Delaware Advancement Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311111841 ✦ Muncie, IN ✦ Designated as a 501(c)(3)

Overview

What is Delaware Advancement Corporation?

The Delaware Advancement Corporation, situated in Muncie, Indiana, is a dedicated nonprofit organization. Its primary mission is to stimulate economic growth in the Muncie-Delaware County region by offering top-notch meeting facilities and catering services. This endeavor aims to attract investments and generate quality job opportunities, ultimately enhancing the community's overall quality of life. The corporation, with a team of 34 employees, operates a convention center to encourage such development.


Official website here: www.muncie.com

Is Delaware Advancement Corporation legitimate?

Delaware Advancement Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Advancement Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $335,301
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.muncie.com

What is the mission statement of Delaware Advancement Corporation?

The Delaware Advancement Corporation actively works towards promoting investment, primarily aiming to create and retain high-quality job opportunities. This initiative is designed to enhance the overall quality of life in the community. One of their strategies to achieve this goal is by operating a convention center, offering catering services. This facility provides meeting spaces, thereby encouraging economic development.


Official website here: www.muncie.com

Who is the CEO of Delaware Advancement Corporation?

Joann Mckinney is the Director of Delaware Advancement Corporation. The CEO's salary of Delaware Advancement Corporation is $23,989 and their total compensation is $25,548.


Official website here: www.muncie.com

What is the revenue of Delaware Advancement Corporation?

Delaware Advancement Corporation's revenue in 2022 was $3,902,728.


Official website here: www.muncie.com

Who are the executives of Delaware Advancement Corporation and what are their salaries?

The average compensation at Delaware Advancement Corporation during 2022 was $9,862. There are 34 employees and 19 volunteers at Delaware Advancement Corporation.

Here are 23 key members and their salaries (Delaware Advancement Corporation's CEO's salary is $23,989 and their total compensation is $25,548):

    Joann Mckinney (Pres/Ceo-Horizon Conv)
  • Compensation: $135,713
  • Related: $0
  • Other: $9,170

    • Traci Lutton (Vice President-Econ Develo)
  • Compensation: $97,535
  • Related: $0
  • Other: $16,994

    • Jay Julian (Former President/Ceo)
  • Compensation: $47,152
  • Related: $0
  • Other: $3,190

    • Elizabeth Rowray (President/Ceo)
  • Compensation: $23,989
  • Related: $0
  • Other: $1,559

    • Donna Munchel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Gary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Tschuor (2Nd Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Alexander (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Shade Hamilton (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Ridemour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pete Voss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Unger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Barr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Shrock (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susana Rivera-Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Keisling (1St Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Ayars (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andre Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Parsons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victor Whitehead (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.muncie.com

    Where can I find the form 990 for Delaware Advancement Corporation?

    The Delaware Advancement Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.muncie.com

    Learn more at the official website: www.muncie.com

    Mission Statement of Delaware Advancement Corporation

    The Delaware Advancement Corporation, a prominent organization, is committed to actively promoting investment within Muncie-Delaware County. Their mission is twofold: firstly, to stimulate the creation and retention of high-quality job opportunities. Secondly, they aim to enhance the overall quality of life within the community. To achieve these objectives, the corporation operates a convention center, offering catering services. This facility serves as a catalyst for economic development by providing suitable meeting facilities, thereby attracting various events and businesses to the area.

    Impact

    This information is meant to be a general summary of Delaware Advancement Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Delaware Advancement Corporation's impact lies in its active promotion of investment in Muncie-Delaware County, aimed at generating quality job opportunities and enhancing the overall quality of life in the community. Through the operation of a convention center with catering services, the organization encourages economic development by providing meeting facilities for various events. This initiative serves as a catalyst for attracting business activity, fostering networking opportunities, and driving the local economy forward. Ultimately, the corporation's efforts contribute to fostering community improvement and sustainable growth in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,570
  • Program Service Revenue: $324,640
  • Gross Receipts: $4,387,798

    • Assets and Liabilities:
  • Total Assets: $13,220,362
  • Total Liabilities: $6,793,843
  • Net Assets: $6,426,519
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PUBLIC CONVENTION CENT

    Revenue

    $286,415

    ECONOMIC DEVELOPMENT

    Revenue

    $38,225

    Organization Details

    Founding Year

    1994

    Principal Officer

    Joann Mckinney

    Main Address

    401 S HIGH STREET, MUNCIE, IN, 47305

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Delaware Advancement Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.