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Nonprofit · EIN 30-1292270

LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt · ELYRIA, OH 44035

Financials

$326K$272K2025
Revenue Expenses · by fiscal year end
Financials of LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$325,662$272,058$53,604$285,925$0$285,925
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$317,750
of which government grants
$43,000
Program service revenue
$7,912
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$149,930
Salaries, compensation and benefits (total)
$149,930
Professional fundraising fees
$0
Accounting fees
$5,879
Travel
$11,246
Program services (functional)
$253,846
Management and general (functional)
$18,212

Balance sheet and other

Total assets, start of year
$232,321
Total assets, end of year
$285,925
Total liabilities, end of year
$0
Net assets, end of year
$285,925
Net assets without donor restrictions
$285,925
Gross receipts
$325,662
Employees
1
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
PHILIP AMOSCHAIR
Trustee or director, Officer
–$0
DR MARCIA BALLANGERTRUSTEE
Trustee or director
–$0
GLEN FAIRCLOTHTRUSTEE
Trustee or director
–$0
JOHN FALBOTRUSTEE
Trustee or director
–$0
JAIME HARTTRUSTEE
Trustee or director
–$0
BILL HUDNUTTTRUSTEE
Trustee or director
–$0
KEVIN KNIGHTTRUSTEE
Trustee or director
–$0
CHRIS MEADTREASURER
Trustee or director, Officer
–$0
ROBERT MUNROTRUSTEE
Trustee or director
–$0
CHRISTINE NELSONTRUSTEE
Trustee or director
–$0
KEITH NELSONTRUSTEE
Trustee or director
–$0
ANDREW PERRYTRUSTEE
Trustee or director
–$0
RADHIKA REDDYVICE CHAIR
Trustee or director
–$0
NICO SAMANIEGOEX OFFICIO
Trustee or director
–$0
MAXWELL SHERERVICE CHAIR
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
226 MIDDLE AVE, ELYRIA, OH 44035-5629
In care of
% ANTHONY GALLO
Principal officer (990 for 2025)
PHILIP AMOS, 226 MIDDLE AVE, ELYRIA, OH 44035
Signed the 990
LISA HUTSON, CEO
Phone
(440) 328-2550
Return prepared by
ELEK & NOSS LLC

Mission

OUR MISSION IS TO SERVE LORAIN COUNTY RESIDENTS AND BUSINESSES THROUGH COMMUNITY DEVELOPMENT INITIATIVES BY STRIVING TO, IMPROVE QUALITY OF LIFE, FOSTER SMART GROWTH, PROMOTE ECONOMIC VITALITY, ENCOURAGE DEVELOPMENT AND REDEVELOPMENT, AND TO PROVIDE TOOLS TO COMMUNITY LEADERS FOR MANAGEMENT AND FOR MAKING POLICY DECISIONS.

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROMOTE COMMUNITY DEVELOPMENT INITIATIVES.
    Expenses $253,846 · revenue $317,750

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, 2026990 on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
30-1292270
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$285,925
Income (IRS master file)
$325,662

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025–––IRS
990-EZDecember 2024–––IRS
990December 2023$283,000$53,924$232,509IRS
990-EZDecember 2022–––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 LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION is 30-1292270.
Is LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LORAIN COUNTY 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 LORAIN COUNTY 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 LORAIN COUNTY 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 LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names PHILIP AMOS.
Who are the officers and directors of LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
How much revenue does LORAIN COUNTY COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $325,662, expenses of $272,058 and total assets of $285,925 at year end.

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