Citrus County Economic Development Council Inc
- Assets
- $0.0
- Revenue
- $56.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Crystal River, FL
- Founding
- Data as of
- 09/2015
- EIN
- 59-3528883
Organization Overview
Citrus County Economic Development Council Inc is located in Crystal River, FL. Citrus County Economic Development Council Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE STRATEGIC USE OF PRIVATE AND GOVERNMENT RESOURCES AND SERVICES TO IMPROVE THE ECONOMY, INFRASTRUCTURE AND QUALITY OF LIFE IN CITRUS COUNTY WHILE PROMOTING UNDERSTANDING OF THE BUSINESS COMMUNITY'S PROBLEMS AND NEEDS AS WELL AS THOSE OF GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACHIEVEMENT OF ECONOMIC DEVELOPMENT GOALS IN THE AREAS OF BUSINESS RECRUITMENT AND EXPANSION, JOB CREATION, WORKFORCE DEVELOPMENT AND EDUCATION, INFRASTRUCTURE, AND AVAILABILITY OF VENTURE CAPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Bays President | OfficerTrustee | 10 | $0 |
Ervin Davis Secretary | OfficerTrustee | 10 | $0 |
Paul Mellini Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,379 |
| Investment income | $1,131 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,951 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $56,477 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,102 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,776 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,833 |
| Advertising and promotion | $5,685 |
| Office expenses | $5,056 |
| Information technology | $5,750 |
| Royalties | $0 |
| Occupancy | $3,794 |
| Travel | $4,893 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $650 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,044 |
| Insurance | $968 |
| All other expenses | $0 |
| Total functional expenses | $201,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $0 |
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