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Nonprofit · EIN 35-2090277

ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC

Tax-exempt · FORT WAYNE, IN 46802

Financials

$377K$106K2023$4.9M$266K2024
Revenue Expenses · by fiscal year end
Financials of ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,936,978$265,968$4,671,010$118,503,391$1,873,098$116,630,293
December 31, 2023990$376,806$106,085$270,721$113,932,337$1,972,050$111,960,287
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,936,976
Investment income
$2
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$27,044
Accounting fees
$143,020
Depreciation
$20,000
Program services (functional)
$233,557
Management and general (functional)
$32,411

Balance sheet and other

Total assets, start of year
$113,932,337
Total assets, end of year
$118,503,391
Total liabilities, end of year
$1,873,098
Net assets, end of year
$116,630,293
Net assets without donor restrictions
$116,630,293
Gross receipts
$4,936,978
Employees
0
Volunteers
14
Year formed
2011
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
Kylee ShireySecretary
Trustee or director, Officer
1$0
Mike ErlerVice President
Trustee or director, Officer
1$0
Robert S WaltersPresident
Trustee or director, Officer
2$0
Charles HeinyDirector
Trustee or director
1$0
Damian GosheffDirector
Trustee or director
1$0
Ellen CutterDirector
Trustee or director
1$0
Heather Presley-CowanDirector
Trustee or director
1$0
Karl BandemerDirector
Trustee or director
1$0
Mike CahillDirector
Trustee or director
1$0
Richard BeckDirector
Trustee or director
1$0
Tim SmithDirector
Trustee or director
1$0
Susan WesnerTreasurer
Officer
3$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Kylee ShireySecretary
Trustee or director, Officer
1$0
Mike ErlerVice President
Trustee or director, Officer
1$0
Robert S WaltersPresident
Trustee or director, Officer
2$0
Charles HeinyDirector
Trustee or director
1$0
Damian GosheffDirector
Trustee or director
1$0
Ellen CutterDirector
Trustee or director
1$0
Heather Presley-CowanDirector
Trustee or director
1$0
Karl BandemerDirector
Trustee or director
1$0
Mike CahillDirector
Trustee or director
1$0
Richard BeckDirector
Trustee or director
1$0
Tim SmithDirector
Trustee or director
1$0
Susan WesnerTreasurer
Officer
2$0

Address and contacts

Address (IRS master file)
200 E MAIN ST STE 800, FORT WAYNE, IN 46802-1900
In care of
% SUSAN WESNER
Mailing address (990-N for 2012)
111 West Wayne Street, Fort Wayne IN 46802
Principal officer (990 for 2024)
ROBERT S WALTERS, 200 EAST MAIN STREET STE 800, FORT WAYNE, IN 46802
Principal officer (990-N for 2012)
Maclyn Parker, 111 West Wayne Street, Fort Wayne IN 46802
Signed the 990
ROBERT S WALTERS, OFFICER
Phone
(260) 420-6945
Return prepared by
Forvis Mazars LLP

Mission

TO ADVANCE CURRENT AND FUTURE REVITALIZATION WITHIN THE ALLEN COUNTY-FORT WAYNE AREA, BY FACILITATING REAL ESTATE ACQUISITION, REDEVELOPMENT, REHABILITATION, AND/OR CONSTRUCTION IN PROJECTS OF STRATEGIC SIGNIFICANCE THAT PROMOTE NEW ECONOMIC DEVELOPMENT OR REDEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • IN 2024, THE ALLEN-COUNTY-FORT WAYNE DEVELOPMENT TRUST (TRUST) BEGAN NEGOTIATIONS WITH THE PRIMARY DEVELOPMENT GROUP, THE MODEL GROUP, CINCINNATI OHIO, FOR PHASE III OF THE LANDING, COMMONLY KNOWN AS THE LANDING EXCHANGE. THE TRUST CONTINUED LAND BANKING REAL ESTATE AT THE FORMER LINK'S WONDERLAND SITE FIELDING MULTIPLE OFFERS FOR REDEVELOPMENT OF THAT PROPERTY. THE TRUST REVIEWED PHASE II OF ELECTRIC WORKS AS THE DEVELOPER SHARED THE AFFORDABLE HOUSING COMPONENT. THE TRUST CONTINUED ITS INVOLVEMENT WITH THE ONGOING CONSTRUCTION OF THE ELEX WHICH INCLUDES 297 RESIDENTIAL HOUSING UNITS, 55 RESERVED FOR SENIORS, AND A PARKING GARAGE.
    Expenses $233,557 · revenue $4,936,976

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
35-2090277
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$118,503,391
Income (IRS master file)
$4,936,978

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,936,978$265,968$118,503,391XML
990-TDecember 2024–––IRS
990December 2023$376,806$106,085$113,932,337XML
990-TDecember 2023–––IRS
990December 2022$25,744,288$102,755$113,715,549IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990-N for 2012
Officer: Maclyn Parker
December 31, 2012≤ $50,000 receipts––e-Postcard

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 35-2090277).

Questions about ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC

What is the EIN of ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC?
The employer identification number (EIN) of ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC is 35-2090277.
Is ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC 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 ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC 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 ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC 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 ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC?
The 990 for the year ended December 31, 2024 names ROBERT S WALTERS.
Who are the officers and directors of ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does ALLEN COUNTY FORT WAYNE DEVELOPMENT TRUST INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,936,978, expenses of $265,968 and total assets of $118,503,391 at year end.

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