2025-02-03T08:27:47-06:00 2024-09-30 351509921 SWARTZ RETSON & CO PC 235 E 86TH AVENUE MERRILLVILLE IN 46410 990 2023-10-01 351939664 REGIONAL DEVELOPMENT COMPANY REGI 2194760504 1757 THORNAPPLE CIRCLE VALPARAISO IN 46385 ERICA DOMBEY EXECUTIVE DIRECTOR 2194760507 2025-01-15 1 0 THOMAS J NEWMAN P00829437 2197693616 2025-01-15 2023 2025-03-06 01:10:19Z ERICA DOMBEY 1757 THORNAPPLE CIRCLE VALPARAISO IN 46385 1050086 0 X WWW.RDC504.ORG X 1994 IN TO HELP SMALL BUSINESSES BECOME AWARE OF SBA 504 LOAN FINANCING. 28 28 7 32 95103 3627 0 0 845519 941705 5743 11607 101908 96774 953170 1050086 9100 9850 0 0 719476 754292 0 0 0 271126 259796 999702 1023938 -46532 26148 862160 884701 271538 267931 590622 616770 TO HELP SMALL BUSINESSES BECOME AWARE OF SBA 504 LOAN FINANCING. 0 0 897463 9850 943376 FINANCING WAS PROVIDED TO 30 APPLICANTS DURING THE FISCAL YEAR ENDING SEPTEMBER 30, 2024. 897463 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 6 0 7 1 1 1 0 0 0 0 0 0 0 X 28 28 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 0 0 0 KEVEN JENNINGS DIRECTOR 1.00 X 0 0 0 JOHN MATTHIESEN DIRECTOR 1.00 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 X 0 0 0 MICHAEL RIEHLE JR TREASURER 1.00 X 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 MARK OGANOVICH DIRECTOR 1.00 X 0 0 0 ANTHONY SINDONE DIRECTOR 1.00 X 0 0 0 ANNE TAYLOR DIRECTOR 1.00 X 0 0 0 ERICA DOMBEY EXECUTIVE DIRECTOR 40.00 X 162774 0 26045 NICCOLE ZELL EMPLOYEE 40.00 X 116722 0 19043 279496 0 45088 2 0 1 0 0 SERVICE FEES 525990 610475 610475 PROCESSING FEES 525990 198791 198791 504 LOAN INTEREST INCO 525990 132439 132439 941705 11607 11607 95103 0 95103 95103 95103 FORFEIRTED DEPOSITS 525990 901 901 LATE FEE INCOME 525990 770 770 1671 1050086 943376 95103 11607 9850 9850 180973 180973 427350 357498 69852 32505 28849 3656 68198 58451 9747 45266 39834 5432 855 607 248 40747 30618 10129 383 272 111 24544 21599 2945 22651 19932 2719 28727 25280 3447 41672 38872 2800 11089 9759 1330 7242 3621 3621 5849 5849 36935 33514 3421 13119 7999 5120 STATE INCOME TAX 187 187 PROCESSING FEES 8287 7293 994 DUES 7526 6623 903 LENDER CONTEST 5500 5500 4483 4483 1023938 897463 126475 0 87140 94044 148947 194566 23585 24678 906798 492566 451168 414232 150000 150000 1320 7181 862160 884701 37997 57909 36960 29000 155927 131197 40654 49825 271538 267931 X 590622 616770 862160 884701 26148 0 X X 0 1 X 1 0 560000 212655 347345 251050 190810 60240 50421 46292 4129 45327 42809 2518 414232 DEPOSITS PAYABLE 35220 SECURITY DEPOSITS 7589 INCOME TAX PAYABLE 949 LEASE OBLIGATIONS- OPERATING 6067 49825 X 1050086 0 1050086 0 1050086 1023938 0 1023938 0 1023938 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, 2024, 2023, AND 2022, 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 152774 0 10000 0 0 0 13022 0 13023 0 188819 0 0 0 NICCOLE ZELL EMPLOYEE 111722 0 5000 0 0 0 9338 0 9705 0 135765 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 95103 505223 REGIONAL DEVELOPMENT COMPANY