Civic Intelligence

Hendricks County Economic Development Partnership Inc

990 • Fiscal year 2015 • EIN 35-1817139

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 09, 2016

5250 E US Hwy 36 Suite 1101Avon, IN 46123

(317) 745-2400

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

24th percentile

0.00x

Higher debt load relative to revenue than 24% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Net Margin

92nd percentile

27%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$118,994

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 14.2% of source-year revenue.

2015 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$797,116

No earlier filing loaded for comparison.

Net Assets

$794,829

No earlier filing loaded for comparison.

Liabilities

$2,287

No earlier filing loaded for comparison.

Revenue

$838,473

No earlier filing loaded for comparison.

Expenses

$614,950

No earlier filing loaded for comparison.

Net Income

$223,523

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $797,116Liabilities 2015: $2,287Net Assets 2015: $794,8292015Assets 2016: $839,693Liabilities 2016: $15,517Net Assets 2016: $824,1762016Assets 2017: $892,768Liabilities 2017: $26,575Net Assets 2017: $866,1932017Assets 2018: $961,345Liabilities 2018: $52,878Net Assets 2018: $908,4672018Assets 2019: $947,255Liabilities 2019: $31,949Net Assets 2019: $915,3062019Assets 2020: $881,039Liabilities 2020: $12,046Net Assets 2020: $868,9932020Assets 2021: $818,016Liabilities 2021: $13,320Net Assets 2021: $804,6962021Assets 2022: $2,816,654Liabilities 2022: $11,180Net Assets 2022: $2,805,4742022Assets 2023: $2,103,869Liabilities 2023: $23,935Net Assets 2023: $2,079,9342023Assets 2024: $1,976,245Liabilities 2024: $7,538Net Assets 2024: $1,968,7072024

Highlighted filing

2015

Assets$797,116
Liabilities$2,287
Net Assets$794,829

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2015: $838,473Expenses 2015: $614,950Net Income 2015: $223,5232015Revenue 2016: $432,587Expenses 2016: $394,240Net Income 2016: $38,3472016Revenue 2017: $428,862Expenses 2017: $386,845Net Income 2017: $42,0172017Revenue 2018: $741,867Expenses 2018: $699,593Net Income 2018: $42,2742018Revenue 2019: $664,042Expenses 2019: $657,203Net Income 2019: $6,8392019Revenue 2020: $621,983Expenses 2020: $666,006Net Income 2020: -$44,0232020Revenue 2021: $615,074Expenses 2021: $609,192Net Income 2021: $5,8822021Revenue 2022: $186,575Expenses 2022: $462,726Net Income 2022: -$276,1512022Revenue 2023: $102,321Expenses 2023: $831,451Net Income 2023: -$729,1302023Revenue 2024: $520,014Expenses 2024: $630,830Net Income 2024: -$110,8162024

Highlighted filing

2015

Revenue$838,473
Expenses$614,950
Net Income$223,523
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$838,473
Mission and Program Overview

Mission

To enhance the quality of life by attracting, retaining and creating suitable business investments to provide quality jobs and to broaden the tax base.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$423,803-
Savings and Temporary Cash Investments$286,562$344,354▲ $57,792
Accounts Receivable$354,689$12,000▼ $342,689
Other Notes and Loans Receivable, Net-$9,437-
Prepaid Expenses and Deferred Charges$5,168$7,522▲ $2,354
Land, Buildings, and Equipment, Net$916--
Total Assets$647,335$797,116▲ $149,781
Liabilities
Deferred Revenue$7,500--
Accounts Payable and Accrued Expenses$8,032$2,287▼ $5,745
Total Liabilities$15,532$2,287▼ $13,245
Net Assets / Fund Balance
Unrestricted Net Assets$268,303$794,829▲ $526,526
Temporarily Rstr Net Assets$363,500--
Total Net Assets Fund Balance$631,803$794,829▲ $163,026
Total Liabilities and Net Assets / Fund Balance$647,335$797,116▲ $149,781

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$52,391$52,391
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cinda KelleyExecutive DiFT$118,994$118,994

Board Members and Trustees

NameTitle
Mike BakerPresident
Greg TernetExecutive Co
Jeff BanningExecutive Co
John SkeltonExecutive Co
Matt WhetstoneExecutive Co
Robin BrandgardExecutive Co
Marcia LynchSecretary
Jeff DonovanTreasurer
Doug PuckettVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$794,235
Investment Income
$568
Other Revenue
$43,670
Change in Net Assets
$223,523

Audited Revenue Reconciliation

Revenue per Audited Statements
$838,473
Total Revenue per Audited Statements
$838,473
Total Revenue per Form 990
$838,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$337,545
Salaries, Compensation, and Employee Benefits$277,405
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$148,016
Current Officers, Directors, Trustees, and Key Employees---$118,994
Other Salaries and Wages---$82,515
Occupancy---$52,035
Other Employee Benefits---$48,762
Office Expenses---$24,063
Fees for Services Accounting---$16,850
Payroll Taxes---$16,756
Pension Plan Contributions---$10,378
Insurance---$4,900
Other Expenses---$2,695
Depreciation Depletion---$914
Fees for Services Legal---$540
All Other Expenses---$211
Total Functional Expenses$0$0$0$614,950

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$614,950
Total Expenses per Audited Statements$614,950
Total Expenses per Form 990$614,950
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 consisting of not less than eleven members. Each member is a resident of or does business in hendricks county. The corporation has three classes of members: entitlement members, discretionary members, and ex-officio members. The group of entitlement members is appointed from the town councils and chambers of commerce in avon, brownsburg, danville, pittsboro, and plainfield. In addition, there are members appointed from the hendricks county commissioners and hendricks county council with three additional members which may be appointed by the corporation's board of directors. Any entity which desires to further the purpose of the corporation and to participate in its activities may become a discretionary member upon a minimum annual investment of 7,500. The term of this discretionary membership is one year. Approved entities may become ex-officio members upon a minimum annual investment of 7,500. Ex-officio members represent those offices, positions, or activities that provide important resources to assist the corporation in accomplishing its primary mission. The approved group of ex-officio members may include representatives of both the association of hendricks county school superintendents and the hendricks county convention and vistors bureau.

Form 990, Page 6, Part VI, Line 7A

Members in each of the classes may designate individuals to serve on the board of directors based on criteria established by the board of directors.

Form 990, Page 6, Part VI, Line 7B

Each of the three classes of members - entitlement members, discretionary members, and ex-officio members have the right to approve decisions made by the governing body.

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

The executive committee is informed and the form 990 is filed in the office and maintained for board review.

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

The hcedp executive committee will review, discuss, and call for any disclosures of interest that could result in conflicts of interest at each annual meeting held in march. If any perceived conflict is disclosed or identified, the issue will be discussed and resolved at the executive committee level.

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

Hcedp's executive committee meets in executive session several times annually. An annual review is conducted with the executive director. Comparable compensation of like organizations are reviewed and compared.

Form 990, Page 6, Part VI, Line 19

Hendricks county economic development partnership, inc. Makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Hendricks County Economic
EIN
35-1817139
Phone
3177452400
Address
5250 E US HWY 36 SUITE 1101, AVON, IN 46123

Signing Officer

Name
Jeff Donovan
Title
Treasurer
Phone
3177452400
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Donovan
Formed
1990
Legal Domicile
In
Voting Board Members
32
Independent Board Members
32
Employees
3

Preparer

Firm
Nysewander Geans & Stucky LLC
Address
1917 CROWN PLAZA BLVD, PLAINFIELD, IN 46168
Preparer
Scott Geans CPA
Phone
3178398377
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Promoted prospective development in the hendricks county, indiana area

Form 990, Part IX, Line 11G

Synergy in effort 9,102 0 0 work access & engage 20,917 0 0 bre hendricks first 68,285 0 0 attraction hendricks future 49,712 0 0

Form 990, Part XI, Line 9

Cumulative prior period(s) adjustment -60,497 total -60,497

Financial Statement Notes

Schedule D, Page 3, Part X

The organization's audited financial statements include a footnote that addresses the organization's liability for uncertain tax positions under fin 48.

Raw XML Appendix367 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08032
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02287
IRS990/AccountsReceivableGrp/BOYAmt0354689
IRS990/AccountsReceivableGrp/EOYAmt012000
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO ENHANCE THE QUALITY OF LIFE BY ATTRACTING, RETAINING AND CREATING SUITABLE BUSINESS INVESTMENTS TO PROVIDE QUALITY JOBS AND TO BROADEN THE TAX BASE.
IRS990/AllOtherExpensesGrp/TotalAmt0211
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0JEFF DONOVAN
IRS990/BooksInCareOfDetail/PhoneNum03177456411
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05151 E US HIGHWAY 36
IRS990/BooksInCareOfDetail/USAddress/CityNm0AVON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd046123
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0118994
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0568
IRS990/CYOtherExpensesAmt0337545
IRS990/CYOtherRevenueAmt043670
IRS990/CYProgramServiceRevenueAmt0794235
IRS990/CYRevenuesLessExpensesAmt0223523
IRS990/CYSalariesCompEmpBnftPaidAmt0277405
IRS990/CYTotalExpensesAmt0614950
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0838473
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt07500
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt0914
IRS990/Desc0PROMOTED PROSPECTIVE DEVELOPMENT IN THE HENDRICKS COUNTY, INDIANA AREA
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0495042
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt016850
IRS990/FeesForServicesLegalGrp/TotalAmt0540
IRS990/FeesForServicesOtherGrp/TotalAmt0148016
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0CINDA KELLEY
IRS990/Form990PartVIISectionAGrp/PersonNm1GREG TERNET
IRS990/Form990PartVIISectionAGrp/PersonNm2MATT WHETSTONE
IRS990/Form990PartVIISectionAGrp/PersonNm3ROBIN BRANDGARD
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN SKELTON
IRS990/Form990PartVIISectionAGrp/PersonNm5JEFF BANNING
IRS990/Form990PartVIISectionAGrp/PersonNm6MIKE BAKER
IRS990/Form990PartVIISectionAGrp/PersonNm7DOUG PUCKETT
IRS990/Form990PartVIISectionAGrp/PersonNm8MARCIA LYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm9JEFF DONOVAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0118994
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE CO
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE CO
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE CO
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE CO
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE CO
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt032
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0838473
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt032
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt04900
IRS990/InvestmentIncomeGrp/ExclusionAmt0568
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0568
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt052391
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0916
IRS990/LandBldgEquipCostOrOtherBssAmt052391
IRS990/LegalDomicileStateCd0IN
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0-1208
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0-1208
IRS990/MissionDesc0TO ENHANCE THE QUALITY OF LIFE BY ATTRACTING, RETAINING AND CREATING SUITABLE BUSINESS INVESTMENTS TO PROVIDE QUALITY JOBS AND TO BROADEN THE TAX BASE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0631803
IRS990/NetAssetsOrFundBalancesEOYAmt0794829
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt052035
IRS990/OfficeExpensesGrp/TotalAmt024063
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-60497
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048762
IRS990/OtherExpensesGrp/Desc0BAD DEBT
IRS990/OtherExpensesGrp/Desc1PLANNING & RESEARCH
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3RELOCATION
IRS990/OtherExpensesGrp/TotalAmt056000
IRS990/OtherExpensesGrp/TotalAmt128283
IRS990/OtherExpensesGrp/TotalAmt23038
IRS990/OtherExpensesGrp/TotalAmt32695
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/BusinessCd1541900
IRS990/OtherRevenueMiscGrp/BusinessCd2541900
IRS990/OtherRevenueMiscGrp/Desc0PLAT FEES
