Skip to content
ProPublica Donate
ProPublica Donate

Morehouse 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.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$79.2k (2024)

Expenses
$68.8k (2024)

Total Assets
$186k (2024)

Total Liabilities
$0 (2024)

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 Sept.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$79,237
Expenses
$68,754
Net Income
$10,483
Net Assets
$186,049
Notable Sources of Revenue Percent of Total Revenue
Contributions $78,839
99.5%
Program Services $0
Investment Income $398
0.5%
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 $37,800
55.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $186,049
Total Liabilities $0
Net Assets $186,049
Compensation
Key Employees and Officers Compensation Related Other
Kay W King (Executive Direc) $37,800 $0 $0
Pudden Young (Director) $0 $0 $0
Loe Dunn (Director) $0 $0 $0
Mario Bershell (Director) $0 $0 $0
Allen Spires Jr (Director) $0 $0 $0
Robert Green (Director) $0 $0 $0
Justina Brown (Director) $0 $0 $0
Kathy Lenard (Secretary/Treas) $0 $0 $0
Glen Melton (Director) $0 $0 $0
Billy Jordan (Chairman) $0 $0 $0
Odis Hill (Vice Chairman) $0 $0 $0
Debbie Rogers (Director) $0 $0 $0
Alex Rankin (Director) $0 $0 $0
Nita Dunn (Asst, Secretary) $0 $0 $0
Clarence Hawkins (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$77,422
Expenses
$65,753
Net Income
$11,669
Net Assets
$175,566
Notable Sources of Revenue Percent of Total Revenue
Contributions $77,278
99.8%
Program Services $0
Investment Income $144
0.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $175,566
Total Liabilities $0
Net Assets $175,566
Compensation
Key Employees and Officers Compensation Other
Kay W King (Executive Direc) $37,800 $0
Pudden Young (Director) $0 $0
Loe Dunn (Director) $0 $0
Mario Bershell (Director) $0 $0
Allen Spires Jr (Director) $0 $0
Robert Green (Director) $0 $0
Justina Brown (Director) $0 $0
Kathy Lenard (Secretary/Treas) $0 $0
Glen Melton (Director) $0 $0
Billy Jordan (Chairman) $0 $0
Odis Hill (Vice Chairman) $0 $0
Debbie Rogers (Director) $0 $0
Alex Rankin (Director) $0 $0
Nita Dunn (Asst, Secretary) $0 $0
Clarence Hawkins (Director) $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$59,815
Expenses
$57,542
Net Income
$2,273
Net Assets
$163,897
Notable Sources of Revenue Percent of Total Revenue
Contributions $59,796
100.0%
Program Services $0
Investment Income $19
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $164,407
Total Liabilities $510
Net Assets $163,897
Compensation
Key Employees and Officers Compensation Other
Kay W King (Executive Direc) $37,800 $0
Pudden Young (Director) $0 $0
Loe Dunn (Director) $0 $0
Mario Bershell (Director) $0 $0
Allen Spires Jr (Director) $0 $0
Robert Green (Vice Chairman) $0 $0
Justina Brown (Director) $0 $0
Kathy Lenard (Secretary/Treas) $0 $0
Glen Melton (Director) $0 $0
Billy Jordan (Chairman) $0 $0
Odis Hill (Director) $0 $0
Debbie Rogers (Director) $0 $0
Alex Rankin (Director) $0 $0
Nita Dunn (Director) $0 $0
Clarence Hawkins (Director) $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$59,418
Expenses
$51,400
Net Income
$8,018
Net Assets
$161,624
Notable Sources of Revenue Percent of Total Revenue
Contributions $59,495
> 100%
Program Services $0
Investment Income $23
0.0%
Net Fundraising -$100
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $161,624
Total Liabilities $0
Net Assets $161,624
Compensation
Key Employees and Officers Compensation Other
Kay W King (Executive Direc) $37,800 $0
Pudden Young (Director) $0 $0
Loe Dunn (Director) $0 $0
Joseph Mansour (Vice President) $0 $0
Allen Spires Jr (Director) $0 $0
Robert Green (President) $0 $0
Terry Matthews (Director) $0 $0
Kahty Lenard (Secretary/Treas) $0 $0
Glen Melton (Director) $0 $0
Billy Jordan (Director) $0 $0
Odis Hill (Director) $0 $0
Jack Scoggins (Director) $0 $0
Alex Rankin (Director) $0 $0
Christy Merriweather (Director) $0 $0
Norene Smith (Director) $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$46,739
Expenses
$58,207
Net Income
-$11,468
Net Assets
$153,606
Notable Sources of Revenue Percent of Total Revenue
Contributions $50,713
> 100%
Program Services $0
