Form990


Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
right arrow Do not enter social security numbers on this form as it may be made public.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
A For the 2022 calendar year, or tax year beginning 05-01-2022 , and ending 04-30-2023
BCheck if applicable:
CName of organization
Terre Haute Area Economic Development
Corporation
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
900 Wabash Avenue 200
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Terre Haute, IN47807
D Employer identification number

35-1529347
E Telephone number

(812) 234-2524
G Gross receipts $ 822,194
F Name and address of principal officer:
Steve Witt
900 Wabash Avenue 200
Terre Haute,IN47807
I
Tax-exempt status: ( 4 ) LeftBullet (insert no.) or
J
Website:right arrow
www.terrehauteedc.com
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. See instructions.
H(c)
Group exemption number right arrow  
K Form of organization:  
L Year of formation: 1965
M State of legal domicile: IN
Part I
Summary
Activities  & Governance 1 Briefly describe the organization’s mission or most significant activities: To promote business growth and attract new business and industry to Terre Haute and Vigo County, Indiana.
2 Check this box right arrow
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 65
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 63
5 Total number of individuals employed in calendar year 2022 (Part V, line 2a) ...... 5 5
6 Total number of volunteers (estimate if necessary) ............. 6 0
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 0
b Net unrelated business taxable income from Form 990-T, Part I, line 11 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 493,220 508,980
9 Program service revenue (Part VIII, line 2g) ......... 307,692 305,973
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 1,620 7,241
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 0 0
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 802,532 822,194
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 0 0
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 547,948 640,650
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) right arrow0    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 153,678 178,299
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 701,626 818,949
19 Revenue less expenses. Subtract line 18 from line 12....... 100,906 3,245
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 870,206 897,489
21 Total liabilities (Part X, line 26)............. 116,533 140,571
22 Net assets or fund balances. Subtract line 21 from line 20..... 753,673 756,918
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet 2023-09-13
Signature of officer Date
JumboBullet Steve WittPresident
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
 
PTIN
P00426686
Firm's name right arrow
SACKRIDER & COMPANY INC
 
Firm's EIN right arrow35-1327464
Firm's address right arrow
1925 Wabash Ave
 
Terre Haute, IN47807
Phone no. (812) 232-9492
May the IRS discuss this return with the preparer shown above? See Instructions. ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2022)
Page 2
Form 990 (2022)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: To promote business growth and attract new business and industry to Terre Haute and Vigo County, Indiana.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 737,054 including grants of $   ) (Revenue $   )
Overview of the Accomplishments of the Terre Haute Economic Development CorporationBelow are Highlights of the Terre Haute Economic Development Corporation's Activities for the 2022-2023 Fiscal Year*****Saturn Petcare Set To Expand Vigo County Industrial Park II FacilitySaturn Petcare, Inc., a wholly-owned subsidiary of the Heristo Group of Bremen, German, has announced expansion plans at its Vigo County facility, not long after commencing production in April, 2021.Saturn Petcare is the largest private-label, wet pet food producer in Europe. Saturn's Vigo Count facility is the Heristo Group's first U.S. manufacturing plant. Since Saturn's products are strictly private-label (one will not find Saturn-branded products in U.S. retail establishments as the product carries the brand name of Saturn's various customers), the company's product in its distinctive hexagon-shaped tin can be found be in major retail establishments throughout the United States.As part of the upcoming expansion, Saturn plans to double its production capacity, through the installation of new manufacturing equipment at a cost of $42 million. Also, Saturn plans to expand its building foot print a bit via the installation of an $8 million freezer warehouse.At present, Saturn is over a year ahead of schedule in regard to its employment goals as the company employed about 200 associates at its Vigo County facility in Q3, 2022. The company did not expect to meet the 200 employee threshold until 2024. The proposed new expansion will add 50 new full-time jobs to the company's payroll.Without question, Saturn's growth not only reflects the company's outstanding products, but also the ever-growing global pet food market as well. According to Fortune Business Insights, the global pet food market was valued at $110.53 billion in 2021. By 2029, the global market is expected to expand to $163.70 billion by 2029 a whopping 48% increase in only eight years! The Terre Haute Economic Development Corporation first commenced work with Saturn Petcare upon meeting company officials in the offices of a major Atlanta, Georgia law firm in 2015. Since then, the THEDC has worked diligently with Saturn Petcare - through the acquisition and initial start-up of its manufacturing facility as well as with this most recent expansion project. It has been a joy to work with Saturn representatives.Additional information on Saturn Petcare in the U.S. can be found at www.saturnpetcare.us. Saturn's parent company, Heristo Aktiengesellschaft, maintains an informative website as well at www.heristo.de. Steel Dynamics' Major Expansion Project Nears CompletionSteel Dynamics Incorporated's (SDI's) $231 million, 400,000 square foot expansion of its existing Vigo County Industrial Park I facility is nearing completion.As a bit of background, the Steel Dynamics facility in the Vigo County Industrial Park I (VCIP I) can be considered the cornerstone of the VCIP I. SDI's facility in the park commenced life on June 23, 1998 (the date of groundbreaking) as Heartland Steel, a start-up steel processing facility. But for Heartland Steel coming to the VCIP I, much of the industrial park's robust infrastructure would never have been built (or, at least, not constructed nearly as quickly as it was). We often hear about "fast-track" construction projects. Here was Heartland Steel's fast-track 14 months from the first shovel going into the ground until the first processed coil of steel came out the door of the massive 800,000 square foot facility. It was also during this 14-month time period that several major infrastructure projects - necessary to serve the new facility - were completed by Vigo County, the City of Terre Haute and our utility partners. These infrastructure improvements, literally, helped pave the way for the companies who followed Heartland Steel to the Vigo County Industrial Park I.Fast-forwarding to June, 2018, the facility was acquired by Steel Dynamics, Inc. of Fort Wayne, Indiana for $400 million in cash. To this day, Heartland Steel's various, original hot-band coil steel processes pickling, cold rolling, galvanizing, annealing and slitting remain in place. As tribute to the original Heartland Steel, the Vigo County Industrial Park facility is officially known within the Steel Dynamics family as "Steel Dynamics Flat Roll Group Heartland Division".The Summer of 2021 brought the news that Steel Dynamics was planning a nearly 400,000 square foot building addition that would entail a second galvanizing line along with a new paint line. (As well as a variety of ancillary equipment such as cranes, rail improvements, steel coil handling equipment and so forth.) At that time, the total cost of the building addition was estimated at $34.65 million with new equipment estimated at $196.35 million.In regard to employment, the new project is expected to add 84 new jobs with a total annual payroll (excluding benefits) of $6.7 million while retaining a total of 226 employees with a total annual payroll of $21.6 million (also excluding benefits).It has been the privilege of a life time to have been associated with the entire SDI Heartland project. This writer's work with the original project/facility dates back to 1993, when the project was first envisioned by Heartland Steel founder, Harold Coker. The Terre Haute Economic Development Corporation's work extends to the present day, partly as result of our great working relationship with COO Robert Bohrer and his SDI Heartland team.Additional information on Steel Dynamics Heartland Division can be found atwww.steelynamics.com/Heartland/Home.aspx. Corporate information regarding Steel Dynamics can be found at www.steeldynamics.com. United Steel Supply Acquires Garmong Development Building for New Steel Service CenterUnited Steel Supply (USS), an Austin, Texas-based subsidiary of Steel Dynamics, Inc., recently acquired the 10645 Garmong Development building in the Vigo County Industrial Park I for a new steel service center.According to the USS website, "United Steel Supply, LLC is a leading distributor and processor of steel products dedicated to the metal roofing and metal building industry in the United States. The company warehouses and processes both bare (acrylic-coated) and prepainted Galvalume and other steel products for customers engaged in roll-forming and other steel residential and building-related applications. Our focus is providing the utmost in service and responsiveness to our customers so you can optimize your production and cost relative to the competition."The company's products include Galvalume, galvanized and prepainted steel coils for metal roofing and siding applications within the agricultural, commercial, industrial and residential markets. Also, the company supplies product both domestically and for export.United Steel Supply's multi-million dollar investment in its new Terre Haute/Vigo County facility will create about 20 new jobs. Equally as important, the facility will be providing value-added processes and services regarding coil steel-derived products produced, in part, at our nearby Steel Dynamics manufacturing facility.In addition to its Austin, TX headquarters, United Steel Supply has processing and distribution facilities in Jeffersonville, IN; Eugene, OR; Pleasanton, TX and Jackson, MS.Terre Haute Economic Development Corporation and Garmong Development representatives first commenced discussions with United Steel Supply CEO Brett Curtis in March, 2021. Additional information on United Steel Supply can be found at www.unitedsteelsupply.com.MPO, Stakeholders and Public Set To Update Metropolitan Transportation PlanThe Terre Haute Metropolitan Planning Organization (MPO) serves the West Central Indiana Metropolitan Planning Area (MPA) that includes the cities of Terre Haute and Brazil; the Towns of Staunton, Harmony, Knightsville, Seelyville, Riley and West Terre Haute and both the urbanized and rural portions of Vigo County and Clay County (north of W. County Road 300 North in Clay County). Metropolitan Planning Area boundaries are typically adjusted after each decennial census based on the urbanized area boundaries drawn by the U.S. Census Bureau. The preparation and maintenance of a Metropolitan Transportation Plan (MTP) is one of the core functions of any MPO. Metropolitan Planning Organizations are charged with the development of a long-range transportation plan for the metropolitan area covering a planning horizon of at least twenty years. The MTP is designed to foster (1.) mobility and access for people and goods; (2.) efficient system performance and (3.) a positive quality of life for the citizens of the MPA.
4b (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4c (Code:   ) (Expenses $   including grants of $   ) (Revenue $   )
4d Other program services (Describe in Schedule O.)
(Expenses $   including grants of $   ) (Revenue $   )
4e Total program service expensesright arrow737,054
Form 990 (2022)
Page 3
Form 990 (2022)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule A.....................
1
 
