Madison County Future Inc

Address
730 Keny Blvd
London, OH 431408423
Contact
Phone: +1 (740) 852-2250
Nonprofit
NTEE: S30 - Economic Development
EIN: 30-0591175

Mission

TO ADVANCE THE ECONOMIC
 20162015201420132012
Basic features of the organization
Year of formation2008
Subsection code03
PF filing required0    
Metropolitan statistical area1840
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$54,700.00$55,481.00$52,231.00$5,769.00 
Sum of reportable (W2/1099) compensation$54,700.00$55,481.00$53,431.00$5,869.00$0.00
Number of employees11110
Number of people compensated >$100k    0
Number of volunteers000015
Personnel
Beathard, Bill
Title   MEMBERMEMBER
Name of key/compensated person   BILL BEATHARDBILL BEATHARD
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Bennett, Mark
Title   TREASURERVICE-PRESIDENT
Name of key/compensated person   MARK BENNETTMARK BENNETT
Position of compensated person
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Boerger, Mike
Title   MEMBERMEMBER
Name of key/compensated person   MIKE BOERGERMIKE BOERGER
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Closser, Pat
TitleSecretarySecretary   
Name of key/compensated personPAT CLOSSERPAT CLOSSER   
Position of compensated person
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Denes, Rudy
Title   MEMBER 
Name of key/compensated person   RUDY DENES 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   1.00 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Dixon, John
Title   MEMBERMEMBER
Name of key/compensated person   JOHN DIXONJOHN DIXON
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Forest, Mark
Title    MEMBER
Name of key/compensated person    MARK FOREST
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Forrest, Mark
TitleVice PresidentVice PresidentVice PresidentMEMBER 
Name of key/compensated personMARK FORRESTMARK FORRESTMARK FORRESTMARK FORREST 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org1.001.001.001.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Hamilton, Devin
Title   SECRETARYSECRETARY
Name of key/compensated person   DEVIN HAMILTONDEVIN HAMILTON
Position of compensated person
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Hockenbery, Scott
Title   VICE PRESIDENT 
Name of key/compensated person   SCOTT HOCKENBERY 
Position of compensated person
Average hours per week working for org   1 
Hughes, Sean
Title   EXECUTIVE DIRECTOREXECUTIVE DIRECTOR
Name of key/compensated person   SEAN HUGHESSEAN HUGHES
Position of compensated person
Average hours per week working for org   35.0035.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$53,210.00
Johnson, Ben
Title   MEMBERMEMBER
Name of key/compensated person   BEN JOHNSONBEN JOHNSON
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Kell, David
TitleExecutive DirectorExecutive DirectorExecutive DirectorDIRECTOR OF ECONOMIC DEVELOPMENT 
Name of key/compensated personDAVID KELLDAVID KELLDAVID KELLDAVID KELL 
Position of compensated person
Average hours per week working for org55.0055.0055.0045 
Reportable compensation from org$54,700.00$55,481.00$53,431.00$5,869.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Neff, Charlie
Title   MEMBERMEMBER
Name of key/compensated person   CHARLIE NEFFCHARLIE NEFF
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Parker, Dusty
TitlePresidentPresidentPresidentPRESIDENTPRESIDENT
Name of key/compensated personDUSTY PARKERDUSTY PARKERDUSTY PARKERDUSTY PARKERDUSTY PARKER
Position of compensated person
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Pfeil, Jeff
Title   MEMBERMEMBER
Name of key/compensated person   JEFF PFEILJEFF PFEIL
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Steele, Darlene
Title  SecretaryMEMBERMEMBER
Name of key/compensated person  DARLENE STEELEDARLENE STEELEDARLENE STEELE
Position of compensated person
Current individual trustee or director   TrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Stonecipher, Tim
Title    MEMBER
Name of key/compensated person    TIM STONECIPHER
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Wood, Kevin
TitleTreasurerTreasurerTreasurerTREASURERTREASURER
Name of key/compensated personKEVIN WOODKEVIN WOODKEVIN WOODKEVIN WOODKEVIN WOOD
Position of compensated person
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO ADVANCE THE ECONOMIC DEVELOPMENT OF MADISON COUNTY, OHIOTO ADVANCE THE ECONOMIC DEVELOPMENT OF MADISON COUNTY, OHIOTO ADVANCE THE ECONOMIC DEVELOPMENT OF MADISON COUNTY, OHIOTO ADVANCE THE ECONOMIC DEVELOPMENT OF MADISON COUNTY, OHIOTO ADVANCE THE ECONOMIC DEVELOPMENT OF MADISON COUNTY, OHIO
