2024-02-03T12:14:49-06:00 2023-09-30 351509921 SWARTZ RETSON & CO PC 235 E 86TH AVENUE MERRILLVILLE IN 46410 990 2022-10-01 351939664 REGIONAL DEVELOPMENT COMPANY REGI 2194760504 1757 THORNAPPLE CIRCLE VALPARAISO IN 46385 ERICA DOMBEY EXECUTIVE DIRECTOR 2194760507 2024-01-29 1 ERICA DOMBEY 999009999 0 THOMAS J NEWMAN P00829437 2197693616 2024-01-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ERICA DOMBEY 1757 THORNAPPLE CIRCLE VALPARAISO IN 46385 953170 0 X WWW.RDC504.ORG X 1994 IN TO HELP SMALL BUSINESSES BECOME AWARE OF SBA 504 LOAN FINANCING. 25 25 9 32 94865 5185 0 0 828132 845519 189 5743 102785 101908 931106 953170 11600 9100 0 0 696090 719476 0 0 0 268141 271126 975831 999702 -44725 -46532 1015697 862160 378543 271538 637154 590622 TO HELP SMALL BUSINESSES BECOME AWARE OF SBA 504 LOAN FINANCING. 0 0 876352 9100 852562 FINANCING WAS PROVIDED TO 19 APPLICANTS DURING THE FISCAL YEAR ENDING SEPTEMBER 30, 2023. 876352 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 9 1 1 1 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X X ERICA DOMBEY 2194760507 1757 THORNAPPLE CIRCLE VALPARAISO IN 46385 TOM WILK DIRECTOR 1.00 X 0 0 0 REX RICHARDS SECRETARY 1.00 X X 0 0 0 SCOTT CASBON DIRECTOR 1.00 X X 0 0 0 KEVEN JENNINGS DIRECTOR 1.00 X 0 0 0 JOHN MATTHIESEN DIRECTOR 1.00 X X 0 0 0 WILLIAM HASSE DIRECTOR 1.00 X 0 0 0 MICHAEL SCHNEIDER PAST CHAIR 1.00 X X 0 0 0 STEVEN NICKSIC DIRECTOR 1.00 X 0 0 0 JEFF BENNETT DIRECTOR 1.00 X 0 0 0 HEATHER JONES DIRECTOR 1.00 X 0 0 0 ANTHONY PEUQUET DIRECTOR 1.00 X 0 0 0 MATTHEW SALTANOVITZ CHAIR 1.00 X X 0 0 0 REGGIE GREENWOOD DIRECTOR 1.00 X 0 0 0 NICK LARSON DIRECTOR 1.00 X 0 0 0 ANTHONY NOVAK DIRECTOR 1.00 X 0 0 0 MATTHEW VESSELY DIRECTOR 1.00 X 0 0 0 GREGORY BRACCO DIRECTOR 1.00 X 0 0 0 STEVEN KRING VICE CHAIR 1.00 X 0 0 0 MICHAEL RIEHLE JR TREASURER 1.00 X 0 0 0 AFRICA TARVER DIRECTOR 1.00 X 0 0 0 MEGAN APPLEGATE DIRECTOR 1.00 X 0 0 0 ERIC EVANS DIRECTOR 1.00 X 0 0 0 MONICA JOHNSON DIRECTOR 1.00 X 0 0 0 RENE MARTIN DIRECTOR 1.00 X 0 0 0 LORI TUBBS DIRECTOR 1.00 X 0 0 0 ERICA DOMBEY EXECUTIVE DIRECTOR 40.00 X 167313 0 25579 NICCOLE ZELL EMPLOYEE 40.00 X 113333 0 18206 280646 0 43785 2 0 1 0 0 SERVICE FEES 525990 588195 588195 PROCESSING FEES 525990 164344 164344 504 LOAN INTEREST INCO 525990 92980 92980 845519 5743 5743 94865 0 94865 94865 94865 FORFEIRTED DEPOSITS 525990 5986 5986 LATE FEE INCOME 525990 1057 1057 7043 953170 852562 94865 5743 9100 9100 179744 179744 403334 336364 66970 27386 24171 3215 66163 56760 9403 42849 37707 5142 2168 1630 538 55022 42818 12204 1246 937 309 25149 22131 3018 21023 18504 2519 28923 25452 3471 39137 37812 1325 8389 7382 1007 4888 