Form 990 for tax year 2023
Filed by GREATER COLUMBUS ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $497,995
- Total expenses
- $490,250
- Contributions and grants received
- $325,090
- Grants paid
- $0
- Program service revenue
- $146,570
- Investment income
- $10,235
- Other revenue
- $16,100
- Total assets, end of year
- $504,298
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $504,298
- Program services expenses (Part IX)
- $382,369
- Management and general expenses
- $107,881
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $382,369
Program services were 78.0% 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
$325,090
-
2a · Program service revenue: CONSULTING INCOME
total $129,500 · related or exempt $129,500
-
2b · Program service revenue: ANNUAL MEETING
total $14,092 · related or exempt $14,092
-
2c · Program service revenue: REIMBURSEMENTS
total $2,978 · related or exempt $2,978
-
3 · Investment income
total $10,235 · excluded $10,235
-
11a · Other revenue: OTHER INCOME
total $16,100 · related or exempt $16,100
-
11e · Other revenue, total
$16,100
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $148,938 · program services $116,172 · management and general $32,766
-
7 · Other salaries and wages
total $97,068 · program services $75,713 · management and general $21,355
-
9 · Other employee benefits
total $46,568 · program services $36,761 · management and general $9,807
-
10 · Payroll taxes
total $28,374 · program services $22,132 · management and general $6,242
-
11b · Fees: legal
total $600 · management and general $600
-
11c · Fees: accounting
total $9,930 · management and general $9,930
-
12 · Advertising and promotion
total $46,500 · program services $46,500
-
13 · Office expenses
total $7,596 · program services $3,833 · management and general $3,763
-
16 · Occupancy
total $53 · program services $42 · management and general $11
-
17 · Travel
total $48,421 · program services $46,968 · management and general $1,453
-
19 · Conferences, conventions and meetings
total $14,639 · program services $9,808 · management and general $4,831
-
22 · Depreciation, depletion and amortization
total $4,536 · program services $3,629 · management and general $907
-
23 · Insurance
total $3,123 · program services $2,498 · management and general $625
-
24a · Other expenses: SPECIAL PROJECTS
total $15,315 · program services $15,315
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $14,241 · management and general $14,241
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $4,283 · program services $2,998 · management and general $1,285
-
24d · Other expenses: CREDIT LOSS EXPENSE
total $65 · program services $0 · management and general $65
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $277,930 · end of year $429,976
-
2 · Savings and temporary cash investments
beginning of year $120,323 · end of year $41,465
-
4 · Accounts receivable
beginning of year $83,537 · end of year $16,530
-
7 · Other notes and loans receivable
beginning of year $3,900 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$23,541
-
10b · Land, buildings and equipment: accumulated depreciation
$7,214
-
10c · Land, buildings and equipment, net
beginning of year $863 · end of year $16,327
-
14 · Intangible assets
beginning of year $10,000 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $496,553 · end of year $504,298
Mission and programs · 2023
Mission
TO BUILD A WORLD-CLASS COMMUNITY BY ENHANCING THE QUALITY OF LIFE, ECONOMIC OPPORTUNITY AND PERSONAL WELL-BEING OF OUR CITIZENS.
-
ADMINISTRATIVE AND MARKETING SERVICES FOR THE RECRUITMENT OF NEW BUSINESSES: EDC WORKS AND ACTS AS THE COORDINATOR OF NEW BUSINESS RECRUITMENT ACTIVITIES FOR THE COMMUNITIES OF BARTHOLOMEW COUNTY, INDIANA. THESE ACTIVITIES INCLUDE ACTIVELY MARKETING AND SEEKING NEW BUSINESSES TO LOCATE IN COLUMBUS, EDINBURGH, AND THE OTHER COMMUNITIES OF BARTHOLOMEW COUNTY, AND PROVIDING SITE LOCATION AND ECONOMIC DEVELOPMENT SERVICES AND ACTIVITIES TO THOSE POTENTIAL NEW BUSINESSES.
