Nonprofit · EIN 31-1051691
VILLAGE DEVELOPMENT CORPORATION
Tax-exempt · CINCINNATI, OH 45232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $204,493 | $54,768 | $149,725 | $210,990 | $25,000 | $185,990 |
| December 31, 2023 | 990-EZ | $36,327 | $59,926 | -$23,599 | $72,568 | $36,950 | $35,618 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $11,645
- Program service revenue
- $27,441
- Investment income
- $142,586
- Net gain from sales of assets
- $142,586
- Other revenue
- $22,821
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $32,015
- Program services (functional)
- $52,516
- Management and general (functional)
- $2,252
Balance sheet and other
- Total assets, start of year
- $72,568
- Total assets, end of year
- $210,990
- Total liabilities, end of year
- $25,000
- Net assets, end of year
- $185,990
- Net assets without donor restrictions
- $185,990
- Gross receipts
- $254,493
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1981
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Rudemiller | President Trustee or director, Officer | 2 | $0 |
| Brennan McNulty | Vice President Trustee or director, Officer | 2 | $0 |
| Dave Evans | Treasurer Trustee or director, Officer | 2 | $0 |
| Steven Mingus | Secretary Trustee or director, Officer | 2 | $0 |
| Bill Carson | Trustee Trustee or director | 2 | $0 |
| Jerry Moore | Trustee Trustee or director | 2 | $0 |
| Kathy Resnick | Trustee Trustee or director | 2 | $0 |
| Philip Murphy | Trustee Trustee or director | 2 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL RUDEMILER | PRESIDENT | 2 | $0 |
| DAVE EVANS | TREASURER | 2 | $0 |
| BRENNAN MCNULTY | VICE PRESIDENT | 2 | $0 |
| PHIL MURPHY | TRUSTEE | 2 | $0 |
| STEVEN MINGUS | SECRETARY | 2 | $0 |
| BILL CARLSON | TRUSTEE | 2 | $0 |
| JERRY MOORE | TRUSTEE | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 638 E EPWORTH AVENUE, CINCINNATI, OH 45232-1752
- Mailing address (990-N for 2015)
- 638 East Epworth Avenue, Cincinnati OH 45232
- Principal officer (990 for 2024)
- Paul Rudemiller, 638 E Epworth, Cincinnati, OH 45232
- Principal officer (990-N for 2015)
- Philip Murphy, 638 East Epworth Avenue, Cincinnati OH 45232
- Signed the 990
- DAVE EVANS, BOARD TREASURER
- Phone
- (513) 542-1750
- Website
- www.villagedevcorp.org
- Return prepared by
- Locey Mitchell & Associates Ltd
Mission
The mission of the Village Development Corporation is to continually revitalize the community by increasing home hownership, supporting business development, and by eliminating blight.
Program accomplishments
- Rented property at 638 East EpworthExpenses $48,035 · revenue $27,441
- Neighborhood Coffee HouseExpenses $1,435
- Pocket ParkExpenses $3,046
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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 31-1051691
- 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
- 1983
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $210,990
- Income (IRS master file)
- $254,493
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $204,493 | $54,768 | $210,990 | XML |
| 990-EZ | December 2023 | $36,327 | $59,926 | $72,568 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2015 Officer: Philip Murphy | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
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 31-1051691).
Questions about VILLAGE DEVELOPMENT CORPORATION
- What is the EIN of VILLAGE DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of VILLAGE DEVELOPMENT CORPORATION is 31-1051691.
- Is VILLAGE DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to VILLAGE DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VILLAGE 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 VILLAGE 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 VILLAGE 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 VILLAGE DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names Paul Rudemiller.
- Who are the officers and directors of VILLAGE DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does VILLAGE DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $204,493, expenses of $54,768 and total assets of $210,990 at year end.
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