NonprofitsMorgan County Improvement Corporation

Community Improvement & Capacity Building

Morgan County Improvement Corporation

MCCONNELSVLE, OH

Total revenue

$362K

Total expenses

$166K

Net assets

$3.6M

Grants received

EIN

260090510

Tax year

2024

Mission

The sole purpose for which the corporation is formed is to advance, encourage, and promote industrial, economic, commercial, and civic development of the county of morgan, and the municipal corporations located therein by acting as the designated agency of the county of morgan, one or more municipal corporations located therein, or the county of morgan and one or more municipal corporations located therein, for the industrial, commercial, distribution, and research development in such political subdivision in accordance with section 1724.10, revised code. To provide real property for an industrial building being financed in part by loans and grants from the state of ohio. The corporation shall have the right to raise money and expend funds for community projects in morgan county, ohio. Our activity furthers our exempt purpose as we are able to obtain loans with lower than standard interest rates and grants from the state of ohio to finance the real property, which in turn allows the co

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$360K
Investment income$126
Other revenue$1K
Total revenue$362K

Expenses

Grants paid
Salaries & benefits$3K
Fundraising
Other expenses$163K
Total expenses$166K
Total assets$3.8M
Net assets$3.6M

People

10 listed

NameRoleCompensation

KELSEY WELLS

BOARD MEMBER

Board

$3K

1.25 hrs/wk

BERNIE ANDERSON

BOARD MEMBER

Board

0.5 hrs/wk

SARAH HARLOW

BOARD MEMBER

Board

0.5 hrs/wk

MARK HOWDYSHELL

BOARD MEMBER

Board

1.25 hrs/wk

CECIL MAYLE

BOARD MEMBER

Board

0.5 hrs/wk

CHASITY MAYLE

BOARD MEMBER

Board

0.5 hrs/wk

DEAN PONCHAK

BOARD MEMBER

Board

0.5 hrs/wk

ADAM SHRIVER

BOARD MEMBER

Board

1.25 hrs/wk

RICHARD WELSH

BOARD MEMBER

Board

0.5 hrs/wk

STEVE WILLIAMS

BOARD MEMBER

Board

0.5 hrs/wk

Details

EIN260090510
NTEE codeS20
Subsection04
Ruling date2015-04
Formed1967
Employees0
MORGAN COUNTY IMPROVEMENT CORPORATION — Mission, Financials & Grants Received | Grantivo