Expenses $294,425 · Revenue $125,256
-
ADMINISTRATIVE AND MARKETING SERVICES FOR THE RETENTION AND EXPANSION OF EXISTING PRIMARY BUSINESSES: EDC WORKS AND ACTS AS THE COORDINATOR OF EXISTING BUSINESS RETENTION AND EXPANSION ACTIVITIES FOR THE COMMUNITIES OF BARTHOLOMEW COUNTY, INDIANA. THESE ACTIVITIES INCLUDE ACTIVELY MEETING ONEONONE WITH EXISTING PRIMARY BUSINESSES AND ENCOURAGING BUSINESS RETENTION BY IDENTIFYING AND ADDRESSING ANY IMPEDIMENTS TO INDIVIDUAL BUSINESS OPERATIONS OR BUSINESS NEEDS. SERVICES ALSO INCLDUE ALL NECESSARY ACTIVITIES RELATED TO BUSINESS EXPANSION INCLUDING, BUT NOT LIMITED TO, IDENTIFYING, ASSEMBLING, AND SUBMITTING APPLICABLE EXPANSION SPACE, SECURING STATE AND LOCAL INCENTIVE PACKAGES, AND OVERSEEING THE ENTIRE PROCESS.
Expenses $43,972 · Revenue $18,707
-
INFRASTRUCTURE DEVELOPMENT: EDC WORKS IN A SUPPORTING ROLE TO LOCAL GOVERNMENT TO IDENTIFY NEEDED IMPROVEMENTS, EXPANSIONS, OR NEW INVESTMENTS WITH RESPECT TO ROAD ACCESS, WATER AND SEWER PROJECTS, AND OTHER PROJECTS DEEMED NECESSARY TO SUPPORT EXISTING AND NEW PROSPECTIVE BUSINESSES IN THE COMMUNITY. THIS INCLUDES, BUT IS NOT LIMITED TO, IDENTIFYING RELEVANT PROPERTY FOR ECONOMIC DEVELOPMENT PURPOSES INCLUDING BUSINESS RETENTION, EXPANSION, AND ATTRACTION PROJECTS, AND ADVISING RELEVANT PUBLIC AND PRIVATESECTOR STAKEHOLDERS ON NECESSARY DEVELOPMENT ISSUES.
Expenses $43,972 · Revenue $18,707
As filed on the 2023 return.
Listed in Part VII
-
Jason HesterJASON HESTER
PRESIDENT
- Total calculated
- $148,938
- From this org
- $148,938
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Julie AbedianJULIE ABEDIAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Scott BallardSCOTT BALLARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael ChiadoMICHAEL CHIADO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard ClarkRICHARD CLARK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brad DavisBRAD DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike DewittMIKE DEWITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David DoupDAVID DOUP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kylie FosterKYLIE FOSTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tara JamesTARA JAMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rick JohnsonRICK JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Larry KleinhenzLARRY KLEINHENZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jim LienhoopJIM LIENHOOP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff LogstonJEFF LOGSTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shen MacheelSHEN MACHEEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin McGinnisKEVIN MCGINNIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Courtney MetzgerCOURTNEY METZGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amanda MezaAMANDA MEZA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Frank MillerFRANK MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Matt MillerMATT MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tony MillerTONY MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Scott NewlundSCOTT NEWLUND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Zachary PavlikZACHARY PAVLIK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Paul QuickPAUL QUICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Buck RitzBUCK RITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Katie SackettKATIE SACKETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John SadtlerJOHN SADTLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeanine ScheidlerJEANINE SCHEIDLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nick SegerNICK SEGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff ZikeJEFF ZIKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Steven CombsDR STEVEN COMBS
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cindy FreyCINDY FREY
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Reinhold HillDR REINHOLD HILL
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Nancy LollarDR NANCY LOLLAR
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathy OrenKATHY OREN
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian PayneBRIAN PAYNE
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Jim RobertsDR JIM ROBERTS
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tracy SouzaTRACY SOUZA
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Miranda FoxMIRANDA FOX
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Tom DowdTOM DOWD
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Brittany DieboltBRITTANY DIEBOLT
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff NoltingJEFF NOLTING
SECRETARY
- 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.
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.
-
COLUMBUS AREA CHAMBER OF COMMERCE
501(C)(6) · ENHANCE ECONOMIC ACTIVITY IN THE BARTHOLOMEW COUNTY AREA · IN
Directly controlled by COLUMBUS AREA CHAMBER OF COMMERCE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443189349307324
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