Nonprofit · EIN 59-1101989
SUWANNEE RIVER ECONOMIC COUNCIL INC
Tax-exempt · LIVE OAK, FL 32064
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $10,905,292 | $10,764,678 | $140,614 | $11,981,688 | $1,139,318 | $10,842,370 |
| September 30, 2024 | 990 | $10,626,660 | $10,559,133 | $67,527 | $12,104,988 | $1,403,232 | $10,701,756 |
| September 30, 2023 | 990 | $11,386,248 | $11,082,529 | $303,719 | $11,643,486 | $1,009,257 | $10,634,229 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $8,312,397
- of which government grants
- $8,057,868
- Program service revenue
- $2,278,114
- Investment income
- $314,781
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $332,785
- Other salaries and wages
- $2,899,929
- Salaries, compensation and benefits (total)
- $4,237,752
- Professional fundraising fees
- $0
- Accounting fees
- $55,899
- Occupancy
- $235,887
- Travel
- $116,845
- Depreciation
- $317,979
- Program services (functional)
- $9,352,448
- Management and general (functional)
- $1,412,230
Balance sheet and other
- Total assets, start of year
- $12,104,988
- Total assets, end of year
- $11,981,688
- Total liabilities, end of year
- $1,139,318
- Net assets, end of year
- $10,842,370
- Land, buildings and equipment
- $2,122,205
- Net assets without donor restrictions
- $10,842,370
- Gross receipts
- $10,905,292
- Employees
- 128
- Volunteers
- 17
- Year formed
- 1977
- State of legal domicile
- FL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW PEARSON | EXECUTIVE DIRECTOR Officer | 40 | $140,749 | $32,659 |
| BARBARA HAMRIC | DIRECTOR OF FINANCE Officer | 40 | $115,044 | $26,411 |
| KAREN COSSEY | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| DIANE HEAD | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| RICKY LYONS | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| OLEATHA HARRIS | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| ROBBY HOLLINGSWORTH | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ROBBY ROBERSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| THOMAS DEMPS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| TOMMY LANGFORD | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| FRANKLIN WHITE | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JAMIE STOREY | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| RICK DAVIS | BOARD MEMBER, AS OF 3/2025 Trustee or director | 5 | $0 | $0 |
| HEATHER MOSLEY | BOARD MEMBER, AS OF 9/2025 Trustee or director | 5 | $0 | $0 |
| JANICE JOHNSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
15 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JACK FLOWERS | BOARD MEMBER Trustee or director | 5 | $0 |
| ADRIENNE SOUTHALL | BOARD MEMBER Trustee or director | 5 | $0 |
| BARBARA DANIELS | BOARD MEMBER Trustee or director | 5 | $0 |
| RENEE DEMPS | BOARD MEMBER Trustee or director | 5 | $0 |
| CHRISTY KEEN | BOARD MEMBER Trustee or director | 5 | $0 |
| BARBARA JO HEWITT | BOARD MEMBER Trustee or director | 5 | $0 |
| ELOUISE GREEN | BOARD MEMBER Trustee or director | 5 | $0 |
| JIMMY WITT | BOARD MEMBER Trustee or director | 5 | $0 |
| ALTON WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 |
| FRANCES WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 |
| WILLIE CROFT | BOARD MEMBER, UNTIL 3/2025 Trustee or director | 5 | $0 |
| BRIAN WILLIAMS | BOARD MEMBER, UNTIL 3/2025 Trustee or director | 5 | $0 |
| KRISTY ANDERSON | BOARD MEMBER, UNTIL 9/2025 Trustee or director | 5 | $0 |
| ANGELIA HOPKINS | BOARD MEMBER, UNTIL 3/2025 Trustee or director | 5 | $0 |
| RICHARD TILLIS | BOARD MEMBER, UNTIL 9/2025 Trustee or director | 5 | $0 |
990 for the year ended September 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW PEARSON | EXECUTIVE DIRECTOR Officer | 40 | $135,538 | $29,413 |
| BARBARA HAMRIC | DIRECTOR OF FINANCE Officer | 40 | $112,649 | $25,266 |
| RICHARD TILLIS | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| KAREN COSSEY | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| RICKY LYONS | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| OLEATHA HARRIS | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| RENEE DEMPS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| BARBARA DANIELS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| BARBARA JO HEWITT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ROBBY HOLLINGSWORTH | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| LARA GILBERT | BOARD MEMBER, UNTIL 6/2024 Trustee or director | 5 | $0 | $0 |
| DIANE HEAD | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| KRISTY ANDERSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| TOMMY LANGFORD | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JAMIE STOREY | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ALTON WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| THOMAS DEMPS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JANICE JOHNSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JIMMY WITT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| FRANCES WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| WILLIE CROFT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ELOUISE GREEN | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ROBBY ROBERSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| BRIAN WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| FRANKLIN WHITE | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ANGELIA HOPKINS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| CHRISTY KEEN | BOARD MEMBER, AS OF 6/2024 Trustee or director | 5 | $0 | $0 |
| JACK FLOWERS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ADRIENNE SOUTHALL | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
990 for the year ended September 30, 2023: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW PEARSON | EXECUTIVE DIRECTOR Officer | 40 | $132,913 | $29,324 |