Investment Income $123
0.3%
Net Fundraising -$4,097
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $153,606
Total Liabilities $0
Net Assets $153,606
Compensation
Key Employees and Officers Compensation Other
Kay W King (Executive Direc) $37,800 $0
Pudden Young (Director) $0 $0
Loe Dunn (Director) $0 $0
Joseph Mansour (Vice President) $0 $0
Allen Spires Jr (Director) $0 $0
Robert Green (President) $0 $0
Terry Matthews (Director) $0 $0
Kahty Lenard (Secretary/Treas) $0 $0
Glen Melton (Director) $0 $0
Billy Jordan (Director) $0 $0
Odis Hill (Director) $0 $0
Jack Scoggins (Director) $0 $0
Alex Rankin (Director) $0 $0
Christy Merriweather (Director) $0 $0
Norene Smith (Director) $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,098
Expenses
$62,985
Net Income
-$5,887
Net Assets
$165,074
Notable Sources of Revenue Percent of Total Revenue
Contributions $29,042
50.9%
Program Services $20,755
36.3%
Investment Income $126
0.2%
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 $37,800
60.0%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $165,400
Total Liabilities $326
Net Assets $165,074
Compensation
Key Employees and Officers Compensation Related Other
Kay W King (Executive Direc) $37,800 $0 $0
Pudden Young (Director) $0 $0 $0
Loe Dunn (Director) $0 $0 $0
Joseph Mansour (Vice President) $0 $0 $0
Allen Spires Jr (Director) $0 $0 $0
Robert Green (President) $0 $0 $0
Terry Matthews (Director) $0 $0 $0
Kahty Lenard (Secretary/Treas) $0 $0 $0
Glen Melton (Director) $0 $0 $0
Billy Jordan (Director) $0 $0 $0
Odis Hill (Director) $0 $0 $0
Jack Scoggins (Director) $0 $0 $0
Alex Rankin (Director) $0 $0 $0
Bill Bryant (Director) $0 $0 $0
Norene Smith (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$64,499
Expenses
$58,488
Net Income
$6,011
Net Assets
$170,961
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,292
47.0%
Program Services $16,050
24.9%
Investment Income $45
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 $37,800
64.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $171,323
Total Liabilities $362
Net Assets $170,961
Compensation
Key Employees and Officers Compensation Related Other
Kay W King (Executive Direc) $37,800 $0 $0
Pudden Young (Director) $0 $0 $0
Loe Dunn (Director) $0 $0 $0
Joseph Mansour (Vice President) $0 $0 $0
Allen Spires Jr (Director) $0 $0 $0
Robert Green (President) $0 $0 $0
Terry Matthews (Director) $0 $0 $0
Kahty Lenard (Secretary/Treas) $0 $0 $0
Glen Melton (Director) $0 $0 $0
Billy Jordan (Director) $0 $0 $0
Odis Hill (Director) $0 $0 $0
Jack Scoggins (Director) $0 $0 $0
Alex Rankin (Director) $0 $0 $0
Bill Bryant (Director) $0 $0 $0
Norene Smith (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$52,295
Expenses
$62,650
Net Income
-$10,355
Net Assets
$166,294
Notable Sources of Revenue Percent of Total Revenue
Contributions $35,250
67.4%
Program Services $16,100
30.8%
Investment Income $31
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 $37,800
60.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $166,576
Total Liabilities $282
Net Assets $166,294
Compensation
Key Employees and Officers Compensation Related Other
Kay W King (Executive Direc) $37,800 $0 $0
Pudden Young (Director) $0 $0 $0
Loe Dunn (Director) $0 $0 $0
Joseph Mansour (Vice President) $0 $0 $0
Alan Spires Jr (Director) $0 $0 $0
Robert Green (President) $0 $0 $0
Terry Matthews (Director) $0 $0 $0
Kahty Lenard (Secretary/Treas) $0 $0 $0
Leo Nelson (Director) $0 $0 $0
Odis Hill (Director) $0 $0 $0
Jack Scoggins (Director) $0 $0 $0
Alex Rankin (Director) $0 $0 $0
Bill Bryant (Director) $0 $0 $0
Norene Smith (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$71,834
Expenses
$68,473
Net Income
$3,361
Net Assets
$176,843
Notable Sources of Revenue Percent of Total Revenue
Contributions $35,812
49.9%
Program Services $18,650
26.0%
Investment Income $785
1.1%
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 $37,800
55.2%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $177,136
Total Liabilities $293
Net Assets $176,843
Compensation
Key Employees and Officers Compensation Related Other
Kay W King (Executive Direc) $37,800 $0 $0
Pudden Young (Director) $0 $0 $0
Loe Dunn (Director) $0 $0 $0
