NonprofitsBlock 3 Community Urban Redevelopment Corporation

Philanthropy, Voluntarism & Grantmaking Foundations

Block 3 Community Urban Redevelopment Corporation

CINCINNATI, OH

Total revenue

$8.6M

Total expenses

$6.8M

Net assets

Grants received

EIN

141873450

Tax year

2023

Mission

Redevelopment of blighted urban areas by development of real property primarily for student housing.

Programs

2 programs

The organization provides student housing for students of the university of cincinnati. The organization has attracted a substantial number of students who reside at the organization's housing facility.

Expenses: $3.5M

The organization constructed student housing. The expense reflects the depreciation expense on the student housing building.

Expenses: $1.6M

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$7.9M
Investment income$24K
Other revenue$726K
Total revenue$8.6M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$6.8M
Total expenses$6.8M
Total assets$39.5M
Net assets

People

6 listed

NameRoleCompensation

CHIP KUSSMAUL

TRUSTEE

Board

1 hrs/wk

DANIEL DEERING

PRESIDENT

Board

1 hrs/wk

JOHN DUBOIS

VICE PRESIDENT

Board

1 hrs/wk

TOM ERBECK

SECRETARY

Board

1 hrs/wk

MEGAN SMITH

TREASURER

Board

1 hrs/wk

MATTHEW BOURGEOIS

DIRECTOR

Board

10 hrs/wk

Independent contractors

UNIVERSITY OF CINCINNATI

MANAGEMENT SERVICES

$300K

Details

EIN141873450
NTEE codeT11
Subsection03
Ruling date2003-12
Formed2003
Employees0
Volunteers5
BLOCK 3 COMMUNITY URBAN REDEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo