Independence County Economic Development Foundations Inc
- Assets
- $42.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Batesville, AR
- Founding
- 04/1987
- Data as of
- 12/2020
- EIN
- 71-0637199
Organization Overview
Independence County Economic Development Foundations Inc is located in Batesville, AR. The organization was established in 1987. 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. Independence County Economic Development Foundations Inc 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 12/2020, Independence County Economic Development Foundations Inc generated $1.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (46.0%) each year. All expenses for the organization totaled $1.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (42.1%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
FACILITATE INVOLVEMENT BY THE BUSINESS COMMUNITY IN THE PROMOTION OF BUSINESS AND INDUSTRY IN BATESVILLE, ARKANSAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Crystal Johnson President | 0 | $0 | |
Terry Stephens Director | 0 | $0 | |
Charles Schaff Director | 0 | $0 | |
Flave Carpenter Director | 0 | $0 | |
Gary Bebow Director | 0 | $0 | |
Dale Cole Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,030 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $1,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,366 |
| Other assets | $0 |
| Total assets | $42,366 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,366 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Independence County Economic Development Foundations Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Lifeplus Foundation Batesville, AR PURPOSE: CARES PROGRAM TO HELP LOCAL AT-RISK STUDENTS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakewest Revitalization Foundation Inc Dallas, TX | $0 | $14,279 |
Woodbine Community Organization Wco Inc Nashville, TN | $99,872,484 | $15,160,345 |
Mid-Delta Community Services Inc Helena, AR | $2,889,498 | $10,056,138 |
Communities Unlimited Inc Fayetteville, AR | $26,843,803 | $9,936,122 |
Health Care Coalition Of Lafayette County Lexington, MO | $6,605,075 | $10,749,967 |
Southwest Mississippi Planning And Development District Inc Natchez, MS | $14,931,557 | $8,375,753 |
Better Family Life Inc Saint Louis, MO | $13,300,452 | $8,576,793 |
San Antonio Area Foundation Group Return San Antonio, TX | $40,579,905 | $5,477,004 |
Economic Opportunity Agency Of Washington County Inc Springdale, AR | $5,019,111 | $7,887,315 |
Cortex St Louis, MO | $86,543,841 | $5,279,863 |
World Technical Services Inc San Antonio, TX | $2,009,761 | $7,407,418 |
Delta Community Action Association Inc Tallulah, LA | $2,682,123 | $8,135,037 |