Center City Development Corporation
Center City Development Corporation is a public charity based in Richmond, Indiana. Formed in 1987, it supports downtown Richmond revitalization through loans, consulting on improvements, and special events intended to increase foot traffic.
Center City Development Corporation at a glance
- Total assets
- $475,365
- +0.9% vs 2024
- Revenue (2025)
- $129,727
- +58.6% vs 2024
- Expenses (2025)
- $122,720
- +13.8% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Center City Development Corporation
- Contact
Mailing address: 814 East Main Street, Richmond, IN 47374
Phone: (765) 962-8151
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Center City Development Corporation funds
Geographic Focus
Where this funder awards grants
The organization’s stated work focuses on downtown Richmond, Indiana.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 25 grants totaling $241K.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $475,365 | $129,727 | $122,720 | — | — | — |
| 2024 | $471,155 | $81,791 | $107,798 | — | — | — |
| 2023 | $501,827 | $150,900 | $246,976 | — | — | — |
| 2022 | $602,956 | $68,923 | $254,809 | — | — | $677 |
| 2021 | $647,449 | $224,026 | $141,973 | — | — | $187 |
| 2020 | $464,179 | $327,936 | $385,349 | $241,000 | 25 | $154 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s stated mission is to promote the revitalization of downtown Richmond through loans, consulting on improvements, and special events to increase foot traffic.
Grantmaking
The 2023, 2024, and 2025 filings each report a grant count of zero.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Cathy Hillard as president, Dakota Collins as vice president, Ed Delapaz as secretary, and Valerie Shaffer as treasurer. It also lists Sharon Harlin-Davis, Jerry Purcell, Bridget Hazelbaker, Chad Bolser, and Tracie Robinson as directors.
Center City Development Corporation is led by Cathy Hillard, President since 2024 (on filings since 2020); none of the 9 officers listed in 2025 report compensation.
Officers on the 2025 filing
Cathy Hillard
President
Director → Vice President, 2021
Vice President → President, 2024
On filings since 2020
3 hrs/week
No compensation reported
Jerry Purcell
Director
On filings since 2020
1 hr/week
No compensation reported
Bridget Hazelbaker
Director
On filings since 2021
1 hr/week
No compensation reported
Sharon Harlin-Davis
Director
On filings since 2022
1 hr/week
No compensation reported
Chad Bolser
Director
New on the 2025 filing
1 hr/week
No compensation reported
Tracie Robinson
Director
New on the 2025 filing
1 hr/week
No compensation reported
Ed Delapaz
Secretary
Director → Secretary, 2022
On filings since 2020
3 hrs/week
No compensation reported
Dakota Collins
Vice President
Director → Vice President, 2024
On filings since 2021
3 hrs/week
No compensation reported
Valerie Shaffer
Treasurer
New on the 2025 filing
3 hrs/week
No compensation reported
Former officers (17)
- Former: Renee Doty (2020–2024) — Director
- Former: Brad Wilson (2021–2024) — Treasurer
- Former: Beth Newton (2024) — Executive Director
- Former: Elizabeth Newton (2020–2023) — Executive Director
- Former: Stasia Veramallay (2020–2023) — Director
- Former: Dave Inderstrodt (2020–2022) — Director
- Former: Shelley Miller (2020–2022) — Director
- Former: Doug Marcias (2021–2022) — Director
- Former: Jeffrey Cappa (2020–2021) — Director
- Former: Michael Gaddis (2020–2021) — Director
- Former: Michael Swain (2020–2021) — Secretary
- Former: Mike Gibbs (2020–2021) — Director
- Former: Sharrie Harlin (2020–2021) — Director
- Former: Claudia Kelley (2020) — Past Executive Di
- Former: Kim Poinsett (2020) — Director
- Former: Melissa Vance (2020) — Vice President
- Former: Tammy Ullery (2020) — Secretary
Data from IRS Form 990 filings, 2020–2025. "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 Center City Development Corporation
How large is Center City Development Corporation?
Center City Development Corporation reported $475K in total assets on its 2025 IRS Form 990. Its revenue that year was $130K.
What does Center City Development Corporation fund?
The organization’s stated mission is to promote the revitalization of downtown Richmond through loans, consulting on improvements, and special events to increase foot traffic. See mission & focus areas ↑
How do I apply for a grant from Center City Development Corporation?
Center City Development Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
Where does Center City Development Corporation make grants?
The organization’s stated work focuses on downtown Richmond, Indiana.
What is Center City Development Corporation's EIN?
Center City Development Corporation's EIN (Employer Identification Number) is 31-1210665. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 13, 2021)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
Live grants for the work Center City Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Center City Development Corporation's focus areas in our free grants database
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Center City Development Corporation down — hundreds of funders to go?