Mission
TO EXPAND THE TAX BASE AND PROVIDE JOBS FOR THE MARTINSVILLE/HENRY COUNTY BY ENCOURAGING EXPANSION OF LOCAL BUSINESSES AND INDUSTRIES AND BY RECRUITING NEW BUSINESSES TO LOCATE.
Public Charity
MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP
MARTINSVILLE-HENRY COUNTY ECONOMIC DEVELOPMENT CORP, of MARTINSVILLE, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $-2.6M in revenue, $2.4M in expenses, $1.6M in total assets. 1 publicly reported grants to this organization, totaling roughly $25K, appear in IRS filings.
EIN: 113843016
MARTINSVILLE, VA
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$-2.6M
Total Expenses$2.4M
Total Assets$1.6M
Grant Records1
Funding Total$25K
Filing Years2018–2025
Where $100 goes at Martinsville-Henry County Economic Development Corp
How Martinsville-Henry County Economic Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.
$93
Programs
the work itself
$4
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $93 for programs
$93
The corporation's sole purpose is to expand tax base and provide jobs by encouraging expansion of local businesses and industries and by recruiting new busineses to locate in…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
DESIGNATED FOR THE ENGINEERING STUDY FOR THE EXTENSION OF THE DICK AND WILLIE TRAIL
$25,000
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
Treasurer
Amy Lampe
Director
Aretha Ferrell-Benavides
Director
Dale Wagoner
VICE CHAIRMAN
David Stone
Secretary
Gracie Agnew
Chairman
James Mcclain
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $-2.6M | $2.4M | $1.6M |
| 2024 | $2.0M | $2.1M | $6.4M |
| 2023 | $1.9M | $2.2M | $6.0M |
| 2021 | $3.1M | $3.2M | $7.0M |
| 2018 | $1.9M | $1.8M | $7.1M |
Between 2018 and 2025, reported annual revenue moved from $1.9M to $-2.6M, with total assets most recently reported at $1.6M.
Interactive year-over-year charts and full filing details available with membership.