Civic Intelligence

Morgan County Improvement Corporation

990 • Fiscal year 2023 • EIN 26-0090510

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 03, 2024

Organization Profile
155 E Main Street Room 135 Ste BMcconnelsville, OH 43756

(740) 962-6772

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

67th percentile

0.16x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

1.05x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

79th percentile

35%

Higher net margin than 79% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

64th percentile

$1,800

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Asset Growth

21st percentile

-4.4%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

76%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$4,052,619

Down $186,052 (-4.4%) from 2022

Net Assets

Up

$3,385,266

Up $223,231 (+7.1%) from 2022

Liabilities

Down

$667,353

Down $409,283 (-38%) from 2022

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin79th percentile

Revenue

Up

$634,170

Up $274,156 (+76%) from 2022

Expenses

Up

$410,939

Up $256,096 (+165%) from 2022

Net Income

Up

$223,231

Up $18,060 (+8.8%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2014: $6,124,780Liabilities 2014: $3,951,800Net Assets 2014: $2,172,9802014Assets 2015: $5,897,237Liabilities 2015: $3,624,952Net Assets 2015: $2,272,2852015Assets 2016: $5,686,767Liabilities 2016: $3,293,107Net Assets 2016: $2,393,6602016Assets 2017: $5,789,819Liabilities 2017: $3,407,421Net Assets 2017: $2,382,3982017Assets 2018: $5,113,631Liabilities 2018: $2,605,081Net Assets 2018: $2,508,5502018Assets 2019: $4,980,545Liabilities 2019: $2,242,085Net Assets 2019: $2,738,4602019Assets 2020: $4,702,300Liabilities 2020: $2,050,127Net Assets 2020: $2,652,1732020Assets 2021: $4,433,064Liabilities 2021: $1,476,200Net Assets 2021: $2,956,8642021Assets 2022: $4,238,671Liabilities 2022: $1,076,636Net Assets 2022: $3,162,0352022Assets 2023: $4,052,619Liabilities 2023: $667,353Net Assets 2023: $3,385,2662023Assets 2024: $3,826,016Liabilities 2024: $245,621Net Assets 2024: $3,580,3952024

Highlighted filing

2023

Assets$4,052,619
Liabilities$667,353
Net Assets$3,385,266
Open 2023 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2014: $378,164Expenses 2014: $192,403Net Income 2014: $185,7612014Revenue 2015: $367,927Expenses 2015: $268,622Net Income 2015: $99,3052015Revenue 2016: $379,375Expenses 2016: $258,000Net Income 2016: $121,3752016Revenue 2017: $719,180Expenses 2017: $730,442Net Income 2017: -$11,2622017Revenue 2018: $361,840Expenses 2018: $235,688Net Income 2018: $126,1522018Revenue 2019: $465,164Expenses 2019: $235,254Net Income 2019: $229,9102019Revenue 2020: $210,727Expenses 2020: $297,014Net Income 2020: -$86,2872020Revenue 2021: $520,282Expenses 2021: $215,591Net Income 2021: $304,6912021Revenue 2022: $360,014Expenses 2022: $154,843Net Income 2022: $205,1712022Revenue 2023: $634,170Expenses 2023: $410,939Net Income 2023: $223,2312023Revenue 2024: $361,566Expenses 2024: $166,437Net Income 2024: $195,1292024

Highlighted filing

2023

Revenue$634,170
Expenses$410,939
Net Income$223,231
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 3, 2024
Return Version
2023v5.0
Gross Receipts
$634,170
Mission and Program Overview

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,443,727$2,324,916▼ $118,811
Land, Buildings, and Equipment, Net$1,794,666$1,715,919▼ $78,747
Savings and Temporary Cash Investments$278$11,784▲ $11,506
Total Assets$4,238,671$4,052,619▼ $186,052
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,076,636$667,353▼ $409,283
Total Liabilities$1,076,636$667,353▼ $409,283
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,162,035$3,385,266▲ $223,231
Total Net Assets Fund Balance$3,162,035$3,385,266▲ $223,231
Total Liabilities and Net Assets / Fund Balance$4,238,671$4,052,619▼ $186,052

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,595,191$1,429,809$3,025,000
Land$110,740-$110,740
Other Land Buildings$9,988$8,812$18,800
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleBaseTotal
Kelsey WellsBoard Member$1,800$1,800

Board Members and Trustees

NameTitle
Adam ShriverBoard Member
Bernie AndersonBoard Member
Cecil MayleBoard Member
Chasity MayleBoard Member
Dean PonchakBoard Member
Mark HowdyshellBoard Member
Richard WelshBoard Member
Sarah HarlowBoard Member
Steve WilliamsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$265,737
Program Service Revenue
$360,000
Investment Income
$308
Other Revenue
$8,125
All Other Contributions
$265,737
Change in Net Assets
$223,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$409,139
Salaries, Compensation, and Employee Benefits$1,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$78,747--$78,747
Interest$26,773--$26,773
Occupancy$19,943--$19,943
Fees for Services Accounting$9,478--$9,478
Current Officers, Directors, Trustees, and Key Employees-$1,800-$1,800
All Other Expenses$739--$739
Other Expenses$588--$588
Total Functional Expenses$409,139$1,800$0$410,939
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MembersPYMT REC'D ON DEBTNo$118,811
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
Yes
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
No
Conflict-of-interest policy
No
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

“Reviewed and discussed during a normal board meeting.”

