Public Charity

MIDDLETOWN AREA DEVELOPMENT ENTERPRISES

MIDDLETOWN AREA DEVELOPMENT ENTERPRISES, of MIDDLETOWN, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $18K in revenue, $449 in expenses, $599K in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $6K.

EIN: 316040364 MIDDLETOWN, OH Latest filing: 2025
Total Revenue$18K
Total Expenses$449
Total Assets$599K
Grants Given1
Grant Total$6K
Filing Years2021–2025

Mission

THE ORGANIZATION HOLDS INDUSTRIAL LAND TO SELL IN ORDER TO PROMOTE GROWTH & DEVELOPMENT IN THE MIDDLETOWN AREA

Officers & Directors

INDIVIDUAL TRUSTEE Bob Lafkas
VICE PRESIDENT Chris Bergs
INDIVIDUAL TRUSTEE Jacob Schulte
PRESIDENT Ken Cohen
INDIVIDUAL TRUSTEE Mike Stautberg
TREASURER Rick Pearce

Officer compensation and complete director data available with membership.

Top Grant Purposes

MIDDLETOWN CAMPUS AVIONICS
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $18K $449 $599K
2024 $23K $300 $582K
2023 $16K $362 $559K
2022 $2K $300 $543K
2021 $34K $397 $542K

Between 2021 and 2025, reported annual revenue declined from $34K to $18K (-46%), with total assets most recently reported at $599K.

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.

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