No
2
Is the organization required to complete Schedule B, Schedule of Contributors? See instructions. ...
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment
List of Attached Documents:
// Content
.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II.........
4
 
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Rev. Proc. 98-19? If "Yes," complete Schedule C, Part IIIClick to see attachment
List of Attached Documents:
// Content
..
5
Yes
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment
List of Attached Documents:
// Content
.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment
List of Attached Documents:
// Content
....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D,
Part IIIClick to see attachment
List of Attached Documents:
// Content
..............
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment
List of Attached Documents:
// Content
..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part V......
10
 
No
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X, as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D,
Part VI. Click to see attachment
List of Attached Documents:
// Content
...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment
List of Attached Documents:
// Content
.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment
List of Attached Documents:
// Content
.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment
List of Attached Documents:
// Content
............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11e
 
No
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
List of Attached Documents:
// Content
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII
Click to see attachment
List of Attached Documents:
// Content
......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
List of Attached Documents:
// Content
12b
 
No
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E
13
 
No
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........
14b
 
No
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I. See instructions. ....
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....
21
 
No
Form 990 (2022)
Page 4
Form 990 (2022)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........
22
 
No
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
List of Attached Documents:
// Content
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............
24a
 
No
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
 
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
 
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see the Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....
28b
 
No
c
A 35% controlled entity of one or more individuals and/or organizations described in line 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..
29
 
No
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................
34
 
No
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...
35b
 
No
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations on Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in box 3 of Form 1096. Enter -0- if not applicable ..
1a
0
b
Enter the number of Forms W-2G included on line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
 
 
Form 990 (2022)
Page 5
Form 990 (2022)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
5
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
 
No
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
 
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
 
No
b
If "Yes," enter the name of the foreign country: right arrow
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
 
No
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
 
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
 
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
 
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources. (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see the instructions and file Form 4720, Schedule N.
15
 
No
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
17
Section 501(c)(21) organizations. Did the trust, or any disqualified or other person engage in any activities that would result in the imposition of an excise tax under section 4951, 4952, or 4953? ..
If "Yes," complete Form 6069.
17
 
 
Form 990 (2022)
Page 6
Form 990 (2022)
Page 6
Part VI
Governance, Management, and Disclosure. For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
65
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
63
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
 
No
b
Describe on Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
 
No
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
 
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe on Schedule O how this was done...................
12c
 
 
13
Did the organization have a written whistleblower policy? ...............
13
 
No
14
Did the organization have a written document retention and destruction policy? .........
14
 
No
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process on Schedule O. See instructions.
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
 
No
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
 
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedright arrow
IN
18
Section 6104 requires an organization to make its Form 1023 (1024 or 1024-A, if applicable), 990, and 990-T (section 501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
right arrowSackrider & Company Inc1925 Wabash Avenue   Terre Haute,IN47807 (812) 232-9492
Form 990 (2022)
Page 7
Form 990 (2022)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See the instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (box 5 of Form W-2, box 6 of Form 1099-MISC, and/or box 1 of Form 1099-NEC) of more than $100,000 from the organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See the instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Claudia Tanoos......................................................................
Vice President
40.00
.................
 
