Nonprofit · EIN 31-1226554
SHELBY COUNTY DEVELOPMENT CORPORATION
Tax-exempt · SHELBYVILLE, IN 46176
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $423,091 | $374,725 | $48,366 | $109,765 | $62,598 | $47,167 |
| December 31, 2024 | 990 | $350,788 | $373,320 | -$22,532 | $53,096 | $54,295 | -$1,199 |
| December 31, 2023 | 990 | $299,962 | $332,457 | -$32,495 | $79,533 | $58,200 | $21,333 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $391,462
- of which government grants
- $225,000
- Membership dues
- $152,000
- Program service revenue
- $0
- Investment income
- $31,629
- Net gain from sales of assets
- $29,620
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $141,060
- Other salaries and wages
- $80,763
- Salaries, compensation and benefits (total)
- $264,355
- Professional fundraising fees
- $0
- Accounting fees
- $3,585
- Occupancy
- $7,920
- Travel
- $12,227
- Depreciation
- $18,110
- Program services (functional)
- $250,189
- Management and general (functional)
- $124,536
Balance sheet and other
- Total assets, start of year
- $53,096
- Total assets, end of year
- $109,765
- Total liabilities, end of year
- $62,598
- Net assets, end of year
- $47,167
- Land, buildings and equipment
- $62,730
- Net assets without donor restrictions
- $47,167
- Gross receipts
- $434,721
- Employees
- 2
- Year formed
- 1987
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN ASHER | EXEC DIRECTO Trustee or director | 40 | $141,060 |
| TRAVIS EDINGTON | TREASURER Officer | – | $0 |
| ANDREW FANSLER | SECRETARY Officer | – | $0 |
| MATT HAEHL | PRESIDENT Officer | – | $0 |
| DAVID TOLL | VICE PRESIDE Officer | – | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN ASHER | EXEC DIRECTO Trustee or director | 40 | $137,389 |
| TRAVIS EDINGTON | TREASURER Officer | – | $0 |
| MATT HAEHL | SECRETARY Officer | – | $0 |
| CHRIS KING | PRESIDENT Officer | – | $0 |
| DAVID TOLL | VICE PRESIDE Officer | – | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRIAN ASHER | EXEC DIRECTO Trustee or director | 40 | $133,520 |
| TRAVIS EDINGTON | TREASURER Officer | – | $0 |
| MATT HAEHL | SECRETARY Officer | – | $0 |
| CHRIS KING | PRESIDENT Officer | – | $0 |
| DAVID TOLL | VICE PRESIDE Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 16 PUBLIC SQ STE A, SHELBYVILLE, IN 46176-1394
- Principal officer (990 for 2025)
- BRIAN ASHER
- Signed the 990
- BRIAN ASHER, EXEC DIRECTOR
- Phone
- (317) 398-8903
- Website
- WWW.SHELBYDEVELOPMENT.COM
- Return prepared by
- BRAMMER & YEEND PROFESSIONAL CORPORATION
Mission
DEVELOPMENT OF BUSINESS COMMUNITY IN SHELBY COUNTY.
Program accomplishments
- DEVELOPMENT OF BUSINESS COMMUNITY IN SHELBY COUNTY BY PROMOTING WORKFORCE READINESS, HIGHER EDUCATION, AND INTERNATIONAL RELATIONS.Expenses $250,189
- DEVELOPMENT OF BUSINESS COMMUNITY IN SHELBY COUNTY BY PROMOTING WORKFORCE READINESS, HIGHER EDUCATION, AND INTERNATIONAL RELATIONS.
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1226554
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $109,765
- Income (IRS master file)
- $434,721
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $423,091 | $374,725 | $109,765 | XML |
| 990 | December 2024 | $350,788 | $373,320 | $53,096 | XML |
| 990 | December 2023 | $299,962 | $332,457 | $79,533 | XML |
| 990 | December 2022 | $306,347 | $333,247 | $113,168 | 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 31-1226554).
Questions about SHELBY COUNTY DEVELOPMENT CORPORATION
- What is the EIN of SHELBY COUNTY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SHELBY COUNTY DEVELOPMENT CORPORATION is 31-1226554.
- Is SHELBY COUNTY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1988.
- Which annual return does SHELBY COUNTY 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 SHELBY COUNTY 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 SHELBY COUNTY 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 SHELBY COUNTY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names BRIAN ASHER.
- Who are the officers and directors of SHELBY COUNTY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $141,060 (BRIAN ASHER, EXEC DIRECTO).
- How much revenue does SHELBY COUNTY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $423,091, expenses of $374,725 and total assets of $109,765 at year end.
Other nonprofits in SHELBYVILLE
- BLUE RIVER FOUNDATION INC EIN 35-1756331 · last filed 990 for 2024
- SHARES INC EIN 35-1389005 · last filed 990 for 2025
- JOYCE NETWORK INC EIN 31-1177787 · last filed 990 for 2025
- BOYS & GIRLS CLUBS OF SHELBY COUNTY EIN 35-0957039 · last filed 990 for 2024
- SHELBY COUNTY PLAYERS INC EIN 86-1068374 · last filed 990 for 2025
- QUARTER HORSE RACING ASSOCIATION OF INDIANA INC EIN 35-1494271 · last filed 990 for 2024
- GIRLS INCORPORATED OF SHELBYVILLE SHELBY COUNTY EIN 35-1277849 · last filed 990 for 2024
- MAJOR HOSPITAL FOUNDATION EIN 23-7118890 · last filed 990 for 2024