Form 990 for tax year 2023
Filed by CARROLL COUNTY ECONOMIC DEVELOPMENT.
Totals
- Total revenue
- $330,816
- Total expenses
- $1,024,893
- Contributions and grants received
- $137,420
- Grants paid
- $0
- Program service revenue
- $78,500
- Investment income
- $110,009
- Other revenue
- $4,887
- Total assets, end of year
- $5,397,838
- Total liabilities, end of year
- $225,995
- Net assets or fund balances, end of year
- $5,171,843
- Program services expenses (Part IX)
- $834,299
- Management and general expenses
- $141,846
- Fundraising expenses
- $48,748
- Program service expenses (Part III)
- $834,299
Program services were 81.4% 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.
-
1f · All other contributions, gifts and grants
$137,420
-
2a · Program service revenue: Burson Ctr Svc, phone fee
-
2b · Program service revenue: Management Fees
total $60,000 · related or exempt $60,000
-
2c · Program service revenue: Other program service fee
total $18,500 · related or exempt $18,500
-
2d · Program service revenue: PDA admin fee
-
3 · Investment income
total $110,009 · related or exempt $110,009
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Miscellaneous Income
total $4,887 · related or exempt $4,887
-
11e · Other revenue, total
$4,887
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $414,696 · program services $331,758 · management and general $41,469 · fundraising $41,469
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $136,604 · program services $132,141 · management and general $4,463
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $41,065 · program services $36,945 · management and general $2,464 · fundraising $1,656
-
10 · Payroll taxes
total $36,035 · program services $30,468 · management and general $2,944 · fundraising $2,623
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $42,472 · program services $19,736 · management and general $19,736 · fundraising $3,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $64,191 · program services $34,565 · management and general $29,626
-
12 · Advertising and promotion
total $38,629 · program services $11,657 · management and general $26,972
-
13 · Office expenses
total $7,796 · program services $7,016 · management and general $780
-
14 · Information technology
total $14,352 · program services $12,917 · management and general $1,435
-
15 · Royalties
total $0
-
16 · Occupancy
total $56,589 · program services $50,930 · management and general $5,659
-
17 · Travel
total $13,191 · program services $11,872 · management and general $1,319
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $9,517 · program services $8,565 · management and general $952
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $11,768 · program services $10,592 · management and general $1,176
-
23 · Insurance
total $3,954 · program services $3,559 · management and general $395
-
24a · Other expenses: program expense
total $117,405 · program services $117,405
-
24b · Other expenses: dues & subscriptions
total $8,531 · program services $7,678 · management and general $853
-
24c · Other expenses: Gifts & contributions
total $5,284 · program services $3,963 · management and general $1,321
-
24d · Other expenses: OTHER EXPENSES
total $2,548 · program services $2,293 · management and general $255
-
24e · All other expenses
total $266 · program services $239 · management and general $27
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,006,240 · end of year $514,191
-
2 · Savings and temporary cash investments
beginning of year $1,508,834 · end of year $2,000,490
-
3 · Pledges and grants receivable
beginning of year $3,234,160 · end of year $2,579,196
-
4 · Accounts receivable
beginning of year $27,529 · end of year $44,966
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $6,234 · end of year $5,880
-
10a · Land, buildings and equipment: cost or other basis
$220,241
-
10b · Land, buildings and equipment: accumulated depreciation
$157,917
-
10c · Land, buildings and equipment, net
beginning of year $70,248 · end of year $62,324
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $153,334 · end of year $190,791
-
17 · Accounts payable and accrued expenses
beginning of year $7,153 · end of year $72,818
-
19 · Deferred revenue
end of year $16,600
-
25 · Other liabilities
beginning of year $153,334 · end of year $136,577
-
27 · Net assets without donor restrictions
beginning of year $2,611,933 · end of year $2,592,647
-
28 · Net assets with donor restrictions
beginning of year $3,234,159 · end of year $2,579,196
Mission and programs · 2023
Mission
TO CREATE A STRONGER ECONOMY, TO ENHANCE THE OVERALL QUALITY OF LIFE, TO ENHANCE THE EDUCATION LEVEL OF the WORKFORCE and TO DEVELOP STRONG COMMUNITY LEADERSHIP AND EFFECTIVE GOVERNMENT in Carroll County, Georgia.
-
4 new companies, 4 RFIs, and 2 existing industry expansions. Provided extensive support services to Existing Industry regarding upcoming expansions through existing industry round-tables. Provided economic development and administrative support services to the Development Authority of Carroll County, the Carrollton Payroll Development Authority, and the Villa Rica Development Authority
Expenses $333,720
-
Continued the retail and amenities program to attract and recruit new restaurants and retail options to Carroll County. Engaged with ICSC for support and knowledge on future retail recruitment. Conducted several meetings with a targeted audience to identify retail needs in Carroll County.
Expenses $125,145
-
Provided personnel management and administrative services for the Carroll County Chamber of Commerce and its staff for 2023. The Chamber membership as of 12/31/2023 was 601 members.
Expenses $125,145
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Karen Handel
exec committee
- Total calculated
- $237,071
- From this org
- $214,711
- From related orgs
- $0
- Other
- $22,360
- Hours/week
- 30
Schedule J breakdown matched by us
- Base
- $211,711
- Bonus
- not reported
- Other
- $3,000
- Deferred
- $13,482
- Nontaxable benefits
- $8,878
- Filer's total
- $237,071
-
Brian Dill
Director
- Total calculated
- $177,625
- From this org
- $151,083
- From related orgs
- $0
- Other
- $26,542
- Hours/week
- 30
Schedule J breakdown matched by us
- Base
- $145,833
- Bonus
- not reported
- Other
- $5,250
- Deferred
- not reported
- Nontaxable benefits
- $26,542
- Filer's total
- $177,625
-
Betty Cason
Director
- Total calculated
- $0
- Hours/week
- 1
-
Anna Warfel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Bill StoneBILL STONE
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Ben Butler
Exec Committee
- Total calculated
- $0
- Hours/week
- 1
-
Michelle Morgan
Director
- Total calculated
- $0
- Hours/week
- 1
-
tim warren
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Gil McDougal
Director
- Total calculated
- $0
- Hours/week
- 1
-
Loy HowardLOY HOWARD
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Jim Gill
exec committee
- Total calculated
- $0
- Hours/week
- 1
-
David Price
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ben Garrett
exec committee
- Total calculated
- $0
- Hours/week
- 1
-
Patric Harris
Director
- Total calculated
- $0
- Hours/week
- 1
-
John Mount
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steve Adams
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kirby Butler
Director
- Total calculated
- $0
- Hours/week
- 1
-
Russell Floyd
Director
- Total calculated
- $0
- Hours/week
- 1
-
Norman Adkins
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lynda Bingham
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mark Albertus
Director
- Total calculated
- $0
- Hours/week
- 1
-
Scott Cowart
Director
- Total calculated
- $0
- Hours/week
- 1
-
Larry Earle
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jay Gill
Director
- Total calculated
- $0
- Hours/week
- 1
-
Natalie Howard
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael Johnson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ronnie Jordan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brendan Kelly
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Lee
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sharon Stanford
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tim Martin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gary Miller
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steve Minor
Attorney
- Total calculated
- $0
- Hours/week
- 1
-
Julie Post
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jill Pierce
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Brooks
Director
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Housing allowance or residence for personal use
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 1a: Relevant information in regards to selections on 1a.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433199349301883
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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