Nonprofit · EIN 35-2453640
CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS
Also known as CORE FUND
Tax-exempt · HAMILTON, OH 45011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $625,496 | $1,140,149 | -$514,653 | $11,308,567 | $9,901,765 | $1,406,802 |
| December 31, 2024 | 990 | $1,148,667 | $1,099,971 | $48,696 | $11,902,465 | $9,981,010 | $1,921,455 |
| December 31, 2023 | 990 | $716,659 | $936,457 | -$219,798 | $11,770,152 | $9,897,393 | $1,872,759 |
| December 31, 2022 | 990 (amended) | $1,548,402 | $1,239,268 | $309,134 | $12,265,966 | $10,173,409 | $2,092,557 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $604,421
- Investment income
- $21,075
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $36,039
- Occupancy
- $102,890
- Depreciation
- $268,247
- Program services (functional)
- $1,110,627
- Management and general (functional)
- $29,522
Balance sheet and other
- Total assets, start of year
- $11,902,465
- Total assets, end of year
- $11,308,567
- Total liabilities, end of year
- $9,901,765
- Net assets, end of year
- $1,406,802
- Land, buildings and equipment
- $8,410,230
- Net assets without donor restrictions
- $689,280
- Net assets with donor restrictions
- $717,522
- Gross receipts
- $625,496
- Employees
- 0
- Year formed
- 2012
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK DEMMEL | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL DINGELDEIN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN GUIDUGLI | CHAIR Trustee or director, Officer | 1 | $0 |
| JEFF JUDD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS MOTLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| CRAIG WILKS | SECRETARY Trustee or director, Officer | 1 | $0 |
| WALLY ZANCAN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK DEMMEL | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL DINGELDEIN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN GUIDUGLI | CHAIR Trustee or director, Officer | 1 | $0 |
| JEFF JUDD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS MOTLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| CRAIG WILKS | SECRETARY Trustee or director, Officer | 1 | $0 |
| WALLY ZANCAN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK DEMMEL | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL DINGELDEIN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JOHN GUIDUGLI | CHAIR Trustee or director, Officer | 1 | $0 |
| JEFF JUDD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS MOTLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| CRAIG WILKS | SECRETARY Trustee or director, Officer | 1 | $0 |
| WALLY ZANCAN | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2022: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAG BAKER | BOARD MEMBER Trustee or director | 1 | $0 |
| RICK DEMMEL | BOARD MEMBER Trustee or director | 1 | $0 |
| MICHAEL DINGELDEIN | PRESIDENT Trustee or director, Officer | 5 | $0 |
| JOHN GUIDUGLI | BOARD MEMBER Trustee or director | 1 | $0 |
| CHRIS MOTLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| JEFF THURMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| CRAIG WILKS | SECRETARY Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 236 HIGH ST, HAMILTON, OH 45011-2711
- In care of
- % MICHAEL DINGELDEIN
- Principal officer (990 for 2025)
- JOHN GUIDUGLI, 236 HIGH STREET, HAMILTON, OH 45011
- Signed the 990
- MICHAEL DINGELDEIN, PRESIDENT
- Phone
- (513) 607-8732
- Website
- WWW.COREHAMILTON.ORG
- Return prepared by
- BARNTHOUSE & CORNETT CPA'S LTD
Mission
CORE'S MISSION IS TO ACCELERATE HAMILTON'S URBAN RENAISSANCE THROUGH TARGETED INVESTMENTS IN REAL ESTATE DEVELOPMENT OR REDEVELOPED PROJECTS IN THE CITY'S URBAN CORE.
Program accomplishments
- TO ACHIEVE ITS MISSION AND STRATEGIC FOCUS TO STRENGTHEN THE CORE ASSETS OF HAMILTON'S CITY CENTER, THE CORE FUND MANAGES LOAN FUNDS GEARED TOWARD REDEVELOPMENT AND SPURRING ECONOMIC DEVELOPMENT IN DISTRESSED AND STRUGGLING BUSINESS DISTRICTS AND NEIGHBORHOODS. THE CORE INVESTMENT FUND WILL BE USED IN FLEXIBLE, STRUCTURED FINANCING ARRANGEMENTS DEPENDING UPON THE TYPE OF PROJECT AND ITS CAPITAL REQUIREMENTS. THE STRATEGIC PROPERTY FUND WILL BE USED TO IDENTIFY AND PURCHASE BUILDINGS AND VACANT PROPERTY IN TARGET AREAS FOR FUTURE DEVELOPMENT. FINALLY, THE RESIDENTIAL REDEVELOPMENT FUND WILL BE USED IN ACQUIRING RESIDENTIAL PROPERTY, ENSURING THAT THE PROPERTY IS MAINTAINED AND DOES NOT SUFFER FURTHER DETERIORATION.Expenses $1,110,627
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
- 35-2453640
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $11,308,567
- Income (IRS master file)
- $625,496
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $625,496 | $1,140,149 | $11,308,567 | XML |
| 990 | December 2024 | $1,148,667 | $1,099,971 | $11,902,465 | XML |
| 990 | December 2023 | $716,659 | $936,457 | $11,770,152 | XML |
| 990 | December 2022 | $1,548,402 | $1,239,268 | $12,265,966 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 35-2453640).
Questions about CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS
- What is the EIN of CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS?
- The employer identification number (EIN) of CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS is 35-2453640.
- Is CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS 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 CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS 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 CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS 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 CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS?
- The 990 for the year ended December 31, 2025 names JOHN GUIDUGLI.
- Who are the officers and directors of CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CONSORTIUM FOR ONGOING REINVESTMENT EFFORTS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $625,496, expenses of $1,140,149 and total assets of $11,308,567 at year end.
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