Nonprofit · EIN 31-1584047
DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER
Tax-exempt · DAYTON, OH 45402
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,717,520 | $7,545,986 | $171,534 | $4,265,026 | $3,291,757 | $973,269 |
| December 31, 2023 | 990 | $7,117,047 | $7,043,221 | $73,826 | $4,549,786 | $3,748,051 | $801,735 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $6,894,690
- of which government grants
- $6,434,710
- Program service revenue
- $788,768
- Investment income
- $32,868
- Net rental income
- $1,180
- Other revenue
- $1,194
Expenses
- Grants and similar amounts paid
- $50,000
- Compensation of officers, directors and key employees
- $878,581
- Other salaries and wages
- $1,330,375
- Salaries, compensation and benefits (total)
- $2,582,419
- Professional fundraising fees
- $0
- Legal fees
- $8,398
- Accounting fees
- $259,390
- Occupancy
- $299,367
- Travel
- $29,937
- Depreciation
- $3,418
- Program services (functional)
- $6,600,955
- Management and general (functional)
- $904,336
- Fundraising (functional)
- $40,695
Balance sheet and other
- Total assets, start of year
- $4,549,786
- Total assets, end of year
- $4,265,026
- Total liabilities, end of year
- $3,291,757
- Net assets, end of year
- $973,269
- Net assets without donor restrictions
- $973,269
- Gross receipts
- $7,717,520
- Employees
- 26
- Volunteers
- 50
- Year formed
- 1997
- 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 | Other / benefits |
|---|---|---|---|---|
| SCOTT KOORNDYK | EC PRESIDENT Trustee or director, Officer | 40 | $278,782 | $34,860 |
| PAUL JACKSON | V.P OF STRATEGIC PROGRAMS Key employee | 40 | $211,462 | $34,386 |
| MICHAEL MCCANN | VP OF INNOVATION AND ENGAG Highest-paid employee | 40 | $206,375 | $8,840 |
| TODD BOLLENBACHER | DIRECTOR OF FINANCE Trustee or director, Officer | 30 | $194,054 | $0 |
| KIMBERLY FRAZIER | DIRECTOR OF GROWTH INITIAT Highest-paid employee | 40 | $127,477 | $14,796 |
| JORDAN ROE | DIRECTOR OF VENTURE DEVELO Highest-paid employee | 40 | $110,180 | $31,025 |
| ALAN BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIK COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM DANIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHELLY DICKSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMIT GUPTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DON HOPKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR IBRAHIM KATAMPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR DAVID KIRSCHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA KUNK | DIRECTOR Trustee or director | 1 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VINCE LEWIS | DIRECTOR Trustee or director | 1 | $0 |
| JEFF MILLER | DIRECTOR Trustee or director | 1 | $0 |
| JAY NIGRO | DIRECTOR Trustee or director | 1 | $0 |
| DR LINDSEY REISER | DIRECTOR Trustee or director | 1 | $0 |
| MONTE SALSMAN | DIRECTOR Trustee or director | 1 | $0 |
| JAY SCHINDLER | DIRECTOR Trustee or director | 1 | $0 |
| DAVID SCHOEFF | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN SILVERBERG | DIRECTOR Trustee or director | 1 | $0 |
| SABRA TOMB | DIRECTOR Trustee or director | 1 | $0 |
| SAM WARWAR | DIRECTOR Trustee or director | 1 | $0 |
| CRAIG JENNINGS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEFF KLANK | TREASURER Trustee or director, Officer | 1 | $0 |
| DR MARY KINSELLA | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT KOORNDYK | EC PRESIDENT Trustee or director, Officer | 40 | $271,367 | $33,232 |
| PAUL JACKSON | V.P OF STRATEGIC PROGRAMS Key employee | 40 | $196,752 | $31,792 |
| LAUREN TIFFAN | PROGRAM DIRECTOR Key employee | 40 | $160,000 | $6,970 |
| KIMBERLY FRAZIER | DIRECTOR OF GROWTH INITIAT Highest-paid employee | 40 | $122,275 | $14,059 |
| JORDAN ROE | DIRECTOR OF VENTURE DEVELOPMENT Highest-paid employee | 40 | $103,799 | $27,521 |
| MICHAEL MCCANN | VP OF INNOVATION AND ENGAGEMENT Highest-paid employee | 40 | $115,250 | $5,195 |
| KEITH BOWMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAN BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIK COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHELLY DICKSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANELLE FORBES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AMIT GUPTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR IBRAHIM KATAMPE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR DAVID KIRSCHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANDREA KUNK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAY NIGRO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR LINDSEY REISER | DIRECTOR (JOINED 01/02/23) Trustee or director | 1 | $0 | $0 |