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

“Board proposed and approved compensation for kelsey wells.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Morgan County Improvement
EIN
26-0090510
Phone
7409626772
Address
155 E MAIN STREET ROOM 135 STE B, MCCONNELSVILLE, OH 43756

Signing Officer

Name
Kelsey Wells
Title
Board Member/treas
Phone
7406246607
Signed
2024-07-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kelsey Wells
Formed
1967
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Hamilton Waltman Obenour & Melsheimer
Address
PO BOX 8200, ZANESVILLE, OH 43702-8200
Preparer
Bryan T Melsheimer CPA
Phone
7404548852
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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 company leasing the industrial building to pay lower lease payments and gives them an incentive to come to morgan county, ohio to help reduce unemployment and create jobs in our local economy.”

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IRS990/OtherExpensesGrp/ProgramServicesAmt16384
IRS990/OtherExpensesGrp/ProgramServicesAmt2750
IRS990/OtherExpensesGrp/ProgramServicesAmt3588
IRS990/OtherExpensesGrp/TotalAmt0265737
IRS990/OtherExpensesGrp/TotalAmt16384
IRS990/OtherExpensesGrp/TotalAmt2750
IRS990/OtherExpensesGrp/TotalAmt3588
IRS990/OtherRevenueMiscGrp/Desc0EASEMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08125
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08125
IRS990/OtherRevenueTotalAmt08125
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02443727
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02324916
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KELSEY WELLS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0COMMERCIAL REAL ESTATE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0360000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0360000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt014
IRS990/PYOtherExpensesAmt0152443
IRS990/PYProgramServiceRevenueAmt0360000
IRS990/PYRevenuesLessExpensesAmt0205171
IRS990/PYSalariesCompEmpBnftPaidAmt02400
IRS990/PYTotalExpensesAmt0154843
IRS990/PYTotalRevenueAmt0360014
IRS990/ReconcilationRevenueExpnssAmt0223231
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0360000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0278
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011784
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01595191
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01429809
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03025000
IRS990ScheduleD/LandGrp/BookValueAmt0110740
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0110740
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09988
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08812
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt018800
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01715919
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0MCIC SINTER PROPERTY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0118811
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PYMT REC'D ON DEBT
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 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 COMPANY LEASING THE INDUSTRIAL BUILDING TO PAY LOWER LEASE PAYMENTS AND GIVES THEM AN INCENTIVE TO COME TO MORGAN COUNTY, OHIO TO HELP REDUCE UNEMPLOYMENT AND CREATE JOBS IN OUR LOCAL ECONOMY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED AND DISCUSSED DURING A NORMAL BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD PROPOSED AND APPROVED COMPENSATION FOR KELSEY WELLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MCIC SINTER PROPERTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0463597825
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0LEASING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0155 E MAIN STREET ROOM 135 STE B
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MCCONNELSVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd043756
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0118811
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0PYMTS REC'D ON DEBT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MCIC SINTER PROPERTY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04238671
IRS990/TotalAssetsEOYAmt04052619
IRS990/TotalAssetsGrp/BOYAmt04238671
IRS990/TotalAssetsGrp/EOYAmt04052619
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0265737
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01800
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0409139
IRS990/TotalFunctionalExpensesGrp/TotalAmt0410939
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01076636
IRS990/TotalLiabilitiesEOYAmt0667353
IRS990/TotalLiabilitiesGrp/BOYAmt01076636
IRS990/TotalLiabilitiesGrp/EOYAmt0667353
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03162035
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03385266
IRS990/TotalProgramServiceExpensesAmt0409139
IRS990/TotalProgramServiceRevenueAmt0360000
IRS990/TotalReportableCompFromOrgAmt01800
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0368433
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0634170
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04238671
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04052619
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0155 E MAIN ST ROOM 135 SUITE B
IRS990/USAddress/CityNm0MCCONNELSVILLE
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd043756
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KELSEY WELLS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD MEMBER/TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum07406246607
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORGAN COUNTY IMPROVEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MORG
ReturnHeader/Filer/EIN0260090510
ReturnHeader/Filer/PhoneNum07409626772
ReturnHeader/Filer/USAddress/AddressLine1Txt0155 E MAIN STREET ROOM 135 STE B
ReturnHeader/Filer/USAddress/CityNm0MCCONNELSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043756
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203388433
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HAMILTON WALTMAN OBENOUR & MELSHEIMER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 8200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ZANESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0437028200
ReturnHeader/PreparerPersonGrp/PhoneNum07404548852
ReturnHeader/PreparerPersonGrp/PreparationDt02024-07-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYAN T MELSHEIMER CPA
ReturnHeader/ReturnTs02024-08-09T10:37:41-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,052,619
Liabilities
$667,353
Net assets
$3,385,266
Revenue
$634,170
Expenses
$410,939
Net income
$223,231
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.83$0.25$3.58$0.36$0.17$0.20
2023Detailed filing. Detailed filing data is available for this year.$4.05$0.67$3.39$0.63$0.41$0.22
2022Detailed filing. Detailed filing data is available for this year.$4.24$1.08$3.16$0.36$0.15$0.21
2021Detailed filing. Detailed filing data is available for this year.$4.43$1.48$2.96$0.52$0.22$0.30
2020Detailed filing. Detailed filing data is available for this year.$4.70$2.05$2.65$0.21$0.30$0.09
2019Detailed filing. Detailed filing data is available for this year.$4.98$2.24$2.74$0.47$0.24$0.23
2018Detailed filing. Detailed filing data is available for this year.$5.11$2.61$2.51$0.36$0.24$0.13
2017Detailed filing. Detailed filing data is available for this year.$5.79$3.41$2.38$0.72$0.73$0.01
2016Detailed filing. Detailed filing data is available for this year.$5.69$3.29$2.39$0.38$0.26$0.12
2015Detailed filing. Detailed filing data is available for this year.$5.90$3.62$2.27$0.37$0.27$0.10
2014Detailed filing. Detailed filing data is available for this year.$6.12$3.95$2.17$0.38$0.19$0.19