EIN 34-1585365

Bowling Green Community Development Foundation

IRS 501(c) type
501(c)(6)
Num. employees
2
State
Year formed
1988
Most recent tax filings
2022-12-01
Description
The Bowling Green Community Development Foundation promotes the economic welfare of the community in Bowling Green, OH. It administers various financial assistance programs such as the discretionary assistance fund, revolving loan fund and energy efficiency revolving loan fund to new and existing businesses that meet specific criteria. Additionally, the foundation helps attract new businesses and retain or expand existing ones by negotiating tax incentives, improvement allowances and finding suitable business locations.
Total revenues
$406,946
2022
Total expenses
$250,356
2022
Total assets
$2,048,966
2022
Num. employees
2
2022

Program areas at Bowling Green Community Development Foundation

Attract new businesses and retain or expand existing businesses by facilitating negotiations for tax incentives, improvements,allowances and locating suitable business locations.
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
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.

Personnel at Bowling Green Community Development Foundation

NameTitleCompensation
Kati M ThompsonDirector$90,846
Mike RywalskiSecond Vice President / Vice President / Board Rep at Large$0
Todd FerrellFirst Vice President / Board Rep at Large$0
Nate SpitlerSecretary Treasurer / Secretary and Treasurer$0
Phil SimmonsPast President / Past President / Second Vice President / Board Rep at Large$0
...and 4 more key personnel

Financials for Bowling Green Community Development Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$254,732
Program services$28,139
Investment income and dividends$1,267
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$8,332
Net gain from sale of non-inventory assets$111,729
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,747
Total revenues$406,946

Form 990s for Bowling Green Community Development Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-11990View PDF
2019-122020-10-14990View PDF
2018-122020-02-07990View PDF
...and 9 more Form 990s

Organizations like Bowling Green Community Development Foundation

OrganizationLocationRevenue
Woodward Industrial FoundationWoodward, OK$443,311
Charles City Area Development CorporationCharles City, IA$247,131
The Development AssociationSuperior, WI$267,440
Iowa Falls Industrial Develop CorporationIowa Falls, IA$152,956
Choose DupageDowners Grove, IL$844,834
Huntington Beach Downtown Business Improvement DistrictHuntington Beach, CA$490,249
Downtown ManhattanManhattan, KS$233,786
Downtown DuluthDuluth, MN$1,006,809
Great River Economic Dev FoundationQuincy, IL$325,942
Union County First / Union County Industrial Foundation IncMorganfield, KY$158,045
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 5 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government funding
General information
Address
217 S Church St
Bowling Green, OH 43402
Metro area
Toledo, OH
Website URL
bowlinggreen-oh.com/ 
Phone
(419) 353-3591
IRS details
EIN
34-1585365
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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