Program service expenses, total$533,947.00$608,073.00$697,250.00$48,006.00$75,390.00
Programs, including revenue & expenses
TO ASSIST IN COUNTY JOB CREATION, SMALL BUSINESS COUNSELING, LARGE EMPLOYER RETENTION, DEVELOPING PROJECT LEADS, SEEKING COUNTY DEVELOPMENT INVESTMENT AND DEVELOPING NEW PUBLIC INFRASTRUCTURE AND INFRASTRUCTURE IMPROVEMENTS.
Program expenses$533,947.00$608,073.00$697,250.00$48,006.00$75,390.00
Grants and allocations made    $1,000.00
Program revenue$559,085.00$625,925.00$730,434.00$60,508.00 
Program descriptionTO ASSIST IN COUNTY JOB CREATION, SMALL BUSINESS COUNSELING, LARGE EMPLOYER RETENTION, DEVELOPING PROJECT LEADS, SEEKING COUNTY DEVELOPMENT INVESTMENT AND DEVELOPING NEW PUBLIC INFRASTRUCTURE AND INFRASTRUCTURE IMPROVEMENTS.TO ASSIST IN COUNTY JOB CREATION, SMALL BUSINESS COUNSELING, LARGE EMPLOYER RETENTION, DEVELOPING PROJECT LEADS, SEEKING COUNTY DEVELOPMENT INVESTMENT AND DEVELOPING NEW PUBLIC INFRASTRUCTURE AND INFRASTRUCTURE IMPROVEMENTS.TO ASSIST IN COUNTY JOB CREATION, SMALL BUSINESS COUNSELING, LARGE EMPLOYER RETENTION, DEVELOPING PROJECT LEADS, SEEKINGN COUNTY DEVELOPMENT INVESTMENT AND DEVELOPING NEW PUBLIC INFRASTRUCTURE AND INFRASTRUCTURE IMPROVEMENTS.TO ASSIST IN COUNTY JOB CREATION, SMALL BUSINESS COUNSELING, LARGE EMPLOYER RETENTION, DEVELOPING PROJECT LEADS, SEEKINGN COUNTY DEVELOPMENT INVESTMENT AND DEVELOPING NEW PUBLIC INFRASTRUCTURE AND INFRASTRUCTURE IMPROVEMENTS.TO ASSIST IN COUNTY JOB CREATION, SMALL BUSINESS COUNSELING, LARGE EMPLOYER RETENTION, DEVELOPING PROJECT LEADS, SEEKING COUNTY DEVELOPMENT INVESTMENT AND DEVELOPING NEW PUBLIC INFRASTRUCTURE AND INFRASTRUCTURE IMPROVEMENTS.
Financial data
Revenue
Total revenue$559,085.00$625,925.00$730,434.00$60,508.00$76,198.00
Revenue from contributions (total)$87,292.00$104,266.00$94,817.00$60,508.00$76,198.00
Investment income, current yr$0.00$0.00$0.00$0.00$0.00
Total revenue from grants, etc., current yr$87,292.00$104,266.00$94,817.00$60,508.00$76,198.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$471,793.00$521,659.00$635,617.00$0.00$0.00
Net unrelated business taxable revenue    $0.00
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$559,085.00$625,925.00$730,434.00$60,508.00$102,138.00
Sources of contributions
Contributions revenue from membership dues$20,625.00$37,600.00$28,150.00$31,083.00$67,750.00
Revenue from gov't grants$66,667.00$66,666.00$66,667.00$29,425.00$176.00
Revenue from all other contributions    $8,272.00
Other types of revenue
Miscellaneous revenue (total)$471,793.00$521,659.00$635,617.00  
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$533,947.00$608,073.00$697,250.00$48,006.00$75,390.00
Total functional expenses: program service $533,947.00$608,073.00$697,250.00$48,006.00$75,390.00
Total functional expenses: management and general$0.00$0.00$0.00$0.00$0.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)   $33,328.00$56,104.00
Assets and liabilities
Total assets$104,962.00$80,139.00$60,872.00$27,581.00$13,874.00
Total assets, beginning of year$80,139.00$60,872.00$27,581.00$13,874.00$13,066.00
Total liabilities$2,415.00$2,729.00$1,314.00$1,207.00$0.00
Total liabilities, beginning of year$2,729.00$1,314.00$1,207.00 $0.00
Net assets$102,547.00$77,410.00$59,558.00$26,374.00$13,874.00
Net assets, beginning of year$77,410.00$59,558.00$26,374.00$13,874.00$13,066.00
Cash: non-interest bearing$104,962.00$80,139.00$60,872.00$27,581.00$13,874.00
Cash: non-interest bearing, beginning of year$80,139.00$60,872.00$27,581.00$13,874.00$13,066.00
Other financial variables
Revenue less expenses$25,138.00$17,852.00$33,184.00$12,502.00$808.00
Advertising (total)$4,280.00   $375.00
Accounts payable & accrued expenses$2,415.00$2,729.00$1,314.00$1,207.00 
Total net assets or fund balances$102,547.00$77,410.00$59,558.00$26,374.00$13,874.00
Payment to affiliates$445,233.00$529,016.00$618,773.00  
Governance and accountability
Number of voting members1211111113
Number of independent voting members1211111113
Cash accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Indicators for schedules (selected)
Org has controlled entityTrueTrueTrueTrueTrue
Org transacted with controlled entityTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Reason for form submission
Amended return  True  
Date e-filing submitted2017-10-062016-09-302016-02-162014-10-242013-07-25
IRS schema version2016v3.02015v2.12014v5.02013v3.12012v2.1
Filing identifier201721319349303262201611349349306356201533179349303743201432259349301718201301229349301005
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