GREENE COUNTY ECONOMIC DEVELOPMENT CORP

EIN: 351813282 Community Improvement

BLOOMFIELD, IN

Total Revenue
$176,499
Total Expenses
$175,405
Total Assets
$144,173
Net Assets
$143,693
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IN
Principal Officer
BRYAN MYERS
Tax Period
2023-01-01 to 2023-12-31

GREENE COUNTY ECONOMIC DEVELOPMENT CORP, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $176K in total revenue in fiscal year 2023.

Mission

PROMOTE ECONOMIC DEVELOPMENT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $171,120
Program Service Revenue $0
Investment Income $0
Other Revenue $5,379
TOTAL REVENUE $176,499

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,355
Fundraising Expenses $0
Program Expenses $175,405
Other Expenses $60,050
TOTAL EXPENSES $175,405

Year-over-Year Comparison

2023 2022 Change
Revenue $176,499 $169,849 +0.0%
Expenses $175,405 $169,996 +0.0%
Net Income $1,094 $-147 -8.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
3
Volunteers
11

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
3
$0
Key Employees
1
$76,309
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIANNE JERRELS EXECUTIVE DIRECTOR 50.00
Key Emp
$65,000 $11,309 $76,309
JOSHUA RIGGINS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRYAN MYERS PRESIDENT 2.00
Officer Director
$0 $0 $0
KATIE STOUT TREASURER 5.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $176,499 $175,405 $144,173 $1,094
2022 $169,849 $169,996 $265,655 $-147
2021 $155,758 $168,792 $265,417 $-13,034
2020 $173,519 $176,425 $280,212 $-2,906
2019 $199,916 $166,078 $281,158 $33,838
2018 $173,707 $176,094 $406,555 $-2,387
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