Martin County Alliance For Economic Growth
- Assets
- $196.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Loogootee, IN
- Founding
- 12/2011
- Data as of
- 12/2021
- EIN
- 26-3716329
Organization Overview
Martin County Alliance For Economic Growth is located in Loogootee, IN. The organization was established in 2011. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Martin County Alliance For Economic Growth is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Martin County Alliance For Economic Growth generated $98.9k 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 (3.9%) each year. All expenses for the organization totaled $115.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angie Risacher Treas & Eo | 40 | $70,654 | |
Pam Loughmiller Sec | 0 | $0 | |
Michael Arvin President | 0 | $0 | |
Samantha Nelson VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,742 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $165 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,907 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $75,610 |
| Professional fees and other payments to independent contractors | $296 |
| Occupancy, rent, utilities, and maintenance | $4,161 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,467 |
| Total expenses | $115,534 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $196,541 |
| Other assets | $0 |
| Total assets | $196,768 |
| Total liabilities | $0 |
| Net assets or fund balances | $196,768 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Martin County Alliance For Economic Growth has recieved totaling $64,300.
| Awarding Organization | Amount |
|---|---|
Regional Opportunity Initiatives Inc Bloomington, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $32,150 |
Regional Opportunity Initiatives Inc Bloomington, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $32,150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
16 Tech Community Corporation Indianapolis, IN | $90,414,871 | $43,820,376 |
Chicago Convention & Tourism Bureau Inc Chicago, IL | $13,640,210 | $19,015,508 |
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |
Wisconsin Dells Visitor & Convention Bureau Wisconsin Dells, WI | $26,952,168 | $17,110,395 |
Convention & Visitors Bureau Of Greater Kansas City Kansas City, MO | $12,878,337 | $11,432,355 |
Wbd Inc Madison, WI | $14,868,892 | $9,399,155 |
Brighton Park Neighborhood Council Chicago, IL | $4,048,275 | $8,262,492 |
Explore Branson Tourism Branson, MO | $1,396,845 | $7,616,014 |