Blount County Economic Development Council Inc

Organization Overview

Blount County Economic Development Council Inc is located in Oneonta, AL. As of 12/2023, Blount County Economic Development Council Inc employed 2 individuals. Blount County Economic Development Council Inc 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 12/2023, Blount County Economic Development Council Inc generated $286.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $264.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO INCREASE ECONOMIC OPPORTUNITIES FOR BLOUNT COUNTY, ALABAMA BY CREATING AN ATMOSPHERE FOR THE EXPANSION, RETENTION AND RECRUITMENT OF BUSINESSES THAT WILL RESULT IN JOB GROWTH AND IMPROVED QUAILITY OF LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RECRUITMENT OF MAJOR RETAIL DEVELOPMENT TO WESTERN BLOUNT COUNTY TO INCLUDE FAST FOOD RESTAURANTS AND GAS STATION/TRAVEL CENTERS. ASSIST IN PROJECT PLANNING, OVERSIGHT AND CONSTRUCTION OF FACILITIES, AS WELL AS NEGOTIATIONS WITH UTILITIES AND CORPS OF ENGINEERS. APPLY FOR AND GRANT FUNDING FOR EXPANSION OF ROAD AND UTILITIES AND ASSISTANCE WITH PUBLIC PROCESSES FOR INCENTIVE PACKAGES


CREATION AND DEVELOPMENT OF EXISTING INDUSTRY PROGRAMS WHEREIN INDUSTRIES WERE EXPANDED OR CREATED AND EDUCATIONAL ROUNDTABLE PROGRAMS WERE CONDUCTED


RESEARCH GRANT OPPPORTUNITIES FOR THE IMPROVEMENTS OF INFRASTRUCTURE, EDUCATION AND PUBLIC SERVICES.RESEARCH REGARDING ECONOMIC DEVELOPMENT, WORKFORCE TRAINING AND ECONOMIC GROWTH OPPORTUNITIES.PROVIDE BOARD STAFF, DIRECTORS,STAKEHOLDERS, AND COUNTY AND MUNICIPAL OFFICIALS WITH TRAINING AND EDUCATIONAL OPPORTUNITIES IN THE AREAS OF BUSINESS RECRUITMENT AND RETENTION, ECONOMIC DEVELOPMENT, TOURISM AND STATE AND LOCAL INCENTIVES.PROVIDE ECONOMICAL SUPPORT TO THE COUNTY AND MUNICIPALITIES. PARTICIPATE IN REGIONAL AND STATE WIDE PLANNING AND WORKFORCE DEVELOPMENT INITIATIVES.


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Board, Officers & Key Employees

Name (title)Compensation
Don Mitchell
Bcedc Managing Director
$106,360
Darren White
Director
$0
Bob Harvey
Director
$0
1 Williams
Director
$0
Kris Towns
Director
$0
David Hornsby
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $249,110
All other contributions, gifts, grants, and similar amounts not included above$36,080
Noncash contributions included in lines 1a–1f $28,080
Total Revenue from Contributions, Gifts, Grants & Similar$285,190
Total Program Service Revenue$0
Investment income $1,515
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 $286,705

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