Economic Council Of Okeechobee County Inc
- Assets
- $32.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Okeechobee, FL
- Founding
- 09/1991
- Data as of
- 12/2022
- EIN
- 65-0174688
Organization Overview
Economic Council Of Okeechobee County Inc is located in Okeechobee, FL. The organization was established in 1991. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Economic Council Of Okeechobee County 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 12/2022, Economic Council Of Okeechobee County Inc generated $77.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $77.5k during the year ending 12/2022. While expenses have increased by 7.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ECONOMIC COUNCIL OF OKEECHOBEE IS A NOT-FOR-PROFIT, NON-GOVERNMENTAL, NON-PARTISAN ORGANIZATION, AND TO SUCH END, SHALL UNDERTAKE OPERATIONS THAT: (A) ACT AS A CATALYSIT BETWEEN THE PUBLIC AND PRIVATE SECTORS TO FOSTER DIALOGUE, PLANNING AND ACTION; (B) INVOLVE THE ECONOMIC, POLITICAL, AND SOCIAL PROCESSES OF THE COUNTY; (C) COMPRISE THE TOP INDUSTRY, BUSINESS, AND PROFESSIONAL LEADERS OF THE COMMUNITY; (D) PROMOTE PRINCIPLES OF GOOD GOVERNMENT AND GOOD CITIZENSHIP; (E) PROVIDE A FORUM FOR OPEN DISCUSSION OF MATTERS OF PUBLIC INTEREST; AND (F) ENCOURAGE SERVICE-MINDED INDIVIDUALS TO SERVE THEIR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Tucker Director | 0.5 | $0 | |
Jeff Sumner Chairman | 0.5 | $0 | |
Dawn Hoover Secretary | 0.5 | $0 | |
Dr Melissa Kindell Director | 0.5 | $0 | |
John Williams Treasurer | 0.5 | $0 | |
Rick Chartier Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $77,391 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,395 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,874 |
| Professional fees and other payments to independent contractors | $7,602 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,063 |
| Total expenses | $77,539 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,130 |
| Other assets | $0 |
| Total assets | $32,373 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,373 |