Mid-ohio Valley Area Development Corporation
501(c)(4)
Only null% goes to programs Strong reserves
Mid-ohio Valley Area Development Corporation is a 501(c)(4) organization based in Parkersburg, West Virginia, registered in 1982, with $254,774 in FY2023 revenue. CharityIndex grades it C+.
709 Market St, Parkersburg, WV, 26101 EIN 55-0612212 Since 1982
Revenue (FY2023)
$255K
▲ 15.5% vs prior year
Expenses (FY2023)
$217K
Net assets
$3.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Mid-ohio Valley Area Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating215 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mid-ohio Valley Area Development Corporation: 215 mo reserves · +15% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Mid-ohio Valley Area Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mid-ohio Valley Area Development Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 709 Market St, Parkersburg, WV, 26101
- City
- Parkersburg
- State
- West Virginia
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $1.3M (FY2016) to $255K (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.9MNet assets $3.9M
Operating margin
14.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.8M
Total liabilities
$2.9M
Net assets
$3.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $254,774▲15.5% | $216,923▼28.7% | $3,877,797▲6.6% | $6,786,000▲0.7% | 990 |
| 2022 | $220,528▼40.3% | $304,117▲113% | $3,638,937▼2.2% | $6,735,982▼3.0% | 990 |
| 2021 | $369,526 | $142,616 | $3,722,527 | $6,943,061 | 990 |
| 2020 | — | — | $0▼100% | $0▼100% | 990EZ |
| 2016 | $1,268,716 | $244,463▲31.9% | $3,176,556▲50.0% | $5,794,043▲42.3% | 990 |
| 2010 | — | $185,378▼11.7% | $2,117,916▼0.2% | $4,070,985▲1.2% | 990 |
| 2009 | — | $210,048 | $2,122,684 | $4,023,168 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Mid-ohio Valley Area Development Corporation a legitimate nonprofit?
- Yes. Mid-ohio Valley Area Development Corporation is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 55-0612212, based in Parkersburg, West Virginia.
- What is Mid-ohio Valley Area Development Corporation's EIN?
- Mid-ohio Valley Area Development Corporation's Employer Identification Number (EIN) is 55-0612212.
- How much revenue does Mid-ohio Valley Area Development Corporation report?
- Mid-ohio Valley Area Development Corporation reported $254,774 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Mid-ohio Valley Area Development Corporation have?
- CharityIndex grades Mid-ohio Valley Area Development Corporation C+, based on financial health (reserves and operating margin).
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Data for Mid-ohio Valley Area Development Corporation (EIN 55-0612212) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.