South Central Indiana Regional Economic Development Corp

French Lick, IN
Tax-exempt since Jan. 1995
EIN: 35-1877247

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

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

Donations to this organization are tax deductible.

Revenue

$428k (2024)

Expenses

$291k (2024)

Total Assets

$2.25M (2024)

Total Liabilities

$7.85k (2024)

Years with missing data

Source: Form 990 tax filings from 2011 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

Revenue

$427,663

Expenses

$291,166

Net Income

$136,497

Net Assets

$2,246,604

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$314,315	73.5%
Program Services	$45,000	10.5%
Investment Income	$60,190	14.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$8,058	1.9%
Net Inventory Sales	$0
Other Revenue	$100	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$145,604	50.0%

Assets/Debt
Total Assets	$2,254,456
Total Liabilities	$7,852
Net Assets	$2,246,604

Compensation

Key Employees and Officers	Compensation	Related	Other
Skylar Whiteman (Executive Di)	$89,852	$0	$2,696
Alan Beck (President)	$0	$0	$0
Zach Brown (Vice Preside)	$0	$0	$0
John Carnes (Board Of Dir)	$0	$0	$0
Randy Clark (Board Of Dir)	$0	$0	$0
Richard Dixon (Board Of Dir)	$0	$0	$0
Arla Fraizer (Board Of Dir)	$0	$0	$0
Jason Goodman (Board Of Dir)	$0	$0	$0
Catherine Henderson (Board Of Dir)	$0	$0	$0
Pam Mentz (Board Of Dir)	$0	$0	$0
Nancy Mitchell Morris (Treasurer)	$0	$0	$0
Russ Sage (Board Of Dir)	$0	$0	$0
Liz Smith (Secretary)	$0	$0	$0
Dave Wolford (Board Of Dir)	$0	$0	$0

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990

Filed on Aug. 29, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$383,919

Expenses

$302,689

Net Income

$81,230

Net Assets

$2,110,146

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$285,449	74.4%
Program Services	$41,820	10.9%
Investment Income	$48,630	12.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$7,871	2.1%
Net Inventory Sales	$0
Other Revenue	$149	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$129,709	42.9%

Assets/Debt
Total Assets	$2,114,221
Total Liabilities	$4,075
Net Assets	$2,110,146

Compensation

Key Employees and Officers	Compensation	Related	Other
Kristal Painter (Executive Di)	$49,014	$0	$0
Skylar Whiteman (Executive Di)	$31,913	$0	$0
Alan Beck (President)	$0	$0	$0
Cathy Carnes (Board Of Dir)	$0	$0	$0
Randy Clark (Board Of Dir)	$0	$0	$0
Richard Dixon (Board Of Dir)	$0	$0	$0
Arla Fraizer (Board Of Dir)	$0	$0	$0
Jason Goodman (Board Of Dir)	$0	$0	$0
Chad Hager (Board Of Dir)	$0	$0	$0
Jack Mensch (Board Of Dir)	$0	$0	$0
Pam Mentz (Board Of Dir)	$0	$0	$0
Nancy Mitchell Morris (Treasurer)	$0	$0	$0
Brandy Ream (Board Of Dir)	$0	$0	$0
Russ Sage (Board Of Dir)	$0	$0	$0
Ken Schnaus (Vice Preside)	$0	$0	$0
Liz Smith (Secretary)	$0	$0	$0
Dave Wolford (Board Of Dir)	$0	$0	$0

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990

Filed on Sept. 12, 2024

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Fiscal Year Ending Dec.
2022

Revenue

$337,901

Expenses

$288,236

Net Income

$49,665

Net Assets

$2,028,916

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$260,370	77.1%
Program Services	$35,600	10.5%
Investment Income	$27,086	8.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,845	4.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$118,495	41.1%

Assets/Debt
Total Assets	$2,032,989
Total Liabilities	$4,073
Net Assets	$2,028,916

Compensation

Key Employees and Officers	Compensation	Related	Other
Kristal Painter (Executive Di)	$79,725	$0	$0
Alan Beck (President)	$0	$0	$0
Cathy Carnes (Board Of Dir)	$0	$0	$0
Randy Clark (Board Of Dir)	$0	$0	$0
Richard Dixon (Board Of Dir)	$0	$0	$0
Chad Hager (Board Of Dir)	$0	$0	$0
Kevin Knies (Board Of Dir)	$0	$0	$0
Pam Mentz (Board Of Dir)	$0	$0	$0
Nancy Mitchell Morris (Treasurer)	$0	$0	$0
Mylea Plurris (Board Of Dir)	$0	$0	$0
Brandy Ream (Board Of Dir)	$0	$0	$0
Russ Sage (Board Of Dir)	$0	$0	$0
Ken Schnaus (Vice Preside)	$0	$0	$0
Liz Smith (Secretary)	$0	$0	$0
Dave Wolford (Board Of Dir)	$0	$0	$0

