Public Charity

MORGAN COUNTY IMPROVEMENT CORPORATION

MORGAN COUNTY IMPROVEMENT CORPORATION is a private foundation categorized as Public Charity based in MCCONNELSVILLE, OH. Its most recent IRS filing (2024) reports revenue of $362K, expenses of $166K, total assets of $3.8M. Imperigo tracks 4 reported grants from this foundation totaling approximately $570K.

EIN: 260090510 MCCONNELSVILLE, OH Latest filing: 2024
Total Revenue$362K
Total Expenses$166K
Total Assets$3.8M
Grants Given4
Grant Total$570K
Filing Years2020–2024

Mission

THE SOLE PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO ADVANCE, ENCOURAGE, AND PROMOTE INDUSTRIAL, ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENT OF THE COUNTY OF MORGAN, AND THE MUNICIPAL CORPORATIONS LOCATED THEREIN BY ACTING AS THE DESIGNATED AGENCY OF THE COUNTY OF MORGAN, ONE OR MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, OR THE COUNTY OF MORGAN AND ONE OR MORE MUNICIPAL CORPORATIONS LOCATED THEREIN, FOR THE INDUSTRIAL, COMMERCIAL, DISTRIBUTION, AND RESEARCH DEVELOPMENT IN SUCH POLITICAL SUBDIVISION IN ACCORDANCE WITH SECTION 1724.10, REVISED CODE. TO PROVIDE REAL PROPERTY FOR AN INDUSTRIAL BUILDING BEING FINANCED IN PART BY LOANS AND GRANTS FROM THE STATE OF OHIO. THE CORPORATION SHALL HAVE THE RIGHT TO RAISE MONEY AND EXPEND FUNDS FOR COMMUNITY PROJECTS IN MORGAN COUNTY, OHIO. OUR ACTIVITY FURTHERS OUR EXEMPT PURPOSE AS WE ARE ABLE TO OBTAIN LOANS WITH LOWER THAN STANDARD INTEREST RATES AND GRANTS FROM THE STATE OF OHIO TO FINANCE THE REAL PROPERTY, WHICH IN TURN ALLOWS THE CO

Sample Grants Given

MCCONNELSVILLE, OH · 2020
GRANT
$91,543
VILLAGE OF MCCONNELSVILLE
MCCONNELSVILLE, OH · 2020
RIVER CLEANUP PROJEC
$28,000
MIBA SINTER USA LLC
MCCONNELSVILLE, OH · 2017
ARC GRANT
$250,000
OHIO DEPARTMENT OF TRANSPORTATION
COLUMBUS, OH · 2017
ROUNDABOUT PROJECT
$200,000

Showing up to 5 of 4 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Adam Shriver
BOARD MEMBER Bernie Anderson
BOARD MEMBER Cecil Mayle
BOARD MEMBER Chasity Mayle
BOARD MEMBER Dean Ponchak
BOARD MEMBER Kelsey Wells

Officer compensation and complete director data available with membership.

Top Grant Purposes

ARC GRANT
$250,000 1 grant
ROUNDABOUT PROJECT
$200,000 1 grant
GRANT
$91,543 1 grant
RIVER CLEANUP PROJEC
$28,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $362K $166K $3.8M
2023 $634K $411K $4.1M
2022 $360K $155K $4.2M
2021 $520K $216K $4.4M
2020 $211K $297K $4.7M

Between 2020 and 2024, reported annual revenue grew from $211K to $362K (+72%), with total assets most recently reported at $3.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in OH.

OH

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for MORGAN COUNTY IMPROVEMENT CORPORATION

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