Vandalia Development Corporation

Nonprofit profile at a glance

EIN
263152093
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Vandalia, OH, USA
Phone
9378985891
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$100,837
Expenses
$37,488
Assets
$286,575

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • AMBER AIVALOTIS WEAVER (TREASURER)
  • ROB CRON (CITY REPRESE)
  • BILL HIBNER (CHAIRPERSON)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Prevention, renewal, rehabilitation of deteriorating or declining property within the city of vandalia, Ohio by purchas, ownership, development, re- development or management of property located fully or partially within the city of vandalia, Ohio

What it reported doing in 2025

Prevention, renewal, rehabilitation of deteriorating or declining property located within the city of vandalia, Ohio by purchase, ownership, development re-development or management of the property.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 82
  • Sustainability: 81
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.3%; rating input score 35
  • Program expense ratio: 93.4%; rating input score 93

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 62.8%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 7.64; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -9.1% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -2% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 35.3% of revenue deployed · 93.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $35K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.