NonprofitsCleveland Citywide Development Corporation

Community Improvement & Capacity Building

Cleveland Citywide Development Corporation

CLEVELAND, OH

Total revenue

$839K

Total expenses

$818K

Net assets

$254K

Grants received

$770K

9 grants

EIN

341344474

Tax year

2024

Mission

CCDCs purpose is to review and process grants, loans, tax incremental financing and provide other assistance to eligible businesses/others within the city of Cleveland. This assistance is designed to promote economic growth and to retain or increase employment within the city.

Programs

3 programs

Cleveland Citywide Development Corporation: There are two components for this program. One component is Fund for Our Economic-Future-Opportunity Corridor Project which incurred $90,000 of expenses in calendar year 2024. The other component is Cleveland Foundation- Cleveland incentves Scorecard which also incurred $95,000 of expenses in calendar year 2024.

Expenses: $185K

City of Cleveland- MTNI- Down Payment Assistance Program- incurred expenses for calendar year 2024 of $133,511.

Expenses: $134K

City of Cleveland GlenVillage Retail Incubator - This program was designed to provide retail spaces and necessary equipment for eligible business in the Glenville area. Several businesses were provided assistance in calendar year 2024. This program was also designed to provide technical assistance to these businesses to help ensure their financial viability. The total historic estimated expenses for this program were $3,200,000. The MNTI epxenses incurred for this program in calendar year 2024 were $91,761.

Expenses: $92K

Financials

FY 2024

Revenue

Contributions & grants$664K
Program service revenue
Investment income$723
Other revenue$173K
Total revenue$839K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$818K
Total expenses$818K
Total assets$1.3M
Net assets$254K

People

14 listed

NameRoleCompensation

Roger Carney

Board of Trustees LRC

Board

2 hrs/wk

Anthony Hairston

Board MemberLRC

Board

2 hrs/wk

Juan Hernandez

Board Member

Board

1 hrs/wk

Dale R Lenzer

Board MemberLRC

Board

2 hrs/wk

N Michael Obi

Board Member

Board

1 hrs/wk

Zulma Zabala

Board Member

Board

1 hrs/wk

Dana Capers

Board Member

Board

1 hrs/wk

J Stefan Holmes

CCDC Board Vice President

Board

3 hrs/wk

Tyson Mitchell

Board Member

Board

1 hrs/wk

Jeffrey T Verespej

LRC Board Member

Board

1 hrs/wk

Alyssa Hernandez

Board Member

Board

1 hrs/wk

Henry West

CCDC Board Treasurer

Board

1 hrs/wk

Thomas S McNair

CCDC Board Secretary

Board

1 hrs/wk

Dan Rehor

Fiscal Manager

Board

40 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$200K
CLEVELAND INCENTIVES SCORECARD
2023
$30K
CHARITABLE DONATION
2023
$100K
JOB CREATION, JOB ACCESS
2022
$100K
GRANT WRITING SUPPORT FOR CITY OF CLEVELAND
2022
$50K
Collaborative Relationship & Community Efforts
2022
$125K
PRESERVATION AND CREATING MIDDLE NEIGHBORHOODS IN THE CITY OF CLEVELAND
2020
$10K
PROGRAM SUPPORT
2020
$10K
Middle Neighborhoods Peer City Learning - Baltimore site and program visit.
2020
$145K
CLEVELAND NEIGHBORHOOD TRANSFORMATION INITIATIVE: CODING TRAINING FUND, BORROWER TRAINING PILOT, AND ENTREPRENEUR CREDIT REPAIR PROGRAM
2018

Funded by

$770K from 6 funders · 9 grants · 2018–2023

The Cleveland Foundation

$570K · 4 grants · 2018–2023

Fund For Our Economic Future Of

$100K · 1 grant · 2022

Charities Aid Foundation America

$30K · 1 grant · 2023

Community Foundation Of Western

$10K · 1 grant · 2020

The George Gund Foundation

$10K · 1 grant · 2020

Details

EIN341344474
NTEE codeS300
Subsection03
Ruling date1981-09
Formed1981
Employees0
CLEVELAND CITYWIDE DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo