Nonprofit · EIN 63-1106456
MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
Tax-exempt · GUNTERSVILLE, AL 35976
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $432,122 | $388,839 | $43,283 | $407,338 | $1,727 | $405,611 |
| December 31, 2024 | 990 | $487,936 | $420,868 | $67,068 | $364,342 | $2,014 | $362,328 |
| December 31, 2023 | 990 | $431,641 | $413,741 | $17,900 | $297,165 | $1,905 | $295,260 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $427,724
- Program service revenue
- $0
- Investment income
- $3,998
- Other revenue
- $400
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $172,895
- Other salaries and wages
- $55,628
- Salaries, compensation and benefits (total)
- $264,161
- Professional fundraising fees
- $0
- Legal fees
- $650
- Accounting fees
- $9,916
- Occupancy
- $37,263
- Program services (functional)
- $388,839
Balance sheet and other
- Total assets, start of year
- $364,342
- Total assets, end of year
- $407,338
- Total liabilities, end of year
- $1,727
- Net assets, end of year
- $405,611
- Net assets without donor restrictions
- $405,611
- Gross receipts
- $432,122
- Employees
- 4
- Year formed
- 1995
- State of legal domicile
- AL
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 |
|---|---|---|---|
| Matthew Arnold | Former Exec Dir | 40 | $100,403 |
| Joe Whitmore | Chairman Trustee or director | 0 | $0 |
| Scott Bobo | Board Member Trustee or director | 0 | $0 |
| Jason Simpson | Board Member Trustee or director | 0 | $0 |
| Blake Farmer | Board Member Trustee or director | 0 | $0 |
| Sunny Vasudeva | Board Member Trustee or director | 0 | $0 |
| Jennifer Amos | Board Member Trustee or director | 0 | $0 |
| Shane Wilks | Board Member Trustee or director | 0 | $0 |
| James Cameron | Board Member Trustee or director | 0 | $0 |
| Stacy White | Board Member Trustee or director | 0 | $0 |
| Lance Joyner | Board Member Trustee or director | 0 | $0 |
| Melissa Cook | Board Member Trustee or director | 0 | $0 |
| Jeff Weathers | Board Member Trustee or director | 0 | $0 |
| Joe Williams | Board Member Trustee or director | 0 | $0 |
| Kota Kiriyama | Board Member Trustee or director | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jonathan Bopp | Board Member Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Arnold | Executive Director | 40 | $114,587 |
| Zach Lee | Chairperson Trustee or director, Officer | 0 | $0 |
| Mark Dummer | Past Chairman Trustee or director, Officer | 0 | $0 |
| Randy Ferguson | Past Chairman Trustee or director, Officer | 0 | $0 |
| Nathan Patterson | Board Member Trustee or director | 0 | $0 |
| Jonathan Bopp | Board Member Trustee or director | 0 | $0 |
| Shane Wilks | Board Member Trustee or director | 0 | $0 |
| James Cameron | Board Member Trustee or director | 0 | $0 |
| Stacy White | Board Member Trustee or director | 0 | $0 |
| Will Penton | Board Member Trustee or director | 0 | $0 |
| Dr Joe Whitmore | Board Member Trustee or director | 0 | $0 |
| Jeff Weathers | Board Member Trustee or director | 0 | $0 |
| Joe Williams | Board Member Trustee or director | 0 | $0 |
| Kota Kiriyama | Board Member Trustee or director | 0 | $0 |
| Bert Bray | Board Member Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Matthew Arnold | Executive Director | 40 | $109,401 |
| Zach Lee | Chairperson Trustee or director, Officer | 0 | $0 |
| Mark Dummer | Past Chairman Trustee or director, Officer | 0 | $0 |
| Randy Ferguson | Past Chairman Trustee or director, Officer | 0 | $0 |
| Nathan Patterson | Board Member Trustee or director | 0 | $0 |
| Jonathan Bopp | Board Member Trustee or director | 0 | $0 |
| Shane Wilks | Board Member Trustee or director | 0 | $0 |
| James Cameron | Board Member Trustee or director | 0 | $0 |
| Stacy White | Board Member Trustee or director | 0 | $0 |
| Will Penton | Board Member Trustee or director | 0 | $0 |
| Dr Joe Whitmore | Board Member Trustee or director | 0 | $0 |
| Jeff Weathers | Board Member Trustee or director | 0 | $0 |
| Joe Williams | Board Member Trustee or director | 0 | $0 |
| Kota Kiriyama | Board Member Trustee or director | 0 | $0 |
| Bert Bray | Board Member Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 2208 RINGOLD PLAZA SUITE 1A, GUNTERSVILLE, AL 35976-1571
- Principal officer (990 for 2025)
- Joe Whitmore, 524 Gunter Ave, Guntersville, AL 35976
- Signed the 990
- April Haramija, Office Manager
- Phone
- (256) 582-5100
- Website
- Marshallteam.org
- Return prepared by
- Gateway Group LLC
Mission
Promote economic development in Marshall County
Program accomplishments
- Promoted economic development in Marshall CountyExpenses $388,839
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
- 63-1106456
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $407,338
- Income (IRS master file)
- $432,122
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $432,122 | $388,839 | $407,338 | XML |
| 990 | December 2024 | $487,936 | $420,868 | $364,342 | XML |
| 990 | December 2023 | $431,641 | $413,741 | $297,165 | XML |
| 990 | December 2022 | $438,284 | $413,303 | $281,096 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 63-1106456).
Questions about MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC
- What is the EIN of MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC?
- The employer identification number (EIN) of MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC is 63-1106456.
- Is MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MARSHALL COUNTY 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 MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC 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 MARSHALL COUNTY 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 2025.
- Who is the principal officer of MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2025 names Joe Whitmore.
- Who are the officers and directors of MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC?
- The 990 for the year ended December 31, 2025 lists 16 people; 1 received compensation from the organization, the highest $100,403 (Matthew Arnold, Former Exec Dir).
- How much revenue does MARSHALL COUNTY ECONOMIC DEVELOPMENT COUNCIL INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $432,122, expenses of $388,839 and total assets of $407,338 at year end.
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