Economic Development Corporation

Community development organization based in Richmond, IN. 5 employees. Exempt under §501(c)(3).

MissionTO PROMOTE AND SUPPORT ECONOMIC DEVELOPMENT, GROWTH AND EXPANSION WITHIN THE WAYNE COUNTY, INDIANA AREA.

EIN
35-1890802
State
IN
Sector
Community development
Budget band
$500K–$1M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$863K
Total revenue
$750K
Total expenses
$213K
Net assets

Financial health · TY 2024

30
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
16
2.8 months of expenses
Program efficiency
58
73.2% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

$144,926
84th percentile vs. peers

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Economic Development Corporation Executive Compensation | 990 Data | DoubleNine