St Charles County Economic

Organization Overview

St Charles County Economic is located in St Charles, MO. The organization was established in 1991. 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. As of 12/2021, St Charles County Economic employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Charles County Economic is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, St Charles County Economic generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) 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 HELP BUILD A STRONGER, THRIVING, AND SELF-SUPPORTING ECONOMY FOR ST. CHARLES COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADMINISTER SBA LOAN PROGRAM WHICH PROVIDES FINANCING TO SMALL BUSINESSES THROUGHOUT MISSOURI AND ILLINOIS.


THE COUNCIL FACILITATES THE DEVELOPMENT OF NEW BUSINESS AND THE RETENTION OF EXISTING BUSINESSES TO CREATE JOBS AND INCREASE THE ST. CHARLES COUNTY TAX BASE AND WEALTH THAT WILL IMPROVE THE QUALITY OF LIFE.


RECRUITMENT SITE SELECTION RESOURCES- WORKS IN PARTNERSHIP WITH LOCAL GOVERNMENT, COMMUNITY AND BUSINESS LEADERS, AND OTHER REGIONAL ORGANIZATIONS IN THE PURSUIT TO RECRUIT AND/OR RETAIN LOCAL COMPANIES AND STIMULATE INTEREST IN NEW BUSINESS GROWTH IN ST. CHARLES COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Drachnik
CEO
$156,926
Craig Frahm
CFO
$118,211
Dan Fitter
Treasurer
$0
Keith Schneider
Vice Chair
$0
Larry Dobrosky
Secretary
$0
Linda Luera-Sanchez
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $265,000
All other contributions, gifts, grants, and similar amounts not included above$411,831
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$676,831
Total Program Service Revenue$1,064,029
Investment income $1,252
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 $1,783,664

Grants Recieved

Over the last fiscal year, we have identified 1 grants that St Charles County Economic has recieved totaling $15,000.

Awarding OrganizationAmount
Bjc Health System

St Louis, MO

PURPOSE: SUPPORT A STRONGER, THRIVING AND SELF SUPPORTING ECONOMY FOR ST CHARLES COMMUNITY.

$15,000
View Grant Recipient Profile

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