Ron Vollmar (Director) $0 $0 $0
Robert Green (Director) $0 $0 $0
Terry Matthews (Director) $0 $0 $0
Kahty Lenard (Director) $0 $0 $0
Leo Nelson (Chairman) $0 $0 $0
Mike Lytle (Sec./Treas.) $0 $0 $0
Odis Hill (Director) $0 $0 $0
Jack Scoggins (Director) $0 $0 $0
Alex Rankin (Director) $0 $0 $0
Bill Bryant (Director) $0 $0 $0
Norene Smith (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$82,492
Expenses
$92,798
Net Income
-$10,306
Net Assets
$173,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $42,410
51.4%
Program Services $14,500
17.6%
Investment Income $30
0.0%
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 $37,800
40.7%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $173,735
Total Liabilities $253
Net Assets $173,482
Compensation
Key Employees and Officers Compensation Related Other
Kay W King (Ceo) $37,800 $0 $0
Pudden Young (Director) $0 $0 $0
Loe Dunn (Director) $0 $0 $0
Glavin Black (Director) $0 $0 $0
Joseph Mansour (Vice Chairman) $0 $0 $0
Robert Green (Chairman) $0 $0 $0
Terry Matthews (Director) $0 $0 $0
Kahty Lenard (Secretary) $0 $0 $0
Leo Nelson (Director) $0 $0 $0
Mike Lytle (Sec./Treas.) $0 $0 $0
Odis Hill (Director) $0 $0 $0
Jack Scoggins (Director) $0 $0 $0
Alex Rankin (Director) $0 $0 $0
Allen Spires (Director) $0 $0 $0
Norene Smith (Director) $0 $0 $0
John Moore (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$87,835
Expenses
$67,115
Net Income
$20,720
Net Assets
$199,595
Notable Sources of Revenue Percent of Total Revenue
Contributions $53,646
61.1%
Program Services $16,200
18.4%
Investment Income $26
0.0%
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 $37,800
56.3%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $199,953
Total Liabilities $358
Net Assets $199,595
Compensation
Key Employees and Officers Compensation Related Other
Kay W King (Executive Direc) $37,800 $0 $0
Pudden Young (Director) $0 $0 $0
Loe Dunn (Director) $0 $0 $0
Ron Vollmar (Director) $0 $0 $0
Robert Green (Director) $0 $0 $0
Terry Matthews (Director) $0 $0 $0
Kahty Lenard (Director) $0 $0 $0
Leo Nelson (Chairman) $0 $0 $0
Mike Lytle (Sec./Treas.) $0 $0 $0
Odis Hill (Director) $0 $0 $0
Jack Scoggins (Director) $0 $0 $0
Alex Rankin (Director) $0 $0 $0
Bill Bryant (Director) $0 $0 $0
Norene Smith (Director) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$63,705
Expenses
$58,831
Net Income
$4,874
Net Assets
$178,876
Notable Sources of Revenue Percent of Total Revenue
Contributions $30,845
48.4%
Program Services $15,900
25.0%
Investment Income $35
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $34,640
58.9%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $179,235
Total Liabilities $359
Net Assets $178,876

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$89,925
Expenses
$63,047
Net Income
$26,878
Net Assets
$173,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $45,908
51.1%
Program Services $0
Investment Income $60
0.1%
Net Fundraising $21,497
23.9%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $173,760
Total Liabilities $255
Net Assets $173,505

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$76,841
Expenses
$58,348
Net Income
$18,493
Net Assets
$146,627
Notable Sources of Revenue Percent of Total Revenue
Contributions $26,017
33.9%
Program Services $0
Investment Income $82
0.1%
Net Fundraising $26,562
34.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $146,924
Total Liabilities $297
Net Assets $146,627

Document Links

Fiscal Year Ending Sept.
2010

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 Sept.
2009

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 Sept.
2008

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 Sept.
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 Sept.
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 Sept.
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 Sept.
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 Sept.
2003

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

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.

Which Organizations Are Here?

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 »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »