PUTNAM COUNTY COMMUNITY IMPROVEMENT CORP

EIN: 341469726 501(c)(3) Community Improvement

OTTAWA, OH

Total Revenue
$391,222
Total Expenses
$371,713
Total Assets
$566,620
Net Assets
$566,620
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
OH
Principal Officer
JEFF VANCE
Phone
4195235595
Tax Period
2024-01-01 to 2024-12-31

PUTNAM COUNTY COMMUNITY IMPROVEMENT CORP, founded in 1984, is a small nonprofit in the Community Improvement sector that reported $391K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $372K left a modest 5% surplus.

Mission

TO ADVANCE, ENCOURAGE, AND PROMOTE THE INDUSTRIAL ECONOMIC, COMMERCIAL, AND CIVIC DEVELOPMENTS OF PUTNAM COUNTY BY ACTING AS THE DESIGNATED AGENCY OF PUTNAM COUNTY FOR THE INDUSTRIAL, COMMERCIAL, DISTRIBUTION, AND RESEARCH DEVELOPMENT IN SUCH POLITICAL SUBDIVISION IN ACCORDANCE WITH SECTION 1724 10, REVISED CODE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,900
Program Service Revenue $235,223
Investment Income $21,512
Other Revenue $55,587
TOTAL REVENUE $391,222

Expense Breakdown

Grants Paid $0
Salaries & Benefits $159,917
Fundraising Expenses $0
Program Expenses $267,017
Other Expenses $211,796
TOTAL EXPENSES $371,713

Year-over-Year Comparison

2024 2023 Change
Revenue $391,222 $543,982 -0.3%
Expenses $371,713 $520,743 -0.3%
Net Income $19,509 $23,239 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
3
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN GERDEMAN TRUSTEE N/A
Director
$0 $0 $0
DAVE HEITMEYER TRUSTEE N/A
Director
$0 $0 $0
KEVIN LAMMON TRUSTEE N/A
Director
$0 $0 $0
JOE LAUDICK TRUSTEE N/A
Director
$0 $0 $0
DOUG MANGAS TRUSTEE N/A
Director
$0 $0 $0
DICK MCCOULLOUGH TRUSTEE N/A
Director
$0 $0 $0
MATT MILLER TRUSTEE N/A
Director
$0 $0 $0
RICK MORRISON TRUSTEE N/A
Director
$0 $0 $0
ROGER NIESE TRUSTEE N/A
Director
$0 $0 $0
BARRY ROSEBROCK TRUSTEE N/A
Director
$0 $0 $0
JIM RUSSELL TRUSTEE N/A
Director
$0 $0 $0
DICK SCHULTE TRUSTEE N/A
Director
$0 $0 $0
KENNETH WRIGHT TRUSTEE N/A
Director
$0 $0 $0
KEVIN BELLMAN VICE PRESIDE N/A
Officer
$0 $0 $0
SANDRA ROLLER TREASURER N/A
Officer
$0 $0 $0
JEFF VANCE PRESIDENT N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $391,222 $371,713 $566,620 $19,509
2023 $543,982 $520,743 $550,539 $23,239
2022 $356,302 $324,223 $524,187 $32,079
2021 $507,626 $443,856 $491,793 $63,770
2020 $290,778 $281,720 $428,023 $9,058
2019 $621,425 $547,248 $418,965 $74,177
2018 $272,985 $218,258 $344,788 $54,727
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