IRS990/OtherRevenueMiscGrp/Desc1IN KIND INCOME
IRS990/OtherRevenueMiscGrp/Desc2HENDRICKS JOBS.COM
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt021250
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt114328
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt29300
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt021250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt114328
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt29300
IRS990/OtherRevenueTotalAmt043670
IRS990/OtherSalariesAndWagesGrp/TotalAmt082515
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09437
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt016756
IRS990/PensionPlanContributionsGrp/TotalAmt010378
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0423803
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05168
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07522
IRS990/PrincipalOfficerNm0JEFF DONOVAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0PRIVATE MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/Desc1PUBLIC MEMBERSHIP FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0448401
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1345834
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0448401
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1345834
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROMOTED PROSPECTIVE DEVELOPMENT IN THE HENDRICKS COUNTY, INDIANA AREA
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0119908
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0100
IRS990/PYInvestmentIncomeAmt0550
IRS990/PYOtherExpensesAmt0460944
IRS990/PYOtherRevenueAmt030200
IRS990/PYProgramServiceRevenueAmt0843003
IRS990/PYRevenuesLessExpensesAmt0135187
IRS990/PYSalariesCompEmpBnftPaidAmt0277722
IRS990/PYTotalExpensesAmt0738666
IRS990/PYTotalRevenueAmt0873853
IRS990/ReconcilationRevenueExpnssAmt0223523
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0794235
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0286562
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0344354
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0614950
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt052391
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt052391
IRS990ScheduleD/RevenueSubtotalAmt0838473
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS INCLUDE A FOOTNOTE THAT ADDRESSES THE ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt0614950
IRS990ScheduleD/TotalRevenuePerForm990Amt0838473
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0838473
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0614950
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTED PROSPECTIVE DEVELOPMENT IN THE HENDRICKS COUNTY, INDIANA AREA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PER THE BY LAWS OF THE CORPORATION, THERE IS A BOARD OF DIRECTORS CONSISTING OF NOT LESS THAN ELEVEN MEMBERS. EACH MEMBER IS A RESIDENT OF OR DOES BUSINESS IN HENDRICKS COUNTY. THE CORPORATION HAS THREE CLASSES OF MEMBERS: ENTITLEMENT MEMBERS, DISCRETIONARY MEMBERS, AND EX-OFFICIO MEMBERS. THE GROUP OF ENTITLEMENT MEMBERS IS APPOINTED FROM THE TOWN COUNCILS AND CHAMBERS OF COMMERCE IN AVON, BROWNSBURG, DANVILLE, PITTSBORO, AND PLAINFIELD. IN ADDITION, THERE ARE MEMBERS APPOINTED FROM THE HENDRICKS COUNTY COMMISSIONERS AND HENDRICKS COUNTY COUNCIL WITH THREE ADDITIONAL MEMBERS WHICH MAY BE APPOINTED BY THE CORPORATION'S BOARD OF DIRECTORS. ANY ENTITY WHICH DESIRES TO FURTHER THE PURPOSE OF THE CORPORATION AND TO PARTICIPATE IN ITS ACTIVITIES MAY BECOME A DISCRETIONARY MEMBER UPON A MINIMUM ANNUAL INVESTMENT OF 7,500. THE TERM OF THIS DISCRETIONARY MEMBERSHIP IS ONE YEAR. APPROVED ENTITIES MAY BECOME EX-OFFICIO MEMBERS UPON A MINIMUM ANNUAL INVESTMENT OF 7,500. EX-OFFICIO MEMBERS REPRESENT THOSE OFFICES, POSITIONS, OR ACTIVITIES THAT PROVIDE IMPORTANT RESOURCES TO ASSIST THE CORPORATION IN ACCOMPLISHING ITS PRIMARY MISSION. THE APPROVED GROUP OF EX-OFFICIO MEMBERS MAY INCLUDE REPRESENTATIVES OF BOTH THE ASSOCIATION OF HENDRICKS COUNTY SCHOOL SUPERINTENDENTS AND THE HENDRICKS COUNTY CONVENTION AND VISTORS BUREAU.