Civic Intelligence

East Central Indiana Regional

EIN 20-4381437 • 501(c)3 • Muncie, IN

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Profile

The east central indiana regional partnership is dedicated to fostering economic growth in the east central indiana nine-county region as the lead economic development marketing and business attraction organization. Through collaboration with local economic development organizations and the state's lead agency - the indiana economic development corporation - ecirp will work to attract new investment, support existing industries, and enhance the quality of life, place, and opportunity for all residents.

PO Box 1912Muncie, IN 47308

www.ecirp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.46x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

47th percentile

0.06x

Higher debt load relative to revenue than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

-0.7%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$161,181

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

44th percentile

1.3%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

90th percentile

96%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$619,329

Up $8,200 (+1.3%) from 2023

Liabilities

Up

$285,289

Up $40,052 (+16%) from 2023

Net Assets

Down

$334,040

Down $31,852 (-8.7%) from 2023

Operations
Liabilities / Revenue47th percentileNet Margin37th percentile

Revenue

Up

$4,620,118

Up $2,267,455 (+96%) from 2023

Expenses

Up

$4,651,970

Up $2,161,912 (+87%) from 2023

Net Income

Up

-$31,852

Up $105,543 (+77%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2011: $312,773Liabilities 2011: $0Net Assets 2011: $312,7732011Assets 2012: $318,848Liabilities 2012: $0Net Assets 2012: $318,8482012Assets 2013: $348,638Liabilities 2013: $0Net Assets 2013: $348,6382013Assets 2014: $375,493Liabilities 2014: $0Net Assets 2014: $375,4932014Assets 2015: $355,988Liabilities 2015: $10,801Net Assets 2015: $345,1872015Assets 2016: $325,702Liabilities 2016: $2,383Net Assets 2016: $323,3192016Assets 2017: $369,013Liabilities 2017: $6,350Net Assets 2017: $362,6632017Assets 2018: $342,548Liabilities 2018: $5,163Net Assets 2018: $337,3852018Assets 2019: $343,497Liabilities 2019: $5,269Net Assets 2019: $338,2282019Assets 2020: $328,492Liabilities 2020: $7,688Net Assets 2020: $320,8042020Assets 2021: $440,383Liabilities 2021: $4,213Net Assets 2021: $436,1702021Assets 2022: $918,661Liabilities 2022: $415,374Net Assets 2022: $503,2872022Assets 2023: $611,129Liabilities 2023: $245,237Net Assets 2023: $365,8922023Assets 2024: $619,329Liabilities 2024: $285,289Net Assets 2024: $334,0402024

Highlighted filing

2024

Assets$619,329
Liabilities$285,289
Net Assets$334,040
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $366,511Expenses 2011: $296,471Net Income 2011: $70,0402011Expenses 2012: $287,8872012Revenue 2013: $350,907Expenses 2013: $321,117Net Income 2013: $29,7902013Revenue 2014: $357,605Expenses 2014: $330,750Net Income 2014: $26,8552014Revenue 2015: $328,572Expenses 2015: $358,878Net Income 2015: -$30,3062015Revenue 2016: $344,557Expenses 2016: $366,425Net Income 2016: -$21,8682016Revenue 2017: $372,737Expenses 2017: $333,393Net Income 2017: $39,3442017Revenue 2018: $474,458Expenses 2018: $499,736Net Income 2018: -$25,2782018Revenue 2019: $384,083Expenses 2019: $383,240Net Income 2019: $8432019Revenue 2020: $358,083Expenses 2020: $375,507Net Income 2020: -$17,4242020Revenue 2021: $559,850Expenses 2021: $444,484Net Income 2021: $115,3662021Revenue 2022: $833,902Expenses 2022: $766,784Net Income 2022: $67,1182022Revenue 2023: $2,352,663Expenses 2023: $2,490,058Net Income 2023: -$137,3952023Revenue 2024: $4,620,118Expenses 2024: $4,651,970Net Income 2024: -$31,8522024

Highlighted filing

2024

Revenue$4,620,118
Expenses$4,651,970
Net Income-$31,852
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$619,329
Liabilities
$285,289
Net assets
$334,040
Revenue
$4,620,118
Expenses
$4,651,970
Net income
-$31,852
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.29$0.33$4.62$4.65$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.25$0.37$2.35$2.49$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.92$0.42$0.50$0.83$0.77$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.56$0.44$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.01$0.32$0.36$0.38$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.34$0.38$0.38$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.34$0.47$0.50$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.36$0.37$0.33$0.04
2016Summary only. Only limited summary data is available for this year.$0.33$0.00$0.32$0.34$0.37$0.02
2015Summary only. Only limited summary data is available for this year.$0.36$0.01$0.35$0.33$0.36$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.36$0.33$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.35$0.32$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.00$0.32$0.29
2011Summary only. Only limited summary data is available for this year.$0.31$0.00$0.31$0.37$0.30$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.0
Gross Receipts
$4,620,118
Mission and Program Overview

Mission

To market the assets and resources of the 10 county east central indiana region by coordinating with local and state economic development organizations to bring capital investment and new jobs to the region and to assist existing businesses to grow and prosper.

