Nonprofit · EIN 88-2564263
LIMA COMMUNITY IMPROVEMENT CORPORATION
Tax-exempt · LIMA, OH 45801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $724,888 | $77,405 | $647,483 | $1,502,684 | $570 | $1,502,114 |
| December 31, 2024 | 990 | $900,000 | $91,792 | $808,208 | $856,827 | $2,892 | $853,935 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $750,000
- of which government grants
- $750,000
- Program service revenue
- $0
- Investment income
- $0
- Net income from sales of inventory
- -$25,112
- Other revenue
- -$25,112
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $36,840
- Salaries, compensation and benefits (total)
- $43,126
- Professional fundraising fees
- $0
- Legal fees
- $15,437
- Accounting fees
- $2,724
- Occupancy
- $2,679
- Program services (functional)
- $57,103
- Management and general (functional)
- $20,302
Balance sheet and other
- Total assets, start of year
- $856,827
- Total assets, end of year
- $1,502,684
- Total liabilities, end of year
- $570
- Net assets, end of year
- $1,502,114
- Net assets without donor restrictions
- $1,502,114
- Gross receipts
- $870,169
- Employees
- 1
- Year formed
- 2022
- 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 |
|---|---|---|---|
| Jamie Dixon | Trustee Trustee or director | 1 | $0 |
| Jermaine Harper | Trustee Trustee or director | 1 | $0 |
| Frank Kohlhofer | Trustee Trustee or director | 1 | $0 |
| Ian Kohli | Trustee Trustee or director | 1 | $0 |
| Gwendolen Lane-Harvey | Trustee Trustee or director | 1 | $0 |
| Jed Metzger | Trustee Trustee or director | 1 | $0 |
| David Ross | Trustee Trustee or director | 1 | $0 |
| Carmilla Zion | Trustee Trustee or director | 1 | $0 |
| Meri Foster | Secretary/Treas Officer | 1 | $0 |
| Gary McPheron | Vice President Officer | 1 | $0 |
| Sharetta Smith | President Officer | 1 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jamie Dixon | Trustee Trustee or director | 1 | $0 |
| Jermaine Harper | Trustee Trustee or director | 1 | $0 |
| Frank Kohlhofer | Trustee Trustee or director | 1 | $0 |
| Ian Kohli | Trustee Trustee or director | 1 | $0 |
| Gwendolen Lane-Harvey | Trustee Trustee or director | 1 | $0 |
| Jed Metzger | Trustee Trustee or director | 1 | $0 |
| David Ross | Trustee Trustee or director | 1 | $0 |
| Carmilla Zion | Trustee Trustee or director | 1 | $0 |
| Meri Foster | Secretary/Treas Officer | 1 | $0 |
| Gary McPheron | Vice President Officer | 1 | $0 |
| Sharetta Smith | President Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 50 TOWN SQ, LIMA, OH 45801-4948
- In care of
- % SUSAN CROTTY
- Mailing address (990-N for 2023)
- 50 Town Square, Lima OH 45801
- Principal officer (990 for 2025)
- Meri Foster, 50 Town Square, Lima, OH 45801
- Principal officer (990-N for 2023)
- Meri Foster, 50 Town Square, Lima OH 45801
- Signed the 990
- Meri Foster, Secretary/Treas
- Phone
- (419) 998-5568
- Return prepared by
- ES Evans and Company
Mission
Promoting economic development and community investment in the City of Lima in order to enhance the overall quality of life in the city and make Lima an attractive place to live, work, and play. To revitalize neighborhoods primarily for the benefit of low to moderate-income households through housing, community, and economic development.
Program accomplishments
- Promoting economic development and revitalizing neighborhoods in the City of Lima.Expenses $57,103
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-N on file |
IRS record
- EIN
- 88-2564263
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S01)
- Assets (IRS master file)
- $1,502,684
- Income (IRS master file)
- $870,169
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $724,888 | $77,405 | $1,502,684 | XML |
| 990 | December 2024 | $900,000 | $91,792 | $856,827 | XML |
| 990-N for 2023 Officer: Meri Foster | December 31, 2023 | ≤ $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 88-2564263).
Questions about LIMA COMMUNITY IMPROVEMENT CORPORATION
- What is the EIN of LIMA COMMUNITY IMPROVEMENT CORPORATION?
- The employer identification number (EIN) of LIMA COMMUNITY IMPROVEMENT CORPORATION is 88-2564263.
- Is LIMA COMMUNITY IMPROVEMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to LIMA COMMUNITY IMPROVEMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIMA COMMUNITY IMPROVEMENT 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 LIMA COMMUNITY IMPROVEMENT CORPORATION 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 LIMA COMMUNITY IMPROVEMENT CORPORATION 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 LIMA COMMUNITY IMPROVEMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names Meri Foster.
- Who are the officers and directors of LIMA COMMUNITY IMPROVEMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does LIMA COMMUNITY IMPROVEMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $724,888, expenses of $77,405 and total assets of $1,502,684 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
- CELINA PRO HEALTH BUILDING CORP EIN 26-3204865 · last filed 990 for 2025
- GREATER LIMA REGION INC EIN 81-5315417 · last filed 990 for 2024
- 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
- AVA RAY FOUNDATION EIN 88-4400993 · last filed 990-N for 2024
All nonprofits in LIMA · Ohio · Community improvement and capacity building