NonprofitsAkron Development Corporation

Community Improvement & Capacity Building

Akron Development Corporation

AKRON, OH

Total revenue

$490K

Total expenses

$481K

Net assets

$2.8M

Grants received

$2.4M

12 grants

EIN

341308327

Tax year

2024

Mission

Advances akron's tech economy through state-backed funding and its legacy with the akron global business accelerator.

Financials

FY 2024

Revenue

Contributions & grants$328K
Program service revenue$204K
Investment income
Other revenue
Total revenue$490K

Expenses

Grants paid$50K
Salaries & benefits
Fundraising
Other expenses$432K
Total expenses$481K
Total assets$4.7M
Net assets$2.8M

People

7 listed

NameRoleCompensation

JASON DODSON

PRESIDENT

Board

4 hrs/wk

JOE DANCY

SECRETARY

Board

4 hrs/wk

KEN BURNS

TREASURER

Board

4 hrs/wk

ADELE ROTH

TRUSTEE

Board

4 hrs/wk

SEAN VOLLMAN

TRUSTEE

Board

4 hrs/wk

SUZIE GRAHAM-MOORE

TRUSTEE

Board

4 hrs/wk

ISAIAH YOUNG

TRUSTEE

Board

4 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$23K
TO PROVIDE THE FUNDS FOR THE PURCHASE FOR NEW ICE SKATES AND ASSOCIATED EQUIPMENT FOR LOCK 3
2024
$10K
SCHOLARSHIP/BIRD, JACKSON T ID#:A01237019
2023
$70K
TO CONTINUE TO INCREASE THE VIBRANCY OF TARGETED BUSINESS DISTRICTS WITHIN THE CITY OF AKRON
2022
$1K
OPERATING EXPENSES
2022
$48K
TO SUPPORT GREAT STREETS AKRON TO CONTINUE TO INCREASE THE VIBRANCY OF TARGETED BUSINESS DISTRICTS WITHIN THE CITY OF AKRON
2021
$376K
TO SUPPORT ALTERNATIVE CITY OF AKRON RECREATION AND ENTERTAINMENT PROGRAMS DURING COVID-19
2020
$85K
CREATION OF AN ECONOMIC
2020
$25K
TO SUPPORT THE IMPLEMENTATION OF THE CITY/COUNTY/CHAMBER JOINT ECONOMIC DEVELOPMENT STRATEGIC PLAN
2018

Funded by

$2.4M from 4 funders · 12 grants · 2018–2024

Donor Advised Charitable Giving Inc

$1.8M · 2 grants · 2019–2020

Akron Community Foundation

$551K · 6 grants · 2018–2024

Gar Foundation

$85K · 1 grant · 2020

The Rc Musson And Katharine Musson

$3K · 3 grants · 2021–2023

Details

EIN341308327
NTEE codeS31
Subsection03
Ruling date2009-09
Formed1979
Employees0
Volunteers5
AKRON DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo