Paulding County Economic Development Office is located in Paulding, OH. The organization was established in 2003. According to its NTEE Classification (W02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Paulding County Economic Development Office employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paulding County Economic Development Office 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, Paulding County Economic Development Office generated $263.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $187.6k during the year ending 12/2021. While expenses have increased by 8.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST IN THE RETENTION AND CREATION OF JOBS, IMPROVE LOCAL SERVICES, BROADEN THE TAX BASE AND ENCOURAGE CAPITAL INVESTMENT IN PAULDING COUNTY, OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF LOCAL ECONOMIC DEVELOPMENT OFFICE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tim Copsey Director | OfficerTrustee | 40 | $74,975 |
Larry Manz President | OfficerTrustee | 1 | $0 |
Sarah J Noggle Secretary | OfficerTrustee | 1 | $0 |
Dennis Recker Vice Preside | OfficerTrustee | 1 | $0 |
James States Treasurer | OfficerTrustee | 1 | $0 |
George Carter Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $146,300 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $146,300 |
Total Program Service Revenue | $115,979 |
Investment income | $17 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $263,131 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $98,121 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,139 |
Payroll taxes | $7,506 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,394 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,514 |
Office expenses | $3,624 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,376 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,512 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,624 |
Insurance | $1,166 |
All other expenses | $1,247 |
Total functional expenses | $187,569 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $45,578 |
Savings and temporary cash investments | $102,786 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,923 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $26,617 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $181,904 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $40,287 |
Total liabilities | $40,287 |
Net assets without donor restrictions | $141,617 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $181,904 |
Over the last fiscal year, we have identified 2 grants that Paulding County Economic Development Office has recieved totaling $19,395.
Awarding Organization | Amount |
---|---|
Paulding County Area Foundation Paulding, OH PURPOSE: COVID RELIEF | $9,745 |
Paulding County Area Foundation Paulding, OH PURPOSE: COVID RELIEF | $9,650 |
Organization Name | Assets | Revenue |
---|---|---|
Southwestern Pennsylvania Corporation Pittsburgh, PA | $9,003,421 | $11,756,960 |
Rivervalley Consulting Services Inc Owensboro, KY | $418,804 | $4,530,776 |
Manchester-Bidwell Corporation Pittsburgh, PA | $9,875,699 | $3,409,404 |
Ddi Ngi Llc Carmel, IN | $4,491,419 | $158,475 |
Paulding County Economic Development Office Paulding, OH | $181,904 | $263,131 |
Ohio Association Of Election Newark, OH | $280,704 | $343,124 |
Ohio County Tourism Inc Rising Sun, IN | $493,898 | $625,505 |
Rocket Innovations Corp Toledo, OH | $2,903,696 | $227,668 |
Ministerios Ciudad Y Reino Cleveland, OH | $6,497 | $0 |
Institute For Law And Economic Policy Inc Jenkintown, PA | $293,249 | $105,931 |