Humphreys County Economic Development Council
- Assets
- $98.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waverly, TN
- Founding
- 01/1993
- Data as of
- 09/2023
- EIN
- 62-1510290
Organization Overview
Humphreys County Economic Development Council is located in Waverly, TN. The organization was established in 1993. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Humphreys County Economic Development Council 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 09/2023, Humphreys County Economic Development Council generated $162.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $168.0k during the year ending 09/2023. While expenses have increased by 14.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION, THROUGH ITS ECOMOMIC DEVELOPMENT DIRECTOR, PROMOTES AND DEVELOPS THE SOCIAL AND ECONOMIC EXPANSION OF HUMPHREYS COUNTY, TENNESSEE.
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 |
|---|---|---|---|
Ted Moore Director | 40 | $67,652 | |
Dewayne Ross Chairman | 1 | $0 | |
Buddy Frazier Secretary | 1 | $0 | |
Mark Kassing Vice-Chair | 1 | $0 | |
Ricky Hooper Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,598 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,285 |
| Other Revenue | $0 |
| Total Revenue | $162,883 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $72,890 |
| Professional fees and other payments to independent contractors | $385 |
| Occupancy, rent, utilities, and maintenance | $5,757 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $89,010 |
| Total expenses | $168,042 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,306 |
| Other assets | $0 |
| Total assets | $97,993 |
| Total liabilities | $1,968 |
| Net assets or fund balances | $96,025 |