Putnam Regional Organization For Technical And Economic Development
- Assets
- $46.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hurricane, WV
- Founding
- 02/1994
- Data as of
- 06/2022
- EIN
- 55-0725294
Organization Overview
Putnam Regional Organization For Technical And Economic Development is located in Hurricane, WV. The organization was established in 1994. 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. Putnam Regional Organization For Technical And Economic Development 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, Putnam Regional Organization For Technical And Economic Development generated $10.5k 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 (16.9%) each year. All expenses for the organization totaled $14.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) 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
ECONOMIC DEVELOPMENT IN PUTNAM COUNTY, WV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morganne Tenney Executive Director | 2 | $0 | |
Courtlandt Smith Board Member | 0 | $0 | |
Rocky Young President | 0 | $0 | |
Gary Young Vice President | 0 | $0 | |
Al Howard Board Member | 0 | $0 | |
Eric Embree Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $250 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,508 |
| 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 | $2,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,352 |
| Total expenses | $14,852 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,503 |
| Other assets | $0 |
| Total assets | $46,558 |
| Total liabilities | $400 |
| Net assets or fund balances | $46,158 |
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