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Nonprofit · EIN 74-2859317

MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · MADISONVILLE, TX 77864

Financials

$49K$38K2022
Revenue Expenses · by fiscal year end
Financials of MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2023990$48,729$37,806$10,923$354,096$687$353,409
Financial details: 990 for the year ended September 30, 2023

Revenue

Contributions, gifts and grants
$29,000
Program service revenue
$0
Investment income
$714
Net income from sales of inventory
$19,015
Other revenue
$19,015

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$18,768
Professional fundraising fees
$0
Accounting fees
$3,765
Occupancy
$2,833
Depreciation
$1,500

Balance sheet and other

Total assets, start of year
$342,996
Total assets, end of year
$354,096
Total liabilities, end of year
$687
Net assets, end of year
$353,409
Gross unrelated business income
$714
Gross receipts
$54,714
Employees
1
Volunteers
0
Year formed
1997
State of legal domicile
TX

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
DAVE WARDPRESIDENT
Trustee or director, Officer
0$0
CAMILLA VIATORVICE PRESIDENT
Trustee or director, Officer
0$0
JAKE CAINSECRETARY/TREASURER
Trustee or director, Officer
0$0
CLARK OSBORNEMEMBER
Trustee or director
0$0
DAVID POHORELSKYMEMBER
Trustee or director
0$0
KARL RADDEMEMBER
Trustee or director
0$0
BRENDA FORDMEMBER
Trustee or director
0$0
BILL PARTENMEMBER
Trustee or director
0$0
KEITH WESTMEMBER
Trustee or director
0$0
MATT CLARKMEMBER
Trustee or director
0$0
TAMMY HOKEMEMBER
Trustee or director
0$0
GREG MCBEEMEMBER
Trustee or director
0$0
JOHN HARDYMEMBER
Trustee or director
0$0
ALAN ANDRUSMEMBER
Trustee or director
0$0
MINDY CROUCHMEMBER
Trustee or director
0$0
3 more people on this return
NameTitleHours / weekCompensation
KOLBY WELLSMEMBER
Trustee or director
0$0
FABRICE KABONAMEMBER
Trustee or director
0$0
JOEL HARDYMEMBER
Trustee or director
0$0

Address and contacts

Address (IRS master file)
PO BOX 1392, MADISONVILLE, TX 77864-1392
In care of
% DAVE WARD
Mailing address (990-N for 2024)
PO BOX 1392, MADISONVILLE TX 77864
Principal officer (990 for 2022)
DAVE WARD, 113 W TRINITY, MADISONVILLE, TX 77864
Principal officer (990-N for 2024)
DAVE WARD, 113 W TRINITY, MADISONVILLE TX 77864
Signed the 990
DAVE WARD, PRESIDENT
Phone
(936) 349-0163
Return prepared by
GLYNA & RAY BROWN PC

Mission

NONE

990 for the year ended September 30, 2023

Program accomplishments

  • N/A - THE ORGANIZATION WAS ESTABLISHED BY LOCAL GOVERNMENTAL ENTITIES TO PROVIDE ECONOMIC DEVELOPMENT TO THE COMMUNITY.

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-N on file
2023September 30, 2024February 17, 2025990-N on file

IRS record

EIN
74-2859317
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1999
Accounting year ends
September
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: DAVE WARD
September 30, 2025≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: DAVE WARD
September 30, 2024≤ $50,000 receipts––e-Postcard
990September 2023$48,729$37,806$354,096XML
990September 2022–––IRS
990September 2021–––IRS
990-N for 2019
Officer: MATT NEWTON
September 30, 2020≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: MATT NEWTON
September 30, 2019≤ $50,000 receipts––e-Postcard

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 74-2859317).

Questions about MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION is 74-2859317.
Is MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1999.
Are donations to MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended September 30, 2025.
Who is the principal officer of MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2023 names DAVE WARD.
Who are the officers and directors of MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended September 30, 2023 lists 18 people; 0 received compensation from the organization.
How much revenue does MADISON COUNTY ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended September 30, 2023 it reported revenue of $48,729, expenses of $37,806 and total assets of $354,096 at year end.

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