GRANT COUNTY ECONOMIC GROWTH COUNCIL INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
GRANT COUNTY ECONOMIC GROWTH COUNCIL INC (EIN 35-1589550)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-19
IRS object ID
202111399349300231
Schema version
2020v4.0
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)
Return2021-05-19T14:55:00-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

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 Begin2020-01-01TaxPeriodBeginDt

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)
PersonTIMOTHY ECKERLEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7656620650PhoneNum
Signature2021-05-19SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTIMPersonFirstNm
Person LastECKERLEPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSUSAN A BERGHOFF CPAPreparerPersonNm
PTINP00184871PTIN
Phone2604232414PhoneNum
Preparation2021-05-19PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
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$1,084,590GrossReceiptsAmt
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 Body26VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers40TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$291,076PYContributionsGrantsAmt
CY Contributions Grants$470,839CYContributionsGrantsAmt
PY Program Service Revenue$6,740PYProgramServiceRevenueAmt
CY Program Service Revenue$5,740CYProgramServiceRevenueAmt
PY Investment Income$599,769PYInvestmentIncomeAmt
CY Investment Income$581,397CYInvestmentIncomeAmt
PY Other Revenue$15,910PYOtherRevenueAmt
CY Other Revenue$26,282CYOtherRevenueAmt
PY Total Revenue$913,495PYTotalRevenueAmt
CY Total Revenue$1,084,258CYTotalRevenueAmt
PY Grants And Similar Paid$13,360PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$193,838PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$156,853CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$15,694CYTotalFundraisingExpenseAmt
PY Other Expenses$742,300PYOtherExpensesAmt
CY Other Expenses$793,302CYOtherExpensesAmt
PY Total Expenses$949,498PYTotalExpensesAmt
CY Total Expenses$950,155CYTotalExpensesAmt
PY Revenues Less Expenses-$36,003PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$134,103CYRevenuesLessExpensesAmt
Total Assets BOY$11,164,819TotalAssetsBOYAmt
Total Assets EOY$10,974,716TotalAssetsEOYAmt
Total Liabilities BOY$10,727,167TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,396,516TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$437,652NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$578,200NetAssetsOrFundBalancesEOYAmt
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$883,144ExpenseAmt
Revenue$5,740RevenueAmt
DescTHE GROWTH COUNCIL RECOGNIZED 52 LOCAL BUSINESSES FOR THEIR INVESTMENT IN NEW CAPITAL INVESTMENTS IN GRANT COUNTY AT THE ANNUAL 2020 INVESTORS RECOGNITION. IN RESPONSE TO THE PANDEMIC THE GROWTH COUNCIL HOSTED WEEKLY TELECONFERENCE INVOLVING MAJOR EMPLOYERS, MARION GENERAL HOSPITAL AND THE GRANT COUNTY HEALTH DEPARTMENT. THE CALLS FOCUSED ON SHARING BEST PRACTICES FOR EMPLOYEE SAFETY AS WELL AS SHARING PERSONAL PROTECTION EQUIPMENT. THE GROWTH COUNCIL MODIFIED THE REVOLVING LOAN FUND TO PROVIDE LOANS TO SMALLER BUSINESSES IMPACTED BY THE PANDEMIC, IN ALL 15 LOANS WERE MADE. THE GROWTH COUNCIL WORKED WITH THE CITY OF MARION AND OTHER LOCAL PARTNERS TO APPLY FOR THE DNR'S NEXT LEVEL TRAILS GRANT. THE FEATURED PROJECT WAS TO CONNECT THE CARDINAL GREENWAY TO THE MISSISSINEWA RIVER WALKWAY. THE GROWTH COUNCIL GRANT FOR GRADS PROGRAM CONTINUES TO BE A TOOL FOR LOCAL BUSINESSES AS THEY SEEK TO ATTRACT NEW TALENT. A COLLABORATION OF IVY TECH MARION, MARION GRANT COUNTY CHAMBER OF COMMERCE AND THE GROWTH COUNCIL SECURED GRANT COUNTY'S DESIGNATION AS PART OF THE 21ST CENTURY EAST CENTRAL INDIANA TALENT REGION. THE GROWTH COUNCIL COLLABORATED WITH WORK ONE, MARION PUBLIC LIBRARY, THE MARION-GRANT COUNTY CHAMBER OF COMMERCE, AND GAS CITY AREA CHAMBER TO ESTABLISH A MONTHLY COMMUNITY JOB FAIR IN WHICH EMPLOYERS CONNECT WITH JOB SEEKERS. IN 2020 THE GROWTH COUNCIL EXPANDED THIS EFFORT THROUGH THE INTRODUCTION OF ADS AND JOB APPLICATIONS IN SPANISH. AS WELL AS CONTINUE TO COLLABORATE WITH LOCAL EMPLOYERS IS IDENTIFY NEW RECRUITMENT TOOLS.Desc
Total Program Service Expenses$883,144TotalProgramServiceExpensesAmt
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 IndividualsfalseGrantsToIndividualsInd
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 Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4EmployeeCnt
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 Members26GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
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)
PersonTIMOTHY K ECKERLEPersonNm
