GRANT COUNTY ECONOMIC GROWTH COUNCIL INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GRANT COUNTY ECONOMIC GROWTH COUNCIL INC (EIN 35-1589550)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202343199349311629
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-15T13:47:39-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351344820PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DULIN WARD & DEWALD INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line19921 DUPONT CIRCLE DR W 300AddressLine1Txt
CityFORT WAYNECityNm
State AbbreviationINStateAbbreviationCd
ZIP468251610ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN351589550EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GRANT COUNTY ECONOMIC GROWTHBusinessNameLine1Txt
Business Name Line2COUNCIL INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGRANBusinessNameControlTxt
Phone7656620650PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 S ADAMS STREETAddressLine1Txt
CityMARIONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46952ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonADRIENNE RINES HAMMONDPersonNm
Person TitleVP GOV/PRESIDENT EL.PersonTitleTxt
Phone7656620650PhoneNum
Signature2023-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstADRIENNEPersonFirstNm
Person LastHAMMONDPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSUSAN A BERGHOFF CPAPreparerPersonNm
PTINP00184871PTIN
Phone2604232414PhoneNum
Preparation2023-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerADRIENNE RINES HAMMONDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 S ADAMS STAddressLine1Txt
CityMARIONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46952ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$808,045GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressGRANTCOUNTY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1984FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTO PROMOTE A VIBRANT, SUSTAINABLE ECONOMY IN GRANT COUNTY THAT ATTRACTS AND EMPOWERS BUSINESS GROWTH AND INNOVATION.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers31TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$364,217PYContributionsGrantsAmt
CY Contributions Grants$249,305CYContributionsGrantsAmt
PY Program Service Revenue$2,380PYProgramServiceRevenueAmt
CY Program Service Revenue$1,795CYProgramServiceRevenueAmt
PY Investment Income$566,896PYInvestmentIncomeAmt
CY Investment Income$541,120CYInvestmentIncomeAmt
PY Other Revenue$16,344PYOtherRevenueAmt
CY Other Revenue$15,825CYOtherRevenueAmt
PY Total Revenue$949,837PYTotalRevenueAmt
CY Total Revenue$808,045CYTotalRevenueAmt
PY Grants And Similar Paid$11,452PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$23,541CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$162,109PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$120,248CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$13,850CYTotalFundraisingExpenseAmt
PY Other Expenses$782,761PYOtherExpensesAmt
CY Other Expenses$738,560CYOtherExpensesAmt
PY Total Expenses$956,322PYTotalExpensesAmt
CY Total Expenses$882,349CYTotalExpensesAmt
PY Revenues Less Expenses-$6,485PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$74,304CYRevenuesLessExpensesAmt
Total Assets BOY$10,672,470TotalAssetsBOYAmt
Total Assets EOY$10,211,072TotalAssetsEOYAmt
Total Liabilities BOY$10,035,749TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,660,379TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$636,721NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$550,693NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO PROMOTE A VIBRANT, SUSTAINABLE ECONOMY IN GRANT COUNTY THAT ATTRACTS AND EMPOWERS BUSINESS GROWTH AND INNOVATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$815,431ExpenseAmt
Grant$23,541GrantAmt
Revenue$1,795RevenueAmt
DescTHE GROWTH COUNCIL PROVIDED TO FOLLOWING FOR GRANT COUNTY INDIANA: BUSINESS RETENTION AND EXPANSION ASSISTED 5 NEW BUSINESS EXPANSIONS 96 REQUESTS FOR INFORMATION REGARDING POTENTIAL BUSINESS PROJECTS IN GRANT COUNTY. ASSISTED EFFORTS TO BRING MORE THAN 3 MILLION INTO GRANT COUNTY FROM READI STATE PROGRAM. WORKFORCE PRODUCED JOB SEARCH VIDEO SERIES IN PARTNERSHIP WITH TAYLOR UNIVERSITY TO BENEFIT LOCAL JOB SEEKERS ENTREPRENEURSHIP PARTNERED WITH IVY TECH, GREATER GRANT COUNTY, AND THE INDIANA SMALL BUSINESS DEVELOPMENT CENTER TO BRING A SIX-WEEK ENTREPRENEURSHIP COURSE TO GRANT COUNTY. 4 CHARM GRANTS AWARDED TO LOCAL SMALL BUSINESSESDesc
