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Boone County Economic Development Corporation

Organization summary

Type of Nonprofit

Designated as a Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Category: Community Improvement, Capacity Building / Economic Development (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$711k (2024)

Expenses
$592k (2024)

Total Assets
$1.16M (2024)

Total Liabilities
$139k (2024)

Source: Form 990 tax filings from 2014 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$710,636
Expenses
$592,179
Net Income
$118,457
Net Assets
$1,018,674
Notable Sources of Revenue Percent of Total Revenue
Contributions $636,390
89.6%
Program Services $44,185
6.2%
Investment Income $18,278
2.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $5,458
0.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,325
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $150,986
25.5%
Professional Fundraising Fees $0
Other Salaries and Wages $189,717
32.0%
Assets/Debt
Total Assets $1,157,297
Total Liabilities $138,623
Net Assets $1,018,674
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Ceo Left In 2024) $109,220 $0 $41,766
C Shane Conner (President) $0 $0 $0
Kelly Braverman (Board Member) $0 $0 $0
Adam Owens (Vice President) $0 $0 $0
Corey Kutz (Treasurer) $0 $0 $0
Rick Isenhower (Board Member) $0 $0 $0
Lisa Galvin (Board Member) $0 $0 $0
Shari Richey (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$612,591
Expenses
$526,020
Net Income
$86,571
Net Assets
$900,217
Notable Sources of Revenue Percent of Total Revenue
Contributions $517,400
84.5%
Program Services $0
Investment Income $16,386
2.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $1,905
0.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $76,900
12.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,706
24.8%
Professional Fundraising Fees $0
Other Salaries and Wages $139,092
26.4%
Assets/Debt
Total Assets $1,044,831
Total Liabilities $144,614
Net Assets $900,217
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Executive Director) $130,706 $0 $9,749
Rick Isenhower (President) $0 $0 $0
Steve Bardoczi (Board Member) $0 $0 $0
Brian Anderson (Secretary) $0 $0 $0
Shane Conner (Treasurer) $0 $0 $0
Nathan Frampton (Board Member) $0 $0 $0
Tony Setzer (Board Member) $0 $0 $0
Adam Ownes (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$732,600
Expenses
$578,389
Net Income
$154,211
Net Assets
$813,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $618,750
84.5%
Program Services $0
Investment Income $2,090
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $33,699
4.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $78,061
10.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $122,295
21.1%
Professional Fundraising Fees $0
Other Salaries and Wages $163,112
28.2%
Assets/Debt
Total Assets $929,198
Total Liabilities $115,552
Net Assets $813,646
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Executive Director) $122,295 $0 $6,300
Rick Isenhower (President) $0 $0 $0
Lee Ann Balta (Board Member) $0 $0 $0
Steve Bardoczi (Vice President) $0 $0 $0
Brian Anderson (Secretary) $0 $0 $0
Shane Conner (Treasurer) $0 $0 $0
Nathan Frampton (Board Member) $0 $0 $0
Tony Setzer (Board Member) $0 $0 $0
Adam Ownes (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$534,614
Expenses
$545,013
Net Income
-$10,399
Net Assets
$659,435
Notable Sources of Revenue Percent of Total Revenue
Contributions $487,624
91.2%
Program Services $0
Investment Income $3,962
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $19,736
3.7%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $23,292
4.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $109,860
20.2%
Professional Fundraising Fees $0
Other Salaries and Wages $157,252
28.9%
Assets/Debt
Total Assets $780,143
Total Liabilities $120,708
Net Assets $659,435
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Executive Director) $109,860 $0 $5,555
Rick Isenhower (Treasurer) $0 $0 $0
Lee Ann Balta (President) $0 $0 $0
Steve Bardoczi (Vice President) $0 $0 $0
Brian Anderson (Secretary) $0 $0 $0
Shane Conner (Board Member) $0 $0 $0
Nathan Frampton (Board Member) $0 $0 $0
Tony Setzer (Board Member) $0 $0 $0
Brock Hesler (Past Predsident) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$580,267
Expenses
$413,473
Net Income
$166,794
Net Assets
$669,834
Notable Sources of Revenue Percent of Total Revenue
Contributions $551,284
95.0%
Program Services $0
Investment Income $2,650
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $12,208
2.1%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14,125
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $106,898
25.9%
Professional Fundraising Fees $0
Other Salaries and Wages $143,708
34.8%
Assets/Debt
Total Assets $788,641
Total Liabilities $118,807
Net Assets $669,834
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Executive Director) $106,898 $0 $4,348
Mark Blade (Treasurer) $0 $0 $0
Brock Hesler (President) $0 $0 $0
Steve Bardoczi (Vice President) $0 $0 $0
Lee Ann Balta (Secretary) $0 $0 $0
Brian Anderson (Board Member) $0 $0 $0
Rick Isenhower (Board Member) $0 $0 $0
Tony Setzer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$514,579
Expenses
$535,686
Net Income
-$21,107
Net Assets
$503,040
Notable Sources of Revenue Percent of Total Revenue
Contributions $468,442
91.0%
Program Services $0
Investment Income $2,180
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $14,712
2.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,245
5.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $107,626
20.1%
Professional Fundraising Fees $0
Other Salaries and Wages $156,419
29.2%
Assets/Debt
Total Assets $635,138
Total Liabilities $132,098
Net Assets $503,040
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Executive Director) $107,626 $0 $3,800
Mark Blade (Treasurer) $0 $0 $0
Brock Hesler (President) $0 $0 $0
Jamie Ford Bowers (Vice President) $0 $0 $0
Rob Schein (Board Member) $0 $0 $0
Stephen Bardoczi (Secretary) $0 $0 $0
Bill Conley (Board Member) $0 $0 $0
Nathan Frampton (Board Member) $0 $0 $0
Brian Anderson (Board Member) $0 $0 $0
Matt Gentry (Board Member) $0 $0 $0
Elizabeth Hopper (Board Member) $0 $0 $0
Bob Taylor (Board Member) $0 $0 $0
Jeff Welty (Board Member) $0 $0 $0
Jeff Wolfe (Board Member) $0 $0 $0
Lee Ann Balta (Board Member) $0 $0 $0
Tim Haak (Board Member) $0 $0 $0
Shari Johnson (Board Member) $0 $0 $0
Elise Nieshalla (Board Member) $0 $0 $0
Rob Ramey (Board Member) $0 $0 $0
Scott Robison (Board Member) $0 $0 $0
Tony Setzer (Board Member) $0 $0 $0
Haley Tomlinson (Board Member) $0 $0 $0
Chassity Hawkins (Board Member) $0 $0 $0
Nathan Messer (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$492,529
Expenses
$545,289
Net Income
-$52,760
Net Assets
$533,847
Notable Sources of Revenue Percent of Total Revenue
Contributions $445,920
90.5%
Program Services $0
Investment Income $2,662
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $5,000
1.0%
Net Fundraising $21,589
4.4%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,358
3.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $293,396
53.8%
Assets/Debt
Total Assets $641,928
Total Liabilities $108,081
Net Assets $533,847
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Executive Director) $103,173 $0 $3,456
Mark Blade (Treasurer) $0 $0 $0
Brock Hesler (President) $0 $0 $0
Jamie Ford Bowers (Vice President) $0 $0 $0
Rob Schein (Board Member) $0 $0 $0
Stephen Bardoczi (Secretary) $0 $0 $0
Bill Conley (Board Member) $0 $0 $0
Nathan Frampton (Board Member) $0 $0 $0
Brian Anderson (At Large) $0 $0 $0
Matt Gentry (Board Member) $0 $0 $0
Elizabeth Hopper (Board Member) $0 $0 $0
Dax Norton (Board Member) $0 $0 $0
Bob Taylor (Board Member) $0 $0 $0
Jeff Welty (Board Member) $0 $0 $0
Jeff Wolfe (Board Member) $0 $0 $0
Lee Ann Balta (At Large) $0 $0 $0
Tim Haak (Board Member) $0 $0 $0
Shane Childress (Board Member) $0 $0 $0
Shari Johnson (Board Member) $0 $0 $0
Elise Nieshalla (Board Member) $0 $0 $0
Rob Ramey (Board Member) $0 $0 $0
Scott Robison (Board Member) $0 $0 $0
Tony Setzer (Board Member) $0 $0 $0
Haley Tomlinson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$477,376
Expenses
$422,548
Net Income
$54,828
Net Assets
$586,607
Notable Sources of Revenue Percent of Total Revenue
Contributions $420,650
88.1%
Program Services $0
Investment Income $1,506
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $15,000
3.1%
Net Fundraising $12,838
2.7%
Sales of Assets -$5,000
Net Inventory Sales $0
Other Revenue $32,382
6.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $101,806
24.1%
Professional Fundraising Fees $0
Other Salaries and Wages $143,922
34.1%
Assets/Debt
Total Assets $698,758
Total Liabilities $112,151
Net Assets $586,607
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Executive Director) $97,996 $0 $3,810
Eric Estes (Past President) $0 $0 $0
Craig Anderson (President) $0 $0 $0
Mark Blade (Treasurer) $0 $0 $0
Brock Hesler (Secretary) $0 $0 $0
Jamie Ford Bowers (Vice President) $0 $0 $0
