Fayette County Industrial Development Corporation

Connersville, IN
Tax exemption issued: April 1990
EIN: 35-1700892

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Urban, Community Economic Development (NTEE)

Donations to this organization are tax deductible.

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. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Revenue

$238,882

Expenses

$285,165

Net Income

-$46,283

Net Assets

$3,410,684

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$195,000	81.6%
Program Services	$0
Investment Income	$48,420	20.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$32,736
Net Fundraising	$0
Sales of Assets	$8,991	3.8%
Net Inventory Sales	$0
Other Revenue	$19,207	8.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$131,069	46.0%

Assets/Debt
Total Assets	$3,418,059
Total Liabilities	$7,375
Net Assets	$3,410,684

Compensation

Key Employees and Officers	Compensation	Related	Other
Tom Debaun (Director)	$0	$0	$0
Jeremy Duncan (Director)	$0	$0	$0
Chad Frank (Director)	$0	$0	$0
Georgia Green (Secretary)	$0	$0	$0
Hannah Hedgespeth (Director)	$0	$0	$0
Derrick Mathews (Treasurer)	$0	$0	$0
Diana Phillips (Vice Preside)	$0	$0	$0
Kay Riker-peyton (Director)	$0	$0	$0
Jim Spence (Director)	$0	$0	$0
Dale Strong (Director)	$0	$0	$0
Jason Troutwine (Director)	$0	$0	$0
Richie Ware (President)	$0	$0	$0

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990

Filed on Aug. 21, 2026

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2024

Revenue

$284,009

Expenses

$257,109

Net Income

$26,900

Net Assets

$3,456,967

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$98,000	34.5%
Program Services	$0
Investment Income	$46,783	16.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$16,684	5.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$122,542	43.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,465,280
Total Liabilities	$8,313
Net Assets	$3,456,967

Compensation

Key Employees and Officers	Compensation	Related	Other
Richie Ware (President)	$0	$0	$0
Hannah Hedgsepeth (Vice President)	$0	$0	$0
Derrick Mathews (Treasurer)	$0	$0	$0
Georgia Green (Secretary)	$0	$0	$0
Chad Frank (Director)	$0	$0	$0
Kylie Foster (Director)	$0	$0	$0
Jason Troutwine (Director)	$0	$0	$0
Dale Strong (Director)	$0	$0	$0
Jim Spence (Director)	$0	$0	$0
Sharon Cranfill (Director)	$0	$0	$0
Jeremy Duncan (Director)	$0	$0	$0
Diana Phillips (Director)	$0	$0	$0

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990

Filed on July 7, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2023

Revenue

$374,996

Expenses

$501,663

Net Income

-$126,667

Net Assets

$3,430,067

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$338,750	90.3%
Program Services	$0
Investment Income	$10,127	2.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$25,319	6.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$800	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,435,997
Total Liabilities	$5,930
Net Assets	$3,430,067

Compensation

Key Employees and Officers	Compensation	Related	Other
Richie Ware (President)	$0	$0	$0
Hannah Hedgsepeth (Vice President)	$0	$0	$0
Derrick Mathews (Treasurer)	$0	$0	$0
Georgia Green (Secretary)	$0	$0	$0
Chad Frank (Director)	$0	$0	$0
Kylie Foster (Director)	$0	$0	$0
Craig Kinyon (Director)	$0	$0	$0
Dale Strong (Director)	$0	$0	$0
Jim Spence (Director)	$0	$0	$0
Scott Bevington (Director)	$0	$0	$0
Jeremy Duncan (Director)	$0	$0	$0
Pete Shaw (Director)	$0	$0	$0
Diana Phillips (Director)	$0	$0	$0

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990

Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$147,597

Expenses

$268,042

Net Income

-$120,445

Net Assets

$3,556,734

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$101,250	68.6%
Program Services	$0
Investment Income	$7,928	5.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$27,880	18.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$10,539	7.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$120,272	44.9%

Assets/Debt
Total Assets	$3,562,789
Total Liabilities	$6,055
Net Assets	$3,556,734

Compensation

Key Employees and Officers	Compensation	Related	Other
Richie Ware (President)	$0	$0	$0
Hannah Hedgsepeth (Vice President)	$0	$0	$0
Derrick Mathews (Treasurer)	$0	$0	$0
Georgia Green (Secretary)	$0	$0	$0
Chad Frank (Director)	$0	$0	$0
Chip Orben (Director)	$0	$0	$0
Craig Kinyon (Director)	$0	$0	$0
Dale Strong (Director)	$0	$0	$0
Jim Spence (Director)	$0	$0	$0
Scott Bevington (Director)	$0	$0	$0
Scott Collins (Director)	$0	$0	$0
Pete Shaw (Director)	$0	$0	$0

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990

Filed on Nov. 10, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$352,780

Expenses

$553,239

Net Income

-$200,459

Net Assets

$3,677,179

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$385,428	> 100%
Program Services	$0
Investment Income	$20,239	5.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$56,565
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,678	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$134,687	24.3%

Assets/Debt
Total Assets	$3,687,831
Total Liabilities	$10,652
Net Assets	$3,677,179

Compensation

Key Employees and Officers	Compensation	Related	Other
Richie Ware (President)	$0	$0	$0
Hannah Hedgepeth (Vice President)	$0	$0	$0
Derrick Mathews (Treasurer)	$0	$0	$0
Georgia Green (Secretary)	$0	$0	$0
Chad Frank (Director)	$0	$0	$0
Chip Orben (Director)	$0	$0	$0
Craig Kinyon (Director)	$0	$0	$0
Dale Strong (Director)	$0	$0	$0
Jim Spence (Director)	$0	$0	$0
Tommy Williams Jr (Director)	$0	$0	$0
Mike Wenta (Director)	$0	$0	$0
Pete Shaw (Director)	$0	$0	$0
Scott Collins (Director)	$0	$0	$0

