Public Charity

AREA DEVELOPMENT FOUNDATION INC

Based in MOUNT VERNON, OH, AREA DEVELOPMENT FOUNDATION INC operates as a Public Charity. The organization reported $813K in revenue, $529K in expenses, $2.6M in total assets for fiscal year 2025. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $197K.

EIN: 316041648 MOUNT VERNON, OH Latest filing: 2025
Total Revenue$813K
Total Expenses$529K
Total Assets$2.6M
Grant Records5
Funding Total$197K
Filing Years2021–2025

Mission

PROMOTING AND ASSISTING INDUSTRIAL AND COMMERCIAL DEVELOPMENTS IN THE MOUNT VERNON AND KNOX COUNTY AREA.

Officers & Directors

VICE CHAIR Bill Buckley
MEMBER Bill Hanna
MEMBER Brian Huprich
Chairman Bruce White
MEMBER AT LARGE Gary Chapman
MEMBER AT LARGE Gordon Yance

Officer compensation and complete director data available with membership.

Top Grant Purposes

Personnel Support
$160,000 4 grants
Downtown Exp Coord.
$36,575 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $813K $529K $2.6M
2024 $1.2M $649K $2.1M
2023 $565K $478K $1.5M
2022 $708K $488K $1.4M
2021 $433K $301K $1.3M

Between 2021 and 2025, reported annual revenue grew from $433K to $813K (+88%), with total assets most recently reported at $2.6M.

Interactive year-over-year charts and full filing details available with membership.

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