Shelby County Economic Development Board Inc
- Assets
- $28.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shelbyville, MO
- Founding
- 01/2009
- Data as of
- 12/2022
- EIN
- 26-2042864
Organization Overview
Shelby County Economic Development Board Inc is located in Shelbyville, MO. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shelby County Economic Development Board Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Shelby County Economic Development Board Inc generated $18.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.2%) each year. All expenses for the organization totaled $14.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BROUGHT NEW BUSINESS TO THE COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendeline Brumbaugh Employee | 20 | $12,000 | |
Timothy Lacy President | 2 | $0 | |
Al Dimitt Brd Vice Chairman | 2 | $0 | |
Marauo Toro Brd Member | 2 | $0 | |
John Mclcame Brd Member | 2 | $0 | |
Stephane Bender Brd Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,515 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,532 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,080 |
| Total expenses | $14,080 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,404 |
| Other assets | $0 |
| Total assets | $28,083 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,083 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |
Nashville Area Chamber Of Commerce Nashville, TN | $10,414,739 | $9,196,086 |
Nutech Ventures Lincoln, NE | $5,844,401 | $7,636,320 |
Renewable Fuels Association Ellisville, MO | $2,944,429 | $6,762,820 |
North American Association Of Food Equipment Manufacturers Chicago, IL | $26,211,108 | $5,703,248 |
Wholesale And Specialty Insurance Association Kansas City, MO | $18,822,965 | $8,866,065 |
Kentucky Chamber Of Commerce Inc Frankfort, KY | $9,516,426 | $9,027,627 |