GRANT COUNTY ECONOMIC GROWTH COUNCIL INC: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
GRANT COUNTY ECONOMIC GROWTH COUNCIL INC (EIN 35-1589550)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-21
IRS object ID
201801419349300205
Schema version
2017v2.3
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)
Return2018-05-21T07:59:25-05:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

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 Begin2017-01-01TaxPeriodBeginDt

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
Signature2018-04-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSUSAN A BERGHOFF CPAPreparerPersonNm
PTINP00184871PTIN
Phone2604232414PhoneNum
Preparation2018-05-21PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

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$1,118,550GrossReceiptsAmt
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 Employee7TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$464,203PYContributionsGrantsAmt
CY Contributions Grants$462,132CYContributionsGrantsAmt
PY Program Service Revenue$24,278PYProgramServiceRevenueAmt
CY Program Service Revenue$12,561CYProgramServiceRevenueAmt
PY Investment Income$639,491PYInvestmentIncomeAmt
CY Investment Income$640,543CYInvestmentIncomeAmt
PY Other Revenue$2,971PYOtherRevenueAmt
CY Other Revenue$3,314CYOtherRevenueAmt
PY Total Revenue$1,130,943PYTotalRevenueAmt
CY Total Revenue$1,118,550CYTotalRevenueAmt
PY Grants And Similar Paid$108,915PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$90,387CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$194,325PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$190,180CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$18,064CYTotalFundraisingExpenseAmt
PY Other Expenses$843,816PYOtherExpensesAmt
CY Other Expenses$789,913CYOtherExpensesAmt
PY Total Expenses$1,147,056PYTotalExpensesAmt
CY Total Expenses$1,070,480CYTotalExpensesAmt
PY Revenues Less Expenses-$16,113PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$48,070CYRevenuesLessExpensesAmt
Total Assets BOY$12,055,887TotalAssetsBOYAmt
Total Assets EOY$11,835,011TotalAssetsEOYAmt
Total Liabilities BOY$11,644,913TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,378,813TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$410,974NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$456,198NetAssetsOrFundBalancesEOYAmt
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$996,454ExpenseAmt
Grant$90,387GrantAmt
Revenue$12,561RevenueAmt
DescTHE GRANT COUNTY ECONOMIC GROWTH COUNCIL'S MISSION "IS TO FACILITATE INVESTMENT AND REINVESTMENT FOR JOB RETENTION AND CREATION" IN 2017, THE GROWTH COUNCIL LEAD THE EFFORT TO BRING CANADIAN AUTO PARTS MANUFACTURER AVG, AN ALABAMA HIGHWAY STRIPING MATERIALS MANUFACTURER OZARK MATERIALS, AND INDIANA TRAILER MANUFACTURER STEALTH TRAILERS TO ESTABLISH NEW FACILITIES IN GRANT COUNTY. THE GROWTH COUNCIL RECOGNIZED 73 FIRMS THAT REINVESTED IN GRANT COUNTY DURING 2017 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. 2017 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 11TH I69 COLLEGE INNOVATION CHALLENGE. THE 2017 COMPETITION INVOLVED GRACE COLLEGE, TAYLOR UNIVERSITY, INDIANA WESLEYAN UNIVERSITY, IVY TECH COMMUNITY COLLEGE, AND HUNTINGTON UNIVERSITY. THIS YEAR'S SOCIAL PROBLEM FOR WHICH THEY HAD TO DEVELOP A FOR PROFIT SOLUTION WAS THE CHALLENGE OF ATTRACTING AND RETAINING TALENT IN EAST CENTRAL INDIANA. GRANT FOR GRADS, THE GROWTH COUNCIL'S HOME PURCHASING PROGRAM FOR COLLEGE GRADUATES ACCEPTING A JOB IN GRANT COUNTY SERVED 24 HOUSEHOLDS. THESE 24 RECIPIENTS ARE EMPLOYED BY 18 UNIQUE LOCAL FIRMS. THESE ACHIEVEMENTS WERE THE RESULTS OF LEVERAGING 50 VOLUNTEERS.Desc
Total Program Service Expenses$996,454TotalProgramServiceExpensesAmt
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 Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee7EmployeeCnt
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
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 (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
DAVE ABERNATHY
DIRECTOR1.00Yes (X)$0$0$0
SCOTT ADAMS
VP STRATEGY1.00Yes (X)$0$0$0Yes (X)
MAYOR JESS ALUMBAUGH
DIRECTOR1.00Yes (X)$0$0$0
JEFFRY AUPPERLE
DIRECTOR1.00Yes (X)$0$0$0
MARK BARDSLEY
DIRECTOR1.00Yes (X)$0$0$0
MICHELLE BUNKER
DIRECTOR1.00Yes (X)$0$0$0
BRETT CAREY
PRESIDENT EL1.00Yes (X)$0$0$0Yes (X)
AARON CAUDELL
DIRECTOR1.00Yes (X)$0$0$0
