Tri-County Regional Development Council FY2023 filing

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Tri-County was organized to enhance communities and economic Development efforts in the district by supporting and coordinating activities with other organizations, agencies, and individuals directed towards the positive, cooperative, long term Development of the district.

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
74¢ of each $1 spent went to programs.
$119K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $16K a year · 5% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
74%
of spending
Fine: 74% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$119K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.0 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$22K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$307K
-29% vs prior year
Spent
$417K
To programs
74%
Net assets
$206K
By yearFY2020–FY2024
Revenue
$307K
FY2023▼ -29%
Tap a bar for its year
Revenue by fiscal year
FY2020$340K
FY2021$316K
FY2022$431K
FY2023$307K
FY2024$340K
Expenses
$417K
FY2023▼ -3%
Tap a bar for its year
Expenses by fiscal year
FY2020$253K
FY2021$366K
FY2022$428K
FY2023$417K
FY2024$349K
Net assets
$206K
FY2023▼ -34%
Tap a bar for its year
Net assets by fiscal year
FY2020$362K
FY2021$311K
FY2022$314K
FY2023$206K
FY2024$182K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 1993.

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

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $309K Management & general 26% · $109K

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

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Who runs it and what they're paid

19 people listed on the 990; $119K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$119,433Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Vice-Chairma
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Everette Enno$121,261$119,433$83,642$83,642$79,659

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 Tri-County Regional Development Council 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 15aYes

Programs and updates

Enhances communities and economic development by coordinating efforts with others for positive, long-term growth.

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Provided by the organization

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1 program · $309K · in their own filed words · FY2023
01

Comprehensive regional planning and grants administration for a three county region. Provide community and economic development and other technical assistance.

$309Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $48K · 2023–2024

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$307K
Ln 12
Gifts and grantsLn 1h$229K
Fees for servicesLn 2g$73K
Investment incomeLn 3$5K
Money outPt IX
$417K
Ln 25
Programscol B$309K
Managementcol C$109K
Owns and owesPt X
$206K
net assets · Ln 32
Cash and savingsLn 1–2$71K
Total assetsLn 16$228K
LiabilitiesLn 26$22K
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$229K
Government grantsLn 1e$218K
Fees for servicesLn 2g$73K
Investment incomeLn 3$5K
Total revenueLn 12$307K
Assets in detailPt X, end of year
CashLn 1$308
SavingsLn 2$71K
Cash and savings togetherLn 1–2$71K
Land, buildings, equipmentLn 10c$8K
Total assetsLn 16$228K
LiabilitiesLn 26$22K
Net assetsLn 32$206K
OperationsPt I, VI
EmployeesI 54
VolunteersI 626
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$167K$71K
Land, buildings, equipmentLn 10c$11K$8K
Total assetsLn 16$329K$228K
LiabilitiesLn 26$15K$22K
Net assetsLn 32$314K$206K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$11K$11K
Pay of current officers, directors and key staffLn 5$125K$113K$13K
Other salaries and wagesLn 7$107K$53K$53K
Pension plan contributionsLn 8$4K$2K$2K
Other employee benefitsLn 9$28K$14K$14K
Payroll taxesLn 10$15K$9K$6K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$36K$36K
Office expensesLn 13$6K$3K$3K
OccupancyLn 16$1K$600$600
TravelLn 17$7K$4K$4K
Depreciation, depletion and amortizationLn 22$3K$2K$2K
InsuranceLn 23$895$447$448
Other expenses (24a–d)Ln 24$72K$62K$10K
Total functional expensesLn 25$417K$309K$109K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $340K$349K−$9K$182K 990 PDF
FY2023 Viewing $307K$417K−$110K$206K 990 PDF
FY2022 $431K$428K$3K$314K 990 PDF
FY2021 $316K$366K−$50K$311K 990 PDF
FY2020 $340K$253K$87K$362K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $307,173 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $361,556$228,516
I-9 Program service revenuePrior year $67,946$73,286
I-10 Investment incomePrior year $1,028$5,371
I-11 Other revenue$0
I-12 Total revenuePrior year $430,530$307,173
I-13 Grants and similar amounts paid$10,624
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $289,376$278,656
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $138,545$127,759
I-18 Total expensesPrior year $427,921$417,039
I-19 Revenue less expensesPrior year $2,609−$109,866
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-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $307,173 across 6 lines filed
VIII-1e Government grants$217,892
VIII-1f All other contributions, gifts and grants$10,624
VIII-1h Total contributions, gifts and grants$228,516
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $73,286$73,286
VIII-3 Investment incomeExcluded from tax $5,371$5,371
VIII-12 Total revenueRelated to mission $73,286 · Excluded from tax $5,371$307,173
Part IX · Statement of functional expenses $417,039 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $10,624$10,624
IX-5 Pay of current officers, directors and key staffPrograms $112,759 · Management $12,529$125,288
IX-7 Other salaries and wagesPrograms $53,335 · Management $53,336$106,671
IX-8 Pension plan contributionsPrograms $2,133 · Management $2,133$4,266
IX-9 Other employee benefitsPrograms $13,867 · Management $13,868$27,735
IX-10 Payroll taxesPrograms $8,818 · Management $5,878$14,696
IX-11c Accounting feesManagement $1,882$1,882
IX-11g Other fees for servicesPrograms $35,786$35,786
IX-13 Office expensesPrograms $2,907 · Management $2,908$5,815
IX-16 OccupancyPrograms $600 · Management $600$1,200
IX-17 TravelPrograms $3,681 · Management $3,681$7,362
IX-22 Depreciation, depletion and amortizationPrograms $1,614 · Management $1,615$3,229
IX-23 InsurancePrograms $447 · Management $448$895
IX-24 Other expenses (24a–d)Programs $61,955 · Management $9,635$71,590
IX-25 Total functional expensesPrograms $308,526 · Management $108,513 · Fundraising $0$417,039
Part X · Balance sheet $228,077 assets, 14 lines filed
Asset lines not itemized here account for $138,197; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $129,955$308
X-2 Savings and temporary cash investmentsStart of year $36,833$70,530
X-3 Pledges and grants receivable$10,624
X-9 Prepaid expenses and deferred chargesStart of year $600$600
X-10c Land, buildings and equipment, netStart of year $11,047$7,818
X-16 Total assetsStart of year $329,318$228,077
X-17 Accounts payable and accrued expenses$5,596
X-19 Deferred revenueStart of year $20$20
X-25 Other liabilitiesStart of year $15,396$16,525
X-26 Total liabilitiesStart of year $15,416$22,141
X-27 Net assets without donor restrictionsStart of year $65,008$22,685
X-28 Net assets with donor restrictionsStart of year $248,894$183,251
X-32 Total net assets or fund balancesStart of year $313,902$205,936
X-33 Total liabilities and net assetsStart of year $329,318$228,077
Part XI · Reconciliation of net assets $205,936 net assets at year end
XI-1 Total revenue$307,173
XI-2 Total expenses$417,039
XI-3 Revenue less expenses−$109,866
XI-4 Net assets at start of year$313,902
XI-8 Prior period adjustments$1,900
XI-10 Net assets at end of year$205,936

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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