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Nonprofit · EIN 26-0292725

BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC

Tax-exempt · VAN WERT, OH 45891

Financials

$459K$153K2023$655K$133K2024$338K$107K2025
Revenue Expenses · by fiscal year end
Financials of BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$337,792$106,510$231,282$2,858,236$0$2,858,236
December 31, 2024990$655,052$133,040$522,012$2,626,954$0$2,626,954
December 31, 2023990$458,849$153,359$305,490$2,104,942$0$2,104,942
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$280,325
Membership dues
$75
Program service revenue
$6,360
Investment income
$51,107
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,100
Occupancy
$4,114
Travel
$2,865
Program services (functional)
$62,448
Management and general (functional)
$7,062
Fundraising (functional)
$37,000

Balance sheet and other

Total assets, start of year
$2,626,954
Total assets, end of year
$2,858,236
Total liabilities, end of year
$0
Net assets, end of year
$2,858,236
Land, buildings and equipment
$629,275
Net assets without donor restrictions
$2,858,236
Gross receipts
$337,792
Employees
0
Volunteers
15
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
STACY ADAMTRUSTEE
Trustee or director
0.25$0
ANTHONY ADAMSTRUSTEE
Trustee or director
0.25$0
SETH BAKERTRUSTEE
Trustee or director
0.25$0
SCOTT ETZLERTRUSTEE
Trustee or director
0.25$0
BRIAN GREVETRUSTEE
Trustee or director
0.25$0
BRENT KOHNTRUSTEE
Trustee or director
0.25$0
KERRY KOONTZTRUSTEE
Trustee or director
0.25$0
MICHELLE MOONEYTRUSTEE
Trustee or director
0.25$0
FRED PONDTRUSTEE
Trustee or director
0.25$0
ROB SLUSSERTRUSTEE
Trustee or director
0.25$0
JON STOLLERTRUSTEE
Trustee or director
0.25$0
JON TOMLINSONTRUSTEE
Trustee or director
0.25$0
RICK TURNERTRUSTEE
Trustee or director
0.25$0
TOM TURNWALDTRUSTEE
Trustee or director
0.25$0
MARK WHITETRUSTEE
Trustee or director
0.25$0
6 more people on this return
NameTitleHours / weekCompensation
JENA WIERWILLETRUSTEE
Trustee or director
0.25$0
SARA ZURATRUSTEE
Trustee or director
0.25$0
AARON BAKERSECRETARY
Officer
0.25$0
ANDY CZAJKOWSKIPRESIDENT
Officer
0.25$0
ADAM RIESTREASURER
Officer
1$0
PAT RYANVICE PRESIDE
Officer
0.25$0
990 for the year ended December 31, 2024: 19 people
NameTitleHours / weekCompensation
STACY ADAMTRUSTEE
Trustee or director
0.25$0
ANTHONY ADAMSTRUSTEE
Trustee or director
0.25$0
SETH BAKERTRUSTEE
Trustee or director
0.25$0
SCOTT ETZLERTRUSTEE
Trustee or director
0.25$0
BRIAN GREVETRUSTEE
Trustee or director
0.25$0
KERRY KOONTZTRUSTEE
Trustee or director
0.25$0
MICHELLE MOONEYTRUSTEE
Trustee or director
0.25$0
FRED PONDTRUSTEE
Trustee or director
0.25$0
JON STOLLERTRUSTEE
Trustee or director
0.25$0
JON TOMLINSONTRUSTEE
Trustee or director
0.25$0
RICK TURNERTRUSTEE
Trustee or director
0.25$0
TOM TURNWALDTRUSTEE
Trustee or director
0.25$0
MARK WHITETRUSTEE
Trustee or director
0.25$0
JENA WIERWILLETRUSTEE
Trustee or director
0.25$0
SARA ZURATRUSTEE
Trustee or director
0.25$0
AARON BAKERSECRETARY
Officer
0.25$0
ANDY CZAJKOWSKIPRESIDENT
Officer
0.25$0
ADAM RIESTREASURER
Officer
1$0
PAT RYANVICE PRESIDE
Officer
0.25$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
STACY ADAMTRUSTEE
Trustee or director
0.25$0
ANTHONY ADAMSTRUSTEE
Trustee or director
0.25$0
SETH BAKERTRUSTEE
Trustee or director
0.25$0
SCOTT ETZLERTRUSTEE
Trustee or director
0.25$0
BRIAN GREVETRUSTEE
Trustee or director
0.25$0
MICHELLE MOONEYTRUSTEE
Trustee or director
0.25$0
TAYLOR ORSBONTRUSTEE
Trustee or director
0.25$0
FRED PONDTRUSTEE
Trustee or director
0.25$0
JON STOLLERTRUSTEE
Trustee or director
0.25$0
TOM TURNWALDTRUSTEE
Trustee or director
0.25$0
MARK WHITETRUSTEE
Trustee or director
0.25$0
SARA ZURATRUSTEE
Trustee or director
0.25$0
AARON BAKERSECRETARY
Officer
0.25$0
ANDY CZAJKOWSKIPRESIDENT
Officer
0.25$0
ADAM RIESTREASURER
Officer
1$0
PAT RYANVICE PRESIDE
Officer
0.25$0

Address and contacts

Address (IRS master file)
679 FOX RD, VAN WERT, OH 45891-2459
In care of
% TOM TURNWALD
Mailing address (990-N for 2014)
515 East Main Street, Van Wert OH 45891
Principal officer (990 for 2025)
ADAM RIES, 679 FOX RD, VAN WERT, OH 45891
Principal officer (990-N for 2014)
Tom Turnwald, 515 East Main Street, Van Wert OH 45891
Signed the 990
ADAM RIES, TREASURER
Phone
(419) 203-5732
Return prepared by
BASHORE REINECK STOLLER & WATERMAN INC

Mission

PROMOTE AND ENCOURAGE BUSINESS DEVELOPMENT IN THE VAN WERT COUNTY, OHIO AREA THROUGH NON-PROFIT AND NON-DISCRIMINATORY FINANCIAL AND MISCELLANEOUS ASSISTANCE.

990 for the year ended December 31, 2025

Program accomplishments

  • PROMOTE AND ENCOURAGE BUSINESS DEVELOPMENT IN THE VAN WERT COUNTY, OHIO AREA THROUGH NON-PROFIT AND NON-DISCRIMINATORY FINANCIAL AND MISCELLANEOUS ASSISTANCE.
    Expenses $62,448

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-0292725
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,858,236
Income (IRS master file)
$337,792

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$337,792$106,510$2,858,236IRS
990December 2024$655,052$133,040$2,626,954IRS
990December 2023$458,849$153,359$2,104,942XML
990December 2022$158,343$81,015$1,799,452IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2014
Officer: Tom Turnwald
December 31, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-0292725).

Questions about BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC

What is the EIN of BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC?
The employer identification number (EIN) of BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC is 26-0292725.
Is BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC?
The 990 for the year ended December 31, 2025 names ADAM RIES.
Who are the officers and directors of BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC?
The 990 for the year ended December 31, 2025 lists 21 people; 0 received compensation from the organization.
How much revenue does BUSINESS DEVELOPMENT CORPORATION OF VAN WERT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $337,792, expenses of $106,510 and total assets of $2,858,236 at year end.

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