Overview
What is Cleveland Citywide Development Corporation?
The Cleveland Citywide Development Corporation (CCDC) is a nonprofit organization situated in Cleveland, Ohio. With a primary focus on promoting economic growth and employment within the city, CCDC reviews and facilitates grants, loans, and tax incremental financing for eligible businesses and other entities. This support is aimed at retaining and boosting employment opportunities within Cleveland. In addition to these financial aids, CCDC also manages a program called MNTI, which provides down payment assistance to qualified new homeowners in the Glenville neighborhood. In the year 2022, this program incurred expenses totaling $895,154 to assist homebuyers purchasing newly constructed or rehabilitated homes through the MNTI program.
Is Cleveland Citywide Development Corporation legitimate?
Cleveland Citywide Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland Citywide Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cleveland Citywide Development Corporation?
The Cleveland Citywide Development Corporation (CCDC) serves a mission to foster economic growth within its jurisdiction by reviewing and processing grants, loans, and tax incremental financing for eligible businesses and entities. This assistance is aimed at retaining or increasing employment within the city. In addition to financial aid, CCDC provides other forms of assistance to facilitate development projects. One of their initiatives is the MNTI Down Payment Assistance program, designed to support qualified new homeowners in specific neighborhoods by providing assistance for down payments on newly constructed or rehabilitated homes.
Who is the CEO of Cleveland Citywide Development Corporation?
Dan Rehor is the Lrc Board Member of Cleveland Citywide Development Corporation.
What is the revenue of Cleveland Citywide Development Corporation?
Cleveland Citywide Development Corporation's revenue in 2022 was $2,154,717.
Who are the executives of Cleveland Citywide Development Corporation and what are their salaries?
- Michael Gruss (Lrc Board Member) [Trustee/Director]
- Randy Horst (Lrc Board Member) [Trustee/Director]
- Brian Banjac (Lrc Board Member) [Trustee/Director]
- J Stefan Holmes (Ccdc Board Vice President) [Trustee/Director]
- Tyson Mitchell (Board Member) [Trustee/Director]
- Dean Razek (Lrc Board Member) [Trustee/Director]
- Jeffrey T Verespej (Lrc Board Member) [Trustee/Director]
- Daniel Omalia (Lrc Board Member) [Trustee/Director]
- Timothy Pittman (Lrc Board Member) [Trustee/Director]
- Derek Reed (Lrc Board Member) [Trustee/Director]
- Joyce P Huang (Board Member) [Trustee/Director]
- Dale R Lenzer (Board Memberlrc) [Trustee/Director]
- N Michael Obi (Board Member) [Trustee/Director]
- Roger Carney (Board Of Trustees Lrc)
- Anthony Hairston (Board Memberlrc) [Trustee/Director]
- Juan Hernandez (Board Member) [Trustee/Director]
- Dana Capers (Board Member) [Trustee/Director]
- Luke D Elsass (Board Member) [Trustee/Director]
- Zulma Zabala (Board Member) [Trustee/Director]
- Alyssa Hernandez (Board Member) [Trustee/Director]
- Justin Bibb (Ccbc Board President) [Trustee/Director]
- Henry West (Ccdc Board Treasurer) [Trustee/Director]
- Tessa Jackson (Ccdc Board Secretary) [Trustee/Director]
- Dan Rehor (Fiscal Manager)
Where can I find the form 990 for Cleveland Citywide Development Corporation?
The Cleveland Citywide Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Cleveland Citywide Development Corporation
Cleveland Citywide Development Corporation (CCDC) is dedicated to promoting economic growth within the city by reviewing and processing grants, loans, and providing tax incremental financing, along with other forms of assistance, to eligible businesses and organizations. This mission is geared towards retaining or increasing employment within the city. To further support this goal, CCDC introduced a Down Payment Assistance program in the Glenville neighborhood area in 2022, with the objective of providing financial aid to qualified new homeowners who are purchasing homes that have been newly constructed or rehabilitated through the MNTI program. This initiative incurred expenses amounting to $895,154 in the calendar year 2022. In essence, CCDC plays a vital role in stimulating economic development and fostering employment opportunities within the city, as well as assisting homebuyers in achieving their dreams of owning a home.
Impact
This information is meant to be a general summary of Cleveland Citywide Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Cleveland Citywide Development Corporation plays a crucial role in promoting economic growth and employment within the city of Cleveland. It reviews and processes grants, loans, tax incremental financing, and provides other forms of assistance to eligible businesses and individuals. One of its impactful programs is the Down Payment Assistance initiative, which aims to support new homeowners in the Glenville neighborhood area by providing financial assistance for down payments on newly constructed or rehabilitated homes. This program, in particular, highlights CCDC's commitment to fostering community improvement and facilitating access to affordable housing opportunities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1981
Principal Officer
Dan Rehor
Main Address
601 LAKESIDE AVE E RM 210, Cleveland, OH, 441141015
NTEE Category
Code: S300 - Community improvement
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