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Nonprofit · EIN 55-0737283

MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC

Tax-exempt (reinstated) · MOUNDSVILLE, WV 26041

Financials

$661K$616K2023$752K$681K2024
Revenue Expenses · by fiscal year end
Financials of MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$752,124$681,324$70,800$863,015$13,483$849,532
December 31, 2023990$661,187$616,258$44,929$802,935$24,203$778,732
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,500
of which government grants
$5,500
Program service revenue
$572,075
Investment income
$11,570
Net rental income
$50,857
Net income from sales of inventory
$85,718
Other revenue
$162,979

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$348,608
Salaries, compensation and benefits (total)
$381,111
Professional fundraising fees
$0
Accounting fees
$19,400
Occupancy
$176,436
Travel
$4,322
Depreciation
$37,982
Program services (functional)
$611,178
Management and general (functional)
$70,146

Balance sheet and other

Total assets, start of year
$802,935
Total assets, end of year
$863,015
Total liabilities, end of year
$13,483
Net assets, end of year
$849,532
Land, buildings and equipment
$128,324
Net assets without donor restrictions
$849,532
Gross receipts
$827,903
Employees
67
Volunteers
16
Year formed
1996
State of legal domicile
WV

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.

NameTitleHours / weekCompensation
GARY CRIPPENVICE PRESIDENT
Trustee or director
3$0
KAREN BAKERSECRETARY
Trustee or director
3$0
CONNIE GRISELLDIRECTOR
Trustee or director
1$0
JOE CANESTRARODIRECTOR
Trustee or director
1$0
GEORGE BAMBERGERDIRECTOR
Trustee or director
1$0
MIKE LOGSDONDIRECTOR
Trustee or director
1$0
TRICIA GOODETREASURER
Trustee or director
3$0
HOWARD COFFIELDPRESIDENT
Trustee or director
3$0
BETH PHILLIPSDIRECTOR
Trustee or director
1$0
EUGENE SAUNDERSDIRECTOR
Trustee or director
1$0
BECKY VUCELICKDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
GARY CRIPPENVICE PRESIDENT
Trustee or director
3$0
KAREN BAKERSECRETARY
Trustee or director
3$0
CONNIE GRISELLDIRECTOR
Trustee or director
1$0
JOE CANESTRARODIRECTOR
Trustee or director
1$0
GEORGE BAMBERGERDIRECTOR
Trustee or director
1$0
MIKE LOGSDONDIRECTOR
Trustee or director
1$0
ROSALYN RHODESTREASURER
Trustee or director
3$0
HOWARD COFFIELDPRESIDENT
Trustee or director
3$0
BETH PHILLIPSDIRECTOR
Trustee or director
1$0
EUGENE SAUNDERSDIRECTOR
Trustee or director
1$0
CAROLE WOODDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
818 JEFFERSON AVE, MOUNDSVILLE, WV 26041-2235
Principal officer (990 for 2024)
THOMAS STILES, 818 JEFFERSON AVE, MOUNDSVILLE, WV 26041
Signed the 990
THOMAS STILES, EXECUTIVE DIRECTOR
Phone
(304) 845-6200
Return prepared by
HARTLEY & STRAUB PLLC

Mission

THE MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL, INC. WAS FORMED TO PROMOTE BUSINESS DEVELOPMENT AND ECONOMIC DEVELOPMENT. ACTIVITIES INCLUDE PROMOTION OF TOURISM, FACILITY RENTAL AND ORGANIZING SPECIAL EVENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATING THE CLOSED FORMER WEST VIRGINIA STATE PENITENTIARY FOR TOURS. THE BUILDING IS LISTED AS A NATIONAL LANDMARK. TOURS PROMOTE TOURISM AND ENHANCE THE LOCAL ECONOMY AS VISITORS COME FROM AROUND THE WORLD TO SEE THE HISTORIC BUILDING.
    Expenses $611,178

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

IRS record

EIN
55-0737283
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$863,015
Income (IRS master file)
$827,903

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
June 9, 2011
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$752,124$681,324$863,015XML
990December 2023$661,187$616,258$802,935XML
990December 2022$668,828$615,931$759,974IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 55-0737283).

Questions about MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC

What is the EIN of MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC?
The employer identification number (EIN) of MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC is 55-0737283.
Is MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC 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 MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL 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 MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC 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 MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC?
The 990 for the year ended December 31, 2024 names THOMAS STILES.
Who are the officers and directors of MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does MOUNDSVILLE ECONOMIC DEVELOPMENT COUNCIL INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $752,124, expenses of $681,324 and total assets of $863,015 at year end.

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