2024-08-09T10:37:41-04:00 2023-12-31 203388433 HAMILTON WALTMAN OBENOUR & MELSHEIMER PO BOX 8200 ZANESVILLE OH 437028200 990 2023-01-01 260090510 MORGAN COUNTY IMPROVEMENT CORPORATION MORG 7409626772 155 E MAIN STREET ROOM 135 STE B MCCONNELSVILLE OH 43756 KELSEY WELLS BOARD MEMBER/TREAS 7406246607 2024-07-03 true true BRYAN T MELSHEIMER CPA P01275840 7404548852 2024-07-24 2023 2024-08-08 14:25:15Z KELSEY WELLS 155 E MAIN ST ROOM 135 SUITE B MCCONNELSVILLE OH 43756 634170 false X X 1967 OH THE SOLE PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO ADVANCE, ENCOURAGE, AND PROMOTE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF THE COUNTY OF MORGAN, AND THE MUNICIPAL CORPORATIONS LOCATED THEREIN BY ACTING AS THE DESIGNATED AGENCY OF THE COUNTY OF MORGAN, ONE OR MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, OR THE COUNTY OF MORGAN AND ONE OR MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, FOR THE INDUSTRIAL, COMMERCIAL, DISTRIBUTION, AND RESEARCH DEVELOPMENT IN SUCH POLITICAL SUBDIVISION IN ACCORDANCE WITH SECTION 1724.10, REVISED CODE. TO PROVIDE REAL PROPERTY FOR AN INDUSTRIAL BUILDING BEING FINANCED IN PART BY LOANS AND GRANTS FROM THE STATE OF OHIO. THE CORPORATION SHALL HAVE THE RIGHT TO RAISE MONEY AND EXPEND FUNDS FOR COMMUNITY PROJECTS IN MORGAN COUNTY, OHIO. OUR ACTIVITY FURTHERS OUR EXEMPT PURPOSE AS WE ARE ABLE TO OBTAIN LOANS WITH LOWER THAN STANDARD INTEREST RATES AND GRANTS FROM THE STATE OF OHIO TO FINANCE THE REAL PROPERTY, WHICH IN TURN ALLOWS THE CO 10 10 0 0 265737 360000 360000 14 308 8125 360014 634170 0 0 2400 1800 0 0 152443 409139 154843 410939 205171 223231 4238671 4052619 1076636 667353 3162035 3385266 X THE SOLE PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO ADVANCE, ENCOURAGE, AND PROMOTE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF THE COUNTY OF MORGAN, AND THE MUNICIPAL CORPORATIONS LOCATED THEREIN BY ACTING AS THE DESIGNATED AGENCY OF THE COUNTY OF MORGAN, ONE OR MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, OR THE COUNTY OF MORGAN AND ONE OR MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, FOR THE INDUSTRIAL, COMMERCIAL, DISTRIBUTION, AND RESEARCH DEVELOPMENT IN SUCH POLITICAL SUBDIVISION IN ACCORDANCE WITH SECTION 1724.10, REVISED CODE. TO PROVIDE REAL PROPERTY FOR AN INDUSTRIAL BUILDING BEING FINANCED IN PART BY LOANS AND GRANTS FROM THE STATE OF OHIO. THE CORPORATION SHALL HAVE THE RIGHT TO RAISE MONEY AND EXPEND FUNDS FOR COMMUNITY PROJECTS IN MORGAN COUNTY, OHIO. OUR ACTIVITY FURTHERS OUR EXEMPT PURPOSE AS WE ARE ABLE TO OBTAIN LOANS WITH LOWER THAN STANDARD INTEREST RATES AND GRANTS FROM THE STATE OF OHIO TO FINANCE THE REAL PROPERTY, WHICH IN TURN ALLOWS THE CO false false 409139 360000 TO PROVIDE REAL PROPERTY FOR AN INDUSTRIAL BUILDING BEING FINANCED IN PART BY LOANS AND GRANTS FROM THE STATE OF OHIO. THE CORPORATION SHALL HAVE THE RIGHT TO RAISE MONEY AND EXPEND FUNDS FOR COMMUNITY PROJECTS IN MORGAN COUNTY, OHIO. OUR ACTIVITY FURTHERS OUR EXEMPT PURPOSE AS WE ARE ABLE TO OBTAIN LOANS WITH LOWER THAN STANDARD INTEREST RATES AND GRANTS FROM THE STATE OF OHIO TO FINANCE THE REAL PROPERTY, WHICH IN TURN ALLOWS THE COMPANY LEASING THE INDUSTRIAL BUILDING TO PAY LOWER LEASE PAYMENTS AND GIVES THEM AN INCENTIVE TO COME TO MORGAN COUNTY, OHIO TO HELP REDUCE UNEMPLOYMENT AND CREATE JOBS IN OUR LOCAL ECONOMY. 