Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
990 • Fiscal year 2023 • EIN 58-1705685
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
93rd percentile
Higher debt load relative to revenue than 93% of similar nonprofits.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
55th percentile
Higher top officer pay than 55% of similar nonprofits.
Top officer pay equals 10.6% of source-year revenue.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Assets
Down$6,806,877
Down $240,232 (-3.4%) from 2022
Net Assets
Up$4,489,013
Up $162,307 (+3.8%) from 2022
Liabilities
Down$2,317,864
Down $402,539 (-15%) from 2022
Revenue
Down$492,179
Down $184,584 (-27%) from 2022
Expenses
Down$329,872
Down $306,478 (-48%) from 2022
Net Income
Up$162,307
Up $121,894 (+302%) from 2022
To recruit and develop industry in morgan county, tn.
To recruit and develop industry in morgan county, tennessee.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $4,326,706 | $4,489,013 | ▲ $162,307 |
| Land, Buildings, and Equipment, Net | $3,170,732 | $2,990,967 | ▼ $179,765 |
| Savings and Temporary Cash Investments | $100,000 | $1,750,000 | ▲ $1,650,000 |
| Accounts Receivable | $216,023 | $304,952 | ▲ $88,929 |
| Other Notes and Loans Receivable, Net | - | $150,000 | - |
| Cash and Non-Interest-Bearing Accounts | $2,499,152 | $115,244 | ▼ $2,383,908 |
| Total Assets | $7,047,109 | $6,806,877 | ▼ $240,232 |
| Other Assets Total | $1,061,202 | $1,495,714 | ▲ $434,512 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $1,566,964 | $1,314,917 | ▼ $252,047 |
| Other Liabilities | $1,100,502 | $966,132 | ▼ $134,370 |
| Accounts Payable and Accrued Expenses | $52,937 | $36,815 | ▼ $16,122 |
| Total Liabilities | $2,720,403 | $2,317,864 | ▼ $402,539 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $4,326,706 | $4,489,013 | ▲ $162,307 |
| Total Liabilities and Net Assets / Fund Balance | $7,047,109 | $6,806,877 | ▼ $240,232 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,866,714 | $796,184 | $3,662,898 |
| Land | $124,253 | - | $124,253 |
| Equipment | - | $2,983 | $2,983 |
| Other Assets Org | $1,965 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Lisa Collett | Executive Di | FT | $52,257 | $52,257 |
| Kelly Amonett | Board Member | - | $1,600 | $1,600 |
| Larry Williams | Vice Chairma | - | $1,550 | $1,550 |
| Tim Johnson | Treasurer | - | $1,500 | $1,500 |
| Alfred Branim | Chairman | PT | $850 | $850 |
| Janett Galloway | Board Member | - | $300 | $300 |
| Ray Tucker | Board Member | - | $250 | $250 |
| Carla Larue | Board Member | - | $225 | $225 |
| Dolman Roberts | Board Member | - | $200 | $200 |
| Danny Cox | Board Member | - | $150 | $150 |
| Aaron Freels | Board Member | - | $50 | $50 |
| Jonathan Dagley | Board Member | - | $50 | $50 |
| Name | Title |
|---|---|
| C a Kelly | Board Member |
| Michelle Cagley | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $250,945 |
| Salaries, Compensation, and Employee Benefits | $76,326 |
| Grants and Similar Amounts Paid | $2,601 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Depreciation Depletion | $128,865 | - | - | $128,865 |
| Interest | $77,631 | - | - | $77,631 |
| Current Officers, Directors, Trustees, and Key Employees | $57,718 | $14,429 | - | $72,147 |
| Fees for Services Accounting | $11,348 | $2,837 | - | $14,185 |
| Occupancy | $10,920 | $2,730 | - | $13,650 |
| Conferences and Meetings | $6,387 | $1,597 | - | $7,984 |
| Payroll Taxes | $3,343 | $836 | - | $4,179 |
| Insurance | $2,762 | $691 | - | $3,453 |
| Grants to Domestic Orgs | $2,601 | - | - | $2,601 |
| Office Expenses | - | $2,448 | - | $2,448 |
| Advertising | $512 | - | - | $512 |
| Other Expenses | $34 | $8 | - | $42 |
| Total Functional Expenses | $304,296 | $25,576 | $0 | $329,872 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $329,872 |
| Total Expenses per Audited Statements | $329,872 |
| Total Expenses per Form 990 | $329,872 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Unearned Lease Revenue | $966,132 |
“No review was or will be conducted.”
“Documents available for inspection upon request.”
