CSCharityScored
46

Madison County Economic Development Inc

Other · Anderson, Indiana

739 Main St, Anderson, IN 46016-1515

EIN: 351473675· Founded: Feb 1982· 44 years active· Filing Year: 2023

Annual Revenue

$435K

Total Expenses

$436K

Total Assets

$388K

Program Spending

50%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$117K

26.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$109K

Total Payroll

$226K

52% of total expenses

Where the Money Goes

50%
Programs: 50%
Payroll: 52%
Other overhead: 50%
Program Revenue$217K (50%)
Total Expenses$436K (100%)
Payroll$226K (52%)
Overhead (non-program)50%

Trust Score Breakdown

Program Spending Ratio

50% of expenses go to programs

40%

Revenue & Stability

$435K annual revenue

15%

Executive Compensation

$117K total officer comp (26.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$388K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.