GRANT COUNTY ECONOMIC GROWTH COUNCIL INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
GRANT COUNTY ECONOMIC GROWTH COUNCIL INC (EIN 35-1589550)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-04-29
IRS object ID
201911199349301566
Schema version
2018v3.1
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)
Return2019-04-29T20:22:11-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-04-24SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSUSAN A BERGHOFF CPAPreparerPersonNm
PTINP00184871PTIN
Phone2604232414PhoneNum
Preparation2019-04-29PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.232.104.229IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-04-29IPDt
IP Tm20:22:11IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id8C8EAA323C6FB7A55B60ABE385C15DC04A35629FAtSubmissionCreationDeviceId
At Submission Filing Device Id8C8EAA323C6FB7A55B60ABE385C15DC04A35629FAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTIMOTHY ECKERLEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 S ADAMS STAddressLine1Txt
CityMARIONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46952ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,115,925GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressGRANTCOUNTY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1984FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE GRANT COUNTY ECONOMIC GROWTH COUNCIL IMPROVES THE ECONOMIC WEALTH OF THE COMMUNITY BY ATTRACTING NEW BUSINESSES, BY PROVIDING ASSISTANCE FOR EXISTING BUSINESSES TO GROW, BY ADVANCING ENTREPRENUERSHIP AND BY ACTIVELY ENGAGING COMMUNITY LEADERSHIP AND ENHANCING COMMUNICATION.ActivityOrMissionDesc
Voting Members Governing Body29VotingMembersGoverningBodyCnt
Voting Members Independent29VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers51TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$462,132PYContributionsGrantsAmt
CY Contributions Grants$444,019CYContributionsGrantsAmt
PY Program Service Revenue$12,561PYProgramServiceRevenueAmt
CY Program Service Revenue$40,645CYProgramServiceRevenueAmt
PY Investment Income$640,543PYInvestmentIncomeAmt
CY Investment Income$618,307CYInvestmentIncomeAmt
PY Other Revenue$3,314PYOtherRevenueAmt
CY Other Revenue$12,954CYOtherRevenueAmt
PY Total Revenue$1,118,550PYTotalRevenueAmt
CY Total Revenue$1,115,925CYTotalRevenueAmt
PY Grants And Similar Paid$90,387PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$104,346CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$190,180PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$203,558CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$18,787CYTotalFundraisingExpenseAmt
PY Other Expenses$789,913PYOtherExpensesAmt
CY Other Expenses$791,765CYOtherExpensesAmt
PY Total Expenses$1,070,480PYTotalExpensesAmt
CY Total Expenses$1,099,669CYTotalExpensesAmt
PY Revenues Less Expenses$48,070PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$16,256CYRevenuesLessExpensesAmt
Total Assets BOY$11,835,011TotalAssetsBOYAmt
Total Assets EOY$11,523,425TotalAssetsEOYAmt
Total Liabilities BOY$11,378,813TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,058,010TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$456,198NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$465,415NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF GRANT COUNTY ECONOMIC GROWTH COUNCIL IS TO FACILITATE INVESTMENT AND REINVESTMENT FOR JOB RETENTION AND CREATION.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,019,916ExpenseAmt
Grant$104,346GrantAmt
Revenue$40,645RevenueAmt
