GRANT COUNTY ECONOMIC GROWTH COUNCIL INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
GRANT COUNTY ECONOMIC GROWTH COUNCIL INC (EIN 35-1589550)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-26
IRS object ID
202221469349300937
Schema version
2021v4.0
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)
Return2022-05-26T13:17:17-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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)
PersonCHARITY BAILEYPersonNm
Person TitleED STARTING 2022PersonTitleTxt
Phone7656620650PhoneNum
Signature2022-05-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHARITYPersonFirstNm
Person LastBAILEYPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSUSAN A BERGHOFF CPAPreparerPersonNm
PTINP00184871PTIN
Phone2604232414PhoneNum
Preparation2022-05-26PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANNE DUNCANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 S ADAMS STAddressLine1Txt
CityMARIONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46952ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$949,837GrossReceiptsAmt
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$470,839PYContributionsGrantsAmt
CY Contributions Grants$364,217CYContributionsGrantsAmt
PY Program Service Revenue$5,740PYProgramServiceRevenueAmt
CY Program Service Revenue$2,380CYProgramServiceRevenueAmt
PY Investment Income$581,397PYInvestmentIncomeAmt
CY Investment Income$566,896CYInvestmentIncomeAmt
PY Other Revenue$26,282PYOtherRevenueAmt
CY Other Revenue$16,344CYOtherRevenueAmt
PY Total Revenue$1,084,258PYTotalRevenueAmt
CY Total Revenue$949,837CYTotalRevenueAmt
CY Grants And Similar Paid$11,452CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$156,853PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$162,109CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$25,739CYTotalFundraisingExpenseAmt
PY Other Expenses$793,302PYOtherExpensesAmt
CY Other Expenses$782,761CYOtherExpensesAmt
PY Total Expenses$950,155PYTotalExpensesAmt
CY Total Expenses$956,322CYTotalExpensesAmt
PY Revenues Less Expenses$134,103PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$6,485CYRevenuesLessExpensesAmt
Total Assets BOY$10,974,716TotalAssetsBOYAmt
Total Assets EOY$10,672,470TotalAssetsEOYAmt
Total Liabilities BOY$10,396,516TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,035,749TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$578,200NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$636,721NetAssetsOrFundBalancesEOYAmt
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$854,527ExpenseAmt
Grant$11,452GrantAmt
Revenue$2,380RevenueAmt
DescTHE GROWTH COUNCIL PROVIDED TO FOLLOWING FOR GRANT COUNTY INDIANA: BUSINESS RETENTION AND EXPANSION 15 PROJECTS (2021) 13 BUSINESS VISITS (2021) HOSTED COVID CALLS FOR BUSINESSES, HEALTHCARE, AND EMERGENCY MANAGEMENT (2021) 4 MANUFACTURERS LUNCHES (2021) RECOGNIZED 52 FOR-PROFIT BUSINESSES FOR THEIR INVESTMENTS IN THE COUNTY ATTRACTION 16 NEW BUSINESS PROJECTS 77 REQUESTS FOR INFORMATION REGARDING SITES IN GRANT COUNTY ATTENDED 3 CONSULTANT VISITS IN VARIOUS PLACES IN THE US WORKFORCE HOSTED 3 JOB FAIRS CO-CHAIR THE 21ST CENTURY TALENT COALITION GRANT COUNTY HR GROUP 11 GRANT FOR GRADS RECIPIENTS OVER 300 JOB POSTINGS THROUGHOUT THE YEAR ENTREPRENEURSHIP PARTNERED WITH RONALD MORRELL ON YOUNG BUSINESS OWNERS MEETINGS 3 CHARM GRANT RECIPIENTS PARTNER WITH THE INDIANA SMALL BUSINESS DEVELOPMENT CENTER (MUNCIE) COLLABORATION SOLAR ORDINANCE PARTICIPATION EV CONVERSATIONS ADULT BASIC EDUCATION READI GRANT AND ARP MONEY MEETINGSDesc
Total Program Service Expenses$854,527TotalProgramServiceExpensesAmt
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 StmtYes (true)IndependentAuditFinclStmtInd
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 Document4IRPDocumentCnt
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
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCHARITY BAILEYPersonNm
Phone7656620650PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
TIMOTHY ECKERLE
EXECUTIVE DI40.00Yes (X)$94,860$0$2,846
MAYOR JESS ALUMBAUGH