| BARBARA HAMRIC | DIRECTOR OF FINANCE Officer | 40 | $98,190 | $23,403 |
| RICHARD TILLIS | PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| KAREN COSSEY | VICE PRESIDENT Trustee or director, Officer | 5 | $0 | $0 |
| RICKY LYONS | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| OLEATHA HARRIS | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| RENEE DEMPS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| BARBARA DANIELS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| NORMAN CONTI | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| BARBARA JO HEWITT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ROBBY HOLLINGSWORTH | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| LARA GILBERT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| DIANE HEAD | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| KRISTY ANDERSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| TOMMY LANGFORD | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JAMIE STOREY | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ALTON WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| THOMAS DEMPS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JANICE JOHNSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JIMMY WITT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| FRANCES WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| WILLIE CROFT | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ELOUISE GREEN | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ROBBY ROBERSON | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| BRIAN WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| FRANKLIN WHITE | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ANGELIA HOPKINS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| RONALD WILLIAMS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| JACK FLOWERS | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
| ADRIENNE SOUTHALL | BOARD MEMBER Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 70, LIVE OAK, FL 32064-0070
- Principal officer (990 for 2024)
- MATTHEW PEARSON, PO BOX 70, LIVE OAK, FL 320640070
- Signed the 990
- MATTHEW PEARSON, EXECUTIVE DIRECTOR
- Phone
- (386) 362-4115
- Website
- HTTPS://SRECINC.ORG/
- Return prepared by
- JAMES MOORE & CO PL
Mission
TO FURTHER THE EDUCATIONAL, HOUSING, TRANSPORTATION, ECONOMIC AND SOCIAL DEVELOPMENT OF THE CITIZENS OF FLORIDA PRIMARILY WITHIN THE TEN COUNTIES SERVED BY THE SUWANNEE RIVER ECONOMIC COUNCIL, INC. THESE COUNTIES ARE BRADFORD, COLUMBIA, DIXIE, GILCHRIST, HAMILTON, LAFAYETTE, MADISON, SUWANNEE, TAYLOR AND UNION. THIS INCLUDES:1. ADMINISTERING THE PROGRAMS OF THE FLORIDA DEPARTMENT OF ECONOMIC OPPORTUNITY AND OTHER APPROPRIATE AGENCIES IN THE PRIMARILY AFOREMENTIONED TEN COUNTY AREA.2. WORKING WITH THE THREE SIGNIFICANT GROUPS IN THE COMMUNITY; THAT IS, THE POOR, THE PUBLIC SECTOR AND THE PRIVATE SECTOR, TO SEEK OUT, IDENTIFY AND ELIMINATE THE CAUSE OF POVERTY WITHIN THE COMMUNITY.3. MAKING THE ENTIRE COMMUNITY MORE RESPONSIVE TO THE NEEDS AND INTERESTS OF THE POOR BY MOBILIZING AVAILABLE RESOURCES.4. PLANNING AND DEVELOPING A SYSTEM OF PRIORITIES AMONG PROJECTS, ACTIVITIES AND AREAS AS NEEDED FOR THE MOST EFFECTIVE AND EFFICIENT USES OF RESOURCES.
Program accomplishments
- TRANSPORTATION DISADVANTAGED - TRANSPORT ELDERLY AND DISADVANTAGED TO THE DOCTOR, MEDICAL FACILITIES, MEAL SITES, DRUG STORES AND SHOPPING.Expenses $2,206,571 · revenue $623,037
- LOW-INCOME HOME ENERGY ASSISTANCE PROGRAM - ASSISTANCE WITH UTILITY BILLS AND UTILITY CRISIS RESOLUTION.Expenses $1,736,847
- COMMUNITY CARE FOR THE ELDERLY - CASE MANAGEMENT, COMPANION, EMERGENCY ALERT RESPONSE, HOMEMAKER, HOME DELIVERED MEALS, PERSONAL CARE, RESPITE, SPECIALIZED MEDICAL EQUIPMENT, SERVICES AND SUPPLIES.Expenses $1,399,362
- SPECIAL PROGRAMS FOR THE AGING, STATE HOUSING INITIATIVES PARTNERSHIP, COMMUNITY SERVICES BLOCK GRANT, EMERGENCY HOME ENERGY ASSISTANCE, HOME CARE FOR THE ELDERLY, AND ALZHEIMER'S DISEASE INITIATIVE.Expenses $4,009,668 · revenue $1,655,077
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 59-1101989
- 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
- 1966
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $11,981,688
- Income (IRS master file)
- $10,905,292
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $10,905,292 | $10,764,678 | $11,981,688 | XML |
| 990 | September 2024 | $10,626,660 | $10,559,133 | $12,104,988 | XML |
| 990 | September 2023 | $11,386,248 | $11,082,529 | $11,643,486 | XML |
| 990 | September 2022 | $11,688,250 | $11,200,441 | $11,474,527 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 59-1101989).
Questions about SUWANNEE RIVER ECONOMIC COUNCIL INC
- What is the EIN of SUWANNEE RIVER ECONOMIC COUNCIL INC?
- The employer identification number (EIN) of SUWANNEE RIVER ECONOMIC COUNCIL INC is 59-1101989.
- Is SUWANNEE RIVER ECONOMIC COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to SUWANNEE RIVER ECONOMIC COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUWANNEE RIVER ECONOMIC 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 SUWANNEE RIVER ECONOMIC COUNCIL INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SUWANNEE RIVER ECONOMIC COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SUWANNEE RIVER ECONOMIC COUNCIL INC?
- The 990 for the year ended September 30, 2025 names MATTHEW PEARSON.
- Who are the officers and directors of SUWANNEE RIVER ECONOMIC COUNCIL INC?
- The 990 for the year ended September 30, 2025 lists 30 people; 2 received compensation from the organization, the highest $140,749 (MATTHEW PEARSON, EXECUTIVE DIRECTOR).
- How much revenue does SUWANNEE RIVER ECONOMIC COUNCIL INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $10,905,292, expenses of $10,764,678 and total assets of $11,981,688 at year end.
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