Nonprofit · EIN 34-1405882
ASHTABULA COUNTY 503 CORPORATION
Tax-exempt · JEFFERSON, OH 44047
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $263,135 | $156,819 | $106,316 | $4,919,750 | $6,413 | $4,913,337 |
| September 30, 2024 | 990 | $265,054 | $129,558 | $135,496 | $4,841,602 | $34,581 | $4,807,021 |
| September 30, 2023 | 990 | $258,565 | $123,956 | $134,609 | $4,735,379 | $63,854 | $4,671,525 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $260,991
- Investment income
- $2,144
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $86,759
- Salaries, compensation and benefits (total)
- $96,114
- Professional fundraising fees
- $0
- Legal fees
- $809
- Accounting fees
- $8,100
- Occupancy
- $180
- Travel
- $606
- Management and general (functional)
- $156,819
Balance sheet and other
- Total assets, start of year
- $4,841,602
- Total assets, end of year
- $4,919,750
- Total liabilities, end of year
- $6,413
- Net assets, end of year
- $4,913,337
- Net assets without donor restrictions
- $356,829
- Net assets with donor restrictions
- $4,556,508
- Gross receipts
- $263,135
- Employees
- 1
- Year formed
- 1983
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FORD BEHM | TRUSTEE Trustee or director | – | $0 |
| JEROME BROCKWAY | PRESIDENT Trustee or director, Officer | – | $0 |
| RYAN COCHRAN | TRUSTEE Trustee or director | – | $0 |
| J P DUCRO | TRUSTEE Trustee or director | – | $0 |
| JODIE HITCHCOCK | TREASURER Trustee or director, Officer | – | $0 |
| GREG HOUSEL | TRUSTEE Trustee or director | – | $0 |
| BRIAN LEWIS | TRUSTEE Trustee or director | – | $0 |
| STEVE SARGENT | TRUSTEE Trustee or director | – | $0 |
| SCOTT TREEN | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended September 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FORD BEHM | TRUSTEE Trustee or director | – | $0 |
| JEROME BROCKWAY | PRESIDENT Trustee or director, Officer | – | $0 |
| RYAN COCHRAN | TRUSTEE Trustee or director | – | $0 |
| J P DUCRO | TRUSTEE Trustee or director | – | $0 |
| JODIE HITCHCOCK | TREASURER Trustee or director, Officer | – | $0 |
| GREG HOUSEL | TRUSTEE Trustee or director | – | $0 |
| BRIAN LEWIS | TRUSTEE Trustee or director | – | $0 |
| STEVE SARGENT | TRUSTEE Trustee or director | – | $0 |
| SCOTT TREEN | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended September 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FORD BEHM | TRUSTEE Trustee or director | – | $0 |
| JEROME BROCKWAY | PRESIDENT Trustee or director, Officer | – | $0 |
| RYAN COCHRAN | TRUSTEE Trustee or director | – | $0 |
| J P DUCRO | TRUSTEE Trustee or director | – | $0 |
| JODIE HITCHCOCK | TREASURER Trustee or director, Officer | – | $0 |
| GREG HOUSEL | TRUSTEE Trustee or director | – | $0 |
| STEVE SARGENT | TRUSTEE Trustee or director | – | $0 |
| SCOTT TREEN | SECRETARY Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 35 W JEFFERSON ST, JEFFERSON, OH 44047-1027
- Principal officer (990 for 2024)
- JEROME BROCKWAY
- Signed the 990
- JEROME BROCKWAY, PRESIDENT
- Phone
- (440) 576-9138
- Website
- AC503CORP.ORG
- Return prepared by
- CANTER & ASSOCIATES
Mission
THE ORGANIZATION OBTAINS GRANTS TO FUND LOW-INTEREST LOANS MADE TO PROMOTE JOB DEVELOPMENT IN THE AREA
Program accomplishments
- THE ORGANIZATION MAKES LOANS PURSUANT TO THE SMALL BUSINESS ADMINISTRATION LOAN PROGRAMS AND ADMINISTERS FEDERAL AND STATE GRANT FUNDS ESTABLISHED IN A R.L.F. TO PROVIDE LOANS TO BUSINESSES.
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 34-1405882
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,919,750
- Income (IRS master file)
- $263,135
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $263,135 | $156,819 | $4,919,750 | XML |
| 990 | September 2024 | $265,054 | $129,558 | $4,841,602 | XML |
| 990 | September 2023 | $258,565 | $123,956 | $4,735,379 | XML |
| 990 | September 2022 | $779,706 | $141,492 | $4,635,668 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 34-1405882).
Questions about ASHTABULA COUNTY 503 CORPORATION
- What is the EIN of ASHTABULA COUNTY 503 CORPORATION?
- The employer identification number (EIN) of ASHTABULA COUNTY 503 CORPORATION is 34-1405882.
- Is ASHTABULA COUNTY 503 CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1987.
- Are donations to ASHTABULA COUNTY 503 CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASHTABULA COUNTY 503 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 ASHTABULA COUNTY 503 CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASHTABULA COUNTY 503 CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of ASHTABULA COUNTY 503 CORPORATION?
- The 990 for the year ended September 30, 2025 names JEROME BROCKWAY.
- Who are the officers and directors of ASHTABULA COUNTY 503 CORPORATION?
- The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does ASHTABULA COUNTY 503 CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $263,135, expenses of $156,819 and total assets of $4,919,750 at year end.
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