GRANT COUNTY ECONOMIC GROWTH COUNCIL INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
GRANT COUNTY ECONOMIC GROWTH COUNCIL INC (EIN 35-1589550)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-03-25
IRS object ID
201540849349300404
Schema version
2014v5.0
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)
Return2015-03-25T10:31:43-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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)
PersonTIM ECKERLEPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7656620650PhoneNum
Signature2015-03-20SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ NELSON COATS CPAPreparerPersonNm
PTINP01344872PTIN
Phone2604232414PhoneNum
Preparation2015-03-25PreparationDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTIMOTHY K ECKERLEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 S ADAMS STREETAddressLine1Txt
CityMARIONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46952ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$848,512GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressGRANTCOUNTY.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1984FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE MISSION OF GRANT COUNTY ECONOMIC GROWTH COUNCIL IS TO FACILITATE INVESTMENT AND REINVESTMENT FOR JOB RETENTION AND CREATION.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent28VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers51TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$507,536PYContributionsGrantsAmt
CY Contributions Grants$802,955CYContributionsGrantsAmt
PY Program Service Revenue$21,337PYProgramServiceRevenueAmt
CY Program Service Revenue$28,858CYProgramServiceRevenueAmt
PY Investment Income$6,779PYInvestmentIncomeAmt
CY Investment Income$14,021CYInvestmentIncomeAmt
PY Other Revenue$165PYOtherRevenueAmt
CY Other Revenue$2,678CYOtherRevenueAmt
PY Total Revenue$535,817PYTotalRevenueAmt
CY Total Revenue$848,512CYTotalRevenueAmt
PY Grants And Similar Paid$6,375,747PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$368,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$190,093PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$197,779CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$16,754CYTotalFundraisingExpenseAmt
PY Other Expenses$842,702PYOtherExpensesAmt
CY Other Expenses$1,006,138CYOtherExpensesAmt
PY Total Expenses$7,408,542PYTotalExpensesAmt
CY Total Expenses$1,571,917CYTotalExpensesAmt
PY Revenues Less Expenses-$6,872,725PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$723,405CYRevenuesLessExpensesAmt
Total Assets BOY$5,833,475TotalAssetsBOYAmt
Total Assets EOY$5,105,517TotalAssetsEOYAmt
Total Liabilities BOY$12,079,419TotalLiabilitiesBOYAmt
Total Liabilities EOY$11,932,549TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$6,245,944NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$6,827,032NetAssetsOrFundBalancesEOYAmt
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$1,486,759ExpenseAmt
Grant$368,000GrantAmt
Revenue$26,008RevenueAmt
DescGRANT COUNTY ECONOMIC GROWTH COUNCIL ENABLES THE CREATION AND RETENTION OF JOBS BY ATTRACTING NEW BUSINESSES TO GRANT COUNTY AND HELPING EXISTING GRANT COUNTY BUSINESSES EXPAND. IN 2014 THE GRANT COUNTY ECONOMIC GROWTH COUNCIL ASSISTED THE CITY OF MARION'S EFFORT TO RETAIN AND EXPAND DUNHAM'S SPORTS DISTRIBUTION CENTER RETAINING 252 JOBS AND BRING ABOUT A 33 MILLION INVESTMENT AND 135 NEW JOBS TO GRANT COUNTY. THE GROWTH COUNCIL ALSO ASSISTED THE GRANT COUNTY COMMISSIONERS IN 2014 BY PURCHASING AND GRANTING REAL ESTATE FOR REDEVELOPMENT PURPOSES. THE GROWTH COUNCIL ALSO HOLDS APPROXIMATELY 42.5 ACRES OF LAND AND BUILDINGS IN THE CITY OF MARION,WHICH WERE PURCHASED IN 2013, FOR FUTURE REDEVELOPMENT. 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 2014 THE GROWTH COUNCIL ASSISTED 33 HOUSEHOLD INDIVIDUALS WITH THE PURCHASE OF A HOME OR RENTAL ASSISTANCE. THESE 33 HOUSEHOLDS REPRESENTED 1,900,000 OF NEW HOUSEHOLD INCOME TO GRANT COUNTY. 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 COUNCIL CURRENTLY LOANS FUNDS TO FOUR GRANT COUNTY BUSINESSES. 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 2014 16 INDIVIDUALS GRADUATED FROM THE PROGRAM.Desc
Total Program Service Expenses$1,486,759TotalProgramServiceExpensesAmt
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 LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
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 OrganizationsYes (true)GrantsToOrganizationsInd
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 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
Employee6EmployeeCnt
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 Members28GoverningBodyVotingMembersCnt
Independent Voting Member28IndependentVotingMemberCnt
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 (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SCOTT ADAMS
DIRECTOR1.00Yes (X)$0$0$0
JEFFRY AUPPERLE
DIRECTOR1.00Yes (X)$0$0$0
MARK BARDSLEY
DIRECTOR1.00Yes (X)$0$0$0
CHRIS BENNETT
DIRECTOR1.00Yes (X)$0$0$0
WHTINEY BOWERS PYLE
DIRECTOR1.00Yes (X)$0$0$0
MICHELLE BUNKER
DIRECTOR1.00Yes (X)$0$0$0
SHEILA BURKHART
DIRECTOR1.00Yes (X)$0$0$0
JOE CERTAIN
PRESIDENT1.00Yes (X)$0$0$0Yes (X)
TERRY CHENEY
DIRECTOR1.00Yes (X)$0$0$0
BRAD CONDON
DIRECTOR1.00Yes (X)$0$0$0
CALEB CRANDILL
DIRECTOR1.00Yes (X)$0$0$0
BILL GARTLAND
VP RESOURCE1.00Yes (X)$0$0$0Yes (X)
MAYOR LARRY LEACH
DIRECTOR1.00Yes (X)$0$0$0
TOM LEHMAN
VP STRATEGY1.00Yes (X)$0$0$0Yes (X)
DAVE LOER
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
PAST PRESIDE1.00Yes (X)$0$0$0Yes (X)
KEITH NEWMAN
DIRECTOR1.00Yes (X)$0$0$0
SHANE NEVERS
DIRECTOR1.00Yes (X)$0$0$0
STEVE NOTAR DONATO
DIRECTOR1.00Yes (X)$0$0$0
TADE POWELL
DIRECTOR1.00Yes (X)$0$0$0
JACK SCIAUDONE
PRESIDENT EL1.00Yes (X)$0$0$0Yes (X)
MAYOR WAYNE SEYBOLD
DIRECTOR1.00Yes (X)$0$0$0
AARON SNYDER
DIRECTOR1.00Yes (X)$0$0$0
TIM STREET
DIRECTOR1.00Yes (X)$0$0$0
KAREN TURNER
VP MARKETING1.00Yes (X)$0$0$0Yes (X)
KELLY TURNER
DIRECTOR1.00Yes (X)$0$0$0
ANN VERMILION
DIRECTOR1.00Yes (X)$0$0$0
ERIC WALTS
DIRECTOR1.00Yes (X)$0$0$0
JOSELYN WHITTICKER
DIRECTOR0.50Yes (X)$0$0$0
LARRY TERWILLEGAR
EX OFFICIO D1.00Yes (X)$0$0$0
TIMOTHY ECKERLE
EXECUTIVE DI40.00$94,860$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$341,249GovernmentGrantsAmt
All Other Contributions$461,706AllOtherContributionsAmt
Total Contributions$802,955TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
SPECIAL PROJECTS900099$26,008$26,008
RENTAL531120$2,850$2,850
FieldValueIRS element (for citing)
Total Program Service Revenue$28,858TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,852TotalRevenueColumnAmt
Exclusion$8,852ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$5,169OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$5,169OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,169TotalRevenueColumnAmt
Exclusion$5,169ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOME - REDEVELOPMENTDesc
Business900099BusinessCd
Total Revenue Column$2,678TotalRevenueColumnAmt
Related Or Exempt Func Income$2,678RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,678OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$848,512TotalRevenueColumnAmt
Related Or Exempt Func Income$28,686RelatedOrExemptFuncIncomeAmt
Exclusion$16,871ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$368,000TotalAmt
Program Services$368,000ProgramServicesAmt

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$80,987TotalAmt
Program Services$73,913ProgramServicesAmt
Management And General$3,537ManagementAndGeneralAmt
Fundraising$3,537FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$8,028TotalAmt
Program Services$6,405ProgramServicesAmt
Management And General$1,028ManagementAndGeneralAmt
Fundraising$595FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$13,904TotalAmt
Program Services$11,094ProgramServicesAmt
Management And General$1,780ManagementAndGeneralAmt
Fundraising$1,030FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,342TotalAmt
Management And General$9,342ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,623TotalAmt
Management And General$12,623ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$7,248TotalAmt
Management And General$7,248ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$34,741TotalAmt
Program Services$34,741ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,735TotalAmt
Program Services$10,339ProgramServicesAmt
Management And General$884ManagementAndGeneralAmt