DIRECTOR1.00$0$0$0Yes (X)
MARK BARDSLEY
DIRECTOR1.00$0$0$0Yes (X)
CHUCK BINKERD
DIRECTOR1.00$0$0$0Yes (X)
ANDY BISHOP
DIRECTOR1.00$0$0$0Yes (X)
PHILIP BOWERS
VICE PRESIDE1.00Yes (X)$0$0$0Yes (X)
DEBORAH CAIN
DIRECTOR1.00$0$0$0Yes (X)
BRETT CAREY
PAST PRESIDE1.00Yes (X)$0$0$0Yes (X)
PAUL DASH
VP DEVELOP/T1.00Yes (X)$0$0$0Yes (X)
ANNE DUNCAN
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
MIA ERICKSON
DIRECTOR1.00$0$0$0Yes (X)
MIKE FLYNN
EX OFFICIO1.00$0$0$0Yes (X)
BILL GARTLAND
DIRECTOR1.00$0$0$0Yes (X)
BIRAN GILDEA
DIRECTOR1.00$0$0$0Yes (X)
ADRIENNE RINES HAMMOND
DIRECTOR1.00$0$0$0Yes (X)
KRISTOPHER HARMON
DIRECTOR1.00$0$0$0Yes (X)
ASHLEY HURD
DIRECTOR1.00$0$0$0Yes (X)
ALEX HUSKEY
DIRECTOR1.00$0$0$0Yes (X)
TREVOR MARTENS
DIRECTOR1.00$0$0$0Yes (X)
MAYOR BOB MCNUTT
EX OFFICIO1.00$0$0$0Yes (X)
SCOTT MILLER
DIRECTOR1.00$0$0$0Yes (X)
DON NOTALI
DIRECTOR1.00$0$0$0Yes (X)
CHUCK POLING
DIRECTOR1.00$0$0$0Yes (X)
JODI POMEROY
DIRECTOR1.00$0$0$0Yes (X)
KRISTI PULLEY
DIRECTOR1.00$0$0$0Yes (X)
MAYOR BILL ROCK
DIRECTOR1.00$0$0$0Yes (X)
ASHLEY SAVIO
PRESIDENT EL1.00Yes (X)$0$0$0Yes (X)
DR RANDY SNEED
DIRECTOR1.00$0$0$0Yes (X)
TIM STREET
DIRECTOR1.00$0$0$0Yes (X)
LARRY TERWILLEGAR
EX OFFICIO1.00$0$0$0Yes (X)
ANNE VERMILLION
EX OFFICIO$0$0$0Yes (X)
JOYCE WOOD
VICE PRESIDE1.00Yes (X)$0$0$0Yes (X)
CHARITY BAILEY
ED STARTING40.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$94,860TotalReportableCompFromOrgAmt
Total Other Compensation$2,846TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$233,893GovernmentGrantsAmt
All Other Contributions$130,324AllOtherContributionsAmt
Total Contributions$364,217TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLUNCHEONS/DINNERSDesc
Business900099BusinessCd
Total Revenue Column$2,380TotalRevenueColumnAmt
Related Or Exempt Func Income$2,380RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,380TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$565,301TotalRevenueColumnAmt
Exclusion$565,301ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$16,344RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$16,344RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,344TotalRevenueColumnAmt
Exclusion$16,344ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,595SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,595SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,595TotalRevenueColumnAmt
Related Or Exempt Func Income$1,595RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$949,837TotalRevenueColumnAmt
Related Or Exempt Func Income$3,975RelatedOrExemptFuncIncomeAmt
Exclusion$581,645ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$11,452TotalAmt
Program Services$11,452ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$97,706TotalAmt
Program Services$68,394ProgramServicesAmt
Management And General$19,541ManagementAndGeneralAmt
Fundraising$9,771FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$51,347TotalAmt
Program Services$38,510ProgramServicesAmt
Management And General$7,702ManagementAndGeneralAmt
Fundraising$5,135FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,776TotalAmt
Program Services$1,325ProgramServicesAmt
Management And General$274ManagementAndGeneralAmt
Fundraising$177FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,280TotalAmt
Program Services$8,094ProgramServicesAmt
Management And General$2,058ManagementAndGeneralAmt
Fundraising$1,128FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$11,582TotalAmt
Program Services$2,451ProgramServicesAmt
Management And General$9,131ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$18,293TotalAmt
Management And General$18,293ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,674TotalAmt
Management And General$1,674ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,279TotalAmt
Program Services$4,279ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,931TotalAmt
Program Services$6,378ProgramServicesAmt
Management And General$1,003ManagementAndGeneralAmt
Fundraising$550FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,398TotalAmt
Program Services$8,689ProgramServicesAmt
