Clydescope 2000 Economic Development Corporation
- Assets
- $259.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clyde, OH
- Founding
- 08/1996
- Data as of
- 12/2021
- EIN
- 34-1811627
Organization Overview
Clydescope 2000 Economic Development Corporation is located in Clyde, OH. The organization was established in 1996. 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. Clydescope 2000 Economic Development Corporation 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 12/2021, Clydescope 2000 Economic Development Corporation generated $32.4k 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 (7.2%) each year. All expenses for the organization totaled $47.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDING CONSULTING AND DEMOGRAPHIC STUDIES TO ASSIST IN PROMOTING ECONOMIC GROWTH IN THE COMMUNITY OF CLYDE AND THE SURROUNDING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Brown Director | 20 | $33,542 | |
Staven Spader President | 1 | $0 | |
Fredrick Bouyack Treasurer | 3 | $0 | |
Bruce Schrader Vice Pres | 1 | $0 | |
Katelyn Clapp Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,675 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $608 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,839 |
| Other Revenue | $286 |
| Total Revenue | $32,408 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,240 |
| Professional fees and other payments to independent contractors | $2,888 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $60 |
| Other expenses | $7,819 |
| Total expenses | $47,007 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $259,752 |
| Other assets | $0 |
| Total assets | $259,752 |
| Total liabilities | $30,644 |
| Net assets or fund balances | $229,108 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clydescope 2000 Economic Development Corporation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Bellevue Hospital Bellevue, OH PURPOSE: ANNUAL DONATION, ECONOMIC DEVELOPMENT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Detroit Convention & Vistors Bureau Detroit, MI | $36,765,048 | $14,015,809 |
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
Greater Philadelphia Tourism Marketing Corporation Philadelphia, PA | $11,403,385 | $8,019,397 |
Detroit Economic Growth Corp Detroit, MI | $7,209,211 | $10,420,774 |
Lawrence Economic Development Corporation South Point, OH | $62,339,240 | $9,945,474 |
Dauphin County Economic Development Corporation Harrisburg, PA | $8,424,591 | $10,449,757 |
Ben Franklin Technology Partners Of Northeastern Pennsylvania Inc Bethlehem, PA | $58,069,128 | $6,233,285 |
Southwest Michigan First Corporation Kalamazoo, MI | $10,945,070 | $8,560,798 |
Wenonah Park Properties Inc Bay City, MI | $22,411,152 | $7,079,713 |
Applied Research Institute Bloomington, IN | $3,329,526 | $9,074,163 |
Grand Rapids-Kent Cty Convention Center & Vistors Bureau Grand Rapids, MI | $10,130,209 | $9,465,987 |
Greater Pittsburgh Convention & Visitors Bureau Inc Pittsburgh, PA | $10,210,665 | $8,196,256 |