Fundraising$512FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$15,000TotalAmt
Program Services$11,969ProgramServicesAmt
Management And General$1,920ManagementAndGeneralAmt
Fundraising$1,111FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$37,257TotalAmt
Program Services$37,257ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$25,439TotalAmt
Program Services$25,439ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$634,998TotalAmt
Program Services$634,998ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$21,249TotalAmt
Program Services$20,578ProgramServicesAmt
Management And General$425ManagementAndGeneralAmt
Fundraising$246FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,206TotalAmt
Program Services$2,559ProgramServicesAmt
Management And General$410ManagementAndGeneralAmt
Fundraising$237FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SPECIFIC ASSISTANCE$104,766$104,766
SPECIAL PROJECTS$53,179$53,179
DUES AND SUBSCRIPTIONS$18,226$18,226
BAD DEBT EXPENSE$10,235$10,235

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$6,894TotalAmt
Program Services$6,894ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,571,917TotalAmt
Program Services$1,486,759ProgramServicesAmt
Management And General$68,404ManagementAndGeneralAmt
Fundraising$16,754FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$282,687BOYAmt
EOY$213,783EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,729BOYAmt
EOY$37,782EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$78,756BOYAmt
EOY$53,909EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
EOY$1,286EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$127,664LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,756LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$102,439BOYAmt
EOY$105,908EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,342,864BOYAmt
EOY$4,692,849EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,833,475BOYAmt
EOY$5,105,517EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$21,457BOYAmt
EOY$37,967EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$11,774,235BOYAmt
EOY$11,630,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$283,727BOYAmt
EOY$264,582EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,079,419BOYAmt
EOY$11,932,549EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$6,491,351BOYAmt
EOY-$7,048,785EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$56,714BOYAmt
EOY$29,529EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$188,693BOYAmt
EOY$192,224EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$6,245,944BOYAmt
EOY-$6,827,032EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,833,475BOYAmt
EOY$5,105,517EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$723,405ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$5,072NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments$147,389PriorPeriodAdjustmentsAmt
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$510,456CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$434,238CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$396,486CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$507,536CurrentTaxYearMinus1YearAmt
Current Tax Year$802,955CurrentTaxYearAmt
Total$2,651,671TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$510,456CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$434,238CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$396,486CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$507,536CurrentTaxYearMinus1YearAmt
Current Tax Year$802,955CurrentTaxYearAmt
Total$2,651,671TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$313,933SubstantialContributorsTotAmt
Public Support Total170$2,337,738PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,867CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$11,551CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,491CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,087CurrentTaxYearMinus1YearAmt
Current Tax Year$11,702CurrentTaxYearAmt
Total$51,698TotalAmt
FieldValueIRS element (for citing)
Total Support$2,703,369TotalSupportAmt
Gross Receipts Rltd Activities$361,504GrossReceiptsRltdActivitiesAmt
Public Support CY1700.86470PublicSupportCY170Pct
