Civic Intelligence

Madison County Economic Development Inc.

990 • Fiscal year 2023 • EIN 35-1473675

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

Organization ProfileWWW.CEDANDERSON.COM
739 Main StAnderson, IN 46016

(765) 642-1860

Siviq Scores

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

Liabilities / Assets

67th percentile

0.01x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.01x

Higher debt load relative to revenue than 68% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

42nd percentile

-0.1%

Higher net margin than 42% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

47th percentile

-0.0%

Faster asset growth than 47% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

76th percentile

37%

Faster revenue growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets67th percentile

Assets

Down

$388,282

Down $20 (-0.0%) from 2022

Net Assets

Down

$383,431

Down $579 (-0.2%) from 2022

Liabilities

Up

$4,851

Up $559 (+13%) from 2022

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin42nd percentile

Revenue

Up

$434,983

Up $118,083 (+37%) from 2022

Expenses

Up

$435,562

Up $53,387 (+14%) from 2022

Net Income

Up

-$579

Up $64,696 (+99%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$1.0M$500K$0Assets 2010: $804,669Liabilities 2010: $468Net Assets 2010: $804,2012010Assets 2011: $707,162Liabilities 2011: $505Net Assets 2011: $706,6572011Assets 2012: $597,872Liabilities 2012: $11,464Net Assets 2012: $586,4082012Assets 2013: $620,214Liabilities 2013: $7,494Net Assets 2013: $612,7202013Assets 2014: $693,793Liabilities 2014: $9,425Net Assets 2014: $684,3682014Assets 2015: $681,275Liabilities 2015: $9,078Net Assets 2015: $672,1972015Assets 2016: $613,545Liabilities 2016: $8,942Net Assets 2016: $604,6032016Assets 2017: $356,831Liabilities 2017: $13,849Net Assets 2017: $342,9822017Assets 2018: $320,322Liabilities 2018: $7,429Net Assets 2018: $312,8932018Assets 2019: $297,444Liabilities 2019: $714Net Assets 2019: $296,7302019Assets 2020: $348,406Liabilities 2020: $743Net Assets 2020: $347,6632020Assets 2021: $452,904Liabilities 2021: $3,619Net Assets 2021: $449,2852021Assets 2022: $388,302Liabilities 2022: $4,292Net Assets 2022: $384,0102022Assets 2023: $388,282Liabilities 2023: $4,851Net Assets 2023: $383,4312023Assets 2024: $293,516Liabilities 2024: $4,698Net Assets 2024: $288,8182024

Highlighted filing

2023

Assets$388,282
Liabilities$4,851
Net Assets$383,431
Open 2023 Filing

Operations Trend

Revenue Growth76th percentile

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $251,9992010Expenses 2011: $246,2042011Expenses 2012: $282,1582012Revenue 2013: $282,351Expenses 2013: $256,039Net Income 2013: $26,3122013Revenue 2014: $357,756Expenses 2014: $286,108Net Income 2014: $71,6482014Revenue 2015: $328,586Expenses 2015: $340,757Net Income 2015: -$12,1712015Revenue 2016: $232,765Expenses 2016: $312,908Net Income 2016: -$80,1432016Revenue 2017: $361,141Expenses 2017: $449,132Net Income 2017: -$87,9912017Revenue 2018: $257,648Expenses 2018: $287,737Net Income 2018: -$30,0892018Revenue 2019: $248,463Expenses 2019: $264,626Net Income 2019: -$16,1632019Revenue 2020: $331,782Expenses 2020: $280,849Net Income 2020: $50,9332020Revenue 2021: $373,105Expenses 2021: $271,483Net Income 2021: $101,6222021Revenue 2022: $316,900Expenses 2022: $382,175Net Income 2022: -$65,2752022Revenue 2023: $434,983Expenses 2023: $435,562Net Income 2023: -$5792023Revenue 2024: $525,569Expenses 2024: $620,182Net Income 2024: -$94,6132024

Highlighted filing

2023

Revenue$434,983
Expenses$435,562
Net Income-$579
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$434,983
Mission and Program Overview

Mission

The mission of the anderson corporation for economic development is to plan and undertake activities leading to a steady job growth, increasing economic diversity, and a strengthened employer base which enhance the quality of life of madison county, indiana.

