Liabilities / Assets
48th percentile
Higher debt load relative to assets than 48% of similar nonprofits.
Morgan County Economic Development Corp
EIN 35-1803277 • 501(c)6 • Mooresville, IN
Profile
The corporation's purpose is to encourage, promote and develop economic expansion within morgan county, indiana.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
19th percentile
Higher net margin than 19% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
36th percentile
Faster asset growth than 36% of similar nonprofits.
Revenue Growth
33rd percentile
Faster revenue growth than 33% of similar nonprofits.
Balance Sheet
Assets
Down$789,804
Down $15,489 (-1.9%) from 2023
Liabilities
Down$29,000
Down $3,613 (-11%) from 2023
Net Assets
Down$760,804
Down $11,876 (-1.5%) from 2023
Revenue
Down$313,320
Down $4,800 (-1.5%) from 2023
Expenses
Up$341,996
Up $2,651 (+0.8%) from 2023
Net Income
Down-$28,676
Down $7,451 (-35%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $789,804
- Liabilities
- $29,000
- Net assets
- $760,804
- Revenue
- $313,320
- Expenses
- $341,996
- Net income
- -$28,676
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 5, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $313,320
Mission and Program Overview
Mission
The corporation's purpose is to encourage, promote and develop economic expansion within morgan county, indiana.
The purpose is to promote and develop economic expansion within morgan county, indiana.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $780,149 | $782,744 | ▲ $2,595 |
| Other Notes and Loans Receivable, Net | $25,000 | - | - |
| Land, Buildings, and Equipment, Net | - | $5,991 | - |
| Accounts Receivable | - | $1,000 | - |
| Prepaid Expenses and Deferred Charges | $144 | $69 | ▼ $75 |
| Total Assets | $805,293 | $789,804 | ▼ $15,489 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $7,613 | $16,500 | ▲ $8,887 |
| Deferred Revenue | $25,000 | $12,500 | ▼ $12,500 |
| Total Liabilities | $32,613 | $29,000 | ▼ $3,613 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $629,680 | $617,804 | ▼ $11,876 |
| Net Assets With Donor Restrictions | $143,000 | $143,000 | → $0 |
| Total Net Assets Fund Balance | $772,680 | $760,804 | ▼ $11,876 |
| Total Liabilities and Net Assets / Fund Balance | $805,293 | $789,804 | ▼ $15,489 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $5,967 | $20,475 | $26,442 |
| Land | $24 | - | $24 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Mike Dellinger | Non-voting E | FT | $117,973 | $117,973 |
| Leeda Wamsley | Non-voting D | FT | $51,250 | $51,250 |
Board Members and Trustees
| Name | Title |
|---|---|
| Terry Brock | President |
| Ben Mahan | Director |
| Bryan Collier | Director |
| James Staton | Director |
| James Tanneberger | Director |
| Jeff Banning | Director |
| Kegahn Hopwood | Director |
| Keith Lindauer | Director |
| Kelly Alcala | Director |
| Kenny Costin | Director |
| Lisa Arnold | Director |
| Lori Warner | Director |
| Mark Mathis | Director |
| Brett Seipka | Non-voting D |
| Daivd Elser | Non-voting D |
| Jamie Taylor | Non-voting D |
| Jean Rink | Non-voting D |
| Joe Murphy | Non-voting D |
| Julie Crewe-schilling | Non-voting D |
| Kathy Taylor | Non-voting D |
| Michael Conner | Non-voting D |
| Michael Sorrells | Non-voting D |
| Mindy Taylor | Non-voting D |
| Mitch Cline | Non-voting D |
| Rachel Huser | Non-voting D |
| Robert Carmony | Non-voting D |
| Sarah Cady | Non-voting D |
| Shawna Girgis | Non-voting D |
| Treg Hopkins | Non-voting D |
| Troy Bryant | Non-voting D |
| Yukihito Ozaki | Non-voting D |
| Michael Hurst | Past Preside |
| Jennifer Isbell-scott | Secretary/tr |
| Tom Warthen | Vice Preside |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $0
- Program Service Revenue
- $274,000
- Investment Income
- $14,870
- Other Revenue
- $24,450
- Change in Net Assets
- $-28,676
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $313,320
- Revenue Not Reported on Form 990
- $16,800
- Total Revenue per Audited Statements
- $330,120
- Total Revenue per Form 990
- $313,320
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $185,712 |
| Other Expenses | $156,284 |
| Total Fundraising Expense | $29,164 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $135,378 | $25,384 | $8,461 | $169,223 |
| Insurance | - | $31,682 | - | $31,682 |
| Advertising | - | - | $18,047 | $18,047 |
| Occupancy | $13,440 | $2,520 | $840 | $16,800 |
| Payroll Taxes | $10,500 | $1,969 | $656 | $13,125 |
| Fees for Services Accounting | - | $12,023 | - | $12,023 |
| Conferences and Meetings | $3,967 | $744 | $248 | $4,959 |
| Office Expenses | $3,128 | $587 | $195 | $3,910 |
| Pension Plan Contributions | $2,692 | $504 | $168 | $3,364 |
| Travel | $2,069 | $388 | $129 | $2,586 |
| Other Expenses | $1,810 | $339 | $113 | $2,262 |
| Fees for Services Other | - | $235 | - | $235 |
| All Other Expenses | $39 | $7 | $4 | $50 |
| Total Functional Expenses | $235,541 | $77,291 | $29,164 | $341,996 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $341,996 |
| Total Expenses per Audited Statements | $341,996 |
| Total Expenses per Form 990 | $341,996 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign 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
- Audit committee
- 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
- No
- 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, Page 6, Part VI, Line 6
“Per the by-laws of the corporation, there is a board of directors composed of representatives from the governmental membership and the corporate/business membership. The corporation has three classes of membership. The general membership includes those nongovernmental members making a membership payment of 4,000 or more annually through the payment of dues as set by the board of directors. General members will become member of the board of directors having full voting rights and duties conferred upon the board of directors. The governmental membership includes a member designated by the city council of martinsville, the town council of mooresville and the county commissioners of morgan county. Upon making an annual membership payment of dues to the corporation of 50,000 each member has one appointment to the board of directors and the executive committee. The special membership includes an individual or organization approved by a majority vote of the board of directors and have such rights as designated by the board of directors. The martinsville and mooresville chambers of commerce shall each be entitled to one non-voting special membership on the board of directors. An associate membership level of special members shall be granted to any entity for an annual membership payment of 1,500.”
