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Nonprofit · EIN 35-1521309

ECONOMIC GROWTH GROUP INC

Tax-exempt · RICHMOND, IN 47374

Financials

$19K$8K2023$40K$6K2024
Revenue Expenses · by fiscal year end
Financials of ECONOMIC GROWTH GROUP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$40,021$5,575$34,446$408,753$1,750$407,003
December 31, 2023990-EZ$19,265$7,671$11,594$380,757$8,200$372,557
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$12,700
Investment income
$14,184
Other revenue
$13,137

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,120
Other expenses
$4,455
Program services (functional)
$5,575

Balance sheet and other

Total assets, start of year
$380,757
Total assets, end of year
$408,753
Total liabilities, end of year
$1,750
Net assets, end of year
$407,003
Cash, savings and investments
$400,611
Gross receipts
$40,021

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
PAUL LINGLEPRESIDENT1$0
KEVIN AHAUSVICE PRESIDENT1$0
J SCOTT PORTERMEMBER1$0
JOE CHAMNESSMEMBER1$0
MIKE CRAMERMEMBER1$0
DAVID STIDHAMSECRETARY1$0
LEE ELZEMEYERMEMBER1$0
JOHN HITCHTREASURER1$0
JACKIE CARBERRYMEMBER1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
PAUL LINGLEPRESIDENT1$0
KEVIN AHAUSVICE PRESIDENT1$0
J SCOTT PORTERMEMBER1$0
JOE CHAMNESSMEMBER1$0
MIKE CRAMERMEMBER1$0
DAVID STIDHAMSECRETARY1$0
LEE ELZEMEYERMEMBER1$0
JOHN HITCHTREASURER1$0
JACKIE CARBERRYMEMBER1$0

Address and contacts

Address (IRS master file)
33 SOUTH 7TH STREET, RICHMOND, IN 47374-5463
Signed the 990-EZ
PAUL LINGLE, CHAIRPERSON
Phone
(765) 962-1638
Return prepared by
BRADY WARE & SCHOENFELD INC

Mission

ECONOMIC DEVELOPMENT

990-EZ for the year ended December 31, 2024

Program accomplishments

  • CONTINUED INVOLVEMENT IN ECONOMIC DEVELOPMENT CORPORATION - AN ORGANIZATION DESIGNED FOR COMMUNITY DEVELOPMENT AND GROWTH
    Expenses $5,575

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
35-1521309
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1982
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$408,753
Income (IRS master file)
$40,021

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$40,021$5,575$408,753XML
990-EZDecember 2023$19,265$7,671$380,757XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 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 35-1521309).

Questions about ECONOMIC GROWTH GROUP INC

What is the EIN of ECONOMIC GROWTH GROUP INC?
The employer identification number (EIN) of ECONOMIC GROWTH GROUP INC is 35-1521309.
Is ECONOMIC GROWTH GROUP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to ECONOMIC GROWTH GROUP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ECONOMIC GROWTH GROUP INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ECONOMIC GROWTH GROUP INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ECONOMIC GROWTH GROUP INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of ECONOMIC GROWTH GROUP INC?
The 990-EZ for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does ECONOMIC GROWTH GROUP INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $40,021, expenses of $5,575 and total assets of $408,753 at year end.

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