2017-05-19T06:13:48-05:00 2016-12-31 351344820 DULIN WARD & DEWALD INC 9921 DUPONT CIRCLE DR W 300 FORT WAYNE IN 468251610 990 2016-01-01 351589550 GRANT COUNTY ECONOMIC GROWTH COUNCIL INC GRAN 7656620650 301 S ADAMS STREET MARION IN 46952 TIMOTHY ECKERLE EXECUTIVE DIRECTOR 7656620650 2017-05-16 true SUSAN A BERGHOFF CPA P00184871 2604232414 2017-05-19 9104DBFCFF0EE4AADF909BBDFBE46873B0FA1EB7 9104DBFCFF0EE4AADF909BBDFBE46873B0FA1EB7 2016 2021-01-29 14:40:06Z TIMOTHY ECKERLE 301 S ADAMS ST MARION IN 46952 1130956 false X GRANTCOUNTY.COM X 1984 IN THE 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. 30 30 5 5060 0 474722 464203 24414 24278 643393 639491 115 2971 1142644 1130943 185953 108915 0 180688 194325 0 18324 811494 843816 1178135 1147056 -35491 -16113 12078405 12055887 11654407 11644913 423998 410974 X THE MISSION OF GRANT COUNTY ECONOMIC GROWTH COUNCIL IS TO FACILITATE INVESTMENT AND REINVESTMENT FOR JOB RETENTION AND CREATION. false false 1072027 108915 24278 THE GRANT COUNTY ECONOMIC GROWTH COUNCIL'S SOLE MISSION "IS TO FACILITATE INVESTMENT AND REINVESTMENT FOR JOB RETENTION OR CREATION". IN CARRYING OUT THE MISSION THE ORGANIZATION FOCUSES ON ATTRACTING NEW BUSINESS TO THE COMMUNITY, HELPING EXISTING FIRMS TO GROW AND TO ASSIST IN LAUNCHING NEW FIRMS. IN 2016, 34 EXISTING FIRMS WERE AIDED BY THE ORGANIZATION RANGING FROM 3 EMPLOYEES TO 1400 EMPLOYEES. THE GROWTH COUNCIL OWNS 16 ACRES FOR FUTURE DEVELOPMENT. THE GRANT FOR GRADS PROJECT (THE PROJECT) PROVIDES FINANCIAL ASSISTANCE TO GRADUATES OF UNIVERSITIES, COLLEGES, OR TECHNICAL SCHOOLS WHO AGREE TO LIVE AND WORK IN GRANT COUNTY. THE PROJECT BRINGS LOCAL BUSINESS OWNERS, REALTORS, AND LANDLORDS TOGETHER TO REDUCE THE COST OF LIVING FOR GRADUATES WORKING IN THE COMMUNITY. GRANT FOR GRADS IS AN INITIATIVE OF THE GRANT COUNTY ECONOMIC GROWTH COUNCIL THAT IS ADMINISTERED BY AFFORDABLE HOUSING & COMMUNITY DEVELOPMENT CORPORATION. TOGETHER, THESE ORGANIZATIONS ARE WORKING TO MAKE GRANT COUNTY A BETTER PLACE TO "LIVE, WORK, PLAY, AND STAY", AS THE PROGRAM MOTTO DESCRIBES. THE PROJECT PROVIDES EMPLOYERS WITH SKILLED WORKERS, LANDLORDS WITH RESPONSIBLE AND GAINFULLY EMPLOYED TENANTS, AND REALTORS WITH A LARGER CLIENT BASE. HAVING AN ABUNDANCE OF EDUCATED WORKERS IN THE AREA ALSO PROVIDES INCENTIVES TO BUSINESSES LOOKING TO RELOCATE OR START UP IN GRANT COUNTY. DURING 2016 THE GROWTH COUNCIL ASSISTED 39 HOUSEHOLD INDIVIDUALS WITH THE PURCHASE OF A HOME OR RENTAL ASSISTANCE. THESE 39 HOUSEHOLDS REPRESENTED 1,549,000 OF NEW HOUSEHOLD INCOME TO GRANT COUNTY AND BROUGHT 14 NEW SCHOOL AGE CHILDREN TO THE COMMUNITY. THE GROWTH COUNCIL HAS A REVOLVING LOAN FUND FOR LOCAL BUSINESSES IN GRANT COUNTY TO ASSIST WITH ACQUISITION AND DEVELOPMENT OF