Skip to content
Nonprofiteer
← WARREN COUNTY LOCAL ECONOMIC DEVELOPMENT ORGANIZATION INC

Form 990 for tax year 2023

Filed by WARREN COUNTY LOCAL ECONOMIC DEVELOPMENT ORGANIZATION INC.

Totals

Total revenue
$318,950
Total expenses
$296,523
Contributions and grants received
$313,234
Grants paid
$18,500
Program service revenue
$0
Investment income
$5,716
Other revenue
$0
Total assets, end of year
$513,126
Total liabilities, end of year
$2,502
Net assets or fund balances, end of year
$510,624
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 1e · Government grants (contributions)

    $305,734

  • 1f · All other contributions, gifts and grants

    $7,500

  • 3 · Investment income

    total $5,716 · excluded $5,716

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $18,500

  • 5 · Compensation of officers, directors and key employees

    total $90,908

  • 7 · Other salaries and wages

    total $8,693

  • 10 · Payroll taxes

    total $8,354

  • 11b · Fees: legal

    total $126,603

  • 11c · Fees: accounting

    total $7,719

  • 12 · Advertising and promotion

    total $3,249

  • 13 · Office expenses

    total $4,586

  • 14 · Information technology

    total $14,564

  • 16 · Occupancy

    total $5,463

  • 17 · Travel

    total $3,499

  • 19 · Conferences, conventions and meetings

    total $681

  • 23 · Insurance

    total $2,437

  • 24a · Other expenses: MEALS & ENTERTAINMENT

    total $1,269

  • 24b · Other expenses: ROUNDING

    total -$2

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,078 · end of year $512

  • 2 · Savings and temporary cash investments

    beginning of year $473,179 · end of year $502,525

  • 4 · Accounts receivable

    beginning of year $3,470 · end of year $10,089

  • 17 · Accounts payable and accrued expenses

    end of year $2,502

  • 24 · Unsecured notes and loans payable

    beginning of year $3,470

  • 27 · Net assets without donor restrictions

    beginning of year $487,257 · end of year $348,728

  • 28 · Net assets with donor restrictions

    end of year $161,896

Mission and programs · 2023

Mission

PROMOTE BUSINESS IN WARREN COUNTY INCLUDING WORKFORCE DEVELOPMENT AND PROGRESSIVE LOCAL DEVELOPMENT AND PROVIDE LOW-INTEREST LOANS FOR SMALL BUSINESS SUPPORT.

  • PROVIDE CENTRALIZED COORDINATION OF BUSINESS AND EXPAND INFRASTRUCTURE FOR THE COUNTY. ATTEND AND HOST MEETINGS WITH LOCAL, REGIONAL, AND STATE ORGANIZATIONS. ADMINISTER REVOLVING LOAN PROGRAM FOR SMALL BUSINESSES.

As filed on the 2023 return.

Listed in Part VII

  • Ben Dispennett

    FORMER EXECU

    Total calculated
    $90,908
    From this org
    $90,908
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Jane Craigin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Dan Duchemin

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1.5

  • Charlie Dunn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Kaity Eberhardt

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1.5

  • John Hetrick

    TREASURER

    Total calculated
    $0
    Hours/week
    1.5

  • Doug Hubner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Dave Serie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Kara Dewlen

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    40

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
23 September 2024
IRS schema version
2023v5.0
Source object
202432679349301253

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.