Jackson County Economic Development Partnership EIN 34-1604927 Form 990 (PDF) Claim this org

Jackson County Economic Development Partnership

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Develops jobs and economic opportunities for Jackson County, Ohio. For fiscal year 2024 it reported $1.8M in revenue, $1.2M in expenses, and $1.7M in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Jackson, OH
Filings
5 on file (2020–2024)
Revenue
$1.8MFY2024
Expenses
$1.2M
Net assets
$1.7M
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  34-1604927 Public charity (501(c)(3)) Jackson, OH
Form 990 (PDF)
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Figures match the IRS filing checked 9/11/26 · see original: IRS
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Size
$1–10M
What they do
Develops jobs and economic opportunities for Jackson County, Ohio.
Leadership
Samuel Brady · Executive Director · $73K
Money in and out
$1.8M revenue, $1.2M expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$1.8M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $658K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▲ +18% vs prior filing year
Operating runway
14.3mo
months of highly liquid reserves at operating expense rate▼ -58% vs prior filing year
Surplus margin
+36%
revenue over expenses, this year▼ -15% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.8M
FY2024▲ +382%
Expenses
$1.2M
FY2024▲ +435%
Total assets
$1.7M
FY2024▲ +66%
Total liabilities
$5K
FY2024▼ -12%
Total revenue
$1.8M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$658K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $1.1M of program spending, described in the organization's own filed words · FY2024.
01

To develop jobs & economic development for the jackson county ohio area

$1.1Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJackson County Economic Development Partnership
EINHdr · item D34-1604927
Principal addressHdr · item CJackson, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S31Z)
Ruling yearIRS BMFMar 1990

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1bpending
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
Executive Director
$73,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Samuel Brady’s $73K as Executive Director is at the 8th percentile of top reported officer pay among 2834 $1–10M 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Samuel Brady$73,000$73,000$64,250
Sam Brady$54,000$53,500

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.

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Statement of Revenue

Part VIII
Contributions & grants$1.8M · 96%
Program service revenue$39K · 2%
Investment income$35K · 2%
Contributions & grants96%$1.8M
Program service revenue2%$39K
Investment income2%$35K
— government grantsLn 1e$809K
Total revenueLn 12$1.8M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$1.1M
Management & general3%$40K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$1.4M
Total assetsLn 16$1.7M
Total liabilitiesLn 26$5K
Total net assetsLn 32$1.7M
Months of cash on handcomputed14.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $1.2M
14.3 months
Where the money goes
Program services
Program services $1.1M · Total expenses $1.2M
97%
Management & General
Management & general $40K · Total expenses $1.2M
3%
Fundraising
Fundraising $0 · Total expenses $1.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $468K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.8M · Total revenue $1.8M
96%
Government reliance
Government grants $809K · Total revenue $1.8M
44%
Earned-income share
Program service revenue $39K · Total revenue $1.8M
2%
Investment reliance
Investment income $35K · Total revenue $1.8M
+2%
Program self-sufficiency
Program service revenue $39K · Total expenses $1.2M
3%
Growth & trend
Revenue growth (YoY)
This year $1.8M · Prior year $382K
+382%
Revenue CAGR
FY2020 $1.4M · FY2024 $1.8M
+7%
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.8M · Expenses $1.2M
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.7M · Total assets $1.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Samuel Brady · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $73K · Total expenses $1.2M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $175K · Total expenses $1.2M
15%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 382%
Legal fee ratio <0.01%
Accounting fee ratio 0.5%

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
JobsohioFY2024$34K
Total grants receivedfrom 2 funders$161K
Grants paid · 14 grants · $991K · 2020–2024
Unitemized GrantFY2024$664,178
Jackson County Board of CommissionersFY2024$50,000
Herr Foods INCFY2024$50,000
Beaver Creek Steel Roofing LLCFY2024$41,205
Keeneys KitchenFY2024$28,375
Taylor Keenthe Taylored Cookie LLCFY2024$28,375
Hughes Re LLCFY2024$22,000
740 Enterprises LLCFY2024$20,000
Paper City CoffeellcFY2024$18,750
Tykma Electrox LLCFY2024$18,150
Willis Advantage Property Solutions LLCFY2024$17,000
Murphy-Hoffman Company LLCFY2024$12,850
City of JacksonFY2020$10,000
Jackson County Board of CommissionersFY2020$10,000

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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)$1.8M revenue · viewing · ⤓ 990 PDF
FY2023$382K revenue · ⤓ 990 PDF
FY2022$-1.1M revenue · ⤓ 990 PDF
FY2021$213K revenue · ⤓ 990 PDF
FY2020$1.4M 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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