DescTHE GRANT COUNTY ECONOMIC GROWTH COUNCIL'S MISSION "IS TO FACILITATE INVESTMENT AND REINVESTMENT FOR JOB RETENTION AND CREATION" IN 2018 THE GROWTH COUNCIL BROADENED ITS EFFORT TO ATTRACT AND RETAIN TALENT BY HOSTING THE FIRST COMMUNITY DIALOGUE "WHY MARION" WHICH WAS A SHARING OF STORIES OF YOUNG PROFESSIONALS WHO DECIDED TO LIVE HERE AND WHOSE CAREERS HAVE BLOSSOMED. ADDITIONAL THE GROWTH COUNCIL HOSTED A MARKETING EVENT HIGHLIGHTING THE BUILDING OPPORTUNITIES IN DOWNTOWN MARION. THIS EVENT ATTRACT 15 DEVELOPERS FROM INDIANAPOLIS. THE GROWTH COUNCIL RECOGNIZED 43 FIRMS THAT REINVESTED IN GRANT COUNTY DURING 2018 AND WORKED TO IMPROVE THE TALENT POOL BY SPONSORING A 180-HOUR TRAINING PROGRAM FOR INDUSTRIAL MACHINE MAINTENANCE AT IVY TECH COMMUNITY COLLEGE WITH 31 INDIVIDUALS SUCCESSFULLY COMPLETING THE INTENSIVE TRAINING. 2018 SAW THE GROWTH COUNCIL LAUNCH THE FIRST CAREER/JOB FAIR FOR HIGH SCHOOL STUDENTS. THE PARTICIPANTS RECEIVED TRAINING ON INTERVIEW TECHNIQUES AS WELL AS ASSISTANCE IN CREATING A RESUME. 20 LOCAL COMPANIES PARTICIPATED IN THE JOB FAIR. RECOGNIZING THE IMPORTANCE OF FOSTERING AN ENTREPRENEURIAL ECOSYSTEM THE GROWTH COUNCIL HOSTED THE 12TH I69 COLLEGE INNOVATION CHALLENGE. THE 2018 COMPETITION INVOLVED GRACE COLLEGE, TAYLOR UNIVERSITY, INDIANA WESLEYAN UNIVERSITY, IVY TECH COMMUNITY COLLEGE, AND ANDERSON UNIVERSITY. THIS YEAR'S SOCIAL PROBLEM FOR WHICH THEY HAD TO DEVELOP A FOR-PROFIT SOLUTION WAS THE CHALLENGE OF INCREASING WORKFORCE PARTICIPATION. GRANT FOR GRADS IS A HOUSING ASSISTANCE PROGRAM CREATED BY THE GRANT COUNTY ECONOMIC GROWTH COUNCIL AND ADMINISTERED BY AFFORDABLE HOUSING & COMMUNITY DEVELOPMENT CORPORATION (AHC). THIS PROGRAM IS SPECIFICALLY FOR GRADUATES WITH AN ASSOCIATES DEGREE OR HIGHER WHO ARE CHOOSING TO LIVE AND WORK IN GRANT COUNTY. TWENTY ONE HOUSEHOLDS RECEIVED FUNDING TO HELP WITH THE DOWNPAYMENT OR CLOSING COSTS FOR PURCHASING A HOME IN GRANT COUNTY. NINETEEN HOUSEHOLDS RECEIVED RENTAL ASSISTANCE. THESE 40 RECIPIENTS ARE EMPLOYED BY 20 UNIQUE LOCAL FIRMS. THESE ACHIEVEMENTS WERE THE RESULTS OF LEVERAGING 50 VOLUNTEERS.Desc
Total Program Service Expenses$1,019,916TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
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 Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee5EmployeeCnt
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 Members29GoverningBodyVotingMembersCnt
Independent Voting Member29IndependentVotingMemberCnt
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 (30 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
DAVE ABERNATHY
DIRECTOR1.00Yes (X)$0$0$0
MAYOR JESS ALUMBAUGH
DIRECTOR1.00Yes (X)$0$0$0
JOSH BAKER
DIRECTOR1.00Yes (X)$0$0$0
MARK BARDSLEY
DIRECTOR1.00Yes (X)$0$0$0
PHILIP BOWERS
VP OF MARKET1.00Yes (X)$0$0$0Yes (X)
CAITLIN BRAGG
DIRECTOR1.00Yes (X)$0$0$0
BRETT CAREY
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
AARON CAUDELL
DIRECTOR1.00Yes (X)$0$0$0
PAUL DASH
DIRECTOR1.00Yes (X)$0$0$0
ANNE DUNCAN
VP RESOURCE1.00Yes (X)$0$0$0Yes (X)
TOM GALLAGHER
DIRECTOR1.00Yes (X)$0$0$0
JACK GARDNER
DIRECTOR1.00Yes (X)$0$0$00.00
BILL GARTLAND
PAST PRESIDE1.00Yes (X)$0$0$0Yes (X)
KYLE HAWKINS
PRESIDENT EL1.00Yes (X)$0$0$0Yes (X)
DAVE HOMER
DIRECTOR1.00Yes (X)$0$0$0
ALEX HUSKEY
DIRECTOR1.00Yes (X)$0$0$0
MAYOR LARRY LEACH
DIRECTOR1.00Yes (X)$0$0$0
TREVOR MARTENS
DIRECTOR1.00Yes (X)$0$0$0
JOSH MATCHETTE
TREASURER1.00Yes (X)$0$0$0Yes (X)
JIM MCWHIRT
DIRECTOR1.00Yes (X)$0$0$0
SCOTT MURPHY
DIRECTOR1.00Yes (X)$0$0$0
JODI POMEROY
DIRECTOR1.00Yes (X)$0$0$0
WENDY PUFFER
VP STRATEGY1.00Yes (X)$0$0$0Yes (X)
KRISTI PULLEY
DIRECTOR1.00Yes (X)$0$0$0
ADRIENNE RINES
DIRECTOR1.00Yes (X)$0$0$0
DR ROBERT SNEED
DIRECTOR1.00Yes (X)$0$0$0
TIM STREET
PAST PRESIDE1.00Yes (X)$0$0$0Yes (X)
KELLY TURNER
DIRECTOR1.00Yes (X)$0$0$0
JEFF WAKEFIELD
DIRECTOR1.00Yes (X)$0$0$0
TIMOTHY ECKERLE
EXECUTIVE DI40.00$94,860$0$2,517Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$94,860TotalReportableCompFromOrgAmt
Total Other Compensation$2,517TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$359,644GovernmentGrantsAmt
All Other Contributions$84,375AllOtherContributionsAmt
Total Contributions$444,019TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSPECIAL PROJECTSDesc
Business900099BusinessCd
