Higginsville Community Betterment Corporation is located in Higginsville, MO. The organization was established in 1995. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Higginsville Community Betterment 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 06/2023, Higginsville Community Betterment Corporation generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $60.7k during the year ending 06/2023. 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
PROVIDE LOW INTEREST LOANS TO HELP PROMOTE ECONOMIC DEVELOPMENT IN HIGGINSVILLE, MO AND THE IMMEDIATE SURROUNDING AREA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Knehans Chairman | 1 | $0 | |
Timothy H Thurmon Secretary-Treasurer | 2 | $0 | |
David Reid Director | 0 | $0 | |
J Kent Emison Director | 0 | $0 | |
Harold Hoflander Director | 0 | $0 | |
Larry Meinershagen Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,061 |
| Membership dues | $0 |
| Investment income | $314 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $4,375 |
| 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 | $668 |
| Total expenses | $60,668 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,626 |
| Other assets | $0 |
| Total assets | $251,651 |
| Total liabilities | $0 |
| Net assets or fund balances | $251,651 |