Nonprofit · EIN 20-2172998
LIBERTY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · LIBERTY, MO 64068
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $202,861 | $197,085 | $5,776 | $73,398 | $6,286 | $67,112 |
| December 31, 2023 | 990 | $187,840 | $198,915 | -$11,075 | $66,844 | $5,508 | $61,336 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $200,565
- of which government grants
- $86,250
- Membership dues
- $113,750
- Program service revenue
- $0
- Investment income
- $2,296
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $136,776
- Salaries, compensation and benefits (total)
- $160,080
- Professional fundraising fees
- $0
- Accounting fees
- $5,030
- Occupancy
- $9,909
- Travel
- $2,940
- Program services (functional)
- $159,461
- Management and general (functional)
- $21,250
- Fundraising (functional)
- $16,374
Balance sheet and other
- Total assets, start of year
- $66,844
- Total assets, end of year
- $73,398
- Total liabilities, end of year
- $6,286
- Net assets, end of year
- $67,112
- Net assets without donor restrictions
- $67,112
- Gross receipts
- $202,861
- Employees
- 2
- State of legal domicile
- MO
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR RAGHU ADIGA | DIRECTOR Trustee or director | – | $0 |
| GREG CANUTESON | DIRECTOR Trustee or director | – | $0 |
| INA CAVIN | DIRECTOR Trustee or director | – | $0 |
| GREG CROWLEY | PAST CHAIRMA Trustee or director, Officer | – | $0 |
| SHANE DAVOLT | DIRECTOR Trustee or director | – | $0 |
| AUSTIN FEE | DIRECTOR Trustee or director | – | $0 |
| JOHN FISHER | DIRECTOR Trustee or director | – | $0 |
| MATT FORTIER | TREASURER Trustee or director, Officer | – | $0 |
| KRISTIE GRIBBLE | DIRECTOR Trustee or director | – | $0 |
| MARK HARDING | DIRECTOR Trustee or director | – | $0 |
| DAN HEGEMAN | DIRECTOR Trustee or director | – | $0 |
| WALTER HOLT | DIRECTOR Trustee or director | – | $0 |
| DENNIS MCINTIRE | VICE CHAIRMA Trustee or director, Officer | – | $0 |
| KENT PETERSON | CHAIRMAN Trustee or director, Officer | – | $0 |
| GAYLE POTTER | DIRECTOR Trustee or director | – | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TONY REINHART | DIRECTOR Trustee or director | – | $0 |
| JIM RUCKER | SECRETARY Trustee or director, Officer | – | $0 |
| DEREK SCHOENBERG | DIRECTOR Trustee or director | – | $0 |
| BRANDON SMITH | DIRECTOR Trustee or director | – | $0 |
| ELLEN TODD | DIRECTOR Trustee or director | – | $0 |
| DR JEREMY TUCKER | DIRECTOR Trustee or director | – | $0 |
| MICHAEL VANBUSKIRK | DIRECTOR Trustee or director | – | $0 |
| DR ELIZABETH MACLEOD WALLS | DIRECTOR Trustee or director | – | $0 |
| CURT WENSON | DIRECTOR Trustee or director | – | $0 |
| GERALD WICKLUND | DIRECTOR Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR RAGHU ADIGA | DIRECTOR Trustee or director, Officer | – | $0 |
| GREG CANUTESON | DIRECTOR Trustee or director, Officer | – | $0 |
| GREG CROWLEY | CHAIRMAN Trustee or director, Officer | – | $0 |
| SHANE DAVOLT | DIRECTOR Trustee or director | – | $0 |
| JOHN FISHER | DIRECTOR Trustee or director | – | $0 |
| MATT FORTIER | DIRECTOR Trustee or director | – | $0 |
| ED GRUSCH | DIRECTOR Trustee or director | – | $0 |
| MARK HARDING | DIRECTOR Trustee or director | – | $0 |
| DAN HEGEMAN | DIRECTOR Trustee or director | – | $0 |
| WALTER HOLT | DIRECTOR Trustee or director | – | $0 |
| ANDY HRASKY | DIRECTOR Trustee or director, Officer | – | $0 |
| MIKENNA MCENTEE | DIRECTOR Trustee or director | – | $0 |
| DENNIS MCINTIRE | TREASURER Trustee or director, Officer | – | $0 |
| KENT PETERSON | VICE CHAIRMA Trustee or director, Officer | – | $0 |
| GAYLE POTTER | DIRECTOR Trustee or director | – | $0 |
| TONY REINHART | PAST CHAIRMA Trustee or director, Officer | – | $0 |
| JIM RUCKER | SECRETARY Trustee or director, Officer | – | $0 |
| BRENDA SLIVINSKI | DIRECTOR Trustee or director | – | $0 |
| BRANDON SMITH | DIRECTOR Trustee or director, Officer | – | $0 |
| ELLEN TODD | DIRECTOR Trustee or director | – | $0 |
| DR JEREMY TUCKER | DIRECTOR Trustee or director | – | $0 |
| DR ELIZABETH MACLEOD WALLS | DIRECTOR Trustee or director | – | $0 |
| CURT WENSON | DIRECTOR Trustee or director | – | $0 |
| GERALD WICKLUND | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 5 VICTORY LN STE 103, LIBERTY, MO 64068-3804
- Principal officer (990 for 2024)
- RALPH BOOTS
- Signed the 990
- RALPH BOOTS, EXECUTIVE DIRECTOR
- Phone
- (816) 883-2503
- Website
- WWW.THINKLIBERTYMO.COM
- Return prepared by
- FROESCHL CPAS & ADVISORS
Mission
INCREASE ECONOMIC DEVELOPMENT IN CLAY COUNTY MISSOURI AND LIBERTY MISSOURI IN PARTICULAR
Program accomplishments
- ACTIVITIES TO PROMOTE AND INCREASE ECONOMIC DEVELOPMENT IN THE LIBERY, MO AREA THROUGH ADVERTISING AND MARKETING AT INDUSTRY CONFERENCES.
- LINK BUSINESS FACILITATION OFFERS ONE-ON-ONE CONFIDENTIAL ASSISTANCE TO SMALL BUSINESSES IN THE LIBERTY, MISSOURI AREA.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2172998
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $73,398
- Income (IRS master file)
- $202,861
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $202,861 | $197,085 | $73,398 | XML |
| 990 | December 2023 | $187,840 | $198,915 | $66,844 | XML |
| 990 | December 2022 | $217,855 | $214,837 | $77,702 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2172998).
Questions about LIBERTY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of LIBERTY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of LIBERTY ECONOMIC DEVELOPMENT CORPORATION is 20-2172998.
- Is LIBERTY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2005.
- Are donations to LIBERTY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LIBERTY ECONOMIC DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LIBERTY ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIBERTY ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LIBERTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names RALPH BOOTS.
- Who are the officers and directors of LIBERTY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 25 people; 0 received compensation from the organization.
- How much revenue does LIBERTY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $202,861, expenses of $197,085 and total assets of $73,398 at year end.
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All nonprofits in LIBERTY · Missouri · Community improvement and capacity building