Civic Intelligence

Bexley Community Improvement Corporation

EIN 46-3662675 • 501(c)3 • Bexley, OH

Profile

The cic is the city of bexley's agent for industrial and commercial distributions and research development. Thepurpose of the cic is to advance, encourage, and promote industrial, economic, commercial and civic developmentof the city of bexley.

2242 East Main StreetBexley, OH 43209

bexley.org/COMMUNITY-IMPROVEMENT-CORPORAT

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.37x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

3.96x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

47th percentile

3.3%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

28th percentile

-1.5%

Faster asset growth than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

28th percentile

-3.9%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,695,966

Down $89,523 (-1.5%) from 2023

Liabilities

Down

$2,096,440

Down $107,227 (-4.9%) from 2023

Net Assets

Up

$3,599,526

Up $17,704 (+0.5%) from 2023

Revenue

Down

$528,752

Down $21,381 (-3.9%) from 2023

Expenses

Up

$511,048

Up $30,407 (+6.3%) from 2023

Net Income

Down

$17,704

Down $51,788 (-75%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2018: $3,012,247Liabilities 2018: $56,318Net Assets 2018: $2,955,9292018Assets 2019: $3,354,337Liabilities 2019: $218,363Net Assets 2019: $3,135,9742019Assets 2020: $3,317,144Liabilities 2020: $34,552Net Assets 2020: $3,282,5922020Assets 2021: $3,934,305Liabilities 2021: $525,624Net Assets 2021: $3,408,6812021Assets 2022: $5,999,127Liabilities 2022: $2,486,797Net Assets 2022: $3,512,3302022Assets 2023: $5,785,489Liabilities 2023: $2,203,667Net Assets 2023: $3,581,8222023Assets 2024: $5,695,966Liabilities 2024: $2,096,440Net Assets 2024: $3,599,5262024

Highlighted filing

2024

Assets$5,695,966
Liabilities$2,096,440
Net Assets$3,599,526

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2018: $385,140Expenses 2018: $384,753Net Income 2018: $3872018Revenue 2019: $596,326Expenses 2019: $416,281Net Income 2019: $180,0452019Revenue 2020: $578,057Expenses 2020: $431,440Net Income 2020: $146,6172020Revenue 2021: $542,880Expenses 2021: $389,363Net Income 2021: $153,5172021Revenue 2022: $564,711Expenses 2022: $461,062Net Income 2022: $103,6492022Revenue 2023: $550,133Expenses 2023: $480,641Net Income 2023: $69,4922023Revenue 2024: $528,752Expenses 2024: $511,048Net Income 2024: $17,7042024

Highlighted filing

2024

Revenue$528,752
Expenses$511,048
Net Income$17,704

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$528,752
Mission and Program Overview

Mission

The cic is the city of bexley's agent for industrial and commercial distributions and research development. Thepurpose of the cic is to advance, encourage, and promote industrial, economic, commercial and civic developmentof the city of bexley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,885,928$3,162,546▲ $276,618
Cash and Non-Interest-Bearing Accounts$668,422$586,034▼ $82,388
Inventories for Sale or Use$414,896$417,980▲ $3,084
Accounts Receivable$13,948$15,454▲ $1,506
Total Assets$5,785,489$5,695,966▼ $89,523
Other Assets Total$1,802,295$1,513,952▼ $288,343
Liabilities
Other Liabilities$1,831,763$1,506,771▼ $324,992
Mortgage Notes Payable Secured by Investment Property$363,043$581,001▲ $217,958
Accounts Payable and Accrued Expenses$8,861$8,668▼ $193
Total Liabilities$2,203,667$2,096,440▼ $107,227
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,229,536$3,254,419▲ $24,883
Net Assets With Donor Restrictions$352,286$345,107▼ $7,179
Total Net Assets Fund Balance$3,581,822$3,599,526▲ $17,704
Total Liabilities and Net Assets / Fund Balance$5,785,489$5,695,966▼ $89,523

