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MARTINSVILLE-HENRY COUNTY ECONOMIC

Martinsville, VA Tax ID: 11-3843016 www.yesmartinsville.com

The Martinsville-Henry County Economic Development Corporation, based in Virginia, focuses on community and economic development, with assets of over $6 million and led by CEO Mark Heath.

About MARTINSVILLE-HENRY COUNTY ECONOMIC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Martinsville-Henry County Economic Development Corporation is an organization based in Martinsville, Virginia, focused on community and economic development as well as business and industry. With assets totaling $6,423,914, the corporation reported expenses of $2,145,786 and revenue of $1,957,676. The organization is led by President & CEO Mark Heath, who works full-time and receives a compensation of $268,654. Other key personnel include directors and officers who serve in a voluntary capacity without compensation. The corporation's activities are primarily centered around enhancing the economic landscape of Martinsville and Henry County, although specific funded cities or states are not listed.

Focus Areas

Community and economic developmentBusiness and industry

Geographic Focus

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Key Statistics
Total Assets $6.4M
Total Awarded This Year $undefined
Average Grant Size $NaN
Total Grants (Previous Year) 0
Open to New Applicants
% New Applicants Funded
Contact Information
Martinsville, VA
Geographic Funding Distribution

Financials

Total Assets
$6.4M

+2.6% from previous year

Annual Grants
$0

0 grants awarded in 2024

Expense Ratio
109.6%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation

People

Leadership & Staff

Compensation data from most recent available 990 forms

MH

MARK HEATH

President & CEO

$268,654 2024
RH

RHONDA HODGES

Director

$0 2024
AF

ARETHA FERRELL-BENAVIDES

Director

$0 2024
GA

GRACIE AGNEW

Secretary

$0 2024
DS

DAVID STONE

VICE CHAIRMAN

$0 2024
Showing 5 of 9 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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