Council for Economic Development
TO PROMOTE ECONOMIC DEVELOPMENT IN HANCOCK COUNTY BY PROVIDING SITE ASSISTANCE, COST OF DOING BUSINESS ANALYSIS, AND ECONOMIC IMPACT MODELING TO SITE LOCATION CONSULTANTS, THE CORPORATE REAL ESTATE COMMUNITY, AND INDIVIDUAL BUSINESSES. WE SERVE AS A LIAISON BETWEEN LOCAL GOVERNMENT AND THE BUSINESS COMMUNITY. OUR MISSION IS TO ENHANCE THE QUALITY OF LIFE IN HANCOCK COUNTY THROUGH THE ATTRACTION AND RETENTION OF QUALITY JOBS AND PROMOTION OF A DIVERSIFIED TAX BASE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$389K
+52.5% YoY
Revenue
$639K
+34.2% YoY
Net Investment Income
$6K
+311.2% YoY
Expenses
$502K
+19.2% YoY
About Council for Economic Development
Based on IRS filings
Council for Economic Development is a nonprofit organization, based in GREENFIELD, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $389K in total assets. Net investment income was $6K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $388,571 | $254,839 | $197,838 |
| Revenue | $639,100 | $476,146 | $282,440 |
| Expenses | $501,691 | $420,834 | $334,978 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,016 | $1,463 | $129 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RANDALL SORRELL | EXECUTIVE DI | — | $109,815 |
| RYAN BERRY | MEMBER | — | — |
| MARIA BOND | MEMBER | — | — |
| DRAKE BRANDA | MEMBER | — | — |
| MICHAEL BURROW | MEMBER | — | — |
| ROBERT ERVIN | MEMBER | — | — |
| MIKE GRAF | MEMBER | — | — |
| MIKE JONES | MEMBER | — | — |
| JASON KOCH | MEMBER | — | — |
| DR JACK PARKER | MEMBER | — | — |
| JIM ROBINSON | MEMBER | — | — |
| JIM SHELBY | MEMBER | — | — |
| CRAIG SMITH | MEMBER | — | — |
| JEFFERY SOMERS | MEMBER | — | — |
| BILL SPALDING | TRUSTEE | — | — |
| DAVID SPENCER | MEMBER | — | — |
| GUY TITUS | MEMBER | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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