X   X       80,332 0 55,392
(2) Steve Witt......................................................................
President
40.00
.................
 
X   X       168,440 0 72,656
(3) Mr Jeff Hogue......................................................................
Member
1.00
.................
 
X           0 0 0
(4) Mr Daniel Egge......................................................................
Member
1.00
.................
 
X           0 0 0
(5) Mr David Hannum......................................................................
Member
1.00
.................
 
X           0 0 0
(6) Mrs Jennifer Isbell Scott......................................................................
Member
1.00
.................
 
X           0 0 0
(7) Mayor Duke Bennett......................................................................
Member
1.00
.................
 
X           0 0 0
(8) Mr Dave Pluckebaum......................................................................
Member
1.00
.................
 
X           0 0 0
(9) Mr Fred P'Pool......................................................................
Member
1.00
.................
 
X           0 0 0
(10) Mr Tim Dora......................................................................
Member
1.00
.................
 
X           0 0 0
(11) Mr Brian Dorsett......................................................................
Member
1.00
.................
 
X           0 0 0
(12) Mr Rick Burger......................................................................
Member
1.00
.................
 
X           0 0 0
(13) Mr Brian Harris......................................................................
Member
1.00
.................
 
X           0 0 0
(14) Ms Casey Schroeppel......................................................................
Member
1.00
.................
 
X           0 0 0
(15) Mr Pat Carney......................................................................
Member
1.00
.................
 
X           0 0 0
(16) Mr Steve Danielson......................................................................
Member
1.00
.................
 
X           0 0 0
(17) Mr Jamie Amodeo......................................................................
Member
1.00
.................
 
