Form 990 for tax year 2023
Filed by SOUTH-CENTRAL INDIANA REGIONAL ECONOMIC DEVELOPMENT CORP.
Totals
- Total revenue
- $383,919
- Total expenses
- $302,689
- Contributions and grants received
- $285,449
- Grants paid
- $0
- Program service revenue
- $41,820
- Investment income
- $56,501
- Other revenue
- $149
- Total assets, end of year
- $2,114,221
- Total liabilities, end of year
- $4,075
- Net assets or fund balances, end of year
- $2,110,146
- Program services expenses (Part IX)
- $221,834
- Management and general expenses
- $62,455
- Fundraising expenses
- $18,400
- Program service expenses (Part III)
- $221,834
Program services were 73.3% 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)
$277,069
-
1f · All other contributions, gifts and grants
$8,380
-
2a · Program service revenue: MEMBERSHIP DUES
total $41,400 · related or exempt $41,400
-
2b · Program service revenue: GOLF SCRAMBLE
total $420 · excluded $420
-
3 · Investment income
total $48,630 · excluded $48,630
-
7a · Gross sales of assets other than inventory
other assets $7,871
-
7c · Gain or loss
other assets $7,871
-
7d · Net gain or loss
total $7,871 · excluded $7,871
-
11a · Other revenue: OTHER INCOME
total $149 · excluded $149
-
11e · Other revenue, total
$149
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $129,709 · program services $90,665 · management and general $23,426 · fundraising $15,618
-
8 · Pension plan contributions
total $3,839 · program services $1,919 · management and general $1,152 · fundraising $768
-
10 · Payroll taxes
total $10,066 · program services $5,032 · management and general $3,020 · fundraising $2,014
-
11b · Fees: legal
total $633 · management and general $633
-
11c · Fees: accounting
total $6,378 · management and general $6,378
-
11g · Fees: other
total $1,836 · program services $1,836
-
16 · Occupancy
total $8,962 · management and general $8,962
-
17 · Travel
total $5,091 · program services $5,091
-
19 · Conferences, conventions and meetings
total $5,295 · program services $5,295
-
22 · Depreciation, depletion and amortization
total $1,171 · program services $1,171
-
24a · Other expenses: WEST BADEN PARK PROJECT
total $37,542 · program services $37,542
-
24b · Other expenses: COMMUNITY DEVELOPMENT
total $20,210 · program services $20,210
-
24c · Other expenses: SPECIAL PROJECTS
total $20,000 · program services $20,000
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $13,561 · management and general $13,561
-
24e · All other expenses
total $38,396 · program services $33,073 · management and general $5,323
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $214,293 · end of year $121,816
-
2 · Savings and temporary cash investments
beginning of year $497,852 · end of year $349,036
-
7 · Other notes and loans receivable
beginning of year $79,995 · end of year $62,378
-
10a · Land, buildings and equipment: cost or other basis
$5,820
-
10b · Land, buildings and equipment: accumulated depreciation
$2,138
-
10c · Land, buildings and equipment, net
beginning of year $3,581 · end of year $3,682
-
15 · Other assets
beginning of year $1,237,268 · end of year $1,577,309
-
17 · Accounts payable and accrued expenses
beginning of year $4,073 · end of year $4,075
-
31 · Retained earnings, endowment or other funds
beginning of year $2,028,916 · end of year $2,110,146
Mission and programs · 2023
Mission
TO IMPROVE THE QUALITY OF LIFE OF ORANGE COUNTY CITIZENS THROUGH ACTIVITIES THAT STIMULATE ECONOMIC DEVELOPMENT.
-
BUSINESS AND PRIVATE FUNDING.--RECIEVED IN ORDER TO IMPROVE THE QUALITY OF THE WORKFORCE FOR THE PEOPLE OF ORANGE CO.
Expenses $221,834
-
ORANGE COUNTY EDIT MONEY-RECEIVED FROM ORANGE COUNTY TAX FUNDS FOR THE GOOD OF THE CITIZENS OF ORANGE COUNTY FOR ECONOMIC DEVELOPMENT.
-
TOWN OF ORLEANS-RECEIVED IN ORDER TO IMPROVE THE QUALITY OF THE WORKFORCE FOR THE PEOPLE OF ORANGE COUNTY.
As filed on the 2023 return.
Listed in Part VII
-
Kristal PainterKRISTAL PAINTER
EXECUTIVE DI
- Total calculated
- $49,014
- From this org
- $49,014
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Skylar WhitemanSKYLAR WHITEMAN
EXECUTIVE DI
- Total calculated
- $31,913
- From this org
- $31,913
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Alan BeckALAN BECK
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Cathy CarnesCATHY CARNES
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Randy ClarkRANDY CLARK
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Richard DixonRICHARD DIXON
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Arla FraizerARLA FRAIZER
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Jason GoodmanJASON GOODMAN
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Chad HagerCHAD HAGER
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Jack MenschJACK MENSCH
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Pam MentzPAM MENTZ
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Mitchell MorrisNANCY MITCHELL MORRIS
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Brandy ReamBRANDY REAM
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Russ SageRUSS SAGE
BOARD OF DIR
- Total calculated
- $0
- Hours/week
- 1
-
Ken SchnausKEN SCHNAUS
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1
-
Liz SmithLIZ SMITH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Dave WolfordDAVE WOLFORD
BOARD OF DIR
- 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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
OCEDP INVESTMENTS INC OCEDP INVESTMENTS INC
C CORP · DEVELOPMEN · IN · 100% owned · share of assets $26,884
Directly controlled by OCEDP INVE OCEDP INVESTMENTS INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 September 2024
- IRS schema version
- 2023v5.0
- Source object
- 202442569349300209
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