Civic Intelligence

Meigs County-Decatur Economic

EIN 61-1585762 • 501(c)6 • Decatur, TN

Profile

The meigs county-decatur economic development corporation is committed to promoting development sites for new businesses and industries in meigs county, and to support and retain existing businesses and industries within our community.

PO Box 569Decatur, TN 37322

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

65th percentile

6.4%

Faster asset growth than 65% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

26th percentile

-19%

Faster revenue growth than 26% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$247,407

Up $39,829 (+19%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Up

$40,029

Up $14,836 (+59%) from 2022

Expenses

Down

$200

Down $1,154 (-85%) from 2022

Net Income

Up

$39,829

Up $15,990 (+67%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$400K$300K$200K$100K$0Assets 2011: $223,643Liabilities 2011: $37,437Net Assets 2011: $186,2062011Assets 2012: $207,887Liabilities 2012: $25,128Net Assets 2012: $182,7592012Assets 2013: $209,453Liabilities 2013: $12,822Net Assets 2013: $196,6312013Assets 2014: $344,472Liabilities 2014: $153,414Net Assets 2014: $191,0582014Assets 2015: $302,022Liabilities 2015: $112,736Net Assets 2015: $189,2862015Assets 2016: $267,981Liabilities 2016: $78,211Net Assets 2016: $189,7702016Assets 2017: $231,493Liabilities 2017: $43,686Net Assets 2017: $187,8072017Assets 2018: $209,607Liabilities 2018: $12,038Net Assets 2018: $197,5692018Assets 2019: $196,728Liabilities 2019: $9,022Net Assets 2019: $187,7062019Assets 2020: $184,424Net Assets 2020: $184,4242020Assets 2021: $183,739Net Assets 2021: $183,7392021Assets 2022: $207,578Net Assets 2022: $207,5782022Assets 2023: $247,407Liabilities 2023: $02023

Highlighted filing

2023

Assets$247,407
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth26th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $150,051Expenses 2011: $6,845Net Income 2011: $143,2062011Revenue 2012: $38,024Expenses 2012: $40,471Net Income 2012: -$2,4472012Revenue 2013: $538,731Expenses 2013: $524,858Net Income 2013: $13,8732013Revenue 2014: $38,718Expenses 2014: $44,291Net Income 2014: -$5,5732014Revenue 2015: $6,458Expenses 2015: $8,230Net Income 2015: -$1,7722015Revenue 2016: $1,282Expenses 2016: $798Net Income 2016: $4842016Revenue 2017: $2,414Expenses 2017: $4,377Net Income 2017: -$1,9632017Revenue 2018: $10,765Expenses 2018: $1,003Net Income 2018: $9,7622018Revenue 2019: $2,531Expenses 2019: $12,394Net Income 2019: -$9,8632019Revenue 2020: $8Expenses 2020: $3,290Net Income 2020: -$3,2822020Revenue 2021: $5Expenses 2021: $690Net Income 2021: -$6852021Revenue 2022: $25,193Expenses 2022: $1,354Net Income 2022: $23,8392022Revenue 2023: $40,029Expenses 2023: $200Net Income 2023: $39,8292023

Highlighted filing

2023

Revenue$40,029
Expenses$200
Net Income$39,829
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$247,407
Liabilities
$0
Net assets
-
Revenue
$40,029
Expenses
$200
Net income
$39,829
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.47$0.00$0.40$0.00$0.40
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$2.08$0.25$0.01$0.24
2021Detailed filing. Detailed filing data is available for this year.$1.84$1.84$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.84$1.84$0.00$0.03$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$0.09$1.88$0.03$0.12$0.10
2018Detailed filing. Detailed filing data is available for this year.$2.10$0.12$1.98$0.11$0.01$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.31$0.44$1.88$0.02$0.04$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.68$0.78$1.90$0.01$0.01$0.00
2015Detailed filing. Detailed filing data is available for this year.$3.02$1.13$1.89$0.06$0.08$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.44$1.53$1.91$0.39$0.44$0.06
2013Detailed filing. Detailed filing data is available for this year.$2.09$0.13$1.97$5.39$5.25$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.25$1.83$0.38$0.40$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$0.37$1.86$1.50$0.07$1.43
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2023
Return Version
2021v4.0
Gross Receipts
$5
Mission and Program Overview

Mission

The meigs county-decatur economic development corporation is committed to promoting development sites for new businesses and industries in meigs county, and to support and retain existing businesses and industries within our community.

