EIN 23-7258115

Economic Development Corp Mich

IRS 501(c) type
501(c)(4)
Num. employees
0
State
Year formed
1972
Most recent tax filings
2023-12-01
Description
Michigan City Economic Development Corporation operates as an urban, community economic development organization headed by Clarence Hulse. The corporation is situated in Michigan City, IN and generated $466,701 in total revenues last year.
Also known as...
Michigan City Economic Development Corporation; Economic Development Corporation Michigan City; Mcedc
Total revenues
$789,987
2023
Total expenses
$630,525
2023
Total assets
$1,103,873
2023
Num. employees
0
2023

Program areas at Economic Development Corp Mich

Employed a full-time Economic Development director and staff to recruit new industial and manufacturing businesses to locate in Michigan City (includes payroll taxes and benefits).in addition, the organization maintained an office to coordinate its efforts.
Staff attended various conventions, trade shows, etc to market Michigan citys industrial sites and business incentives. Also hosted a dinner to recognize business within the community.organization was a member of local and state organization involved in Economic Development. Commissioned a strategic plan to guide future efforts. Made contributions to charitable organizations.
Provided prospects with information about Michigan City. Assisted prospects with incentie programs, continued the business retention program, informed the public about the organizations activities.assisted existing businesses and prospects with project planning and execution.

Who funds Economic Development Corp Mich

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Local Initiatives Support CorporationSee Part Iv$15,000

Personnel at Economic Development Corp Mich

NameTitleCompensation
Clarence HulseExecutive Director$109,769
Liliana FrancoOffice Manager

Financials for Economic Development Corp Mich

RevenuesFYE 12/2023
Total grants, contributions, etc.$486,230
Program services$298,259
Investment income and dividends$5,351
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$147
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$789,987

Form 990s for Economic Development Corp Mich

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-04-24990View PDF
2021-122022-04-25990View PDF
2020-122021-08-30990View PDF
2019-122022-02-01990OView PDF
...and 10 more Form 990s
Data update history
February 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Received grants
Identified 1 new grant, including a grant for $15,000 from Local Initiatives Support Corporation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelManagement and technical assistanceNo full-time employees
General information
Address
2 Cadence Park Plaza
Michigan City, IN 46360
Metro area
Michigan City-La Porte, IN
County
LaPorte County, IN
Website URL
edcmc.com/ 
Phone
(219) 873-1211
IRS details
EIN
23-7258115
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1972
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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