The primary exempt purpose of the anderson corporation for economic development is to plan and undertake activities leading to a steady job growth, increasing economic diversity and a strengthened employer base in the city of anderson and county of madison, indiana. Central to this purpose is the development of multiple industrial parks to attract and maintain businesses and industry. In addition, there are ongoing efforts to assist businesses in growing or relocating in madison county, indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$253,732$253,732→ $0
Cash and Non-Interest-Bearing Accounts$131,166$131,764▲ $598
Land, Buildings, and Equipment, Net$3,404$2,786▼ $618
Total Assets$388,302$388,282▼ $20
Liabilities
Other Liabilities$4,292$4,851▲ $559
Total Liabilities$4,292$4,851▲ $559
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$384,010$383,431▼ $579
Total Net Assets Fund Balance$384,010$383,431▼ $579
Total Liabilities and Net Assets / Fund Balance$388,302$388,282▼ $20

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,786$6,498$9,284
Equipment$0$1,055$1,055
Investment Program Related Org$253,732--
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Mark HarvillePresident
Migual PattersonVice President
Beth TharpDirector
Bill WatsonDirector
Brian DonahueDirector
Brian GildeaDirector
Kim TownsendDirector
Kirk KlabundeDirector
Mia JohnsonDirector
Mike MontgomeryDirector
Nancy AndersonDirector
WILLIAM O'NEALDirector
Rob SparksExecutive Director
Brian EarleySecretary
Bill FredericksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$218,100
Program Service Revenue
$216,883
Investment Income
$0
Other Revenue
$0
All Other Contributions
$118,100
Change in Net Assets
$-579
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$265,205
Other Expenses$170,357
Total Fundraising Expense$33,232
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$93,600$11,700$11,700$117,000
Other Salaries and Wages$54,477$43,581$10,895$108,953
Fees for Services Legal$50,860--$50,860
Pension Plan Contributions$14,422$5,220$2,182$21,824
Payroll Taxes$11,413$4,272$1,743$17,428
Travel$11,923--$11,923
Information Technology$5,264$1,170$5,264$11,698
Occupancy$9,266$2,317-$11,583
Advertising$4,758-$529$5,287
Insurance$2,833$944-$3,777
Office Expenses$919$1,840$919$3,678
Other Expenses$3,390--$3,390
Fees for Services Accounting$843$843-$1,686
Depreciation Depletion$495$124-$619
Total Functional Expenses$330,319$72,011$33,232$435,562
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll Tax$4,851
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“Board positions becoming available each year are nominated by members of the board and elected by the full board. Members serve for three year terms.”

Form 990, Part VI, Section A, Line 7B

“All disbursements falling outside the budgeted amount are approved by the board. Sale of land investments are approved by the board. Purchases of other than de minimus amounts for fixed assets are approved by the board.”

Form 990, Part VI, Section B, Line 11B

“The 990 is emailed to all board members prior to the electronic filing of the 990.”

Form 990, Part VI, Section B, Line 12C

“Conflicts are reviewed by the executive committee. Should a conflict exist, the nature of the conflict is evaluated and addressed with the goal of abating the conflict or asking for resignation.”

Form 990, Part VI, Section B, Line 15

“Recommendations by the executive director are approved by the full board as part of the approval of the annual budget.”

Form 990, Part VI, Section C, Line 19

“Governing documents and conflict of interest policy are available to the public at the offices of anderson corporation for economic development.”

Filing and Contact Details

Filer

Filer Name
Madison County Economic Development Inc
EIN
35-1473675
Phone
7656421860
Address
739 MAIN ST, ANDERSON, IN 46016
Doing Business As
Corporation for Economic Development

Signing Officer

Name
Mark Harville
Title
President
Phone
7656421860
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Harville
Formed
1983
Legal Domicile
In
Voting Board Members
15
Independent Board Members
15
Employees
3
Volunteers
0

Preparer

Firm
Whitinger & Company LLC
Address
10735 SKY PRAIRIE STREET SUITE 100, FISHERS, IN 46038
Preparer
Paul D Miller CPA
Phone
3178416009
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

“There are 15 noncompensated members of the board of directors. There are 6 board meetings a year usually lasting 1-1.5 hours. In addition, there is an executive committee comprised of officers of the board that normally meet on an as-needed basis. Ad-hoc committees are appointed as need arises. There are no board fees paid nor any other benefit or compensation---strictly volunteer.”

