Form 990 for tax year 2023
Filed by WYANDOTTE ECONOMIC DEVELOPMENT COUNCIL INC.
Totals
- Total revenue
- $1,047,748
- Total expenses
- $955,036
- Contributions and grants received
- $29,627
- Grants paid
- $0
- Program service revenue
- $1,003,135
- Investment income
- $14,986
- Other revenue
- $0
- Total assets, end of year
- $731,889
- Total liabilities, end of year
- $15,318
- Net assets or fund balances, end of year
- $716,571
- Program services expenses (Part IX)
- $955,036
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $955,036
Program services were 100.0% 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)
$25,000
-
1f · All other contributions, gifts and grants
$4,627
-
2a · Program service revenue: GOVERNMENT FUNDING
total $293,550 · related or exempt $293,550
-
2b · Program service revenue: WORKFORCE SOLUTIONS
total $259,650 · related or exempt $259,650
-
2c · Program service revenue: PRIVATE SECTOR MEMBERSHIPS
total $248,100 · related or exempt $248,100
-
2d · Program service revenue: PUBLIC SECTOR MEMBERSHIPS
total $165,000 · related or exempt $165,000
-
2e · Program service revenue: OTHE PROGRAM INCOME
total $36,835 · related or exempt $36,835
-
3 · Investment income
total $14,986 · excluded $14,986
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $245,570 · program services $245,570
-
7 · Other salaries and wages
total $220,814 · program services $220,814
-
8 · Pension plan contributions
total $10,478 · program services $10,478
-
9 · Other employee benefits
total $32,490 · program services $32,490
-
10 · Payroll taxes
total $17,880 · program services $17,880
-
11c · Fees: accounting
total $14,295 · program services $14,295
-
11g · Fees: other
total $64,370 · program services $64,370
-
12 · Advertising and promotion
total $72,232 · program services $72,232
-
13 · Office expenses
total $19,466 · program services $19,466
-
14 · Information technology
total $27,143 · program services $27,143
-
16 · Occupancy
total $28,632 · program services $28,632
-
17 · Travel
total $7,030 · program services $7,030
-
19 · Conferences, conventions and meetings
total $160,604 · program services $160,604
-
22 · Depreciation, depletion and amortization
total $819 · program services $819
-
23 · Insurance
total $5,922 · program services $5,922
-
24a · Other expenses: DUES & SUBSCRIPTIONS
total $16,836 · program services $16,836
-
24b · Other expenses: PROFESSIONAL DEVELOPMENT
total $8,712 · program services $8,712
-
24c · Other expenses: BANK CHARGES
total $1,743 · program services $1,743
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $377,016 · end of year $38,499
-
2 · Savings and temporary cash investments
beginning of year $275,852 · end of year $692,912
-
10a · Land, buildings and equipment: cost or other basis
$17,281
-
10b · Land, buildings and equipment: accumulated depreciation
$16,803
-
10c · Land, buildings and equipment, net
beginning of year $1,296 · end of year $478
-
17 · Accounts payable and accrued expenses
beginning of year $805 · end of year $318
-
19 · Deferred revenue
beginning of year $29,500 · end of year $15,000
-
27 · Net assets without donor restrictions
beginning of year $623,859 · end of year $716,571
Mission and programs · 2023
Mission
PROMOTE AND STRENGTHEN WYANDOTTE COUNTY'S ECONOMY THROUGH INNOVATIVE APPROACHES TO PROGRAMS, PARTNERSHIPS, AND LEADERSHIP IN INDUSTRIAL, RESIDENTIAL, OFFICE, AND RETAIL MARKETS.
-
WYANDOTTE ECONOMIC DEVELOPMENT COUNCIL (WYEDC) ANNOUNCED 27 PROJECTS WITH A CAPITAL INVESTMENT OF 456 MILLION AND 934 NEW JOBS. THE CAPITAL INVESTMENT IS THE 8TH BEST IN COUNTY HISTORY. THE TEAM SURVEYED 146 COMPANIES AS PART OF ITS BUSINESS RETENTION PROGRAM INDICATING 21% PLAN TO EXPAND WITHIN THE NEXT 12 MONTHS. WYANDOTTE COUNTY HAS THE HIGHEST WAGES PAID IN THE STATE OF KANSAS. MEDIAN HOUSEHOLD INCOME INCREASED TO 57,771 - 61ST IN THE STATE AND UP FROM 87TH IN 2019. WYEDC CONTINUES TO FOCUS ON RAISING HOUSEHOLD INCOME AND CONNECTING RESIDENTS TO HIGH WAGE JOBS THROUGH ITS WORKFORCE SOLUTIONS EFFORTS. THESE ARE PROGRAMS TIED TO EARLY CHILDHOOD EDUCATION, SECOND CHANCE HIRING, LANGUAGE, POST-SECONDARY EDUCATION, AND TRANSPORTATION. WYEDC CONTINUED TO SUPPORT THE EMPOWER WYCO LOAN FUND IN COLLABORATION WITH NETWORK KANSAS WITH LOANS APPROVED TO 7 BUSINESSES TOTALING 105,000. INCREASED FOCUS WAS PLACED ON DEVELOPING CAREER PATHWAYS STUDENT TOURS WITH EACH OF THE HIGH SCHOOLS WITHIN THE COUNTY. THE TOURS CONSISTED OF UP TO 25 STUDENTS ON EACH TOUR VISITING TWO COMPANIES IN THE COUNTY IN THEIR CAREER PATHWAY AND A VISIT TO THE KCK COMMUNITY COLLEGE. THESE TOURS WERE ALSO IN COLLABORATION WITH KANSAS MANUFACTURING SOLUTIONS AND WORKFORCE PARTNERSHIP. ADDITIONALLY, WYEDC PRINTED ITS FIRST MAKING IT IN THE DOTTE MAGAZINE HIGHLIGHTING A NUMBER OF THE COMPANIES AND PARTNERSHIPS SUPPORTING ECONOMIC GROWTH IN WYANDOTTE COUNTY.
Expenses $955,036 · Revenue $1,003,135
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Gregory S KindleGREGORY S KINDLE
PRESIDENT
- Total calculated
- $245,570
- From this org
- $201,453
- From related orgs
- $0
- Other
- $44,117
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,453
- Bonus
- not reported
- Other
- not reported
- Deferred
- $18,231
- Nontaxable benefits
- $25,886
- Filer's total
- $245,570
-
Greg MosierGREG MOSIER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Matt McLaughlinMATT MCLAUGHLIN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Darron AmmannDARRON AMMANN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Tiffany StovallTIFFANY STOVALL
1ST VICE CHA
- Total calculated
- $0
- Hours/week
- 2
-
Bob Milan SrBOB MILAN SR
2ND VICE CHA
- Total calculated
- $0
- Hours/week
- 2
-
Valerie MussettVALERIE MUSSETT
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Carolyn CaiharCAROLYN CAIHAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tyrone GarnerTYRONE GARNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff HarringtonJEFF HARRINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tom BurroughsTOM BURROUGHS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin HendricksonKEVIN HENDRICKSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Curtis PetersenCURTIS PETERSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darcy StewartDARCY STEWART
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Phil ThmasPHIL THMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris VaethCHRIS VAETH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Blake WillhiteBLAKE WILLHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathy Wolfe MooreKATHY WOLFE MOORE
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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
- 15 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202401519349301140
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