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Nonprofit · EIN 31-1210665

CENTER CITY DEVELOPMENT CORPORATION

Tax-exempt · RICHMOND, IN 47374

Financials

$151K$247K2023$82K$108K2024$130K$123K2025
Revenue Expenses · by fiscal year end
Financials of CENTER CITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$129,727$122,720$7,007$475,365$297,500$177,865
December 31, 2024990$81,791$107,798-$26,007$471,155$300,297$170,858
December 31, 2023990$150,900$246,976-$96,076$501,827$304,962$196,865
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$41,500
of which government grants
$16,000
Program service revenue
$78,319
Investment income
$0
Net income from fundraising events
$9,908
Other revenue
$9,908

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$19,548
Occupancy
$17,528
Depreciation
$21,299
Program services (functional)
$62,097
Management and general (functional)
$60,412
Fundraising (functional)
$211

Balance sheet and other

Total assets, start of year
$471,155
Total assets, end of year
$475,365
Total liabilities, end of year
$297,500
Net assets, end of year
$177,865
Land, buildings and equipment
$431,074
Net assets without donor restrictions
$155,898
Net assets with donor restrictions
$21,967
Gross receipts
$203,791
Employees
0
Volunteers
50
Year formed
1987
State of legal domicile
IN

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
CATHY HILLARDPRESIDENT
Trustee or director, Officer
3$0
DAKOTA COLLINSVICE PRESIDENT
Trustee or director, Officer
3$0
ED DELAPAZSECRETARY
Trustee or director, Officer
3$0
VALERIE SHAFFERTREASURER
Trustee or director, Officer
3$0
SHARON HARLIN-DAVISDIRECTOR
Trustee or director
1$0
JERRY PURCELLDIRECTOR
Trustee or director
1$0
BRIDGET HAZELBAKERDIRECTOR
Trustee or director
1$0
CHAD BOLSERDIRECTOR
Trustee or director
1$0
TRACIE ROBINSONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 9 people
NameTitleHours / weekCompensation
BETH NEWTONEXECUTIVE DIRECTOR
Officer
40$7,364
CATHY HILLARDPRESIDENT
Trustee or director, Officer
3$0
DAKOTA COLLINSVICE PRESIDENT
Trustee or director, Officer
3$0
ED DELAPAZSECRETARY
Trustee or director, Officer
3$0
BRAD WILSONTREASURER
Trustee or director, Officer
3$0
RENEE DOTYDIRECTOR
Trustee or director
1$0
SHARON HARLIN-DAVISDIRECTOR
Trustee or director
1$0
JERRY PURCELLDIRECTOR
Trustee or director
1$0
BRIDGET HAZELBAKERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
ELIZABETH NEWTONEXECUTIVE DIRECTOR
Officer
40$70,000
RENEE DOTYPRESIDENT
Trustee or director, Officer
3$0
CATHY HILLARDVICE PRESIDENT
Trustee or director, Officer
3$0
ED DELAPAZSECRETARY
Trustee or director, Officer
3$0
BRAD WILSONTREASURER
Trustee or director, Officer
3$0
DAKOTA COLLINSDIRECTOR
Trustee or director
1$0
SHARON HARLIN-DAVISDIRECTOR
Trustee or director
1$0
STASIA VERAMALLAYDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
814 E MAIN ST, RICHMOND, IN 47374-4316
Principal officer (990 for 2025)
VALERIE SHAFFER, 814 EAST MAIN STREET, RICHMOND, IN 47374
Signed the 990
VALERIE SHAFFER, TREASURER
Phone
(765) 962-8151
Return prepared by
BURKE CPAS & ADVISORS PLL

Mission

TO PROMOTE THE REVITALIZATION OF DOWNTOWN RICHMOND THROUGH LOANS, CONSULTING ON IMPROVEMENTS, AND SPECIAL EVENTS TO INCREASE FOOT TRAFFIC.

990 for the year ended December 31, 2025

Program accomplishments

  • PROMOTING THE REVITALIZATION OF DOWNTOWN RICHMOND THROUGH LOANS, CONSULTING ON IMPROVEMENTS, AND SPECIAL EVENTS TO INCREASE FOOT TRAFFIC.
    Expenses $62,097 · revenue $78,319

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
31-1210665
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
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$475,365
Income (IRS master file)
$203,791

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$129,727$122,720$475,365IRS
990December 2024$81,791$107,798$471,155XML
990December 2023$150,900$246,976$501,827XML
990December 2022$68,923$254,809$602,956IRS
990December 2021–––IRS
990December 2020–––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 31-1210665).

Questions about CENTER CITY DEVELOPMENT CORPORATION

What is the EIN of CENTER CITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of CENTER CITY DEVELOPMENT CORPORATION is 31-1210665.
Is CENTER CITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to CENTER CITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTER CITY DEVELOPMENT CORPORATION 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 CENTER CITY DEVELOPMENT CORPORATION 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 CENTER CITY DEVELOPMENT CORPORATION 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 CENTER CITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names VALERIE SHAFFER.
Who are the officers and directors of CENTER CITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does CENTER CITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $129,727, expenses of $122,720 and total assets of $475,365 at year end.

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