Phone7656620650PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (27 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$0
MAYOR JESS ALUMBAUGH
DIRECTOR1.00$0$0$0Yes (X)
MARK BARDSLEY
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
TREASURER1.00Yes (X)$0$0$0Yes (X)
ANNE DUNCAN
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
MIA ERICKSON
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)
BOB MCNUTT
DIRECTOR1.00$0$0$0Yes (X)
SCOTT MILLER
DIRECTOR1.00$0$0$0Yes (X)
DON NOTALI
DIRECTOR1.00$0$0$0Yes (X)
JONATHAN PEREZ
DIRECTOR1.00$0$0$0Yes (X)
JODI POMEROY
DIRECTOR1.00$0$0$0Yes (X)
KRISTI PULLEY
DIRECTOR1.00$0$0$0Yes (X)
ADRIENNE RINES
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)
KELLY TURNER
DIRECTOR1.00$0$0$0Yes (X)
JOYCE WOOD
VICE PRESIDE1.00Yes (X)$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$94,860TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$338,539GovernmentGrantsAmt
All Other Contributions$132,300AllOtherContributionsAmt
Total Contributions$470,839TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLUNCHEONS/DINNERSDesc
Business900099BusinessCd
Total Revenue Column$5,740TotalRevenueColumnAmt
Related Or Exempt Func Income$5,740RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,740TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$581,729TotalRevenueColumnAmt
Exclusion$581,729ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$15,882RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$15,882RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,882TotalRevenueColumnAmt
Exclusion$15,882ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$332OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$332OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$332TotalRevenueColumnAmt
Exclusion-$332ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$10,400TotalRevenueColumnAmt
Related Or Exempt Func Income$10,400RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,400OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,084,258TotalRevenueColumnAmt
Related Or Exempt Func Income$16,140RelatedOrExemptFuncIncomeAmt
Exclusion$597,279ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$94,860TotalAmt
Program Services$66,402ProgramServicesAmt
Management And General$18,972ManagementAndGeneralAmt
Fundraising$9,486FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$47,065TotalAmt
Program Services$39,619ProgramServicesAmt
Management And General$5,620ManagementAndGeneralAmt
Fundraising$1,826FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,891TotalAmt
Program Services$2,907ProgramServicesAmt
Management And General$674ManagementAndGeneralAmt
Fundraising$310FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$11,037TotalAmt
Program Services$8,245ProgramServicesAmt
Management And General$1,912ManagementAndGeneralAmt
Fundraising$880FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$13,915TotalAmt
Program Services$13,878ProgramServicesAmt
Management And General$37ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,678TotalAmt
Management And General$13,678ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,085TotalAmt
Management And General$1,085ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$18,483TotalAmt
Program Services$18,483ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,617TotalAmt
Program Services$5,226ProgramServicesAmt
Management And General$953ManagementAndGeneralAmt
Fundraising$438FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,545TotalAmt
Program Services$10,660ProgramServicesAmt
Management And General$1,291ManagementAndGeneralAmt
Fundraising$594FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$33,306TotalAmt
Program Services$30,907ProgramServicesAmt
Management And General$2,399ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,400TotalAmt
Program Services$11,505ProgramServicesAmt
Management And General$2,668ManagementAndGeneralAmt
Fundraising$1,227FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,887TotalAmt
Program Services$13,887ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$2,700TotalAmt
Program Services$2,700ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$576,440TotalAmt
Program Services$576,440ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,925TotalAmt
Program Services$3,679ProgramServicesAmt
Management And General$853ManagementAndGeneralAmt
Fundraising$393FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,802TotalAmt
Program Services$4,335ProgramServicesAmt
Management And General$1,005ManagementAndGeneralAmt
Fundraising$462FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BAD DEBT EXPENSE$39,850$39,850
SPECIAL PROJECTS$24,302$24,302
DUES AND SUBSCRIPTIONS$8,136$8,136
MISCELLANEOUS$1,140$892$170$78

