Westerville Industry and Commerce Corpor

WESTERVILLE, OH EIN: 31-1083219

To advance, encourage and promote industrial, economic, commercial and civic development of the City of Westerville and Blendon, Sharon, Orange and Genoa Townships by such means as will improve the normal growth, employment opportunities, stability of employment in existing industry, advancement of the industrial and commercial life of the community and to stabilize the general economy of the area.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$9.9M

-2.5% YoY

Annual Giving

$291K

-0.2% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$42K

+14.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$10M20202021202220232024
Metric202420232022
Total Assets$9,941,955$10,193,036$1,235,486
Revenue$906,198$9,308,323$49,886
Expenses$676,274$350,773$135,498
Qualifying Distributions
Net Investment Income$51,995$38,773$402
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$73K$146K$219K$292K12 grants20205 grants20213 grants20228 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Life in the Ville LLC$100KLife in the Ville V LLC$88KOtterbein University$40K32 W College LLC$30KWesterville City School …$16KRotary Intl Club Westerv…$10KBudderfly Inc$7K

Grant Size Distribution

35 grants across all recorded years

28<$50K5$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Westerville Industry and Commerce Corpor fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Janet DavisChairperson1
Dennis BlairTrustee-End0.1
Andrew WinkelTrustee-Begin1
Michael SwartzTrustee1
Bruce BaileyTrustee-End0.1
Rick RanoTrustee1
Jason BechtoldTreasurer1
Monica IrelanTrustee1
Coutanya CoombsTrustee-Begin1
Monica DupeeVice Chair1
Rob RishelSecretary1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

5states

Cities

Canal WinchesteColumbusElmhurstGahannaGrand RapidsMenomonee FallsPowellSheltonWestervilleWestfield Cente

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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