Form 990, Page 6, Part VI, Line 7B
“Each of the two classes of members - general members and governmental members have the right to approve decisions made by the governing body.”
Form 990, Page 6, Part VI, Line 11B
“A copy of the form 990 is provided to the executive director of the corporation for review, signature and mailing.”
Form 990, Page 6, Part VI, Line 12C
“Conflicts of interest statements are given to board members annually for them to read, sign and return the completed forms to the offices of mcedc. The completed conflict of interest forms are filed at the mcedc office. If conflicts should arise they are discussed and resolved.”
Form 990, Page 6, Part VI, Line 15A
“Compensation is discussed at an executive committee meeting for the upcoming fiscal year. Comparable compensation of like organziations are reviewed and compared.”
Form 990, Page 6, Part VI, Line 19
“Morgan county economic development corporation makes its governing documents and financial statements available to the public upon request.”
Filing and Contact Details
Filer
- Filer Name
- Morgan County Economic Development
- EIN
- 35-1803277
- Phone
- 3178319544
- Address
- PO BOX 606, MOORESVILLE, IN 46158-0606
Signing Officer
- Name
- Terry Brock
- Title
- President
- Phone
- 3178319544
- Signed
- 2025-11-05
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Terry Brock
- Formed
- 1990
- Legal Domicile
- In
- Voting Board Members
- 16
- Independent Board Members
- 16
- Employees
- 2
Preparer
- Firm
- Kemper CPA Group Llp
- Address
- 625 S DAN JONES ROAD, AVON, IN 46123
- Preparer
- Lesley a Rhoden CPA
- Phone
- 3178399136
Supplemental Narrative
Financial Statement Notes
Schedule D, Page 3, Part X
“The corporation is organized as an indiana nonprofit corporation and has been recongnized by the irs as exempt from federal income taxes under irc section 501(a) as an organization described in irc section 501(c)(6) and has been determined not to be a private foundation under irc sections 509 (a)(1) and (3). Respectivley. The corporation is required to file a return of organization exempt from ince tax (form 990) with the irs. In addition, the corporation is subject to income tax and net income that is derived from business activities that are unrelated to their exempt purpose. We have determined that the corporation is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs.”
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 28 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 29 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 30 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 31 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 32 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 33 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 34 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 35 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | MICHAEL HURST |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TERRY BROCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | KELLY ALCALA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | TOM WARTHEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MARK MATHIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | BEN MAHAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | KENNY COSTIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JEAN RINK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MICHAEL CONNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | LORI WARNER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | LISA ARNOLD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | SHAWNA GIRGIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | KATHY TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | JAMES TANNEBERGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | KEGAHN HOPWOOD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | JENNIFER ISBELL-SCOTT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | JEFF BANNING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | YUKIHITO OZAKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | TROY BRYANT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | ROBERT CARMONY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | MICHAEL SORRELLS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | RACHEL HUSER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | TREG HOPKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | JAMIE TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | MINDY TAYLOR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 25 | LEEDA WAMSLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 26 | MIKE DELLINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 27 | MITCH CLINE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 28 | JULIE CREWE-SCHILLING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 29 | KEITH LINDAUER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 30 | DAIVD ELSER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 31 | BRYAN COLLIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 32 | JAMES STATON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 33 | BRETT SEIPKA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 34 | JOE MURPHY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 35 | SARAH CADY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 25 | 51250 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 26 | 117973 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 27 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 28 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 29 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 30 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 31 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 32 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 33 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 34 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 35 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 26 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 27 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 28 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 29 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 30 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 31 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 32 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 33 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 34 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 35 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PAST PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | SECRETARY/TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 26 | NON-VOTING E |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 27 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 28 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 29 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 30 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 31 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 32 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 33 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 34 | NON-VOTING D |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 35 | NON-VOTING D |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1990 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 16 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 313320 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 16 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 31682 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 31682 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 14870 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 14870 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 2 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 20475 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 5991 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 26466 |
| IRS990/LegalDomicileStateCd | 0 | IN |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE PURPOSE IS TO PROMOTE AND DEVELOP ECONOMIC EXPANSION WITHIN MORGAN COUNTY, INDIANA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 772680 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 760804 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 629680 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 617804 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 840 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2520 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 13440 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 16800 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 195 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 587 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 3128 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3910 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | BAD DEBT EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | CONTRACTUAL SERVICES - BU |
| IRS990/OtherExpensesGrp/Desc | 2 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
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