The Switzerland County Economic Development corporation was created to support the county's Economic Development strategy and to help position Switzerland County for aggressive growth initiatives. The non-profit corporation serves as a facilitator, coordinating local entities and elected bodies to further improve Switzerland county's business Development capacity and quality of life.

$75K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990-EZ
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Pay to officers and key staff
$75K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Named funders
2
named funders · $66K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$70K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$191K
-41% vs prior year
Net assets
$4K
By yearFY2020–FY2022
Revenue
$191K
FY2021▼ -41%
Tap a bar for its year
Revenue by fiscal year
FY2020$326K
FY2021$191K
FY2022$179K
Net assets
$4K
FY2021▼ -94%
Tap a bar for its year
Net assets by fiscal year
FY2020$65K
FY2021$4K
FY2022−$31K

From the FY2021 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2026
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in Jan 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990-EZ; $75K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$75,327Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Jonathan Bond’s $76K as President is at the 52nd percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Jonathan Bond$75,772$75,327$75,772

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Switzerland County Economic Development executive salaries →

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Programs and updates

Drives economic growth by coordinating local efforts to improve business and quality of life.

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Provided by the organization

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1 program · $251K · in their own filed words · FY2020
01

Switzerland county economic development corporation (scedc) carries out the county's economic development activities by attracting new industries to the area and by encouraging the development and retention of industries in the community.

$251Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
SEI Readi INCFY2025$16K
Total grants receivedfrom 2 funders$66K

By the numbers

The FY2021 990-EZ, line by line.

1The main four
Money in
$191K
Other income$191K
Owns and owes
$4K
net assets
Liabilities$70K
People
4
listed
Paid1
2In more detail
Revenue in detail
Other income$191K
Total revenue$191K
Assets in detailEnd of year
Liabilities$70K
Net assets$4K
Operations
Employees1
Volunteers22
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $179K−$31K 990 PDF
FY2021 Viewing $191K$4K 990 PDF
FY2020 $326K$299K$27K$65K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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