Form 990 for tax year 2024
Filed by ENTERPRISE GROUP COMMUNITY VENTURES CORPORATION.
Totals
- Total revenue
- $309,005
- Total expenses
- $234,000
- Contributions and grants received
- $309,000
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $5
- Other revenue
- $0
- Total assets, end of year
- $85,162
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $85,162
- Program services expenses (Part IX)
- $234,000
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $234,000
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.
-
1f · All other contributions, gifts and grants
$309,000
-
3 · Investment income
total $5 · excluded $5
Functional expenses
Part IX, the statement of functional expenses.
-
24a · Other expenses: ECONOMIC DEVELOPMENT
total $234,000 · program services $234,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $151 · end of year $15,151
-
2 · Savings and temporary cash investments
beginning of year $10,006 · end of year $10,011
-
3 · Pledges and grants receivable
end of year $60,000
-
27 · Net assets without donor restrictions
beginning of year $9,706 · end of year $9,711
-
28 · Net assets with donor restrictions
beginning of year $451 · end of year $75,451
Mission and programs · 2024
Mission
THE CORPORATION PROMOTES EMPLOYMENT THROUGH MAINTENANCE AND EXPANSION OF EXISITING JOBS AND FOSTERING NEW EMPLOYMENT OPPORTUNITIES. THE CORPORATION ALSO MAINTAINS AND FACILITATES EDUCATIONAL AND COMMUNITY DEVELOPMENT PROGRAMS.
-
EDUCATE THE BUSINESS COMMUNITY VIA AN AGRESSIVE MARKETING CAMPAIGN; ENCOURAGE ECONOMIC, INDUSTRIAL, AND CULTURAL DEVELOPMENT TO CREATE EMPLOYMENT; PROMOTE SUSTAINABLE REUSE AND REDEVELOPMENT OF ABANDONED, CONTAMINATED, OR OBSOLETE INDUSTRIAL PROPERTIES; PROMOTE BUSINESS RETENTION AND EXPANSION; PROVIDE SUPPORT TO MUNICIPAL UNITS TO ACHIEVE THE EG CVC'S OBJECTIVES AND PURPOSES; AND PROMOTE ART AND CULTURAL DEVELOPMENT WITHIN THE COMMUNITY.
Expenses $234,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tim LevyTIM LEVY
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
Mike OvertonMIKE OVERTON
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 0.5
-
Kevin OxleyKEVIN OXLEY
MEMBER AT LA
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel PhelanDANIEL PHELAN
MEMBER AT LA
- Total calculated
- $0
- Hours/week
- 0.5
-
Kent PickettKENT PICKETT
MEMBER AT LA
- Total calculated
- $0
- Hours/week
- 0.5
-
Ric WaltonRIC WALTON
MEMBER AT LA
- Total calculated
- $0
- Hours/week
- 0.5
-
Keith GillenwaterKEITH GILLENWATER
PRESIDENT
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 21 May 2025
- IRS schema version
- 2024v5.0
- Source object
- 202531429349300003
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.