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Nonprofit · EIN 55-0461336

OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION

Tax-exempt · WHEELING, WV 26003

Financials

$11.4M$7.8M2022$15.9M$8.7M2023
Revenue Expenses · by fiscal year end
Financials of OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$15,880,938$8,674,812$7,206,126$68,561,591$27,641,651$40,919,940
June 30, 2023990$11,423,110$7,803,334$3,619,776$56,345,657$22,682,316$33,663,341
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$7,675,089
of which government grants
$7,602,114
Membership dues
$72,975
Program service revenue
$3,969,548
Investment income
$424,140
Other revenue
$3,812,161

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,224,673
Salaries, compensation and benefits (total)
$2,766,978
Professional fundraising fees
$0
Legal fees
$44,324
Accounting fees
$75,980
Occupancy
$5,888
Travel
$512,249
Depreciation
$1,364,394

Balance sheet and other

Total assets, start of year
$56,345,657
Total assets, end of year
$68,561,591
Total liabilities, end of year
$27,641,651
Net assets, end of year
$40,919,940
Land, buildings and equipment
$38,820,224
Publicly traded securities
$372,139
Net assets without donor restrictions
$40,919,940
Gross receipts
$15,880,938
Employees
0
Volunteers
0
Year formed
1961
State of legal domicile
WV

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 June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOSHUA F JEFFERSONSECRETARY
Highest-paid employee
40$150,324
BRIAN KOMOROWSKIASST SECRETARY, FINANCE
Officer
40$145,601
ZACH ABRAHAMDIRECTOR
Trustee or director
0$0
DR TIMOTHY BORCHERSDIRECTOR
Trustee or director
0$0
ZACK BLAIRTREASURER
Trustee or director
0$0
SHARON CAMPBELLDIRECTOR
Trustee or director
0$0
MIKE CARLDIRECTOR
Trustee or director
0$0
KELLY CULLENDIRECTOR
Trustee or director
0$0
JOHN CULLERDIRECTOR
Trustee or director
0$0
MATT DRAHOSDIRECTOR
Trustee or director
0$0
JOE EDDY2ND VICE CHAIR
Trustee or director
0$0
GLENN ELLIOTTDIRECTOR
Trustee or director
0$0
GENE FAHEYDIRECTOR
Trustee or director
0$0
ROCKY FITZSIMMONSDIRECTOR
Trustee or director
0$0
ERIC GADDDIRECTOR
Trustee or director
0$0
38 more people on this return
NameTitleHours / weekCompensation
TONY GENTILECHAIR
Trustee or director
0$0
JAY GOODMANDIRECTOR
Trustee or director
0$0
CONNIE GRISELLDIRECTOR
Trustee or director
0$0
ANNE HARMANDIRECTOR
Trustee or director
0$0
DOUGLASS HARRISONDIRECTOR
Trustee or director
0$0
ROBERT HARTONG IIDIRECTOR
Trustee or director
0$0
LISA HEASLEYDIRECTOR
Trustee or director
0$0
CJ KAISERDIRECTOR
Trustee or director
0$0
PAUL LAUTTAMUSDIRECTOR
Trustee or director
0$0
MIKE LEODIRECTOR
Trustee or director
0$0
RICH LUCASDIRECTOR
Trustee or director
0$0
ANDY MCKENZIEDIRECTOR
Trustee or director
0$0
JEFF JOHNSONDIRECTOR
Trustee or director
0$0
DAVID H MCKINLEYDIRECTOR
Trustee or director
0$0
DR PHIL KLEINDIRECTOR
Trustee or director
0$0
MICHAEL MISTOVICHDIRECTOR
Trustee or director
0$0
PERRY NARDODIRECTOR
Trustee or director
0$0
SCOTT REAGERDIRECTOR
Trustee or director
0$0
ARCH RILEY JRDIRECTOR
Trustee or director
0$0
JESSICA RINEDIRECTOR
Trustee or director
0$0
TINA RUSHDIRECTOR
Trustee or director
0$0
ERIC STARKOWICZDIRECTOR
Trustee or director
0$0
ERIKKA STORCHDIRECTOR
Trustee or director
0$0
SCOTT VARNERDIRECTOR
Trustee or director
0$0
ALEX WELDDIRECTOR
Trustee or director
0$0
SUSIE NELSONDIRECTOR
Trustee or director
0$0
AC WIETHEDIRECTOR
Trustee or director
0$0
BILL WILMOTH1ST VICE CHAIR
Trustee or director
0$0
STEPHANIE PALUDADIRECTOR
Trustee or director
0$0
MARK PHILLIPSDIRECTOR
Trustee or director
0$0
ERIN BALLDIRECTOR
Trustee or director
0$0
KIM FLORENCEDIRECTOR
Trustee or director
0$0
JEFF KNIGHTDIRECTOR
Trustee or director
0$0
SCOTT SCHENERLEINDIRECTOR
Trustee or director
0$0
KURT ZENDEDIRECTOR
Trustee or director
0$0
STACI STEPHENDIRECTOR
Trustee or director
0$0
WILL TURANIDIRECTOR
Trustee or director
0$0
CRAIG O'LEARYPROGRAM DIRECTOR
Officer
40$0
990 for the year ended June 30, 2023: 51 people
NameTitleHours / weekCompensation
JOSHUA F JEFFERSONSECRETARY
Highest-paid employee
40$143,892
BRIAN KOMOROWSKIASST SECRETARY, FINANCE
Officer
40$130,292
ZACH ABRAHAMDIRECTOR
Trustee or director
0$0
GREGORY AGRESTADIRECTOR
Trustee or director
0$0
ZACK BLAIRTREASURER
Trustee or director
0$0
SHARON CAMPBELLDIRECTOR
Trustee or director
0$0
MIKE CARLDIRECTOR
Trustee or director
0$0
KELLY CULLENDIRECTOR
Trustee or director
0$0
JOHN CULLERDIRECTOR
Trustee or director
0$0
MATT DRAHOSDIRECTOR
Trustee or director
0$0
JOE EDDY2ND VICE CHAIR
Trustee or director
0$0
GLENN ELLIOTTDIRECTOR
Trustee or director
0$0
GENE FAHEYDIRECTOR
Trustee or director
0$0
ROCKY FITZSIMMONSDIRECTOR
Trustee or director
0$0
ERIC GADDDIRECTOR
Trustee or director
0$0
TONY GENTILECHAIR
Trustee or director
0$0
JAY GOODMANDIRECTOR
Trustee or director
0$0
CONNIE GRISELLDIRECTOR
Trustee or director
0$0
ANNE HARMANDIRECTOR
Trustee or director
0$0
DOUGLASS HARRISONDIRECTOR
Trustee or director
0$0
ROBERT HARTONG IIDIRECTOR
Trustee or director
0$0
LISA HEASLEYDIRECTOR
Trustee or director
0$0
CJ KAISERDIRECTOR
Trustee or director
0$0
PAUL LAUTTAMUSDIRECTOR
Trustee or director
0$0
MIKE LEODIRECTOR
Trustee or director
0$0
RICH LUCASDIRECTOR
Trustee or director
0$0
ANDY MCKENZIEDIRECTOR
Trustee or director
0$0
DAVID B MCKINLEYDIRECTOR
Trustee or director
0$0
DAVID H MCKINLEYDIRECTOR
Trustee or director
0$0
JOELLE MORAYDIRECTOR
Trustee or director
0$0
DANIEL MOSSERDIRECTOR
Trustee or director
0$0
PERRY NARDODIRECTOR
Trustee or director
0$0
SCOTT REAGERDIRECTOR
Trustee or director
0$0
ARCH RILEY JRDIRECTOR
Trustee or director
0$0
JESSICA RINEDIRECTOR
Trustee or director
0$0
TINA RUSHDIRECTOR
Trustee or director
0$0
ERIC STARKOWICZDIRECTOR
Trustee or director
0$0
ERIKKA STORCHDIRECTOR
Trustee or director
0$0
SCOTT VARNERDIRECTOR
Trustee or director
0$0
ALEX WELDDIRECTOR
Trustee or director
0$0
NICOLE WHORTONDIRECTOR
Trustee or director
0$0
AC WIETHEDIRECTOR
Trustee or director
0$0
BILL WILMOTH1ST VICE CHAIR
Trustee or director
0$0
MATT WOODDIRECTOR
Trustee or director
0$0
DAN YOUNGDIRECTOR
Trustee or director
0$0
ERIN BALLDIRECTOR
Trustee or director
0$0
KIM FLORENCEDIRECTOR
Trustee or director
0$0
JEFF KNIGHTDIRECTOR
Trustee or director
0$0
SCOTT SCHENERLEINDIRECTOR
Trustee or director
0$0
KURT ZENDEDIRECTOR
Trustee or director
0$0
CRAIG O'LEARYPROGRAM DIRECTOR
Officer
40$0