Total Program Service Expenses$815,431TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members31GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonADRIENNE RINES HAMMONDPersonNm
Phone7656620650PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 S ADAMS STAddressLine1Txt
CityMARIONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46952ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
CHARITY BAILEY
EXECUTIVE DI40.00Yes (X)$77,949$0$2,280
JESS ALUMBAUGH
DIRECTOR1.00$0$0$0Yes (X)
MARK BARDSLEY
DIRECTOR1.00$0$0$0Yes (X)
CHUCK BINKERD
VP FUNDRAISI1.00Yes (X)$0$0$0Yes (X)
PHILIP BOWERS
DIRECTOR1.00$0$0$0Yes (X)
SCOTT BRATCHER
DIRECTOR1.00$0$0$0Yes (X)
DEBORAH CAIN
DIRECTOR1.00$0$0$0Yes (X)
BRETT CAREY
DIRECTOR1.00$0$0$0Yes (X)
PAUL DASH
DIRECTOR1.00$0$0$0Yes (X)
ANNE DUNCAN
PAST PRESIDE1.00Yes (X)$0$0$0Yes (X)
MIA ERICKSON
DIRECTOR1.00$0$0$0Yes (X)
MIKE FLYNN
DIRECTOR1.00$0$0$0Yes (X)
BRIAN GILDEA
DIRECTOR1.00$0$0$0Yes (X)
ADRIENNE RINES HAMMOND
VP GOV/PRESI1.00Yes (X)$0$0$0Yes (X)
ASHLEY HURD
DIRECTOR1.00$0$0$0Yes (X)
ALEX HUSKEY
DIRECTOR1.00$0$0$0Yes (X)
KYLIE JACKSON
DIRECTOR1.00$0$0$0Yes (X)
TREVOR MARTENS
VP FINANCE1.00Yes (X)$0$0$0Yes (X)
MAYOR BOB MCNUTT
DIRECTOR1.00$0$0$0Yes (X)
JASON MILLER
DIRECTOR1.00$0$0$0Yes (X)
SCOTT MILLER
DIRECTOR1.00$0$0$0Yes (X)
DON NATOLI
DIRECTOR1.00$0$0$0Yes (X)
CHUCK POLING
DIRECTOR1.00$0$0$0Yes (X)
JODI POMEROY
DIRECTOR1.00$0$0$0Yes (X)
KRISTI PULLEY
VP OPERATION1.00Yes (X)$0$0$0Yes (X)
MAYOR BILL ROCK
DIRECTOR1.00$0$0$0Yes (X)
ASHLEY SAVIO
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
LARRY TERWILLEGAR
DIRECTOR1.00$0$0$0Yes (X)
ANNE VERMILLION
DIRECTOR1.00$0$0$0Yes (X)
MATT VOSS
DIRECTOR1.00$0$0$0Yes (X)
JOE WEIMER
DIRECTOR1.00$0$0$0Yes (X)
STEVE WRIGHT
DIRECTOR1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$77,949TotalReportableCompFromOrgAmt
Total Other Compensation$2,280TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$157,695GovernmentGrantsAmt
All Other Contributions$91,610AllOtherContributionsAmt
Total Contributions$249,305TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLUNCHEONS/DINNERSDesc
Business900099BusinessCd
Total Revenue Column$1,795TotalRevenueColumnAmt
Related Or Exempt Func Income$1,795RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,795TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$541,120TotalRevenueColumnAmt
Exclusion$541,120ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$15,825RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$15,825RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,825TotalRevenueColumnAmt
Exclusion$15,825ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$808,045TotalRevenueColumnAmt
Related Or Exempt Func Income$1,795RelatedOrExemptFuncIncomeAmt
Exclusion$556,945ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$23,541TotalAmt
Program Services$23,541ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$80,229TotalAmt
Program Services$60,172ProgramServicesAmt
Management And General$12,034ManagementAndGeneralAmt
Fundraising$8,023FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$30,599TotalAmt
Program Services$30,599ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,120TotalAmt
Program Services$840ProgramServicesAmt
Management And General$168ManagementAndGeneralAmt
Fundraising$112FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,300TotalAmt
Program Services$6,225ProgramServicesAmt
Management And General$1,245ManagementAndGeneralAmt
Fundraising$830FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,842TotalAmt
Management And General$8,842ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,043TotalAmt
Management And General$22,043ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$42,991TotalAmt
Program Services$42,991ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,542TotalAmt
Program Services$1,542ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,921TotalAmt
Program Services$9,519ProgramServicesAmt
Management And General$841ManagementAndGeneralAmt
Fundraising$561FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$20,718TotalAmt
Program Services$15,538ProgramServicesAmt
Management And General$3,108ManagementAndGeneralAmt
Fundraising$2,072FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Program Services$11,250ProgramServicesAmt
