South Central Indiana Usa Economic Development Group Inc
- Assets
- $147.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Albany, IN
- Founding
- 02/2009
- Data as of
- 12/2023
- EIN
- 20-5142317
Organization Overview
South Central Indiana Usa Economic Development Group Inc is located in New Albany, IN. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. South Central Indiana USA Economic Development Group 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 12/2023, South Central Indiana USA Economic Development Group Inc generated $76.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $98.8k during the year ending 12/2023. 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
AIDING SOUTH CENTRAL, INDIANA BY ATTRACTING NEW INDUSTRIES TO THE REGION AND BY ENCOURAGING THE DEVELOPMENT AND RETENTION OF INDUSTRIES IN THE COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Misty Mccammack Member | 3 | $0 | |
Jason Hester Member | 3 | $0 | |
Bryan Robbins Member | 3 | $0 | |
Harold Gutzwiller Member | 3 | $0 | |
Jeremy Sowders Member | 3 | $0 | |
Jim Plump Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $55,000 |
| Investment income | $2,386 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,886 |
| 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 | $1,850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $96,972 |
| Total expenses | $98,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,304 |
| Other assets | $0 |
| Total assets | $147,304 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,304 |