X           0 0 0
Form 990 (2022)
Page 8
Form 990 (2022)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title
(B)
Average hours per week (list any hours for related organizations below dotted line)
(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee)
(D)
Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)
(E)
Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)
(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Mr Norm Lowery........................................................................
Member
1.00
.......................  
X           0 0 0
(19) Mr Mark Unger........................................................................
Chairman Elect
1.00
.......................  
X   X       0 0 0
(20) Mr Mark Fuson........................................................................
Member
1.00
.......................  
X           0 0 0
(21) Mr Lance Gassert........................................................................
Member
1.00
.......................  
X           0 0 0
(22) Mr David Templeton........................................................................
Member
1.00
.......................  
X           0 0 0
(23) Mr Matthew Johnson........................................................................
Member
1.00
.......................  
X           0 0 0
(24) Mr Michael Goda........................................................................
Member
1.00
.......................  
X           0 0 0
(25) Mr Melvin Burks........................................................................
Member
1.00
.......................  
X           0 0 0
(26) Mr Larry Yargus........................................................................
Member
1.00
.......................  
X           0 0 0
(27) Mr Andy Hendricks........................................................................
Member
1.00
.......................  
X           0 0 0
(28) Mr Luke Terry........................................................................
Chairman
1.00
.......................  
X   X       0 0 0
(29) Mr Charles Thurston........................................................................
Member
1.00
.......................  
X           0 0 0
(30) Mr David Baker........................................................................
Secretary/Treasurer
1.00
.......................  
X   X       0 0 0
(31) Dr Deborah Curtis........................................................................
Member
1.00
.......................  
X           0 0 0
(32) Dr Lea Anne Crooks........................................................................
Member
1.00
.......................  
X           0 0 0
(33) Mr Josh Zuerner........................................................................
Member
1.00
.......................  
X           0 0 0
(34) Mr Terry Mace........................................................................
Member
1.00
.......................  
X           0 0 0
(35) Mr Daniel Conley........................................................................
Member
1.00
.......................  
X           0 0 0
(36) Mr Dan Gmelich........................................................................
Member
1.00
.......................  
X           0 0 0
(37) Mr Jim Nichols........................................................................
Member
1.00
.......................  
X           0 0 0
(38) Mr Kenny DePasse........................................................................
Member
1.00
.......................  
X           0 0 0
(39) Mr Greg Gibson........................................................................
Vice Chairman
1.00
.......................  
X   X       0 0 0
(40) Mr Grant Bradley........................................................................
Member
1.00
.......................  
X           0 0 0
(41) Mr Robert Coons........................................................................
Member
1.00
.......................  
X           0 0 0
(42) Mr Earl Elliott........................................................................
Member
1.00
.......................  
X           0 0 0
(43) Mr Brennan Randolph........................................................................
Member
1.00
.......................  
X           0 0 0
(44) Mr Andy Volkl........................................................................
Member
1.00
.......................  
X           0 0 0
(45) Mr Tom Denny........................................................................
Member
1.00
.......................  
X           0 0 0
(46) Dr Jihad Douglas........................................................................
Member
1.00
.......................  
X           0 0 0
(47) Mr Chad Bolin........................................................................
Member
1.00
.......................  
X           0 0 0
(48) Ms Heather Strohm........................................................................
Member
1.00
.......................  
X           0 0 0
(49) Mr Roberto Bohrer........................................................................
Member
1.00
.......................  
X           0 0 0
(50) Mr Tyler Dinkel........................................................................
Member
1.00
.......................  
X           0 0 0
(51) Mr Lee Matheson........................................................................
Member
1.00
.......................  
X           0 0 0
(52) Mrs Fredia Haviland........................................................................
Member
1.00
.......................  
X           0 0 0
(53) Mr Jay Rogers........................................................................
Member
1.00
.......................  
X           0 0 0
(54) Mr Neil Garrison........................................................................
Member
1.00
.......................  
X           0 0 0
(55) Mr Max Watson........................................................................
Member
1.00
.......................  
X           0 0 0
(56) Mr Mark Casanova........................................................................
Member
1.00
.......................  
X           0 0 0
(57) Mr Bart Colwell........................................................................
Immediate Past Chair
1.00
.......................  
X   X       0 0 0
(58) Mr Paul Thrift........................................................................
Member
1.00
.......................  
X           0 0 0
(59) Mr Scott Jaeger........................................................................
Member
1.00
.......................  
X           0 0 0
(60) Mr Luciano Farias........................................................................
Member
1.00
.......................  
X           0 0 0
(61) Mr Steven Holman........................................................................
Member
1.00
.......................  
X           0 0 0
(62) Commissioner Mark Clinkenbeard........................................................................
Member
1.00
.......................  
X           0 0 0
(63) Commissioner Mike Morris........................................................................
Member
1.00
.......................  
X           0 0 0
(64) Commissioner Chris Switzer........................................................................
Member
1.00
.......................  
X           0 0 0
(65) Dr Chris Himsel........................................................................
Member
1.00
.......................  
X           0 0 0
(66) Mrs Lisa Lee........................................................................
Member
1.00
.......................  
X           0 0 0
(67) Ms Leslie Beard........................................................................
Member
1.00
.......................  
X           0 0 0
1b Sub-Total..............right arrow
c Total from continuation sheets to Part VII, Section A..right arrow
d Total (add lines 1b and 1c).........right arrow 248,772 0 128,048
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization right arrow1
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
 
