philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Morgan County Economic Development Corporation

Not tax-deductible

Fort Morgan, CO501(c)(6)Since 1962EIN 84-0565221Revenue $291K in FY2025

On file with the IRSmorgancountyinfo.com118 W Railroad Ave, 80701-2127 · Fort Morgan, COTax-exempt since Jan 1968

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To promote Morgan County by serving as the primary coordinator of information and resources for new and expanding businesses to optimize the activities of Economic and community Development for the enrichment of its businesses and residents.

47¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

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
6 of 6
filings with a surplus
Average surplus $43K a year · 17% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
47%
of spending
Concern: 47% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
21 mo
of spending, in cash
Looks good: 20.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$196K
12% of total assets
Looks good: liabilities are 12% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$291K
-48% vs prior year
Spent
$279K
To programs
47%
Net assets
$1.5M
By yearFY2020–FY2025
Revenue
$291K
FY2025▼ -48%
Tap a bar for its year
Revenue by fiscal year
FY2020$158K
FY2021$172K
FY2022$153K
FY2023$185K
FY2024$564K
FY2025$291K
Expenses
$279K
FY2025▼ -39%
Tap a bar for its year
Expenses by fiscal year
FY2020$87K
FY2021$117K
FY2022$140K
FY2023$184K
FY2024$459K
FY2025$279K
Net assets
$1.5M
FY2025▼ -1%
Tap a bar for its year
Net assets by fiscal year
FY2020$273K
FY2021$327K
FY2022$341K
FY2023$342K
FY2024$1.5M
FY2025$1.5M

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1968.

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

Where the money goes

47 cents of each dollar spent went to programs.

Program services 47% · $132K Management & general 53% · $147K

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

14 people listed on the 990.

Part VII, Section A · reportable compensation
Mike Blecha
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Sandy Engle
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Tim Malone
Director
$0Pt VII · Sec A
Leslie Mason
Director
$0Pt VII · Sec A
Craig Miller
Director
$0Pt VII · Sec A
Lee Parriera
Director
$0Pt VII · Sec A
See Morgan County Economic Development Corporation executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Connects businesses with information and resources to boost economic and community growth.

Questions for Morgan County Economic Development Corporation

Tap to ask. Morgan County Economic Development Corporation sees how many people are interested.

Your first name shows with your question. Morgan County Economic Development Corporation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $132K · in their own filed words · FY2025
01

Business retention and expansion; infrastructure development; and collaboration with local governments.

