County Corp Development FY2020 filing

Dayton, OHUnknown exempt organization EIN 31-1023724Revenue $338K in FY2020Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSbizcap.orgDayton, OH

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

To improve the quality of life for residents of montgomery County and neighboring counties through improved economic Development opportunities. The primary purpose is the creation and retention of jobs in montgomery and surrounding counties.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1023724) · Dispute this line
63¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $16K a year · 10% of revenue · last 4 filings
A surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
63%
of spending
63% of spending went to programs.
Pt IX · Ln 25 · col B
29.4 mo
of spending, in cash
29.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.2M
72% of total assets
Liabilities are 72% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$338K
Spent
$278K
To programs
63%
Net assets
$1.6M
By yearFY2020–FY2023
Revenue
$338K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$338K
FY2021$183K
FY2022$92K
FY2023$28K
Expenses
$278K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$278K
FY2021$265K
FY2022$106K
FY2023$56K
Net assets
$1.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$1.6M
FY2022$1.6M
FY2023$0

From the FY2020 Form 990 (year ending September 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $176K Management & general 37% · $102K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Imm. Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Sec. (oct-Dec)/V. Chair (jan-Sept)
$0Pt VII · Sec A
V. Chair (oct-Dec)/Ttee. (jan-Sept)
$0Pt VII · Sec A
Ttee. (oct-Sept)/Sec. (may-Sept)
$0Pt VII · Sec A
Ttee. (oct-Jan)/Sec. (jan)
$0Pt VII · Sec A
Treas. (oct-Mar)
$0Pt VII · Sec A
$0Pt VII · Sec A
See County Corp Development executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Creates jobs and improves economic opportunities in Montgomery and neighboring counties.

Questions for County Corp Development

Tap to ask. County Corp Development sees how many people are interested.

Your first name shows with your question. County Corp Development answers here, for everyone.

3 programs · $175K · in their own filed words · FY2019
01

Operated the sba 504 loan program in the state of ohio. Processed, approved and closed loans and provided servicing on loan portfolio of 67 loans. Approved 2 loans totaling $214,000 which when closed will leverage additional senior lending institution financing of $252,500 and $50,500 of owner's equity and which will result in the…

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1023724) · Dispute this line
$129Kprogram expense
02

Operated the state of ohio 166 loan program in the state of ohio. Processed, approved and closed loans and provided servicing on portfolio of 20 loans. Approved 0 loans during the fiscal year. Closed 0 loans during the fiscal year.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1023724) · Dispute this line
$29Kprogram expense
03