No
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual
...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address
(B)
Description of services
(C)
Compensation
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization right arrow0
Form 990 (2022)
Page 9
Form 990 (2022)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue
(B)
Related or
exempt
function
revenue
(C)
Unrelated
business
revenue
(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, Grants, and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b 215,000
c Fundraising events..1c  
d Related organizations1d  
e Government grants (contributions)1e 293,980
f All other contributions, gifts, grants, and similar amounts not included above1f  
g Noncash contributions included in lines 1a - 1f:$ 1g  
h Total. Add lines 1a-1f.......right arrow 508,980
 Program Service RevenueAmt Business Code
2a Marketing Services 541900 250,000 250,000    
b Management Services 541610 55,973 55,973    
c
d
e
f All other program service revenue.        
g Total. Add lines 2a–2f .....right arrow 305,973
 OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......right arrow 7,241     7,241
4 Income from investment of tax-exempt bond proceedsright arrow        
5 Royalties...........right arrow        
(ii) Personal (i) Real
6a Gross rents     6a
b Less: rental expenses     6b
c Rental income or (loss)     6c
d Net rental income or (loss).......right arrow        
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory     7a
b Less: cost or other basis and sales expenses     7b
c Gain or (loss)     7c
d Net gain or (loss).........right arrow        
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..right arrow      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..right arrow        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..right arrow        
 OtherRevenueMiscAmt
Business Code
11a            
b            
c            
d All other revenue ....        
e Total. Add lines 11a–11d ...... right arrow  
12 Total revenue. See instructions .... right arrow 822,194 305,973 0 7,241
Form 990 (2022)
Page 10
Form 990 (2022)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII.
(A)
Total expenses
(B)
Program service expenses
(C)
Management and general expenses
(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....    
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ...........    
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............    
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 376,820 339,138 37,682  
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........        
7 Other salaries and wages........ 180,209 162,188 18,021  
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 15,272 13,745 1,527  
9 Other employee benefits ....... 35,816 32,234 3,582  
10 Payroll taxes ........... 32,533 29,280 3,253  
11 Fees for services (non-employees):        
a Management ......        
b Legal .........        
c Accounting ........... 17,360 15,624 1,736  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17    
f Investment management fees ......        
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)        
12 Advertising and promotion ....        
13 Office expenses ....... 11,540 10,386 1,154  
14 Information technology ...... 4,040 3,636 404  
15 Royalties ..        
16 Occupancy ........... 85,321 76,789 8,532  
17 Travel ............        
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 11,507 10,356 1,151  
20 Interest ...........        
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 3,534 3,181 353  
23 Insurance ...        
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Dues & Fees 22,073 19,866 2,207  
b Marketing General 20,369 18,332 2,037  
c Auto 1,387 1,248 139  
d Postage 812 731 81  
e All other expenses 356 320 36  
25 Total functional expenses. Add lines 1 through 24e 818,949 737,054 81,895 0
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here right arrow if following SOP 98-2 (ASC 958-720).        
Form 990 (2022)
Page 11
Form 990 (2022)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year
(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 220,274 1 215,265
2 Savings and temporary cash investments ......... 454,177 2 216,653
3 Pledges and grants receivable, net ......   3  
4 Accounts receivable, net ............. 186,095 4 162,069
5 Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
  5  
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
  6  
7 Notes and loans receivable, net ...........   7  
8 Inventories for sale or use ............   8  
9 Prepaid expenses and deferred charges ......   9  
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 158,533
b Less: accumulated depreciation 10b 152,191 9,660 10c 6,342
11 Investments—publicly traded securities .   11  
12 Investments—other securities. See Part IV, line 11 .....   12 297,160
13 Investments—program-related. See Part IV, line 11 ..   13  
14 Intangible assets ...............   14  
15 Other assets. See Part IV, line 11 ...........   15  
16 Total assets. Add lines 1 through 15 (must equal line 33)... 870,206 16 897,489
Liabilities 17 Accounts payable and accrued expenses ..... 6,533 17 5,571
18 Grants payable ...   18  
19 Deferred revenue ......... 110,000 19 135,000
20 Tax-exempt bond liabilities .........   20  
21 Escrow or custodial account liability. Complete Part IV of Schedule D   21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
  22  
23 Secured mortgages and notes payable to unrelated third parties ..   23  
24 Unsecured notes and loans payable to unrelated third parties ..   24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D   25  
26 Total liabilities. Add lines 17 through 25.. 116,533 26 140,571
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here right arrow and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 753,673 27 756,918
28 Net assets with donor restrictions ...........   28  
Organizations that do not follow FASB ASC 958, check here right arrow and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds .....   29  
30 Paid-in or capital surplus, or land, building or equipment fund ...   30  
31 Retained earnings, endowment, accumulated income, or other funds   31  
32 Total net assets or fund balances ........... 753,673 32 756,918
33 Total liabilities and net assets/fund balances ........ 870,206 33 897,489
Form 990 (2022)
Page 12
Form 990 (2022)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
822,194
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
818,949
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
3,245
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
753,673
5
Net unrealized gains (losses) on investments ...............
5
 
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
0
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
756,918
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain on
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
 
No
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Uniform Guidance, 2 C.F.R. Part 200, Subpart F?
3a
 
No
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
 
 
Form 990 (2022)
Form 990 (2022)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description