| JAY SCHINDLER | DIRECTOR (JOINED 01/02/23) Trustee or director | 1 | $0 | $0 |
| DAVID SCHOEFF | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SAM WARWAR | DIRECTOR (JOINED 01/02/23) Trustee or director | 1 | $0 | $0 |
| VINCE LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ADAM MURKA | DIRECTOR (LEFT 06/30/23) Trustee or director | 1 | $0 | $0 |
| TODD BOLLENBACHER | DIRECTOR OF FINANCE Trustee or director, Officer | 30 | $0 | $0 |
| CRAIG JENNINGS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PAT HOOD | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR MARY KINSELLA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JEFF KLANK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 31 S MAIN ST, DAYTON, OH 45402-2070
- In care of
- % BARBARA HAYDE
- Principal officer (990 for 2024)
- SCOTT KOORNDYK, 31 SOUTH MAIN STREET, DAYTON, OH 45402
- Signed the 990
- SCOTT KOORNDYK, PRESIDENT
- Phone
- (937) 281-0098
- Website
- ECINNOVATES.COM
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
THE CENTER WILL USE ITS RESOURCES FOR INFORMATION SHARING AND MEMBER ASSISTANCE TO INCUBATE NEW ENTREPRENEURS WHO ARE TRYING TO ESTABLISH A PRESENCE IN THE MARKETPLACE. THE CENTER WILL RESEARCH, IDENTIFY, TEACH AND DISSEMINATE THE CRITICAL SKILLS VALUES THAT ENABLE ENTREPRENEURS TO SUCCEED. THE CENTER WILL FOSTER ECONOMIC DEVELOPMENT AND MAINTAIN A NETWORK OF OTHER SUCCESSFUL TECHNOLOGY-BASED ENTREPRENEURS FOR SELF-HELP AND PEER SUPPORT IN THE NINE COUNTY REGION. THE CENTER WILL ENCOURAGE OTHERS TO SUPPORT ENTREPRENEURSHIP.
Program accomplishments
- THE CENTER USES RESOURCES FOR INFORMATION SHARING AND MEMBER ASSISTANCE TO INCUBATE MORE THAN 700 NEW ENTREPRENEURS TO STIMULATE EMPLOYMENT FOR THE SOCIAL WELFARE OF THE COMMUNITY.Expenses $6,600,955 · grants $50,000 · revenue $789,962
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
- 31-1584047
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S430)
- Assets (IRS master file)
- $4,265,026
- Income (IRS master file)
- $7,717,520
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,717,520 | $7,545,986 | $4,265,026 | XML |
| 990 | December 2023 | $7,117,047 | $7,043,221 | $4,549,786 | XML |
| 990 | December 2022 | $5,517,965 | $5,542,024 | $3,765,130 | 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 31-1584047).
Questions about DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER
- What is the EIN of DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER?
- The employer identification number (EIN) of DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER is 31-1584047.
- Is DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER 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 DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER 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 DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER 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 DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER?
- The 990 for the year ended December 31, 2024 names SCOTT KOORNDYK.
- Who are the officers and directors of DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER?
- The 990 for the year ended December 31, 2024 lists 28 people; 6 received compensation from the organization, the highest $278,782 (SCOTT KOORNDYK, EC PRESIDENT).
- How much revenue does DAYTON-MIAMI VALLEY ENTREPRENEURS CENTER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,717,520, expenses of $7,545,986 and total assets of $4,265,026 at year end.
Other nonprofits in DAYTON
- MIDWEST MICROELECTRONICS CONSORTIUM INC EIN 92-1706480
- WRIGHT BROTHERS INSTITUTE INC EIN 82-0546129 · last filed 990 for 2025
- ONMAIN INC EIN 83-2877212 · last filed 990 for 2025
- RIVER PARK COMMUNITY CORP EIN 45-2971901 · last filed 990 for 2025
- DAYTON REGION NEW MARKET FUND LLC EIN 27-2260603 · last filed 990 for 2025
- DOWNTOWN DAYTON PARTNERSHIP CORP EIN 34-1722175 · last filed 990 for 2024
- CITYWIDE DEVELOPMENT CORPORATION EIN 31-0821189 · last filed 990 for 2025
- DOWNTOWN DAYTON SPECIAL IMPROVEMENT DISTRICT INC EIN 31-1433378 · last filed 990 for 2024
All nonprofits in DAYTON · Ohio · Community improvement and capacity building