Management And General$2,250ManagementAndGeneralAmt
Fundraising$1,500FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$14,559TotalAmt
Program Services$14,559ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,024TotalAmt
Program Services$9,024ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$537,725TotalAmt
Program Services$537,725ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,595TotalAmt
Program Services$1,946ProgramServicesAmt
Management And General$389ManagementAndGeneralAmt
Fundraising$260FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$4,438TotalAmt
Program Services$3,328ProgramServicesAmt
Management And General$666ManagementAndGeneralAmt
Fundraising$444FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SPECIAL PROJECTS$32,742$32,742
DUES AND SUBSCRIPTIONS$13,262$13,262
MISCELLANEOUS$2,128$598$1,482$48
BAD DEBT EXPENSE$30$30

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$882,349TotalAmt
Program Services$815,431ProgramServicesAmt
Management And General$53,068ManagementAndGeneralAmt
Fundraising$13,850FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$164,419BOYAmt
EOY$162,251EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,645BOYAmt
EOY$6,645EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$10,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$21,956BOYAmt
EOY$3,615EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$198,373BOYAmt
EOY$188,004EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,406BOYAmt
EOY$2,142EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$138,175LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$40,668LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$100,102BOYAmt
EOY$97,507EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,129,569BOYAmt
EOY$9,740,908EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,672,470BOYAmt
EOY$10,211,072EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$749BOYAmt
EOY$379EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$10,035,000BOYAmt
EOY$9,660,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,035,749BOYAmt
EOY$9,660,379EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$345,168BOYAmt
EOY$320,395EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$291,553BOYAmt
EOY$230,298EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$636,721BOYAmt
EOY$550,693EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,672,470BOYAmt
EOY$10,211,072EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$74,304ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$11,724NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$444,019CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$291,076CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$470,839CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$364,217CurrentTaxYearMinus1YearAmt
Current Tax Year$249,305CurrentTaxYearAmt
Total$1,819,456TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$444,019CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$291,076CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$470,839CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$364,217CurrentTaxYearMinus1YearAmt
Current Tax Year$249,305CurrentTaxYearAmt
Total$1,819,456TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,819,456PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$618,098CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$615,549CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$597,611CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$581,645CurrentTaxYearMinus1YearAmt
Current Tax Year$556,945CurrentTaxYearAmt
Total$2,969,848TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,315CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$30CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$10,400CurrentTaxYearMinus2YearsAmt
Total$19,745TotalAmt
FieldValueIRS element (for citing)
Total Support$4,809,049TotalSupportAmt
Gross Receipts Rltd Activities$60,939GrossReceiptsRltdActivitiesAmt
Public Support CY1700.37830PublicSupportCY170Pct
Public Support PY1700.39840PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationMISCELLANEOUS INCOME 19,745ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$94,019BeginningYearBalanceAmt
Investment Earnings Or Losses-$11,725InvestmentEarningsOrLossesAmt
Administrative Expenses$1,386AdministrativeExpensesAmt
