Bowling Green Community Development Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341585365 ✦ Bowling green, OH ✦ Designated as a 501(c)(6)

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Overview

What is Bowling Green Community Development Foundation?

The Bowling Green Community Development Foundation, located at 217 S Church Street, Bowling Green, Ohio 43402, is a dedicated nonprofit organization with a mission to foster the economic well-being of its community. Their primary role involves attracting and retaining businesses, as well as facilitating their expansion, by negotiating for financial incentives, improvements, allowances, and assisting in the selection of suitable business locations. With a small team of two employees, this foundation plays a significant role in promoting economic growth and development in Bowling Green, Ohio.


Official website here: www.bowlinggreen-oh.com

Is Bowling Green Community Development Foundation legitimate?

Bowling Green Community Development Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Bowling Green Community Development Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $90,846
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,910

For more financial information, click here


Official website here: www.bowlinggreen-oh.com

What is the mission statement of Bowling Green Community Development Foundation?

The Bowling Green Community Development Foundation's mission is centered around enhancing the economic well-being of its community. In pursuit of this goal, the foundation works actively to attract new businesses, as well as retain and expand existing ones. This is achieved through facilitating negotiations for beneficial tax incentives, improvements, and allowances. Furthermore, the foundation plays a role in identifying suitable business locations within the community.


Official website here: www.bowlinggreen-oh.com

Who is the CEO of Bowling Green Community Development Foundation?

Kati M Thompson is the Executive Director of Bowling Green Community Development Foundation.


Official website here: www.bowlinggreen-oh.com

What is the revenue of Bowling Green Community Development Foundation?

Bowling Green Community Development Foundation's revenue in 2022 was $406,946.


Official website here: www.bowlinggreen-oh.com

Who are the executives of Bowling Green Community Development Foundation and what are their salaries?

The average compensation at Bowling Green Community Development Foundation during 2022 was $55,878. There are 2 employees and 60 volunteers at Bowling Green Community Development Foundation.


Here are 11 key members and their salaries:


Kati M Thompson (Executive Director)
  • Compensation: $90,846
  • Related: $0
  • Other: $0
Lori Tretter (City Rep)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Newlove (Board Rep At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Sonner (Board Rep At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Green (Board Rep At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Reiff (Industrial Rep At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Ferrell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Spitler (Sectreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Otley (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Simmons (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Rywalski (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bowlinggreen-oh.com

Where can I find the form 990 for Bowling Green Community Development Foundation?

Bowling Green Community Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bowlinggreen-oh.com

Learn more at the official website: www.bowlinggreen-oh.com

Mission Statement of Bowling Green Community Development Foundation

The Bowling Green Community Development Foundation is committed to enhancing the economic well-being of its community in Bowling Green, Ohio. To achieve this, the organization focuses on attracting new businesses, retaining existing ones, and encouraging expansion by facilitating negotiations for incentives, improvements, allowances, and identifying suitable business locations. This proactive approach aims to stimulate economic growth and development within the community, ultimately contributing to its overall prosperity.

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Impact




October, 2024

The Bowling Green Community Development Foundation significantly impacts the economic welfare of Bowling Green, Ohio, by attracting new businesses and supporting the growth of existing ones. By facilitating negotiations for tax incentives and financial allowances, the foundation creates a favorable environment for businesses to thrive. Additionally, it plays a crucial role in finding suitable locations for businesses, which fosters community improvement and economic development. Through these efforts, the foundation contributes to the overall prosperity and sustainability of the Bowling Green community.




This information is meant to be a general summary of Bowling Green Community Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$406,946 (2022)
Expenses
$250,356 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $112,996
  • Program Service Revenue: $28,139
  • Gross Receipts: $465,518

Assets and Liabilities:

  • Total Assets: $2,048,966
  • Total Liabilities: $58,458
  • Net Assets: $1,990,508

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GRANT REPAYMENT

Revenue

$28,139

Organization Details

Founding Year

1988

Principal Officer

Kati M Thompson

Main Address

217 S CHURCH STREET, BOWLING GREEN, OH, 43402

NTEE Category

Code: S31 - Community improvement

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