Form 990 for tax year 2022
Filed by BARBERTON COMMUNITY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $1,614,614
- Total expenses
- $1,085,550
- Contributions and grants received
- $623,483
- Grants paid
- $0
- Program service revenue
- $991,122
- Investment income
- $9
- Other revenue
- $0
- Total assets, end of year
- $10,140,009
- Total liabilities, end of year
- $4,496,259
- Net assets or fund balances, end of year
- $5,643,750
- Program services expenses (Part IX)
- $962,380
- Management and general expenses
- $123,170
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $962,380
Program services were 88.7% 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.
-
1e · Government grants (contributions)
$80,000
-
1f · All other contributions, gifts and grants
$543,483
-
2a · Program service revenue: RENTAL INCOME
total $656,247 · related or exempt $656,247
-
2b · Program service revenue: INTEREST ON LOANS
total $325,471 · related or exempt $325,471
-
2c · Program service revenue: APPLICATION AND LOAN FEES
total $4,975 · related or exempt $4,975
-
2d · Program service revenue: LATE CHARGES
total $3,761 · related or exempt $3,761
-
2e · Program service revenue: OTHER LOAN INCOME
total $668 · related or exempt $668
-
3 · Investment income
total $9 · excluded $9
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $116,390 · program services $81,473 · management and general $34,917
-
7 · Other salaries and wages
total $63,336 · program services $47,503 · management and general $15,833
-
8 · Pension plan contributions
total $14,037 · program services $10,069 · management and general $3,968
-
9 · Other employee benefits
total $40,531 · program services $29,331 · management and general $11,200
-
10 · Payroll taxes
total $13,889 · program services $9,965 · management and general $3,924
-
13 · Office expenses
total $5,575 · program services $3,680 · management and general $1,895
-
16 · Occupancy
total $56,530 · program services $50,599 · management and general $5,931
-
19 · Conferences, conventions and meetings
total $1,786 · program services $893 · management and general $893
-
20 · Interest
total $162,061 · program services $162,061
-
22 · Depreciation, depletion and amortization
total $105,796 · program services $91,753 · management and general $14,043
-
23 · Insurance
total $24,364 · program services $21,927 · management and general $2,437
-
24a · Other expenses: GRANTS PAID
total $299,776 · program services $299,776
-
24b · Other expenses: REPAIRS AND MAINTENANCE
total $105,862 · program services $85,335 · management and general $20,527
-
24c · Other expenses: PROFESSIONAL FEES
total $65,393 · program services $58,854 · management and general $6,539
-
24d · Other expenses: DUES AND SUBSCRIPTIONS
total $6,788 · program services $6,109 · management and general $679
-
24e · All other expenses
total $3,436 · program services $3,052 · management and general $384
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $1,043,220 · end of year $1,425,441
-
9 · Prepaid expenses and deferred charges
beginning of year $22,283 · end of year $13,317
-
10a · Land, buildings and equipment: cost or other basis
$3,105,033
-
10b · Land, buildings and equipment: accumulated depreciation
$796,870
-
10c · Land, buildings and equipment, net
beginning of year $2,396,040 · end of year $2,308,163
-
15 · Other assets
beginning of year $6,681,155 · end of year $6,393,088
-
17 · Accounts payable and accrued expenses
beginning of year $104,018 · end of year $57,721
-
23 · Secured mortgages and notes payable
beginning of year $4,923,994 · end of year $4,438,538
-
27 · Net assets without donor restrictions
beginning of year $5,111,936 · end of year $5,399,018
-
28 · Net assets with donor restrictions
beginning of year $2,750 · end of year $244,732
Mission and programs · 2022
Mission
TO PROVIDE ASSISTANCE TO SMALL BUSINESSES
-
THE ORGANIZATION MAKES/SERVICES LOANS TO LOCAL EMPLOYERS TO FURTHER LOCAL INDUSTRY WHICH IN TURN PROMOTES PUBLIC WELFARE THROUGH ECONOMIC DEVELOPMENT/CREATION OF JOBS.
Expenses $534,248 · Revenue $334,875
-
DEVELOPMENT/MANAGEMENT OF INDUSTRIAL AND COMMERCIAL PROPERTY, COORDINATION OF BUSINESS EXPANSION NEEDS, INVOLVEMENT IN BUSINESS ATTRACTION/RETENTION ACTIVITIES, AND ACTING AS A LOCATOR OF SITES AVAILABLE FOR PURCHASE, LEASING AND DEVELOPMENT.
Expenses $428,132 · Revenue $656,247
As filed on the 2022 return.
Listed in Part VII
-
Scott WagnerSCOTT WAGNER
EXECUTIVE DI
- Total calculated
- $146,924
- From this org
- $116,390
- From related orgs
- $0
- Other
- $30,534
- Hours/week
- 45
-
Tom AndersTOM ANDERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brad AngeloffBRAD ANGELOFF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ellen BettsELLEN BETTS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Colin DelagrangeCOLIN DELAGRANGE
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Justin GreerJUSTIN GREER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shorter GriffinSHORTER GRIFFIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom HarndenTOM HARNDEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ted HerncaneTED HERNCANE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bob IncorvatiBOB INCORVATI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John JudgeJOHN JUDGE
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 2
-
Mayor William JudgeMAYOR WILLIAM JUDGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dennis LiddleDENNIS LIDDLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bob MartinBOB MARTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Bob McKeeBOB MCKEE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Tiffany PetersTIFFANY PETERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Barry RosenbaumBARRY ROSENBAUM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patricia ShultzPATRICIA SHULTZ
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Jim StenderJIM STENDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Terry TaylorTERRY TAYLOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Pete WearstlerPETE WEARSTLER
BOARD 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.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
THE BARBERTON LAND AND IMPROVEMENT
HOLDING CO · OH
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 22 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441269349300009
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