Nonprofit · EIN 35-1497780
NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · NEW CASTLE, IN 47362
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $432,927 | $444,941 | -$12,014 | $446,083 | $33,959 | $412,124 |
| December 31, 2024 | 990 | $571,806 | $587,208 | -$15,402 | $462,590 | $38,452 | $424,138 |
| December 31, 2023 | 990 | $477,455 | $461,894 | $15,561 | $446,441 | $6,901 | $439,540 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $180,000
- Program service revenue
- $176,250
- Investment income
- $6,558
- Other revenue
- $70,119
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $118,560
- Other salaries and wages
- $53,446
- Salaries, compensation and benefits (total)
- $223,731
- Professional fundraising fees
- $0
- Legal fees
- $2,979
- Accounting fees
- $7,400
- Occupancy
- $3,600
- Travel
- $8,702
- Depreciation
- $9,698
- Program services (functional)
- $295,993
- Management and general (functional)
- $148,948
Balance sheet and other
- Total assets, start of year
- $462,590
- Total assets, end of year
- $446,083
- Total liabilities, end of year
- $33,959
- Net assets, end of year
- $412,124
- Land, buildings and equipment
- $34,509
- Net assets without donor restrictions
- $412,124
- Gross receipts
- $432,927
- Employees
- 2
- Volunteers
- 30
- Year formed
- 1980
- State of legal domicile
- IN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COREY MURPHY | EXECUTIVE DI Officer | 40 | $123,360 | $6,217 |
| JENNIFER FOX | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN RING | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KIRBY PURCIFUL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JON MADISON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT HAYES | DIRECTOR AT Trustee or director, Officer | 1 | $0 | $0 |
| MIKE BROYLES | IMMEDIATE PA Trustee or director | 1 | $0 | $0 |
| CHAD MALICOAT | CO. COUNCIL Trustee or director, Officer | 1 | $0 | $0 |
| GREG YORK | MAYOR Trustee or director, Officer | 1 | $0 | $0 |
| DR KYLE BARRENTINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALLEN BRAMLETT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIANNA CHAPMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DALE COLE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE DELLINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN FALCK-NEAL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
18 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT FROST | BOARD MEMBER Trustee or director | 1 | $0 |
| CARA HUFFMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| ZACH HUTCHENS | BOARD MEMBER Trustee or director | 1 | $0 |
| DARRIN JACOBS | BOARD MEMBER Trustee or director | 1 | $0 |
| SHONDA KANE | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK LABARR | BOARD MEMBER Trustee or director | 1 | $0 |
| NATE LAMAR | BOARD MEMBER Trustee or director | 1 | $0 |
| PAULETTE LEES | BOARD MEMBER Trustee or director | 1 | $0 |
| ADAM LINGLE | BOARD MEMBER Trustee or director | 1 | $0 |
| REX PECKINPAUGH | BOARD MEMBER Trustee or director | 1 | $0 |
| SAM PETTY | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN PIDGEON | BOARD MEMBER Trustee or director | 1 | $0 |
| FORREST PLANK | BOARD MEMBER Trustee or director | 1 | $0 |
| DR MATT SHOEMAKER | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTY SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| MONTFORD SWITZER | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANNON THOM | BOARD MEMBER Trustee or director | 1 | $0 |
| MELISSA TRUE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 33 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COREY MURPHY | EXECUTIVE DI Officer | 40 | $114,000 |
| JENNIFER FOX | CHAIR Trustee or director, Officer | 1 | $0 |
| BRIAN RING | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| KIRBY PURCIFUL | SECRETARY Trustee or director, Officer | 1 | $0 |
| JON MADISON | TREASURER Trustee or director, Officer | 1 | $0 |
| SCOTT HAYES | DIRECTOR AT Trustee or director, Officer | 1 | $0 |
| MIKE BROYLES | IMMEDIATE PA Trustee or director | 1 | $0 |
| CHAD MALICOAT | CO. COUNCIL Trustee or director, Officer | 1 | $0 |
| GREG YORK | MAYOR Trustee or director, Officer | 1 | $0 |
| DR KYLE BARRENTINE | BOARD MEMBER Trustee or director | 1 | $0 |
| ALLEN BRAMLETT | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIANNA CHAPMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DALE COLE | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE DELLINGER | BOARD MEMBER Trustee or director | 1 | $0 |
| SUSAN FALCK-NEAL | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT FROST | BOARD MEMBER Trustee or director | 1 | $0 |
| CARA HUFFMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| ZACH HUTCHENS | BOARD MEMBER Trustee or director | 1 | $0 |
| DARRIN JACOBS | BOARD MEMBER Trustee or director | 1 | $0 |
| SHONDA KANE | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK LABARR | BOARD MEMBER Trustee or director | 1 | $0 |
| NATE LAMAR | BOARD MEMBER Trustee or director | 1 | $0 |
| PAULETTE LEES | BOARD MEMBER Trustee or director | 1 | $0 |
| ADAM LINGLE | BOARD MEMBER Trustee or director | 1 | $0 |
| REX PECKINPAUGH | BOARD MEMBER Trustee or director | 1 | $0 |
| SAM PETTY | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN PIDGEON | BOARD MEMBER Trustee or director | 1 | $0 |
| FORREST PLANK | BOARD MEMBER Trustee or director | 1 | $0 |
| DR MATT SHOEMAKER | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTY SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| MONTFORD SWITZER | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANNON THOM | BOARD MEMBER Trustee or director | 1 | $0 |
| MELISSA TRUE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 34 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| COREY MURPHY | EXECUTIVE DI Officer | 40 | $111,437 |
| JENNIFER FOX | CHAIR Trustee or director, Officer | 1 | $0 |
| BRIAN RING | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| KIRBY PURCIFUL | SECRETARY Trustee or director, Officer | 1 | $0 |
| JON MADISON | TREASURER Trustee or director, Officer | 1 | $0 |
| SCOTT HAYES | DIRECTOR AT Trustee or director, Officer | 1 | $0 |
| MIKE BROYLES | IMMEDIATE PA Trustee or director | 1 | $0 |
| KENON GRAY | CO. COUNCIL Trustee or director, Officer | 1 | $0 |
| GREG YORK | MAYOR Trustee or director, Officer | 1 | $0 |
| DR KYLE BARRENTINE | BOARD MEMBER Trustee or director | 1 | $0 |
| ALLEN BRAMLETT | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIANNA CHAPMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DALE COLE | BOARD MEMBER Trustee or director | 1 | $0 |
| SUSAN FALCK-NEAL | BOARD MEMBER Trustee or director | 1 | $0 |
| SCOTT FROST | BOARD MEMBER Trustee or director | 1 | $0 |
| ROGER HAMMER | BOARD MEMBER Trustee or director | 1 | $0 |
| CARA HUFFMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| DARRIN JACOBS | BOARD MEMBER Trustee or director | 1 | $0 |
| SHONDA KANE | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK LABARR | BOARD MEMBER Trustee or director | 1 | $0 |
| NATE LAMAR | BOARD MEMBER Trustee or director | 1 | $0 |
| PAULETTE LEES | BOARD MEMBER Trustee or director | 1 | $0 |
| ADAM LINGLE | BOARD MEMBER Trustee or director | 1 | $0 |
| BRIAN MAYNE | BOARD MEMBER Trustee or director | 1 | $0 |
| REX PECKINPAUGH | BOARD MEMBER Trustee or director | 1 | $0 |
| SAM PETTY | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE PFENNINGER | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN PIDGEON | BOARD MEMBER Trustee or director | 1 | $0 |
| FORREST PLANK | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRISTY SMITH | BOARD MEMBER Trustee or director | 1 | $0 |
| MONTFORD SWITZER | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANNON THOM | BOARD MEMBER Trustee or director | 1 | $0 |
| MELISSA TRUE | BOARD MEMBER Trustee or director | 1 | $0 |
| JOE WILEY | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S MAIN ST STE 203, NEW CASTLE, IN 47362-4246
- Principal officer (990 for 2025)
- JENNIFER FOX, 100 S MAIN ST, STE 203, NEW CASTLE, IN 47362
- Signed the 990
- JENNIFER FOX, CHAIR
- Phone
- (765) 521-7402
- Website
- GROWINHENRY.COM
- Return prepared by
- ESTEP BURKEY SIMMONS LLC
Mission
TO FOSTER A STRONG ECONOMIC ENVIRONMENT THAT SUPPORTS BUSINESSES.
Program accomplishments
- BUSINESS ATTRACTION, RETENTION, EXPANSION, ENTREPRENEURSHIP AND INFRASTRUCTURE SUPPORT.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 35-1497780
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1981
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $446,083
- Income (IRS master file)
- $432,927
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $432,927 | $444,941 | $446,083 | XML |
| 990 | December 2024 | $571,806 | $587,208 | $462,590 | XML |
| 990 | December 2023 | $477,455 | $461,894 | $446,441 | XML |
| 990 | December 2022 | $428,732 | $495,259 | $430,054 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-1497780).
Questions about NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION is 35-1497780.
- Is NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1981.
- Are donations to NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names JENNIFER FOX.
- Who are the officers and directors of NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 33 people; 1 received compensation from the organization, the highest $123,360 (COREY MURPHY, EXECUTIVE DI).
- How much revenue does NEW CASTLE HENRY COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $432,927, expenses of $444,941 and total assets of $446,083 at year end.
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