Address and contacts

Address (IRS master file)
1100 MAIN ST STE 3, WHEELING, WV 26003-2737
In care of
% OVIBDC
Principal officer (990 for 2023)
JOSHUA JEFFERSON, 1310 MARKET STREET, WHEELING, WV 26003
Signed the 990
BRIAN KOMOROWSKI, EXECUTIVE DIRECTOR
Phone
(304) 232-7722
Return prepared by
COSTANZO WOOMER NISTENDIRK PLLC

Mission

TO CREATE BUSINESS OPPORTUNITIES IN WEST VIRGINIA BY GENERATING NEW JOBS AND STIMULATING THE ECONOMY.

990 for the year ended June 30, 2024

Program accomplishments

  • TO ATTRACT AND RETAIN NEW AND EXISTING BUSINESSES WITHIN THE THREE COUNTY SERVICE AREA.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Check at the IRS
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
55-0461336
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1962
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$82,550,421
Income (IRS master file)
$16,957,799

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$15,880,938$8,674,812$68,561,591IRS
990June 2023$11,423,110$7,803,334$56,345,657XML
990June 2022$6,632,706$5,162,681$54,495,288IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 55-0461336).

Questions about OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION

What is the EIN of OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION?
The employer identification number (EIN) of OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION is 55-0461336.
Is OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1962.
Are donations to OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OHIO VALLEY INDUSTRIAL AND BUSINESS 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 OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2024 names JOSHUA JEFFERSON.
Who are the officers and directors of OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2024 lists 53 people; 2 received compensation from the organization, the highest $150,324 (JOSHUA F JEFFERSON, SECRETARY).
How much revenue does OHIO VALLEY INDUSTRIAL AND BUSINESS DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2024 it reported revenue of $15,880,938, expenses of $8,674,812 and total assets of $68,561,591 at year end.

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