Mission
ORGANIZATION EXISTS TO ADVANCE, ENCOURAGE, AND PROMOTE INDUSTRIAL AND COMMERICAL DEVELOPMENT IN THE CITY OF POWELL.
Public Charity
POWELL DEVELOPMENT CORPORATION
Based in POWELL, OH, POWELL DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $830K in revenue, $782K in expenses, $1.7M in total assets for fiscal year 2025. Imperigo tracks 37 reported grants from this foundation totaling approximately $1.0M.
EIN: 272904588
POWELL, OH
Community Improvement & Capacity Building N.E.C.
NTEE: S99
Latest filing: 2025
Total Revenue$830K
Total Expenses$782K
Total Assets$1.7M
Grants Given37
Grant Total$1.0M
Filing Years2021–2025
Where $100 goes at Powell Development Corporation
How Powell Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$99
Programs
the work itself
$1
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 $99 for programs
$50
The organization enters into agreements with private business in order to bring jobs to the city of Powell
$49
Internet & phone expenses, insurance premiums
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.
Before you apply to Powell Development Corporation
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
CSD POWELL LLC
BUSINESS DEVELOPMENT
$376,000
NOCTERRA BREWING COMPANY LLC
BUSINESS DEVELOPMENT
$73,855
KIMBERLY'S DIAMOND CORNER LLC
BUSINESS DEVELOPMENT
$18,187
CSD POWELL RG LLC
BUSINESS DEVELOPMENT
$18,000
SUN RESTAURANT INC
BUSINESS DEVELOPMENT
$12,500
Showing up to 5 of 37 total records — full history available with membership.
Officers & Directors
SECRETARY
Andrew White
CHAIRMAN
Jim Hrivnak
TREASURER
Nicole Scott
MAYOR
Tom Counts
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $830K | $782K | $1.7M |
| 2024 | $877K | $609K | $1.9M |
| 2023 | $678K | $93K | $1.9M |
| 2022 | $361K | $57K | $471K |
| 2021 | $28K | $99K | $167K |
Between 2021 and 2025, reported annual revenue grew from $28K to $830K (+2920%), with total assets most recently reported at $1.7M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in OH.
OH
Full geographic grant map with state-by-state breakdown available with membership.