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990

Filed on Nov. 10, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

-$3,082,532

Expenses

$863,008

Net Income

-$3,945,540

Net Assets

$3,877,638

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$611,491
Program Services	$0
Investment Income	$6,816
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$139,952
Net Fundraising	$0
Sales of Assets	-$3,845,801
Net Inventory Sales	$0
Other Revenue	$5,010

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$136,545	15.8%

Assets/Debt
Total Assets	$4,144,546
Total Liabilities	$266,908
Net Assets	$3,877,638

Compensation

Key Employees and Officers	Compensation	Related	Other
Richie Ware (President)	$0	$0	$0
Hannah Hedgepeth (Vice President)	$0	$0	$0
Derrick Mathews (Treasurer)	$0	$0	$0
Georgia Green (Secretary)	$0	$0	$0
Chad Frank (Director)	$0	$0	$0
Chip Orben (Director)	$0	$0	$0
Craig Kinyon (Director)	$0	$0	$0
Dale Strong (Director)	$0	$0	$0
Gertrud Whitaker (Director)	$0	$0	$0
Jim Spence (Director)	$0	$0	$0
Tommy Williams Jr (Director)	$0	$0	$0
Mike Wenta (Director)	$0	$0	$0
Pete Shaw (Director)	$0	$0	$0
Scott Collins (Director)	$0	$0	$0

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990

Filed on Sept. 23, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$255,163

Expenses

$432,216

Net Income

-$177,053

Net Assets

$7,823,178

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$180,715	70.8%
Program Services	$0
Investment Income	$3,788	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$60,528	23.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$10,132	4.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$107,088	24.8%

Assets/Debt
Total Assets	$7,940,799
Total Liabilities	$117,621
Net Assets	$7,823,178

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Revenue

$171,734

Expenses

$341,862

Net Income

-$170,128

Net Assets

$8,000,231

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$140,143	81.6%
Program Services	$0
Investment Income	$5,352	3.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$23,579	13.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,660	1.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$103,712	30.3%

Assets/Debt
Total Assets	$8,028,660
Total Liabilities	$28,429
Net Assets	$8,000,231

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2017

Revenue

$176,227

Expenses

$324,698

Net Income

-$148,471

Net Assets

$8,170,359

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$128,012	72.6%
Program Services	$50	0.0%
Investment Income	$5,888	3.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$17,273	9.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$25,004	14.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$97,680	30.1%

Assets/Debt
Total Assets	$8,183,287
Total Liabilities	$12,928
Net Assets	$8,170,359

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Dec.
2016

Revenue

$7,726,880

Expenses

$356,771

Net Income

$7,370,109

Net Assets

$8,318,830

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,692,590	99.6%
Program Services	$715	0.0%
Investment Income	$4,878	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	-$35,849
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$64,546	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$88,960	24.9%

Assets/Debt
Total Assets	$8,331,213
Total Liabilities	$12,383
Net Assets	$8,318,830

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$297,858

Expenses

$390,700

Net Income

-$92,842

Net Assets

$948,721

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$287,797	96.6%
Program Services	$0
Investment Income	$6,819	2.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,680	0.6%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,562	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$97,399	24.9%

Assets/Debt
Total Assets	$1,000,689
Total Liabilities	$51,968
Net Assets	$948,721

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$145,539

Expenses

$263,002

Net Income

-$117,463

Net Assets

$1,041,563

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$134,333	92.3%
Program Services	$0
Investment Income	$7,500	5.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$1,632	1.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,074	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$89,569	34.1%

Assets/Debt
Total Assets	$1,110,667
Total Liabilities	$69,104
Net Assets	$1,041,563

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$229,800

Expenses

$133,208

Net Income

$96,592

Net Assets

$1,159,026

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$144,223	62.8%
Program Services	$20	0.0%
Investment Income	$9,382	4.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,639	1.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$73,536	32.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$31,752	23.8%

Assets/Debt
Total Assets	$1,161,914
Total Liabilities	$2,888
Net Assets	$1,159,026

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$251,006

Expenses

$170,345

Net Income

$80,661

Net Assets

$1,062,434

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$233,200	92.9%
Program Services	$20	0.0%
Investment Income	$4,997	2.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,639	1.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$10,150	4.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$32,363	19.0%

Assets/Debt
Total Assets	$1,103,686
Total Liabilities	$41,252
Net Assets	$1,062,434

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$268,474

Expenses

$282,926

Net Income

-$14,452

Net Assets

$981,773

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$243,946	90.9%
Program Services	$220	0.1%
Investment Income	$7,606	2.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,746	1.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$13,956	5.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$18,581	6.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$59,900	21.2%

Assets/Debt
Total Assets	$984,996
Total Liabilities	$3,223
Net Assets	$981,773

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$310,089

Expenses

$249,699

Net Income

$60,390

Net Assets

$996,225

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$292,785	94.4%
Program Services	$110	0.0%
Investment Income	$8,331	2.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$2,687	0.9%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$6,176	2.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$75,683	30.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$71,960	28.8%

Assets/Debt
Total Assets	$1,004,277
Total Liabilities	$8,052
Net Assets	$996,225

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

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited 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.

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Fayette County Industrial Development Corporation

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2025

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Fiscal Year Ending Dec.
2025

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001