Nonprofit · EIN 35-1654127
COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY
Tax-exempt · GREENFIELD, IN 46140
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $639,100 | $501,691 | $137,409 | $388,571 | $1,024 | $387,547 |
| December 31, 2023 | 990 | $476,146 | $420,834 | $55,312 | $254,839 | $4,701 | $250,138 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $182,424
- of which government grants
- $54,500
- Program service revenue
- $450,660
- Investment income
- $6,016
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $294,693
- Salaries, compensation and benefits (total)
- $353,016
- Professional fundraising fees
- $0
- Accounting fees
- $15,867
- Occupancy
- $22,521
- Travel
- $12,790
- Depreciation
- $300
- Program services (functional)
- $15,011
- Management and general (functional)
- $486,680
Balance sheet and other
- Total assets, start of year
- $254,839
- Total assets, end of year
- $388,571
- Total liabilities, end of year
- $1,024
- Net assets, end of year
- $387,547
- Land, buildings and equipment
- $942
- Net assets without donor restrictions
- $387,547
- Gross receipts
- $639,100
- Employees
- 5
- Year formed
- 1985
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RANDALL SORRELL | EXECUTIVE DI Highest-paid employee | – | $109,815 |
| DAN RILEY | SECRETARY Trustee or director, Officer | – | $0 |
| HAROLD OLIN GREENFIELD CENTRAL SCHOOLS | PRESIDENT Trustee or director, Officer | – | $0 |
| JON MILLER | TREASURER Trustee or director, Officer | – | $0 |
| RYAN BERRY | MEMBER Institutional trustee | – | $0 |
| BILL NIEMIER TOWN OF NEW PALESTINE | TRUSTEE Institutional trustee | – | $0 |
| MARIA BOND | MEMBER Institutional trustee | – | $0 |
| DRAKE BRANDA | MEMBER Institutional trustee | – | $0 |
| BRIGETTE COOK JONES HANCOCK COUNTY TOURISM | TRUSTEE Institutional trustee | – | $0 |
| BRYAN MILLER | TRUSTEE Institutional trustee | – | $0 |
| BUCK RITZ MILESTONE CONTRACTORS | TRUSTEE Institutional trustee | – | $0 |
| MICHAEL BURROW | MEMBER Institutional trustee | – | $0 |
| CHRIS KING | TRUSTEE Institutional trustee | – | $0 |
| DAVE GRAY HANCOCK COUNTY PUBLIC LIBRARY | TRUSTEE Institutional trustee | – | $0 |
| DR GEORGE PHILHOWER EASTERN HANCOCK SCHOOLS | TRUSTEE Institutional trustee | – | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT ERVIN | MEMBER Institutional trustee | – | $0 |
| MIKE GRAF | MEMBER Institutional trustee | – | $0 |
| GREGORY WHITE | TRUSTEE Institutional trustee | – | $0 |
| HALEY TOMLINSON DUKE ENERGY | TRUSTEE Institutional trustee | – | $0 |
| JOE MURPHY | TRUSTEE Institutional trustee | – | $0 |
| JOE RENNER TOWN OF FORTVILLE | TRUSTEE Institutional trustee | – | $0 |
| MIKE JONES | MEMBER Institutional trustee | – | $0 |
| JASON KOCH | MEMBER Institutional trustee | – | $0 |
| MARY GIBBLE HANCOCK COUNTY COMMUNITY FOUNDATION | TRUSTEE Institutional trustee | – | $0 |
| MATT BRAUER | TRUSTEE Institutional trustee | – | $0 |
| DR JACK PARKER | MEMBER Institutional trustee | – | $0 |
| RACHEL HUSER | TRUSTEE Institutional trustee | – | $0 |
| JIM ROBINSON | MEMBER Institutional trustee | – | $0 |
| JIM SHELBY | MEMBER Institutional trustee | – | $0 |
| CRAIG SMITH | MEMBER Institutional trustee | – | $0 |
| JEFFERY SOMERS | MEMBER Institutional trustee | – | $0 |
| BILL SPALDING | TRUSTEE Institutional trustee | – | $0 |
| DAVID SPENCER | MEMBER Institutional trustee | – | $0 |
| GUY TITUS | MEMBER Institutional trustee | – | $0 |
990 for the year ended December 31, 2023: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HAROLD OLIN GREENFIELD CENTRAL SCHOOLS | PRESIDENT Trustee or director, Officer | – | $0 |
| BEN LIPPS TOWN OF CUMBERLAND | TRUSTEE Institutional trustee | – | $0 |
| BILL NEMIER TOWN OF NEW PALESTINE | TRUSTEE Institutional trustee | – | $0 |
| BOB ERWIN | TRUSTEE Institutional trustee | – | $0 |
| BRADY JACOBS LAUTH GROUP | TRUSTEE Institutional trustee | – | $0 |
| BRIGETTE COOK JONES HANCOCK COUNTY TOURISM | TRUSTEE Institutional trustee | – | $0 |
| BRYAN MILLER | TRUSTEE Institutional trustee | – | $0 |
| BUCK RITZ MILESTONE CONTRACTORS | TRUSTEE Institutional trustee | – | $0 |
| CHRIS KING | TRUSTEE Institutional trustee | – | $0 |
| CHUCK FEWELL CITY OF GREENFIELD | TRUSTEE Institutional trustee | – | $0 |
| DAVE GRAY HANCOCK COUNTY PUBLIC LIBRARY | TRUSTEE Institutional trustee | – | $0 |
| DAVID BEGO EXECUTIVE MANAGEMENT SERVICES | TRUSTEE Institutional trustee | – | $0 |
| GEORGE PHILHOWER EASTERN HANCOCK SCHOOLS | TRUSTEE Institutional trustee | – | $0 |
| GREGORY WHITE | TRUSTEE Institutional trustee | – | $0 |
| HALEY TOMLINSON DUKE ENERGY | TRUSTEE Institutional trustee | – | $0 |