Rob Schein (At Large) $0 $0 $0
Stephen Bardoczi (Board Member) $0 $0 $0
Bill Conley (Board Member) $0 $0 $0
Tim East (Board Member) $0 $0 $0
Nathan Frampton (Board Member) $0 $0 $0
Brian Anderson (Board Member) $0 $0 $0
Matt Gentry (Board Member) $0 $0 $0
Elizabeth Hopper (Board Member) $0 $0 $0
Corey Kutz (Board Member) $0 $0 $0
Cookie Leeke (Board Member) $0 $0 $0
Dax Norton (Board Member) $0 $0 $0
Bob Taylor (Board Member) $0 $0 $0
Greg Turner (Board Member) $0 $0 $0
Jeff Welty (Board Member) $0 $0 $0
Jeff Wolfe (Board Member) $0 $0 $0
Lee Ann Balta (Board Member) $0 $0 $0
Brian Buchanan (Board Member) $0 $0 $0
Tim Haak (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$489,239
Expenses
$389,297
Net Income
$99,942
Net Assets
$531,779
Notable Sources of Revenue Percent of Total Revenue
Contributions $377,785
77.2%
Program Services $0
Investment Income $1,670
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $12,889
2.6%
Net Fundraising $12,245
2.5%
Sales of Assets $58,775
12.0%
Net Inventory Sales $0
Other Revenue $25,875
5.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $99,496
25.6%
Professional Fundraising Fees $0
Other Salaries and Wages $118,243
30.4%
Assets/Debt
Total Assets $645,534
Total Liabilities $113,755
Net Assets $531,779
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Ex Ecutive Director) $97,416 $0 $2,080
Eric Estes (President) $0 $0 $0
Craig An Derson (Vice President) $0 $0 $0
Mark Blade (Secretary) $0 $0 $0
Brock Hesler (Treasurer) $0 $0 $0
Jamie Ford Bowers (At Large) $0 $0 $0
Rob Schein (At Large) $0 $0 $0
Stephen Bardoczi (B Oard Member) $0 $0 $0
Jennifer Blandford (Board Member) $0 $0 $0
Bill Conley (Board Member) $0 $0 $0
Tim East (Board Member) $0 $0 $0
Nathan Frampton (Board Member) $0 $0 $0
Brian Anderson (Board Member) $0 $0 $0
Matt Gentry (Board Member) $0 $0 $0
Elizabeth Hopper (Board Member) $0 $0 $0
Corey Kutz (Board Member) $0 $0 $0
Cookie Leeke (Board Member) $0 $0 $0
David Rodgers (Board Member) $0 $0 $0
Dax Norton (Board Member) $0 $0 $0
Bob Taylor (Board Member) $0 $0 $0
Greg Turner (Board Member) $0 $0 $0
Jeff Welty (Board Member) $0 $0 $0
John Westercamp (B Oard Member) $0 $0 $0
Jeff Wolfe (B Oard Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$401,410
Expenses
$357,302
Net Income
$44,108
Net Assets
$431,837
Notable Sources of Revenue Percent of Total Revenue
Contributions $366,775
91.4%
Program Services $0
Investment Income $1,335
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,900
1.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,400
7.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $92,311
25.8%
Professional Fundraising Fees $0
Other Salaries and Wages $94,725
26.5%
Assets/Debt
Total Assets $438,563
Total Liabilities $6,726
Net Assets $431,837
Compensation
Key Employees and Officers Compensation Related Other
Molly Whitehead (Ex Ecutive Director) $90,811 $0 $1,500
Eric Estes (President) $0 $0 $0
Craig An Derson (Vice President) $0 $0 $0
Mark Blade (Secretary) $0 $0 $0
Brock Hesler (Treasurer) $0 $0 $0
Jamie Ford Bowers (At Large) $0 $0 $0
Rob Schein (At Large) $0 $0 $0
Stephen Bardoczi (B Oard Member) $0 $0 $0
Jennifer Blandford (Board Member) $0 $0 $0
Clyde Bodkin (Board Member) $0 $0 $0
Bill Conley (Board Member) $0 $0 $0
Tim East (Board Member) $0 $0 $0
Nathan Frampton (Board Member) $0 $0 $0
Lana Kruse (Board Member) $0 $0 $0
Carol Leeke (Board Member) $0 $0 $0
Mayor Huck Lewis (Board Member) $0 $0 $0
Jay Mc Coskey (Board Member) $0 $0 $0
Andrea Montogmery (Board Member) $0 $0 $0
David Rodgers (Board Member) $0 $0 $0
Dax Norton (Board Member) $0 $0 $0
Bob Taylor (Board Member) $0 $0 $0
Greg Turner (Board Member) $0 $0 $0
Tom Shuler (Board Member) $0 $0 $0
Jeff Welty (Board Member) $0 $0 $0
John Westercamp (B Oard Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$332,623
Expenses
$296,777
Net Income
$35,846
Net Assets
$387,729
Notable Sources of Revenue Percent of Total Revenue
Contributions $315,900
95.0%
Program Services $0
Investment Income $1,115
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $3,600
1.1%
Net Fundraising $0
Sales of Assets $1,808
0.5%
Net Inventory Sales $0
Other Revenue $10,200
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $86,043
29.0%
Professional Fundraising Fees $0
Other Salaries and Wages $96,741
32.6%
Assets/Debt
Total Assets $395,101
Total Liabilities $7,372
Net Assets $387,729

No Document Links

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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