Miami Township Communityimprovement Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO ADVANCE, ENCOURAGE AND PROMOTE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIC DEVELOPMENT WITHIN MIAMI TOWNSHIP, MONTGOMERY COUNTY, OHIO.
- Income
- $46,329
- Spending
- $23,810
- Spent on programs
- 71%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
- Volunteers
- 6
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 81% of charities in its peer group (community improvement, under $250k).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $17,007 spent. TO ADVANCE, ENCOURAGE AND PROMOTE INDUSTRIAL, ECONOMIC, COMMERCIAL AND CIVIC DEVELOPMENT WITHIN MIAMI TOWNSHIP, MONTGOMERY COUNTY, OHIO.ADVANCE TO THE TOWNSHIP TO COVER THE FIRST STATE INFRASTRUCTURE BANK LOAN THE TOWNSHIP OBTAINED TO DELIVER THE VIENNA PARKWAY EXTENSION AND FACILITATE THE VIENNA SPRINGS DEVELOPMENT. THE CIC SERVES AS A BACK STOP FOR THE TOWNSHIP UNTIL THE REAL ESTATE AND PAYROLL TAX COLLECTIONS ARE SUFFICIENT TO SERVICE THE DEBT. TIMING OF COLLECTIONS CREATES AN INITIAL GAP, BUT REPAYMENT FROM THE TOWNSHIP IS NOT A CONCERN.LOT PREPARATIONS IN ANTICIPATON OF SALE, FINAL PIECE OF THE VIENNA CENTER PROJECT NORTH OF THE ROAD EXTENSION AND ELDER-CARE FACILITY ARE TWO PARCELS READIED FOR DEVELOPMENT. THESE WILL BE MARKETED FOR SALE WITH THE PROCEEDS FUNDING FUTURE CIC PROJECTS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2010 for not filing returns for three years, and reinstated on May 15, 2010.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.