Nonprofit · EIN 61-1034835
MURRAY-CALLOWAY ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · MURRAY, KY 42071
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $843,714 | $801,681 | $42,033 | $16,057,351 | $7,452,227 | $8,605,124 |
| December 31, 2023 | 990 | $833,228 | $802,163 | $31,065 | $16,658,698 | $8,095,607 | $8,563,091 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $56,915
- Membership dues
- $16,000
- Program service revenue
- $0
- Investment income
- $74,043
- Net rental income
- $712,756
- Other revenue
- $712,756
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $178,884
- Other salaries and wages
- $19,503
- Salaries, compensation and benefits (total)
- $237,740
- Professional fundraising fees
- $0
- Accounting fees
- $4,248
- Occupancy
- $10,500
- Travel
- $9,703
- Depreciation
- $290,906
- Program services (functional)
- $515,197
- Management and general (functional)
- $286,484
Balance sheet and other
- Total assets, start of year
- $16,658,698
- Total assets, end of year
- $16,057,351
- Total liabilities, end of year
- $7,452,227
- Net assets, end of year
- $8,605,124
- Land, buildings and equipment
- $11,595,969
- Net assets without donor restrictions
- $8,605,124
- Gross receipts
- $843,714
- Employees
- 3
- Year formed
- 1981
- State of legal domicile
- KY
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 | Other / benefits |
|---|---|---|---|---|
| MARK MANNING | President | 40 | $178,884 | $24,445 |
| RICHARD CROUCH | Director Trustee or director | 1 | $0 | $0 |
| AMY FUTRELL | Secretary/Treas Trustee or director, Officer | 1 | $0 | $0 |
| TONY THOMPSON | Director Trustee or director | 1 | $0 | $0 |
| BOB JACKSON | Director Trustee or director | 1 | $0 | $0 |
| HAROLD DORAN | Director Trustee or director | 1 | $0 | $0 |
| JERRY DUNCAN | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| KENNY IMES | Director Trustee or director | 1 | $0 | $0 |
| ALICE ROUSE | Director Trustee or director | 1 | $0 | $0 |
| BOB HARGROVE | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 |
| RONNIE GIBSON | Director Trustee or director | 1 | $0 | $0 |
| BOB ROGERS | Director Trustee or director | 1 | $0 | $0 |
| DAVID TAYLOR | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK MANNING | President | 40 | $174,997 | $14,413 |
| RICHARD CROUCH | Director Trustee or director | 1 | $0 | $0 |
| AMY FUTRELL | Secretary/Treas Trustee or director, Officer | 1 | $0 | $0 |
| TONY THOMPSON | Director Trustee or director | 1 | $0 | $0 |
| BOB JACKSON | Director Trustee or director | 1 | $0 | $0 |
| HAROLD DORAN | Director Trustee or director | 1 | $0 | $0 |
| JERRY DUNCAN | Chairman Trustee or director, Officer | 1 | $0 | $0 |
| KENNY IMES | Director Trustee or director | 1 | $0 | $0 |
| ALICE ROUSE | Director Trustee or director | 1 | $0 | $0 |
| BOB HARGROVE | Vice Chairman Trustee or director, Officer | 1 | $0 | $0 |
| RONNIE GIBSON | Director Trustee or director | 1 | $0 | $0 |
| BOB ROGERS | Director Trustee or director | 1 | $0 | $0 |
| DAVID TAYLOR | Director Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1476, MURRAY, KY 42071-0026
- Signed the 990
- MARK MANNING, President
- Phone
- (270) 762-3789
- Website
- WWW.THINKMURRAY.COM
- Return prepared by
- Keller CPA Group
Mission
TO PROVIDE COMMUNITY AND ECONOMIC DEVELOPMENT SERVICES TO THE MURRAY AND CALLOWAY COUNTY KENTUCKY AREAS.
Program accomplishments
- COMMUNITY AND ECONOMINC DEVELOPMENTExpenses $515,197
- ALL OTHER ACCOMPLISHMENT ECONOMIC DEVELOPMENT FOR MURRAY KY AND CALLOWAY COUNTY KY
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
- 61-1034835
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $16,057,351
- Income (IRS master file)
- $843,714
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $843,714 | $801,681 | $16,057,351 | IRS |
| 990 | December 2023 | $833,228 | $802,163 | $16,658,698 | XML |
| 990 | December 2022 | $1,105,679 | $863,051 | $17,164,071 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 61-1034835).
Questions about MURRAY-CALLOWAY ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of MURRAY-CALLOWAY ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MURRAY-CALLOWAY ECONOMIC DEVELOPMENT CORPORATION is 61-1034835.
- Is MURRAY-CALLOWAY ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1985.
- Are donations to MURRAY-CALLOWAY ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MURRAY-CALLOWAY 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 MURRAY-CALLOWAY 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 MURRAY-CALLOWAY 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 are the officers and directors of MURRAY-CALLOWAY ECONOMIC DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $178,884 (MARK MANNING, President).
- How much revenue does MURRAY-CALLOWAY ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $843,714, expenses of $801,681 and total assets of $16,057,351 at year end.
Other nonprofits in MURRAY
- MURRAY STATE UNIVERSITY FOUNDATION EIN 61-6053844 · last filed 990 for 2025
- CITY OF MURRAY EMPLOYEE BENEFIT TRUST EIN 31-1018012 · last filed 990 for 2026
- CALLOWAY COUNTY FIRE-RESCUE INC EIN 31-1002371 · last filed 990 for 2024
- THE FOUNDATION AT MURRAY CALLOWAY COUNTY HOSPITAL INC EIN 26-4326995 · last filed 990 for 2025
- WATCH INC EIN 61-0719760 · last filed 990 for 2025
- ANGELS ATTIC THRIFT SHOP EIN 36-4528011 · last filed 990 for 2026
- MURRAY-CALLOWAY COUNTY SENIOR CITIZENS INC EIN 61-0730009 · last filed 990 for 2025
- MURRAY CALLOWAY NEED LINE ASSOCIATION INC EIN 61-0951383 · last filed 990 for 2025