Higginsville Community Betterment Corporation
- Assets
- $307.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Higginsville, MO
- Founding
- 11/1995
- Data as of
- 06/2022
- EIN
- 43-1648322
Organization Overview
Higginsville Community Betterment Corporation is located in Higginsville, MO. The organization was established in 1995. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Higginsville Community Betterment Corporation 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 06/2022, Higginsville Community Betterment Corporation generated $7.2k 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 (6.5%) each year. All expenses for the organization totaled $589.0 during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.5%) 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE LOW INTEREST LOANS TO HELP PROMOTE ECONOMIC DEVELOPMENT IN HIGGINSVILLE, MO AND THE IMMEDIATE SURROUNDING AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Knehans Chairman | 1 | $0 | |
David Reid Director | 0 | $0 | |
J Kent Emison Director | 0 | $0 | |
Harold Hoflander Director | 0 | $0 | |
Timothy H Thurmon Secretary-Treasurer | 2 | $0 | |
Larry Meinershagen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,925 |
| Membership dues | $0 |
| Investment income | $282 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,207 |
| 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 | $589 |
| Total expenses | $589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,819 |
| Other assets | $0 |
| Total assets | $307,944 |
| Total liabilities | $0 |
| Net assets or fund balances | $307,944 |
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