MORGAN COUNTY IMPROVEMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

MORGAN COUNTY IMPROVEMENT CORPORATION

EIN 26-0090510 · Community & Neighborhood Development (S20)

What they do

THE SOLE PURPOSE for WHICH THE CORPORATION is FORMED is to ADVANCE, ENCOURAGE, and PROMOTE INDUSTRIAL, ECONOMIC, COMMERCIAL, and CIVIC DEVELOPMENT of THE COUNTY of MORGAN, and THE MUNICIPAL CORPORATIONS LOCATED THEREIN BY ACTING AS THE DESIGNATED AGENCY of THE COUNTY of MORGAN, ONE or MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, or THE COUNTY of MORGAN and ONE or MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, for THE INDUSTRIAL, COMMERCIAL, DISTRIBUTION, and RESEARCH DEVELOPMENT IN SUCH POLITICAL SUBDIVISION IN ACCORDANCE WITH SECTION 1724.10, REVISED CODE. to PROVIDE REAL PROPERTY for AN INDUSTRIAL BUILDING BEING FINANCED IN PART BY LOANS and GRANTS FROM THE STATE of OHIO. THE CORPORATION SHALL HAVE THE RIGHT to RAISE MONEY and EXPEND FUNDS for COMMUNITY PROJECTS IN MORGAN COUNTY, OHIO. OUR ACTIVITY FURTHERS OUR EXEMPT PURPOSE AS WE ARE ABLE to OBTAIN LOANS WITH LOWER THAN STANDARD INTEREST RATES and GRANTS FROM THE STATE of OHIO to FINANCE THE REAL PROPERTY, WHICH IN TURN ALLOWS THE CO

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $97.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

41.97%of revenue went to mission work97.9% of expenses · Program services

$42.86spent for every $100 of revenueRevenue covered expenses this year.

0.89%of revenue went to management and office costs2.1% of expenses

$32.21in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $2,400 for KELSEY WELLS (BOARD MEMBER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$270,540

Mission workProgram services$113,54341.97% of revenue97.9% of expenses

ManagementOffice and general costs$2,4000.89% of revenue2.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$154,59757.14% of revenueShown in gray on the chart

Total expenses$115,94342.86% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 97.9% mission · 2.1% management · 0.0% fundraisingTotal expenses: 42.86% of revenue

2024Expense mix: 98.2% mission · 1.8% management · 0.0% fundraisingTotal expenses: 46.03% of revenue

2023Expense mix: 99.6% mission · 0.4% management · 0.0% fundraisingTotal expenses: 64.80% of revenue

2022Expense mix: 98.5% mission · 1.5% management · 0.0% fundraisingTotal expenses: 43.01% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 41.44% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 140.95% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 50.57% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 65.14% of revenue

Money in and money out

Revenue$270,540

Expenses$115,943

Annual surplus $154,597 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$113,543 · 97.9% of expenses

Management and office costs$2,400 · 2.1% of expenses

See all reported dollar amounts

Revenue$270,540

Expenses$115,943

Assets$3,734,992

Income$270,540

Mission work (program services)$113,543

Grants given$119,543

Average grant$59,772

Management and general$2,400

Accounting fees$5,112

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KELSEY WELLSBOARD MEMBER · 1 hrs/week $2,400

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (10)

KELSEY WELLSBOARD MEMBER

ADAM SHRIVERBOARD MEMBER

BERNIE ANDERSONBOARD MEMBER

CECIL MAYLEBOARD MEMBER

CHASITY MAYLEBOARD MEMBER

DEAN PONCHAKBOARD MEMBER

MARK HOWDYSHELLBOARD MEMBER

RICHARD WELSHBOARD MEMBER

SARAH HARLOWBOARD MEMBER

STEVE WILLIAMSBOARD MEMBER

About this charity

Recognized since: January 2015
Location: 155 E MAIN ST RM 135 STE B, MCCONNELSVLE, OH 43756-2200
County: Morgan
In care of: % MIKE WORKMAN
Primary officer: KELSEY WELLS, BOARD MEMBER/TREAS

How to reach them

Phone(740) 962-6772 Officer phone(740) 624-6607

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: HAMILTON WALTMAN OBENOUR & MELSHEIMER
NTEE classification: Community & Neighborhood Development (S20)
IRS tax category: Community & Neighborhood Development
Grant-giving organization: Yes