2444 2444 6769 6765 4 38925 34509 4416 13438 8044 5394 STATE INCOME TAX 267 267 DUES 8305 7308 997 PROCESSING FEES 8114 7140 974 LENDER CONTEST 5500 5500 3863 3863 999702 876352 123350 0 76866 87140 427748 148947 20666 23585 906798 455630 490094 451168 0 150000 323 1320 1015697 862160 76746 37997 72680 36960 179741 155927 49376 40654 378543 271538 X 637154 590622 1015697 862160 -46532 0 X X 0 1 X 1 0 560000 198478 361522 251050 174728 76322 50421 39840 10581 45327 42584 2743 451168 DEPOSITS PAYABLE 31713 SECURITY DEPOSITS 7585 INCOME TAX PAYABLE 1356 40654 X 953170 0 953170 0 953170 999702 0 999702 0 999702 PART X, LINE 2: WHEN APPLICABLE, CHANGES IN BENEFITS ARISING FROM CURRENT AND PRIOR TAX POSITIONS TAKEN BY THE COMPANY ARE RECOGNIZED IN THE PERIOD IN WHICH THE CHANGE OCCURS. CHANGES RESULTING FROM SETTLEMENTS WITH TAXING AUTHORITIES ARE RECOGNIZED IN THE PERIOD THAT SETTLEMENT OCCURS. REDUCTIONS IN UNRECOGNIZED TAX BENEFITS AS A RESULT OF A LAPSE OF THE APPLICABLE STATUTE OF LIMITATIONS ARE RECOGNIZED IN THE PERIOD THE STATUTE LAPSES. PROJECTED PENALTIES AND INTEREST RECOGNIZED ON TAX POSITIONS WHERE IT IS REASONABLY POSSIBLE THAT THE COMPANY'S TAX POSITION WILL NOT PREVAIL IN A REVIEW BY TAXING AUTHORITIES IS RECOGNIZED AS PART OF CURRENT PERIOD INCOME TAX EXPENSE. AS OF SEPTEMBER 30, 2023, 2022, AND 2021, THE COMPANY HAD NO PROVISION RECORDED FOR UNCERTAIN INCOME TAX POSITIONS. MANAGEMENT BELIEVES THAT THE CURRENT AND THREE PRIOR TAX PERIODS REMAIN SUBJECT TO EXAMINATION BY TAXING JURISDICTIONS. 0 0 0 ERICA DOMBEY EXECUTIVE DIRECTOR 155313 0 12000 0 0 0 13385 0 12194 0 192892 0 0 0 NICCOLE ZELL EMPLOYEE 108333 0 5000 0 0 0 9067 0 9139 0 131539 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. CONFLICT OF INTEREST ISSUES ARE FORWARDED TO THE GOVERNANCE COMMITTEE FOR ACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED USING COMPARABILITY DATA FROM NADCO FOR SIMILAR SIZED CDC'S AND SIMILAR JOBS IN THE BANKING INDUSTRY, IS SUBJECT TO FINANCE AND EXECUTIVE COMMITTEE REVIEW AND ANNUAL BUDGET LIMITS. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES USE NADCO COMPARISONS WITH SIMILAR SIZED CDC'S (ONE OR TWO COUNTY COVERAGE AND SIMILAR PORTFOLIO SIZE). FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S WHISTLEBLOWER POLICY, CODE OF CONDUCT, AND CONTRIBUTION POLICY ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE ORGANIZATION'S WEBSITE. FORM 990: PAGE 12, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE TO THE OVERSIGHT OR SELECTION PROCESSES. RDC HOLDING LLC 1757 THORNAPPLE CIRCLE VALPARAISO IN 46385 271019573 NONRESIDENTIAL RENTALS IN 94865 528349 REGIONAL DEVELOPMENT COMPANY