Operated 2 CDBG loan programs in montgomery county (outside the city of dayton). Processed, approved and closed loans and provided servicing on loan portfolio of 18 loans. Approved 0 loans during the fiscal year. Closed 0 loans during the fiscal year.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1023724) · Dispute this line
$17Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$338K
Ln 12
Fees for servicesLn 2g$181K
Investment incomeLn 3$157K
Money outPt IX
$278K
Ln 25
Programscol B$176K
Managementcol C$102K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$681K
Total assetsLn 16$5.8M
LiabilitiesLn 26$4.2M
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$181K
Investment incomeLn 3$157K
Gains on assetsLn 7$157K
Total revenueLn 12$338K
Assets in detailPt X, end of year
CashLn 1$590K
SavingsLn 2$91K
Cash and savings togetherLn 1–2$681K
Accounts receivableLn 4$7K
Notes and loans receivableLn 7$1.0M
Prepaid expenses and deferred chargesLn 9$4K
Land, buildings, equipmentLn 10c$3K
InvestmentsLn 11–13$20K
Other assetsLn 15$4.0M
Total assetsLn 16$5.8M
LiabilitiesLn 26$4.2M
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$422K$681K
InvestmentsLn 11–13$21K$20K
Land, buildings, equipmentLn 10c$30K$3K
Total assetsLn 16$5.7M$5.8M
LiabilitiesLn 26$4.1M$4.2M
Net assetsLn 32$1.6M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$1K$727$683
Accounting feesLn 11c$12K$12K
Other fees for servicesLn 11g$5K$5K
Advertising and promotionLn 12$99$99
Office expensesLn 13$25K$6K$19K
OccupancyLn 16$10K$10K
TravelLn 17$879$652$227
Conferences, conventions and meetingsLn 19$2K$191$2K
Depreciation, depletion and amortizationLn 22$1K$851$213
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$211K$167K$44K
All other expensesLn 24e$408$58$350
Total functional expensesLn 25$278K$176K$102K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Aug 15, 2024 $28K$56K−$28K$0 990 PDF
FY2022Filed with the IRS Aug 15, 2023 $92K$106K−$14K$1.6M 990 PDF
FY2021Filed with the IRS Aug 9, 2022 $183K$265K−$82K$1.6M 990 PDF
FY2020 ViewingFiled with the IRS Aug 9, 2021 $338K$278K$61K$1.6M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $338,431 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $221,797$181,224
I-10 Investment incomePrior year $215$157,207
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $222,012$338,431
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $358,346$277,786
I-18 Total expensesPrior year $358,346$277,786
I-19 Revenue less expensesPrior year −$136,334$60,645
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $338,431 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $181,224$181,224
VIII-3 Investment incomeExcluded from tax $137$137
VIII-7 Net gain or loss on sales of assetsExcluded from tax $157,070$157,070
VIII-12 Total revenueRelated to mission $181,224 · Unrelated business $0 · Excluded from tax $157,207$338,431
Part IX · Statement of functional expenses $277,786 across 12 lines filed
IX-11b Legal feesPrograms $727 · Management $683$1,410
IX-11c Accounting feesManagement $12,100$12,100
IX-11g Other fees for servicesManagement $4,803$4,803
IX-12 Advertising and promotionManagement $99$99
IX-13 Office expensesPrograms $6,080 · Management $19,286$25,366
IX-16 OccupancyManagement $10,460$10,460
IX-17 TravelPrograms $652 · Management $227$879
IX-19 Conferences, conventions and meetingsPrograms $191 · Management $1,513$1,704
IX-22 Depreciation, depletion and amortizationPrograms $851 · Management $213$1,064
IX-23 InsuranceManagement $8,625$8,625
IX-24 Other expenses (24a–d)Programs $167,293 · Management $43,575$210,868
IX-24e All other expensesPrograms $58 · Management $350$408
IX-25 Total functional expensesPrograms $175,852 · Management $101,934 · Fundraising $0$277,786
Part X · Balance sheet $5,801,809 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $334,941$589,781
X-2 Savings and temporary cash investmentsStart of year $86,805$91,421
X-4 Accounts receivableStart of year $9,996$6,735
X-7 Notes and loans receivableStart of year $1,183,581$1,037,048
X-9 Prepaid expenses and deferred chargesStart of year $3,905$3,989
X-10c Land, buildings and equipment, netStart of year $29,986$3,108
X-13 Program-related investmentsStart of year $20,930$19,842
X-15 Other assetsStart of year $4,049,885$4,049,885
X-16 Total assetsStart of year $5,720,029$5,801,809
X-17 Accounts payable and accrued expensesStart of year $97,778$118,001
X-25 Other liabilitiesStart of year $4,049,885$4,049,885
X-26 Total liabilitiesStart of year $4,147,663$4,167,886
X-27 Net assets without donor restrictionsStart of year $1,572,366$1,633,923
X-32 Total net assets or fund balancesStart of year $1,572,366$1,633,923
X-33 Total liabilities and net assetsStart of year $5,720,029$5,801,809
Part XI · Reconciliation of net assets $1,633,923 net assets at year end
XI-1 Total revenue$338,431
XI-2 Total expenses$277,786
XI-3 Revenue less expenses$60,645
XI-4 Net assets at start of year$1,572,366
XI-5 Net unrealized gains (losses) on investments$912
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,633,923

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.