Nonprofit · EIN 26-3911625
SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP
Tax-exempt · CORUNNA, MI 48817
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,089,344 | $1,218,734 | -$129,390 | $429,157 | $3,860 | $425,297 |
| December 31, 2024 | 990 | $1,019,599 | $819,798 | $199,801 | $559,266 | $5,155 | $554,111 |
| December 31, 2023 | 990 | $750,354 | $718,091 | $32,263 | $340,020 | $7,302 | $332,718 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $929,334
- of which government grants
- $236,667
- Membership dues
- $419,863
- Program service revenue
- $3,156
- Investment income
- $21,199
- Other revenue
- $135,655
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $313,843
- Salaries, compensation and benefits (total)
- $381,868
- Professional fundraising fees
- $0
- Accounting fees
- $5,250
- Occupancy
- $26,017
- Depreciation
- $1,520
- Program services (functional)
- $1,218,734
Balance sheet and other
- Total assets, start of year
- $559,266
- Total assets, end of year
- $429,157
- Total liabilities, end of year
- $3,860
- Net assets, end of year
- $425,297
- Land, buildings and equipment
- $4,668
- Publicly traded securities
- $174,195
- Net assets without donor restrictions
- $281,308
- Net assets with donor restrictions
- $143,989
- Gross receipts
- $1,089,344
- Employees
- 6
- Volunteers
- 50
- Year formed
- 2009
- State of legal domicile
- MI
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTIN HORVATH | CEO Trustee or director, Officer | 40 | $111,384 | $16,708 |
| TOM BRIDGES THOMAS S BRIDGES ATTORN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| MATT STRNAD HUNTINGTON BANK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SAM GHANNAM HORIZON BANK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RON MALLORY MALLORY BUILDING | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MIKE KONOPACKE BAKER COLLEGE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHARLENE HEBEKEUSER TRI-MER CORP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOE SAWYER CITY OF CORUNNA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GARY HOLZHAUSEN SHIAWASSEE COUNTY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| COLLIN ROSE DAYSTARR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRIAN BOGGS CITY OF DURAND | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RAFAEL TURNER CONSUMERS ENERGY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRIS TAPHOUSE COVENANT EYES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL COOK COOK FAMILY FOUNDATION | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRYAN MARKS GREAT LAKES FUSHION | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEN FREDERICK MEMORIAL HEALTHCARE | TRUSTEE Trustee or director | 2 | $0 |
| ERIC WALTHER CREST MARINE | TRUSTEE Trustee or director | 2 | $0 |
| NATHAN HENNE CITY OF OWOSSO | TRUSTEE Trustee or director | 2 | $0 |
| MORGAN BEILFUSS HOME OFFICE REALTY | TRUSTEE Trustee or director | 2 | $0 |
| DAVID SCHULTE SHIAWASSEE RESD | TRUSTEE Trustee or director | 2 | $0 |
| KENT EDWARDS ROWE PROFESSIONAL SEV | TRUSTEE Trustee or director | 2 | $0 |
| SHELLY ORCHODNICKY CALEDONIA TOWNSH | TRUSTEE Trustee or director | 2 | $0 |
| DIANE KRAJCOVIC OWOSSO TOWNSHIP | SECRETARY Trustee or director, Officer | 2 | $0 |
| MARK FRASER PERRY TOWNSHIP | VICE-CHAIR Trustee or director, Officer | 2 | $0 |
| SAM MARIUZ FEIS AND VANDENBRINK | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTIN HORVATH | CEO Trustee or director, Officer | 40 | $109,200 | $15,693 |
| TOM BRIDGES THOMAS S BRIDGES ATTORN | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MATT STRNAD HUNTINGTON BANK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SAM GHANNAM HORIZON BANK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RON MALLORY MALLORY BUILDING | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MIKE KONOPACKE BAKER COLLEGE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHARLENE HEBEKEUSER TRI-MER CORP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOE SAWYER CITY OF CORUNNA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GARY HOLZHAUSEN SHIAWASSEE COUNTY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| COLLIN ROSE DAYSTARR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RAFAEL TURNER CONSUMERS ENERGY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRIS TAPHOUSE COVENANT EYES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL COOK COOK FAMILY FOUNDATION | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRYAN MARKS GREAT LAKES FUSHION | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TOM KURTZ MEMORIAL HEALTHCARE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ERIC WALTHER CREST MARINE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NATHAN HENNE CITY OF OWOSSO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MORGAN BEILFUSS HOME OFFICE REALTY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID SCHULTE SHIAWASSEE RESD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KENT EDWARDS ROWE PROFESSIONAL SEV | TRUSTEE Trustee or director | 2 | $0 | $0 |
| SHELLY ORCHODNICKY CALEDONIA TOWNSH | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DIANE KRAJCOVIC OWOSSO TOWNSHIP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARK FRASER PERRY TOWNSHIP | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| CHAD CUSHMAN INDIAN TRAILS | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SAM MARIUZ FEIS AND VANDENBRINK | TRUSTEE Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUSTIN HORVATH | CEO Trustee or director, Officer | 40 | $105,000 | $13,629 |
