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Cincinnati Center City Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200446324 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is Cincinnati Center City Development Corp?

Cincinnati Center City Development Corp, or 3CDC, is a nonprofit organization based in Cincinnati. Their primary mission is to collaborate with the City of Cincinnati and the local business community to revitalize the urban core of the city. They focus on developing and financing projects that strengthen downtown Cincinnati's core assets, create civic spaces, and preserve historic structures. Their initiatives include high-density and mixed-use developments to enhance the city's urban landscape.


Official website here: www.3cdc.org

Is Cincinnati Center City Development Corp legitimate?

Cincinnati Center City Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Center City Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,419,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,072,619

For more financial information, click here


Official website here: www.3cdc.org

What is the mission statement of Cincinnati Center City Development Corp?

The Cincinnati Center City Development Corp, a private non-profit organization, is dedicated to the strategic revitalization of the urban core in collaboration with the City and local corporate community. Their mission is to strengthen downtown Cincinnati by creating great civic spaces, fostering high-density and mixed-use developments, and preserving historic structures. Through their initiatives, they aim to breathe new life into the city's core assets.


Official website here: www.3cdc.org

Who is the CEO of Cincinnati Center City Development Corp?

Timothy Szilasi is the President & Ceo of Cincinnati Center City Development Corp. The CEO's salary of Cincinnati Center City Development Corp is $628,087 and their total compensation is $706,460.


Official website here: www.3cdc.org

What is the revenue of Cincinnati Center City Development Corp?

Cincinnati Center City Development Corp's revenue in 2022 was $46,900,631.


Official website here: www.3cdc.org

Who are the executives of Cincinnati Center City Development Corp and what are their salaries?

The average compensation at Cincinnati Center City Development Corp during 2022 was $33,025. There are 348 employees and 100 volunteers at Cincinnati Center City Development Corp.

Here are 40 key members and their salaries (Cincinnati Center City Development Corp's CEO's salary is $628,087 and their total compensation is $706,460):

    Stephen G Leeper (President & Ceo) [Trustee/Director]
  • Compensation: $628,087
  • Related: $0
  • Other: $78,373

    • Adam Gelter (Evp, Development)
  • Compensation: $339,734
  • Related: $0
  • Other: $64,966

    • Timothy Szilasi (Secy., Treas., Sr. Vp & Cfo)
  • Compensation: $260,210
  • Related: $0
  • Other: $48,616

    • Christy Vissman (Vp Events)
  • Compensation: $178,734
  • Related: $0
  • Other: $59,321

    • Lann Field (Vp Development)
  • Compensation: $175,008
  • Related: $0
  • Other: $21,655

    • Michael Dumbauld (Vp Finance)
  • Compensation: $119,061
  • Related: $0
  • Other: $15,985

    • Jennifer Martin (Accounting Director)
  • Compensation: $117,838
  • Related: $0
  • Other: $15,841

    • David Vissman (Vp Operations)
  • Compensation: $118,360
  • Related: $0
  • Other: $5,666

    • Carolyn Tastad (Chair (Thru 3/25/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shailesh Jejurikar (Chair (As Of 3/25/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph S Michael Iii (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph A Pichler (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John F Barrett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patty Basti (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil K Bortz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Archie Brown (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert H Castellini (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Davis (Board Member (As Of 3/25/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leigh Fox (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S Kay Geiger (Board Member (Thru 7/22/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Habel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Hays (Board Member (As Of 12/14/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Hodgett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ryan Jankowski (Board Member (As Of 7/22/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Jones (Board Member (Thru 7/22/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen M Katz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Lindgren (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John C Merchant (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernie Mckay (Board Member (As Of 9/9/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Mcmullen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Meyer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Mullinger (Board Member (As Of 12/14/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Schneider (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Sowar (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Spiller (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeremy Vaughn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Warren Weber (Board Member (As Of 7/22/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas L Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shane Wright (Board Member (Thru 7/22/2022)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James M Zimmerman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.3cdc.org

    Where can I find the form 990 for Cincinnati Center City Development Corp?

    The Cincinnati Center City Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.3cdc.org

    Learn more at the official website: www.3cdc.org

    Mission Statement of Cincinnati Center City Development Corp

    Cincinnati Center City Development Corp, often referred to as 3CDC, is a visionary non-profit organization dedicated to enhancing the urban landscape of Cincinnati's downtown core. With a mission to strengthen the city's core assets, create remarkable civic spaces, and foster high-density, mixed-use developments, 3CDC collaborates closely with the City of Cincinnati and the local corporate community.

    In a proactive endeavor to breathe new life into Cincinnati's urban core, 3CDC strategically combines real-estate development and finance expertise to revitalize the city. By partnering with the City and the corporate community, this innovative non-profit organization has transformed downtown Cincinnati into a thriving hub of activity and progress.

    3CDC's initiatives encompass the revitalization of historic structures, ensuring that the city's rich heritage is preserved while embracing modern development. The organization's focus on creating great civic spaces has led to the development of vibrant communal areas that foster a sense of community and celebration. Additionally, 3CDC's high-density, mixed-use developments have revitalized once-forgotten areas, attracting businesses and residents alike to the downtown urban core.

    As a private, non-profit organization, 3CDC's dedication to Cincinnati extends beyond brick and mortar projects. By collaborating with the City and the corporate community, 3CDC drives the transformation of the city's downtown core, creating a more vibrant, livable, and prosperous urban environment.

    Impact

    This information is meant to be a general summary of Cincinnati Center City Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cincinnati Center City Development Corp, also known as 3CDC, has made a significant impact on downtown Cincinnati by working to strengthen core assets, create great civic spaces, develop high-density mixed-use projects, and preserve historic structures. Through strategic partnerships with the City of Cincinnati and the corporate community, 3CDC has played a crucial role in revitalizing the urban core of the city. Their efforts have contributed to community improvement, economic development, and the overall vitality of downtown Cincinnati.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $96,316
  • Program Service Revenue: $39,250,427
  • Gross Receipts: $51,353,062

    • Assets and Liabilities:
  • Total Assets: $437,931,521
  • Total Liabilities: $456,345,549
  • Net Assets: -$18,414,028
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LEASE INCOME

    Revenue

    $10,600,908

    MANAGEMENT FEE INCOME

    Revenue

    $6,337,817

    PARKING INCOME

    Revenue

    $6,284,754

    SVC CONCESSION CNTRCT INCOME

    Revenue

    $5,122,764

    CONDOMINIUM SALES

    Revenue

    $4,685,000

    Organization Details

    Founding Year

    2004

    Principal Officer

    Timothy Szilasi

    Main Address

    1203 WALNUT STREET 4TH FLOOR, CINCINNATI, OH, 45202

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Cincinnati Center City Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.