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Nonprofit · EIN 31-0947416

COMMUNITY DEVELOPMENT CORP OF FORT WAYNE

Tax-exempt · FORT WAYNE, IN 46802

Financials

$682K$569K2023$814K$573K2024$870K$353K2025
Revenue Expenses · by fiscal year end
Financials of COMMUNITY DEVELOPMENT CORP OF FORT WAYNE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$869,833$353,261$516,572$12,093,043$66,522$12,026,521
December 31, 2024990$813,979$573,286$240,693$11,573,506$63,557$11,509,949
December 31, 2023990$681,898$568,794$113,104$11,337,680$68,424$11,269,256
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$606,661
Investment income
$261,277
Other revenue
$1,895

Expenses

Grants and similar amounts paid
$4,500
Compensation of officers, directors and key employees
$279,697
Other salaries and wages
$129,069
Salaries, compensation and benefits (total)
$412,685
Professional fundraising fees
$0
Accounting fees
$26,956
Travel
$598
Program services (functional)
$213,400
Management and general (functional)
$139,861

Balance sheet and other

Total assets, start of year
$11,573,506
Total assets, end of year
$12,093,043
Total liabilities, end of year
$66,522
Net assets, end of year
$12,026,521
Net assets without donor restrictions
$2,593,414
Net assets with donor restrictions
$9,433,107
Gross receipts
$869,833
Employees
3
Volunteers
14
Year formed
1978
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.

NameTitleHours / weekCompensationOther / benefits
CHERYL BLACKMANEXECUTIVE DIRECTOR
Officer
40$14,286$137,507
DARREN RENIERSR. FINANCE SPECIALIST
Highest-paid employee
40$18,499$109,404
BARBARA JOHNSONDIRECTOR
Trustee or director
2$0$0
BENJAMIN ROUSSELDIRECTOR
Trustee or director
1$0$0
BETH MCAVOYDIRECTOR
Trustee or director
0.5$0$0
CARYN NAVEDIRECTOR
Trustee or director
1$0$0
CECILE WEIRTREASURER
Trustee or director, Officer
0.5$0$0
CHRIS BANDEMERDIRECTOR
Trustee or director
3$0$0
DENNIS TRATNYEKDIRECTOR
Trustee or director
1$0$0
ERIC TODDVICE PRESIDENT
Trustee or director, Officer
2$0$0
GRANT DAILYPRESIDENT
Trustee or director, Officer
1$0$0
ISAAC LEEDIRECTOR
Trustee or director
3$0$0
JUSTIN HAYESDIRECTOR
Trustee or director
0.5$0$0
KIENAN O'ROURKESECRETARY
Trustee or director, Officer
1$0$0
KRISTIN SMITHDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
PALERMO GALINDODIRECTOR
Trustee or director
1.5$0
990 for the year ended December 31, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
CHERYL BLACKMANEXECUTIVE DIRECTOR
Officer
40$10,615$133,395
DARREN RENIERFINANCE SPECIALIST
Highest-paid employee
40$12,375$106,111
BARBARA JOHNSONDIRECTOR
Trustee or director
2$0$0
BENJAMIN ROUSSELDIRECTOR
Trustee or director
1$0$0
BETH MCAVOYDIRECTOR
Trustee or director
0.5$0$0
CARYN NAVEDIRECTOR
Trustee or director
1$0$0
CECILE WEIRTREASURER
Trustee or director, Officer
0.5$0$0
CHRIS BANDEMERDIRECTOR
Trustee or director
1$0$0
CURTIS METZSECRETARY (THRU 3/24)
Trustee or director, Officer
0.5$0$0
DENNIS TRATNYEKDIRECTOR
Trustee or director
1$0$0
ERIC TODDVICE PRESIDENT
Trustee or director, Officer
2$0$0
GRANT DAILYPRESIDENT
Trustee or director, Officer
0.5$0$0
ISAAC LEEDIRECTOR
Trustee or director
3$0$0
JUSTIN HAYESDIRECTOR
Trustee or director
1$0$0
KIENAN O'ROURKESECRETARY
Trustee or director, Officer
1$0$0
KRISTIN SMITHDIRECTOR
Trustee or director
1$0$0
PALERMO GALINDODIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
CHERYL BLACKMANEXECUTIVE DI
Officer
40$111,432$27,709
CHRIS BANDEMERDIRECTOR
Trustee or director
0.5$0$0
GRANT DAILYPRESIDENT
Trustee or director, Officer
1$0$0
PALERMO GALINDODIRECTOR
Trustee or director
1$0$0
KEITH GILLENWATERDIRECTOR
Trustee or director
1$0$0
JUSTIN HAYESDIRECTOR
Trustee or director
1$0$0
BARBARA JOHNSONDIRECTOR
Trustee or director
2$0$0
BETH MCAVOYDIRECTOR
Trustee or director
1$0$0
CURTIS METZSECRETARY
Trustee or director, Officer
2$0$0
CARYN NAVEDIRECTOR
Trustee or director
1$0$0
KIENAN O'ROURKEDIRECTOR
Trustee or director
1$0$0
BENJAMIN ROUSSELDIRECTOR
Trustee or director
2$0$0
ERIC TODDVICE PRESIDE
Trustee or director, Officer
1$0$0
DENNIS TRATNYEKDIRECTOR
Trustee or director
1$0$0
CECILE WEIRTREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
200 E BERRY ST STE 320, FORT WAYNE, IN 46802-2737
Principal officer (990 for 2025)
GRANT DAILY, 200 E BERRY STREET STE 320, FORT WAYNE, IN 46802
Signed the 990
GRANT DAILY, PRESIDENT
Phone
(260) 427-1125
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO STIMULATE ECONOMIC GROWTH AND PROSPERITY THROUGHOUT THE COMMUNITIES WE SERVE BY PROVIDING ALTERNATIVE FINANCING OPTIONS TO NEW AND EXISTING SMALL BUSINESS OWNERS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION ADMINISTERS LOANS TO NEW AND EXPANDING BUSINESSES IN INDIANA, UTILIZING FUNDS RECEIVED THROUGH GRANTS FROM LOCAL, STATE, AND FEDERAL AGENCIES OVER THE YEARS. THESE GRANT FUNDS HAVE SUPPORTED REVOLVING LOAN FUND (RLF) PROGRAMS. FURTHERMORE, THE ORGANIZATION FUNCTIONS AS AN AUTHORIZED CERTIFIED DEVELOPMENT COMPANY (CDC), ADMINISTERING SMALL BUSINESS LOANS THROUGH THE U.S. SMALL BUSINESS ADMINISTRATION (SBA). ALL PROGRAMS PRIORITIZE ECONOMIC DEVELOPMENT AND JOB CREATION AND/OR RETENTION.
    Expenses $213,400 · revenue $608,556

