Regional Economic Development Incorporated: FY2020 Nonprofit Profile & Form 990 (EIN 43-1516160)

Revenue by fiscal year
FY2020	$354K
FY2021	$332K
FY2022	$390K
FY2023	$384K
FY2024	$436K
FY2025	$427K

Expenses by fiscal year
FY2020	$300K
FY2021	$509K
FY2022	$387K
FY2023	$427K
FY2024	$452K
FY2025	$332K

Net assets by fiscal year
FY2020	$389K
FY2021	$212K
FY2022	$215K
FY2023	$173K
FY2024	$156K
FY2025	$253K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1989.

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

Where the money goes

54 cents of each dollar spent went to programs.

54%

46%

Program services 54% · $162K Management & general 46% · $138K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII

Rick Means

Past Chair

$0Pt VII · Sec A

Todd Hoien

Treasurer

$0Pt VII · Sec A

John Glascock

Member

$0Pt VII · Sec A

Barry Chambers

Member

$0Pt VII · Sec A

Susan Hart

Vice Chair

$0Pt VII · Sec A

John John

Member

$0Pt VII · Sec A

Matt Jenne

Chair

$0Pt VII · Sec A

Joe Henderson

Member

$0Pt VII · Sec A

See Regional Economic Development Incorporated executive salaries →

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

Provides equipment and business support to retail entrepreneurs in Mid-Missouri.

Questions for Regional Economic Development Incorporated

Tap to ask. Regional Economic Development Incorporated sees how many people are interested.

Your first name shows with your question. Regional Economic Development Incorporated answers here, for everyone.

1 program · $162K · in their own filed words · FY2019

01

To promote economic development and activity in the columbia / boone county area

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 43-1516160) · Dispute this line

$162Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid

Grants received · FY2023

Veterans United FoundationFY2023$12K

Total grants receivedfrom 1 funder$12K

Grants paid · 4 grants · $106K · 2023–2024

Unitemized GrantFY2024$50,000

Unitemized GrantFY2024$2,509

Unitemized GrantFY2023$50,000

Unitemized GrantFY2023$3,200

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$354K

Ln 12

Gifts and grantsLn 1h$336K

Fees for servicesLn 2g$15K

Investment incomeLn 3$3K

Money outPt IX

$300K

Ln 25

Programscol B$162K

Managementcol C$138K

Owns and owesPt X

$389K

net assets · Ln 32

Cash and savingsLn 1–2$653K

Total assetsLn 16$654K

LiabilitiesLn 26$265K

PeoplePt VI, VII

18

listed · VII A

PaidVII A0

Voting boardVI 1a18

IndependentVI 1b18

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$336K

Government grantsLn 1e$116K

Fees for servicesLn 2g$15K

Investment incomeLn 3$3K

Total revenueLn 12$354K

Assets in detailPt X, end of year

CashLn 1$653K

Cash and savings togetherLn 1–2$653K

Accounts receivableLn 4$2K

Total assetsLn 16$654K

LiabilitiesLn 26$265K

Net assetsLn 32$389K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderSeptember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$633K	$653K
Land, buildings, equipmentLn 10c	$0	$0
Total assetsLn 16	$633K	$654K
LiabilitiesLn 26	$298K	$265K
Net assetsLn 32	$335K	$389K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Legal feesLn 11b	$3K		$3K
Accounting feesLn 11c	$6K		$6K
Other fees for servicesLn 11g	$48K	$20K	$27K
Advertising and promotionLn 12	$29K	$29K
Office expensesLn 13	$36K	$11K	$25K
OccupancyLn 16	$67K	$67K
TravelLn 17	$10K	$10K
InterestLn 20	$12K	$12K
InsuranceLn 23	$8K		$8K
Other expenses (24a–d)Ln 24	$74K	$9K	$65K
All other expensesLn 24e	$6K	$3K	$3K
Total functional expensesLn 25	$300K	$162K	$138K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 LatestFiled with the IRS Aug 12, 2026	$427K	$332K	$95K	$253K	990 PDF
FY2024Filed with the IRS Jan 23, 2025	$436K	$452K	−$16K	$156K	990 PDF
FY2023Filed with the IRS Feb 13, 2024	$384K	$427K	−$42K	$173K	990 PDF
FY2022Filed with the IRS Feb 13, 2023	$390K	$387K	$3K	$215K	990 PDF
FY2021Filed with the IRS Feb 11, 2022	$332K	$509K	−$177K	$212K	990 PDF
FY2020 ViewingFiled with the IRS Jan 14, 2021	$354K	$300K	$54K	$389K	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2020 990

Part I · Summary $353,588 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $385,931$335,706

I-9 Program service revenuePrior year $0$15,000

I-10 Investment incomePrior year $6,076$2,882

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $392,007$353,588

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $291,541$299,747

I-18 Total expensesPrior year $291,541$299,747

I-19 Revenue less expensesPrior year $100,466$53,841

Part VI · Governance 18 of 18 board members independent, 3 to look at

VI-1a Voting members of the governing body18

VI-1b Independent voting members18

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

Part VIII · Statement of revenue $353,588 across 6 lines filed

VIII-1e Government grants$116,000

VIII-1f All other contributions, gifts and grants$219,706

VIII-1h Total contributions, gifts and grants$335,706

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,000$15,000

VIII-3 Investment incomeExcluded from tax $2,882$2,882

VIII-12 Total revenueRelated to mission $15,000 · Unrelated business $0 · Excluded from tax $2,882$353,588

Part IX · Statement of functional expenses $299,747 across 11 lines filed

IX-11b Legal feesManagement $3,385$3,385

IX-11c Accounting feesManagement $6,000$6,000

IX-11g Other fees for servicesPrograms $20,389 · Management $27,286$47,675

IX-12 Advertising and promotionPrograms $29,496$29,496

IX-13 Office expensesPrograms $10,836 · Management $24,735$35,571

IX-16 OccupancyPrograms $67,443$67,443

IX-17 TravelPrograms $9,517$9,517

IX-20 InterestPrograms $12,097$12,097

IX-23 InsuranceManagement $8,149$8,149

IX-24 Other expenses (24a–d)Programs $8,923 · Management $65,021$73,944

IX-24e All other expensesPrograms $2,975 · Management $3,495$6,470

IX-25 Total functional expensesPrograms $161,676 · Management $138,071 · Fundraising $0$299,747

Part X · Balance sheet $654,203 assets, 11 lines filed

X-1 Cash, non-interest-bearingStart of year $632,729$652,703

X-4 Accounts receivableStart of year $325$1,500

X-10c Land, buildings and equipment, netStart of year $0$0

X-16 Total assetsStart of year $633,054$654,203

X-17 Accounts payable and accrued expensesStart of year $5,152$15,974

X-24 Unsecured notes and loans payableStart of year $290,503$249,489

X-26 Total liabilitiesStart of year $298,155$265,463

X-27 Net assets without donor restrictionsStart of year $334,899$383,740

X-28 Net assets with donor restrictions$5,000

X-32 Total net assets or fund balancesStart of year $334,899$388,740

X-33 Total liabilities and net assetsStart of year $633,054$654,203

Part XI · Reconciliation of net assets $388,740 net assets at year end

XI-1 Total revenue$353,588

XI-2 Total expenses$299,747

XI-3 Revenue less expenses$53,841

XI-4 Net assets at start of year$334,899

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$388,740

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Regional Economic Development Incorporated FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Regional Economic Development Incorporated

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV