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Nonprofit · EIN 31-1083219

WESTERVILLE INDUSTRY AND COMMERCE CORPOR

Tax-exempt · WESTERVILLE, OH 43086

Financials

$9.3M$351K2023$906K$676K2024
Revenue Expenses · by fiscal year end
Financials of WESTERVILLE INDUSTRY AND COMMERCE CORPOR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$906,198$676,274$229,924$9,941,955$0$9,941,955
December 31, 2023990$9,308,323$350,773$8,957,550$10,193,036$0$10,193,036
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$854,190
Program service revenue
$13
Investment income
$51,995
Other revenue
$0

Expenses

Grants and similar amounts paid
$556,024
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$15,536
Occupancy
$35,317
Program services (functional)
$556,024
Management and general (functional)
$120,250

Balance sheet and other

Total assets, start of year
$10,193,036
Total assets, end of year
$9,941,955
Total liabilities, end of year
$0
Net assets, end of year
$9,941,955
Net assets without donor restrictions
$9,467,463
Net assets with donor restrictions
$474,492
Gross receipts
$906,198
Employees
0
Volunteers
9
Year formed
1965
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
Janet DavisChairperson
Trustee or director, Officer
1$0
Dennis BlairTrustee-End
Trustee or director
0.1$0
Andrew WinkelTrustee-Begin
Trustee or director
1$0
Michael SwartzTrustee
Trustee or director
1$0
Bruce BaileyTrustee-End
Trustee or director
0.1$0
Rick RanoTrustee
Trustee or director
1$0
Jason BechtoldTreasurer
Trustee or director, Officer
1$0
Monica IrelanTrustee
Trustee or director
1$0
Coutanya CoombsTrustee-Begin
Trustee or director
1$0
Monica DupeeVice Chair
Officer
1$0
Rob RishelSecretary
Officer
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Janet DavisChairperson
Trustee or director, Officer
1$0
Dennis BlairTrustee
Trustee or director
1$0
Karl CravenViceChairperson
Trustee or director, Officer
1$0
Michael SwartzTrustee
Trustee or director
1$0
Bruce BaileyTrustee
Trustee or director
1$0
Rick RanoTrustee
Trustee or director
1$0
Monica IrelanTrustee
Trustee or director
1$0
Jason BechtoldTreasurer
Officer
1$0
Rob RishelSecretary
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 6107, WESTERVILLE, OH 43086-6107
Principal officer (990 for 2024)
Janet Davis, PO Box 6107, Westerville, OH 43081
Signed the 990
Jason Bechtold, Treasurer
Phone
(614) 901-6409
Return prepared by
Toukan & Company

Mission

To advance, encourage and promote industrial, economic, commercial and civic development of the City of Westerville and Blendon, Sharon, Orange and Genoa Townships by such means as will improve the normal growth, employment opportunities, stability of employment in existing industry, advancement of the industrial and commercial life of the community and to stabilize the general economy of the area.

990 for the year ended December 31, 2024

Program accomplishments

  • Provide loans to local businesses that promote our tax exempt purpose. If certain income tax revenues are generated by the company within a specified period of time, the loans are forgiven.
    Expenses $240,000 · grants $240,000
  • Provide grants to improve commercial and mixed-use building facades in the uptown Westerville area.
    Expenses $145,233 · grants $145,233
  • Uptown Fire Suppression Program - offers up to 75% grant to property owners for wet fire suppression system installation costs for buildings in the Westerville Uptown area.
    Expenses $87,550 · grants $87,550
  • Provide grants to commercial and industrial companies that have implemented energy efficient projects.
    Expenses $83,241 · grants $83,241
  • Property Development - Purchase or help facilitate the purchase of real property in the Westerville area.
  • Provide grants for Economic Development related to the Fintech PILOT project at Otterbein University to help support creation of local jobs.
  • Power Up Program - provides funding for investment into commercial electric vehicle supply equiment (i.e. EV charging equipment).
  • Commercial Solar Rebate Program - offers rebates for investment in solar panel investment.
  • Innovation Retro commissioning Program - provides funds for retro commissioning projects that are administered by a third party vendor.

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
31-1083219
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
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,941,955
Income (IRS master file)
$906,198

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$906,198$676,274$9,941,955XML
990December 2023$9,308,323$350,773$10,193,036XML
990December 2022$49,886$135,498$1,235,486IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 31-1083219).

Questions about WESTERVILLE INDUSTRY AND COMMERCE CORPOR

What is the EIN of WESTERVILLE INDUSTRY AND COMMERCE CORPOR?
The employer identification number (EIN) of WESTERVILLE INDUSTRY AND COMMERCE CORPOR is 31-1083219.
Is WESTERVILLE INDUSTRY AND COMMERCE CORPOR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to WESTERVILLE INDUSTRY AND COMMERCE CORPOR tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WESTERVILLE INDUSTRY AND COMMERCE CORPOR 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 WESTERVILLE INDUSTRY AND COMMERCE CORPOR 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 WESTERVILLE INDUSTRY AND COMMERCE CORPOR 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 WESTERVILLE INDUSTRY AND COMMERCE CORPOR?
The 990 for the year ended December 31, 2024 names Janet Davis.
Who are the officers and directors of WESTERVILLE INDUSTRY AND COMMERCE CORPOR?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does WESTERVILLE INDUSTRY AND COMMERCE CORPOR have?
On its 990 for the year ended December 31, 2024 it reported revenue of $906,198, expenses of $676,274 and total assets of $9,941,955 at year end.

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