ECONOMIC DEVELOPMENT COUNCIL OFTALLAHASSEE-LEON COUNTY INC Charity Report

Public IRS 990 nonprofit record

ECONOMIC DEVELOPMENT COUNCIL OFTALLAHASSEE-LEON COUNTY INC

EIN 59-3374108 · Economic Development

What they do

BUSINESS DEVELOPMENT & JOB CREATION THE COUNCIL HAS CEASED NORMAL OPERATIONS and is IN THE PROCESS of DISSOLVING. - BUSINESS DEVELOPMENT & JOB CREATION

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $64.40 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 2015The report may be old. Ask for a newer one.

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

They name their leaders55 people are listed in the latest report.

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

Money made simple

147.44%of revenue went to mission work64.4% of expenses · Program services

$228.83spent for every $100 of revenueSpending was higher than revenue this year.

81.39%of revenue went to management and office costs35.6% of expenses

$0.42in 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.

Worth asking: Expenses exceeded revenue by $202,654 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $25,574 for GEORGE R COTTON SR (DIRECTOR). 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 2015

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$157,298

Mission workProgram services$231,928147.44% of revenue64.4% of expenses

ManagementOffice and general costs$128,02481.39% of revenue35.6% of expenses

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

Total expenses$359,952228.83% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Money in and money out

Revenue$157,298

Expenses$359,952

Annual shortfall $202,654 Expenses were higher than revenue 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)$231,928 · 64.4% of expenses

Management and office costs$128,024 · 35.6% of expenses

See all reported dollar amounts

Revenue$157,298

Expenses$359,952

Assets$152,295

Income$178,653

Mission work (program services)$231,928

Management and general$128,024

Executive compensation (total)$161,729

Accounting fees$37,710

People

Leadership and board

Tax year 2015

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

People reported as paid

Person and titleCompensation

GEORGE R COTTON SRDIRECTOR · 12 hrs/week $25,574Base $22,474 · Other $3,100

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 (55)

GEORGE R COTTON SRDIRECTOR

PAUL SULLIVANDIRECTOR

JULIE CONLEYDIRECTOR

KAREN MOOREDIRECTOR

KATHY BELLDIRECTOR

KATRINA ROLLEDIRECTOR

KIM RIVERSDIRECTOR

KIMBERLY MOOREDIRECTOR

KRISTEN DOZIERDIRECTOR

MARC PAULDIRECTOR

MARK OBRYANTEDC INVESTOR

MARK ROBINSONDIRECTOR

MARK WILSONDIRECTOR

NANCY MILLERDIRECTOR

JOHN SHUFFDIRECTOR

PAUL WATTSDIRECTOR

REGGIE BOUTHILLIERDIRECTOR

RICK MOOREDIRECTOR

RON SACHSDIRECTOR

SAMMIE DIXON JRDIRECTOR

SAMUEL ROGERS JRDIRECTOR

SKIP FOSTERDIRECTOR

THOMAS PENNEKAMPDIRECTOR

TRACY A BENSLEYEDC SECRETAR

TRIPP TRANSOUDIRECTOR

VERNEA RANDOLPHDIRECTOR

VINCE LONGDIRECTOR

WINSTON HOWELLDIRECTOR

DARNELL SMITHDIRECTOR

ANDRA CORNELIUSDIRECTOR

ANDREW GILLUMDIRECTOR

ANITA FAVORS THOMPSONDIRECTOR

ANNE LONGMANDIRECTOR

BENNETT NAPIERDIRECTOR

BILL MOOREDC TREASURE

BOB HUDSONDIRECTOR

CARRMEN BRASWELL BUTLERDIRECTOR

CECILIA HOMISONEDC CHAIR

CHRIS ELDREDDIRECTOR

CHUCK URBANDIRECTOR

CLAUDE WALKERDIRECTOR

DANIEL LANGSTONDIRECTOR

JT BURNETTEDIRECTOR

DAVID A GARDNERDIRECTOR

ED CANUPDIRECTOR

GARY K OSTRANDEREDC CHAIR-EL

GREG JAAPDIRECTOR

IAN C DONKINDIRECTOR

JACKIE PONSDIRECTOR

JAMES F THIELENDIRECTOR

JIM MCSHANEDIRECTOR

JIM MURDAUGHIMMEDIATE PA

JOHN DAILEYDIRECTOR

JOHN HOGANDIRECTOR

JOHN MCFARLAINDIRECTOR

About this charity

Location: PO BOX 1639, TALLAHASSEE, FL 323021639
County: Leon
In care of: TRACY A BENSLEY

How to reach them

WebsiteVisit the charity’s website Phone(850) 224-8116

Filing and classification

Latest tax year: 2015
Tax period began: October 1, 2015
Tax preparer: PURVIS GRAY & COMPANY LLP
IRS tax category: Economic Development