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990

Filed on Sept. 8, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$364,721

Expenses

$201,213

Net Income

$163,508

Net Assets

$1,979,251

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$291,044	79.8%
Program Services	$30,000	8.2%
Investment Income	$26,391	7.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$17,286	4.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$96,535	48.0%

Assets/Debt
Total Assets	$1,983,352
Total Liabilities	$4,101
Net Assets	$1,979,251

Compensation

Key Employees and Officers	Compensation	Related	Other
Kristal Painter (Executive Di)	$71,271	$0	$2,275
Alan Beck (President)	$0	$0	$0
Cathy Carnes (Board Of Dir)	$0	$0	$0
Randy Clark (Board Of Dir)	$0	$0	$0
Richard Dixon (Board Of Dir)	$0	$0	$0
Chad Hager (Board Of Dir)	$0	$0	$0
Kevin Knies (Board Of Dir)	$0	$0	$0
Mike Mccracken (Board Of Dir)	$0	$0	$0
Pam Mentz (Board Of Dir)	$0	$0	$0
Nancy Mitchell Morris (Treasurer)	$0	$0	$0
Mylea Plurris (Board Of Dir)	$0	$0	$0
Brandy Ream (Board Of Dir)	$0	$0	$0
Don Renner (Board Of Dir)	$0	$0	$0
Ken Schnaus (Vice Preside)	$0	$0	$0
Liz Smith (Secretary)	$0	$0	$0

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990

Filed on Oct. 19, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$458,065

Expenses

$211,919

Net Income

$246,146

Net Assets

$1,617,491

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$423,931	92.5%
Program Services	$3,575	0.8%
Investment Income	$30,559	6.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$85,840	40.5%

Assets/Debt
Total Assets	$1,619,632
Total Liabilities	$2,141
Net Assets	$1,617,491

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Revenue

$198,494

Expenses

$214,256

Net Income

-$15,762

Net Assets

$1,371,344

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$175,546	88.4%
Program Services	$0
Investment Income	$22,948	11.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$73,309	34.2%

Assets/Debt
Total Assets	$1,373,571
Total Liabilities	$2,227
Net Assets	$1,371,344

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$1,113,779

Expenses

$88,447

Net Income

$1,025,332

Net Assets

$1,510,917

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$85,960	7.7%
Program Services	$0
Investment Income	$27,819	2.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,000,000	89.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$62,419	70.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,515,131
Total Liabilities	$4,214
Net Assets	$1,510,917

Compensation

Key Employees and Officers	Compensation	Related	Other
Lloyd Arnold (Executive Director)	$54,294	$0	$0
Misty Weisensteiner (Executive Director)	$0	$8,125	$0
Alan Beck (President)	$0	$0	$0
Nancy Mitchell Morris (Treasurer)	$0	$0	$0
Amy Morris (Secretary)	$0	$0	$0
Rex Williams (Board Of Directors)	$0	$0	$0
Larry Bailey (Board Of Directors)	$0	$0	$0
Gary Mcclintic (Board Of Directors)	$0	$0	$0
Misty Weisensteiner (Board Of Directors)	$0	$0	$0
Dave Stagnolia (Board Of Directors)	$0	$0	$0
Mike Fields (Board Of Directors)	$0	$0	$0
John Noblitt (Board Of Directors)	$0	$0	$0
Don Renner (Board Of Directors)	$0	$0	$0
Ken Schnaus (Board Of Directors)	$0	$0	$0
Deanna Babcock (Board Of Directors)	$0	$0	$0

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990

Filed on May 16, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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PDF (2 of 2)

Fiscal Year Ending Dec.
2016

Revenue

$86,165

Expenses

$73,927

Net Income

$12,238

Net Assets

$388,658

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$84,133	97.6%
Program Services	$0
Investment Income	$2,032	2.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$41,667	56.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$391,340
Total Liabilities	$2,682
Net Assets	$388,658

Compensation

Key Employees and Officers	Compensation	Related	Other
To Be Filled (Executive Director)	$0	$0	$0
Alan Beck (President)	$0	$0	$0
Nancy Mitchell Morris (Treasurer)	$0	$0	$0
Amy Morris (Secretary)	$0	$0	$0
Rex Williams (Board Of Directors)	$0	$0	$0
Larry Bailey (Board Of Directors)	$0	$0	$0
Gary Mcclintic (Board Of Directors)	$0	$0	$0
Misty Weisensteiner (Board Of Directors)	$0	$0	$0
Dave Stagnolia (Board Of Directors)	$0	$0	$0
Mike Fields (Board Of Directors)	$0	$0	$0
John Noblitt (Board Of Directors)	$0	$0	$0
Don Renner (Board Of Directors)	$0	$0	$0
Ken Schnaus (Board Of Directors)	$0	$0	$0
Deanna Babcock (Board Of Directors)	$0	$0	$0

