NonprofitsFranklin Development Corporation

Community Improvement & Capacity Building

Franklin Development Corporation

FRANKLIN, IN

Total revenue

$77K

Total expenses

$259K

Net assets

$1.6M

Grants received

EIN

263993888

Tax year

2024

Mission

The mission of the franklin development corporation is community betterment primarily through economic development.

Programs

2 programs

Provide dollar for dollar matching grants to commercial property owners in a selected area of downtown franklin to renovate buildings and increase the street appeal.

Expenses: $131KGrants: $131K

Provide low interest rate loans to residential or commercial property owners to encourage and aid in the rehabilitation/renovation of historic and/or underutilized homes and buildings located within the integrated economic development area of the historic franklin. Portions of the residential loans may also be forgiven in the form of a grant.

Expenses: $97KGrants: $97K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$43K
Investment income
Other revenue$34K
Total revenue$77K

Expenses

Grants paid$229K
Salaries & benefits
Fundraising
Other expenses$31K
Total expenses$259K
Total assets$1.7M
Net assets$1.6M

People

10 listed

NameRoleCompensation

DAVID BEDWELL

PRESIDENT

Board

1 hrs/wk

TINA JOBE

VICE PRESIDENT

Board

1 hrs/wk

LISA JONES

TREASURER

Board

1.5 hrs/wk

AMANDA OTT

DIRECTOR

Board

1 hrs/wk

AMY RICHARDSON

SECRETARY

Board

1 hrs/wk

DUSTIN ROYER

DIRECTOR

Board

1 hrs/wk

AMY HAACKER

DIRECTOR

Board

1 hrs/wk

DREW EGGERS

DIRECTOR

Board

1 hrs/wk

KRISTA LINKE

DIRECTOR

Board

1 hrs/wk

DANA MONSON

DIRECTOR

Board

1 hrs/wk

Details

EIN263993888
NTEE codeS20
Subsection03
Ruling date2010-10
Formed2009
Employees0
Volunteers12
FRANKLIN DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo