Overview
What is Emerald Development & Economic Network?
The Emerald Development & Economic Network, also known as EDEN, is a Cleveland, Ohio-based nonprofit organization with a mission to provide housing solutions for individuals and families facing housing insecurities and homelessness. With a workforce of 231 employees, EDEN ensures the development, operation, and administration of safe, decent, and affordable housing units for those who are homeless or at risk, have disabilities, or special needs. Their housing units catered to over 1,200 consumers during the 2022 fiscal year, maintaining a high 95% rent collection and occupancy standard. The organization's vision extends beyond housing, as they aim to foster collaborative partnerships and create initiatives to end homelessness, while maintaining a dedicated, qualified, and committed staff culture.
Official website here: www.edeninc.org
Is Emerald Development & Economic Network legitimate?
Emerald Development & Economic Network is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerald Development & Economic Network 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: $1,424,588
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,071,072
For more financial information, click here
Official website here: www.edeninc.org
What is the mission statement of Emerald Development & Economic Network?
The Emerald Development & Economic Network is dedicated to addressing housing insecurities and homelessness by providing affordable housing solutions. Their mission is to enable vulnerable individuals and families to live with hope and dignity. The organization develops, operates, and administers safe and decent housing units for those who are homeless or at risk, have disabilities or special needs, and have very low or extremely low income. In the 2022 fiscal year, EDEN served over 1200 consumers, maintaining high rent collection and occupancy standards. The majority of residents have lived in their housing for two years or more and have a source of income. EDEN fosters collaborative partnerships to increase resources and create initiatives in support of their mission, and they prioritize attracting and retaining highly qualified and committed staff.
Official website here: www.edeninc.org
Who is the CEO of Emerald Development & Economic Network?
Elaine Gimmel is the Board Member of Emerald Development & Economic Network.
Official website here: www.edeninc.org
What is the revenue of Emerald Development & Economic Network?
Emerald Development & Economic Network's revenue in 2022 was $42,110,677.
Official website here: www.edeninc.org
Who are the executives of Emerald Development & Economic Network and what are their salaries?
The average compensation at Emerald Development & Economic Network during 2022 was $19,462. There are 231 employees and 40 volunteers at Emerald Development & Economic Network.
Here are 22 key members and their salaries:
- Elaine Gimmel (Executive Director)
- Sharon Parks (Chief Financial Officer)
- Emma Petrie Barcelona (Chief Operating Officer)
- Gerri Kornblut (General Counsel)
- Dennis Morton (Board Member) [Trustee/Director]
- Douglas Shelby (Secretary) [Trustee/Director]
- Michele Sommerfelt (Board Member) [Trustee/Director]
- Mark Dodds (Board Member) [Trustee/Director]
- John Mark Tichar (President) [Trustee/Director]
- Joshua E Levin (Board Member) [Trustee/Director]
- Susan Licciardi (Board Member) [Trustee/Director]
- Matthew Large (Board Member) [Trustee/Director]
- Kenneth G Silliman (Board Member) [Trustee/Director]
- Amanda J Miller (Board Member) [Trustee/Director]
- Timothy Williams (Board Member) [Trustee/Director]
- Hal C Gunder (Board Member) [Trustee/Director]
- Jonathan Petrus (Vice President) [Trustee/Director]
- Beth Adams (Treasurer) [Trustee/Director]
- Kanika Willaims (Board Member) [Trustee/Director]
- Joni Todd (Board Member) [Trustee/Director]
- Maurice Agee (Board Member) [Trustee/Director]
- Dawn Ellis (Board Member) [Trustee/Director]
Official website here: www.edeninc.org
Where can I find the form 990 for Emerald Development & Economic Network?
The Emerald Development & Economic Network’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.edeninc.org
Learn more at the official website: www.edeninc.org
Mission Statement of Emerald Development & Economic Network
Emerald Development & Economic Network, or EDEN, is a dedicated organization with a mission to address the housing insecurities and homelessness faced by individuals and families. By providing safe, decent, and affordable housing solutions, EDEN strives to lead efforts in ending homelessness.
The heart of EDEN's mission lies in its commitment to creating housing opportunities for people who are at risk of or experiencing homelessness, as well as those with disabilities and special needs. With an impressive 1200 consumers served during the 2022 fiscal year, EDEN consistently achieves high standards of rent collection and occupancy, with 80% of residents living in their housing for two years or more. Moreover, 70% of EDEN's residents have a reliable source of income.
EDEN's vision is multifaceted, encompassing not only the development and operation of affordable housing units but also the fostering of collaborative partnerships to expand resources and create initiatives in support of its mission. These partnerships play a crucial role in enhancing the organization's impact. Additionally, EDEN values attracting and retaining highly qualified and committed staff, which contributes to the overall success of its mission.
Impact
This information is meant to be a general summary of Emerald Development & Economic Network. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Emerald Development & Economic Network, also known as EDEN, has a significant impact on the community by providing housing solutions to individuals facing housing insecurities and homelessness. Through their dedicated efforts, EDEN has served over 1200 consumers in the 2022 fiscal year, demonstrating their commitment to supporting vulnerable individuals and families. With a strong focus on developing, operating, and administering safe, decent, and affordable housing, EDEN contributes to creating stable and supportive environments that enable their residents to live with hope and dignity.
Moreover, EDEN's emphasis on collaborative partnerships and resource mobilization highlights their proactive approach to addressing homelessness. By fostering relationships and initiatives that support their mission, EDEN not only provides housing but also works towards sustainable solutions to end homelessness in the community.
Additionally, EDEN's success in maintaining high rent collection and occupancy standards, along with the statistic that 80% of residents have lived in their housing for two years or longer, showcases the effectiveness of their housing programs. This stability and longevity in housing demonstrate EDEN's impact in providing a secure and enduring support system for those in need.
Overall, EDEN's focus on housing for individuals who are homeless or at risk of homelessness, coupled with their commitment to creating a culture that attracts qualified staff, reinforces their vital role in addressing housing insecurities and homelessness in the community. By striving to offer not just housing but also a pathway towards stability and independence, EDEN contributes significantly to improving the lives of those they serve.
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:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROPERTY MANAGEMENT & ADMINISTRAT
Revenue
$5,376,439
RENTAL INCOME
Revenue
$909,357
OTHER PROGRAM REVENUE
Revenue
$153,252
MANAGEMENT FEE
Revenue
$35,520
Organization Details
Founding Year
1990
Phone
(216) 961-9690
Principal Officer
Elaine Gimmel
Main Address
7812 MADISON AVE, CLEVELAND, OH, 44102
Website
www.edeninc.org
NTEE Category
Code: F33 - Mental health
If you are a representative of Emerald Development & Economic Network 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.