Hodgeman County Economic Development Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
In 2025 we included the Towns Home Improvment grant project as well that focused on housing in the rural community or Hanston. It is the mission of HG Co Economic Development to promote growth and quality living through the revitalization of the economy and to ensure adequate housing, services, and a safe environment for all citizens of the County. We believe that providing good information and learning opportunities to our businesses and entrepreneurs will strengthen their ability to have a strong, sustainable business and that exposure to the entrepreneurial mindset will encourage young people to stay or come back to live in this community. We are also tasked with promoting the community as a good place to live, work and play in numerous publications, trade shows, and within the State, region and local community.
- Income
- $122,222
- Spending
- $120,767
- Reserves
- 2.8 months of spending
- Largest source of income
- donations and private grants, 58%
- Highest pay
- $14,597, director
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 60 out of 100. Higher than 31% of charities in its peer group (community improvement, under $250k).
Reserves
10 of 35Spendable reserves would cover 2.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, 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 (1)
- Business Development and Tourism Development funds were used to put on programming for local businesses in the community, to assist them in being more sustainable and resilient. Classes, and one-on-one mentoring in marketing (social media marketing), record retention, Destination Creation, etc., as well as Youth Entrepreneurship Development. Unfortunately, it is extremely difficult to keep exact numbers for these trainings, workshops and one on one mentoring sessions, without duplicating, but we have estimated to have reached 160 different persons in our community, some multiple times. This year we were awarded a rural champion grant that wasn't dispersed until 2025, however it will be used for work and sustainable housing. We also took part in the Love Kansas promotion.
Source: Form 990EZ for the year ending December 31, 2025, 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 November 6, 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 2025.
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 May 2001.
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 November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.