Form 990 for tax year 2025
Filed by ALLEN ECONOMIC DEVELOPMENT GROUP.
Totals
- Total revenue
- $608,675
- Total expenses
- $537,697
- Contributions and grants received
- $548,788
- Grants paid
- $0
- Program service revenue
- $51,000
- Investment income
- $8,841
- Other revenue
- $46
- Total assets, end of year
- $536,185
- Total liabilities, end of year
- $30,195
- Net assets or fund balances, end of year
- $505,990
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$548,788
-
2a · Program service revenue: ADMINISTRATIVE INCOME
total $50,000 · related or exempt $50,000
-
2b · Program service revenue: MAKERFEST INCOME
total $1,000 · related or exempt $1,000
-
3 · Investment income
total $8,841 · excluded $8,841
-
11a · Other revenue: BWC REFUND
total $46 · related or exempt $46
-
11e · Other revenue, total
$46
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $104,366
-
7 · Other salaries and wages
total $140,955
-
8 · Pension plan contributions
total $6,385
-
9 · Other employee benefits
total $37,123
-
10 · Payroll taxes
total $17,994
-
11c · Fees: accounting
total $46,659
-
11g · Fees: other
total $8,357
-
12 · Advertising and promotion
total $69,413
-
13 · Office expenses
total $28,142
-
14 · Information technology
total $2,648
-
16 · Occupancy
total $42,608
-
17 · Travel
total $6,023
-
19 · Conferences, conventions and meetings
total $7,759
-
20 · Interest
total $57
-
22 · Depreciation, depletion and amortization
total $3,994
-
23 · Insurance
total $4,447
-
24a · Other expenses: HOUSING INCENTIVE
total $5,889
-
24b · Other expenses: STAFF EDUCATION
total $4,878
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $453,272 · end of year $168,953
-
2 · Savings and temporary cash investments
end of year $316,108
-
4 · Accounts receivable
beginning of year $5,372 · end of year $2,800
-
9 · Prepaid expenses and deferred charges
beginning of year $6,300 · end of year $9,016
-
10a · Land, buildings and equipment: cost or other basis
$102,003
-
10b · Land, buildings and equipment: accumulated depreciation
$62,695
-
10c · Land, buildings and equipment, net
beginning of year $12,396 · end of year $39,308
-
17 · Accounts payable and accrued expenses
beginning of year $42,328 · end of year $30,195
-
27 · Net assets without donor restrictions
beginning of year $435,012 · end of year $505,990
Mission and programs · 2025
Mission
ECONOMIC GROWTH AND DEVELOPMENT
-
TO PROMOTE AND STIMULATE ECONOMIC GROWTH AND DEVELOPMENT IN LIMA, ALLEN COUNTY REGION THROUGH THE PERFORMANCE OF ECONOMIC DEVELOPMENT SERVICES FOR VARIOUS GOVERNMENT ENTITIES.
As filed on the 2025 return.
Listed in Part VII
-
CYNTHIA LEIS
CEO
- Total calculated
- $112,908
- From this org
- $104,366
- From related orgs
- $0
- Other
- $8,542
- Hours/week
- 40
-
KURT ALEXANDER
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
DR CYNTHIA SPIERS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
CHAD KING
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
BETH SEIBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
PHIL BUELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAVE STRATTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
SHARETTA SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
TAMMY GLADWELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LYNN CARPENTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
HOWARD VIOLET
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
STEPHANIE MALLOY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BRENT STECHSCHULTE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JOSH UNTERBRINK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BECKY TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
DAN SCHMIEDEBUSCH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- IRS schema version
- 2025v4.2
- Source object
- 202632519349300528
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