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Fayette County Industrial

Public charity · Grantmaker Connersville, IN EIN: 35-1700892 Website

FAYETTE COUNTY INDUSTRIAL is a public charity based in Connersville, Indiana. Formed in 1986, it supports economic development in Connersville and Fayette County through land and property development and operation intended to create jobs. Its 2025 filing describes work assisting businesses in the industrial park and elsewhere in the county.

Key facts about Fayette County Industrial

EIN
35-1700892
Latest 990 filing
Form 990, 2025
Total assets
$3,418,059

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$3.4M

-1.4% YoY

Revenue

$239K

-15.9% YoY

Net Investment Income

$57K

+22.7% YoY

Expenses

$285K

+10.9% YoY

How Fayette County Industrial gives

  • Giving fell 59% from 2020 to 2023. Method

From the foundation's IRS Form 990 filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is to procure, develop, and operate land and properties to create job opportunities and foster the economic development of Connersville and Fayette County. Its filing describes activities focused on job growth for unemployed and economically disadvantaged people through local manufacturing expansion, as well as assistance to businesses in the industrial park and throughout the county.

Grantmaking

The 2023 filing reports $201,876 in grants across 21 grants, an average of approximately $9,613 per grant. The 2024 and 2025 filings report no grants. No grantee names or individual grant amounts are provided in the available information.

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Geographic Focus

Where this funder awards grants

The stated mission names Connersville and Fayette County, Indiana. The filing also describes assistance to businesses in the industrial park and throughout the county.

Grant Distribution by State

1state

States

Cities

ConnersvilleMuncieEvansville

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K27 grants202021 grants20211 grants202221 grants20230 grants20240 grants2025

From 2020 to 2023, annual grant giving ranged from $15K (2022) to $493K (2020). In 2023 it made 21 grants totaling $202K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

43 grants across all recorded years

43<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 43 grants of 43 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $3,418,059 $238,882 $285,165 0
2024 $3,465,280 $284,009 $257,109 0
2023 $3,435,997 $374,996 $501,663 $201,876 across 21 grants
Revenue
Expenses
Net Investment Income
$0$250K$500K$750K$1M202020212022202320242025
Metric202520242023
Total Assets$3,418,059$3,465,280$3,435,997
Revenue$238,882$284,009$374,996
Expenses$285,165$257,109$501,663
Net Investment Income$57,411$46,783$10,127

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS August 21, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Tom DeBaun, Jeremy Duncan, Chad Frank, Hannah Hedgespeth, Kay Riker-Peyton, Jim Spence, and Dale Strong as directors; Georgia Green as secretary; Derrick Mathews as treasurer; and Diana Phillips as vice president.

Fayette County Industrial is led by Richie Ware, President on every filing since 2020; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richie Ware

    President

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Chad Frank

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Dale Strong

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jim Spence

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Jeremy Duncan

    Director

    On filings since 2023

    5 hrs/week

    No compensation reported

  • Jason Troutwine

    Director

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Hannah Hedgespeth

    Director

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Kay Riker-Peyton

    Director

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Tom Debaun

    Director

    New on the 2025 filing

    5 hrs/week

    No compensation reported

  • Derrick Mathews

    Treasurer

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Georgia Green

    Secretary

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Diana Phillips

    Vice President

    Director → Vice President, 2025

    On filings since 2023

    10 hrs/week

    No compensation reported

Former officers (11)
  • Former: Hannah Hedgsepeth (2020–2024) — Vice President
  • Former: Kylie Foster (2023–2024) — Director
  • Former: Sharon Cranfill (2024) — Director
  • Former: Craig Kinyon (2020–2023) — Director
  • Former: Pete Shaw (2020–2023) — Director
  • Former: Scott Bevington (2022–2023) — Director
  • Former: Chip Orben (2020–2022) — Director
  • Former: Scott Collins (2020–2022) — Director
  • Former: Mike Wenta (2020–2021) — Director
  • Former: Tommy Williams Jr. (2020–2021) — Director
  • Former: Gertrud Whitaker (2020) — Director

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.

Contact

Mailing address: 410 N Central Ave, Connersville, IN 47331
Phone: (765) 827-1366
Website: https://edgconnersville.com

Frequently asked questions about Fayette County Industrial

How large is Fayette County Industrial?

Fayette County Industrial reported $3.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $239K.

What does Fayette County Industrial fund?

The organization’s stated mission is to procure, develop, and operate land and properties to create job opportunities and foster the economic development of Connersville and Fayette County. See mission & focus areas ↑

How do I apply for a grant from Fayette County Industrial?

The 2023 filing reports $201,876 in grants across 21 grants, an average of approximately $9,613 per grant. The 2024 and 2025 filings report no grants. No grantee names or individual grant amounts are provided in the available information.

Where does Fayette County Industrial make grants?

The stated mission names Connersville and Fayette County, Indiana. The filing also describes assistance to businesses in the industrial park and throughout the county.

What is Fayette County Industrial's EIN?

Fayette County Industrial's EIN (Employer Identification Number) is 35-1700892. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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