Nonprofit · EIN 43-1475001
MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · MOBERLY, MO 65270
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $273,577 | $291,081 | -$17,504 | $652,068 | $3,299 | $648,769 |
| December 31, 2024 | 990 | $351,956 | $270,083 | $81,873 | $684,789 | $18,516 | $666,273 |
| December 31, 2023 | 990 | $375,263 | $324,122 | $51,141 | $594,952 | $10,750 | $584,202 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $38,810
- Membership dues
- $38,810
- Program service revenue
- $207,250
- Investment income
- $26,905
- Other revenue
- $612
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $101,341
- Other salaries and wages
- $39,591
- Salaries, compensation and benefits (total)
- $181,102
- Professional fundraising fees
- $0
- Legal fees
- $4,498
- Accounting fees
- $15,700
- Occupancy
- $20,465
- Program services (functional)
- $189,461
- Management and general (functional)
- $90,410
- Fundraising (functional)
- $11,210
Balance sheet and other
- Total assets, start of year
- $684,789
- Total assets, end of year
- $652,068
- Total liabilities, end of year
- $3,299
- Net assets, end of year
- $648,769
- Net assets without donor restrictions
- $648,769
- Gross receipts
- $273,577
- Employees
- 2
- Year formed
- 1988
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAYLEE PAFFRATH | PRESIDENT Officer | 40 | $101,341 | $8,768 |
| SUZI MCGARVEY | CHAIRMAN Trustee or director, Officer | 0.75 | $0 | $0 |
| RAY STEWART | VICE-CHAIRMA Trustee or director, Officer | 0.75 | $0 | $0 |
| STAN HULETT | SEC/TREASURE Trustee or director, Officer | 0.75 | $0 | $0 |
| MICHAEL BUGALSKI | MEMBER Trustee or director | 0.75 | $0 | $0 |
| SID CONKLIN | MEMBER Trustee or director | 0.75 | $0 | $0 |
| MARANDA DOLLICH | MEMBER Trustee or director | 0.75 | $0 | $0 |
| BRAD GOESSLING | MEMBER Trustee or director | 0.75 | $0 | $0 |
| CLIFF MILLER | MEMBER Trustee or director | 0.75 | $0 | $0 |
| SHANE ADRIAN | MEMBER Trustee or director | 0.75 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KAYLEE PAFFRATH | PRESIDENT Officer | 40 | $89,174 | $7,997 |
| CHUCK MCKEOWN | CHAIRMAN Trustee or director, Officer | 0.75 | $0 | $0 |
| SUZI MCGARVEY | VICE-CHAIRMA Trustee or director, Officer | 0.75 | $0 | $0 |
| JB WAGGONER | MEMBER Trustee or director | 0.75 | $0 | $0 |
| RAY STEWART | SEC/TREASURE Trustee or director, Officer | 0.75 | $0 | $0 |
| SHANE ADRIAN | MEMBER Trustee or director | 0.75 | $0 | $0 |
| JOHN TRACY | MEMBER Trustee or director | 0.75 | $0 | $0 |
| BRAD GOESSLING | MEMBER Trustee or director | 0.75 | $0 | $0 |
| MEAGAN SCHMITT | MEMBER Trustee or director | 0.75 | $0 | $0 |
| RANDALL THOMPSON | MEMBER Trustee or director | 0.75 | $0 | $0 |
| CLIFF MILLER | MEMBER Trustee or director | 0.75 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RANDALL ASBURY | PAST PRESIDE Officer | 40 | $95,271 | $9,128 |
| CHUCK MCKEOWN | CHAIRMAN Trustee or director, Officer | 0.75 | $0 | $0 |
| SUZI MCGARVEY | VICE-CHAIRMA Trustee or director, Officer | 0.75 | $0 | $0 |
| JB WAGGONER | MEMBER Trustee or director | 0.75 | $0 | $0 |
| RAY STEWART | SEC/TREASURE Trustee or director, Officer | 0.75 | $0 | $0 |
| SHANE ADRIAN | MEMBER Trustee or director | 0.75 | $0 | $0 |
| JOHN TRACY | MEMBER Trustee or director | 0.75 | $0 | $0 |
| BRAD GOESSLING | MEMBER Trustee or director | 0.75 | $0 | $0 |
| BRIAN CRANE | MEMBER Trustee or director | 0.75 | $0 | $0 |
| JOE SNODGRASS | MEMBER Trustee or director | 0.75 | $0 | $0 |
| MEAGAN SCHMITT | MEMBER Trustee or director | 0.75 | $0 | $0 |
| KAYLEE PAFFRATH | PRESIDENT Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 549, MOBERLY, MO 65270-0549
- Principal officer (990 for 2025)
- KAYLEE PAFFRATH, 115 NORTH WILLIAMS ST, MOBERLY, MO 65270
- Signed the 990
- KAYLEE PAFFRATH, PRESIDENT
- Phone
- (660) 263-8811
- Website
- WWW.MOBERLY-EDC.COM
- Return prepared by
- GRIMSHAW & ASSOCIATES LLC
Mission
TO PROMOTE INVESTMENT WITHIN RANDOLPH & HOWARD COUNTIES THROUGH BOTH EXPANSION OF EXISTING BUSINESSES AS WELL AS NEW BUSINESS ATTRACTION. THESE INVESTMENTS LEAD TO CREATION OF NEW JOBS, INCREASED TAX BASE FOR TAXING JURISDICTIONS AND MUNICIPALITIES, AND DIVERSIFICATION OF THE LOCAL ECONOMY.
Program accomplishments
- IN ORDER TO PROMOTE GROWTH IN THE TWO-COUNTY REGION, MAEDC STAFF MEMBERS PROVIDE SERVICES FOR BUSINESS RETENTION AND EXPANSION, BUSINESS ATTRACTION, AND ENTREPRENEURIAL DEVELOPMENT. WITHIN THOSE ACTIVITIES, STAFF REGULARLY VISITS WITH AREA MAJOR EMPLOYERS TO PROVIDE RESOURCES LIKE LABOR REPORTS, COOPERATIVE MARKETING OPPORTUNITIES, AND SKILLS TRAINING. IN ADDITION, STAFF WORK WITH SEVERAL STATE AND REGIONAL PARTNERS TO CONDUCT CONSULTANT BRIEFINGS, FAMILIARIZATION TOURS, AND REGULARLY SUBMIT REQUESTS FOR PROPOSALS IN AN EFFORT TO GAIN SITE VISITS IN THE REGION FOR PROSPECTIVE EMPLOYERS.Expenses $189,461 · revenue $207,250
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 | 990 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
- 43-1475001
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $652,068
- Income (IRS master file)
- $273,577
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $273,577 | $291,081 | $652,068 | IRS |
| 990 | December 2024 | $351,956 | $270,083 | $684,789 | XML |
| 990 | December 2023 | $375,263 | $324,122 | $594,952 | XML |
| 990 | December 2022 | $551,103 | $420,074 | $606,314 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | 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 43-1475001).
Questions about MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION is 43-1475001.
- Is MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1988.
- Are donations to MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MOBERLY AREA 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 MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names KAYLEE PAFFRATH.
- Who are the officers and directors of MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 10 people; 1 received compensation from the organization, the highest $101,341 (KAYLEE PAFFRATH, PRESIDENT).
- How much revenue does MOBERLY AREA ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $273,577, expenses of $291,081 and total assets of $652,068 at year end.
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