Form 990 for tax year 2024
Filed by GREATER COLUMBUS ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $691,409
- Total expenses
- $608,510
- Contributions and grants received
- $483,925
- Grants paid
- $0
- Program service revenue
- $241,483
- Investment income
- $12,504
- Other revenue
- -$46,503
- Total assets, end of year
- $665,865
- Total liabilities, end of year
- $4,000
- Net assets or fund balances, end of year
- $661,865
- Program services expenses (Part IX)
- $486,777
- Management and general expenses
- $121,733
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $486,777
Program services were 80.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1b · Membership dues
$323,925
-
1f · All other contributions, gifts and grants
$160,000
-
2a · Program service revenue: CONSULTING INCOME
total $227,500 · related or exempt $227,500
-
2b · Program service revenue: ANNUAL MEETING
total $13,157 · related or exempt $13,157
-
2c · Program service revenue: REIMBURSEMENTS
total $826 · related or exempt $826
-
3 · Investment income
total $12,504 · excluded $12,504
-
6a · Gross rents
real property -$75,331
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property -$75,331
-
6d · Net rental income or loss
total -$75,331 · unrelated business -$37,714 · excluded -$37,617
-
11a · Other revenue: OTHER INCOME
total $28,828 · related or exempt $28,828
-
11e · Other revenue, total
$28,828
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $156,459 · program services $122,038 · management and general $34,421
-
7 · Other salaries and wages
total $123,671 · program services $96,463 · management and general $27,208
-
9 · Other employee benefits
total $48,841 · program services $38,536 · management and general $10,305
-
10 · Payroll taxes
total $32,286 · program services $25,183 · management and general $7,103
-
11c · Fees: accounting
total $13,245 · management and general $13,245
-
12 · Advertising and promotion
total $67,236 · program services $67,236
-
13 · Office expenses
total $10,808 · program services $6,161 · management and general $4,647
-
16 · Occupancy
total $6,977 · program services $5,582 · management and general $1,395
-
17 · Travel
total $58,238 · program services $56,491 · management and general $1,747
-
19 · Conferences, conventions and meetings
total $12,023 · program services $8,055 · management and general $3,968
-
22 · Depreciation, depletion and amortization
total $8,943 · program services $7,154 · management and general $1,789
-
23 · Insurance
total $4,918 · program services $3,934 · management and general $984
-
24a · Other expenses: SPECIAL PROJECTS
total $46,338 · program services $46,338
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $13,375 · management and general $13,375
-
24c · Other expenses: REPAIRS AND MAINTENANCE
total $5,152 · program services $3,606 · management and general $1,546
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $429,976 · end of year $359,865
-
2 · Savings and temporary cash investments
beginning of year $41,465 · end of year $43,566
-
4 · Accounts receivable
beginning of year $16,530 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$42,586
-
10b · Land, buildings and equipment: accumulated depreciation
$16,158
-
10c · Land, buildings and equipment, net
beginning of year $16,327 · end of year $26,428
-
15 · Other assets
beginning of year $0 · end of year $236,006
-
25 · Other liabilities
beginning of year $0 · end of year $4,000
-
27 · Net assets without donor restrictions
beginning of year $504,298 · end of year $661,865
Mission and programs · 2024
Mission
TO BUILD A WORLD-CLASS COMMUNITY BY ENHANCING THE QUALITY OF LIFE, ECONOMIC OPPORTUNITY AND PERSONAL WELL-BEING OF OUR CITIZENS.
-
ADMINISTRATIVE AND MARKETING SERVICES FOR THE RECRUITMENT OF NEW BUSINESSES: EDC WORKS AND ACTS AS THE COORDINATOR OF NEW BUSINESS RECRUITMENT ACTIVITIES FOR THE COMMUNITIES OF BARTHOLOMEW COUNTY, INDIANA. THESE ACTIVITIES INCLUDE ACTIVELY MARKETING AND SEEKING NEW BUSINESSES TO LOCATE IN COLUMBUS, EDINBURGH, AND THE OTHER COMMUNITIES OF BARTHOLOMEW COUNTY, AND PROVIDING SITE LOCATION AND ECONOMIC DEVELOPMENT SERVICES AND ACTIVITIES TO THOSE POTENTIAL NEW BUSINESSES.
