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Nonprofiteer
← GREATER COLUMBUS ECONOMIC DEVELOPMENT CORPORATION

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 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 Meza

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brad Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Buck Ritz

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Clayton Force

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Courtney Metzger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Doup

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeanine Scheidler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jeff Zike

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Julie Abedian

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Katie Sackett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kent Anderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kylie Foster

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Leah Beyer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Marc Rothbart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Wasserman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Michael Chiado

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nick Seger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Paul Quick

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Richard Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sarabeth Drybread

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Ballard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Scott Newlund

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Shen Macheel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Swails

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tara James

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tony London

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tony Miller

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Zachary Pavlik

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Alina Burton

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Bob Haddad Jr

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Brian Russell

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Charles Carlos

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Chris Sutton

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Curt Wheeler

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • David Bush

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Jon Endris

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Kenny Canfield

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Capps

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mark Miller

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Mike Riebl

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nathan Kunkler

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Nobu Nakajima

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Pepper Mulherin

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Polly Kramer

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Randy Scheidt

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Rita Wilder

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Sheri Redelman

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stephen Stringer

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Steve Booher

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Stuart Price

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tim Belcher

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tim Dora

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tom Hinshaw

    SPECIAL BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1
  • Tom Dowd

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Brittany Diebolt

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Jeff Nolting

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Jeff Logston

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Miranda Fox

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Mary 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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