Hoosier Uplands Economic Development Corporation
- Assets
- $50.6m
- Revenue
- $20.3m
- Investments
- $0.0
- Employees
- 324
- Location
- Mitchell, IN
- Founding
- 12/1972
- Data as of
- 12/2021
- EIN
- 35-1115492
Organization Overview
Hoosier Uplands Economic Development Corporation is located in Mitchell, IN. The organization was established in 1972. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Hoosier Uplands Economic Development Corporation employed 324 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoosier Uplands Economic Development Corporation 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 12/2021, Hoosier Uplands Economic Development Corporation generated $20.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $19.1m during the year ending 12/2021. While expenses have increased by 1.7% 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.
Since 2015, Hoosier Uplands Economic Development Corporation has awarded 93 individual grants totaling $1,277,775. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PLAN, IMPLEMENT OR CAUSE TO BE IMPLEMENTED, AND PROVIDE COMPREHENSIVE SERVICES TO THE POOR, ELDERLY, AND DISABLED. THE CORPORATION STRIVES TO ALLEVIATE POVERTY, IMPROVE LIVING CONDITIONS, AND PROVIDE ACCESS TO HEALTH CARE AND SOCIAL SERVICES TO THOSE FAMILIES AND INDIVIDUALS IN NEED WITHIN OUR SERVICE AREA. ALL ENDEAVORS ARE PURSUED WITH THE CLIENT IN MIND, NEVER FORGETTING THE VALUE OF EVERY HUMAN BEING OR THE IMPORTANCE OF OUR RESPONSIBILITY TO THE PUBLIC WHICH WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOOSIER UPLANDS SERVES ECONOMICALLY DISADVANTAGED CITIZENS IN SELECT INDIANA COUNTIES. PROGRAMS INCLUDE: LOW-INCOME ENERGY ASSISTANCE, IN-HOME NURSING AND HEALTHCARE, NUTRITION SERVICES AND REFERRAL SERVICES TO THE AGED AND HOMELESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Eckard Physician | 40 | $251,151 | |
David Miller CEO | Officer | 40 | $134,047 |
Eric Zink CFO | Officer | 40 | $85,107 |
Sharon Mitchell Treasurer | OfficerTrustee | 1 | $0 |
Martha Fields Chairman | OfficerTrustee | 1 | $0 |
Reita Nicholson Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Living Well Home Care Services To Disabled And Elderly | 12/30/21 | $158,602 |
Stidams Constructions Construction/weatherization Services | 12/30/21 | $210,387 |
Jk Rogers Construction Construction/weatherization Services | 12/30/21 | $132,896 |
Walker Construction Associates Inc Construction | 12/30/21 | $1,439,668 |
Older Americans Services Corporation Services To Disabled And Elderly | 12/30/21 | $382,987 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,717,644 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,635 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,923,279 |
| Total Program Service Revenue | $7,614,245 |
| Investment income | $239,765 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $684,451 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,253,454 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $339,800 |
| Grants and other assistance to domestic individuals. | $18,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $238,233 |
| Compensation of current officers, directors, key employees. | $20,726 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,574,045 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,196,481 |
| Payroll taxes | $0 |
| Fees for services: Management | $47,652 |
| Fees for services: Legal | $19,579 |
| Fees for services: Accounting | $94,622 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,513 |
| Fees for services: Other | $544,041 |
| Advertising and promotion | $78,354 |
| Office expenses | $476,416 |
| Information technology | $199,490 |
| Royalties | $0 |
| Occupancy | $545,323 |
| Travel | $331,508 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,548 |
| Interest | $99,990 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $672,704 |
| Insurance | $542,249 |
| All other expenses | $1,091,073 |
| Total functional expenses | $19,054,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $85,838 |
| Savings and temporary cash investments | $1,908,502 |
| Pledges and grants receivable | $1,426,868 |
| Accounts receivable, net | $1,264,654 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,855,060 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $140,396 |
| Net Land, buildings, and equipment | $28,676,113 |
| Investments—publicly traded securities | $10,269,350 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,982,108 |
| Total assets | $50,608,889 |
| Accounts payable and accrued expenses | $2,284,446 |
| Grants payable | $0 |
| Deferred revenue | $218,431 |
| 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 | $5,458,281 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,961,158 |
| Net assets without donor restrictions | $42,647,731 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $50,608,889 |
Grants Awarded
Over the last fiscal year, Hoosier Uplands Economic Development Corporation has awarded $329,800 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
GIVING RECOVERY A CHANCE EVERYDAY INC GRACE HOUSE PURPOSE: COMMUNITY DEVELOPMENT | $35,000 |
CITY OF SALEM PURPOSE: COMMUNITY DEVELOPMENT | $27,400 |
Bedford, IN PURPOSE: COMMUNITY DEVELOPMENT | $25,000 |
Bedford, IN PURPOSE: COMMUNITY DEVELOPMENT | $25,000 |
Paoli, IN PURPOSE: COMMUNITY DEVELOPMENT | $22,500 |
SHOALS COMMUNITY SCHOOLS PURPOSE: COMMUNITY DEVELOPMENT | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hoosier Uplands Economic Development Corporation has recieved totaling $69,540.
| Awarding Organization | Amount |
|---|---|
Washington County Community Foundation Inc Salem, IN PURPOSE: PROGAMMING | $35,540 |
United Way Of Monroe County Inc Bloomington, IN PURPOSE: COVID | $25,000 |
Early Learning Indiana Inc Indianapolis, IN PURPOSE: CBS GRANT | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northern Kentucky Area Developement District Florence, KY | $12,601,851 | $23,919,138 |
Hoosier Uplands Economic Development Corporation Mitchell, IN | $50,608,889 | $20,253,454 |
Western Dairyland Economic Opportunity Council Incorporated Independence, WI | $9,371,395 | $17,670,947 |
Kentucky River Area Development District Inc Hazard, KY | $5,857,667 | $4,838,342 |
Missouri Incutech Foundation Rolla, MO | $1,463,624 | $4,973,546 |
Mountain Association For Community Economic Development Inc Berea, KY | $33,227,736 | $8,576,709 |
Southeast Kentucky Economic Development Corporation Inc Somerset, KY | $28,123,081 | $3,726,346 |
Pulaski County Growth Alliance Saint Robert, MO | $34,130 | $1,396,256 |
Kentucky Mountain Housing Development Corporation Inc Manchester, KY | $13,287,100 | $769,226 |
New Covenant Community Development Chicago, IL | $1,571,797 | $1,893,496 |
Community Farm Alliance Inc Berea, KY | $513,201 | $891,813 |
Lawrenceburg Main Street Inc Lawrenceburg, IN | $459,945 | $977,543 |