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Fostoria Economic Development Corp

Organization summary

Type of Nonprofit

Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$443k (2023)

Expenses
$399k (2023)

Total Assets
$306k (2023)

Total Liabilities
$130k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$443,302
Expenses
$399,484
Net Income
$43,818
Net Assets
$176,546
Notable Sources of Revenue Percent of Total Revenue
Contributions $330,169
74.5%
Program Services $110,982
25.0%
Investment Income $1,070
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,081
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $185,500
46.4%
Professional Fundraising Fees $0
Other Salaries and Wages $135,544
33.9%
Assets/Debt
Total Assets $306,392
Total Liabilities $129,846
Net Assets $176,546
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $185,500 $0 $0
Mark Baker (At Large) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
Leonard Clouse (At Large) $0 $0 $0
Eric Keckler (At Large) $0 $0 $0
Don Mennel (City Council) $0 $0 $0
Ford Mennel (Imm Past Cha) $0 $0 $0
Bridgett Mundy (At Large) $0 $0 $0
Brook Piper (At Large) $0 $0 $0
Tom Reineke (Chairman) $0 $0 $0
John Schuld (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$294,702
Expenses
$360,028
Net Income
-$65,326
Net Assets
$130,891
Notable Sources of Revenue Percent of Total Revenue
Contributions $182,099
61.8%
Program Services $86,198
29.2%
Investment Income $405
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,000
8.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,000
36.1%
Professional Fundraising Fees $0
Other Salaries and Wages $141,850
39.4%
Assets/Debt
Total Assets $259,506
Total Liabilities $128,615
Net Assets $130,891
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $130,000 $0 $0
Mark Baker (At Large) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
Leonard Clouse (At Large) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Don Mennel (City Council) $0 $0 $0
Ford Mennel (Imm Past Cha) $0 $0 $0
Bridgett Mundy (At Large) $0 $0 $0
Brook Piper (At Large) $0 $0 $0
Tom Reineke (Chairman) $0 $0 $0
John Schuld (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$256,572
Expenses
$253,651
Net Income
$2,921
Net Assets
$196,216
Notable Sources of Revenue Percent of Total Revenue
Contributions $132,705
51.7%
Program Services $87,667
34.2%
Investment Income $200
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $36,000
14.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $98,430
38.8%
Professional Fundraising Fees $0
Other Salaries and Wages $80,075
31.6%
Assets/Debt
Total Assets $335,981
Total Liabilities $139,765
Net Assets $196,216
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $98,430 $0 $0
Mark Baker (At Large) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
Leonard Clouse (At Large) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Ford Mennel (Chairman) $0 $0 $0
Bridgett Mundy (Imm. Past Ch) $0 $0 $0
Brook Piper (At Large) $0 $0 $0
Tom Reineke (At Large) $0 $0 $0
John Schuld (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$262,649
Expenses
$261,818
Net Income
$831
Net Assets
$193,295
Notable Sources of Revenue Percent of Total Revenue
Contributions $159,219
60.6%
Program Services $72,482
27.6%
Investment Income $241
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,707
11.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $93,000
35.5%
Professional Fundraising Fees $0
Other Salaries and Wages $98,042
37.4%
Assets/Debt
Total Assets $330,414
Total Liabilities $137,119
Net Assets $193,295
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $93,000 $0 $0
Mark Baker (At Large) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
Leonard Clouse (At Large) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Ford Mennel (Chairman) $0 $0 $0
Bridgett Mundy (Imm. Past Ch) $0 $0 $0
Brook Piper (At Large) $0 $0 $0
Tom Reineke (At Large) $0 $0 $0
John Schuld (Vice Chair) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$288,871
Expenses
$273,197
Net Income
$15,674
Net Assets
$194,140
Notable Sources of Revenue Percent of Total Revenue
Contributions $205,587
71.2%
Program Services $82,771
28.7%
Investment Income $513
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $95,000
34.8%
Professional Fundraising Fees $0
Other Salaries and Wages $89,834
32.9%
Assets/Debt
Total Assets $208,550
Total Liabilities $14,410
Net Assets $194,140
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $95,000 $0 $0
Tom Borer (Secretary) $0 $0 $0
Brian Shaver Brian Shaver (City Council) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
Leonard Clouse (At Large) $0 $0 $0
Catherine Hinds (At Large) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Les Lipski (At Large) $0 $0 $0
Ford Mennel (Chairman) $0 $0 $0
Donald Miller (At Large) $0 $0 $0
Bridgett Mundy (Imm. Past Ch) $0 $0 $0
Tom Reineke (Vice Chairma) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$221,512
Expenses
$218,919
Net Income
$2,593
Net Assets
$178,465
Notable Sources of Revenue Percent of Total Revenue
Contributions $135,818
61.3%
Program Services $85,368
38.5%
Investment Income $326
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $90,000
41.1%
Professional Fundraising Fees $0
Other Salaries and Wages $55,000
25.1%
Assets/Debt
Total Assets $189,546
Total Liabilities $11,081
Net Assets $178,465
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $90,000 $0 $0
Ford Mennel (Chairman) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Les Lipski (At Large) $0 $0 $0
