Nonprofit · EIN 31-1125960
SBDC INC
Tax-exempt · SPRINGFIELD, OH 45502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $413,355 | $362,827 | $50,528 | $3,831,129 | $3,514,707 | $316,422 |
| June 30, 2024 | 990 | $655,295 | $586,389 | $68,906 | $3,867,090 | $3,601,289 | $265,801 |
| June 30, 2023 | 990 | $809,474 | $795,204 | $14,270 | $2,374,262 | $2,177,458 | $196,804 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $288,946
- of which government grants
- $288,946
- Program service revenue
- $21,335
- Investment income
- $103,074
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $81,627
- Other salaries and wages
- $45,516
- Salaries, compensation and benefits (total)
- $152,007
- Professional fundraising fees
- $0
- Legal fees
- $554
- Accounting fees
- $18,805
- Occupancy
- $16,650
- Travel
- $4,692
- Program services (functional)
- $339,117
- Management and general (functional)
- $23,710
Balance sheet and other
- Total assets, start of year
- $3,867,090
- Total assets, end of year
- $3,831,129
- Total liabilities, end of year
- $3,514,707
- Net assets, end of year
- $316,422
- Publicly traded securities
- $99,972
- Net assets without donor restrictions
- $316,422
- Gross receipts
- $413,355
- Employees
- 4
- Year formed
- 1984
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER M YOUNG | EXECUTIVE DIRECTOR Officer | 40 | $82,302 | $2,669 |
| KRISTIN DAVIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| BRIAN NOTT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOE COLLINSWORTH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BARRY COUTS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AMY DONOHOE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM FRANZEN | EX OFFICIO BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LORI HOUSEMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KENT STONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LISA STOUMILE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIN NEELY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OTTO LARSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROB POLLOCK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROB ALEXANDER | FORMER EXECUTIVE DIRECTOR Trustee or director | 40 | $61,102 | $6,801 |
| JONATHAN JOHNSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LISA STOUMILE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KENT STONE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OTTO LARSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROB POLLOCK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TRACY YATES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LORI HOUSEMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AMY DONOHOE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TOM FRANZEN | EX OFFICIO BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN NOTT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| KRISTIN DAVIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| BARRY COUTS | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOE COLLINSWORTH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROB ALEXANDER | EXECUTIVE DIRECTOR Trustee or director | 40 | $71,996 |
| LISA STOUMILE | BOARD MEMBER Trustee or director | 1 | $0 |
| KENT STONE | BOARD MEMBER Trustee or director | 1 | $0 |
| LORI HOUSEMAN | BAORD MEMBER Trustee or director | 1 | $0 |
| ROB POLLOCK | BOARD MEMEBER Trustee or director | 1 | $0 |
| TRACY YATES | BOARD MEMBER Trustee or director | 1 | $0 |
| NATHAN STUCKEY | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM FRANZEN | EX OFFICIO BOARD MEMBER Trustee or director | 1 | $0 |
| BARRY COUTS | BOARD MEMBER Trustee or director | 1 | $0 |
| AMY DONOHOE | BOARD MEMBER Trustee or director | 1 | $0 |
| KRISTIN DAVIS | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHELLE SWEENEY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOE COLLINSWORTH | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BRIAN NOTT | TREASURER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S LIMESTONE ST STE 411, SPRINGFIELD, OH 45502-1224
- In care of
- % PETER M YOUNG
- Principal officer (990 for 2024)
- PETER M YOUNG, 100 S LIMESTONE ST Ste 411, SPRINGFIELD, OH 45502
- Signed the 990
- PETER M YOUNG, EXECUTIVE DIRECTOR
- Phone
- (937) 322-7821
- Website
- WWW.SPRINGFIELDSBDC.COM
- Return prepared by
- Minette Tax & Accounting Service
Mission
THE MISSION IS TO ASSIST BUSINESSES BY OFFERING SPECIAL SERVICE, CONSULTATION, AND LOW RATE FINANCING TARGETING BUSINESSES IN SPRINGFIELD AND CLARK CO WITH 1-50 EMPLOYEES. WE HAVE A STATE MANDATE TO PROVIDE SERVICES TO SUPPORT JOB GROWTH AND DEVELOPMENT IN A NINE COUNTY AREA
Program accomplishments
- SMALL BUSINESS AND JOBS DEVELOPMENT AND DISBURSEMENT AND COLLECTION OF DEVELOPMENT LOANSExpenses $339,117 · revenue $103,073
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1125960
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $3,831,129
- Income (IRS master file)
- $413,355
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $413,355 | $362,827 | $3,831,129 | IRS |
| 990 | June 2024 | $655,295 | $586,389 | $3,867,090 | IRS |
| 990 | June 2023 | $809,474 | $795,204 | $2,374,262 | XML |
| 990 | June 2022 | $634,333 | $624,762 | $2,134,707 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 31-1125960).
Questions about SBDC INC
- What is the EIN of SBDC INC?
- The employer identification number (EIN) of SBDC INC is 31-1125960.
- Is SBDC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1987.
- Which annual return does SBDC 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 SBDC INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SBDC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SBDC INC?
- The 990 for the year ended June 30, 2025 names PETER M YOUNG.
- Who are the officers and directors of SBDC INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $82,302 (PETER M YOUNG, EXECUTIVE DIRECTOR).
- How much revenue does SBDC INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $413,355, expenses of $362,827 and total assets of $3,831,129 at year end.
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