Morgantown-Monongalia United Initiative Inc
- Assets
- $286.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Morgantown, WV
- Founding
- 08/1993
- EIN
- 55-0718442
Organization Overview
Morgantown-Monongalia United Initiative Inc, operating under the name Morgantown Area Economic Partnership, is located in Morgantown, WV. The organization was established in 1993. 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 06/2021, Morgantown Area Economic Partnership employed 4 individuals. This organization is the central organization for a national or regional group of organizations. Morgantown Area Economic Partnership 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 undefined, Morgantown Area Economic Partnership generated $342.0 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 (61.3%) each year. All expenses for the organization totaled $49.1k during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
THE MORGANTOWN-MONONGALIA INITIATIVE ENGAGES IN BUSINESS PROMOTION, ASSISTANCE, AND ADVERTISING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Justice President | 2 | $0 | |
Mark J Nesselroad Vice President | 2 | $0 | |
Paul J Brake Director | 2 | $0 | |
Heather Gentile Director | 2 | $0 | |
Sean P Sikora Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $342 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $342 |
| Statement of Expenses | |
|---|---|
| Total expenses | $49,064 |
| Balance Sheet | |
|---|---|
| Total assets | $286,578 |
| Total liabilities | $0 |
| Net assets or fund balances | $286,578 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Baltimore Development Inc Baltimore, MD | $12,751,192 | $30,262,944 |
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
Alexandria Economic Development Partnership Inc Alexandria, VA | $1,919,174 | $9,268,061 |
Montgomery County Economic Development Corporation Rockville, MD | $2,827,028 | $7,933,113 |
Greater Philadelphia Tourism Marketing Corporation Philadelphia, PA | $11,403,385 | $8,019,397 |
Lawrence Economic Development Corporation South Point, OH | $62,339,240 | $9,945,474 |
Dauphin County Economic Development Corporation Harrisburg, PA | $8,424,591 | $10,449,757 |
Ben Franklin Technology Partners Of Northeastern Pennsylvania Inc Bethlehem, PA | $58,069,128 | $6,233,285 |
Greater Pittsburgh Convention & Visitors Bureau Inc Pittsburgh, PA | $10,210,665 | $8,196,256 |
Delaware Valley Industrial Resource Center Philadelphia, PA | $2,959,574 | $7,894,285 |
The Center For Kentucky Rural Economic Development Inc Somerset, KY | $52,726,644 | $7,680,890 |
Team Neo Foundation Cleveland, OH | $2,982,756 | $6,381,649 |