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Nonprofiteer
← HIC INDUSTRIAL CENTER

Form 990 for tax year 2023

Filed by HIC INDUSTRIAL CENTER.

Totals

Total revenue
$137,556
Total expenses
$0
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$137,556
Total assets, end of year
$1,781,112
Total liabilities, end of year
$450,623
Net assets or fund balances, end of year
$1,330,489
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

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.

  • 6a · Gross rents

    real property $198,000

  • 6b · Less rental expenses

    real property $60,444

  • 6c · Rental income or loss

    real property $137,556

  • 6d · Net rental income or loss

    total $137,556 · related or exempt $137,556

Balance sheet

Part X, book values.

  • 10a · Land, buildings and equipment: cost or other basis

    $1,949,317

  • 10b · Land, buildings and equipment: accumulated depreciation

    $891,090

  • 10c · Land, buildings and equipment, net

    beginning of year $1,111,869 · end of year $1,058,227

  • 15 · Other assets

    beginning of year $632,539 · end of year $722,885

  • 17 · Accounts payable and accrued expenses

    beginning of year $44,452 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $507,023 · end of year $450,623

  • 27 · Net assets without donor restrictions

    beginning of year $1,192,933 · end of year $1,330,489

Mission and programs · 2023

Mission

ECONOMIC DEVELOPMENT IN THE METRO REGION OF HUNTINGTON, WEST VIRGINIA

  • TO PROMOTE AND ASSIST IN THE ECONOMIC DEVELOPMENT IN THE CITY OF HUNTINGTON AND CABELL AND WAYNE COUNTIES OF WEST VIRGINIA.

As filed on the 2023 return.

Listed in Part VII

  • David Lieving

    PRESIDENT

    Total calculated
    $120,000
    From this org
    $0
    From related orgs
    $120,000
    Other
    $0
    Hours/week
    2
  • D Spencer Murphy

    BOARD CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • John Stump

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • Scott A Riedel

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Mark Morgan

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Heather Vanater

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Steven G Stewart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Liza Caldwell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Ryan Saxe

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Bill Jones

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Ben Newhouse

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Steve Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jim Fitzwater

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • L Allen Burner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Daniel A Earl

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Matthew M Wagner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Cathy Burns

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Tricia Ball

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Stephen J Golder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Brad D Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Dr John M Maher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Toney Stroud

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Dr Kevin Yingling

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Josh Baker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Cr Neighborgall IV

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Keith Burdette

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Andy Bowen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Chuck Oldaker Jr

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • John Spoor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Geoffrey Shiels

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Andrew Dawson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Chris Tatum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jeff Maddox

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Larry S Castle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Toby Taylor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Nicholas Mayo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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.

Provenance

Return type
form_990
Tax year
2023
Filed
13 November 2024
IRS schema version
2023v5.1
Source object
202413199349301976

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