Mount Vernon Development Company Inc

MOUNT VERNON, OH EIN: 47-5380096

Community Improvement & Capacity Building

Mount Vernon Development Company Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MOUNT VERNON, OH. IRS filing data is available for 2020. In 2020, it awarded 5 grants totaling $5.7M.

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$5.7M

Grant Count

Avg Grant Size

$1.1M

About Mount Vernon Development Company Inc

Based on IRS filings

Focus Areas

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $5.7M (100%)

States

Ohio

Cities

GambierMount Vernon

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2020
Total Assets	—
Revenue	$22,143
Expenses	$5,851,981
Qualifying Distributions	—
Net Investment Income	—
Distributable Amount	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2020

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest include Kenyon College ($2,066,206), Knox County Foundation ($1,343,931), Mount Vernon Nazarene University ($1,163,453).

Recipient	Purpose	Amount
KNOX COUNTY FOUNDATION MOUNT VERNON, OH	TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION	$255,750
MOUNT VERNON NAZARENE UNIVERSITY MOUNT VERNON, OH	TO ADDRESS NEEDS OF EMPLOYEES AND OTHER ASSOCIATED PARTIES OF THE NON-PROFIT ORGANIZAITON	$1,163,453
KNOX COMMUNITY HOSPITAL MOUNT VERNON, OH	TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION	$909,353
KENYON COLLEGE GAMBIER, OH	TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION	$2,066,206
KNOX COUNTY FOUNDATION MOUNT VERNON, OH	TO ADDRESS COMMUNITY ECONOMIC DEVELOPMENT STRATEGIES IN MOUNT VERNON, OHIO CONSISTENT WITH THE MISSION OF THE ORGANIZATION	$1,343,931

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

Name	Title	Hours	Compensation
KIM ROSE	PRESIDENT	3	—
JODI PURSEL	SECRETARY	1	—
KURT SCHISLER	TREASURER	1	—
MARK R RAMSER	VICE PRESIDENT	1	—
JENNIFER ODENWELLER	DIRECTOR	5	—

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is Mount Vernon Development Company Inc?

Mount Vernon Development Company Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MOUNT VERNON, OH. It holds — in total assets as of 2020.

Where does Mount Vernon Development Company Inc operate?

Mount Vernon Development Company Inc has awarded grants in Ohio.

What size grants does Mount Vernon Development Company Inc award?

In 2020, Mount Vernon Development Company Inc awarded 5 grants totaling $5.7M — an average of about $1.1M per grant, based on its IRS Form 990 filings.

What is Mount Vernon Development Company Inc's EIN?

Mount Vernon Development Company Inc's EIN (Employer Identification Number) is 47-5380096. IRS Form 990 filing data is available on this page for 2020.