NonprofitsCommunity Improvement Corporation Of Fostoria Ohio

Community Improvement & Capacity Building

Community Improvement Corporation Of Fostoria Ohio

FOSTORIA, OH

Total revenue

$114K

Total expenses

$79K

Net assets

$985K

Grants received

$133K

3 grants

EIN

263172960

Tax year

2024

Mission

As a dually authorized community improvement corporation (cic), the not- for-profit corporation has been organized for the purpose of advancing, encouraging, and promoting the industrial, economic, commercial and research development of our community and county. The mission of the cic is to retain, expand and attract capital investment and jobs to the community of fostoria, ohio. Strategies used to implement our mission include the use and promotiom of local, state and federal financial assistance, tax incentives and training/technical assistance.

Financials

FY 2024

Revenue

Contributions & grants$20K
Program service revenue
Investment income$82K
Other revenue$12K
Total revenue$114K

Expenses

Grants paid$44K
Salaries & benefits
Fundraising
Other expenses$34K
Total expenses$79K
Total assets$1.1M
Net assets$985K

People

7 listed

NameRoleCompensation

MARK BAKER

TREASURER

Board

STEVE DANDURAND

TRUSTEE

Board

ERIC KECKLER

TRUSTEE

Board

DON MENNEL

TRUSTEE

Board

FORD MENNEL

SECRETARY

Board

TOM REINEKE

VICE CHAIR

Board

RENEE SMITH

PRESIDENT

Board

Grants received

Showing 3 of 3

FromAmountPurposeYear
$50K
ADDITIONS TO THE PARKETTE; SEED MONEY TO START A SMALL BUSINESS
2024
$25K
PERMANENT ARTWORK DISPLAY, PILOT FOSTORIA RELOCATION PROGRAM TO ATTRACT WORKFORCE CANDIDATES
2022
$58K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$133K from 2 funders · 3 grants · 2017–2024

Toledo Community Foundation Inc

$75K · 2 grants · 2022–2024

Details

EIN263172960
NTEE codeS31
Subsection03
Ruling date2010-11
Formed2010
Employees0
COMMUNITY IMPROVEMENT CORPORATION OF FOSTORIA OHIO — Mission, Financials & Grants Received | Grantivo