Management And General$1,104ManagementAndGeneralAmt
Fundraising$605FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$57,181TotalAmt
Program Services$41,031ProgramServicesAmt
Management And General$10,432ManagementAndGeneralAmt
Fundraising$5,718FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Program Services$10,763ProgramServicesAmt
Management And General$2,737ManagementAndGeneralAmt
Fundraising$1,500FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,221TotalAmt
Program Services$13,221ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,250TotalAmt
Program Services$4,250ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$557,603TotalAmt
Program Services$557,603ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,537TotalAmt
Program Services$3,973ProgramServicesAmt
Management And General$1,010ManagementAndGeneralAmt
Fundraising$554FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,698TotalAmt
Program Services$4,088ProgramServicesAmt
Management And General$1,040ManagementAndGeneralAmt
Fundraising$570FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BAD DEBT EXPENSE$30,688$30,688
SPECIAL PROJECTS$29,115$29,115
DUES AND SUBSCRIPTIONS$9,901$9,901
MISCELLANEOUS$410$322$57$31

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$956,322TotalAmt
Program Services$854,527ProgramServicesAmt
Management And General$76,056ManagementAndGeneralAmt
Fundraising$25,739FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$166,924BOYAmt
EOY$164,419EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,642BOYAmt
EOY$6,645EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$90,000BOYAmt
EOY$50,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,295BOYAmt
EOY$21,956EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$126,046BOYAmt
EOY$198,373EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,598BOYAmt
EOY$1,406EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$138,175LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$38,073LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$103,837BOYAmt
EOY$100,102EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,476,374BOYAmt
EOY$10,129,569EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,974,716BOYAmt
EOY$10,672,470EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,516BOYAmt
EOY$749EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$10,390,000BOYAmt
EOY$10,035,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,396,516BOYAmt
EOY$10,035,749EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$287,129BOYAmt
EOY$345,168EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$291,071BOYAmt
EOY$291,553EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$578,200BOYAmt
EOY$636,721EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,974,716BOYAmt
EOY$10,672,470EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$6,485ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$5,398NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$59,608OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
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$462,132CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$444,019CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$291,076CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$470,839CurrentTaxYearMinus1YearAmt
Current Tax Year$364,217CurrentTaxYearAmt
Total$2,032,283TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$462,132CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$444,019CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$291,076CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$470,839CurrentTaxYearMinus1YearAmt
Current Tax Year$364,217CurrentTaxYearAmt
Total$2,032,283TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,032,283PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$636,002CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$618,098CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$615,549CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$597,611CurrentTaxYearMinus1YearAmt
Current Tax Year$581,645CurrentTaxYearAmt
