Nonprofit · EIN 31-1104871
VALPARAISO ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · VALPARAISO, IN 46384
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $129,834 | $148,387 | -$18,553 | $62,284 | $12,991 | $49,293 |
| December 31, 2023 | 990-EZ | $143,460 | $127,952 | $15,508 | $74,646 | $6,800 | $67,846 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $129,450
- Program service revenue
- $0
- Investment income
- $4
- Other revenue
- $380
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $7,180
- Occupancy
- $11,743
- Other expenses
- $129,464
- Program services (functional)
- $68,202
Balance sheet and other
- Total assets, start of year
- $74,646
- Total assets, end of year
- $62,284
- Total liabilities, end of year
- $12,991
- Net assets, end of year
- $49,293
- Cash, savings and investments
- $58,695
- Gross receipts
- $129,834
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REX RICHARDS | PRESIDENT | 10 | $0 |
| DALE CLAPP | CHAIR | 1 | $0 |
| JON SCHMALTZ | CHAIR-ELECT | 1 | $0 |
| ERIK BACK | TREASURER | 1 | $0 |
| VANESSA LYNCH | SECRETARY | 1 | $0 |
| MEGAN KEILMAN | BOARD OF DIRECTORS | 1 | $0 |
| BILL OEDING | BOARD OF DIRECTORS | 1 | $0 |
| JOE COAR | BOARD OF DIRECTORS | 1 | $0 |
| GEORGE DOUGLAS | BOARD OF DIRECTORS | 1 | $0 |
| TODD ETZLER | BOARD OF DIRECTORS | 1 | $0 |
| ERIC JOHNSON | BOARD OF DIRECTORS | 1 | $0 |
| KYLE KUEBLER | BOARD OF DIRECTORS | 1 | $0 |
| SCOTT MUNDELL | BOARD OF DIRECTORS | 1 | $0 |
| NICK SOMMER | BOARD OF DIRECTORS | 1 | $0 |
| STEVE MURPHY | BOARD OF DIRECTORS | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHUCK WILLIAMS | BOARD OF DIRECTORS | 1 | $0 |
| RANDALL ZROMKOSKI | BOARD OF DIRECTORS | 1 | $0 |
990-EZ for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| REX RICHARDS | PRESIDENT | 10 | $0 |
| DALE CLAPP | CHAIR | 1 | $0 |
| LISA KIGER | CHAIR-ELECT | 1 | $0 |
| ERIK BACK | TREASURER | 1 | $0 |
| JON SCHMALTZ | SECRETARY | 1 | $0 |
| MEGAN KEILMAN | VICE PRESIDENT | 1 | $0 |
| BILL OEDING | BOARD OF DIRECTORS | 1 | $0 |
| JOE COAR | BOARD OF DIRECTORS | 1 | $0 |
| DENISE CONLON | BOARD OF DIRECTORS | 1 | $0 |
| ASHLEY DICKINSON | BOARD OF DIRECTORS | 1 | $0 |
| GEORGE DOUGLAS | BOARD OF DIRECTORS | 1 | $0 |
| TODD ETZLER | BOARD OF DIRECTORS | 1 | $0 |
| ERIC JOHNSON | BOARD OF DIRECTORS | 1 | $0 |
| KYLE KUEBLER | BOARD OF DIRECTORS | 1 | $0 |
| LARRY MOORE | BOARD OF DIRECTORS | 1 | $0 |
| NICK SOMMER | BOARD OF DIRECTORS | 1 | $0 |
| MATT WELTER | BOARD OF DIRECTORS | 1 | $0 |
| CHUCK WILLIAMS | BOARD OF DIRECTORS | 1 | $0 |
| RANDALL ZROMKOSKI | BOARD OF DIRECTORS | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 330, VALPARAISO, IN 46384-0330
- Signed the 990-EZ
- REX RICHARDS, PRESIDENT
- Phone
- (219) 462-1105
- Website
- valpoedc.com
- Return prepared by
- APPLEGATE & COMPANY PC CPAs
Mission
BUSINESS ATTRACTION AND RETENTION
Program accomplishments
- PROVIDED ACTIVITIES NECESSARY TO ENSURE BUSINESS ATTRACTION AND RETENTIONExpenses $68,202
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 31-1104871
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $62,284
- Income (IRS master file)
- $129,834
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $129,834 | $148,387 | $62,284 | IRS |
| 990-EZ | December 2023 | $143,460 | $127,952 | $74,646 | XML |
| 990 | December 2022 | $151,610 | $138,004 | $59,998 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 31-1104871).
Questions about VALPARAISO ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of VALPARAISO ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of VALPARAISO ECONOMIC DEVELOPMENT CORPORATION is 31-1104871.
- Is VALPARAISO ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to VALPARAISO ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALPARAISO ECONOMIC 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 VALPARAISO ECONOMIC 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 VALPARAISO ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of VALPARAISO ECONOMIC DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2024 lists 17 people; 0 received compensation from the organization.
- How much revenue does VALPARAISO ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $129,834, expenses of $148,387 and total assets of $62,284 at year end.
Other nonprofits in VALPARAISO
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- PARADISE COMMUNITY HOMES EIN 99-4495304 · last filed 990 for 2025
- OUR GREATER GOOD INC EIN 46-3013246 · last filed 990 for 2024
- REV FOUNDATION INC EIN 99-3759344 · last filed 990-PF for 2025
- NORTHWEST INDIANA REGIONAL GROWTH FUND INC EIN 33-1534454 · last filed 990-EZ for 2025
- VALPARAISO KIWANIS CLUB FOUNDATION EIN 35-2060072 · last filed 990-EZ for 2025
- INDIANA PAWNBROKERS ASSOCIATION INCORPORATED EIN 45-4974216 · last filed 990 for 2023
- KIWANIS CLUB OF VALPARAISO SUNRISE INCORPORATED EIN 35-1766046 · last filed 990-EZ for 2025
All nonprofits in VALPARAISO · Indiana · Community improvement and capacity building