| JOE MURPHY | TRUSTEE Institutional trustee | – | $0 |
| JOE RENNER TOWN OF FORTVILLE | TRUSTEE Institutional trustee | – | $0 |
| LYNN GREENWALT GREENWALT DEVELOPMENT | TRUSTEE Institutional trustee | – | $0 |
| MARIA BOND | TRUSTEE Institutional trustee | – | $0 |
| MARY GIBBLE HANCOCK COUNTY COMMUNITY FOUNDATION | TRUSTEE Institutional trustee | – | $0 |
| MATT BRAUER | TRUSTEE Institutional trustee | – | $0 |
| RACHEL HUSER | TRUSTEE Institutional trustee | – | $0 |
| BILL SPALDING | TRUSTEE Institutional trustee | – | $0 |
| STEVE LONG HANCOCK HEALTH | TRUSTEE Institutional trustee | – | $0 |
| TIM GROPP | TRUSTEE Institutional trustee | – | $0 |
| TODD PYATT HANCOCK COUNTY BUILDERS/BAGI | TRUSTEE Institutional trustee | – | $0 |
| WES ANDERSON-LISA LANTRIP SOUTHERN HANCOCK SCHOOLS | TRUSTEE Institutional trustee | – | $0 |
| ANDREW WAGGONER FERGUSON CONSTRUCTION | VICE PRESIDE Officer | – | $0 |
| DAN RILEY | SECRETARY Officer | – | $0 |
| JON MILLER | TREASURER Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1 COURT HOUSE PLZ, GREENFIELD, IN 46140-2300
- Principal officer (990 for 2024)
- RANDALL SORRELL, 1 COURTHOUSE PLAZA, GREENFIELD, IN 46140
- Signed the 990
- RANDALL SORRELL, EXECUTIVE DIRECTOR
- Phone
- (317) 477-7241
- Website
- WWW.HANCOCKEDC.COM
- Return prepared by
- SPRINKLE & ASHLEY CPA LLC
Mission
TO PROMOTE ECONOMIC DEVELOPMENT IN HANCOCK COUNTY BY PROVIDING SITE ASSISTANCE, COST OF DOING BUSINESS ANALYSIS, AND ECONOMIC IMPACT MODELING TO SITE LOCATION CONSULTANTS, THE CORPORATE REAL ESTATE COMMUNITY, AND INDIVIDUAL BUSINESSES. WE SERVE AS A LIAISON BETWEEN LOCAL GOVERNMENT AND THE BUSINESS COMMUNITY. OUR MISSION IS TO ENHANCE THE QUALITY OF LIFE IN HANCOCK COUNTY THROUGH THE ATTRACTION AND RETENTION OF QUALITY JOBS AND PROMOTION OF A DIVERSIFIED TAX BASE.
Program accomplishments
- TO PROMOTE ECONOMIC DEVELOPMENT IN HANCOCK COUNTY BY PROVIDING SITE ASSISTANCE, COST OF DOING BUSINESS ANALYSIS, AND ECONOMIC IMPACT MODELING TO SITE LOCATION CONSULTANTS, THE CORPORATE REAL ESTATE COMMUNITY, AND INDIVIDUAL BUSINESSES. WE SERVE AS A LIAISON BETWEEN LOCAL GOVERNMENT AND THE BUSINESS COMMUNITY. OUR MISSION IS TO ENHANCE THE QUALITY OF LIFE IN HANCOCK COUNTY THROUGH THE ATTRACTION AND RETENTION OF QUALITY JOBS AND PROMOTION OF A DIVERSIFIED TAX BASE.
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 | Not 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
- 35-1654127
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $388,571
- Income (IRS master file)
- $639,100
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $639,100 | $501,691 | $388,571 | XML |
| 990 | December 2023 | $476,146 | $420,834 | $254,839 | XML |
| 990 | December 2022 | $282,440 | $334,978 | $197,838 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 35-1654127).
Questions about COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY
- What is the EIN of COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY?
- The employer identification number (EIN) of COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY is 35-1654127.
- Is COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
- Are donations to COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY 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 COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY 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 COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY?
- The 990 for the year ended December 31, 2024 names RANDALL SORRELL.
- Who are the officers and directors of COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY?
- The 990 for the year ended December 31, 2024 lists 34 people; 1 received compensation from the organization, the highest $109,815 (RANDALL SORRELL, EXECUTIVE DI).
- How much revenue does COUNCIL FOR ECONOMIC DEVELOPMENT HANCOCK COUNTY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $639,100, expenses of $501,691 and total assets of $388,571 at year end.
Other nonprofits in GREENFIELD
- HANCOCK RURAL TELEPHONE CORPORATION EIN 35-0914373 · last filed 990 for 2024
- HANCOCK PHYSICIAN NETWORK LLC EIN 35-2051598 · last filed 990 for 2024
- COMMUNITY FOUNDATION OF HANCOCK COUNTY INC EIN 35-1837729 · last filed 990 for 2025
- HANCOCK HEALTH GATEWAY SERVICES INC EIN 83-1904165 · last filed 990 for 2024
- THE NATIONAL EXCHANGE CLUB EIN 34-4312210 · last filed 990-N for 2025
- INDIANA STANDARDBRED ASSOCIATION INC EIN 23-7160140 · last filed 990 for 2025
- WORLD RENEWAL INC EIN 48-1013981 · last filed 990 for 2024
- HANCOCK COUNTY FOOD PANTRY INC EIN 35-1923567 · last filed 990 for 2025