LAND; CONSTRUCTION, REPAIRS OR MODERNIZATION OF BUILDINGS AND EQUIPMENT; AND/OR STARTUP OPERATING COSTS AND WORKING CAPITAL. THE REVOLVING LOAN FUND, WORKING WITH GRANT COUNTY STATE BANK, ENABLED THE BRIDGE, COFFEE SHOP, IN UPLAND TO PURCHASE THEIR BUILDING THUS INSURING THEIR CONTINUED GROWTH. IN 2014 THE GROWTH COUNCIL LAUNCHED GRANT'S GOT TALENT A COLLABORATION WITH IVY TECH COMMUNITY COLLEGE OF INDIANA AND WORKONE NORTHEAST, INDIANA'S WORKFORCE DEVELOPMENT GROUP. THE GOAL OF GRANT'S GOT TALENT IS AN INITIATIVE DERIVED FROM A GROUP OF REGIONAL MANUFACTURERS AND COMMUNITY LEADERS TO ADDRESS THE SKILLS GAP MANUFACTURERS ARE ENCOUNTER IN POTENTIAL EMPLOYEES IN EAST-CENTRAL INDIANA. THE GOAL IS TO INCREASE THE EMPLOYABILITY OF OUR RESIDENTS AND PROVIDE THE INDUSTRY WITH AN EMPLOYMENT POOL OF CANDIDATES THAT WILL HELP TO INCREASE THEIR PROFITABILITY AND DECREASE TURNOVER. IN 2015 THE GROWTH COUNCIL SUCCESSFULLY SECURED A 250,000 GRANT FROM THE INDIANA OFFICE OF COMMUNITY AND RURAL AFFAIRS ALLOWING THE PROGRAM TO EXPAND ITS OFFERING TO INCLUDE HIGHER SKILLED INDUSTRIAL TECHNOLOGY POSITIONS. IN 2016 THE PROGRAM BEGAN TRAINING 12 PARTICIPANTS IN INDUSTRIAL MAINTENANCE. YOUNG ENTREPRENEURS PROGRAM CELEBRATED ITS SIXTH YEAR IN 2016. THE YOUNG ENTREPRENEURS PROGRAM IS A TEN WEEK PROGRAM FOR 30 HIGH SCHOOLS STUDENTS DEVELOPED AND OPERATED BY THE GROWTH COUNCIL. THE PROGRAM PROVIDES THE STUDENTS WITH EXPOSURE TO LOCAL BUSINESS LEADERS AS THEY LEARN WHAT IT TAKES TO CREATE A SUCCESSFUL BUSINESS PLAN. THE PROGRAM CULMINATES IN A COMPETITION WITH THE WINNING TEAM MEMBERS RECEIVING COLLEGE SCHOLARSHIPS. 1072027 true true false false false false false false false true true false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 5 0 true 5 true false false false false false false false false false false X 30 30 false false false false false false false true true false false true true true true true true true false false IN X X TIMOTHY K ECKERLE 7656620650 301 S ADAMS STREET MARION IN 46952 SCOTT ADAMS VP STRATEGY 1.00 X X 0 0 0 JEFFRY AUPPERLE DIRECTOR 1.00 X 0 0 0 MARK BARDSLEY DIRECTOR 1.00 X 0 0 0 DAVE ABERNATHY DIRECTOR 1.00 X 0 0 0 WHTINEY BOWERS PYLE DIRECTOR 1.00 X 0 0 0 MICHELLE BUNKER DIRECTOR 1.00 X 0 0 0 ANNE DUNCAN VP RESOURCE 1.00 X X 0 0 0 AARON CAUDELL DIRECTOR 1.00 X 0 0 0 TERRY CHENEY DIRECTOR 1.00 X 0 0 0 CAITLIN FINCH DIRECTOR 1.00 X 0 0 0 ADRIENNE RINES DIRECTOR 1.00 X 0 0 0 BILL GARTLAND PRESIDENT EL 1.00 X X 0 0 0 MAYOR LARRY LEACH DIRECTOR 1.00 X 0 0 0 TOM GALLAGHER DIRECTOR 1.00 X 0 0 0 DAVE LOER DIRECTOR 1.00 X 0 0 0 JOSH MATCHETTE TREASURER 1.00 X X 0 0 0 KYLE HAWKINS DIRECTOR 1.00 X 0 0 0 SCOTT MURPHY DIRECTOR 1.00 X 0 0 0 KEITH NEWMAN DIRECTOR 1.00 X 0 0 0 SHANE NEVERS DIRECTOR 1.00 X 0 0 0 TADE POWELL