NonprofitsDelaware Advancement Corporation

Delaware Advancement Corporation

MUNCIE, IN

Total revenue

$4.4M

Total expenses

$4.0M

Net assets

$8.7M

Grants received

$1.6M

18 grants

EIN

311111841

Tax year

2023

Mission

Economic development

Programs

2 programs

Economic development of muncie-delaware county by seeking new employers and maintaining existing business.

Expenses: $892K

Manage parking garage associated with the convention center

Expenses: $69K

Financials

FY 2023

Revenue

Contributions & grants$2.9M
Program service revenue$304K
Investment income$128K
Other revenue$1.0M
Total revenue$4.4M

Expenses

Grants paid
Salaries & benefits$2.0M
Fundraising$70K
Other expenses$2.0M
Total expenses$4.0M
Total assets$15.2M
Net assets$8.7M

People

18 listed

NameRoleCompensation

JOANN MCKINNEY

PRES/CEO-HOR

Board

$150K

40 hrs/wk

ELIZABETH ROWRAY

PRESIDENT/CE

Board

$144K

13 hrs/wk

BRYAN AYERS

DIRECTOR

Board

1 hrs/wk

WATASHA BARNES GRIFFIN

DIRECTOR

Board

1 hrs/wk

JOE BARR

TREASURER

Board

1 hrs/wk

JENNIFER GASIOREK

DIRECTOR

Board

1 hrs/wk

JENNIFER GIBSON

VICE CHAIR

Board

1 hrs/wk

JOE HAMILTON

DIRECTOR

Board

1 hrs/wk

JEFF HOWE

DIRECTOR

Board

1 hrs/wk

JEFF HUFF

DIRECTOR

Board

1 hrs/wk

ROB KEISLING

CHAIR

Board

1 hrs/wk

MIKE O'CONNELL

DIRECTOR

Board

1 hrs/wk

JEFF PARSONS

SECRETARY

Board

1 hrs/wk

JESSICA PIPER

DIRECTOR

Board

1 hrs/wk

ANDREW POPP

DIRECTOR

Board

1 hrs/wk

DAN RIDENOUR

DIRECTOR

Board

1 hrs/wk

SHERRY RIGGIN

DIRECTOR

Board

1 hrs/wk

RHONDA WARD

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$3K
ECI REGIONAL CLUSTER STUDY
2024
$185K
TALENT LIAISON POSITION; VP TALENT DEVELOPMENT SUPPORT; VISION 2027 PLAN IMPLEMENTATION; CAN LEADERSHIP RECOGNITION
2023
$65K
Linking Industry & Education to Transform Muncie v
2023
$5K
ECI READI 2.0
2023
$300K
VISION PLAN FUNDING
2022
$300K
VISION PLAN FUNDING
2022
$100K
ECONOMIC DEVELOPMENT
2022
$60K
VISION 2021 GAP YEAR
2022
$45K
Operations and Technology
2022
$10K
Vision 2021- Gap Year
2022
$100K
ECONOMIC DEVELOPMENT
2020
$35K
RIVERSIDE-JACKSON TRAIL TREE REPLACEMENT & BEAUTIFICATION; BUILD GRANT; CHAMBER MEMBER SURVEY
2020
$100K
ECONOMIC DEVELOPMENT
2019

Funded by

$1.6M from 5 funders · 18 grants · 2018–2024

Ball Brothers Foundation

$643K · 5 grants · 2020–2024

The Community Foundation Of Muncie

$425K · 4 grants · 2019–2023

George And Frances Ball Foundation

$365K · 4 grants · 2018–2023

American Electric Power Foundation

$120K · 3 grants · 2022–2023

Details

EIN311111841
Subsection03
Ruling date1984-12
Formed1984
Employees57
Volunteers16
DELAWARE ADVANCEMENT CORPORATION — Mission, Financials & Grants Received | Grantivo