$132Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$291K
Ln 12
Gifts and grantsLn 1h$182K
Other incomeLn 4–11$62K
Fees for servicesLn 2g$42K
Money outPt IX
$279K
Ln 25
Programscol B$132K
Managementcol C$147K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$478K
Total assetsLn 16$1.7M
LiabilitiesLn 26$196K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$182K
Government grantsLn 1e$38K
Fees for servicesLn 2g$42K
Investment incomeLn 3$6K
Other incomeLn 4–11$62K
Total revenueLn 12$291K
Assets in detailPt X, end of year
CashLn 1$841
SavingsLn 2$477K
Cash and savings togetherLn 1–2$478K
Land, buildings, equipmentLn 10c$316K
Total assetsLn 16$1.7M
LiabilitiesLn 26$196K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 53
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 FY25End FY25
Cash and savingsLn 1–2$456K$478K
Land, buildings, equipmentLn 10c$290K$316K
Total assetsLn 16$1.7M$1.7M
LiabilitiesLn 26$206K$196K
Net assetsLn 32$1.5M$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$166K$83K$83K
Other employee benefitsLn 9$9K$4K$4K
Payroll taxesLn 10$17K$8K$8K
Legal feesLn 11b$43$43
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$10K$10K
Office expensesLn 13$6K$6K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$4K$4K
InterestLn 20$14K$14K
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$8K$4K$4K
Other expenses (24a–d)Ln 24$28K$19K$8K
All other expensesLn 24e$7K$778$6K
Total functional expensesLn 25$279K$132K$147K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $291K$279K$12K$1.5M 990 PDF
FY2024 $564K$459K$105K$1.5M 990 PDF
FY2023 $185K$184K$1K$342K 990 PDF
FY2022 $153K$140K$14K$341K 990 PDF
FY2021 $172K$117K$55K$327K 990 PDF
FY2020 $158K$87K$71K$273K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $291,184 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $467,433$182,153
I-9 Program service revenue$41,779
I-10 Investment incomePrior year $55,281$5,750
I-11 Other revenuePrior year $41,526$61,502
I-12 Total revenuePrior year $564,240$291,184
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $170,951$192,006
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $288,371$86,739
I-18 Total expensesPrior year $459,322$278,745
I-19 Revenue less expensesPrior year $104,918$12,439
Part VI · Governance 13 of 13 board members independent, 4 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-12a Written conflict of interest policyNo
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
Part VIII · Statement of revenue $291,184 across 7 lines filed
Lines not itemized here account for $1,093 of total revenue; see the IRS return.
VIII-1e Government grants$37,648
VIII-1f All other contributions, gifts and grants$144,505
VIII-1h Total contributions, gifts and grants$182,153
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $41,779$41,779
VIII-3 Investment incomeExcluded from tax $5,750$5,750
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $53,852 · Excluded from tax $6,557$60,409
VIII-12 Total revenueRelated to mission $96,724 · Excluded from tax $12,307$291,184
Part IX · Statement of functional expenses $278,745 across 14 lines filed
IX-7 Other salaries and wagesPrograms $83,148 · Management $83,149$166,297
IX-9 Other employee benefitsPrograms $4,432 · Management $4,433$8,865
IX-10 Payroll taxesPrograms $8,422 · Management $8,422$16,844
IX-11b Legal feesManagement $43$43
IX-11c Accounting feesManagement $1,865$1,865
IX-12 Advertising and promotionPrograms $10,454$10,454
IX-13 Office expensesManagement $6,083$6,083
IX-17 TravelPrograms $1,830$1,830
IX-19 Conferences, conventions and meetingsManagement $3,673$3,673
IX-20 InterestManagement $14,175$14,175
IX-22 Depreciation, depletion and amortizationManagement $6,529$6,529
IX-23 InsurancePrograms $3,850 · Management $3,851$7,701
IX-24 Other expenses (24a–d)Programs $19,032 · Management $8,482$27,514
IX-24e All other expensesPrograms $778 · Management $6,094$6,872
IX-25 Total functional expensesPrograms $131,946 · Management $146,799 · Fundraising $0$278,745
Part X · Balance sheet $1,659,600 assets, 11 lines filed
Asset lines not itemized here account for $822,586; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $3,449$841
X-2 Savings and temporary cash investmentsStart of year $452,290$476,759
X-4 Accounts receivableStart of year $60,447$43,491
X-10c Land, buildings and equipment, netStart of year $290,421$315,923
X-16 Total assetsStart of year $1,688,731$1,659,600
X-17 Accounts payable and accrued expensesStart of year $7,538$2,337
X-25 Other liabilitiesStart of year $198,786$193,996
X-26 Total liabilitiesStart of year $206,324$196,333
X-27 Net assets without donor restrictionsStart of year $1,482,407$1,463,267
X-32 Total net assets or fund balancesStart of year $1,482,407$1,463,267
X-33 Total liabilities and net assetsStart of year $1,688,731$1,659,600
Part XI · Reconciliation of net assets $1,463,267 net assets at year end
XI-1 Total revenue$291,184
XI-2 Total expenses$278,745
XI-3 Revenue less expenses$12,439
XI-4 Net assets at start of year$1,482,407
XI-8 Prior period adjustments−$31,579
XI-10 Net assets at end of year$1,463,267

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

Similar organizations you could support · Compare with another nonprofit

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.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.