Expenses $374,819 · Revenue $208,139
-
ADMINISTRATIVE AND MARKETING SERVICES FOR THE RETENTION AND EXPANSION OF EXISTING PRIMARY BUSINESSES: EDC WORKS AND ACTS AS THE COORDINATOR OF EXISTING BUSINESS RETENTION AND EXPANSION ACTIVITIES FOR THE COMMUNITIES OF BARTHOLOMEW COUNTY, INDIANA. THESE ACTIVITIES INCLUDE ACTIVELY MEETING ONEONONE WITH EXISTING PRIMARY BUSINESSES AND ENCOURAGING BUSINESS RETENTION BY IDENTIFYING AND ADDRESSING ANY IMPEDIMENTS TO INDIVIDUAL BUSINESS OPERATIONS OR BUSINESS NEEDS. SERVICES ALSO INCLDUE ALL NECESSARY ACTIVITIES RELATED TO BUSINESS EXPANSION INCLUDING, BUT NOT LIMITED TO, IDENTIFYING, ASSEMBLING, AND SUBMITTING APPLICABLE EXPANSION SPACE, SECURING STATE AND LOCAL INCENTIVE PACKAGES, AND OVERSEEING THE ENTIRE PROCESS.
Expenses $55,979 · Revenue $31,086
-
INFRASTRUCTURE DEVELOPMENT: EDC WORKS IN A SUPPORTING ROLE TO LOCAL GOVERNMENT TO IDENTIFY NEEDED IMPROVEMENTS, EXPANSIONS, OR NEW INVESTMENTS WITH RESPECT TO ROAD ACCESS, WATER AND SEWER PROJECTS, AND OTHER PROJECTS DEEMED NECESSARY TO SUPPORT EXISTING AND NEW PROSPECTIVE BUSINESSES IN THE COMMUNITY. THIS INCLUDES, BUT IS NOT LIMITED TO, IDENTIFYING RELEVANT PROPERTY FOR ECONOMIC DEVELOPMENT PURPOSES INCLUDING BUSINESS RETENTION, EXPANSION, AND ATTRACTION PROJECTS, AND ADVISING RELEVANT PUBLIC AND PRIVATESECTOR STAKEHOLDERS ON NECESSARY DEVELOPMENT ISSUES.
Expenses $55,979 · Revenue $31,086
As filed on the 2024 return.
Listed in Part VII
-
Jason HesterJASON HESTER
PRESIDENT
- Total calculated
- $156,459
- From this org
- $156,459
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,459
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $156,459
-
Amanda MezaAMANDA MEZA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brad DavisBRAD DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Buck RitzBUCK RITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Clayton ForceCLAYTON FORCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Courtney MetzgerCOURTNEY METZGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David DoupDAVID DOUP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeanine ScheidlerJEANINE SCHEIDLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff ZikeJEFF ZIKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Julie AbedianJULIE ABEDIAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Katie SackettKATIE SACKETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kent AndersonKENT ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kylie FosterKYLIE FOSTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Leah BeyerLEAH BEYER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marc RothbartMARC ROTHBART
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark WassermanMARK WASSERMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael ChiadoMICHAEL CHIADO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nick SegerNICK SEGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Paul QuickPAUL QUICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Richard JohnsonRICHARD JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sarabeth DrybreadSARABETH DRYBREAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Scott BallardSCOTT BALLARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Scott NewlundSCOTT NEWLUND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shen MacheelSHEN MACHEEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve SwailsSTEVE SWAILS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tara JamesTARA JAMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tony LondonTONY LONDON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tony MillerTONY MILLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Zachary PavlikZACHARY PAVLIK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alina BurtonALINA BURTON
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bob Haddad JrBOB HADDAD JR
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian RussellBRIAN RUSSELL
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Charles CarlosCHARLES CARLOS
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chris SuttonCHRIS SUTTON
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Curt WheelerCURT WHEELER
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David BushDAVID BUSH
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jon EndrisJON ENDRIS
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kenny CanfieldKENNY CANFIELD
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark CappsMARK CAPPS
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark MillerMARK MILLER
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mike RieblMIKE RIEBL
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nathan KunklerNATHAN KUNKLER
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nobu NakajimaNOBU NAKAJIMA
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Pepper MulherinPEPPER MULHERIN
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Polly KramerPOLLY KRAMER
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Randy ScheidtRANDY SCHEIDT
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rita WilderRITA WILDER
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sheri RedelmanSHERI REDELMAN
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen StringerSTEPHEN STRINGER
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve BooherSTEVE BOOHER
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stuart PriceSTUART PRICE
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim BelcherTIM BELCHER
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tim DoraTIM DORA
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom HinshawTOM HINSHAW
SPECIAL BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom DowdTOM DOWD
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Brittany DieboltBRITTANY DIEBOLT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff NoltingJEFF NOLTING
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff LogstonJEFF LOGSTON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Miranda FoxMIRANDA FOX
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mary FerdonMARY FERDON
MEMBER
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART I, LINE 3
- THE BOARD OF DIRECTORS APPROVES COMPENSATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523189349309252
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