Form 990, Part XII, Line 1

“The anderson corporation for economic development uses the modified cash basis of accounting to prepare the form 990.”

Raw XML AppendixShowing 400 of 452 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/ActivityOrMissionDesc0THE PRIMARY EXEMPT PURPOSE OF THE ANDERSON CORPORATION FOR ECONOMIC DEVELOPMENT IS TO PLAN AND UNDERTAKE ACTIVITIES LEADING TO A STEADY JOB GROWTH, INCREASING ECONOMIC DIVERSITY AND A STRENGTHENED EMPLOYER BASE IN THE CITY OF ANDERSON AND COUNTY OF MADISON, INDIANA. CENTRAL TO THIS PURPOSE IS THE DEVELOPMENT OF MULTIPLE INDUSTRIAL PARKS TO ATTRACT AND MAINTAIN BUSINESSES AND INDUSTRY. IN ADDITION, THERE ARE ONGOING EFFORTS TO ASSIST BUSINESSES IN GROWING OR RELOCATING IN MADISON COUNTY, INDIANA.
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IRS990/Desc0IN 2023, WE RECEIVED 192 NEW PROJECT SUBMISSIONS FOR MADISON COUNTY AND ACHIEVED 3 PROJECT SUCCESSES, CREATING MORE THAN 150 NEW JOBS AND MORE THAN $50 MILLION OF INVESTMENT. OF THESE SUCCESSES, 2 WERE NEW ATTRACTIONS TO MADISON COUNTY, AND 1 WAS AN EXPANSION OF AN EXISTING COMPANY.
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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE ANDERSON CORPORATION FOR ECONOMIC DEVELOPMENT IS TO PLAN AND UNDERTAKE ACTIVITIES LEADING TO A STEADY JOB GROWTH, INCREASING ECONOMIC DIVERSITY, AND A STRENGTHENED EMPLOYER BASE WHICH ENHANCE THE QUALITY OF LIFE OF MADISON COUNTY, INDIANA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NameChangeInd0X
IRS990/NetAssetsOrFundBalancesBOYAmt0384010
IRS990/NetAssetsOrFundBalancesEOYAmt0383431
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0384010
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0383431
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02317
IRS990/OccupancyGrp/ProgramServicesAmt09266
IRS990/OccupancyGrp/TotalAmt011583
IRS990/OfficeExpensesGrp/FundraisingAmt0919
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01840
IRS990/OfficeExpensesGrp/ProgramServicesAmt0919
IRS990/OfficeExpensesGrp/TotalAmt03678
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PROJECT OASIS
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2LAND OPTIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt051331
IRS990/OtherExpensesGrp/ProgramServicesAmt114525
IRS990/OtherExpensesGrp/ProgramServicesAmt23390
IRS990/OtherExpensesGrp/TotalAmt051331
IRS990/OtherExpensesGrp/TotalAmt114525
IRS990/OtherExpensesGrp/TotalAmt23390
IRS990/OtherLiabilitiesGrp/BOYAmt04292
IRS990/OtherLiabilitiesGrp/EOYAmt04851
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010895
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt043581
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt054477
IRS990/OtherSalariesAndWagesGrp/TotalAmt0108953
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01743
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04272
IRS990/PayrollTaxesGrp/ProgramServicesAmt011413
IRS990/PayrollTaxesGrp/TotalAmt017428
IRS990/PensionPlanContributionsGrp/FundraisingAmt02182
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05220
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014422
IRS990/PensionPlanContributionsGrp/TotalAmt021824
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MARK HARVILLE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0FEES FOR SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1COMMON AREA MAINT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0213239
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13644
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0213239
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13644
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0101600
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0176488
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0215300
IRS990/PYRevenuesLessExpensesAmt0-65275
IRS990/PYSalariesCompEmpBnftPaidAmt0205687
IRS990/PYTotalExpensesAmt0382175
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0316900
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-579
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0216883
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0218100
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt041600
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt046700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt034300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0111700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0452400
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0452400
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0218100
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt041600
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt046700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt034300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0111700
