Totals
- Total revenue
- $1,554,298
- Total expenses
- $1,897,943
- Contributions and grants received
- $1,494,731
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $59,567
- Other revenue
- $0
- Total assets, end of year
- $6,773,830
- Total liabilities, end of year
- $34,264
- Net assets or fund balances, end of year
- $6,739,566
- Program services expenses (Part IX)
- $1,772,532
- Management and general expenses
- $125,411
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,772,532
Program services were 93.4% 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.
-
1e · Government grants (contributions)
$1,173,916
-
1f · All other contributions, gifts and grants
$320,815
-
3 · Investment income
total $42,535 · excluded $42,535
-
7a · Gross sales of assets other than inventory
other assets $17,032
-
7c · Gain or loss
other assets $17,032
-
7d · Net gain or loss
total $17,032 · excluded $17,032
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $400,032 · program services $355,461 · management and general $44,571
-
8 · Pension plan contributions
total $32,095 · program services $28,108 · management and general $3,987
-
9 · Other employee benefits
total $57,485 · program services $41,917 · management and general $15,568
-
10 · Payroll taxes
total $29,471 · program services $26,469 · management and general $3,002
-
11b · Fees: legal
total $17,049 · program services $17,049
-
11c · Fees: accounting
total $19,020 · program services $12,680 · management and general $6,340
-
11f · Fees: investment management
total $7,361 · program services $7,361
-
11g · Fees: other
total $938 · management and general $938
-
13 · Office expenses
total $11,510 · program services $100 · management and general $11,410
-
16 · Occupancy
total $3,525 · management and general $3,525
-
17 · Travel
total $39,731 · program services $32,235 · management and general $7,496
-
22 · Depreciation, depletion and amortization
total $1,806 · program services $1,806
-
23 · Insurance
total $5,615 · management and general $5,615
-
24a · Other expenses: TOURISM
total $402,700 · program services $396,310 · management and general $6,390
-
24b · Other expenses: RECRUITMENT/ATTRACTION
total $346,885 · program services $346,885
-
24c · Other expenses: SUPPORT ACTIVITIES
total $121,737 · program services $121,737
-
24d · Other expenses: CRANE SUPPORT
total $80,761 · program services $80,761
-
24e · All other expenses
total $320,222 · program services $303,653 · management and general $16,569
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $563,652 · end of year $729,418
-
2 · Savings and temporary cash investments
beginning of year $514,017 · end of year $10,643
-
4 · Accounts receivable
beginning of year $35,002 · end of year $2,502
-
10a · Land, buildings and equipment: cost or other basis
$90,591
-
10b · Land, buildings and equipment: accumulated depreciation
$28,353
-
10c · Land, buildings and equipment, net
beginning of year $64,044 · end of year $62,238
-
15 · Other assets
beginning of year $6,590,650 · end of year $5,969,029
-
17 · Accounts payable and accrued expenses
beginning of year $13,449 · end of year $15,718
-
25 · Other liabilities
beginning of year $3,649 · end of year $18,546
-
27 · Net assets without donor restrictions
beginning of year $7,000,267 · end of year $6,489,566
-
28 · Net assets with donor restrictions
beginning of year $750,000 · end of year $250,000
Mission and programs · 2022
Mission
THE ORGANIZATIONS MISSION STATEMENT IS TO ADVANCE THE ECONOMY OF SOUTH CENTRAL INDIANA BY GENERATING HIGH-QUALITY EMPLOYMENT OPPORTUNITIES, DIVERSIFYING THE ECONOMIC BASE AND RAISING THE STANDARD OF LIVING FOR THE REGION'S RESIDENTS.
-
RESEARCH AND INFORMATION MANAGEMENT: MONITOR SOUTH CENTRAL INDIANA INDUSTRY ACTIVITY FOR STRENGTHS, WEAKNESS, OPPORTUNTIES AND THREATS FOR INVESTMENT OPPORTUNITIES.
Expenses $691,455
-
BUSINESS ATTRACTION: USING PRESENTATIONS AND HOSTING TOURS OF SOUTH CENTRAL INDIANA AND DEVELOPING MARKETING MATERIALS IN A EFFORT TO ENTICE NEW BUSINESSES TO THE AREA.
Expenses $889,700
-
BUSINESS RENTENTION: ASSESS NEEDS AND OPPORTUNITES FOR LOCAL BUSINESS IN AN EFFORT TO RETAIN THE BUSINESS AND PROMOTE EXPANSION PROJECTS AND ENTREPRENEURSHIP.
Expenses $189,571
-
DEPRECIATION
Expenses $1,806
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jeff QuyleJEFF QUYLE
CEO
- Total calculated
- $150,415
- From this org
- $127,500
- From related orgs
- $0
- Other
- $22,915
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $127,500
- Bonus
- not reported
- Other
- not reported
- Deferred
- $22,915
- Nontaxable benefits
- not reported
- Filer's total
- $150,415
-
Cary AlbrightCARY ALBRIGHT
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Bryan BrackemyerBRYAN BRACKEMYER
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Ed ColeED COLE
LEDO
- Total calculated
- $0
- Hours/week
- 1
-
Sam CraigSAM CRAIG
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Shannon DaltonSHANNON DALTON
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Brad EllsworthBRAD ELLSWORTH
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Chuck FranzCHUCK FRANZ
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Tammi GibsonTAMMI GIBSON
LEDO
- Total calculated
- $0
- Hours/week
- 1
-
Justin GreenJUSTIN GREEN
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Steve HawkinsSTEVE HAWKINS
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Robert HendersonROBERT HENDERSON
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Chad HoffmanCHAD HOFFMAN
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Brianne JerrelsBRIANNE JERRELS
LEDO
- Total calculated
- $0
- Hours/week
- 1
-
Pam LoughmillerPAM LOUGHMILLER
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Misty McCammackMISTY MCCAMMACK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Darby McCartyDARBY MCCARTY
BOD
- Total calculated
- $0
- Hours/week
- 1
-
John MenschJOHN MENSCH
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Pepper MulherinPEPPER MULHERIN
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Mike MyersMIKE MYERS
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Bryant NiedhoffBRYANT NIEDHOFF
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Bryant NiehoffBRYANT NIEHOFF
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Kristal PainterKRISTAL PAINTER
LEDO
- Total calculated
- $0
- Hours/week
- 1
-
Jeff PipkinJEFF PIPKIN
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Jessica PottsJESSICA POTTS
LEDO
- Total calculated
- $0
- Hours/week
- 1
-
Heather SetserHEATHER SETSER
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Jamie ShinabargerJAMIE SHINABARGER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Shanni SimmonsSHANNI SIMMONS
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Shance SizemoreSHANCE SIZEMORE
LEDO
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca SkillmanREBECCA SKILLMAN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Sawyer SparksSAWYER SPARKS
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Brent SternbergBRENT STERNBERG
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Roy StreeterROY STREETER
BOD
- Total calculated
- $0
- Hours/week
- 1
-
Michael ThissenMICHAEL THISSEN
LEDO
- Total calculated
- $0
- Hours/week
- 1
-
Jennie VaughanJENNIE VAUGHAN
BOD
- Total calculated
- $0
- Hours/week
- 1
-
John WilkesJOHN WILKES
BOD
- 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
- 3 · Compensation committee
- 3 · Written employment contract
- 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
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
REGIONAL IMPACT FUND INC REGIONAL IMPACT FUND INC
C CORP · DEVELOPMEN · IN · 100% owned · share of assets $1,929,279
Directly controlled by REGIONAL I REGIONAL IMPACT FUND INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342899349302474
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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