245 Corporation
- Assets
- $467.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rossford, OH
- Founding
- 02/1973
- Data as of
- 12/2023
- EIN
- 23-7179345
Organization Overview
245 Corporation is located in Rossford, OH. The organization was established in 1973. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 245 Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2023, 245 Corporation generated $109.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $80.4k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Gendaszek President | 0 | $0 | |
Travis Brown Vice-Preside | 0 | $0 | |
Shane Bauman Financial Se | 0 | $0 | |
Lisa R Tracy Treasurer | 0 | $0 | |
Michael Padgen Recording Se | 0 | $0 | |
Larry Tscherne Corporation | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $34,150 |
| Membership dues | $75,688 |
| Investment income | $1 |
| Gain or Loss | -$302 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $109,537 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,445 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,943 |
| Total expenses | $80,388 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,386 |
| Other assets | $0 |
| Total assets | $467,736 |
| Total liabilities | $0 |
| Net assets or fund balances | $467,736 |