Nonprofit · EIN 81-5315417
GREATER LIMA REGION INC
Tax-exempt · LIMA, OH 45801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $534,657 | $594,705 | -$60,048 | $1,494,614 | $8,701 | $1,485,913 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $519,500
- Program service revenue
- $21,000
- Investment income
- -$5,843
- Net gain from sales of assets
- -$39,967
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $317,200
- Compensation of officers, directors and key employees
- $156,862
- Other salaries and wages
- $36,000
- Salaries, compensation and benefits (total)
- $220,753
- Professional fundraising fees
- $0
- Accounting fees
- $31,390
- Travel
- $3,117
- Depreciation
- $345
- Program services (functional)
- $548,792
- Management and general (functional)
- $45,913
Balance sheet and other
- Total assets, start of year
- $1,557,688
- Total assets, end of year
- $1,494,614
- Total liabilities, end of year
- $8,701
- Net assets, end of year
- $1,485,913
- Net assets without donor restrictions
- $1,485,913
- Gross receipts
- $574,624
- Employees
- 3
- Volunteers
- 10
- Year formed
- 2017
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DOUG OLSSON PARTIAL YEAR | EXECUTIVE DIRECTOR Officer | 40 | $80,525 | $1,516 |
| DAVE STRATTON PARTIAL YEAR | EXECUTIVE DIRECTOR Officer | 40 | $71,838 | $1,516 |
| PHIL BUELL | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RONDA LEHMAN | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIKE SWICK | SECRETARY/ TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MARIA SANKO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TRACIE SANCHEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TODD SUTTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GABRIELE PACCHIAROTTI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR JANE WOOD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN HEAPHY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BARRY CLARK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 144 S MAIN ST STE 200, LIMA, OH 45801-4920
- In care of
- % JEFFREY SPRAGUE
- Principal officer (990 for 2024)
- PHIL BUELL, 144 SOUTH MAIN STREET 200, LIMA, OH 45801
- Signed the 990
- PHIL BUELL, BOARD CHAIR
- Phone
- (419) 222-7706
- Return prepared by
- REA & ASSOCIATES INC
Mission
TO WORK ACROSS BOUNDARIES TO GROW OUR REGION THROUGH BUSINESS GROWTH AND CAPITAL INVESTMENT
Program accomplishments
- THE GREATER LIMA REGION, INC HAS THE STRATEGIC FOCUS TO REDEVELOP AND REVITALIZE THE GREATER LIMA, OHIO REGION BY PROMOTING COMMUNITY AND ECONOMIC DEVELOPMENT, OVERSEEING PROJECTS AND PROGRAMS DESIGNED TO STREGTHEN AND IMPROVE THE REGION, IMPROVING THE ECONOMY OF THE REGION BY DEVELOPING, ATTRACTING, EXPANDING AND RETAINING BUSINESS, INDUSTRIAL, EDUCATIONAL, CULTURAL, CIVIC, COMMUNITY AND OTHER ENTERPRISES IN THE REGION AND ASSISTING WITH WORKFORCE DEVELOPMENT INCLUDING DEVELOPING, ATTRACTING, EXPANDING AND RETAINING JOBS FOR THE PEOPLE OF THE REGION.Expenses $548,792 · grants $317,200 · revenue $21,000
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 | Not 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
- 81-5315417
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S21)
- Assets (IRS master file)
- $1,494,614
- Income (IRS master file)
- $574,624
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $612,859 | $547,550 | $1,557,688 | IRS |
| 990 | December 2022 | $486,141 | $524,147 | $1,494,535 | 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 GREATER LIMA REGION INC
- What is the EIN of GREATER LIMA REGION INC?
- The employer identification number (EIN) of GREATER LIMA REGION INC is 81-5315417.
- Is GREATER LIMA REGION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to GREATER LIMA REGION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER LIMA REGION 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 GREATER LIMA REGION 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 GREATER LIMA REGION 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 GREATER LIMA REGION INC?
- The 990 for the year ended December 31, 2024 names PHIL BUELL.
- Who are the officers and directors of GREATER LIMA REGION INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $80,525 (DOUG OLSSON PARTIAL YEAR, EXECUTIVE DIRECTOR).
- How much revenue does GREATER LIMA REGION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $534,657, expenses of $594,705 and total assets of $1,494,614 at year end.
Other nonprofits in LIMA
- WEST OHIO COMMUNITY ACTION PARTNERSHIP EIN 34-1717109 · last filed 990 for 2025
- ALLIANCE FOR PHYSICAL THERAPY QUALITY AND INNOVATION INC EIN 81-4966028 · last filed 990 for 2025
- LIMA-ALLEN COUNTY CONVENTION & VISITORS BUREAU EIN 34-1845517 · last filed 990 for 2025
- LIMA COMMUNITY IMPROVEMENT CORPORATION EIN 88-2564263 · last filed 990 for 2025
- CELINA PRO HEALTH BUILDING CORP EIN 26-3204865 · last filed 990 for 2025
- OHIO ENERGY AND ADVANCED MANUFACTURING CENTER INC EIN 26-2521352 · last filed 990 for 2025
- DOWNTOWN LIMA INC EIN 31-1549007 · last filed 990-EZ for 2025
- LIMA-ALLEN COUNTY NEIGHBORHOODS IN PARTNERSHIP EIN 34-1773156 · last filed 990-N for 2023
All nonprofits in LIMA · Ohio · Community improvement and capacity building