Economic Council Of Okeechobee County Inc is located in Okeechobee, FL. The organization was established in 1991. 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. Economic Council Of Okeechobee County 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.
For the year ending 12/2021, Economic Council Of Okeechobee County Inc generated $96.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $75.3k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
THE ECONOMIC COUNCIL OF OKEECHOBEE IS A NOT-FOR-PROFIT, NON-GOVERNMENTAL, NON-PARTISAN ORGANIZATION, AND TO SUCH END, SHALL UNDERTAKE OPERATIONS THAT: (A) ACT AS A CATALYSIT BETWEEN THE PUBLIC AND PRIVATE SECTORS TO FOSTER DIALOGUE, PLANNING AND ACTION; (B) INVOLVE THE ECONOMIC, POLITICAL, AND SOCIAL PROCESSES OF THE COUNTY; (C) COMPRISE THE TOP INDUSTRY, BUSINESS, AND PROFESSIONAL LEADERS OF THE COMMUNITY; (D) PROMOTE PRINCIPLES OF GOOD GOVERNMENT AND GOOD CITIZENSHIP; (E) PROVIDE A FORUM FOR OPEN DISCUSSION OF MATTERS OF PUBLIC INTEREST; AND (F) ENCOURAGE SERVICE-MINDED INDIVIDUALS TO SERVE THEIR COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brandon Tucker Chairman | 1 | $0 | |
Jeff Sumner Vice Chairma | 1 | $0 | |
Dawn Hoover Director | 0 | $0 | |
Dr Melissa Kindell Director | 0 | $0 | |
John Williams Treasurer | 1 | $0 | |
Rick Chartier Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,783 |
Total Program Service Revenue | $0 |
Membership dues | $84,089 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $96,877 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $33,300 |
Professional fees and other payments to independent contractors | $28,939 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $13,079 |
Total expenses | $75,318 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,832 |
Other assets | $0 |
Total assets | $34,614 |
Total liabilities | $2,100 |
Net assets or fund balances | $32,514 |
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