Monett Industrial Development Corp

Not tax-deductible

Monett, MO501(c)(6)Community DevelopmentEIN 43-0818485

Industrial development and increasing the availability of employment for the citizens of the city of monett, missouri and the surrounding area.

Mission: Form 990 Part I, line 1

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $20K a year · 97% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
18337 mo
of spending, in cash
Looks good: 18336.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$556K
50% of total assets
Looks good: liabilities are 50% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 6 voting members
Concern: none of 6 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$76K
+311% vs prior year
Spent
$627
To programs
0%
Net assets
$549K
By yearFY2021–FY2025
Revenue
$76K
FY2025▲ +311%
Revenue by fiscal year
FY2021$5K
FY2022$2K
FY2023$4K
FY2024$18K
FY2025$76K
Expenses
$627
FY2025▲ +22%
Expenses by fiscal year
FY2021$418
FY2022$816
FY2023$468
FY2024$513
FY2025$627
Net assets
$549K
FY2025▲ +16%
Net assets by fiscal year
FY2021$451K
FY2022$452K
FY2023$456K
FY2024$474K
FY2025$549K

From the FY2025 Form 990 (year ending May 2025) · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2017.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $627

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Monett Industrial Development Corp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Boosts local industry and jobs for Monett and surrounding communities.

Provided by the organization

This section is blank until Monett Industrial Development Corp claims this page.

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1 program service, described in the organization's own filed words · FY2024.
01

First industrial expansion is now in the process of being developed in a new industrial park in monett, mo.

Pt IX · col B

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By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$76K
Ln 12
Gifts and grantsLn 1h$45K
Investment incomeLn 3$30K
Money outPt IX
$627
Ln 25
Managementcol C$627
Owns and owesPt X
$549K
net assets · Ln 32
Cash and savingsLn 1–2$958K
Total assetsLn 16$1.1M
LiabilitiesLn 26$556K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$45K
Investment incomeLn 3$30K
Total revenueLn 12$76K
Assets in detailPt X, end of year
CashLn 1$10K
SavingsLn 2$948K
Cash and savings togetherLn 1–2$958K
Land, buildings, equipmentLn 10c$146K
Total assetsLn 16$1.1M
LiabilitiesLn 26$556K
Net assetsLn 32$549K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$598K$958K
Land, buildings, equipmentLn 10c$146K$146K
Total assetsLn 16$765K$1.1M
LiabilitiesLn 26$291K$556K
Net assetsLn 32$474K$549K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$582$582
Other fees for servicesLn 11g$45$45
Total functional expensesLn 25$627$0$627$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $76K$627$75K$549K 990 PDF
FY2024 $18K$513$18K$474K 990 PDF
FY2023 $4K$468$3K$456K 990 PDF
FY2022 $2K$816$1K$452K 990 PDF
FY2021 $5K$418$4K$451K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $75,769 across 4 lines filed
VIII-1d Related organizations$45,342
VIII-1h Total contributions, gifts and grants$45,342
VIII-3 Investment incomeRelated to mission $30,427$30,427
VIII-12 Total revenueRelated to mission $30,427$75,769
Part IX · Statement of functional expenses $627 across 2 lines filed
IX-11c Accounting feesManagement $582$582
IX-11g Other fees for servicesManagement $45$45
IX-25 Total functional expensesPrograms $0 · Management $627 · Fundraising $0$627
Part X · Balance sheet $1,104,430 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $7,317$10,007
X-2 Savings and temporary cash investmentsStart of year $590,883$948,085
X-10c Land, buildings and equipment, netStart of year $146,338$146,338
X-16 Total assetsStart of year $764,538$1,104,430
X-17 Accounts payable and accrued expensesStart of year $156$156
X-24 Unsecured notes and loans payableStart of year $2,763$2,763
X-26 Total liabilitiesStart of year $290,829$555,579
X-32 Total net assets or fund balancesStart of year $473,709$548,851
X-33 Total liabilities and net assetsStart of year $764,538$1,104,430
Part XI · Reconciliation of net assets $548,851 net assets at year end
XI-1 Total revenue$75,769
XI-2 Total expenses$627
XI-3 Revenue less expenses$75,142
XI-4 Net assets at start of year$473,709
XI-10 Net assets at end of year$548,851

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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