Scott County Economic Development Corp is located in Scottsburg, IN. The organization was established in 1992. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Scott County Economic Development Corp employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scott County Economic Development Corp 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, Scott County Economic Development Corp generated $5.1k 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 (58.1%) each year. All expenses for the organization totaled $14.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (51.5%) 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
THE SCOTT COUNTY ECONOMIC DEVELOPMENT CORPORATION AIDS SCOTT COUNTY, INDIANA BY ATTRACTING NEW INDUSTRIES TO THE AREA AND ENCOURAGING THE DEVELOPMENT AND RETENTION OF INDUSTRIES IN THE COMMUNITY. THROUGHOUT THE YEAR, THE ECONOMIC DEVELOPMENT CORPORATION HAS CONTINUED WORKING WITH BOTH NEW AND EXISTING INDUSTRIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Raleigh Campbell President | OfficerTrustee | 0.5 | $0 |
Terry Amik Secretary | OfficerTrustee | 0.5 | $0 |
Jean Robbins Vice-President | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $5,143 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $5,143 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $14,547 |
Total expenses | $14,547 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,335 |
Other assets | $0 |
Total assets | $22,335 |
Total liabilities | $0 |
Net assets or fund balances | $22,335 |
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