Nonprofit · EIN 81-3500970
ASHLAND AREA ECONOMIC DEVELOPMENT INC
Tax-exempt · ASHLAND, OH 44805
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,557,935 | $1,530,114 | $27,821 | $232,576 | $0 | $232,576 |
| December 31, 2024 | 990 | $109,172 | $72,477 | $36,695 | $204,755 | $0 | $204,755 |
| December 31, 2023 | 990 | $125,368 | $108,479 | $16,889 | $171,031 | $2,971 | $168,060 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,553,940
- of which government grants
- $1,472,571
- Membership dues
- $26,150
- Program service revenue
- $0
- Investment income
- $3,553
- Other revenue
- $442
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,505
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $750
- Professional fundraising fees
- $0
- Accounting fees
- $700
- Travel
- $1,433
- Depreciation
- $235
- Program services (functional)
- $1,530,114
Balance sheet and other
- Total assets, start of year
- $204,755
- Total assets, end of year
- $232,576
- Total liabilities, end of year
- $0
- Net assets, end of year
- $232,576
- Net assets without donor restrictions
- $232,576
- Gross receipts
- $1,557,935
- Employees
- 0
- Year formed
- 2016
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JORDAN LANCE | SECRETARY Trustee or director, Officer | 2 | $0 |
| MATT MILLER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KEITH BOALES | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE WELCH | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| B J HARVEY | TREASURER Trustee or director, Officer | 2 | $0 |
| BEN USELTON | BOARD MEMBER Trustee or director | 2 | $0 |
| ANN WURSTER | MEMBER Trustee or director | 2 | $0 |
| CAMEO CAREY | DIRECTOR Trustee or director | 40 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JORDAN LANCE | SECRETARY Trustee or director, Officer | 2 | $0 |
| MATT MILLER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KEITH BOALES | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE WELCH | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| B J HARVEY | TREASURER Trustee or director, Officer | 2 | $0 |
| BEN USELTON | BOARD MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JORDAN LANCE | SECRETARY Trustee or director, Officer | 2 | $0 |
| MATT MILLER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| KEITH BOALES | BOARD MEMBER Trustee or director | 2 | $0 |
| MIKE WELCH | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| B J HARVEY | TREASURER Trustee or director, Officer | 2 | $0 |
| BEN USELTON | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 206 CLAREMONT AVE STE 2, ASHLAND, OH 44805-3055
- In care of
- % CAMEO CAREY
- Principal officer (990 for 2025)
- CAMEO CAREY, 206 CLAREMONT AVENUE 2ND FLOO, ASHLAND, OH 44805
- Signed the 990
- CAMEO CAREY, DIRECTOR
- Phone
- (419) 289-3200
- Return prepared by
- Baker Bowman & Co
Mission
TO ASSIST IN THE SUCCESS OF THE COMMUNITY'S EXISTING BUSINESSES, ATTRACT VIABLE COMPANIES TO GROW IN THE COMMUNITY AND TO ENHANCE THE QUALITY OF LIFE WITHIN THE COMMUNITY.
Program accomplishments
- ASSIST IN THE GROWTH OF CURRENT AND NEW BUSINESSES WITHIN THE COMMUNITY, WHILE WORKING TO ENHANCE THE QUALITY OF LIFE WITHIN THE COMMUNITY.Expenses $1,530,114
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
- 81-3500970
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $232,576
- Income (IRS master file)
- $1,557,935
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,557,935 | $1,530,114 | $232,576 | XML |
| 990 | December 2024 | $109,172 | $72,477 | $204,755 | XML |
| 990 | December 2023 | $125,368 | $108,479 | $171,031 | XML |
| 990 | December 2022 | $116,051 | $99,917 | $152,598 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ASHLAND AREA ECONOMIC DEVELOPMENT INC
- What is the EIN of ASHLAND AREA ECONOMIC DEVELOPMENT INC?
- The employer identification number (EIN) of ASHLAND AREA ECONOMIC DEVELOPMENT INC is 81-3500970.
- Is ASHLAND AREA ECONOMIC DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2018.
- Are donations to ASHLAND AREA ECONOMIC DEVELOPMENT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASHLAND AREA ECONOMIC DEVELOPMENT 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 ASHLAND AREA ECONOMIC DEVELOPMENT INC 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 ASHLAND AREA ECONOMIC DEVELOPMENT INC 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 ASHLAND AREA ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 names CAMEO CAREY.
- Who are the officers and directors of ASHLAND AREA ECONOMIC DEVELOPMENT INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does ASHLAND AREA ECONOMIC DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,557,935, expenses of $1,530,114 and total assets of $232,576 at year end.
Other nonprofits in ASHLAND
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- AMERICAN ASSOCIATION OF BOVINE PRACTITIONERS EIN 83-1055129 · last filed 990 for 2024
- ASHLAND COUNTY LAND REUTILIZATION CORPORATION EIN 82-5101083 · last filed 990-EZ for 2025
- COMMUNITY IMPROVEMENT CORPORATION OF ASHLAND OHIO EIN 23-7149820 · last filed 990 for 2025
- ASHLAND COUNTY FIRE INVESTIGATORS EIN 46-0696649 · last filed 990-N for 2023
- ASHLAND COUNTY WOMEN OF ACHIEVEMENT EIN 45-0504512 · last filed 990-N for 2025
- INTERNATIONAL ASSOCIATION OF LIONS CLUBS EIN 46-3547414 · last filed 990-N for 2025
- ASHLAND UNIVERSITY EIN 34-0714626 · last filed 990 for 2025
All nonprofits in ASHLAND · Ohio · Community improvement and capacity building