TUSCARAWAS COUNTY ECONOMIC DEVELOPMENT CORPORATION INC

EIN: 832415277 501(c)(3) Social Science

DOVER, OH

Total Revenue
$385,045
Total Expenses
$402,920
Total Assets
$89,417
Net Assets
$78,132
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
OH
Principal Officer
MARLA AKRIDGE
Phone
3032045210
Tax Period
2023-01-01 to 2023-12-31

TUSCARAWAS COUNTY ECONOMIC DEVELOPMENT CORPORATION INC, founded in 2019, is a small nonprofit in the Social Science sector that reported $385K in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION IS DEDICATED TO STRENGTHENING THE ECONOMY IN TUSCARAWAS COUNTY. THE EDC PROVIDES A WIDE RANGE OF FINANCIAL TOOLS, ECONOMIC DEVELOPMENT RESOURCES, AND INFORMATION TO COMMERCIAL BUSINESSES AND BUILDERS IN THE COUNTY. THE EDC MANAGES THE ECONOMIC DEVELOPMENT & FINANCE ALLIANCE (EDFA) AND COMMUNITY IMPROVEMENT CORPORATION (CIC) OF TUSCARAWAS COUNTY, SERVING AS YOUR ONE POINT OF CONTACT FOR ECONOMIC DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $389,316 Revenue: $342,585

THE ORGANIZATION IS DEDICATED TO STRENGTHENING THE ECONOMY IN TUSCARAWAS COUNTY. THE EDC PROVIDES A WIDE RANGE OF FINANCIAL TOOLS, ECONOMIC DEVELOPMENT RESOURCES, AND INFORMATION TO COMMERCIAL...

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THE ORGANIZATION IS DEDICATED TO STRENGTHENING THE ECONOMY IN TUSCARAWAS COUNTY. THE EDC PROVIDES A WIDE RANGE OF FINANCIAL TOOLS, ECONOMIC DEVELOPMENT RESOURCES, AND INFORMATION TO COMMERCIAL BUSINESSES AND BUILDERS IN THE COUNTY. THE EDC MANAGES THE ECONOMIC DEVELOPMENT & FINANCE ALLIANCE (EDFA) AND COMMUNITY IMPROVEMENT CORPORATION (CIC) OF TUSCARAWAS COUNTY, SERVING AS YOUR ONE POINT OF CONTACT FOR 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 $42,460
Program Service Revenue $342,585
Investment Income $0
Other Revenue $0
TOTAL REVENUE $385,045

Expense Breakdown

Grants Paid $0
Salaries & Benefits $318,329
Fundraising Expenses $0
Program Expenses $389,316
Other Expenses $84,591
TOTAL EXPENSES $402,920

Year-over-Year Comparison

2023 2022 Change
Revenue $385,045 $388,316 0.0%
Expenses $402,920 $418,566 0.0%
Net Income $-17,875 $-30,250 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
20
Employees
4
Volunteers
20

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
6
$278,499
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE HOVAN DIRECTOR 2.00
Officer Director
$0 $0 $0
STEVE STOKEY VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
DOUG PETERMAN SR TREASURER 2.00
Officer Director
$0 $0 $0
SHANE GUNNOE DIRECTOR 1.00
Director
$0 $0 $0
JOEL DAY DIRECTOR 1.00
Director
$0 $0 $0
JIM ZUCAL DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN ZEMIS DIRECTOR 1.00
Director
$0 $0 $0
KERRY METZGER DIRECTOR 1.00
Director
$0 $0 $0
BRADLEY BIELSKI DIRECTOR 1.00
Director
$0 $0 $0
MICHELE SPECHT DIRECTOR 1.00
Director
$0 $0 $0
MARC NOLEN DIRECTOR 1.00
Director
$0 $0 $0
TOM ROGERS DIRECTOR 1.00
Director
$0 $0 $0
RICK KIMBLE DIRECTOR 1.00
Director
$0 $0 $0
LARRY TROYER DIRECTOR 1.00
Director
$0 $0 $0
JAROD LAWVER DIRECTOR 1.00
Director
$0 $0 $0
ROD RAFAEL DIRECTOR 1.00
Director
$0 $0 $0
JON FONDRIEST DIRECTOR 1.00
Director
$0 $0 $0
SARAH ANDREAS CHAIRPERSON 1.00
Director
$0 $0 $0
JINA DUPLAIN DIRECTOR 1.00
Director
$0 $0 $0
MARLA AKRIDGE ACTING SECRETARY / EXECDIR 40.00
Officer
$124,965 $18,829 $143,794
JC SHIVELY BUSINESS DEVELOPMENT DIREC 40.00
Officer
$58,400 $10,825 $69,225
JOHN KELLY BUSINESS DEVELOPMENT DIREC 40.00
Officer
$55,304 $10,176 $65,480
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 $385,045 $402,920 $89,417 $-17,875
2022 $388,316 $418,566 $99,497 $-30,250
2021 $382,540 $394,470 $139,805 $-11,930
2020 $467,581 $370,586 $144,019 $96,995
2019 $380,750 $339,558 $44,299 $41,192
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