Union County Development Corporation

Business league / trade association Liberty, IN EIN 31-1200063
Revenue
$89K
▼ -76%
FY2024 · Pt VIII · Ln 12
Expenses
$103K
▼ -71%
FY2024 · Pt IX · Ln 25
Net assets
$50K
FY2024 · Pt X · Ln 32
To programs
100%
FY2024 · Pt IX · col B
Revenue & expenses by yearFY2020–FY2024
Revenue
$89K
FY2024▼ -76%
Expenses
$103K
FY2024▼ -71%

Promotes tourism and economic development in the Union County, Indiana region to support local businesses and community growth.

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Tax-deductible?
No
Per the IRS master file. Details →
Can I give now?
No revocation on IRS record
Not on the IRS revocation list. Details →
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
1 funder — Union County Foundation INC
$25K in the latest grant year. Details →
Spent on programs?
100% to programs
Form 990 Part IX, latest filing. Details →
Size and trend
<$100K
↓ -76% vs prior year Details →

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Promotes tourism and economic development in the Union County, Indiana region to support local businesses and community growth.

Type
Business league / trade association · Nonprofit
Location
Liberty, IN
Website
www.ucdc.us
Filings
5 on file (2020–2024)
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Provided by the organization

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Where the money goes · FY2024
Where spending went · Part IX cols B–D
Program services $1.00
Operating surplus
-15%
revenue over expenses▼ -325% vs prior filing year
Earned revenue
0%
of revenue from program services & dues
Payroll share
38%
of spending is salaries & benefits▲ +178% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$50K
FY2024▼ -21%
Total liabilities
$0
FY2024
Revenue less expensesPt I · Ln 19−$14K
Total assetsPt X · Ln 16$50K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CUnion County Development Corporation
EINHdr · item D31-1200063
Principal addressHdr · item CLiberty, IN
WebsiteHdr · item Jwww.ucdc.us
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIN
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1987

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Ucdc Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Union County Development Corporation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $103K of program spending, described in the organization's own filed words · FY2024.
01

Promotion of tourism and economic development within the Union County Indiana area.

$103Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants205%$183K
— government grantsLn 1e$98K
Total revenueLn 12$89K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$103K
Total functional expensesLn 25$103K

Balance Sheet

Part X · end of year
CashLn 1$38K
Total assetsLn 16$50K
Total liabilitiesLn 26$0
Total net assetsLn 32$50K
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $38K · Operating expenses/yr $103K
4.5 months
Where the money goes
Program services
Program services $103K · Total expenses $103K
100%
Management & General
Management & general $0 · Total expenses $103K
0%
Fundraising
Fundraising $0 · Total expenses $103K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $80K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $183K · Total revenue $89K
205%
Government reliance
Government grants $98K · Total revenue $89K
110%
Earned-income share
Program service revenue $0 · Total revenue $89K
0%
Investment reliance
Investment income $0 · Total revenue $89K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $103K
0%
Growth & trend
Revenue growth (YoY)
This year $89K · Prior year $375K
-76%
Revenue CAGR
FY2020 $85K · FY2024 $89K
+1%
Net-asset trend (YoY)
End of year $50K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $89K · Expenses $103K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $50K
—
Net-asset ratio
Net assets $50K · Total assets $50K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $50K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Brian Bias · Reported title President · Highest reported compensation $0 · Total expenses $103K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $40K · Total expenses $103K
38%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%——
Overhead ratio 0%——
Fundraising cost ratio 0%——
Revenue growth -76%——
Accounting fee ratio 2%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$25K
Grants paid · 31 grants · $510K · 2021–2023
Various Local Businesses and OrgFY2023$279,489
Joy Bentley Paper Street Baking CoFY2021$8,639
Tyler Frame - Frame Clinic of ChiroFY2021$8,510
Brenda Paxton - Sew What on Mail LlFY2021$8,139
Shawn L Johnson - Johnsons LawncareFY2021$8,139
Rick Frame - Frames OutdoorFY2021$8,139
On Track Fitness LibertyFY2021$8,139
Sunset Storage LLCFY2021$8,139
Kettler Motor Works INCFY2021$8,139
Dineshchandra Patel - Liberty MotelFY2021$8,139
Vanessa M Mitchell - Reiboldt PhotoFY2021$8,139
Gregory E Mitchell - Windy Hill FarFY2021$8,139
Ross Outdoors LLCFY2021$8,139
John Nolte - Brew Slice PizzaFY2021$8,139
Dustin ReeceFY2021$8,139
Melissa and Craig SpillersFY2021$8,139
Jay P Bias - Jays Midlake Bait & TaFY2021$8,139
Rita M Ewing Ritas Dixon Dance StuFY2021$8,139
See all 31 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$89K revenue · viewing · ⤓ 990 PDF
FY2023$375K revenue · ⤓ 990 PDF
FY2022$103K revenue · ⤓ 990 PDF
FY2021$382K revenue · ⤓ 990 PDF
FY2020$85K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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