Skip to main content

Nonprofit · EIN 35-1973845

ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC

Tax-exempt · ELKHART, IN 46516

Financials

$567K$722K2023$654K$749K2024
Revenue Expenses · by fiscal year end
Financials of ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$653,697$748,915-$95,218$675,386$196,958$478,428
December 31, 2023990$566,586$721,633-$155,047$820,573$246,927$573,646
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$649,975
of which government grants
$379,860
Program service revenue
$21,608
Investment income
$1,624
Net income from fundraising events
-$19,510
Other revenue
-$19,510

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$139,020
Other salaries and wages
$294,938
Salaries, compensation and benefits (total)
$546,918
Professional fundraising fees
$0
Accounting fees
$14,726
Occupancy
$56,261
Travel
$11,051
Depreciation
$21,826
Program services (functional)
$399,457
Management and general (functional)
$206,195
Fundraising (functional)
$143,263

Balance sheet and other

Total assets, start of year
$820,573
Total assets, end of year
$675,386
Total liabilities, end of year
$196,958
Net assets, end of year
$478,428
Land, buildings and equipment
$51,306
Net assets without donor restrictions
$474,331
Net assets with donor restrictions
$4,097
Gross receipts
$673,207
Employees
6
Year formed
1995
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
CHRIS STAGERPRESIDENT/CE
Officer
50$139,020
MIKE YODERCHAIR
Trustee or director, Officer
1$0
RHETT FISHERTREASURER/VI
Trustee or director, Officer
1$0
JACK WELTERSECRETARY
Trustee or director, Officer
1$0
WILLIAM B BURTONBOARD MEMBER
Trustee or director
1$0
LORI STANGERBOARD MEMBER
Trustee or director
1$0
JEFF BEACHYBOARD MEMBER
Trustee or director
1$0
BRIAN DICKERSONBOARD MEMBER
Trustee or director
1$0
SCOTT FORDBOARD MEMBER
Trustee or director
1$0
PHIL JENKINSBOARD MEMBER
Trustee or director
1$0
LEVON JOHNSONBOARD MEMBER
Trustee or director
1$0
JESS KOSCHERBOARD MEMBER
Trustee or director
1$0
HOLLY LANDISBOARD MEMBER
Trustee or director
1$0
JOHN K LETHERMANBOARD MEMBER
Trustee or director
1$0
CARL RISKBOARD MEMBER
Trustee or director
1$0
13 more people on this return
NameTitleHours / weekCompensation
ROD ROBERSONBOARD MEMBER
Trustee or director
1$0
MIKE STUMPBOARD MEMBER
Trustee or director
1$0
GINA LEICHTYBOARD MEMBER
Trustee or director
1$0
CLARK WARNERBOARD MEMBER
Trustee or director
1$0
SUZIE WEIRICKBOARD MEMBER
Trustee or director
1$0
MARY CRIPEBOARD MEMBER
Trustee or director
1$0
NICK KIEFFERBOARD MEMBER
Trustee or director
1$0
ADAM BUJALSKIBOARD MEMBER
Trustee or director
1$0
BILL DUTKOWSKIBOARD MEMBER
Trustee or director
1$0
ZHONGJIE PETER LIANGBOARD MEMBER
Trustee or director
1$0
LORI SNYDERBOARD MEMBER
Trustee or director
1$0
JEREMY STUTSMANBOARD MEMBER
Trustee or director
1$0
BRETT WEDDELLBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensationOther / benefits
CHRIS STAGERPRESIDENT/CE
Officer
50$139,020$2,092
WILLIAM B BURTONBOARD MEMBER
Trustee or director
1$0$0
LORI STANGERBOARD PRESID
Trustee or director, Officer
1$0$0
JACK WELTERSECRETARY
Trustee or director, Officer
1$0$0
MIKE YODERVICE PRESIDE
Trustee or director, Officer
1$0$0
JEFF BEACHYBOARD MEMBER
Trustee or director
1$0$0
DAVID BIRKYBOARD MEMBER
Trustee or director
1$0$0
ADAM BUJALSKIBOARD MEMBER
Trustee or director
1$0$0
BRIAN DICKERSONBOARD MEMBER
Trustee or director
1$0$0
RHETT FISHERTREASURER
Trustee or director, Officer
1$0$0
SCOTT FORDBOARD MEMBER
Trustee or director
1$0$0
PHIL JENKINSBOARD MEMBER
Trustee or director
1$0$0
LEVON JOHNSONBOARD MEMBER
Trustee or director
1$0$0
JESS KOSCHERBOARD MEMBER
Trustee or director
1$0$0
HOLLY LANDISBOARD MEMBER
Trustee or director
1$0$0
JOHN K LETHERMANBOARD MEMBER
Trustee or director
1$0$0
CARL RISKBOARD MEMBER
Trustee or director
1$0$0
ROD ROBERSONBOARD MEMBER
Trustee or director
1$0$0
MIKE STUMPBOARD MEMBER
Trustee or director
1$0$0
GINA LEICHTYBOARD MEMBER
Trustee or director
1$0$0
CLARK WARNERBOARD MEMBER
Trustee or director
1$0$0
SUZIE WEIRICKBOARD MEMBER
Trustee or director
1$0$0
JIM WINKLERBOARD MEMBER
Trustee or director
1$0$0
MARY CRIPEBOARD MEMBER
Trustee or director
1$0$0
NICK KIEFFERBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
300 NIBCO PKWY STE 201, ELKHART, IN 46516-3576
In care of
% PHILIP E PENN
Principal officer (990 for 2024)
CHRIS STAGER, 300 NIBCO PARKWAY, ELKHART, IN 46516
Signed the 990
CHRIS STAGER, PRESIDENT/CEO
Phone
(574) 293-5627
Return prepared by
INSIGHT ACCOUNTING GROUP PC

Mission

TO CREATE AN ECONOMICALLY VIBRANT COMMUNITY BY RECRUITING, RETAINING, AND STRENGTHENING OUR ECONOMIC BASE; BEING A CATALYST FOR DIVERSIFICATION, INNOVATION, AND ECONOMIC CHANGE. WE ACCOMPLISH OUR MISSION BY WORKING WITH COMPANIES LOOKING TO LOCATE OR EXPAND IN ELKHART COUNTY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE FOR EDUCATION AND TRAINING OF PERSONS TO ENTER WORKFORCE. TO IMPROVE ELKHART COUNTY THROUGH RESTORATION, CREATION, AND EXPANSION OF EXISTING BUSINESSES AND WORK TOWARD ATTRACTING NEW BUSINESS INTO COUNTY.
    Expenses $399,457 · revenue $21,608

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-1973845
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$675,386
Income (IRS master file)
$673,207

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$653,697$748,915$675,386XML
990December 2023$566,586$721,633$820,573XML
990December 2022$663,863$704,030$1,003,309IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 35-1973845).

Questions about ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC

What is the EIN of ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC?
The employer identification number (EIN) of ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC is 35-1973845.
Is ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY 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 ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC 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 ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC 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 ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC?
The 990 for the year ended December 31, 2024 names CHRIS STAGER.
Who are the officers and directors of ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC?
The 990 for the year ended December 31, 2024 lists 28 people; 1 received compensation from the organization, the highest $139,020 (CHRIS STAGER, PRESIDENT/CE).
How much revenue does ECONOMIC DEVELOPMENT CORPORATION OF ELKHART COUNTY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $653,697, expenses of $748,915 and total assets of $675,386 at year end.

Other nonprofits in ELKHART

All nonprofits in ELKHART · Indiana · Unknown