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS IN EACH OF THE CLASSES MAY DESIGNATE INDIVIDUALS TO SERVE ON THE BOARD OF DIRECTORS BASED ON CRITERIA ESTABLISHED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH OF THE THREE CLASSES OF MEMBERS - ENTITLEMENT MEMBERS, DISCRETIONARY MEMBERS, AND EX-OFFICIO MEMBERS HAVE THE RIGHT TO APPROVE DECISIONS MADE BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE COMMITTEE IS INFORMED AND THE FORM 990 IS FILED IN THE OFFICE AND MAINTAINED FOR BOARD REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE HCEDP EXECUTIVE COMMITTEE WILL REVIEW, DISCUSS, AND CALL FOR ANY DISCLOSURES OF INTEREST THAT COULD RESULT IN CONFLICTS OF INTEREST AT EACH ANNUAL MEETING HELD IN MARCH. IF ANY PERCEIVED CONFLICT IS DISCLOSED OR IDENTIFIED, THE ISSUE WILL BE DISCUSSED AND RESOLVED AT THE EXECUTIVE COMMITTEE LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6HCEDP'S EXECUTIVE COMMITTEE MEETS IN EXECUTIVE SESSION SEVERAL TIMES ANNUALLY. AN ANNUAL REVIEW IS CONDUCTED WITH THE EXECUTIVE DIRECTOR. COMPARABLE COMPENSATION OF LIKE ORGANIZATIONS ARE REVIEWED AND COMPARED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7HENDRICKS COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP, INC. MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SYNERGY IN EFFORT 9,102 0 0 WORK ACCESS & ENGAGE 20,917 0 0 BRE HENDRICKS FIRST 68,285 0 0 ATTRACTION HENDRICKS FUTURE 49,712 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CUMULATIVE PRIOR PERIOD(S) ADJUSTMENT -60,497 TOTAL -60,497
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0363500
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0647335
IRS990/TotalAssetsEOYAmt0797116
IRS990/TotalAssetsGrp/BOYAmt0647335
IRS990/TotalAssetsGrp/EOYAmt0797116
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0614950
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt015532
IRS990/TotalLiabilitiesEOYAmt02287
IRS990/TotalLiabilitiesGrp/BOYAmt015532
IRS990/TotalLiabilitiesGrp/EOYAmt02287
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0631803
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0794829
IRS990/TotalOtherProgSrvcExpenseAmt0119908
IRS990/TotalProgramServiceExpensesAmt0614950
IRS990/TotalProgramServiceRevenueAmt0794235
IRS990/TotalReportableCompFromOrgAmt0118994
IRS990/TotalRevenueGrp/ExclusionAmt0568
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0837905
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0838473
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0647335
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0797116
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0268303
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0794829
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05250 E US HWY 36
IRS990/USAddress/CityNm0AVON
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046123
IRS990/VotingMembersGoverningBodyCnt032
IRS990/VotingMembersIndependentCnt032
IRS990/WebsiteAddressTxt0WWW.HCEDP.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF DONOVAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03177452400
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HENDRICKS COUNTY ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT PARTNERSHIP INC
ReturnHeader/Filer/BusinessNameControlTxt0HEND
ReturnHeader/Filer/EIN0351817139
ReturnHeader/Filer/PhoneNum03177452400
ReturnHeader/Filer/USAddress/AddressLine1Txt05250 E US HWY 36 SUITE 1101
ReturnHeader/Filer/USAddress/CityNm0AVON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046123
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273965202
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NYSEWANDER GEANS & STUCKY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01917 CROWN PLAZA BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLAINFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046168
ReturnHeader/PreparerPersonGrp/PhoneNum03178398377
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT GEANS CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-15T06:20:14-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings