Nonprofit · EIN 20-1700622
ELWOOD COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · ELWOOD, IN 46036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $192,185 | $101,452 | $90,733 | $1,502,977 | $1,791 | $1,501,186 |
| December 31, 2024 | 990 | $210,909 | $66,544 | $144,365 | $1,410,671 | $218 | $1,410,453 |
| December 31, 2023 | 990 | $212,775 | $78,586 | $134,189 | $1,266,202 | $114 | $1,266,088 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $141,491
- Net rental income
- $50,694
- Other revenue
- $50,694
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $7,097
- Salaries, compensation and benefits (total)
- $7,837
- Professional fundraising fees
- $0
- Legal fees
- $11,717
- Accounting fees
- $2,667
- Occupancy
- $14,718
- Depreciation
- $3,638
- Program services (functional)
- $34,810
- Management and general (functional)
- $66,642
Balance sheet and other
- Total assets, start of year
- $1,410,671
- Total assets, end of year
- $1,502,977
- Total liabilities, end of year
- $1,791
- Net assets, end of year
- $1,501,186
- Land, buildings and equipment
- $55,441
- Gross receipts
- $192,185
- Employees
- 1
- Year formed
- 2004
- State of legal domicile
- IN
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCIA FRY | EXECUTIVE DIRECTOR Trustee or director, Officer | 5 | $7,097 |
| JOHN BURNETTE | PRESIDENT Officer | 5 | $0 |
| COREY MAY | VICE PRESIDENT Officer | 5 | $0 |
| TOM AUSTIN | SECRETARY Officer | 5 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCIA FRY | EXECUTIVE DIRECTOR Trustee or director, Officer | 5 | $7,097 |
| JOHN BURNETTE | PRESIDENT Officer | 5 | $0 |
| COREY MAY | VICE PRESIDENT Officer | 5 | $0 |
| TOM AUSTIN | SECRETARY Officer | 5 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCY FRY | EXECUTIVE DIRECTOR Trustee or director, Officer | 5 | $7,496 |
| TOM AUSTIN | SECRETARY Officer | 5 | $0 |
| JOHN BURNETTE | PRESIDENT Officer | 5 | $0 |
| COREY MAY | VICE PRESIDENT Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 108 S ANDERSON ST, ELWOOD, IN 46036-2013
- In care of
- % MARCIA FRY
- Mailing address (990-N for 2020)
- 1601 South Anderson Street, Elwood IN 46036
- Principal officer (990-N for 2020)
- Michael Farrer, 1601 South Anderson Street, Elwood IN 46036
- Signed the 990
- MARCIA FRY, DIRECTOR
- Phone
- (765) 552-0180
- Return prepared by
- PATRICK GREEN
Mission
ENCOURAGE LOCAL DEVELOPMENT
Program accomplishments
- DONATED OVER $18,000 TO LOCAL SPORTS, LOCAL PUBLIC PROGRAMS, LOCAL PARK, LOCAL LAW ENFORCEMENT, AND OTHER LOCAL CAUSES TO SUPPORT VARIOUS LOCAL EFFORTS IN THE COMMUNITY AND TO IMPROVE THE QUALITY OF LIFE AND ENCOURAGE LOCAL GROWTH.Expenses $18,194
- WORKED WITH LOCAL GOVERNMENT AGENCIES TO ENCOURAGE SALE/RENT OF REAL ESTATE AROUND DOWNTOWN AND LOCAL GOLF COURSE; SUPPORTED OTHER LOCAL ACTIVITIES.Expenses $16,616
- MAINTAINED NEW WEBSITE FOR VARIOUS LOCAL AGENCIES, INCLUDING CITY, LIBRARY, AND SCHOOLS TO BE MANAGED IN A PROFESSIONAL, CIVIC MANNER. CONTINUED NEGOTIATIONS TO PURCHASE LOCAL COMMERCIAL PROPERTY FOR REDEVELOPMENT.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-1700622
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $1,502,977
- Income (IRS master file)
- $192,185
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $192,185 | $101,452 | $1,502,977 | XML |
| 990 | December 2024 | $210,909 | $66,544 | $1,410,671 | XML |
| 990 | December 2023 | $212,775 | $78,586 | $1,266,202 | XML |
| 990 | December 2022 | $47,679 | $387,253 | $1,376,382 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Michael Farrer | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Jeffrey Poe | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 20-1700622).
Questions about ELWOOD COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of ELWOOD COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ELWOOD COMMUNITY DEVELOPMENT CORPORATION is 20-1700622.
- Is ELWOOD COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to ELWOOD COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELWOOD COMMUNITY 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 ELWOOD COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELWOOD COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ELWOOD COMMUNITY DEVELOPMENT CORPORATION?
- The 990-N for 2020 names Michael Farrer.
- Who are the officers and directors of ELWOOD COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $7,097 (MARCIA FRY, EXECUTIVE DIRECTOR).
- How much revenue does ELWOOD COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $192,185, expenses of $101,452 and total assets of $1,502,977 at year end.
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All nonprofits in ELWOOD · Indiana · Community improvement and capacity building