409139 false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false true false false true 1 0 false 0 false false false false false false false false X 10 10 false false false false false false false true true false false false false false false true false false X KELSEY WELLS 7409624565 100 E MAIN STREET MCCONNELSVILLE OH 43756 KELSEY WELLS BOARD MEMBER 1.25 1.25 X X 1800 0 0 BERNIE ANDERSON BOARD MEMBER 0.50 0.50 X 0 0 0 SARAH HARLOW BOARD MEMBER 0.50 0.50 X 0 0 0 MARK HOWDYSHELL BOARD MEMBER 1.25 1.25 X X 0 0 0 CECIL MAYLE BOARD MEMBER 0.50 0.50 X 0 0 0 CHASITY MAYLE BOARD MEMBER 0.50 0.50 X 0 0 0 DEAN PONCHAK BOARD MEMBER 0.50 0.50 X 0 0 0 ADAM SHRIVER BOARD MEMBER 1.25 1.25 X X 0 0 0 RICHARD WELSH BOARD MEMBER 0.50 0.50 X 0 0 0 STEVE WILLIAMS BOARD MEMBER 0.50 0.50 X 0 0 0 1800 false false false 265737 265737 COMMERCIAL REAL ESTATE 360000 360000 360000 308 308 EASEMENT 8125 8125 8125 634170 368433 1800 1800 9478 9478 19943 19943 26773 26773 78747 78747 PASS THRU GRANT 265737 265737 LOAN SERVICE FEE 6384 6384 DONATIONS 750 750 REIMBURSED EXPENSES 588 588 739 739 410939 409139 1800 0 278 11784 2443727 2324916 3154540 1438621 1794666 1715919 4238671 4052619 1076636 667353 1076636 667353 X 3162035 3385266 3162035 3385266 4238671 4052619 223231 X true X true X false false 110740 110740 3025000 1429809 1595191 18800 8812 9988 1715919 MCIC SINTER PROPERTY BOARD MEMBERS 118811 PYMT REC'D ON DEBT false FORM 990 - ORGANIZATION'S MISSION THE SOLE PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO ADVANCE, ENCOURAGE, AND PROMOTE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF THE COUNTY OF MORGAN, AND THE MUNICIPAL CORPORATIONS LOCATED THEREIN BY ACTING AS THE DESIGNATED AGENCY OF THE COUNTY OF MORGAN, ONE OR MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, OR THE COUNTY OF MORGAN AND ONE OR MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, FOR THE INDUSTRIAL, COMMERCIAL, DISTRIBUTION, AND RESEARCH DEVELOPMENT IN SUCH POLITICAL SUBDIVISION IN ACCORDANCE WITH SECTION 1724.10, REVISED CODE. TO PROVIDE REAL PROPERTY FOR AN INDUSTRIAL BUILDING BEING FINANCED IN PART BY LOANS AND GRANTS FROM THE STATE OF OHIO. THE CORPORATION SHALL HAVE THE RIGHT TO RAISE MONEY AND EXPEND FUNDS FOR COMMUNITY PROJECTS IN MORGAN COUNTY, OHIO. OUR ACTIVITY FURTHERS OUR EXEMPT PURPOSE AS WE ARE ABLE TO OBTAIN LOANS WITH LOWER THAN STANDARD INTEREST RATES AND GRANTS FROM THE STATE OF OHIO TO FINANCE THE REAL PROPERTY, WHICH IN TURN ALLOWS THE COMPANY LEASING THE INDUSTRIAL BUILDING TO PAY LOWER LEASE PAYMENTS AND GIVES THEM AN INCENTIVE TO COME TO MORGAN COUNTY, OHIO TO HELP REDUCE UNEMPLOYMENT AND CREATE JOBS IN OUR LOCAL ECONOMY. FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED AND DISCUSSED DURING A NORMAL BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A BOARD PROPOSED AND APPROVED COMPENSATION FOR KELSEY WELLS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. MCIC SINTER PROPERTY 155 E MAIN STREET ROOM 135 STE B MCCONNELSVILLE OH 43756 463597825 LEASING OH 501C4 N/A false false false false true false false false false false false false false false false false false false false false MCIC SINTER PROPERTY D 118811 PYMTS REC'D ON DEBT