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,091TotalAmt
Program Services$1,091ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$950,155TotalAmt
Program Services$883,144ProgramServicesAmt
Management And General$51,317ManagementAndGeneralAmt
Fundraising$15,694FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$50,459BOYAmt
EOY$166,924EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$165,024BOYAmt
EOY$6,642EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

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

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,413BOYAmt
EOY$2,295EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$33,056BOYAmt
EOY$126,046EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,501BOYAmt
EOY$2,598EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$149,240LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$45,403LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$107,224BOYAmt
EOY$103,837EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,804,142BOYAmt
EOY$10,476,374EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,164,819BOYAmt
EOY$10,974,716EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,167BOYAmt
EOY$6,516EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$10,725,000BOYAmt
EOY$10,390,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,727,167BOYAmt
EOY$10,396,516EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$248,214BOYAmt
EOY$287,129EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$189,438BOYAmt
EOY$291,071EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$437,652BOYAmt
EOY$578,200EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,164,819BOYAmt
EOY$10,974,716EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$134,103ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$6,445NetUnrlzdGainsLossesInvstAmt
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$464,203CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$462,132CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$444,019CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$291,076CurrentTaxYearMinus1YearAmt
Current Tax Year$470,839CurrentTaxYearAmt
Total$2,132,269TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$464,203CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$462,132CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$444,019CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$291,076CurrentTaxYearMinus1YearAmt
Current Tax Year$470,839CurrentTaxYearAmt
Total$2,132,269TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,132,269PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$642,354CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$636,002CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$618,098CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$615,549CurrentTaxYearMinus1YearAmt
Current Tax Year$597,611CurrentTaxYearAmt
Total$3,109,614TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$314CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,315CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$30CurrentTaxYearMinus1YearAmt
Current Tax Year$10,400CurrentTaxYearAmt
Total$20,059TotalAmt
FieldValueIRS element (for citing)
Total Support$5,261,942TotalSupportAmt
Gross Receipts Rltd Activities$93,603GrossReceiptsRltdActivitiesAmt
Public Support CY1700.40520PublicSupportCY170Pct
Public Support PY1700.40280PublicSupportPY170Pct
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$78,592BeginningYearBalanceAmt
Investment Earnings Or Losses$8,317InvestmentEarningsOrLossesAmt
Administrative Expenses$1,085AdministrativeExpensesAmt
End Year Balance$85,824EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$67,473BeginningYearBalanceAmt
Investment Earnings Or Losses$6,715InvestmentEarningsOrLossesAmt
Administrative Expenses$647AdministrativeExpensesAmt
End Year Balance$73,541EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$81,030BeginningYearBalanceAmt
Investment Earnings Or Losses$6,228InvestmentEarningsOrLossesAmt
Other Expenditures$19,269OtherExpendituresAmt
Administrative Expenses$516AdministrativeExpensesAmt
End Year Balance$67,473EndYearBalanceAmt
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$53,741OtherCostOrOtherBasisAmt
Depreciation$45,403DepreciationAmt
Book Value$8,338BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$103,837TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
NET INVEST. IN DIRECT FINANCE LEASE$10,390,000
BENEFICIAL INTEREST$85,824
OTHER ASSET$550
FieldValueIRS element (for citing)
Total Book Value Other Assets$10,476,374TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$1,088,527TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$6,445NetUnrealizedGainsInvstAmt
Revenue Not Reported$6,445RevenueNotReportedAmt
Revenue Subtotal$1,082,082RevenueSubtotalAmt
Other Revenues Not Included$2,176OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$2,176RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,084,258TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$947,979TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$947,979ExpensesSubtotalAmt
Other Expenses Not Included$2,176OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$2,176ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$950,155TotalExpensesPerForm990Amt

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 1,085 DIRECT BENEFIT 1,091
SCHEDULE D, PAGE 4, PART XII, LINE 4BINVESTMENT FEES NETTED WITH REVENUE 1,085 DIRECT BENEFIT 1,091

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ATHE GROWTH COUNCIL RECOGNIZED 52 LOCAL BUSINESSES FOR THEIR INVESTMENT IN NEW CAPITAL INVESTMENTS IN GRANT COUNTY AT THE ANNUAL 2020 INVESTORS RECOGNITION. IN RESPONSE TO THE PANDEMIC THE GROWTH COUNCIL HOSTED WEEKLY TELECONFERENCE INVOLVING MAJOR EMPLOYERS, MARION GENERAL HOSPITAL AND THE GRANT COUNTY HEALTH DEPARTMENT. THE CALLS FOCUSED ON SHARING BEST PRACTICES FOR EMPLOYEE SAFETY AS WELL AS SHARING PERSONAL PROTECTION EQUIPMENT. THE GROWTH COUNCIL MODIFIED THE REVOLVING LOAN FUND TO PROVIDE LOANS TO SMALLER BUSINESSES IMPACTED BY THE PANDEMIC, IN ALL 15 LOANS WERE MADE. THE GROWTH COUNCIL WORKED WITH THE CITY OF MARION AND OTHER LOCAL PARTNERS TO APPLY FOR THE DNR'S NEXT LEVEL TRAILS GRANT. THE FEATURED PROJECT WAS TO CONNECT THE CARDINAL GREENWAY TO THE MISSISSINEWA RIVER WALKWAY. THE GROWTH COUNCIL GRANT FOR GRADS PROGRAM CONTINUES TO BE A TOOL FOR LOCAL BUSINESSES AS THEY SEEK TO ATTRACT NEW TALENT. A COLLABORATION OF IVY TECH MARION, MARION GRANT COUNTY CHAMBER OF COMMERCE AND THE GROWTH COUNCIL SECURED GRANT COUNTY'S DESIGNATION AS PART OF THE 21ST CENTURY EAST CENTRAL INDIANA TALENT REGION. THE GROWTH COUNCIL COLLABORATED WITH WORK ONE, MARION PUBLIC LIBRARY, THE MARION-GRANT COUNTY CHAMBER OF COMMERCE, AND GAS CITY AREA CHAMBER TO ESTABLISH A MONTHLY COMMUNITY JOB FAIR IN WHICH EMPLOYERS CONNECT WITH JOB SEEKERS. IN 2020 THE GROWTH COUNCIL EXPANDED THIS EFFORT THROUGH THE INTRODUCTION OF ADS AND JOB APPLICATIONS IN SPANISH. AS WELL AS CONTINUE TO COLLABORATE WITH LOCAL EMPLOYERS IS IDENTIFY NEW RECRUITMENT TOOLS.
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 9INVESTMENT FEES NETTED WITH INCOME -1,085 DIRECT BENEFIT -1,091 INVESTMENT FEES NETTED WITH REVENUE 1,085 DIRECT BENEFIT 1,091

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