Public Support PY1700.97830PublicSupportPY170Pct
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

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$97,235BeginningYearBalanceAmt
Investment Earnings Or Losses$5,735InvestmentEarningsOrLossesAmt
Other Expenditures$6,248OtherExpendituresAmt
Administrative Expenses$2,661AdministrativeExpensesAmt
End Year Balance$94,061EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$76,195BeginningYearBalanceAmt
Contributions$25ContributionsAmt
Investment Earnings Or Losses$13,397InvestmentEarningsOrLossesAmt
Other Expenditures$5,250OtherExpendituresAmt
End Year Balance$84,367EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$71,016BeginningYearBalanceAmt
Contributions$12,333ContributionsAmt
Investment Earnings Or Losses-$2,000InvestmentEarningsOrLossesAmt
Other Expenditures$5,154OtherExpendituresAmt
End Year Balance$76,195EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$65,070BeginningYearBalanceAmt
Investment Earnings Or Losses$10,720InvestmentEarningsOrLossesAmt
Other Expenditures$4,774OtherExpendituresAmt
End Year Balance$71,016EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.50000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.36000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.14000TermEndowmentBalanceEOYPct
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$32,165OtherCostOrOtherBasisAmt
Depreciation$21,756DepreciationAmt
Book Value$10,409BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$105,908TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (5 entries)

DescDescBook ValueBookValueAmt
REDEVELOPMENT PROPERTY$2,887,314
LOAN ESCROW FUND$1,289,627
LOAN FEES$421,297
BENEFICIAL INTEREST$94,061
OTHER ASSET$550
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,692,849TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ACCRUED INTEREST$264,582
ESCROW FUNDS
FieldValueIRS element (for citing)
Total Liability$264,582TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$843,440TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$5,072NetUnrealizedGainsInvstAmt
Revenue Not Reported-$5,072RevenueNotReportedAmt
Revenue Subtotal$848,512RevenueSubtotalAmt
Total Revenue Per Form990$848,512TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,571,917TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$1,571,917ExpensesSubtotalAmt
Total Expenses Per Form990$1,571,917TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART V, LINE 4SUPPORT ACTIVITIES OF THE COUNCIL
SCHEDULE D, PAGE 3, PART XTHE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND QUALIFIES FOR THE 50% CHARITABLE CONTRIBUTIONS DEDUCTION LIMITATION. THE COUNCIL HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE COUNCIL'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE COUNCIL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR TAX YEARS ENDING ON OR BEFORE DECEMBER 31, 2010.

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1GRANT COUNTY COMMISSIONERSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1401 S ADAMS STAddressLine1Txt
CityMARIONCityNm
State AbbreviationINStateAbbreviationCd
ZIP46853ZIPCd
FieldValueIRS element (for citing)
IRC SectionGOVIRCSectionDesc
Non Cash Assistance$368,000NonCashAssistanceAmt
Non Cash AssistanceBUILDINGNonCashAssistanceDesc
Purpose Of GrantREDEVELOPMENTPurposeOfGrantTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ATHE GROWTH COUNCIL ALSO HOLDS APPROXIMATELY 42.5 ACRES OF LAND AND BUILDINGS IN THE CITY OF MARION,WHICH WERE PURCHASED IN 2013, FOR FUTURE REDEVELOPMENT. 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 2014 THE GROWTH COUNCIL ASSISTED 33 HOUSEHOLD INDIVIDUALS WITH THE PURCHASE OF A HOME OR RENTAL ASSISTANCE. THESE 33 HOUSEHOLDS REPRESENTED 1,900,000 OF NEW HOUSEHOLD INCOME TO GRANT COUNTY. 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 COUNCIL CURRENTLY LOANS FUNDS TO FOUR GRANT COUNTY BUSINESSES. 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 2014 16 INDIVIDUALS GRADUATED FROM THE PROGRAM.
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 12CTHE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY.
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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