Morgan County Economic Development Corp

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

EIN: 351803277 ✦ Mooresville, IN ✦ Designated as a 501(c)(6)

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Overview

What is Morgan County Economic Development Corp?

The Morgan County Economic Development Corp, located in Mooresville, Indiana, serves as a nonprofit organization with a mission to stimulate, endorse, and foster economic growth within Morgan County, Indiana. With a modest team of two employees, their primary objective is to promote and develop economic expansion in the area. They actively work towards this goal, contributing to the county's overall development and prosperity.


Official website here: www.morgancoed.com

Is Morgan County Economic Development Corp legitimate?

Morgan County Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(6) entity. Morgan County Economic Development Corp 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: $158,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.morgancoed.com

What is the mission statement of Morgan County Economic Development Corp?

The Morgan County Economic Development Corp's mission is to actively encourage, promote, and develop economic growth within the region. The corporation's primary goal is to foster expansion and development in the economic sector of Morgan County, Indiana. By undertaking these activities, the organization aims to contribute to the overall economic prosperity and development of the area. The corporation's efforts are geared towards attracting new businesses, supporting existing ones, and creating a conducive business environment.


Official website here: www.morgancoed.com

Who is the CEO of Morgan County Economic Development Corp?

Terry Brock is the Past President of Morgan County Economic Development Corp.


Official website here: www.morgancoed.com

What is the revenue of Morgan County Economic Development Corp?

Morgan County Economic Development Corp's revenue in 2022 was $316,026.


Official website here: www.morgancoed.com

Who are the executives of Morgan County Economic Development Corp and what are their salaries?

The average compensation at Morgan County Economic Development Corp during 2022 was $79,005. There are 2 employees at Morgan County Economic Development Corp.


Here are 37 key members and their salaries:


Michael Hurst (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Brock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Alcala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Stanley (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Wisco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Costin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Stock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Conner (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Weber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Phelps (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawna Girgis (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Taylor (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Tanneberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buck Ritz (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Isbell-Scott (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Banning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Calloway (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Bryant (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Carmony (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Kinnarney (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Anderson (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Treg Hopkins (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Taylor (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mindy Taylor (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leeda Wamsley (Non-Voting Director Of Bus)
  • Compensation: $46,194
  • Related: $0
  • Other: $0
Mike Dellinger (Non-Voting Executive Direc)
  • Compensation: $111,815
  • Related: $0
  • Other: $0
Brian Sylva (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Crewe (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Lindauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Trimmel (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Renicker (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Collier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Staton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Jackson (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Murphy (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Cady (Non-Voting Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.morgancoed.com

Where can I find the form 990 for Morgan County Economic Development Corp?

Morgan County Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.morgancoed.com

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

Mission Statement of Morgan County Economic Development Corp

Morgan County Economic Development Corp, as a corporation, is committed to encouraging, promoting, and fostering economic growth within the local area of Morgan County, Indiana. Their mission is to stimulate and expand the economy of Morgan County, aiming to contribute positively to its development and progress. The organization's purpose is to serve as a catalyst for economic expansion, attracting new businesses, and supporting existing ones to ensure the county's prosperity. By actively promoting and developing economic growth, Morgan County Economic Development Corp contributes to creating a thriving community and improving the overall quality of life for its residents.

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Impact




October, 2024

Morgan County Economic Development Corp plays a crucial role in fostering economic expansion within Morgan County, Indiana. By encouraging and promoting local businesses and attracting new investments, the organization contributes significantly to the community's overall growth. This initiates job creation, enhances local infrastructure, and improves the quality of life for residents.

Through strategic initiatives, the Corp supports existing businesses and facilitates new ventures, ensuring a vibrant economic landscape. The organization’s efforts not only stimulate the local economy but also strengthen community ties by fostering collaboration among stakeholders. Ultimately, the Morgan County Economic Development Corp is a catalyst for positive change, driving sustainable economic development and improvement within the region.




This information is meant to be a general summary of Morgan County Economic Development Corp. 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
$316,026 (2022)
Expenses
$312,995 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,974
  • Program Service Revenue: $277,000
  • Gross Receipts: $316,026

Assets and Liabilities:

  • Total Assets: $804,945
  • Total Liabilities: $27,840
  • Net Assets: $777,105

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Programs

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

MEMBERSHIP DUES

Revenue

$277,000

Organization Details

Founding Year

1990

Principal Officer

Terry Brock

Main Address

PO BOX 606, MOORESVILLE, IN, 461580606

NTEE Category

Code: S40 - Community improvement

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