Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1987.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
77 cents of each dollar spent went to programs.
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
25 people listed on the 990; $69K paid to officers and key staff (Part VII, Section A).
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Travis Richards | — | $93,000 | $87,731 | $85,176 | $81,900 |
| Ceann Bales | $69,058 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Jay County Development Corporation 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
Attracts businesses to expand or relocate, creating local jobs.
Questions for Jay County Development Corporation
Your first name shows with your question. Jay County Development Corporation answers here, for everyone.
Encourage business to originate, expand current facilities, or relocate to areas within jay county, indiana, in order to expand job opportunities of the residents of jay county, indiana
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $110K | $100K |
| Land, buildings, equipmentLn 10c | $0 | $6K |
| Total assetsLn 16 | $117K | $112K |
| LiabilitiesLn 26 | $13K | $13K |
| Net assetsLn 32 | $104K | $98K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $69K | $48K | $21K | |
| Other salaries and wagesLn 7 | $55K | $39K | $17K | |
| Other employee benefitsLn 9 | $20K | $14K | $6K | |
| Payroll taxesLn 10 | $11K | $8K | $3K | |
| Advertising and promotionLn 12 | $10K | $10K | ||
| OccupancyLn 16 | $5K | $4K | $1K | |
| TravelLn 17 | $4K | $4K | ||
| Conferences, conventions and meetingsLn 19 | $647 | $647 | ||
| InterestLn 20 | $295 | $215 | $80 | |
| Depreciation, depletion and amortizationLn 22 | $2K | $1K | $551 | |
| InsuranceLn 23 | $2K | $2K | $626 | |
| Other expenses (24a–d)Ln 24 | $44K | $41K | $3K | |
| All other expensesLn 24e | $6K | $5K | $721 | |
| Total functional expensesLn 25 | $229K | $176K | $53K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest ViewingFiled with the IRS Aug 7, 2026 | $224K | $229K | −$5K | $98K | 990 PDF |
| FY2024Filed with the IRS Jul 7, 2025 | $89K | $215K | −$126K | $104K | 990 PDF |
| FY2023Filed with the IRS Jul 17, 2024 | $218K | $261K | −$43K | $230K | 990 PDF |
| FY2022Filed with the IRS Jun 20, 2023 | $419K | $337K | $82K | $272K | 990 PDF |
| FY2021Filed with the IRS May 25, 2022 | $363K | $281K | $82K | $191K | 990 PDF |
| FY2020Filed with the IRS Jul 27, 2021 | $278K | $310K | −$33K | $109K | 990 PDF |
Schedules filed Part IV
See the full FY2025 990
Part I · Summary $223,927 revenue, 12 lines filed
Part VI · Governance 25 of 25 board members independent, no flags
Part VIII · Statement of revenue $223,927 across 6 lines filed
Part IX · Statement of functional expenses $229,126 across 13 lines filed
Part X · Balance sheet $111,866 assets, 10 lines filed
Part XI · Reconciliation of net assets $98,486 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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