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Nonprofiteer
← ENTERPRISE GROUP COMMUNITY VENTURES CORPORATION

Form 990 for tax year 2022

Filed by ENTERPRISE GROUP COMMUNITY VENTURES CORPORATION.

Totals

Total revenue
$218,560
Total expenses
$241,441
Contributions and grants received
$218,550
Grants paid
$0
Program service revenue
$0
Investment income
$10
Other revenue
$0
Total assets, end of year
$21,329
Total liabilities, end of year
$10,000
Net assets or fund balances, end of year
$11,329
Program services expenses (Part IX)
$241,441
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$241,441

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

    $218,550

  • 3 · Investment income

    total $10 · excluded $10

Functional expenses

Part IX, the statement of functional expenses.

  • 24a · Other expenses: ECONOMIC DEVELOPMENT

    total $212,033 · program services $212,033

  • 24b · Other expenses: EARLY/MIDDLE COLLEGE PROG

    total $28,316 · program services $28,316

  • 24c · Other expenses: OTHER PROGRAM EXPENSES

    total $1,092 · program services $1,092

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,214 · end of year $6,318

  • 2 · Savings and temporary cash investments

    beginning of year $25,047 · end of year $10,011

  • 3 · Pledges and grants receivable

    end of year $5,000

  • 4 · Accounts receivable

    beginning of year $423

  • 17 · Accounts payable and accrued expenses

    beginning of year $474 · end of year $10,000

  • 27 · Net assets without donor restrictions

    beginning of year $11,461 · end of year $11,329

  • 28 · Net assets with donor restrictions

    beginning of year $22,749

Mission and programs · 2022

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 $213,125

  • FACILITATE THE JACKSON AREA COLLEGE AND CAREER CONNECTION EARLY/MIDDLE COLLEGE PROGRAM WHICH PARTNERS WITH LOCAL COLLEGES, BUSINESSES, AND HIGH SCHOOLS TO PROVIDE TUITION AND MATERIALS FOR JACKSON COUNTY HIGH SCHOOL STUDENTS TO GET A HEAD START ON THEIR COLLEGE AND CAREER EXPERIENCE.

    Expenses $28,316

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tim Levy

    BOARD CHAIR

    Total calculated
    $0
  • Mike Overton

    SECRETARY/TR

    Total calculated
    $0
  • Kevin Oxley

    MEMBER AT LA

    Total calculated
    $0
  • Daniel Phelan

    MEMBER AT LA

    Total calculated
    $0
  • Kent Pickett

    MEMBER AT LA

    Total calculated
    $0
  • Timothy Rogers

    PRESIDENT

    Total calculated
    $0
  • Ric Walton

    MEMBER AT LA

    Total calculated
    $0

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
2022
Filed
26 April 2023
IRS schema version
2022v5.0
Source object
202321219349302422

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