| SAMMY BEYDOUN SA AUTOMOTIVE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CRAIG BISHOP HUNTINGTON BANK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MICHAEL MODLIN FIFTH THIRD BANK | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RON MALLORY MALLORY BUILDING | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MIKE KONOPACKE BAKER COLLEGE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHARLENE HEBEKEUSER TRI-MER CORP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOE SAWYER CITY OF CORUNNA | TRUSTEE Trustee or director | 2 | $0 | $0 |
| GARY HOLZHAUSEN SHIAWASSEE COUNTY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| COLLIN ROSE DAYSTARR | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RAFAEL TURNER CONSUMERS ENERGY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHRIS TAPHOUSE COVENANT EYES | TRUSTEE Trustee or director | 2 | $0 | $0 |
| PAUL COOK COOK FAMILY FOUNDATION | TRUSTEE Trustee or director | 2 | $0 | $0 |
| BRYAN MARKS GREAT LAKES FUSHION | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TOM KURTZ MEMORIAL HEALTHCARE | VICE-CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ERIC WALTHER CREST MARINE | TRUSTEE Trustee or director | 2 | $0 | $0 |
| NATHAN HENNE CITY OF OWOSSO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DAVID SCHULTE SHIAWASSEE RESD | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JASON BALL ROWE PROFESSIONAL SERV | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KENT EDWARDS ROWE PROFESSIONAL SEV | TRUSTEE Trustee or director | 2 | $0 | $0 |
| AMY HOLEK CALEDONIA TOWNSHIP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| DIANE KRAJCOVIC OWOSSO TOWNSHIP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARK FRASER PERRY TOWNSHIP | TRUSTEE Trustee or director | 2 | $0 | $0 |
| CHAD CUSHMAN INDIAN TRAILS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 201 N SHIAWASSEE ST FL 3, CORUNNA, MI 48817-1462
- In care of
- % SEDP
- Principal officer (990 for 2025)
- JUSTIN HORVATH, 201 N SHIAWASSEE ST 3RD FLOOR, CORUNNA, MI 48817
- Signed the 990
- JUSTIN HORVATH, CEO
- Phone
- (989) 725-9241
- Website
- WWW.SEDPWEB.ORG
- Return prepared by
- VMD & ASSOCIATES PLLC
Mission
TO IMPROVE SHIAWASSEE COUNTY'S ECONOMY THROUGH A PROGRAM OF BUSINESS ATTRACTION, RETENTION, EXPANSION, AND ENTREPRENEURIAL DEVELOPMENT.
Program accomplishments
- BUSINESS DEVELOPMENT: SUPPORT THE EXPANSION AND DIVERSIFICATION OF OUR EMPLOYER BASE FOR THE FUTURE.
- WORKFORCE DEVELOPMENT: BUILD THE TALENT PIPELINE TO ENSURE OUR COMPANIES HAVE THE WORKERS THE NEED NOW AND INTO THE FUTURE, WITH A FOCUS ON INCREASING CAREER OPPORTUNITIES THAT WILL ELEVATE INCOMES, REDUCE POVERTY, AND IMPROVE OUR COUNTY'S STANDARD OF LIVING.
- REAL ESTATE DEVELOPMENT: ADDRESS HOUSING AND INDUSTRIAL BUILING SHORTAGES WHICH LIMIT POPULATION, BUSINESS AND TAX BASE GROWTH.
- MARKET INTELLIGENCE: GATHER KEY INFORMAITON ON ECONOMIC TRENDS AND GOVERNMENT INITIATIVES THAT INFORM EFFORTS ACROSS THE ECONOMIC BASE OF THE COUNTY. INVESTOR OUTREACH: OUTREACH TO CURRENT AND PROSPECTIVE MEMBERS TO ENSURE EFFECTIVE COMMUNICATION AND SUSTAINABLE FUNDING. PROFESSIONAL AND TECHNICAL SUPPORT: PROVIDE PROJECT DEVELOPMENT AND GRANT WRITING SERVICES TO BUSINESS ENTITIES.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3911625
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $429,157
- Income (IRS master file)
- $1,089,344
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,089,344 | $1,218,734 | $429,157 | IRS |
| 990 | December 2024 | $1,019,599 | $819,798 | $559,266 | IRS |
| 990 | December 2023 | $750,354 | $718,091 | $340,020 | XML |
| 990 | December 2022 | $468,084 | $530,309 | $285,543 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 26-3911625).
Questions about SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP
- What is the EIN of SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP?
- The employer identification number (EIN) of SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP is 26-3911625.
- Is SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2009.
- Are donations to SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP 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 SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP 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 SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP 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 SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP?
- The 990 for the year ended December 31, 2025 names JUSTIN HORVATH.
- Who are the officers and directors of SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP?
- The 990 for the year ended December 31, 2025 lists 25 people; 1 received compensation from the organization, the highest $111,384 (JUSTIN HORVATH, CEO).
- How much revenue does SHIAWASSEE ECONOMIC DEVELOPMENT PARTNERSHIP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,089,344, expenses of $1,218,734 and total assets of $429,157 at year end.
Other nonprofits in CORUNNA
- OWOSSO CHARTER TOWNSHIP INDUSTRIAL PARK WEST CORPORATION EIN 47-2961573 · last filed 990-N for 2025
- SHIAWASSEE COUNTY AGRICULTURAL SOCIETY FAIRGROUNDS EIN 38-1390397 · last filed 990 for 2025
- CORUNNA AREA AMBULANCE SERVICE INC EIN 51-0161005 · last filed 990 for 2025
- CORUNNA PUBLIC SCHOOLS EDUCATIONAL FOUNDATION EIN 38-2571829 · last filed 990 for 2025
- ROTARY INTERNATIONAL EIN 90-0429209 · last filed 990 for 2025
- SHIAWASSEE COUNTY FARM BUREAU EIN 38-1373741 · last filed 990-EZ for 2025
- MICHIGAN FESTIVALS & EVENTS FOUNDATION EIN 38-3156701 · last filed 990 for 2025
- SWEET ADELINES INTERNATIONAL EIN 51-0142683 · last filed 990-EZ for 2026
All nonprofits in CORUNNA · Michigan · Community improvement and capacity building