Vandalia Development Corporation
- Assets
- $259.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vandalia, OH
- Founding
- 09/2010
- Data as of
- 12/2022
- 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 12/2022, Vandalia Development Corporation generated $25.0k 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 (15.9%) each year. All expenses for the organization totaled $26.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 8 years. 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
2022
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 | |
Bill Hibner Chairperson | 0 | $0 | |
Constance R Woods Treasurer | 0 | $0 | |
Mike Blakesly Trustee | 0 | $0 | |
Larry Taylor Trustee | 0 | $0 | |
David Gerhard Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,000 |
| 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 | $182 |
| Other expenses | $1,704 |
| Total expenses | $26,886 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $259,584 |
| Other assets | $0 |
| Total assets | $259,584 |
| Total liabilities | $0 |
| Net assets or fund balances | $259,584 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Action Commission Of Fayette County Washington Court House, OH | $10,620,828 | $9,688,038 |
Downtown Cleveland Alliance Cleveland, OH | $4,884,612 | $9,424,862 |
Allegheny Conference On Community Development Pittsburgh, PA | $14,597,444 | $7,655,898 |
Campus Partners For Community Urban Redevelopment Columbus, OH | $180,909,775 | $6,681,454 |
G M N Tri-County Community Action Committee Inc Caldwell, OH | $4,898,315 | $8,954,404 |
Lakeside Association Lakeside, OH | $18,007,265 | $9,409,090 |
Southwest Michigan Community Action Agency Benton Harbor, MI | $1,305,727 | $8,078,808 |
Alloy Development Co Inc Cincinnati, OH | $4,726,609 | $7,810,614 |
Neighborhood Development Services Inc Ravenna, OH | $44,837,600 | $8,930,715 |
Community Action Of Southern Indiana Inc Jeffersonville, IN | $1,581,999 | $6,952,233 |
Warren And Forest Counties Economic Opportunity Council Warren, PA | $10,674,151 | $7,590,481 |
Community Action House Holland, MI | $7,393,862 | $7,680,588 |