VP MARKETING 1.00 X X 0 0 0 DAVE HOMER DIRECTOR 1.00 X 0 0 0 MAYOR JESS ALUMBAUGH DIRECTOR 1.00 X 0 0 0 BRETT CAREY DIRECTOR 1.00 X 0 0 0 TIM STREET PRESIDENT 1.00 X X 0 0 0 KAREN TURNER PAST PRESIDE 1.00 X X 0 0 0 KELLY TURNER DIRECTOR 1.00 X 0 0 0 ANN VERMILION DIRECTOR 1.00 X 0 0 0 ALEX HUSKEY DIRECTOR 1.00 X 0 0 0 JIM MCWHIRT DIRECTOR 1.00 X 0 0 0 RANDY SNEED DIRECTOR 1.00 X 0 0 0 TIMOTHY ECKERLE EXECUTIVE DI 40.00 X 94860 0 2770 94860 2770 false false false 367322 96881 464203 SPECIAL PROJECTS 900099 24278 24278 24278 639504 639504 2850 2850 2850 2850 13 -13 -13 -13 MISCELLANEOUS 900099 121 121 121 1130943 24399 642341 108915 108915 97630 68341 19526 9763 78235 65203 9005 4027 3396 2749 443 204 15064 11453 2435 1176 7844 7844 10921 10921 38524 37925 404 195 11626 8840 1879 907 17297 17297 15000 11405 2424 1171 34278 34278 15628 15628 634998 634998 3843 2922 621 300 4691 3213 997 481 SPECIAL PROJECTS 32588 32588 DUES AND SUBSCRIPTIONS 15192 15192 MISCELLANEOUS 1276 970 206 100 BAD DEBT EXPENSE 110 110 1147056 1072027 56705 18324 293645 202279 23839 6341 34550 47522 6420 1695 131643 31616 8371 100027 11711580 11698023 12078405 12055887 24407 14913 11630000 11630000 11654407 11644913 X 168293 201087 39586 26874 216119 183013 423998 410974 12078405 12055887 -16113 4462 -1373 X false true X true false X 396486 507536 802955 474722 464203 2645902 396486 507536 802955 474722 464203 2645902 288710 2357192 11491 7087 11702 645983 642354 1318617 3964519 225317 0.59460 0.69950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81030 6228 19269 516 67473 94061 -3839 6500 2692 81030 97235 5735 6248 2661 94061 84367 21098 5875 2355 97235 76195 25 13397 5250 84367 1.00000 true false 95499 95499 36144 31616 4528 100027 NET INVEST. IN DIRECT FINANCE LEASE 11630000 BENEFICIAL INTEREST 67473 OTHER ASSET 550 11698023 1135405 4462 4462 1130943 1130943 1147056 1147056 1147056 SCHEDULE D, PAGE 2, PART V, LINE 4 SUPPORT ACTIVITIES OF THE COUNCIL. DURING 2016 THE GRANT COMMUNITY FOUNDATION CORRECTED AN ERROR IN HOW THE FUNDS HELD WERE CATAGORIZED RESULTING IN AN ADJUSTMENT TO THE ACCOUNT. THE ADJUSTMENT REDUCED THE FUNDS RECORDED ON THE BOOKS OF GROWTH COUNCIL BY 19,269. true RENTAL/MORTGAGE ASSIST 39 96603 BILL REA SCHOLARSHIP 8 12312 SCHEDULE I, PAGE 1, PART I, LINE 2 THE 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. FORM 990, PAGE 2, PART III, LINE 4A REALTORS, AND LANDLORDS TOGETHER TO REDUCE THE COST OF LIVING FOR GRADUATES WORKING IN THE COMMUNITY. GRANT FOR GRADS IS AN INITIATIVE OF THE GRANT COUNTY ECONOMIC GROWTH COUNCIL THAT IS ADMINISTERED BY AFFORDABLE HOUSING & COMMUNITY DEVELOPMENT CORPORATION. TOGETHER, THESE ORGANIZATIONS ARE WORKING TO MAKE GRANT COUNTY A BETTER PLACE TO "LIVE, WORK, PLAY, AND STAY", AS