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,076,301-$2,076,301
Other Land Buildings$1,086,245$849,727$1,935,972
Other Assets Org$5,095--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nate GreenChair
Sarah GoldVice Chair
Danny HurleyCouncil Member
Jessica SaadCouncil Member
Sam MarcellinoCouncil Member
Ben KesslerMayor
Heidi MccabeMember
Jeffrey WalkerMember
Matt KlinglerMember
Matt McpeekMember
Mike SimpsonMember
Tod FriedmanMember
Stephanie BoscoSecretary
Karrie MartinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$459,493
Investment Income
$69,259
Other Revenue
$0
Change in Net Assets
$17,704

Audited Revenue Reconciliation

Revenue per Audited Statements
$528,752
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$528,752
Total Revenue per Form 990
$528,752
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$381,048
Grants and Similar Amounts Paid$130,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$184,176--$184,176
Grants to Domestic Orgs$130,000--$130,000
Depreciation Depletion$98,382--$98,382
Fees for Services Management$71,903--$71,903
Interest$24,228--$24,228
Office Expenses-$2,359-$2,359
Total Functional Expenses$508,689$2,359$0$511,048

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$511,048
Total Expenses per Audited Statements$511,048
Total Expenses per Form 990$511,048
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of BexleyBexley, OH501c3Economic Development in Bexley$130,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Inflow- Leases$1,401,911
Intergovernmental Payable$70,000
Unearned Income$34,860
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

990 was reviewed by treasurer and president and will be presented at next board meeting

Form 990, Part VI, Section C, Line 19

Documents are available at request

Filing and Contact Details

Filer

Filer Name
Bexley Community Improvement Corporation
EIN
46-3662675
Phone
6145594200
Address
2242 EAST MAIN STREET, BEXLEY, OH 43209

Signing Officer

Name
Karrie Martin
Title
Treasurer
Phone
6145594200
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nate Green
Formed
2018
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
John Gerlach & Company LLC
Address
1500 LAKE SHORE DR STE 220, COLUMBUS, OH 43204
Preparer
Stan Ferger CPA
Phone
6142242164
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Ground lease expenses: program service expenses 50,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,000. Bexley square operations: program service expenses 134,176. Management and general expenses 0. Fundraising expenses 0. Total expenses 134,176.

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IRS990/PYGrantsAndSimilarPaidAmt0130000
IRS990/PYInvestmentIncomeAmt085090
IRS990/PYOtherExpensesAmt0350641
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0465043
IRS990/PYRevenuesLessExpensesAmt069492
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0480641
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0550133
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt017704
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0528752
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0130000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0260000
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0260000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0130000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0130000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0260000
IRS990ScheduleA/TotalSupportAmt0260000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0511048
IRS990ScheduleD/LandGrp/BookValueAmt02076301
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02076301
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01508857
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt15095
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LEASE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01086245
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0849727
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01935972
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt070000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11401911
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt234860
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERGOVERNMENTAL PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INFLOW- LEASES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNEARNED INCOME
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0528752
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03162546
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01513952
IRS990ScheduleD/TotalExpensesPerForm990Amt0511048
IRS990ScheduleD/TotalLiabilityAmt01506771
IRS990ScheduleD/TotalRevenuePerForm990Amt0528752
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0528752
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0511048
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0130000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ECONOMIC DEVELOPMENT IN BEXLEY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CITY OF BEXLEY
IRS990ScheduleI/RecipientTable/RecipientEIN0316400306
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02242 E MAIN ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BEXLEY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd043209
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0161000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BEN KESSLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0MAYOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0161000
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 WAS REVIEWED BY TREASURER AND PRESIDENT AND WILL BE PRESENTED AT NEXT BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE AT REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GROUND LEASE EXPENSES: PROGRAM SERVICE EXPENSES 50,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,000. BEXLEY SQUARE OPERATIONS: PROGRAM SERVICE EXPENSES 134,176. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 134,176.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF BEXLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CITY GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02242 E MAIN ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BEXLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd043209
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0CITY OF BEXLEY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH

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