“To recruit and develop industry by purchasing land and building facilities for industry that employ morgan county, tennessee citizens.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 52937 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 36815 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 216023 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 304952 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO RECRUIT AND DEVELOP INDUSTRY IN MORGAN COUNTY, TENNESSEE. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 512 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 512 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | LISA COLLETT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4233469400 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 979 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | WARTBURG |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 37887 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 2499152 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 115244 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 14429 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 57718 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 72147 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 1597 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 6387 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 7984 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 30000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 2601 |
| IRS990/CYInvestmentIncomeAmt | 0 | 55483 |
| IRS990/CYOtherExpensesAmt | 0 | 250945 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 406696 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 162307 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 76326 |
| IRS990/CYTotalExpensesAmt | 0 | 329872 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 492179 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 128865 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 128865 |
| IRS990/Desc | 0 | TO RECRUIT AND DEVELOP INDUSTRY BY PURCHASING LAND AND BUILDING FACILITIES FOR INDUSTRY THAT EMPLOY MORGAN COUNTY, TENNESSEE CITIZENS. |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 1 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 304296 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 2837 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 11348 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 14185 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 6.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LISA COLLETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ALFRED BRANIM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | LARRY WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MICHELLE CAGLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | TIM JOHNSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KELLY AMONETT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | DANNY COX |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JONATHAN DAGLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | AARON FREELS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | JANETT GALLOWAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | C A KELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | CARLA LARUE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | DOLMAN ROBERTS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | RAY TUCKER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 52257 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 850 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 1550 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 1500 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 1600 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 150 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 50 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 50 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 300 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 225 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 200 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 250 |
| 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/TitleTxt | 0 | EXECUTIVE DI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRMA |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1985 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | -17895 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GovernmentGrantsAmt | 0 | 30000 |
| IRS990/GrantAmt | 0 | 2601 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 2601 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 2601 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 33005 |
| IRS990/GrossReceiptsAmt | 0 | 543079 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 691 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2762 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3453 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 77631 |
| IRS990/InterestGrp/TotalAmt | 0 | 77631 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 73378 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 73378 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 799167 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 3170732 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2990967 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 3790134 |
| IRS990/LegalDomicileStateCd | 0 | TN |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 50900 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO RECRUIT AND DEVELOP INDUSTRY IN MORGAN COUNTY, TENNESSEE. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 1566964 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1314917 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 4326706 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4489013 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -17895 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -17895 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2730 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 10920 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 13650 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2448 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2448 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1061202 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1495714 |
| IRS990/OtherExpensesGrp/Desc | 0 | MEMBERSHIP DUES |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 8 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 2175 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 34 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 2175 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 42 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1100502 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 966132 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 150000 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 836 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 3343 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 4179 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | ALFRED BRANIM |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SALES TAX REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | SHORT TERM RENTAL REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | LEASE REVENUE |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 203642 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 109949 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 93105 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 203642 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 109949 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 93105 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | TO RECRUIT AND DEVELOP INDUSTRY BY PURCHASING LAND AND BUILDING FACILITIES FOR INDUSTRY THAT EMPLOY MORGAN COUNTY, TENNESSEE CITIZENS. |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 2657 |
| IRS990/PYInvestmentIncomeAmt | 0 | -24626 |
| IRS990/PYOtherExpensesAmt | 0 | 554146 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 701389 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 40413 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 79547 |
| IRS990/PYTotalExpensesAmt | 0 | 636350 |
| IRS990/PYTotalRevenueAmt | 0 | 676763 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 162307 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 406696 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 4326706 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 4489013 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 100000 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 1750000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 2866714 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 796184 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 3662898 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 2983 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 2983 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 329872 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 124253 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 124253 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 864822 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 600000 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 28927 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 1965 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | LEASES RECEIVABLE - LT PORTION |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | NOTE RECEIVABLE - LT PORTION |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | ACCOUNTS RECEIVABLE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 966132 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | UNEARNED LEASE REVENUE |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 492179 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2990967 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1495714 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 329872 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 966132 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 492179 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 492179 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 329872 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | TO RECRUIT AND DEVELOP INDUSTRY BY PURCHASING LAND AND BUILDING FACILITIES FOR INDUSTRY THAT EMPLOY MORGAN COUNTY, TENNESSEE CITIZENS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DOCUMENTS AVAILABLE FOR INSPECTION UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 7047109 |
| IRS990/TotalAssetsEOYAmt | 0 | 6806877 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 7047109 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 6806877 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 30000 |
| IRS990/TotalEmployeeCnt | 0 | 1 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 25576 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 304296 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 329872 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 2720403 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2317864 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 2720403 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2317864 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 4326706 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 4489013 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 304296 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 406696 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 58982 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 55483 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 406696 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 492179 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 7047109 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 6806877 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | PO BOX 979 |
| IRS990/USAddress/CityNm | 0 | WARTBURG |
| IRS990/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/USAddress/ZIPCd | 0 | 37887 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 14 |
| IRS990/VotingMembersIndependentCnt | 0 | 14 |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LISA COLLETT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4233469400 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MORGAN COUNTY ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | BOARD INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MORG |
| ReturnHeader/Filer/EIN | 0 | 581705685 |
| ReturnHeader/Filer/PhoneNum | 0 | 4233469400 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 3804 MORGAN COUNTY HWY |
| ReturnHeader/Filer/USAddress/CityNm | 0 | WARTBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 37887 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
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Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.