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Indiana · Public charity

Fayette County Industrial Development Corp D/B/A Economic Development Group

To procure, develop, and operate land and properties in order to create job opportunities and foster the economic development of connersville and fayette county.

$244k
Granted FY2023
21
Itemized grants FY2023
21
Organizations funded FY2023
29%
First-time grantees FY2023
Read the full brief
Itemized, FY2023
$202k
The rest is grants the schedule does not break out
Median grant, FY2023
$10,000
Largest grant, FY2023
$10,000
Organizations funded a year
1 to 27
FY2020 to FY2023
States reached, FY2023
1
Total assets, FY2023
$3.4M

How open it is to new grantees

In FY2023, 29% of the organizations Fayette County Industrial Development Corp D/B/A Economic Development Group funded were first-time grantees, receiving 26% of its grant dollars.

New vs renewed · share of each year

In FY2023, 74% of grant dollars renewed an existing relationship; $52k went to new ones.

50%100%’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’21’22’23
Community ImprovementOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY202321$202k29%
FY20221$15k0%
FY202121$215k43%
FY202027$493kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2023.

Health$445kHuman Services$181kCommunity Improvement$162kFood & Nutrition$61kEmployment$28kHousing & Shelter$21kEnvironment$11kRecreation & Sports$10kOther$0

Top grantees

Largest recipients by total granted, FY2020 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Palm Investment Inc Dba the Woodridge Inn$65,5363n/a
Moore Precision Machining LLC$49,5523n/a
Phelps General Contracting$49,5523n/a
Jonesy's LLC$46,2122n/a
Tatman Inc$42,8743n/a
Papermoon Designs$42,8503n/a
Glenn Day Dba Glenn's Barbershop$32,8502n/a
Donny Maze Dba Amazeing Powder Coating$32,8502n/a
Advantage Wire & Machine$32,8502n/a
Riedman Motors Company$32,6862n/a
Show all 42 grantees
All grantees of Fayette County Industrial Development Corp D/B/A Economic Development Group by total granted
GranteeTotal grantedYearsShare of their budget
Palm Investment Inc Dba the Woodridge Inn$65,5363n/a
Moore Precision Machining LLC$49,5523n/a
Phelps General Contracting$49,5523n/a
Jonesy's LLC$46,2122n/a
Tatman Inc$42,8743n/a
Papermoon Designs$42,8503n/a
Glenn Day Dba Glenn's Barbershop$32,8502n/a
Donny Maze Dba Amazeing Powder Coating$32,8502n/a
Advantage Wire & Machine$32,8502n/a
Riedman Motors Company$32,6862n/a
Daniel Girls Farmhouse Restaurant$31,3542n/a
Jacobs & Brichford LLC$30,6983n/a
East Central Indiana Regional Partnership Inc$30,00023%
Abc Graphic Concepts LLC$26,8881n/a
Nellis Adult Daycare LLC$25,0001n/a
North Park Cinemas Inc Dba Showtime Cinemas$25,0001n/a
Debra Dye Dba the Furniture Station$22,8501n/a
Ben Com Distributors Inc$20,0002n/a
Reliant Biomedical Services LLC$20,0002n/a
McCombs & Son Company$20,0002n/a
Parts Pro Automotive & Performance LLC$20,0002n/a
Foxycuts$20,0002n/a
Irrgang's Maplewood Inn LLC$16,7022n/a
Donna Bever Dba Ozzie's$16,7022n/a
Van Ro Inc$16,7022n/a
John R Roberts Dds$15,3702n/a
Brian's Bookstore & Coffee Bar$11,3741n/a
A Better Caregiver LLC$10,6981n/a
L Wood Electric Inc$10,6981n/a
Jazo Inc$10,0001n/a
Day's Martial Arts$10,0001n/a
Brian's Bistro and More LLC$10,0001n/a
Discount Home Improvement Warehouse LLC$10,0001n/a
Barrett Wholesale$10,0001n/a
Yodie's Frozen Goodness$10,0001n/a
Riedman Motors Co Inc$10,0001n/a
Connersville Mirror Works & Bowen Inc$8,0341n/a
Cei Corporation$6,7021n/a
Indiana Ordinance Innovations$5,9381n/a
Ioi Properties LLC$5,9381n/a
Caliber Property Management LLC$5,3701n/a
Christina Neeley Dba Beauty and the Beloved Boutique$5,0001n/a

Compare Fayette County Industrial Development Corp D/B/A Economic Development Group with peer funders

About Fayette County Industrial Development Corp D/B/A Economic Development Group

How much does Fayette County Industrial Development Corp D/B/A Economic Development Group give?
Fayette County Industrial Development Corp D/B/A Economic Development Group reported 21 itemized grants totaling $201,876, out of $243,750 in total grant expense reported on the return in its FY2023 IRS filing. It funded between 1 and 27 organizations a year over FY2020 to FY2023.
What does Fayette County Industrial Development Corp D/B/A Economic Development Group fund?
By grant dollars over FY2020 to FY2023, its largest causes are Health (48%), Human Services (20%), Community Improvement (17%).
Who are Fayette County Industrial Development Corp D/B/A Economic Development Group's largest grantees?
By total granted over FY2020 to FY2023: Palm Investment Inc Dba the Woodridge Inn ($66k), Moore Precision Machining LLC ($50k), Phelps General Contracting ($50k).
Does Fayette County Industrial Development Corp D/B/A Economic Development Group fund new organizations?
In FY2023, 29% of the organizations it funded were first-time grantees.
Where is Fayette County Industrial Development Corp D/B/A Economic Development Group based?
Fayette County Industrial Development Corp D/B/A Economic Development Group is based in IN.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 42 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports no grant expense, so the figures above are from FY2023, the most recent year this funder made grants.

Source object · view filing

Play a game based on Fayette County Industrial Development Corp D/B/A Economic Development Group’s filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home