TERRY CHENEY
DIRECTOR1.00Yes (X)$0$0$0
ANNE DUNCAN
VP RESOURCE1.00Yes (X)$0$0$0Yes (X)
TOM GALLAGHER
DIRECTOR1.00Yes (X)$0$0$0
BILL GARTLAND
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
KYLE HAWKINS
DIRECTOR1.00Yes (X)$0$0$0
PHIL HERRING
DIRECTOR1.00Yes (X)$0$0$0
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
SHANE NEVERS
DIRECTOR1.00Yes (X)$0$0$0
KEITH NEWMAN
DIRECTOR1.00Yes (X)$0$0$0
JODY POMEROY
DIRECTOR1.00Yes (X)$0$0$0
WENDY PUFFER
DIRECTOR1.00Yes (X)$0$0$0
ADRIENNE RINES
DIRECTOR1.00Yes (X)$0$0$0
RANDY 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
JAKE WAKEFIELD
DIRECTOR1.00Yes (X)$0$0$0
TIMOTHY ECKERLE
EXECUTIVE DI40.00$94,860$0$1,981Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$94,860TotalReportableCompFromOrgAmt
Total Other Compensation$1,981TotalOtherCompensationAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$352,298GovernmentGrantsAmt
All Other Contributions$109,834AllOtherContributionsAmt
Total Contributions$462,132TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSPECIAL PROJECTSDesc
Business900099BusinessCd
Total Revenue Column$12,561TotalRevenueColumnAmt
Related Or Exempt Func Income$12,561RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$12,561TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$633,002TotalRevenueColumnAmt
Exclusion$633,002ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$3,000RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$3,000RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,000TotalRevenueColumnAmt
Exclusion$3,000ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$7,541SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$7,541SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,541TotalRevenueColumnAmt
Exclusion$7,541ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$314TotalRevenueColumnAmt
Related Or Exempt Func Income$314RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$314OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,118,550TotalRevenueColumnAmt
Related Or Exempt Func Income$12,875RelatedOrExemptFuncIncomeAmt
Exclusion$643,543ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$90,387TotalAmt
Program Services$90,387ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$96,841TotalAmt
Program Services$67,789ProgramServicesAmt
Management And General$19,368ManagementAndGeneralAmt
Fundraising$9,684FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$74,661TotalAmt
Program Services$61,132ProgramServicesAmt
Management And General$9,232ManagementAndGeneralAmt
Fundraising$4,297FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,324TotalAmt
Program Services$3,356ProgramServicesAmt
Management And General$653ManagementAndGeneralAmt
Fundraising$315FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$14,354TotalAmt
Program Services$10,799ProgramServicesAmt
Management And General$2,388ManagementAndGeneralAmt
Fundraising$1,167FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$4,756TotalAmt
Management And General$4,756ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$14,158TotalAmt
Management And General$14,158ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$16,222TotalAmt
Program Services$16,222ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,635TotalAmt
Program Services$8,080ProgramServicesAmt
Management And General$2,388ManagementAndGeneralAmt
Fundraising$1,167FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,771TotalAmt
Program Services$12,771ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Program Services$13,438ProgramServicesAmt
Management And General$1,049ManagementAndGeneralAmt
Fundraising$513FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$30,649TotalAmt
Program Services$30,649ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,230TotalAmt
Program Services$9,230ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$627,218TotalAmt
Program Services$627,218ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,157TotalAmt
Program Services$3,880ProgramServicesAmt
Management And General$858ManagementAndGeneralAmt
Fundraising$419FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,004TotalAmt
Program Services$3,764ProgramServicesAmt
Management And General$833ManagementAndGeneralAmt
Fundraising$407FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SPECIAL PROJECTS$25,870$25,870
DUES AND SUBSCRIPTIONS$10,991$10,991
MISCELLANEOUS$1,167$878$194$95
BAD DEBT EXPENSE$85$85