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0452400
IRS990ScheduleA/TotalSupportAmt0452400
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01055
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01055
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0253732
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LAND IN INDUSTRIAL PARK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02786
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06498
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09284
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL TAX
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02786
IRS990ScheduleD/TotalBookValueProgramRltdAmt0253732
IRS990ScheduleD/TotalLiabilityAmt04851
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE 15 NONCOMPENSATED MEMBERS OF THE BOARD OF DIRECTORS. THERE ARE 6 BOARD MEETINGS A YEAR USUALLY LASTING 1-1.5 HOURS. IN ADDITION, THERE IS AN EXECUTIVE COMMITTEE COMPRISED OF OFFICERS OF THE BOARD THAT NORMALLY MEET ON AN AS-NEEDED BASIS. AD-HOC COMMITTEES ARE APPOINTED AS NEED ARISES. THERE ARE NO BOARD FEES PAID NOR ANY OTHER BENEFIT OR COMPENSATION---STRICTLY VOLUNTEER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD POSITIONS BECOMING AVAILABLE EACH YEAR ARE NOMINATED BY MEMBERS OF THE BOARD AND ELECTED BY THE FULL BOARD. MEMBERS SERVE FOR THREE YEAR TERMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DISBURSEMENTS FALLING OUTSIDE THE BUDGETED AMOUNT ARE APPROVED BY THE BOARD. SALE OF LAND INVESTMENTS ARE APPROVED BY THE BOARD. PURCHASES OF OTHER THAN DE MINIMUS AMOUNTS FOR FIXED ASSETS ARE APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS EMAILED TO ALL BOARD MEMBERS PRIOR TO THE ELECTRONIC FILING OF THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONFLICTS ARE REVIEWED BY THE EXECUTIVE COMMITTEE. SHOULD A CONFLICT EXIST, THE NATURE OF THE CONFLICT IS EVALUATED AND ADDRESSED WITH THE GOAL OF ABATING THE CONFLICT OR ASKING FOR RESIGNATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RECOMMENDATIONS BY THE EXECUTIVE DIRECTOR ARE APPROVED BY THE FULL BOARD AS PART OF THE APPROVAL OF THE ANNUAL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC AT THE OFFICES OF ANDERSON CORPORATION FOR ECONOMIC DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ANDERSON CORPORATION FOR ECONOMIC DEVELOPMENT USES THE MODIFIED CASH BASIS OF ACCOUNTING TO PREPARE THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 1
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0388302
IRS990/TotalAssetsEOYAmt0388282
IRS990/TotalAssetsGrp/BOYAmt0388302
IRS990/TotalAssetsGrp/EOYAmt0388282
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0218100
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt033232
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072011
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0330319
IRS990/TotalFunctionalExpensesGrp/TotalAmt0435562
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04292
IRS990/TotalLiabilitiesEOYAmt04851
IRS990/TotalLiabilitiesGrp/BOYAmt04292
IRS990/TotalLiabilitiesGrp/EOYAmt04851
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0384010
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0383431
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0330319
IRS990/TotalProgramServiceRevenueAmt0216883

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$388,282
Liabilities
$4,851
Net assets
$383,431
Revenue
$434,983
Expenses
$435,562
Net income
-$579
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.05$2.89$5.26$6.20$0.95
2023Detailed filing. Detailed filing data is available for this year.$3.88$0.05$3.83$4.35$4.36$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.88$0.04$3.84$3.17$3.82$0.65
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.53$0.04$4.49$3.73$2.71$1.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.01$3.48$3.32$2.81$0.51
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.97$0.01$2.97$2.48$2.65$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.20$0.07$3.13$2.58$2.88$0.30
2017Detailed filing. Detailed filing data is available for this year.$3.57$0.14$3.43$3.61$4.49$0.88
2016Detailed filing. Detailed filing data is available for this year.$6.14$0.09$6.05$2.33$3.13$0.80
2015Detailed filing. Detailed filing data is available for this year.$6.81$0.09$6.72$3.29$3.41$0.12
2014Detailed filing. Detailed filing data is available for this year.$6.94$0.09$6.84$3.58$2.86$0.72
2013Detailed filing. Detailed filing data is available for this year.$6.20$0.07$6.13$2.82$2.56$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.98$0.11$5.86$2.82
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.07$0.01$7.07$2.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.05$0.00$8.04$2.52