THE PROGRAM MOTTO DESCRIBES. THE PROJECT PROVIDES EMPLOYERS WITH SKILLED WORKERS, LANDLORDS WITH RESPONSIBLE AND GAINFULLY EMPLOYED TENANTS, AND REALTORS WITH A LARGER CLIENT BASE. HAVING AN ABUNDANCE OF EDUCATED WORKERS IN THE AREA ALSO PROVIDES INCENTIVES TO BUSINESSES LOOKING TO RELOCATE OR START UP IN GRANT COUNTY. DURING 2016 THE GROWTH COUNCIL ASSISTED 39 HOUSEHOLD INDIVIDUALS WITH THE PURCHASE OF A HOME OR RENTAL ASSISTANCE. THESE 39 HOUSEHOLDS REPRESENTED 1,549,000 OF NEW HOUSEHOLD INCOME TO GRANT COUNTY AND BROUGHT 14 NEW SCHOOL AGE CHILDREN TO THE COMMUNITY. THE GROWTH COUNCIL HAS A REVOLVING LOAN FUND FOR LOCAL BUSINESSES IN GRANT COUNTY TO ASSIST WITH ACQUISITION AND DEVELOPMENT OF LAND; CONSTRUCTION, REPAIRS OR MODERNIZATION OF BUILDINGS AND EQUIPMENT; AND/OR STARTUP OPERATING COSTS AND WORKING CAPITAL. THE REVOLVING LOAN FUND, WORKING WITH GRANT COUNTY STATE BANK, ENABLED THE BRIDGE, COFFEE SHOP, IN UPLAND TO PURCHASE THEIR BUILDING THUS INSURING THEIR CONTINUED GROWTH. IN 2014 THE GROWTH COUNCIL LAUNCHED GRANT'S GOT TALENT A COLLABORATION WITH IVY TECH COMMUNITY COLLEGE OF INDIANA AND WORKONE NORTHEAST, INDIANA'S WORKFORCE DEVELOPMENT GROUP. THE GOAL OF GRANT'S GOT TALENT IS AN INITIATIVE DERIVED FROM A GROUP OF REGIONAL MANUFACTURERS AND COMMUNITY LEADERS TO ADDRESS THE SKILLS GAP MANUFACTURERS ARE ENCOUNTER IN POTENTIAL EMPLOYEES IN EAST-CENTRAL INDIANA. THE GOAL IS TO INCREASE THE EMPLOYABILITY OF OUR RESIDENTS AND PROVIDE THE INDUSTRY WITH AN EMPLOYMENT POOL OF CANDIDATES THAT WILL HELP TO INCREASE THEIR PROFITABILITY AND DECREASE TURNOVER. IN 2015 THE GROWTH COUNCIL SUCCESSFULLY SECURED A 250,000 GRANT FROM THE INDIANA OFFICE OF COMMUNITY AND RURAL AFFAIRS ALLOWING THE PROGRAM TO EXPAND ITS OFFERING TO INCLUDE HIGHER SKILLED INDUSTRIAL TECHNOLOGY POSITIONS. IN 2016 THE PROGRAM BEGAN TRAINING 12 PARTICIPANTS IN INDUSTRIAL MAINTENANCE. YOUNG ENTREPRENEURS PROGRAM CELEBRATED ITS SIXTH YEAR IN 2016. THE YOUNG ENTREPRENEURS PROGRAM IS A TEN WEEK PROGRAM FOR 30 HIGH SCHOOLS STUDENTS DEVELOPED AND OPERATED BY THE GROWTH COUNCIL. THE PROGRAM PROVIDES THE STUDENTS WITH EXPOSURE TO LOCAL BUSINESS LEADERS AS THEY LEARN WHAT IT TAKES TO CREATE A SUCCESSFUL BUSINESS PLAN. THE PROGRAM CULMINATES IN A COMPETITION WITH THE WINNING TEAM MEMBERS RECEIVING COLLEGE SCHOLARSHIPS. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 WILL BE APPROVED BY THE EXECUTIVE COMMITTEE BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C WHENEVER 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 15A THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 18 IRS FORM 990 FOR THE LAST THREE YEARS IS POSTED ON GUIDESTAR.ORG. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST DURING REGULAR BUSINESS HOURS.