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Nonprofit · EIN 20-0724507

KETTERING DEVELOPMENT CORPORATION

Tax-exempt · KETTERING, OH 45429

Financials

$4K$2K2023$308K$111K2024
Revenue Expenses · by fiscal year end
Financials of KETTERING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$307,701$111,232$196,469$719,914$0$719,914
December 31, 2023990$3,903$2,042$1,861$523,445$0$523,445
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$305,000
Program service revenue
$0
Investment income
$2,601
Other revenue
$100

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$975
Program services (functional)
$106,721
Management and general (functional)
$4,511

Balance sheet and other

Total assets, start of year
$523,445
Total assets, end of year
$719,914
Total liabilities, end of year
$0
Net assets, end of year
$719,914
Land, buildings and equipment
$274,558
Gross receipts
$307,701
Employees
0
Volunteers
0
Year formed
1999
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
KATHY HOLLINGSWORTHCHAIRMAN
Trustee or director, Officer
0.2$0
PEGGY LEHNERVICE CHAIRMAN
Trustee or director, Officer
0.1$0
BOB SCOTTTRUSTEE
Trustee or director
0.1$0
SHANE SULLIVANTRUSTEE
Trustee or director
0.1$0
CAROL BEAUSAYTRUSTEE
Trustee or director
0.1$0
KEN LACKEYTRUSTEE
Trustee or director
0.1$0
ALBERT FULLENKAMPTRUSTEE
Trustee or director
0.1$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
KATHY HOLLINGSWORTHCHAIRMAN
Trustee or director, Officer
0.2$0
PEGGY LEHNERVICE CHAIRMAN
Trustee or director, Officer
0.1$0
BRUCE DUKETRUSTEE
Trustee or director
0.1$0
TONY KLEPACZTRUSTEE
Trustee or director
0.1$0
CAROL BEAUSAYTRUSTEE
Trustee or director
0.1$0
KEN LACKEYTRUSTEE
Trustee or director
0.1$0
ALBERT FULLENKAMPTRUSTEE
Trustee or director
0.1$0

Address and contacts

Address (IRS master file)
PO BOX 2409, KETTERING, OH 45429-0000
In care of
% DAVID L EUBANK
Principal officer (990 for 2024)
KATHY HOLLINGSWORTH, 166 STRATHMOOR CROSSING, DAYTON, OH 45429
Signed the 990
KATHY HOLLINGSWORTH, CHAIRMAN
Phone
(937) 229-5400
Return prepared by
FLAGEL HUBER FLAGEL

Mission

SUPPORT AND IMPROVE THE CITY OF KETTERING'S FUTURE THROUGH THE REDEVELOPMENT OF COMMERICIAL AND RESIDENTIAL PROPERTIES.

990 for the year ended December 31, 2024

Program accomplishments

  • HOSTING & MAINTENANCE FEES FOR WEBSITE THAT PROMOTES CURRENT AND FUTURE DEVELOPMENTS.MARKETING OF PROPERTIES AVAILABLE FOR DEVELOPMENT.
    Expenses $106,721

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
20-0724507
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
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$719,914
Income (IRS master file)
$307,701

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$3,903$2,042$523,445IRS
990December 2022$1,705$2,905$521,584IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about KETTERING DEVELOPMENT CORPORATION

What is the EIN of KETTERING DEVELOPMENT CORPORATION?
The employer identification number (EIN) of KETTERING DEVELOPMENT CORPORATION is 20-0724507.
Is KETTERING DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to KETTERING DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KETTERING 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 KETTERING DEVELOPMENT CORPORATION 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 KETTERING DEVELOPMENT CORPORATION 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 KETTERING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names KATHY HOLLINGSWORTH.
Who are the officers and directors of KETTERING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does KETTERING DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $307,701, expenses of $111,232 and total assets of $719,914 at year end.

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