Knox County Development Corporation

Knox County Indiana Economic Development

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

EIN: 351528696 ✦ Vincennes, IN ✦ Designated as a 501(c)(4)

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Overview

What is Knox County Development Corporation?

Knox County Development Corporation, also known as Knox County Indiana Economic Development, is a nonprofit organization situated in Vincennes, Indiana. With a mission to foster and aid businesses, their primary goal is to stimulate and encourage economic and industrial growth within Knox County. Established with a vision to promote local business development, the corporation employs a team of four people, dedicated to assisting businesses in setting up and operating within the area. The organization serves as a valuable resource for economic advancement within Knox County.


Official website here: www.kcdc.com

Is Knox County Development Corporation legitimate?

Knox County Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Knox County Development 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $142,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,085

For more financial information, click here


Official website here: www.kcdc.com

What is the mission statement of Knox County Development Corporation?

The Knox County Development Corporation's mission is to facilitate and support the establishment and operation of businesses within its local area. Its primary objective is to promote and stimulate the economic and industrial growth of Knox County. The corporation aims to contribute positively to the local economy by fostering an environment that encourages business formation and operation.


Official website here: www.kcdc.com

Who is the CEO of Knox County Development Corporation?

Chris Pfaff is the Treasurer of Knox County Development Corporation.


Official website here: www.kcdc.com

What is the revenue of Knox County Development Corporation?

Knox County Development Corporation's revenue in 2022 was $539,271.


Official website here: www.kcdc.com

Who are the executives of Knox County Development Corporation and what are their salaries?

The average compensation at Knox County Development Corporation during 2022 was $51,896. There are 4 employees at Knox County Development Corporation.


Here are 5 key members and their salaries:


Kyle Telligman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Johnson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shepard Dunn (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Parker (Second Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kcdc.com

Where can I find the form 990 for Knox County Development Corporation?

Knox County Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kcdc.com

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

Mission Statement of Knox County Development Corporation

Knox County Development Corporation, in its mission, strives to foster and aid businesses in conducting operations within the local area. The organization's primary goal is to promote and encourage economic and industrial development within Knox County. By doing so, Knox County Development Corporation aims to contribute to the overall growth and prosperity of the community. The corporation's activities are geared towards attracting new businesses, supporting existing ones, and creating a conducive business environment. This mission is crucial in fostering a vibrant and thriving economy within Knox County.

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Impact




October, 2024

Knox County Development Corporation plays a crucial role in fostering economic and industrial growth in Knox County, Indiana. By assisting businesses in forming and conducting operations locally, the organization contributes significantly to the economic landscape of the area. Through targeted initiatives and support, it promotes job creation, enhances the local business environment, and drives community improvement. Its commitment to encouraging entrepreneurship and attracting investment helps to secure a prosperous future for the businesses and residents of Vincennes and the surrounding region.




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


Financials

This financial information is from Propublica.

Revenue
$539,271 (2022)
Expenses
$515,898 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,996
  • Program Service Revenue: $97,180
  • Gross Receipts: $539,271

Assets and Liabilities:

  • Total Assets: $5,520,464
  • Total Liabilities: $1,591
  • Net Assets: $5,518,873

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Programs

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

COUNTY & CITY SERVICE

Revenue

$92,000

ANNUAL MEETING

Revenue

$5,180

Organization Details

Founding Year

1981

Principal Officer

Chris Pfaff

Main Address

702 MAIN STREET, VINCENNES, IN, 47591

NTEE Category

Code: S30 - Community improvement

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