The east central indiana regional partnership is dedicated to fostering economic growth in the east central indiana nine-county region as the lead economic development marketing and business attraction organization. Through collaboration with local economic development organizations and the state's lead agency - the indiana economic development corporation - ecirp will work to attract new investment, support existing industries, and enhance the quality of life, place, and opportunity for all residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$369,822$617,904▲ $248,082
Accounts Receivable$239,882--
Prepaid Expenses and Deferred Charges$1,425$1,425→ $0
Total Assets$611,129$619,329▲ $8,200
Liabilities
Accounts Payable and Accrued Expenses$245,237$285,289▲ $40,052
Total Liabilities$245,237$285,289▲ $40,052
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$200,959$183,465▼ $17,494
Net Assets With Donor Restrictions$164,933$150,575▼ $14,358
Total Net Assets Fund Balance$365,892$334,040▼ $31,852
Total Liabilities and Net Assets / Fund Balance$611,129$619,329▲ $8,200

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,813$3,813
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Trevor FriedebergPresident/ceFT$146,731$14,450$161,181
Trevor FriedebergPresident/CEO-$146,731$14,450$161,181

Board Members and Trustees

NameTitle
Haley TomlinsonChair
Garrett DoanVice Chair
Ashley SavieoDirector
Becca RiceDirector
Bryan BrackemyreDirector
Daniel BakerDirector
Greg WhiteDirector
Gus LindeDirector
Jason MillerDirector
John MccaneDirector
Kevin KirbyDirector
Rachel HuserDirector
Travis RichardsDirector
Tricia StanleyDirector
Valerie ShafferDirector
Wade AmosDirector
Warren BrownDirector
Caitlin HancockCurrent Pres
Alexandra PflugSecretary
Scott RiggsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$434,145
Program Service Revenue
$4,179,484
Investment Income
$41
Other Revenue
$6,448
All Other Contributions
$229,145
Change in Net Assets
$-31,852
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,399,690
Salaries, Compensation, and Employee Benefits$252,280
Total Fundraising Expense$24,404
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$135,394$5,595$20,191$161,180
Other Salaries and Wages$60,235--$60,235
Advertising$56,419--$56,419
Conferences and Meetings$46,548--$46,548
Other Expenses$35,632--$35,632
Payroll Taxes$14,075-$1,564$15,639
Other Employee Benefits$12,823-$2,403$15,226
Occupancy-$12,288-$12,288
Fees for Services Accounting-$7,140-$7,140
Office Expenses$41$6,231-$6,272
Travel$4,676-$246$4,922
Insurance-$808-$808
Information Technology$711--$711
Total Functional Expenses$4,595,504$32,062$24,404$4,651,970
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 reviewed by board prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Compliance reviewed annually.”

Form 990, Page 6, Part VI, Line 15A

“Review and approval of compensation is performed by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Review and approval of compensation is performed by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Documentation provided upon written request.”

Filing and Contact Details

Filer

Filer Name
East Central Indiana Regional
EIN
20-4381437
Phone
7652541420
Address
PO BOX 1912, MUNCIE, IN 47308

Signing Officer

Name
Caitlin Hancock
Title
Current Pres/CEO
Phone
7652541420
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Caitlin Hancock
Formed
2005
Legal Domicile
In
Voting Board Members
21
Independent Board Members
21
Employees
2
Volunteers
21

Preparer

Firm
Cardinal CPA Group LLC
Address
330 E MAIN ST, MUNCIE, IN 47305
Preparer
Jennifer L Bales CPA
Phone
7652897951
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The east central indiana regional partnership is dedicated to fostering economic growth in the east central indiana nine-county region as the lead economic development marketing and business attraction organization. Through collaboration with local economic development organizations and the state's lead agency - the indiana economic development corporation - ecirp will work to attract new investment, support existing industries, and enhance the quality of life, place, and opportunity for all residents.”

Form 990, Part XI, Line 9

“ROUNDING 0”

Raw XML AppendixShowing 400 of 497 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20CURRENT PRES
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IRS990/MissionDesc0THE EAST CENTRAL INDIANA REGIONAL PARTNERSHIP IS DEDICATED TO FOSTERING ECONOMIC GROWTH IN THE EAST CENTRAL INDIANA NINE-COUNTY REGION AS THE LEAD ECONOMIC DEVELOPMENT MARKETING AND BUSINESS ATTRACTION ORGANIZATION. THROUGH COLLABORATION WITH LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS AND THE STATE'S LEAD AGENCY - THE INDIANA ECONOMIC DEVELOPMENT CORPORATION - ECIRP WILL WORK TO ATTRACT NEW INVESTMENT, SUPPORT EXISTING INDUSTRIES, AND ENHANCE THE QUALITY OF LIFE, PLACE, AND OPPORTUNITY FOR ALL RESIDENTS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0TO RESPOND TO THE THE COVID-19 PUBLIC HEALTH EMERGENCY IMPACT AND TO MAKE NECESSARY INVESTMENTS IN WATER, SEWER, OR BROADBAND INFRASTRUCTURE.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 33,080
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