End Year Balance$80,908EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$85,824BeginningYearBalanceAmt
Investment Earnings Or Losses$9,869InvestmentEarningsOrLossesAmt
Administrative Expenses$1,674AdministrativeExpensesAmt
End Year Balance$94,019EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$78,592BeginningYearBalanceAmt
Investment Earnings Or Losses$8,317InvestmentEarningsOrLossesAmt
Administrative Expenses$1,085AdministrativeExpensesAmt
End Year Balance$85,824EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$68,848BeginningYearBalanceAmt
Investment Earnings Or Losses$10,973InvestmentEarningsOrLossesAmt
Administrative Expenses$1,229AdministrativeExpensesAmt
End Year Balance$78,592EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$73,541BeginningYearBalanceAmt
Investment Earnings Or Losses-$3,542InvestmentEarningsOrLossesAmt
Administrative Expenses$1,151AdministrativeExpensesAmt
End Year Balance$68,848EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$95,499OtherCostOrOtherBasisAmt
Book Value$95,499BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$42,676OtherCostOrOtherBasisAmt
Depreciation$40,668DepreciationAmt
Book Value$2,008BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$97,507TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
NET INVEST. IN DIRECT FINANCE LEASE$9,660,000
BENEFICIAL INTEREST$80,908
FieldValueIRS element (for citing)
Total Book Value Other Assets$9,740,908TotalBookValueOtherAssetsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 2, PART V, LINE 4FormAndLineReferenceDesc
ExplanationSUPPORT ACTIVITIES OF THE COUNCIL.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeMORTGAGE ASSISTGrantTypeTxt
Recipient8RecipientCnt
Cash Grant$23,541CashGrantAmt
Non Cash AssistanceFORGIVEN DEBTNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationTHE EMPLOYER AND EMPLOYEE MUST COMPLETE APPLICATIONS TO START THE PROCESS. WHEN THE EMPLOYEE SELECTS A HOME AND AN OFFER IS ACCEPTED, THEY SEND AN EMAIL WITH THEIR TITLE COMMITMENT. THEN THE GROWTH COUNCIL'S ATTORNEY STARTS THE PAPERWORK. THE PAPERWORK AND THE CHECK GO TO THE CLOSING COMPANY. IF THE CLOSING COMPANY IS OUT OF STATE, THE EMPLOYEE COMES TO THE ATTORNEY'S OFFICE IN MARION, SIGNS THE PROMISSORY NOTE AND OTHER REQUIRED PAPERWORK AND PICKS UP THE CHECK. BECAUSE THERE IS A PROMISSORY NOTE AND MORTGAGE NOTE, IF THE INDIVIDUAL SELLS THE HOUSE PRIOR TO THE FIVE YEAR TERM, THE GROWTH COUNCIL IS NOTIFIED AND THE AMOUNT REMAINING IS RETURNED TO THE GROWTH COUNCIL.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ATHE GROWTH COUNCIL PROVIDED TO FOLLOWING FOR GRANT COUNTY INDIANA: BUSINESS RETENTION AND EXPANSION ASSISTED 5 NEW BUSINESS EXPANSIONS 96 REQUESTS FOR INFORMATION REGARDING POTENTIAL BUSINESS PROJECTS IN GRANT COUNTY. ASSISTED EFFORTS TO BRING MORE THAN 3 MILLION INTO GRANT COUNTY FROM READI STATE PROGRAM. WORKFORCE PRODUCED JOB SEARCH VIDEO SERIES IN PARTNERSHIP WITH TAYLOR UNIVERSITY TO BENEFIT LOCAL JOB SEEKERS ENTREPRENEURSHIP PARTNERED WITH IVY TECH, GREATER GRANT COUNTY, AND THE INDIANA SMALL BUSINESS DEVELOPMENT CENTER TO BRING A SIX-WEEK ENTREPRENEURSHIP COURSE TO GRANT COUNTY. 4 CHARM GRANTS AWARDED TO LOCAL SMALL BUSINESSES
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 IS APPROVED BY THE EXECUTIVE COMMITTEE AND MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CWHENEVER A DIRECTOR, OFFICER OR EMPLOYEE HAS A FINANCIAL OR PERSONAL INTEREST IN ANY MATTER COMING BEFORE THE BOARD OF DIRECTORS, THE AFFECTED PERSON SHALL A)FULLY DISCLOSE THE NATURE OF THE INTEREST, B)WITHDRAWAL FROM DISCUSSION, LOBBYING, AND VOTING ON THE MATTER, AND C) NOT BE COUNTED IN DETERMINING THE EXISTANCE OF A QUORUM AT THE MEETING AT WHICH SUCH TRANSACTIONS MAY BE AUTHORIZED. ANY TRANSACTION OR VOTE INVOLVING A POTENTIAL CONFLICT OF INTEREST SHALL BE APPROVED ONLY WHEN A MAJORITY OF UNBIASED DIRECTORS DETERMINE THAT IT IS IN THE BEST INTEREST OF THE CORPORATION TO DO SO. THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN SHALL RECORD SUCH DISCLOSURE, ABSTENTION AND RATIONAL FOR APPROVAL.
FORM 990, PAGE 6, PART VI, LINE 15ATHE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 18IRS FORM 990 FOR THE LAST THREE YEARS IS POSTED ON GUIDESTAR.ORG.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST DURING REGULAR BUSINESS HOURS.

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