Nonprofit · EIN 31-1433172
DEVELOPMENT RESEARCH CORPORATION
Tax-exempt · DAYTON, OH 45409
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $160,613 | $74,650 | $85,963 | $2,249,541 | $343,941 | $1,905,600 |
| December 31, 2023 | 990 | $141,374 | $77,673 | $63,701 | $2,160,574 | $341,641 | $1,818,933 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $65,000
- Program service revenue
- $0
- Investment income
- $96,317
- Other revenue
- -$704
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $9,450
- Program services (functional)
- $57,680
- Management and general (functional)
- $15,572
- Fundraising (functional)
- $1,398
Balance sheet and other
- Total assets, start of year
- $2,160,574
- Total assets, end of year
- $2,249,541
- Total liabilities, end of year
- $343,941
- Net assets, end of year
- $1,905,600
- Net assets without donor restrictions
- $1,905,600
- Gross receipts
- $160,613
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1995
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFERY C HOAGLAND | PRESIDENT & CEO Trustee or director, Officer | 1 | $0 | $387,271 | $44,982 |
| DAVID R HARRISON | CFO Officer | 1 | $0 | $277,090 | $33,773 |
| MICHAEL D GESSEL | VP - FEDERAL GOV'T PROGRAM Highest-paid employee | 1 | $0 | $262,265 | $23,407 |
| JULIE SULLIVAN | EVP - REGIONAL DEVELOPMENT Highest-paid employee | 1 | $0 | $231,673 | $38,090 |
| DAVID BURROWS | EVP - ENGAGEMENT & BUSINES Highest-paid employee | 1 | $0 | $208,619 | $36,986 |
| ELAINE BRYANT | EVP - AEROSPACE AND DEFENS Highest-paid employee | 1 | $0 | $221,550 | $14,081 |
| DAN CURRAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JESSE LIGHTLE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ERIN ROLFES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARK WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN LANDESS | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DAN MCCABE | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JAMES B CARTY | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFFERY C HOAGLAND | PRESIDENT & CEO Trustee or director, Officer | 1 | $0 | $357,977 | $44,158 |
| DAVID R HARRISON | CFO Officer | 1 | $0 | $256,098 | $35,629 |
| MICHAEL D GESSEL | VP - FEDERAL GOV'T PROGRAM Highest-paid employee | 1 | $0 | $253,245 | $22,816 |
| JULIE SULLIVAN | EVP - REGIONAL DEVELOPMENT Highest-paid employee | 1 | $0 | $214,034 | $37,357 |
| ELAINE BRYANT | EVP - AEROSPACE AND DEFENS Highest-paid employee | 1 | $0 | $235,100 | $13,514 |
| DAVID BURROWS | EVP - ENGAGEMENT & BUSINESS Highest-paid employee | 1 | $0 | $197,334 | $36,343 |
| MICAH NEWBURG | DIRECTOR OF PROJECTS & BUSINESS DEVELOPMENT Highest-paid employee | 1 | $0 | $166,151 | $34,001 |
| DAN CURRAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JESSE LIGHTLE | TRUSTEE (JAN-DEC) Trustee or director | 1 | $0 | $0 | $0 |
| ERIN ROLFES | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| MARK WILLIAMS | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN LANDESS | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1401 S MAIN STREET 200, DAYTON, OH 45409-2670
- Principal officer (990 for 2024)
- DAVID HARRISON, 1401 S MAIN STREET 200, DAYTON, OH 45409
- Signed the 990
- DAVID HARRISON, CFO
- Phone
- (937) 222-4422
- Website
- HTTP://WWW.DAYTONREGION.COM
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
THE MISSION OF THE COALITION IS TO RECRUIT, EXPAND AND RETAIN JOBS IN THE DAYTON REGION. THE COALITION FOCUSES ON GROWING THE 14-COUNTY DAYTON REGION AND BOLSTERS JOB CREATION AND OPPORTUNITY BY SUPPORTING ENTREPRENEURIAL ACTIVITY, RETAINING AND ATTRACTING BUSINESSES, AND ADVOCATING FOR AND PROMOTING THE REGION'S ASSETS AT THE LOCAL, STATE AND NATIONAL LEVELS.
Program accomplishments
- COLLABORATING WITH A VAST NETWORK OF STATE AND LOCAL ECONOMIC DEVELOPMENT PARTNERS, THE COALITION ASSISTS COMPANIES LOOKING TO EXPAND OR LOCATE TO THE COMMUNITY. IN THE DAYTON METROPOLITAN AREA, ONE OUT OF EVERY 11 JOBS IS A FEDERAL CIVILIAN, MILITARY, OR CONTRACTOR POSITION. BY SUPPORTING THE REGION'S LOCAL MILITARY CONTRACTORS, MILITARY PERSONNEL, AND FEDERAL INSTALLATIONS, THE COALITION HELPS PROMOTE JOB GROWTH IN THE REGION. THE COALITION COMMUNICATES WITH MEMBERS AND THE COMMUNITY THROUGH EVENTS INCLUDING ROUNDTABLES, FORUMS, AND PANEL DISCUSSIONS, AN ANNUAL MEETING, NEWSLETTERS, EMAILS AND PRESENTATIONS TO COMMUNITY PARTNERS UPON REQUEST.Expenses $57,680
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 | Not 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
- 31-1433172
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $2,249,541
- Income (IRS master file)
- $160,613
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $160,613 | $74,650 | $2,249,541 | IRS |
| 990 | December 2023 | $141,374 | $77,673 | $2,160,574 | XML |
| 990 | December 2022 | $466,440 | $192,236 | $2,143,357 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 31-1433172).
Questions about DEVELOPMENT RESEARCH CORPORATION
- What is the EIN of DEVELOPMENT RESEARCH CORPORATION?
- The employer identification number (EIN) of DEVELOPMENT RESEARCH CORPORATION is 31-1433172.
- Is DEVELOPMENT RESEARCH CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to DEVELOPMENT RESEARCH CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DEVELOPMENT RESEARCH 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 DEVELOPMENT RESEARCH CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DEVELOPMENT RESEARCH CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of DEVELOPMENT RESEARCH CORPORATION?
- The 990 for the year ended December 31, 2024 names DAVID HARRISON.
- Who are the officers and directors of DEVELOPMENT RESEARCH CORPORATION?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does DEVELOPMENT RESEARCH CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $160,613, expenses of $74,650 and total assets of $2,249,541 at year end.
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All nonprofits in DAYTON · Ohio · Community improvement and capacity building