Bridgett Mundy (Imm. Past Ch) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Brian Shaver Brian Shaver (City Council) $0 $0 $0
Tom Reineke (Vice Chairma) $0 $0 $0
Donald Miller (At Large) $0 $0 $0
Leonard Clouse (At Large) $0 $0 $0
Catherine Hinds (At Large) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$183,218
Expenses
$188,863
Net Income
-$5,645
Net Assets
$175,871
Notable Sources of Revenue Percent of Total Revenue
Contributions $98,081
53.5%
Program Services $84,906
46.3%
Investment Income $231
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $85,500
45.3%
Professional Fundraising Fees $0
Other Salaries and Wages $45,000
23.8%
Assets/Debt
Total Assets $188,727
Total Liabilities $12,856
Net Assets $175,871
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $85,500 $0 $0
Ford Mennel (Vice Chairma) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Les Lipski (At Large) $0 $0 $0
Bridgett Mundy (Chairman) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
John Schuld (At Large) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Brian Shaver Brian Shaver (City Council) $0 $0 $0
Christopher Iannantuono (Immediate Pa) $0 $0 $0
Tom Reineke (At Large) $0 $0 $0
Rick Ernest (At Large) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$339,836
Expenses
$392,790
Net Income
-$52,954
Net Assets
$181,517
Notable Sources of Revenue Percent of Total Revenue
Contributions $110,662
32.6%
Program Services $67,866
20.0%
Investment Income $126
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $161,182
47.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $73,800
18.8%
Professional Fundraising Fees $0
Other Salaries and Wages $55,317
14.1%
Assets/Debt
Total Assets $187,894
Total Liabilities $6,377
Net Assets $181,517
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $73,800 $0 $0
Ford Mennel (Vice Chairma) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Les Lipski (At Large) $0 $0 $0
Bridgett Mundy (Chairman) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
John Schuld (At Large) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Brian Shaver Brian Shaver (City Council) $0 $0 $0
Christopher Iannantuono (Immediate Pa) $0 $0 $0
Tom Reineke (At Large) $0 $0 $0
Rick Ernest (At Large) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$163,758
Expenses
$144,123
Net Income
$19,635
Net Assets
$234,467
Notable Sources of Revenue Percent of Total Revenue
Contributions $94,861
57.9%
Program Services $68,779
42.0%
Investment Income $118
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $91,668
63.6%
Assets/Debt
Total Assets $236,286
Total Liabilities $1,819
Net Assets $234,467
Compensation
Key Employees and Officers Compensation Related Other
Renee Smith (President) $69,385 $0 $0
Les Lipski (At Large) $0 $0 $0
John Schuld (At Large) $0 $0 $0
Tom Reineke (At Large) $0 $0 $0
Rick Ernest (At Large) $0 $0 $0
Ford Mennel (Vice Chairma) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Bridgett Mundy (Chairman) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Brian Shaver Brian Shaver (City Council) $0 $0 $0
Christopher Iannantuono (Immediate Pa) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$154,253
Expenses
$173,923
Net Income
-$19,670
Net Assets
$214,832
Notable Sources of Revenue Percent of Total Revenue
Contributions $76,100
49.3%
Program Services $78,032
50.6%
Investment Income $121
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $84,249
48.4%
Assets/Debt
Total Assets $216,759
Total Liabilities $1,927
Net Assets $214,832
Compensation
Key Employees and Officers Compensation Related Other
Les Lipski (At Large) $0 $0 $0
Ford Mennel (At Large) $0 $0 $0
Eric Keckler (Mayor Of Fos) $0 $0 $0
Bridgett Mundy (Vice Chairma) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
John Schuld (At Large) $0 $0 $0
Tom Borer (Secretary) $0 $0 $0
Brian Shaver Brian Shaver (City Council) $0 $0 $0
Christopher Iannantuono (Chairman) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$169,023
Expenses
$175,491
Net Income
-$6,468
Net Assets
$234,610
Notable Sources of Revenue Percent of Total Revenue
Contributions $43,875
26.0%
Program Services $125,014
74.0%
Investment Income $134
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $74,719
42.6%
Assets/Debt
Total Assets $234,950
Total Liabilities $340
Net Assets $234,610
Compensation
Key Employees and Officers Compensation Related Other
David Whitta (Chairman) $0 $0 $0
Eric Keckler (Mayor) $0 $0 $0
Thomas Reineke (Immediate Pa) $0 $0 $0
Bridgett Mundy (At Large) $0 $0 $0
Ronald L Burns (Treasurer) $0 $0 $0
Dan Schatzinger (At Large) $0 $0 $0
Ken Swint (Secretary) $0 $0 $0
Teresa Lee Teresa Lee (City Council) $0 $0 $0
Christopher Iannantuono (Vice Chairma) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$161,127
Expenses
$199,611
Net Income
-$38,484
Net Assets
$250,678
Notable Sources of Revenue Percent of Total Revenue
Contributions $42,563
26.4%
Program Services $118,381
73.5%
Investment Income $183
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $77,742
38.9%
Assets/Debt
Total Assets $252,022
Total Liabilities $1,344
Net Assets $250,678

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$160,847
Expenses
$152,756
Net Income
$8,091
Net Assets
$289,578
Notable Sources of Revenue Percent of Total Revenue
Contributions $71,744
44.6%
Program Services $0
Investment Income $407
0.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $294,027
Total Liabilities $4,449
Net Assets $289,578

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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