Total Revenue Column$40,645TotalRevenueColumnAmt
Related Or Exempt Func Income$40,645RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$40,645TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$618,098TotalRevenueColumnAmt
Exclusion$618,098ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$3,639RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$3,639RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,639TotalRevenueColumnAmt
Exclusion$3,639ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$209OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$209OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$209TotalRevenueColumnAmt
Exclusion$209ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$9,315TotalRevenueColumnAmt
Related Or Exempt Func Income$9,315RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$9,315OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,115,925TotalRevenueColumnAmt
Related Or Exempt Func Income$49,960RelatedOrExemptFuncIncomeAmt
Exclusion$621,946ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$104,346TotalAmt
Program Services$104,346ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$97,377TotalAmt
Program Services$68,164ProgramServicesAmt
Management And General$19,475ManagementAndGeneralAmt
Fundraising$9,738FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$86,763TotalAmt
Program Services$72,273ProgramServicesAmt
Management And General$10,259ManagementAndGeneralAmt
Fundraising$4,231FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,983TotalAmt
Program Services$3,965ProgramServicesAmt
Management And General$704ManagementAndGeneralAmt
Fundraising$314FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$14,435TotalAmt
Program Services$11,022ProgramServicesAmt
Management And General$2,323ManagementAndGeneralAmt
Fundraising$1,090FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,564TotalAmt
Management And General$3,564ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$16,219TotalAmt
Management And General$16,219ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,151TotalAmt
Management And General$1,151ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$7,280TotalAmt
Program Services$7,280ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$9,788TotalAmt
Program Services$8,605ProgramServicesAmt
Management And General$805ManagementAndGeneralAmt
Fundraising$378FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$12,116TotalAmt
Program Services$9,250ProgramServicesAmt
Management And General$1,950ManagementAndGeneralAmt
Fundraising$916FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,960TotalAmt
Program Services$12,960ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Program Services$11,453ProgramServicesAmt
Management And General$2,414ManagementAndGeneralAmt
Fundraising$1,133FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$32,771TotalAmt
Program Services$32,771ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$10,302TotalAmt
Program Services$10,302ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$611,247TotalAmt
Program Services$611,247ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,701TotalAmt
Program Services$5,117ProgramServicesAmt
Management And General$1,078ManagementAndGeneralAmt
Fundraising$506FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,717TotalAmt
Program Services$4,365ProgramServicesAmt
Management And General$920ManagementAndGeneralAmt
Fundraising$432FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SPECIAL PROJECTS$37,455$37,455
DUES AND SUBSCRIPTIONS$8,846$8,846
MISCELLANEOUS$648$495$104$49

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,099,669TotalAmt
Program Services$1,019,916ProgramServicesAmt
Management And General$60,966ManagementAndGeneralAmt
Fundraising$18,787FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$210,532BOYAmt
EOY$241,426EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$25,754BOYAmt
