Iron County Economic Partnership
- Assets
- $3.3m
- Revenue
- $501.1k
- Investments
- $3.2m
- Employees
- 1
- Location
- Ironton, MO
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 43-1759636
Organization Overview
Iron County Economic Partnership is located in Ironton, MO. 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. Iron County Economic Partnership 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, Iron County Economic Partnership generated $501.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $265.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Iron County Economic Partnership has awarded 27 individual grants totaling $1,803,619. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO THE CITY OF IRONTON MO TO BE USED TO CONSTRUCT A MOUNTAIN BIKE COURSE AVAILABLE FREE OF CHARGE TO THE GENERAL PUBLIC
DONATION TO THE IRON COUNTY SHELTERED WORKSHOP TO ASSIST IN CREATING A TRAINING AND EMPLOYMENT OPPORTUNITY FOR COUNTYS DISABLED CITIZENS
DONATION TO THE CITY OF IRONTON MO TO BE USED TO CONSTRUCT A MOUNTAIN BIKE COURSE AVAILABLE FREE OF CHARGE TO THE GENERAL PUBLIC
DONATION TO THE IRON COUNTY SHELTERED WORKSHOP TO ASSIST IN CREATING A TRAINING AND EMPLOYMENT OPPORTUNITY FOR COUNTYS DISABLED CITIZENS
DONATION TO THE CITY OF IRONTON MO TO BE USED TO CONSTRUCT A MOUNTAIN BIKE COURSE AVAILABLE FREE OF CHARGE TO THE GENERAL PUBLIC
DONATION TO THE IRON COUNTY SHELTERED WORKSHOP TO ASSIST IN CREATING A TRAINING AND EMPLOYMENT OPPORTUNITY FOR COUNTYS DISABLED CITIZENS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Mayberry Director | 1 | $0 | |
Brian Matt President | 2 | $0 | |
September Bennett Director | 1 | $0 | |
Brian Parker Advisor | 1 | $0 | |
Gary Lotz Secretary | 2 | $0 | |
Jim Scaggs Iron County Commission Rep | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $133,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $365,112 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,262 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,168 |
| Total Revenue | $501,068 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $15,733 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,081 |
| Depreciation | $0 |
| Occupancy | $8,633 |
| Travel, conferences, and meetings | $1,250 |
| Printing and publications | $0 |
| Other expenses | $4,155 |
| Total operating and administrative expenses | $67,154 |
| Contributions, gifts, grants paid | $198,500 |
| Total expenses and disbursements | $265,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,047 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,250,360 |
| Accounts payable and accrued expenses | $311 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $311 |
Grants Awarded
Over the last fiscal year, Iron County Economic Partnership has awarded $1,107,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF IRONTON PURPOSE: FUNDS FOR BUILDING A MOUNTAIN BIKE COURSE FREE | $250,000 |
CITY OF IRONTON PURPOSE: FUNDS FOR BUILDING A MOUNTAIN BIKE COURSE FREE | $250,000 |
CITY OF IRONTON PURPOSE: FUNDS FOR BUILDING A MOUNTAIN BIKE COURSE FREE | $250,000 |
VARIOUS SEE STATEMENT PURPOSE: 1000 COVID RELIEF GRANTS - BUSINESSES IN IRON CO | $69,000 |
VARIOUS SEE STATEMENT PURPOSE: 1000 COVID RELIEF GRANTS - BUSINESSES IN IRON CO | $69,000 |
VARIOUS SEE STATEMENT PURPOSE: 1000 COVID RELIEF GRANTS - BUSINESSES IN IRON CO | $69,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metropolitan Entertainment & Omaha, NE | $158,635,208 | $95,451,675 |
Central Arkansas Development Council Benton, AR | $22,711,775 | $63,852,394 |
Chicago Convention & Tourism Bureau Inc Chicago, IL | $13,640,210 | $19,015,508 |
Mississippi County Arkansas Economic Opportunity Commission In Blytheville, AR | $4,387,153 | $19,452,667 |
Financial Health Network Inc Chicago, IL | $19,686,455 | $18,603,239 |
Vocational Development Center Inc Council Bluffs, IA | $12,984,673 | $16,204,305 |
Memphis Convention And Visitors Bureau Memphis, TN | $38,589,779 | $17,172,027 |
Southern Iowa Economic Development Association Ottumwa, IA | $4,848,905 | $15,262,424 |
St Louis Economic Development Partnership Saint Louis, MO | $27,235,860 | $13,883,018 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
Tennessee Technology Development Corporation Nashville, TN | $18,062,853 | $12,109,273 |
Crosswalk Community Action Agency Inc West Frankfort, IL | $2,780,027 | $11,762,821 |