Nonprofit · EIN 35-1700892
FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION
Tax-exempt · CONNERSVILLE, IN 47331
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $238,882 | $285,165 | -$46,283 | $3,418,059 | $7,375 | $3,410,684 |
| December 31, 2024 | 990 | $284,009 | $257,109 | $26,900 | $3,465,280 | $8,313 | $3,456,967 |
| December 31, 2023 | 990 | $374,996 | $501,663 | -$126,667 | $3,435,997 | $5,930 | $3,430,067 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $195,000
- of which government grants
- $175,000
- Program service revenue
- $0
- Investment income
- $57,411
- Net rental income
- -$32,736
- Net gain from sales of assets
- $8,991
- Other revenue
- -$13,529
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $131,069
- Salaries, compensation and benefits (total)
- $144,274
- Professional fundraising fees
- $0
- Legal fees
- $500
- Accounting fees
- $14,895
- Occupancy
- $4,968
- Travel
- $3,710
- Depreciation
- $83,556
- Program services (functional)
- $180,878
- Management and general (functional)
- $104,287
Balance sheet and other
- Total assets, start of year
- $3,465,280
- Total assets, end of year
- $3,418,059
- Total liabilities, end of year
- $7,375
- Net assets, end of year
- $3,410,684
- Land, buildings and equipment
- $2,195,661
- Net assets without donor restrictions
- $3,410,684
- Gross receipts
- $346,437
- Employees
- 6
- Volunteers
- 13
- Year formed
- 1986
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM DEBAUN | DIRECTOR Trustee or director | 5 | $0 |
| JEREMY DUNCAN | DIRECTOR Trustee or director | 5 | $0 |
| CHAD FRANK | DIRECTOR Trustee or director | 5 | $0 |
| GEORGIA GREEN | SECRETARY Trustee or director, Officer | 10 | $0 |
| HANNAH HEDGESPETH | DIRECTOR Trustee or director | 5 | $0 |
| DERRICK MATHEWS | TREASURER Trustee or director, Officer | 10 | $0 |
| DIANA PHILLIPS | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
| KAY RIKER-PEYTON | DIRECTOR Trustee or director | 5 | $0 |
| JIM SPENCE | DIRECTOR Trustee or director | 5 | $0 |
| DALE STRONG | DIRECTOR Trustee or director | 5 | $0 |
| JASON TROUTWINE | DIRECTOR Trustee or director | 5 | $0 |
| RICHIE WARE | PRESIDENT Trustee or director, Officer | 10 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHIE WARE | PRESIDENT Trustee or director, Officer | 10 | $0 |
| HANNAH HEDGSEPETH | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| DERRICK MATHEWS | TREASURER Trustee or director, Officer | 10 | $0 |
| GEORGIA GREEN | SECRETARY Trustee or director, Officer | 10 | $0 |
| CHAD FRANK | DIRECTOR Trustee or director | 5 | $0 |
| KYLIE FOSTER | DIRECTOR Trustee or director | 5 | $0 |
| JASON TROUTWINE | DIRECTOR Trustee or director | 5 | $0 |
| DALE STRONG | DIRECTOR Trustee or director | 5 | $0 |
| JIM SPENCE | DIRECTOR Trustee or director | 5 | $0 |
| SHARON CRANFILL | DIRECTOR Trustee or director | 5 | $0 |
| JEREMY DUNCAN | DIRECTOR Trustee or director | 5 | $0 |
| DIANA PHILLIPS | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHIE WARE | PRESIDENT Trustee or director, Officer | 10 | $0 |
| HANNAH HEDGSEPETH | VICE PRESIDENT Trustee or director, Officer | 10 | $0 |
| DERRICK MATHEWS | TREASURER Trustee or director, Officer | 10 | $0 |
| GEORGIA GREEN | SECRETARY Trustee or director, Officer | 10 | $0 |
| CHAD FRANK | DIRECTOR Trustee or director | 5 | $0 |
| KYLIE FOSTER | DIRECTOR Trustee or director | 5 | $0 |
| CRAIG KINYON | DIRECTOR Trustee or director | 5 | $0 |
| DALE STRONG | DIRECTOR Trustee or director | 5 | $0 |
| JIM SPENCE | DIRECTOR Trustee or director | 5 | $0 |
| SCOTT BEVINGTON | DIRECTOR Trustee or director | 5 | $0 |
| JEREMY DUNCAN | DIRECTOR Trustee or director | 5 | $0 |
| PETE SHAW | DIRECTOR Trustee or director | 5 | $0 |
| DIANA PHILLIPS | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 410 N CENTRAL AVE, CONNERSVILLE, IN 47331-1926
- Principal officer (990 for 2025)
- BRAD COLTER, 410 N CENTRAL AVE, CONNERSVILLE, IN 47331
- Signed the 990
- BRAD COLTER, PRESIDENT/CEO
- Phone
- (765) 827-1366
- Website
- WWW.EDGCONNERSVILLE.COM
- Return prepared by
- KEMPER CPA GROUP LLP
Mission
TO PROCURE, DEVELOP, AND OPERATE LAND AND PROPERTIES IN ORDER TO CREATE JOB OPPORTUNITIES AND FOSTER THE ECONOMIC DEVELOPMENT OF CONNERSVILLE AND FAYETTE COUNTY.
Program accomplishments
- THE ACTIVITIES INCLUDE JOB GROWTH FOR THE UNEMPLOYED AND ECONOMICALLY DISADVANTAGED THROUGH LOCAL MANUFACTURING EXPANSION.Expenses $126,201
- THE ORGANIZATION HAS ASSISTED SEVERAL BUSINESSES IN THE INDUSTRIAL PARK AND THROUGHOUT THE COUNTY OF OPPORTUNITIES IN CONNERSVILLE.Expenses $54,677
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
- 35-1700892
- 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
- 1990
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $3,418,059
- Income (IRS master file)
- $346,437
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $238,882 | $285,165 | $3,418,059 | XML |
| 990 | December 2024 | $284,009 | $257,109 | $3,465,280 | XML |
| 990 | December 2023 | $374,996 | $501,663 | $3,435,997 | XML |
| 990 | December 2022 | $147,597 | $268,042 | $3,562,789 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 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 35-1700892).
Questions about FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION
- What is the EIN of FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION is 35-1700892.
- Is FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAYETTE COUNTY INDUSTRIAL 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 FAYETTE COUNTY INDUSTRIAL 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 FAYETTE COUNTY INDUSTRIAL 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 FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names BRAD COLTER.
- Who are the officers and directors of FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does FAYETTE COUNTY INDUSTRIAL DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $238,882, expenses of $285,165 and total assets of $3,418,059 at year end.
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