Fort Wayne-Allen County Economic Development Alliance Inc

Organization Overview

Fort Wayne-Allen County Economic Development Alliance Inc is located in Fort Wayne, IN. The organization was established in 2000. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Fort Wayne-Allen County Economic Development Alliance 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 12/2021, Fort Wayne-Allen County Economic Development Alliance Inc generated $836.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $813.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CREATION AND RETENTION OF QUALITY JOBS FOR THE CITY OF FORT WAYNE AND ALLEN COUNTY RESIDENTS THROUGH THE ATTRACTION OF NEW EMPLOYERS AND THE STRENGTHENING OF EXISTING EMPLOYERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CREATION AND RETENTION OF QUALITY JOBS FOR THE CITY OF FORT WAYNE AND ALLEN COUNTY RESIDENTS THROUGH THE ATTRACTION OF NEW EMPLOYERS AND THE STRENGTHENING OF EXISTING EMPLOYERS.


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Board, Officers & Key Employees

Name (title)Compensation
Nelson Peters
Treasurer
$0
Karl Bandemer
Secretary
$0
James E Cook
Chair
$0
Ellen Cutter
Executive Di
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$219,653
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$219,653
Total Program Service Revenue$610,000
Investment income $6,982
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $836,635

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Fort Wayne-Allen County Economic Development Alliance Inc has recieved totaling $27,266.

Awarding OrganizationAmount
Community Foundation Of Greater Fort Wayne Inc

Fort Wayne, IN

PURPOSE: CHARITABLE SUPPORT

$11,516
Physicians Health Plan Of Northern Indiana Inc

Fort Wayne, IN

PURPOSE: ECONOMIC DEVELOPMENT

$10,750
M E Raker Foundation Inc

Fort Wayne, IN

PURPOSE: DISABILITIES 2.0 INITIATIVE

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$31,785
Earnings$7,097
Admin Expense$456
Grants$1,193
Ending Balance$37,233

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