Hendricks County Economic Development Partnership Inc

Organization Overview

Hendricks County Economic Development Partnership Inc is located in Avon, IN. The organization was established in 1991. 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, Hendricks County Economic Development Partnership Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hendricks County Economic Development Partnership 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 12/2021, Hendricks County Economic Development Partnership Inc generated $615.1k 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 (4.2%) each year. All expenses for the organization totaled $609.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE THE QUALITY OF LIFE BY ATTRACTING, RETAINING AND CREATING SUITABLE BUSINESS INVESTMENTS TO PROVIDE QUALITY JOBS AND TO BROADEN THE TAX BASE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTED PROSPECTIVE DEVELOPMENT IN THE HENDRICKS COUNTY, INDIANA AREA


PROMOTED PROSPECTIVE DEVELOPMENT IN THE HENDRICKS COUNTY, INDIANA AREA


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Board, Officers & Key Employees

Name (title)Compensation
Brian Bilger
Executive Di
$110,902
Jeff Banning
Vice Preside
$0
Doug Puckett
Secretary
$0
Kevin Speer
President
$0
Jeff Donovan
Treasurer
$0
Robin Brandgard
Executive Co
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$558,105
Investment income $1,143
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 $615,074

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hendricks County Economic Development Partnership Inc has recieved totaling $20,000.

Awarding OrganizationAmount
Indiana University Health West Hospital Inc

Indianapolis, IN

PURPOSE: General Support

$20,000
View Grant Recipient Profile

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