Total$3,048,905TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$314CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,315CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,400CurrentTaxYearMinus1YearAmt
Total$20,059TotalAmt
FieldValueIRS element (for citing)
Total Support$5,101,247TotalSupportAmt
Gross Receipts Rltd Activities$71,705GrossReceiptsRltdActivitiesAmt
Public Support CY1700.39840PublicSupportCY170Pct
Public Support PY1700.40520PublicSupportPY170Pct
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 20,059ExplanationTxt

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$85,824BeginningYearBalanceAmt
Investment Earnings Or Losses$9,869InvestmentEarningsOrLossesAmt
Administrative Expenses$1,674AdministrativeExpensesAmt
End Year Balance$94,019EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$73,541BeginningYearBalanceAmt
Investment Earnings Or Losses-$3,542InvestmentEarningsOrLossesAmt
Administrative Expenses$1,151AdministrativeExpensesAmt
End Year Balance$68,848EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$67,473BeginningYearBalanceAmt
Investment Earnings Or Losses$6,715InvestmentEarningsOrLossesAmt
Administrative Expenses$647AdministrativeExpensesAmt
End Year Balance$73,541EndYearBalanceAmt
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$38,073DepreciationAmt
Book Value$4,603BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$100,102TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
NET INVEST. IN DIRECT FINANCE LEASE$10,035,000
BENEFICIAL INTEREST$94,019
OTHER ASSET$550
FieldValueIRS element (for citing)
Total Book Value Other Assets$10,129,569TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$953,561TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$5,398NetUnrealizedGainsInvstAmt
Revenue Not Reported$5,398RevenueNotReportedAmt
Revenue Subtotal$948,163RevenueSubtotalAmt
Other Revenues Not Included$1,674OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,674RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$949,837TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$954,648TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$954,648ExpensesSubtotalAmt
Other Expenses Not Included$1,674OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,674ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$956,322TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART V, LINE 4SUPPORT ACTIVITIES OF THE COUNCIL.
SCHEDULE D, PAGE 4, PART XI, LINE 4BINVESTMENT FEES NETTED WITH INCOME 1,674
SCHEDULE D, PAGE 4, PART XII, LINE 4BINVESTMENT FEES NETTED WITH REVENUE 1,674

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeMORTGAGE ASSISTGrantTypeTxt
Recipient14RecipientCnt
Non Cash Assistance$11,452NonCashAssistanceAmt
Non Cash AssistanceDEBT FORGIVENESNonCashAssistanceDesc

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 (7 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 15 PROJECTS (2021) 13 BUSINESS VISITS (2021) HOSTED COVID CALLS FOR BUSINESSES, HEALTHCARE, AND EMERGENCY MANAGEMENT (2021) 4 MANUFACTURERS LUNCHES (2021) RECOGNIZED 52 FOR-PROFIT BUSINESSES FOR THEIR INVESTMENTS IN THE COUNTY ATTRACTION 16 NEW BUSINESS PROJECTS 77 REQUESTS FOR INFORMATION REGARDING SITES IN GRANT COUNTY ATTENDED 3 CONSULTANT VISITS IN VARIOUS PLACES IN THE US WORKFORCE HOSTED 3 JOB FAIRS CO-CHAIR THE 21ST CENTURY TALENT COALITION GRANT COUNTY HR GROUP 11 GRANT FOR GRADS RECIPIENTS OVER 300 JOB POSTINGS THROUGHOUT THE YEAR ENTREPRENEURSHIP PARTNERED WITH RONALD MORRELL ON YOUNG BUSINESS OWNERS MEETINGS 3 CHARM GRANT RECIPIENTS PARTNER WITH THE INDIANA SMALL BUSINESS DEVELOPMENT CENTER (MUNCIE) COLLABORATION SOLAR ORDINANCE PARTICIPATION EV CONVERSATIONS ADULT BASIC EDUCATION READI GRANT AND ARP MONEY MEETINGS
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.
FORM 990, PART XI, LINE 9GRANTS FOR GRADS PROGRAM 59,608 THE GRANTS FOR GRADS PROGRAM WAS TAKEN OVER FROM AFFORDABLE HOUSING DURING 2021. THESE ARE RECORDED AS PROGRAMATIC LOANS AND WERE MOVED TO THE BOOKS OF THE GROWTH COUNCIL AS AN EQUITY TRANSACTION.

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