Skip to main content

Nonprofit · EIN 80-0633627

INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC

Tax-exempt · BATESVILLE, AR 72501

Financials

$35K$02023$52K$02024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$51,555$0$51,555$2,219,079$0$2,219,079
December 31, 2023990$34,865$0$34,865$2,167,524$0$2,167,524
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Net rental income
$51,555
Other revenue
$51,555

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$2,167,524
Total assets, end of year
$2,219,079
Total liabilities, end of year
$0
Net assets, end of year
$2,219,079
Land, buildings and equipment
$1,637,311
Net assets without donor restrictions
$2,219,079
Gross receipts
$114,668
Employees
0
Volunteers
10
Year formed
2009
State of legal domicile
AR

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
TIM STEWARTSecretary
Trustee or director, Officer
1$0
ZACH HARBERPresident
Trustee or director, Officer
1$0
BRENT HENDERSONDirector
Trustee or director
1$0
BRAD COVINGTONDirector
Trustee or director
1$0
TAMMY PEARCEDirector
Trustee or director
1$0
ERIC MOHLKEDirector
Trustee or director
1$0
JASON JONESDirector
Trustee or director
1$0
KENNY HURLEYDirector
Trustee or director
1$0
JOHNATHAN ABBOTDirector
Trustee or director
1$0
CHARLES JORDANDirector
Trustee or director
1$0
DENNIS STEPHENSDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
TIM STEWARTSecretary
Trustee or director, Officer
1$0
ZACH HARBERPresident
Trustee or director, Officer
1$0
BRENT HENDERSONDirector
Trustee or director
1$0
BRAD COVINGTONDirector
Trustee or director
1$0
TAMMY PEARCEDirector
Trustee or director
1$0
ERIC MOHLKEDirector
Trustee or director
1$0
JASON JONESDirector
Trustee or director
1$0
KENNY HURLEYDirector
Trustee or director
1$0
JOHNATHAN ABBOTDirector
Trustee or director
1$0
CHARLES JORDANDirector
Trustee or director
1$0
DENNIS STEPHENSDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
192 E MAIN ST, BATESVILLE, AR 72501-5508
Signed the 990
BOB TREADWAY, FINANCIAL OFFICER
Phone
(870) 793-8828
Return prepared by
Welch Couch & Company PA

Mission

THE PURPOSES OF THE NONPROFIT CORPORATION SHALL BE TO PROMOTE THE ECONOMIC DEVELOPMENT OF INDEPENDENCE COUNTY, ARKANSAS, TO RECRUIT NEW JOBS AND SEEK TO RETAIN AND ENHANCE EXISTING JOBS IN INDEPENDENCE COUNTY; TO DEVELOP AND MANAGE AN ADEQUATELY FUNDED ECONOMIC DEVELOPMENT PLAN.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PURPOSE OF THE NONPROFIT CORPORATION SHALL BE TO PROMOTE THE ECONOMIC DEVELOPMENT OF INDEPENDENCE COUNTY, ARKANSAS, TO RECRUIT NEW BUSINESS WHICH WILL INTURN CREATE NEW JOBS FOR THE RESIDENTS OF THE COUNTY, AND TO ENHANCE EXISTING OPPORTUNITIES FOR BETTER JOBS THRU DEVELOPMENT AND MANAGEMENT OF A COMPREHENSIVE AND ADEQUATELY FUNDED ECONOMIC DEVELOPMENT PLAN.

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
80-0633627
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
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,219,079
Income (IRS master file)
$114,668

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$51,555$0$2,219,079XML
990December 2023$34,865$0$2,167,524XML
990December 2022$59,620$0$2,132,659IRS
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 80-0633627).

Questions about INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC

What is the EIN of INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC?
The employer identification number (EIN) of INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC is 80-0633627.
Is INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT 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 INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT 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 INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does INDEPENDENCE COUNTY ECONOMIC DEVELOPMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $51,555, expenses of $0 and total assets of $2,219,079 at year end.

Other nonprofits in BATESVILLE

All nonprofits in BATESVILLE · Arkansas · Community improvement and capacity building