Southeastern Indiana Economic Opportunity Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO IMPROVE THE CONDITIONS UNDER WHICH PEOPLE LIVE, LEARN, AND WORK.
- Income
- $8.6 million
- Spending
- $8.6 million
- Spent on programs
- 95%
- Reserves
- 0.4 months of spending
- Largest source of income
- government grants, 96%
- Employees
- 104
- Volunteers
- 451
- Highest pay
- $121,713, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 51 out of 100. Higher than 31% of charities in its peer group (education, $1m to $10m).
Reserves
4 of 35Spendable reserves would cover 0.4 months of spending.
Debt
5 of 20It owes 51% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 8% on the year before.
Spending floor
15 of 1595% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $3.5 million spent. HEAD START: WE OPERATE 12 PRE-SCHOOL CLASSROOMS AT 12 DIFFERENT SITES THROUGHOUT A FIVE COUNTY SERVICE AREA. 204 SLOTS WERE AVAILABLE IN 2024, WITH A TOTAL OF 258 CHILDREN ENROLLED DURING THE YEAR, INCLUDING 44 WITH DISABILITIES. 86 CHILDREN WENT ON TO KINDERGARTEN; 89% WERE UP TO DATE WITH PREVENTATIVE AND PRIMARY HEALTH CARE; 90% WERE UP TO DATE WITH ALL IMMUNIZATIONS; AND 71% COMPLETED A DENTAL EXAM. THE PROGRAM UTILIZED 436 VOLUNTEERS, OF WHOM 399 WERE CURRENT OR FORMER HEAD START PARENTS. IN ADDITION, PARENT INVOLVEMENT ACTIVITIES WERE HELD AND MULTIPLE PARENT TRAININGS TOOK PLACE ON IMPORTANT TOPICS LIKE FOOD, SAFETY, AND CHILD ABUSE PREVENTION.
- $1.6 million spent. ENERGY ASSISTANCE: 1,893 HOUSEHOLDS IN OUR 6-COUNTY SERVICE AREA RECEIVED ENERGY ASSISTANCE, BENEFITTING 3,384 PEOPLE. 1,400 HOUSEHOLDS WERE SERVED THROUGH EDUCATION WORKSHOPS.
- $1.9 million spent. HOUSING: PROVIDES HOUSING ASSISTANCE TO LOW-INCOME INDIVIDUALS AND FAMILIES BASED ON FEDERAL GUIDELINES. 222 HOUSEHOLDS IN DEARBORN, OHIO, RIPLEY, SWITZERLAND, FRANKLIN, AND UNION COUNTIES RECEIVED HOUSING CHOICE VOUCHERS IN 2024, BENEFITTING 397 PEOPLE.
- $1.2 million spent. WEATHERIZATION: 32 HOMES IN OUR 6-COUNTY SERVICE AREA WERE WEATHERIZED AND 72 ENERGY AUDITS WERE PERFORMED. 18 FURNACES WERE REPLACED AND 4 WERE REPAIRED DUE TO HEALTH AND SAFETY CONCERNS. IN ADDITION, 13 WATER HEATERS AND 9 ELECTRIC HEAT PUMPS WERE REPLACED AND INSTALLED. COVERING KIDS & FAMILIES: ENSURES THAT ALL ELIGIBLE CHILDREN AND ADULTS ARE ENROLLED IN AVAILABLE HEALTH-CARE COVERAGE PROGRAMS. IN OUR 5 COUNTY AREA, THERE WERE 578 ENROLLMENTS MADE. OTHER PROGRAMS: OTHER PROGRAMS INCLUDE THE SALVATION ARMY EXTENSION OFFICE; THE BEV HENRY EMERGENCY FUND, AND FAMILY DEVELOPMENT.
- WEATHERIZATION: 32 HOMES IN OUR 6-COUNTY SERVICE AREA WERE WEATHERIZED AND 72 ENERGY AUDITS WERE PERFORMED. 18 FURNACES WERE REPLACED AND 4 WERE REPAIRED DUE TO HEALTH AND SAFETY CONCERNS. IN ADDITION, 13 WATER HEATERS AND 9 ELECTRIC HEAT PUMPS WERE REPLACED AND INSTALLED. COVERING KIDS & FAMILIES: ENSURES THAT ALL ELIGIBLE CHILDREN AND ADULTS ARE ENROLLED IN AVAILABLE HEALTH-CARE COVERAGE PROGRAMS. IN OUR 5 COUNTY AREA, THERE WERE 578 ENROLLMENTS MADE. OTHER PROGRAMS: OTHER PROGRAMS INCLUDE THE SALVATION ARMY EXTENSION OFFICE; THE BEV HENRY EMERGENCY FUND, AND FAMILY DEVELOPMENT.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1973.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
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