philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Development Projects INC FY2021 filing

Not tax-deductible

Dayton, OH501(c)(6)Mutual / membership EIN 31-1425883Revenue $3.0M in FY2021Latest return filed Nov 11, 2025

On file with the IRSdaytonregion.comDayton, OHTax-exempt since Feb 1996

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

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

To retain, expand and recruit jobs in the dayton region.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1425883) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $7K a year · 0.2% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
3.1 mo
of spending, in cash
3.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$705K
70% of total assets
Liabilities are 70% of assets.
Pt X · Ln 26
Independent board members
4
of 5 voting members
4 of 5 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$3.0M
+60% vs prior year
Spent
$3.0M
Net assets
$309K
By yearFY2020–FY2024
Revenue
$3.0M
FY2021▲ +60%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.9M
FY2021$3.0M
FY2022$2.9M
FY2023$4.4M
FY2024$3.6M
Expenses
$3.0M
FY2021▲ +65%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$3.0M
FY2022$2.9M
FY2023$4.3M
FY2024$3.5M
Net assets
$309K
FY2021▼ -20%
Tap a bar for its year
Net assets by fiscal year
FY2020$387K
FY2021$309K
FY2022$324K
FY2023$372K
FY2024$412K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Visit site Support Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1996.

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

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Don Baker
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Jeffery C Hoagland
President & CEO
$0Pt VII · Sec A
Erin Rolfes
Trustee (jan - Dec)
$0Pt VII · Sec A
$0Pt VII · Sec A
Elaine Bryant
EVP - Aerospace and Defens
$0Pt VII · Sec A
See Development Projects INC 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 15aNo

Programs and updates

Creates and keeps jobs in the Dayton area.

Questions for Development Projects INC

Tap to ask. Development Projects INC sees how many people are interested.

Your first name shows with your question. Development Projects INC answers here, for everyone.

1 program · in their own filed words · FY2021
01

Collaborating with a vast network of state and local economic development partners, the coalition assists companies looking to expand or locate to the community. In the dayton metropolitan area, one out of every 11 jobs is a federal civilian, military, or contractor position.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 31-1425883) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$3.0M
Ln 12
Gifts and grantsLn 1h$3.0M
Investment incomeLn 3$2K
Money outPt IX
$3.0M
Ln 25
Owns and owesPt X
$309K
net assets · Ln 32
Cash and savingsLn 1–2$778K
Total assetsLn 16$1.0M
LiabilitiesLn 26$705K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.0M
Government grantsLn 1e$2.6M
Investment incomeLn 3$2K
Total revenueLn 12$3.0M
Assets in detailPt X, end of year
SavingsLn 2$778K
Cash and savings togetherLn 1–2$778K
Accounts receivableLn 4$235K
Total assetsLn 16$1.0M
LiabilitiesLn 26$705K
Net assetsLn 32$309K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.5M$778K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.7M$1.0M
LiabilitiesLn 26$1.4M$705K
Net assetsLn 32$387K$309K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$11K
Other fees for servicesLn 11g$2.3M
Advertising and promotionLn 12$52K
Information technologyLn 14$5K
OccupancyLn 16$121K
TravelLn 17$25K
Conferences, conventions and meetingsLn 19$207K
Other expenses (24a–d)Ln 24$314K
All other expensesLn 24e$1K
Total functional expensesLn 25$3.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 11, 2025 $3.6M$3.5M$40K$412K 990 PDF
FY2023Filed with the IRS Nov 12, 2024 $4.4M$4.3M$49K$372K 990 PDF
FY2022Filed with the IRS Nov 14, 2023 $2.9M$2.9M$15K$324K 990 PDF
FY2021 ViewingFiled with the IRS Nov 14, 2022 $3.0M$3.0M−$78K$309K 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $1.9M$1.8M$8K$387K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $2,956,440 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,849,507$2,954,809
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,012$1,631
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,851,519$2,956,440
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 $1,843,222$3,034,456
I-18 Total expensesPrior year $1,843,222$3,034,456
I-19 Revenue less expensesPrior year $8,297−$78,016
Part VI · Governance 4 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $2,956,440 across 5 lines filed
VIII-1b Membership dues$371,075
VIII-1e Government grants$2,583,734
VIII-1h Total contributions, gifts and grants$2,954,809
VIII-3 Investment incomeExcluded from tax $1,631$1,631
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,631$2,956,440
Part IX · Statement of functional expenses $3,034,456 across 9 lines filed
IX-11c Accounting fees$10,882
IX-11g Other fees for services$2,299,936
IX-12 Advertising and promotion$51,591
IX-14 Information technology$4,528
IX-16 Occupancy$120,786
IX-17 Travel$24,521
IX-19 Conferences, conventions and meetings$206,619
IX-24 Other expenses (24a–d)$314,141
IX-24e All other expenses$1,452
IX-25 Total functional expenses$3,034,456
Part X · Balance sheet $1,013,278 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $1,498,435$778,420
X-4 Accounts receivableStart of year $241,726$234,858
X-10c Land, buildings and equipment, netStart of year $0$0
X-16 Total assetsStart of year $1,740,161$1,013,278
X-17 Accounts payable and accrued expensesStart of year $45,391$125,607
X-19 Deferred revenueStart of year $1,080,024$296,063
X-25 Other liabilitiesStart of year $228,089$282,967
X-26 Total liabilitiesStart of year $1,353,504$704,637
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $386,657$308,641
X-32 Total net assets or fund balancesStart of year $386,657$308,641
X-33 Total liabilities and net assetsStart of year $1,740,161$1,013,278
Part XI · Reconciliation of net assets $308,641 net assets at year end
XI-1 Total revenue$2,956,440
XI-2 Total expenses$3,034,456
XI-3 Revenue less expenses−$78,016
XI-4 Net assets at start of year$386,657
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$308,641

Form 990 e-file (XML) FY2021 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.