Vandalia Development Corporation
- Assets
- $237.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vandalia, OH
- Founding
- 09/2010
- Data as of
- 12/2023
- EIN
- 26-3152093
Organization Overview
Vandalia Development Corporation is located in Vandalia, OH. The organization was established in 2010. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Vandalia Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Vandalia Development Corporation generated $5.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.9%) each year. All expenses for the organization totaled $26.9k during the year ending 12/2023. 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
PREVENTION, RENEWAL, REHABILITATION OF DETERIORATING OR DECLINING PROPERTY LOCATED WITHIN THE CITY OF VANDALIA, OHIO BY PURCHASE, OWNERSHIP, DEVELOPMENT RE-DEVELOPMENT OR MANAGEMENT OF THE PROPERTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Holloway City Represe | 0 | $0 | |
Constance R Woods Treasurer | 0 | $0 | |
Bill Hibner Chairperson | 0 | $0 | |
David Gerhard Trustee | 0 | $0 | |
Mike Blakesly Trustee | 0 | $0 | |
Larry Taylor Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,203 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,203 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $194 |
| Other expenses | $26,704 |
| Total expenses | $26,898 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $237,889 |
| Other assets | $0 |
| Total assets | $237,889 |
| Total liabilities | $0 |
| Net assets or fund balances | $237,889 |