Mission
ENCOURAGE LOCAL DEVELOPMENT
Public Charity
ELWOOD COMMUNITY DEVELOPMENT CORPORATION
ELWOOD COMMUNITY DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in ELWOOD, IN. Its most recent IRS filing (2025) reports revenue of $192K, expenses of $101K, total assets of $1.5M.
EIN: 201700622
ELWOOD, IN
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$192K
Total Expenses$101K
Total Assets$1.5M
Grant Records0
Filing Years2020–2025
Where $100 goes at Elwood Community Development Corporation
How Elwood Community Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$37
Programs
the work itself
$63
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $37 for programs
$13
Donated over $18,000 to local sports, local public programs, local park, local law enforcement, and other local causes to support various local efforts in the community and to…
$12
Worked with local government agencies to encourage sale/rent of real estate around downtown and local golf course; supported other local activities
$12
Maintained new website for various local agencies, including city, library, and schools to be managed in a professional, civic manner
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
VICE PRESIDENT
Corey May
PRESIDENT
John Burnette
EXECUTIVE DIRECTOR
Marcia Fry
SECRETARY
Tom Austin
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $192K | $101K | $1.5M |
| 2024 | $211K | $67K | $1.4M |
| 2023 | $213K | $79K | $1.3M |
| 2022 | $48K | $387K | $1.4M |
| 2020 | $543K | $73K | $1.8M |
Between 2020 and 2025, reported annual revenue declined from $543K to $192K (-65%), with total assets most recently reported at $1.5M.
Interactive year-over-year charts and full filing details available with membership.