Area Development Foundation Inc
Promoting and assisting industrial and commercial developments in the mount vernon and Knox county area.
Area Development Foundation Inc at a glance
- Total assets
- $2,580,742
- +21.1% vs 2024
- Revenue (2025)
- $813,146
- -31.0% vs 2024
- Net investment income (2025)
- $118,399
- +260.6% vs 2024
- Expenses (2025)
- $529,342
- -18.4% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
Who Area Development Foundation Inc funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2020, annual grant giving ranged from $15K (2019) to $15K (2020). In 2020 it reported $15K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Ready to take the next step with Area Development Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $2,580,742 | $813,146 | $529,342 | — | — | $118,399 |
| 2024 | $2,131,003 | $1,177,947 | $648,739 | — | — | $32,831 |
| 2023 | $1,514,405 | $565,367 | $477,672 | — | — | $47,840 |
| 2022 | $1,436,880 | $707,783 | $487,544 | — | — | $17,194 |
| 2021 | $1,330,053 | $433,152 | $300,580 | — | — | $24,113 |
| 2020 | $1,067,203 | $348,324 | $269,794 | $15,000 | Total only | $25,382 |
| 2019 | $952,771 | $367,445 | $359,852 | $15,000 | 1 | $34,756 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Area Development Foundation Inc
Based on IRS filings
Area Development Foundation Inc is a public charity, based in Mount Vernon, OH. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $2.6M in total assets. Net investment income was $118K.
Leadership & Key People
Officers and directors from IRS filings
Area Development Foundation Inc is led by Bruce White, Chairman since 2024 (on filings since 2019); none of the 15 officers listed in 2025 report compensation.
Officers on the 2025 filing
Bruce White
Chairman
Member at Large → Member, 2023
Member → Chairman, 2024
On filings since 2019
1 hr/week
No compensation reported
Gordon Yance
Member at Large
On filings since 2019
No compensation reported
Mark Ramser
Treasurer
On filings since 2019
5 hrs/week
No compensation reported
Ryan Shoemaker
Member
Member at Large → Member, 2023
On filings since 2019
No compensation reported
Teresa Bemiller
Member
Member at Large → Member, 2023
On filings since 2019
No compensation reported
Matt Starr
Member
Memebr at Large → Vice Chair, 2023
Vice Chair → Member, 2024
On filings since 2020
No compensation reported
Bill Buckley
Vice Chair
Member → Vice Chair, 2024
On filings since 2021
1 hr/week
No compensation reported
Greg Sands
Member
On filings since 2021
No compensation reported
Bill Hanna
Member
On filings since 2022
No compensation reported
Brian Huprich
Member
On filings since 2022
No compensation reported
Matt Wushinske
Member at Large
Member → Member at Large, 2023
On filings since 2022
No compensation reported
Michele Englebach
Member
On filings since 2022
No compensation reported
Gary Chapman
Member at Large
On filings since 2024
No compensation reported
Mark Hiner
Member at Large
On filings since 2024
No compensation reported
Todd Hawkins
Member at Large
On filings since 2024
No compensation reported
Former officers (19)
- Former: Adam Garn (2019–2023) — Chairman
- Former: Darrell Kick (2022–2023) — Member at Large
- Former: Jeffrey Gottke (2020–2022) — President
- Former: Jim Buchwald (2019–2021) — Member at Large
- Former: Renee McDaniel (2019–2021) — Member at Large
- Former: Rick Carfagna (2019–2021) — Member at Large
- Former: Vickie Sant (2019–2021) — Vice Chair
- Former: David Stuller (2020–2021) — Member at Large
- Former: Mitch Durbin (2020–2021) — Member at Large
- Former: Bruce Hawkins (2019–2020) — Member at Large
- Former: Clint Bailey (2019–2020) — Chairman
- Former: Joan Jones (2019–2020) — Member at Large
- Former: Korey Kidwell (2019–2020) — Secretary
- Former: Terry Divelbiss (2019–2020) — Member at Large
- Former: Dave Beck (2019) — Member at Large
- Former: Jeffry Harris (2019) — President
- Former: Paul Prater (2019) — Member at Large
- Former: Richard Hamlin (2019) — Member at Large
- Former: Richard Mavis (2019) — Memebr at Large
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Area Development Foundation Inc
How large is Area Development Foundation Inc?
Area Development Foundation Inc reported $2.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $813K.
Where does Area Development Foundation Inc operate?
Area Development Foundation Inc has awarded grants in Ohio.
What is Area Development Foundation Inc's EIN?
Area Development Foundation Inc's EIN (Employer Identification Number) is 31-6041648. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS May 7, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS May 10, 2021)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
Other open foundation grants in Ohio
Ohio Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Area Development Foundation Inc's focus areas in our free grants database
Similar Funders
Similar funders in Ohio
Ohio Child Care Resource and Referral Association
Columbus, OH
OCCRRA funds Ohio organizations serving child care, early learning, and youth development, including through program-specific stabilization and access grants. Its 2025 grants ranged from $6,960 to $50,970, with a median of $30,060. Organizations apply for assistance and are reviewed against program criteria; unsolicited requests are not addressed in the information provided.
Assets
$6.3M
Grants
4
Total Given
$118K
Columbus Foundation
Columbus, OH
The Columbus Foundation supports a broad range of nonprofit work, including arts, education, health, basic needs, neighborhoods, and capacity building, primarily in central Ohio. Its 2024 grants had a median of $21,471, though amounts varied widely. Most grants are directed by donors and aren’t made through an application process, but some specific programs accept applications.
Assets
$2.8B
Grants
1,747
Total Given
$242.7M
The Greater Cincinnati Foundation
Cincinnati, OH
The Greater Cincinnati Foundation funds nonprofits working on education, housing, community and cultural vibrancy, and related regional needs, with responsive grants focused on its eight-county Greater Cincinnati service area. Its 2024 median grant was $20,000, though amounts vary widely; specific opportunities include awards of up to $35,000 for Resilient Communities and up to $450,000 through the Neighborhood Development Fund. It lists RFP and letter-of-intent opportunities but does not state whether it accepts unsolicited requests.
Assets
$1.0B
Grants
1,408
Total Given
$184.4M
The Cleveland Foundation
Cleveland, OH
The Cleveland Foundation funds education, human services, neighborhoods and housing, health, arts and culture, the environment, economic development, and other community priorities, primarily through grants to nonprofits in Cuyahoga, Lake and Geauga counties. Its 2024 grants ranged from about $5,000 to $17.5 million, with a median of about $30,700. It accepts applications year-round through its standard grant process, with deadlines determining which cycle an application enters.
Assets
$3.3B
Grants
1,016
Total Given
$184.2M
The Scripps Howard Foundation
Cincinnati, OH
The foundation supports journalism education and related programs that foster informed, engaged communities, including journalism fellowships and environmental and technology-focused journalism initiatives. In 2024, grants ranged from $25 to $675,706, with a median of $1,250; funding was concentrated in Maryland and Washington, D.C., followed by Arizona, Ohio, and Colorado. The profile does not state whether it accepts unsolicited requests.
Assets
$69.4M
Grants
819
Total Given
$7.4M
Nisource Charitable Foundation
Columbus, OH
The NiSource Charitable Foundation supports nonprofits addressing safety, workforce and economic development, environmental stewardship, STEM and energy education, and basic needs in communities across Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and Virginia. Its 2024 grants ranged from $60 to $2.1 million, with a median of $3,000. The filing directs applicants to contact the Foundation for application materials and deadlines; it does not state whether unsolicited requests are accepted.
Assets
$43.0M
Grants
683
Total Given
$7.5M
More similar funders
More Funders in Ohio
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Area Development Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Area Development Foundation Inc down — hundreds of funders to go?