EOY$6,039EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$60,253BOYAmt
EOY$47,442EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,560BOYAmt
EOY$1,455EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$156,139LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$43,474LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$117,821BOYAmt
EOY$112,665EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,419,091BOYAmt
EOY$11,114,398EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,835,011BOYAmt
EOY$11,523,425EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$33,813BOYAmt
EOY$13,010EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$11,345,000BOYAmt
EOY$11,045,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,378,813BOYAmt
EOY$11,058,010EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$252,182BOYAmt
EOY$273,203EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$19,503BOYAmt
EOY$4,800EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$184,513BOYAmt
EOY$187,412EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$456,198BOYAmt
EOY$465,415EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,835,011BOYAmt
EOY$11,523,425EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$16,256ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$7,039NetUnrlzdGainsLossesInvstAmt
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$802,955CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$474,722CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$464,203CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$462,132CurrentTaxYearMinus1YearAmt
Current Tax Year$444,019CurrentTaxYearAmt
Total$2,648,031TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$802,955CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$474,722CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$464,203CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$462,132CurrentTaxYearMinus1YearAmt
Current Tax Year$444,019CurrentTaxYearAmt
Total$2,648,031TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$263,764SubstantialContributorsTotAmt
Public Support Total170$2,384,267PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$11,702CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$645,983CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$642,354CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$636,002CurrentTaxYearMinus1YearAmt
Current Tax Year$618,098CurrentTaxYearAmt
Total$2,554,139TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$314CurrentTaxYearMinus1YearAmt
Current Tax Year$9,315CurrentTaxYearAmt
Total$9,629TotalAmt
FieldValueIRS element (for citing)
Total Support$5,211,799TotalSupportAmt
Gross Receipts Rltd Activities$130,978GrossReceiptsRltdActivitiesAmt
Public Support CY1700.45750PublicSupportCY170Pct
Public Support PY1700.52340PublicSupportPY170Pct
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 9,629ExplanationTxt

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$94,061BeginningYearBalanceAmt
Investment Earnings Or Losses-$3,839InvestmentEarningsOrLossesAmt
Other Expenditures$6,500OtherExpendituresAmt
Administrative Expenses$2,692AdministrativeExpensesAmt
End Year Balance$81,030EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$97,235BeginningYearBalanceAmt
Investment Earnings Or Losses$5,735InvestmentEarningsOrLossesAmt
Other Expenditures$6,248OtherExpendituresAmt
Administrative Expenses$2,661AdministrativeExpensesAmt
End Year Balance$94,061EndYearBalanceAmt
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$60,640OtherCostOrOtherBasisAmt
Depreciation$43,474DepreciationAmt
Book Value$17,166BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$112,665TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
NET INVEST. IN DIRECT FINANCE LEASE$11,045,000
BENEFICIAL INTEREST$68,848
OTHER ASSET$550
FieldValueIRS element (for citing)
Total Book Value Other Assets$11,114,398TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$1,114,565TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal$1,114,565RevenueSubtotalAmt
Other Revenues Not Included$1,360OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,360RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,115,925TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,105,348TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,105,348ExpensesSubtotalAmt
Other Expenses Not Included-$5,679OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt-$5,679ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,099,669TotalExpensesPerForm990Amt

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 4BGAIN ON INVESTMENT NETTED WITH LOSS 209 INVESTMENT FEES NETTED WITH INCOME 1,151
SCHEDULE D, PAGE 4, PART XII, LINE 4BLOSS ON INVESTMENTS -6,830 INVESTMENT FEES NETTED WITH REVENUE 1,151

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 TypeRENTAL/MORTGAGE ASSISTGrantTypeTxt
Recipient40RecipientCnt
Cash Grant$104,346CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
ExplanationTHE GRANT FOR GRADS PROGRAM IS MONITORED BY THE AFFORDABLE HOUSING CORPORATION IN MARION INDIANA. ON A MONTHLY BASIS THE GROWTH COUNCIL GETS A REPORT FROM THEM THAT SHOWS HOW MANY PEOPLE HAVE RECEIVED THE FUNDS, WHO IS WAITING, AND WHO WAS REJECTED/CANCELLED. THE GROWTH COUNCIL SHARES THAT REPORT WITH ITS BOARD EACH MONTH. ON A YEARLY BASIS THOSE REPORTS ARE COMBINED INTO AN OVERVIEW WHICH IS THEN REVIEWED BY THE GROWTH COUNCIL'S STRATEGY AND EVALUATION COMMITTEE. THE COMMITTEE MAKES RECOMMENDATIONS TO THE BOARD IF ANY CHANGES ARE NECESSARY TO MAKE THE PROGRAM BETTER.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ATHE GRANT COUNTY ECONOMIC GROWTH COUNCIL'S MISSION "IS TO FACILITATE INVESTMENT AND REINVESTMENT FOR JOB RETENTION AND CREATION" IN 2018 THE GROWTH COUNCIL BROADENED ITS EFFORT TO ATTRACT AND RETAIN TALENT BY HOSTING THE FIRST COMMUNITY DIALOGUE "WHY MARION" WHICH WAS A SHARING OF STORIES OF YOUNG PROFESSIONALS WHO DECIDED TO LIVE HERE AND WHOSE CAREERS HAVE BLOSSOMED. ADDITIONAL THE GROWTH COUNCIL HOSTED A MARKETING EVENT HIGHLIGHTING THE BUILDING OPPORTUNITIES IN DOWNTOWN MARION. THIS EVENT ATTRACT 15 DEVELOPERS FROM INDIANAPOLIS. THE GROWTH COUNCIL RECOGNIZED 43 FIRMS THAT REINVESTED IN GRANT COUNTY DURING 2018 AND WORKED TO IMPROVE THE TALENT POOL BY SPONSORING A 180-HOUR TRAINING PROGRAM FOR INDUSTRIAL MACHINE MAINTENANCE AT IVY TECH COMMUNITY COLLEGE WITH 31 INDIVIDUALS SUCCESSFULLY COMPLETING THE INTENSIVE TRAINING. 2018 SAW THE GROWTH COUNCIL LAUNCH THE FIRST CAREER/JOB FAIR FOR HIGH SCHOOL STUDENTS. THE PARTICIPANTS RECEIVED TRAINING ON INTERVIEW TECHNIQUES AS WELL AS ASSISTANCE IN CREATING A RESUME. 20 LOCAL COMPANIES PARTICIPATED IN THE JOB FAIR. RECOGNIZING THE IMPORTANCE OF FOSTERING AN ENTREPRENEURIAL ECOSYSTEM THE GROWTH COUNCIL HOSTED THE 12TH I69 COLLEGE INNOVATION CHALLENGE. THE 2018 COMPETITION INVOLVED GRACE COLLEGE, TAYLOR UNIVERSITY, INDIANA WESLEYAN UNIVERSITY, IVY TECH COMMUNITY COLLEGE, AND ANDERSON UNIVERSITY. THIS YEAR'S SOCIAL PROBLEM FOR WHICH THEY HAD TO DEVELOP A FOR-PROFIT SOLUTION WAS THE CHALLENGE OF INCREASING WORKFORCE PARTICIPATION. GRANT FOR GRADS IS A HOUSING ASSISTANCE PROGRAM CREATED BY THE GRANT COUNTY ECONOMIC GROWTH COUNCIL AND ADMINISTERED BY AFFORDABLE HOUSING & COMMUNITY DEVELOPMENT CORPORATION (AHC). THIS PROGRAM IS SPECIFICALLY FOR GRADUATES WITH AN ASSOCIATES DEGREE OR HIGHER WHO ARE CHOOSING TO LIVE AND WORK IN GRANT COUNTY. TWENTY ONE HOUSEHOLDS RECEIVED FUNDING TO HELP WITH THE DOWNPAYMENT OR CLOSING COSTS FOR PURCHASING A HOME IN GRANT COUNTY. NINETEEN HOUSEHOLDS RECEIVED RENTAL ASSISTANCE. THESE 40 RECIPIENTS ARE EMPLOYED BY 20 UNIQUE LOCAL FIRMS. THESE ACHIEVEMENTS WERE THE RESULTS OF LEVERAGING 50 VOLUNTEERS.
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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