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FULTON ECONOMIC DEVELOPMENT CORPORATION

EIN 35-1789121 ROCHESTER, IN

Largest nonprofits in Indiana

Revenue 2025
$366,921
Expenses 2025
$265,903

Program services were 63.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S20
Classification
1000
Street
822 MAIN ST

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

TO DEVELOP BUSINESS AND INDUSTRY WITHIN FULTON COUNTY.

  • ASSISTED IN THE DEVELOPMENT, EXPANSION AND EDUCATION OF SMALL BUSINESS AND INDUSTRY IN FULTON COUNTY, INDIANA. HELPED FACILITATE ATTRACTING NEW INDUSTRY AND BUSINESS TO ROCHESTER AND FULTON COUNTY.

    Expenses $169,352 · Revenue $10,730

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Michael Ladd

    EXECUTIVE DIRECTOR

    Total calculated
    $76,052
    From this org
    $70,000
    From related orgs
    $0
    Other
    $6,052
    Hours/week
    40
  • Brian Goodman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Michelle Million

    SECTREASURER

    Total calculated
    $0
    Hours/week
    12
  • Lisa Reffett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jana Vance

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Orville Haney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tiffany Lukens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Andrew Horstman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Mark McCall

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Chris Hoffman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ted Waggoner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Angie Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alan Fisher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Randy Gundrum

    EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Evan Gottschalk

    EX OFFICIO

    Total calculated
    $0
    Hours/week
    1
  • Jason Grube

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    not reported

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. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $366,921
    Expenses
    $265,903
    Contributions
    $349,741
    Grants paid
    $0
  • 2024
    Revenue
    $325,896
    Expenses
    $276,470
    Contributions
    $309,427
    Grants paid
    $0
  • 2023
    Revenue
    $707,523
    Expenses
    $726,887
    Contributions
    $691,963
    Grants paid
    $0
  • 2022
    Revenue
    $735,312
    Expenses
    $632,154
    Contributions
    $700,233
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $911,441
    Expenses
    $833,564
    Assets (EOY)
    $1,404,412
  • 2020 · 990

    Revenue
    $911,123
    Expenses
    $794,459
    Assets (EOY)
    $1,302,187
  • 2019 · 990

    Revenue
    $530,234
    Expenses
    $545,139
    Assets (EOY)
    $1,186,683
  • 2018 · 990

    Revenue
    $648,981
    Expenses
    $625,076
    Assets (EOY)
    $1,199,488
  • 2014 · 990

    Revenue
    $1,901,363
    Expenses
    $1,454,424
    Assets (EOY)
    $1,140,819
  • 2013 · 990

    Revenue
    $440,894
    Expenses
    $451,487
    Assets (EOY)
    $694,968
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $337,386
    Assets (EOY)
    $700,558
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $386,155
    Assets (EOY)
    $582,829
  • 2011 · 990

    Revenue
    not reported
    Expenses
    $295,106
    Assets (EOY)
    $590,710
  • 2010 · 990

    Revenue
    not reported
    Expenses
    $190,188
    Assets (EOY)
    $651,562

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

  • Exemption revoked 15 May 2018, reinstated 15 May 2018.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.