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,070,480TotalAmt
Program Services$996,454ProgramServicesAmt
Management And General$55,962ManagementAndGeneralAmt
Fundraising$18,064FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$202,279BOYAmt
EOY$210,532EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$6,341BOYAmt
EOY$25,754EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$47,522BOYAmt
EOY$60,253EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,695BOYAmt
EOY$1,560EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$154,594LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$36,773LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$100,027BOYAmt
EOY$117,821EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,698,023BOYAmt
EOY$11,419,091EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,055,887BOYAmt
EOY$11,835,011EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,913BOYAmt
EOY$33,813EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$11,630,000BOYAmt
EOY$11,345,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,644,913BOYAmt
EOY$11,378,813EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$201,087BOYAmt
EOY$252,182EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$26,874BOYAmt
EOY$19,503EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$183,013BOYAmt
EOY$184,513EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$410,974BOYAmt
EOY$456,198EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,055,887BOYAmt
EOY$11,835,011EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$48,070ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$2,846NetUnrlzdGainsLossesInvstAmt
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$507,536CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$802,955CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$474,722CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$464,203CurrentTaxYearMinus1YearAmt
Current Tax Year$462,132CurrentTaxYearAmt
Total$2,711,548TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$507,536CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$802,955CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$474,722CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$464,203CurrentTaxYearMinus1YearAmt
Current Tax Year$462,132CurrentTaxYearAmt
Total$2,711,548TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$274,900SubstantialContributorsTotAmt
Public Support Total170$2,436,648PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,087CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,702CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$645,983CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$642,354CurrentTaxYearMinus1YearAmt
Current Tax Year$636,002CurrentTaxYearAmt
Total$1,943,128TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$314CurrentTaxYearAmt
Total$314TotalAmt
FieldValueIRS element (for citing)
Total Support$4,654,990TotalSupportAmt
Gross Receipts Rltd Activities$105,209GrossReceiptsRltdActivitiesAmt
Public Support CY1700.52340PublicSupportCY170Pct
Public Support PY1700.59460PublicSupportPY170Pct
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 314ExplanationTxt

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$67,473BeginningYearBalanceAmt
Investment Earnings Or Losses$6,715InvestmentEarningsOrLossesAmt
Administrative Expenses$647AdministrativeExpensesAmt
End Year Balance$73,541EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$84,367BeginningYearBalanceAmt
Investment Earnings Or Losses$21,098InvestmentEarningsOrLossesAmt
Other Expenditures$5,875OtherExpendituresAmt
Administrative Expenses$2,355AdministrativeExpensesAmt
End Year Balance$97,235EndYearBalanceAmt
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$59,095OtherCostOrOtherBasisAmt
Depreciation$36,773DepreciationAmt
Book Value$22,322BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$117,821TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
NET INVEST. IN DIRECT FINANCE LEASE$11,345,000
BENEFICIAL INTEREST$73,541
OTHER ASSET$550
FieldValueIRS element (for citing)
Total Book Value Other Assets$11,419,091TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$1,115,704TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$2,846NetUnrealizedGainsInvstAmt
Revenue Not Reported-$2,846RevenueNotReportedAmt
Revenue Subtotal$1,118,550RevenueSubtotalAmt
Total Revenue Per Form990$1,118,550TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,070,480TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,070,480ExpensesSubtotalAmt
Total Expenses Per Form990$1,070,480TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

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

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
RENTAL/MORTGAGE ASSIST24$85,887
BILL REA SCHOLARSHIP4$4,500

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 4A2017 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 11TH I69 COLLEGE INNOVATION CHALLENGE. THE 2017 COMPETITION INVOLVED GRACE COLLEGE, TAYLOR UNIVERSITY, INDIANA WESLEYAN UNIVERSITY, IVY TECH COMMUNITY COLLEGE, AND HUNTINGTON UNIVERSITY. THIS YEAR'S SOCIAL PROBLEM FOR WHICH THEY HAD TO DEVELOP A FOR PROFIT SOLUTION WAS THE CHALLENGE OF ATTRACTING AND RETAINING TALENT IN EAST CENTRAL INDIANA. GRANT FOR GRADS, THE GROWTH COUNCIL'S HOME PURCHASING PROGRAM FOR COLLEGE GRADUATES ACCEPTING A JOB IN GRANT COUNTY SERVED 24 HOUSEHOLDS. THESE 24 RECIPIENTS ARE EMPLOYED BY 18 UNIQUE LOCAL FIRMS. THESE ACHIEVEMENTS WERE THE RESULTS OF LEVERAGING 50 VOLUNTEERS.
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 WILL BE APPROVED BY THE EXECUTIVE COMMITTEE BEFORE 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.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.