Program Services

DescriptionGrantsExpenses
THE MEIGS COUNTY-DECATUR ECONOMIC DEVELOPMENT CORPORATION IS COMMITTED TO PROMOTING DEVELOPMENT SITES FOR NEW BUSINESSES AND INDUSTRIES IN MEIGS COUNTY, AND TO SUPPORT AND RETAIN EXISTING BUSINESSES AND INDUSTRIES WITHIN OUR COMMUNITY.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
J GID REDMONDChairman-$0--
MELVIN HOLMESVice Chairma-$0--
GENE WADETreasurer-$0--
BILL JAMES-MEIGS COUNTY MAYOREx-Officio D-$0--
JEREMY BIVENS-CITY OF DECATUR MAYOREx-Officio D-$0--
DEAN HENRYDirector-$0--
RODY BLEVINSDirector-$0--
STEVE MILLERDirector-$0--
CLIFFORD PETER JRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Meigs County-decatur Economic
EIN
61-1585762
Phone
4233345846
Address
PO BOX 569, DECATUR, TN 37322

Signing Officer

Name
Gene Wade
Title
Treasurer
Phone
4233345846
Signed
2023-10-31

Preparer

Firm
Warrenjackson Cpas Pllc
Address
606 S MAIN STE C, SWEETWATER, TN 37874-2731
Preparer
Derrick Nelson Ea
Phone
4233375003
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses meetings expenses 470 professional fees 220 total 690”

Form 990-ez, Part II, Line 24

“Accounts receivable 7,841 7,841 total 7,841 7,841”

Form 990-ez, Part III

“The meigs county-decatur economic development corporation is committed to promoting development sites for new businesses and industries in meigs county, and to support and retain existing businesses and industries within our community.”

Form 990-ez, Part III, Line 28

“The meigs county-decatur economic development corporation is committed to promoting development sites for new businesses and industries in meigs county, and to support and retain existing businesses and industries within our community.”

Raw XML Appendix124 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0GENE WADE
IRS990EZ/BooksInCareOfDetail/PhoneNum04233349304
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 1301
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DECATUR
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd037322
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt013083
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt012398
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-685
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0184424
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0183739
IRS990EZ/GrossReceiptsAmt05
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/LandAndBuildingsGrp/BOYAmt0163500
IRS990EZ/LandAndBuildingsGrp/EOYAmt0163500
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0184424
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0183739
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0184424
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0183739
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0J GID REDMOND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MELVIN HOLMES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GENE WADE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BILL JAMES-MEIGS COUNTY MAYOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEREMY BIVENS-CITY OF DECATUR MAYOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DEAN HENRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6RODY BLEVINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7STEVE MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CLIFFORD PETER JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3EX-OFFICIO D
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4EX-OFFICIO D
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07841
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07841
IRS990EZ/OtherExpensesTotalAmt0690
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MEIGS COUNTY-DECATUR ECONOMIC DEVELOPMENT CORPORATION IS COMMITTED TO PROMOTING DEVELOPMENT SITES FOR NEW BUSINESSES AND INDUSTRIES IN MEIGS COUNTY, AND TO SUPPORT AND RETAIN EXISTING BUSINESSES AND INDUSTRIES WITHIN OUR COMMUNITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE MEIGS COUNTY-DECATUR ECONOMIC DEVELOPMENT CORPORATION IS COMMITTED TO PROMOTING DEVELOPMENT SITES FOR NEW BUSINESSES AND INDUSTRIES IN MEIGS COUNTY, AND TO SUPPORT AND RETAIN EXISTING BUSINESSES AND INDUSTRIES WITHIN OUR COMMUNITY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0690
IRS990EZ/TotalRevenueAmt05
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MEETINGS EXPENSES 470 PROFESSIONAL FEES 220 TOTAL 690
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 7,841 7,841 TOTAL 7,841 7,841
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEIGS COUNTY-DECATUR ECONOMIC DEVELOPMENT CORPORATION IS COMMITTED TO PROMOTING DEVELOPMENT SITES FOR NEW BUSINESSES AND INDUSTRIES IN MEIGS COUNTY, AND TO SUPPORT AND RETAIN EXISTING BUSINESSES AND INDUSTRIES WITHIN OUR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEIGS COUNTY-DECATUR ECONOMIC DEVELOPMENT CORPORATION IS COMMITTED TO PROMOTING DEVELOPMENT SITES FOR NEW BUSINESSES AND INDUSTRIES IN MEIGS COUNTY, AND TO SUPPORT AND RETAIN EXISTING BUSINESSES AND INDUSTRIES WITHIN OUR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GENE WADE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04233345846
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEIGS COUNTY-DECATUR ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0MEIG
ReturnHeader/Filer/EIN0611585762
ReturnHeader/Filer/PhoneNum04233345846
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 569
ReturnHeader/Filer/USAddress/CityNm0DECATUR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037322
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621874228
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WARRENJACKSON CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0606 S MAIN STE C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SWEETWATER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0378742731
ReturnHeader/PreparerPersonGrp/PhoneNum04233375003
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DERRICK NELSON EA
ReturnHeader/ReturnTs02023-11-09T09:04:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GENE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WADE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits