South Central Indiana USA Economic Development Group Inc
Nonprofit profile at a glance
- EIN
- 205142317
- IRS 990-EZ coverage
- 2010–2025
- Forms available
- Form 990-EZ 2025
- Location
- New Albany, IN, USA
- Phone
- 8129450266
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $122,362
- Expenses
- $49,313
- Assets
- $215,862
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DARRELL VOELKER (PRESIDENT - PART YEAR)
- KATHY ERTEL (PRESIDENT - PART YEAR)
People named in this filing
- ASHLEY CONRAD (MEMBER)
- HAROLD GUTZWILLER (MEMBER)
- JEREMY SOWDERS (MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate an educational and economic development organization and conduct any other business consistent with the Indiana nonprofit corporation act.
What it reported doing in 2025
Aiding south central, Indiana by attracting new industries to the region and by encouraging the development and retention of industries in the communities.
Operating model
- Revenue model
- Membership-supported. 83% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 61
- Transparency & Controls: 100
- Sustainability: 88
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 41.2%; rating input score 41
- Program expense ratio: 95%; rating input score 95
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 59.7%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 4.38; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 41.2% of revenue deployed · 95% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $47K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 41/100.
- High — Growth: Program expense growth scored 0/100.