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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
31-0947416
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,093,043
Income (IRS master file)
$869,833

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$869,833$353,261$12,093,043XML
990December 2024$813,979$573,286$11,573,506XML
990December 2023$681,898$568,794$11,337,680XML
990December 2022$1,019,842$375,624$11,219,392IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 31-0947416).

Questions about COMMUNITY DEVELOPMENT CORP OF FORT WAYNE

What is the EIN of COMMUNITY DEVELOPMENT CORP OF FORT WAYNE?
The employer identification number (EIN) of COMMUNITY DEVELOPMENT CORP OF FORT WAYNE is 31-0947416.
Is COMMUNITY DEVELOPMENT CORP OF FORT WAYNE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1979.
Are donations to COMMUNITY DEVELOPMENT CORP OF FORT WAYNE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COMMUNITY DEVELOPMENT CORP OF FORT WAYNE 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 COMMUNITY DEVELOPMENT CORP OF FORT WAYNE 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 COMMUNITY DEVELOPMENT CORP OF FORT WAYNE 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 COMMUNITY DEVELOPMENT CORP OF FORT WAYNE?
The 990 for the year ended December 31, 2025 names GRANT DAILY.
Who are the officers and directors of COMMUNITY DEVELOPMENT CORP OF FORT WAYNE?
The 990 for the year ended December 31, 2025 lists 16 people; 2 received compensation from the organization, the highest $14,286 (CHERYL BLACKMAN, EXECUTIVE DIRECTOR).
How much revenue does COMMUNITY DEVELOPMENT CORP OF FORT WAYNE have?
On its 990 for the year ended December 31, 2025 it reported revenue of $869,833, expenses of $353,261 and total assets of $12,093,043 at year end.

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