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Nonprofit · EIN 34-1585365

BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION

Tax-exempt · BOWLING GREEN, OH 43402

Financials

$171K$113K2023$1.7M$177K2024
Revenue Expenses · by fiscal year end
Financials of BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,703,517$177,461$1,526,056$3,965,545$406,929$3,558,616
December 31, 2023990$170,614$113,098$57,516$2,024,448$692$2,023,756
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$158,583
of which government grants
$93,000
Membership dues
$65,583
Program service revenue
$19,234
Investment income
$1,505,872
Net rental income
$11,067
Net gain from sales of assets
$1,489,361
Other revenue
$19,828

Expenses

Grants and similar amounts paid
$28,038
Compensation of officers, directors and key employees
$12,462
Other salaries and wages
$24,851
Salaries, compensation and benefits (total)
$40,486
Professional fundraising fees
$0
Legal fees
$600
Accounting fees
$3,206
Occupancy
$19,173
Travel
$844
Program services (functional)
$177,461

Balance sheet and other

Total assets, start of year
$2,024,448
Total assets, end of year
$3,965,545
Total liabilities, end of year
$406,929
Net assets, end of year
$3,558,616
Land, buildings and equipment
$674,237
Gross receipts
$2,111,550
Employees
2
Volunteers
63
Year formed
1988
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
CRAIG ZIMMERLYINDUSTRIAL REP AT LARGE
Trustee or director
0.5$0
PHIL SIMMONSBOARD REP AT LARGE
Trustee or director
2$0
TROY SONNERBOARD REP AT LARGE
Trustee or director
0.5$0
LORI TRETTERCITY REP
Trustee or director
0.5$0
BRAD LEIGHBOARD REP AT LARGE
Trustee or director
0.5$0
KATI M THOMPSONEXECUTIVE DIRECTOR
Trustee or director, Key employee
10$0
BEN OTLEYPAST PRESIDENT
Trustee or director, Officer
2$0
NATE SPITLERSECTREASURER
Trustee or director, Officer
2$0
MIKE RYWALSKIPRESIDENT
Trustee or director, Officer
2$0
ANDY NEWLOVE1ST VP
Trustee or director, Officer
0.5$0
NATE BERNATH2ND VP
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
KATI M THOMPSONEXECUTIVE DIRECTOR
Trustee or director, Key employee
10$13,692
TROY SONNERBOARD REP AT LARGE
Trustee or director
0.5$0
PHIL SIMMONSBOARD REP AT LARGE
Trustee or director
2$0
BRAD LEIGHBOARD REP AT LARGE
Trustee or director
0.5$0
LORI TRETTERCITY REP
Trustee or director
0.5$0
TRAVIS REIFFINDUSTRIAL REP AT LARGE
Trustee or director
0.5$0
TODD FERRELLPAST PRESIDENT
Trustee or director, Officer
2$0
BEN OTLEYPRESIDENT
Trustee or director, Officer
2$0
NATE SPITLERSECTREASURER
Trustee or director, Officer
2$0
MIKE RYWALSKI1ST VICE PRESIDENT
Trustee or director, Officer
2$0
ANDY NEWLOVE2ND VP
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
248 S MAIN ST, BOWLING GREEN, OH 43402-3025
In care of
% KATI THOMPSON
Signed the 990
KATI THOMPSON, DIRECTOR
Phone
(419) 353-3591
Return prepared by
Kress & Company LLC

Mission

PROMOTE THE ECONOMIC WELFARE OF THE BOWLING GREEN, OHIO COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • ATTRACT NEW BUSINESSES AND RETAIN OR EXPAND EXISTING BUSINESSES BY FACILITATING NEGOTIATIONS FOR TAX INCENTIVES, IMPROVEMENTS,ALLOWANCES AND LOCATING SUITABLE BUSINESS LOCATIONS.
    Expenses $140,092 · revenue $30,989
  • ADMINISTER THE DISCRETIONARY ASSISTANCE FUND, REVOLVING LOAN FUND AND ENERGY EFFICIENCY REVOLVING LOAN FUND. THESE FUNDS ARE AVAILABLE TO NEW AND EXISTING BUSINESSES THAT MEET THE CRITERIA SET UP FOR EACH OF THE FINANCIAL ASSISTANCE PROGRAMS. FUNDS ARE USED FOR ASSISTING AND DEVELOPING LOCAL INDUSTRY BY AIDING IN PROJECTS THAT CREATE AND RETAIN PRIVATE SECTOR JOB OPPORTUNITIES OR IMPORVE A FACILITIES ENERGY EFFICIENCY IN TERMS OF ELECTRICAL CONSUMPTION
    Expenses $28,038 · grants $28,038 · revenue $19,234
  • DIVERSIFY THE ECONOMY OF THE BOWLING GREEN, OHIO AREA BY SETTING ASIDE LAND IN A BUSINESS PARK TO ATTRACT THE CONSTRUCTION OF NEW FACILITIES IN THE BOWLING GREEN AREA.
    Expenses $9,331 · revenue $1,494,711

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
34-1585365
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,965,545
Income (IRS master file)
$2,111,550

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,703,517$177,461$3,965,545XML
990December 2023$170,614$113,098$2,024,448XML
990December 2022$406,946$250,356$2,048,966IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 34-1585365).

Questions about BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION

What is the EIN of BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION is 34-1585365.
Is BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1991.
Are donations to BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION 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 BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION 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 BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does BOWLING GREEN COMMUNITY DEVELOPMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,703,517, expenses of $177,461 and total assets of $3,965,545 at year end.

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