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Nonprofit · EIN 43-1570271

FULTON AREA DEVELOPMENT CORP

Tax-exempt · FULTON, MO 65251

Financials

$134K$154K2023$150K$170K2024
Revenue Expenses · by fiscal year end
Financials of FULTON AREA DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$149,825$170,211-$20,386$595,817$409,122$186,695
December 31, 2023990$134,197$154,162-$19,965$634,588$427,507$207,081
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$137,616
of which government grants
$74,024
Program service revenue
$3,900
Investment income
$8,309
Other revenue
$0

Expenses

Grants and similar amounts paid
$96,245
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$8,685
Depreciation
$4,577
Program services (functional)
$170,211

Balance sheet and other

Total assets, start of year
$634,588
Total assets, end of year
$595,817
Total liabilities, end of year
$409,122
Net assets, end of year
$186,695
Land, buildings and equipment
$25,929
Net assets without donor restrictions
$186,695
Gross receipts
$149,825
Employees
0
Volunteers
12
Year formed
1990
State of legal domicile
MO

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
JANEA DANUSERBOARD MEMBER
Trustee or director
0.25$0
LORI TWILLMANBOARD MEMBER
Trustee or director
0.25$0
KIM BARNESPRESIDENT
Officer
0.5$0
STEVE GIBSONVICE PRESIDE
Officer
0.5$0
ELIZABETH SNYDERSECRETARY/TR
Officer
0.5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JANEA DANUSERBOARD MEMBER
Trustee or director
0.25$0
LORI TWILLMANBOARD MEMBER
Trustee or director
0.25$0
KIM BARNESPRESIDENT
Officer
0.5$0
STEVE GIBSONVICE PRESIDE
Officer
0.5$0
ELIZABETH SNYDERSECRETARY/TR
Officer
0.5$0

Address and contacts

Address (IRS master file)
510 MARKET ST, FULTON, MO 65251-1948
In care of
% BRUCE HACKMANN
Principal officer (990 for 2024)
KIM BARNES, 5128 COUNTY ROAD 105, FULTON, MO 65251
Signed the 990
KIM BARNES, PRESIDENT
Phone
(573) 642-3055
Return prepared by
SHIVELY BOOKS & ASSOCIATES CPAS LLC

Mission

PROMOTE ECONOMIC DEVELOPMENT IN CALLAWAY COUNTY

990 for the year ended December 31, 2024

Program accomplishments

  • FADF ENGAGES IN THE CIVIC ACTIVITY OF PROMOTING ECONOMIC DEVELOPMENT IN THE FULTON, MO AND SURROUNDING AREAS.
    Expenses $170,211 · grants $96,245
  • FADF ENGAGES IN THE CIVIC ACTIVITY OF PROMOTING ECONOMIC DEVELOPMENT IN THE FULTON, MO AND SURROUNDING AREAS.

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
43-1570271
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$595,817
Income (IRS master file)
$149,825

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$149,825$170,211$595,817XML
990December 2023$134,197$154,162$634,588XML
990December 2022$167,160$132,760$672,268IRS
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 43-1570271).

Questions about FULTON AREA DEVELOPMENT CORP

What is the EIN of FULTON AREA DEVELOPMENT CORP?
The employer identification number (EIN) of FULTON AREA DEVELOPMENT CORP is 43-1570271.
Is FULTON AREA DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to FULTON AREA DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FULTON AREA DEVELOPMENT CORP 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 FULTON AREA DEVELOPMENT CORP 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 FULTON AREA DEVELOPMENT CORP 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 FULTON AREA DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 names KIM BARNES.
Who are the officers and directors of FULTON AREA DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does FULTON AREA DEVELOPMENT CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $149,825, expenses of $170,211 and total assets of $595,817 at year end.

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