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990

Filed on March 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$62,441

Expenses

$38,551

Net Income

$23,890

Net Assets

$209,401

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$62,262	99.7%
Program Services	$0
Investment Income	$179	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$13,667	35.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$234,408
Total Liabilities	$25,007
Net Assets	$209,401

Compensation

Key Employees and Officers	Compensation	Related	Other
Alan Beck (President)	$0	$0	$0
Nancy Mitchell Morris (Secretary Treasurer)	$0	$0	$0
Greg Farlow (Board Of Directors)	$0	$0	$0
Rex Williams (Board Of Directors)	$0	$0	$0
Larry Bailey (Board Of Directors)	$0	$0	$0
Gary Mcclintic (Board Of Directors)	$0	$0	$0
Marshall Noble (Board Of Directors)	$0	$0	$0
Dave Stagnolia (Board Of Directors)	$0	$0	$0
Mike Fields (Board Of Directors)	$0	$0	$0
Amy Morris (Board Of Directors)	$0	$0	$0
Justin Harris (Board Of Directors)	$0	$0	$0
Ken Schnaus (Vice President)	$0	$0	$0

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990

Filed on Aug. 12, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$69,851

Expenses

$72,925

Net Income

-$3,074

Net Assets

$185,120

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$69,354	99.3%
Program Services	$0
Investment Income	$497	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$42,040	57.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$211,315
Total Liabilities	$26,195
Net Assets	$185,120

Compensation

Key Employees and Officers	Compensation	Related	Other
Alan Beck (President)	$0	$0	$0
Nancy Mitchell Morris (Secretary Treasurer)	$0	$0	$0
Greg Farlow (Board Of Directors)	$0	$0	$0
Rex Williams (Board Of Directors)	$0	$0	$0
Larry Bailey (Board Of Directors)	$0	$0	$0
Gary Mcclintic (Board Of Directors)	$0	$0	$0
Marshall Noble (Board Of Directors)	$0	$0	$0
Dave Stagnolia (Board Of Directors)	$0	$0	$0
Mike Fields (Board Of Directors)	$0	$0	$0
Amy Morris (Board Of Directors)	$0	$0	$0
Justin Harris (Board Of Directors)	$0	$0	$0
Ken Schnaus (Vice President)	$0	$0	$0

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990

Filed on May 12, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$59,477

Expenses

$80,263

Net Income

-$20,786

Net Assets

$181,404

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$59,027	99.2%
Program Services	$0
Investment Income	$450	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$45,077	56.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$214,428
Total Liabilities	$33,024
Net Assets	$181,404

Compensation

Key Employees and Officers	Compensation	Related	Other
Mike Fields (President)	$0	$0	$0
Nancy Mitchell Morris (Secretary Treasurer)	$0	$0	$0
Greg Farlow (Board Of Directors)	$0	$0	$0
Kathy Patton (Board Of Directors)	$0	$0	$0
Rex Williams (Board Of Directors)	$0	$0	$0
Larry Bailey (Board Of Directors)	$0	$0	$0
Gary Mcclintic (Board Of Directors)	$0	$0	$0
Jay Strauss (Board Of Directors)	$0	$0	$0
Marshall Noble (Board Of Directors)	$0	$0	$0
Dave Stagnolia (Board Of Directors)	$0	$0	$0
Alan Beck (Vice President)	$0	$0	$0
Louanne Lashbrook (Board Of Directors)	$0	$0	$0

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990

Filed on May 15, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$96,850

Expenses

$102,078

Net Income

-$5,228

Net Assets

$198,748

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$96,789	99.9%
Program Services	$0
Investment Income	$61	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$41,000	40.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$233,088
Total Liabilities	$34,340
Net Assets	$198,748

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$117,115

Expenses

$120,173

Net Income

-$3,058

Net Assets

$203,976

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$115,727	98.8%
Program Services	$0
Investment Income	$1,388	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$41,000	34.1%
Professional Fundraising Fees	$7,295	6.1%
Other Salaries and Wages	$7,038	5.9%

Assets/Debt
Total Assets	$242,897
Total Liabilities	$38,921
Net Assets	$203,976

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

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South Central Indiana Regional Economic Development Corp

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $428k (2024)

Expenses $291k (2024)

Total Assets $2.25M (2024)

Total Liabilities $7.85k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Revenue

$428k (2024)

Expenses

$291k (2024)

Total Assets

$2.25M (2024)

Total Liabilities

$7.85k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001