Form 990 for tax year 2023
Filed by WAKULLA COUNTY ECONOMIC DEVELOPMENT COUNCIL INC.
Totals
- Total revenue
- $118,325
- Total expenses
- $125,671
- Contributions and grants received
- $118,319
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $6
- Other revenue
- $0
- Total assets, end of year
- $76,979
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $76,979
- Program services expenses (Part IX)
- $109,490
- Management and general expenses
- $16,181
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $109,490
Program services were 87.1% 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.
-
1b · Membership dues
$4,350
-
1e · Government grants (contributions)
$2,044
-
1f · All other contributions, gifts and grants
$111,925
-
3 · Investment income
total $6 · related or exempt $6
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $9,300 · management and general $9,300
-
11g · Fees: other
total $90,053 · program services $90,051 · management and general $2
-
12 · Advertising and promotion
total $18,030 · program services $18,030
-
13 · Office expenses
total $1,409 · program services $1,409
-
19 · Conferences, conventions and meetings
total $5,598 · management and general $5,598
-
23 · Insurance
total $1,281 · management and general $1,281
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $49,495 · end of year $41,979
-
2 · Savings and temporary cash investments
beginning of year $35,000 · end of year $35,000
-
17 · Accounts payable and accrued expenses
beginning of year $170
-
27 · Net assets without donor restrictions
beginning of year $64,325 · end of year $76,979
-
28 · Net assets with donor restrictions
beginning of year $20,000
Mission and programs · 2023
Mission
FACILITATE SUSTAINABLE ECONOMIC DEVELOPMENT AND FURTHER ASSIST BUSINESS AND COMMERICAL INTEREST BY LEVERAGING WAKULLA COUNTY'S EXISTING AND POTENTIAL RESOURCES, WHICH SUPPORT BUSINESS CREATION, ATTRACTION, AND EXPANSION. TO PROTECT AND PROMOTE WAKULLA COUNTY'S UNIQUE NATURAL RESOURCES AND QUALITY OF LIFE. INCREASE THE NUMBER AND QUALITY OF DEVELOPABLE BUSINESS SITES IN WAKULLA COUNTY. PREPARE AND SUPPORT THE WORKFORCE TO MEET AND FILL CURRENT AND NEW JOB OPPORTUNITES. MARKET WAKULLA COUNTY GLOBALLY TO BUSINESSES AND VISITORS. SUPPORT CIVIC AND GOVERNMENTAL ORGANIZATIONS TO ENHANCE WAKULLA COUNTY'S ECONOMIC WELL-BEING. POSITION WAKULLA COUNTY EDC TO BE A LEADING VOICE FOR ECONOMIC DEVELOPMENT.
-
THE EDC IS IN CONTRACT WITH WAKULLA COUNTY TO EMPLOY TWO EDC COORDINATORS VIA CONTRACT LABOR. MONEY WAS COLLECTED FROM WAKULLA COUNTY BOCC ALONG WITH LOCAL BUSINESSES TO FUND THE COORDITORS AND THEIR TASK. A COORDINATOR COMMITTEE WAS CREATED TO MANAGE THE ROLES AND FUNDING OF THESE COORDINATORS. THE COORDINATORS HELP MARKET AND PROMOTE WAKULLA COUNTY TO INDUSTRIES AND BUSINESSES WORLD WIDE LOOKING TO RELOCATE. THE COORDINATOR COMMITTEE ADVISES THE COORDINATORS ON THE NEEDS FOR WAKULLA COUNTY TO HELP THEM CONNECT WITH LOCAL BUSINESSES TO SUSTAIN AND GROW OUR LOCAL ECONOMY. MONEY WAS RECEIVED FROM CAREER SOURCE GRANT AND WAS USED TO HELP PAY FOR THE MARKETING COST THE COORDINATORS USED TO ADVERTISE WAKULLA COUNTIES COMMERCIAL LAND TO THE WORLD TO GROW THE NUMBER OF JOBS AVAILABLE IN WAKULLA COUNTY. GRANT WAS RECEIVED FROM DUKE ENERGY TO HELP PROVIDE GAS UTILITY TO THE INDUSTRIAL PARK OF WAKULLA COUNTY.
Expenses $109,490
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Shelly BellSHELLY BELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Walt DixonWALT DIXON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David EdwardsDAVID EDWARDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Tim JordanTIM JORDAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Worth McArtherWORTH MCARTHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim McShaneJIM MCSHANE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Quincee MessersmithQUINCEE MESSERSMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nirij PatelNIRIJ PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris RussellCHRIS RUSSELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Caroline SmithCAROLINE SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mary SwopeMARY SWOPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Albert WinnALBERT WINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven CushmanSTEVEN CUSHMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Amy GeigerAMY GEIGER
AT LARGE SEA
- Total calculated
- $0
- Hours/week
- 1
-
Jessica S RevellJESSICA S REVELL
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
John ShuffJOHN SHUFF
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Kevin VaughnKEVIN VAUGHN
VICE PRESIDE
- 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
- 2023
- Filed
- 12 February 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510519349301416
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