investments
beginning of year $37,542 · end of year $37,910
-
7 · Other notes and loans receivable
beginning of year $8,505 · end of year $216
-
10a · Land, buildings and equipment: cost or other basis
$22,944
-
10b · Land, buildings and equipment: accumulated depreciation
$16,212
-
10c · Land, buildings and equipment, net
beginning of year $9,032 · end of year $6,732
-
17 · Accounts payable and accrued expenses
beginning of year $76,074 · end of year $84,184
-
27 · Net assets without donor restrictions
beginning of year $58,330 · end of year $2,382
-
28 · Net assets with donor restrictions
beginning of year $125,997 · end of year $150,391
Mission and programs · 2023
Mission
TOGETHER, GROWING A PROSPEROUS WABASH COUNTY.
-
ANNUAL MEETING - TO REPORT ON ACCOMPLISHMENTS OF THE PAST YEAR AND SET GOALS FOR THE COMING YEAR; ALSO, TO PRESENT INCOMING AND OUTGOING OFFICERS.
Expenses $14,199 · Revenue $35,700
-
TO PROMOTE BUSINESS IN WABASH COUNTY, INDIANA THROUGH COMMUNITY EVENTS, PROFESSIONAL GROUPS, AND PROGRAMS, WHICH INCLUDES SEMINARS, BUSINESS BEFORE/AFTER HOURS, AGRICULTURE, HONOR STUDENT LUNCHEON, LEADERSHIP DEVELOPMENT, HOUSING PROJECT, IMAGINE ONE85, AND TALENT ATTRACTION.
Expenses $453,925 · Revenue $417,642
-
CAPITAL CAMPAIGN PROJECTS: ENTREPRENEURSHIP, BUSINESS DEVELOPMENT, WORKFORCE, AND LIVEABILITY.
Expenses $172,810
As filed on the 2023 return.
Listed in Part VII
-
KEITH GILLENWATER 11 - 121623
CEO/PRES
- Total calculated
- $164,600
- From this org
- $164,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $164,600
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $164,600
-
TENILLE ZARTMAN
CEO/PRES
- Total calculated
- $71,043
- From this org
- $71,043
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
EMILY BOARDMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
MARILYN CUSTER-MITCHELL
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
LISA GILMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PATTY GRANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
HOWARD HALDERMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BRIAN HAUPERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAN KROUSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GARY LARSON
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
DOUG LEHMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SCOTT LONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KRISTI LUNDQUIST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TOD MINNICH
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
ADAM PENROD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PATRICK SULLIVAN
DIRECTOR
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
WABASH COUNTY BUSINESS ALLIANCE FOUNDATION INC
501C3 · CHARITABLE · IN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 November 2024
- IRS schema version
- 2023v5.0
- Source object
- 202403189349301560
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