Mission
TO FURTHER ECONOMIC DEVELOPMENT,PRINCIPALLY WITHIN ANY AND ALL COUNTIES LOCATED IN NORTH CENTRAL INDIANA AND SOUTHWEST MICHIGAN.
Public Charity
BUSINESS DEVELOPMENT CORPORATION
Based in SOUTH BEND, IN, BUSINESS DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $1.0M in revenue, $672K in expenses, $6.5M in total assets for fiscal year 2024. Imperigo tracks 12 reported grants from this foundation totaling approximately $112K.
EIN: 351548607
SOUTH BEND, IN
Latest filing: 2024
Total Revenue$1.0M
Total Expenses$672K
Total Assets$6.5M
Grants Given12
Grant Total$112K
Filing Years2020–2024
Sample Grants Given
OTHERS
$7,500
THE CENTER FOR GROWTH & INDEPENDENC
PASSENGER VAN
$10,000
SPEED RACKS
$10,000
LAYMEN CHAPEL CME CHURCH
FOUNDATION REPAIRS
$10,000
MODERNIZE ELEVATOR
$10,000
Showing up to 5 of 12 total records — full history available with membership.
Officers & Directors
DIRECTOR
Alan Steele
DIRECTOR
Bryan Olund
PRESIDENT
Carrie Kosac
PRESIDENT/CO
Elizabeth J Wittling
DIRECTOR
Heather Obermeyer
DIRECTOR
Jill Scicchitano
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.0M | $672K | $6.5M |
| 2023 | $888K | $620K | $6.0M |
| 2022 | $816K | $699K | $4.8M |
| 2021 | $872K | $612K | $5.1M |
| 2020 | $952K | $576K | $4.7M |
Between 2020 and 2024, reported annual revenue grew from $952K to $1.0M (+5%), with total assets most recently reported at $6.5M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in IN, MI.
INMI
Full geographic grant map with state-by-state breakdown available with membership.