Civic Intelligence

Greene County Economic Development Corp

EIN 35-1813282 • 501(c)6 • Bloomfield, IN

Profile

Promote economic development

4513 W State Rd 54Bloomfield, IN 47424

n/A

Siviq Scores

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

Liabilities / Assets

75th percentile

0.11x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.04x

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

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-14%

Higher net margin than 26% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

11th percentile

-53%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

53rd percentile

2.9%

Faster revenue growth than 53% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$58,442

Down $85,731 (-59%) from 2023

Liabilities

Up

$6,328

Up $5,848 (+1218%) from 2023

Net Assets

Down

$52,114

Down $91,579 (-64%) from 2023

Operations
Liabilities / Revenue68th percentileNet Margin26th percentile

Revenue

Up

$179,871

Up $3,372 (+1.9%) from 2023

Expenses

Up

$205,836

Up $30,431 (+17%) from 2023

Net Income

Down

-$25,965

Down $27,059 (-2473%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth11th percentile

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

$600K$400K$200K$0Assets 2017: $424,234Liabilities 2017: $90,700Net Assets 2017: $333,5342017Assets 2018: $406,555Liabilities 2018: $82,789Net Assets 2018: $323,7662018Assets 2019: $281,158Liabilities 2019: $649Net Assets 2019: $280,5092019Assets 2020: $280,212Liabilities 2020: $2,609Net Assets 2020: $277,6032020Assets 2021: $265,417Liabilities 2021: $848Net Assets 2021: $264,5692021Assets 2022: $265,655Liabilities 2022: $1,233Net Assets 2022: $264,4222022Assets 2023: $144,173Liabilities 2023: $480Net Assets 2023: $143,6932023Assets 2024: $58,442Liabilities 2024: $6,328Net Assets 2024: $52,1142024

Highlighted filing

2024

Assets$58,442
Liabilities$6,328
Net Assets$52,114
Open 2024 Filing

Operations Trend

Revenue Growth53rd percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $184,305Expenses 2017: $175,843Net Income 2017: $8,4622017Revenue 2018: $173,707Expenses 2018: $176,094Net Income 2018: -$2,3872018Revenue 2019: $199,916Expenses 2019: $166,078Net Income 2019: $33,8382019Revenue 2020: $173,519Expenses 2020: $176,425Net Income 2020: -$2,9062020Revenue 2021: $155,758Expenses 2021: $168,792Net Income 2021: -$13,0342021Revenue 2022: $169,849Expenses 2022: $169,996Net Income 2022: -$1472022Revenue 2023: $176,499Expenses 2023: $175,405Net Income 2023: $1,0942023Revenue 2024: $179,871Expenses 2024: $205,836Net Income 2024: -$25,9652024

Highlighted filing

2024

Revenue$179,871
Expenses$205,836
Net Income-$25,965
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,442
Liabilities
$6,328
Net assets
$52,114
Revenue
$179,871
Expenses
$205,836
Net income
-$25,965
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.58$0.06$0.52$1.80$2.06$0.26
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$1.76$1.75$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.66$0.01$2.64$1.70$1.70$0.00
2021Detailed filing. Detailed filing data is available for this year.$2.65$0.01$2.65$1.56$1.69$0.13
2020Detailed filing. Detailed filing data is available for this year.$2.80$0.03$2.78$1.74$1.76$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.81$0.01$2.81$2.00$1.66$0.34
2018Detailed filing. Detailed filing data is available for this year.$4.07$0.83$3.24$1.74$1.76$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.24$0.91$3.34$1.84$1.76$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 8, 2025
Return Version
2024v5.2
Gross Receipts
$179,871
Mission and Program Overview

Mission

Promote economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$126,772$38,244▼ $88,528
Savings and Temporary Cash Investments$17,100$17,914▲ $814
Land, Buildings, and Equipment, Net$301$2,284▲ $1,983
Total Assets$144,173$58,442▼ $85,731
Liabilities
Other Liabilities$480$6,328▲ $5,848
Total Liabilities$480$6,328▲ $5,848
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$143,693$52,114▼ $91,579
Total Net Assets Fund Balance$143,693$52,114▼ $91,579
Total Liabilities and Net Assets / Fund Balance$144,173$58,442▼ $85,731

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,284$22,471-
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brianne JerrelsExecutive DirectorFT$68,473$2,614$71,087

Board Members and Trustees

NameTitle
Joshua RigginsPresident
Katie StoutVice President
Jeff PipkinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$177,191
Program Service Revenue
$0
Investment Income
$821
Other Revenue
$1,859
Change in Net Assets
$-25,965
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$122,783
Other Expenses$83,053
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$109,220--$109,220
Office Expenses$25,240--$25,240
Other Expenses$23,227--$23,227
Occupancy$9,300--$9,300
Fees for Services Accounting$9,000--$9,000
Payroll Taxes$8,741--$8,741
Conferences and Meetings$4,902--$4,902
Travel$4,902--$4,902
Other Employee Benefits$2,992--$2,992
Insurance$2,961--$2,961
Advertising$2,475--$2,475
Pension Plan Contributions$1,830--$1,830
Depreciation Depletion$446--$446
Total Functional Expenses$205,836$0$0$205,836
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Memberships$5,650
Payroll Liabilities$678
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 governing body review Part VI line 11

“A copy of the form 990 is provided to the board.”

Governing documents etc available to public Part VI line 19

“A copy of form 990 is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Greene County Economic Development Corp
EIN
35-1813282
In Care Of
% BRIANNE JERRELS
Phone
8126592109
Address
4513 W STATE RD 54, BLOOMFIELD, IN 47424

Signing Officer

Name
Brianne Jerrels
Title
Executive Director
Phone
8126592109
Signed
2025-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Riggins
Formed
1992
Legal Domicile
In
Voting Board Members
11
Independent Board Members
11
Employees
3
Volunteers
11

Preparer

Firm
M Miller & Associates Corp
Address
16 S FRANKLIN ST, BLOOMFIELD, IN 47424
Preparer
Matthew J Miller
Phone
8122278075
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Revolving loan fund moved off balance sheet because the corporation is unable to use the funds.”

Raw XML Appendix313 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/TitleTxt3VICE PRESIDENT
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt022471
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum08126592109
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREENE COUNTY ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0GREE
ReturnHeader/Filer/EIN0351813282
ReturnHeader/Filer/InCareOfNm0% BRIANNE JERRELS
ReturnHeader/Filer/PhoneNum08126592109
ReturnHeader/Filer/USAddress/AddressLine1Txt04513 W STATE RD 54
ReturnHeader/Filer/USAddress/CityNm0BLOOMFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047424
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832319181
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0M MILLER & ASSOCIATES CORP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 S FRANKLIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLOOMFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd047424
ReturnHeader/PreparerPersonGrp/PhoneNum08122278075
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW J MILLER
ReturnHeader/ReturnTs02025-11-08T18:56:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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